New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1853-03-16
Yankee Enterprise.

We are indebted to Mr. r. Lord, Purser Of
the Prometheus, for the following statement in regard
70 new lire Of steam communication on the Pacific,
between the Central American Republics and Panama :;
Contracts have lately been concluded by Captain
Thomas Wright and the Governments OF Central
America for the establishment Of the above line 70 carry
their malls TO and from Panama, commencing at Zta-
pam, in Gustemsla touching at ll the Lntermedia.e
ports OF Salvador Honduras Nicaragua and Costa Rica
The Government pay 70 the Captain bonus OF from
$3.50 600 during the term Of the contracts
and give him besides the exclusive privilege of the coast
ing trade by steam for ten years
THIS project will entirely revoutionze the present
mode Of doing business IN those Repubcs thing that
has long been anxOusy wished for by the merchants
II will place the United States IN most favorable posi-
ton to derive the greatest advantages from this trade
Every merchant Of the United States u therefore deeply
interested in this enterprise il will enable them to
compete with the Engsh merchants IN the Importation
OF our own manufactures into those countries. We
have been heretofore excluded from this lucrative trade
which has long been monopolized By European er-
chants but the great difficulty is done away with
By the running regularly that coast goods
be shipped either by way OF San Juan de Nicaragua
or the Ishmus of Panama. and reach their destination
IN any port of Central America 20 days from the tine
they leave EewYOrk. Whereas at the present time,
takes from five six and eight months 10 arrive
And alec, instead OF the indigo and cochineal being
shipped 10 Europe by the way Of Belize Honduras it
win come by this line to the United States hequickest
time that indigo and cochDeal have been known 10 ar
rive In Europe from the day they left the City OF Guate
nsla Salvador has been 100 days and by this route
IL can beseDt to England in 40 days at the furthest.
The merchants Of Central America will now come 10
the United States to purchase their goods instead OF
going Europe they do 30 in so much less time
and can buy fully 90 cheap. Thus this routeopens new
fields for commerce and enterprise TO US.
Central America as 10 is well known, is one Of the
finest countries in the world, and only requires the
energy and enterprise Of the Anglo Saxon race TO deve
Cpe their great natural resources.
There alsO another grand point gained IL cuts of
the English from monopolizng the North Pacific coast
usde they have done the South, aud as the Mon
doctrine Is becoming, 1t appears the order OF the
day, this Is grand step toward its fulfment We be-
Ieve this Ia the first American who has the privilege Of
the coasting trade by steam in q foreign country.
Captain Wright has given TO this line the name Of
"Central American Steam Navigation Company" and
the frst steamer will begin TO on the lst of Sept
next.
Capt ght is the son of the well known Capt John
r. Wright Of the oldest and most successful stes
sti CAPITA anoat 1t Is suIpilsed that the old gcnse
man IL con. cted also with this enterprise.