Nashville daily patriot. [volume] (Nashville, Tenn.) 1855-1857, 1856-03-18


arrived at New Orleans on the llth inst. She
brought dates from Granada, Nicaragua, 20 the
lst inst.
The news is interesting ard important.
The Government If the Republic of Mica
rRgua Issued a d cree, da'e Gantda, February
Is. aunulling the CONTRACT wIlh the Nicaragua
steamship line, or, more properly, the Aces
sorry Il ausit Company. The decree appoints
board Of three commissioners to wind up
the affairs of the old company, and 10 CONTRACT
with other parties tor the Instant commence
ment of line of steamships To the Atlantic
States and California. The commissioners are
Don Clet" Mayorga, Don Edward J. q. Kew
en-. and Don George +. Alden.
FL NicaraqUeRse, of February %, has
long and highly IN eresting articl. a company
ing the publication of the decree 1t gives TIE
reasons why the decree was issued, why the
property Of the Accessory Transit Company is
10 DC seized, makes some curious yelopments,
snd rome serious charges against individuals,
and winds up by reference to the bold and
en-, TO- tic policy which The Cove nm ent has
pursued ard intends to pursue Although the
article is long, we copy nearly the whole oft,
ss follows:
ave are info rmed that no Suspension Of the
regular communication will take place, but that
a new aud better line will commence at once.
10 order TO facilitate the new arrangement,
and to secure the Government against the loss
from the Transit Company, the Commission
ers have full authority to seize all the property
and steamers belonging TO the Accessory Tran.
ait Conn any low in or tlHt may come
within, the Jurisdiction of the State; and il will
be turned over to the agents of the new line,
on their giving bonds for the safety of the
property and the continuance of the commu-
nication. The steamers at San Juan del NOrte
and San Juan del Sur, together with those on
the lake, and the property OF all kinds, borh !
at and between all these points, will be seized !
Immediately aud held To satisfy the claims of |
this Government against the aforesaid compa-
nv. The decree has been discharged as a
thu nderbolt from a clear sky, and We are very
certain its execution will be a, prompt as hu. |
man energy will allow. The Accessory Transit |
Company is O. thing of yesterday, for to-day /
its property is in the hands OF Government.
As the decree sets forth, the Government |
of Nicaragua, in lS49, in its great anxiety Ia /
perfect junction of the Pacific Ocean with /
the Gulf of Mexico, by means of maritime |
Caral or other speedy method Of conveyance, /
granted 10 the above company, although under |
a different name, the right To al exclusive |
navigation of the inland waters of this State .
for twelve years. This contract also included |
a specific right in the company To construct a .
canal on certain terms therein set forth AT |
least these privileges granted IN the present |
charter, though they may have been conceded |
at different times. The company stipulated, |
however to pay this Government $4,000 per |
annum, together with ten per cent OF all nett |
profits of the line. These conditions have /
never been fulfilled, and therefore in it, right, |
a. = 10 and
zes the property to indemnify it for the amount
due by the company.
Two considerations have promoted the /
Government TO this action right and policy. |
The Accessory failed aud refused 10 comply /
with its agreements and therefore the /
State was bound 10 see its interests aud F.
dignity respected: the company had threaten /
ed To suspend the line aud break up all com
muuicauon with the ports ct Nicaragua, and /
therefore the State was Interested m seeing /
that this threat was not executed.
The Accessory Transit Company has not I
only forfeited it, bond, but IT. honor is held /
in Sight esteem IN the State M present.. We /.
are NJ rus~, ss>Iun ot cruvlnciug proof that tht-
COMPANY has not only Noted dishonesty, bat I
u has been gully Of treas "a; If AZ iucurlsor.-
ted body can be charged with such IA crime. 4
Mr. Joseph /. White, with Mr.. Marcoleta, /.
have uOk Only NlnhtcH tue hNHbhiltN JAWS bl +.
the United States, ia shipping an armed force /
of titty men Ia thIs state, ready armed aud .
oflioered; bat they have been guilty OF luuten /
ting the internal dl-curd~ that have prevailed /
in,the country. They had their policy 10 ac-
c 1Inplish, aud had II not been for the inter /
ference OF Gen. Walker, it would have been .
successful. TIE fifty Germans sent 10 this I
State. and stationed AT Castillo first, aud sec I
ondy al Ri,as were intended Ia advance
grand speculation; but n new game WAS made /
hafore the hand was dealt our aud g. day I
Messrs. Aspinwall aud Vanderbilt are losers
O. me deal.
Both Of the last named gentlemen-grand
q ,ecu.ators in steamship aud railroad stocks
are nlw interested Ia the Panama R'llroSd
stock. There Is n capioal OF $ll ,O00, COO in
that enterprise, which, al present, pay : merely
nominal per centSge. la order O. get OCT OF
that speculation, they know il is necessary 20
break down the Nicaragua line, and thus drive
Passengers rid Panama. Ihis would initiate
ihe value of their stock, aud enable them 10
self out 81 a large advance. La order IA ao-
oomplish this object, the usual disoords Of this
state have been foIneuted, the best steamers
Withdrawn and old ones supplied, the climate
If the country tradnoed, aud IN fact everything
done which could iIjars Us. They have CON
spired with White aud AaroOleta To iujure the
line. and through Tie Influence of Mr.. Nauder'
bilL who holds . share IA the NieArAsna
steamship stock, every impeachment has been
ihrowB IN The way oi the Transportation of
men 20 this State. la pursuanoc OF this plan,
IL has been the policy " the company - With.