The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1856-04-30
PROCEEDINGS OF THE ACCESSORY TRANSIT
COMPANY COMMISSION.
from FL Nicsragusnse, April I2.1

The temporary removal CT from this cit
70 Kvss and the recent srag events connected With
the active operations OF tss Commissioners having in
charge the affairs of the late rransis Company Mesrs
viii the sessions Of the commission and
continue the until the affairs OF the company ara
hr ally cispofec Of We learn that from present
ances, partial exsmiD alton Of the books Of the late
mpsny, ard from the testimony already ecited the
amount due to this government arising from the $40 900
annual I'M aments and the sen per cent quota upon the
yearly net profits, viii not fall far short Of half mi hon
dollars appears that the company commenced opera
tiops without the application Of any very Little
Of its capital 10 the stocking Of the route with boats
roads, whaIves &c, Sc, and have applied al OF It's
Gus contracts With avories high salaries to empisyes
and supsrnunersry o3cals-an OF whish diminished the
ostsnstle receipts and VAS to the ent Of the per
eentage robbery u this government. By this course
and the abandonment Of its proper and sole Issitats
business as transit route for the extended sphere
Francisco and systematic charge OF every possible
item q expense to the psthmus, the company havs
pro6 the credit OF the oeean steamers very
y the few books left at the various agencies In this coun
sthmus route extremely profitable aud and also that
nearly al Of the operations OF the In the
OF read. and eecls here have been Paa from the re.
fsstimony In the hands Of the commissioners affords some
astounding Seyelopsnents Of reasonable hue whrsin
Company figures quite .1tsnslysy In eonasstion With
Ssnor Msrcoeta Minister Of The ate serve soysrumsn
70 the 1nissd states There Is proof positive Of the at
vhon sen Of the secretary OF the Transit Company
acted In the capacity of lieutenant colonel who were
brought into this country ths boats and at the OK
penss Of the company and whose services together with
the Us Of number OF pieces of cannon, now the
steamer Ia Virgin. were offered BY formal conven-
Zion to the Servfie ChomorrA government.
The correspondence of Mr.. White with Judge
CORTLAND Cushing, agent OF the company at
vgir Bay also In the possession of the Conmissoners
and exhibits fine specimens Of that duphsy which has
chssacsrinsd the Intercourse Of the Transit Company
with this government Is tone through the entire
gsmut from the deep base Of naughty assurance and
everlasting insosnoefo the soft end plant notes Of
whipping applicant. These matters win srs long see
Light IN the report Of the Commisso ners when the AS
cessoFy Transit Company win End that although their
conduct necessarily unrebuked while this republic
struggling through that intestine war 80 hsppiiy
teminated yet now the day of rstribution has come
and The Inauguration Of new In the annals OF this
ard has been signaly marked BY . speedy termi-
nation Of the abuses Of the rrsnst Company by any
since he treaty which sssAbishsd the pre- ssut r
nd peaceful government. The company Of which Ed
aucorh Esq he grantee have arrangements made for
~ e. aSlishatnt o. rev foe Of steamers under
hi' ehatey and ia ofmei that the FIRST steam
~" ~ iur a4ys aIea .et The Atlantic and Pacific
- :" - y. - ",..s t5d may be xpsoted to
1'a..- - s,aI'y .-sA ssx. -sS-s NJ III N ASit l