The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1856-08-12

Lne Tcnuantspsc R0ute-Another SNtse.
TO THE EcI-oE OF THE HERALD
NEW YoRx, Aug. IL, 1855.
As yor have copied from the New Orleans RcGIuae an
editorial article in regard to the TeauAnsepec transit ami
aso circular Of Mr. walter Hicol styling himselr Pre-.
sdent Of the Tehuants9ec Company in which circular
he has made use Of my Neither warranted by
courtesy ror justice duty to myself Induces to depart
from my usual silence upon shc subject and duty to
the public compes me 70 make important correc
tions In the editorial ands.stement referred to.
After the unjust rerudlaton Of the Garay grant Of
which an the holder the MEXICAN govcrnmen granted
the same right Of way to certain Mexican and American
parties under the name o. the Mixed Sioo Company.
The frat condition of tsis grant was that the grantees
should pay into the Mexican weury sum OF six hun
dred thousand dollars, by certain stipulated instamens
Unable 10 pay this bonu5sr crA the grantees arranged
with Mr.. T. dc etbas the latter should pay
required amount into tAe treasury upon the conditions
set forth in the Iollows1g extracts from the article
agreement between the pas Of date the lth February
1858 -
Article Mr. de racosi shan pay in Mexico the 5000 oce
which the Mixed Company has deliver supreme 70
Se ss & sss p ns ON s
Mr. Is se T daw Sp % a Of S ss or ss Which
the order o. the said Faconas at " and " days sight fr
Arce If by some evsns such as may happen and can
~ no &c sa a. s ss 90 s S. srs
agens q Mixed Company pledge especially aud expressly
s cpsas ne & g
X q = sssssa and s,.s Ss bona
no q s sl % * S
shah % Pai e. s n s.s q T a : esssa,s
Z this @ and i equally ssp eS the ~ L u laos
ss present of '1g oS q NJ g. s so
or ss e snd Il. az s gses 81 % ne
which may not be paid panclualy wen for tho ey
snss s aud re herson costs and expenses Se
edg,d e him without recourse % he tribunals IN ths
Sss aa S Ssr yseSs n any judicial tg%s =
represent being any action whichever Ia oppo
z IL sif sas ss most Sp .@e s Ss
SScnse hey sSS ,he%sesss s ssa Ss. IN 'paoe ss
present pain Of suiIy they should do the con
uary. N. PAYNo,
j. PEsADo,
Dated NsrIco Feb. 10, 1853 u De FALcoSSEr
Before Mr. Faconnet could be justified In entering upou
hs agrecmen, the consent Of the government Of Mexico
was necessary according 10 the terms OF the grant, II
roarles orrcr,
have received the note which wrote 70 ay ard
The Mixed Company which you represent aud which
ys for gsa E H. q aese
q hs edsei with ihe supreme government As far ss
sS 'sssss 3 sEs ss
time of the paymsni o. Zoe Oils and Of tbe saaeea
ton of The deed OF pledge,
Eitssney lie frssisn ~ % o. S% rspusr Ia. 2sea
ensy has ordered me 70 inform You q his approval which
" ARROYO,
M, rArso nTs MTs = o. rTsDo a. And ss
tepec. - = 'SA'AA
Having thus obtained formal and absolute hypo,hs
cation OF the grant sk Faconnet paid into the Mexican
treasury the stipulated bonus $500 600 and ,ooS the re
ceipi Of the proper authority lor the same The bills
mentioned In the agreement collateral security with
the mortgage Of the grant, drawn and Delivered IN ac
coTdsnce with the agreement They not paid in whole
n ~s par .os os ns scs Iasy arc
and costs and amounting TO more than million dol
lars upon the maturity and non psymen, Of these bills
the tight Of Mr falconne accrued 10 demand repayment
OF this money the transfer 10 himself Of the grant
which bad been pledged FOR its ADVANCE Because the
ment authorized Mr. Faconne, 10 como ueon al t6at =
pledged 10 him without recourse 10 The tribunals In the
way he msy thnh proper and because they had aV,hort
"a him IL the came instrument 10 sell 10 the highest bid
Der tha, may ofcr without any judicial sormalty aud
10 adudicate 10 himself and because the parties
any rsh 10 maintain any action whatever IN opposition
thereto.
Mr. Falconnei on the non payment Of the bin. sought
70 make the mortgaged property available. Nothwith.
standing hs efforts htwever to obtain reimburscmeEt
from others and ro.withstandng that the grantees them
selves made every endeaEor u se the contract in the
United States aud Europe subject 10 the mortgage they
were Unable 70 effect sale or 10 make payment Mr.
Feconnet therefore determined 10 lake the contract hn.
SELF o. the only accessible indemnity on accoun, OF his
advance This be hal right 70 10 Under the terms OF
he morigage as have shown. To confirm this act the
approval 81 the Mexican government deemed proper
ard he accordingly requested that government by letter
* he - o june 1853 10 acknowledge him AZ the rxh
lii owner of the contract.
To this letter he received reply and afer stii for.
the effort 10 effect sale Of the contract by al tho p,r
tics interested Mr.. Falconnet again On the 81 OF July
1858. requested the Mexican government 10 acknow
MIN the owner Of the grant This letic- was also IN
answered. subsequently, Mr. Faconnet, with view 10
lis endorsement made sale OF the contract 10 the
undersgned and engaged upon his part 70 procure the
approval OF the Mexican government aud upon the sth
o. August 1858 he again advised the supreme govern.
ncni that be had elected 10 take the contract
Of bis advances. and that he hal cold 10 the under
eminent OF Mexico returned the following answer b. yr.
Faoonnets several applications
SECTION 5.
fvrrRIoR, cotcyIz4rfoS, INDUSTRY ANp
Ills exceency the Minister OF F0relen Relations has been
pleased transmit 10 this oce the communication which You
directed 20 him under date Of sch instant accompanying
copies Of those which you had previously sent 70 ne same N
the Of Francis De n Fsconne asking that hs person
snod be acknow edged Of A q. soo ~ TIE
of the privilege Tor the nter0ceant comrsrca
ors acros the istnus Of Tehusnepec because ttr time
had arrived provided for IN ne Second clause q ne deed
signed IN mis- city on the lrh February 1883 by The
powered aornies of the company and the sed Mr.
net he having been paid the tsoW which he hal ai
vauccd 70 the supreme government pursuant 70 e sad
o informed : rxcellency the Presden. az q,
,arSa In cabinet council of your said of sh
with ,hose on the suhiec Of June isss Feb ~
rresens ~ and with that Of the sh August ins, Last IA
whch Ssaed Mr rsiconne, had traasferre8 III !
rghisss sA4 ALA " ~ I. sss:ss " NsN gss<. Sa4