The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1856-08-07

from the New Orlesns ncayune, July 90
The 1ehuanepec Company OF this city have issued the
following interesting statement Of the condition prospects
and value OF this great work.
II much needed for the information Of the public.
The interest this route revived with great force and
the circumstances OF the country give 1t additional al
traction.
We have been almost on the verge Of war with Great
Britain Of which the real Ii the struggle for free
transit the ls,hmus communication not subject
he Atlantic and the Pacific States OF the Union. The
siairs OF Central America which so much perpex our
with foreign nations that war at several times, has
been thought TO be imminent concern Va mainly because
through these States lie the chief routes by which las
been supposed that the commerce OF the world could be
made pass from ocean 10 The United States
as the dominant power on this continent, with
an immense commerce in both hemispheres.
seeking vent by this channel requiring as political
necessity quick and safe conmur cation between It's
own parts, would not consent that any European nation
should have influence or military stations By which II
can block up the way or control the passage through IN
either direction.
acutes brought on by our efforts 10 abolish the prefo
mnance OF England in the Caribbean and secure, by
compact with her the neutrality OF the lsthmus routes
The best settlement which be expected amounts only
TO a truce-a mutual agreement 10 abstain from mono
poly or interference but u obvious that oil such agree
ments however permanent they may be In their terms
have In them the elements OF instability and subject
10 changes and chances which depend the caprice Of
either government, or the changing circumstance. and
hunor Of the states Of the isthmus through which the
guaranteed routes must pass The distance from our
borders Of The Arrest d tnese routes adds to the burden
Of the uncertainty which must always exist in regard
the management Of these transit routes, and the good
iath with which the pledged neutrality 1 observed: aud
costly establishment a naval observation must always
he kept up. n these the best the only routes
these burdens would be cheeriuly borne With for
transit free AMI al all tines 70 the citizens fhe
United sta,es must be maintained at all hazards and
cos,-amost condition Of the cohereace together u
the Atlantic and Pacific state Of the Union.
The route via Tehuantepec droscs OF great many Of
these political embarrasments andfases the substance
out Of the quarres with England about the Central Anne
ican routes Securing the Tehuante pee line and opening
n DAD w
We had in defeating the British attempt monopoly be
low and The ri,sf lost the irduceren 10 psist upon
keeping points which only useful to her for mill.
tary and naval stations 10 command the termn Of the
inter.oceanic canals or railroads. The dispute will
thus have lost ~ importance. and there can be no
difficulty In compromising details that have real sig
Indication II people turn their eyes and their later
csn-they will 90 the straight and short way prevent
Great Britain from caring any more about her preten
sions from entertaining any designs 70 our prejudice
At Nicaragua or Panama or any other projected transit
route.
The political advantage is rcsul,au, upon the intrinsic
supe 1oriy OF the route all others for the general
comm cree Of the world and It's peculiar and in nense
value 10 the United states. These views very well
and lucdy expressed the circular which we copy be-
low and 10 which invite the attention Of our readers
Those who have any special interest in New Orleans who
desire It's prosperity, and wish 10 see rapidly and
largely trade, population and wealth will hnd ia these
states ample inducements 70 put their hands the
work, and assist, By their means, In bringing Il 10
pubic combines such great promise Of public benefits,
with such prospects Of profit to the capitalists who shall
take II in hand;
CIRCULAR.
NEw OmraSs, July a 1855
SIR-The Tehuantepec Company, established n New
Orleans the right OF way the Isthmus OF re
busntepec granted by the government Of Mexico on the
th Of February, 1858, well the exclusive nsviga
ion OF the Coetzacoalcos river.
This grant recognized and protected by the govern.
ment Of the United states in the eighth article Of the
Gadsden treaty, ratified on The 3Oth Of June 1854
The value Of this recognition may DO est mated by the
following extract from letter from Hon A. Dudley Mann
late Assistant Secretary state 10 he writer dated Ion
DON October g. 1871 the road shall be made the re-
oanon Of the route by Tie government Of the United
tates will be Of incscuable value Such recognition
could not be obtained again for any consideration.
Neither the Executive nor the senate could be Influenced
70 give lie assent 10 H. and without the contract would
be comparatively worthless as " manifest 10 the in
stance OF tie Garay grant Mexico IL restrained by
Obligations which IL would be worth her peace 10 dis
regard, 10 repudiate the Sloo contract, while she
abrogaed with i'm ,unity that OF Garay The Sloo
contract s therefore, the only one that Is likely ever
could be enforced in Mexico. The United States gov
erpment most assuredv will never commit itself TO
another. Indeed ls poncy with respect American
citizens engaged 10 enterprises trade foreign
tries almost certain 10 be different from what has
been heretofore Those who establish themselves abroad
In business pursuits must look 10 the tribunals OF the
country which they are located for redress they
employ their capital in developing the resources and
ributng the wealth OF that country 10 this view Of
the matter the sloo contract Is worth millions Of dollars
1 because il Is protected By the United states"
"A mere glance athe map will convince the most scep
teal that the Tehuantepec route must nand all the
commerce the Pacific Orean With Tie lltei states ani
g4rNwx L. 49,.