The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1857-09-26

Great Contract with mr.. Escandon-A New
AalArsad % tho Pacinc-COnsslidatIOu or
lhs msxican Domestic Debt
Ignsco Comoafort, President Of the Mexican republic
10, &c. dssiring 70 give N impulse 10 ne great and I'm
poTtant work Of railroad from NE Gulf Of Mexico 70 tho
Pano, resolved 70 render 10 the work al the asssanos
that The sisuasion Of the public treasury win permit,
&c, &C., DEGREES - follows
Art Don Asono Eoandon hes an exclusive privilege
FOR the construction and working OF railroad from Vera
Cux Acapulco or shy other port he may select the
nsuao 70 that Of oucrssro rSs,s ,he sovernmspt
neers determine that railroad y imprastcable or 700
oostiv, comm q roads shall be built.
AT. q Don Antonio EscAndon may take advantage OF
the lakes and rivers the route and navigate them BY
steam or other she a. he may see ft.
Art The road shan ass through the cities OF Pueba,
QuereAro and Guadalajars, II practicable.
Art Don Antonio Escandon may construct branch
reads within radius OF 20 leagues
Art The land necessary for the construction Of the
road, offices, warehouses, workshops and dwelings
appersans to the government to be granted freo
the road TO be free OF all present future ducs taxes
contributions porisges and npoet for the term OF thirty
years The road not 10 be taxed in anyway for the term
VI MY years
Art. 7. The amount OF money that the grantee may ex
port free OF duty consequence OF tho exemptions the
70 imported from abroad according to estimates
retented to the government Toe grantee may also ex
port for the term Of twenty Ave free OF duty not
and capitalization abroad.
Art 5. Employees and Aborers to be exempt from mill.
Art Ali mines coal or salt BEDS mineral waters fos.
ss and oer RI ,terrsneous materials discovered 10 build
ing the road or III branches be the full property Of the
grantee.
Art 49, The line OF the road 10 be approved by the 60
vernment
Art IL The grantee 70 arrange the tariff for rampora
ton over the road
Art r. Tho grantee begin his works, hypothe eating
any sections To be bu but not to any foreign government
al ~ N nv thaNAt tha nPtula
Itself Without previous consent Of the government He
may form in Europe or America enc more ,anies
to carry cut the enterprise all disputes regarding
TO be decided by the courts OF Mexico
Art 3D. Prisoners condemned 70 public labor 10 be dedi
Gated 10 the work
Art IA Tho road ana oil IL establishments and appur.
tensnces 10 belong TO the shareholders forever
Art Ii. Ire present railroad from Vera Cruz to San
Juan TO be delivered 10 Don Antonio Efcandon Il shall
valued, and the amount shal De delivered In shares tao
same emitted 10 the public, TO the Minister OF Fomen.o
Art l6 Don Antonio Escsndon shall purchase the 20
venmeEt soch OF the zaid shares belong 10 It, for not
present.
~ OF $4,000.
Art IS me exploration of the line from Mexico TO Vera
Cruz to be made within eight month"; from there 10 the
Pacific after the cor cusion OF the st hrty Leagues
Art 49, The supreme government in order 10 facilitate
the construction OF the portion stipulated In the 18th Ar
Gle, will create consolidated fund OF the public debt
10 the amount Of eight millions OK dollars, represented by
bonds which ssa DC styled "Constructon Bonds OF hs
Railroad from Yea Cruz to Eexcon Thia fund
shall accrue an annual interest Of Eve per cent,
and the capital shall be redeemed In the term Of atty
years by ar ANIMAL redemption Of two Der cent The
bonds OF hs luna shsl be delivered to Don Anton,
Escandon, ~ owner OF the grant
Art 20. The supreme govern men soenlly obga!cs Il.
SELF that the payment OF the said interest Of go oent
and the redemption Of two PER cent Of the ta sha
ways DO oySily ASd full, paid, without c.ncr Of these
pay Ien beng ever s1bscsed TO any SUSPENSION
Ion, AIRY other alteration that may be decrcc1 regard
10 hc public debt and In order that this STIPULATION xT
be ce,tsa ana elective sppro pirate. and applies for the
c the roduc. OF the appropriation OF twenty per cen. OF
the yield OF the maritime customs, according 10 the ord
rsnce Of 2lat Of January 1885, SCI apart for msora i'm
provemenis and which forms portion o. the fun The
Minister OF FJeno. In virtue OF this application and
sp ropriacn the grantee or the railroad shal
from the maritime custom houses the said half which
to In no event. nor by kini n contract, diverted
by those payrg duties from the entcrpre OF the railroad
Communications shall be addressed TO the respective mari
time custom houses. containing this article Ia order that
In every case they shall proceed In conformity wi H.
AR a. seri annual se,,lerenh Of the amount received
By The grantee uncer the preceding articles 10 made
~ erc<s has been received shall be returned; II
cencu results The minister 81 she treasury give
erder .or M pa, men cot Of that portion Of the maritime
curtnnS proouc moi appropriated u ae hlader of Fo
merto, or any ether nAcnal ror me that IL agreeable
the grantee ~ In every even, 10 obligatory nson the
Won that the stipulated n.cres ANAL DC exactly paid and
tic annual redemption Of the capital nadc.
All 20 II not berg the purpose or he goveynmsn,
ths through the creation Of tho rev consolidated fuad,
Inc pablo acbt snAi be augmented 70 tn amount Of
Re doA the grantee OF ne road obligated 70 present
70 he geIera treasury IN order tha thcy may b. can
ceed bnds OF the pcrna debt 70 the value OF
the esni MILLIONS az dollars, Which viii be delivered to
treasury han be made witan Tho folio sing parodx--
Three millions ef dol as in all the ers year lS5s. aud
MILL In each Of The Subsequent years; oct the
tho hole esht ml,g tnal run asnts
he government from The time OF the delivery OF IN
bonds 10 Do1 Anopo E.ctndon The oogsioo oonta ned
this article ,h,h bs ytra5'esi 10 .ae satisfaction Of
Minister o! Fornenlc
Art % In addition the penalty tupulscd In the nth
article, Don Antonio E'candon shall lose lse grant and the
tgeoa frnd assigned for The payment Of interest ind re
eompion Ct Tie capital Of The ner boods
Arr. 81, The construction o. ine sections stipulated Ia
krre IL " conrcnce two months Alter the appro ys
the Inc BY the govern ntni Al least 4c0 persons " b
kept d work during tne egas months Of the dry seasou
And ne AsmoSr ntcsaaiy tor preservation and repairs
Az 2. Wren h.Ils completed the time, mode and
itfus Of construction Of the rcst 10 be Nranged
Art 20 The obligations Of The grantee /, 20 suspended
n f0r0 nojere comes uIon nn, any unfolscen event
which prevents their fahlmensklso In case OF tcspan.
Ton OF "a. nsnh br tnc gofunmeht
AT ~ Tie grantee o. the yosi 10 organise I've oorrt OF
serv;e and guard shlcn than enjoy ns privileges CT Tho
nat,ora revenue 1t mar sho establish . telegraph line
for INC service Of inc read the government oDs
70 copcece no privilege ibl1 may coolci sitn tals.
Art Is The suprerso government shall recsvc 70 por
CsrI Of TIE pronn Of the enterprise.
AT 20 Govern neri uoon, ssoros, &c 10 be hans
ported for tne tkf tie tari prccs
Art q, Tbs rslltoas o provide offences utse
Arl ST. ,hs supreme state sove pmsna 70 a 10 I'll
postibie al 70 the ebirpfiso
Art 81 thieves Of rails 80 ar obtrrctort OF The ROAD
nay be srressd By the Cad guard.
Art &c Tas privilege s71si lat, BY sale, ces.!,n or
hyfclheossn 70 asy freka ssyarnnens a. % 7siya.o
b. Tcthe~A,cn Without pfevoas c0uto9t on The govern
mont 50 hy falimenl o. articles IL and ~ out
'ha'cs Of the nJos may be NJ poineczied
Arr 80 Tho 40 nrsl solod evenl< In TIE gYeco5aE
article carry wtn them he penalties imposed 10 hueca II
ard -
Ar IS The company NAY oonv.ruc. whsrv ane store.
ntTe n Yea C4uT slso wharf fgr diiclargng mAshi.
ncry. rni may ,se l0cs motive Ia the civ.
Az 20 u itsn conslIuc. ptnsniia'y and hospital
IN the city Of eerco, within rx years 10 co not loss Than
one million of dollars For aid 70 tbs work the OF
The mob- fund II appropriated Ter that term
AIT 81. Nor nanoe via too preceding ay,i.lo In.
curr nne 81 s50,eco with cbhgs.lou 70 nEsh ihe eel
1Ct.
Ar g Provides for arbitrator Of doubts under This
corpset
Therefore drec, 10 be Published, circulated and FOL.
nlisd.
Given the National P,ltce, MEXICO, sln August, 1861.
ouR VERA cRuz CORRESPONDENCE.
vuA Carr, sc, 4, 1857.
Affairs IN Vera Crf-srty n TIE 0rnsy-lmrioan
DIPLOMACY in kszaoc-I'rayscs ~ Cup GEat-7ths
x.~d ~