The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1857-11-22

states government by means of treaty VIII
nicaragua That there might be question OF
hheir exclusive right under their grant to establish and
use the Transit they entered into convention with Mr.
Ysar the Nicaraguan Minister the 10th OF June last
ny which their original grant recognized and amended
The amendments providedrst that the construction or
the canal Is dispensed with second, that the company
shall within two years build the railroad from Virgin Bay
20 San Juan del Sur distance of twelve miles and thirty
chains; third that they shall establish good lines of
steamboats, on the river San Juan and the Lake of
Nicaragua and good lines Of steamboats, the Atlantic
and Pacific This convention sent to Ncara-
qua by Mr. Paraga the 10th Of June last on the
9th day Of July formally confirmed and ratified by
Hhe government Of Nicaragua, and sent by Mr..
Paraga TO Mr. Yrrisari who delivered 1t to tho company
On the 26th day OF October last
Tho object Of the treaty which has just been made
signed yesterday was the Eoeciion Of this route
and company. The treaty itssk aDcs name specia
cay any company but provides r the protection Of any
the validity OF tho grant left to Nicaragua alone She
has decided by the Convention OF the 10th of june
nrmed and ratified by her the 27th July In addition
M Yrrisari has this day notified the government OF
tho United States in writing that the American Pacific
Ship Canal Company has, and is tho only company that
has, such valid claim or grant The question therefore
as to what company the protection the United States
shall be extended is dehnitively settled, since Mica
ragua has the right alone 10 determine that question: and
mas officially determined IL.
am not at liberty TO give more than few items
say that the transit the sthmus established
by the company Is To be kept open and free from all
interference from any quarter whatsoever, whether
from natives fibusters. To secure these ends
The United States government Is bound whenever II may
BIO necessary TO place its troops the thmus and to
withdraw them when the invasion OF the route all dan
ger Of invasion shall In this protection Nicaragua
il also Operate The sovereignty Of Nicaragua
the entire river and lake is distinctly asserted Thus IL
will be that the pretensions of Costa RIGA and her
grantees ignored and Costa RIGA will be compelled TO
abandon her possession of the river or her posts it,
The treaty however, to Nicaragua right TO
cede TO Costa RIGA the privilege Of navigating the river for
the purpose Of Transporting her products and people.
Mr.. Yrrsar has full power and is willing to make the
treaty with England and France that has just been
completed with the United States There is doubt that
through Lord Napier and Sir Gore Ouseey who is here
similar treaty will be made
After the expulsion Of Walker from Nicaragua Costa
RIGA claimed the transit by right Of conquest strange
claim, when is considered that Costa RIGA fought with
Nicaragua her ally, and not against her her enemy
She sent two commissioners, Anderson and Webster
to New York to dispose of the transit privileges They
soon quarreled Vanderbilt recognized the right of Costa
Rca by conquest and sent Anderson down that State
procure grant for himself and offered large of
money therefor Charles Morgan sent Webster and his
son law, Harris also to Costa Rca procure grant
for himself His agents having outbd Vanderblts agent,
Morgan procured the grant from Costa Rca and shortly
thereafter learned that the title by conquest worth
less and that neither the United States England
Cognzed any right Of jurisdiction the transit Thus
il will be seen, that the commodores completely wiped
out