The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1857-08-17

70 hsve drna With resolutions and ussiess defamation
sss sou ms, aooys M win ana s .ns in he
1sAbeSaioss OF The Old Point O,mfor Convention; and
ysa NAY, moreover, segArd Nils Knoxville As.smb~se -
ushsns soUcHs8NER
THE NEW TEHUAHTEPEC COMPANY.
,o~oo~~oooooooonor>u,
ukssoh or the Enterprise 1ssOluti0n Of the
ma LoDccrns-Organizatio of q Sew Conn
&c., &c., Sc.
TEm GKANT-How AND BY WHOM OBTAINED, AND ITS
PRESENT FIX.
The EDITOR OF THE HERALD
MANOR WIN D. LIE SITS rHs BALI N NOTION.
n TIE winter Of 1852 8, VIM D. Lee then In Mexico on
sua buaipess Geo. Law learned that previous grant,
mowa the Garay grant, had died Of old age. Lee
hsnedasey advised his principal QAw,) how matters
soed bu Law declined II tho time having anything 70 DO
WIN We matter.
COL A. @. HOO GOES 10 MlxIoo.
Col A. G. Soo At that time In New Orleans, snuffs the
gden breeze and the necessary funds could
rAsed defray expenses drives Mexico, whore he
asds Major Lee, md they have . ooosultaaen.
SIMON DRAPER co. HAvs AN AGENT nIxRs
Lac advises The removal OF the agen! OF Draper
pay $780, hich promise sill considered good.
Ncssrs. Garay Hsfgous, Manning, Mcintosh, BENJAMIN,
no ell that sort Of people considered at that time By Oo
Ssoo quite dead, far ehusntepec concerned
nAsoG Ike ACCEPTS OF PowxRs or ATTORNEY yRoM NAN or
WEALTH
Osenel Hl0o Lee powers Of attorney 10 act for him
N the mater Of Tehuantapeo and returned 10 New Or
ha9 when lively CORES ,ondence followed the burthsn
n % ns par, Ss q se0 @ The word
% mLoH or DoiIARs READY IH soon AZ THE GRANT Is
snouRED.
Major Lee acting upon soo's letters Of instruction plies
htscn 10 the difficult TASK, and after lengthy negotiation
Ssscseded In obtaining sbe long coveted document upon
Ne best 70 ms possible II 10 called mixed comp any
WY proper title
wHAr THE GRANT COST, AND WHO MONEY.
IN hundred thourAnd dollars in money must RAISED
b sA Aexioo for this huge grant, Major Ice set about
u good faith 70 raise the money, and SAFELY concluded
naa nis principal ~ Nsw Orleans bad that million In
saans sx hundred thousand dollars would be paid in
~.
un Draws pAIyIs ON ooL Aoo AND GETS THEM oAsHED
hstr Lee nak's drafts on Col soo for al! nun fred
nss and DOLLARS and the exhibit Of bis letters
ps~en OF ney, Mr. Falconea banking sgen, Dashed
h drss but before doing hs the precautou Of
dsouInens that of drafts beiag dshon
thaa the grant, franchbe, all and Singular OF .hao
name ~ Sna n Of S o ne gov
housand ooiars should belong 70 h n, Falconett rns
document was duly executed 70 Facouo {, suosequep ty
aasened TO- and now In the possesson Of tue hessrs
HArgous.
AID TIE DRAFTS wKRs Rlyusep AoCEPrASCz-NKvsR PAID
IIe had exceeded hs instructors II 20, Why did b, per
III, add Thy does he still persist 10 declaring hmsef
1.au.n spoc; Inc dodge e. siS9 hAa tho
ksxico ssisned With the money; but quite
sGhsr Affair with Lee and faconett
MAJOR LEE In LIMBO.
On the return Of the pr.tesed DIR As, Leo arresed
nd held In until by proofs Of his compoiy
ny "maierial aid howeve, ON tas millionaire sioo
FOLLOWERS RASols0 DOORS OF LouraASA
iesliArcRa A CHARrnR
We havc up 20 this tame how much money Colonel
30 had paid for Tehuant -pec out with modcssy quite
Nsossng gen,lemea enlarged ambition be work,
md sure enough, charter d forthwith =. hand.
THEY onaAsus-oo COL A. @ President.
The capital Of mammoth enterprise down ct
IN nnGns Of dollars; one half belongs to COL Bloc and
m assocA which 1t par value makes quite snug sum
~ a limited capital nay not be iup-oper horc 10
sssd.
opa. MOO LOOKING soR oArrrAL AND ooxrRAorons-
THIS huge enterprise has length assumed . shape II
- substance, which with good title and . thin oefu
q y~soAi sense ooold DO carried TO fulnms mt forth Ito
- Ing minus OF both those essential qualities, neither
ptta nor could be found under admins
Rssssa Of Dol sloo. The company. however, wero no
~ ne Mexican mail had been distributed before their ar
Fivsl rhey aa siege 70 Boston upon the sams errand,
ssd With Ike success Commodore Vanderbilt did MOI
esoaPe their inportuniues All attended with the sane
rsoubs. No would take the bait
COL syxE cnyyRAr.
ne ume years out o. the foar for The completion OF
Ne Wheel road had exred somebody nust be found
b DO something Mr.. ~ kes, OF sheffield, Induced
y look into The affair through the naaeeoe OF three gen
sook for the perfornar OF that honaraoe service Al
lnoueh WAS ,ait that contract msoo With Skies
u
Isthmus OF Tenuantepeo never enssroi per.
fccted although sykes went down upon the Ifhmus and
kssueel holds The 1ing amount Of two millions Of
cor sroo srrrsxprp ~ THE prruprscr
The friencs OF the work. VINO had inves cd tne money
- keep The thing alive, seerg that nothing could be done
wxb CsL soo oesecohed him and organize
10 proposition he ssscned bot nmedl.iely upon his
ressrems he commenced NJ cfcrmIraio upon tao
organization and declared that he would .rap Tchu
sssepeo .oSnd him And sink TO the danes
vorced from bis lat and only love, rehusntspeo.
vessi,ous and ,nbsrrAssins quits have bcen brought
ne character OF the whole, viz for tho ery OF
NJ SIX hundred thousand dollars and interest which
paid by Faconcu for tho bonus
rHs LSsuAL APRIL
Al the election lsst Api, ooonel Soo msrshalei
III forcecs fjr the Presidency, b, was defeated, and
kis lie scrc elesicd, with directory who Claim the
credit tf saving The grant and who are sborng 70
eonp,e,e the work, sna rsy Mr. FalcoDeti bis duet
ooao"sn aoo AND Hn ArroRsu AT uAsnsanSs FOE A
CONTRACT.
me Pou ofaoe Department has been beseged for
R>os 70 the mail scroes fchusnsepe,, In order 70
commit the COVE nnept 10 Tho scho and thereby rssc
. credit and prosccuon for future operations
ruU LAT rzns onsvarcrs nnons is Fsngpru ev rms
UNITED STATES.
nr. Buchanan inquiries what rishu they paid for,
end dhmnep them with the maxim ,hs' honesty "a the
eest policy that aid or counteu 400 would 20 crtondo
Sscss-sed ""''A' UNA" VIGIL ''"s'''A' "''' '''' ''
Nov view OF all tbess complications what to be d,pe9
Nat "a going N compssiuu under his dre,ion and
vah bis monc-. The Nev o-Isans company claims tia,
ss esy oampy recognizes SS he n..oIn
rhaa The route one The greatest importance 70 this
country II admitted by ali.
rNere has been delay and humbunKsnr euoush about
ruhuansepeo and nigh limo that he administration took
NE sub,ec In hand and make treaty With MEXICO
the uAns pay those have expend-
ID their money 10 good faith, and the work 10 men
who are posscssed Of both money and brains. sELAa
SHI DISSOLUTION or THE OLD COMPANY AND az
COMBINATION ON NEW BASIS.
IRON the New Orleans Della, Augnt61
Al Last the difficulties and pcrpiexiues which lang en-
uubered the enterprise OF constructing wagon way and
rr,Iroad over the Istmus OF Tehuantspec sccm 70 no
q On end The Gsrsy and sloo grants consolidated
he Harsous and Taloonnct nterests and the equitable
sehts and claims OF he New Orleans capitalists who
~, otened We Tseuauepec transit, are reooucsd 70
esaher and all combined d harmonzed 10 We Char
n Of The new com any ented the "Louis'sua rehuan-
tepcc Company dated the aoih Of July, which will be
fpupd eee y here In our coiu ms.
n vhoee insubssana ooxpse buried 90 NE Son OF
JAY was no company II all; IL had no valid grant ~
- s-ss~~ ~ M