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

| The Inssrocsanlc Rosatss-What are The Pros
| We publish elsewhere the new charter Of the
Louisiana Tehuantepec Company, and with it an
article from the New Orleans Dsltd, and letter
from correspondent explaining the past his
toy and present condition of the famous TIE.
huantepec project. From all of those docu-
ments it appears that the clouds which have
Obscured the prospects Of the Tehuantepec Com
pany are probably dispelled, and that oil the
rival interests which for the past couple of years
have defeated the practical objects of the scheme
by their contentious are now tremendously
blended into one concern. The Garsy and Sloo
grants, and the Hargous, Falconett and La Sore
interests are all possessed and embodied in the
Louisiana Tehuantepec Company" just organ
lied at New Orleans So it is said.
1t is therefore not Utopian to hope that some
practical step may shortly be taken to turn the
grants to good account and open the route to
actual travel We hear already that arrange
ments have been made or are in progress for the
establishment Of line of mail coaches from the
Atlantic to the Pacific terminus of the route and
likewise of contracts with eminent steamship
owners for lines of steamers to connect in either
ocean. The eminent advantages of the Tehuau-
tepec route will indeed justify considerable
outlay of capital in throwing it open to
commerce; we trust that now that peace
and harmony have succeeded quarreis and
euicidal contentious the gentlemen who control
the scheme will not allow it to be wrecked on
that great peril for incorporated companies, in
adequate financial arrangements.
simultaneously with this consideration Of in
terests we hear that the republic of Costa RIGA
has granted the interoce mic right of way by the
river San Juan to company of which Webster
was principal or the principal representative in
Central America II is stated that the present
government Of Nicaragua has concurred in the
grant; this however is denied by persons claiming
to be well informed, who assert that some time
since the government Of Nicaragua conceded the
grant to "a party Of gentlemen in this city
Commodore Vanderbilt and his friends, we pre-
sumo. II is likely that this route will not be
opened until these rival interests are consolidated
or fight ii out till the extinction of one or the
other; the government of Nicaragua. should it
avoid new flibustcriug schemes, Will, like the
lady in The old story, sit by quietly to see which
whips.
| Further North, the Honduras Railroad enter
prise is progressing with commendable vigcr
One hundred intelligent Anglo-Saxons are on the
spot, directing the labors of The inferior RACES;
and, up to this time, nothing has occurred to in
jure the prospects or dim the hopes of the com
pany This line of interoceanic communication
will naturally be one Of the most important; no
other has go good harbors on both oceans.
In New Granada the Panama Railroad is in
Of the United States for indemnity for the April
massacre, is one of the least complicated On
more than one occasion hostilities with New Ora
NADIA have hardly been avoided; though, now,
the best information from Washington promises
a satisfactory solution of the difficulties through
the agency of Mr.. Herran.
Finally, the government Of this country, as is
known, have appropriated $4,000 Cor further
surveys Of the Isthmus of Darien, WITH a view to
make another final attempt to discover way
across that inconvenient belt of land.
These are the projects and enterprises by which
it is now proposed to cross from the Atlantic 10
the Pacific.
They may all be said to be feasible-some
more 20 than others, but all sufficiently so for
prudent men to invest their money in them 50
long as they are in the hands Of honest managers
IN the course of the next four or five years il is
likely that all Of them will he in successful epe-
ration, from the Tehuantepec to the Daricn route:
the Honduras Railroad, which is sustained by
English capital will be ready before then, and
will probably prove most serious rival to the
Panama line.
There is reason to believe that these routes
may all be opened without interference or trou-
BILE from Great Britain There was u time when
the acquisition Of such power on the Isthmus az
the opening Of these lines will confer on their
owners, might have led to angry disputes be-
tween this country ADD Englsnd; now, we sus-
pect Great Britain will have enough to do to al
tend TO India for the next year or two, leaving
Central America to our charge. Especially since
Lord Palmcrston has pronounced his opposition
to the Susz canal, will II prove necessary TOR
England to leave 10 competent parties the duty
OF opening right Of way which will be Of the
highest service To her in communicating with In.
dia II is no LEES her interest than ours that all
theee roads should be opened without any unue-
cessary delay and that the two oceans should be
brought frcqueatly together
One hint we may give to the projectors aud
proPrietors Of ocean routes Let them have as
few dealings with The Spanish-American govern.
men.s as they can; and in their contracts let
them leave as little room for cavl and dispute as
possible For instance, there should be no con-
tract on tho part Of the companies TO pay to the
governments per centage on their business or any
part Of it; such covenants can lead to nothing
but trouble. The companies should agree to pay
so much money twice or four times year to the
governments; and the sum shoud be scrupulous-