The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1858-06-18

IN NV IOhA dE1-ALD,
put sn eud 10 the dissensious which have heretofore
dvided them, and the uncertain position IN which oens-A
or Nicaragua and Costa Rcs agreed 20
bnd themselves in common (solidaSemewt) for he
Nicaragua to an International company, which NJ Felix
Belly and p. N. MGaud, Of Paris, propose 70 form on
the broadcast basis, and without distinction OF nations
this concession Is 10 contain In its provisions
the seu Of several political and economical matters
of great importance for the Of Costa Rsa and
SPECIAL proof q he esssm which bis s1ersioos have
acquired for him Central America the SUPREME
cais o. the have resolved 70 sI BY
stts forth their reciprocal engagements.
Wherefore between the undersigned, his Excelency
of kSarsgua- and bis Exceency Captain General Don
Juan RAJ asl kora Pesdent Of the Republic OF Costa RIGA,
zoe .nd a. a.
jd,e scsiDg veil in his pane ~ In that or NM. P.
NJ Ehaud and Co., OF Paris Cbs powers having been
agreed to- which sha be henceforih the law for all the
parties ratification by the Congress OF Costa RIGA
AIT J. The two governments Of Ncaragus and Costa
Rca grant 70 MN. Felix Belly and p N. Millaud
elusive privilege Tor the execution and working OF
efdictDg Themselves from any uteIior concession Of
csnss tho territory Of the two republics pending tho du
aUa Te Prv.sse ss az T S a a. WV
Belly and p T. hinsud will be for 90 years nom the
date Of the opening Of tie canal.
Art. The grantees will bave the right 70 choose the
line which their engineers may judge the most advan-
sgeous anc most practicable provided the said line
Gepds ;ns river San Juan in all s length crosses the
two extreme points OF So mas and Realejo.
Art 4. In the line beginning with the mouth OF
the Scpcs on Lake Nicaragua and issuing in the Bay OF
Sanas the Pacific, be recognized practicable by tho
Leers, this line will be chosen in preference by the
~ x q is sDs
the tednve limit Of the two States Of Nicaragua AMI
Costa Rca Should the contrary be the case the limit will
remain o. II now is saving Interior arrangements.
Art There Is ACCORDED to the grantees their pro-
pery Of hch they may take possession the
works begun French league OF land each side OF
the line OF the canal to whichever Of the States the
territory belongs with the obligation TO the grantees to
make the survey, measurement and limitation, 1t their
own expense, Of this double strip Of four hometers in
!epeth
Art g. For tbespssssge Of the Lake Of Nicaragua the
shortest course shall be considered Of the sides Of
the course Of the canal and from that will become the
property Of the eYatees 10 the extent Of French league
and surface equal that curve will be granted to them
tho other SIDE either in the Isles or on the border OF
the lake. at their choice provided those lands belong
to the State.
Art I. All the mines of coal, gold silver. and every
.nd w On sa sSe On OF Se
diicu specified in ibs laws relating to mines in the
country. .
8. In return fer the advantages he grantees uu
dertske without subsidy all the Of the Constructions
panterar ce and working Of the interoceanic cana:
Art Moreover, eight per cent Of thesgross revenue u
tee EcrkiDg Will be applied IN equal portions
cent for each pending the continuance Of the concession
to the treasures Of the two republics Of Nicaragua and
AIT 10 Thetwo contracting States guarantee in common
the grantees their sgents and their property, against
every attack exterra INTERNAL under the penalty
esnsges be exsd by arbitration and to be paid out OF
the eight per cent applicable to the treasures
Art IL. The port which vii the two heads OF
the canal en- the Pacific end Atlantic from this day
forward declared free ports and they will enjoy for
all the immuntIes me ant by that title
Art II lighthouse OF the first order shall be erected
canal six tbs before the date Of it's opening in order
that the declaration TO that effect may be made the
commerce Of the world in due time But the two repub
lies demand IT, the Company will undertake the erection
CT those lighthouses compensation Afterwards from
the eight per cent applicable to the treasures.
tie canal shall be opened on the same te 10 ali s and
that Uniform tar the most moderate possible shall be
imposed eq,oHy all merchondise, from chdter part
proceeds This tor Is fired OF ten per cent per
hue ton, 600 ogrammes) and at sisy francs each
person. The company can never increase II, but IL
Of the trade world be not opposed in this re-
spect 10 its own interests
Art IA As special measure all ships belonging to the
company hdring ottdfned the grant uhover DC their fog,
li o1ing ten enjoy free possd9e prorded they do
net carry any merchandise for erporfodon
whatever fer twenty years on the lands buildings, pr
va'e agricultural produce, any Of the marel OF
Art Is The grantees are authorized to b. the RIO Co.
ado snd to execute general the river San Juan,
on its brsnches its continents and m tributaries, well
enbaDk dredging &C. their engineers may con.
slider necessary TO maintain the level OF the canal
pose on merchants such regulations Of order and public
Standardization as may think proper 10 publish for the
good OF the service provided that the sovereign rights OF
the States OF Nicaragua and Costa Rcs do not suffer any
injury
Art Is order 10 meet all the requirements or s in
led purposes the shall be constructed Of such
dierens that will be accessible to the largest SHIPS
ana s width permit those shps to pass each other with
out collision.
70 -, d.too
instru period OF two years accorded the
pany 10 ccmmeLce its works and Elk years for their
plee unless events These
periods moreover may be a. any time EXTENDED.
Art 20. Az " lust that the two governments or Mica
rseus sro Costa ca should be represented IN the Board
Of Directors 81 the company the Ministers OF these two
states Socredted in Paris eba be by right members o,
this council erjoy all tho advantages attached TO that
tten, with the eqoepuon that they can have but one
vote.
Ar, e. From the date of tho payment Of the first half
yearly osaiu ent Of the portion OF The profits reserved
Tor the tWo States of Nicaragua and Costa Rce all
POLY serving 10 constitute financial eha
In there states and hereafter be established
ether the produce Of the country any branch of
commerce or manufactures war stores excepted
Art D. For The entire duration Of the concession OF the
osra the customs duties at The entry and outlet cannot
crceed three cent on the vaue OF the merchandise
Art 90 The contractors engage reoiprocslly 10 imme
ostey sko the ptcesssry steps With the governments OF
France Great Britain, and The United states, tbs, the
neutrality the shall be guaranteed by those three
Powers, tie bass established In the Clayton Bal~er
uesiy.
All "a AZ Iopg ss this guarantee shall not have been
officially declared By the publication Of the treaty 10 be
concluded for ihst purpose the entrance 10 the canal
sbs be vigorously closed 70 al ships Of war, and the
states rs banks may adopt, In with the
psby srcb they may consider necessary 10
cause such nterdicucn 10 be respected.
Art Is As the neutrality OF the canal shaIl be
solempy euArsn ed by Act sng from OF the
goverbmsn s ~ France, Great Britain, the United
States the entrance may be permitted 10 ships Of by
an unsppous cecisrson OF these three Powers provided
the Of Nicaragua and Costa Rca put OPP
position 10 H. and saving previous regulation with the
company erioyira the concession
art 26 As On EXCEPTIONAL measure, and In order 10
protect the interests and responsibility OF company
whose direction " entirely Fepch, he French oorvnmert
u hors right 90 kccp fico ships II Stationed n the
caies # the canal OF IN tAe Lake a Nicaragua for u,
tire duroficn n ne trorks.
Art q. Every civil difference relative 70 the execution
o. this convention shall be sovereignty judged by q per-
manent commission composed OF two arbrators chosen
by the company, OF magistrate appointed by esch Of the