The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1858-05-01

The Rival CandAasteS -COnvonsson between,
Yyisassi and Joe Whits--rhe Washi"gtoa

Yyiaassi and Joe Whit~--r The Washiogsoa
Lobby Trsnsfsrrsd 70 Nicaragua, u.s., &c.
A much interest Is felt % 70 Who s 20 have the priv
lego Of YesuDE the Transit route the Ish mus from
The Atlantic the Pacific AZ ilssmach az there are seve
raj parties who claim has they the fortunate posses
sors Of The contract therefor have endeavorsd 70 car
fy ,hs matter lkae by obtaining al tie Information we
could gather from which might bs presumed re-
bls and therefore give history Of the affair which
We suppose may be true.
seems tia. the lobby system Of Washington With all rs
agencies Influences and appliances have been transferred
10 the capital Of Nicaragua Of The annexation Of
that republic 70 the United States
On the 22d September 1s4o the Congress sf Nicaragua
ratified be charter Of the "Amerean Atlantic and Pacific
Ship CAaal Company authorizing them 70 construct
ship canal railroad the k.bmus. In the follow
ing month OF August amendments and notifications
made and ratified This charter provided that the
canal should be Of such dimensions may be necessary
for vessels Of all Sizes but another article provided thai
II any natural obstacle mtsrvened that the company
might construct q railroad and water communication be-
tween tho two sceans, within the period stipulated
fer buiIdrs the canal Twelve years. and subject the
same terms conditions, regulations and restrictions II
found npfaotcabe 70 construct the canal In
quence the want Of suhoency OF water in Lake N'ca
rsgua vessels for instance, those In the East In
da trade draw thirty feet water which would
quire depth Of canal Of about forty feet.
cauon while the chip canal being
oonsu csed the NcaraguAn government authorized the
Ship Canal Company, then represented by Josepn l.
White to divide and separate from the contract OF 1919
all the powers privileges, rights and duties not essential
TO the construction or use Of the ship canal and also 70
for m a new company composed OF the members OF
the former called the Accessory Transit Company"
The charter creating this company was ratified Granada
the l4th Of August 1851 by Fruo ChAmorro, Aateo
bayoygs, and Joseph White This the origin Of
TIE TT ans Company whose operations KIN cked into
smash by Walker and his hbusters Since the defeat Of
conuactfor resumipg the route Conmodores Vanderbilt
and Morgan, Joe White and Il G. Stebbins being the
principals Every kind OF has been adopted
Influences brought 70 bear the Ncsraguan
Minister at Washington, while swhrms Of active agents
and letter writer's were busy with the National Assembly
and officials in Nicaragua. Vanderbilt and White were
the great rivals the former, said on his osn be-
half though pompaly for the Accessory Transit CON-
pspy and White in copuuction with eboips on the part
Of the American Atlantic and Pacific Ship Canal Com
psny Since the ratification Of the Cass Yrhsrr treaty
by the Congress Of Nicaragua the privileges Of the Transit
route worth lighting Tor and the agents Of the rival
candidates are more active than ever Webster,
ssSbps have Ssen both ~oIkp1 swsy In Ss.raxus with
view 70 get their claims confirmed BY the National AZ
sembly. II Ia sad I'VE know not with what trutn) that
the impression prevails In Nicaragua thai MI Wander
blt docs not intend 10 open the route at all but
simply to keep out Of the hands Of any one
ss Ss ecspy h. under Do
Stances should Vanderbilt have the contract, on the
ground that he was sibuster and public enemy: Be
y
potentiary the United States from the government Of
Nicaragua, made convention, In behalf OF his govern
ment with H. q. Stebbns President OF the Ship Canal
Company on the 18th Of June lAst confirming
pary all the rights and privileges originally possessed
under the charter Of lsA9, With amendments abrogatng
portions Of relating 10 the construction OF canal
substituting railroad from Virgin Bay 70 the Pacific
in It's stead and appended thereto certain articles explain
ing Of the articles Of the old charter such eIpana-
tons being agreed 70 by the agents OF the com
psry, Sebbins and White. This contract received
the signatures Of the then JOINT Presidents Of Mica
lar ha Arr nj
State, Greaorio Juarez, ON the 27th Of last Jolly,
and subsequently ratified by the Naraguan Congress-
with the clause that should not be considered binding
until delivered by the Ncarsgusn Minister Yrisar
into the hands Of the aeenta Of the Ship Canal
Ms~ 90 ns so, Zo'n ' ssSSe
and 10 now, ~ We stated yesterday snugy depossed in
the breeches pocket Of Joe White In this document the
within which The snip canal Company are 70 put the route
operation nxed ut the 26th OF January last but the
later required with the undertaking that 70 be
commenced sooner possible Mr. White thinks that tho
route viii be opened n July as SCENT. mr. BODY, we
10 purchase the river In Vreen and
San Carloe, together with all the Transit CompAnys pro-
We now publish the most important articles OF this con-
vention, made between Senior YrsArri and NJ sebbns
by the Executive and Congress Of Nicaragua Since this
document executed In November the agents OF the
New York commcdores, Vanderbilt and Morgan, some
tmes jointly and sometimes atey have been exien
svey lobbying Of hanseua 70 retard It's operations Sup
poene that Yrsarris convention mad Il binding the
is6s-bcing snorsnt most likely that the tme had been
oxended-ey hoped 10 delay is delivery into the hands
Of The esmpsnys agents until the term had expired by
various 1steriDg promises and tempting Offers In which
event they hoped 70 contract for themselves.
CONVENTION BETWEEN DON ANTONIO ). YRrsABRI
AND TIE ATLANTIC AND PACIFIC SHIP CANAL CON-
PATy.
RI Envoy Extraordinary and Minister Pienipo,enuAry
from this republic 70 the United States OF America, did
senng anaer ,ne so,hory gwen hm, mAse, oSnSiaae
1857, convention with w. @. sesbns Esq, President Of
the American Atlantic and Pacific ship Canal Company
for the transit the territory OF this republic and by
Of interoce anc railroad which convention reads
a. follows
Convention made between The republic OF Nicaragua
through ts Envoy Extraordinary and Mnser Picnipoten
uary appointed for the United states OF America, and
the American Atlantic and Pacific ship Canal Company
Whereas the supreme government OF Nicaragua did
the twenty seventh day OF August lst9 through
commissioners the Licentisiee Hermeneldo Zspeds and
Gregoro Jusrez, enter into and sign contract with the
American Atlantic and Pacific Ship Canal Company which
said contract ratified by the Congress Of the republic
Of Nicaragua on the AID day Of september 14e and was
afterwards amended the 9th day March, 1850 which
ratified and confirmed by the Congress
ofssid republic and by decree Of the Supreme Director
dated the liih day Of April, 1850;
And Whereas by article Of said contract the dmen.
Of the ship canal 70 be constructed by the aforesaid
company defined and fixed;
And whereas II has been ascertaned and determined
by careful and thorough examinations made by compe
tent engineers That canal Of the dimensions required 10
Of want OF water Of SUFFICIENT depth In the Lake Of
Nicaragua;
And whereas by article 30 Of said contract the said
company required 10 construct and establish rail
and water communication between the two
should the construction Of the said canal become mposs
bic for therein named;
And whereas Ia desirable that railroad and water
communication should DO established speedily pos
sble advantageous 70 both the republic and the
company;
me Following amendments and additions 70 the .orc-
said contract have been mutually agreed on By and be-
tween the State and the Company
Art I. The obligation 70 construct the canal the
part Of the company dispensed WITH but In lieu Of sad
canal the company shall establish the territory Of
the state between the two oceans communication by
water and railroad within two years from the ratification
OF this contract by the proper authorities Of Nicaragua
which said communication by water and railroad
shall be established and constructed ~ required
by article 90 OF the primary contract aforesaid
and subject to all the terms and conditions, regulations
and restrictions therein named, except far as
the same may be changed, modified and dispensed
with by this contract The part or the communication by
shall be by the river San Juan and the lake OF Nj
carsgua and the said road shall be constructed from the
said lake 10 the Pacific ocean.