Cleveland morning leader. [volume] (Cleveland [Ohio]) 1854-1865, 1858-06-30
m. Nsearasua TransIt--Cenrral American
Dfulomncy

The Nicaragua Trannt--OeA11--
Dfplomaey
The latest war breeze has blown over Inc
Nicaragua imbrogIO is settled Mons Belly
has been headed of by Com Vanderbilt Ihe
latter has secured 70 himself the monopoly OF
the Transit Route for term Of ten years a
contract secures its re-oPening within ninety
davs. and its maintenance thereafter TIE mo
nopoIy which has uureasOnAbly run up the fare
between New York and San Francisco will
soon feel the effect of competition, and II well
managed. the Transit Route viii becone the
popuIar one. The Belly contract which so
alarmed such venerables as Buchanan and Cass
turns out mere farce-Mons. B. being equally
sold with President B.
The Tunes gives the following interesting
account of the personal Treaty Com Vanderbilt
has made with Nicaragua, which 1t says may
be implicitly relied on The old Commodore
aopears 10 have been as successful with the
Nicaraeuans as Col. Kane with the Mormons-
II seems that the concession of the Nicaragua
Transit by the Government Of that Republic 70
1 CoRNEL11s VANDEBmT, HORACE + CLARK, and
their associates, must be regarded as HH JGli
accompli.
About two weeks ago there came passengers
in the Star Of fks West the famous WEBSTER
1 lVANDsRBILr's Agent, and Mr. GETELL, CO.
\ partner of one Of the members OF the Nlcara,
auan Assembly, and large and influential
SroDerty-holder in the country. WEBSTER had
IN tbe transit documents in his pocket, and 1t Ii
said that no one was moro surprised at his sue
| IL a.. rou,uoflora himself
The principal document is the deed Of con-
cessiop itseIf-dated the sth of May last
j which grants to Cornelius Vanderbilt, Horace
r Clark. and their associates, the exclusive
right of conveying passengers across the 18th
mus Of Nicaragua by the Lake Nicaragua and
Itbe River San Juan. Il is very similar IN form
10 those transit grants made on previous oeea
sious by the various Governments OF the Re
public.
A supplementary document to this conces
sion. called " The Act Of Incorporation" I" Is o
great importance 1t incorporates the grantees
IN perpetual company, with power to ereat'
a and issue stock, and transfer Or sell the same
1t eTempts them and their property from al
taxation and Government dues, and places then
on thu footing Of citizenship, with the night Z
sus and defend in all the Courts Of the AePub
lie. 1t further gives them tho right to elect
Presijen.. and Directors, and to make such BY
laws, rules and regGi!.eiions as may be neeessaE!
for the internal management Of tine company
affAiIs.
These important documents were oFo1gnt O
Inv Webster. and took the Commodore quite b.
s,rrr;se. for. like most other people, he begal
70 think that the mission Of his agent wa
; ratfer hopeless affair He kept his intention
close and planned grand soup g'etGl,
, Matters were speedily arranged. The sPe
lcie destined for Niearagus was boxed; the ne
cessary papers geEe made out, and all arrange
!, ments for the final eOnsummatiOn aud settle
Hent Of the Transit question were com
Pleted-
In order to avoid suspicion. Webster and D
; B. Allen, son-in-lsw OF GandaTbilt, aecomPanle
by the specie, went on board the New Orlezn
steamer Philadelphia, which sailed from thu
port on Tuesday, jane is. By this mean
Webster and Allen got of without further no
4 | tice They wsTe 70 be met at Havana BY
7 special steamer, (the Grensda.l which the Com
: mcdore had telegraphed TO New Orleans for th
r purpose, snd they would proceed thence diTeC
to San Juan.
. The programme laid down by Asssrs. Vel
b ster and Allen in Nicaragua Is as follows A
c Greytown they would take one Of the small IN
- er steamboats,, and proceed up the Tiver an
across the lake To Granada, and thence 6y mule
E 10 Managua, the capital. They would thel
e pass the necessary papers, take possession {
all the property fO4aeTly owned by the Aceei
i. sorry Transit Company, pay ossr The specie, s.
men to work on the line Immediately on the
! return to GIeytoyn, where the Granada h
= been ordered to await their arrival, ahd brin
n them back to New York.
The Cslifnlnis steamers, it is said, win toac
at GreytoEn, while the Granada j. lying ther
, and until Webster and Allen haYe completed a
! their arrangements.
A Commodore Vanderbilt has steamers in Iea'
/, mess both on the Atlantic and Pacific side
and it is confidently stated that the Niczragu
transit wall be TeoPened in tie course Of col
pie Of months.
We believe that orders to Senor Y nissan irOi
i his Government ars on their way, if they hav
a not already arrived, directing him to resognii
J: the grant to Commodore Vanderbilt in all i
particulars Senor Yrisssri, it IS further state
will soon be recalled.