The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1858-07-01


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~scen AIlaauc and Pacific Ship Canal
s-Chsrter Unrsvshed, a~d Hicars-
!" - No Power 10 Revoke IL.
TO THE EDITOR OF rHs HERALD.
~''" AMERICAN ATLANTIC AND Pacific SHIP U NAL 90.
NEW YORK, Jane 2p, 1858. /
y.ah s the nrst time (Andit DO hope. that may
BE the Ns that u.psn has felt coos,rak 70 OBJ
suae itself On -yuoe Of the public; aad eva nows1
would 80 not hat some Of the stockh
n.y be niscd oy tins premedhstsd saDaer On oar .ie
which apr cared the New York 7tpSvs AMI Nss York
Dsiy Dsne yesterday, aad ag ain reiter ated In
NJ New York n,5une Of cdsy.
mo 6scts of this saRder may be removed b. snor
ssasen n. cs history os tne Dom pany, the assaults
made Sron hs rights BY Interested parties, tier sgaA
falu 81, and the relationship a. present suosssns be-
swss . r5e c,npsaS and lhs state Of NsoNAsuA:-
pAxF ANT ln Nicaragua 10 COMPANY
- no ION aaS Ssp,Cnoes IA The isAs he STAG
rra or rs..ma sns wssr con ncnsc .,on scspss rs
rucry. pe.ween IRE two oJexns, wtn,n twelve years
~ s ss r ?. sss ss ss
kemoss The same day. Is nxs never oeDa fesosed nag
rrus siu 90 taas ~ the tsrns OF tbs ofigioa
.ran me consrapy MAJ uua shes5tn dsy o. s.s per,
IN ,he year 1854, TO complete rans1 by snsea-os
rssroAa are water eamuacnlca.lon
lSrSpEssTs.
Tia lfsb,sf June 1859, the 5tets OF NEa-a
sgua auebced the grant with the yiea e rom evs cct1a
ohscrss therein again the is'b Of 5aae 10 tue year
1ssa, ns-se, lnrccsa Mr. Yisarri 10 minister - tae
United ~ Ca entered aud signed Conversion Vita
IT, coarr,apy Further amending tns.s graft
p,ess 5, rp1s, aInss and nsrio Jsres osn Pre-
Of Nicaragua the 2tn day o. JAY, 1901 A. th,i
had as nsssed Groagh foafier sud sli ylsD;
me nsa no. eIs.sed Tor election. Subsequently,,
-sas Asssmoy vcss CHOSEN raey asscnood xauAguA
n month November last, and ,n Their first a,ts
the lstn, was one usSniaso1s.y oood'nisg toe
enkron 1913 o. Juue, 1857.
co>rsSTIoS AND TIM. ALLOWED IoR CONSTRUCTION
frsnRoAD and WAIVER cltnusaoAlIoN
Tee preS,o- lhil venton rectss tlas tbs csoal
rsaumto by orgua graft csneot Dc c5nslrac.si aud
sher.forc q ovie 10 article fol!ows:- rms oDga
scu 70 ccps,rc, csna on The pat the company DIS
penssd vsb bui In lea Il tad cana the company snail
mon by water ans rsr Dad within years from
sno OF this contract sy the proper Authorities OF Nj
The pyoper authorities the President aad II sla
Nee Assembly. Without confirmation by he last III con
~orld have been void fhas i will &c seen toA
grsnt the ats thereto have eli
hs the company nave two ~ years from ,be
lish vi November last within which To esaotah their
Is, The terms Of econventlon have two years /,
make sLd three months within which 10 CON nence 70
aIi co.. verun was delivered to the co npsny ratified
BY the President, the 18th Of ootobe; last. We
bound to 10 make the transit wjlhia
nontba thereafter aud We did commence, oy seniog Ne
u Fitzgerald reconstruct the Drsses and
xhe ixe bet Virgta Bay and A Juan gel sur
Ibis work ,s sill progressing snd near1y compo.et.
OPPOSITION CANAL GRANT AND EFFORTS MADE OTHER
The csnr company NO, been Untees in OF
The ausJre between the various applicants for the san
sant from Costa TcA or Nicaragua, or both Of them
hes merely deed As 70 the best method ct protecting
against assauts OF Interested oAues,
have been siypg 90 procure the revocation II lis frau
ra,-es ard the nvesta eni CT the n in themselves.
Repeated app atoms been 10 Costa Rics,
Nicaragua Rica iointy aud Afterwards MICA
rAsua sioi by large steamship prcpreors n the city OF
New York Tor the annument OF our grant aud .hess ap
pncsaboIs have unosmy been followed by prof,rs Of
asse bribss government 2nicias az we have been n
though anooy ng ana our graz, still remains unschsd
vAsDr1nII coSrRscr.
According " ieser wri,sen by W. Q. Wooster, the
ageni OF o. Wander c, and addressed to him the 9Th OF
ksreh last from the city of Managna, appears thai lac
procured latter copsidcrs be wire pung transit ca,
setsion with ms govcrnnsps, Tor ara NJ Horace
tae sovornmopt Of Ncarasus repes,al, ,eu,ss the an
piSafsons Dsde behalf q Vanderbilt Clark for an
coOoiIonsi cooira on The {. benalr
me .'ndefa isaole Webster" had Insisted TO this on s
Srs gorio Jusrcs that Cana Oompsoy ~oud mel aer
commence ncr complete worx wl,na tue lime desg
match IN tSelr grant JuaIes, pretsndog 70 believe hrs
vapaerbus Horace r. Csrs, to tue eect ts.s they
night establish transit pfosoes tne Csnal Com pAny did
"a a thin ne time sllowei tot T well sEosn 10
JUsrco al thai time tha the company hsi already COM
r,tpced Abors the Ire OF transit, aad thus hsf
broush, themselves WITHIN the Limitation presented by
their gspat such o3at'sct, hosssor, webster was
ruling q take foe bis prac pals rasAsr I1ao No coairact
st Prescest tartipos regarded g xIIbou; present.
x,aty sid AZ havipg no prospoc. Of future vitality. n,
rsd SEQ submit 70 the legislative Assembly Tor rs
AhI ma such vas and !. zoe co,,ra OF yasae+
biz established ~ letter OF President Matinee %
yshp boy iAq' oar agsni, aa,,d a. a.n,aaa, tee
ract wnh Vanderbilt OF tire SIN glych, 1Sss, ann 90
conversation hal with The srd Bedy, general Mirtiaez
SAVE "ITepsaicd you many times thai TIE GOV
c1Duartod conditional cnssgsm,nt-hai 10 say,
coatfsct which is 70 have effect n The contract .;
are The worthy agent should be legally f,rfcited.
Tnas will be obssr cd tAt By tins contra, Ness Van
ed ne srali what President haruans moan, BY a legal
~cIudcAlcn may be fion Tho folio wing extract n
lho 70 the charter ranea by the legislative
Assembly OF Nicaragua, VIZ
these supulatIons, or Of The o,hsrs ooa,lnef In
to contract Of the ioh Juie Of this press yeir s5),
I,e goveEnr q Nicaragua may sanoI the said Goa
rrscts after ng cup niaed the question the
have decided tie question Az ust the company
WHAT the srsnrston above alluded 70 - Will be
1oln June, WIS.,. In order 70 simplify AMI expcdlkte
ohtsct proposed IA articles thirty three AID thirty
fosr q toe couusci O ne ssta o. Aegss s4s whenever
dlsputes controversies % my sisc bs.wccn tue 70
yernmenl Of NlSnAers and w coup'ny, o1e Arbitrator
dssgrcerenf fine arbrrators within three days
s,,ecs me inrd arbitrator a7phsanon snail be inside vita
OF MINISTER'S rrsideit, IN dcsui OF ~ .npo.cnisro.
charge dsnsrss 10 ee;aah q min ers resident acscrd
ing the dstes OF rccetnns IN Washingion, 10 select
rach third Arbitrator, and the munster or d.
pouarc representative q Eicsrsss, sssu u 90
slsc In cass any ono sf these mrssssrs or cnsrxo
shs excuse himself or FOR s1y o,hor s69uii
ros able bis psce shall be excessively supplied
by nexi ooc minister charge Asres according
90 tss ortc rccoftoa In wash'naion, url the oo'eci
n Obtained. rsous interested 10 tne company, on
ssrs agents. Me employees hcrcof, cs35W DO appointed
sreirsiors, noe can zoe oacSs agen,s or employs Of
che government Of Nicaragua be 20 appointed. The
bfr>f,on ehsi take place the city o, Nes York"
be proper 10 add Va this Coonecoo thst the STATE
dem,nded arb aston, has taken plaza
President Martinez Of Nics-asgs through the Secretary
OF Foreign Relations resoro Julresl, oommuoica
the Soth Of April last, addressed 70 MI Yrsar
hi 10 apply 10 cosapAny for csn~ent Gad
sutborny amend Acbsrter enable tho STAT
90 contract for the coasx1ion Of csnal with other -ar
kcs Ills consent the COMPANY pereDptoriy ref1set %
Give. IN Q written comnunios.on dated me SO JIM,