The Hillsborough recorder. [volume] (Hillsborough, N.C.) 1820-1879, 1858-06-30
PRoTECroRATE IN CENTRAL AMERICA

4 PRoTECToRATE IN CENTRAL AMERICA.
The London Times received BY the last
steamer contains copy OF the convention
lately concluded between the Governments
Of Costa RIGA and Nicaragua on the one part.
and Felix Belly, acting on behalf Of Millanl
& Co., of Paris, on the other. relative to the
concession Of an inter-0ceanlc canat BY the
river San Juan and Lake Nicaragua. The
document is dated May !. The company are
10 commence work ia two years and complete
il in six. and the channel Of the canal is to
admit two Of the largest ships to pass abreast
It's to be entirely under French direction,
and the French Government is 10 hare the eT-
c'usips privilege Of keeping i,Co ships-o Uar on
The ,eater Of The route throughout the whole
period occupied in the construction OF the ca
nal. The duration Of the grant is ninety.nine
wears from the opening Of the canal, and the
line is to be open TO all flags q; q moderate
uniform toll. The Times pr0nounces this
scheme impracticahle; the capital being est-
mated at ten or fifteen millions sterling. APP.
pended to the above convention is declara-
ZION, signed BY the President Of Costa RIGA
and Nicaragua, setting forth the suferings
they have endured from the North American
illibusters, and the risks they still run from
fresh inyasions known TO be in preparation
aud in reality under the patronage OF the
United States Government, and appealing Il
the great Powers Of Europe to sustain then
in their independence, and not leave the
coasts Of Central America at the mercy o
marauders, but enforce the observance Of the
pubic law.
The veteran correspondent Ion remarks or
this transaction that Louis Napoleon ha.
long cherished the project of connecting hi!
name with the colonization Of Central Anne
RIGA. While prisoner in the Castle OF Han
he correspondent with Mr.. Marcoletta, on the
subject, and strongly expressed his desire an.
intention to undertake the work. The time
- exceedingly favorable to his purpose, for ht
IS at peace with all Europe. and begins to find
Il necessary to start some new project for tht
qualification Of the French people and the
employment Of the French marine. and give
profitable direction to French speculation ant
enterprise. II is part OF his plan, Q
course, TO open the transit to the Who'll,
world. and thus the United States will en-
Joy its benefits in common with the rest o
the world, but on such terms as the Empero
may choose TO prescribe. Ii the contract ha
Dftu Iiustu We suuH see Lis puIlo "
either side Of the Isthmus in the hands of til
French. For eight years Napoleon has patient
" awaited the result of the efforts Of Englapd
lie United States, and Nicaragua, separated
or in combination, to establish this conve
aIence. and as their incompetency TO the tas
das been fully tested, twas time for Napoleo
y take the matter in hand, The Monro
doctrine brayely asserted that this continen
should not be the field for European COLOMBIA
ion; but the question now practically
whether or not our country is to have an
faOthold al al upon the isthmus. Abstract,
the construction Of ship canal BY the Prenc
Government, or any other Government
~hlch proposes to extend the advantages
al nations. is great and good thing. but
view Of is military control BY the Frencl
We may ask where i the Monore doctrine I
Echo answers, tUhere?