The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1859-07-28
NICARAGUA.
OUR MANAGUA CORREsP 0NDENCE.

hAyAeuA, June q, 1859.
Free 7fansa Established by GOuernmentA Chance for All
the C0npanies-Be'ly Ahead by Lou TUiGs-Dis.iu-
9uishea A1r,rosAn9lo. Saxon Eniation- and
Position Of the Newspaper Press dc.
Since my last letter the government has ssued the de-
cree OF free transit Of which sent you copy by way OF
San Juan del Norse You will perceive that each company
Will have to establish different land routes this will OF
course ebarass the early establishment Of many routes
Belly being the first party the spot msde contract
under the free rans decree and promises to pay $500
francs per month hire for the land route between Virgin
Bay and San Juan They to carry from ocean TO
ocean all passengers Of any route or nationality at
the uniform rate OF 100 franco esch and the charge or
freight shall not exceed 100 francs per tom suppose
under such conditions there will be competition made
as regards the transit, because IL will be hard for the
company to carry freight at leo francs per ton from ocean
70 ocean, and all the competitors who were anxious for
the transit will be glad to get rid OF the trouble aud OK
pence and pay low price as that for their eizht and
passeDgers principally the transit business is only the
accefsory and onerous part of the business and the pr
opal profit is in the ocean steamers will be, notwith
standing, great benefit to the United States as will
bring freghs and passengers down q reaeonab bis tariff
Panama will have 10 follow the same. By the ar.
rival Of tain steamer the quoness OF the capital been
animated somewhat by the return OF General Jerez ami
his secretary, Mr. Perez Is said that the Uned States
government and England have both refused 70 rav the
treaties uness the article about the stopping Of raising
6libusering expeditions Ia LETT out The government
here are In Tx again about transit matters. They have
declared the transit Free and also already made the tran
sit contract for the Virgin Bay and San Juan route with
Belly and meanwhile General Jerez has an arrange
ment with the Canal Company, formerly OF White
Stebbns Yrissari by which al former difficulties are
aricaby arranged. Your correspondent Is no. informed
II tho arrangement 10 made on the basis OF free
transit, In which case 1t might stand, II il was ex
ecuted before Belly - contract hore. But il spu
lates an exclusive right, and also gives tue lands
on the San Juan river to the old Canal Company the ast
ter mixed up and the third act OF the Transit mbro1lo
will commence, because the ands have granted 10
the Canal Company Of Belly, and there would be two ex
elusive rights of possession for parties of one pe,e OF
land.
On account Of the return OF tho two treaties and Of the
Transit imhroglto the government have called as once
by Decree an extraordinary session Of Congress- to CON
vene on the 10Th Of next month Gen. Jerez who Ia also
memberof the House OF Representatives will not take
bis seat In he Cabinet until after Congress- has nnished
hs sessions
BY the las. steamer arrived also Mr. Fermn Ferrer for
nery Secretary Of State 10 Patroo Rvas He awaited
biz property which had been enlarged for suit by An
Nsian commercial house, and sold II Is believed that he
WILL successful in recovering IT, 10 the States aud
bring his wife, the uoer Of Mrs Stephens the authoress
Luis Scbleseinger also arrived by this steamer IN he
has any connection with any transit company and bust
anything ss the government and people in general are
very much exaggerated against him for the exasgerston
respecting the called seizure OF steamers
Of employees DO, AZ these exaggeratons were believed
by the United States government were Accessory 10
the strong letters rom Wsshingn previous 10 Tho eay
ing OF General lamar.
The money crisis extremely depressing still Grans
da, Rvas and Hanagua are rebuilding and people are
hopes OF better times coming The opeuIpa az the
lraesit keeps their hopes alive,