The daily exchange. [volume] (Baltimore, Md.) 1858-1861, 1859-04-22
TO THE LOUISIANA TEHUAN.
TEPEG COMpANV

rCpCC Cn,Sn, AhAA v nA'-
VrD. rnrn - &c ooMp AN.
l,orn A. ~, 1prH Q, IooS.-t may not De un-
-. N ' VI La oere, Iresluent OF the lenuan-
epeo irans,t company, has been some weeks in
;6at;oSn, W. 'ue ooJect OF ootalnlng certain mod
ineations OF the decree OF September Z, 1857, by
winch the company holds its privileges. In this
MISSION, All the friends OF our great transit route
VIII pe Pleased to learn, he has been to the fullest
~As successful. Inc new decree Is pupnsneu s,s
morning, ana thereby becomes law. ~ contains
some very important concesslons-concessohs in
deed, which should at once double the 'aue o' Tue
company stock.
l. The time for beginning WORK On lne rali r
Is extended Tor period OF TWO years oum'lis rom
the hrst OF the present mohtn. LUIS WIZ give am
pie time for the complete vi Tue lsth-
mus before the company com"itS i'Seii W any par
ocular line or 81 ,ba raiIyead
latest, an elSnth par Vi tne ia'Lpau mus. pe con-
structeI as as" fSoi n oo,int;a ~ eaon l1owlng
year, tlli tne li"a couPle'ion Vi the wnoie WORK.
VI course 'n;, aenab oa th a o,'ne only IN case
ol ,itb thn mob as n"pany Nh oesire
10 60 Un WIZ .,'o wv" 40 piuy DIS possioie.
Z. lhs hrli i i,AeS free grant TO the compa-
ny " Iu da Of tba ,;Gr"a iedsue vi puohc lana
WI '"N' 'n'ouS"ouI us who're
leo q froo orort &C 49, oo
90. al - Va 'nc ''ach vi the ROAD, luu
sso ~ la,ue Of Iond 'ehinns 10 terminus, ana
fnossor,, oiong tho ,nbo, Ia; ~ :. may We Iouhu
or corrals for the accommodation of horses, mules
ana ot9ef anlmals.
a. Also iree grant OF every third square league
OF public land on both sides of the river Coatzacoal-
cos. This Is in view OF the large expenses of the
company IN clearing tne same OF snags and other
lmpediments 10 navigation:
THESE several grants Will probably put the COM
Pany IN possession OF a hundred square leagues of
the richest lands of the 1sthmus, whose value with
the proper labor to cultivate them, scarcely be
estimated.
.. The duration or tenure of the charter ITSELF is
extended from 60 years, las fixed by the old de-
cree to % years after the road is completed and
in operation.
6. Article "a of the former decree is so modified
by this that only the chartered privileges of the
company can be forfeited in anv case and tboso
only in case of non-fulilment of the reouiremants
of the same Whatever NAV transnire III nronart
of the company, track, cars, engines and matera5
of whatever description, remains nviolate. This Is
a very important concession as it secures to the
company and its Stockholders havond oil nar;l
whatever expenditures thew NAV from time 70 Tina
make on the Isthmus, W 'A'o
T. This article grants the privilege of coal ward
and shin yard for tho rana;r of ~ o w. Ia az
sells at Huatulco one Of the host and safSt
ON the Pacific, '' anu '"'e'' "a' 0o'
The simple reading of tbaso oon cosS;ors shou,s
,ba;n o.rontt ;e"tS y. 1.iese ion cessions SHOWS
that o5r neonIa vii; abo .bo uua gus; 10 oeleve
in some marked and decided smnh ., s,e rem
enable the companv To realize tba vaIna of u rant
transit route at once. e
- ---
NAVAL.-The United States steamer Harriet
Lane, Capt. Jno Faunce, from Montevideo on the
18th of March, arrived at New York Quarantine on
Wednesday night
The United States Frigate st. Lawrence sailed
from Montevideo the day before The following
vessels would sail from Montevideo for the United
States, as soon they could be prepared for sea
ana the entire squadron 1T was supposed, would
De on their way home by the LIST of April Frigat,
SABINE, (flag-ship,) Commodore Shubrick with
Judge Bowhn on board sloop Falmouth slooI
treble, steamers Atlantic Memphis Caledonia
southern star, Fulton, Water-Witch, W. NJ
ohmplh' ana store-ship Supply.
iue helacomeL had oeen concerned as unsea'
worthy, anu Wouid remain at Montevldeo TILL or,
teTs were re- rec9vea rom Mashington IN regard
Rrnan ctat; Io"omhg tfsseis WIFI remain ON the
Ctnd o,''rGn uI DE-; me cpnnana o! onalles
Steadman; VIZ ;-brlgs Dolphin, cambridge, and
Station for few months The health of the of
tlcers and men of the squadron was good. Lieut..
1oininanu,ng T.. d. henshaw' late Commander of
the cambridge, is passenger on board of the
Harriet Lane. Lieut.. X returns home on account
OF Ill health, and Is also bearer of dispatches to