The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1859-01-07
Opening OF Central American Trade.

PROFITABLE GRANT TO THE PANAMA RAILROAD COM
PANY-DEsCRIPT1ON OF A NEW PROPELLER, JUST
LAUNCHED, TO BE PLACED ON THE ROUTE-REsULTs
OF AMERICAN ENTERPRISE.
The Panama Railroad Company have recently secured
from the governments Of Costa Rca and Guatemala the
exclusive right for ten years. Of steam navigation along
that coast and will doubtless the privilege
from the States of San Salvador and Nicaragua They
have already scamer-the Columbus-on the route,
and launched on Wednesday new steamer, to be
called the Guatemala, which will connection with
the Columbus.
The Guatemala was built by Mr.. Samuel Sneden, at
Greenpont and has accommodations for hundred first
class passengers She Of fine model and S1O5 O00
She is nearly completed and taking in her engines
Delamaers yard, at the foot Of Thirteenth street, North
river Her dimensions 2l4 feet dec 80 feet inches
width 25 feet hold, feet between decks and feet
inches from main to passenger deck Her frame white
oak below, and hackmatack above, and is very
strongly braced with diagonal iron straps, which
take hold Of the stern post and dead wood, as well
as Of the stem and dead wood; one strap
reaches entirely round the vessel. The plank on
the bottom is ~ inch yellow pine, and all plank
over 10 inches scarfed all 10 inches have three
treenals in each single frame. The panks are edge
fastened with iron AZ inches thick and ten feet apart
All the flooring and ceiling is well secured most of
Of the best Georgia pine. There large ports be-
sides the coal port on each sde opening the lower
decks. They well secured in strong frames and
pecialy adapted for loading and dschargng. She TO
be well secured with breasthooks and oiners fore and
aft with strong stancheons and knees She be rugged
with two mass-the foremast square rigged She has
Emersons patent wndlass forward, and Eve Of Raymonds
metallic hfeboats.
The engine has q Sc inch cylinder, with as inch
stroke, and direct acting and condensng The
is IA feet in diameter and with the rudder, is made of
brass and the shaft is covered with brass wherever it
will touch the water. The boilers are tubular, with
return hues The engine frame is of the most
substantial build, and has a footing 20 feet wide
The vessel was built with particular reference to
accommodation for both freight and passenger business
Above the main deck is appropriated to passengers
offices, and below freight The state rooms are COM
modous and the furnishing beautiful as well as durable
She will be commanded by Captain J. NJ. Dow, and is ex
pected to be ready proceed her destination by the
LIST of March.
The company has recently completed contracts with the
OF Costa Rca and Guatemala for the estab
lshment of steam line, and the conveyance Of mails
from Panama northward along the Pacific coast far
San Jose de Guatemala Each of these governments has
agreed upon the following conditions and payments in
favor of the company
The company to have the exclusive privilege of steam
navigation along that years. the steamers to
have the privilege of touching at all the ports Of
each republic, as they may elect.
The boats not to be less than three hundred tons and
not to pay port or other charges, excepting light aud
anchorage fees, not to exceed $25 yearly
The company to run one boat month, at least, each
way, and to receive 5000 yearly for carrying the mails
If boats semi monthly the annual mail subsidy
to be $4,000
Goods imported into these republics, that the Pa
sthmus to pay ten per less duty than coming
by any other route
The points at which the Guatemala will touch are Pana
ma, Pun,a Arenas, Reaejo La Unon La Ibertad, Aca-
yuta and San Jose de Guatemala the ohe steamer
Columbus the property of the company now running
on the line Doubtless the very profitable grant which
has been secured will necessitae the building of
ships, and force from Nicaragua and San Salvador the
granting of similar privileges in the absence of which the
company refuses to touch at the ports of those States
The enterprise will doubt help the development OF
the Central American States while is another instance
of American energy and ability.