The daily exchange. [volume] (Baltimore, Md.) 1858-1861, 1860-02-07

NICARAGUA APFAIRS-The Government of Mica
ragua having annuled the contract of NJ Belly,
in consequence of the fulflment ofits first pro
vision by the latter party, is ready for new
bargain. correspondent of the Washington
States, writing from Managna Nicaragua saws:
Mr.. Rosa Perez, Nicaraguan, who had lived for
some years in New York, is here representing the
old Stebbins Whitley risarri Company who have
sent IN new contract, by which, if accepted by
this government, they renounce the pretended
rights of the old canal l-grant. We understand that
the old stock being all in the market, shall be re-
ceived at 80 per cent. by the new company for new
stock. We also learn tnat Commodore Vanderbilt
has made an arrangement with the company to put
his steamers on this route, building for them Il
steamer to ply on this lake. large enough to carry
over ,OOO passengers at one time, and to pay the
company SIS per head for transit. Mr. Perez ia
busily engaged in getting his contract passed but
by the various propositions offered, Nicaragua has
got her dander up, and she is waiting for the best
bidder.
The next horse on the turf in the race of transit
matters is Colonel George Cauty, Of Titus Castillo
memory. He presents a fine appearance-it being
an American English companv-Crosky Il Co.
Grinnell, Minturn Co., Seymour, Peacock, and
others, concerned in it.
The third party in the field is the French COM
panv. News has been received officially and pri-
vately, that NJ Belly has been put out of the CON
ccrn; that the Duke of Alba brother-in-law of the
French Empress, the Minister of the Interior, and
heap OF dukes and princess have taken the affair
here "most positively" by the next steamer, and
that the company is to be organized under the laws
of Nicaragua, and to reside in Rivas.
THE WILL OF THE LATE Henry d. GTLpfN, Ey-
MAYOR OF PHuADELpHIA.-The will OF the late Hen
ry d. Gipn, recently deposited in the Register OF
Wills office, Philadelphia provides that after the
death of his wife and mother the estate shall be d-
vided follows, after the payment of leeacies to
the amount of $780, 900, the residue to be divided
into three equal parts, follows: The first one
third part to the Historical Society of PenpsyIva
mia, to be invested in the public stocks of the CITY
ana ater Period OF ten years or longer, if deemed
eXpedlent, the income that may have accumulated
to be used for the erection of ire-proof Library
building, to be designated "The GiIpin Library OF
the Historical Society of Pennsylvania After the
erection OF said building the Trustees are to ap-
proprlate annually to the Library the income of the
said third part of the estate. The entire library be-
longing to the deceased is to be placed in said
building; none of the books, however, are to be
taken from the Library, but are to be used with lib
eral arrangements) by students at the Library. The
second onethird part of the said and residue OF
the estate is devised to the President and Directors
of the Pennsylvania Academy of the Fine Arts to be
appropriated in the same way, for the purpose OF
erecting tre-proof Gallery Of the Fine Arts to be
apart of fre-proof ediice of said Academy and to
be designated "The Gilpin Gallery of the Pennsy-
vania Academy of Fine Arts" After the compile
tion of the building, one-haf of the incomeis to be
appropriated annually to artists in painting sculp-
ture and architecture, for the best works models
and designs in their respective branches of art such
pre- mlums to be awarded after such public CONNECT
tion as the Trustees deem suitable. Third-The re
naming third part to be invested in the same wav
for the use of the Historical Society of Chicago for
the purpose OF erecting fire proof building and to
be designated ''The Gipin Library of the Historical
Society of Chicago"
The Virginia duellists are all on the square again.
the Legislature having passed an amnesty act to ali
in Ara1z ions fn fbn IS