Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1862-10-29

Special Correspondence Of the New York Tribune
CHINAEDEGA, NICARAGUA, September n
The whole travelling, trading, and writing
American public have a deep interest in the
lines of communication between the Atlantic
and California such being the case, a few
words on the subjec. Of the Nicaragua transit
route, now advertised to be opened in October,
viii be Of interest Almost everybody viii r.
member that this line was closed by the opera
~tionssof that extender Of Southern civilization,
William Walker, in 1857. When his "htiul
fever - was over, the people Of Nicaragua e1-
p~ectected to see this fsV0rits route opened a.
once, and negotiations were commenced ny va
rious persons, but principally BY ina late Joseph
L White, Esq. The story Of these attempts,
and their continued defeats by the superior force
and intrigue Of Commodore Vanderbilt form
some interesting pages Of unpublished history
Charters were granted By this government
and TegTgnted, reward, extended, and re-
made, until the business became q joke, and the
idea Of Transit anne to be regarded as q
dream Of moon-stricsFn m0neyless spectators
Finally one Of the Companies whose charter
had expired, and whose agents we've refused au-
dience With the government. brought forward a
claim for damages against the State of NicaTa-
qua, which, being pressed pretty Ezrd, secured
them a new charter. limited in time 20 eighteen
months. This, like is long Inc of predecessors,
slept FOR nearly a year; when one Inc morning
IN January Lass, Captain Samuel Grtul made
his appearance in Nicaragua as the agent Of ian
entirely new concern and Gb0U. the same dale
the steamboat John Hart appeared ia the lake
under the c0mmaud Of Jefferson Maury. The
new concern was 10 act under The existing Chsr-
ter, which required AS @ preliminary movements
the payment of $4,000 TO the government. This
sum was rendered in form Of @ letter Of credit
on the house Of A Belmont of New York but
the secretary of the Nicsrzgua treasury, uot
bling accustomed TO anything bu; lHs "et-c-
tive, " refused the bill. To complete this job,
tie siesmer John Hart vas les while at anchor
in front Ct Grsuads, and another sleep telUpon
the Transit. BIt IN p short time = new agent az
rived, who assumed the duties and privileges OF
the charter, paying he $4,000 inCssh, and imme-
diatsly went % work 10 raise the steamer Virgin,
which was sunk I'm the lake In I-j1. The VIRGIN
was an iron steamer, bought In New YORK about
/ 1855, and had then arrived at the rather lender
age (fCr steamers) OF eighteen years. She was
got up the river and on the lake with a great
deal If trouble, and put into the service. Here
she met with no accident, except being once run
into by q yawI boat, which knocked q hole il
her iIon sides. After Walkers time, she was
used by the government for awhile, and finally
she sunk from some unexplained cause, near
Granada. The new agent Of the Transit went
ensrgeticsliy TO work Le found the suukeu
ship, pumped out the hull ard d5sted her. Sew
eral months were spent in putting hel In order,
and on the 9th of the present month she was de-
claTed ready for her % trial trip" She looked
pretty well considering how much service she
had seen both above sud below The surface.
There was " a gentle favor Of mid decay Of
course, but nothing to prevent her being accept
ed by z c0ntiIug passenger as ihs new and
splendid steamer" Of an advertisement The
trial trip bsgsn, on water IS smooth as EHy sum
mer sea. The ancient Virgin glijsd slowly
along 3 few miles, until she got TO q COED, quiet,
deep place, when suddenly .4oss GA board were
conscious Of q" first g shlys-, ana then q thrill,
and the poor old ship, tired o. Life, settled down,
and ike the " wonderful one-h9ss shsy' -