New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1864-03-16
Passage Of she Central American Transit
Company Contract in the Nicnraguan
Cousrcss-Engiish Application for
Large Grnnts Of r.apd-French Schemes
In Central gnatiem Of
President Martinez.
cITespondence OF the Associated Press.

| Correspondence Of the Associated Press.
MAsAGuA 0CsDital al Nioar a1nsA Lob. o. Isss
The most important item of information &
communicate from this country is the passage through
the Congress OF this Republic Of the Central American
Transit Companys contract This contract passed the
Senate the lJb, and the House Of Deputies the
18th ins and received the approval of the Executive
Don Tomas MARTINEZ without alteration or amendment
on the 18th inst On the GOTH Col J. c. Woods Spe.
cial Commissioner Of the Central American Transit
Company paid over 10 the TreasurorG General OK Near.
aqua the first payment in compliance with the stipula.
tIoUs Of the contract, Of $4,000 in American gold
Francis Morris, esq. OF New York, so long con-
neced with the telegraph interests oftho United States
and long the Treasurer ~ the American Telegraph
Company IL now the President OF the Central AmeTi-
Can Transit Company.
This Government has shown every desire 90 further
the Transit matter and TO have this great nteroo
route open possible notwithstanding the
eri0as OF the rival lines, with the money and influence
brought to bear by them to defeat the contract.
In this connection the public should know that there
Is now and has been for months past an Engshman
here named Capt Bedford C. 1. PIN, Of her Majesty
Royal Navy. Ills gentleman has been making pre-
iminay surveys for railroad from Monkey Point, on
the Caribbean Sea, 10 the Bay Of Reao the Pacific
Ocean. through this Republic. He is now before this
Congress, asking for large grants of lGnd-,omewhere
between three and four millions Of acres-wlth certain
privileges 10 enable him 10 organize company In Lon
don to carry cut bis scheme. He Gun doubtless with
such grants concessions get the money In England
10 build an English road In Nicaragua. IL is very
doubtful whether this Government however viii &C.
oede TO his desres.
Not only England but France also have their eyes on
these Central American States They will not long be
satisfied with looking alone but will put ther paws on
them II the United States does not wake up and exert
her power and sustain and carry ont the Monroe doc
trine.
From the following II may be seen what were the
views Of the Ruler o. FRANCE lust after his liberation
from the fortress oi Ham. Shortly after his arrival IN
London in lei7, he published pamphlet from which,
among other items equally interesting, extract the fol-
lowing which at this time should be read carefully
and be well thought by tie American people, viz
England will SEQ with pleas Ire Central America
become fourshing and powerful State which will es.
tabsh balance Of power by creating IN Spanish
America new center OF active enterprise powerful
enough TO give rise TO groat feeling OF nationality, and
to prevent by backing Mexico any nilher eneToach'
mruts from the North.
at is happy COINCIDENCE tha. tho political aud com.
mercia prosperity Of tho State OF Nicaragua IL closely
connected with the policy of tue nation which las tie
greatest preponderance on the sea She WIN ma, IN
word that tho advancement Of Central America viii
reuoyGie the declining commerce OF Jamaica ana the
other English islands in The Antiestho progressive
decay Of which will be thereby stopped
Ycnr readers may Judge whether Napoleon Ill Is
carrying out any portion OF his project In Mexico ana
whether England has been and still Is working to ac'
eomplish Acknowledgement &c. IN this part Of the world
AL know her gEoedihess.
Nicaragua will export more ceroons Of Indigo this
wear than ho has exported for the past ten years and
there will be steady improvement in the cultivation OF
Indigo and other things If peace continues.
on the oath inst the President Of the EepuDlie, uen
s. Martinez sent in to the Congress bis resignation
His resignation will not be accepted, as al desire peace
and Al optance would in all probability, throw the
tOuntry into another revolution.
The Cotton crop win be better than was anticipated
ct last dates though not up 10 what IL should be- 1he
army, 10 a certain extent has disappeared. Inmease
tracts Cf land are being cleared for its CULTIVATION next
season. OyeI two millions Of dollars have been expend.
ed for ceon in this country during the present season.