Daily union and American. [volume] (Nashville, Tenn.) 1865-1866, 1866-10-04
THE FRENCH-MExICAN CONVES-
TION.

The following is the text of the last Con-
veution between France and Mexico, pro-
posed by MACMILLAN on the 9Oth July,
and ratified by NAPOLEON September 18th:
ARTICLES.
"Art. l. The Mexican Government grants
TO the French Government an assignment
of one half Of the receipts Of all the mari
time customs Of the Empire arising from
the aforementioned duties.
Principal and special import and export
duties upon all objects.
Additional duties Of interndcion and con-
trdrcgistre.
"1'he duty Of meoras ,aateridIcs as soon
as the said duty shall be freed from the
assignment actually in force in favor of the
Vera Cruz and Mexican Railway Company
an assignment which cannot be extended.
4" As the export duties Of the Custom
house on the Pacific coast realready pledged
to the extent Of three-fourths the assignment
now made in favor of the French Govern
ment shall be limited-to the twenty-five per
cent. which remains unchanged.
"Art. 2. The produce of the assignment
stipulated in the foregoing article shall be
applied: ]. To the payment Of the interest
to the sinking fund and of all the obligations
arfng out of the two loans contracted in
1884 and 1865 by the Mexican Government.
u To the payment Of interest at the rate Of
fhree per cent. upon the sum Of PIG, ,00O,OO0f,
lof which the Mexican Government has ac-
ilznowedged itself indebted by virtue Of the
Convention Of Miramar, and Of all the sums
subsequently advanced in any shape from
the French Treasury. The amount Of this
liability (ereanoe), estimated now at the APP
proximate sum Of 250,000,000f, shall be
hereafter fixed In definitive manner. In the
event Of the amounts received being insuf-
foient for the full payment Of the charges
above mentioned, the rights of the holders
Of bonds of the two loans and of the French
Government shall remain completely re-
served.
Art. 8. The amount arising from the
assignment OF one-half the produce Of the
Mexican customs shall increase proportion
ally with the augmentation of the receipts,
and in ease the amount should exceed the
sum necessary 20 meet the charges specified
in Art. I, the excess shall be applied in re-
duction Of the capital sum due 10 the French
Government.
Z" Art. 4. The quota of duties and the
mode of levying them at present in force,
shall not undergo any modification which
product Of the proportion assigned.
Art. 5. The collection Of the duties as
signed, as mentioned in Art /, shall be per
formed at Vera Cruz and at Tampico by spe-
cial agents, placed under the protection Of
the French flag. All the duties received at
these two customhOuses on account Of the
Mexican treasury shall be appropriated 10
the discharge Of the French concession, with
the sole reserve of any portion that may be
the subject Of any assignment now recog-
nised. and Of the payment of the salaries Of
the officers Of those custOmhOuses. The
amount Of this latter expense, which shall
not exceed 3 per cent. of the produce Of the
aforementioned duties. A quarterly set
Element of accounts shall set forth the
amounts thus received by the French Gov
ernment and the product Of the assigned du-
ties in all the customhouses Of the empire.
This settlement Of accounts shall fix the sum
to be Immediately paid by the Mexican
Government TO make up the amount OF the
revenue conceded in case there should be
deficiency, or the sum TO be handed over to
il should the sum received be in excess. In
all other ports than Vera Cruz and Tampico
the French consular agents shall keep them
selves Informed as to the position Of the Gus
toms established in the ports where they
are resident.
art. 6. Ii shall be lel to the discretion
Of the Emperor NAPoLEAN III 10 TX the
time during which the agents charged with
levying these repayments shall be main
tained at Tampico and Vera Cruz, as well
as TO define the measures which may be
proper 30 insure their protection.
" Art Z. The arrangement above speei-
fed shall be submitted for appreciation TO
the Emperor Of the French, and shall be
come in force nj time to be fixed by his
Majesty.
"The Convention signed at Miramar on
April 10, 1864, shall from that time be alb
rogated ON all points which relate to financial
questions.
In faith Of which the respective plenipo-
tentiaries have sigued the present Conven-
ton to which they have affixed their seals.
made in duplicate at Mexico the SOth
Of July, 1866.
"AIrH DANo,
aIoUIs DE ARROvo.
( g.a,s.