The New York herald., 1866-08-27
The Scheme to Unite tho Pncifc and
Atlantic by Canal Across the
Isthmus Of parlen.
Terms of the Act Of Congress Author.
izDg the Work.
The Wateree Ordered to Dutv in
Surveying the Route.
&c. &c &c.
OUR pagAnA CORRESPONDENCE.

PANAMA August IL, 1866.
me United States steamer waeree has been ordered
70 this place. end has arrived for the purpose of recev
ing on board party of scientific gentlemen who are
about to the survey Of the canal route across the
bthmus Of Darien. They to be conveyed to san
Miguel and the vessel is understood TO have been placed
At their disposal until the survey is either completed
abandoned The party is said to have been organized
under te auspices of prominent Senator from Rhode
island
ROUTE.
On the 9th OF last June tho Congress Of Colombia
passed favor Of the construction Of ship canal
scross the Isthmus Of Darlen and Panama This act
nus the made by General Mosquera in London
last January far open the enterprise to the
petition of the world The leading features of the
taken from Mosqueras contract which he presented to
Congress in message dated May 81.
TgRMs OF THE ACT AUTHORIZING THE CANAL
The following the chief points of the act just
passed: -
A privilege is granted for the term OF nnety-nine
years excluding any other similar canal from raversng
the territory OF colombia. The work be completed
In ten years with the privilege of four years additional
should extraordinary circumstances justify The canal
must be wide and deep enough 10 allow OF the heaviest
and largest sail and steam vessels freely navigating
through 1t. All the uncultivated land that may be
necessary complete the work and strip thirty metres
IN width each side OF the canal Is conceded to the
contractor, including the lands Of private parties set
apart the purpose necessary The contractors
TO have, likewise the Of the ports situated at
both ends, and they shall have permission to build
whatever workshops &c, they may require; but said
ports shall be free and open the of all
tions and shah be declared neutral, also the canal
itself in all its length and breadth Transit by the canal
ehali not be interrupted in OF between any
nations whatever including even Colombia. Only ships
Of war shall be refused transit in case that their evident
destination be where they to take part in hos
ttes Passengers treasure merchandise and effects of
any Kind except such as to remain in the republic
shall be free from all tax and duty while in transit Pas
sengers will need passport except in time of war;
sells however, must show their cearances and other
papers
their rate Of toll for the of their depos docks
houses, &C. provided the do not exceed seventy
Eve cents ton for vessels in ballast So for vessels
with CARGO $40 per head for passengers and onehaf
stones and metals vessels belonging 10 or in the service
Of the United States Of Colombia shall pay duty
whatever However, such nations as will bind them
selves by public treaty to guarantee to Columbia the
ownership and dsoveregnty Of the Isthmuses of Panama
and Darien with the adjacent coasts and the complete
neutrality OF the ports situate thereon may be allowed
deduction in favor OF their vessels.
The republic Of Columbia is to receive from the
tractors during the first twenty-five years after the
sructon the six per the net returns and
during the ensuing seventy -four years eight per cent
In the computation OF said net returns no deduction s to
be made for interest capital invested mortgage
or other claim u IS also agreed that the sum TO be paid
% Colombia under this article shall never be less
than six hundred thousand dollars in any year. At
tho expiration OF the term Of the grant the canal
with all It's workshops buildings and other appendages
rigorous inventory appraisement Of its value de-
pos Of one hundred and fifty thousand American dollars
VI 10 De MADE either In Bogoia, London or New York
security for the fuhlment Of the contract
The contract shall not be given to any nation
foreign 90 ernment and all disagreements that may
arise concerning said contract shall be decided judges
OF the republic of Colombia In the line Of survey
Of the canal should through any of the territory
conceded to- and now occupied by the Panama Railroad
Company, the consent Of the latter shall be obtained
before making any excavation such territory rhe
privileges granted shall be forfeited failure TO de-
post tho stipulated security, complete the surveys
I'M eighteen months, To commence work In
vaarS complete the canal the stipulated
lime sjs, for rebellion suspension OF work
dnring more than six consecutive months
This forfeiture involve, ~ the lands MATERIAL build
ings and improvements made ~ well as the security de-
posted and does away with any claim lor indennhca-
tion. Besides these general Conditions The
charge the Buenavcntura wagon road, with It's capital
apparatus and other appondags (which shall b1 ceed TO
fhem), in order 20 make railroad along said i5ae.
NAMES OF PROPOSING CONTRACTORS.
This act of Congress ends by ordering the return to
Henry Ducsbury, Of London the sl20 COO which no had
deposited security for the fu1lmenl OF his contract
with General Moaquera, the 25th Of last January in
London. The partners o. r Quesbury IL this enterprise
Thomas PAGE, c. f., and George Elliot Vice Admiral
in the British navy 1t further orders tho publication
OF cali for proposals in the leading journals OF Europe
and North America, said proposals 10 be addressed
commission from Colombia sitting in London. Should
said commission and the executive authority Of Colom-
ba accept proposals not strictly n conformity with
this act they shall be submitted to Congress for ralca
tion.
<S@sS sEg YORK coSrRAcron IN THE fsID.
II appears that Daniel w. Teller oil New ioIs
has presened proposals already and some OF the
pres advocate acceptance strenGousy I'D NO ld
Wish TO the work undertaken BY ~. American CON.
pany