The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1867-05-31
OUR SPECIAL CORRESPONDENCE.
r D s STA
psclAL CORRESPONDENCE Of THE HERALD


Reception of tho Russian American Cession
Treaty-Mr. Stewards Negotiations Re-
ported Fully by the Cablo-The Fur COM
pany's Interest and Position Expectations
Of More Cash from Washington -Whas the
United states Has Obtained. &c.
ST. PErKRsBURG, May Is. 1857
Mr. Vladimir Bodisco, Secretary Of the Imperial Rus
sian Legation Washington arrived in sh capital last
week. bearing with him the q tho treaty by which
Russia cedes to the United states for tho Of
$7250 0O0 oil her possessions in America the United
States Senate having ratified the treaty IL but remains
for the Emperor To ax his signature to it to complete
tho ratification and put the treaty in force His Majesty
Is now in Moscow with the Czarewtch and the Grand
Duchess Marie but will leave hsrs tonight on special
train and will reach here tomorrow.
ON Tuesday il is likely that the treaty will bs SUBJ
mitted to his inspection ana will his approval
The fuli very nearly FULL tcxt OF the important
document was received here some time ago. while tno
negotiations in progress, by way OF the Aantic
cable. The long despatch IN CIPHER aud contained
naturally some but material errors. 1t cost the
snug little sum Of nine thousand dollars gold. 1t
came here lao night much 10 tho disgust OF the
Rotary having charge Of the cyphe who wrested with
It nearly oil night OF the document brought by
Mr.. Bodisc0 is the original, and must be correct
Since the notification OF the conclusion and ratification
OF the treaty the government here has commenced no
goIiaons with the Russian American Fur Company TO
liquidate all CLAIMS and assume all the liabilities OF
that company ~ provided by tho treaty Naturally
enough the stock OF the company experienced decided
rise whom the news made public that Russia had
sold its possessions the Western continent and would
make amends to the company for its property and losses
From sixty to seventy per the shares to ono
hundred and eighty, and held firmly ut that figure
The hopes Of tho enthusiast and confident stockholders
tn fe will
not DO likely to pay than seventy eighty per
cent as that Ia really all the stock is worth The
men has selected second and the two have chosen
umpire In whose hands all the papers documents and
years have been placed
Sufficient investigation has not yet been made into tho
affairs Of the company to enable the umpire TO form his
estimates II ia pretty certain that quito decent slice
Of to be paid to Russia will go into the COM
panys hands The affair will be Setted in few days
seems that the United states did not get all tho prop
ery in the country BY virtue OF the treaty. All the
merchandise and property OF the company In America
ous mDss a' General csg sDS
tho company. Tho negotiations commenced
yesterday and continue to-day rhs value Of the prop
srty OF the Fur Company 10 represented 10 me to be
worth about two millions and halt roabes, and tho
company expects to get from the United States about
their buildings, forts, Warehouse docks, ice houses,
ships, steamers and merchandise, besides quantity Of
hundred and 6fty thousand silver roubss
The ships belonging TO the company number four OF
large size and in good order white there are seven
besides large number Of boats OF divers sizes and build
adapted 70 the dshsriss transportation Of merchandise
Tas merchandise consists Of groceries Of all kind,
dry goods, and generaily country store assortm1,
loud passrn 10 attract the attention aad excite the de-
sres u and rugged settlers end the ossgnous
Eco ~. ~ne much sbsusd n a.. frosty rsgoa
notions beads and I'll, in order That ussis Sam shall
kRA CtApAf nr f1n 0aAA hat tAart0 fkn
proa.s have been very hsndcome The settlers, who
indulge In fishing in the summer and laying ice in
make great deal Of money thereby, which, added 10 the
amounts gathered by the sale Of muskrats pelts, &C.
Is country orss There being no theatres Of o.nsr
snusemsnts in the country. the money b judtciousy
ssd uxurss even Of their peculiar NE Tbs imports or
TIE country connsting principally Of merchandise In
ana = nss,y
one-fourh larger The safes Of these country store
sssomsnts Of goods made 70 the cocos and do mot
enter into the transactions properly OF the company
gathered in solid cash and credit The people get
Of ice which amounted more than last year
o. fur amounting 70 over hundred thousand rouoes
s sss sa =: and Z, ana
but which going to the Sandwich Islands for use
there, 70 the amount Of about ~. 900 last year:
The entire product OF Russian America in 1882, which
Is the latest date have yet obtained. was $50. sos
rouDss and 80 kopecks. 1t has very largely increased
oshsr productions The estimate Of lass ysar placed II
million roublss The ice buGrsss may b devsl-
1s d or
cellars already built. which viii come in play 70 great
The Russian company spsnd about three hundred and
churches asylums and other public institutions There
sessions which 60 the United statsA Notwithssnd-
ing the expenses Of the company In thus maintaining
s1sr oSr hundred shoussod oU.s yearly which take
TO b. low figure. II received for long time from the
government hundred thousand roubiss subventon;
but that has been done away with some three years
since Per contra, there Ia little ball OF nearly one
hundred thousand voubls to b psd By the United
and know what ALL, do nos un6srstand Shis bill
mysoIf and send only as general ssa nthe account
report. sapsro coal - the country Three leads were
opened up in sitka itself which produced capital
article. But the best coal Is found on Cana, spell az
correctly a. from the Rusaian) Bay, where Il 10
found immense quantities. Il well adapted for the
Of steamers, and one kind, makes splendid gaA
This II convenient aud can DO worked with great profit
by the use OF capital The only II been
exported 10 tnst the company had No money 10 engage
labor and The mines thus never further developed
than was necessary 70 supply The wants Of the COM
pany and the coonsts The copper mines are rich, 40
are also The iron mines oa, useo sns % asseop
ence get into the country.
scientific engineer visited tue corntry 10 1855 and
carried tools work the coal mines but the enterprise
failed from causes not alluded 70 10 the reports have
seen
government for 1880, 600 in gold, 70 ~hch must be
added the amount likely 70 be paid 70 the Russian Anne
rican Company-say 81 00O, O00-msking altogether
S. 900, " fairly wosth 600 0o0 leaving out the
territory altogether This estimate Is fair and just
one and w rather under than over the mark.
So Me- Seward has not made Q bad bargain arar all.
Having thus given you some itenas concerning the
nev American possession which have obtained from
formation which is being prepared for from the
onical documents Of the company, send you extracts
from the company's agents reports and those ef the
scientific parties who have surveyed the country. As
all In Russian time 10 required 10 obtain trausla-
Extracts from The report Of geological surveys In
Stka the whole eastern Of the possexsions and
the Bay Of Canal will also b forwarded They possess
great interest," In view Of the future Of the country
The data which have been given me can
only be obtained here and IN the compsny's hands
They exist nowhere elss aud the produciion Of
period Of not lees than hundred yesrs. In shs
connection would suggest thss Mr. Seward apply for
ali the documents papers, reports &C. In she possess
of the company ~ they make up ths history, and
ought 70 70 With the Isud