The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1868-10-17
IMPORTANT FROM sovTa AMERICA.

IMPORTANT FROM SOUIN AMERICA
>~r~~~~~~.~~~~>~o,~~>~~
The Commerce or Bolivia and Of tho Amazon
valley Thrown Int tho Hands Of the United
States.
La PAz, Bolivia Sept. II, 1868.
In my Last promised you the terms Of Q conces-
sion lately made BY Bolivia for the opening Of her
Amazonian afiuents TO American enterprise. They
are as fouows:-
ARTICLE I: Colonel George E. Church. engineer.
OF New York, binds himself to organize company
with other vessels tho Bolivian rivers which are
tributary 70 the MADEIRA the principal auent Of the
nented according 70 the demands Of the enterprise,
ARr.2 This association shall be called the National
Bolivian Navigation Company.
ART. .. within me term OF twenty-one months,
notified that the privileges mentioned In articles four
eight and nine have been obtained from Br Zil the
company Is Obliged to place al tho first rapid Of San
Antonio, on the river MADEIRA two steamboats, OF the
following proportions:-Of from fifty to seventy tons,
drawing from twenty to thirty inches OF water and
passengers. These steamers shall consist Of pieces
which may be transported past the rapids APPOINT
Of Bolivia agrees to furnish the number Of indians
necessary transportation OF the pieces Of the
steamboats, It being obligatory upon the to
pay the work and salary OF these. Before or after
the term OF twenty-one months the company
shall send the engineers necessary for the examine
ton and detail ed study OF the rapids aud to make
the plans required for their canazattOn.
ART. 4. The government Of Bolivia binds itself to
negotiate with the imperial government OF Brazil
the right to canalze the rapids which are in Brazilian
territory, or to remove the obstacles which form
them Dy means OF iaeIai Canals OF Ia ane na1ner
MADEIRA from impeachment; the Bolivian government
to transfer this same right to the company. II Will
also negotiate the free transit from Barba on the
MADEIRA to the OF Bolivia, and vice versa, for
all vessels employed or belonging to the company or
which may come consigned or In freight to Its &C
count under any flag; as also to establish port OF
embarkation and Decentralization, free OF imposts
Of Sa s 90 as ao H h peod Of
canalizatiOn open by land the roads which may be
necessary to avoid said rapids.
canazatlon Of the rapids which may be In Bolivian or
Brazilian territory the latest within the six months
following the arrival OF the first steamer. The Bolivian
government VIII furnish the labor necessary for the
work Of canalization OF the rapids, the company
bearing the ~ "a, and salary OF the aOores al
ART. 0. The Bolivian government comedies In
favor OF the company The following privileges or
rights:-
square mile Of State lands and Al the points where
up
then sn ma" q p , II as S III.
$1,000 s6id the day upon which
upon Of the premium offered by the
government comedies the company the right
4s sn0n
Il he Of the
this collection advantage OF the
The the the free
SI
dss and win a S One s
a Ss WIN s @ 81 Tie may s ss
from lump @ Sy The Clearing rapid. being
possible to class Of mposs up 20 this time This
the merchandse imported BY duty By
i've years in the following article have expired.
ART. 7. The National Bolivian Navigation CON-
pany shall have the exclusive privilege for twenty
five years to navigate the rivers Of Boivla ailuents
OF the MADEIRA This privilege shall date from the day
upon which the present contract may be approved
by the government, and shall continue twenty-five
years after the government Of Bolivia notifies the
company that 1t has obtained from Brazil the priv
This term expired the company shall have the prior
right (derecho del tdnt0 to any concession which 1t
Without wshna 10 - avail tsef Of this rirt 4 shall
enjoy forever the free navigation Of the same rivers
ART. s. IN reimbursement OF the expenses which
the company has to bear in the clearing Of the
rapids tao government cedes to 1t the right to col
lect OF the vessels other than those OF the company
S S Which shall ne Se sss s 1 cents ss
which shall be established by common consent be-
tween the government and the company. me 30
vian government binds itself to negotiate an equal
right from the OF Brazil WIN respect 70
cend or descend to Brazilian territory.
ARr Q. The company shall maintain all the
rations concerning them after the twenty Ave years
OF the privilege For these expenses 1t will have the
right to collect from the embarkatons mentioned in
the previous article sum sufficient to cover these
expenditures Ii can also recover sum a iesnaa to
amortZe the capital invested In the canalzaton and
d1r tne payment Of me interest providing that this
lied before the expiration Of the twenty-five years,
with the dues established in article eight The
amounts to be collected shall be established by com.
mon consent between the government and the COM
pany.
term OF the privilege can any importation duty
be demanded upon the machinery, instruments and
other objects which may be destined for the partcu-
lar use OF the same.
ART. 1.-THE company will have the right to cut
canals and build cart or rail roads between The ports
and the centres OF population OF industry under
an especial contract with the government, and shall
be the desire to make to any G0ncessionist COM
pany. The company ccdes live per cent OF the net
gains which may accrue for the construction and
repairs OF the state roads between the centres OF
population and the stations OF the same company
and also for the Improvement OF the navigation OF
the rivers. The government will name one commits
sioner and the company another to appropriate the
product Of said I'VE per cent to the objects
pressed, without power apply IL in u different
manner. In case OF non agreement between the two
commissioners relative to the inversion OF this pro-
duct the company Will definitely resolve the DIFF
ference.
ART. ~. The company VIII tx the tariff OF frcights
and passages, subectng Itself to the following con-
dltions I'm the nrst five years from the date at
which the steamers commence running the freights
shall not exceed twonids part Of the freshts actu
shall be In the proportion with respect to price
and travelling expenses. For the subsequent years
the tariff shall not exceed the half OF tue same
freights, price and travelling expenses which arc
pad to-day.
Aar. 10. The general direction OF the company
SHAH reside In the United States OF North America
and the president and directors shah be named by
the majority ofthe stockholders counting their votes
according to the shares they may hold Tho govern
ment has the right TO name director to represent
Bolivian interests and shareholders. For the present
Colonel Quintln Quevedo Is named rs said director.
The president Of the company viii annually forward
general balance showing the condition Of the on.er.
prise.
ART IA. The Bolivian government will have the
right to send two employees IN each round voyage
OF the steamers without payment OF passage, and
when the number may be greater the company Will
reduce the passage by one-lOurth part excepting
armed troops, which Will be carried for the fourth
part OF the regular passage.
ART IS. The company will carry tho mail under
an equitable contract with the governments