New-York tribune., 1870-08-27
MEXICO.

PROTEST FROM THE ENGLISH BONDHOLDERs RE-
sPECTING THE TEHUANTEPEC CANAL CON-
CESSION-THEIR CLAIMS REJECTED BY THE
NEUTRALITY-SUSPICIOUS. CONFLICTS.
lFROM OUR OWN CORRESPONDENCE
Protest Of he British BondholderS against the TehaGnte-
pee Concession.
MEXICO. Aug. 11.-Wm. w. Holmes, Secre-
tary Of Committee Of Bondhoders in London has re-
mtted to President Juarez protest the importance OF
which warrants my giving the text in full 1t is fol-
lows:
"By this public deed and protest know all men whom
it NAV concern that on the l4th OF May $780, before me-
Edwin August Burwash, notary public, in the city OF
London. appeared Henry Brinsley Sheridan esq, MEM
Der OF Parliament, in his right and in representa-
ton of the other members OF the Committee OF Mexican
Bondhoders, of which he is President, proceeding in
their nae who representatives of the holders of the
bonds emitted by the Mexican Government in 1851 and
1904 view of the alienation projected by the Mexican
Government Prospecting certain properties and national
rights which contained in the concession OF the Canal
of Tehuantepec across the Isthmus Of the name
without due reservation Of the right Of mortgage
qued in said territory by the holders Of the bonds Of
1851 and 1854 Notwithstanding that the obligations
pressed in said bonds yet unfulied and unpaid the
creditors Of the Mexican nation Therefore, said Henry
Brinsley Sheridan now manilests:
First That by the tenor Of said bonds of 1851 and 1864
the of Mexico undertook to pay interest at
the rate Of three per cent the respective OF
RlO2i G5O and 24S6isOO, pledging security for the
same in case Of needall rents of the State and firstly
beside said several mortgage another especial and dis
tinct of the fourth part Of Custom dues wherever
recovered rs per cent Of the export duties In Pacific
pors and five per cent OF the duties in the Atlantic
ports.
Seeond That at this date the interest OF the last three
and half years is overdue, and the Mexican Govern
ment has taken no measures to effect the payment.
"Thrd: That in consequence OF said remissress the
holders Of bonds OF 1851 and 1864 have become special
creditors against said Mexican nation, with right of
mortgage each and all Of the national properties OF
the Republic, whatever may be their class situation
kind until the complete payment Of the aforesaid claim.
'Fourh: That the right to construct canal the
Isthmus Of Tehuantepec, being a valuable property of
the Mexican Republic in the national territory Of the Re-
public, this right in common with all the rest remains
subject to the mortgage while the obligations Of Mexico
with the bondholders are not entirely fulfilled.
'Fifh: That the mortgage extends equally TO all the
lands all the rights mines and waters which may
have been included in the above-named concession,
whether it may be made in perpetuy, subecting it TO
the payment of a rent or any other fiscal duty.
"Sirth That the mortgage also extends 10 all the
emptons from from Customs dues made to the parties
receiving the concession, whether these DO rel
atiye TO the introduction Of effects and
materials during the construction of the canal,
or whether they may relate To the future traffic in
it, and especially because the Customs dues OF the
Republic constitute particular and distinct guarantee
which enters in the property of the bondholders while
their creditors are not satisfied.
Therefore the aforesaid notary, at thei request OF
said Henry Brnsey Sheridan, acting in his
and in that Of other holders of the bonds issued by the
Mexican Government In 1851 and 1884, have protested
and do by these presents solemny protest. both against
the Government Of Mexico also against all those whom
il NAV concern regards the alienation, whether pro-
posed or effected OF all any part OF said property Of
Mexico for the reasons herein expressed, for any
Others reservng said Sheridan his rights also those OF
all the other parties interested TO obtain the complete and
satisfactory payment until the extinction OF the mort
gage by all legal and equitable means, before the tri
bunals Of Mexico, America or OF England according
the said Henry Brnsey Sheridan and the
ed parties may deem proper"
The Finance Minister, sehor Don Matias Romero has
given the following reply to Mr. Edward j. Perry who
the agent in this capital for the bondholders;
Secretary OF state and Administration OF Finance and
Public Credit, section 2nd Mexico July 10, 1870.
Your communication Of 18th June has been received
I'm this Ministry with which you said compliance with
orders which you received from the Committee Of holders
Of Mex xcan bonds In London, protest name the l.th
NAV last by Mr. II. B Sheridan President Of said Com
ittee. before public notary Of London. By reason VI