New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1870-02-16
ANNEXATION.
THE SANTANA BAY QUESTION.
HUINE Ut hEFHFNF Y VIZ
-MIITEE OF FOREIGN AIFAIRs.

Seward, Secretary of State of which the following is
| copy
| HOUSE OF REPRESENTATIVES
| COMMITTEE FOREIGN AFFAIR1. ,
| wAsHNGroS, d. C.. FEB -, 1859
NY DEAR SIR II would very much aid the cOnsders
on OF the San Domingo question now before the Com
mee of Foreign Affairs, II complete official state mcnt
dton OF the Republic The subject has come so sud.
denly before that we have not had time to reconcile
ing from the agents OF the Republic NJ Fabsns
me that IL would be easy TO obtain full and exact re-
port and think would In all respects be advantageous
TO have IL; and Mr. Fabens s accredited agent,
would suggest sending him TO San Domingo for that pur
pose
II ought to be definitely ascertaned, also II any
fers OF territory perpetual or other franchises to pr
are contemplated by the Government OF San Domingo.
as such transfers If made to any extent would endanger
proved by Congress In the mean time the examination
Of the question here from such Information as We have.
N P. BANKS. Chairman. &c
| The Hon. WILLIAM II SEWARD. Secretary Of STATE
Pursuant to the request of the Chairman OF Foreign
Affairs Mr.. Seward dispatched Mr.. Fabens to San Do
mlngo with the view OF obtaining all such information
suggested in the letter OF Gen. Banks Especially
he directed TO look into the condition OF the debt OF
the Republic Fsbens remained days IN San Domingo
City. andl Immediately returned to Washington. bringing
the statement that the debt OF San Domingo only
100000 Tor perhaps. few thousand more) but he had
information to communicate to the Secretary OF State
respecting grants concessions and franchises Fabens
himself at that time supposed to be interested IN
| grants and franchises.
Fabens returned to Washington about the OF April
and find Baez his Minister'S and the Consulting Com
mittee Of the Senate making loan the first day OF
May following The contract for the loan made 10
first printed in the Government journal 10Th
Of September 1862 nearly five months after IL had been
made and has only quite recently become known as that
journal has only apryileged circulation. The following
lie statement OF this contract in which the text quoted
| Of the clauses now Of most Importance:
The Government Of the Dominican Republic, desiring
TO contract for loan with view OF developing It's pub
lie works well the national commerce aud industry,
| tween said Government represented by G. Ricardo
Cure Minister OF the Treasury fully authorized TO that
house Of Hartmont Co OF London and all other houses
which may be interested in said loan.
ARTICLE l-Names the amount Of the loan $4,000.
ART 2-With regard TO the interest and the sinking
fund (Which Is finally to pay up and cancel tins loaa
contractors Of this loan the sum Of $500 sterling per
annum payable by haltyearly ipstalments respectively
which loan is to for at least 25 years The first OF
these payments shall be made the 18th June and De-
cember following the emission Of the loan.
ART states that the loan SHAH pc represented 9y
be opened IN London or elsewhere
ART. L. Authorizes Hartmont & Co 10 fix the nominal
amount OF the bonds, the interest thereon. and the
amount 10 be set aside as sinking fund The amount
not TO exceed the annual payment stipulated
ART s. Bonds be OF such denominations as Iiartmont
& Co shall decide STIMULATES that tue bonds Ia he
signed BY the Minister Of the Treasury and are 10 he
provided with semiannua coupons extending TO IS years
and payable at London, Paris and whatever points Hart
mont Co. shall name.
g. The cost Of printing the bonds and the general
expenses OF the loan TO be paid by Hartmont Co
ART. 7. STIMULATES that Hartmont & co. are 10 pay
$4,000 the day OF signing the contract aud the bah
Of the loan within the last SIX months OF the current
ART. 8 All moneys paid account to be deducted a.
ART O. The regular payment Of the necessary to
the settlement Of the interest sinking fund s guaran
teed by the cash in the Treasury Of san Domingo, lis
there is accorded to the holders Of bonds OF this loan
first mortgage these aforementioned classes OF prop
ery. the State OF San Domingo having no other dent
ART 10 Mortgages the Custom.lIouse receipts OF san
Domingo City and Porto Plata, which amount annually
| 10 100000
ART II Authorizes Hartmont Co to appoint agents
supervise the customs receipts each year until the
ART H. Bonds which are TO be paid off consequence
OF annual draw take place at London are 10 be
received cash at the CustomHouse 10 the extent of
ART. l3 The tariff rates on expectation and importa-
ton not TO be reduced without the consent OF the con
| tractors OF the loan
ART. IA AS a supplementary guaranty the Dominican
Government authorizes in favor OF the takers OF TINS loan
a first mortgage upon the coal mines and woods belong
ing the state in the Peninsula OF samana TO the east
ae to the rsss1ry for the exporton Of cnano from
the Isle OF Alta Nela The working Of these mines and
already to senores Hartment & Co.. under special con
tracts the clauses OF which provides that all the
duties rents coming to the Dominican Government
account OF these rights OF controlling and woods
and OF working mines will be paid directly to the holders
OF these bonds which sums are 10 be applied Ia the pay
ment OF the interest upon, aud the sinking nnd OF this
| loan.
the clearinghouse charged with the payment OF me
coupons commission OF l. per cent annually upon the
amount fixed for the payment OF the interest and sinking
| fund.
ARr 10 The contractors are authorized to retain the
funds for the payment OF the interest ana SINK
| ing fund OF the first year.
ART. II. The bonds are not 20 be taxed.
ART Is. The pound sterling 10 rate % francs. The
| signed May /, 1862 EDWARD H. HARrNoSr.
The signatures of President Baez and the Cabinet
| also attached in approval Of the above.
ADDITIONAL CONTRACT ENTERED INTO Between TIE
SAME PARTIES.
| ARTICLE Comedies elOo.ooO IL HaItmont & 20. 10
| compensate for risks. and as commission.
ART. O. Secures Hartmont Co tins snm' even should
they transfer the contract but ia that event no further
| commission is Ia be paid. RlCARDO CuRiEI.
| Signed May ], 1859. hAkihONI * 20
Approved AS above
The contracts above given made and signed abont
a month after Fabens had been down TO san Domingo
and were concluded in quiet. secret manner az rs that
| the outside world should know nothing OF what was
transporting OF the 10000 that were 10 have been paid
down at the conclusion Of the contract only e3oo were
received by Baez because OF certain successes OF tho
rebels in the noghborhood OF ss! co. which interrupted
further payments This appears by the report of the
| Treasury Minister of the Republic. The remaining
have beer paid since but no public statement has
annea red showing who received the money H - kpo"n
however that found its into the Presidents pocket
| The contract for the loan Is still IN iull force
In this connection vel quote the following paraguay"
| from The London Times OF Dee. u
| "Respeeting the San Domingo SIX per cent o",ein.
pent loan for aT57 OoO recently Issued BY Mees feer
| I,wson A Son the following new arrangeMents arc
sfsted 70 have been inade royalty OF ~ yer tun y,
gnano sold in England viii be set asuo ior 'o ~
s ,na ma as tIle ouautty Is expected 10 reach e"o
inns nar annum the whole amount required uor bnfest
& int,ng f,udl viz, $4,000, may be thus secured by
su saia 90 suano spohord. rieston 70 or
| New.York owners of line OF steamers bet"een New
Nrr and the ports OF San Domingo. have bcsn appoint
G sspts Ia collect the Custom duties hypotheeated 10
~ and the collection thus passing nto tie
hands of A powerful American hrin the cOntract oners
| n'nch more satisfactory security than before"