The true northerner. [volume] (Paw Paw, Mich.) 1855-1920, 1873-01-31
The Purchase OF SANTANA Bay.

I
has fallen in American hands, rendering
it probable that the Island of San Do
mingo will soon follow:
nthe failure OF the Senate to ratify the
treaty between the United States and the
Dominican Republic for the purchase of
the Bay of SANTANA and its suroundingsin
the Isle of San Domingo, Col. j. Warren
Fabens was sent to this country by the
Dominican Government with power to
negotiate with private parties for the
sale of the bay. On his arrival in New
York he entered into treaty with Mr..
Rowland II. Hazard, Jr., well-known
real estate broker, his offer being 10 give
to private purchasers the same privileges
as were offered in the proposed treaty
with the United States. Mr.. Hazard be-
gan the organization of an association
which would purchase the property.
When the preliminary arrangements had
been agreed on, a company was formed
to acquire all these rights by purchase.
The completion OF the company is some
what significant. When this had been
done, draft of the convention or agree
ment which the company wanted the
Dominican Government 10 ratify was
appointed to visit San Domingo and con-
fer with President Baez This Com
mission comprised Capt. Samuels,
Fleet Captain of the Pacific Mail Steam
ship Company ; Mr.. John Scott Stewart,
nephew of Col. Thomas A. Scott; DIR.
$. G.. Howe, the Boston philanthropist,
who accompanied the Government ex-
petition to the island, and b. l.. Har-
rison, formerly private secretary to jeff
Davis. Col. Fabens accompanied these
gentlemen, who went to San Domingo on
/ the steamer Tybee. One hundred and
fifty thousand dollars in gold was taken
by the Commissioners, with which to
make the first payment i'll case the con-
vention was ratified A dispatch was
received from Puerto Plata, dated Jan.
8, announcing the ratification Of the con-
vention, and the return OF the steamer,
which is expected in New York to-
morrow.
The company which has acquired the
extraordinary rights cited, comprises a.
b. Stockwell, Pacific Mail Steamship
Company Paul n. Spofford, Atlantic
Mail Steamship Company Goodner Il.
! Spofford, S. l.. VI. Barlow, Henry Clews,
4 Z.
! G.. X Garrison, Oliver Ames, William Ct.
Fargo, DR.. 5. q. Howe, and others. DIR.
Howe was designated as the resident di-
rector of the company, who will have
charge of the departments of Charities,
Correction, and Education. Col. Fabens
has been appointed Resident Governor
ut SANTANA. The name of the company
is the SANTANA Bay Company of San Do
mingo. The capital of the company is
$40, 900, 900. The convention is volum-
nous document, including many details
relating TO the government of the COM
pany. The important parts are as fol-
| lows
The company is authorized to issue
bonds to be secured by mortgages ON
any property that it has now or here
after may acquire. The company has
full power To acquire by purchase, or
otherwise hold and own property of any
kind whatever, either real or personal,
on the Island of Domingo, or elsewhere /;
TO sell the same, or mortgage, lease, or
let the same to carry on every kind Of
trade, every kind of manufacturing and
mining, and to do all manner of COM
mercial, insurance, and mechanical
|
atoms, on all parts of the Isle of ST.
Domingo, and the company may issue
bonds in the furtherance of these OBJ
jects, for the purpose of securing for
the island population which shall rem
der efficient aid in developing the re-
sources of the country and contributing
to the increase of its revenue
The convention gives the company
authority to issue special railroad, canal,
telegraph or other bonds, to be secured
by special mortgages. The company
shall have the right of way all over the
island, to construct It's improvements
everywhere, and all the lands so granted
by the Dominican Government on ac-
count of such improvements shall be the
! sole and absolute property Of this com
pany, and their asslgnees forever.
The convention went into effect on the
lst day of January, 1873. The treaty
between the Dominican and the United
! States Governments stipulated that the
| United States should pay $3.50, 900 in
gold annually. The SANTANA Bay Com
pany convention provides for the same
payment. The convention as ratified
confers the most extraordinary powers.
/ anu tiI'IC Nttll Il'D D'ti ~ lIlt company
| absorbing the whole island.
1t is proposed to institute the Massa-
chusotts system for town governments,
but what will be done as to the central
authority is not yet determined.
Reporters Gen. Grant concerned
in the transaction?
Mr.. Hazard-Not in any way. He was
not consulted as to the movement We
know that the project would be favorably
entertained by him, but he is no wise
connected.
1t is said that the new company has
already sub-let the privilege III the Bay
of SANTANA, for which they will receive n
sum equal TO the annual amount required
from them, and this lease does not cover
one hundredth part of the available re-
sources of the same nature, to say moth
ing of the other almost illimitable ca
pacity for development on land.
A Boy on The Turkle."
This animal is found most always in
tbo ,,-o4ar owl +bpD La Comes an dry