New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1875-04-08
FINANCIAL INTERESTS.

PACIFIC NAIL AND PANAMA RELATIONS.
TINT OF TIE PRESENT CONrEACT-TiBULAE STATE
MEST OF TIE BENEFITS 10 THE PANAMA RAIL
ROAD COMPANY UNDER PRESENT AID PROPOSED
LELAIIONs.
The conflict between the Panama and
Pacific Mail Companies continues without auY innc
date prospect OF adjustment A conference was held
Yesterday IN NallSt. between TicnVr W. Pdk ana
senator john I. Jones Of the Panama Railroad Company
and Jty Gould representing the Pacific NAH Steamship
Company After considerable discussion Of an informal
character the conference was adjourned without any
result. The contract ~inder which the two companies
are working will CONTINUE in force for Dinctv days
unless both sides waive that fnrnay IN the abroga-
lion The following is the memoranda OF agreement
between the Panama Railroad Company ana The Idcihc
Mail Steamship Company:
The Panama Railroad Company to receive FOR pa
mcnt - per cent all Passengers between Ncs-
YORK aud San Francso each way ~ per cent steer
age. The Panama Steamship Company .tNIng tue
rglt Tx change the tar1h for PASSENGERS 10 ana
from south Aisriea Mexico ana al C%o Or o p0l,s
ANA Railroad Company 10 stand VIZ s?j go1 Tor earn
PASSENGER provided no U*sf "n o s maze ny
o. ali freight from san Francisco to New-Yo,k and
from New York to san Francisco the Paidl Railroad
Company shall receive one quarter aud the Pdcnc ~
steam sp COMPANY OF me %c,1a ie,sh
pnriioa the Panama Railroad Company OF TINS tafH
Dr. Less than E3T Rros ,' Com S The Pate
Mail steamship Company snail make np such deficiency
10 M said limit OF SIS per ton GA all tr5iGht from New
Yotk TO Central Am ricap Mexican. and Californian
rs ether SlD Francisco, aud oice tFTsi Inc ran
Ealoid COMPANY sha reeve , hn" ; u; anu I've
the two companies Jointly 10 all Cases to have the i'i'
lege OF making these tariffs
Pauan. Railroad Company for ighefinG al! goods be
tween shos and cars the same as any o,eer s.eamrhp
The "" Pacfc Mail steamship Company to pay to the
ID RlirO
tariff money they receive either gold or
currency, settlements aud payments to be made
TIC contract bets the two companies, as herein
EXPRESSED last for ten years, subject 10 the Right OF
either party 10 rminae absolutely o1 ~ days EOce
And inasnuch as the Pacific Mail Steamship Company
are expense. exrentins large amonnte OF
the business Of the Panama Railroad Comp4ay Ia cob
hereby agree with The PaclGo Maj Steamship Company
that after paying the expenses Of operating their rail
r"ad aud Of necessary repa ana additions 10 the
same and its rolling stock, machinery ant plant tho
to The Government OF Netherlands, all
oiner expenses aud disbursements and divi.
LenJ 10 their stockholders of u per cent
pcr auuuin tEey will pay to toe Pacific Nal steamship
COMPANY one-half Of the remaining surplus III their
earnings at the end OF each and every year
durIur the continuance OF this contract. vi
Termination OF this contract at GDy Intermediate pcrOd.
then such accom-. shall he made uD 10 The tlle OF sucl
actual termination OF this ARRANGEMENT
The Pacific Mail Steamship Company are 10 run bot
lees rst-class steamships pei mouth, between
san F.uuc-co and Panama, and between Se"-iork ana
ilIy as be same opcratei II the bushes,
rants IT aui tue Panana Railroad Company agrees 10
trst all passengers and freight across ihc ishnuS
Win the usual dspaicb
Freicnts to Panama TO be equally divided between the
two COIpautr. aud charges iOr transportation 10 or
from Asu wall ana NewIOrk for Panama l. ,ilro?i
Coup8Dy to be az the same rates are charged Tor
the Ishnus for supplies. etc.
the Pacihc Mail Steamship Company C-ina add Jaran
rricnts snail Lc divided, OGceiEhh 10 the PdLalna
Railroad Company and sevtn-elghts TO the Pcirc Mail
Steamship COMPANY the snaineh Company u uaAc
la. subject above minimum .Ju licerdgc at the
fnl In PAIL 11I
COMPANY. contract 10 De operated from iVe It u
December, 1874.
The following ,aTa,ive statement OF the Traffic
the Panama Railroad under tne several contracts with
the Pacific Mail Steamship Company has been sub
United:
Tue P.nama Railroad proportion under the present
contract IL as follows: