New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1875-05-24
THE PANAMA RAILROAD.

In view of the very general interest manllested
IN e existing disagreements between the Panama Kali
road Company and Pacac Mail Steamship Company ana
in view CT tic probable fact That the real tenure by
yhisn the Panama Company holds the railroad ard
fAncise which i at present operates Il Dut lte hho"
or understood, make now room Tor inc following tx
,es from the contract made July ;, 1867, between
Tie Government of the United States OF Colombia ana
the Panama Railroad Company as cohhrihcu D! INV
orumental Decree" OF Aug 16, 1857, being re,orma-
. az that cnutract OF ATrn -, 1892" Article |. Of
sid contract Of 1867 rectes that the said Goverimeht
comedies 10 the Panama Railroad Company tho use and
ssessiOn for 90 years. % the railroad etc, e'e CON
,tructed by it," Article r. Binds the Government 2ur-
Ing the time that the usive privilege Wheh Is con-
eeded 10 the Company fcr the working OF he railroad
remains in force >onsrct, nor to coeedc 10 any
nerson or company by nv title whatever, be power TO
establish any otherr i-pad the Isthmus If Panama.
AMI also stpuates he only condition upon when any
maritime canal constructed and worked during the
same time. Article II prcscriDes the compensation OF
and ,ice foI these concessions TO be million OF dol
lars in American geld in bills on NeVHOrk payable IN
same kind and the payment OF al annual rental OF
$4,000 IN American gold payable quarterly. Article
Ky Xxx and XIV refer TO the establishment OF a fixed
,arif OF rates and are follows:
Article XIV The tariff of chazges and freights on
money carriage merchandise and transport OK travel
ers over tie railroad board and storage in the depos
md esiabs ents OF the Company shall De IKEA Dy IT,
ana ol,n As n may deem best Tor It's interests but IL
shall he uud To INFORM the Local authorities OF said
ars and u,.diucIions with al least 80 days previous
/ notice.
AKT Ky. Colombian productions shall be transporter
by the railroad dulng the nrst 20 years 0t thls contract
having only the rates OF freight or Transports.
ion prev lOusy nxel by tie Company Tor foreign prod
uots o the same Glass; bu Inl5 'eIn Dens tse
they sbail pay charge or freight not exceeding Two
thirds vi that previously nYed III tie taflh Oh ule coH
any-tagln At which the Company cannot increase Ii
! flture 10 ., ..ild 10 Colombian productions.
Ar XIV lac com pay binds ltseh 20 execute con
gtauy, HIil al cafe pun, tAAIlty anu ceoI,'y, tue
i TRANSFORMATION travellers cdltle, iloA cAlolsc
! .l- .G Ill
H. paynsnJ BENZ llalo O the charges anu prices %
,lI.rt.un that NAV be liked IN the respective tri
The sSon Oh lnia Article Is neVertlerss no ODstcle
Ia the COMPANY eg.crlng INTO special contracts ioI tAe
a t.clcs whose DulA Nt.eAt Or cAtep
t,oai nnturc do uOI allow OF their iel.As being liked
| beforehand
VIII be observed that each one Of the three preced
Ing articles distinctly recognizes the establishment OF
axed tarG for passengers and freight which can bt
changed only at the expiration of 80 days houce u
the local authorities" and that Article 20 provides fo
an a,-e,;.o u f! OF s,ecal rates for articles OF grea
bls lac locomotives. &C. LIS alleged that the Company
for nlnbel ycAs pas. Lave utterly Aaltg@rSd .Ao-'