The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1882-02-09

THE PROTECTOR STATES HIS CASE TO THE
HERALD-SHIPs TO De wHIRLED ACROSS
THE IsTIIMus WITHIN FIVE YEARS THE
QUESTION OF BRITISH OR AMERICAN CON-
TROJ. OF THE TRAFFIC.
In letter to the New York He'Gh, in
which he clears up what might have been
calculated to mislead the general reader'in
an article from that journals Washington
spondent, Captain j. b. Eads gives
some interesting facts about his great pro-
jected ship canal.
"Your dispatches from Washington y
say-first, 4" that the House Committee on
Commerce had decided TO report adversely
upon INV bill -; second. 90 that ii was said
I was going 10 try TO get the aid OF the Eng
fish Government and third, Z" that any
alienation, mortgage, or transfer to for
-eign Government, OF because OF It's becom-
ing partner. would work complete void
ance 'oi my concession from Mexico
The first and second statements are erro-
neous, and the third misleading.
i have no anxiety whstseyer ABOUT raising
he money with which to build the road.
II live five years longer, | shall transport
the larrest-loaded vessels from sea TO sea
across the Isthmus OF Tehuantepec,
whether the United States contributes one
nickel in aid of the enterprise or not. To
do this il is not necessary that shall alien
ate, mortgage. or transfer TO the United
States or TO any other Government any
right granted by Mexico, nor do | expect
TO take the United States or any Other
Government into partnership with me.
have no intention Of appealing to Tho
British Government for aid in this
matter. Should an American or a Bri-
tish board Of directors OF the company,
when it is organized, choose to ap-
peal 10 the British Government for the as
sistance which is asked OF the United
States. il will have the right TO do so, and
10 receive such aid under the terms Of the
concession, without FORGETTING single right
which Mexico his granted, il the United
States shall have then declined my propO-
Aition. II is proper for my comtiymcn to
understand distinctly that my grant is from
an independent nation, and not from one
OF the Central American republics, which
are under the protectorate or suzerainty
Of the United States, and which are in
cludcd in the terms of the CLAYTON
Bulwer treaty. The concession author
ICES me 10 form a company which shall
be- distinctly Mexican, no matter what is
the nationality OF its stockholders, and 1t
gives it the right to charge whatever tolls
il pleases, so they do not exceed what Is
equivalent TO about IS or $40 per ton on the
cargo carried by the ship. Ii leaves it as
free to alter It's tolls as The California rail-
way TO New Orleans Is 10 carry grain for
nothing 10 that port when the harbor OF
San Francisco is full Of British or Ameri-
can ships, and to charge any price IL chooses
when 1t has thus destroyed their COMPETE
fion.
Article 81 OF the concession Is Us follows
sin consideration Of the magnitude OF
the work, Eads or the company may obtain
aid from any foreign Government, either In
money or In guarantees, and may hypothe-
cate the net revenues to 1t, and may trans
port lis mails, ships. property, and appnrte-
nances, free OF charge, and may reduce the
tariffs on its commerce and the prices Of
passage. In this case making the same re-
duction 10 the commerce OF Mexico"
The same article gives 10 any Govern
ment entering into such agreement with
the company the right 10 enforce II IN the
courts OF Mexico. / offer to carry The
commerce OF the United States for ninety
nine years across the kthmus at hall the
rates that shall be charged ON al DINER
commerce but that Of Mexico, and Tor ms
] ask the guarantee OF per cent. ollyi-
dends for fifteen years on s50.000,OOO OF the
capital stock OF the company. For any mo-
ncy advanced, under the guarantee The Gov
eminent Is 10 receive bonds payable IN Di-
teen years, and IN the event OF their nom
payment at maturity, they are 10 We re-