New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1895-03-07
TRADE IND FINANCE ABROAD

Work l., soon 10 begin on the construction OF the
Simplon tunnel. the longest to be p'erc"i ""ue'
the Alps The Swiss papers puoIlsh u'''"'e a."
formation concerning that gigantic work Inc
mans have been approved by the Rundesrath' OF
Federal Council as they were presented by inc
Jura- Simplon Company. The length Of the tunh''
will b. 1851 metres. against 1881 OF the o.
Go,hnrd. II will cost Gj"1.r0 francs. mere WILL
I'm fact h" two tunnels with one track eic"'
the axes being % metres distant on parallel me
ono - ,h.n, must be ready within five and hair
wears and he other -four years after thc cooiIPle
lion OF the first fine OF 5000 francs IS TO be IN,
posed for every day OF delay, and a bounty OF me
same amount Will be pad ior eVe err n"i e SvIss
station OF Breg: II crosses the "massit OF Monte
Leone in a northwest TO southeast dirs.toh, anu
the village OF Iseles. about p klomsFTrS ron ron
Domo dOssoa. the terminus OF the I'a''"h '"''-
way
The ",iaceta" Of Madrid published on February
2l the official text Of the law TO assist the sugar
industry OF Cuba. That law orders the cancella-
ton OF the called industrial i,pnesto wn zen
was levied upon the sugar and niolasSeS oil the
island at the rate OF 10 cehtaNo''
Tho cable. which is to be laid in order to fac-
tate during the Madagascar expedition direct com
municatlon between France ana the invading army
ia about to he transported from Marsciles to the
African island 1t Will serve also for mercantile
dspatchea though the state OF war Will not permit
much business to be transacted in Madagascar. The
cable will be laid between Majunga and Moran,
hique the Portuguese colony ON the mainland o.,
he Dark Continent and It is expected that 1t viii
begin to be operated in April
The quickest Passage between Rio Janeiro and
Montevldco was made recently by the British
Royal Mail steamer Magdaena. There was. in
decd a race between that vessel and the French
steamer Rres. The Magdalcnn left Rto TWO hours
after the Rresil sighted ovcrha ued and passed her
arriving in Montevideo after remarkably quick
passage OF sixtv-four hours
At this time. when some rubber factories like
that at Woonsocket. X. l.. closed. and atten-
tlon is otherwise called to that staple, mainly pro-
duced IN Spanish America. IL may be interesting 10
hear of a possible competition from an unexpeceu
place II IL reported In the Paris papers that a
process has been discovered IN france 10 eAua ~
from herb or grass very common ,ne.r Tha
Der analogous To the article already kfoWh IN. nc
bo,ansts call that plan; or herp nsntlv upon
French soil 1t furnishes, when treated cheI,any
an castle substance possessing all the charac'etS
ties OF rubber
The colonization OF some 2,CCo Americans III inc
State OF Vera Cruz. Mexico, is spoken OF as eN-
pectcd by the newspaper organ of the township OF
Gutierrez Zamora 1t says that one OF the large
'hacendas." or plantations near that place mas
been divided into lots portion or when were
purchased By Spanish capitalists VINO VIII ihdus'
! American immigrants to settle there. The prin
cipal culture OF the district Is that OF vanilla, pu
| the inhabitants manufacture oilcloth ana othei
articles Shen IT Is impossible to work IN the heids
| The city OF Port de Paix. which dispatches re
| port as having been burned recently. was pros
| porous and had greatly developed within the las
| ten years II town OF from l2VO TO lo,W
| Inhabitants on the northwest seacoast OF liayti
| There we're 900 houses, only nfty OF which were
standing after the fire. In 1855 Port PAX pos
, sessed not more than ten foreign residents, anc
| two French Last year there were more than ~
Freifch residents and about fifteen large commits
coffee. cocoa etc. carried mainly with New
York and Havrs