Show EAD3 SHIP RAILWAY Icxluo Docs the Biff ThIng for the Captain New York 4Tbe Tribune Captain vads has completed his negotiations with Mexico for the construction of a ship railway across the Isthmus of Tehaun tepId bnd has received the mo t liberal concession it has ever granted being a strip half a mile wide with a mile in width lor station having him un ram meted as to the plans and execution of the work which ij to be commenced within two years acd completed in twelve years Government also grants a subsidy equal to 1000000 acres of public Mids It alto gives him the right to onsolidVo the Tchuuntepec Railway now being constructed by Leonard and others wth the ship railway on such terms as may bo agreed upon between them and in such event the location of the Tehsunloooc Eiiway may ba altered hired ai desired by Esd Tho Tehaun tepee Railway Company a subvention subven-tion amounting to about 515 000 to be paid by the Mexican government cus tOI1 boue certificates end has also a large and grant In CJSQ of tbe acquisition of this railway its obligations to the Mexican government are tu cease and the subvention would then atUch to the ship railway The duration of the grant is metynine years at the termination of which government is to tako poisetiion of the works and pay twothirds their value Permission is given to Eids to hypothecate tee rvonues of the railway to any other government which he may elect to aid him by money guarantees in its construction the intention being to secure the cooperation of the United States with Mexico in the contract of the works as this is regarded by leading men in Mexico as the American route cross the isthmu and the one in which these two republics are most vitally and directly interested |