After the decree of revocation was signed, the decree for a new charter
to Randolph and his associates was submitted to the President; but there
was much difficulty in obtaining his approval of this act. Even at this
time the mind of Rivas had been poisoned by evil-disposed persons; and
in discussing with D. Fermin Ferrer the new contract, he said it was
“a sale of the country,” meaning thereby that it placed the government
entirely in the hands of the American element. In consequence of Don
Patricio’s feelings, the translation of the decree for the new charter
was so made as to deprive the grantees of many privileges they required;
and it became necessary to have the first draught of the Spanish decree
materially modified. With much difficulty the signature of Rivas was
finally obtained to the decree for the new charter, and it bore date
the 19th of February, 1856, the day after the date of the decree of
revocation.
Although copies of the decrees had been signed and delivered to Randolph
and his associates on the 18th, the publication was delayed until the
day after the passengers from California crossed the Lake for San Juan
del Norte. Thus Morgan and Garrison had news of the acts before they
were known to the companies; and it was an object to give the former as
much time as possible, to get ready for running their steamer before the
old grantees stopped their line. The advantage of this course was shown
some days afterward; for, on the steamer of the Accessory Transit Company
which left New-Orleans on the 27th of February, more than two hundred
and fifty passengers for the service of Nicaragua were carried to San
Juan del Norte, their passages being paid with drafts of D. Domingo de
Goicouria on Cornelius Vanderbilt, the president of the company. Had the
decree of the 18th gone to New-Orleans before these passengers left—as
it might have done if published a day earlier—they would certainly not
have been carried to Nicaragua at the expense of Mr. Vanderbilt or of the
company. As it was, the price of these passages was so much secured by
the State on the indebtedness due from the corporation.
Public-domain text, read in full here on John Shaqi.
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