At length Macdonald arrived again from San Francisco, and W. R. Garrison from New-York, and it was decided that the blow should be struck. Randolph had been living at the house of Niña Yrena, and was in bad health; therefore Walker went to his room in order that they might draw up the decree of revocation. It was necessary, in an act of such importance, to state clearly and fully the causes for it, so that it might appear properly before the world. Hence the considerations of the decree were drawn with no common care. As the Accessory Transit Company held its charter for the sole purpose of facilitating the building of a ship canal, the destruction of the Canal Company implied the destruction of the Accessory Transit. Hence the decree recites the failure of the Ship Canal Company to perform its agreements. The company had agreed to contract a ship canal across Nicaragua, and it had not only failed to commence the work but had declared it impracticable; it had agreed to construct a railroad, or a rail and carriage road, in case the completion of the canal was not possible, and it had done neither one nor the other; it had agreed to pay the Republic annually ten thousand dollars, together with ten per cent. of the net profits on any route it might establish between the two oceans, and it had failed to pay these amounts, falsely and fraudulently alleging that no profits were made and no commissions due; and finally, it had been notified to appoint commissioners to settle the matter in dispute between the State and the company, and had expressly refused to comply with the demand. If failure to perform its obligations, coupled with falsehood and fraud in its dealings with the government, and accompanied by marked contempt of the sovereignty from which it derived its existence, were insufficient to warrant the revocation of the charter, there is small merit in law or its remedies.