Mr. Seward to Mr. Dickinson.

No. 82.]

I transmit a copy of a letter which has been received from William W. Webb, esq., president of the Central American Transit Company, and of the extract to which it refers, from the London News, which passage seems to have given some uneasiness to the company.

The subject is commended to your vigilant attention.

I am, sir, your obedient servant,

WILLIAM H. SEWARD.

A. B. Dickinson, Esq., &c., &c., &c.

[Page 546]

Mr. W. W. Webb to Mr. Seward.

Dear Sir: I beg leave to forward you a copy of the London Times [News] of the 9th instant, with a passage marked on page 5, to which I desire respectfully to call your attention, concerning an interview between Captain Pim and certain other parties, with Lord Stanley, on the subject of a projected railroad (British) across Nicaragua. We have never regarded the project of Captain Pim to build a railroad across Nicaragua as possible of accomplishment on its merits as a mere commercial speculation; but the question assumes a different Character if the British government should support it on political grounds.

Our minister in Nicaragua, Hon. A. B. Dickinson, protested to that government against the Pim scheme on the 14th March, 1855. It would be of great injury to our interests if any such scheme should acquire character and credit from the support which is said to be given to it by Lord Stanley, if even it should ultimately be abandoned.

The fact of such a scheme being in existence and so supported will place more than ordinary difficulties in the way of our company to carry on the improvement of the harbor or San Juan del Norte and river San Juan, to which we are devoting our energy and means. The opposition of the Panama Railroad and the Pacific Mail Steamship Company to establish a monopoly has always to be encountered by us.

We are necessary to California, to keep down the old monopoly prices for transportation of passengers, freight, and government troops; but we work to disadvantage and under much discouragement, if, in addition thereto, we have to encounter the weight of the political influence of the British government in this scheme of Captain Pim in Nicaragua.

I have the honor to remain, dear sir, yours, very respectfully,

W. W. WEBB, President.

Hon William H. Seward, Secretary of State, Washington, D. C.

[Untitled]

A deputation on the subject of the Atlantic and Pacific junction railway across Nicaragua was received by Lord Stanley, at the Foreign Office, this afternoon. The project was explained to Lord Stanley, in its various bearings, by Captain Pim, Captain Maury, and Mr. Pollock. His lordship stated, in reply, that he considered the matter one of great importance, and that he regarded it very favorably, at the same time promising to give the documents laid before him his careful attention, and to communicate fully with Captain Pim on the subject, without delay.

A telegram just received by the Varner Railway Company announces that the line has been accepted by the government, and was opened yesterday to the public.