Minister Merry to Acting Secretary of State Loomis.

No. 1045.]

Sir: I have the honor to forward herewith copy and translation of an excerpt from the treaty of commerce and navigation recently signed at Managua by the representatives of Great Britain and Nicaragua. You will note that when it becomes operative San Juan del Norte will cease nominally to be a free port. This is a matter of no possible consequence to our interests and will not unfavorably affect our commerce with Nicaragua. The excerpt of the treaty, translation of which accompanies this, is from El Diario de la Tarde, semiofficial daily journal published at Managua, and is sent in preference to awaiting publication in the Official Gazette, which may be delayed.

I have, etc.,

William Lawrence Merry.

Inclosure.—Translation.]

excerpt from a treaty of commerce and navigation.

* * * * * * *

His Britannic Majesty and the Government of Nicaragua have agreed upon the following:

“There shall be reciprocity of commerce and navigation between the dominions and possessions of the contracting parties. The subjects or citizens of both shall have full liberty to enter with their vessels and cargoes to all the ports of the dominions or possessions of the other party, in which shall be permitted the entry of the subjects or citizens of the most favored nation, and shall enjoy the same rights, privileges, favors, immunities, and exemptions of these.

“The privileges of the free port of San Juan del Norte are annulled. The port will continue open to commerce, the facilities of navigation will be maintained and improved, and there shall be established a sufficient number of warehouses for the deposit of merchandise in transit. The port will be under the same conditions as the others of the Republic in respect to the duties and imposts and regulations regarding navigation and foreign commerce and municipal taxes. It is declared that in all cases under the treaty there shall be granted the rights of the most favored nation, being excepted the Republics of Central America. It is declared that the stipulations arranged in regard to the port of San Juan del Norte shall have the character of perpetuity.”

The remainder of the treaty that follows is more or less the same that is conceded in all the commercial treaties of the world.