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Page 529 - States guarantee, positively and efficaciously, to New Granada, by the present stipulation, the perfect neutrality of the before-mentioned isthmus, with the view that the free transit from the one to the other sea may not be interrupted or embarrassed in any future time while this treaty exists; and, in consequence, the United States also guarantee, in the same manner, the rights of sovereignty and property which New Granada has and possesses over the said territory.
Page 717 - ... of stock in the canal, on the issue of stock; the state to receive, for the first twenty years, twenty per cent, annually out of the net profits of the canal, after deducting the interest on the capital actually invested, at the rate of seven per cent. ; and for the re» maining sixty-five years twenty-five per cent.
Page 698 - The government of New Granada guarantees to the government of the United States that the right of way or transit across the .Isthmus of Panama, upon any modes of communication that now exist or that may be hereafter constructed, shall be open and free to the government and citizens of the United States...
Page 529 - And, in order to secure to themselves the tranquil and constant enjoyment of these advantages, and as an especial compensation for the said advantages, and for the favors they have acquired by the 4th, 5th and 6th articles of this treaty, the United States guarantee, positively and efficaciously, to New Granada...
Page 558 - Colombia, with her constantly recurring squabbles, better able to fulfil any international obligations she might assume in the premises. Without intending to cast any slur upon her, or to doubt her honorable intentions, all — herself among the number — must own that it would be extremely dangerous to lean on so weak a reed. The question therefore occurs, and must soon be solved, What is to be the future status of the Isthmus ? A strong government is doubtless a necessity, and must be provided...
Page 711 - The canal, to be on a scale of grandeur commensurate with its important uses, should be cut sufficiently deep to allow the tide of the Pacific to flow right through it, across to the Atlantic; so that ships bound from the Pacific to the Atlantic would pass with the flood, and those from the Atlantic to the Pacific with the ebb tide of the latter.