IRailwags. 219 



23. " VERACRUZ & BOCA del Rio RAILWAY." 



Subsidy acknowledged on n.Mi kilometres at $8000 per kilo- 

 metre $92,032 oo 



Paid for, cash $83,000 oo 



In 3% Bonds 9,032 oo 



Total payment $92,032 oo 



24. " TULA, ZACUALTIPAN " (State of Hidalgo), and TAMPICO 



RAILWAY. 



Subsidy on 70. kilometres at $8,000 per kilometre $560,000 oo 



The whole amount paid for in $% Bonds, of which $285,000 

 were outstanding on the 3Oth of June, 1896. 



25. " MATAMOROS IZUCAR " (State of Puebla) and " ACAPULCO 



RAILWAY." (On the Pacific coast.) 



Subsidy under contract of March 22d, 1895, on 40 kilometres. . $988,776 49 



Paid as follows : cash, for the amount of 2% in- 

 terest annuities paid to the Company in 

 conformity with the original concession ... $111,370 62 

 In 5$ Bonds, according to the above con- 

 tract 877,405 87 



Total payment $988,776 49 



26. "LOWER CALIFORNIA RAILWAY." (From the town of San 



Quintin to a point on the " Mexican Central," Chihuahua.) 



Subsidy on 20 kilometres, payable in 6$ Bonds at the rate of 

 $8000 per kilometre, the said Bonds, afterwards converted 

 in conformity with the corresponding law of conversion, 

 were taken by the Company under 10% discount off their 

 nominal value $177,777 77 



27. " MONTE ALTO RAILWAY." (Starts from the town of Tlalne- 



pantla, on the Salto branch of the " Mexican National," 

 towards Alizapan and Villa del Carbon.) 



Subsidy on 10 kilometres at $6000 per kilometre, payable in 

 6# Bonds taken by the Company at the rate of 90$ of their 

 face value $66,666 66 



28. TEHUANTEPEC R. R. (Between Coatzacoalcos on the Gulf of 



Mexico, and Salina Cruz, on the Pacific coast.) 



COSTS OF CONSTRUCTION TO THE MEXICAN GOVERNMENT. 



I. CONTRACTORS, EDWARD LEARNED & Co. (Contract of June 2d, 1879.) 



35 kilometres, of which only 25 were paid 



for, at $7500 $187,500 oo 



The Learned contract was rescinded by 

 the Mexican Government on August 

 i6th, 1882 ; but by agreement ad- 

 justed with J, Tyng, as representative 

 of the contractors, who received the 

 following payments : 



