The Humming Bird. 60 



Now if the Company instead of limiting itself to raising 

 Co/fee, Cocoa, Maize, Plantains and Cassava, should also 

 cultivate Saga?' canes, Tobacco, Rice and Indigo, it could 

 obtain better results yet ; as competent authorities on these, 

 matters have calculated therevenue of 100.000 hectares plan- 

 ted in these commodities, as follows: 



In sugar canes £ 10.000.000 



In tobacco £ 1-2.000.000 



In rice £ 4.000.000 



Indigo £ 8.000.000 



It has also been calculated, that the products of 100.000 

 hectares planted in maize, plantains and yucca, would be : 



In maize i 6.000.000 



In plantains £ 10.000.000 



In yucca. £ 4.000.000 



Therefore no better commercial entreprise could be offe- 

 red to the public, and the Directors of the Company, are so 

 confident in the success of the undertaking that they would 

 undertake not to receive any money whatever for the pro- 

 moting, planting and working of the Company, until a 

 dividend of 10 per 100 has been paid to the Shareholders. 



After a repartition of 10 per 100 to the Shareholders, 

 an adequate remuneration should be voted in favour of the 

 Directors, and from the remaining benefit surplus, it is inten- 

 ded to make another repartition of 10 per 100 to the Share- 

 holders, 10 per 100 to the Directors, and the remaining 

 80 per 100 to be paid, free of charges to the Panama Com- 

 pany for the termination of the Canal. 



In consideration of this free gift, the Interoceanic Panama 

 Canal Company would grant to the Panama Company, free 

 of all charges and definitively, two hundred and fifty thou- 

 sand hectares of the lands granted to the said Company by the 

 Columbian Government. 



These 250.000 hectares of land, to be selected by the 

 Panama Company, where it likes at any time, according to 

 its wants, in one or several times, at its choice. 



Immediately afterthe openingof the Canal, no more money 

 should be paid to the Interoceanic Panama Canal Company 

 and all the profits, less the 10 per 100 attributed to the 

 Directors, would reverse in favour of the Shareholders of 

 the Panama Company. If the Share and Bondholders of 

 the Interoceanic Panama Canal Company accept this se- 

 cond project, in preference to the first, they should com- 

 municate immediately with Mr Boucard, the promotor of 

 the two projects, as he intends to start for Chicago, at the 

 latest, in September next, to meet there, with His Excellency 



