485 
APPENDIX. 
Terms op Concession concluded in 1859 between His 
Majesty the King and Commander Bedford Pim, 
Royal Navy. 
Our friend Bedford Clapperton Trevelyan Pim (a Com¬ 
mander, Her Britannic Majesty's Navy, at present com¬ 
manding Her Britannic Majesty's Ship r Gorgon,' stationed 
in the West Indies), having called our attention to the ad¬ 
vantages which would result to our country of Mosquito by 
the construction of a railroad from Monkey Point to the 
Lake of Nicaragua as a certain, sure, and rapid means of 
transit from the Atlantic to the Pacific Ocean, and, having 
also given us to understand the practicability of his carrying 
out this project, either by his own exertions or means of 
certain capitalists of different nations, we have accepted the 
arrangements which he has submitted to us, and by these 
presents grant him exclusive power to take such steps as he 
may deem most expedient for the carrying out the above- 
mentioned project, subject to the conditions and under the 
responsibilities settled in the following Articles 
Article I. The grant of land shall be in perpetuity. 
Article II. The works shall be executed at the sole cost 
of the Company, and all the necessary land in my territories 
shall be granted free of cost, excepting the land at present 
belonging to private individuals. 
Article III. Stone or any material necessary for the 
works may be quarried in any part of our dominions with- 
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