APPENDIX. 
437 
Terms op Railway Concession concluded in 1865 between 
the Government op Nicaragua and Captain Bedford 
Pim, of the English Royal Navy. 
Gazette of Nicaragua, Managua, 8th April, 1865. 
The President of the Republic to its inhabitants ; 
Know ye : That Congress has ordered as follows : 
The Senate and Chamber of Deputies of the Republic of 
Nicaragua. 
Decree—-Art. 1st. It ratifies the concession entered into 
with Captain Bedford Clapperton Trevelyan Pim, of the 
English Royal Navy, approved by the Government on the 
2nd instant, with the modifications contained in the present 
law ; the tenor of which is as follows : 
The undersigned, Licentiate Don Antonio Silva, Minister 
of Fomento, etc., of the Supreme Government of Nicaragua, 
Special Commissioner, on the one part, and Bedford Clap¬ 
perton Trevelyan Pirn, Captain in the English Royal Navy, 
for himself and for the Company that he will hereafter form, 
on the other part, have agreed to the following concession. 
Article I. The Republic of Nicaragua concedes to Captain 
Bedford Clapperton Trevelyan Pirn, of the English Royal 
Navy, and to the Company which he proposes to form, as 
also to the heirs, successors, administrators, or assigns of 
either, the right of establishing and working a transit 
between the Atlantic and Pacific Oceans from Monkey Point 
on the Atlantic to Corinto, or the Gulf of Fonseca, on the 
Pacific. The concessionaire or his representatives can con¬ 
struct the necessary works to establish the said transit either 
by a continuous railroad, or partly by railroad and partly by 
steamers, making use of the Lake Managua and that part 
of Lake Nicaragua comprised to the north of a line drawn 
from Point Tule on the coast of Chontales, to the islets 
called “ Corrales de Piedra,” on the coast of Granada. 
Article II. The Republic concedes also to Captain Pirn, 
Company, and their successors, the exclusive privilege for 
establishing the said interoceanic transit, which privilege is 
