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ERRATA.

l'art II , pag. 13, line 23; for CUBA, read JAPAN.

69, in title of illustration; read PIEDRA LAGARTO,

INTRODUCTION.

THE TEHUANTEPEC RAILWAY COMPANY in. vites attention to a Grant or Concession for seventy years, including large grants of land, made by the Government of Mexico, on the 6th of October, 1867, to a Company to be formed by Don Emilio La-Sere, to open interoceanic communication across the Isthmus of Tehuantepec, by railroad, carriage road, and telegraph line. It is free from all taxation or imposts of any kind by the Government, except the payment of eight per cent. of the net profits of the enterprise, whenever dividends shall be declared for the stockholders, and twelve cents for each through passenger. This grant was modified and confirmed by the Congress of that Republic on the 29th of December, 1868; approved by the Pres. ident, January 20, 1869; and published in the Official Gazette of that Government on the 4th of January, 1869.

Pursuant to said grant, Don Emilio La-Sere formed the “Tehuantepec Railway Company,” composed wholly of citizens of the United States. This Company, in November, 1868, procured from the General Assembly of the

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