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History of Central America, Volume 3, 1801-1887, Volume 8

Note XXV-47 — Chapter XXV · DIVERS PHASES OF SELF-GOVERNMENT. 1819-1863.

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It stipulated a board of arbitration composed of commissioners of both governments to award upon claims presented prior to Sept. 1, 1859. The total amount of awards N. Granada would pay in equal semiannual instalments, the first, six months after the termination of the commission; and the whole payment to be completed within eight years; each of the sums bearing interest at 6 per cent per annum. To secure said payments, N. G. govt appropriated one half of the compensation accruing to her from the Panamá railroad company; if such fund should prove insufficient, it was then to provide for the deficit from its other sources of revenue. U. S. Govt Doc., Cong. 36, Sess. 2, Sen. Miscell., no. 13, 1-7. After the riot the federal government endeavored to have a force on the Isthmus to protect foreign interests, which it should have done before. Maldonado, Asuntos Polít. Pan., MS., 10-11.

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