DECREE.

Art. 1.--It is granted to Mr. John Halton Buggeln to hold the

exclusive privilege of navigating with ships propelled by steam or

other mechanical power, in the ports and on the rivers of the

Republic, during the period of twelve years from the time of the

arrival of those ships at the port of Monte Video, under the

conditions and restrictions to be expressed in the following articles;

reckoning the arrival of the first steam-vessel at twenty months after

the sanction of this project, save in case of unforeseen impediment,

and the contractor obliging himself to prove his inculpableness by

publishing the privilege in England and soliciting the advance of the

requisite capital; if in thirty months from the date mentioned in the

sanction of the project, he shall not have verified that

justification before the Executive, Mr. Halton Buggeln shall incur the

penalty of a fine of 10,000 dollars to the public treasury, the same

to be guaranteed by his person and goods.

Art. 2.--Vessels of the said description of less than fifty tons

burthen, are not comprehended in the exclusion of this privilege.

Art. 3.--The undertaking shall be commenced by two vessels of three

hundred or more tons, and one hundred horse power. The latest

discoveries that shall have been made both for the acceleration of

speed and for the prevention of accidents of explosion or others, are

to be applied to their construction and machinery.

Art. 4.--The vessels of this undertaking shall convey, free of all

charge, the mails of the Republic to and from all the ports of their

transit; the captains or masters being responsible for their safety,

unless the Government shall appoint a person for this object.

Art. 5.--Each vessel shall maintain on board two young Oriental

citizens as apprentices to instruct them as engineers and pilots.

Art. 6.--The vessels of this undertaking shall navigate free of all

tonnage dues, under the British flag, having liberty to deposit on

shore or on board of hulks, such coals, machinery or other matters

intended for use and consumption on board, not including provisions,

the Executive to determine the measures necessary to prevent the abuse

of this liberty, and it being understood that the said deposits shall

not be entitled to any other guarantee than such as belong to foreign

property on shore.

Art. 7--Whatever may be the state of the relations of this Republic

with Great Britain, this undertaking, its funds and property, and the

men employed in it, shall never under any pretext be an object of

sequestration, indemnification, nor guarantee of any kind of

reclamations or reprisals, which may occur between the two nations,

but rather during the whole term of the contract until its

dissolution, it shall be under the protection of the laws as if such

misunderstandings did not exist; but the navigation may be temporally

suspended and with it the term of the privilege, if the defence of the

Republic or other similar interests should so require.

Art. 8.--If there should be national contractors or shareholders the

undertaking shall admit them to the number of one third of the shares.

Act. 9--This privilege shall become of no effect by the voluntary

interruption of its exercise, by the contractor, during a period of

six months continuously.

Art. 10.--Let it be communicated, &c.

And in making this known to the Executive Power, the undersigned

President takes the opportunity of saluting the Executive with his

most distinguished consideration.

Dr. PEDRO PABLO VIDAL,

_Juan Manuel de la Sota_,

Secretary.

Monte Video, February 7th, 1844.

_To H. E. the Vice-President of the Republic, Don Joaquin Suarez._

* * * * *

_Monte Video, February 8th, 1844._

Be it fulfilled, the receipt thereof acknowledged, let be communicated

to whom it may concern, published and inserted in the National Register.

SUAREZ.

_Santiago Vazquez._

Printed at the Liverpool Times Office, Castle-street.

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