State. It has not been considered the 
policy of our laws to subject an American citizen who in a foreign 
country purchases a vessel built in the United States to the 
inconvenience of sending her home for a new register before permitting 
her to proceed on a voyage. Any alteration of the laws which might 
have a tendency to impede the free transfer of property in vessels 
between our citizens, or the free navigation of those vessels between 
different parts of the world when employed in lawful commerce, should 
be well and cautiously considered; but I trust that your wisdom will 
devise a method by which our general policy in this respect may be 
preserved, and at the same time the abuse of our flag by means of sea 
letters, in the manner indicated, may be prevented. 
Having ascertained that there is no prospect of the reunion of the five 
States of Central America which formerly composed the Republic of 
that name, we have separately negotiated with some of them treaties of 
amity and commerce, which will be laid before the Senate. 
A contract having been concluded with the State of Nicaragua by a
company composed of American citizens for the purpose of 
constructing a ship canal through the territory of that State to connect 
the Atlantic and Pacific oceans, I have directed the negotiation of a 
treaty with Nicaragua pledging both Governments to protect those who 
shall engage in and perfect the work. All other nations are invited by 
the State of Nicaragua to enter into the same treaty stipulations with her; 
and the benefit to be derived by each from such an arrangement will be 
the protection of this great interoceanic communication against any 
power which might seek to obstruct it or to monopolize its advantages. 
All States entering into such a treaty will enjoy the right of passage 
through the canal on payment of the same tolls. The work, if 
constructed under these guaranties, will become a bond of peace 
instead of a subject of contention and strife between the nations of the 
earth. Should the great maritime States of Europe consent to this 
arrangement (and we have no reason to suppose that a proposition so 
fair and honorable will be opposed by any), the energies of their people 
and ours will cooperate in promoting the success of the enterprise. I do 
not recommend any appropriation from the National Treasury for this 
purpose, nor do I believe that such an appropriation is necessary. 
Private enterprise, if properly protected, will complete the work should 
it prove to be feasible. The parties who have procured the charter from 
Nicaragua for its construction desire no assistance from this 
Government beyond its protection; and they profess that, having 
examined the proposed line of communication, they will be ready to 
commence the undertaking whenever that protection shall be extended 
to them. Should there appear to be reason, on examining the whole 
evidence, to entertain a serious doubt of the practicability of 
constructing such a canal, that doubt could be speedily solved by an 
actual exploration of the route. 
Should such a work be constructed under the common protection of all 
nations, for equal benefits to all, it would be neither just nor expedient 
that any great maritime state should command the communication. The 
territory through which the canal may be opened ought to be freed from 
the claims of any foreign power. No such power should occupy a 
position that would enable it hereafter to exercise so controlling an 
influence over the commerce of the world or to obstruct a highway 
which ought to be dedicated to the common uses of mankind.
The routes across the Isthmus at Tehuantepec and Panama are also 
worthy of our serious consideration.. They did not fail to engage the 
attention of my predecessor. The negotiator of the treaty of Guadalupe 
Hidalgo was instructed to offer a very large sum of money for the right 
of transit across the Isthmus of Tehuantepec. The Mexican Government 
did not accede to the proposition for the purchase of the right of way, 
probably because it had already contracted with private individuals for 
the construction of a passage from the Guasacualco River to 
Tehuantepec. I shall not renew any proposition to purchase for money a 
right which ought to be equally secured to all nations on payment of a 
reasonable toll to the owners of the improvement, who would doubtless 
be well contented with that compensation and the guaranties of the 
maritime states of the world in separate treaties negotiated with Mexico, 
binding her and them to protect those who should construct the work. 
Such guaranties would do more to secure the completion of the 
communication through the territory of Mexico than any other 
reasonable consideration that could be offered; and as Mexico    
    
		
	
	
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