The New York herald., 1850-12-11
The United states, Great Britain, ard Mica



resting document from Nicaragua. Il contains
Ae bases of an additional convention between that
republic and this confederacy, the benefits of
which we may enjoy, il the treaty now before the
United States Senat- is ratified. Mr. Squier made
that treaty in terms Of good fath and it will be
despicable act ON our part, to leave the Nicaragua
government TO entertain opin ons untavorabe TO
the honor ofour country, by permitting Sir Henry
Lytton Bulwer, and few speculatorB in the Mica
rsgua Canal Company, TO barter away our national
faith for The furtherance of a project concerning
the success Of which there may be some reasonable
doubts, while the stpulations with Nicaragua are
trsmpled under foot.
We seriously fear that there have been any
thing but honest or digniied means employed to
bring the Nicaragua Canal Company into public
favor. The history of the speculation Is not the
most PLAN and straightforward, and the premi-
nary success has been attended by circumstances
which, we think. are dsgncefUl 10 the reputation
ofour county, and unjust towards one OF the most
efficient oficefs in the public service Mr.. Squicr
was tmnently patriotic in his acts during his con.
necton with the Nicardguan republic lie dsiin-
guishcd himself by his diplomacy and zeal in the
Tigre leland affair - stood aloof from business
sPecusiions Of every kind, and could not he made
TO favor the canal compsny's designs, any further
than was warranted by the public interests.
We find him, in the very midst of his i'm.
Portant lqbors, however, taken away by the
government, from the scene of his useful and
jealous aotiviiy-whils we find Sir Henry Lyt-
ton Bulwer strangely interested in everything per-
tanning to this canal project From this quickest
and QuiI otie movement Of the British Minister,
what Immediately arosel Agents Of the canal
company went 10 London, and, having returned,
tbr British journals announced that the canal stock
might be eventually received with favor by British
capitalists. There was no evidence, however,
that they were disposed 10 purchase a pig in
Pokc-in other words, to buy into company,
while they plaay cav that the rights of Nicsra-
qua were to be bartered away. Business men in
stincuvely esPy dIiicuues-and the great difficult
~, in the woy Of the canal company, was and is
seen, and viii continue To be, tai the United States
government have done justice to Nicaragua and TO
fhe pig ghted faith Of the nation.
The President, in his message, in ellusion to the
treaty with Great Britain, in reference to Affairs 10
CeutEgl America, eyG-
In s5dition 90 ths sticulstions csntainsd IN thi.
consenuon tro otbtr objects renein 20 be accom-
siishea betvetn tae cosirsotiug poWers
iHst ne dstguston aud establishDent Of free
TrIt az each end ct The canal
B,coud. &C tgrferrnt dzBg the jisnnsS from the
fl,re wttlin which bell gerent matitims Operations
sbn .1t be cafIied cp Ca t4ese points there Is lite
dout. ttat the te3 goyernme1ts wall ;oms 70 un-
deIstsnIug
The mcfssge, generally, he's met with or oppro-
taron our opinion is unohanEed-5ut these
Isftgnlls seem not 20 have been duly weighed
bo'h EXAMINATIONS of ihe proposed canal through
riearaRua, ii within ihc territory Of that republic
nrd ere clearly end meguivocally her properly.
Itis very Iotidon hls been maintained BY our 90
Veiinf n', irOm The origin Of the Central Amercan
difficulties. How. then, can he United States and
Gset RrItsia assume the regulation ,f the ports Of