New-York daily tribune., 1854-08-30
OUT OF DEBT OUT OF DANGER.

We told from Washington that there has been
"a sharp correspondence on Central American AZ
" fars, and that while on the ODE hand Lord Claren
don reasserts most extreme British pretensons that
quarter, on the other, Mr.. Buchanan maintains the
position Of the United States, defined by the Clay
ton and Bulwer Treaty to be immovable, and that
the British Proectorate the Colonies and settle
ments under it, must be abandoned. These are brave
words, but they may. and probably WILL be met By
words equally brave from the British Secretary, and
we may then find ourselves placed in position to
fight, or to back out. Should such state of
things arise we hazard little in saying that the Ad-
mpistration would adop. the latter course precisely
as was .he case with NJ. Polk after having pro-
claimed to the world that be would stand by $40 40
AT the hazard of q war
The British Government has just succeeded in
liking US into the Reciprocity Treaty, by which
give ali and get nothing in exchange. We had the
law in our own hands For nearly zen years We had
granted TO the csns1as privileges OF the most i'm
portant kiBd-pnvileges without continuance of
which she could not live and prosper but instead OF
saying 70 the British Government: Let our fishermen
alone, we will repeal the act Of lsi5 and compel
the Provinces into the Union thereby settling
at once and forever the navigation, bay, AMI reci-
proci;y questions the Government: permitted them
year after year 10 be plundered-by the way, spps-
reDtl!, Of furnhhipg an excuse for making treaty
whose effect should be that Of absting the desire on
the part Of the Canadians for annexation II um in
Mr. Filmore's power to have settled the fishery
question, ard be probably would hsre cone 20, h,d
be not been anxious 70 concste southern support
ths'was not =. be knew TO be obtained by sny
ures looking 10 III enlargement Of the Union in the
direction Of the north ind Of freedom. 1t was in
Mr.. Pierce's power so TO have settled it. bat the
Csnsdisns were known 10 be favorable TO free ION an
greatly AntNebraska in their tendencies and atrssty
has therefore been made for keeping them out Of the
/ Union.
The fifty -four forty question established clearly .h..
the Pro oSsvery democracy would rather back On,
than hight an equal, however willing il ngh, be 70
bully an inferior, IS was done with Mexico. The
Reciprocity Treaty has as clearly established that.
however ready we are to demolsh GreytOwn apd ruin
spescefa occupants nothing bur bullying on the p.r,
OF England is required for carrying iis poin,s and
the probability therefore is ths. she will inss; ON
continuing her pro;ectorate. in which case M.s,r,.
Pierce, Marcy q Co. viii find themselves forced Z,
make their election between war on one hand. O,
peace on terms TO be dictated by Eng and on the other
In this state Of things it msy be not smis. 20 inquire
how We are prepared for war, because ths, ip1uir,
will necessarily b. forced upon the Administrations
and will greatly influence its action in the premises
II satisfied that the condition in which stand is one
that will admit Of going to in case that choice bs
forced upon Mr.. Pierce may perhaps maintain bold
and manly attitude although such sa attitude in the pres