New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1855-04-19

hinrelf in that achievement, Mr. F.beas went
up into Nicaragua, in Q sort Of semidiplom ssic
capacity. unoer the auspices Of Mssrs. Pierce
and Marcy. and there bought or otherwise pro-
cured Q quantity Of lsDd. We believe this sc-
ouisition was made at the instance Of the nov
repudiated Central American Company; but that
is of little consequence. Enough that Fabens
holds. or claims to hold, legal rights to land in
the interior of Nicaragua, and that under
those rights Kinney and his forces nov pressad
to act. Precisely 10 ~hst province OF that State
the acquisitions of Mr. Fabens are situsted. Col.
Kinney does not ssate, nor whether hts territory
u pra!re or woodland. or both. Rich in precious
uinee we are however, told it is; bat the details
Of this new Ell Dorado are prudentiy withheld.
II Is, of course, not desirable to cause ru,h OF
emierants thither, who might gather the tress-
ures before the lawful proprietors could arrive
and obtain comfortable possession OF their
domains. After they have established them.
selves, ard have fairly taken the cream of their
gold aud silver, they will, doubtless, let out
sicers know more about 1t. 1t Is, certainly,
much to be desired considering the preseot
depressed condition Of the money market, that
their new food of the precious metals should be
poured upon the world as soon as possible.
The third remarkable point In the letter Of Col.
Kinney, Is the announcement that the new Com
papy propose to establish a line of steamers on
the River San Juan, and Lake Nicaragua. At
present, that channel Of communi ,ation 10 in the
hands Of q monopoly known as she Accessory
TrM sit Company, which holds under charter
trcm Nicaragua. That charter the Colonel, apps
rently, intends to abDul or to disresaId. Tnis
may be taken as an indication OF open war against
the propre Ors Of that Company, who are mainly
the same we bell we, rs the Spectators of the
Central American Lsnd Company, from whom
X nIey has separated, and whom he now seems
to regard with feeling the reverse Of love. We
tru.t the holders of the Transit stock will not be
prensturely alarmed at the meuaced revocation Of
their charter by the future Government Of the
country
Col. Kinney protests that his intentions are
whslly pacific. and industrial. He goes out
merely to till bis lands, dig bis gold and silver,
and prosecute the commercial affairs Of his colony.
SupposiDg this 10 be his honest desire he surely
cannot be such q s!mpleton as to believe he can
abide by il. Apart from the fact that Nicaragua
is involved in civil war in which the new settlers
must almost necessarily take one side or the
other, how will it be possible for community Of
five hundred or q thousand men from the United
States to live under the laws and Government Of
the natives of that country This question an.
swers it.elf They will revolt and establish their
own administration in three months. So, too,
with the introduction o. Slavery; Col. Kinney
processes not to aim at such result, but he must
know that all opposition toit will be overruled.
The corquerors of Nicaragua will fod it more
agreeable to raise sugar coffee, and cocoa BY the
sweat of slaves than by their own, aud no mil
itary leader from Texas will prevent them from
crafty ing that preference. Besides, the Colonel's
Southern friends stand 10 need of q few addi-
tional Slave States, and be is not the man to de-
prye his new country Of the fundamental quail
fcation for anne Ration to the American Union.
On the whole, we cannot say that the aspect Of
this precious scheme is much improved in its new
pre- senta,ion. 1t stll seems TO us at bottom 40
better than deliberate cObsp piracy to subjugate
feeble nation wi.h which this country is at peace,
and to establish Slavery on the ruins OF freedom
How far the connection with the undertaking Of
90 notorious favorte of the Federal Executive as
Mr.. Joseph W. Fabens, is calculated W extioguiSh
tie iuspicion that the Government are accessory
to the plot, We shall not und srtake t, conjecture.