The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1856-05-16

The Central American Easana al, lasnt-A So,
for B~ncombc and Stop TO Champion.
The near approach of the Cincinnati Con-
vention, and the seFevidsnt exigencies OF the
case, are driving our desperate administration
to the most desperate extrenities, in the delu-
sive hope of thus picking up, here and there.
the necessary capital IRON Buncombe TO Sc
cure the democratic jugglers nomination.
The gracious recognition and reception Of
Padre Vjjl On Wednesday, a. the ambassador
of the bona .ae government Of Nicaragua, was
nothing more ihal sop for Bancomoe. To-
ternational datS aterrG.io1al courtesy
governmental, policy had - ring to do with it.
1t was purely the ,f.ca & 2 desperate player
for the Cincinnati Cscveps,cn. But we re'c
it has come too lave. TIE Walker goyernma It
was as firmly established shen Colonel Parker
FL. French reported himself TO Marcy, as il is
now, if not little more so. Nothing what
ever has trarspired, within Nicaragua or ou:-
eide OF Nicaragua, since the repessed refusa's
of Marcy to recognise the Walker government
in the person OF French, to give stronger co
loring Of validity or solidity TO Walkers estao-
lishment than it possessed when French was
driven from Washington.
Presidents and preEiers, however, like maay
other mep, are wiser to day than they were
yesterday. They live and learn. The late
speeches OF Senators Douglas aud Weller in
behalf of the Walker movement, appear to
have opened the eyes of Mr.. Pierce to great
flaw in his arrangements tor Cincinnati. Toe
speech of Soule at New Orleans has left no
doubt upon the subject. The Walker move
ment has the sympathy of large portion of
our people, especially Of the Southwest. The
Little Giant must not have Inc monopoly of
that capital at Cincinnati. That gun must
De spiked. The reception Of Padre Will, a
Catholic, will have splendid effect among
the Catholic " manifest destiny" democracy of
Louisiana and their delegation to the congen-
ton. Marcy protests, threatens talks of COO
sistency; but tor once the Premier must give
way, or relinquish his eight thousand year.
At such crisis, aud upon such an ISSUE he
can be spared Such, we believe, is the true
solution of the reception Of Padre Viii.
The next question in this connection is, " Il
Padre Will be able to control the balance Of
power among the Cincinnati jugglers? We
hardly think it necessary to dicuss the pro-
bable effect of his reception in reference to
the perpetustion OF the Walker government,
because we believe that matter forms no part
Of the present policy of the administration. II
is acting for Cincinnati. and not for Nicara-
qua; for Buncombe, and not for Walker. Bur,
Oh D,,ra aha he na%fn ne .,Olao
or Weller, or CiiDgman. peremptorily require
proclamation Of war against Costa RIGA, or
suspension of the neutrality laws, Marcy may
be again reduced to the alternative Of acqniss-
cence or resignation. In the critical extremity
to which Mr.. Pierce has been brought by the
Buchanan movement, we must not stop at half
way measures. Should the reception of Viii
be q sufficient cop for Buncombe and Young
America, our prudent President will stop there;
but should the Little Giant demand more, more
must be conceded. Meantime we await with
some interest the protest of Senior Marcoleta
to the diplomatic corps, against the reception.
The most important development of the day
in this Central American ENHANCEMENT is the
question Of veracity pending between Mr..
Clayton and Mr.. Champion. The latter says
that the former has repeatedly, from time to
time, admitted the right of England to the
possession of the Bay Islands, which flank the
State of Honduras. Mr.. Clayton Indignantly
says that he never, on any occasion, has said
any such thing; but he has, over and over
again, reiterated his opinion and his position
to be, in the treaty and aimee the treaty, that
England has no sort Of claim to the possession
of the said Bay Islands.
Was there ever such an unfortunate intsrna-
tional agreement as this Clay ton-Bulwer treaty?
From the day that it was brought into the
Senate, under Taylo administration, down
to this day, the negotiator Of that treaty on
our part, has scarcely been allowed month
of repose. He has been kept busy ia ex-
plantations and protestations. His speeches
in the Senate alone, in vindcation of his
action upon, and Interpretation Of, hat
treaty, would make large volume. Yet our
readers will remember that while the treaty
was under consideration, six years ago, and
that after its ratification, from time to time
this very question of confidential "annex,"
codicil, or qualification, between Mr.. Clayton
and Mr.. Bulwer, vtiating the whole intent Of
the convention on the question of colonizS-
| ton, has been subject Of discussion, and with
| very unsatisfactory results, from 1850 down to
| 1856.
We presume that the misunderstanding be-
tween Messrs. Clayton and Champion rests
upon some extra-diplomatc conversations and
come vague informal concurrence of opinion
meaning nothing with Mr.. Clayton, but embo-
dying, and designed to embody, the pith Of the
whole question in the Interpretation of Sir
Henry Bulwer, Of his government, and his sue
cessor at Washington. The treaty was but
humbug at best. We declared, at the time of
its original publication that 1t was but nest
egg for more serious difficulties than those
which it had attempted to remedy. II has 50
turned out. II has received no sort Of respect