New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1856-04-19
Il GoRg. YANBERRTT.T-srs "a II AGUA.
s3As
We clip the following from the Washington cor
respond of the New York Evening Post,of the

We elip the following from the Washington cor.
respo,ldence Of the New York Evening Post, of the
| IItii ~ #s3t
assistance " Biz controversy il
s r. I'M o W. ~ I'M
chartered alleged
The written d December 1856 Of Me- White liz
District the aa1insatiol
asssa's
pledged ii Charter for tic enjoyment e our priyeges
n redress from
The reason assigned for the noninterference o.
ON government is q very good one, but we imagine
it isnot the only one that could be brough forward
were circumstance at depressing. Insufficient
however 50 far as the relations between the Accessory
Transit Company and the are concerned.
BY endorsing the act Of own Attorney the Com
pany ebarred itself from The privilege Of appeal g
the administration. When the controversy between
the District ttorney and the Company was gong on
regard to the detention Of the steamship Northern
Light We believe the Company PARTIAL Threw ltseit
upon the Nicarag lan fof ana
INDUCED i sundry ltinled and rather arrogant ex-
pressions Y. , q ~ &
ayers of the Company thought they were strong
enough 10 do al they pleased in Nicaragua. They
never dreamed Of trouble with the Riyas alker gov
ernnlent. Heading a powerful monopoly strong IN
Wall street, strong in steamships, strong in influence
they arrived at the conclusion that there was no
necessity deyolving upon them TO abide By
The stipuatons Of their charter and faithfully exc
cute their contract with the authorities which had
granted them valuable privileges. They never
imagined that their sins Of omission and commission
cit.
a handful of American regenerators interfere with
the operations Of Wall street princes! The idea if
il ever occurred to them, regarde excessively
absurd. $ss8t $ It'll Is. Il
I But they were brought up with o round turn, to
use homely but expressive phrase; and now find
that they can obtain neither redress nor protection
from either ent assuming they were entitled
to it, The administration will do nothing for them
because they Wanted they owed allegiance to Mica
ragua, and the government Of Nicaragua has seized
upon their steamers and other property to secure
debts due and their charter for violation of
contract! So, between the two fires, the famous
Transit Companyi is id something Of a pickle: And,
to add to their misfortdnes, d charter has been
granted to another company ], and steamers are now
regularly plying and from the portant ports on
both the Atlantic and Pacific oceans. doing good
business, with prospe looming up in the
future. So much for fllment Of contract for
CRASHING Of too much. The proyerb that !" honesty
~ the best policy is as applicable to chartered com
panies AZ it's to private individuals. e
The history Of these transactions discloses an ano
alous state Of affairs. District Attorney McKeon, Of
New York, took legal proceedings against the Com
pany some time ago. for violation Of the neutrality
laws which have not yet been determined, if our re
collection serves us Alright. About the same period
their charter was declared forfeited by the Rivas
Walker Government for numerous violations Of con
tract. The District Attorney stoutly maintains thai
bis official action was entirely correct and arr
fully with the conviction that the conduc
The rulefs Of will be found, upon an i'm
partial sbe sustained by law, equity AMI
Iust6e that nothing has been done which a soVe
reignty could not Of ri ght do.
N Indseds the chances are that the Cabinet at Wash
lington in full possession of the Nicaragua version
of THE affair although it was NOT deemed necessary
to apprise Commodore Vanderbilt, President of the
Company, of the fact. The mere reference to the
written declaration of the attorney of the Company
given in the paragraph quoted from the Post, was
I3unansWerable and overwhelming, and must have
proved an exceedingly bitter pill to Mr.. Y. It out
weighed any argument on the subject the Secretar.
i Of State could have prepared in a week.
4 We trust correct statement of the troubles vii
soon be published. When the intelligence of til
dicntyiirst reached this country, the of til
A Nicaragua government was unsparingly denounce
in many influential quarters. We then predicted tina
q full details would demonstrate that Rivas and Wake
ere the right, and suggested suspension Of opil
ion until accurate adVices could be received. We
q still Of that belief, and shall continue to indulge in
until it is shown to be illfounded.