The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1857-04-07

Wakef's Late Successes-kAls Splendid Pros
PecSs-What VIII the Administration Dol
We perceive that the attention of the admins
tratiOn has been recalled TO the affairs of Mica
ragus by the late victorious operations OF Walker
and Henningsen, and that the Cabinet have
been agitating the policy of sending down a
Minister to look up the Nicaragua government
As yet Mr.. Buchanan has taken no step indicat-
ing his purposes in reference to this Nicaragua
seuabble; but we expect that his policy in the
appointment OF Minister viii be the recogni-
ton OF the local government de facto, Walkers
though 1t should be- As for poor Pierce, his
Central American proceedings, like his course
upon Kansas affairs, were neither fish, flesh,
fowl nor red herring" He was afraid on Tues
day Of the thing done on Monday, and on
Wednesday Of the blunder of Tuesday, and 80
on from day to day, from week to week, from
month to month, from year to year, to the end
of the chapter.
Now, Mr.. Buchanau, though cautious man,
has the character of straightforward man in
bis private and in his official conduct Ac-
cordingly, when we hear that he has been con-
ddering the question of new Minister to
Nicaragua, we take 1t for granted that
his mind has been acting upon q GER
tain theory Of facts, events and proba-
bic results and that his action will
conform to this theory. We dare say that he is
not ignorant of the means resources and capa-
bilities of Wa1,df, and that the administration is
not pre-committed to the allies But, Whatever
may be the views and inclinations of Mr.. Bu-
chanan, we suspect that it will not be much
longer before they assume definite and prscf-
cal shape.
Walker IL BY no means without his allies, and
they are allies of the most Efficient kind-the
allies which Kossuth pleaded for 90 powerfully in
behalf Of HuDgary-the allies Of material and
financial aid" He has them in Valparaiso in
Peru, in San Francisco, In Mexico, in New Or
loans, Philadelphia and New York; and If they
have heretofore furnished him resources to the
extent Of million Of money, they will not be
wanting to the extent of another million or two,
as long Is he holds bis ground. His project is
theirs, and comprehends something more than
the monopoly Of the I" fares and ferriage" Of the
Transit route. 1t involves the grand scheme OF
the reduction and reconstruction of the whole of
Central America upon an Anglo-Saxon platform,
and upon commercial and military principles"
This plan embodies, also, the Southern idea Of
the practical establishment of African slavery
In Central America, and the developement
through this medium Of the capabilities of those
fertile tropical regions as cotton, sugar, choco-
late, tobacco and indigo producing States Let
the North American political programme of
Walker be established over Central America,
and Shareholders from our Southern States. with
their slaves viii soon put the ball of slave labor
in motion The African slave trade, Ia the next
place, will soon fill up all deficiencies between
the law of demand and supply in the article of
niggers Thus the British West India policy of
emancipation as stepping stone 70 the aboli-
ton Of slavery In our Southern States will be
met by counter movement OF the South Of the
most formidable character.
These things are among the events of the fu-
ture, foreshadowed In the recent successes Of
Walker. We therefore await with no ordinary
degree Of interest the policy Of Mr.. Buchanan,
and the next intelligence from the seat of war.