The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1857-09-11

The New Combinations 1slsa1vo % ths ~
caragaa Tranaat Route
There are certain indications In the atmosphere
around Bowling Green that the filibuster comma
dofes are about to take our advice, and unite In
one grand scheme for regenerating Nicaragua
and re-opening the Tranait route from San Juan
del Norte to the Paci6c. If they bad taken our
advice months ago they would have saved to
themselves many thousands of dollars, and to
flibus'ers and anti 'bu tiers many good man.
The new plan is TO TALL back upon the old grant
from Nicaragua for an inter-oceanic canal along
the line of the San Juan river, and from the lake
to the ocean. The Accessory Transit Route
Company was sort Of tender upon the big pro
ject of the canal, and, under the management of
Commodore Vanderbilt and Joe White, was to
do all the business until the carrying trade should
grow large enough to demand the canal. 1t is
raid that Vanderbilt and White now own nearly
or quite all the stock Of that company, and are
ready to convert ii into stock in the new scheme.
But while Vanderbilt aud White have been
buying up Nicaragua Trsnsit stock at prices next
to nothing, Commodore Morgan and Capt. Gar
rison have had their agents in Costa RIGA, and
have taken President Mora and Commissioner
Webster into copartne,ship for a new grant of
the route, which they row wish TO play in as
set off to the old stock Of Commodore Wander
bilt The plan is to admit few g men in buck
RAM" SO as to have wherewith 10 make up di-
rtctory, and bring new fancy into Wall street.
There fine game OF foot ball can be played,
with Joe White and Vanderbilt on one side, Gar
1ison and Morgan on the other, and Mora, Web
ster, Spencer, Harris and Young Anderson to
make Up the crowd of inside players In the game.
Besides this there ia Senior Parraga, who has just
returned with his new grant from Gen. Jarez,
and Gen Martinez, the present Dictator of Mica
rsgua; but the knowing ones say this is new
trump that Vanderbilt has just drawn.
Unfortunately there are two things in the way
of this arrangement that may yet prevent Van
derbill and Morgan fiom lying down like the
lion and the lamb in the millennium. In the
South Walker ia gathering head to make grand
dash at Nicaragua as soon as the cool weather
and dry season Gets in, with three thou
sand Georgia militia, and any quantity Of
Law muskets and hardware; and if onehalf of
what bis partizans say is true, he may prove to
be wet blanket for TIE new speculation. Be
sides this there is as yet lawful and recognized
COVE, bment in Nicaragua ard the administra-
ton OF Washington have not as yet accepted the
credentials Of Senior Yrisarr as Minister for that
republic. Very strong efforts are being made by
the combination to have him recognized at
Washington, as they count upon such step to
head off Walker. The government is probably
waiting FOR some insight into the true condition
of Central American affairs from Mr.. Carey jones'
reports, but he seems in no hurry to send them
on; perhaps he cannot get an insight himself
We advise the Commodores to have patience and
cultivate this lamblike disposition among them
selves, so that they may take all due advantage
of the good time that is coming.