New-York daily tribune., 1858-06-28

st ne chsnusl at isast tao bundred feet xds, con-
s'ructed for distarcs, in all Of bear sev -nty ues
by laboIers tOiiiog utter tie bur ing suo of the
tropics, subject " mss's a. fatal rs that Of the
Is,bmus Of Panama or tae mouth Of the Niger. No
such canal &c that proposed will ever be c)n-
stIucied.
IL word, the Belly contract, With or without
the approval Of our Govern nent which il re-
qured, is sn Acknowledged farce. The G)vera-
meDt Of Nicaragua granted nothing; aud If, IN true
Spanish style, they used improper language to.
ward the Uoit3d States in their declaration. they
have given solid evidence Of their real desire and
intentions by granting pew aud efectud charter
to aa American citizen, who is able and willing to
carry out it' provisions.
Messrs d. B. Alien aud W Z G. Webster LEFT
New York for Nicaragua on the 18th Of June,
taking with them 800 900 in money fJr the loan to
Nicaragua and charter signed by the G vern-
meut Of Nicaragua on the ono part and Cornelius
Vanderbilt on the olher. This charter to Wander
bilt wi necessltate aud secure the SEEDING on Of
the Cass Yrsssrri Treaty, or q document from the
N.caraiusn Government giring full porer to Tho
Gorernment Of the Unihd Sta:es TO proted its COM
mrce and its citizens BY force Of arms in Nicaragua,
u necessary.
The Cass. Yrssarri treaty does not protect one
compsny or individual more than another; the Canal
Company bavipg prove themselves ncomp pstent to
open tbe Lire, AID their charter revoked for ines
pac ty and bad filth, the protection Of the treaty
extends to their successors. The Government Of
Nicaragua have been notified that military protsc-
tion Of our citizens engaged in opening or using the
Transit must be conceded sud thstno other tresy bat
the one already ratified in Ncsragus will be sccept-
ed by the United States. The same caus,S that
preuented the transmission Of the ratified Cast
Yr,sssrri treaty nor operating in taror Of its
beng sent on, and ,oiH compel its Transmission.
The reason Why the treaty was not sens on not
only explains several dark points IN our Ni:araguan
negotiations, but proves IN remarkable m.oner
the confidence repo.ed In Vanderbilt by the NcarA-
guam Government, even after tho agents Of the Ca
nal Company had exhausted al their paper testi-
mouy aud arts of persuasion to destroy that inilu'
enca.
After President Mardnsz had ,isni6sd to Val
derbit's sgent tie intention Of his Government to
revoke the charter of j. L. White and the Caud
CompsDy, tie sgent, on bis own response 'lty, re-
quest<d delay In sencing on the treaty uat his
employer should have ratified the charter which he
had Just then negotiated fcr hian, assigning as q
reason for the request that if tie treaty were
sent On at that tIue, before Vanderbilt had con-
ple,ed bis bargain snd maze bis first payment,
" the Canal Company, utterly unable and penniless
" 40 they were, might still have it in their power
4" to prolyne TIE struggle by all kinds of m,srepre
" sensations aud hollow promises, throwing them
" solves under the shelter Of the treaty AID claim
I" ing TO have acquired rights which the Govern.
ment of the United States would be obliged 10 in
vestigste before rtjest'ns; that by thst means,
the Transit Sould probably BE- closed for another
.'year, by . series of absurd claias and fruitess
e9otiatcus to tie incredible injury OF Nicara-
qua snd great lO.s and harm 10 the United States,
I" who might finally beco ne iDimicsl to Nicaragua
because Of the irritating delay, and might en-
trely withdraw their protection"
Whether thtse arguments were sound, it 10 not
DOW worth While to inquire. Enough that they
produced the desired effect The treaty was with
held. waiting upon the conclusion Of negotiations
with Vanderbilt.
The public are well informed in regard to the
benefits that may be anticipated (judgios BY the
experience of the past) from the opening OF an
opposition transit line through Nicaragua. The
influence of such movement upon general busl-
ne.s and trade will be highly sautsry and its effects
must be felt, in greater or less degree, BY every
branch of business and BY every person in the
United States. CITIZEN.
Ntio- York June ~, 1853