New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1858-07-12
vanderbllt. NJ. Belly and the Transit Route

Vanderbilt, NJ. Belly and the Transit Route.
The New York Times Of the Sd publishes a letter
from its Washington correspondent, from which we
extract the following
Vanderbilt has probably beaten because of his long
purse and bis fast ships. For three long weeks it
was believed that M Belly had swallowed and digest.
ed Martinez, having dressed him up in TagoiI of
French protocols and biletS deS baRque. But while
the Frenchman was "palavering," the Commodore
was coming down with the dust, and it makes no diff
ference in the world whether Beys stomach has re.
belled and thrown up Martinez and his Government,
or whether the latter has rejected NJ Belly he is done
for and his famous grant not worth the snuff which
the diplomacy expended upon it has cost. Ia the
present state Of this affair it would be hazardous to
affirm that all settled beyond the reaction repent.
ance or retracton BY the vascatng powers or weak
nesses now uppermost in Central America, General
YTissar declares that it cannot be- because the field
was previously occupied by the old SHE Canal Com
pany and the White and Stebbins contract and char
ter. But If the General is a lawyer he knows that a
great many public transactions are actually accomp-
lishei which cannot be legally done,
1t is presumed that as Between Vanderbilt and his
precious sonsnaW and agents, on the one side, and
White Sebbns, Yrissari and the treaty on the other
our Government will be neutral There is one strong
and controlling motive with the Nicaraguan Govern
ment strongly in favor Of Vanderbilt and his arrange
ment. 1t is its fear and hatred of libusterism Van
derhilt hates Walker his followers and his cause as
deeply ana thoroughly rs any Nlcaragudn can do.
This he has attested by bis acts, and he has given
bond to sincerity in the remembrance Of his losses
through the free-booters, 1t is undenable that the
active and decided hostility of Vanderbilt did more
to reduce Walker to fatal extremties by the seizure
Of the lake and river boats than any other agency
But for that act Of vigor and policy the study for
students" might have escaped the peris which then
surrounded him.
In the meantime, and Rpevisas to the late import
ant adyices, the President had ordered all the large
ships in the Gulf and the Caribbean sea- tOgather at
San Juan, for the purpose of striking terror into the
minds Of all foreign Spectators in Transit schemes,
There is no intention of repeating the valiant per-
formance Of Capt, Hollins nor waging war against
Nicaragua, but simply to show the sharp men from
the other side OF the water that we have the will and
the means to guard the sthmns as an American high
way. This may not be exactly right on the principles
OF Yattel and Pufendorf, but it is sound policy and
just such practical assertion OF the Monroe doctrine
as can alone amount to anything It now remains to
assure the States of Central America that this Govern.
ment is as firmly resolved to protect them from the
forms Of piracy and robbery called hustersm, as it
is TO protect the right way for Americans and their
property over the lines Of passage marked out by ma
ture between the oceans. When this shall be done,
the Government Of the United States will have no
greater difficulty in regulating the transit OF the mails
and troops through Nicaragua than through Pennsyl
vania.