New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1858-01-06

ent Administration, representing almost exclusively
the Slave Power il not only willing but ANXIOUS 70
forward the designs Of the extreme South, II u can
do so without exciting civil war or bringing about
an immediate dissolution Of the Union. Her secret
offers Of protection and commerce 10 the agitstors
Of the Nashville Convention, many years ago, show
that strong party in the aristocra,ic Government
of England would favor the establishment of an in
dependent Slave Republic on this continent Her
present embarrassments in India, aud her CONNER.
sisl dependence upon the South for supply Of cot.
ton. aud upon the entire Union 81 a market for her
manufactures together with the necessity Of foster
ing the free-rade principles Of the South, not only
increase her dependence upon Us, but render her
essentially and really the ally aud supporter of the
Southern system.
England would not lend herself openly 70 the
establishment Of negro Slavery in Central America;
but il il fayors the dissolution OF the political
bonds between the North and South, or secures
powerful influence for her at Washington against
the Northern Protectionist party, her sri-toeraey
would shut their eyes while the work was oe'ns
done BY others.
We are now able to understand the true import
OF the Yresarri contract and treaty. Great Britain
had set the example of ignoring the American con-
structon Of the Clayton and Bulwer treaty oy con-
GLIDING separate treaty with Honduras ,n winch
she guarantees the protection Of Squiers Honduras
Interoceanic Railroad. This treaty, protesting to
be in the spirit Of the Clayton and Bulwer treaty,
and really adopting the British construction Of that
instrument guarantees the grants of Squier & Go.
which cover the best lands of Honduras, and
pledge alternate and complete protection to the
enterprise against all interruption from any quar-
ter Whatsoever"
Honduras, guaranteed by British Protecuon
against the Transit buccaneers rests for the present
in security The Yrssarr treaty, which is reported
10 have been ratified BY the Constituent Assembly,
or Representative Government Of Nicaragua, IS an
imitation of Sauiers treaty between Great Britain
and Honduras, which was ingeniously worded BY
him, 30 as to have the effect and value OF defen'
sive alliance.
Although the Yrissarri treaty is made with gov.
erpment of which President Martinez is the
head Il is. in effect treaty ruth the Buccaneers,
and ras rot mp and ,eorded for their benefit pnd
protection.
The managers of the complicated intrigues OF the
Nicaragua Transit-at the head Of whom stands T..
X Garrison of California, now of your city and OF
Stamford Conn., having failed to establish the va,
ldy of the original Walker Rivas contract anected
to retire altogether from their bucaneer operations
and opened apparently peaceful negotiations WIN
Costa Rica through Webster and Harris. and with
Nicaragua through J. l.. White snd Yrlssarr, the
Nicaraguan Minister. have already explained the
subtletes by which they expected to draw IN Costa
RIGA 10 premature surrender of the lake and river
boats; intending, immediately after that, TO throw
themselves upon the Yrissarri contract, made with
Nicaragua exclusively as preteAt for paying neth-
ing to Costa Rica.
Costa RIGA having lost her contract by an
untimely conses sion, the buccaneers we're to be
introduced as defenders Of the Yrissarr contract.
Meanwhile, the new treaty being confirmed by the
Nicaraguar Government would empower the Admin
mtration to introduce an armed force, or 70
authorize the enlistment and shipment Of bucca:
neer force in tho United states, under Tue PreteAt
Of defense. -
II WAS understood the river and lake boats were
10 be conceded to Garrison L. Morgan, under the
old Walkcr.Rivas grant, as soon as the buccaneers
should have taken possession OF the Transit This
was done. Commodore Paulding's interruption has
momentarily disturbed the plans of the South and
OF the Administration; but the excitement which 1t
has created in the South is rather likely to precpi-
tate matters, by compiling Mr.. BsehH""n TO shoT
his hand In future his Southern supporters Will
have more confidence in him, and will not be 30
easily deceived by the gaseous denunciatiOns OF
message. Words for the North, actions for the
South.
In the arithmetic Of the common law, four defec-
tive titles are not equal TO one good one, even with
actual pOssession; but in Transit matters, actual
possession being secured, with four detective titles
in their hands-two from Costa Rica and two from
Ncaragua-Alessrs. Garrison, Morgan q Go. might
consider themselves in good position especially If
and being the largest creditors of buccaneerism
from the commencement.
The Transit game has been played for the most
part outside the Administration circle. All that
was known within the circle of the later operations
of Messrs. Garrison & Morgan was, that they rep
resented the Southern Pro-Savery party politically,
that they had grant from Walker, made when
he was President Of the Isthrnus and that they had
suffered heavily in the cause" This was sufficient
for xyh Qssu
that he would be sustained. My authority for the
following statements is no less person than an ex
Governor Of Caiornia--now Minister for the Uni
ted States in South American State, and who, in
his capacity of Governor one Of the most useful
friends of that strong-wiied. sefreant man, Brod-
erick Of California.
This Ex-Governor, who, though round. fat and
oily" slippery is not in the clerical OF political
sense "a man of God" but only very good
natured gentleman, was heard TO say that IN the
latter part Of October or thcrcabouts, 1856 (the
exact date is not essentially, Mr.. G. X. Garrison,
Democrat, and ex-SIayor Of the City Of San Fran
cisco, visited :" his friend" James Buchanan at
Wheatland and passed day with hha. '3
At this time, it will be remembered, Walker was
being gradually beaten back BY the Central Arperi-
cans, and had Withdrawn himself from al the North
aud west Of Nicaragua into Granada, which was
threatened by the allies from Leon and Chontaies.
Mr. Garrison developed in glowing terns-such
as he u well known to be master of-the magnifi.
cent results that might be expected from the enter
prize of the buccaneers; no less than the Amer.
eanization," l. e.. conquest, Of the whole of Central
America. lie also explained in that broad, able
and satisfactory manner for which he is Justly cee.
brated, and to which he owes, in fact, the greater
part of his successes as fDansier, the eusiness
relations into which he had entered with Nicaragua;
passing over Accessory Transit operations as tnings
Of small interest, already forgotten. he did not
claim the real and solid merit for Walker which
,al4-4, ~ IN ooneada 10 him "a the niOneSY Of the