such as the Transit across the Isthmus, held by the owners of the lake and river steamers. When Walker saw the declaration Mr. Marcy made to the Costa Rican Minister, he felt assured the Allies would not attempt to interrupt the Transit and thus risk a rupture with the United States. Nor, in the face of this declaration, is it probable that Costa Rica would have attempted to break up the Transit without assurances of the act not provoking active hostilities from the American Republic. Heretofore we have seen the decided opposition of the Secretary of State to the American movement in Nicaragua. But he was reluctantly compelled to give way to the President in reference to the reception of Father Vigil. Mr. Pierce was, in May, 1856, seeking the nomination of the democratic party for a re-election; hence he was able to resolve on a policy displeasing to his chief minister. After the Cincinnati Convention, it was easier for the Secretary to manage the President; and the departure of Father Vigil from Washington having been procured, Mr. Marcy was relieved from the presence of a Minister of Nicaragua. He immediately ordered Mr. Wheeler to demand the causes of the revocation of the Accessory Transit charter; but in August he was disappointed at a reply which entirely justified the act of the Rivas administration. If, however, Mr. Wheeler proved not pliant to the purposes of the Secretary, it was easy to secure British aid for getting the Americans out of Nicaragua. And if Mr. Marcy would silently permit British power to accomplish this object, he might hope for a strong interest in the city of New-York to aid his ambitious schemes.