Southern Christian Advocate

IMPORTANT FROM NICARAGUA. -- We are in possession of private reliable advices from Nicaragua of the highest importance. Walker's position is a most precarious one. He has only 1200 followers, whilst Rivas, who still contends that he is President, is fortifying himself and has already 8,000 well-armed troops. He has the sympathy of the entire country except the few Americans who still adhere to Walker, and his countrymen are daily rushing to his standard. Honduras and Guatemala are organizing forces to invade Nicaragua and drive Walker from the country, and it is understood that as soon as the dry season now near at hand, they will make a descent on Nicaragua. Rivas will of course receive their sympathy and co-operation, as Walker is now regarded by the people of Nicaragua as a usurper. At first they were disposed to look upon him as their deliverer but his many blunders and acts of cruelty have induced them to change their minds with regard to his character, aims, and purposes. The causes that impelled Walker to go to Nicaragua no longer exist. The people of the country no longer want him, and as he went there upon their invitation, as he alleges, he should now leave, since by his acts of cruelty he has driven them from his support. They prefer one of their own countrymen to preside over them; and hence they cling to Rivas. - Walker's arrogating to himself the right to depose Rivas the people of Nicaragua do not recognise. They regard Rivas as the rightful President. The commercial and business resources of Nicaragua, we are assured, are in the worst possible condition. Business of every description is entirely suspended, and there is little money in the country. The greatest distress prevails, and the future as well as the present of Nicaragua presents a sad picture. Panama Herald.