28 AUGUST 1852, Page 1

The exciteable portion of the American public having: lost all

hope of being able to blow up the Fishery dispute with Great Bri- tain into a serious quarrel, have turned their encroaching ener- gies in another direction. Some uninhabited islands, with depOts of guano, claimed by the Peruvian Government, have afforded them an opportunity or pretext. The name of the group is Lo- bos. There are two groups so named : one lies close in to the Peruvian coast, but the other far to seaward. The Americans contest the right of the Peruvian Government to claim this latter. group as part of their territory and prevent other nations from- collecting guano on it. Their reasons are, as usual, a strange med- ley: confident averments that the islands have never been taken possession of by the Peruvians or the Spaniards under the old re- ' gime ; . assertions that no government has a right to check American enterprise wherever it may seek a field of exertion ; and grave comigaints of the monopoly price at which the Pe- ruvians sell their guano. In short, the encroachment party in the -United States are preparing to extend to the Pacific that policy which has been so successfully, pursued in Texas and other parts of Mexico. Every extension of their 'territory, every increase of their numbers, appears to strengthen in the Republicans of North Ame- rica the propensity to make their absolute will judge of law and fact over half the earth.