The Express.
London, England, 1849-07-26 00:00:00

THE MEXICAN BONDIIOLDERS.

New Broad-street Mews, July 21, 1819.
To d. R. Robinson, Bag , M.P., Chairman of the Cotn-
mit.ee of Spanish American Bondholders.
Sig,—Wo have received from the Minister of
Finance of the Republic of 'Mexico, a letter dated the 13th
alt., in which he writes u
"Rio Excellency the President has seen, with the greatest
displeasure the measure that, without authorisation and
matrary to the @sprees orders of this department, you took
for distribntieg throe-fourths of a dividend, charging 4 per
cent. interest to the holders of the bonds, wider the pretext
of not having sufficient fund,, when you really had sufficient
hinds in your possession to have covered • dividend in the
converted bonds."
We think it right to state to the Committee of Spanish
American Bondholder, that the whole of this allegation is of

the most unfounded character.
It is not true that we took the measure in question con
teary to the orders of the Mexican government, tor the resin
that at the time we took it we had received no <rders from
the Mexican government on the subject whatever, cense-
quently we could not disobey orders which had not been re-
ceived. The facts are simply them.
On the 2nd of April we received from ideltra. Baring,
dc., the sum of 93,7604., ea aecount of the Mexican
dividends. This ens, together with the sum previously in
our hands, wee not equal to the payment of a hale-
yearly dividnid. Foreseeing from the BAUMs from whence
this payment nude, that no further remittance on account
of the dividends could be fortheimiog for some time, we im-
mediately gave nodes that, for the accommodation of the
bendMiden, we would advance to them three-fourths of the
dividend, oa their depositing with us the divi lend coupons,
and allowing interest on such advance until the time fed
paying the whole of the dividend should arrive. This con-
dition as to interest was Indispensable, because, as we stated
at the time, being by our agreement with the Mexican go-
vernment bound to allow Wenn cm the fund. in our heads
until the payment of a half-yeady dividend, we bad se
right to assume to ourselves the power of departing tem
this en • but we stated in a letter to the com-
mittee tZrR ese shiald submit to the Mexican government
the espeidedily of not enforcing the said payment of
Were&
By tbie premellag we afforded to the bondholders all the
seiserasedaties in our power without acting contrary to any
prime, or violating env existing engagement'.
gebsieneetly to this proceeding we received an order
hem the-Mexican government to add it* amount of the he-
leant le the dividend fend, and to pay • half. yearly dividend.
We immediately gave notice to the bondholders that this
to allow interest on the three-fourths of the
'lamed es 'excelled.
111611 he libation of the Meiline government to pay the
indeed is fell, we did not empty, beams the fends in
ow basis wee eel to the unmet required for that pur-
pose, diet eidleg Seto the balsam due to the 'Wormiest
me the kilieen mem&
The adedater of Seance states that the sun in ow hands
wee esibeent he pay a divi lend on the converted bonds. The
eraradttee will me that in this he seem= a wholly false po-
eldem The hada remitted to ea ere 'p.llBBllB loth whole
the Mama esesolidated debt. Ina bondhoers se had
defamed ...,stoma their bonds bed the right to eons for-
weed ad is se at any ussenat they piesesd. If we had ad- 11
malted the t of a helloed la fell, we meld not on
mone of law sr juidsk lase limited it to those
*be had emmeded their leak up to a amnia arbi-
teary hie, and have emieisi *see holism who bad
net elaverlei their beads, bet who were idly wain
fieweed to de ea. The mammies of the hash has ha fact
Crse anivelines the his mewed le by the Wan
llaetase, that bat little asw modem to wimples, the
Wide. Xereover, the letter how the teams sieiner made
an seek saggeetion. If the sinister had pregami le limit
the t of the dividend le the =neat .1 the bonds
eYse 'inverted, it weed have been homeliest& *pally
le liege implied with mil ea ceder, but he did net de so.
L .zs toirsillie Wired ea the whole debt to be paid, but
Main the asessiary provides for the puree.
The alkialles, therefore, that we have omitted to de that
which the Inds la ear heeds were soficient to "wide es so
do. is without the di krandatioe.
is ended= we beg to refer the committee to the Mete-
meat we NM them het menis, showing the men of smany
we had noshed as sieseat of the dividends, the appropna.
ties made theme, sad the amount still required to complete
**Triraseieme of a half-yearly dividend.
of the Mexican government will be found
as naw:rarsaatedlly the facts of the ease es it is at variant*
with the existing engsgemeet e of that government with our-
selves, the performance of which it will be ma ditty to m-
aim to insist upon.
We have the honour to be, sir,
Your most obedient servants,
(Signed) JOIN 8011111111:111 and Co.

FATAL ACCIDENT ET LIGHTNING. A SOLDIER
ItLimD.—Teeterday afternoon, about a quarter past four
Wain* a heavy thunder storm pmeed over Woolwich, sc.
compeaded with thick bail and rain. A vivid leak of lightning
wee sem, /showed immediately by a sharp short clap of
thatches At the time this swam wood over the Royal Ar-
tillery Rammit•field, two gunners of the Itoyal Artillery,
named Mtn ll'Quisey, of the 7th bettallea, and James
X2Andi, were steadies on the parade ground, and wises
the desk wet visible both men were sem to fall. Upon •
amebas of newness maxim is the spot, it was found that
311:Miney heentaramaserowly killed. and Milstead was
is a state d iseeswbihty. IJpos removing the latter to the
Rqyal Oniennee Hospital, and proper remedies being applied,
Masks id magnesium/Ad in a fair way of recovery. The
Metric Said pima through the hat sad bead of Id.taniney,
leaving a bolo esee*etely through the cap. and also into the
brain, so that his death lawn bays bees momentary.