The Express.
London, England, 1850-01-19 00:00:00

the 12th bud, when oompared with the returns for
the week previous, give the following results:
=100__.!..----• £30.078,8111 Demur £191,790
anna1a........ 19,061,300 lmmo 119,0u0
Pu11ia115010.......—. 6,974,600 Damon 4,346.611
Oiordepsdisi..... . 11,141,116 lneweass 1,303,630
Givenmeresesstais 1 14,294,564
O6.161.1=1"a"
dor
Wand leaks 16,814,043 ...... Detrinss 904,417
Omse dottierMs 1,138,409
1,198,621
SLICK OF LI (ILLS D.—Accoore to 1116-974ak 44441 mg Jan. 1; LIM
1
isasteeee -- ...... Agrowitiesraroo=sasl. DiEt.... a 11.015.130
069 1146nettlo 1.964.144
Gold Clala and 365469 16.796666
atm Baba
3830.071.183 £30,073.661

, . witN; IifIiSTNIIII. _
MakhaV °IOW., • ...1614.i61.000 Governmilai Ilonsttloo
luta; tiWiinaii: 4195421 ttrityljrd weight
5t4.188.584
andso Ono.
Mona of li= ..... ......
Othirtiontritiol ...... 114099.1.051
Noir -.,. - - „...... 10,89485
Dolikanl Div. Amts.) 6.974.800 0014 noB Rim Coin .. 738.358
Other Deport. ... . - 11,241.118
Soves-dosiuld other BUIn 1,1144i.0
f. 38,121.148
438.124.148
Jai. 17. 1850. X. MARSHALL. Chief Ore W.

The following letter has Um handed to us for pub-
lication by the committee et Spanish American
bondholders :

10, New Broed-street-mews, Jan. 18, 1850.
fiir,—His Excellency the Mexican Minister at this court,
having issued a public notification to the effect that sufficient
funds have teen placed in our hands by the Mexican govern-
ment to discharge the remaining part of the dividend due
on the let January, 1847, we think it incumbent on us to
address a few observations to the committee of Brutish
American bondholders in relation thereto.
We regal to be under the necessity of giving a oontradic-
lion to any statement pot forth on behalf of the Mexican
government, Lett the facts of the case compel us to do so.
It is not true that we are provided with funds to pay the
dividend in question.
On the let June last we transmitted to the Minister of
Fi..ancs in Mexico our account with the government, up to
the 4th of April preceding. Its receipt was acknowledged
on the 13th July. Although we have letters from the
Minister of Finance to the 13th October, no intimation is
given to us that any exception has been taken to that account
orsrly error discovered therein.

OS the said acouunt we rendered a continuation to the
Mexican minister here on the 11th inst., and we have done
t►e same to yourself as chairman of the clmmittee of bond-
holders.

It results, therefrom, that the sum of 10,3671. 13s. 7d. is at
present required to he placed in our hands to meet the said
remaining pontor. of the dividend.
The misconception under which the finance minister
labours will be evident to the committee by a perusal of the
inclosed translation of the last communication received by
us from the said minister, dated Mexico, the 13th October,
and of the copy of our reply thereto, dated the let ultimo.
It will be seen thereby into what a serious error the minis.
ter has fallen, as to the amount of bonds which he assumes
to be in circulation, although documents were in existence to
the archives of the finance department of Mexico, long since
transmuted by us, and acknowledged to have been duly re-
' ceived by the government, showing the true position of the
matter.

It is on the founds' ion of so great a misconception u this
that the Minister of Finance assumes that funds are in our
hands sufficient to pay the interest on the debt, and reite-
rates the determination of the government to withdraw from
us the agency of the debt—a proceeding in which the go-
vernment cannot possibly persevere when it shall come to be
accurately informed on the matter—firstly, because it is at
variance with the condition incorporated in the bonds
issued for the Mexican debt ; and secondly, because it has no
lawful ground or pretence whatever to rest upon.
The government availed itself of our 'sorry to effect en
its bahalt an important, responsible, and laborious financial
operation on the condition of securing to we the mercantile
agency resulting therefrom, and this engagement cannot be
bre ken without our consent.

In giving this expisnation we beg to disclaim all intention
of offering any disrespect to the Mexican government. It
is evident from the frequent changes that have taken piece
in the administration of the department of finance in that
country, that the new ministers successively appointed thereto
are not, and cannot be possessed with a due knowledge of
the acts of their predecessors, and hence errors arise leading
to minonception and perplexity. Since the month of Blnch
last no less than four different gentlemen have successively
had charge of this important department.
No greater pr, of can, indeed, be given of the mistakes and
inc,nsistencies which ensue from this state of things than
the fact which will be in the recollection of the committee
that on two former occasions the Mexican government g:.ve
notice to us that it withdrew the agency, and subsequently
revoked both notices. On the first of these occasions the
committee gave us notice that it would look to us to retain
the agency in conformity with existing emgagew.ents, sod
protested against our coneutrina in any act whereby :he
same might pass into other bends. It will not be out of
place here to transcribe the following portion of the Ltter
which we addresnd to yourself, as chairman of the com-
mittee, under date Nov 17, 1847 :
" On the arrival in Mexico of the intelligence of the
arrangement which took place in London, in June of liat
year, in relation to the consolidation of the Mexican foreign
debt (a change in the government having into men (1). that
arrangement, as the committee are aware, was not coidirm• d
by the then existing government. Notice was then% ou
given to us that our appfintment as agents of the govern-
ment was suspended ; and we were instructed to deliver
up to the M. dean consul all monies and effects which ni.ght
be in our possession in relation to the 81 :lean debt.
" The committee immediately intimated to us that it de-
murred to that order of the Mexican government, and re
minded us of the 'responsible position in which we steed
towards the b3ndholders.'

" Subsequently the government, on being more fully in-
formed of the particulars of the proceedings which had taken
place in relation to the consolidation of the debt, deterthined
on ratifying the acts of its minister in London, whereupon
we were instructed immediately to resume the agency.'
" Subsequently again to this notification, asd without say
previous intimation to us, we were apprised that the govern.
ment had appointed Mr. M. 1. De Lizardi Its ageht in
London. And since that announcement a remittan,* hes
been made to us in our capacity of agents for this debt."
This extractipoints out in a sufficiently strong light th•
vacillating and inconsistent character of these proceedings,
and the necessity of strictly upholding the arrangements
made at the conversion of 1846.
We beg to advert, in conclusion, to the arrangement lately
entered into in Mexico.

We are aware that this agreement has not been confirmed
by the bondholders, and is consequently without effect, but
with respect to one of the provisions suggested therein, we
beg to say that there can be no possible objection on our
part to the funds, whilst accumulating for a dividend, bring
in tutors deposited in the Bank of England, if that course
be preferred, we being in that ease necessarily released from
our present obligation to allow interest thereon.
Haring stated in a former letter that as soon as the at :re-
said sum of 10,3671. 13e. 7d. is placed in our hands, w: itiat
proceed to pay the remaining part of the diviu.nd, we
have only to add that we remain, sir, your obedient
servants,
(Signed) JOHN SCHNEIDIII and C."
G. R. Robinson, Chairman of Committee of
Spanish Bondholders.
Annexed is a copy of the statement furnished to
the committee by Messrs. John Schneider and Co..—
The Mexican government in account current with John
Schneider and Co., in respect of monies received and raid
by them as agents for the said government, ter unit 00
account of the dividends on the Mexican toreign debt.

Jan. 12, 1850.—T0 amount rectuirt7d for the payment
of the remaining one-four of the dividsnd of
Jan...ary. 1847, represented by the warrants head by
us in exchange for the coupons £64,011• G 3
To 0013101iitielf therton

164,630 53

Jan. 12, 11130.—T0 balance anprovkled for

April 4 1149. By balance of aunt rendered this
i date, ncluding arum of 5,3911. 11c 34. allowed by
J. 8. and Co., Wr interest on the funds deposttedordli
them
From which deduct the following items &neat&
against the saidurphy sumEq. of 3,314 J. Ile. 3d., eta :—Draft
on the Mexican
dated tith August, 1346, to relmbur,e S. and Oct
the amount paid by them by order of the govern.
meat to O. tilfrista Esq., In remuneration or hls
services se the !pedal Oommlosioner Iter
conversion of 11118, which draft has sot Yetbeen
paid by the government
interest on legation drafty still wain 48-31 10
against the government, and! which In
August last amounted to 1,233 3
0 ft

01471 2 II
June 30. By ninittance per Severn ....... 1,011 ' 10
July 30. Ditto, ditto, per 'Manias ... 4034 1 8
Nov. 1. Ditto, ditto, per Calype 20.4 12 10
Ditto, ditto, per Trent. 6,t41 11 10
Jar. 12, 1330. Op blame ~. 10,36: 12 1

1111.540 II $

Las4coasa. 14, ISSO. (Signed) Joss Bearwreas am, Co.
DUBLIN STOCKS:4w.. 17.
8 per OWL Como
Beak
84 Omit Mask
iNif
: .
per Ilea
bow per Oesi City Deb. of 921. tie. Id. 7.
4 past. Pipe Water Deb. Now 1001.
lank
Osm:saw Oceapay (la paidl 4 I
WNW, Kim (B4. peki 1.:
Delia ma iiiet hoed=
ONO Ilsothers aull Wailers 14101.1. riri di i' !
11141=4 at. Waimea erg Royal Camel Oinpsay 474. Os. re
ILIORANGIVI AND WPOOKO .411110 AD.
RAIONIIO. Jas. 14.—Basburg Tbreaanid.a.ll•l4 per (eat-., 444
au% IN tawny; Lubeck Lau, MO, 971 ND., On weer , II ah.