The Express.
London, England, 1861-07-04 00:00:00

THE EXPRESS, THURSDAY EVENING, JULY 4, 1861.

MEXICAN BONDS.-(THIS DAY.)

SHARE L1525.-(THIS DAY.)

A general meeting of the Mexican bondholders
was held at noon at the London Tavera—Mr. D. ROBIZT.
eon, M.P., in the chair—to receive the report of the com-
mittee, and for other purposes.
The CHAIMAIL in opening the promedings, observed thee
all the South American States had found by experience
that honesty was the best policy and now their
dividends as regularly as any European State.peed That
Mexico, which was richer than any of those States,
had not done so, was owing to the frequent changes
of governmest. It was now time to take high ground
in dealing with the Mexican government. (Cheers. The
English government was becoming more and more alive to
the duty of protecting English interests, but nevertheless it
was necessary to make an energetic demand for
effectual assistance. As to good offices, as they
were termed, they might mean anything or nothing.
The robbery of the 660,000 dollars had no parallel in the
history of nations. There was no instanoe in which subjects
of this country had been subjected to similar treatment, and
redress had not been immediately granted by the British
government. (Cheers.) There were two or three Tavola-
nose, which be had already laid before the Foreign-office, and
would now submit to the meeting. They were as follows :
"That this meeting respectfully but firmly begs her MA-
leggy's government to continue their demand upon the go-
vernment of Mexico for the restoration and repayment of
the 660,000 dollars with interest, along with costs incurred,
as is usual in Mexico, namely, I per cent. per month, as
waa fixed in the case of the robbery of the Conduct& to
Tampico by Dagollardo. Having reference to the
solemn decrees of the legislatures and agreements
entered into by the government of Mexico in
respect of the English debt, by which special
samponents of Custont-honse duties, kc., have been made,
this meeting also bees her Majesty's government to insist on
the government of Mexico faithfully adhering thereunto.
Having referred to the correspondence which has taken
place for some years peat between her Majeety's government
and the committee of Mexican Bondholders on the subject
of interveinors is the Custom-house, and especially to
Lord Malmesbory's letter of instructions to Mr. Otway of
the Ist of July, 1856, and to the general conclusion &mead at,
this meeting beg her Majesty's government to instruct their
minister in Mexico to insist on interventors being appointed."
If the British government was to submit to insults like,
those which had occurred there was an end of the respect
doe to the tiag of England. (Hear, hear.) The only de-
fence set up for the robbery of the 600,000 dols. was that It
was taken by persons over whom the existing government
had no control. What would be said if England were to
set up such a pies with regard to a debt due from English-
men to foreigners? (Hear, hear.) Mr. Matthew was
told not to recognise the new liberal government until
indemnity had been granted for past outrages of this
description. His anxiety to recognise it and his conduct
afterwards led to the worst results. Their own commis.
dotter, Mr. Whitehead, was not altogether free from blame;
be gave a sort of sanction to Mr. Matthews' conduct. A more
honourable man did not exist, but he had prefered Mexican
opinions to English ones, and had not followed the instruc-
tions of the directors. It bad been recently intimated to him
that in future he would not receive any mosey except
his per eentage on the account' remitted. Lord John
Russell and Lord Wodehouse were most favourable to the
claims of the bondholders, and he tholight that a deputation
should be appointed to wait upon them, and that the
meeting sMwld be adjourned, in cedar that they might all
know the result as early as possible. In conclusion, he ex-
pressed his belief that Sir Charles Wyke was the best man
that over went oat to en American state as the representa-
tive of this country. (Hear, hear.)
Sir H. Shaun considered the negations read by the
chairman two mild. He was for saying to the Mexican
government, " this, or take the coesequences."
The CHAIRMAN said it would be useless for the hood-
holders to titration war ; they most leave the mode of
action in the hands of the government.
Admiral WALLIS said they had now arrived at such •
pitch that they must forfeit all they were entitled to, or at
once have it. (Chain.) Let him be entrusted with the
command of a squadron, and the money would soon he paid.
France and even Spain had set this ootunrya proper example
in that respect. (Hear, hear.)
The CHAIRMAN said he would willingly accept, though he
could sot propose, some more energetic resolutions than
those which he had himself submitted.
Mr. GiRSTINBERI: thought it desirable to increase the
number of the committee, iu order to strengthen it.
The result of the discussion, which was a very protracted
one, was that a deputation was appointed to wait upon
Lard John Russell, and an understanding was come to
that a meeting would be conveped to consider the result of
the interview.

Two o'CLooz.

The railway share market to-day is
heavy. A reduction of Ito * per cent. has taken
place in several of the principal. stooks. Lon-
don and North Western stook is now quoted
9341 to I, a reduction of * per cent. ; Mitlland,
120 to 121; Lancashire and Yorkshire, 1111
to 112 k; South Eastern, 82 to ; Eastern Coun-
ties, 491 to ; and Caledonian, 99 to *.
Lombardo-Venetian Railway shares are
hunk
of to 9-18 dis. There is a rise in Grand
of Canada Railway stock.