The Sun.
London, England, 1862-09-10 00:00:00

MEXICO.

(From the Money _Market Review.)
The recent advices from Mexico complete the picture
which that country had previously presented of the entire
loosening of all the bonds of social order and security. It
is somewhat curious to trace the progress of events in that
country during the last two or three months, and to observe
how they have all been tending towards the consummation
now approaching. The inconsiderate conduct of a French
officer, who, being sent on a more party of reconnoisance to
Puebla, thought fit, without the authority of his command-
ing officer, to commence a regular attack on a fortified posi-

tion, of the strength of which he was unaware, and in which
attack he was repulsed, was a great triumph for the Mexi-
cans. They had beaten the French—it could not be denied.
If anything would have imparted vitality or consistency to
the existing Government here was the event to d• it. What
has followed ? They mustered all their forces under some
amount of prevailing enthusiasm. They went to attack the
French in their isolated position. They chose their own
mode of attack. Their force was superior to the French.
They were utterly defeated and driven back ; and since the

14th of June not a Mexican soldier has ventured to show
himself in the presence of the French, except as an ally.
The generals began quarrelling with each other, Zarogoza
wrote to the Government in Mexico (part of his despatch
was inserted in a Madrid newspaper), complaining that at
the moment of action Ortega, with his men, were nowhere
to be found. There has been no rally of military force since,
and the Mexican army is, in short, for all practical pur-
poses, annihilated. At the very same time the Government
by every act of violence and tyranny that can be imagined,
by ddefiance of the principles of public law and the usages
of nations, shows itself utterly incompetent to carry on the
political functions of a Government. Nothing could more
completely support the Emperor of the French in the course
which he has taken than this development of the entire
rottenness of the whole Mexican system. Whether it be the
Government of Juarez, or Miramon, or Comonfort, it is all
alike. An utter want of principle prevails throughout.
Happy for Mexico will be the day (and it is not far distant,
for it appears that 4,000 French troops had left Martinique
for Vera Cruz) when the French commander shall arrive in
the city of Mexico, and invite the sober and respectable part
of the nation to come forward and choose their own Govern-
ment, under such a protectorate as France will afford them.
As soon as this done, we shall have a splendid trade with
Mexico. As regards the bondholders, their rights, we trust,
will be permanently secured. We see already that when
the allies had possession of Vera Uruz, 90 per cent. of the
Customs duties were at once ordered tt, be put aside to meet
the bondholders' and other pecuniary claims. Two inter-
ventors were appointed to see this done. We shall hear no
more of " misappropriations" of funds specially dedicated
to the discharge of most solemn engagements, when once
the new Government is eaablished, and we must honestly
confess that we shall have to thank our neighbours across
the Channel for doing it. The agent of Messrs. Baring
was in the city of Mexico by the last accounts.