The Sun.
London, England, 1829-07-23 00:00:00

ANIERICAN PAPERS.

(From the New York Journal of Commerce of July 1.)

" INVASION OF MEXICO.

" The late news from Harannah has set curiosity
at work to determine whether the invasion of
Mexico is seriously contemplated by Spain, or whe-
ther all this pomp and circumstance's is merely a
feint for the accomplishment of purposes best known
to the power that moves the springs.
For ourselves, we incline to the former opinion,
Ist, because it is in perfect keeping with the whole
line of conduct pursued by Spain since the inde-
pendence of her colonies; and 2d, because we can

see no object to be gained by a mere feint, which
would at all compensate for the trouble and expence
of the expedition. To other nations than Spain, it
has long been apparent that the possession of her
former colonies was for ever lost to her; but she,
although holding not a foot of soil on the American
continent, has not to this day acknowledged their
independence, and seems honestly to suppose that
by might of magic, by hook or by crook, she shall
yet regain the sovereignty she has lost. The expe-
dition fitting out at Havannah is a legitimate result
of this infatuation ; and supposing it destined against
Mexico, is at least as well contrived, and as promptly
got up, as most other expeditions set on foot by his
Catholic Majesty for the maintenance or recovery of
his dominion in the West. Not that we suppose
there is the least chance of success, although doubt-
less a landing may be effected, and possibly as much
suffering occasioned to the Mexicans as will be ex-
perienced by the invaders. But what are 5,000 men
for the invasion of such a country as Mexico ? And
as to the 20,000 troops from Spain, who are to rein-
force the expedition, it is probable but few or none
of them will ever arrive.

" No argument, however, can be drawn against
the probability of the proposed undertaking, from
the hopelessness of success, for counting the cost is
not a matter with which the King of Spain is fa-
miliar, either in affairs of a political or financial na-
ture. Driven on by a blind destiny—the same
which has reduced his country from being the mis-
tress of Europe, to such a state of depression that it
scarcely occupies a place in the calendar of nations—
encouraged, perhaps, by the late disorganizing move-
ments in Mexico—and writhing under the loss of
8,000,000 dollars per annum, which he used to re-
ceive from it as a reward for his oppression—how
can it be thought strang►e, that with the feeble
means which he possesses, he should attempt once
more to bring it under subjection ? To this course
he would be urged the rather, by the remonstrances
which have been, or are likely to be, made by other
European Governments, in accordance with nu-
merous petitions from their respective subjects,
against refusing to acknowledge the independence of
the new republics, notwithstanding he had ceased
all efforts to regain them.
" The folly of this expedition appears to have been
well understood by Governor Vives and Admiral
Laborde, who (according to an unpublished letter
from Havannah), after receiving the first order to
make a descent upon Mexico, took upon themselves
the responsibility of postponing its execution until
they should have represented to his Majesty the
dangerous nature of the undertaking, and begged
his reconsideration of the purpose he had formed.
His reply was a peremptory repetition of the order.
" If it be supposed that the expedition is only
intended as a feint, we ask what can be the object
of such a feint ? Not, surely, to intimidate the
Mexicans into submission ; for this would be more
ridiculous than even the proposed invasion. No to
make an attack upon Colombia; for there an army
would be met, quite as efficient, if not so numerous,
as that of Mexico ; while the possession of the
country, if by possibility it should be re-conquered,
would be of far less value. These are the only
Spanish Republics which lie within the region of
the point of attack, except Guatemela ; which un-
doubtedly has shown itself worthy of being re-com-
mitted to the arms of its tyrant mother, though we
doubt if she would be anxious to receive it.

PRICES OF STOCKS THIS
Bank :tuck 213% 14U
3 per Cent. Red. ... ..... 89%%%
3 per Cent. Cons. 88%% 9% 8%
3% per Cent 9BY 94
Ditto Red. 98% 94 8g
4 per Cent. 'O3 2% 3%
Ditto, It2i 105%
Ditto Scrip --
Rink L. Ann.
India Stock 228% 8
! itto Bonds 57 55 pm.

PRICES OF FOREIGN FUNDS
Austrian Bonds
Brazilian Bonds 58%
Buenos Ayres Bonds
Chili= Bonds
Colombian Bonds
Ditto, 1824
Danish 69%
Greek Bonds
Ditto, 1825
Guatimala
Mexican Bonds
Ditto, 11125

. PRICES OF SHAWLS THIS DAY ♦T ONZ O'CLOCK.
Paid. Per Share.
Anglo Mex. Min. Co. (iss. at 51. pm.) £lOO 28 29
Columbian Mining Co. (iss. at 51. pm.) £3234 6
Real del Monte Mining Co.
United Alex. Min. Co. (iss. at 21. pm.) £3934 13
Protector Insurance Comp.