Star.
London, England, 1830-05-07 00:00:00

MEXICO.

M. Da GoROSTIZA, Minister of Mexico, in England,
has the honour to communicate to the holders of stock,
in the loans raised in England for the service of his Go-
vernment, a translation of a despatch which he has re-
ceived by the last packet from M. ALA MAN, Secretary
of State for Foreign Affairs. _

" MICRICO, MARCH ft, 1830.
cs One of the most powerful considerations which induced His
Excellency, the Vice-President, to promote at the Head Quarters
of the Army of Reserve, the Declaration anti re-establishment of
I the Constitution and Laws, which has been called for by general
opinion in every part of the Republic, and authorised by the Coo-
grem of the Union, was the melancholy prospect of the National
Credit abroad. His Excellency observed with much sorrow, that
the violation of all constitutional principles, the scandalous attacks
which had been made on property, the want of security to persons,
the destruction of all those foundations on which alone the
of a State can rest, and the repeated failures to fulfil pecuniary •
ligation, had made a complete revolution in the minds of men ;
and that all the individuals bound before by sympathy or by in-
.terest to the success of the Mexican cause, finding their hopes of
re-payment defeated, became either hostile or indifferent, and
some of them even cursed the moment in which they had con-
tracted any engagements with our country. As men most com-
monly fly from one extreme to another, many of the very persons,
who, without knowing the truth as to Mexico, had formed exag-
gerated notions of its riches, and had ilattereithemselves with the
hope of greatly increasing their property, by merely employing •
1 portion of it in some of the undertakings entered into in this lie.
`public, at last even doubted whether its whole resources would avail
to cover its engagements.
" The present administration being strongly impressed by these
facts, and deeply feeling how important it would be to replace the
credit of the country on a proper footing, would have wished to oc-
cupy themselves exclusively with this subject, from the moment at
which they entered on their functions, had not Internal affairs of the
utmost importance demanded their instant attention.
" The Vice-President is therefore desirous that the laws estab-
lished for the support of the credit and good name of the State in
Foreign countries, should now begin to have all the force, which,
under the circumstances, is possible. lie desires this with that per.
feet openness and good faith, which he wishes to mark all the acts
of his Government, even amidst the difficulties in which he has
found the finances of the Republic, and which are notorious to all
the world. This statement ought to be considered as a fresh proof
of the sincerity of his promises on this subject, and of the sacrifices
which he is resolved to make in order to secure its prosperous
issue.

" The Law of the 23d May, 1828, set apart for the payment of
the Dividends, and the gradual extinction of the Capital of the Fo-
reign Debts, one Bth of the net produce of the Custom Duties at the
Sea Ports, and the whole of the Duties on exported Gold and Silver,
whether coined or uncoined. That law was not enforced, because,
while a part of the receipts from the Customs was pledged for a ape.
dile purpose, the whole of those receipts were, in fact, employed to
cover the expences of the Government.
" As these sums were applied to meet unexpected, but most press.
ing difficulties, and as the political condition of the Republic dimi-
nished the resources front which they were drawn, a sufficient revs.
nue never was obtained to supply immediate wants, and beside ex-
hausting all their actual means, the Government were compelled to
raise money, by anticipating the future produce of their Custom
Houses. These circumstances, and the necessity of opposing the
Spanish Invasion, led in many cases to the seizure, by the military
authorities, of funds destined for other purposes ; and thus froth
losses were incurred, and ruinous contracts could not be avoided.
" Happily a decree of the Senate, suspending the terms of the
last loan contracted (at Mexico), by virtue of the extraordinary
powers granted to the last administration, has enabled the present,
with the consent of the mediums, and the approbation of the cham-
bers, to set her a considerable part of the receipts of customs at the
sea-ports ; it having been settled with the said creditors, that, as
the previous contract is entirely rescinded, the sums for which the
Public Treasury is tesponrible to them, shall be paid by lb per
cent. of all the duties on imported commodities. The Government
have thought themselves obliged to make this arrangement, because,
although the above.mentioned loan was taken on most unfavourable
conditions, they desire, as far as possible, to do justice to all their
creditors. Eighty.five per cent. of these duties will thus remain
unappropriated ; and though the Government do not forget that this
source of revenue, and all the others, diminished as they are by past
political disturbances, would not suffice to meet the most pressing
expenses of the State, they have resolved to apply an Bth of the
produce of all duties on imported goods, as pledged in the law be-
fore cited, in paying the interest on the loans raised in London;
but not for the present to employ in this way, the duties on the pre-
cious metals, spoken of in the same law; and this because, in con-
sequence of the difficulties which I have stated, the Government
cannot reckon with confidence on being able to fulfil more than what
is here promised. If they were to engage themselves more largely,
besides renewing disappointments similar to those produced by their
rs, they would compromise that good faith which they
Edireeeetsolwmaintain, and would even render ineffectual their own do.,
sire and confident hope of continuing to fulfil all that they have
now undertaken, and to make regular payments to their English
creditors. Consequently, his Excellency, the Vice-President, with
the knowledge and consent of the Minister of Finance, has desired
me to inform you of his views, and to direct that you will Imola.
diately communicate them to the principal holders of Mexican
bonds ' • and that you will, at the same time, make public the means
which his Excellency judges to be most proper for Riving effect so
his wishes.

" It is probable that this may best be accomplished by calling a
Meeting of the principal Holders of the Bonds in London, who may
name en individual in possession of their confidence in this capital,
and to communicate constantly with the Government. Agents may
be appointed by him at the Ports of the Republic; and ammo.
diately after the arrival of a vessel, and the determination of the
duties to which her cargo may be liable, the eighth Share shall be
set apart, and shell be in the power of the Agent at Mexico, and
be held by him at the pleasure of his constituents ; subject, how-
ever, to the delay of forty days in its payment, which is granted by
the National Tariff; it being also understood, that the responsi.
bility of the Mexican Treasury, far whatever sum may be in ques.
don, shall cease from the moment when it reaches the hands of the
English Agent. The Mexican Government will undertake to dis-
charge the per.e.entage, payable as duty on the exportation of these
sums, the freight to London, and the commission ; reckoning the
sums in question to the rate of exchange for the Mexican
dollar in 'London. The ernment will not confine themselves to
this, but will occupy themselves in regulating the finances, and will
low no opportunity of applying any other funds that may be in their
power to the payment of their debt; and more especially will take
we to enforce, completely, the law above cited, so soon as the en.
gagement shall terminate,, by, which lb per cent is pledged for the
payment of the Loan last contracted [in Mexico.]
As the house of Bering Brothers and Co. Is one of the most
eminent and respectable of that kingdom, and has already rendered
important service to the Republic, the Vies. President wishes that It
should undertake, en the part of Mexico, the operations rendered ne-
cessary by the adoption of the present proposal His Excellency
would be highly gratified If the same house, with its mots in this
capital, was to be selected on the pert of the creditors of the
republic; a choice which would much facilitate the necessary ar.
rangements.
" The Viee.President is well aware, that the present offer may
appear, lo some eyes, too frank an acknowledgment of the digeal-
ties of the nation, and may disappoint the tropes of sonnet the Bond
Holders. But he trusts that it will also be considered as an evidence
of the sincerity and good faith with which he desires to set ; and
that the creditors of Mexico will perceive bow far more advents-
, geous it is foe their interests, that these, comparatirely.small engage-
ments, should be regularly fulfilled, than that larger sad more mar
nificent promises should eallein Aqaba sterile.
" Having thus statotlas pupa* tithe Goinonment, I may add,
that as soon as the pelisse at by doll pus, which has been pre-
sented to the (,`hevsr of Nob% in the subject of the Lawny
of the limits of the Begrablia, and of which the first article pennies
the importation of Ceteanipetis for a fixed period, under a certain
duty, the Customs-dudes will be iitexessod, snd, an a suldiclic cal-
culation, will probably imam to sewnest dila WIDOW Of dalnite.
In this aye, the 60th put snowball so thomtZliobCraillont
will very nearly ouia far dot
*4 psylant tig
(11411 AIWATi•
" To M. De Gorostise

I M PERIA L PA RLI AM ENT.

HOUSE OF LORDS+THURSDA T.

Several petitions were presented against the renewal of the East
India Company's Charter, (or the Abolition of the Punishment of
Death for Forgery, and for the introduction of the Poor Laws to
Ireland. On the last subject,
The Earl of DARNLEY presented a petition from Kingstown,
King's County. The noble earl described the petition as being nu-
merously signed, among whom were a hundred gentlemen worth
1,0001. each.
The Earl of LIMERICK deprecated the introduction of the poor
laws to Ireland, and said that, if such a system ever were adopted,
it would prove a national calamity. If the petitioners were gen-
tlemen, he would observe, with respect to their prayer, (the Loam
help them, they knew not what they did.
The Earl of DARNLEY said that the petitioners resided upon
the rpm, and bad a good opportunity of witnessing the evils attend-
ing a want of parochial support for the aged and afflicted ; and they
thought it high time that those genticeelel should contribute scene-
tani wads the maintaaance of the hewer deems, when eeeemAteu
by sickness or infirmity, who drew their resources from the estates
upon which they did not live—(hear.)
After a few further remarks from the Earl of Llmtatck.
The Earl of ELDON said he should be glad to know from his
noble friend what it was, in law, that constituted a gentleman ?
(a laugh.)
The petition was then laid on the table.
The Earl of 310UNTCASHEL presented a petition from Fox.
ford, in the county of Mayo, praying a revision of the Ecclesiastical
law of Ireland : also another against a clergyman in that county for
an alleged violation of the Ecclesiastical law (we believe), which, on
the motion of the Duke of RICHMOND, was rejected by the house.
The Earl of MOUNTCASHEI. likewise presented a petition,
but which he withdrew, there being no prayer attached to it. The
noble Earl also presented a petition from the Rev. Thomas Smith,
which was read at length. He stated himself to have been 17 years
a clergyman of the Church of England, without obtaining prefer.
ment. The petitioner went on further to state that he had no pros-
pect of any.—(A laugh.)—He also prayed that no nobleman's son
should be permitted to receive Holy Orders.