Weekly national intelligencer. [volume] (Washington [D.C.]) 1841-1869, 1845-09-13
EDITORS coRRssPoSDsScE,
New OnLEAss, sEprrmBra ., 1916

pico bringing advice Of the dissolution of the Mex
lean Cabinet, and the report that HERRERA had been
elected President The military reports by this
arrival are pretty much on par with those we
usually have from that quarter. They are really
amusing and, what is still more so, is the gravity
with which they received and discussed by
certain class Of wiseacres The present plan OF
Mexican operations is, that General PAREpEs, with
two thousand men, is to be reinforced with fifteen
hundred more, and then to march some FIVE or six
hundred miles, through new and unsettled coun-i
try, to capture Galveston Island, whilst General
ARIsTA is to attack General TAYLOR, and after cap
turing his army, ISL suppose, to destroy the Ameri
can squadron. And. Notwithstanding all this, Gen
eral TAYLOR is so fool-hardy and infatuated as to
write that he does not want any more troops, not
having the fear before his eyes of ARIsTA and his
four hundred ragamufiins or Ito take the highest
estimate) fifteen hundred Of them, that said to be
at or near Matamoras The fact is, General TAy-
LoR appears to be an officer of sound judgment and
discretion; and whilst he does not fall into the
ror Of despising his enemy, but takes all needful
and proper precautions, yet at the same time he is
not led away or frightened from his proprety"
by the absurd and ridiculous reports that have been
circulated of the Mexican force. He has been join
ed by the Dragons under Colonel TwIGGs, and
feels perfectly confident Of his ability to resist any
thing that Mexico can bring against him, and parti-
cularly when he receives the different detachments
of artillery that are the way to join him. From
the tenor Of the private letters from the army, il
would appear that there is no intention Of moving
from their present position on the Nueces, and as
little that the Mexieans will cross the Rio Grande
thus leaving the territory between the two rivers as
kind of neutral ground. Indeed, there would be
great difficulty in moving and sustaining an army
in the country lying between those two streams.
So soon as the Presidential election is decided,
and the new administration organized in Mexico,
we shall probably hear very little more of warike
nature from that country. Some Of our presses,
see have started the notable idea that Great Britain
would urge on Mexico to war with the United
States, and even supply her with money for the
purpose. Great Britain, like all other nations Jour
own Of course not excepted) pursues course of
policy which she believes is calculated to promote
her own interests and what profound ignoramus
must he be who can for moment suppose it would
be for her interest to create or see war between
the United States and Mexico, well knowing that
the only possible result Of such war would be the
acquisition by the United States of additional terri
tory, and seaports both on the Gulf and the Pacific
Let us hope that we have already seen all the war
that is to grow out of the Texas question.
The note of preparation wakes louder and louder
for the war on the tariff The keynote has been
pitched at Washington and the whole pack have
opened in full cry, North, South, East, and West
Again say, be it so Let the battle be fought on
that ground, and IL they ean succeed In pulling
down the pillars Of the national prosperity, let them
take the consequences to themselves and to the
ton. The Union, see, is paradng the great pro-
fits of the manufacturing companies, as exhibited in
their dividends, and that new factories are starting
up in every section of the country, and in large
numbers, as well on large scale of operations,
showing las it asserts that that branch of industry
is obtaining much larger scale Of remuneration
than other lines Of business II is an undisputed
fact in the science of political economy, that no par
ticular branch of business, which is open to free
competition, can maintain dsproportionate rate Of
profit over those Of the other great branches of in
dusry in the same nation, and particularly in free
and enterprising country as that Of the United
States IT, as asserted the manufacturers realiz-
ing twenty or fifteen, or ten per cent. per annum,
there are millions on millions Of capital in this
country that is seeking employment at much less
than the last mentioned rate, and which will be
thrown into manufacturing establishments, and are
in fact being thus employed, in erecting the new
works and machinery in every direction and if
the present millions not sufficient, other millions
will be added until full competition has brought
down the profits to level with that of capital other
wise employed. If ships yielded certain annual
profit Of 90 per cent how soon would additional
tonnage be built, that would by competition reduce
that profit to a moderate rate IF, as asserted, the
agrculturist receives but profit of or per cent,
il is TO be attributed to the extent of the competition,
there being too many producers and not enough
consumers but if those profits were doubled or
rebled, how Immediately would capital be applied
to agriculture, and again reduce the gains Of
course the same rules will apply to manufactures
and if their present profits are so enormous, il can
in the nature of events be but for short continu-
ance, Il is also entirely lost sight of how many
years they have suffered of depression and distress
from want Of dividends, and how large portion of
the present profitable establishments the wrecks
of bankruptcy, purchased by their present proprie-
tors at a fourth or tenth of the original cost.
But in all the clamor and outcry that has been
made, particularly in South Carolina as to the OPP
preston by these manufacturers and their enor-
nous profits and fortunes made at the expense of
the South, il has always struck me with surprise
that the South did not avail themselves of the adj
vantages which they say the tariff affords. Why
do they not establish manufactures, and participate
in these large profits that we hear so much about
The field is open to them as well as to others, and
they have many advantages not possessed by their
Northern brethren, particularly in having not only
the raw material, but also the market for the manu-
featured article at their door, saving freight, COM
missions, insurance, &c. both ways. have never
yet this question answered.
New cotton begins to come in freely, some seven
or eight thousand bales having arrived. We hear,
usual, some though not very extensive complaints
as to short crops. The cane has decidedly been
and very considerably injured by the