True Democrat. (Paulding, Miss.) 1845-18??, 1845-10-29

evidence that California was morlgaged. But
these developments in Mr., RosA's report sus-
tain every assertion we then made.
In the course OF two years, the foreign debt
begins to fall due. Does any one believe that
Mexico can pay those nstalments? In truth the
conviction is universal that there is not the re-
remotest probability ofsuch an event, but as the
bond holders hold specific lien on California
and other provinces by the solemn and volunta-
ry grant the Mexico government, this security
affords fair chance Of repayment Though
they cannot t0recL0Se in a court of law, thus OBJ
tain instant possession the English government
can very naturally ne gotiate for an absolute ces
sion Of California. offering to assume the twenty
millions ofdebt due thereon by Mexico This
Bargain might be mutually advantageous TO
both parties England gets fine province aud
position on the Pacific ocean that she has long
coveted and Mexico gets rid ofnearly half Of
her foreign debt We DO not insist that this
transfer will ever be made, as United States, now
the controlling power on the American con!i-
nent, will have a word to say before that transfer
is consummatei.
BY many it is supposed that Mexico will be
instiqated by England to declare war against
the United States vet it seems 10 us that the
specific liens which English bond holder have
Obtained ovcrthe Mexican provinces OF "CaIifor
MIA, Chihuahua and New-Mexico" must induce
them blythe Weightest pecunmry considerations
to advise Mexico from proceeding to the hazard
ors extreme of war For in that event, as these
provinces lay Oh the IPriaa frontier it is prob
ablethat ercrg one Of th0se pr0einceS lciH be tn
ken and permanently held dgthe United States
and thus at one fell swoop. away goes all the
security they now hold Of geunga dollar ofthe
money they have loaned 10 Mexico.
The recent tone Of the English papers con-
firm these positions. They freely allude to the
insanity Of MeAlco's trying . wage war against
our powerful rcpgJIia, and that she will proba-
bly, be shorn of other proyces than Texas. in
case she ventures upon that declaration. It's
also to be remembered that Mexican bonds an.
der the war news al once went still farther down
in TIE En- Iish market though before these on
" rated at 90 cents on the dollar loaned
Il has seemed 10 US that the tenor ofthe recent
intiogcnc from abroad indicates that Mexico
will not receive any aid whatever from Enc
land in her war like efforts against the United
States. aud we might even say that tie cou.
manling interests Of English capitalists nay
compel Great Bain 10 use all her influence 10
Keep AeAi'o at peace WIN ou' ''iiuoief ioi
thus only can English bondholde,s have the
remotesl probability ofovcr getting dollar Of
the millions which have been advanced from
tine to time to the Mexican government
At the present day. c0mmcgcial chains have
~, bayo Inc hone ,F,f we SINH see tbatibev are
~, no,e,ioss over e,a, The cyci,,bIe and s,,.i.
n;y;lg,1 Meyir,n'- IT., A,e,,s
-
Inc ioito"ih! po'ty' Ihen nom ah 'A'
chlnge> paper, was written ty the Rev. James
n Seaman Nhe deceased father oflhc Priuci-
nal If orr Arad,gvl while = vonnc man in
Mddiybury College VI, and IS one among the
many pieces written bv tia. distinguished c!gg.
gvm,n. which has Lcrp extensively published
,nt.l...;.,A
YIELD NOT TO DARK DESPAIR.
Has tEou ono hr4.t hat lrvrs thce
In tEjs dark vgrId m care
Whose crulle smile aoproy,s thr,2
i'-'1 "'' 20 o"'A u,Sia"
One ROSE who's f,or,n, blossom
BIoons lut far leo nl,n,.
Oor c,rJ rorflinr Lrsom
One gentle star TO guide thee
Ana bless Thee on Thy way,
Thai t'tu a. han l'4fUts 4t'g.ta Llpp.