The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1846-08-16

large amount of national debt II appeared by that re-
port which we printed on Monday last that the aggre-
ments for the fiscal year lS46S47 amounted 500 952
9O4 over and above the estimates made in January
In those estimates made for time of peace calcu.
balance in the Treasury Of s4ssa,4a Deducting this
balance from the excess OF the expenditure above esti
result deficiency Of Sls, $50 4Ss
How this deficiency is to be met by any conquests,
consistent with sound policy that could be made Mex.
leo, Is not little difficult to AS to supposing
any extra of the ordinary financial screw viii Sc.
sufficient compensation for the expenses of the
war from the Mexcans the supposition perfectly rid
cnous fleets" is the ground; if there be any, OF
the war Without doubt the Americans prepared to
make large sacrifices for additional territorial agg
dzement; and we have very little doubt from the
no less than permanent lodgment in California if
the annexation Of that province. Thus they will sue.
Franciscothe finest hsrbor the the Pacific
we are to Judge from the tone of the Union the gov
matters before of the European shall
have time to interfere mexico must relinqush her
journal the war must proSrsss onward Mi the nss
states shall have the power to dictate from the capital
peace upon such terms as would not only be satsiac
II appears that the Legislature of Yucatan have pro-
claimed the Independence Of that province separate
repuohc Ihus the Mexican federation is rapidly falling
to pieces Paredes was to march towards Matamoras
meet General Taylor. at the head of 10000 The
Mexicans had fortified Santa Fe with force of 5000
men, who will very probably they cannot
awayon the first approach of the American troops
The Americans would seem to have found most Ell.
cent set Of allies in brethren the press jour
nal ms been set up at Matamoras, from which
eeng that prevails to Ss in
United States. After establishing what is and what is
not the character Of an American citizen the writer
states the government ofthe United States seeks
conquestover reluctant people but she does demand
congenial neighbor upon her borders If she
duty Of the United States TO seek boundary which She
can readily f0rfy and defend against an uncongenia
they be plscsd fifty years in advance d their
present position . it, other hand they will not be
United states-they to be hurled back among the
anarchicsl fragments Of the interior of Mexico
sm or perhaps to expire in feeble and a
tagonsm to principles which must ultimately govern the
world !"
Altogether the proclamations and counter-proclama
tons form an amusing feature in the American
Some OF them are worthy OF Lord Peterborough Ii the
citizens Of Tsmaulipas Coahuila and Chihuahua
ved on the one hand, to shake OFF lethargy, General
Arsa on the other, tempts the American pvaes with
| an offer of $40 acres per head.
squacong and lighting, trust there will be found
cool heads enough in the United actual
brgandage and robbery under the color Of political pro-
pagandsm. We should with pleasure any friendly
on the part Of any European government
most useful state institution in the world, it would
lamsntaole to see such wanton prohigacy in public
men as would be argued by unjust invasion Of its
rights and seizure of its territories.
Prom the London Globe July 1871
That the Oregon question has been amicsbly settled
from the apprehension Of q war And our satisfaction
this increased when regard the means by
which the settlement has been brought about. We are
agreeaby surprised, after all that has passed. to
find that among the leading statesmen Of America a
popularity Bay
ing himself and catching the of the mob force the
United States into hostiiites with England
Already both countries begin to look upon war as
losing game. Our commerce grows apace and as we
free it from its ancient bonds It seems likely to extend
liz
mutual value Of our friendly Intercourse and makes
more deep end extensive the loss both which
war, paid in the stoppage of mercantile conmunica-
TONS IS constantly increasing and already
actual contest formerly the chief censderaton In pe
cuniary view Of the matter In all serve the ends
Of foreign commerce. we have in fact. makers of
the most emciont kind and in two countries in the
world are these increasing in number and political i'm.
porance so rapidly as in the United States and Great
Britain 10 take only one instancethe growers OF
ton in the Southern States and in Lam
cashire, having quarrel with each other would stop
at small sacrifice to prevent interruption
communications by dispute in hich interest was
considerably less than in the cotton trade The tendency
Of commerce may has urged against it on other
ons be dlsplace other raons with that
OF mere pecuniary gain. But Objectionable this may
be in some instances. can scarcely be deemed when
Peace valuable for ITSELF and none the less so for its
being preserved by an army Of money -getters al
Living that money getting IL honorsby pursued is not
at least as worthy pursuit as the most honorable dcs
cripton OF fighting. Nor the merchants and manu-
the public Their profit but their pay for services rem
dered TO the millions Of their countymen and their
losses, whatever they ultimately fall with &C
cumuiated weight upon those they serve. The ship
| owner who protests against war in which his ships
will probably be captured burnt-the planter who
cries out against his being kept at home
sent out under similar risks-and the manuac
who seplores prospective scarcity of and
the falling of oil orders from abroad. may after all be
taken representatives of that very numerous class
whose servants they ell acthe consu mers IL trade
droops it is because the risks and of war raising
prices the people must needs buy so much as
before in short nations connected by CONNIE
tieswho each other by interchange of their De-
culiar productions only go TO war when independ
emily OF all other considerations, they have
TO give up, preliminary sacrifice all very nearly
all the advantages Of that connection Thirty years
peace have much dev eope these
few years OF tree trade will do more Already
the perception of them has helped the Oregon
difficulty and wtsout hoge that they viii,
at very distant period, make between cvilised
nations very nearly impossible
The tone OF the American press, notwihs standing the
influence Of the protected interests in the Northern
States Is decidedly favorable reduction OF the pro-
techve duties levied under the tariff Of 1912
E(From the London Globe, July l5l
Inc American news would be gratifying in every res
pect could we exclude from view the progress Of
me Mexican war The grain crops said TO be more
abundant than they have been during the last twenty
,es; and we hnd the same remark very generally sp