New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1847-11-20


madness Of Mexican Conquest and Annexation
was unnecessary, will be undeceived or COMPOUNDED
by the new scene in this great drama of Crime and
Evil cautiously exposed 10 view by yesterday
Herald. That paper, protesting TO have received
by Telegraph a new and more stringent Tariff just
framed for Mexico by Secretary Walker and enact
ed by President Polk, adds to it the following
Other measures, sprioging out Of our temporary
possession OF that county will be foiowedn due cours'
Oi time. There IT, on the subject OF Mexican shAirs
what will be necessary for our Government 70 re-
feet on ADD that 10 he debt due 10 foreigners and Euro
peans BY a, Republic The Mexican debt 10 Europe al
creditors 10 generally stated TO be eighty millions Of dot
ARE the principal part of which held in England Du
ring the last few years the dividends have been psif
with great irregusr.y In consequence OF the numerOu
revolutions and disturbances In that country. " o'
G0ronmenf should, sfter full examination OF the sub
joct and being Ia complete financial ss we'll as military
possession Of that Republic. detrRtne 70 sndrantu M
debt due 10 European creditors We have no doubtit would
produce most Extraordinary Influence on public opin
Ion In Europe favorable to the United States Indeed
We have heard It frequently stated, by many leading
who are scqusnted with the subject. on the Ex
changes Of both London and Paris that II the United
States held possession Of Mexico and occupied It, they
never would be disturbed provided thai Dontd ddop
and snmantee the MeIioaa debt and pay che interest rSu
tariy.
1t would be Ia the power of the temporary
Government 1t Mexico 10 held under American author
y TO adopt and guarantee the public debt of ths Repub
nc 10 tho foreign creditors ana pay tne INTEREST," III 10
rich country and under energetic and industrious
rule eighty millions p0utd form but mere n.fe TO US
abahy"
Without stopping now to expose the outrageous
character OF this proposition farther than appears
its surface we warn the secret movers 10 deslst
instantly and save their money. They must spend
millions of dollars to carry this abomination through
Congress and after ii they will have lost their la
Dor for the People Of these United States wH nerer
pay that Mer,caR National Debt of Eighty MI
hons. The guaranty so smoothly commended is
promise by our Government to pay the Debt If
Mexico does not and this will never be done. The
free men who earn their bread by honest labor will
work harder and live poorer if need be to pay any
honest debt Of their Governnaont, but this
would be fraud so gross, so palpable, so outrage
Gus, that the Congress imposing it on them would
he hooted out Of power, and the whole world would
be warned, long before any bill assuming the Mex
lean Debt could be driven through Congress, that
the whole thing was fraud, which the People OF
this Country utt ery dsclamed and rejected
Every dollar spent by the Mexican bond holders in
chasing this will-o'-wisp will be utterly wasted
aud we implore them not to throw their good mon
oy after bad so absurdly. We heartily regret their
msfortunes, and wish their debt were in train for
liquidation but it never will be paid by the PEG
pic Of this Country-of that, let them be certain
We have Mexican Debt of our own in great abun
dance, and cannot be coaxed nor swindled into the
adoption Of theirs.
of course. those who now clanor for the Con
quest and Annexation of Mexico perfectly
aware that her Debt would devolve upon US in any
such event and that we could not avoid paying !,
without open and fragrant Reputation. This is
according to the undoubted public law Of the civil
lzed world. II a Nation be absorbed by us, her
Debt becomes part of our Debt, and we must pay
1t or bear the brand Of gross dishonesty In the
case Of Texas, this principle was plainly admitted
by express stipulation that she should pay her
own Debt and by cur setting apart her Public
Lands and other property to pay II with. Yet it is
extremely doubtful whether we have even thus
evsded the natural obligation. Some holders Of
Texas Bonds have petitioned Congress for their
payment; others will unques,ionably DO so. But
for the fact that Annexation itself was a fraud ci
fected contrary TO the wishes of the People We
should consider their claim a very strong one as
tits. we cannot confidently pronounce it invalid.
hut as to Mexico and her Debt we are sure our
would never take the former subject to the encum.
brsnce OF the latter
The pretence that we could make Merco pay
ne Debt herself, if we held her in subugation, is
simply fraudulent No man can believe IT, five
are 10 hold Mexico in subjugatioa call it An.
nsxstion or by whatever soft term you choosel
We shall certainly be required to expend Millions
aron Millions in maintaining supremacy over her
Al her cast of Military bsnditti whom We should
not want and would not employ, would be inces
sanity iomenting petty instructions aud outbreaks
every robber and ispero in the land would turn pa
trio, whenever bis pocket was empty and set to
killing our soldiers from some safe smbuscsde.
Twenty Millions year would not hold Mexico in
subsection il all formal resistance were overcome
and abandoned Think of our tempting to collect
the cost OF all this out of the in ,ient thnitess
poverty stricken Mexicans
The following 10 the reported new fai,8 for
Mexico;
WASHINGTON Nov Is iS47.
The Secretary Of the Treasury Mr. Walker has ~
and the President hss JUS, signed the fol
lowing sautary financial Ia regard 10 Mexico
l. Tho export duties exac,ed by the Mexican Govern.
msnt before the are TO be levied BY officers as
a military coptroulon
y Whspeyer n 10 practicable all internal property
lsxes OF any description. whether upon persons or
oropcrty exsctsd by the Government OF Mexico by
INV department town city thereof are 70 be collected
oy our officers, and sppropriseo |" military eonuiou
on toward defrsyiug tho expenses OF the war except
us transit duties which are check upon commerce
3 The export dates the precious metss are - lob
ows GOLD. coin or wrought three per cent silver
soiu sx do silver wrought, with or without Mexican
,errncates do gold or Dust three do silver
re seven do.
Nea Bone When the prcciou, metals taken from
city Ia possession the duty must b on them pre-
lid or charged doable st tho port Of expectation
We hear much OF the splendid working OF our
,wn Tariff and how we arc 20 RAISE liberal sums
q Mexico. but thus far we have seen no official or
The statement Of the amount actually produced
" Mr.. Walkers Mexican Tariff Why not
ma, r,riff was Wanted great resource for
lefraying the expenses of the War; How has IL
The Past may guide our calculations
s 70 the Failure. Can The Union oblige US with