The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1847-08-14
The Position or Political, Commercial, and
Financial Affairs In the United States.

Financial Affairs In the United States
The most important matter before the people of
the United States, at this moment, is the Mexi-
can war. We have, for long time, been with
out any definite advices from the army of occu-
patton, and there are no official accounts of any
movement having been made beyond Puebla.
The public mind has been, for several days past,
considerably agitated by frequent reports of the
capture of the city of Mexico, by General Scott
but as we cannot trace them to any reliable
source, we place no confidence in them. The pro-
tracted delay of the army at Pueba has, no doubt,
been occasioned, principally, by the disposition
exhibited by the Mexicans to enter into negotia-
tons for peace; and until it is settled, whether we
are to negotiate or not, there will be no advance
movement made We are by no means satisfied
that the rumors relative to the appointment OF
commissioners by the Mexican government are
true. The only foundation for them is the fact
that the army had not, up to the latest dates,
moved towards the city OF Mexico.
There is every disposition on the part of our
government to treat with Mexico; every victory
of our armies has been followed by offers of
peace upon fair and honorable terms, and every
facility has been afforded to arrest hostilties
moments notice. A commissioner accompanies
our troops, clothed with the power to not only
enter into preliminaries, but actually to conclude
a treaty of peace but we are under the impress
sion that all these things will fail that all our
efforts to conquer, or to negotiate peace will
prove abortive, and that we shall be under the
necessity of acquiring and retaining full pos
session of the whole country. destroy its nation
atty, establish political institutions upon its
soil, revoutionize the habits, customs, feelings
a.,,1, &c, Oh avI LII. al
der the broad banner oflegitimate republicanism
The better class of people in Mexico are DESTROYS
of such change, and there is at present every
prospect of the establishment of an American
military government in the Halls of the Monte
znmas, which will be extended to every State OF
that confederacy
We have almost complete possession of the
whole country AS soon as the city of Mexico
is taken, we shall be IN possession of the KEY to
all the departments or States, and the duty of the
commander-in-chiefo of the army will be the for.
nation Of proper system of government for the
administration of the civil affairs of the coun
try. This government will have to be support
ed by contributions levied upon the church and
other property of the country, to whatever ex-
tent it becomes necessary To this end must
this war come at last. We do not believe in a
treaty Of peace-we doubt the policy of making
one, and the permanency if it should one be
made. The voice of the people of this country
is decidedly in favor Of possession, and there is
no appeal. 1t $50 potent, under our institutions,
that whatever party may be in power it must be
obeyed The people speak, and the government
acts accordingly. The President, or the party
that would give up one inch of California, or an
inch this side of the Rio Grande, under any
treaty, or would abandon places in other sections