The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1847-11-19
r,unuolal measures Towards Mexico.

Financial Measures TOWafu1 u1eXlcO.
We received yesterday morning, just in time
to send by the steamship Washington to England,
the following important telegraphic despatch
from Washington, from our special correspon-
dent in that metropolis, which gives us intelll-
gence of the first movement of the President and
cabinet in series of measures which they have
agreed on in relation to Mexlco:-
WASHINGTON, Nov. IL, ls47.
The Secretary of the Treasury, Mr.. Walker, has
commended and the President has just signed the fol-
lowing ssuary financial in regard to Mexico
LIST The export duties exacted by the Mexican 60
vernmen before the to be levied by our officers
as a military contribution,
ID Whenever it Is practicable, all internal property,
of any description whether upon persons pro-
perty exaoted by the government of Mexico by
department town city thereof to be collected by
our officers and appropriated military contribution
toward defaying the expenses of the war; excepting
transit duties which a check upon commerce.
Sd The export duties on the precious metals are as
follows Gold coin wrought, three per cent silver
COIN six do; silver wrought with without Mexican
certificates do gold dust, three do; silver
ore, seven do.
vota Bene-When the precious metals are taken from
city in our possession the duty must be them pre-
paid or charged double at the port of expectation
Other measures, springing out of our Temporal
nv possession of that country, will be followed in
due course of time. There is, on the subject of
Mexican affairs, what will soon be necessary for
our government to reflect on and that is, the debt
due to foreigners and Europeans by that repub-
lic The Mexican debt to European creditors
is generally stated to be eighty millions of
dollars, the principal part of which is held
in England. During the last few years. the
dividends have been paid with great irregularity,
in consequence of the numerous revolutions and
disturbances in that country. II our govern
ment should, after a full examination OF the sub
ject, and being IN complete financial, as we'll as
military, possession of that republic, determine
TO guaranty the debt due to European creditors,
we have no doubt it would produce most extra
ordinary influence on public opinion In Europe,
favorable TO the United States. Indeed, we have
heard it frequently stated, by many leading men
who are acquainted with the subject, on the ex-
changes of both London and Paris, that if the
United States held possession of Mexico, and
occupied it, they never would be disturbed, pro-
vided that we would adopt and guaranty the
Mexican debt, and pay the interest regularly.
Now, this question may be a very important
one in connection with the future measures about
10 be taken by the President towards Mexico.
For some time, at least, that republic may be un-
der the military and financial control of the
nited States. There is no government there
worthy of name The people seem to be re-
CARELESS of their nationality, and it is possible
that the whole republic will be thrown on our
hands indefinitely. In the meantime, peace and
quiet, and public order will be established by
the American Legions there. Ameri cans will
be crowding into all the seaports and cities of
the republic-trade will revive, business will be
re-invigorated-indu will resume its accus-
toned haunts, and the American spirit of enter
prise will reach that fine country, and give
new energy and firmness to the national mind.
Their soil-their mines-their vast natural
and agricultural wealth, will be brought into
new state of development. Already newspapers
in the English language are springing up IN all
the principal seaports and cities. Two, three,
four, or half-a-dozen years may overcome the
prejudice, both religious and national, whlchpre-
walls against the American name.
These results being probable, it would be in
the power of the temporary government, IT Mex
lco is held under American authority, TO adopt
and guaranty the public debt of that republic to
the foreign creditors, and pay the interest 1t is
a rich country, and under an energetic and indus
trious rule, eighty millions would form but
mere trife to its ability.