Weekly national intelligencer. [volume] (Washington [D.C.]) 1841-1869, 1847-10-16
TRANSLATION.

MEXICAN LEGATION AT THE Court OF H. B. MAJESTY,
London, September TO- ls47.
From the Minister of Foreign Affairs and Finance of the
Mexican Republic have received instructions and orders
ang the debt contracted by Mexico in the city of London
of which it is necessary give notice the public and
thererom results the following:
!. The conversion agreed upon the 18th of June S46
between the bondhodrs and the Mexican Minister of that
PERIOD approved of the Goth October 1896 and relative
TO the old claims of the Mexican debt known by the
Of active and deferred has been ratified the Goth of July
of the present year, by the Mexican Government
The bonds which constitute the consolidated fund.-
ing el0 "a $780, remain exclusively destined the fulfil.
Of the said conversion and thereby the active
ferred debt is reduced TO this amount.
q The fund created by decree of the 2Sh july lS43
titled for the first time the 18th December, of the
year. and for the second time the 26h january 1884, has
been lastly by order of the 9th July Of the present
These bonds have been signed by virtue of the said
oder and delivered to the agent of the Republic in London
order that they may by order of the legation be
to the several parties interested who have before proved
having purchased them. The amount is E200 600.
B. There deposited in the Bank Of England under the
title of reserved funds bonds of the Mexican debt which
again placed under my charge, with the injunction that
of them be permitted be Withdrawn without my knowledge
and approval and that they be held at the disposal of the
Government OF Mexico, TO make of them the TO which
they were destined when the time arrives for its fuflment
The amount of these is 947O600 1t results, therefore,
that the valuation by Mexico altogether amounts to the
OF 9lO $780, and their classes already specified
Agreeaby to the instructions and orders which the legation
has received complete knowledge Of all the foregoing has
been given 10 ms excelency the Minister Foreign Affairs
Of her Britannia Majesty, and you will acquant the public
within the limits Of your consulate with the information
tanned in this communication
have the honor to offer you the of my esteem
Gen. JOSE NJ MESDozA, Mexican Consul in London.
The following extract from private letter. together with
the documents which subone will be perused with in
terest by the holders OF Mexican securities
"MExIco, JURY 90, 1s47.
SIR We have the honor TO acknowledge the receipt OF
your letter Of the LIST May, with postscript Of the LIST uno.
We have now the pleasure inform you that the Mexi
can Government has at length determined formally ecog
nsng the conversion Of the debt and that this appreciation is
in entire conformity with the spuaons admitted and agreed
10 at the general meeting of the bondhoers held in London
the 4h of June Of last year.
"The recognition Of the justice the demands Of the bond
holders has been officially her Maestys Min
lister Plenipotentay here this step Of ITSELF doubt not
will be very influential motive for the future fufment Of
compact now socnny ratified
With reference the letter had the honor address
you the 29h of November last have observe that
although much regret that has not been in power
carry through, in all its parts the agreement at that time
made for the benefit of the bondhoder yet the salts
faction say that cndeavos protect interests have
not been entirely fruess.
I'VE have succeeded in obtaining the assent of the Mexi
can Government to the appropriation of considerable sum-
which have hands, the payment Of the dividends
the amount Of which will not be less than ESQ., 900 but
the have yet been qudacd ia Treasury
unable TO state the exactly We have moreover
ranged that the arbitrarily Withdrawn from the col
ectons made the customhouses Of Vera Cruz and Tamp
CO. for Of the bondholers be reimbursed in &
ties cotton, the of dollars rails per qun-
tai instead Of ten dollars before agreed upon This
mas not yet been arranged but its amount will not be less than
100000 sterling.
The aforementioned Of E55 900, whatever it
may prove to be, shall place by the packet Of month
IN tne hands OF Messrs John Schneider d Co. agents
the bondhoders
ne permits Of the importation of raw cotton we intend
TO take out Ia the Of firm also MS agents of the
bondhoder and divided into parcels Of 900 qnntals each
and VIII retain thom IN our possession at the the
m'tee H. however, IN the time, and in the absence
INSTRUCTIONS to the contrary purchasers for the whole or part
should present themselves, shall not hesitate in sposnq
OF them at the same price as that at which they have been
ceved from the Government The Of such sales will
he Immediately RENTED Messrs, John Schneider a. Go -
be applied TO the papose for which they are intended
We enclose certified copy Of the official communication
received by from the Treasury containing the formal recoa
milton and ratification Of the conversion.
"We have the honor to transmit TO YOU also an enclosed
copy Of article Of agreement admitted by the Government
for the repayment, in duties cotton, the amount re
tanned out Of the duties collected at Vera Cruz and Tampico
for account Of the bondholders.
The termination Of this long-pending and disagreeabc