The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1847-12-01

WASHINGTON, Nov. 30, 1877.
Financial Matters-Mr. lSiideiFs Missiow-A
Historical Question.

WARRINGTON, Nov. 80, l6H.
Financial Matters-Mr SiidsFs Mssior-A
Historical Question.
Whilst treasury notes are only at par here, il
seems they are at eight per cent premium in the
city Of Mexico. OF this the present holders Of
treasury notes already subscribed cannot avail
themselves, by reason Of the export duty on coin
and bullion, imposed by the President, at the
recommendation of the Secretary of the Tres-
sury But if am not mistaken, Mr.. Walker
Will avail himself of this export duty, (Which,
OF course, will not apply to government funds)
and sell in Mexico, for specie, at the premium,
large batch of his new treasury notes, which he
intends to ask from Congress-and bring the
coin to New York or New Orleans Thus the
current OF specie, instead OF continuing to how
from this country to Mexico, will be rolled back
from Mexico on this country, and at the same
time the premium on treasury notes will be con.
verted to the benefit Of the government.
Mr.. Walkers report has been long since made
out; but the tables showing the operation of the
tariff since its institution being for fraction of
fiscal year, and even dividing the quarter, Cts
operation having commenced In December) have
been very tedious and troublesome.
Orders have already been transmitted to the
military and naval commanders In Mexico, to
levy contributions by collecting federal, State
duties, IN accordance with Mr.. Walkers recon-
mendation. This scheme will be carried into
execution on the Presidents own responsibility,
although be will allude to 1t In his message, AZ
Will Mr.. Walker in his report, as part Of tho
system determined upon by the administration.
The Intelligence OF yesterday contained an ar
ticle on Mr.. Slidell 3 mission, which makes out
avery strong case in support of MIR: Clay's de-
claration, that General Taylor received orders
to march TO the Rio Grande, while Mr.. Slidell
was on his way to Mexico, and before the result
Of his m could ke n this
ment AS far as this representation tells against
the administration, it is not my province to COM
bat 1.-THE President has an organ-but as 1t 10
| an important historical question, involving tho
character OF the nation, II IS fitting that the In
teihgencer's misconception should be set right.
On the 18th December, lS45, Mr., Slidell wrote
OF HIS mission highly Improbable, and enclosing
the decree OF the council Of government advising
against his reception On the 18th Of the same
| month, Mr. Black. our Consul at the city OF Mex
| leo, from whom Mr.. Buchanan in the habit
OF receiving important information, wrote that
the reception of Mr.. Slidell was entirely hope
the 18th of January, 1si6-at all events, before
| the 18th, on which day meeting OF the cabinet
was convened. and it was resolved to despatch
orders to General Taylor to advance to the Rio
OF hostile movement on the part Of Mexico;
The revolution of Paroles was, ut the date of
Mr. Blacks letter, within twelve days OF its
completion, and that revolution owed it's
success to the ayowal BY, Paroles, Of his
determined hostility to the United States,
and his determination to reject all over
lures for an amicable adjustment of the
difficulties between the two countries. OF
| course, then, with this revolution pending, and
| the result being by. no means predetermined,
there was probability amounting almost to a
certainty, that Mr.. Slidell's mission would fail;
and in anticipation of its failure, and Of the hos
| tllities which were certain to result from tte
success of the revolution against Herrera, the
administration at once despatched orders to Gen.
| Taylor TO march TO the Rio Grande. The re-
suit has fully justified by proving the necessity
of this step. If any proof were wanting Of the
| determination of Paroles to make war, it IL to
| be found in the declaration of Herrera, In as
| signing his reasons for declining to act as Com
missioner to treat with Mr.. Trist, that his ad-
| minstration was overthrown because he was In
| favor of listening to negotiation. The man who
pronounced against and overthrow him, because
Of his Willingness to receive our minister must
have been opposed to that minister's reception.
opposed to negotiation, and in favor of war OF
this there can be no question; Paroles, himself,
has avOwcd II. tt
But in order that nothing might be left undone
that could afford even a remote chance OF sue
cess, Mr. SlIdell was not at once recalled, but
was permitted TO remain In Mexico to avail
| himself OF any opportunity that might by posi-
| billty occur to secure peace. He finally, how
ever, presented his credentials to the new GO
vernment, Oh the first of March, 1916, and re-
| quested to be received in his diplomatic charac-
ter. This request was peremptorily refused.
| (rAyv