The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1848-03-09

OuI OcspdlcneS lIOfn w dsnlnStOn INFORM US
that the Executive session of the Senate rose at
eight O'Clock last evening, without the final vote
upon the treaty being taken. The question may
be decided to-day. The pervadlng desire for
peace, or rather the wish to avoid the direct
responsibility of continuing the war, has sub
dued much of the hostility lately existing against
the treaty, and it will doubtless be confirmed, in
its modified form, by triumphant majority.
The five million loan has been taken, princi.
pally by Messrs. Corcoran Riggs, the govern
ment brokers, at one per cent and twenty-six
hundredths The bids amounted to seventeen
millions. This affords gratifying indication
of the good credit of the government, and of its
power to raise the "sinews of war;" TO almost
any extent, and that, too, from among our own
citizens.
Congress was engaged in the transaction Of
its ordinary amount of business. In the Senate,
rather curious petition, considering the quarter
from which it sprung, was presented by Mr..
Webster. 1t was from citizens of Virginia and
prayed that the proceeds of the sales of the public
lands should be devoted to the extingulshment
Of slavery in the Southern States. The House
passed the bill supplying deficiencies in the ap.
preparations, by decided vote.
The Legislative summary, markets, &C., &C.,
will be found under the proper head.
The Triat Treaty.
The revelations coming out every day, in refe-
renee to the proposed treaty with Mexico, now
before the Senate, are very remarkable and
curious, and certainly lead every reasonable
person to believe that such a treaty could ne
yer be sanctioned or confirmed by an Ameri-
can Senate. if it possessed any adequate moral
courage to meet it.
According to certain accounts, Mr. Webster
and Mr.. Benton, the two great leaders of the
wing and democratic parties in the Senate, each
with tail of eight or nine joints, called also
members, partaking respectively of the same
opinions, are opposed to the confirm tion of this
treaty, with all its monstrous and unheard OF
provisions and purposes. In fact, we doubt
whether the treaty can be confirmed at all, unless
1t be so modified and changed as to endanger
Its reception and confirmation by Mexico. But
II is OF no use to trouble ourselves about Mexico,
either In war or diplomacy. To make Mexico
keep the peace, il is necessary either to lick her
or to pay her So long as there is chance of
the United States government throwing away
twenty millions upon any government of Mexi-
co which will agree to make treaty with us,
we doubt not we shall enjoy peace and quietness
from that quarter as long as the payments con
tinue 10 be made. Let the payment of the in
stalments be prolonged for a year or two, and
Mexico, or any government in Mexico, will re-
m ain at peace so long as they have money to
receive There Ia nothing like licking or pay
ing them, 10 make them keeps peace.
As regards the treaty itself, it is monster and
an abomination, from beginning to end, and ma
ny of its provisions are altogether iutolerable,
and impossible to be accepted. Yet there is no
moral courage, it appears, in either Of the two
parties or in the Executive, to reject this treaty
TO throw il out of the Senate-or TO take the re-
sponsblity of its rejection. An attempt to
patch up any thing out of it, OF probably TO send
commissioners to Mexico, will merely be waste
OF more time, more money, and more absurdity,
upon that ridiculous people. Yet it will proba-
bly, be done, and then each faction-whig and de-
mocratc-will charge each other with the wrong
and folly.
Really, really, the position assumed by Mr.
Webster and some of the wings, looks as if they
were changing sides with Mr.. Polk and his cabl-
net on this sel-seme Mexican war-ss if they
wanted the war to continue; while Mr. Polk
wished to close it--ss if they looked to absorp-
ton of the whole, and not part.
CIRCULATION OF NEwsPAPERs-Some Of tho
country journals have taken leaf from us in the
usv Of resenfiuu hFfore the public the circula-