Wilmington journal. [volume] (Wilmington, N.C.) 1844-1895, 1848-03-03

campaign, if we will only do our duty to our
selves Recollect, too, that thorough organ
ization is necessary in order to secure the Le-
gislature This is an important matter. There
will be a United States Senator to be elected
next winter, and it depends upon our efforts
no1C whether a Wing or good Democrat will
represent the good old North State for the next
six years in the Senate chamber.
THE PEACE RUMoRs BROUGHT TO A POINT
The rumors OF peace with Mexico which have
been floating through the country during the
med a tangible shape. There IS now no doubt
but that the administration has received either
a treaty or the projet of a treaty, as the case
may be, from Mexico; and there is also no
doubt but that the said treaty, whatever its
provisions may be, was submitted 10 the Sem
ate in Executive session on the 23d uls In
another column will be found an article from
the Washington Union, of the 23d uIt, on this
subject, which, we presume, inasmuch as it
comes from a source which ought 10 be, and
generally is, we'll informed on matters of this
kind, contains as much information with re-
gard to the terms of the treaty as has vet
transpired By what authority this treaty was
concluded in Mexico, on the part of the Uni
ted States, we are totally, as yet, in the dark.
So far as we are informed, both Mr. Trst and
Gen'l Scott were entirely destitute of all off,
cial power or authority to enter into any sort
of negotiations. This, however, We presume,
will not make a material difference, provided
the treaty itself is such as to meet the appro-
baton of the American government For
should such he the case, our treaty-making
power" can affirm it here, and then it can be
sent back to Mexico for the ratification of the
treaty making power in that country. Differ
cnt versions OF the terms of this much talked
of treaty have appeared in several Of the New
Orleans and Washington City papers. AS a
matter of course, nothing is yet known au-
chemically on this point. The best opinion,
however, seems to be that the following are
the main features of this document First.
Peace between the two Republics. Second
Mexico cedes to the United States the hounda-
ry of the Rio Grande and the States of Upper
California and New Mexico, including, OF
course, the Bay of San Francisco. Third In
consideration of this cession OF territory on
the part of Mexico, the United States agrees
to pay to Mexico the sum of - millions OF
dollars. besides waving all claims against
Mexico for spoiations committed against the
property of the citizens Of the United States
These, as we understand them, are the main
features OF the treaty which has been received
in this country.
1t would be useless at the present stage oil
the matter, and under present circumstances
to discuss the terms of this treaty. Of one
thing we feel assured. The Cabinet and the
Senate will not accept of any terms which
will not, under all the circumstances, be honor.
able to the United States.
For one, we do trust that the terms OF this
treaty may be such as the administration car
accept, and the Senate ratify, with honor, and
that this done, the powers that be in Mexico
on the part of that Republic, may ratify the
same, and thereby bring about firm and
binding peace between the two Republics.
1t will be seen from the proceedings in The
Senate on Wednesday the 23d, that the Exc
cutive session of that body had something o.
tangible shape before it. We agree fully
with Messrs. Cass and Mason that, even sup
posing that such a treaty, as might be accep
actually approved of, that still the necessity
for vigorous preparations upon our part /:
even greater than before The treaty has tc
be ratified in Mexico. and we feel convinced
that with people like the Mexcans, peace op
erations will be much facilitated by placing
ourselves in a state of full preparation 10 NEE
an opposite course. So far from the present
aspect of affairs warranting the United State:
in relaxation of her warlike preparations
we think that the necessity is now greater thar
before, for both houses of Congress to unit.
in affording to the Executive every facility tc
raise more men and money with view to E;
vigorous prosecution of the war
1t may be that before we go to press some
thing more definite with regard to the treaty
of peace" will come TO hand if so, we vii
give it to our readers.
0%1he New Orleans Picayune learns upor
good authority, that the Rothchlds, through
their agent in Mexico, had loaned to the Mex
lean Envernment the sum Of Two Millions q