The daily union. [volume] (Washington [D.C.]) 1845-1857, 1848-03-23

!
years. but she left the revolution in the midst OF its strug
ges The denouement. even as ii affects France herself
had not yet arved-much less the results which it may
produce on the desnies of Europe. We prefer to wall
for the facts themselves instead of resong abstract
speculatlons uncertain predictions few days mus
lissipate the fog which hangs the movements OF
the people, the fate OF the monarch the establish
ment OF provisional government The Caledonia is on
her way to our shores, and in a few days more she
must arrive with important intelligence We con-
tent to await her arrival
Other questions have been started in reference
own interests What effect will the French revolution
have commercial prospects, and what the ter
mination OF war; II is obvious that the solution of
these two problems will depend in great degree upon
the course OF that startling phenomenon Will the revo-
luton coniinue and will it run into change OF the
government and into European war; In this event,
the effects upon American affairs WILL of course, take
wider sweep We will not discuss either of these prob
lens this time But impression is that war in Eu
rope will create greater demand for beadsus and
for several OF staple productions. 1t will increase
our commerce and our freghts. 1t will pour into our
lap many of the profits of the neutral trade 1t will do
more 1t will bring to our shores more men with more
money IL Will also all investment IN Amefl-
can stocks Of more Of the capital of Europe On this
subject, find the following views expressed by the
New York correspondent of the Philadelphia American
Some OF the Wall operators argue that should
the results OF the revolution extend beyond France and
general in Europe follow, the immediate effect.
would be disastrous to this country They predict that all
European credits being then but blank paper, all
mittances to OF Europe would be specie, and
that every bank ia the United States would suspend in
They also predict rhance in
mercantile world of Europe, following such war; would
break every merchant in this country who has any
nexions with Europe On the other hand, the
guine predict that general in Europe would throw
all the carrying trade of the world into hands, induce
large immigration, bring vast of money here, and
open the universal market to produce, Europe
could not fight battles and grow manufacture cotton
at the same time Should the disturbance, however, be
confined to France, it is admitted the influence here can
not be important 1t will produce advance in sterling
probably French bills now dead letter, and settle
ments will be made in London, causing increased de-
mand for sterling In anticipation of this drawers have
advanced their to per but there much
iong at any improvement. Browns selling 10 per
cent, but very good bills offered freely 81 and
have been sold at 81 81, which previous rates"
This extract presents the two alternative views of the
subject We incline to the last rather than to the FIRST
view of it, But the revolution should also contribute
TO the acceleaton of peace with Mexico would have
douby favorable effect upon the price of our stocks
Is it not calculated to produce this effect.
In connexion with this point, lay before our read
the following further extract from the same paper
the Philadelphia American
'The revolution of Paris, fact leaves Mexico at our
nercy-or the mercy OF our rulers of things
has arisen in Europe; where all governments occupied
with the necessary preparations against storm that NAV
1t any moment burst with fury threatening their
safety have forgotten the Ito hen) petty interests of
Mexico, and the Designs whatever they may be- OF her
conqueror The Mexicans will know this-Messrs Thorn
ton, Mcintosh. Mcnamara Co., will know it; even San
Ia Anna, and Bustamene, and the Padre Jaraaa will
know IT.; and the Mexican government and Congress
,bove all, will know it. Nothing could have occurred
more opportunity to reconcile all parties Mexico to the
reay, modified and back them from the Ameri
can Senate. Every hope Of assistance in any FORM from
Surope-money, arms, counsel. mediation events now al
IN end and the treaty affords the unfortunate republic
aer only path Of escape"
There is great force in these speculations Mexico
may have been looking for relief from Europe-at hope
is annhated. These distant powers will probably have
enough to do at home We are happy to acknowledge
that far have been able Judge OF their policy
from the of their representatives among u.s. they
have been anxious to re-establsh peace between the
United States and Mexico; but Mexico may have in.
lulged some Dreams which will vanish at once The
power is in own hands, free from all calculations OF
European intervention We shall scarcely hear, for
some months, of any scheme to establish monarchy
in Mexico, and European prince upon the throne
We shall scarcely hear of another missionary like Pa
redes visiting Paris for the purpose of inviting Bourbon
prince to try his fortunes in the western world We
shall scarcely hear of accounts of disbursements of
money being called for by the Spanish Cortes for any
such intrigue We shall scarcely hear Sir Robert Peel
shadowing forth distant allusion to Mexico and
America. We apprehended no such intervention although
it might from the lips of Sir Robert Peel nor
have any to believe that the British cabinet
would listen to any proposition of this soon the con-
trary we rather believe with the London News of the
oath of February, when it says
| "Another subject which the House of Commons is
most competent judge-for with Mr. Golden can adj
nit the possibility of with respect the
general politics of Europe and America Sir Robert Peel
expressly alluded to america and Mrico and we were
exceedingly sorry hear him do The British govern
mens ,cissiy backed Of all principle of Interference
in these regionsoA retssions of prescribing balance Of
pocer-aN anriety to disp,e Nth the United States their
superior influence in the New World This has been III,
most ,oise, the most pacific, and the most dignifed pol
icv And if could transfer little of this policy
to our European systematic Spain, for example the
state which Sir Robert Peel also held as cause
dsquieude and armament-we should be surrender
ing any right interest worth contending for whilst we
should remove all possibility of either collision or rivalry
between France and England"
But Mexico may have had hopes of aid from Europe
and it may have secretly bolsered up the calculations
of her dipomatists Now. however, they must see the