Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1848-01-11

gimenls Of volunteers has been rcpOrled-making
in all no, less suppose than twenty-five thousand
troops; raising the number OF troops in the ser
vice las presume the chairman OF The Commit
lee on Military Affairs can inform you) TO not
much less than seventy thousand in the whole
VEL sir The expense will be much more than
that OF the lasl campaign. Ii will cost not much
short OF sixty millions Of dollars.
Now, sir, wha, is The condition of The money
marke, al present. Last year il was most flourish
ing. An unfortunate famine in Europe created a
great demand for our az icultural products. The
balance oil Trade was in our favor. Ii money
poured out a, one end OF The sub treasury, II pour
Ell in al The other But how stands the case now!
We stand now with a drain both ways. The eX-
changes are in our favor and therefore, instead
OF gold ami silver dtails founded on e1i ofts viii
be remi,ted. The expenses in Mexico must be
met, either by remiltanoeS 10 gold and silver, OF
by drafts drawn in favor OF BRUSH merchants or
other capitalists there, which must be caSned here,
and also transmitted abroad Now, sir, what
will be the operation OF this state OF things? How
long can hi. continued What is the present
price oflreasury notes and OF stocks in the mar
ket2 Are they above par ; No sir; | SEE them
quoted below par. | understand the 'casury
noes are sensibly below par, and stocks still
lower. Nov, what is 10 be The result? So long
as treasury notes are below parse long as they
are the cheaper medium-,he end Ut il will b.
that treasury notes will GO into The treasury, and
specie come ou, of it. There is very great dam
ger that al last your treasury will be drained TO
the bottom.
Now, Sir, in this state OF things, what can
possibly foow7 A great commercial crisis-a
great financial criss-even, possibly, suSpea-
sion OF the banks. | 90 not pretend 10 deal in he
language Of panic. But there is danger OF all
This, OF which there was not The slish,es, appFe-
hension a, The commencement Of last session. a;
present there is great danger. The sreatdifticc!!y
in prosecuting your campaign will be 10 obtain
money. Men you may raise, but money il will
be difficult 10 gel. lately convefsed with geu-
,leman who ought 10 know these things better than
myself, and he supposed TIA! forty miliuns OF dol
lars would be requirei, either in the shape OF trea
sury notes Or sl0cks, 10 carry on the campaign
asked al VIA; price money could be mac; and
the reply was haiit would be al the tate OF nine-
~ for one hundred; which would be rdiaer more
than seven per ceDt. believe.
But, sir, these are no, the only objections, io:-
midable as they are. TIE farther yea proceed,
The difficulties will increase. Go not see lhc
slightest chance that can tend 10 the realization oi
what it is avowed the prosecution Of the war Is
intended 10 accomplish. The object IS TO GOA
a treaty. We no longer hear OF conqnciing Il
peace, bu of obtaining an honorable treaty; Ire
meaning OF which is neither more nor less Than
that we are to obtain a treaty from Mexico CIV
ing US cesson OF land equal 10 the whole 20.
iemnity already stated in The former part III my
remarks. Wei, sir, as il strikes me, whether The
war is successful or unsuccessful, IL must cef.
tainly cad in The defeat Of the object Tor The at
lainment of which il is avowedly prosecuted. II
the war be unsuccessful, need not argue The
point. II we should be batflsd in our atms-as
trust We will not be, and think is no; very like
~ to be the casc-but il circumstances should
prove unfortunate for US, and we should not Be
able 10 accomplish, in military point OF view,
what is characterized as a vigorous prosecution
OF the war, then certainly there will be no lca.y.
take higher ground. insist upon il, that the
more successfully thisw war is prosecuted the more
certain will be the defeat OF the object designed to
be accomplished, whilst the objects diSavo@ei will
be accomplished. How is a successful war to b.
carried on7 What is the object OF III What is
il intended 10 ettecil can see bu; one hing To-
he effected II is 10 suppress all resistance in
Mexico, TO overPowcr and dsPersc her army, 10
overthrow her civil government, AID 10 ea:c her
without any further power Of resistance. We'll.
Mr.. PresijeEt that b: done, wha, is me resu,i?
How are you TO se; an honorable peace? Il
takes but one parry 10 make war-two parties
TO make peace. II all authority in N!-yico r.
oyerthrown-if,here be no legitimate power vita
whom 10 negotiate, how are you TO accomplish
prosecution of the war is intended 10 Ell c.? Sir,
you are defeated by your success. That Will be
the clear and inevitable result. But what do You
accomplish The very object which You diSa
vow For il the war should BE- so prose U,ed,
where will be the nationality OF MeYico2 Where
her separate eIisence2 Where this free repuo-
lie with whom you desire 10 treat? Gone! We
have blo,Ied her cut of the lis! OF nations. She
has become mere mass OF individuals, with
out any political existence, and the sovereign
ty OF the country, at least for the lime being,
is transferred to Us. Now, Mr.. President, Ibis
is not only conclusion from reasoning upon
this SUBJECT bu, i; is one 10 which, i'll under
stand the President Alright, he Comes with q
single exception, and that mere contingent
cy not likely to take place. The Presi'ea!
has very much The same conception OF the obIocI
of vigorous war as have presented Hesays
tina, the great difficulty OF getting peace results
from lhis-ibat the people Of Mexico are divided
under !acIous chietains; ana that the chietiain
in power dare not give peace, because his rival
wonlc then be able toturn him on and That the on
ly way to remedy this evil and obtain treaty, 20
put down the whole ofihem. Well, VIA, is 10 BE-
done then? Is the thing 70 stop there? No. VIC
are then TO build up again, and establish nntef
our power and protection, republican form III
government from the citizens who ale Te,! tts'
posed, which he says are numerous, and are pre-
vented from Obtaining il only by tear OF those MI
li.ary chiefs. And il is with this government,
sir, which is 10 grow up under the encourage. !
men, and protection OF our army-'o BE- eS;ab'
iished by their auhority-that it is propose !"
treat in order 10 obtain peace. | must confess |
am little al loss 10 see how tree and lude-
peadent republic can grow ~ under The prctec- |
lion and authority OF lis conqueror. do no. see
how such government can be established under
his authority. can readily understand how an
atistocracy-how ki0gy governmental deS-
po,isnl-mi2h, be established BY ccDquerur.--
But how a tree and independent republic can
grow up under such circumstances, is TO me in
comprehensive. had always supposed that re-
publican government was the spontaneous work
of the people-,hat i, came from the people
from the hearts OF the people-,hat It was sup
ported BY the hearts OF the people, and that it re-
quired 10 support, no protection, from any quar-
ter whatever. Bui, sir, ii seems that these are
anliquated noiions-obsoeie ideas; and that We
may now manufacture republics 10 order, oy an'
lhoIity Of conQuering government.
But 81 ppose Sir, all these difficulties surmonn-
cd-how can you make a tree government IN
nlexcO2 Where are your materials? Ii is to
be, presume, contederaled government, like
our own. Where is the intelligence ii Mexico
adequate to the construction OF scch govern
menl} That is what she has been aiming al TOT ,
twenty odd years. but so utterly incompetent are
her people for the work, that it has been rom
p!ee failure from beginning 10 end. he 2'ea!
body of the intelligence and wealth oil Mexic?!s
in the priesthood, who are al;og.''':
disnc!ined 10 that form ut goveFnmsn'. Then
the owners Of The hacicndas large planters oi
The country, who comprise almost all The remain
ing mass o! iatsllis nee, are without opparlun-
lies Of concert, and destitute Of The means OF form
ing such government. Sir, such government
would be impossible; and, if put up, would tun-
bic down the very next day after cur protection
was withdrawn
II appears 10 me 10 he far more plausible
plan, ii iii determined 10 have peace, 70 sustain
the government that now exists in Mexico; or
ra'her 10 refrain from putting it down. Let it
grow up and mature itself. have coDvcrsed
wan seVefa' "i the officers of the army-men o!
ia'e'liseDce-on this suhjec, and all agree in the
opinion that the mere shadow OF oouernrrnt