The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1848-02-08

| affairs, conducted with energy and enterprise,
similar to the manner in which revenues are col
lected in the United States, we have no doubt
that Mexico, in less than ten years, would yield
revenue double that which the United States
could do, and that the possession of that country
for only fifteen years, or twenty years, would
enable the United States government to pay not
only all debts arising out of its conquest bat all
the orglnal debts Of Mexico herself, icith every
other kind Of national and State debt tchich has
been contracted in this country.
1t is proposed, therefore, that in annexing all
Of the Mexican Republic to the United States,
that the revenues of that country, over and
above the expenses of keeping possession OF II,
should be applied in equal proportions, TO
the payment of the debt of the United
States, the national debt of Mexico TO Eu-
rope and also the State debts of the several
States of this country now in state of repuda-
ton The people of Illinois, Michigan, aad
other States, some of them owing heavy State
debts and some not, have all furnished materials
by which the conquest has been made; and some
of the financial benefits Of that conquest, grow
ing ont of the possession of that country for hi-
teen or twenty years, ought to be enjoyed by the
States in the manner we have pointed out
In this view of appropriating the financial re-
suits of the annexation of the whole of Mexico,
there would be combined all those various inte
rests IN this country, in Europe and Mexico, con-
nected with the several public debts of the Uni
ted States, OF Mexico, and the several States Of
this country, 10 creditors in Europe and else
where. The wealth of Mexico in twenty years
hence, would be sufficient to reimburse the
whole of those debts, which, in the aggregate,
only amount in dollars as follows
Public debt Of the United States $500 900 900
Public debt Of Mexico, due in Europe and
State debts Of the several State: Of the Uni. '
TED states,. .'..'s..... i1V VoVo Vo
Total. .$soo,ooo 900
Another question that will, undoubtedly, arise
out of this new and original view of Mexican af-
fairs, is its aspect in regard to it's justice and
morality as between nations. We might be call
ed robbers, and plunderers, and thieves, by some
of the robbers, and plunderers, and thieves of
Europe, for proposing or carrying into effect such
an arrangement with Mexico, but we are per-
suaded that the absorption by, or annexation of
all Mexico to the United States, and the COM
muncatng to that people little of the
spirit and enterprise which have made the
United States what it Is, would be
the Mexican race, that could be conferred on
them The Spanish conquest made them Catho-
lies of the middle ages, and attempted to engraft
on them some of the intelligence, industry and
habits of old Spain. While the Spanish domin-
ion lasted, some of these traits of character
were exhibited in more or less relief; but since
that country became independent, it has shown
nothing but symptoms OF returning barbarism,
anarchy, and gross savage state. The Ameri-
can conquest, with all the lights and improve
ments, both religious and scientific, of the pre-.
sent age, will communicate to the Mexican peo
pie new energy and new life, which in TWEEN
ty years will change the nature of the country,
and assimilate Its people to christian and
enlightened age. They are called Catholics
at this day, but they are not much removed
in their religious notions from what they were in
the time of the Montezumas. The name of the
Deity; the locality of heaven, and the forms of
worship, may be somewhat changed; but still
they are as ignorant Of the true essentials of
christianity, of the spirit of the gospel, of the i'm
portance of education, and of the light and i'm
provements of the age, as the veriest savages OF
the South Sea The organization of an Ameri-
can government of some kind in Mexico, the
opening of that country to the enterprise of the
people of this land, would be vast and essential
service to such people. Our missionary socie-
ties, tract societies, Yankee school-masters,
our traders, our manufacturers, our preach.
ers of the gospel, our lecturers and phi
losophers, would all crowd into Mexico,
spread over that beautiful land, and commu-
nicate new energy, new feelings, and some of
the best and purest forms of christianity, which
llvh a ybo1a IS
halfcivilized and sem-ehristian people Even
the Catholic priests there are sort of semi-demi-
savages, who would be educated and taught by
such change; while they would be protected in
proper way, their f0cks would be instructed
properly.
In every aspect of the case, the more attention
and reflection we give to the annexation OF the
whole of Mexico to the United States, the more
satisfied we are that the present prospect should
not be allowed to escape, and that the policy of
retaining the whole of our conquest there and or
ganIzing new government, and new order of
society, on new principles of civilization, would
be one of the best and happiest things for Mexico
and the Mexican people that ever took place. 1t
would place u.s. also, in the van of all other ma
tons, in respect TO power, civilization, wealth.
revenue, and every thing that man can wish Tor
in this world, or hope for in the next.
There is, therefore, peace with Mexico at this
moment; and, we believe, there will be no other
peace than that which now exists. 1t is the best
peace we could have.
The OpERA.-Last night there was tremendous
house at the Astor Place theatre. 1t was as full
and as fashionable as on the most crowded nigh t
of the season. Indeed, the amphitheatre seemed
fuller than on any former occasion. We do not
want to say much about the performances, until
we have again read Esop's Fables In this de-
generate age, it is best to say little as possible
about everything All the questions in music
and opera, which were expected to have been
settled last night, are as open and unsettled as
ever-as open as the Bay of Biscay, and as unset