The Middlebury galaxy. [volume] (Middlebury, Vt.) 1848-1850, 1848-02-01

support of both parties, displeases many, anu
unless he comes out boldly upon the wing
platform, and tells the country In language I'M
equivocal what are his views concerning this
war, and the policy he would pursue IN regard
to Mexico, and other matters more or less I'M
portant, he can calculate upon but feeble
support from the Wing party, and upon none
at all from the Loco Focos. Those who know
Taylor say he is as sound as MIR. Clay or any
other Wing upon these issues If so, why then
not say so publicly, and end all doubt
You will have noticed the report of bill
from the Committee of Ways and Means, for
loan of 10 millions flee hundred thousand dollars.
This immense sum has already been expended,
and it is demanded to pay for obligations al
ready incurred; and before the end Of the ses-
sion, another loan will be required, of twenty
millions more, to carry this beautiful war into
the ''vital parts of Mexico" l have not read
the bill, as it has not been returned from the
printers, but presume that it fixes the inter-
est at six per cent, and provides that it must
be negotiated at or above par. Treasury
notes, bearing six per cent. interest, are now
selling at discount of two per cent, and with
the present scarcity of money, the Govern
ment, think, will find it difficult to negotiate
a loan. 1t is generally understood here that
the Loco Focos will endeavor to change the
character of the bill, so as to have the amount
required raised by an issue of Treasury notes,
or in other words, deprecated Government
paper, and flooding the country with the worst
kind of paper currency: Will it not be an
interesting spectacle to have the Loco Foco
side of the House take up the cudgels for this
deprecated Government paper, after all they
have said in denunciation of bank notes and In
fevor of the hard money, subtreasury system.
| Again, a great interest is felt here to see
what course the House Will take, in relation
to the refusal Of the President to communicate
to Congress and the country the ,ohOIe Of the
correspondence which led TO the return of San
ia Anna to Mexico, an the instructions given
to John Slidell, when he was sent Minister to
/ Mexico. There are certain facts i'll relation
to this matter which honorable members here
believe it is by many believed, and there
are GOOD grounds for the belief, that Slidell
was instructed to demand of Mexico a consider
able portion of California, and to demand the
Rio Grande as the western boundary of Texas;
and it is believed that Santa Anna had agreed,
when in Cuba, that he would, If again in pow
err, accede to our demands, whatever they
might be-and as an equivalent, we were to
give up our claims against Mexico, and in adj
dition, as a douceur to himself, we were to give
him three millions of dollars. As part, there
fore, Of the scheme, Slidell was instructed to
threaten the Mexican government, IN the E.
vent of its refusal to accede to our demands,
with a return of Santa Anna from Punishment
and as part of the plan, to coerce theMex-
lean government, our ships of war were order
ed to cruise in the Gulf, and the army under
| General TAYLOR to advance to the Rio Grande.
1t so happened taat Mr.. Slidell was not receiv-
ed-consequently thopurport of his instruction
is not known. w. D.