The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1849-11-12
Foriegn Debt Of Mexico.

TFrcm Mouitsur boano, OF Mexico 10th Oct Isl9
Of all the evils shich the ignorance want Of fore
sight and lack Of patriotism evnced in the char
Of 81 public men, have brought on the
uaou undoubtedly the greatest Is that foreign debt
the oi. honorable desire Of spending all possess to.
without caring for what may happen TO morrow,
Was forced upon cur poo, eomnns Sy ,ns t'1 10
10 the greatest, because Independently OF be-
ipg one Of the many political blonders committed
siSce the achievement OF indepeodence uot this
day, which have caused the greatest sacrifices ana
mest compromised the reputation OF the rep ibiic
abroad Independently Of this, IL Is not svsu TO
calculate With certainty what further fatal
qu.ncss the unfortunate Mexican people may have to
Fer on acrount Of those rnuous contracts For our
part Ne will frankly cay, that when on every neces-
sAy OCCASION OF discussing the different questions con-
stsbtly presented by this business are obliged TO
swelling With the deepest Indignation against its
tbors cursiDs q thousand times their dstsstabs
Indeed looking at the business in its full extent IL
resuis hr.f that the republic contracted oblisn
eleven millions, whish alone we're really resolved Sc
eondIy that daring the twenty i've years that have
elapsed since the contracting u the debt usti tas
sent daJ Mexico ha. dsbursd for payment OF interest
greater than the one received; and lastly, tnat
outstanding all those sacrdcss and after the dit
In Witch all have ousted the
credit the the debt II the latter snousts
to than fifty siI millions OF dollars the interest
10 BE- paid annually alone mounting to two mil
Hons nsd hall such 10, In few words, the history
a the fatal legacy, ~hirh ~eiFhsg the present and
future g-r saioas OF the Mexican people, -l Ia their
e.. tstsn.sr aud Rad faith 81 those Of tb. naon's
highest fouutopsr,es Who not content With sinking
utterly Of the fortune Of their cotem
carried part 81 their missesds even to hypotbeosug
th. proceeds Of the labor ~ their pcstsrty Eternal
cures the men who thus abused the porer so in-
disc.stly entrusted then By the nunity Eter-
also. thoss Who Dot undsrrta cfinx this
r.sp.eisb the sscred character Of that rsssrd wnisa
nation. by the sweat Of their brow regard 10 ~
oJsct ~ speculation TO satisfy their ambition tseir
p~s.ures or their vices
But putting aside tor the present. the bitter resee
tons vh,ob naturally oeour to ne calling TO mind
tee origin cp.-qu.pcss OF th. vrctcbed sGsir ss
a. ce.c uoh r,nro ous, hovsver just OF await
against a.sds a,sdy psrpstr~t-d We mu.t pass on -
tn. confederation % the question nov agitstsd aud
vhi,h 10 resucsd simply to the hno~ing -hstber the
e.di,or- On TIT. foreign. British debt, as IL is
IN, ~ 10 call L. right to Nsxeo of
inJu.tcs, In she d. net approve Of the
S.nt -hieh their attorney lately entered into win
Mr.. Auspgois
W. have before nov. frsuhiy given uttsrsnce 10
opinions tIs point, ssspproviBg Of tbs agreement
rr rssops .-sgs-d, aud not yet sssv.redi and GER
tsuy IN ~ the turn ehch the defenders Of that
Agreement seek to e'e TO 'hs question, We vould -i-h
nt 20 sny sUoth.r woId ab ,ut did net consider
" eur outy ne N.xcsLs ana % public jourpsits TO
tiudieate our country iron the oot'sgss designed
Q. .iust her Iudesd, " impossibs 4, look on In
while. with slicsus eobc~annent u the truth
hires the stt.npt " made TO sho~ up Msaico o
nstIb tnst laugh all the lass ~ usse and honor;
and IN shcrt ration to Witch fIr its ~ful refa.
-al a. strfy s engagements ~ith foreign creditors 10
sni become Necessary To- sdDisistsr sucs lesson Of
lusties gwen TO The Chinese from the lannon's
mouth.
ntfu,h let any hear the exaggerated sismors Of
psg with being eOgDzast Of the great sscrin
e.s vhicb esico bs- mso-. ard " masiss 10 sstfy
tbos. cf, -ho complain much Vt tue injustice
rub witch thry trested and Who, carried By
a.. feeling ~neh bsfed speculation eret.s io them,
90 ret h.-se give ont that the Conference ~ the
t.rftcry ssd the ind prudence OF the republic.
e a. dagger, " ttsr 0ems bds ave pot somplied With
~ any one say hear tais and he could not help
-,eisiniIs, "vhst H. the meter! Good GDil-Dos
N. sru iep, diste debts Which she Justly to
th.s, en-, Hs- che, by chance ranked tbsm after
otasr ef.d having So psyiog the latter
ttFtter rr.1 Has lu-t IN Ter
sh,r meeting N, urgent demands 81 the State. sod
sts fu,- 10 denver surh surplus % these men
I Mt a ~hst she o~es ther-l fiaa ", d0es -hs
% g,t. Mp TO them Any, the Isast portion OF h,
u,evuss sny 10 nsniisst her siBcsre DE- ire 10 Gay
ftsmf Atd certainly any one sho should put such
uus'"ts ~ooid hs perfectly jns'ihaole. hecsuse oDly
10 INV ute - the essss sbote supp osed would the
pis,btst.t ffth b. just Rus Roc great you'd bic
suFfiss he vb~n be should b. informed hat not one
q De points he had put In mis- questions Tn. fss,
ttst White rsby ~ the creditors ~ the govern
ga ui q he kepuhi'c sen their credits o. or pee
.Lt to- sash. not hasi the bte-t nSy- ~
x hen, ~bii there are others 10 wboia ~ que q
vs, eel ~si bas the interest isr tsssfy thirty