The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1850-09-27


The memorial Of Isaac d. Marks, citizen of
Louisiana respectfully represents that, having
certained that the Mexican government, being
under the necessity Of borrowing money at exorbi-
tant rates Of interest," desired to anticipate the pay
meat OF the two remaining instalments under the
treaty of Guadalupe Hidafgo, and to receive the
money At the city Of New York, instead of Mexico,
whether the government Of the United States
would, for fair premium accept the drafts OF the
Mexican government; that he Is informed that two
exchange offered by Messrs Corcoran C Riggs for
themselves and the BarinRs, for making the pay
ments under the treaty, in Mexico that the govern
ment Of the United States, dissatisfied with that
Offer preferred TO pay the last instalment through
its Minister in Mexico, and that tAree and a half
per cent was the highest premium of exchange
which he could obtain for his drafts.
Your memorialist offered to the late administra-
ton four and half per cent premium for accepting
the drafts of the Mexican government, or for pay
ment of the money IN advance of its becoming due,
with abatement of interest n the latter case and
II was agreed that such offer on the part OF the
Mexican government would be accepted, and no
appropriation asked for at this session of Congress
TO enable the government OF the United States to
pay the money at once and thus save to the United
States the sccruing interest, which, together with
the premium OF exchange, amounts to nearly one
million of dollars. $3.50. ..aaa.H
With this understanding, your memorialist re-
paired early in March last to the city of Mexico,
and concluded an arrangement with the Mexican
government, by which he is authorized, as the
agent of that government, to allow to the United
change for accepting the drafts Of the Mexican go
vernment, or for the payment of the money in the
United States; and at the rate of six per cent per
annum interest for payment in advance Of the
money becoming due. II E. Don Luis de la Rosa,
Z +. and M. p. Of the Mexican government In the
United States, is authorized by the Mexican go
vernment to receive and receipt for the money
under this arrangement and duly notified thereof
by his government. I.T.. fl,
Your memorialist further shows that, being ad-
vised by his agents at Washington that it might
be desirable TO have the arrangement ratified by
the Mexican Congress, a special session of the
Mexican Congress has been convened fer that pur-
pose and your nemorialist believes that the
sent to and ratification of this arrangement by the
Mexican Congress, will be duly certified to the
government of the United States before the first of
next month (October).
Ii will be seen that this arrangement proposes
that the government of the Uuited States shall pay
to the Mexican Minister in the United States, duly
authorized to receive and receipt therefor the sums
due 10 that government, and allows to the govern
ment of the United States four and halt per cent
premium of exchange, which, upon the whole sum,
is upwards of $4,000 more than is allowed to the
United States under the contract made with the
Messrs. Barring and others, which was referred 10
yesterday by the Chairman of the Committee Of
Ways and Mems, in the debate on the Mexican in
demnity bill in the House of Representatives; that
il requires no advance of money by the government
of the United States, until legal and proper acquit-
lance and receipt Is given, and that II therefore
involves no responsibility whatever in the agents
through whom This negotiation has been made
| Your memoralist further represents that he has
been subjected TO great expense and loss OF time in
making this arrangement; that it was made in
] good faith, and greatly TO the advantage Of both
the government of Mexico and Of the United
States that he is now informed that Messrs. Bar
| lag, through their agents. FOR themselves and
others, have made a ccitrsct to pay the money in
the city OF NeXcS, which is not TO be binding on
mt IN Iness an appropriate IS made, placing the
| funds under their control Your nemorialist re-
| hat he acfv
/ be in violation Of the understanding between the
late administration and himself, which understand
ing YVES Pror to, and equally binding in good faith
uron the government Of the United States, as the
| contact which has beenmade with the Messrs Bar
ing and others, and that IL is due, in comfy TO the
Mexican government, we'll in good faith to your
memorialist, that the wishes of that government,
indicated in the arrangement referred TO- should be
complied with. III be said that the contract with
the Messrs Barring & Co., being la writing, binds
the United States, your memorialist is informed
end believes that said contract is contingent and
lot ndiDg on the United States unless ratified BY
Congress; and he respectfully suggests that If il
were not so, the previous understanding had by your
memouast with the government Of the United
| STATES IL more binding, because the contract re-
reierfedto was made, a. your memoriast believes,
without fus knowledge on the part of the Secre-
tdry Of State, who made il, Of the previous I'M
Outstanding between your memorials: and the late
ADMINISTRATION, and of the extent 10 which that
1 understanding had been carried into effect by the
arrangement with the Mexicanl government, your
emoralist further represents, that formerly large
eomnetciai profits were made by American mrr-
chants by the trade in the precious metals of Mexi.
co, which were brought into the United States
through New Orleans and other ports that, for
the purpose of diverting that trade from the United
Staes, and enrichiDg British commerce. the British
government has, for many wears, had an agent in
tie city Of Mexico, authorized TO purchase up, by
bills on London, the bullion OF Mexico, which Is
regularly RENTED to England by steam packets,
running monthly TO and from Vera Cruz, chiefly for
that pufPose Your nemofialist furtherrepresents,
tha, ever since Mr.. poinseu went 10 Mexico there
has been British interest in that country hostile
to the United States; that the object OF the British
merchants and bankers, and Of the agents of the
British government, In Mexico, has been 10 mono-
police the trade Of Mexico and especially the trade
IN The precious metals that Santa Anna, wi en- in
power, was allied with the British merchants and
agents, and enriched himself and them by large
government loans, jobs and contracts; that your
inemonaiist Is informed that some of the best in
formed commercial houses in Mexico have written
20 their correspondents IN the United States that
BriiIsh interest IN Mexico desires 10 place Santa
Arna again IN power, and that their purrose Ia TO
eonph,h this by civil revolution. And your
memoraiist further represents, that TO place the
pap mtnt OF the sums 20 become due TO Mexico
from the United States, under the control Of the
barines and their 0seoci't es, will enable them
again 70 place Santa Anna in power greatly TO the
injury Of the Mexican government and people,
and much TO the prejudice of American com.
ueice and Of American citizens engaged 10
trade with Mexico Your memerialist further
represents, that he verify believes that the bill
now pending before the Senate would not have re-
ceiyed the sanction 81 the House Of Representa-
iives had that honorable bedy been fully informed
and he therefore respectfully asks that the state
nents herein made msy be verified before a com
miee OF the Senate; and, inasmuch as IL will be
greatly TO the advantage both Of MEXICO and Of
the United States, he pTsys that the bin from the
house OF Representatives may be 20 amended as
to enable the Mexican government, through its
minister, duly authorized 60 receipt therefor to re-
c,Ne ,he money IN New York, as desires, instead
OF IN Mexico end TO carry into effect in good faith,
the understanding between your memoralist aud
the late administration
And your memonslist, as in duty hound. &c,
] H. MARKs
BY BrSi +. GREEN. Attorney.
WARRINGTON. Sept ~, 1850
Translation
Mosr EtcrLirSr es:-Isasc Domingo Mark. maize
70 the Supreme Government the following PROPOSE