The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1850-08-09
WASHINGTON, August 5, 1850

WASHINGTON, August s, 1850.
Erening Paragraphs Of the Doings-7hs Runors,
and the Gossip Of the Day.
Mr.. Pearce has brought in a better bill than the
Compromise, because il comprehends oulv one
question, and proposes to settle il conclusively, in
manner satisfactory to all parties.
II proposes to pay ten millions to Texas for the
surrender Of her claims to the disputed territory,
and for all her claims against the United States of
every character, growing out of the annexation.
That, we understand, will be satisfactory to Texas.
IL proposes TO preserve to New Mexico her old
time honered territory this side the Rio Grande,
with good slice from Texas died to It, and this
will be satisfactory To New Mexico,
The territory thus confirmed to New Mexico
will amount TO some l25, 600 square miles; and
though Texas may have no more title TO the terri
| tory along the Rio Grade than she has TO Cali
forna, the bill adds 10 this territory large tract
TO the eastward, which does belong TO Texas, say
10000 square miles. Mr.. Pearce takes the view
that Mr.. Benton takes, TO wit, that Texas IL en-
| titled TO pay for the territory which she does, in
fact, surrender, and that IL does not exactly be-
come the United States TO inquire whether II is
very rich or very poor. Good for nothing Il GER
tainly IL; but what three, or four, five mil
lions for this land, to the settlement Of this ugly
dispute II fifty millions thrown into the sea viii
settle the question, and restore the good Fellowship
Of the Union. let the specie be overheard into
the deepest hole ia the Atlantic.
But again, Texas, ten millions in debt, at least,
has some 100000 5000 900 of debt based upon
her revenues from customs. The United States
have absorbed her customs, and, as Mr.. Pearce
argued, and as Mr.. Clay argued, she has an equi-
table claim, on this ground, for indemnity.
But, II Texas should get some five millions to
cancel these bonds, which she may have already
settled al hall price, the holders may come upon
the government 10 make up the deficiency. To
prevent such an accident. the bill reserves FIVE
millions 10 cancel these bonds the paper may be
presented. The whole ten millions payable IN II
years, bearing live per cent interest, payable half
yearly.
From the manner in which the bill was received
to-day, We have no doubt Of iis passage, although
we expect the extreme South TO resist IL, buying
territory OF slave state, out Of which 10 set no q
free state. Still, we believe that the bill has q
large majority 81 the Senate in its favor and that
u will readily pass both houses; and the more
readily because u is confined strictly to the bounda-
The extreme South are making what we take to
be useless resistance 10 the passage Of the Cali
foraa bull and, though Mr.. Mason, Of virgiaia.
ntmatsd that u might lead to preparations for dis
solution, we apprebend the warning will be Of no
avail 10 arrest the passage of the measure through
the Senate. We say nothing Of the House, just
now.
Mr.. Fooie charged heme upon the South, that.
by rejecting the Compromise, they had lost the
line Of 30 30, which the friends Of the ball were dis
posed TO allow; but we concur with Mr.. Seule,
that that idea was mere delusion. The thing
was tried and rejected and there was no more
chance for u in the Compromise ball than
there Is now. Even u u could have been put into
.he bill, u would have KILLED IT, Thirty Ncrhsrn
Wales would have been enough TO do il.
:. The House to-day have been engaged upon In,
Post Office bill-t5,2l5, 67 for the al service by
land and sea. They begin to act AZ n under the
conviction that II would be expedient TO adjourn
some time between this and December next, what
ever may or may not be done upon the negro bust
ness.
The two vacancies in the cabinet seem TO 40
begging An administration without patronage IL,
amer all, rather thankless undertaking.