The Athens post. [volume] (Athens, Tenn.) 1848-1917, 1851-11-07
FROM WASHINGTON.
WASHINGTON, Oct. 70.

The latest accounts from Mexico show
that its central government is in condition
tending 10 dissolution. The several States
will probably shift for themselves and form
small and separate con(ederacies. The
Republic of the Sierra Madre, comprehend
ing the Northern States, will perhaps be
very soon organized, though how long it
will hold together is quite another question:
lis probable annexation 10 this Union IS
anticipated by those who do not consider
that the country is peoped, and that we
should not only annex some territory, but
also embrace people whose language
religion and traditions are different from our
own, and where capacity for free govern
ment has never yet been developed. There
is, in some of these States, a portion oil
sugar. producing land, and it may possibly
be of sufficient value 10 invite slave holding
settlers from the Southern States, but oil
this we have no certain information. II
these States should even come into this
Union, it is more than probable that each
Of them will, for a long time, be represents
ed BY as many senators as representatives.
Even California, though for three years 1t
has attracted immigration from all parts OF
the world, is not yet entitled by It's popula>
ton TO two representatives. During the
| debates IN Congress on the bill 10 admit
California as Stale, i, was urged as one OF
the arguments against it, that California
had not, So far as we know, sufficient
number of inhabitants to entitle them to
two representatives. Ii was then answered
tina, the population exceeded two hundred
thousand. and would soon be doubled. The
returns Of the late census show tina! the
representative population will be less than
one hundred and forty thousand. The
Superintendent Of the census says, that on
this account South Carolina will return six
representatives under the apporionment for
the next ten years, whereas if California
were entitled TO two members, South Caror
lima would lose the benefit Of her position,
which is over twenty -four thousand, after
allowing for FIVE representatives. When
the bureau shall receive the full returns
from California, the Secretary of the Int"
rlor will. under the law, make the appor-
tlonment of representatives, and inform the
respective State Executives Of the same.
The Mexican Minister now here, Senior
De la Rosa. will, it Is said, resign his post
and leave for Mexico next month. He has
been elected Governor of Tucatecas. and
accepts the office. This is one Of the
States which, i, is supposed, will be involv-
ed in the revolution now in progress, and
will form portion of the projected new
Confederation of the Sierra Madre.
The failure of Jacob Little s. Co., Of
New York. astounds the public. But il
would seem that we have here experience
enough as 10 the chances and mischauces
ofs.ock speculation, 10 render such an event
very probable, if not certain. This failure
will involve the failure Of many smaller
operators.
1t appears, according 10 an estimate late
ly made, that the amount Of gold received
from California is a hundred and thirty
millions. But at the present time. gold
forms no par, Of the ordinary currency IN
New York and New England, as every
one who has lately travelled that way must
have noticed. They have in circulation
neither gold, nor silver, nor city bank pa
per, nor any paper readily convertible into
specie. The currency consists of small
notes of country banks. which, if you take
them at one corner, will be repudiated il
YOU offer them at the next. When the
present policy Of country banks. whose
issues are 10 be based on stocks, shall be
more fully carried out. the precious metals
will disappear entirely as currency.-Cor
respondence Of The Courier:
ATLANTA MARKET. Oct. 30.-Beef, by
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