The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1851-07-27
The Repafsiic OF Mextco-Hsr Creditors, her
Dents md her Destiny.

The repa5l of Me- ico is in danger Of being sold
out, like . condemned hulk, for the benefit of the
vreckers. We published yesterd ay brief tele-
graphic despatch fro New Orleans, announcing
that the EngIish Minister at Mexico had signiie1
in perenp manner, that the debts dae
by Mexico 30 British creditors must be paid, or
that decisive measures would be taken a, o1ce to
enforce then; and that the ministers of France aad
Spain had seconded the movement. Assuming this
inorma tiGn - be substantially correct, the presen.
condition aud sna! destiny Of Mexico become mat
tiers OF grave Import, and Of the most prehensve
sbara ,ter Il the opening up of train of events
which must terminate, sooner or later, in the lb-
soute extinct,o- OF her independence and in the
auperseding sy.E more vigorous people and higher
civilization, tas present mbecile races and ef,te
institutions OK tie patrisrchial system of Mexico.
The ststist.ssec the capacities and resou rces of
Mexico, in a csr.mercial view, old story.
" it, a capacity sor the comfortable subsistence
Of one hundred millions of people, she has cumi-
mated, and, for res-s, has been declining from
maxssgm Ct eight izillons. The day of her indie
Yendence from Spain was bat the delusive com.
mencoipent of a deci. ne accelerated by all the
rurti0ns Of continual Intestine wars, TO the final
calantiss Of spolia.i-as, subug stion bankruptcy,
md utter extinction. The last act Of extinction
alone remains to 6 AZ the record Of her Ing lorious
history.
Mexico Is bankrupt. Her exports have dwindled
to q mere fraction hs~ Imports have corresp md
ipgly dini.ished, aud hse excessive duties divert
the prof, o. her trade C. .osiraJ rndIs and their
allies q the government But il is not purpose
60 draw eiths- nsrrntiEo, TO give the causes ri
the present irostrated, hepsless, and apparently
helele condition Of Mexico No other indcpen.
IL. - a
such abundant and convi.cipr proofs Of its total
EnissPpoation .. tle pdaeeloa q self government.
In state Of peace. We find, lkocgh involved to the
drowning point 10 Glb tia. he2i,o is actually ia.
capable Of meeting by ordinary means, her ord-
nary expense; aud hat 20 NEE. her immediate
necessities, shs antis 1ates and gocs deliberately
into the market 70 Lc shaved apcu the Unit>d
states instruments Il scus three millions q year
a. ,Ae same time, put millions c. people toto
this same eShaussed anG bankrupt eogstrv, OF the
enterprise energy, Industry and buso, ~ tact Of
tho l-o2le Of Now lors. and they viii the FIRST
year dispose VI exports 70 tle amount Of Soy mil
IMs. The fault % o radical enc. 10 ia ia the race
or RACES inhabi.iDg the sou They must, even as
tic atorigibss are con PEELED 10 d.. give way Ia due
time tic pressure u sJps -i2r race. aFlble
Of Developing the oountrys rss1uFecs, aad aols to
boid o., 10 govern 10, and defend 10.
The British. French aEJ spluish creditors d.
nand Of Mexico the payment Of the debts that are
due ttcn All well rough. Bat hIS is Movc, I
to pay tbste Gny or sixty millions, a. they have 1
rnatured and are lsturing principal and interest I
The facili,.s Cor smuggling cut OF al extrajrI-
naty demands upon tbo import rcvenu,s-the pope
have nothing and any ate npt o. make the church
disForge viii b. iolowa by a revolution sni now
Tov,ir mcnt Can these creditors expect 70 force
Mexico 20 pay. when he Ia. NJ fund.-uo re.
sources no assets. ont q which 20 make any pay.
nentl % &C. far more probable that here - some
other object the.e refemptory demands. Tue
creditor Of England, France, and Spain, may a..
sire q bold upon those bali worked silver mines Of
The interior; or a lease Of some Of those uninvsaed
gold Washings of SonJfa; or, perchaoce, some ia
toress In the right Of way and great inter oceanic
abroad from Coatzscoalcoss 10 Tehuantepec-
somcthing Of this soft may be- AZ the bot, Jm Of
these demands. II is the more probable when We
cunfult The panifest destiny Of Mexico Il Is very
plainly prefgured TO be either TO seek protection,
Or 10 suae, absorptioo--she must b protected by
foregn powera, or h absorbed by the United
State she must eel herself to Europe, or strike
a balance sheet, wash her hands aud face, and
modes'S ak, lie Texas, che benefits Of . re-an-
neEation 70 tho nited Sts,cr Il che North. silver
mines. COPPER min0s. gold wishing. coffee, = ices,
iogwood mahogany, TehalntcIoc aaS ali
Satisfied, az every Observing man nisst be. thst
~ l. the wish Of tho government arl TIE people OF
the United States 20 zee Next redeem La.sor
and ma.ntain herself reapectaby lm9og 10. ma ,
lior g. sAsi.fcd that blending Of OF, Iaop,a sirb
Der dogradeo piebald races IL not d'.i.lbe ona0y
erms- still. the intentions aud morea. a,. "a. %
roscrpmsnts ard agents IN McHc., dtnvl tbs
sstcbfrl ,,tepiior 4 cur cNn "a. to,e H D