The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1852-10-16

cent prize ever presented to any nation and reject
ed, in the history Of tho world.
But he says;-"i was not in favor Of the annex
alton Of Mexico to my o~p county. Mexico his
about eight million Of Dhabitante and ont Of these
eight millions there are not more than ono million
who are Of pure European blood. The Indians and
mixed races constitute about seven millions. They
are exceedingly inferior TO oar ogn. As lover
OF my country, i was opposed to mixing up that
race with our own" Very plausible, but not salts
factory by any means. The Mexican population is
not inferior to the swarms Of runaway negroes and
Indians which make up so large an item Of the Ga
madam population: ard the resources Of wealth in
Mexico are incalculsbly greater than those Of the
frozen regions Of Canada. Yet General Scot is in
favor Of the annexation Of Canada, but utterly
hostile to the incorporation of Mexico into this
Union. Why 20! Is it because tho annexation Of
Canada would overbalanco tho South, and broak
down the institution Of slavery by legislation or by
fire and sword, while the acquisition Of Msxico
would only give further security to the South md
stability to the Union? The selection OF Saudusky
for theae Mexican disclosures would seem to warrant
this conclusion the idea intended TO be conveyed
by General Scott TO his abolition hearers He
the bard jaw breaking German Is emusic to his
ears; but he cannot endure the bastard Spanish Of
Mexico. He can welcome the free negroes Of
Canada into the Union, but cannot sink in with
the Mcxitans He is statesman Of that school
Seward was right in his man. We must reject
Mexico free gift, because Gen. Scott is opposed
to mixing up that race with our own
Away with su,h trash Tho truth is, General
SCOTS hostility to the Mexicans is but another ver
sion of his native American doctrines. few years
ago he was equally hostile to "mixing up with the
Dutch and Irsh-he was 'fred with Indignation at
their influence in elections and in favor subject
ing them and all other aliens, to total exclusion fro
the ballot box, excepting only such rs might serve
term in the army or navy This marrow and con.
traCted policy, it appears, cost this government the
loss Of Mexico. We might have had it, with all its
wealth in minerals, agricultural resources. and
valuable timber, including the Isthmus Of Tehuan-
tepec, and oil the other transit routes across the
republic, between the two oceans, and all without
trouble or further warfare, had not General Scott
been opposed TO it, because Of the nferor.y Of the
Mexican population to ours. The results Of his
self conceit and folly are that question Of war is
now pending between us and Mexico in 70 pect to
the Tehuontepec right Of way-that British in
rieues and British influence are predominant in
hexco-that fN'6nsi0os are rayaging the country
along the Rio Grandc, while hordes Of lnerciless
sayae esare burning, killing. and pundcring through
out the western departments; and to crown the dis.
astrous condition Of the country, famine and in
cipient revolutions are the order Of the day. This
horrible state Of things cannot long continue.
Mexico, Frustrated in the dust, degraded and fallen
to the last degree Of heplessness, will soon b,
left no oher alternative than that Of Colonial De.
tendency Of Great Britain or Of annexation to the
United States. The work so nearly AGO ,mplshed
by our armies in the late invasion wns thrown
away and years ofdiploma and, perhaps, Of war,
may low DO required to repair the diplomatic blum
dering and contracted views Of our military d,-
tatcr in II exco.
With respect to General SCOTS partisan CON-
plant upon the stumpthat he was stinted of troops
while tho war continued, but was overwhelmed with
achievements when the war was ut an end-it will,
probably, be attended 10 by ex- Secretary Marcy.
whose reputation az the late head ofthe War Depart
ment is thus directly assaulted If sold Chippe wa''
MS forgottcnthat basty plate Of SOUP and the
heavy csstigation that followed it, we shall not
pretend to insure him against tho consequences
We have only to submit, in conclusion, that his
narrow iebted and dictatorial proceedings in Mexi-
CO, faf more even than his silly, vishy washy,
Mandy PANTY speeches his tour in search Of
that rich Irish brogue." prove his di.qualifcatons
for the weighty and momentous business, foreign
and domestic, of the next administration.
WALL STREET Book KEErINa Any one not con-
yersant with the internal machinery by which he
merchants bankers, fnanciers aud brokers Of w LII
street transact their immense business and keep
their accounts, would, in the simplicity of his
heart, imagine that it must be extre nelly ntrica e.
and established on such a mechanical System rs to
insure the most perfect accuracy and correctness
Corps Of bookkeepers and ASSISTANTS, telers, au Ii
tors and cashiers would to be pcrfsc. defence
anst the slightest omission or commisson
and render the embezzlement Of the sun Of TWEEN y
Eve cents, without immediate detection, an inpos.
sibilty. Bot those who entertain such an idea Of
the science and practice of book keeping in W III
street, deceive themselves most egregousy; and Cor
the purpose OF eul'ghsonng them on that point, NO
have only to refer them to the interesting case nov
under investigation before the police magistrates,
touching the abstraction from the funds of one Of
our Well street banking establishments, OF q moro
trine, in the noighborhooi Of a quarter million os
dollars. The evidence taken in this case il worry
instructive. as giving an capost Of the manner in
which the business Of the banking and mercantile
DTDs Of this city is managed, and the facts may be
studied with profit and advantage by all classes Of
the community.
The very possibility of On enp,ye in q conner.
cial establishment being abs systematically to
draT-githout the cognzsnce Of the firm fl 1is
amounting, in the aggregate, to Sz2O,0OO. AMI to
indulge habitualiy In the practics without dee, IN,
Ia the best evidence that c an be adduscd OF the
rinritr or tho hr rrLicL H.