Richmond daily Whig. [volume] (Richmond, Va.) 1842-1861, 1853-11-17
general p.dse only Of the rsrsnses aud resource. Of Ms,

general pledge only Of the rerenues aud Of Ne,l
GO were given.
The entire foreign debt of Mexico is held In Europe
and represented by Bonds the amount of OO'
Ia per stock old unconverted Bonds aud arrea
OF interest making a total OF eli 100000.
Texas which was one OF the Mexican States wherein
the land was pledged declared itself free and nJepcu-
dent but did take upon tclf any portion Of the deb
Of the mother country. Had done Texas would have
had ioul,y in raising loan In this county to cart!
on it, Internal improvements.
Arer the termination cf hostilies between the Unites
States AMI Mexico; the Uniei States gave to Mexico h'
OF SlS,OOoO0o and further took upoa herself thu
payment her subjects OF their claims sgans. Mesi
receiving all the land north Of river Gs, which ncud
ei the States Of Upper California and New Mc'co, bcnl
OF the States which the Bond hoiders ior'nerl,
had special morage Out of this sum- there reunited
only sixth az 81 5oooCo which applied to the
payment of part Of the arrears Of interest; but in quda
ton Of the capital Of the debt -noihing at ALL
From time time, and including the las, arrangcn' nj
o. the debt in 1880 the B,ndholcr have sacrificed SsS
900 Of their claus in the full belief that thcy bad
therchy secured to themselves certainty Of the regulA
e of future payments but ouly dviicuds paid
and since then Mexico has dehultcd.
There printed at the back Of each oi the Bonds
in circulation, resolution passed by the bon'holdcrs,
that in consideration Of the large sacrifice of more th II
.cI 100000 sterling They expect that tho MeHic n
Government will find the means OF making some con
pcnsa,op Tor the great sacrifices thus made on" Of tie
"mnoppropriatod ia,cs Of tie R'pHbiie."
The land North of rs degrees incudi " the whole q
Lower Carn, NAV b. regarded being very little
value Mexico though is than hall OF her NOM al
Territory
From reconsideration Of the foregoing facts naturally
arises the following proposition: That the United States
should purchase from Mexico the wild lands which
the Bondholcrs did three years a' hold distinct mort
.sgc and DO now possess Bonds representing the former
debit the price of these lands to be- the entire foreign
debt of Mexico, and further of money (say esO0c-
600 to be paid in cash to Mexico.
There would not be any difficulty in raising the money
required for the United States. Al United States per
cent sterling stock Tor the purpose Of hqnida,ng the
Mexican debt would be readily negotiated nearly par
exchanged for the Mexican stock in the proportion Of
two. ln other words rev loan Of s1,5uo,OOo
ling per c,,t. would rquidae the foreign debt %
Mexico. and give TO her -, O0O,CUo, in cash.
Ii the United States Bonds to contsin clause
Offering receive them in piyncni for land very large
would be quickly cancelled in payment Of part OF
these lands.
Mexico will be gamer for she VII! yet rid Of lel
the payment of the which would be ccns'at
drain on her resources.
MEXICO will honoraby be relieved Of Territory over
which She scarcely exercises any control and where tie
very few inhabitants have depend for their safety more
their energies than any protecting which
the General Government may exercise.
Mexic.ns residing the Territory vii no longer fear
the ncursions Of the Indians.
Mexico relieved the whole Of the foreign debt " II
be able TO the heI home debt with the
revenues OF her customs, which pledged partly
10 her boudholders in the embarrassing manner
European Capitalists will hail With slsason the e'-
tncou of the Mexican debt which has been source Of
deep al xcty to them for than quarter Of cent?
~.
European Statesmen will with pleasure the transfer
of large portion Of wilderness from beneath the nom
nal sway of Mexico TO tina; OF nation who viii and can
control it,
The United States will gain BY purchase large quantity
Of land Of great utility to her.
The United States can lave more fhciie and shorter
route across to the Pacific than any land in her
possession.
The United States will &c; this Territory cheaper thsn
by another method.
The United State. give greater facilities and seeuIi.
ty for the deveiopcneut of the Silver Mines.
remain, yours truly,
T. ii.