The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1853-05-16

Rat he'd to Santa Annals recall He reassumes
the dictatorship under the pressing exigeneies
Of an exhausted treasury, . rebellious army,
an impoverished people, jealous priesthood,
impatient European creditors, Indian incursioas
from all sides, discord in the south, discomfort
in the interior, and fillibustering invasions all
along the north. His first necessity is that OF
bankrupt exchequer He must have money
He cannot move, he can do nothing without
money. And the question, how is he to raise
the needful supplies, involves considerations OF
the first magnitude to Mexico, to u.s. and to the
whole commercial and political world.
There are three modes by which the immediate
necessities OF the Mexican dictator may be met.
He NAV draw at the point ofthe bayonet upon the
treasures Of the church; he may secure loan,
upon usurious interest, in liens and mortgages,
OF British capitalists; or he may obtain good
round sum, in hard cash, from this government,
for an additional margin Of the waste and open
territory which TANKS the present boundary line
Of the treaty of Guadalupe Hidalgo. The plan
Of compelling the church to disgorge portion
of her hidden treasures has long been an
itching desire with Santa Anna; but
upon sounding that project heretofore he
has found it utterly impractieable, from
the unlimited power which the church holds
over the people. "Our Lady of Guadalupe" is
still invincible in Mexico. The only hope,
therefore of Santa Anna from the church is in
such gratuities or loans as it may be pleased to
bestow ; and these, we apprehend, will hardly
be sufficient for 1.-THE of his most urgent de-
mands. On the other hand, the British CAPT
talists would hardly be willing to lend any
more money to their sixty millions invested in
Mexican bonds, short of some more substantial
hold upon the resources of the State, her ports,
her rivers, her highways. or her soil, than any
thing of the sort which they now possess.
The remaining alternative is to sell an addi-
tional strip of the northern frontiers Of Mexico
to the United States; as this appears to us the
wisest and safest policy for both Mexico and
the United States. But the antecedents Of
Santa Anna and his recent emphatic declara-
tons On the subject, would seem to bind him
against the sacrifice Of another inch Of territory
to 1.-The atrocous Yankees at any price II
he holds to this ground, and to the resolution
of maintaining the identity and independence
Of the Spanish race at all hazards, we can per-
ceive no other resource left to him than to sur
render the country back to Spain as colony,
or to the protection of a European alliance, on
terms as degrading even to poor Mexico as they
would be Instantaneous to US, and hostile to
the genius Of our institutions and the drift of
manifest destiny"
Such is the critical condition of poor Mexico
To save the country from becoming Deepen
ey of Spain, or of European alliance, we fear
that our government cannot interpose it's friend
ly Offices too speedily. The little boundary
difficulty of New Mexico affords the occasion
for such enlarged overtures of a pacific adjust
ment as will not only cover all our unliquida-
ted difficulties with our distressed neighbor;
but such as will also relieve her necessities,
place her firmly on her feet, and guarantee to
herr in our friendship and alliance. the preser-
walton Of her republican independence against
all European intriguers. 1t seems to us that
the time is at hand for action. What will Gen.
eral Pierce do?