Wilmington journal. [volume] (Wilmington, N.C.) 1844-1895, 1857-03-20

MexcO-PrOteSt of Eng md
Tie treaty lately concluded with the Mexican gov
eminent by Mr.. Forsyth the American minister, has
created great sensation in the city of Mexico. The
British and French ministers are furious on the
subject and had protested against it. Among the
people the general opinion at Fl st that it would
not be ratified by our Government The raft d Union,
however says that public opinion has now become
favourable
The Trait d'Union, of the 18th February, contains
an elaborate and critical analysis of the treaty. Ac-
cordng to that journal there five trea ties, four OF
which are merely considered accessory, while the
nth contains the essence of the whole lis provi-
sl0ns follows:
The American government lends to Mexico fifteen
millions OF dollars, at an interest of four per cent
per annum. Out of this sum the United Sta es is 10
pay the debt OF the British convention due by Mexi
co-tbat is, about four millions. The United States
Will, moreover, retain sum of three millions for the
American claims recognized by the mixed commission
Inc remaining eight millions will be paid to Mexico,
and the latter ohigates herself to 1andon to the UNI
ted States the 20 per cent of custom. house duties
now imposed on all imports and exports between
Mexico and the United States, transported on Amer-
can or Mexican vessels. European manufac ured
cottons are, however, excepted from this stipulation
whether shipped on American or Mexican vessels
| In order that this abandonment Of the duty of 90
per cent should take place, il is stipulaed-1st. that
the merchandise shall not be European manufactured
cottons "a, that imp rts and exports shall be
the commerce shall be reciprocal between The Unit
ed States and MeXico-so that an American or Mex
lcan vessel arriving from sailing to a European
port shall not be entitled 10 the reduction of 20 per
cent, even though her cargo does consist of cot
ton manufactured in Europe Mexico, according &c
The Trait Union, loses nothing she is authorized
to place The 20 per cent. duty abandoned in favor of
the United States 10 the debt of the latter and to ex-
tinguiSh In this manner the capital and interest of
the DEBT OF so,0O0,OOO. I'VE append the comments
nj no IraJtH II7In
"We may be asked where is The advantage of the
United States IN this arrangement? The treaty does
not snow 1t, and we might answer that this is the
business OF the United States, but it is easy to i'm
, agine the advantage
The United States sacrifices S8, OOo, OCO for the
benefit of her commerce This is the entire secret
The treaty does not in truth, provide that the reduc-
ion of 20 per cent shall be carried 10 the profit Of
the United States, but to the credit of the importer
and exporter. The latter then will be bene6caries
but will not the United States eventually obtain
greater advantage? That is the question.
1t seems 10 US Indubitabe that, by means of this
premium for it is nothing else) established by the
United states on the mutual imports and exports O
the two republics, their commercial relations will
largely increase that the commercial marine OF both
nations Will be fos;ered, and that The products O
American industry will enjoy marked advantage
over those of Europe in the Mexican markets
II must be conceded that this is grand and lb
eral conception; the United States alone makes Thu
TONS She does pot protect her merchants, but he
commerce for ii matters not what NAV be TIL
nationality OF The importer or exporter-whetbe
Mexican, American or Chinese-he will be entitled &
The premium, If he trades between the two countre
- by means of American or Mex an SHINING
; The Trait Union, then goes on to specnate ron
eernlng the results of the treaty It is of opinio
that the sacrifice made by the u States will Prov
but nominal, as her custom, house revenue will b.
considerably augmented by the increased trade; ha
large amount OF European products will be sent t.
the United States entitled to drawback and re.h,n
ped 10 Mexico, and that the federal treasury will b
ennehed by the expenses of bonding and storage
thinks that European commerce with Mexico is Sc
ElousIy menaeed by the treaty. and that constitu
ties v Irritable commercial revolution The worst o
H. adds that Journal is-ihat it is legal.-Sun.
New HAMPsHRE.-The election for State officer
and Congressman, held in this State the 9th inst
resulted in the election of the entire Black Republi
can ticket. ..'. "