The daily exchange. [volume] (Baltimore, Md.) 1858-1861, 1858-05-05
BALTIMORE.
WEDNESDAY, MAY 5, 1858.

Every succeeding mail from Mexico brings with
it confirmation of previous intelligence, with
spect to the disorganzed condition of that i'll
governed Republic. During forty years of anarchy
her public works have fallen into decay her fertile
fields have been neglected, and the products of her
rich mines of the precious metals recklessly squan-
dered by contending factions. Belligerent, yet
pusillanimous proud, naughty, ignorant, and vain
glorious, an ambitious military oligarchy have
set up and pulled down ruler after ruler, until at
length, under the incessant strife of contendng
cheftains. the central government has fallen into
contempt, and the Republic has been cut up into a
series of sem-independent principalties.
Vdaurri holds possession in the North; Juan
Alvarez in the South; Zuloaga exercises dubious
authority over the valley of Mexico, and other parts
on the Gulf are held by Juarez and his adherents
with brigands infesting the highways, and raplne
and murder common occurrences in the cities with
no law TO punish crime, no power to suppress IN
surrecton, with an exhausted treasury, and an
impoverished people. There appears to be no hope
of finding within the limits of Mexico, single man
capable of re-uniting the shattered fragments, OF
restoring order and of re-establishing in the sew
era departments, harmony of sentiment and unity
of action.
In view of this deplorabe condition of affairs,
and the apparent necessity for foreign intervention,
bill for the establishment of an American Pro-
tectorate has been introduced into the Senate
by General Houston, and the project is ear
ncstly advocated by some of the New York
journals. We have already, on previous oc'
casinn, briefly expressed our objections to the
assumption of any such authority The Office
would be at best thankless one. 1t would
be a new and dangerous innovation upon the set
tied policy Of this governmental would impose
upon us duties of an onerous and unproftab
characterit would bring US into frequent collision
with the disafected portion of the Mexican people
it would have a tendency to embroil us witt
foreign powers, and instead of Strengthening ant
advancing that system of gradual absorption, which
is our only true policy, might have the effec
not merely of seriously retarding 1t, bu
of thwarting it altogether. Far better than any
half measure would it be for us to take formal pos
session of Mexico, and bring it at once under thu
jurisdiction of the United States. If we assume
the debt she has incurred, her foreign creditors
would welcome the transfer with unmingled salts
faction, whilst the powers Of Europe have quit
enough to do to manage their own affairs withou
caring to NEEDLE in a matter which, if it concern
them at all, would only be to their advantage
protectorate is only shabby genteel way o
exercising power we are ashamed to avow 1t i
the thin veil behind which ambition for territorial
ACKNOWLEDGEMENT occasionally seeks to conceal it
movements. 1t is the 1--WE would an five dared
of those that lack the boldness to justify their de
signs, and is alike at variance with our avowe'
sentiments and our cherished theory of natural ex
pansion.