The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1859-09-07

The Treaty with MexacO-A New Era or
Commercial Prosperity.
The new treaty which Mr. McLane has nego-
tisted with President Juarez Of Mexico, il the
most important negotiationth that has been con-
cludcd by our government since that of the ac-
QUESTION of California.
Our Washington correspondent gives us the
points of the treaty, which are: perpetual and
SECURE route across the Isthnls of Tehuantepec,
free port on the Gulf of California and
route therefrom to Arizonl. the adjustment
and payment of the claims Of our citizens
against the Mexican government and the pay
ment by US of about ave millions Of dollars to
the government of Mexico, ons half of which Is
reserved to pay the American claims.
When peace was made with Mexico our
government endeavored to obtain the right of
transit across Tehuantepec in Tery much the
same terms that have now been conceded by
Mexico, but without success. BY the present
treaty this important point has been made Sc
cure, and it's effect will soon be experienced in
all our negotiations with the ether Isthmus
governments. But the most important
concession is that of q route from
Arizona to free port on the Gulf
of California. When the golden gates of
San Francisco were opened the whole CONNER
cial world received a tide Of prosperity that
still continues to flow, enriching industry and
trade. and puzzling the philosophers as to it's
effect on prices and the value of gold. Now
the silver gates of the Bay of Lobos are opened
by the new treaty, and food of that metal will
soon pour through them which will equalize
the value Of the two types of circulation, and
give just such another impulse to all trade and
prices as was experienced in 1849 from the
placers of California. The practical result of
the new treaty with Mexico will be to start the
whole country on q career of speculation and
expansion, and by the inevitable increase of
trade it will add in few years millions to the
wealth of New York. and in proportion to that
of the whole country.
The President has exhibited great s.gacity
in conducting this negotiation with Mexico, and
Mr.. McLane has done his part of the labor with
an ability rare among our representatives to
the Spanish-American republics. While the
path of material prosperity has been opened to
another of our rising States on the Pa
ciic, the jealous susceptibilities of Mexico
have not been wounded.
Even more than this has been done
The moderate policy of Mr. Buchanan has
proved to the government and the people Of
Mexico that we have no ambitious desire to
take advantage of the present difficulties that
involve that republic to despoil it of its terri
tory and its rights. Had such disposition
animated this government nothing could have
been easier than for it to have found pretext
and to have taken possession Of whatever 1t
may have desired.
The money that will accrue to Mexico from
the new treaty will secure the triumph of the
constitutional government there, and place
President Juarez in a short time in the capital.
This will enable Mexico to carry out the judi
cious reforms that have been initiated at Vera
Cruz, and if its government pursues wise
course it will bring about the permanent es-
Enlistment of peace and order there.