New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1860-02-29


present Administration This Loan and Tariff bill
will probably be coupled together so as to fsei'-
tate the passage Of both.
THE MExICAE TREATY.
Intellil snce has beeu received announcing taN
0casApo, who recently resigned the Secrc'aFysa'p
Of F~eign Affairs to Joarez, for the Pufposs OF
coming here to urge the Mexican Treaty, anc To-
tmsted With fnl powers, bas reconslderod and
abandoned that intention.
THE ENGLISH NICARAGUA TREATY.
The Treaty which Mr.. Wgte, the Bdtisb Minis
fer has neQotiated with Nicaragua, referred 80 in
the Baltics news, abrcgaung the Mosquito Pro-
tectorste, AID apprOpristing the reservation and
.ppuit for the Indians is in exact conformity with
Ire understanding here for the settlement OF the
Central American question, snd forms the last Ink
in the chain of arrangement Honduras aud Guate-
pala having already given in their adhesion. the
rumor Of Dimity having opposed this Treaty is ab-
surd or its face.
EXECUTIVE SESSION.
After dispOsing of tie morning business, the
Senate went into Executive SessiOn upon the Mexi-
can Treaty, and consumed two hours in discussion
Mr. Msson opened, saying he had brought himself
with some reluctance % approve tn project, be-
cause il seemed at first blush TO favor departure
from the settled policy of the Government, viii "a
he would never consent to sanction. But in view
of the state of anarchy whi,h existed in Mexico,
he was willing to make the experiment. In regard
to the objection urged against Jusrez Of not repre-
sentiDg the regular Government he supposed
he was as much entitled to that recognition
as the other faction, and though now exercising
authority over small district of country, he be-
Ieyed though unable to give any positive assurance
70 the Senate. that the ratification, with the aid
which we would render, would establish the Liberal
cause in power.
Mr.. Wiefsll followed in able and effective speech,
denouncing the whole scheme as utterly un worthy
of couutenance or liberation. There was no Gov
eminent in Mexico capable of making treaty, or
Of carrying out its stiPulatioDs ii made. We did
not want Mexico or her mongrel population. Juarez
and his Indian crew cOula not govern them elves,
snd If brought into contact with our people, would
csnianiuaie them.
Mr.. Pugh objected to some Of the commercial
provisions as avorng certain interests over others,
but was willing to take the treaty if amended in
these particulars.
Mr.. S;mons closed the discussion in one of his
strong and conclusive practical arguments exposing
the sophistries of the alleged commercial ad-
vantsees New. England bad no interest immediate
or remote in this treaty, but exactly tNe reverse
1t substantially proposed reciprocal free trade with
Mexico which would require US, uuder the clause
inserted in every commercial treaty for the last AZ
years OF admitting each nation to an equal footing
with that of the most favored to claim similar priv
Ieges, and would result IN destroying our revenue
and cOmpe ling resort to direct taxation.
This point and others equally forcible, produced
much impression.
Nr. Hammond obtained the floor, aud would
have proceeded, but for the announcement OF Mr..
Spink's dtsth.
The subject is postponed till THURSDAY, Mr.. Sew
ard having the floor for tomorrow. The treaty is
as dead as Julius Cesar. The Developments Of To-
day viii probably bring several Democratic opPo-
nsnts into line, who yielded to the persuasions Of
the President, and were prepared to conquer preu-
dices. Messrs. Hammond Chestnut Andrew John
sOn, and others, may be counted adversely.