New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1861-12-19

Jects OF the ATTRACTED from the conduca the La
snna seca well az the $4,000 forcbly taken from he
brish Legation in the month Of November last shall be re-
s 20 he lawfo owners thsref y sgnmen. made for
,ha' purpose by The Mexican Government corepondngto
10 per cent Of the mport duties bee tsen OF that po
non !" e adS.ion.i dug' commonly known under the
noLlli atlon 81 "9eJoJdf Nof,r1les"
=, Ar. The I.ie Of interest d.e fom the time when
the money vas sen 70 be paid both from the
fond hl be a. follow namely per cent per AMMAN
on tne roo ana y per cent the remainder Of
from the conduc'a Al tho Lsstna SEGA
AhT s. An tTeah'5 conventions, ssreements heretofore
concluded between the two high CONTRACTING pes sbs ra
nu binding their tois,y both parties in al aectinp
British and Mexican Interest aud the Supreme DEGREES Of the
9Th Of October, 1890 aud 23d OF Jenuliy 49, do M es
in foil force aud Ngor in ell that concerns the London
bondholders.
| holders and the Conye don bordhoders were in
the haods Of the custom'Hoose authorities at the
time all suspended by the law OF
the 7h July last shall be paid 70 the thereof
reher wi h Der cent interest thereon If fund
set apr, for the Legation aud Lsguna SEGA Csim Whea
A. SSobirs contained IN his Convention shall 10 any
way interfere the stipuliionof agreements Con-
venions by which the ods imported In French vessels are
bung B h assgument uutil the French
Convention shA have been wholly pid Oh as well a. The
arrears due other claims arranged with Admiral Penaud
have al. been iquidaed when tbs quota belonging he
British Convention b0ndholers snail De augmented agreed
Arr The fish Consuar sgents snd SCENTS fbondhod
the different ports OF the Republic snail be entitled 20
the production of all Custom books and papers
have their clients interests end 20 call for
ships manifest, bills Of lsdng, and all other documents
which, for the above purpose they consider neceS
Every q of the duties incurred and Of the
liquidation Of the asgmsns due to the London 5ondhoders
and The Convention at each Of tne Custom Houses
shah be delivered to the British Consul resident the port
aud those places where there British Consul such
statements shall be given 70 the agents OF the respective
| Funds, provided there Dc any sneh Oh the spot
msnt Of the conditions conaiped the preceding ARTICLES
the assignments made to the Brhsh creditors shall
represented By certificates to be issued by the
Ministry Of 10 the regulations which hsl
be framed By said Ministry and no importer will De permitted
time paving aid ss,gnment which shall nAt be paid IN cssh
OF IN except in the sad certificates under the
in certificates and the other 10 cash which latter half shall be
given to the infor%er OF the i,and ou,,,,, .,
said certificates to the OF Doth classes Of pond
,be On haud both In TIN. city the por, enable the i'm
porer- to obtain them with the iscili'y required , ,
For greater security these Certificates must be signed oy the
of the Aforesaid bondboders well by the
aforesaid agents and after queaiion they snail be retted
directly 20 the Minister OF Finance for the purpose enabling
the due note thereof IN forming the &C.
| count currrn OF the respective debts.
ARr B. The assignments OF ~ per cent Of the duties al
uded in article for the purposes sboye specified shall
commence the date OF the signature OF this Convention;
and the to the Loudon bondhoders and
to Convection bondhoer secured to them by the article
AET O. II ia understood that the Mexican Government
shall be free from the responsibility OF debtor 70
in FAR concerns any such sums as sha nave oeen Po
10y them tire eud of each month to the agents OF the respect
i've bondhoder when liquidation Of the paid and
ryr du made out aud signed by the authorities of the
! Custom Houses aud agents at the ports; A.
AKr TO- In settling with the other foreign creditors Of the
Reprbnr the difficulties which tue law of the nth of July
t ha. given rise advantage shall besccorded to them with
Ee Z, o a. r. the control that they may have in
Houses which shall not by the se oe
aRr IL The present convention shall be ratified BY her
Britannia Msety and by the Congress OF the Mexican pno
H. and the aifcations shall be exchanged London
| as possible within the space Of six months. -,
sled the same and hereunto their respective
Done at Mexico this 2ls, day of November, 1861.
MANUEL MARIA De ZAMACoNA.
Mrreo Nov. D., 1861.
This convention was signed by the penipotentiares
on the aIst ult. On the next day the Congress held
a secret session for its consideration.
The Committee on Foreign Relations presented
report in which they set forth the objections to it,
scriatim.
They object to the first article that it recognizes
the intervention of the English Government in re-
gard to the debt contracted in London, which neither
in lis origin nor since has assumed any charac-
ter OF English nationality. They object also that
this article recognizes the responsibility Of the pres
emf Goyernmeutfor the debts contracted by the So
called Reactionists."
They consider the payment of interest provided
for in tue second article an act of justice.
4 To the third article they object that it legal.
ICES the raising by the Reactionary Government OF
the interest on the London bonds from to 6per cent,
and also that il recognizes a character Of nationality
in the London bonds.
To the ith article they object that it not only
repeals the law of the 18th of October but compels
the Mexican Government to pay an indemnity to
those against which that law was directed.
By the 9TH article they cay that the assignment Of
duties TO foreign creditors would amount to - per
cent permanently, with temporary addition OF Is
rer cent more, which might lie increased to 20 per
cent.
A statement of the 9TH article is considered to be
sufficient objection to it.
To the s,h article they object that the 10 per cent
of the duties assigned by it is additional to the IL or
70 per cent mentioned above and that ii Is to be PAID
from before the date Of the signature and not OF me
ratification of the Convention.
To the 10Th article they object that the English
version speaks of I" control" given to the Commits
sioners in the Custon-Houses, while the Spanish
version speaks only of" Inspection
In conclusion the Committee, while they give full
weight to the imminent danger of war in case the
Convention is not ratified still give it as their con-
yction that its terms, especially those allowing
foreign Intervention in the collection Of CUSTOMS are
absolutely incompatible with the honor and indie
pendence of the Republic.
The Committee therefore submitted resolusoS
that the Convention be not ratified, which, afers
lively discussion was adopted by vote Of 75'os2.
Upon this the Ministers of England and france
sent in their ultimate as follows:
THE FRENCH ULTIMATUM.
The immediate repeal Of the law Of July H. col :.
The appointment of Commissioners at Vera eIuL anc
Tampco. who shall be charged with securing W fss'