The daily exchange. [volume] (Baltimore, Md.) 1858-1861, 1861-09-12
Practical Recognition.
Pence Cnnvenfinn-
From the Ksric1n Er'rG0rfindry.
ENICIpS INENIH RI L, ENI

MEAlCOS lNEN TABLE END.
We have had, in the last three years. A most
striking illustration Of the prOhigacy Of the admin
strators of the revenues aud the properties of this
nation, in the manner in which the vast treasured
riches of the Mexican church have been scattered
to the winds. This colossal weath-estimated at
from Sl69 ,375 900 to four times that amOunt-that
was conhscated but two years ago, NAV be said to
be already gone, and no one in the present can, as
no one IN the future will, be able to say where.
The pillage has been 50 rapid and complete that
the best advised in the government cannot saw
how much the nation has been despoied Of We
know 1t has nearly all gone, and the government,
again LETT to its resources, is poor in expe-
dients and feeble in strength that it is forced to
adopt that most primitive mode of collecting reve-
nue. by wrestling resources from the wealthy who
live within its Immediate reach. The government,
Furthermore, has recently been compelled to sus-
pend payments to all classes of creditors in order
to devote Its entire resources and energies to
smOtherlnG fraction of the disorders Of the couu-
try; and should its most ambitious aims be attained,
the prospects of the nation must still remain to
great degree highted by the elements of self-de-
struction which are contained in the government
| itself We would gladly cling to a single ray Of
hope If we could it, for the future OF this c0un-
try, but the lesson Of the past is too instructive:
the inability of Mexico to much longer survive in
dependent by herself is demonstrated as clear as
any problem ever has been.
country that has been so muuificent in days OF
alluencP, that has contributed SO much to the
support of other countries, comparatively rich
| that at one time was the greatest object of the
|
and which has scattered through the world
upwards Of three thousand millions Of hard dollars
aHd Is still possessed of untold mineral and agricu-
| tura wealth-cauuot b. allowed forever to pursue
| a course to anarchy aud ruin That 1t has reached
the point Il has, ui1Heatondty hg2 bssn attributable
to the reluctance ot European lo,rers to ris& COLI
sion urh the colossus Of the North the question of
| The Monroe doctrine. The recent change in TIE
position Of the Northern colossus. as regards other
portions Of America, rc, doubt, qiUe ne3r life to
| long alUmbertug desires. Spain has already taken
| advantage of the American troubles to seize one of
her lost colonies, and If reflect upon the manner
in which Dominica has been restored, aud consider
! the number of SpanlaTds in the clergy service in
| Mexico, the reception given to MiramOn, although
| a branded fcon, by the Emperor Napoleon, through
| the management Of General Amontp it is not
| difficult to that the game of Dominica may be
very re enacted in Mexico if there be not great
vigilance.
The land richer than any other in mineral
wealth. situated in the very centre OF the com
merce of the world; and forming the natural high
way for the greater portion of the traffic between
| the East and West, cannot remain long invit-
| ing prey. Spain, no doubt has her eyes upon
| this her once richest colony. la times past France
made the attempt to get permanent foOthod
here, and only prevented by the timely inter-
ference OF England, and it can scarcely be ques-
toned but she might now be easily induced to Sc
cure the power, extension of trade and the COM
manding position that Mexico would give her.
Were it not that EOgIand has already more colonies
| than she wants, we might expect that country
the vast claims her subjects have upon it, and in
consequence of the many outrages her subjects
resident in the country have suffered No country
has suffered at the hands of Mexico than Eng
| land, and this suilerance really has amounted to
neglect and injustice to her subjects.
While France, for the informal execution of two
of her subjects taken with arms in their hands,
and for the recovery OF some five hundred thousand
| dollars due by Mexico to Frenchmen, seized San
Iuan de UIna, England with a list of diplomatic
demands for redress from Mexico for the murder
of twenty-three peaceabe and industrious English
men, and pecuniary demands ascending to upwards
of eight millions of dollars, has never so much as
struck single blow at the pride of this country.
In her reluctance to humble Mexico she has sub
mitted to abuses that in some cases have worked
wrongs to Mexico herself, but these have been
insignificant when compared to the injustice to her
own people. The truth is, England wishes the inde-
pendence and prosperity of Mexico, and it would
seem that in her present hour of trouble and a1c-
tion, she is the only country on the globe that
Mexico can turn to for succor and support, an
the one from which she should receive these as real
charities.
| the present year pregnant with great
events for the American continent. The arming of
half million or more of people, hitherto only ac-
lquainted with the arts of peace can but result in
stupendous changes of which it is useless Tor us to
predict more than the critical position OF Mexco.-
Her internal broils have made her bankrupt, from
which position she cannot hope to escape oy her-
self, whilst in her natural elements Tor making
great, rich and Poweriui naI4n no It uJGnsy - ner
eoual and whilst laying the facts winch we nave
here collected together before our readers In Eng
land and other countries, we would at the same
time urge patriotic Mexicans to view dspassionate
10 their own position and prepare to make profit
ont of the American storm that must soon make
itself felt here.
Secession FLAG IN CANADA.-The Quebec Chroni-
Gle says The flag of the Confederate States of
America seems quite a favorite in this port
| Yesterday afternoon it seen floating from q
sail-boat off the mouth of the river st. Charles.
The emblem of the new Confederacy waved from
the foremast of the craft the meteor flag occupying
its proper place at the peak.
1t is said that the Secretary OF War, at the COM
mencement OF the battle of Bull Run, implored a
certain Pennsylvans regiment 10 ''strike for their
homes, and they did so at the rate OF ten miles az
hour.