The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1863-09-23
HERALD WEDNESDAY

SEPTEMBER 70, 1865
after the breaking up. the flight and dispersion
of the army Of Johnston from Mississippi, and
the demoralizlng retreat Of the army Of
Bragg from Tuiiahoma and Shelbyville Nor
could any man at the head of the Navy Depart
ment, except superannuated old granny, re-
peat at the Sabine Pass the same blunder which
was committed at the same place only some
twelve or eighteen months ago. While Stanton
continues the Marplot Of the army, and Welles
the sold man Of the sea- astride the shoulders
Of the navy, we may expect still to be sur
prised and shocked with needless adventures
and misfortunes On the land and the water.
On the other hand with q capable, saeacious
and experienced soldier at the head Of the War
Office. and with an accomplished, energetic.
tried and trusty naval commander at the head
Of the Navy Department, the public displeasure
which now falls upon the head of President
Lincoln In consequence of the plumbers and
failures Of the war, would be speedily changed
Into universal recognition Of his great abilities
and wonderful successes
to President Lincoln but tho reforms in his
policy and In bis Cabinet we have indicated, or
the transmission Of this war to his successor in
ofice-a legacy more deplorablc than that of
Buchanan.
Napoleon's Position a. Regards Mexico
It's Perplexities.
II is now made clear, by the indiscreet reve-
lations Of the Paris journals, that the Emperor
Of the French will be most sadly bothered in
case Prince Macmillan does not accept the
throne of Mexico. We shall make this easily
understood when we state that the semi official
organs of the imperial government announce
that the Mexican loan, now in negotiation
with capitalists in England and France, will be
used to pay the debts due by Mexico to foreign
Powers, and that France will take out of the sew
en- hundred millions-the amount of the loan
two hundred millions to reimburse to herself
the expenses Of the expedition now on this CONT
nent 1t is added that France will guarantee
the loan upon the Sonora mines-that is, she
will keep possession Of the Mexican mines and
give up to Macmillan the country. the control
OF which would necessitate more troops than
France could keep there.
It is evident that once the loan is raised,
France will indemnify herself and retire from
an enterprise which has placed her in most
pcrplexing dilemma. IT, however, must be
understood that the success Of the contem-
plated loan entirely depends upon the &C
ccptance by Prince Macmillan of Tic
Mexican throne and The consequent support
Of Austria. 1t has confidently been relied upon
b. tie Emperor Napoleon that England would
join in the support Of the Macmillan scheme
because she would receive out of the loan
which might then be raised the amounts dae
English holders Of Mexican bonds at tho
present time deemed worthless. But here
again occurs slight difficulty. The canal Of
Suez is fast approaching completion, and If it
should be held, as it is probable it will be, by
France, England's commercial prestige will
suffer immensely thereby. So a GOODNESS is
arising once more about this affair between the
Cabinets Of st. James and the Tulerics and
the prospects of Englands aiding in the Next
can scheme grow less.
This is not the only source Of fear and dis
comfort which the Emperor Napoleon has upon
this tormenting question He finds Austria
sneularly cool about the acceptance of the
Mexican throne. Whereas she was quite eager
that prince of the family Of Hapsburg should
assume this proffered honor, she now coques
with the imper rial bauble and seems but little
All xious for its possession. All this proceeds
from the fact that Austria 10 upon the point Of
attaining the summit Of her ambition in be-
coming the leader of the Germanic Con.
federation. Her power and influence would
then be immense. and she might with
reason rival the nation which so gently hum
b.cd her into the dust. She must naturally
prefer such q result to helping her former foe
on. of a most unpleasant dilemma, and We
should not be surprised at any moment to bear
that all negotiations "a regards Prince Maxi
milian's acceptance of the throne OF Mexico
are ended by Hat refusal on his part 10 accept
any such equvocal position.
Napoleon would then be in a most smbarrass-
ing strait, as he is well aware that without
tie aid Of England and Austria he cannot raise
the desired loan, and that his wasted cxchequer
will furnish no more treasure towards dcfraying
the enormous expenses of the Mexican expedi-
tion.
As an instance Of the increasing GOODNESS Of
Austria toward Napoleon may be mentioned the
fact that Prince Metiernich. the Austrian am
bas-ador at Paris. has been sharply rcprimanded
by tho Vienna Cabinet for having mised the En-
pcror Of the French by promises of avery cordial
cooperation on the part Of the Austrian govern
meni in the Mexican scheme. That this fact
should have been allowed TO become public il.
to say the least Of il, most significant. Should
Austria find that the influence Of Prussia is likely
to retard or defeat her ambitious designs for the
attainment Of the position Of leader Of the Ger
man States, she may then lend Napoleon
her influence in regard TO Mcxico but
this she will not do until she loses hope of the