The Pacific commercial advertiser. [volume] (Honolulu, Hawaiian Islands) 1856-1888, 1863-10-08
PACIFIC
Commercial Advertiser.
CTOBE 8.

disturbed. anu C15 DTUeDeCts l IL EcDcls INeEc-
BY improved. Nothing. however, had trans
PRED up to the latest dates that could in any
way be taken as strengthening this view, that
France purposes making any interference in their
behalf.
Whatever may have bsen the leading motives
Of Napoleon. in opening the Mexican war, the
. powers that united with him in the treaty
England and Spain-bOth withdrew from the
war when thew saw that the object for which
they had Joined in the treaty, that of compel
ling Mexico to pay her debts to their subjects,
WAS IN become secondary, and that the primary
object was TO establish an Empire or Province.
Had not the United StItes been involved in
domestic war, it could never have permitted
France 10 have gone Sd far as she has without
a protest and perhaps joining with Mexico, and
sustaining her as an independent government.
At present, however, the United States Govern
ment will probably not interfere, even should
France persist in sending over Macmillan as a
Mexican sovereign. The views OF the American
Government are embodied in the following ex-
tract from an article in the Washington Republic,
which. although it has teen denied as having
been officially uttered, il still understood as re-
presenting the government views:
The Vaccinations Of Napoleon Il. Mexico deserve attention
Intel ~ S Soaus Can rss.are the Mean nation to its place as a
rep .bHc, Ehen-yer the attempt sbEi he made and indeed. it
SSi'5 tI. .m-r5c.n rerpi. nor .,Ilrrs entertain hostile srn,i-
1-.ts ,,Tarj Nap IroI or the F-ench. His policy i'm Nrxic,
IS distastsuI to Us We understand full we'll however, that il
we restore the Union We shall b. Equal TO the task of interfrr-
ing successfully in HeSieo; ~he'hsr by diplomacy or arns. If
supreme in Mexico.
The same paper has sJme remarks referring
To the discussion in Parliament regarding the
privateers sent out from England, which, from
its semi-oficial character, we copy. Referring
to Cubden, it says:
He is reported as having sail that American shipping has
ih= Confederate cruisers, and that the American Government
take note Of the name and value ( every vessel Captured and
debts it to the British Government. If this latter remark is
not literally true. the time will cme when the record and evil
denc- of all th-se outragrs will be made up aid the British
Government required to make fuil compensation Ii is not only
true that the vessels III built in English yards and armed with
ing ih guns and munitions, out they are actually manned by
British subjects. The criminal negligence OF the British minis
try can had in the end to but one result American commerce
vea and the ravagrs # the British pirates under the ConfsJ-
crate Gag shall not be arrested, cur commerce will have disap-
peared. There will then be NJ restraint upon the Commercial
class. II there shall be a slight occasion fer hostiIties, the two
nations ar likely to be involved in war. What then will hap
PEN Our steam marine will be at once converted into priva
the ocean. Thus does the criminal neglect Of the Queens alvi-
War is not desirable. even with England but war is not the
sr5ase5s o. WI. a nai,on % spill t.nl"t uoh'a 20 injustice,
effort to avenge its wrongs The course 81 England during the
American Il the loyal states, whatever his opinions upon the
Administration or the conduct Of the war These are siguid-
cant facts, and indicate what the future has in store for US
Although this is strong language, and ex-
presses the opinion of the mass of the American
people,, yet it is undoubtedly true that every
effort would be made to avert open rupture with
either France OF England. So far as Mexico is
concerned. it Is possible that the provisional
government established there by the French,
may offer TO form some alliance with the rebel
Confederacy, on its last legs though it now be;
and in that way France may become committed
to an alliance with the rebels. Even this view is
somewhat improbable. and could hardly be
credited at all. were is not that it had been
openly discussed by the Southern journals as
likely to occur. But Napoleon is a man of too
much sagacity and good Judgment to become
involved in any such scheme, which might end
with war in Europe and cost him his crown.
His plans in regard to Mexico are not yet devel-
oped, but whatever scheme they may eliminate
in, it is doubtful whether he will allow himself
to he drawn into any alliance with the confed-
crates.
For these reasons we think there is little or
no probability of trouble between the United
States and France or England. The recent great
victories acquired by the former over her rebel
linus States, fbreshadowing a termination of the
war. has had the effect TO change public opin-
ion in Europe. in favor of the American Gov
eminent. 1t is a doctrine too universally up
held in Europe for us here to stop to discuss its
legitimacy, that might makes right" The
very indications of the American Governments
ability TO conquer its rebel sections, and restore
peace, are sufficient evidence to European minds
that such victory and such peace will surely
follow. Kings and their Ministers are generally
in advance of The people in discerning the DRIFT
of NATIONAL affairs. If, chen. Napoleon exercises
his usual sagacity. there will be no rupture
between him nor between Mexico and the United
States, at least for the present.
S1me have thought that the recent rise in
gold in New York was caused by new complica-
tiuns with France. not yet made public. We
d. not coincide with such. The sudden fall of
gold 10 % and "a per cent. premium, was I'M
d~OubIedly caused by the great victories in July,
already alluded To. which sent a thrill of joy
through the Country, and created the belief
with some that the war was about ended. The
sudden fall Of gold wis therefore not a legiti-
mate one. The premium on gold at the East
Is caused solely by an Excess Of paper currency.
The government has besn withdrawing a portion
Of this paper and funsing it, but still a large
amount must be kept lfoat To meet It's wants
and it is probable this during the continuance
o. the war, gold will command a premium of
about 80 to SO per ct4,t. If from impulsive or
sudden Causes, it fIll< below that average. it
VIII return again 10 sbOut those rates. and if