The New York herald., 1864-07-17


We published day o. two ego an interest
lag lsttsr IRON our osrrsspsadsat n Msxies,
setting forth In the clearest msnnsr The fAet
that Macmillan holds sway over but small
portion Of the republic OF Mexico; also that
the financial condition Of the new impe-
rial government is deplorable; and, lastly,
that tho reports as to the adhesion OF
several prominent Mexican generals to the
new ruler are false. This morning We publish
second letter from the same intelligent party,
communicating number. Of additional facts
confrmatory Of his previous statements. From
all these 1t Is evident that the constitutional
authorities Of Mexico have under their juris-
diction . much greater extent Of country than
Macmillan can control, and that the people
are organizing for serious defence against the
intruder, even In those regions which are gar
risoned by the French.
General Uraga, who 1t was asserted by the
agents Of Maximilian had joined the cause OF
the new empire, Is, on the contrary, active in
his efforts to arouse the people of Mexico to
determined resistance against the subversion
Of their government. He presided over war
meeting at which resolutions tending to that
effect were unanimously adopted. We publish
the proceedings of this meeting in another part
Of this journal, and would call attention to the
document in question as OF great importance,
contradicting, as it does most emphatically,
those Franco Mexican journals which ad-
vocate the capse OF Macmillan, and en-.
deavor by the dissemination Of these false
reports to benefit his government Promi-
nent among these journals is the French organ
published in this city. II takes great pains to
contradict the statements Of our correspondent;
but, unfortunately for it, such documents as
those we publish to-day prove that his assertions
are quite correct The French journal published
here has in the suite OF Macmillan an editor
who receives from the French government
salary TO write up the new empire, while at The
came time he is an honorary member Of the
Imperial Council of Mexico. From these facts
il may readily be deduced that the editor in
question will praise, q,iand meme, tho actions OF
the new Emperor; that he will to the extent OF
his ability and the limited influence of his
journal, published here sustain the imperial
regime in Mexico, and that, as natural result
bis reports must be accepted with due rescrva-
tion. That the public in this country might be
well informed as regards the proceedings Of the
new Mexican empire, we have despatched to its
capital reliable and intelligent correspondent
whose truthful reports The Franco-Mexicon
journals will yainly endeavor to contradict or
subvert.
There can be no doubt that Macmillan and
his imperial backer, Napoleon, have q most
difficult task before them ere they can
accomplish the entire subjugation of
Mexico. The people are far from des-
pairing Of their ability to resist the invaders,
and under the command of determined generals
will still give the French great trouble. Having
as yet so smalla portion OF the country under
their control, the French cannot carry out
Napolcon's pet scheme of working the rich
gold and silver mines; so that millions OF
francs must be borrowed vet to keep the new
Mexican empire afoat; and we are aware that
getting loans for Macmillan in Europe has
proved q failure. But suppose all these
difficulties overcome, the whole country re-
duced to submission, and the long coveted
mines reached, the two imperial flibusteIs
would still have their most serious. most
dreaded danger to encounter--the opposition
OF this government. We shall soon see the
rebellion ended and peace restored. and then
of course our first move will be the vindication
OF the Monroe doctrine We shall at once order
off this continent all intruders, and both
French and Austrian will have to pack mp and
retire. We can brook no monarchies at the
threshold OF our great republic, and shall
have million OF men and five hundred vessels
of-war to carry out our intentions in this
matter Taking all these things into con-
sideration, we conclude, spite OF the falsehoods
Of the Franco-Mexican journals, that uneasy
will lie the head that wears the Mexican crown
SPEcrIATroNs IN PRINTING PAPER Provisions.
&c, AID THE national BASKs.-The publish
ers OF newspapers have been obliged for q
long time to pay enormous prices for printing
paper, and various substitutes have been intro
duced to supply the place OF its chief original
material-rags-in order TO reduce the cost OF
manufacture. Straw. various grasses, the bark
Of trees, and, lastly, corn husks, or shucks have
been introduced TO meet the deficiency in the
supply Of rags. But with all these substitutes
the prices continue TO advance; and now no
better cause than speculation by the manufac-
tnrers and others can be assigned as the reason.
How is it that these printing paper spectators
obtain accommodations TO enable them to
speculate SO extensively In the article. An
answer is found in the course pursued by the
new national banks in furnishing loans to these
spectators. Ever since the organization Of
these national banks they have been aiding the
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