, 1864-05-19
FROM PARIS,
EFFECT OF THE MFXICAN REs0-
LUTON.
Operations of the Mexican Loan-FI-
unncIal Prospects of the New FIN.
TIrc-Thc Danish Conference.


errment, upon what was termed, in the En-
peror'a letter, tha "happy solution Of Mexi-
can a1airs, - were considerably injured at first
by the intalligence lately received from
Washington. The declaration made by the
House of Representatives against the estab-
lishmcnt of monarchy In Mexico, fell like
bucket OF cold water, or wet blanket, upon
the shoulders Of certain red. hot fmpcrialists,
heated TO fever heat with en!hua,as1n at the
eocal1ed successful issue OF scheme which
has ever been steadily repudiated by thepub-
lie opinion Of tl1s country. Nay, the iutel1-
gence In question, coupled with the language
Of tie American press on the subject, had
well nigh proved fatal to the success Of the
Mexican loan, rs fur as tile Paris subscription
was concerned, and It required al the influence
aIdersn pressure Of 80 powerful m associa-
tionas the Credit ii Mobilier, to induce the timid
world to come forward rs desired. French
capitalists, both great aud small, are proven
bfally the most ti1norous In ths world
made point OF being amongst them gool
deal last week while tue loan was open, ana
found that much Doubt ard Hesitation ex-
listed. Many OF them, indeed, confessed t.
xc that tley already saw the civil conflict
row raging in the New World brought to
successful conclusion, and the mighty armies
breaking like o 'rssistless torrent over the
new empire, and sweeping away both it and
its institutions from the American soil. The
picture was colored doubtless BIZ the fesrs
nnd in,agipatlons Of. the parties; but still
they felt that it ie one which may at no dis
t8nt day be realiZsd- !!
The imperialst press, the lance, the PIVs.
and eimllnr organE, published long articles to
prove that tho declaration iu question Is Of
little Importance" that it is only a "cor-
cession to republican susceptibility" that
the "vete Of tho Congress is not an act of
The Government &c. But all this would
have done but little to remove apprehension
and iml art courage to the financial world had
not the udings reached us of'what has since
taken plaee In the Senate. The M,niteur Of
this morning announces consplcuonsly, and
with evident satisfaction, that "tha Senate
Of the United States, conlornahly to the de
sire Of the Government, has adjourned in
definitely tie examination Of tho resolution
taken BY the Chamber of. representatives
With regard to Mexico" One can discern
caa1ly Ia official circles how great is tha re-
lief afforded by this announcement.
The public assembled In considerable num-
bers last week before the offices Of tie Credit
Mobilier In the Place Vtudomc, to subscribe
the loan, md the result Las, no doubt, been
successful. The operation was also aided by
the douraehing report received at the annual
meeting Of the society, BY which it appears
that the dividend of the Credit Moblier on
the year is at the rate Of Is per cent, and that
| It i authorized BY tbs Government to issue
bonds to the amount Of sixty mllltons. a
Of tie report aud this announcement I b ID
only time to mention on Friday last the total
suppression of the English and American
Shakespeare Festival. The circumstances
which led to tl.at result were as follows:
At first 1t WAS Intended only to have in
4 ifA1 IA act STAIN nbAa 4F
! literary freedmen. But portion of the
French public having expressed a wish to
| join in IN international celebration, they
were Of course Immediately welcomed. Ole
Ct. tie conditions, however, which they
wishcd to enforce was that the health OF the
Emperor sheuid not be drunk, breach oi
courtesy Of which English and American
residents In Il foreign land could not b. guilty
to please any party. A separation therefore
took place and tie French began to arrange
q celebration Of their OVID. But it soon be
came apparent that they intended to mike
Ennize demonstration against the Govern
ment. They invited Yictor Hugo to take
the chair, and, in the event OF his not cnm-
Ing, his seat At the head of the table WAS to
remain vacant, with banner waving above
IT., Upon this the police interfered and pro-
libited the meeting. 1t was then intimated
bJ the authorities very politely to the Eng
lith and Americans that there was no desire
to stop their proceedings; onlr, tsthc chair
man or committee must give guaranty tAat
no French political characters should be
present At the ce1ebrationl" THIS, of course,
vide agaiRst; and 50 the whole thing was
| given mp. The French Government was
| afraid tlat Its opponents Woull have attend
! ed Ia large numbers and made stdemouatra.
tion" hen the health Of the Emperor 1as
| proposed.
PAH1s, Friday, April 18th, 1874.
The Success Of the subscription to the
Mexican loan in Paris, appears to be much
| more problematicsl than was at first sup
I potea. No authoritative announcement, as g
usually the case, has yet been made respect
| Ing the amount subscribed; nor has word
leen said us to ths pretended reductions al
legged to be necessary in the individual sub
eeri tionR. On the contrary 1 AM just aform-
| cd TINT it hes been Eotifed to several large
spectators that the whole OF their demand
would be assigned to them, and that the in-
formation has created surprise. and in some
cases even perple9ity. Tbs parties have got
more Mexican scrip tbxn they either expected
or wished for, and many of them, I believe,
would already not be sorry to be rid of their
bargains. The commission brokers in Paris,
when applied to for advice by their
country customers, almost invariably
cis6uade item from investing In the loan;
oflen compiling their advice with the
might proa b5ly find the opportunity month
or so hcnce, at diniLn lou Of fifteen or
twenty per cent The engagement taken by
the Aexic. n Government 10 pay Franco year
". TWENTY-FIVE millions Of tfuncs font of a
revenue which III. Tlfes asserted recently in
the Ctauber,,o have never vet exceejed INV
miIlioue,1 is openly laughed at as prenosteT-
mn, and iu,roseihfe as = FL AZ the nh1i1nftnne
imnteed ia ray the interest nj fhc mi. Of 2
net cent on ihc ectire DEBT or one hundred
and eerenf& u,tllfons In fncf tbc financial
nrosnrrfe of the new Emncror mr. rrrorSed
as a1,ythirr but eouriEhIng. hare afrraI1y.
thinE. inftma,ed 10 you That the nriyate liz
hilh les &c the new soycrcIcu are estimated at
Something likc thirteen millions. onl that
fEe nrrse5re Of this rereonxI debt unon him.
was one Of the chief reasons which Induced
him 10 abandon Europe, and seek bis fortune
An America. The positions therefore OF tic
countty and it's rulers arc pretty nearly upon
4 par. and neither or them very fnr removed
from state Of bankruptcy.
You will learn by the London Time. that
the Conference for the settlement Of the
Gnrmnn and Danish onps:.on has Mt 1a.t MET
Rnt a1thonah ali the members of It Tcrc
Trcsent fheir rrncecl1Dre nnnear tn Gayn
bbasn .on,n hronwht ~ an nhri,nt etand stilt
Erancr ma EnrIsud harinp patched mn Their
r.-iha1dean nna msnv other noints oi fii4a-
,-aarnnnt orrrnnscd Il seems an nrm1sfIcr
F. ~. E.s+ s,t{nn: r., .7e taken In tho m ,ffer
- - han5 t' p,,t n1thorpt. Prussia and Austria
-o,1st h.va hcen made awa1,a that the promo
pared their representatives 15 ior 1t, they had,
| nhttrod - refer to their Te6DectlTe Govern.