The New York herald., 1864-05-25


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Imperial Defence or the French Expe-
dsston I'm the Leg xlm al
tan's Prospects, Plans ana Financcs--
The New Loan and Chances uf the
BOndnoiders, dc.
In the Legislative Assembly Of France on the Ith OF
May, Berryer attacked tho foreign policy OF Napoleon
generally and in particular tbe Mexican expedition Al
BERGYER, speaking the proposed budget said
The second resource proposed to Is the Mexican In
dcmnity, 1xod by the convention ut two hundred and
millions loan has been CONTRACTED by means or crsa
ton OF rense decided on by decree dated Miramar
ihere are TWO sections Of renie; one Of twelve millions
Tor the wants OF tue new government and other OF
$500 O00r on account Of the indemnify due TO France
and the negotasors Of the han announced to public
that they were going to issue IS, 600 OOOr OF rente
nave rs,,s 70 my 1 hand prGsnscsus, and read there
mean2 Has England borrowed~as well as France9 II
looks as both natons would guarantee tho loan np TO
certain point The loan is represented producing in
three francs and it to be reimbursed eighty There
Is 70 be anancsfommttee composed Of an English.
parsonage OF great de Germiny seua-
Tor, formerly Governor OF the Bank. now ask the in
tiated9 II is important for to know. n am veIl
9msa' IS n% ys ns9oiasa for e ichoIs eehten
Then,. again, what IS become Of the rente in.
tended for us9 The firm Of Messrs Gyn,
tate the whole eighteen millions In the secret com
mittee demanded to know the terms, and led to
them. He cannot do so at the present day, for il am
rightly informed the firm Of Gyn. to whom the rente
was offered a. sixty with the prospect Of negotiating at
sixty three, both in Paris and london, has thought III to
decline The bargain. What Wil be tie result That zoe
shah hare % Keep these Aercan rene IN portfolios 10
b. negotiated hereafter So 1t was with the Italian rente
for seventy FIVE which got after tho treaty lurch
and by which We lost II 500 900 francs, fifteen six
teen per cent And fear that shall lose still more in
the Mexican is true indeed that the very report
Of M O'Quin does not share these apprchcasions
Aranjuez, formerly hcxican Finance Minister. 10
| the Emperor Macmillan. The report explains
three things--the state Of the OF Mexico
which amoGnt - from tty millions ffty-ye millions
Of francs theamount OF the home debt and that Of
foreign one. Adding to what due to Franco, NJ Aran
juez concludes that loan OF seven hundred and atty
millions is Indispensable and ths at least years viii
be necessary for the government to complete all the
essentially necessary arrangements with regard taxes
and other matters. The loan has only Tor one
hundred and twenty millions, that not gee how all
the hopes conceived by our colleagues can be
realized. According to the engagements contracted by
oouyan.snt Meaico haze 10 pay sum OF one kunyed
and tace1ytre millions ou Of The nof hundred and
my duty to thus SET aside illusions which won cause
chimeras 10 be accepted for realities There will
therefore be mpossbity causing an equilburn in
our budget by what is to come from Mexico.
NJ RoUaIR, Minister OF Finance, said in reply have
to treat OF tho different subjects which have been brought
forward unexpectedly. shall discuss each OF them with
great simplicity for, II mistake net, that Is The bsss
means Of arriving at the ciearness necessary such
discussion. now come to II. Berryers
the Mexican question: question which has given
this Chamber TO many gloomy approhensions In the
San Luis de Potos folly as the Mexican army un-
dor Juarez Uragua Dobado and Ortega would defeat our
N. raEss-No said that tznterruptionl
NJ RouHERK NJ Theirs will refer TO N. JnTcs Favrs's
speech he win see what apprehonsions are therein
NJ J. FAvRB-l doubted he success Of our tyeopa
(Soise)
NJ RouHrR- Our expedition was represented ms march
Ing against the wishes Of the Mexican populations.
vorcE-H sods said cith justice
IN NJ Rouar.Ewas wa jsaiss i, Dare any one cay thar
trumpha march over four hundred leagues
Of territory, and DE accamations soAicA saiusd
and history lost the wifully blind Hear hesr)
Tho much blamed expedition to san Luis do potosi
Sy TS.rs when that these gloomy
were Of . nature 70 alarm the Archduke Max mi.
which was represented to him Is attended with enor.
riskY The Archduke, however, psrsised 10 nov
on the Atlantic and WIZ shortly assume the crown Of
greater confidence in this bold and distant enterprise
than TO utter within these walls unavorable predictions
which might have destroyed the sovereigns conoece in
his work aud the credit necessary Tor It's execution ear
hear) In England such fanlt would not have been
committed. ,Movement) And when the blood aad honor
Of France are engaged In distant regions, think Il 10
more patriotic 70 await events with confidence than deal
est rssoluton. tApplausc But At last the question
been put burdens Of the Mexican Budget
powsrisssness Of ali the elements q credit i1s us
oxamine them 10 our turn. The debt has been Axed
peuditure has exceeded that su Ths details
TO appreciate the cost Of the expedition givon ycste
he Gsurc Of a5o 900 600 ~ represents I ihs rsai
nsure Of the expenses. including the return Of
ths monetary crisis that has prevailed wss then
mate disquissude about : loan made in The name q :
sovereign who had not YET set foot IN the land V
grsss would ass recognise ths ssw Mexican sovss.
nsnt. IL was under such circumstances thaa
ths loan was launched there was notnng 10 ths.
prospectus calculated TO mslead bsguils Ten Was
that the firm or Gyn which had entered into engage
ment with the Archduko Maxmilian for Negotiating
twelve miiOnq Of aDplicd French
ment, and said:-You have received 10 Mexican values
Ssvs say9 moo q
that largo amount Of titles embarrasses the pepotation1
Sr Ss 70 Ss % S = % S
Our government consented the Ioso Was not, 6deedl
wanted, leaving three for ultsrior nsgotiasi o. BuQ
M there ,snyss.s in D,oa1 sh . % cause sur riser
cdpitoss advancing nina millions 10 sovereign not "
IN possrsionso eocvw@ ros y organi.ed. rhem ters
There e no doubt ihss whom the Emperor Masmiiiss
shall advance from Vera Cruz Mexico amidst The en-,
tnusiastic lamentations Of the people
NJ JUIss FAvaR.-fn hat coss recsil ycw army
NJ RouHER-I say that there Y no douot that Mexea8
81 % 'ss: justify 4. po0S: s Ss
%cn nsss When .SS nav. :a s sS
Of tho charges and resources Of Mexico. N.
had enc hundred and millions pay 10 Franco
and England, and ne has asked how That country oaA
lions OF loan hut stcung 70 him made ths simple
reccticn you deduct from the loan the sums that ard
due 10 No. these will be paid into treasury anI
then DO not understand how Jou arrive At deficit ioS
Inc budget at the moment when you make pay (Tru
trus)
two hundred and seventy.
N. RoumR--Ihs two hundred and seventy millions Al
70 be paid BY instnments at fixed periods M Bcrry6
hes alluded 70 report Of n. Aranjuez which was puD
lshed IN the London poa, certainty without tM
authorization Of the Emperor Macmillan. n
treats Of an enormous loan, the reason " that
N. Aranjuex, N project which not a.
oeptsd BY the Emperor Maximian, proposed q
reswtur~ al ns phoie Of Ms public det Of kexsca
both hone fsor, and q ovscmise in Sc~ora ne coy4
ing Of ne nina by ~ State, under s pvctect AZ -
armed fsrca have IN my hand another report, q
osived from n Aranuez this meruing IN which, Will
proposing loan lsss oonsldsvaSle Than his Grst