The New York herald., 1865-05-06


dent that the government can be supplied with
money almost without limit, 80 complete Is the
confidence in its solvency, and so abundant are
the financial means to meet all its requirements
The resources of this country are not half de-
veloped. AS the demands upon them increase,
SO do they yield out Of their abundance the
wherew.thal to supply these demands, and the
time is now coming when this fact viii be more
fully realized than ever before.
Mexico and Tsance--rhe Mexican Minis
ter and the Reported Cessi0ns of Terri
tory.
We publish In our columns to-day two or
three interesting documents relative to Mexico.
One is reply Of the Mexican Minister at WASH
ington to tho statements recently made by M.
Costa in the French Legislature. Another Is
translation of tbs. timely, patriotic and able
protest which SeHor Romero addressed to our
government on the 9th of February last, with
reference to the reported sale or hypothecation
by the ox-Archdukc Ferdinand Macmillan of
Austria of certain portions of the territory of
the republic of Mexico to Louis Napoleon,
Emperor of the French. This protest is natsl-
rally and properly addressed by the represen-
tative of Mexico to the United States, not only
rs IL ia the country to which he is accredited,
but because of the vital interest which the
United States and all of the republics on this
continent have in transaction 80 directly
affecting their security as Independent SOW
ercignties
If France has the right 70 come to this CONT
nent and partition out Mexico at her win, what
safeguard has any other Power against SINH
lar attempt at some convenient time when it
may please France or some European Power
to attack them? 1t is idle for Louis Napoleon
to assert that Macmillan is responsible sovc-
reign. AS the representative Of Mexico very
justly says, he Is for Mexico only the ag ept OF
the En-; eror Of tho French. He was carried 10
Mexico by French arms, and he is sustained
there to-day only by French power. No
specious arguments or assumptions can gloss
over this fact, which is patent to all the world,
and its bearings clearly understood. Conse-
quently any transaction between Macmillan
and Louis Napoleon is prcc sely Of the same
nature, and has no other, Of transaction be-
tween General Bazaine and Louis Napoleon 1t
can have no binding force whatever either in
law or in equity upon the Mexican nation. Its
provisions may be enforced so long as there are
French arms present to enforce them, but they
can be no longer For French arms to remain
in Mexico, however, to keep down the republic,
is for Louis Napoleon to assume that French
arms are to be stronger on this continent than
the will of the American people. There arc
not many who will agree with him in this opin-
ion after the verdict that has just been rendered
in the United States that republican institutions
shall live.
We regret, for the sake of those sanguine but
ill-informed fnanciers of the speculative persua-
sion in Paris who have just made present to
the unfortunate Macmillan Of their first
instalment of the loan which will come quite
convenient for him to retire upon, that we
could not have communicated to them this
interesting correspondence at an earlier date
We know they would have been pleased to
have seen it before they signed their late con-
tract. Indeed, had this been the case, or had
they been better informed as to the course Of
afairs on this continent, they would at least
have saved the cost of the paper upon which
their worthless scrip like the robel scrip in its
every feature, is written. It may be possible
also for them TO draw some conclusions from
the nature Of Mr.. Stewards reply to SeHor Ro-
mero's protest quite at variance, perhaps, with
the assurances 50 confidently communicated by
n. Rouher in the speech to which SO much
credit has unwisely been given.
We commend these documents to the thought
full consideration Of the subscribers to Maxi
milian's loan, and particularly to the public,
whom they have sought to dupe.
The TRIBUNE ON THE LEG'sL lTURE.-Has there
been popular error In relation to the Legisla-
ture Of this year, Every one supposed it to
be tolerably fair body-at least quite as hon
est as such bodies usually are but tie Trib'a,s
says 1t was very corrupt one. Now, It is well
known that the Legislature was republican,
ami that the Tribune is the organ of the party
that elected the Legislature. Must we not sup
pose, therefore, that tho Tribune has special
sources of knowledge on this subject, and
knows more about the matter than the public
does?
There was the Health bill, for instance. II
was acknowledged by all that the passage of
that bill would greatly benefit this city. 1t was
recognized as a measure full Of public good.
The clergy spoke in Its favor from the pulpit
even, and the medical profession and the whole
intelligent community were in its favor But it
was lost. Has the Tribune any special knowl-
edge Of the secret history Of that bill, and is
that the knowledge that induces 1t to denounce
the corruption of the Legislature, There was
Warehouse and Pier bill, too-not SO neccs-
sary to the public as the other-in which the
Tribune concern was interested, and in which
the members Of the Tribune concern were
named as corporators. Perhaps the Tribune
knows how IL happened that the Warehouse
| and Pier bill passed, while tho Health bill was