The New York herald., 1865-05-29
The Mexlca Loan.
ransiatod for The HgkALD from the Pnrs Opinion Uap
Ma

tionae Of May l3I
We have repeatedly stated In columns that our ex
psdon 70 Mexico was grand mistake ad the rssules
have borue US out. Az first SIX thousand men
forty and e = perfectly eSd a az 20 49,
the solo by VII ch we can repair the mistake Il
send ng troops 10 Mexico 70 get them out Of the coua
Try as speedily a. possible, upon any terms PROVIDED
We are told ,ha. the best means by which to regain
our political tatu With regard 10 Mexico Is 10 supply the
country with funds II so, let us give Mexico money
but upon tho eondit that socl RS shall DO with
as"n LUIS 'eeng was The cansc OF me ccess OF the
sst aexi an loan About two hundred thousand persons
subscribed 10 thai loan rivng average OF nearly three
bonds 10 each subscriber No has been divided
OF the one hundred and seventy p,illons sub
scrbed one tenth evtn, en- miions) romans with this
Bank Of Deposit as guarantee for the reimbursement
Of the debt thus ioriug species Of insurance pro-
,nium OF which VIII be capi,az by compound interest
In all only one hundred and our ui lie one hu
drcd and seventy millions Will reach Mexico upon whsch
amount We shai receive eighteen millions per annufos
interest and lotte'y prizes
~ France. The ioaduners, who hsrr long quoted such
risky funds BY The SIDE Of consos which yield less tnas
threo aud half per cen whoat affecting them, bs
amused 10 see how shy of the Mex oan
IL oecdedly an unstable inv, stment rs IL cds oveS
premiums which more 70 have the loan lax d up
than the ten per ctnt Interest And Why should not tho
profit 10 DC gaiped b. commensurate with tho ri-k rune
IN England II IS usual to divide capital into tho uneq -
parts Que Of them being small snd sked Tor large
turns sndthe cher larger aud yielding bu, small In
Moxico, however cannot complain that have made
too onerous conditions. N
commcrc al interest in that country averages hfteen
per cent without rhe privilege OF red mp,ion, and the
Mexican goyernment, could no more borrow money -
less than twenty rer cent except from VS. than the
Grand Turk could Tbs fact is that ahRe appear 70
profit by the precar condition OF our debtors wo are
actually improving 1t BY thc aid we give them.
This considcat should even us to rerrot tha4
granted Mexico such favorable terms in the list oan,
and induce the French government 10 intervene in fav1s
Of the first lenders, who were too accommodating In
both tire first and second loans the operation Of the
receivers general has been solicited and bcsds The
bsk OF deposit, by retaining tenth OF the last loan,
becomes thereby responsible for tho reimbursement q
tho bonds nj the ratio of ISSUE II nil this does not
stitute al least moral guarantee the part VI the
Fron h government II had better not DO made known
10 the two hundred Thousand subscribers 10 the last Aex
lean loa n.
Whoever can give armed support able also render
aid by loan and sole DIS 70 that tho rendering ~
this pecuniary assistance may irco from armed tee
,cntOn. There those who bSlicy0 that money caD
got the Emperor Maximan out Of his difficulties, an9
all ought ~ wish this to be socven the United Staten
notwithstanding the Monroe doetsnc; for the Unte4
States have greater interest than Franco In having
responsible government in Mexico able to guarantee
tho security OF commercial relations ia that co ntry
II The Emperor Maximian Ieqarcs moi hing but nt0ney
to conso date his EMPIRE thus will probably not DO teo
last Ian no will ask oil ana as w0nre not IN condt
ton TO refuse him anything, let gc him the monsV
he the condition, bowovcr. that he sends our
bomc and both of would proht equally by the
ba,gan We should bo obliged 10 pay troops undsg
his II he did not pay them. Consequently II bet
10 give him financial support and
political responsibility The Emperor Maximian can
get soldiers for money wherever he cheoscscven In ~
United states He has already procured volunteers N
Austria Bcle um, and he also get them IN Franco
Therefore let lend him our money and withdraw ouf
about result which cannot bat prove advantageous
10 uu