The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1865-05-21

amount was accordingly subscribed. The
loan was brought out at ninety per
cent, and at one time commanded o pre-
MUM on that price Of five per cent When
the news Of the fall Of Richmond arrived the
price fell to eighteen or twenty per cent, and
with the news Of the surrender Of Lees array
il turnbled down to eleven. Tho war being
now completely over, 1t viii, Of course, vanish
altogether out Of sight,, and the unfortunate
dupes, who listened to the vain boastings Of
the rebel sympathisers and the, fellows inter
ested in blockade running and other nefarious
schemes against this government, will lose all
the mohey they invested in the Confederate
loan.
Now that the war In this part Of America is Ct
an end, and another war is going on in Mexico
10 establish an empire there, as our war was
to start another republic, France, like JEFF.
Davis, has started Mexican loan, which, Il APP
pears, e to be conducted on the lottery
principle, as Mexico has no cotton as basis
for the scheme. The following plan for the
new loan will explain itself:-
LOAN or THE MExrcAN GOVERNMENT.
Subscription Of 500 shares OF i've hundred francs
each; authorized by his Excclsncy the Minister OF
Finance. These bonds issued Gt tho rate OF three
hundred and forty francs per SHARE with interest from
the nrst Apr 1885 They produce annual interest
Of thirty francs payable ~ tho rate OF ttccn francs every
Elk mons-nameiy, the nrst OF April and the OF
October Of each year They are 10 be At ave
Sssr dating from the Inst q osoSe 1885, ia
months Tsy T % x Is.
ments both for cash and time bargains. So 49,
rprzes
These bonds give tho right 10 prizes amounting 70 three
millions Of francs annam or ft ON hundred THOUSAND
francs every six m0ptha divided a. follows Franc.
At the drawing, every SIX months, the first share
drawn will be reimbursed at...:.......... 500 600
rbs following numbers at 100 900 francs each 200 900
The four following numbers at francs each 200 goo
And sixty numbers al 10 900 francs cach... oOOooe
ro,a, every SIX months. 500, 600
independentIy of the above drawings by io seven
hundred and ATTY six bonds will be reimbursed for the
first six month"; at i've hundred francs each. This num-
a table aSnexed to chs bonds IN: arst drawing VIM
succeeding drawings the "a Of January and I'd Of July Of
each year
BY virtue Of clause In the treaty passed with the
Mexican COY ernmcnt OF French rentes three per
Ds s &C. % s
des Depts and Conslgnatops in Paris, and enrolled In
the GRAND Livre o. the Public Dob IN the name OF che
subscribers the loan, that tie shares already rem-
bursed either by the drawings BY lot or at five hundred
each in consequence Of the drawings every six
months will receive at the exprasion OF the nfty years
The tight TO tn premium "a represented by special
cer,ia ate attached u each bond Tie subscription win
be opened a, the Compton Escompte dc Paris No "a,
Rue Bergre and In the departments OF the corr cspond
s Of tho :. Ss 81 0r on
saturday the 2ad Of April and viii continte open the
Sunday and following days. from ten o'clock ia the mora
ing Ii four in the aernoon until wednesday, the eeth
OF April following, at the latest
The amount Of claims tor shares will be madc up daily
without any cion 30 long the subscrp Ion liss
not tcd Tie day on which the nuinber oil t0nds TO-
qulrcd shall exceed the number OF shares bonds re-
manning 10 be disposed OF the subscription VIII be cosed
and tho demands for shares Of this last day will be re-
d ced In proportion
The sum 70 DC paid down on subscribing Ia fixed Frsnc
Tho e res, in a the following nssimcnts-.
From the 9th 10 the 18th Of June next %
From the 9Th to the 18th OF August next ...... %
From the 9Th to the 10Th Of Octob next 1850. 30
From the 9th TO the 18th OF ,cember next 80. so
From the 9th 70 the 18th Of February 1861. 70
Total. go
The coupon Of fifteen francs falling due LIST Of October
next will be rercved In deduction Of the frst instament
Provisional bonds payable to bearer, and negotiable
for cash and Mms bArysins will BE- delivered 70 tho sub
instament. from the 1st Of My next
The holders will have the option from tho Same Day
q The whole o. "a: periods NOT yet DUE with
Tho payment OF the interest every six months OF the
lots dnwn, and the reimbursement OF the bonds srswn
By lot will take place in Paris at No Is Rue Nonthaho
ut the oces and under the inspection OF the Commission
Of Mexican Finances.
will be required TO be accompanied by tho amount Of the
All Offers addressed to tho Compton dEscompie or tho
Receivers General before Saturday, April ~ Will be In
ciuded In tho list Of Subscribers for tho first day.
1t 10 pretty evident that the result Of this
loan Is destined 10 be just tho same as that
Of the rebel concern, and yet we presume that
many OF the fnsnciers Of Europe have gone
into Il with great confidence, regardless Of the
lesson they have learned from the result Of
tho rebel loan. It Is impossible that any
empire can exist on this continent except
Brazil, and that Is 30 far south that 1t does no.
interfere with our institutions. The slalSy con-
Germ Of Macmillan cannot last many months
and with its downfall the Mexican lottery loan
falls to pIeces. With these palpable facts be-
fore their eyes II seems extraordinary that the
sagacious fnancicrs Of Europe should touch
this Mexican foam. The fifteen millions in
vested IN England In rebel bonds are oil gone
TO the dogs. Not dollar will be realized on
the transaction, and many will probably BIO
ruined by having anything to do with H. The
attempt 70 establish separate republic In tho
United States has proved miserable failure.
What, then, can we expect Of the enterprise 20
create an empire In Mexicoi II must fail more
miserably still, and every one who invests .
franc In this French loan will snTer, as inc san
guine and thoroughly guiled victims did in
England, who invested in the rebel loan So
THE LorN Pnrss IN THE sourn. Wherever
the Union armies have gone through tho South
newspapers have been immediately established
IN tho national cause, supersedlng those jcur-
nails which, during the war, had been support
Ing the rebellion. Tbree-fourths Of tho new
Journals have been established By volunteers