The New York herald., 1868-11-27
M E X IC O..


press-The Railway schcmcs-Shecks Of
Earthauaie November d.
MEXICO City, Nov. Q, 1858.
ID may possibly be In view OF the political crisis
supposed to been pending In the United States,
ana which we heard yesterday had resulted in the
election Of General Grant to the Presidency and 1t
may be from conviction that In some way Mexico
has indirectly had interests at stake In the late pol
cal campaign In the States but 1t 10 certain that OF
late Congress and the administration have been
hard at work 70 initiate ana carry forward
20 completion and fnAl enactment some measures
which shall disabuse the public mind abroad
Of an opinion which It appears had become some.
what fixed, that this nation wished the world to
opposition to an those means and enactments gen.
orally believed and understood by civilized nations
necessary and nt for the development prosperity
and happiness OF people snd country. It remains
70 re seen whether such q motive has been and NJ
influencing the late legislation, whether the states
men or public men OF Mexico have the idea that
passing shadow will be accepted by the world as
prcsupposing permanent or abiding substance or,
again, whether the recent discussion In the edito-
rial columns OF the NEW YORK HERALD, whose drit
and sentiment have not only been echoed by many
of the American press but also by the London Ties
have had any in1uencein awakening an apathettcand
sef-suflcent race. refer to the passage yesterday
afternoon OF bin which proposes to permit and en-
courage the introduction OF foreign capital by a.
lowing the free expectation q ores. The bin, as
ORIGINALLY introduced by the committee proposed
tax OF five and one-half per cent upon the metal
contained in the ores tsilverl which amount 1t pro-
posed 10 determine by making assays thereof The
Congress insisted upon being more liberal thanthe
country, or rather the majority Of Its members ap
p ared TO have adopted het)ellef that moro bene-
ncial results would arise to the country and to the
Treasury from the increased amount or capital which
liberal % legislation Atom than n rom % the I'VE ~ % and
one half per cent Obtainable under such q law
capitas,s might happen to make investments in.
II was stated in the hall Of Congress last evening
mat i would further be proposed ere long to pass
money, the government or marion still realizing
largely from the coinage Of silver THIS bill will
as submitted and although it should wholly fall It
esinces disposition lately discovered TO listen to
the advice of foreign well as native capitalists
aud miners, and to break the selfish shell with
whtch 100 many OF those who hold or have
selves The bill referred 10 as having passed Con-
eres5 has passed 80 the President for his action and
ts i,ends ar anxious to know whether 1t VIII meet
with his approval, whether II may be necessary
attempt IT'S independcnt passage. There is, how
ever but very little doubt that President Juarez will
endorse the action Of Congress.
Another evidence OF the waking up'' is the CIR
cumstance that the government has finally become
OF the opinion that patience Is virtue which be-
longs to the debtor rather than the creditor and that
the Congress Of the United States having acted al-
most Immediately upon the Seward Romero treaties
confirming them, and the election OF General Grant
having been heard here most likely to take place.
as well as sufficient respect having been paid TO the
national character for Its element of procrastination
the treaties at last introduced into Congress-
the 9TH OF this month and by that body referred to the
Committee on Foreign Relations. The pigeon hole
supply Of that committee be judged OF very
There s every probability OF violent opposition TO
the Consular treaty, as the Mexican press have We
hementy declared that Its terms are unjust and dis
honorable to Mexico The treaty IN regard to claims
oins, y hos tM Wholly 3 popular among Mexican creditors
results from commission on actual cash payments
onder three or four years. only the maintenance OF
number Of plcth0ric and lnd0lent commissioners
clerks, &c. Still another evidence Of the .'wakIng
np is the recent Introduction OF new project Of
law by the entire committee TO which was referred
the action OF Congress upon the concession granted
by President Juarez to the Mexico and Vera Cruz
which. with the most viruient opposition had sue
ceeded in defeating the confirmation Of the OF the
tn rsn az pea @ s alarmed a.
Of their rabld action and accordingly joined some
what readily In semi-comprcmse with the compa-
NY, the government and the remainder Of the COM
mtee, the result OF which Is the passage OF the law
copy OF which translate and forward. 1t will be
sistance given TO the company not inconstdera-
BILE; and 1t ia to be expected that ir the Pres-
q new opposition, with the work already done,
portion Of the material on hand
together with the amount or time and funds con-
ceded. the entire line may be opened to travel
II is rumored on the street and among .wise menn
that the President will return the BILL asking first
that Congress reconsider the article which limits the
interest TO be paid the bonds to eight per cent
the company may find 1t advisable TO have the right
gress shall reconsider justice OF any interference
ofthe government in the administration and manage
ent OF the road beyond the OF Its stock
Ia the board OF directors. Should the Executive make
suggestions the bill rs found below Will become
the law, which, it will be observed includes the ap
preparation or $560,000 per annurn for twenty-five
years
1t Is pleasant to be assured that Mr.. lie sere win
uarvc c.aOnfr frnt, NaytC haxtn nil
he desired in the way OF notifications TO the con-
cessicn already granted for the Tehuantepec road,
although II Is amusing to observe the editorial CON-
ments OF late OF certain paper OF this capital at
tempting TO 5lackma the enterprise by stating that
Panama road which had sent Mr.. lie Sere out here
an sheeDs clothing 70 prevent the Tehuantepec road
falling into the hands OF parties who might organize
dangerous opposition To the Panama Railroad
Company. The same paper has for some time de-
voted It's attention to puerile abuse OF the HERALD
Tor stating facts in regard TO Mexico, and probably
desires the unpaid for benefits Of such honor aud
notice as might be realized from the least acknow-
iedgment on the part OF the HERALDo OF 'ts puny ex
istence.
The action Of Congress and its committee thus far
IN regard TO the reabIlration OF the American ana
Mexican Railroad and Telegraph Company must be
satisfactory 10 all parties interested as the report OF
the latter is fully equalled by the pronptness and
unsnimity with which the former gave their en-
dorsement. The third and final reading and dscns-
sion Of the bill presented, 1t has been declared by
Congress shall take place at an early day, and
American capitalists interested have reason 10 hope
for a favorable solution. or the Tuspan Railroad
business Dut lille ~ hcard or known. Mr. Cunna
Res is here, and apparently still interest
ing himself in the matter. Several new
projects foot. Parties appear To
have received some encouragement from
the State Legislature OF PuebIa for the navigation
of Nescaa river 70 the Pacific, the construction
uf railroad along its IL III also proposed 10
build a railroad from this city to Joluca. Many
other schemes, less or more grand. have been pro-
posed, but Mexico realizes that capital IA required.
and the recent Inability OF the government To Apay
the two last semi-mouthiy bills OF Indebtedness 20
the army, The Congress and it, employees, has not
qs-t-
these enterprises pecuniarily, bui has very iuuch
alarmed persons high ia oicc 60 the posible end
Ia case such condition OF tue national nnaDces
continues II rs stated that the aooye referred fa
payments were met by anticipating the duties re-
ceivable rom the silver which 1t Ia supposed will
yo to Vera Cruz for expectation by the coming
''conducta.n
An "waklngs up'' nave been referred To l may
mention ''shakings up.u ON the evening OF the
OH. nt nhnui nine O'CLOCK this CITY felt annfher