New-York tribune., 1868-03-25
MEXICO.
TIE FREMONT. ocHoA, AND oRTEGA PAPERS
CONCERNING THE GUARANTY OF A LOAN BY
TUE UNITED STATEs-THE FINANCEs-THE
GENERAL SITUATION.
Prom Our Own Correspondent

MEXICO, March ., 1853
The diplomatic correspondence affecting Gen. Fre-
mont and Gen. Sanchez Ochoa in the affair of Mexi-
can loan still the serial feature of the Governments
newspaper. The development Of the case, thus far,
brings us to something like the basis of an agreement
between the negotiators. Gen. Fremont has been
offered six millions TO obtain the guaranty of ten
millions of vitiated bonds, and along with this q
frst-class railroad concession as his reward for
otherwise elevating Mexican credit. Minister
Romero declares that the transaction of Gen.
Ochoa's, containing these terms, is unauthorized
and ruinOus, and viii not be acknowledged
by the Mexican Government. Accordingly,
Gen. Fremont and the Minister of Mexico pro-
ceed to enter into an understanding the former
through the agency of Mr. S. s. Cox and other gentle
men, and laterly in person. Mr.. Romero is at length
disposed TO agree that Gen Fremont shall have hTtt
millions OF dollars TO obtain the national guaranty OF
loan OF SjOOOOOO and Is willing also 10 rec0Hlehu
IN his favor the grant of railroad line from Gaynas
TO Paso de Guadalupe the same terms as lie ilN,
lege of the Pacific Railro Not being anthor1zed
to give concessions, he cannot, as Cen VchOa mas
ignorantly and unlawfully done grant Win MS own
hand such railroad privilege as zen; Fremont has
asked for. Mr.. Romero further Stpulatcs that the
guaranty asked for shall not contemplate any
OnerOus dispositions toward MS country, such
Gen Fremont is also required 10 renOnnce the
hope of all benefits that might in his opinion, arise
from hls contract with OChOa, SAID contract being
null and void. Mr. S. ). Cox has few notifications
10 make TO these propositions but it does not appear
that they were, acceptable. The Mexican Minister
concludes to reduce the amount offered 10 Gen FIRE.
mont, as Judging from the manner in which he
conducts his business he is afraid that the General
will sQIander the funds put in his hands, lie pro-
poses, therefore, that MI Tt of the firm of Corlies
4 Co., who hold another loan which they are in-
tercscd in having guaranteed, shall attend TO eX-
penses of an undescTibed character. Gen. Fremont
receiving $OO00O0 in bonds as the price of his per-
sonal services Mr.. Romero notifies his Government
that this, is, the best arrangement We can
make, and % the most economical Here
upon the official documents assert that Gen.
Fremont promised 10 write an answer to Mr..
Romero, giving up his right to'the Ochoa contract,
and ayOwing that if the guaranty is more onerOus to
Mexico than the terms contained in the. proposition
hitherto described, he will only claim his expenses.
Ii should here he stated that i'll case the guaranty
failed its movers were TO have, principally, their
labor for their pay. AT last Gen. Fremont remarks
that he is willing to surrender the Ochoa contract,
but is afraid his partners will not agree MI Romero
does not believe that Gen. Fremont has any partners,
but only few interested friends. Here ends one
chapter of the correspondence of the Minister with
his Government, and which is forwarded To you as 1t
appears in the official papers What Gen. Fremont
and his friends have to say Is another affair
Minister of Mexico 10 MIR Secretary seward IL does
not appear in the published official documents re-
lating TO Mexico for the ayOwed reason that the Min
lister did not desire to make enemies for hls cause
The letter proceeds 10 say that when Gems. IRE
mont and OChOa saw that the Government Of Mexico
not only refused TO approve their contract but thatt
sOlemnly declared IT null and of value, the only
method occurring TO them 10 give IL certain vitality
was 10 try and have il approved by Mr.. Jesus Con
zalez Ortega. ex-Nice-PreSdent OF the Mexican Re
public, residing in New-York and secretly busy in
the work of peTsuading his fellOw-CitZens that he
ought 10 have been the President OF Mexico
from the 1st of December, lsG5, according
to his Interpretation OF an article IN IN the
Constitution Of the Mexican Republic There Is
no doubt that Gen. Ortega had plausible case
founded Oh strong constitutional argument; but
very few people in Mexico were Wiling that ne ne
time when, as he claims, he should have succeeded
TO the Presidency and 1t was quite likely that, had
he taken that office, his general uniltness ana m
tTustwOTthinoss wOuld have provoked greater dls-
aster to the Republic than that which he unwlscly
attempted 10 inflict upon 1t. These remarks are
merely the echo of the common opinion OF Mexico.
Much can be said for the cons uiOnal claim set up
by the friends of OItega but OItCga himself ~ re-
grded the worst argument OF his side of the case.
The Minister of Mexico alleges that IN consldefa-
tiOn Of Gen. Oregas approval of the OcbOa contract
Gen. Fremont was 10 use his influence to obtain the
recognition by the Government OF The United states
of Gen. GOnsaleZ Orega as the legitimate President
of Mexico. " Until May, lSd,' he continues, that
is to say, five months after the day which II was
supposed that the Government of President Juarez
had expired by limitation of the law, they both con
tinued TO recognize it, not only a. the only Govern
ment existing Mexico. but also ~ the legal GOV
eminent of that Republic Bnt the moment that the
Government could satisfy the pretonslOns of said
generals IL not possible for them any longer 10
conceal the conviction they had that Mr. Juarez was
nothing than usurpeT, without any night 10
remain az the head of the Government OF Mexico.
and that Gen. Gonzales Ortega-who, without any
commission, residing III foreign country
own country-was, and had been, the legal Presi-
dent of Mexico and the only one who could bind the
nation, from and after the lst of December lSo.'
Mr.. Romero SAYS The assistance which Cen IRE
mont gave to Gen Gonzalez Ortega was more efi-
cicnt than could have been expected, ana chtIey
changed the position Of the latter On the strength
OF his association with Fremont, the friends Oi Mt
Ortega declared that q loan of SNOD.VO would be
guaranteed him. and that gentleman accordingly
o. ed le %
interim of the Mexican Republic, rs though he were
actually exercising that office, and began TO make
grants conclude contracts, and TO issue appointments
This conduct was unwise, to say tbe least. Inc
most remarkable portion Of the diplomatic story
is "A confession made by Gen. sanchez Ochoa'
wherein that person Is moved 10 say thHt ten fTc-
mont aimed TO obtain guaranty from Congress for
the $lOOOOOO of OehOa bonds, with the end OF keep
nr AZ 100000 for himself in virtue Of his contract,
and charging the rest 10 expenses incurred IN ras-
ing Mexican credit. IL was even proposed TO MT
Ochoa by Mr. Haskell the agent OF cen Fremont,
TO sign the certificate testltyng as 10 the expenses
incurred by him, w4th date anterior To inc llita'
tion of the official powers of Mr. Ochoa. Con VI
tega being desTous to return TO MeSieoi nc oOtio"s
the strength of which sum the latter gentleman
offers the so-called Constitutional President Two
concessions con 10 9ITl 9Teiua0tepee " with burden
some and dangerous privileges /" the other
was TO the effect that money. should. be
coined in Mexico, and appear that II was coined
in Philadelphia. Among other eurostles5 SO OF aIiesae
ton is one that Gen. Fremont took s'OOO worth ol
imperfect bonds telling his cllen, OF prU.fge' soe te
he was going TO give them, Professionally WIN some
money TO tie editor of The Herald tins was lndls
pensable to secure his services. After many ptla6e
admissions of his ruinous weakness IN respect 70 inc
transaction of n bargain, the plant OF Mr.. OehOa
comes to an end. He is now under arrest charged
with financial recklessness and comphclty WIN
Orega When they will be tired II Is iinpossiIple 10
ossnrs vou In OrteRa's case occur the same delays
~ those which made Jefferson DAVIS an incarnaied
tedm a provoking bore 10 the country III the lace
A Commission of Congress reports that monthly
budget. amounting 10 sl,GS a. VIII sulhce iOr the
country and that all income above expenses sla DC
nsed To hauidate the debt Of the country. over
million and a quarter Of foreign and miscellaneous
dsht has been paid off since the 1st of February,