{"newspaper_name": "The New York herald.", "edition": "01", "page": "p3", "byline": ""}
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would - sccepsd in relation to the Odd dsbt or that the
new loan would be taken upon any terms and it is not
improbable bat that the have been unanimously
rejected and better terms proposed by the Mexican
Ministers as understood he had full powers to do 60


we by this that Paredes had determined TO
make the most Of his position and take advantage Of
the financial difficulties with which he was surrounded
to reduce the old debt much possible and to at
zach such conditions to a compromise would secure
new loan The entire revenue of Mexico in general,
and the tobacco revenue in particular was offer
ed In pledge for the payment Of the Eve per
cent interest on the proposed consolidated debt
but il appears that Psredes has pledged this
venue since for another purpose-and that is the
prosecution of the war with this country. Az
this fact becomes known in London will annual any
arrangement made. and place in its true light the dupl
city and psr6dy Of the President Of that i'll governed
country Without the new loan Of ca O0G yOoo-ths ne
goaton Of which formed the principal feature ofthe
the with the United States. Every effort has been
made to raise domestic loans and the result has been
that only $a,0o0oOo could be obtained This has no
doubt been already used up in providing for the army
on the Rio 0rande. The revenues of the government
from customs, mast be very much restricted by the en-
barge placed upon its principal ports Of entry re-
sources in every way reduced when the greatest
necessity exists for their increase.


II is difficult to anticipate what will be the effect of the
announcement in England that hostities between the
United States and Mexico have actusly taken place. and
been prosecuted part with much vgor and
cess, or what course the Mexican bondholders will
under these circumstances pursue