From Ne.Neso- Orleans TT0pic ErfrG, 3f .ahg. IA

 IMPORTANT FROM MEXICO.
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From, Ehe .Nssc Orleans Tropic ErtrG, 9f .Ghg. A.

 IMPORTANT FROM MEXICO. .Ayy,ival ofae Water WItch-yNo Declaration of

 War-1O,Ooo .MericG" TFOcPs Q" hheir .t4rrch

 to TerGs.

 We hasten to lay before the readers of the Trop- ic the latest news from Mexico. The WATER WITCH, Capt Trennis, left Vera Cruz on the 5th inst. and arrived here between and o'clock this morning. It seems that, after all the gasconadlng despatches of the Mexican Minister, Declaration os War IS now very doubtful.

 Our prompt and intelligent correspondent tells the whole story. ...

 VERA CRUZ, 4th Aug 1s4S.

 Dear Sirs: I last had this pleasure, per Relam- pago which left here on the 23d ult. No arrivals have since taken place from yonr port.

 The election of new President commenced on the first inst for which there are four candidates say, Gen. Herrera, President ad interim, Gen. AL monte, eY-Mexican Minister at Washington, Co., meg Farias, and one other whose name has escaped my memory. The Presidency, however, seems to lay between the two former one ot whom 1t IS sup posed will he the successful candidate.

 Almonte has offered his services to Government in the approaching campaign against Texas, but l the Presidency than any great desire he has got to have brush with the Texans-or as ought rath- CT to say ,loac, the United States.

 HB M. brig -of-war Persian, arrived here on the 27th ult in seven days from Galveston. bring ing the news of the Annexation of Texas beng confirmed by the President, Jones-and also tha. a pody of U. S troops, say about 4,0O0 men, were expected at Galveston in the course of few days. It appears our Government IS in no hurry to de- clare war against the United States, or at any rate it seems to be the general opinion that she Will merely attempt to re-conquer Texas without ma king any declaration of war. Of course the news by the Persian caused great excitement through out the country. The Minister has presented an act to the two Chambers for their deliberaton. lst. To declare war against the United States. 2d. Authorizing them to raise a foreign or na- tonal loan to the amount offfteen millions ot dol lars, which they consider to be necessary to carry 1 on war and re-conquer Texas.

 The proposals are now under discussion in the Chambers, and if they get the s'Targent" there Is l no doubt they will make the attempt to again gel possession though it is doubtful! whether they de clare war against the United States ah or or moi naf

 tion at Tobasco, in favor of Federalism, which ha i induced government to declare said port closed tc foreign as we'll as native shipping but is rather pug zled to find out how they will keep out the former they have not got single steamer that Ihey car get ready in less than eighteen or twenty days, all tEe engineers being still, as may say, loafng or shore and waiting for their pay, ofwhich, for some months past, they have received but mere rifle. The Tariff question is still under discussion, or | rather has been referred to a Committee, but fl l they procrastnate as they gencarly do, God knows when we shall get sight of the longexpected docu- ment-and in the meantime the country will lose great deal, merchants do not like to ship with 1 so much uncertainty.

 have nothing farther of interest to inform you of at present, and beg to subscribe myself gentle men, very respectfully, yours.

 AUG. 5,-The Water Witch not sailing yester- ] day, open to say that we have news from the American Squadron, but it is thought here that it ,x,;n is oaid hat he on the road to Texas, amount to 10 900 men. Yours, etc.