{"newspaper_name": "The North-Carolina standard.", "edition": "01", "page": "p3", "byline": ""}
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California. 1t appears from report made. by
Rosa, Mexican Minister of Finance, that the
English have mortgage " for the payment of
twenty millions and its interest" by Mexico, on
one hundred millions of acres in California, Chi
huahua, Sonora, New Mexico and Texas-a.
mounting, in all, says the Albany Argus, to an
area three times as large as the State of N. York
Mexico it is said: owes at least sixty millions,
and is therefore in state of hopeless insolvency In
relation to this mortgage the Albany Argus says:
Though they cannot torecEOse in court Of law,
and thus obtain instant possession, the English
government can very naturally negotiate for an
absolute cesson of California: offering to assume
the twenty millions of debt due thereon by Mexi-
CO. This bargain might be mutually advantage
GUS to both parties. England gets fine province
and position on the Pacific ocean that she has
long coveted, and Mexico gets rid Of nearly half
of her foreign debt. We do not insist that this
transfer will ever be made, as the United States,
the controlling power on the American con-
tinent, will have word to say before that trans
fer is consummated." So we say--and not only
a word but bLo,cs, if England attempts to coIonize
a foot of ground on this Continent. We see it
stated that Mexico is making arrangements, in
which she is no doubt assisted by England, to in
troduce into California a body of five thousand
Irish psasantry. This it is thought, will eoun-
tcract, to some extent, the effects of the rapid emi-
gratien of Americans to that quarter But all
this and more will not do when tie pear is
ripe IL WiU fall