{"newspaper_name": "The New York herald.", "edition": "01", "page": "p2", "byline": ""}
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consequent interest, by the intelligence brought by
the sWater Witch' from Vera Cruz, which we is
sued in extra yesterday afternoon, and which is
to be found in another column OF our paper this
morning. This is indeed, the only subject now
talked of in Wall street, all round about town. at
the corners OF the streets, amongst politicians, and
it has even found its way to the drawing-rooms,
theatres and other places where you seldom hear of
such topics. Will Mexico declare war! Will the
Congress vote in favor of that declaration Can
they raise the fifteen millions! How will they carry
on the war viii Mexico issue letters of maroue
and reprisal! Where will their prvateers assail
American commerce? Will the English capitalists,
under the sanction Of the English Government, fur
nlsh.the loanliWi the clergy OF Mexico, OF hos
lity to the Purtans Of NewEngand themselves raise
the money! Will the British Government interfere
In the question And will France join her? What
effect will this war movement have on the peace OF
the world ? What will be its issue! Is il the COM
mencement Of a new and great period in human his
tory?


These are questions which are discussed in al
quarters and amongst all classes OF society. II is al
most impossible to settle any of them satisfactorily
til we have further intelligence of the action of the
Mexican Congress. Amongst commercial men,
whose interests would be seriously affected by any
interruption OF the present peaceful relations OF the
great nations of the world, the opinion is firmly
maintained that Mexico will not declare war-tha'
she cannot raise the means-and that she will con- |
tent herself with non-ntercourse act, no action
at all We not that this will be the case. |
There still seems to be every probability that the
Mexican Congress will pass vote In favor OF de-
Iaraon of war. The matter of raising the fifteen mil


lions is another question. Ii is possible that the pre-
sent government of Mexico, or any government IN |
Mexico, may not be able to raise such sum by any |
system OF finance or any mode of forced contribu-
ton. But il the clergy Of Mexico should apprehend
that the Protestant Republic of the United States in
tends further encroachments upon Mexico, they pos
sessing, they do, such large proportion of the
wealth of that republic would be able to raise more
than double that sum, and thus ward of what they
regard as the invasion of the Protestant races of the
North.


Again. according to some accounts, 1t is probable |
that the English capitalists, perhaps secretly encour
aged by the English government, may not be averse |
10 raising such sum ofmoney in order to make a
of mediation for Great Britain, when the
United States and Mexico get to war, and thus
endeavor to settle this difficulty, and prevent, by
strong Intervention of European powers, any further
encroachments on the Mexican territory by the |
United States. 1t is wellknown that the English |
merchants and English government have deep |
interest in the preservation Of Mexico she now
exists The interest in England in the Mexican |
mines is immense The English capitalists are the |
creditors of the Mexican government to the amount
of fifty or sixty millions If, therefore, the annexa
ton Of Texas should be allowed to pass quietly and
peaceably, without any noise made about it, any
fuss created, the British people and government
might be led to suppose that annexation would
be only the first step on the part of the United
States and that further attempts would be made by
this country to become possessed of the whole of
Mexico-Calfornia and all, in process of time. The
British government may, therefore, wish TO check
to stop-or to put an end to what they call de-
mocratic ambition, and the extension of demo-
cratic territory. They may, therefore, secretly
encourage the Mexican government to declare war,
in order to furnish them with opportunity to step
in as mediator, in connection with France and de-
eide against us. We have understood that this is
the opinion entertained by the British Consul al
New Orleans, now in this city, and who had in
the southwestern capital, frequent interviews and
private consultations with the Mexican Consul who
recently left that place II is also the opinion we
have been given to understand of the Russian minis
ter, Mr. Bodisco, and, indeed, it appears to be the
general opinion of all the diplomatic corps including
Mr. Pakenham


The recent accounts received yesterday from
New Orleans, and which were brought by the Water
Witch, indicate, 1t is true, some data on the debate
and discussion of public declaration OF war the
part of the Mexican Congress, but the acts of the
Executive government seem to be decided, prompt,
and determined in favor OF war. They have al
ready ten thousand troops moving towards the
frontier, and the probability is that expedition
may have been the result of the pending election in
that republic which was determined on the lst inst
All parties will agree on making some hostile de-
monstrations against the United States. Amongst
all those whose business il to form accurate opi-
Mons on these matters--the diplomatic circles-we
find that the balances in favor of believing that
war of some kind will be perpetrated by Mexico on
the United States. If the Catholic clergy of Mex
leo choose they can raise double the fifteen
millions in order to repe what they call invasion
of their soil by the heretics. Thswould be exclu-
sive OF the chance which they possess OF drawing
funds from the capitalists of England The only
class Of persons, therefore, who entertain opinions
in favor Of peace, and that Mexico will not make
war, are those engaged commercial affairs in this
country, and their sentiments and opinions are
swayed by their interests.


Thus stands this most important question of a war
with Mexico. On its decision hangs mSltitude of
the most important questions of the present age If
war be determined on by Mexico all local ques.
tions in this country will be swallowed up and
overwhelmed in the far more paramount and
important question Of carrying on the war with
vieor What then will avail all the efforts
Of the Secretary Of the Treasury, to present new
aspect of the tariff question: for the purpose of pro-
curing diminution of the duties Why, instead Of
decrease, large increase will be demanded, and
articles now tree must be heavily taxed, in order to
supply the means of conducting the war operations.


The Sub-Treasury question will share the same fate.


There will be precious little money or specie to be