Mexico: Its Ancient and Modern Civilisation, History, Political Conditions, Topography, Natural Resources, Industries and General DevelopmentEnock, C. Reginald (Charles Reginald)
History
Mexico: Its Ancient and Modern Civilisation, History, Political Conditions, Topography, Natural Resources, Industries and General Development
Enock, C. Reginald (Charles Reginald)
Mexico
Torn by their unceasing dissensions at home, the unfortunate Mexican
nation now brought upon themselves complications from abroad. The
Government of Juarez, having triumphed over the Conservatives, had been
installed in the capital amid popular enthusiasm. But what was the
state of the country over which it ruled? Sources of public revenue
were paralysed or hypothecated; there was not a dollar in the treasury;
and private enterprise and the activities of ordinary wealth were
ruined. Funds must be obtained in some way; and an Act of Congress was
passed in July, 1861, suspending the payment of Mexico's foreign debts.
This grave step laid Mexico open to the most serious charges in
European capitals, and her action was stigmatised as repudiation and
robbery, especially in London, where the first Mexican loan had been
contracted in 1823. This act of the Mexican Liberal Congress was
naturally painted in its worst colours by the reactionary
representatives of the Conservative party in Europe, who, desirous of
bringing back a priestly and monarchical _regime_, thought this an
opportunity and motive for compassing it by means of European
intervention. In justice to Mexico at that period it must be chronicled
that repudiation of her debts was not intended; only suspension in her
temporary distress. But the reprehensible Act of President Miramon, in
violating the British Legation and seizing $660,000 belonging to the
British bondholders, in November, 1860, had not been forgotten.
Maximilian--the picturesque and melancholy-appearing figure: the
ill-fated monarch of an unnatural New World empire--was the culminating
figure of Mexico's internecine warfare and questionable financial acts.
The story of Maximilian stands out from the pages of Mexico's history
in pathetic colours, wringing a sigh from us as we scan its pages, or
halt a space in the museum of Mexico's capital before the gilded tawdry
coach of the ill-fated Austrian, which is preserved there in musty
ruin. For up rose Napoleon III., pricking up his ears at this
suggestion of a monarchy in America; and, urged by him, the tripartite
convention by France, Spain, and England was brought to being in
London, October, 1861, whose purpose was--or, at any rate by the
British and Spanish--intervention and the enforcement of the just
claims of their bondholders against the defaulting Mexicans. Sailing
from Europe, the fleets of the three Powers arrived at Vera Cruz at the
end of the year. No idea of conquest of, or interposition in, Mexican
territory was intended in this action, only enforcement of just claims,
and so it was proclaimed; and a conference having been celebrated with
the Mexican representatives, and a preliminary agreement entered into,
the Spanish and British ships in all sincerity withdrew and sailed for
home. Not so the French--and the charge of perfidy is recorded against
France for her act--for the troops of Napoleon repudiated the agreement
Public-domain text, read in full here on John Shaqi.
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