The War with Mexico, Volume 2 (of 2)Smith, Justin Harvey
History
The War with Mexico, Volume 2 (of 2)
Smith, Justin Harvey
Mexican War, 1846-1848
But again Walker's hopes were disappointed. The most important of
the monopolies, tobacco, had to be given up because the American
product could not be excluded, and for administrative reasons the
other monopolies also were surrendered. Owing to the dangers of waste,
corruption, extortion and resentment, the business of collecting taxes
had to be entrusted to the state authorities, and they possessed
wonderful dexterity in the arts of evasion. State assessments were
actually made on México and Vera Cruz only. The owners of occupied
buildings were in many cases friends, and could not well be deprived
of their rents. Contracts or agreements that stood in the way had to
be respected. Gold and silver were clandestinely exported. Smuggling
across the northern border could not be stopped. Brigands exacted
their toll. The time required for investigation and planning, and in
certain instances for correspondence with our government, militated
against prompt action. We strongly desired to settle with Mexico
and evacuate the country, and hence--especially after the peace
negotiations began--it would not have been wise to run the risk of
exasperating the nation for the sake of a few dollars. In short the net
proceeds, including $106,928 turned in by naval officers, were only
$3,935,676.[33.23]
Some of this money went directly to supply needs of the army and navy,
but by far the greater part of those needs had to be met in other ways.
During the first nine months of 1847, it was figured that the United
States exported more than $12,000,000 in specie to Mexico. Many drafts
on the principal American cities were sold there, and those on the
quartermasters at New Orleans, Philadelphia, Washington and New York
amounted to nearly $8,000,000 before December, 1847. Payments were also
made in the United States on the certificates of officers acting in the
field; and about the first of August, 1847, Belmont, the New York agent
of the Rothschilds, arranged with our administration to place funds in
the hands of any paymaster or quartermaster named by Scott. In general
the large financial operations made necessary by the transfers of money
were skilfully, honestly and safely conducted. Some $24,000,000 were
distributed by the pay department through its thirty-five officers,
for instance, and nothing was lost by accident, robbery, theft or
capture.[33.24]
[THE COST OF THE WAR]
Public-domain text, read in full here on John Shaqi.
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