The negotiations for the intervention in Mexico appear to be
de- layed by the unexpected hauteur of Spain. The Cabinet of Madrid, it would appear, believe that a junction with France and England 10 would hamper her designs, and announce in a style of capricious dignity that they intend to proceed alone. The Western Powers, however, show no disposition to give way, thinking, perhaps, that a Spanish guarantee of Mexican bonds would not greatly increase their value, and General O'Donnell must either modify his attitude or retire from the expedition altogether. The Spanish Government would be wise to await events which will compel the Powers to entrust Spain with a protectorate, and not rouse America by a pluck at the pear before it is ripe. Doblado, the Governor of Guanaxuato, has contrived to put his finances in order, has raised an army of 8000 men, properly paid, drilled, and shod, and, with assistance from the Confederacy, is a match for any probable Spanish expedition. It is not the dismemberment of Mexico, but its regeneration, which Europe just now desires.
Previous page
