To The Editor Of The Time...
. . - ADv:lnTlyIElI.T Sff,-Obscrving in the'Ceauricr of the 4thiistant, a Tiragraph tider the Ihead of " exicantLoan," and signed 'Veraxx, ' whereini :he *riter bas stated a variety of facts well known to me, I deem it right to mention, that he has emitted a very material one,-flamely, in givig publicIty to the actual state of the fiuances of the Mlexican emn , e. . he Government of Mlexico has a national debt of 6S,000,00 of dollars, onwhicl it pays no6interest whateve, for the want of means; moreover, the greatest part of the national -tevenues are mortgaged, aS, for instance, that of tobacco. The budget for the year 1823 amnounte(d to 20,000,000 but, wing to the e.xlsting troubles, and the unsettled state of the countrv, the receipts did not amount to 15,00,O00, thus leaving a deficit oi 6,000,000. The revenue of the prevent year will, in all probability, from the same causes, be still more precarious: the deficit will therefore accumulate, especially when it is considered that the Government oughtto pay interest oJi the 58,000,000 it owes in the country. Henc it will be easily inferred, tbat in order to meet these charges and contingencies, the Mexican Government will be under the necessity of having recourse to another loan, to pay the dividends on that it has contracted this year. The only resource left to the Government is to give every possible encouragarnent and protection to the mining compaules lately formed. Thigsmay repair its finances, for it is well known that gold and silver are eommireim- mrnnrmitip.-. El A47- -I -- SCRUTATOR. March 5, 1824. TO THE EDITOM OF TIIO TIMZS