of the public debt of the Canadas, which, on the 31st
of January last, amounted to $18,049,875, paying an annual interest of
$877,674.
The Annexation feeling is said to be on the decrease in Canada, and the
idea of an independent Northern Republic, consisting of the British
Provinces and the territory now held by the Hudson's Bay Company, has
arisen in its stead! The Episcopal Church is making great efforts to
prevent the secularization of the Clergy Reserves, and a general
Convention of both the clergy and laity has been held at Toronto, in
opposition to the measure. A large and enthusiastic meeting has been
held at Halifax, and Earl Grey's proposition in regard to the Halifax
and Quebec Railway, was unanimously accepted. The propeller Franklin,
running between St. John's, Newfoundland, and Halifax, was wrecked on
the 17th of May; the passengers and mails were saved.
MEXICO--CENTRAL AMERICA.
The Mexican Government is in a state of great perplexity, on account of
the desperate state of its finances. All projects for the adjustment of
the revenues, or the consolidation of the Interior Debt, have thus far
entirely failed. Senor Esteva, the Minister of Finance, resigned early
in May, on account of the difficulties he encountered in attempting to
carry out the imperfect provisions of the law. Senor Yanez, the Minister
of Foreign Affairs, was appointed in his place. He proposed a plan of
increasing the revenue by reducing the expenses of the public offices,
imposing a tax on manufactures, and levying contributions on the
States,--a course which was strongly opposed by the friends of the
Administration. Congress adjourned on the 22d of May, without making any
provision for the emergency: and a special session has been called, to
meet on the 2d of June. The Tehuantepec grant to Garay was annulled in
both Houses by a large majority.
Ex-President Pedraza died in the capital on the 13th of April. The
commercial house of Rondero, in the city of Mexico, has failed in the
amount of $600,000. The police in the city is very deficient, and many
of the streets in the suburbs are almost deserted, on account of the
hordes of robbers which roam and plunder at large. The Northern States
of Mexico are in great distress, from an unprecedented drought. No rain
has fallen since last August; provisions are enormously dear, and a
general famine was apprehended.
In Yucatan, the Indian war is drawing to a close. Gen. La Vega, who had
a
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