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Rh whose animosity has threatened the country with a civil war. At the head of these is General Victoria, in whose moderation, and thoroughly honourable intentions, the most implicit confidence may be placed. To him, and to his friends, I look for the preservation of tranquillity. Of its necessity he is thoroughly convinced; and his influence, if properly exerted, will, I think, be found sufficient to ensure it.

Short as the recent struggle has been, it has already done incalculable mischief, and destroyed the fair reputation which Mexico was beginning to acquire in Europe, by the fidelity with which her engagements with foreign capitalists were at first met. Dissensions, bordering upon civil war, in whatever causes they may originate, must tend to diminish the commercial demand, and with it the general resources of the country. The customs may be regarded as the basis of the whole revenue of Mexico; not only as forming in themselves its most important branch, but as facilitating the collection of all the other branches, by giving to the Executive that command of money, without which, in a new country, no system of administration can be organized, and no subordination enforced.

What my expectations with regard to them were six months ago, I have stated in the Fourth Section of the Third Book, in which I estimated their probable produce during the present year at eight millions of dollars. There is now not the least prospect that those calculations will be found correct. I am