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Cheraw, Chesterfield County, South Carolina
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Reports from Mexico City on 28th ultimo indicate President Santa Anna has paid soldiers, stabilizing affairs under his management. The government repudiates a $1,200,000 loan from September under Bustamante, citing prejudicial terms.
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Letters of the 28th ultimo from the city of Mexico say that President Santa Anna had found means to pay the soldiers, and it is thought by the writers that every thing will go on well so long as he has the management of affairs.
The Mexican Government have repudiated a loan of $1,200,000 made to the nation on the 20th of September last, during the administration of President Bustamante, by Alejandro J. Atocha on the ground that its terms were prejudicial to the interests of the National Treasury and an insult to public morals! This public knavery of repudiation perhaps mends the matter.
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Foreign News Details
Primary Location
City Of Mexico
Event Date
28th Ultimo
Key Persons
Outcome
repudiation of $1,200,000 loan
Event Details
President Santa Anna paid soldiers, expected to stabilize affairs. Government repudiated loan made on 20th of September last by Atocha during Bustamante's administration due to prejudicial terms.