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rest to 3 per cent., whereby greater facilities are given to trade to counteract the depression likely to proceed from other causes. * * * * * The British ship America recently arrived from the coast of Mexico and Peru, liberally laden with specie, the amount whereof is stated at _six millions of dollars_, which, in silver, would make nearly two hundred and fifty tons. * * * * * The Queen of Spain, Isabella, has decided to marry her cousin, the Duke de Cadiz; thus putting to rest a subject which has long agitated the circles of royalty in Europe. * * * * * Late news from the east furnishes the report that robberies and piracies are of hourly occurrence in the immediate vicinity of Hong Kong. An ordinance had been promulgated in China for the relief of debtors. * * * * * The Cambria brought 133 passengers, among whom were Hon. Washington Irving, our late minister to Spain, and the celebrated "Cruikshanks," the caricaturist. * * * * * THE MEXICAN WAR. The latest news from Mexico, and from our army, represent affairs in a most quaint and ludicrous light, with regard to the policy and movements of all parties. The average progress of the army of invasion appears to be about three miles a day, with no opposition, nor prospect of any; while the Mexicans are tame as bullfrogs, showing no disposition to either fight or run. Gen. Parades having got sick of his job, has suffered himself to be imprisoned at the approach of Santa Anna, who has returned and resumed the government without opposition. Mr. Polk having sent an embassy, virtually asking permission to "give it up," has been refused a hearing, unless he will first withdraw our troops from the Mexican territory; while the Mexican army appointed to combat and conquer Gen. Taylor, remains at ease and content at Mexico, calculating, probably, that the longer they wait, the less distance they will have to travel to encounter the Yankees. Whether our President will call off Gen. Taylor with the American troops, before they reach anywhere in particular, remains to be decided. * * * * * TRADE TO SANTA FE. The trade to Santa Fe is said to be much greater this year than ever before. Thirty-nine companies of traders have gone out this season,
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