The Mexican Policyunder Buchanans Adm volume 2

Cover The Mexican Policyunder Buchanans Adm volume 2
The Mexican Policyunder Buchanans Adm volume 2
J M From Old Catalog Callahan
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At one critical time he encouraged his Gov- ernment by the announcement that Lerdo, who in the cabinet had strenuously opposed any cession except at the exorbitant price of $30, 000, 000, had unexpectedly modified his views enough to favor a reconsideration on the basis of SI 5, 000, 000; but with little hope of suc- cess he suggested that his Government should thereafter leave the ter- ritorial question to liis discretion. * At least, he thought that the proposed maximum price should be increa...sed from §10, 000, 000 to $12, 000, 000. Doubting the wisdom of negotiating for a transfer of territory at a time when two opposing Governments were in confhct for possession of the empire, he hoped President Buchanan would au- thorize Mm to sign a treaty without reference to Lower Cahfornia, and to pay $2, 000, 000 or $3, 000, 000 in consideration of the other stipulations.^ Wliile the President was extremely unwilhng to sanc- tion any convention in wliich the cession was not embraced, he finally authorized as a last resort the acceptance of transits and other rights at a stipulated payment of $4, 000, 000, of wliich the sum of $2, 000, 000 was to be reserved for the claims of American citizens.^ In the later negotiations conducted with Fuente, the new minister of relations, who adhered closely to the defense of Ocampo's project, McLane was unable to overcome the objections to the discretionary power of military force by the United States for the protection of the transits.

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