stances the Government of Yucatan should solicit any loan from the nation, it shall be regulated by especial stipulations and with sufficient guarantees for its repayment.

X. Foreign commerce in Yucatan shall be regulated by the tariffs and rules which its authorities may make, on condition that they are not contrary to the existing Treaties which bind the nation. Yucatan cannot import foreign goods by land or by the internal rivers into the other Departments, those thus imported being liable to seizure; and when foreign goods are imported through the ports, although they come from Yucatan, they shall pay the whole of the duties the same as if they had come directly from a foreign port, and subject to the same prohibitions and imposts.

XI. The natural and artificial products of Yucatan, of whatever class they be, shall be admitted into all the ports of the Republic, being subject to the payment of duties according to the laws in force at the port where they arrive. The natural and artificial products of the rest of the Republic shall be admitted into Yucatan on the same conditions.

XII. If any of the natural or artificial products of either party be monopolized by its respective Government, they must not be sold except to the agents of that Government, or to the contractors, to whom the monopoly may be let, if the latter have the permission to make the purchase.

XIII. The opening of new ports in the State of Yucatan, appertains to the general Congress, according to the bases. In each of the open ports, the Government shall keep an officer, who shall sign the manifests and other customary documents belonging to Yucatan vessels which traffic with the Republic, in order to prevent any smuggling that might be attempted.

XIV. All privileges which may be conceded to any of the other Departments, unless they are exclusively of local interest, shall be granted to Yucatan, although they may not be comprehended in the present Agreement.

XV. Yucatan shall not use any other flag but that of the nation, and shall maintain only that number of armed vessels which shall be absolutely requisite for the defence of its coasts and the prevention of smuggling, and for these two purposes only shalt they be employed, unless some foreign war take place, in which case they shall join the national squadron. The commissions of the officers of armed vessels shall be issued by the President of the Republic, who will take into consideration any recommendations the Government of Yucatan may make, in order that they may be given to persons in whom it trusts.

XVI. Yucatan shall appoint its Deputies for the General Congress, and shall vote for Senators and other general employés of

the nation, according to the terms prescribed in the bases. If it should happen that the nation should call General Extraordinary Assemblies for the purpose of fixing its destiny or making laws, Yucatan shall be properly represented, maintaining its ordinary and extraordinary representatives out of the revenues of the Department.

In any case that may occur, be it what it may, the bases contained in the present Agreement shall be unalterable, as having served for the renewal of the union of Yucatan with the Republic, and shall not be liable to any discussion as to their validity or fitness.

XVII. As the period for electing the Deputies for the General Congress has gone by, the Governor of the Department of Yucatan is empowered, in union with his Council, to appoint the days on which they are to be elected, observing as much as possible the time fixed by the organic bases of the Republic. He and his Council are also amply authorized to exercise for this once all the powers which the said bases concede to the Departmental Assemblies for the establishment of the political regimen.

XVIII. All the political occurrences of Yucatan shall be sunk in perpetual oblivion; and, consequently, all persons who may have left the country on account of their acts or political opinions, can return to it, without being liable to molestation either in person or property.

XIX. All the preceding Articles shall have the force of law as soon as the authorities of Yucatan communicate to the Supreme Government their concurrence in the present Agreement, which must be done within 30 days from the date of its signature. All fraternal, friendly, and commercial relations are from that moment re-established; and, without any other requisite, the ports shall be opened as though the circumstances, which by the blessing of Providence have happily terminated, had never existed.

JOSE MARIA TORNEL, Minister of War and Marine.
CRESCENCIO JOSE PINELO.

JOAQUIN G. REJON.

GERONIMO CASTILLO.

Palace of the National Government, Mexico, December 15, 1843. Therefore, I order it to be printed, published, circulated, and duly carried into execution.

VALENTIN CANALIZO.

JOSE MARIA DE BOCANEGRA, Minister for Foreign

Affairs and Government.

MANUEL BARANDA, Minister of Justice and Public

Instruction.

IGNACIO TRIGUEROS, Minister of Finance.

JOSE MARIA TORNEL, Minister of War and Marine.

CORRESPONDENCE relating to the Arrangement concluded at Athens in June 1860, respecting the Greek Loan.*1859-1861.

No. 1.-Lord J. Russell to Sir T. Wyse.

(Extract.) Foreign Office, August 22, 1859. WITH reference to your despatch of the 26th of May,† addressed to the Earl of Malmesbury, I have to state to you that Her Majesty's Government have had under their attentive consideration the Report of the Commission which, with the concurrence of the Greek Government, was appointed in 1857, on the part of Great Britain, France, and Russia, to inquire into the financial state of Greece, in consequence of the total failure on the part of the Greek Government to meet the charges on the Greek Loan as they became due, and the payment of which has therefore consequently for some years past entirely fallen on the 3 Guaranteeing Powers.

Her Majesty's Government have learned with the greatest satisfaction the perfect unanimity with which, after a long, laborious, and searching inquiry, the members of the Commission adopted the conclusions recorded in their Report, a unanimity which must tend strongly to impress on the Greek Government the necessity of those reforms in the financial administration of the country which the Greek Government are recommended at once to effect, and which, if steadily and faithfully carried out, will, Her Majesty's Government feel assured, not only enable Greece, with the actual resources at her command, to meet punctually her engagements towards the 3 Guaranteeing Powers, but will also materially insure the future well-being of that country.

With respect to the ulterior steps to be taken for giving due effect to the recommendation of the Commission, I have to instruct you, after consulting with your French and Russian colleagues, to address a note to the Greek Government embodying the results of the inquiries made by the Commission and the conclusions to which those inquiries have inevitably led. You will say that Her Majesty's Government, entirely concurring in the Report which has unanimously been adopted by the Representatives of the 3 Protecting Powers forming the Commission, have instructed you to urge on the Government of Greece the absolute necessity of adopting without delay the administrative and financial reforms recommended by them; that Her Majesty's Government, equally with the Governments of France and Russia, are not desirous unduly to press the Greek Government, and above all things are averse to retard the development of the industrial resources of * Laid before Parliament, 1864.

+ Inclosing Report of Financial Commission. Report laid before Parliament, May 11, 1860.

Greece, and that therefore the 3 Protecting Powers have in concert, with all due regard to the wants of the State, fixed the minimum of the sum to be paid at first by Greece towards meeting the charges on the Loan at 900,000 francs, that sum to be afterwards increased in proportion to the improved state of the Greek finances at periods to be afterwards determined, when the question respecting the sinking fund of the debt shall be arranged.

Her Majesty's Government, from the knowledge which they have acquired of the financial resources of the country, feel assured that the Government of Greece will have no difficulty in setting aside the above-mentioned sum as its first payment, and in return for the moderation shown by the 3 Protecting Powers in fixing the amount, those Powers may well consider that they have acquired a right to expect and to require that the Greek Government will carry out such an effectual system of reform in the departments of the State as will entirely remove all cause of future complaint in consequence of the failure of the Greek Government to fulfil engagements solemnly contracted towards the 3 Powers.

You will add that if the Greek Government fails in discharging its duty in this respect the only course left for the 3 Protecting Powers to pursue will be rigorously to exact the execution of Article XII of the Treaty of 1832,* by which Greece binds herself to lay aside the first produce of Greek revenue towards the payment of the interest and sinking fund of the loan.

I need scarcely add that you will on all occasions unreservedly consult with your colleagues as to the best mode of giving effect to the intentions of your respective Governments in regard to this matter, always bearing in mind that unanimity between you is indispensable to give full and entire effect to the object in view. Sir T. Wyse.

SIR,

No. 2.-Sir T. Wyse to M. Condouriotis.

J. RUSSELL.

Athens, October 20, 1859. HER Majesty's Government have had under their attentive consideration the Report of the Commission which, with the concurrence of the Greek Government, was appointed in 1857, on the part of Great Britain, France, and Russia, to inquire into the financial state of Greece, in consequence of the failure on the part of the Greek Government to meet the charges on the Greek loan as they came due, and the payment of which has therefore consequently for some time past entirely fallen on the 3 Guaranteeing Powers.

Her Majesty's Government have in consequence instructed me to bring under the serious consideration of the Greek Government the results of the inquiries made by the Commission, and the con* Vol. XIX. Page 33.

clusions to which those inquiries have inevitably led, and which are set forth in the Report, copy of which I have had the honour to transmit this day, on the part of the Commission, with the approbation of the Governments of the 3 Guaranteeing Powers.

The Commission being duly constituted determined at its first meeting, for the purpose of facilitating their future labours, to proceed in the inquiry in the following order:

1. Examination of the administration of the revenues and resources of the country.

2. Examination of the receipts and mode of collection.

3. Examination of the expenditure.

4. Examination of the reforms it might be advisable to propose. After a long series of inquiries and discussions under each of these heads, the Commission came, on each, to the following conclusions : And first, with regard to the administration and the revenues, they found:

That the agents charged with administration as well as with the collection of the public revenues had evaded and combined to elude the proper surveillance and control of the State, though such surveillance is fully established by the legislation of the country.

That these several agents had not sufficiently applied the laws which regulate the financial administration of the country. That the Ministers charged with directing the expenditure had hitherto rendered no account to the country.

That the Ministers of Finance had in scarcely any instance since 1854 justified, by the production of the accounts which the law enjoined them to publish, the amount of the public revenue, nor the manner in which it had been applied; for although the accounts of 1850, 1851, 1852, had been completed on the first appointment of the Commission, the account of 1850 was the only one submitted to the Chambers, and no law confirming this account (Loi des Comptes) had since passed the Legislature.

That the Cour des Comptes (Audit Office) had not justified by its declarations of conformity and the reports which it is bound to publish, that the administration had been conducted with regularity, and that consequently the accounts had not been what they ought to be; in a word, that it had not discharged the trust confided to it by the nation.

That the Chambers, which ought to have watched over all the financial bodies of the State, had not acted with the punctuality and vigilance required from them by the Constitution.

That the judicial control not more than the constitutional had been duly exercised, and that, in consequence, even the accounts actually produced by the Administration did not present all the legal guarantees of accuracy and authenticity required.