way being to defer payment to creditors and withhold salaries, as we have seen; the next temporary relief was found in the ruinous method of mortgaging prospective revenue, and the most dreaded yet final recourse, in levying taxes and contributions at the risk of inviting fresh pronunciamientos. A few were imposed, such as a double quota from real estate and income within the federal district, and more pressing demands for state contingents.[1] But what availed these — even with the addition of the accidental war indemnity — to provide for the demands of the reorganization, and offset the shrinkage in duty receipts and other sources? The perplexed ministers would make a superficial examination of the assets, clutch at more or less impracticable suggestions for banks and mints, hint at further curtailment of expenses, which they would never enforce, cast furtive glances at the tempting church estates, and then unfold a budget or project, roseate with plausible recommendations to brighten the actual dark picture.[2] A more critical and prudent congress tore some projects into fragments as visionary, rejected others as doubtful or unpopular, and frittered away valuable time in discussing the remainder. A plan worthy of consideration was to induce the clergy by concessions to guarantee the new consolidated fund, and thereby connect them as well as the creditors more closely with the interests of the country;[3] but they very naturally feared that this
- ↑ The former by decree of Oct. 6, 1848, the latter of April 10, 1851, demanding $790,000, whereof $100,000 each from Mexico and Guanajuato, $80,000 from Jalisco, $70,000 each from Puebla and Zacatecas; several states paid $10,000 and $6,000, and Colima ended the list with $3,000. Méx., Legisl. Mej., 1851, 11l-12. A decree of April 1849 admitted articles of food free into the north-east provinces, a concession which aided fraud.
- ↑ Piña y Cuevas urged strongly the establishment of a national bank, 'which would facilitate the disposal of two thirds of the revenue.' Espos. of Feb. 14, 1849, 3-4. It may be mentioned here that a bank of savings was opened in the Monte de Piedad pawn establishment. Arrillaga, Recop., 1849, 76-89. Concerning the extension of mints, see full report in Méx., Mem. Hac., 1849, 1-80, and suggestions in Méx. Mem., 47-52, in Doc. Mex., pt 4; Soc. Mex. Geog. Bolet., i. 177, 219. Instances of greater strictness with officials appear in Méx., Manif., 1849, 1-23; Pap. Var., xli. pt 5.
- ↑ As advocated by Esteva, Plan of Apr. 4, 1851, who proposed that new imposts for the interest of the fund should be intrusted to clerical control.
