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Show ; A SLICE OF MEXICO. , It looks a little singular that the Son FraucUco papers should, have "scooped" the New York journals in regard to the reported treaty ceding to , -this country a 1-irge portion of northern north-ern Mexico, if there is any truth in . the statement. The New York dailies, with their Washington bureaus, are not apt to be distanced in matters of this kind, but the story is published with details which invent it with some plausibility, and as the proposed sale would undoubtedly be a good investment invest-ment for Mexico,, who is really laud poor, there may be some foundation in fact for the rumors. It is said that a treaty has already been prepared, and will be submitted to our senate at the coming session, transier'mg to the United States the whole of the states uf Souora and Chihuahua, nearly three-fourths of , Cohahuila north, about one-third of Nuevo Leon, about nino-tenths ol Lower California, and a slice from the northern part of the states of Durango . Sinaloa and Tamalipaus, compriuing a population of about 1,500,000. Tbe territory is rich in mineral and agricultural agri-cultural resources, with a tropical climate, and an inexhaustible soil. It is intimated that the treaty referred re-ferred to was initiated by the joint Mexican and United States claims commission, appointed in 1SC8, consisting con-sisting of Mr. Wadsworth on the part of this country, and SenorZ.ua Cona on the part of Mexico. Sir Edward Thornton, the English minister, acts as umpire. The report of the commission com-mission will be a proposition to give Mexico a grant of -517,000,000, and Mexico, in lieu of 'demands of this country, amounting to $10,000,000, to cedo tho territory above referred to. The project, it is said, has reached a shape so definite that President Grant will direct tho attention of congress to the subject in his forthcoming annual an-nual message. No definite action has been taken in Mexico with regard m to it, but no doubt is entertained that it will be accepted. Although tho United States is not in immediate want ol more land at the present time, the acquisition of tcnitory is in accordance with our settled policy, and aa our absorption of the entiro North American continent conti-nent is but a question of timo, it may be well enough to secure whatever territory we can cheaply andpeaco- ably. It is our destiny to cultivate the waste places of Amorica, civilize or exterminate the Indians, and do-vclope do-vclope tho wealth and grandeur of the continent. Tho paltry $17,000,-000 $17,000,-000 of cash which it is proposed to pay for Northern Mexico, might bo realized rea-lized .in revenue from the territory purchased in loss than twenty years. Tho Mexican minister at Washington Washing-ton not many weeks since denied that there was any intention on the , part of tho Mexican government lo sell any portion of its territory, and aid that any such proportion on its part would bo fatal to the administration, administra-tion, and could not roceive tho assent of the people- of Mexico. It is thought by tho Mexican consul at San Francisco that tho rumors of a treaty for this purpose arose from tho recent raids on the Texas border, ami has been nursed by speculators and other ifo at, if partible, to iniliitw thu United Status government to at-imifiiu hostile attitude; but tho Mexican! government Is doing all that can hoi done to prevent the raids. J |