MEXICO.
The administration of Gen. Arista is still a subject of much interest and some curiosity. According to the representations of his friends, he is about to take a firm stand in the accomplishment of his leading measures; while, on the other hand, he is charged with weakness and subjection to the influence of irresponsible favorites. Our latest accounts from the Mexican capital predict that the Government will soon be in a state of great embarrassment. The American indemnity money was nearly spent, and there was already a deficiency of near $2,000,000 in the Treasury. In consequence of the many robberies recently committed in and around the city of Mexico and on the road to Vera Cruz, the most stringent measures have been adopted for the preservation of order. Congress is still in session, but has made no modification in the Tariff bill, as was anticipated. It is feared that the Tehuantepec Railroad Treaty will be rejected, notwithstanding that Arista is known to be strongly in its favor. The exclusive privilege of a railroad from Vera Cruz to Medellin, has been granted for one hundred years to Don José Maria Estera.
The revolutionary difficulties in the State of Oaxaca, have not yet been settled. A treaty was made not long since, between Muñoz, the Governor of the State, and the rebel, Melendez, which gave great offence to the people. In order to reinstate himself in their favor, Muñoz pretended that the treaty had been violated on the part of Melendez, marched against him, and drove him and his followers into the mountains of Chimalapa, where he has since remained concealed. The Tehuantepec Surveying Expedition is now encamped at La Ventosa, a port on the Pacific. The route of the Railroad across the mountains has not yet been decided upon, the survey being a matter of difficulty on account of the dense forests with which the country is covered.
In Yucatan, the war between the Spanish and Indian races is raging with great ferocity. The Indians, who are supplied with arms and ammunition by the English at Belize, have advanced to within thirty miles of Merida, where a line of defence has been established by the Spaniards. Fourteen thousand soldiers are there opposed to more than twenty thousand Indians, and the subjugation of the latter, without help from abroad, is impossible. The troops of Yucatan are destitute of clothing and supplies, and as most of the wealthy citizens of the State have been reduced to beggary by these reverses, the threatened extermination of the Spanish race seems near at hand. A conspiracy to burn the city of Merida, formed by some of the soldiers, in conjunction with the convicts in the city prison, was discovered but a short time before it was to have been carried into effect. The conspirators were condemned to death.