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1822. June 22.
Junctiana Proposal
By the proposed union of interests and defensive
force between Mexico, Columbia, and the Anglo
American United States, this security will be afforded
to a degree evidently beyond any in which it could be
afforded by either of the two new States standing alone.
Whether with the here proposed security
in view, an association of capitalists to a sufficient
amount would on any terms engage with Mexico alone,
seems altogether questionable.
On the part of Mexico, the danger against
which it would look for security is not only eventual
disinclination, but eventual inability: inability to secure
to the Company the possession of the stipulated
benefits. For this possession, were the power of Mexico
the only security, the Company would be dependent
on every other power, which, at any point of time howsoever
distant, might happen to find itself in a state
of hostility with Mexico. Should any event war in which Mexico were a party at any
time have place, (and can it rationally be supposed
that at no time it would take place?) the most prominent
object would of course be this matchless jewel:-
this matchless key to commercial advantages. the first
endeavour would be - wither to take possession of it, or
(as England did by the Washington Capitol) destroy it: and, in either case, what would be the condition of the Company?
But then, this securityThereupon comes the question the security here proposed will it be sufficient?
O yes: that it will. This position object requires a separate consideration; and will be rendered (it if it
is hoped) sufficiently manifest in another place. See
§.8.
Upon the plan of universal benefit here proposed,
all nations would behold in Mexico a friend. Upon
the plan of exclusive benefit to Mexico, this plan of universal
benefit being supposed rejected, and known to be rejected,
all nations would behold in her an enemy. Upon
the plan of universal benefit, all other nations, in their
competition with these two nations and one another, are secured
against every disadvantage, except that which has
been established by the hand of Nature, that is to say
local distance. Upon the plan of exclusive benefit, they would
Identifier: | JB/106/277/001 "JB/" can not be assigned to a declared number type with value 106.
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