created to adjudicate and decide on the claims of American citizens on
the Government of Mexico. The commission was organized at Washington on
the 25th day of August, 1840. Their time was limited to eighteen months,
at the expiration of which they had adjudicated and decided claims
amounting to $2,026,139.68 in favor of citizens of the United States
against the Mexican Government, leaving a large amount of claims
undecided. Of the latter the American commissioners had decided in favor
of our citizens claims amounting to $928,627.88, which were left unacted
on by the umpire authorized by the treaty. Still further claims,
amounting to between three and four millions of dollars, were submitted
to the board too late to be considered, and were left undisposed of. The
sum of $2,026,139.68, decided by the board, was a liquidated and
ascertained debt due by Mexico to the claimants, and there was no
justifiable reason for delaying its payment according to the terms of
the treaty. It was not, however, paid. Mexico applied for further
indulgence, and, in that spirit of liberality and forbearance which has
ever marked the policy of the United States toward that Republic, the
request was granted, and on the 30th of January, 1843, a new treaty was
concluded. By this treaty it was provided that the interest due on the
awards in favor of claimants under the convention of the 11th of April,
1839, should be paid on the 30th of April, 1843, and that--


The principal of the said awards and the interest accruing thereon
shall be paid in five years, in equal installments every three months,
the said term of five years to commence on the 30th day of April, 1843,
aforesaid.


The interest due on the 30th day of April, 1843, and the three first of