co and the United States. A rapid succession of brilliant victories by the troops under Generals Taylor and Scott, soon placed the capital and all the strongholds of Mexico in the hands of the victors; but the power to dictate the terms of a peace were used with moderation. The government of the United States assumed the payment of all the claims of its own citizens against Mexico, and agreed to pay $15,000,000 for a boundary line beginning at the mouth of the Rio Grande, then up that stream to the southern boundary of New Mexico, then across to the river Gila, and down to its mouth; with free navigation to the Gulf of California, and thence across to the Pacific. The treaty was concluded May 30th, 1848. In the same year gold was first discovered in the newly-acquired territory of California.
On the 4th of March, 1849, Gen. Zachary Taylor was inaugurated president of the United States. He died in July, 1850, and was succeeded by the vice-president, Millard Fillmore. In September, 1850, California was admitted into the Union. On the 4th of March, 1853, Franklin Pierce was inaugurated president. The 'Gadsden Treaty,' by which the Mesilla Valley was acquired from Mexico, was made Dec. 30, in the same year. By act of June 29, 1854, $10,000,000 were appropriated to carry out the treaty; $7,000,000 to be paid upon exchange of ratifications, and $3,000,000 as soon as the boundary line should be surveyed and established.
Thus have been briefly sketched the leading events, political and civil, of the history of the United States, from the first feeble and scattered colonial establishments to the formation of a great and prosperous nation. The great problem of the possibility of a permanent and well-ordered republic, on so extensive a scale, doubtless yet remains to be solved. It depends on the INTELLIGENCE and VIRTUE of the people, whether it shall be solved as the friends of free institutions desire. Theoretically the most perfect of all forms of human government, it requires, beyond any other, the presence of these conditions to preserve it from becoming practically the worst.
