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Later from Mexico.

New Orleans, Feb. 25
--The steamship Tennessee, Captain Forbes, from Vera Cruz, with advices to the 21stinst., has arrived.

Mr. Pickett having resigned his consulate, came a passenger, with the exiled Bishops.

The Constitutional Government is re-organizing fast and successfully.

A circular has been issued to the States, instructing them to enter into no more treaties, and taking that power from the Federal Government.

The army is to be reorganized.

A liberal scheme of colonization has been arranged.

The U. S. man-of-war Macedonian arrived at Vera Cruz on the 20th. The Powhatan, Cumberland and Pocahontas, were about to sail.

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