...a treaty of peace with the United States commissioners at Guadalupe-Hidalgo. It was ratified by both governments, and, on July 4, 1848, President Polk proclaimed it. It stipulated the evacuation of Mexico by the American troops within three months; the payment of $3,000,000 in hand, and $12,000,000 in four annual instalments, by the United States to Mexico, for New Mexico and California, which had bec...