The Sun.
London, England, 1852-09-13 00:00:00

MON DAY EVENING, SEPTEM BER 13. 1852.

BUENOS AYRES.

By this arrival we have but little political news.
The resignation of Dr. Vicente Lopez, as provi-
sional governor of the province of Buenos Ayres
(says the British Packet), is considered to be a seri-
ous 1085

" His venerable age, his unblemished reputation. the
unquestionable patriotism of the author of the National
Anthem, and, we must add, in justice to the fallen, his
mild, paternal, and conciliatory qualities, are qualifica-
tions rarely to be found combined, in so eminent a de-
gree, in the same individual. His selection by General
Uri;pia!' on the 4th of February, to preside over the des-
tinies of the province,
uniformly
and the ontenance and support
dispensed to him, daring his short and
chequered administration, are facts that deserve to be
recorded as honourable in the highest degree to both
parties.
"In assuming provisional! the supreme authority
q given
General Uruiza has anyother eifi proof and
efficient guarantee of his disinterested views and
of the pa-
triotic conduct, in his choice
which
individuals who
compose the Council of State, was formally in.
stalled on the 28th, in terms of the decree;
. Don Nicholas
Anchorena being appointed president; Don Salvador
Maria Carri,i vice-president; and Dr. Eduardo Lahitte,
secretary. The council met on Thursday evening, but
we are not aware that anything has transpired as to the
subjects or results of its deliberations.
financial
"It is generally expected, however, that
matters must claim an early and preferent atte ntion_a
subject on which there is much public anxiety, and a
considerable divergence of opinion. According to the
Nacional, the late Provisional Government was prepared
with a sovereign specific in a bank project. strongly re-
sembling in its general features the outlines of a mea-
sure we republished in this journal some two months
ago; which expedient the Cronica as sweepingly con-
demns, and suggests another direct appeal to our ap-
parently inexhaustible California, the National Bank;
whilst the Progresso, with diplomatic caution and exem-
plary forbearance, has hitherto blinked the question.
We are, perhaps, too far committed to be an impartial
umpire; but, in advocating a new emission of paper
money, we must remind the Cronica of the necessity of
ascertaining the ' vital energies' of the institution be-
fore hazarding an experiment, in which our present and
future are so deeply concerned. The National Bank
has oftener than once achieved wonders; and so had
Tam O'Shanter; and yet it is reported that in some lane
of the suburbs an unknown ' Jorobado' has shorn him
of all his dearly-earned laurels. On one point, however,
we fully coincide with the Cronica, that the present
anxiety and suspense are incalculably prejudicial to com-
mercial and industrial enterprise."
The Hon. Robert C. Schenck had arrived from
the United States as Envoy Exraordinary and Mi-
nister Plenipotentiary on a special mission to the
Argentine Government.

The Oriental Republic had awarded a medal to
General Urquiza as a public acknowledgment of his
services.

Some disturbances had taken place in the provinces
of Santa Fe and Corrientes. Two divisions of the
liberating army had embarked to endeavour to put
them down. It appears that General Juan Pablo
Lopez had headed a movement, the avowed object of
which was to upset the Government of Senor Crespo,
but, after some partial successes in the district of
Rosario, he had been abandoned by his partisans, and,
according to the latest accounts, had retired to the
interior with some fifty followers.
A change of Government had taken place in the
province of Tucuman. The Chamber of Representa-
tives had expressed an unqualified vote of thanks to
General Urquiza for the invaluable services he has
rendered the Republic.
Relative to the excitement and distrust arising
from occurrences that had taken place in several
provinces of the Confederation, the British Packet
adds :

" We do not consider them of magnitude to endanger
or frustrate the objects of the National Congress; but
they certainly have paralysed, and we fear, may con-
tinue for a time to paralyse, the national career of com-
mercial enterprise."
COMMERCIAL NEWS.
(From the British Packet.)
BUENOS Aviins, JULY 31.—1 n commercial matters
July presents a sorry retrospect. The considerable de•
mand for the interior provinces that characterised some
of the preceding months has received a deplorable check
from the unhappy political excitement manifested in se-
veral of the provinces, and the consequent indecision of
those engaged in that important department of our na-
tional trade. 11l provided as we know the interior
markets in general to be, the very limited remittances of
the past month are doubly annoying, in view of the con-
siderable supplies actually arrived, and the formidable
announcements, that we must now expect to be pouring
in apace. As some months must necessarily elapse ere
tranquillity and confidence are restored, we are not with-
out serious apprehensions of another glutted market, an
evil too recent to be forgotten or lost sight of by import-
ers, and eventually prejudicial to all parties concerned.
Withal, it is proper to note that during the last few
days purchasers have come forward more freely, and
that very considerable transactions have been effected,
chiefly in the recent importations, both for the interior
and for the local consumption. Present prices, especially
for the great leading articles, can hardly be termed re•
munerative; and whether they are destined to advance
a little, or recede still farther from that important point,
must depend on the course of importation. If heavy
and promiscuous supplies are forced in, holders have no
choice but to continue clearing off, especially the descrip-
tions adapted to the interior demand. This necessity is
enhanced by the stringent limitation of time for the
payment of our heavy import duties, very injudiciously
adhered to by the Custom-house. As things now stand
we cannot compete with Monte Video; and if the pre-
sent policy of high duties and no accommodation as to
time be persisted in, our customers from the interior
provinces must repair to the rival emporium; a blunder
that may be consummated in a few months, although it
may require years to rectify it.
EXCHANGE, JULY 31.—Spanish dollars and patacons,
18. Patriot doubloons, 289 i; Spanish ditto, 290.
Bills on England, per doubloon, 675. Currency, per
dollar, 2id. Bills on Monte Video, par. France, per
doubloon, 85 fe. United States, ditto, 2 dis. Rio
Janeiro, 1/ per cent. prem. The highest price of Patriot
packetper ton,
on a t,
2 85,0001.,2401b
.Fl.,
doubloons during the week, 290; the lowest,
286
Highest rate of exchange on England during the '
675. per oz.; lowest, 665. We estimate the week,
amount of
exchangeßEiou
Tspassed—EnognlaEnnd: England for
itdheiss,
60; salted ditto. 25. Tallow, in boxes and Pipes, 255. to
30s. Bales of wool and hair, 20s. to 25s
Rio DE JANEIRO, AUG. 13,—Coffee •
reis to 3,950 reis; good first, 3,650 —Superior, 3,850
reis to 3,750 reis;
first ordinary, 3,400 reis to 3,500
reis to 3,2 Sales since l
50 reis. reis; second good, 3,200
122,000 bags, of which for E lest packet to this day
United States, 71,000 arope, 48,000 bags; for the
Hope, 3,000 bags. Stock bags; for the Cape of Good
ments 73,000. this day 150,000 bags, ship-
Sugars—White, 2,400 2 200 to
2,300 reis; Maseav to 2,500 reis; second, , .
Sales from la o, 1,700 to 1,900 reis (campos sugars).
last packet, 1,600 boxes. Stock this day, 500
boxes.,
Exchanges, gris 351;
ri_, &e.—London, 27f Ora* :F- ' " •
umaloUrgh, 650 +
~o 655; gold, 158 per cent. premium,
doubloons,l96o; stock,
28,900 reis; dollars, 1,930 to
1011 ex. div. Provincial, 100 ex. div. Commercialrum
Bank, 700 milreis. Brazil Bank, 90 to joodpa 1
edmecline of
Unfavourable advices per Teviot, cs
and sales of
from 100 to 153 reis in our coffee market,lio:aced amount of
25,000 bags were effected.
Tis a reduction in price,
bu-
siness done after so considerablef this market, and a still
augurs ill for the future o_ e
eacc.p
ated after the fur-
therdepar-
decline may perhap! b
11 in European qualities. At
tune of the packet, especiß
Y sufficiently low
a are already to admit
the same time price
of extensive operations
for the States, and we have rea-
sons for believing that large
purchases will b 3
made
soon
after the departure of the steamer.
On the whole the
market is in a state of great uncertainty, and it might
mar
only moles • d were we to venture to give tin opinion as
regards the future.

ACCIDENT ON THE RlVER.—Yesterday (Sunday)
morning, about ten o'clock, four young men were proceeding
i 3 a ligbterman's skiff off Greenwich, when they were upset
by a swamp of an Irish vessel leaving London. Three out
of the four were drowned; the names of two of them Were
William Hutt and Henry llutt. The names of the others
are unknown. It appears that they had been drinking
freely and were unable to manage the boat. Their bodies
have not been picked up.

The Viscount Melbourne has lately improved in
health. Viscount Palmerston and the Viscountess, who has
recovered from her recent illness, arrived at Brocket Hall, on
Saturday, from Carlton-gardens, on a visit to their Roble
relative.

DINNER TO MR. WAwN.—On Thursday a public
dinner was given to Mr. John T. Wawn, at the Golden Lion
Hotel, South Shields, on the occasion of his retirement from
Parliament, as an expression of approval of his public con-
duct during the time he represented the borough, upwards of
eleven years. Mr. Richard Shortridge, —2 I
~ occupied the
chair, supported by Mr. Wawn, Mr. R. Ingham, ALP., the
Mayor of South Shields, Mr. J. B. Blacken, M.P., &c.
Several toasts were drank and speeches delivered suitable to
the CCCABiOII.....NCU'CastI4 Guardian,