The Sun.
London, England, 1862-08-21 00:00:00

SOUTH AMERICA.

(Per French Mail Steamer Navarre, via Bordeaux.)

BUENOS AYRES, JULY 17.

There are no events of striking interest to report
by this mail, but we look with satisfaction on the
steady progress of General Mitre's Government in
arranging and moulding together the incongruous
elements wherewith he has begun to raise up the
edifice of Argentine nationality.
Since the sailing of the British mail numerous
applications from men of property have been made
for cotton seed. Cotton is now being sowed in the
Banda Oriental, Entre Ries, Santa Fe, Corrientes,
Mendoza, and the other provinces.

The last fortnight shows a slight improvement
over the previous one, although business has been
transacted in a very limited way. Saladeros have
slaughtered only 4,250 head of cattle since last mail,
which makeup to date a total of 278,000.
BAHIA, JULY 27.
No sales of coffee have transpired during the past
week, dealers being occupied with the delivery of
former contracts. Freights for the Channel and
British ports effected at 50s. per ton for Liverpool,
charters at 425. 6d. Exchange has varied between
21d. and 261 d. About £40,000 have been effected
by this mail.

PERNAMBUCO, JULY 31..
Receipts of sugar during the past fortnight have
been small, and it is supposed that nearly all the
present crop has come to market. The stocks in
the dealers' stores are also limited, and prices of the
better qualities of whites have advanced 100 rs. per
arroba. In yellow qualities there is little change,
and Channel browns are 80 rs. per arroba lower.
RIO DE JANEIRO, JWLY 25.

The Senate of the Argentine Republic has re-
solved to postpone the choice of a Federal capital
for three years. For this period the national autho-
rities will continue to reside at Buenos Ayres,
which, with the province of which it is the capital,
will be regulated and administered by Federal
authorities, in the same manner as the district of
Columbia in the United States.

The Government has laid before the Chamberi a
bill bringing into operation, throughout the whole
of the Argentine Confederation, the customs law
and tariffs of valuation which previously exited in
the province of Buenos Ayres alone. The bill
will apply also to the additional duties imposed
upon imports and exports in the province. It is pro-
posed that the bill should become law upon the 18th
October next. The revenue derived from the cus—
toms duties will be applied exclusively to the re-
demption of the public debt and paper money. In
any case a portion of the produce of the ordinary
duties would be specially applied to the payment of
the coupons of the foreign debt contracted by virtue
of the treaties of Aug. 25,1858.

Congress is occupied with a bill for construc'cing
a railroad from Rosario to Cordoba. The Provin-
cial Assembly of Buenos Ayres is considering a bill
for the emission of 6,000,000 of piastres (fortes),
The Government of the pr'jvince of Santa Fe has
issued a decree declaring all mercantile men, of
whatever nationality, qualified to belong to the
Chamber of Commerce.

A report is in circulation that Urquiza hRs de-
spatched a secret agent to the Government of Monte
Video to propose the formation, with the Eastern
Republic and the Argentine provinces of Corrientes
and Entre-Rios, of a new confederation, to rival that
of which Buenos Ayres is the centre.
At Monte Video the question of the Anglo-French
claim has been settled by the following convention :
His Excellency Senor Don Antonio M. Perez,
ad snterirn Minister of the Interior in the Eastern
Republic, and MM. Martin Maillefer and C. W. G.
Lettson, charges d'affaires of their Majesties the.
Emperor of the French and • at
Britain respectively, havin, if
the Minister of the Interim

purpose of settling the sum
and French subjects for i

time, referred to in the con

iFficleorthat convention

lowing stipulations :

6, 1. The sum of 4,00C,100 u.
is settled as the total and deft.
French claims above-mentione

A•nglo-
_ :esonted
J, 200, and
he English.
it among

by special bonds, payable to bea.
100 piastres, ehall be remitted to

and French Governments, who el,

the persons interested.

" 2. These special bonds, payable to ---e, shall bear an
annual interest of 5 per cent., and shall be redeemed within
a maximum period of 30 years, divided in to six periods of
five years each. The redemption is to be of 1 per cent, for
the first period, of 2 per cent. for the second, of 3 per cent.
for the third, of 4 per cent, for the fourth, and 5 per cent.
each for the fifth and sixth periods.
" 3. It is also agreed that if, during the period of 30
years provided by the preceding article, the Eastern Re-
public shall find itself in a position to pay the whols or a
part of these bonds it may do so in anticipation of one or of
several periods, without in this case interest becoming due,
notice being given six months in advance of the day when
the payment ought to take place, in order that the holders
of the bonds may present themselves to receive their pay-
ment in full.

" 4 The amount requisite for the payment of 'interest,
and for the redemption of the said debt of four millions
will be forwarded by the general revenues of the Republic.
The sums corresponding to each year shall be recovered
monthly by the products of the taxes upon stamped paper,
and upon patents.

" It is understood that if from any cause the taxes upon
stamped paper and upon patents shall not be sufficient, the
Government of the Eastern Republic shall be :under the
obligation of completing the sums necessary for the monthly
remittance.

" 5. The sums thus monthly recovered shall be deposited
by the Government of the Republic in a bank of the metro-
polis, which shall furnish receipts of the amount in dupli-
cate. One of the receipts shall remain in the hands of the
Government, the other shall be remitted to the agents of
Franca and England, and the Government of the Republic
will remain responsible until the realisation of the pay-
ments.

" 6. The interest and redemption to which article 2 refers
will begin to take effect from Ist April, 1863, and from this
date the Government will cause the sums corresponding to
each month to be remitted monthly to the bank entrusted
with the payment of the debt, in conformity with article 4.
" 7. The payment of interest and :of redemption shall
take place every six months, in proportion to the sum cor-
responding to the period which has expired, through the
banking-house appointed. The first payment shall be made
in the first five days of October, 1863 ; the:second in the first
five days of the month of April, 1864; and the said months
of April and October are appointed for the other successive
payments.

" 8. The payment of interest shall be made by the bank
entrusted with the operation at Monte Video, at Paris, and
at London. But the payment shall only take place in one
or the other of the two last capitals, upon a number equal to
one-fourth of the existing bonds in circulation in those
places, and after notice to the bank, six months previously,
of the number and amounts of the vouchers destined for
circulation in one or the other of the above-named places.
" 9. The redemption can only take place at Monte Video,
and will be made publicly, by means of tenders to be pre—
sented to the bank sealed, upon the days appointed by-
article 7, and at an hour which will be designated. The
agents of France or England may be present, or cause
themselves to be represented upon this occasion, and the
Government Comptroller is bound to be present. The most
advantageous tender will be accepted.
" In approval of which, we, &o."

FATAL RAILWAY ACCIDENT TO A TOWN
CouNclLLon.—An accident took place on Monday night,
at the Staleybridge station of the London and North
Western Railway, by which Mr. Martin Travis, provision
took place on Tuesday afternoon, when
Mr. Thomas
life.dealer,
TShtea enycibur ie
inquest
e, and one of the town council, lost his
tilsgieanother town councillor who was in
he train, that he was five or six carriages behind
the deceased. Before the train bad quite stopped he heard
a scream, and, whilst the train was in motion, saw several
persons running. Witness ran, and ultimately got over the
train to the deceased whom he found lying under a carriage.
stated
The deceased said he thought it was the door had knocked
him down. Witness was quite certain the train had not
stopped when he heard the scream, as he was anxious to
get out of the carriage, and should have done so if the train
had stopped. He believed the train travelled about thirty
yards after he heard the screams. The inquiry was a
lengthy one. The coroner said he could not see that any
other verdict could be come to than that the fatality was
accidentally caused by the deceased getting out of the
train while in motion; and a verdict of " Accidental death"
was unanimously returned.
A sa i accident happened two evenings ego at
Havre, during the representation of the gymnastic troop of
MM. Maze and Leyznoie, in a large tent on the Boule-
vard Imperial. A youth, about 16 years of age, named
Lionny, English by birth, was going through the exercise
of the trapeze, when he missed the second one, and fell to
the ground, breaking his left arm in two places.