The Sun.
London, England, 1865-01-14 00:00:00

when it was carried that the interest on the deben-
tures for the proposed loan of 35,0001., to erect new
public buildings, should be 5 instead of 6 per cent.,
and an appropriation of 5 per cent. on customs
duties to form a sinking fund to meet the payment
of said debentures.

Grenada has been visited with heavy showers of
rain and winds from various points ; the crops,
however, had improved than otherwise ; several of
the estates had commenced sugar making, but the
general crop is not expected to be entered upon
before February or. March. Iler Majesty's screw
corvette Pylades left Grenada for Trinidad on the
93/1.

,Advices f;om Porto Rico state that there will be
a fair average crop of sugar this season, although
severalliantations were suffering from wane of rain.
In some districts cane-grinding had commenced.
Several cases of yellow fever had occurred amongst
the shipping in the harbour of St. Thomas, but the
town itself was quite free from the disease.
The struggle in St. Domingo continues without
any greater result than the raising the price of pro-
visions in Porto Rico and the adjacent islands. The
general opinion is that the Spaniards must abandon
field operations, and confine themselves to the oc-
cupation of one or two seaports.
From Guayaquil it is reported that the republic
of Ecuador is quiet, and already there is a marked
increase in the exports of cotton and other produce.
The President had returned from Cuenca, to which
province peace is perfectly restore& 4is excel-
lency intended visiting the northern ports of the re-
public before returning to the capital.

A new revolutionary movement broke out at
Carmarthen on the 11th, ending favourably for the
opposition party. The President, Nieto, sent in his
resignation to the Assembly, and this body elected
Dr. Noguera, as his successor ad interim. The elec-
tions for president in the ensuing term were an-
nulled, and it is considered doubtful if new elec-
tions will take place. Order and tranquillity had
been restored.

The elections for President of the Republic of
Salvador and for the Congress had already begun ;
the belief is generally entertained that the present
Provisional President, Signor Duefias, will be re-
elected by a large majority. The country's pros-
perity is progressing favourably. The forthcoming
cotton crop is valued at $1,000,000.
President Medina is showing great regard to the
governments of both Guatemala and Salvador, thus
refuting the rumours that had been assiduously
spread about his having formed a league with
Barrios.
The following items of news are from the Panama
Star and !Herald :—The House of Representatives
began its sessions on the 25th. The President's
message is a lengthy document, entering into the
relations of Guatemala with foreign countries, and
the material and intellectual progress visible within
the limits of the republic. The expressions of the
President in regard to the Spanish-Peruvian ques-
tion are wise and guarded, showing sympathy for
the sister republic, but at the same time not forget-
ting the friendship existing between Guatemala and
Spain. Principally interesting is the part of the
neighbouring empire of Mexico, and the relations of
Guatemala and Central America in general with the
same. The President acknowledges that he is glad
an able and firm Government has been established
in Mexico, and that it is necessary for • Central
America to come in very close contact with it, but
he repudiates the idea of a formal annexation with
the abandonment of the republican form of govern-
ment and of their sovereignty, as neither necessary
nor desired by him or his people.
VALPARAISO, Dec. I—General business is kept
dull at once by the unsettled state of political mat-
ters on the coast, by the unsatisfactory state of the
relations with Spain, and by the influence of the
stringent state of the money market in England, as
advised by recent mails.
Even an unusually large number of foreign car-
goes during the fortnight has not stirred up business
in imports. In some of the principal exports of the
country, however, transactions have been on a large
scale. In copper nearly 50,000 quintals have been
sold ; in nitrate, about 90,000 quintals at rather ad-
vanced prices ; while in flour some 45,000 quintals
have been taken out for the Australian market. In.
consequence of these transactions, charters for
homeward freight have been maintained, notwith-
standing the number of vessels to freight, and 3/. 7s.
is readily got for ore and nitrate to England.
This country is kept waiting in a state of the most
unsatisfactory suspense for some action on the part
of Peru in the Spanish question. Sympathising
with Peru, government some time ago passed a
measure declaring coal contraband of war, and now
by this time we have the vessels of the Spanish re-
inforcements in Chili waters, with every probability
that they will demand and enforce their rights to
have coal at some of our southern ports.
The solution of the Spanish-Peruvian question is
most anxiously waited for, that it may be known
how the country stands—whether we are to have a
war, or which will be most humiliating, an unsatis-
factory peace, into which Peru will be forced.
The new customs regulations which came into
operation on the 19th Nov. do not give general
satisfaction, and the merchants of Valparaiso are
preparing a protest against the new import duties.
A new Government bill has been approved by the
Chambers for raising in this country within two
years a loan of three millions of dollars. This amount
is required in addition to the loan presently attempted
to be raised in Europe. '
COMMERCIAL.—Exchanges : on London, 60 to 90
days, 44d. to 45d. ; Paris, 4.70 to 4.75. Bullion—
Bar silver, per mare, fine, $lO 62i ; hard dollars,
8f per cent. premium. Flour, per bag, 100 lb.,
$2 37i to $2 50.,
LIMA, Dec. 13.—Disgust must be the feeling
uppermost in the mind of any one interested in Peru,
and waiting for tidings of some settlement of the
Spanish-Peruvian question, when we say that an-
other fortnight has passed, and not one step has
been advanced nearer to a solution.
After all the fuss being made when last mail left,
although the Spanish squadron had lost the admiral's
ship by fire, although it was known for certain that
if Peru was not for ever after to be laughed at for
her idle threats and want of action, now was the
time to execute such threats as she had been making
for some time past, before the Spanish reinforcements
should arrive, yet to this hour nothing has been done,
or even attempted to be done. It is now said that
the South American Congress have interfered
to prevent war till they have tried what they can do
by further negotiations, and here the matter rests.
By a small steamer, the Hannay, from Valparaiso,
chartered by the Peruvian consul here, and sent on
direct to Callao with news of the Spanish squadron,
we learn that the first of the frigates, the Berenguela,
of 30 guns, had arrived at Valparaiso, and that the
other ships of the reinforcement squadron were
already in Chili waters. The Berenguela sailed from
Monte Video on Nov. 6, and made the passage in
28 days, nearly all the way having been udnderbes,
fore
ye rbi leld
,aIP Captainrais
she parted company with other ships a v
not allowed
Valparaiso she
ay
to be embarked. On anchoring ,ct.
shesom eenfterersehdprthoveisSitornasits,ebs.tu:stShshheeisptoor:lesherawedr
ticularly noticed.
fired notep salute,
henso na,
From Peru we have nothing else worthy of re-
ed at Esqmmalt on the 16th of vhard luck all the way up the coast.
bilr-doan.f hderas
fpea: .n
naval
No-
vember, bringing two of the mutineers from the
awsapnritsoonf
ercso.urnteseycwhicyhbasspeeanar-s
remain at Esquimalt three weeks, at the
hvaair
:do
gf
which time she will leave for England
San Francisco her fuel ran out, and
v.TAljt
ooauh
ntshr
expiratione natr,
voes r?
shenwerasßorbitaligilielidetol‘lobatnui
wr Lon an
gunboatsd nn
e
wmiatrhkt.heEcxrechwasugoef
n
pensioners.
The Sloop Random, on board of which, it will be