The Sun.
London, England, 1866-03-24 00:00:00

LA TEST INTELLIGENCE.

(REUTER'S TELEGRAMS.)

AMERICA.

(Arrival of the North American, via Greencastle,

NEW YORK, MARCH 10 (Evening]

SPAIN.

CADIZ, MARCH 23, Evening.

FRANCE.
BOURSE, March 23, Three o'clock.—The marke
closed at the following quotations :

4/ per Cents 97 30
Do. and month —
3 per Cents. 6B 55
Do. end month 6B 42i
Credit Mobilier 672 50
Do. end month 673 75
Bank Shares 3600
Credit Foncier —
Italian Loan GO 90
Do. end month 6O 95
BAIL'

Roman ............
Ottoman Fives.,,.,,
Mexican Loan ...... 48 50
Do. 80nd5..,.. 303 25
Russian..,.,..
Austrian ............
Spanish Threes ...
Home Debt .........
Deferred ............

rAYB.
Cash.

Orleans ,
Northern ,

Acct.
... 875 -
- ... 1125 -
- ... 887 50

Lyons and Mediterranean
Southern
Western
Eastern
Sardinian
Austrian
Lombard
North of Spain
Saragossa
Ditto to Barcelona
Roman ........

- - ... 555 -

... 540

- -
... 125 -
- -
... 396 25
- - ... 406 25

- - ... 221 25

1

.05 -

THE WAR IN THE BRAZILS.

RIO DE JANEIRO, Feb. 24.
Advices have been received here from Buenos
Ayres of the 15th and Monte Video to the 16th

inst. The news from the seat of war is anything
but satisfactory, and proves beyond contradiction,
not only the audacity of the Paraguayans, but,
what is much more serious, the most extraordinary
want of vigilance on the part of the vanguard (corn-
, posed entirely of Argentine troops under General
Hornos) of the allied army at the Passo de la
Patria. It is now ascertained that Paraguayan
forces have been continually crossing and recrossing
the Parana, without any attempt being made to
determine their number, object, or the position
occupied ; consequently, no surprise can be felt at
the unfortunate consequences brought upon them-
selves by those whose duty it was to be on the alert.
On the 31st of January a Paraguayan column, said
to have been composed of 3,000 picked men, who
had crossed the Parana without exciting the atten-
tion of, or, perhaps, unknown to the Argentine
forces, attacked the latter at eleven o'clock in the
morning at San Cosine. They were finally driven
back by the Argentines, who fought very bravely,
although not before they had made sad havoc among
their officers and men, and carried away, it is said,
two Argentine colours.

TLe loss of the Paraguayans is not known, as
they carried away all their wounded and withdrew
in the best order. The Argentines are said to have
lost 390 officers and men killed and wounded ; 189
wounded were in the hospitals at Corrientes.
Among the killed are Colonel Serrano and Major
Marquez. Among the severely wounded are one
colonel, two lieutenant-colonels, and a major. The
Paraguayans appear to have picked off the offi-
cers, as, comparatively speaking, the number of
casualties amongst them is very large.
One most extraordinary fact in this affair is that
the Argentines spent all their ammunition long
before the action was brought to an end with the
bayonet, and as the Paraguayans retreated into the
wood they could not be pursued by troops without
cartridges. When the engagement was over not
even the officers had a charge left in their revolvers.
Much blame has been attributed to General Mitre
for leaving the position of Passo de la Patria so
unprotected, and for refusing to reinforce it with
a division of Brazilians as proposed by General
0 orio.

Admiral Viscount Samandare left Buenos Ayres
on the Bth inst. for Corrientes to take command of
the fleet. He also has been severely censured for
delaying his departure, as for some time past there
has been sufficient water in the rivers for naval
operations. The fleet now consists of four ironclads,
one frigate, six corvettes, nine gunboats, four small
ditto, one schooner, and four floating batteries.
Intelligence may therefore be shortly expected of
some decisive combined movement by the army and
navy.

The draft of the statutes of the International
Emigration Society has been read before a general
meeting of the members and unanimously approved.
They are preceded by the following preamble, which
clearly establishes the principles of the associa-

on

" Considering that the prosperity of Brazil de-
pends upon the development of free labour and the
influx of foreign capital and foreign workmen, and
that to replace slave labour abundance of free labour
is necessary, and consequently a current and spon-
taneous emigration.
" Considering that the want of information and
direction is severely felt by the immigrant on arri-
val at our seaports, and that it is urgently necessary
to protect him when he arrives and while ho remains.
" Considering that, in addition to this assistance,
the moral interests of immigration in general should
be protected by securing the future of the immi-
grant, and guaranteeing his religious and personal
liberty.

" Considering that some of the laws of the coun-
try are opposed to these objects, among which are
—those which establish a distinction between the
native and the neutralised citizen ; those which do
not recognise; the perfect validity of civil marriage
without ecclesiastical intervention ; those which
limit perfect religious liberty and equality ; and
those which have contracts of service impossible for
their severity.
" Considering that these laws require revision.
" Considering that so important a reform re-
quires discussion, and that the country be con-
vinced of its necessity.
" Considering that so arduous and difficult a task
exceeds the power of any single individual and
claims powerful social co-operation.
" Considering, moreover, that great results may
be obtained by the spirit of association and by popu-
lar discussion.
" Considering, finally, that good service might be
done by studying, discussing, and promoting the
above-named practical questions.
"Many Brazilians and foreigners have resolved
on forming the International Emigration Society,"
&c.

The directors of the association are seven in num-
ber, of which four are foreigners and three Brazi-
lians. One of these latter is Mr. Savarcs Bastos a
member of the Chamber of Deputies, well known
for his advanced liberal opinions.
The third iron-clad, the Rio de Janeiro, built in
Rio dockyard; was launched a few days Sine?.
The Chambers will open on the 4th of March,
when some financial measures of importance will
be brought forward.

SALAMANDRINE DRESSES.—The fabled salaman-
der, which was reported to live in fire, has suggested the
idea to Messrs. Samuel, Brothers, of Ludgate-street, of ma-
nufacturing incombustible articles of attire for smiths,
iron-puddlers, glass-blowers, and others carrying on their
operations in the presence of fire. The result is partly
accomplished by the incorporation of asbestos, commonly
known as mineral wool, and partly by itnprogna.tion with
incombustible cllernical salts.—Tho Grocer.

Money abundant. Gold declined this morning
to 1291, but rallied since, and closed at 132.
Exchange on London, 143 ; on Paris, 395. Stocks
dull. New York Centrals, 92 ; Illinois, 1154 ;
Erie, 824 ; 5-20 Bonds, 1031. Cotton dull.
Middling Upland, 42. Flour declining. Wheat
and corn dull. Provisions declining. Coffee dull.
Sugar heavy. Molasses quiet. Petroleum dull ;
crude, 2q ; refined, 44.

The Mail steamers from the Spanish Antilles has
arrived here. Advices from Cuba announce that
the inhabitants were about to open a patriotic
subscription to assist the Government in the war
against Chili.