The Sun.
London, England, 1868-05-11 00:00:00

TALLOW.

The market is st4ady at 435 61 on the spot. Stock
22,472 calks, against 22,024_ casks last year ; deliveries,
774 casks, agaiust 711 casks last year; arrivals, 32 casks,
against 658 casks last ytar.

COTTON. •
LIVERPOOL, May I.l.—Sales pr)bably 7,000 bales. Mar-
ket Lit, with downward tendmacy.

TILE WAR IN PARAG

The news from the River Plate and the Brazils,
by the Royal Mail steamer Seine,
is highly inte-
resting, as it proves that the war in Paraguay is
far from ended, notwithstanding Brazil tries every
means to make her European creditors believe the
contrary. The passage of Malaita by the
Brazilian irouclads, told to the world as the
greatest of naval victories, has been as yet of no
service to the Allies, as their ships cannot move for
want of coal and atutnunition, and an oil American
blockade runner has been engaged to run the
gauntlet of Hutnaita, and take coal at the rate of
£3O per ton to the ironclads at Tayi. Marshal
Lopez has concentrated his lines and taken every-
thing valuable from Curupaity, destroying the
places with fire, and leaving only the naked spot
where once Curupaity stood to the Allies, who sing
another victory, proclaiming the c tpture of Curu-
paity. llumaita was left with a garrison of about
5,000 to 6,000 men, provisioned for a long siege, and
able to hinder, if not stop, the navigation of the
river. Marshal Lopez himself and the bulk of his
army are fortified on the Tehicuari with all the heavy
artillery taken from Curupaity. All this was done
under the very eyes of the Allies, who were unable
to check his movements. On the 2(1 of March the
Allies made a reconnaissance, which has cost them
many lives, and then only they learned that Lopez
had changed his base of action. As the number as
well as the resources of the Paraguayan army are
entirely unknown to the Allies, it is very difficult
for them to calculate or plan an attack in a country
of which they know nothing, but of which Lopez
knows every inch, supported by a patriotic popula-
tion. The expenses of the war are daily getting
heavier, and Brazil, notwithstanding every effort to
meet her engagements, will not be able to do so much
longer if this war should, as appears certain, last
for some six or eight more months. The Argentine
Confederation never presented a sadder aspect of
anarchy than at this moment. The very moment
the Government troops left Rosario (on the 24th of
March) the revolution broke out again. At Cor-
rientes General Caseras, a Gaucho, had thrown
some of the best citizens into prison, and others
were forced into his private escort as common
soldiers. These arbitrary measures were done to
secure the election of one or the other candidates
for the Presidency. By the last account we
see that General Urquiza has come out pub-
licly as a candidate for the Presidency, and as
he is the richest and most influential person in the
whole Confederation there is little doubt as to his
success. The election of Urquiza is tantamount to
immediate peace with Paraguay, and the dissolu-
tion of the alliance. Brazil, knowing this, makes
every effort to have Dr. Elisalve, the Minister of
Foreign Affairs of General Mitre, elected. Elisave
is in the hands of Brazil, through interest and
family connection. At Montevideo things have
settled down in an uncomfortable quietude, and the
outbreak of new disorders is hourly expected.
The Government is accused of many acts of
unjustifiable barbarities against the members of the
opposite political party. At Rio the papers begin
to ridicule already their allies, calling them
" Suisse," and their generals and officers as so many
hirelings ; and whatever was done in Paraguay
was only achieved by the brave Brazilian army and
navy, which, as every one knows, consists only of
liberated slaves. Emigration makes very slow
progress in Brazil, as the treatment the immigrants
receives disheartens them.

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STEEPLECHASES.
OCTOBER.
Bromley
DECEMBEII.
St. Albans .............. 4... 1 , Ealing 26
KiuSsbuq. ............... i,. $ I .