Star.
London, England, 1825-09-24 00:00:00

BUENOS AYRES.

-.: .

We have perused some letters from Buenos Ayres,
of the kktfr of July, which add some interesting facts to
those con'ained in the extracts from the New York
Journals, as given in our Paper of Yesterday. The state
in which the breaking our of the war with Brazil has
placed the Buenos Ayres Government, has become, on
account of the suddenness of that event, a very critical
one. The Federation, in point of physical strength and
resources, appears to be no match, unassisted, for the'
power of the Emperor, whose hostile intentions have
been placed out of doubt by the int a-ion of the pro-'
vince of Chiquitas. It has been determined, therefore,
by the Government of Buenos Ayres to call in the aid
of the Liberator of Peru, the illustrious Bolivar, for
which service General Alve rt. was deputed. He left
Buenos Ayres on his mission in the beginning of July
last, for the purpose of proposing to Bolivar, as it was,
understood, an alliance offensive and defensive, whose
avowed object would be an active co-operation for the
purpose of driving back the Brazilians within the
limits marked out by the treaty between the Portuguese
and Spaniards in the year 1778. 'To this undertaking,
it may be further stated, there was believed to be every
disposition on the pin of Bolivar to accede; indeed,
views of a still more important nature were supposed
to be entertained by the President, with whose plan of
liberation for the whole of the South American Con-
anent, the existence of any Monarchical Power is consi-
dered incompatible. The disproportion of naval
strength between the two belligerent Powers, as we
may now term Buenos Ayres and Brazil, is still greater
than in their military force, the Emperor having in the
Rio de la Plata and in the Uraguay alone, a squadron
of nearlz twenty vessels, while the Republicans are pro-
vided with only two small brigs of war.
The city of Buenos Ayres is represented to be in a
state. of great excitement, caused by the intelligence
from England of the establishment of the Mining As-
sociations, and the. spirit of sanguine speculation to
which they had given rise. A party of the agents and
managers of the Rio de la Plata Mining Association
had arrived; but their movements are said to have ex-
perienced a sudden check on finding that most of the
mines had been disposed of by the local Government.]
Till this point, therefore, had been adjusted by the Cen-1
tral Government, it was impossible for them to proceed
in their operations. The price borne by shares in under-
takings of this description, as exemplified in the London
list of quotations, had produced an reflux:of new specu-
-1 rtions in Buenos Ayres equally ardent with ours,
though on a smaller scale. Among the projects, as an-
nounced in the papers, may be mentioned one for build-
ing an Exchange; another for erecting warehouses in
different parts of the city; a third for forming docks;
a fourth for building a Custom-house; and a fifth for
cutting a-canal from the Rio de la Plata to the Ura-
guay, a distance of thirty miles, the cost of which may
be conjectured when it is stated that its course would
lie through a marshy soil, in a district where the price:of
labour was excessively high, and where neither timber,
nor coals, nor stone, nor earth for making bricks, were to
be found. The state of the agricultural or colonizing
speculations, as connected with the provinces of Buenos
Ayres, does not appear to be in a more favourable train
than those relating to the extraction of the precious me.
cals. Whether from too great expectations held out to
them in this country, or from some other cause, the
emigrants who had arrived are said to have been in
state of extreme disappointment. They came out, it is
said, with most extravagant notions, expecting to find
a large estate in high cultivation, divided into small al-
lotments, which each emigrant was to occupy, with all
the privileges of citizens, and the rights of independent
freehdders. Their houses, they understood, were to be
built, and the enctesures made, by the union of the skill
and ludostry of the whole body of emigrants. None of
these advantages, they now find, exist; and there re-
mained no alternative for them but that of embracing
the protection of the Government, which was proffered
them on the ter ms originally made by those who sent
them out, but-which they had refuied. They felt re-
luctant to place thenr.e.ves in a state of dependence
which might render them, if an improper use were
made at it, like those unhappy beings well known in
the United States by the n.rme of Itedemptioners, whose
sigVery was but a few deg, ees more mild than that of