The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1848-04-15

Sixteen Days Later from South America.
BY the arrival of the beautiful tsstsailing clip
per.bark Isbalita Hyne, Capt. Dewing, we are in
possession of full files of the formal do Conner
clio and the o Mercanta, published at Rio janet
70, to the 7lh of March, inclusive.
The Isbalita Hyne has made an excellent
voyage, being absent but 81 days She eft this
city on the 10th OF January last, and reports her
own arrival out. She is one of the finest, and
by far the most costly vessel of her class in ser
vice-built for gentleman of this city, by James
Hammet, of Philadelphia.
The papers at hand are destitute of any polti-
cal intelligence.
The French steam frigate Magellan, with Ba-
ron de eros, the French Envoy for Buenos Ayres,
on board, arrived at Rio on the 4th The latter
was to proceed, in company with Mr. Gore, the
English charge, to the River Plate, in orderto
make another, and, it is to be hoped, successful
attempt 1t effecting settlement of the long pro-
tracted River Plate question-protracted thus
long merely by the English and French interven-
ton. The prevalent and wefounded opinion
in Rio was, that the French government, at last
convinced, not only of the injustice of their
and infringing the rights of the legal 60
vernments OF the Argentine and the Uruguay
republics, but also OF the lneEicacy, illegally
and folly OF their Buenos Aylean blockade, have
now finally also come to the resolution to follow
the English, In backing out of the question, by
| raising the blockade, and not resisting any
longer General Oribes entering the town of
| Montevideo as legal President of the Oriental
| Republic, for a certain period; after ich an
other presidential election is to take place.
This, surely, would be the BEST and perhaps
the only, mode of their getting out Of scrape to
n pnh kxyf
of certain individuals at Montevideo, who, for
trife, had bought of the hard pushed Montevi-
dec town government the custom-ho and all
other revenues of said place, for several years to
come; and as their gains were enormous, as long
| as this anomalous state OF things lasted, they
were not slow to use all means in their power to
| keep 1t up; and In this they have admirably sue
| ceeded, by duplng the former English and French
agents and chief naval commanders, and making
them converts to their interest.
1t will be matter OF some curiosity to know
what course the provisional! government Of
France will take In the affairs of the South
| American republic
A conference was about to take place between
the British commissioner and the Brazilian au-
horites, before their departure Tor the river. 1t
is thought the Brazilian government will hence
forth act more In accordance with the policy and
wishes of the English and French governments
than 1t has hitherto done.
Herald Commercial Correspondencel
Rio DE JANrIRo. March l, ls4s.-lmports were 645s
bbs nour IS packs domsstics do tea bills rosin
packs tsoks and nails aud Flour-Ths arrivals
having bsen sales to fair extent have been made
sS1 IT 1000 SS? a. S 70, RicS%ond net ss
So and some few retail sales ct rather higher rates
The stock in rst hands 10 reduced 1000 bbls Haxa
held at 22h000, 5000 Richmond county at $4,000, and
1900 Baltimore le500 These prices however, al
most nominal the bakers Icing Supplied for the present
and expecting further arrivals They hold about 6 600
bills. Dates from Montevideo to the 9th ult Some
arrivals Of -four and wheat having place Chill
uettsd SIX stoci, 10 600 bbis AtRio Grand., on the
9TH the stock was 5000 bbls Richmond retailing at
aieoo; Baltimore being more vented, would bring $4,000
sold stripes in bales In the Custom House at $685. net
IN cts blue drills ago net 10 80 in shrtings lso
net 6k cts brown drills quite uDsalesbe and
forced would not bring over 900 r. 6x The
ket is vr y dull and can bs expected at
quality having been made at lN40O, mos, to net $50.
superior more salesbe. some has been placed At ri
| TO report; quote 100000 to nett sal. Rosin-The
sales have been regular at 4o00 to net TO- Candles
76os in fm. lots; The dealers only offer 72Ors net $50
Tne stocks estimated sufficient for 10 ~ No
.a 70, ,.
ened and cannot now be quoted over 600 6a0re nett
per bush.l fr o" are dull We quot:
40 Q 2sOrs. net 10 . l01c Business generally has
oeea excessively dull, end even more limited than
J.auary The purchases only for actual want and
stocks Of ali kinds of imports very h-avy. Coee-Fine
weather having prevailed through the month, the sup
plies have regulsr hut the demand has been fully
sorts for Europe Suprriors ruled rom 2eOO
8uIO0 OK 6xc board Good hrsts 2N 100 2uSJO
or So 30. Regular frsts 2600 or $40 Inc stoek Is
ab,ut so 600 bsss Extreme dry weather since Decem
Der reported to have done serious injury to the
Drop ready for picking In the lower districts and
estimAtss made that there will be falling of
pared the last crop ofS000 $50 600 bags The
wehave had only three rainy during the two hottest
moutbe, and when the coffee requires 1t most proves
there every fear considerable decien
cy The total export in February l73 $50 bags of
which so SIS the United states The
export Europe during the period Of the crop Of s
compared with l946 e months) IL 1853 332 Hdes
The arrivals have been about .qu~l to exports The
81 cts board River Plate, 1875 to lao Ils ~ to
ctt board Stock $50 e00 large part being heavy
ADD ordinary. At Mont video and Rio Graude hides
scarce and costirg sX and 81 cts. on board Elk
change has declined gradually to AID TO 26Ad, but
1. now firm AID Specie in better demand Pat
souboops $4,000; d.. dolls 1920 Fregsts-Athough
there are but vessels pg aged freghts
bIsk the United States and 10 to 81 Is
to Europe the last ra'es
MAscH 6th-The "A ctve, " from Baltimore, and NAL
of -four have bern moderate at 22 for fresh Hax
ell, 800 old DO ISL 1911 Richmond country Although
the is much reduosd the market IL dull and
should several cArgors arrive together fear 1t would
decline Coffee without change-sock 60 600 bags Ex-
change AID.
| FOREIGN PosTAeE.-The foreign postage bill
introduced into the House Of Representatives at
Washington, has passed that body, and it is to be
| hoped that it will pass the Senate likewise, and
become a law very soon. 1t is known that the
British government, by charging heavy postage
on letters transmitted by American steamships
| to England, has attempted to monopolise the