The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1849-11-12
News from the south Pacific.

We have received, across the lshmus, and by
the Empire City, Ell Merc,rio, Of Valparaiso, TO the
20lh, and Ell Cmreo, of Lima, to the 18th of Sep
TENDER.
There is some political Intelligence of interest in
them (See marine head for ship news)
The question at W. paraisO, of the monopoly Of
cascsrla bark, is much agitated in the public Jour
mails. proposition to grant the exclusive privi-
lege of the expectation Of cascara for ten years,
meets with much favor from the Governor and
Dictator Bazu, and Is opposed BY the editor of Ell
Muesrio with much warmth 1t appears that theirs
exists already a monopoly Of this branch of COM
mercc, and that the Dictator is DESTROYS of abolish
ing II, for the mere purpose of establishing another,
more profitable to the government.
There exists, Also much excitement II relation to
the establishment of bank A meeting of mer-
chants and Others, upon this subject, called,
to be held on the 18th OF September last, the object
of which meeting was TO protest against the ma
nagenent of the bank of Messrs. ARGOS, and TO
petition for an organic law, tor the establishment
OF a new institution. No particulars, however, are
given OF the principles on which this new bank Id
proposed 10 be constructed
Letters from Valparaiso, received at Panama, Of
the Both OF August last, state that the reacionary
or reuogIade party had again got into power, in
conse qutRce Of which the struggle between the
two parties In that republic has become most fiery
and bitter. Vial is at the head of the liberals,
and Mouttel at the head OF the retrogrades.
We learn from Bolivia that desire for the res
friction of The command of Santa Cruz. and the
ACCOMPLISHMENTS of the confederation under new
programme, has taken possession of the public
mind. GeDerel Belzu has exerted his utmost vigil
lance TO put down tins spirit but finding It mpos-
sible 10 do so, he has got rid of the old Protector
by appointing him minister plenlpotentiary 10 some
European powers
La Paz has been thrown into great excitement
by the discovery of great placer Of gold Reports
from that city, state that an Indian, who was gath
erng cascara bark, on the mountain of TIssoa-
nj, SIT down, TO rest himself, on the borders OF
ANAL rvu!et. There he saw some small shining
gains, which he picked up, and discovered to DO
gold Here, then, he stayed TIL next day, gather
ing up the gold, and in those few hours he had
gathered twen,y-one pound. OF the precious metal.
As room as he got back 10 La Paz, and related his
good fortune, several companies of people set out
for the spof, in the hopes Of q new California,
nearer home.
Generals La.fuente and Virianeo have gained
great popularity in Peru, and received great num-
Der Of votes for The Senate. The first, on his
turn to Lima, after his banlshment, was received
with the greatest manifestations Of esteem.
Letters from Puma and Arequipa state that those
two departments were exclusively occupied with
the important subject Of the discovery of gold
placer, Of immense richness and extent in the
neghboJhood OF Para, IN the province OF Carabaya.
All the world was rushing TO this new discovered
Ell Dorado.
The election for president of the republic Of
Ecuador, hes between General Elizalde, of this
ministerial party, and Senior Novoa, of the OPPOSE
ton. The former seems to stand the best chance
Nothing is now thought of Flores he has lost all
bis prestige and influence. from his uniform bad
success in every thing he has undertaken