The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1851-07-26
The Argentine Republic.
MONTHLY RETROSPECT

from the Buenos Ayres Packet, May al
During the past month there has been consider
able stir in the general market, partly from ordin
airy causes the necessity Of winter supplies pur
chasers laying in LITTLE more freely, from the ap
prehension Of some possible complications in the
political world. Some wholesale dealers from the
Interior provinces have also contributed to the long
wished for movement; and to both these we may
add some specula alive transactions, to which we at
tach little real Importance. In fact, comparatively
little has been done in the last mentioned line; as
parties deferred by the heavy stocks existing,
in almost every department, which renders none
poles impraccable, whilst the bitter experience of
1S49 has left salutary impression, not likely to be
soon forgotten.
Swayed as importers necessarily are by the mar
ketable value of the precious metals, and its cor
responding effects on the current rates OF exchange,
it cannot in general be said that wholesale prices
have advanced; and bearing in mind the very con-
siderable importations of the month in question, We
suspect thatNthe stocks on hand have not been sem
sibIy diminished
In normal circumstances we might anticipa to a
prospective relief, In the greatly increased coa-
sumption of this province in particular, and OF the
republic in general; but some considerable time
will be required to recover from the withering
effects of the long continued drought that PARALLELS
all our energies, and eectually circumscribes
means Of expenditure.
Brazilian blockade of these ports is, to say the
least, improbable; yet momentary scufie with
Governor Urquiza may pro badly aggravate, for the
time being, the stagnation under which We have
been so long laboring. The permanent interests of
trade and commerce are indissolubly united with
peace, order, and industry and it is to these, and
these alone. that we would direct the attention of
the foreign commercial communities with which we
connected. Every foreign iaterve alton, to pro-
long and perpetuate our fratricidal wars; every
dollar advanced by European treasures to subsi-
die South American combatants; every recruit
SENT allowed to be SENT to engross their ranks is
act Of suicidal folly, that tho ignorance of bar
of national rights and national honor, war may be
inevitable; but let the apathema of enligh ened
age fall the guilty heads of those who create the
necessity and provoke the collision. This Is impe-
riously demanded by the interests OF lawful COM
merce, and the still higher interests of humanity
and civilization.
In speaking therefore Of the diminished con-
sumption Of our markets, we beg 1t to be distinctly
understood that our observations are relative to
time and circumstances Enormous as the imp0r-
tation has been since the late blockade, we are
thoroughly persuaded that, but for the drought al.
ready mentioned, and other accidental causes, all
would have been readily absorbed, and perhaps
more demanded; whilst rs regards the future i'm
port capabilities Of this market, we repeat once
them as susceptible of an indefinite progression;
the ratio and limits Of which we do not presume
to fix.
EXPORTS.
L nder this head we regret to note a falling of in
tie quantity of produce exported; although not to
the extent that most parties anticp lted. AT the
end Of March the hide deposits were generally sup
posed to be swept and garnished yet April has sup
hides; making O grand total, for the first four
months Of the present year, OF about $50 900.
The rate of shipments during tb' current month Is
understood to have been rather more languid; and
we apprehend still further reduction, as the re-
mittances from some of the lttoral provinces may
be temporarily retarded. Withal, some Of the Sa-
laderos still at work, though on reduced scale,
and considerable lots Of produce continue to arrive
from remote districts Of this province where it had
been land-locked in consequence Of the drought.
On thi, subject we adhere to our old theory, that
owing to the mldness Of the season, comparatively
few cattle have persisted; and though dispersed,
and in many lost to their real owners yet in
one way or other the hides and ether produce
eventually find their way to the export market. IL
Is On this principle that the past supplies may
partly be accounted for; and on the strength Of the
same, we are far from being despondent as to the
future. Severe the late visitation has been in
certain localities the immense extent of our terri
tory and the consequent variety Of soil and elm ,te
have afforded the community an important alleyi[
tion in the present instance; as they hold out
precious guarantee for similar cases that may ma
tura!ly be expected to occur.
In these circumstances our produce continues
buoyant at the quotations given in our prices cur
rent; and with the prospect OF an active compet-
on and daily demand t0T h the MATED ealtsd
raneap, there il little probability Of decline in
prices, at least till the spring supplies begin to
come in.
The weather hitherto has been mild and pro-
pitous, the pasture lands in general presenting
aspect, although in certaia localities there
are still heavy complaints Of an inadequate supply
of water Cattle In general are much improved In
condition, and though many may not be lit for
Salndero purposes, In the meantime, there Is ut
least prospect of their surviving the rgors of the
winter, which at one period was hardly expected
POLITICAL. ASPECT.
As the course Of political events may possibly |
affect for a time the interests Of commerce, we 1
deem it proper to give our readers plain un.
statement at least OF the contaminated |
acts. In prosecution o. their Wanting policy, 4
Bra lillian force arrived some weeks ago In the |
waters of the Plate As no manifest or declaration
Of war has made its appearance, their hostile in
ference. Opinions differ as to the intended theatre
Of operations; holding that thoy will content
themselves with blockading the Buceo, and CO.
operating With the foreigners In Monteyidee in
hVstllisiDg President Oribe Others give q wider
basic to the imperial plan, and anticipate block
ade Of our ports also; In which case Governor
Urquzs, of Entre-Eios, would be brought forward
as prominent ally. Like parties who venture
be- You'd their depth their course may at last be de-
tCfmined BY the current of events. Based rs the
measure is in presumptuous ignorance, and cc-
mented ~ conscious imPotency and apparent ir-
there lie an instructive conviction Ia this
quarter that the yericst accident may upset the
baseless fabric, and cnectually derange their con-
ccrted plars Some such ludcrous finale we con-
hdently expect TO the farcical enterprise.
Meanwhile UfquiEa is compromised beyond
n sdy; aud his detection FROM and Ireachery
gainst the national cause, will be held the
from his appearing IN the wake Of
despised and detestcd public enemy. The seli-love
Of the Argentines IL prOyerbal, and their suscep-
tibiliiy a. 70 all kinds Of foreign interference ex-
tfcme, 20 that any man who aspiros at ascendsncy
In their councils must rely for co operation and
support on national party. In this respect the
blunder Of Crquka u irrctricyablc, and his career
rs n public man ended, Zoe the administrative
talents Of a Bicheleu, Godophin, or Canning,
could never eflace in the estimation Of his country
men the indolible stigma Of his alliance with the
Brazilians
As a pcisonage destined 10 "strut and fret his
hour upon the stage, the inquiry may naturally be
made. who aud what IL Urqura Despite some in
situations to the contrary, wo believe him to be as
accom- pshsd statesman, and ne btave soldier,
as Msscafla and We are not aware that his most
ardent admirers can claim more on his behalf. As
Governor Of the province Of Entro-Rios, hs admin
siratOu has been the most OptrG end despotic that
IAN well be i'm agiBed The only rule or law known
ia the province Of Entrc-Nios, has been the will and
order q Urqui1a. We have good authority for
LAY ug that during the last tcn years, there have