The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1852-07-06
VERY LATE FROM SOUTH AMERICA.


Trouble In Montevideo-Conflict setwsen
Election or the Governor OF Buonos Ayres
W-Commsrciai Affairs, &C., sc.
Our teegrsphic dispatches on Sunday announced the
arrival at Salem, Saturday OF the bark Argentine
from Ayres whence she sailed ON the 18th OF
Asy-fteen days later than advoes by the way Of
England We have since received the British Packet and
Les Debates to the 18th OF May inclusive
These Journals enable to give complete history Of
in that part of the world to the latest moment
DIPLOMATIC MOVEMENTS
From the Bucnos Ayres Packet. May 1871
Some sensation created on Sunday, by the an.
nouncemest that Senior Berro, the President of the
Oriental Chamber Senior Flores the Chief Police
had arrived in port they both proceeded direct to
Palermo the residence General UIQuza
Of our FOREIGN Relations il was forth With surmised that
they must have hither public affairs. We re-
greet to understand that the 0renal and their imperial
allies have several Misunderstanding matters Of
grave import and what is that there is almost
declared schism among the Orentals themselves. In
these circumstances IL is not improbable that
ference may have been made TO General Urauiza;
although believe nothing has transpred to enghten
the uninitiated The state of things in that quarter
unhappy collisions which we trust may yet prove
exaggerated, If not unfounded.
REPUBLIC OF BOLIVIA.
Some discussions have taken place in daily papers
including the Official organ that i'll calculated to
promote cordial relations with the sister republic
least with the cual government We question the
when peace and concord. at home and abroad. the
paramount interests On this subject would recon
mend careful reperus of the mantle and pro
CARNATIONS Of General Ufquiza
PROVINCE OF coRDovA.
Rumor says that the transition has been preciptaed
by popular movement; Don Manuel Lopez the Governor
not only deposed but prisoners the late minister general
Senior Guzman, being at the head Of the Provisional
GOVERNOR PROPRIETARY.
At the meeting Of the Honorable Chamber the 18th
instant, III. f. the Provisional Governor Don Vicente
Lopez was duly elected Governor and Captain General
this Province by thirty three House of thirty
eight members present We believe that judiciou
choice could have been made and whilst we congra
tuate the venerable patriot this mered and CRAFTY
Ing mark Of public esteem and confidence we hail his
name and presence at the head of the government s
seid guarantee the Province of Buenos Ayres that
IT'S rights will be respected and its interests consulted
and promoted God grant that his efforts may be
ed with success and that the public at large may i'm
pressed with the necessity Of cheerful obedience and
cordial co operation.
This day, the 10TH is appointed for the solemn and
august ceremony Of swearing him into Office and the
thusastc acclamations conented DO pulace now an
nounce the re-instaation of constitutional regime;
welcome sounds, that cheerfuly reverberate Old
norfdts e CRITIC sagrade. Ebertad hbe,fad i6ertodr'
ORIENTAL REPUBLIC.
The unhappy collisions with the Imperial forces alluded
Official document, Of date the 9Th May published by
order OF ii T. Baron Caxas The encounter related took
place on the Sd instant In which Oriental soldiers
were killed and the Imperial Commandant severely
wounded The conduct of the Oriental Commandant
however had subsequently been dsspproved by his supe
Down dates little or no progress had been
msde IN tue negotiations respecting the recognition and
execution of the Suarez treaties.
General Rivera had taken formal leave OF His Majesty
the Emperor previous to his embakng for Montevideo
and has also addressed copgraulatory letter to Pre
dent Jiro, announcing his intended return.
Vague rumors of revolution in Montevideo and the
fall Of the Jiro administration prevailed for few hours
on Thursday morning; but subsequently vanished like
the baseless fabric OF a yision'
GOVERNOR ELECT.
DON Lopez letter OF acceptance appears in the Pro-
greso OF tbs morninga chaste and interesting docu
ment-of which in next 1t is like oil poured
on our troubled waters-a truly good and really great
man, Of him IL may be said-
As some tall cliff; that rears its awful form,
Though is base the raSs clouds BE- spT.sI
Eternal sunshine settles on its head
Ev MONTHLY RETROSPECT.
From the buenos Ayres Packet MAY IL
Of April II be recorded with commendation that it
mae added little nothing existing stock, Of manu-
featured goods In other respects essential change
has taken place since Last in the general aspect
eur wholesale market The increased activity noted at
the end of March continued steady down to the
sent and goods to very large amount have changed
hands Wholesale have been grestly relieved but
local and retail dealers generally must hold
heavy stocks necessarily forestallpg certain extent
the ordinary demand for some months to come.
During the early part of the month there brisk
demand for the Province of Santa e and also condera
BILE remittances to that of Entire Rios.
Lattery many purchasers have arrived from Cordova
but il is difficult to Tx them the deposit system and
return duties Of Monteydeo hold out powerful and we
fear irresistible attractions TO the unties
of our own republic that would naturally give the
preference cGteriS pafiblS
In this view the tardy movements of the provisional
government though easily accounted for deeply
regretted Enough has been said to heavy depre
ciaton in the value Of all stocks held in Buenos Ayres
and as yet nothing done to enable to maintain fair
mpetition with the rival emporium With goods that
have paid full duties il il impossible Offering them
at heavy loss to customers from the int-
proyinces and despite the sacrifices that importers
seem willing to spbuit fear that interesting
portion of commerce may be forced into another
channel Thus happens that in addition to the ineyi
fAh hA IN
transition. our import trade hes already been cruelty
nulcted by the and low prices arising rom
the mere expectation Of 1t.
At the same time these accidental causes have been
aggravated by the depreciation during these last
days Of our paper currency and concomtant reaction
IN the rate OF exchange judging from the number of
public auctions during he last months twenty mil
hon current dollars owing to foreign import houses may
be assumed moderate calculation and depreciation
OF fully ten per cent the intrinsic value of that
amount is no joke In that shape the evil iremeia-
Ole and in the actual circumstances is impossible
to regulate prices escape similar sacrifices on the
stocks they may still hold.
To seil nothing se loss is the only alternative
and whether it may be preferable to submit ia present
loss Of ten per hazard contingent Of
twenty one or three Inonths the prartfca and
perplexing question which importers arc called TO
decide. Ignorant of the nature extent the pro-
posed notifications il would be presumption to offer any
opinions but we must say that the unprecedented and
anomalous state of import market demands the early
and serious attention of Legislators. Nothing good
can result to any party from the present chaotic
tsinty.
The local demand during the period under conidera-
tivu may Ut EOou Ieiaii utaleTe nave eecn
doing comparatively brisk and satisfactory business
Chiefly dependent the internal local consumption
they have little TO apprehend from regulate ms
that may be adopted as to deposit transhipment and
the current rates we presume. deemed sufficient
guarantee against probable reduction in the actual
impests The depreciation Of our currency is a
in their favor most Of the auctions having been
In currency without any guarantee Of exchange
In articles OF daily consumption the market in general
continues abundantly supplied Wine sugar tobacco and
yerba very abundant Spr Of the classes in fair
demand Rice scarce and exorbtantly dear No resolu
ton announced to the admission of
foreign -four. Some small parcels have been received
from the interior provinces but nothing affect the
nize price Of bread
Since the foregoing in type DEGREES have been
published, OF the following tenor
DEPARTMENT FINANCE,
BUEEos AyREs, April Is, 1852
The barkato shipment Of merchandise
Imported from seas for the tra provinces and ports