The daily union., 1854-10-14
TWO WEEKS LATER FROM THE WEST COAST OF
SOUTH AMERICA.

Dates from Valparaiso the lst ut, and from Lima to
the llth ult have been received We glean the following
summary from the Valparaiso lMreu,io;
The political movements of interest during the last two
weeks have been few The matter of the Jesus after the
excitement at time caused by it, has fallen back again
into its former silence The rejection in the house of the
authorize their return Chilli and to endow
them again with property has laid the whole affair at rest
Since that politics have returned to their former level and
are flowing in their usual quiet channel.
Something has been said already about candidates for
the next presidential termnot definite but probable
Some speak of Don Antonio Manuel Tocornal, some Of
General Bunes and of the reelection of President
Mont Many adhere to this last because they Iegard it
the most likely to be successful. In few months the
election of deputies will take place These will be the
opening skirmsh and will furnish the first manifestation
OF political predictions.
An important item has been the dminuon of the duty
silks This has been matter of earnest discussion
among the deputies. 1t proposed by the Executive
One member moved that the lower duty proposed silks
should also be extended to shoes, readymade clothing,
furniture, and carriages and this after discussion,
approved in this form:
silk goods snail pay in future IS per cent instead of
25 which they pay Shoes and ready-made clothing,
paying per cent shall likewise pay l5 Duties
carriages and furniture shall be reduced from 80 per cent
to 25."
The reforms in municipalities consist chiefly in the
tension of their powers and the increased number of mem
bers composing them making them twelve in towns which
the heads of provinces and eight in the departments
The ratio of the increase OF municipal membera is to DC two
for every twenty thousand spps
proposition has been presented to the government to
be submitted to Congress TO authorize the foundation Of
bank of discount and deposes which only awaits this
horizaton to be organized and to go into operation
The capital of the bank is to be and half Million
divided into three thousand shares of five hundred dollars
each, This capital may be augmented.
The operations of the bank must be confined to discounts
and deposites.
The bank shall be formed for the of twenty years
1t may however be discontinued by the general unta
shareholders prior to the expiration of that term should it
become advisable.
No shareholder can possess more than two hundred
shares.
The material interests of the copntyy present the same
satisfactory appearance that they did fortnight ago,
The Lota Coal Mining Company have just framed con-
tract which the point of ratification with the Pacific
Steam Navigation Company to supply these boats with
fuel Besides another contract is spoken of with
line Of at Panama well for the smelling
works Of Mr. Alison at Coquimbo Thus appears proba
bic that the coal of this country year two, will take
rank among leading productions by the side of agr
culture and metallic mining.
At last the change of the line of the railroad fully de-
cided on This change amounts 10 saving OF two mil
lions of dollars in money and two years in time The
line will go from yna de la Mar to Lmache and thence to
Santiago by the cuesa Dormda that Of Chacabuco II
by the former the saving ought to the cost of
branch Aconcacagua which must in any be built
In order TO meet this change of the line of the railroad
will be necessary to alter the route of the present
riaqc road from Santiago Valparaiso, that it may
come Limache, where passengers may take the
OF railroad for this port after September OF the next
year (ls55)
MARKETS, rHEIGHrs, ETC.
at this season.
Flour is quoted at 81 10 to SO.
Chill coal is in demand, and vessel of 20o tons
loading at Ccronel for Panama
Freghts charters have been unusually active during
the past fortnight and the present time there is great
scarcity and want Of tonnage for heavy cagoe for Europe
and the United States.
In our Peruvian exchanges find little of note There
appears to be no stir towards final settlement of the
outonary difficulties and the parties on both sides are
evidently afraid of each other
The News Of Lima says
Wehave nothing particularly new and interesting to
communicate in relation to pet revolution IN Peru The
forces be awaiting attack satisfied
that the is too strong in his present position to be
easily disodged Casa perfectly secure and sangune
of success is watching his opportunity to pounce upon his
foe Bulletins and dispatches received here every few
days from the government camp in printed form the Pres
ident having portable printing Office attached to the
my. A very good idea
HRoGRtss REVOLUTION
From private letters received from Carhagena learn
that the constitutional cause pospers and that Melo is