The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1859-07-28

ministry, TO arrange the new order of things with
oat obstruction, while Cavour himself, having
abandoned power in dissatisfaction Of the turn
things had taken, cannot be called to account by
the ultra party for the nonfulflmeut Of those
hopes which we're created by the proclamstions
which heralded the opening Of the campaign.
The New Discoveries ~ Treasure-Gaoid from
the Grave.
One of the most interesting items Of news from
the Isthmus by the arrival Of the Noses Taylor
is the discovery Of gold in large quantities in the
ancient Indian tumuli and burial places to the
northward Of Panama, In the Province or State
of Veraguas. The statements as to the amounts
discovered, it is probable, are considerably ex-
aggerated; but of the fact of the discovery there
can be no doubt The Spauiards drew large
amounts of treasure from similar graves through
out the Is,hmus, from Costa RIGA to New Ora
NADIA, and it may be supposed exhausted pretty
nearly the entire supply from these sources ip
all places easily accessible; but the region
around Chiriqui lagoon, where the present die
coveries are reported to have been made, as well
as the district of Veraguas generally, was
occupied by warlike and indomitable Iudisn
tribes, who repulsed the inroads Of the Spaniards
and hence, probably, these ancient graves e.
capped the general sacking which the others suf
tered. The old historian, Herrera tells US that
in the ancient province of Zenu, o little to the
southwark of Chagres, of which the people were
the same with those of Panama and Veraguas,
the Spaniards found abundance of graves, some
of them 60 ancient that large and tall trees were
growing over them; and within them was found
an immense quantity Of gold, besides what the
Indians took out and what is still lost under
ground" In Peru, we know, vast quantities Of
gold and silver were taken from the huacas or
burial places Of the kings and chieftaius. 10
some instances the bodies of the dead were
wrapped, like those Of the old Scythia chiefs, in
plates of hammered gold. A skeleton thus en-
veloped was recently discovered in making ex-
cavations for railway in that country.
For come time after the Conquest class of
Spanish adventures devoted themselves to exca
waiting the huacas, and the product was so great
as to lead the government of the Crown to ap-
point special officers for collecting the royal
ffths. Thus, as early as 1866, from one Of these
tombs among the ruins of Chimu, near the port
Of Truxillo, in the north of Peru, q single ex-
plorer, named Garcia Gutierrez, paid no less than
1855 castellanos of gold in the form of royal
dfths, which would give 427,s75 castellanos,
equal to about $5S8,00O, as the amount which
he obtained from it But he did not get all
the gold, for in 1892 it was again excavated, and
At 900 castellanos paid as fifths into the royal
treasury, so that it seems that not less than
$1,000 castellanos Of gold, equal to 1891, 900,
we're taken out of this huaca alone.
Within very few years the inhabitants of
Truxillo organized company for new explora-
tons of the huacas, but with very limited results
The old Spaniards bad pretty eHechnnR sacked
the richest, go that only an inferior class re-
NAMED undisturbed, and these were found to
contain but little treasure. Still, considerable
quantities of gold have been annually dug up In
New Granada and Peru, most of which has found
its way to England. Several thousand pounds
worth are melted down every year at the British
Mint. 1t is mostly in the form of nude
figures of men and animals, which have been
cast in moulds Of sand. In some cases the in
durated sand Of the matrix is left in the hollow
parts Of the figures.
The yellow, or golden fever, is always marked
by hyperbole Of the most extravagant kind;
and the statements of our excited friends on the
lsthmus must be taken with some grains of al
lowance. There are by no means thousands
and Millions of these gold-bearing graves "on
the 1sthmus and throughout Central America"
and If there were, they would be found to have
been very efectually exploited by the early
Spaniards in all the districts Of country where
the Spanish authority became established. Gold
will only be found in the tombs which exist iD
remote and secluded districts, and in these few
hundred men will soon exhaust the supply
How IS REvuLsIoN TO BE AVOIDED There
= good deal Of excitement and discussion going
On in the banking and commercial circles of this
city as to what the effect of the late war in
Europe is to be on the commercial interests Of
this country. That financial difficulty is immi
nent no one doubts, and people are casting
about wildly to End remedy. In some quar-
tiers it is thought that higher tariff is the thing
to keep out the products of what Is called the
pauper labor Of Europe, and create home
market; but this is great mistake. The tariff
has little or nothing to do with the question, and
it cannot be tortured into remedy for the evils
which threaten US. The true cause of the trouble
is the ignorant and il-regulated banking sys-
tenn which prevails in this country. Bankers
encourage speculation and reckless dealing on
the part Of importers and others by expansive
loans. Europe is naturally anxious to send all
the goods she can to this market, and
the action of our banks assists the i'm
porters to bring them here. Once here,
they must be sold, and merchants with over stocks
must give long credit; thus demoralized condi.
ton Of trade is made to pervade the whole CON-
munity. 1t was the banks which inaugurated