The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1859-01-29


Contest-Naval Reports-Army Desertions--
The United States Ship st. Marys Heard
FrOm--Excitement OF the COlOred POpula-
tion of the Isfhmus.
OUR PANAMA CORRESPONDENCE.
PANAMA, Jan. 10, 1859.
4 Nec Loan 10 Pay State Debts-Ebreign Agricul-
tuvists al Wok-Bark Cutting Suspended in the Mag
dalena-Negro KnoW Nothings at San Miguet-A
Rerolaon and its Cduses-Sir Gore Oaseley Going TO
Punta ATenas-Relief TOR The Fiigate Disadvantages
rotions for The Presidential CoestAr,iral from Tthii
Of he French Es Gorenor-An american in Trouble
Mem Steamer from Nepo Tor-The United States Ship
s. Mays at Acapulco Want Of an addition TO Our
J'dtifc Squadron de- dc.
Dates have been received here from Bogota to the 26th
ult.
Important improvements have taken place the nan.
cal Of the republic the government having
succeeded obtaining loans from the merchants and other
wealthy inhabitants of the city of Bogota at comparative
y moderate ates Of nteres-say ten and IL per per
apnum The thus obtained have been applied to the
extinction of considerable portion of the domestic debt
which weighed heavily on the treasury, and for which
the exorbtant rates Of IS and "a per cent per annum
were paid
1t is said that the government has lately discharged
debt Of $780, 00e which had contracted with Sir Nicho
las Daniels Of Rio Hacho years ago. at IS per
cent per annum to secure the payment Of which the Gus
tom House of that port hypothecated.
larger Of interest has already been paid this
claim than the principal
The government thought, will now be able to pay
Ito employees their salaries in full-a circumstance for
many years past unknown In the country.
The Agricultural interests Of the country In some
tons have improved Of late large sums of money having
been invested by English and German capitalists in tho
cultivation Of tobacco which at present OF the most
important articles Of export large crops Of which are
ticipated.
In the districts of country where the article is chiefly
produced lands have risen in value 10 very great
tent, az, for instance, many tracts which, Ggh ten
we're sold 1857 and 1858 900 to S35 600 These
results have mainly been produced by the spirit of
petition.
formed quite item Of enterprise in the MaViaena
district, has been entirely suspended.
The enlightened and liberal policy adopted by President
Ospna will, it is thought contribute 10 the formation OF
peace and prosperity throughout the country.
On the 18th inst the alcade Of the island Of San Miguel
the principal Of the In the Pearl Archipelago stu
ated about sixty miles from Panama. put himself at the
head Of the native negroes to drive from the Islands
the fordStros, as they call the Panama and
foreign traders and the officials recently appointed from
this place TO preside over them They burned two houses
and forced the traders TO leave the island
Az the reached this city the Governor
once organized strong military force, and proceeded to
the ecene Of disorder.
he left here on the 18th inst at the head of some thirty
troops and two officers Of the regular army, twelve
policemen and about twenty volunteers. He reached
there the 18TH and arrested the acade and several
Others who bore prominent parts the riot placed those
who expelled from the island in possession of their
rights, and thus succeeded In restoring order.
The Of tho difficulty Is, learn, owing the un.
just exactons and immoral conduct of the newly ap.
pointed officials for the islands, which Is SAID 10 be repre-
hensibc in Ne extreme Tho Governor IL Is 10 be hoped
will punish them as well az the rioters.
disturbance occurred at AspInwall the 9th inst
between some "lbcrty men" from the United States
frigate Roanoke and the police forces Of tina. place
growing out Of tho Ill treatment il said Of one Of hc
former while he being taken 10 the police station the
particulars Of which will be furnished you, presume by