The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1861-04-25
News from the South Pacific.

PANAMA, April To- 1861,
The English steamer Calao from Valparaiso and inter
mediate ports, with two weeks later intelligence from
the west coast arrived at this port on the 9th Inst
She brought, the mail 1895 SOC specie, and the usual
cargo Of merchandise for Europe Dates are Valparaiso
March IS and Callao 2sth
CHILE.
MERCANTILE FNIuRrs-cREAr DECLINE IN TRADE, a..
The news from this republic is important. Politically
there is nothing Of interest to report The elections FOR
Congress being conducted quietly but the country
has been thrown into great state Of excitement
Of the failures OF many OF the oldest AMI hitherto
wealthiost native houses in Valparaiso and Santiago,
which, for the time being has destroyed confidence and
parayzed business o. every description The amount of
the liabilities already ascerianed Of the houses
that have failed is six millions of dol
lars, and it is thought that when an
investigation is made the amount VIII far exceed this
sum The government win lose about million Of dollars
by the failures. The following is list Of the houses
that have gene by the board with the amount Of their
liabilities as far ascerta ned:-Saias Hermanos, Val
raraiso 81 eco COO salss Co, Valparaiso $3.50 900;
Ovall Co., Santiago 500 600 OF the Errazarcs
the oYaiis 500 600; J. y. valdes, 500 900 J. Gull
Canadila, 900 Francisco Nevi $4,000. Total,
SO 0e0,c10
Two heavy dres have recently taken place in Santiago
destroying property to the amount OF three hundred
thousand dollars.
ARREST Ea.pRESpEsT EcHFSforE or PKRr, &C.
The only item OF from this country that Of the
arrest Of General Echenique, former President OF the
republic, and who claims to be the legitimate anu
constitutional head or the nation appears that he
passenger from Valparaiso to Caao In the English
steamer Callao but disguised himself that the fact Of
his being on board was not known TO any his
servant until the arrival OF the vessel at Callao The
government possession OF the fact for no sooner
had the 10 anchor than she surrounded
by armed beats. After several Intellectual searches were
made Eohenique finally discovered under the dining
table, placed board a Peruvian steamer and con
vcyed prisoner TO the leland Of San Lorenzo His
wife has petitioned Congress to grant him trial
but II Is Understood that President Castillo has ntimated
solve Congress Before the arrival OF the steamer at
Caao from Valparaiso several other arrests made
among them n OF Echenique and fnglshm
named White. The latter lie suspected Of having made
the attempt 10 assassinate Castillo months since
He has appealed to the British Charge Affairs for protec
ton. Castillo. 10 is thought win also try 10 impllc,te
Echonique and his These arrests have produced
great excitement In Lima aud Callao and much sympathy
4 expressed for Fchenaue who has many friends
Ia both places who would ike to him at the head OF
the government cncc more.
The agent OF the English steamer is severely and Justly
ccnsufed for giving permission TO have the vessel
searched It Is supposed that sufficient guano has been
shipped from the Chrchas TO supply the foreign demand
for two three years, and consequently vessels
arc TO Re chartered for some time to come
This will not only have depressing effect upon the
trade OF the country but II will greatly embnrass the
government, which derives the most Of its from
the sale of guano.
The United States steamer Earragansctt is still at
Callao.
BOLIVIA AND ECUADOR.
There Is no news whatever from .hese two republics.
Both continue tranquil.