The New York herald., 1862-01-05
PERIL.

President Castillo, who spends over twenty millions Of
dollars year. without having anything to show for 1t in
the way of Improvement in tho country finds himself
unable to contract loan Of four millions of dollars for
his present necessities the British guano agents having
peremptorily refused TO make any further i'd
vance on guano. The total cessation OF the de-
mand for the United States resulting from the Southern
rebellion and the fact that European markets have three
years. supply Of the article hand not very
couragng features to spendthrt government that has
relied almost wholly upon the guano bids for its main
tenance. So il President Castillo does not attack Bolivia
Ecuador will not be SO much from lack OF dsposi-
on TO 90 so on his part from scarcity OF the sinews
Of war.
The Lima papers full Of the celebrations OF the
unfortunately gave to the right ruin
itself, without let or hndrance from Old Spain.
elected President Of PERU and that the
will so decide in January. This however, will by
means settle the question: II General Castillo should wish
to hold on TO the reins Of government San Roman il is
true is at the head of six thousand thousand
men in the South sent there by Castillo TO keep the
bulent people of that section quiet IL he led to
trust too much the good faith of Castlla will keep
them till he is firmly seated in the chair OF state.
The wife of cxpresdent Echenque is galanty fighting
the cause of her husband with Castillo and his ministers,
by public protest against his late expulsion from the re-
public. She pitches into sold Eoots' in most savage
manner, calling him tyrant. dictator, &C., &C., aud
strange to say it all finds its way into the government
papers, for amid all the desposm OF Castillo and his
crew. inc press Is eit lree 70 say what Will However
newspapers in Pcru--Ima, with its population or over
one hundred thousand inhabitants pay each
ing for more than five hundred copies from the pubic
press.
In Ariquipa, one of the largest cities in Peru provi
soDs are growing very scarce, owing to the large army
kept there by Castillo to control the elections and put
down revolution Wheat selling at $40 per fanaga, ,
and -four at Sl5 per cw
An extensive cca mine had been discovered near Ar
quipa which promised to be Of great benefit all
OF combusbles are always scarce in that part OF the
country
Lima correspondent writes that the government is so
hard up 1t cannot Pay its civil list and is rcsorng to all
soits~of lodges to raise the wind. Paz Sodan
Gently sent to Europe to negotiate lean, but entirely
failed.
An attempt is being mado by Castillo to get up "Souh
American League" of which he would like to be the
Bolivar. Another correspondent from the same place,
speaking Of Peru says, under date Of l4th utimo:-A
large portion of her rich Inheritance has been quandered
and thereby recessness and ideness engendered She
is poor, her soil is untitled her roads in mise
rable condition, and she is undeniably of than
though guano had never existed within her borders.
Arrangements now being made to raise the frgate
Caao The party nine in number, with whom the con-
tract has been made receive hundred Thousand
dollars in American coin when they float her. They have
four pumps each capable Of dischargng fifty barrels
minute, and have also suction caps for closing the port
hoes so it is to be hoped the work will bo accom-
pli. he'd.
there being nothing now in circulation but the base Ro
wan money, worth about seventy cents on the dollar
and change in Lima is made by each petty store
Keeper issuing copper coin about tho size OF half cent
TO represent dnlesa sort Of shnrlaster SYSTEM very
annoying and very stly 10 srang r., those issued at
one store are generally repudiaed at the other
One OF the american arrested the ID o
coin was on ths IL nit acquitted, and obtained his
release.