Daily union appeal. (Memphis, Tenn.) 1862-186?, 1862-08-16

w eODes0AN June 10, 1907.
Unexpectedly, there is supplemental French
mail, and accordingly have 8 chance to send
you news three days later than by the regular
mail of the 18th.
Ia that time legislation in tia National Con-
gress has taken q step in advance on the sub
ject of National Capital. A committee has
reported bill to make the whole province of
Buenos Ayres National domain, Just as the
District of Columbia is in the United States.
Whatever cutting down this project may I'M
dergo, it seems quite certain Buenos Ayres
will be the National Capital. This secures the
residence here of the Foreign Ministers, and
at the same time II shows to them the best part
Of South America, and they will thus be much
more favorably impressed with the Govern
ment and country.
Within two or three days the Hon. Robert q.
Kirk has arrived, and has found suitable
rooms. The United States Legation and the
United States Consulate will be located in the
same square. Thus far, there is reason to be-
lieve that President Lincoln's selection for the
incumbency of these offices could not be ex-
celled. Hon. Rowan P. Helper is the Consul.
The National Congress recently rejected,
for illegally Of election, the delegates from
Cordoba, and much was feared as to the result
in that turbulent province. More recent adj
vices assure Us that tho province will quickly
proceed to re-elect the same men in more le-
gal manner, averting thus a civil war.
No doubt exists as to the mineral resources
of this country. Gold has lately been found
in Uruguay. In the Province Of San Juan
there has lately been found gold, silver, cop
per, lead, quicksilver and several other metals.
Col. Ssrmiento, the present Governor of that
province, is owner of large tracts of mineral
lands, and he is making great efforts to devel-
cpe them, thus far with encouraging results.
A new company is about being organized
here, to own and run q first class American
steamer between this city and MonteYideo
The prospectus promises grand returns. Ex-
penses here are high, but the rates for freight
anC passage are about Ave times those of the
vicinity OF New York.
The whole of the Confederation is rapidly
recovering from the disasters of war. drouth
aud earthquake. Business revives under the
sure prospect of permanent peace. Rains are
now abundant, and poor earth-shaken Men
doza is slowly recovering from the fearful
earthquake OF March 20, 1861. This calam-
ity opened the hearts and hands of people
every where. Hundreds of thousands of har
dollars were raised in this vicinity, and large
sums also came from Europe. Over year
has passed, the second winter is upon the
houseless and impoverished people, and yet
there are deposited in the bank in this city
over so, o0e Spanish dollars of funds gathered
for the relief of the sufferers Of Mendoza
In the provincial portions Of the Confede-
ration there is now no armed opposition to
either the general or lo"e' '-r~o-nneRt Grnst
4vpritt - t.1yaru PRISONERS taken
y nc so,o--.-en:, and the nisaatAlacors -
tsliated by sending back the prisoners which
they had taken unransomed.
An inrosd has recently been made upon
Santa Fe by Indians, over 800 in NUMBER,
who carried off 5000 cattle, many horses, and
some women and children. There seems to
be no defense against these inroads. When
the Indians do not come there Is no danger,
and when they do, the troops cannot overtAke
! them.
The price of gold still goes up, or rather the
price of paper still goes down. Three days
ago the doubloon sold for 436 paper dollars,
and they babe fair to go up to 500. The re-
suit was ruinous to the whole country, and
attracted the attention of government. A
project on foot to issue State bonds 10 the
amount of 5000, 900 of silver dollars, and thus
call in about $50, 100000 of paper. The ex.
! pectation of this has given ounces decidedly
| downward tendency. To this result the peace.
able disposition of Cordoba has also contrib.
uted. To-day ounces are 42T, with prospect
of rapid fall.