The New York herald., 1864-12-10
NEWS FROM SOUTH AMERICA.
Interesting from che River Piatte.l
OuR BUxNos AyHgs CORaEsPONDEScs.

, \
Rdi,,cay En.,prse-Ssrtexu 1ao..--s nOlars Collie
towards ne United States sanitayy rair-Greas
q" Aarsfactrr-C0sursons 10 lsAolicity-M
ridges-Sal: Of a Fine Ram, DC, de-
On the 7th inst our Congress adjourned having cIo1
peaceful and profitable session There has been unus
attention 70 business. and perhaps, there has been
little Of itunwise a. could expect. The number
Discreet far seeing stateemen greatly Increasing 10 /,
oousssy u Isl great advantage that the s6lesl men
the country sre at the head Of affairs.
ono Of the important projects OF this session IL
cost'erng Of company 10 construcs . railroad als
sIe uruguay river, passing tho falls Of the Uruguay
70 DO one Of the great roads Of South America tt
company Ia Enesh has The usual guarantee or ssv,
Per cont per annum. -
1ns provincial government 70 making an erOss 70 q
sne only line Of railroad Of which II h the owner III
oecs OF She sale k TO obtain SO much towards redeem
~ s Pspr money OF the country. Worth originally
aa aa no. ,0s one ,s q paper the paps, dollar
1Sver ~ srede>msbie in specie, the government opy ~
20 print : & few ie.m: o. coarse paper 10 make III
~ osdm Of Ire day bsrSStef.
4: s.s.s :s.s =. = ssSsa:.y s Z A.. s..s .ns
lions lcT fsroads alone add tsnssIy to tbs bIsssS,
os Sso:s 40 os Is -: iSs
s.s: =: e ss:. s.. :.. s : s:,. ::
from the Sau,ary COMMITTEES appontet 70 coect fuads
to AZ the general Communication a home The SUM =.
godst $50, VIII yield 10 greoubacks about 80 900. From
the limited number Of Ansr,cans hero thyS decidedly
liberal. SubjsCts q osher countries have generously
On the new railroad soushwards there has hss trial
% fast vessels dischsrsDg daily, for wsas, nom
hundred to hundred and nfy tons of tf6A and
other heavy materials ior this road.
h1A II D a ma
10 wch thousands Of Gs are taken out Of the lttlyiss
,:ar = the 81 Psra0a river. and the oh s1srscod The Sss.
The nsh used fresh wsssr ash. unat the
tabfe. ID cot unlikely that cod iver oil Will be mRt0
q It % soon a. . refining process can bc secured.
ca Friday, October l. the National Congress forS
republican in its forms Az shsour appointed Zone NJ,
the President, in his gorgeous attire, Ia nilaatr
passed from house 70 ths Of Congress-
where coth houses were In waiting. Ministers peup0.
tsnnaFy, from Gress brissn United ssa.ss, France
richly Decorated and prominently seatod Ocers OF tho
army and navy also werc present and had not orgottsn
their lace and pumes The President delivered speech
Of i've minutes aud pronounced the session closed The
salary Of members s about IS 900. svor per aOnum,
On sunday last tho cashedr, in shf CITY wss dsnsely
crowded towisness the confession Of ish aud baptism
Sasssvns Howe Ms was anced to osssfu and
wealthy young native lady and was married Efmediaey
American, Sas Americans said he was Ens..sS, and
compromiss was made BY the supposi.on that be is .
40 not n .
many conversions here on the or marriage. Some,
be left free 10 their former religious views.
A late visit through large portion OF ths and the
adjoining provinces warrant The staepent snas this
likely TO bo o the best years for sheep farmers that
this country has ever known Many focks
over ffty per cent and the wool 10 better, cleaner,
heavier and OF asmsr bre With Ill tho ragoef sheep
farming in this coan.ry agriculture yet 20 be the
ntabe business OF many suoh crops b planted
and some vegetables produce three crops year.
The beef packing by Norris Boyd Americans, is
going on largely but It's result cannot DO know until
carsoes OF 60 Europe and command there
we have twelve. noble number com
pared with portion OF the past two years fhey pro-
SaSsh s hs unea and
the S O s 20 .ness
xirssay =: innsoss quantity q ,as sheep Imported e
for s2s 600 orreScy a. suction abous 81 90 siIysr
Affairs are met yet settled in UruguAy and seems that
the c1oos 70 between nssto,a II Ino rivals are Brazil
rebel Flores haa his hordss h fun sweep possession and
sway.
ProQresAo1 she War Between Brasil ana
UrugEay-Firm Position or Paraguay
AgafnAt BYaztl- Go m m erclal Report
from Buenos Ayres ana Rio Janeiro.
t# pUsNos TYRES
tEsOm the Bocncs Ayros standard, ooA III
Unfortunately at this moment, owing to the Brazilian
forces having invaded the Banda Oriental and the gov
ernmeni Of Paraguay having openly declared would
0 opiODn aha, Presidsus Nitro viii bs dragged into ths
struggle bus nere Ia good to suppose that ths
same ensh.eoea policy Which &c the Execu
cut tho ensuing year, and shat no con2catop no mat
te- how great Will induce u to enses into war which
caa only result In both misery and cxpspee TO the Agen
The Closing Of Congress h. Perhaps the mos. interesting
During this third Cong session many important
laws have been pssssd which, have doubt, will
when We contrast present sasc Of ass with thaa of
tho year. at the ose Of The second session. md
the maseps The republic Il sns most persc.
snoymeos OF peace and whatever troubles loom forth h
the future emanae more from tho political dsseusions OF
The enormous faiiuro Of Seuto Co., OF Rio Jauclro,
has . the present had buta very inssnnact effect
market When IL ives first known here, great fears
were entertained about the Maua Bank but, owing 10
the supendous remittance OF gold which the b,nk in Rio
made TO the River Plate two millions Of francs this
popular bank enjoys greAier copndepce than ever
Stl tho effect OF soutos faarc has tended greatly to
tighten money, and merchants and others looK With
anxiety 10 see what eject It viii have In England
The provincial government projects for the redemption
o. the paper money atc a. present bcore the legislature
namely the bin authorizing tho sale Of the Western
Railway in 600 ptacoos and also the sale OF eight
towards the redemption o. the papesaollar. It is the
general impression that the scheme fer redeemng tho
grave doubts 70 whether these will
succecd IN obtaining the object for which they have boon
Introduced,
Paper price OF e456H Patacons opened % SIS,
went up high as 2s 60, and closed At Is % Cash
sales 81 2s8. specio had downward tendency 70 day,
october III. The rate OF exchange has gone up some
what owing TO the Provincial Bank drawing and good
bills were offered at 4ox ws9h. The totai smouut
drawn tho present essimste at fi40 900 sterling
Owing to the extreme dearness Of cotton goods, tnc
overrading which once 80 severely afflicted this country
10 merchandise has subsidized The stocks of
our importers limited, aud the sales always remuner
alive but notice that during the last few years there
has been very unhealthy extension Of shop business
wh ch attribute 20 the great facilities OF obtaining
credit II any sudden ghsness IN the money market In
Europe unlocked for demaud importers,
the shopkeepers dealers would be the very nst TO
experience the eneci and all ho acquainted with
the way business Ia conducted here feel natural
apprehension as to the consequences
The prospect OF aspendd wool crop " be'ore u.s. end
remains 10 be how much this will coufuce 70 i'm
prove money market. Tho quality OF ths wool, owing
tha fax nf Guperior.