The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1866-01-01

nanent, also akeIs:--Four heavy guns a. ahDve
mentioned; three hundred rifles, hundred rcvo ers,
sevepty boarding axes hundred boarding pixies, an
ample supply Of shot, shell and small arm ammunit ON,
and bunkcrs well filed with coal The signal book was
aptue ImmediAsiy after hcr capture the Cova-
donga taken into the port s Papudo the pisonsss
landed started Santiago under guard and the
vessrl almost perfect order, having suffered but
trnng damage, she manned and otn cred hy
Chepos and sailed the same night with the EsmeraldA
a cruise. Ft % gt.Ii Te.... 7a
The affair altogether most crcditabie for the
navy OF Chile Tue tho vessels wsrc unequal bat tie
moral effect will bave must be very beneficial TO t'e
copQuerors II shows tina, Chile Ia mp and doing that
PareJa and his big f1gatcs in danger that he Is
Liable be attacked and defeated in detail and senp "
this danger iade d,ubIy strong by this disaster, msi
compel him concentrate h,s force for mutual safety,
and this the blockade Of all but port viii
b. rased Even then, when his shps are all arc nd
him, tho iron clad NeumancIa among thom he will not
be safe for With their sprt up and snsencd with the
late victory the Chlenos win arrange pau whore
by lbs force win be scattered destroyed No stone
Will be left unturned That the ball Is fairly opehed
10 give tho spaniard such crushing defeat will pre-
vent him w fdture ever showing his this sidc M
Cape Horn not even upon ono of his friendly crrand
Pareja in ssd predicament; hs " like IA bear n
hot plaes dancing about and there with spot
that will AFFORD HIN comfortable footing. Ho ses
eaenies all sides; he eSpecs his supplies 10 be CT
or and dos not know in what dir cton tolook for
ray Of hope sympathy Poor fool His arrogancs
and folly have brought him into his present position and
II he does back down. entirely down, be will wish
most heartily that he OF tho scrape and on
friendly footing with tho people he has dared to spiss
To say tha. the Of the victory received win
grea. 10y in Chl1 IL hardly sufficient 10 describe the
manner In which IL received At Santiago the pco
ple won't half mad The flag Of the republic appeared
ing every house. bands OF music parsded the streets
and crowds Of people Joined in singing tho national
hymns and songs in praise Of their victorious
commander, his officers and solemn
Te Dvuns was chanted q, the cathedral, al which
oGleiatod the Archbishop OF Santiago, and the
Prcsiden, and oil the high officials Of the govern
ment present The flag OF tho Covadonga--tbe
proud banner span-which had been lowered to the
Esmeralda Deposited tho cathedral ''s trbao
OF homage and humble recognition that the triumph
due TO Him nghteth for the gust cause" Ater this
the President called the Senate together ADD
Immediately promoted Commander Williams 10 the Iank
Of post captain, and raised every oeer one grade and
the people OF Santiago commenced subscription for
sword Of honor for Captain Williams, and 1t will DO
worthy Of generous people.
What contrast this presents with the conduct Of
Peru under like circumstances With four times the
number Of ships that Chile had and when Spain had but
three ships In her water, blow did Peru venture
to strike, but quietly backed down" and submitted
70 the spanards eytortiona,e dcmad without
Another nice little anair has occurred scarcely less
credabe thnn the Covadonss capture. The Resouclon
frsate bockadipg Tacahuano sout every night ono Of
her launches, with forty and boat howitzcr. %
the bay close In with the beach One night she
fell IN with small steamer and dred shot At her, tho
steamer o, once putting out her lights and making ~
trying to ssos.< bat allowing the launch TO gain on
her when close TO- nrins another shot, the steamer
l stopped, when tho launch dashed alongside aud her
cmw at once boarded, thinking they bad an
easy capture when, TO their horror they found thsn
| selves 10 . trap They VEN surrounded with = strong
force and compelled to sutrsodet--isupoh, gsa and
A--snd were Immediately turned over as prisosers Of
war. The steamer had beea nstsd out Tor the expe<
tion that ended go successfully Poor spansrd He ID
haviag hard time truly.
What Psrcja In going 10 do now ~ loss -
dstcrmine. Recalling rgsts TasA
huAno and leaving her at Valparaiso be With hts Gag
ship villa do hs1rd sailed for the north the
night Of the Let inst Private advices received hero state
that he intends ths blockade Of the Chilean
psr and proceed with his whole force Peru IN order
10 enforcs the LATE treaty Nov that tho opyoson party
power with Colonel Prado s is head, the agovcd
enemy cf Spain, Il will Be a case OF "oat % th. frying
pun into the nre' with him. and viii neo, With ~
dnerent reception In Caao from what he dd shen
last there
Tho United States steamer Syaok from Moulovideo,
Ancud and Coronel arrived vaparai November
20, and remained tIeri ia company with the Mohpngo
| whom the sailed The United States steamer
watsree sailed on the I7,h for Calao snd he sloop
| ofwar 81. Marys the ist inst for pannna. via
| Callao.
No arrivals departures Of American merchant sese-
mentioned in the Valparaiso shipping su, noT q
| foreign vessels from or 10 American ports.
RErosT oS VALPARAISO xAHKrrs.
We have little change report In the genera
dton Of the market Th- scarcity of money is very gr A.
and the want of confidence Is atm gseater; ~ that al
operations, except on tho most nmitsd scale.
pended Few Of the houses ~il scl crcepi Tor cash not
merely the Of confidence In the buy.r, but
sso from the uncertainty 70 tha form IN which pay
ments may be msde sx months hence The National
Bank has rccesy applied IN government TO he allowed
70 Increase their issue of notes. and for extension ~
the term for redeemng them until the expiration ~ 80
that The fac,.ss si.asro granted A.. 90, suoent 70
mort the esigsuci-s NJ the Tho question Is
undsr consideration Of Congress duriny their special ses
sons, and some days vi In all PROBABILITY siarse before
| In s1pors the nnt ana mos important article IL
eoppsr During the 1rss half of the month tho sale
tns spot amounted 10 sooat 900 COS si tlo placed on
the beech In Pspade In the lest fortngh, the sslos
sis ssa 800 ass Il Sis Is, and sab-saasniiy the
ARRIVAL Of ths NAL owing D the news of b'tser fee ng
ne ESs'h make. % s.d Sigh, ~ :asanes .o 10 o. pre-.
ss 70, on shore ~ rspsde In 'ess,us ''srs . have "
'' a.. s'"S . % ssu 1 =. *. isnosss @ Sl si.s ,sss
bean effected, ys- 900 qQs deliverable In chsssrs at
ssy q ss svs .... ps so q IS s1 o
of fourteen 20 nfeen per cent deive-sbie in Car
nta at ssc for ten per cent rising isc fr each uni @
Although there we're 40 aes of ores or resslss dchns