The New York herald., 1866-02-22
CIIIk AND rERU.


To the Peruvian feet may be added two three
small and the so-caed clads at Cal
ao-the only harbor defence and the
former OF In general engagement except 70 get
In the way Of the larger vessels. You will see by this
comparison how is very one-sided affair; and when
you know that the Spanish ships well manned
and appointed in all respects vessels ofwa
be, and that the allied fleets are sadly
deficient In these particulars, you will hardly
have doubt what the result will be- IT, by foohsr
dncss the shall attempt attack the former when
concentrated. previous letter have given you
sdea of what the Numancia is In tonnage, armament,
Hpeed, &c and it is not stretching imagination in the
! when that she alone is than match
for all the ships that Peru and Chile can bring TO bear
asainst her, as may yet BE- demonstrated thus deal
fairly with the subject SO that those home sho expect
u the squadron OF Spain up completely by fht
ships OF Peru and Chile may not be disappointed should
adieren result take place IL the opposing forces mee
- they arc expected 10 do shortly Because the Esme
eda captured the Covadonga do certain that the
0uszonas ELL capture the villa dc Madrid, for no such
go,n,on 4, by those parties who know the
Ships; rather you betting ep oo' 'ne o'ner way
and the chances very much in favor = your winning
would like the chances even, for then Tond
s,el every confidence in victory the republics but
D. matters are would be folly and madness to attempts
m attack whore almost certain defeat and destruction
mus, necessarily be the fate Of the weaker party No
nhing but chance, and very remote one al hat can
hf,ns about different result any one who understands
sbs situation must acknowledge -,.-A
THE cmLEAr xARxrs
fhc following review Of the market will be found In
nsrcsting 70 the business man
There has been no alteration OF any kind In the pos
Mob Of Affairs since our last and the market Anguhesl
- IN the unsatisfactory s,ats, ~ general rule
only UnaAa fnr aud In a
~ always bsss the custom TO sell st az months snd
vn II lonSsr srsdits Operations arr Of course greatly
bsetfictad dealers limiting their purchases 10 the supply
MY Of thsir most immed,sts and pressing w--
rs,'. y pss ss,s = as%snS =. and S.ssas
about our quots,ionss and e The have ben sssc
EGs ,Ssndan' !. ,.i one the co. cucn s sSsss .I.
heeoan,' mus. be- Sarsc, ..kiOs all things INTO to
sts 81 the ss sassss medium .ss ps,msn. gems.
pre- ~ds ~Nh toierabe regularity Ine ,ssasd in
rAe take up ,he,r no'ss vs,,lbe on the 81, y
III monh; by, is no. anticipated 9n sne ,s x,.s
ay prsssnrs Upon them ss ,hese noss
II nd q shsm L evident tnorecys, ,ha, we can
ko ge, along without paper esrrencF M so1e snd a.
. osbss sSs sscsy Of which may b FAR less ss'
eoTy None Of the established banks have At presen
assaA ~ former nmb.rs bat private bank IN SAINTS
a~,hst of MoC1ure q Co-has converted ITSELF in,o
,s sssrs oossidsrabls aneasiness prevails Just
S..., a. conseouence of q rumor which seems TO .
- rell founded thai the government intends O Nso
= ar isaue az paper for large amount There are GOO
,a,rds for believing that such is the intention OF "
ns,ar OF Tnance for at present he has taken no acto
h r.aard 10 the reimposiuon OF the customs duties
INV other TAX 20 rcplnoe them, and % " wen hnoN
80 ths treasury IL exhausted " IL dmc1t 70 torres
80 - ,Il reuienish Il readily, having deprived hmss
~ his ordinary resources, without taking any measur
40 replass them until he nnds himself actually VINO
Tie pank of Valparaiso has jas, made " nail ysai y,
-, vbrh upder present circumstances - higb
p.sso,orv. tbey show net profit for the sS mont
"a tsi "a 62 which upon paid up capital o. tsoo ~
a. noual 10 upwards " sixteen per cent out o. W,
shsy proposs 10 pay dividend Of -four per cent seo
tan he balance 70 meet eventnalues Inc O.%p,a'' %
sha hank With its reserve fund and the amour. 'h1S
salned his half year, stands nov al $3.50 os oI - 4,
.sn smouuted 20 about 600 aqs, at tlT on shcrs
I Parudo subsequently, 3eoo qqs more have osen s''a
'H psartus-No s transactions reported
The solioSins charters are announced OF vessel'
load fos the United States - - a. ,
1,s,,sb hs,s shse,sd Caldarls " Boston ~. .f3
9r,,,sh Srts euunysde initiate 70 New York.
1rslsh bark Maria 6casnel nitrate 70 y" i<s
PER u.
Cnaer The dictatorship the press Of Peru must ns'
ssriy bs sressy one sided, and ssy noshns sxoep'
prsse Of whssevr oourse sbs D,essior may sdop'i he
lsvssyshius nov N made 70 appear utshA And tne
v,h spain tAe moss universally popular movement
eVsh hare ~sos pisos' Privsss letters rscs'ysa .