Baltimore daily commercial. [volume] (Baltimore, Md.) 1865-1867, 1866-06-04

From Messrs. Kirkland. Chase & Co., we have re-
ceived a COPY of tho Aagjo Bruzi(iun Times of MAY
1, published at. Rio Janeiro, which contains some
interesting news of the operations of the Brazilian
army against the Paraguayans, well as other mat
torS. We select few extracts:
The news from the River Plate since the sailing Of
the French packet has been record of success the
moro gratifying TO the BRAZILIAN nation that they
have been exclusively achieved by the Brazilian
forces besides being of considerable Importance
wards the cOnsummaticn of the campaign against
Paraguay. These have been: lst the defeat and
annhatOn of a superior force of Paraguayans who
attacked the 900 Brazilans in charge of the island
battery in front of Itapiru before daybreak of the
lOth OF April, but were routed with great slaughter
losing in killed, wounded, prisoners and drowned
900 to 900 of the LOO VINO made the attack, the
Brazilian loss not exceeding $50. ID the landing of
10000 BraziIians, under O5orio, on the Paragnan
shore upon the 10Th of April who drove back the Par
aGuayan SkirmiShers defeated with great loss of men,
two cannon and iag Paraguayan attack by 3 600
men, next morning, and being joined by equal
force of ArGenincs and Orienas took possession of
the fort Of ltapTu and all the ground up to the en-
tronched Paraguayan camp the enemy retiring in
such precipitation as to leave two heavy cannon in
the fort and to neglect destroying the bridge tho
stream covering the front OF their camp. In these
operations the Brazlans the only trOOs under FIRE,
lost about three hundred killed and wounded. while
the Paraguayan loss in killed alone reported at five
hundred, besides four cannon, a flag, and number
OF prisoners, horses, etc.
The news of the successful and comparatively
boodless passage Of the Upper Parana was received
with extraordinary enthusiasm at BuenOs AyrcS
where its news had been awaited with the utmost
could be effected only at great sacrifice of life on tho
part of the allies. The antcipations are now that
successful assault of the Paraguayan camp will yir-
tualy end the war.
In Rio de Jancro during the week the people were
rejoicing the Brazilian triumph on the island in
front of ltapiru, and remaining daily expectation of
the anticipated bloody crossing Of the Parana an an
ticipation which the arrival of the Recte upon the
lst of May speedily changed to astOnishDeut and
pleasure the small loss really sustained and to ex
uitation at the gallant manner in which the Brazil
ian army took the lead and fought the battles needed
to secure tho passage.
Naturally, under these circumstances but little
business of political import has occurred As respects
the Bank of Brazil the Government measures have
not yet been taken up, but the appointment of the
Nisc0nde de JequitinhOnha to the Presidency is
looked upon as an earnest that needed reforms will
be enforced and has been followed by reduction of
the minimum rate of discount to eight per cent it
being understood that the accommodation will be
granted only to the best commercial paper, and that
a ontracton of the issue Of the bank has already
been initiated and will be steadily carried.
Sr. Pedro DGs de CarvalhO, the former Minister of
Finance has resigned the vice presidency Ofthe bank
not being in accord with the Government in its action
with regard to the bank.
Professor AgassiZ has arrived from the North. and
purposes to give Of lectures, shortly on the
interesting subjects of his great archaeological and
and glacial discoveries in the AmaZOnaS regions.