The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1866-09-13

Minister Of War; Senator Angelo Eoniz da Silva
| Ferrax
Mniser OF Marine, Deputy Alfonso ceiso dc Assls
! Figusiredo.
Minister Of Agriculture Deputy Manoe Pinto de souza
Oantaa
| FINANCIAL p,sARHANoyMssrs
As the ministerial crisis which cannot he said 70 be
ye settled, considered matter Of importanc, both
politically and financially have sncceeded obtaining
from we'll informed source the following statement OF
the canses remote and immedte which led 10 pres
| ent state Of Affairs
The consequences Of the abolition or the slave trade
upon productcn and consequently the material pros
pcrty OF tho co ntry, had not appeared been fully
appreciated, until the years 1854, when the planters
an embarrassment on the part Of the agrc unrai inter
hch soon Influenced all branches Of trade domestic
| and foreign.
Tho climax was reached In the great failure OF Messrs
| souta Co, in September, 1884. The Bank OF Brazil
lad already for assisted that great house.
refused to continue its accommodation The conse.
quenee was s complete failure for about forty millions
or dollars with it the failure Of several other banks
for about the amount involving the ruin OF large
| number OF commercial houses
In this terrible crisis the Minister refused to perm.
the Bank Of Brazil, which had greatly overissued to
embarrass itself any further with Souta Co.. but did
sustain the House Of Bahia Bros. TO the extent Of
venerable Marquis d'0linda bera'l formed on the
18th Of Msy, assS srS ~! 81 !ss s q yg 1865
Seaor Das de Carvalho, Of tho recently dsuct minis.
trv, man OF small note In canacitv managed the Iroa.
sury Department so neficcnty as t. provoke moral
cutlery because OF the run0us rates OF tho last British
loan; because OF the indifference with which he treated
the great public OF small change and notes of low
IL e csny an %sls nsy
Ing more and more embarassed-the exchanges of the
mse esa doa ve time
twenty per cent discount between thu different provinces
! Of tho empire.
months SINCE Ser0r Carao Of san Paulo took his place
The first measure Of this gentleman recommend
its nraa issue OF three to ono to The rennusheu 70
OF It's paper circulation, and Its Limitation deposits dis
co nts and mortgage advances on estates, tor Its final
and rapid liquidation, the government to the
tire issue Of paper The government already ssres all
the small nocein circulation, namely, Of one, two and
five nilrcs directly from the treasury and these being
subjected to discount between the provinces have
horne premiums during the last year varying from Ave
| thirteen per cent.
STATUS OF THE BANK OF BRAZIL
Although there rs Great necessity for correcting the
raper In circulation instead Of n ing too great il hardly
adequate TO the large commerce and industry that
oght 10 represent Tho difficulty Is that this paper,
NJ, considered to EFT sold basis; but the occasion
selected by the Minister dnrnc the height OF costly
crisis 10 the commerce or the country, was,
to say the least most inoppornne; and tho proposition
commercial BODIES OF the city, and secuted by the Bank
Directory ITSELF the associate ministers requested the
Minister Of Finance TO withdraw H. lie refused. Ttey
then asked him to resign He again refused after
which his colleagues resolved TO resign themselves and
thus compel his withdrawal tho crisis being precpilaed
by Dr. Paulo Souza, the Minister OF Agriculture md
Commerce demanding not only the reconsideration Of
the and financial matters but also for the prcser
vati"n OF the liberal and dominant party in the Cham
ACTION OF rux v,1rrpoR
The Emperor, receiving the RESIGNATION OF the
Ministry refused for several days tn accept IT, contend
ing that their duty continue in Office and close
the war; but he finally called the Councillor Zacharias
distinguished liberal and instructed him organize
now administration which ne succeeded In doing OF
almost entirely new elements none Of the minister's
ray Minister Of War; and senior Paransgua senior Fer.
zhas been Minister Of War than one year. was
both times He has Of late acquired liberal tcndencirs
ard beng very able man. is tolerated by the dominant
party.
TIE NEW MINISTRY IN PAruax-sr
On Saturday. the 4th instant the new Ministry met
Parliament. whom the announcements was made that
ton on Monday, the eth This, however. did not suit
certa m"mbera who then and tbere extemporized q
determined opposition to an unfred Ministry. Nothing
would serve but immediate declaration of the policy
the government intended to pursue and the Ministry
Of diratsfn ton resounded throughout The legislative
hall which we're reechoed BY tho strangers In the gal
with Zachariasis While the words ,hieves," s'rob-
hen, I" "the infamous Ministry" and similar compl
menfs were psnta,,y snc~srea on tho heads q men
either good or evil Tho CRY up by tn crowd
oaiside. causing much comnoton IN the midst Of which
an adjournment took place.
nQuvccaL HvMsrxwAL VICTORY
On the 9th inst Ministers in Parliament prepared
permitted to declare the opposition we're deter
mined on trial Of strength In the form Of vote Of
Ministry who resolved their oaicaI existence
the result OF the VOTE there bcng subsidiary ores
vote being taken found that the ministry had
majority q three on their s,dc No other issue will
SEPARATION Of Tim. oS sss "a q ~.
A NEW GOAL nrxr ~ RR,xn.
There has been in this city for several weeks old
IN Pernambuco, named John DoneIy, who has just OBJ
tanned the prvilege Of working coal mine belonging 70
do Of In rlo IN
edge. reduc ng the Transportation n minimum Opposite
the mine, and at shor distance from the main land, Is
. small island, belonging 10 Mr.. Doneily the inerme-
date space forming harhor for vessels Of
TONNAGE which can run alongside the wharf and dis
charge and take In cargo leaving. desirous In OPP
roste direction from their place Of entrance. Mr..
Donely had for seven years made unsuccessful appca
working his min. and making the harbor In question an
International coal ng depot for which II Ia admirably
% ss sn n TIE raer o. Vessels eSond 70
pl cation had also been previously made to the general
government but with like want o. success, tl tho late
administration In the throcs Of dissolution. when
MI Donev carried his point The coal Ii said TO be
highly buminous and, Therefore, very suitable for the
from the late Mt Ginty manager Of the gns works Of
this city, in which that gentleman offered him thirty
company pays moro than from eighteen TO twenty
m lres for the best Liverpool gas coal This will give
| prove 10 be extensive
xxcRsnoS vKon THE SOUTHERN srArm
rne pro s Ct sscens any accession Of popSaon
L
gentlemen from those States who have been prospect
ing for location In the southern provinces OF this empire
are now In this city their return home In disgust
and quite dissatisfied with the country which docs not
suit them at all These gentlemen, Il In said, OF
ans, VINO were induced to visit this country Judge
for themselves as 10 its desrabiy home and they
have scovercd that It 10 not what has b-en repre-
scented to be In fac they they do far better ut
home, whore they intend TO remain In future II Is alb
surd to expect TINT American citizens be content
leave their own country whore they live In comfort
aud have elbow room and 10 spare encounter all tho
hardships aud Disadvantages Of Wild country, with
strange people, speaking strange LANGUAGE, together
with subsection 10 number OF religious civil and social
| d. abilities which were unknown 10 them at home.
What Brazil wants s labor, combined with capital, in
the shape OF portion Of the teeming populations II Eu
ropestaiwart fellows, with little means who
able and willing 10 start axe in hand, and hcw out for
themselves homes In the virgin and fertile soil OF the
primeval forest Capital without labor In unsettled
| or sparsely settled regions of such provinces Rio
Gmnde In the South. and Amazonas the North, must
A fui thot ola 10