The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1868-08-12
ARGENTINE CONFEDERATION.

ARGENTINE CONFEDERATION.
Exhaustion of the Allics-NIen and Money
Scarce-Chauces for n Successful Media-
tion-Situation of Affairs at Humaita-
Freshets Embarrnss the Allies-The Crisis at
MOntevdeO-Wreck of the Steamer Parana.
BUENos AYREs, June ~ 1858.
There are many signs Of the Paraguayan war being
near a close. 1t is very difficult to say what may be
the result but that 1t Is Is certain. The utter
exhaustion OF both parties demands change Of pro-
gramme. On the part of the allies Brazil feels very
much the loss OF men. The empire Is making
great exertons to attract immigration, and
che spends immense sums to promote 1t,
and to lose thirty thousand men per annum is more
than Brazil can afford. Money also is expended in
enormous sums, which Is adding largely to the debt
of the empire. Uruguay, another Of the allies has
very few men in the field; but these few much
needed at home that for want Of them the President
has to call out the militia and to borrow the services
Of marines from the foreign ofwar In the harbor
of Montevideo to preserve order; and as to money,
the government bonds have lately been down to
twentyeight per cent The Argentine republic is
also well exhausted in men and money, and the
public sentiment Is very much against sending an
other dollar or man to the front.
Paraguay the other party to the struggle, makes
no debt, borrows no money, but calls alike on every
citizen for his money, and. If need be, for his
life. So complete is their exhaustion that little
food, poor clothing, boys and even women are
In the ranks and are among Its evidences Of assl-
tude. 1t would be favorable time for some friend
ly, strong and just government to come in and to
end the matter by equitable and enforced terms.
There are rumors that the United States government
intends this and the next news on this subject Is
looked for eagerly.
Our latest advces from the front are that Humaita
80 closely beseged and that the garrison is almost
without provisions. Hundreds Of soldiers are seen
daily fishing on the river bank, and deserers state
that favorable hour for a sorte will be chosen and
an attempt made to escape. AT tie same time an at.
tack is expected from Lopez's forces that are now
near the Tebicuar river. New Notifications are
erected by Lopez near the Teoicuari river and the
new recruits gathered from all parts OF Paragnay are
losing fort Humaita The moral effect Of this loss
VII be great and disastrous, but thus far nothing
The Paraguay river has lately been so high as TO
nearly drive away the laed pickets that are Sta
toned on the peninsula in front OF Humaita To
seek safety from the water all had to gather up In
close quarters and they happened to be under range
OF Paraguayan long guns and their loss great,
for long time they not able to return the fire,
to escape, nor to find shelter The loss was said to
be heavy but the figures not known to the public
On the going down Of the water the pickets returned
TO their places. The river Is again rising and SO
ect SUw 1e o seamer loaded with GOALS Is
again considered Brazilian naval ofrcer has Of
fred to take his iron.clad along on the gunny side.
Goals are $500, gold per ton above the fort There
are several iron-clads above Fort Humaita, and
Lopez has seriously thought OF taking them by men
almost unarmed This he almost did once, and he
expects still to succeed He viii board them and
keep down poisonous or among the men,.
The expedition so long threatened TO feel FOR Lo-
pez's forces far as TO the Jacara river
and the act Of crossing the Paraguayans appeared
considerable loss. There no Official report OF hav-
ing seen women in the ranks, but the rumor Is that
many entire companies are so constituted.
The financial crisis in Montevideo continues. Sew
eral banks have gone down, leaving many millions
OF (nomnail gold dollar promises 10 pay aiioat Win
no real value. All business Is stopped Every Kind
OF progress is suspended. No one Is willing TO re-
ceve anything but gold and there Is no gold in cir
The Ualted states Minister washburne is at Asun-
cion yet. 1t was expected that the United States
war steamer Wasp would bring him down, but that
vessel was not allowed by the allies to pass their
neet and the Minister was unwilling 10 go down TO
Correntes TO meet the steamer. He Is SAID to be
very anxious to come this city. Most OF his sup
plies have to 20 to him from here
The money market Is not specially stringent mere.
Exchange Oh England ffy pence TO the gold dollar.
Last week the Parana, an old and favorte trader,
partly owned 10 New York. was wrecked. Captain
Langston saved his family and crew. 1t was of
Cape san AntoDia.
Election OF Dou Domingo II. SarmientO rs
Presidept-Sketch OF Colonel sarmiento-
Latest Returns-More About the Crisis ut
MonievldeO.
BUESos AYREs, June %, 1868.
For the supplemental mail have little to send ex.
cept that the that in yesterday confirm
the predictions Of the election OF Domingo F. Sar
miento President and Governor Adolfo Alsina has
still larger vote for Vice President. There 154
electoral votes in the republic; then seventy-eght
would be necessary to a choice. From those already
heard from Colonel Sarmento has elghty.three votes
for President aud Aslna has greater number still
Other provinces yet TO report viii probably bring w
Sarmieno's electoral vote TO about one hundred ou
OF 1884, One province, Corrientes, which had ter
votes held no election that II IL really hun
dred out OF lit Colonel Sarmiento is OF an old
Spanish family that came 10 this country in the days
OF the viceroys, three hundred years ago. he wa
born I'm the province OF san Juan and was educated
of the Jesuit's College, Cordoba. lie studied law
became politician, and during long exile In Chllt
he gave his whole attention to popular education
The schools OF Chile, the best in South America
and their school books are mainly the result
or his untlring exertons. Wnen turn IN evenu
occurred here he returned and devoted himself tC
schools and TO the preparation Of elementary school
books. Many monuments TO bis skin and industry
exist here, such as the normal school, the common
school system and The revised university course OIL
study. When bartoomeo Mitre became President
he called Colonel Sarmento into his Cabinet as MIN
lister OF the Interior where he gave prominence still
20 education on the reestabllshment OF the ma
Military Governor OF his native province, san Juan
IN that once he continued until matters were set
lied, schools opened public works undertaken, The
capital embellished aud affairs generally started for
ward. lie was then selected as Minister TO tnt
United states. There he has travelled In every part
and ne mas writWn on travels largely both for th1
papers and in books The United states government
has in Colonel sarneuto an ardent admirer and few
would work SO harr or so hopefully w. he TO whee
this republic into the march OF the great republic
Later news gives the exact returns thus
Foa sARMIENTo,
Votes
Buenos q
COrdONa
MendOza' II
San Luis.
IOta. bt
FOR URQUIzA.
Entre RIOS. .''..sss's'sss....s.......
santa Fe. .......... Observation-Disclosures,