The New York herald., 1869-02-15

Electoral Rcfcrm-- Financial Tronbles--Agri-
cultural Exhibition --tsencral News.

Electoral Rcforu--EsCnncsal Tr0nbles-Agri-
cmItnYal Exhibition --tsencral News.
VALPARAISO, Jan. 10, 1869.
With the exception Of the proceedings OF Congress
In regard 10 the proposed measures or electoral
form the past week has not been remarkably eycntfu
In regard &c this question the minority In Congress
and the press have labored manfuy TO secure the
night OF suffrage TO all able TO write; bur the
majority, directed by the former Minister OF Finance
bitterly opposed this idea. and declared that only
those who possessed a certain amount OF property
or who were in the exercise or some profession
shonid be allowed the privilege OF voting Tns dc.
Clson haslnet with the almost universal censure OF
the pubic: but its supporters declare that their ac
tion Is based upon the spirit OF the constitution and
rest TRANQUILITY for change in the popular verdict.
Al the same time 1t viii be understood that the
measure - in great degree partisan, as the citizens
To be benefited by the law are Of q class usual y
voting FOR the IDEAS and principles OF those who have
been successful in Congress.
rhe resignation of the Minister OF Finance Don
Alexander Reyes SO long announced, has at last
taken place, and his successor, Don Mechor Concha
Toro has entered upon the duties OF his new oice.
The state Of the public treasury all satls-
factory. The present minister is young and mex
perenced man, has combat with all the difficulties
bequcathed to him by his predecessor, and has also
10 struggle with the embarrassments arising from the
actual situation. The immense public debt of thirty
four and half millions OF hard dollars together with
the deficit In the budget recently presented OF a
million more render the position OF Minister Of the
Excneqner more OF trouble than an honor. STILL
suines his new roe with q reputation OF being
highly honorable and able man. though, as before
trelnsly limtcd. Aided by the daily increasing ex-
panson OF commercial interests in the republic, he
may he able to restore the exhausted treasury to
IL eniovad ten psigf
Speaking OF commerciai transactions. the follow
Ing data VIII give some idea OF the importance Of
the movement In this country during the year Of
Is6s:--In 1867 47,75 Custom House policies were
issued against pa in 1885, leaving In favor Of the
entered the Chilean porIs, against 100 in 1857 the
receipts Of the Custom House IN Valparaiso amounted
70 the considerabe sum Of 60 nearly
more than In the preceding year.
In Chile business but little affected by the polit
Cal events which may transpire. The commercial
interests OF the country beng almost entirely IN the
hands OF foreigners, who never mix In political
matters, their course Is not changed blythe action OF
Congress- or Of the Executive. the business CON-
munity having sufficient influence TO prevent the
passage OF any measures that would prove hurtu TO
them. and as the large transactions IN copper pro-
duce, which, with grain, constitute the great ex-
ports Of the republic, are also controlled, In the
main, BY foreigners, no injury Is received from ex-
The most favorable expectations are entertained
concerning the result OF the agricultural exhioi-
zion to be held At Santiago IN April Of this
manufacturers for the best classes OF agricul-
tural implements, and II Is already known that large
numbers OF prominent commercial houses are pre-
pairing to send TO the exposition their most sue
cessful implements, not 80 much with the
viction and knowledge tnat the importance OF
Chle, I'm an agricultural point OF view, IL fast
becoming greater. The demand for all accessories
towards promoting her advancement In this line
win be proportionaiely important. IL has been de-
termined to postpone the closing Of the exhibition
who send their articles little late the
privilege enjoyed by those who are on hand with the
OBJECTS TO be exhibited ut the time mentioned the
proposal--about the 18th OF March. In this cxpos-
ton American manufacturers should be duly repre-
scented, ~ heretofore Europe has almost monopolzed
the Chilean markets.
Operations against the Indians are still progressing
with considerable activity. The savagcs, true 10
their system OF warfare, never offer give battle
unless their numbers are superior to those OF the
enemy, and 1t appears to be their object TO entlce
the government troops as far into the Interior OF
Araucania rs possible. Their tactics have not yet
met with success
The French Plenpotcntiary, the viscount Fre,
hard, H. expected shortly to relieve NJ. Flory, who
has discharged the duties OF Charge d'Affares 80
long in Chile.
We had another large fire on January le destroy
ing the large drug establishment OF falion Co.,
situated the Governors palace. Loss estimated
st $4,000: fully insured. The President and his
Cabinet are 70 be with US next week and the follow
Ing week.
Tne preparatory works for the construction OF the
new Presbyterian church. lr. rrumbuil rector ia
the Gale lie san Juan de Dios, have at last been
commenced. The building viii be erected under
The United states steamers Powhatan and Kcar
sarge have sailed for Talcahuano but are expected
back shortly.
In business circles more activity IN noted.