The New York herald., 1869-01-14

all tnelr iaOOrs, ne Cniy expeuient iouho ~ the Ou
one-borrowing money from the consign0rs OF
guano There are other capitalists either In this
country or in Europe who are willing risk their
funds in negotiations with governments which,
| sometimes existing but for q few months,
are declared Illegal and unconstitutional by
their successors and all OF their acts
considered null and void. Hence the Min
lister OF the Treasury sensibly remarked that
in this case there was no opportunity for any dis
play Of financial ability; that as the country was per-
force obliged to seek assistance at the hands of the
guano companies the only measure to be taken was
to procure the best terms possible for the nation
After conference with the consigners he announced
that the companies weIe willing TO advance the
necessary funds to the government on the security
OF the guano at moderate interest, but with the
condition that their contracts should be extended
two years. This latter clause was bitterly attacked
In Congress- probably because some OF the members
Of that body desired the opportunity Of testing the
profits OF the business and the Minister was more
perpexed than before lie sought escape from the
dilemma In offering his resignation, but was per-
Then the companies wishing to conclude the mat
ter, waived the question Of extension and consented
steiy for present emergencies and to hereafter de-
liver monthly nstaments to the Treasury sufficient
to cover the expenses Of the administration, COM
pensating themselves for the denied prorOgatiOn.
During the discussion OF this matter In Congress
the Committee ON Finance called 60 their assistance
the most prominent merchants and bankers OF the
city, but the consultation produced beneficial
suits Indeed, as have before mentioned, the only
solution to the question was that ultimately arrived
Great discomfort has existed among all classes OF
government employees during tine past two months rs
the poverty Of the Treasury has prevented the pay
nent Of the salaries and not only has this particu
lar classSuered but business circles have felt the
enscts q sne crs IS nov me s nnsnc !. horizon
all arrears will be discharged. What Peru will do
without any system Of taxation after the disappear
ance OF the guano b more than can be easily cou-
iecturod.
Preparations are being made to receive and
load vessels with guano At the Northern or
the. government Of the United states had
such spirited controversy with Peru In 1855
permission TO undertake the loading, and II was
finally obtained by Mr.. Echeniquc, who obliges him
the 70 n 70 M
cawber, on reading this arrangement, might remark
that some one must sufer, and 1t Is confidently be-
leved here that the shippers VIII have plenty OF rea-
orders have been issued BY the government to the
three pounds sterling the register ton The stupidity
OF the order u apparent, as frelghting ship per
number Of tons register y an operation as yet u-
the companies will probably eject q change In this
order. and as large quantity Of guano win be ex-
such low limit respecting freiehts can be consented
70 on their part Frelghts range now for guano to
o@ a 81 u aOs M q n 9 Ss son ana 70 B
An important decree has just been made public by
the government, declaring all the inland waters OF
and countries This, taken in connection with the
similar law issued by the Emperor OF Brazil, renders
Amazon and nd reach point distant about % eighty h
leagues from lana having the opportunity Of trading
with the friendly Indians and the possibility Of losing
their crews by the appetite and teeth OF the canni-
bals- This government has several small steamers
on the Peruvian headwaters Of the Amazon and
brlsy surveying the different branches Of the great
artery. There exists In that region almost every
description Of mineral and agricultural wealth, but
the dcuty Of reaching the locality has always been
an insuperabe obstacle TO immigration. When the
railway from Lima to Iauja now being surveyed Is
completed, the intervening distance between the
headwaters Of steam navigation and the terminus OF
the railroad will only be about twenty leagues and
no doups nlgnw I! VII vii oe % consiruc.ed 70 iorm tne
Peru AZ the Pacific Railroad Is to our own country
lively opposition TO the British line OF steamers
established this coast is now being manifested.
The government grants subsidy OF $4,000 monthly
to the Peruvian steam Navigation Company, presents
ment Of the cost Of two ne vessels now being con-
structed In the United States; and the agentsof the
French line that runs between Vera Cruz and st.
Nazaire are here making arrangements for the
organization OF their company on the route from
Valparaiso TO Panama, having also received heavy
win be running about April next, and we win then
be able to travel without incurring the enormous
expense now inevitable. The manager OF the Eng.
lish company assured the government that he would
reduce his rates twenty five per cent provided the
subsidy TO the Peruvian company was Withdrawn.
ous y = probable his proposal will not be iavorsby
The Tuscarora and Dacotan are in port. Health Of
tne city not satisfactory. Several cases OF yellow
fever during the past week.
Resignation Of the Peruviaa Minister Of the
Trcasury-tsencrai Items.
LIMA, Dec. ~. 1885,
since my last communication OF the 22d inst.
nothing OF importance has occurred In the capital
and from the provinces we hear that arars are pro
Ir1swa ufo
and dissatisfaction In Arcqmpa have died out and
the whole attention Of that portion OF the country
appears to he devoted to the work OF raising the
ruined cities from the DUST The reports We received
Immediately after the dreadful earthquake of August
last were not exaggerated In the least although In
general snch stories psrtakc OF the Imaginative cast
and every steamer still brings us fresh details
concerning the injury and ruin suffered. The
people have brsvely set to work, and while
the government, hampcrcd as II is BY lis financial
diniculties cannot sid them In any very effective
manner, the ordinary current or affairs seems to
have resumed its course. Great numbers or the
persons who, in the nrst fearful moments. ned to
Lima have returned 70 their homes and are busny
engaged IN the endeavor 70 rebuild their fallen
houses and their fallen fortunes
After hard battle with congress and the Presi-
dent the Minister Of the Treasury found necessary
event . greatly 70 be regretted. for Mr.. Calderon
possessed the entire confidence OF the business
s v" p S.ss 'S % Hqa n.
ankrs OF the country were correct and his project
| for their amelioration was based ON the
| sponsibls and able hands, thus securing
| the money necessary for the expenses Of
| the companies, obtaining funds on favorable terms
for the country. u appears, however, that the
President was not Of the same opinion, ana c0nse
quently the Minister was obligedto 70 leave his posi-
0on. The once OF Secretary OF the Treasury 10 %
thankless and 10 difncut IN Perm that few persons
can be found 70 accept It. In former tmes when the
finances OF the country were In . hourishing c0ndi
| ton, and when army and navy contracts were the
order OF the Day the post was eagerly sought for and
| the manner In which II was occupied may b con.
| jectured from the now apparent results.
The health OF the republic In not nj all gatiafoct0ry
In Calao and Lima The yellow fever has reappeared
not in very violent form, but clearly proving that
the disease has been spouIderng during the pasI
| winter, and with the warm weather We may expect
renewal OF the terrible visitation OF the commence
| ment OF thiB year. From the South We learn thai
Nan