The New York herald., 1870-10-15

Dissatisfaction with Congress Reform Ques-
tion-Effeot Of the European Wharf.-The
Claims Of the Argentine Republic
Rejeoted-Abolition of tho
National Guard
VALPARAISO, Sept. ., 1870.

VALPARAISO, Sept. 3, 1870. j
According 10 the constitutional. stipulations the
ordinary sessions OF Congress terminated on
the lst inst, but an extraordinary session
OF fifty days was Immediately convokel by
the President. Unfortunately. the time OF
these lawgvers has so far been occupied by
questions OF secondary importance, and there seems
to he dslncllnation their part to meet the SUBJ
jects that claim popular attention and sympathy.
The absorbing question Of the hour Is the Reform bill
now before the Chambers. Already long debates
have taken place, arguments and eloquence In mild
degree have been expended on the subject, but no
vote mas been recorded. 1t Is now proposed that
Congress shall continue sessions until the bill is
finally disposed OF, and 1t Is possible, In OF the
outside pressure brought TO BEAR that the propos.
tion will be sustained. Otherwise the project of
reform could hardly be settled during the
present extraordinary session. The peO lie gene.
rally have reason to be dissatisfied with the action
OF the Senator'S and Deputies. SchoOboy speeches
and nerce invectve are productive OF but little bene-
IT. and, on the contrary are reprenensible when the
grave interests Of the country demand a hearing.
motion was introduced, but not definitely acted
upon, regarding the lands possession OF the Arau-
canaan Indians Forgetting the important fact that
as yet tnlS territory has not entirely fallen into The
power OF the government, and that the troops em-
poyed IN the campaign have found the enemy
rather too Formidable an entcrprlslng representa-
tive desired 10 declare the territory public properly
ana TO portonit out among the settlers who might
d.
posed that the tide OF immigration would flow freely
IN that direction, the cheerful character OF the
Indians ana their propensites towards approprla-
ug n0rsenesh &C., belonging 10 other parties are
very generally known.
The news OF the war between France and Prussia,
received here by the last steamer from Panama
caused great excit .ment and some depression In
business circles especially. The amount OF mercan-
tile transactions done here by French and German
houses is very great tue latter PROBABLY being in the
ascendant. The'diniculties entailed upon the ex-
change and purchase OF merchandise are therefore
tn ha
leit. The markets are extremely dull; holders OF
dry goods IN large quantities appear anxious 10 re-
allze, but no purchasers are found. The only stlr-
ring business movement hos been the purchase OF
large parcel OF nitrate ior Shipment to the United
the money market, fears being entertained that the
complications OF the war may lorce othcr European
receive such Intelligence by the next steamer Us to
dissIpate the present panic.
The President, on the Esd utimo, received the Ar
gentne and British Ministers give his decision as
umpire between the two governments In claim
preferred against the Argentine government by
Brsh residents OF M0ntevideO for injuries received
when that port was bl0ckaded by an Argentine neet
during the revolution o. 1S46. Tie decision OF the
President based upon the opinions OF several or the
most eminent lawyers oil the republic was adverse
TO the claimants.
1t IS now proposed In Congress 10 abolish the or I
ganzarion known as the National Guard. This body !
OF troops, instead OF performing the duties imposed
6y N tne construction have always been used BY the
different administrations for lae purpose or ntlm-
fdatiDg electors at the polls and for fnrtherng their
own political designs. The expense attendant upon
their support Is also considerable; therefore /; Is to
De hoped that the resolution will be adopted.
Since the collapse OF The late attempt at revolution
IN Bolivia the government has been actively EN-.
poyed In taking the necessary steps for the delivery
OF The guano deposits OF Meuones Co the contractor
y MI. henry Melggs. The commission named for this
purpose has commenced It's labors, and within lew
wee weeks the work Of loading vessels will be begun.
@ Uhe snip was waiting for her cargo at last advces.
rms guano sells well In Germany and Belgium and
Is preferred By many to that from the islands of
Guanape In Peru. -
On the 2sth ulumo the English flying squadron
lelt this port under orders home. The Austrian
Iri5ate Donau also sailed upon the same day These
vessels were recalled by their respective govern
Ments IN view Of the present European war.