The New York herald., 1872-11-18
Financial Reforms and Important
Revenue Regulations.
AN EFFORT TO INDUCE IMMIGRATION.
The Chinese in tho Rcpublio-A Combined Effort
to Obtain European Labor-What an Immi-
grant May Hope -Telegraphic Com
munication with the United States

visitation since that OF August 1868, but
fortunately entailing no disasters to life and
property in Lima or Callao, has apparently had
an admirable erect upon the somewhat sluggish
movements OF the Peruvian legislators, and in the
two days following the cOnvulsion more was &C.
complished in the Houses OF the National Legsla-
ture than had been effected for some weeks pre-
vioQsly. The amount OF electricity In the air
evidently melted the law-glvers to stim-
ulated eXertiOns. II we receive no bad
news from the South regarding this earthquake 1t
will have proved to be a benefit rather than ca
lamity. Congress turned its attention to the
financial reforms and plans presented by the Presi-
dent of the Republic, of which q full explanation
was given in my despatch OF the 2Sth ultim0. In
order to establish the wished-for equilibrium be-
tween the revenue Of the nation and Its expendi-
lures,
AN INCREASED SYSTEM OF TAXATION
on imported goods was one of the principal ideas
OF Mr. Pardo. Congress- too, appears to have fully
comprehended the wisdom and feasibility Of
the scheme, ana the Chamber OF Deputies
has passed bill which requires the sane
ton of the Senate and OF the Executive
before 1t becomes a law, fixing the duties on i'm
ported -four at one sol the td,ega about six English
bushels; on imported wheat two solos the hundred
pounds and ten per cent ad valorem on coal, allow
ing rice to be introduced free Of duty. At the first
glance this action would seem ill-advsed, since,
from the immense fertility Of Peru, 1t would matt
rally be argued that sufficient grain could be pro-
duced within her own boundaries for her necessi-
ties and the tax would prove to be of no benefit to
the country's revenues. But the tact IS quite the
reverse. The wheat and corn consumed
in Peru is brought almost entirely from
Chile, the valley of JANA, about one hun
growing section of the Republic only afford
ing SUFFICIENT wheat at present for the require
ments of limited neighborhood. Once. however,
the line OF railway now beng constructed from
Callao to the Oroya Pass is completed, the Janja
country will be thrown open, easy transportation
can be procured and by this means the grain from
that department can be placed In Lima at prices
ruling under those of the Chiian article. With re-
opinion That by placing such heavy
DUTY UPON THE BLACK DIAMONDS
additional aSoI incentive win be given towards fur.
coal fields, from which it is thought SUFFICIENT
supply soon may be obtained. Throughout the
M rsm an Wc sSceent quality Of
actured to such an extent as to enter into serious
competition conn & for the Lima supply with that brought
exists, coal must be somewhere In the vicinity
and the capitalists OF Lima are considering the mat
duty from the fact Of It's being the principal food of
the lower classes, and OF the Chinese aborers on
the estate estates, The cost OF agriculture Is 50 great
to tax such a prime pecessty for the de-
yGGopmfnt q hs atu wealth Of the country
Inc actlOu OF tile House or representatives Will
probably be approved OF by the Senate and ninety
days alter the official PRONUNCIATION OF the law Its
provisions will take effect From this may be de-
duced one very favorable argument for the pros.
perity and good sense Of the Republic-the perfect
accord which appears p reign between the Cabi-
net and Congress, an5oe ween these two bodies
and the people at large While q fair and impair
tlal discussion OF these measures has taken place.
measures so intimately connected with the life OF
in the financial system Is so apparent that no com
plants OF a grave nature have been made, and the
Presidents purpose Is loudly applanded. The Peru
Wan Consul at Macao, reports to his government
that from the 1st OF January to the 31st OF August Of
this year the considerable number OF
TWELVE THOUSAND COOLIES
left that port for Peru, out Of which probably about
nnety.two per cent arrived safely at their destna-
ton. The loss on the voyage from ordinary causes
the period mentioned by the Consul several OF the
expeditions" as they are technically Called have
sion to China and Japan viii leave Caao about
the 18th OF November, the repairs to the iron-clad
rigate ndependencia dep requiring that time for com
Of the government Of Peru towards anne anne.
Chinese, together with the laudable intention of
securing superior class OF free laborers from the
ne as are w9t Of
amount OF dispesable land and capital and the pain
u deficiency OF labor all operate strongly in favor OF
kind and proper treatment to the mmigrants
stipuatng that on the expiration OF their contract
should they so desire, and offering hundred-iold
better pay than is procurable In over-crowded
China, Mr.. Pardo is confident that the mission will
prove of nestimable service to the Of agrcul.
ture in Peru.
TELEGRAPHIC COMMUNICATION.
The news that the telegraph had connected
jamaica with Aspinwal and placed us within flve
days hail from the United States and Europe, was
ing. Commercial circles are enthusiastic In their
expectations, and tho government Is reported to
be nvorably disposed towards subsidizing the sub
rt.t ~ "a n lou hnfv
Payta and Panama. With Payta we have I'VE had teIe.
graphic communication for two years: Mr.: Study
the proposed undertaking. is now IN Chile but on
his approaching arrival here 1t Is hoped that he
will dnd 1t possible to conclude an advantageous
arrangement with the government, We could
then swire direct to Europe and the United States.
The little unpleasantness between Chile and Bo-
iva, to which called the attention of the readers
OF the HERALD few weeks since, appears to be
rapidly disappearing When the Bolivian Plenipo-
tentlary In Chile, the cause Of the msunderstand:
had 5een proceeding In his hlgh-handed manner,
holding secretly gil the time the letter Of recall
which had previously been sent to him by his own
government. He therefore acted without any
authority whatsoever, having been virtually dis
sa Sy MS p Upe @ nc re into
a serious Trouble between Peru, Chile and Bolivia.
He was received very coldly at La Paz by President
Stood would have acted as did that of Chile under
similar circumstances.
PAINFUL REPORT
was afterwards put in circulation TO the erect that
the Chiiian representative in La Paz had been as
sailed by mob, and that insulting remarks con-
cerning Chile had been made at public diplomatic
dinner but the next steamer brought full and
emphatic contradiction OF the canard. Confidence
was Immediately restored, and the little storm
cloud has disappeared from the horizon. Chile has
nearly 5000 900 invested In the mines OF Caraco-
les in property belonging to her citizens and in the
commercial operations carried on between her
ports and that modern FL Dorado. Hence, IL Is
snrewdy Surmiscd that did proper opportunity
present itself Chile would not hesitate to take ad.
vantage OF her neighbours weakness, and appro-
PIRATE the valuable district in question. But, on
the other hand, the policy OF Peru is dametricaly
opposed to any such spoliation and an armed re-
sistancc would be made. But the danger has
passed, and we are all tranquil.
The Internal affairs OF Bolivia are as prosperous
as could be expected at the moment when she Is
entering upon the new career OF peace. The Prcsl-
dent is engaged In some educational projects, OF
which report will be given when they are accom-