New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1875-07-27

CONGRESS ENGAGED OF IIrANCIAL QCrSIiONS -
BRIILlANT ~ GAITA-i INTENSIVE roHGEilI :.

CONGRESS ENGAGED OF FINANCIAL QUESTIONS -
BEIGLgANT ~ GAIrA-l INTENSIVE roNGnRIs.
PANAMA July l7.-Up to the 9TH of July the
country quiet. Congress WAS occupied in dcvising
10 remedy the deficit of s50O"OO, and to create
"a revenue for public schools Among other propositions
To- put tax OF soles each resident Of tie
coast alii cole each inlabitant of the interior
The fate OF this bill is very doubtful. The Indians, 1t
least, prefer investing their spare money in religious fcS
tivcs and liquor TO spending il for schooling.
The Dscyfus question with the municipality Of Lima is
not yet cftlcd The house determined to resist to
the last, and las public opinion in IT, favor.
The Hon. Eichaid Gibbs, the new pirnipoteitiaty ~
the United STATES to rer, rcce ed with great cor
diality AZ Calao.
The steamer international will proceed very soon to
lay the cable between CAolos and africa, and thence to
Caldofa, in Chill.
brilliant regatta took place the eth Of J'y in the
bay Of Calico organized hy Lieut. Ackcy Of tlc United
Onward. and participated iii by the boats
Of that vessel and OF the American flag ship Richmond
together with TIE cutters and gigs of the Peruvian
of-war Union, Indcpcndencia Iansear and Aahualipa
and the gig the British ship Daring. The were
witnessed by large number Of enthusiastic aud admir-
Ing Spectators AZ hoped the iaEIcls fell a. the
Americans, who had calamity stIiycn for the enter
tanncnt OF their shore friends the occasion OF the
celebration Of the great Anniversary
The Peruvian Goycrnm. mt las just celebrated a con-
tract it'll the Sccftf Generate Of Paris and the Anglo
Peruvian Bank by virtue Of which these houses 10
provide e interest aud rrkEs fund OF The Peruvian
inroi-n debt second months Of the current
year The Government grants tue contractors tie right
10 export guauo from July l. ana to sci, the same from
October 81 six months In all the markets comprised
in The Dg,,fus contract, except those Of America Ania
ana Africa The conditions 81 the sale the same as IN
tr Drtyus contract The quantity ~ guauO To be dis
uoscH hv the Iig conceded Is 3O0n0O ions net but II
has been stipulated that If after Tie rcimbnrsemcnfS 0f
the sums advanced account OF TIE loan, the prour OF
the sale is the surplus - To he placed
AT the disposal OF tho Government ~ fast as Tie safes
effected.
Considerable excitement has been caused In Chill rs
well as Peru the discovery of large amounts OF codn
tcrfeit bank notes the btnhingnOusc OF Edwards
Co.. VALPARAISO. and OF attempts made 10 pass them ON
the Lima Valparaiso banks. The At tru was made
on the branch the National BANK of Peru ut lgIque
On the san Of June Merchant there called Herman
ktichel pcs lcd himself asking Tor change fCi 2OJ9l
Cuiliau dollars in bank notes al A. Edwards * Co or
VALPARAISO. The transaction was entered into win an
additional per cent premium, and H1,Sli dollars de
ycre,l in Ill AIT Luna against the principal bank AT
ye DAYS sight and Ia the order ~ Carlos scnelnc for
~IoOt aud the rest in notes On the same day Rechrl
made another transaction with Don Miguel Bric'on tor
700 Chill dollars in tie notes, Nbicn being lOf
varied 10 the branch of the Natnna! Bank OF Chlll al
Serena were there di.cny 10 be false ana the band OF
A. Edwards a Co. at advised ~ H. Fortunately
a package counterfeit bills, u the amount of
$40 900 WIS received by The house OF IHtn Gsunng
o. III Va parsiiso amer the discovery made, 80 that
none OF them circulated thoTe. Schenmcl II a Iacnl
merchant. got Rcichel To exchange the hiiis Tor
him The latter has been arrested aud held To tral.