The New York herald., 1875-09-29
PERU AND BOLIVIA.


PERU AND cHILI-THE NEW GUANo AND NITRATE
LoANs-THE INTERESTING QUESTION BETWEEN
THE GOVERNMENT AND THE BANKs-ATTAcK
ON PERU By THE LONDON PREss-HoNoRs TO
THE MEMORY OF ANDREW JOHNSON.
LIMA, Sept. S, 1875
The Dacia and International steamers in the service
Of the London Telegraph Maintenance Company have
successfully concluded their work this coast, and
submarine cable now connects Chorrillos, watering
place nine miles from Lima, with Caldera in Chill,
whence telegraphic communication may be had, via
Valparaiso and Santiago with Buenos Ayres and Monte
vdeo and from these last named cities TO Europe and
North America by way Of Rio Janeiro Bahia and Lis
bon. The coast line touches at Molendo, Arica and
Iquique, passing then to Bolivian territory at
Cobja and thence TO CGldera The first messages
despatched by Mr.. Pardo to the Presidents of Chill
and the Argentine Confederation and to the Emperor
Dom Pedro, of Brazil, congratuating them upon tho
new link established between the respective countries.
The enterprise should prove to be profitable one but
the tarih now fixed is so excessive that the privileges
afforded by the cable are pse acto placed beyond the
reach of the great majority of merchants Even for
dispatches between the coast stations of Peru charge
Of twelve hard dollars for ten words is exaced making
correspondence more than expensive. curious fea-
ture is to be noticed however. The Minister of the
ects subprefects and other officials of the government
in the South, orders them in their communications
sent over the wire to
SUPPRESS ALL cEREMoNIous TERMS,
and even to address the President of the Republic
simple private citizen leaving out the inerminable
''Your Excelency" and "May God keep you under His
protection for years to come" 1t is shrewdly sus
pected here that this order of the Minister is by no
agreeable to the telegraph company, their
profits will be notably diminished thereby but the
wishes Of the Secretary paramount The Havas-
Reuter- Agency, opened in Lima, promises TO do fair
business, the system, as is well known, being econom
icai
The news received from the Financial Commissioners
in Paris and London specially appointed, as 1t will DO
recoected for the purpose Of selling the 600 900 tons
ofguano is far from being satisfactory Up to last dates
favorable proposals had been received, and Messrs
Rosas and Althaus, the gentlemen in ques
tion, apparently somewhat discouraged. One
of the Of their hope, temporary failure lies
in the most extraordinary and uncalled for crusade
against Peruvian credit recently initiated by several of
the London and Paris journals Peru has always been
religious in the discharge of her obligations abroad,
that say since the guano offered guarantee,
that 1t is difficult to conceive the motive animating
these inmical newspapers their attack the coun-
try One in particular the World of London INDUCED
in two columns of leading article few weeks since in
which Peruvlans and their mother land described
savages living IN wilderness; the rifle and
ponard as their national embems, and the resources
of the Republic as simply nA The utmost
this diatrlbe Even the foreign merchants doing
business in Lima delberaed to the advsability of
the representative of Peru in England had consulted
the lawyers OF his legation regarding the steps to be
TAKEN 1t was deemed better TO await the result OF his
proceedings The author of the editorial referred to
must be strangely ignorant of the wealth of Peru when
such animadversons are INDUCED IN. Only one little
fact is sufficient to disprove such argument
sary the allegations OF the World Over fifty steamers
continually plying up and down the Peruvian coast,
carrying products of country be reembarked for
foreign ports and dischargng in Callao, Mollendo,
africa, lquique, Pacasmayo, Payta and Chimbote
the vast quantities OF merchandise destined for
fhoG nu nl unht Tho nta Altrf
Nevertheless according to the London World, Peru is
wilderness Negotiations still going between
the banks and the government with respect to the
money accommodation asked for by the executive but
yet no definite conclusion has been arrived at. The
banks offer to give the government sufficient sum of
notes for Immediate expenses and TO take upon them
selves the service of the interior or home debt in
sideraton OF yearly interest of six per cent most
ticng figure when it Is recoected that money is tight
In Lima at eighteen per cent per annum and the priv
lege OF the guano consgnmeDts TO the Mauritius La
Reunion and other small markets; also the banks de-
sire the consignment of nitrate under the new Expro
priaon law. 1t is understood that acceptable offers
have been made in Europe toward supplying the gov
ernment with the ca 900, 600 necessary for the
purchase Of the nitrate manufactures, but the
Interested parties abroad holding back await
the result OF the guano SALE SO that really we are at
a deadlock The government has no money to even
attend to daily expenses and such is the financial crisis
through which we are passing that capitalists Of year
since only rich now in either retrospect or hope.
By next steamer hope TO be enabled TO report as to
change for the better. The government of Peru and
the foreign legations of this city hoisted their flags at
half mast the 4th inst. in honor of the memory of
ex-Prcsident Andrew johnson. President Frias, OF
Bolivia has given up his proposed trip along the limited
seaboard of that Republic, his presence being deemed
necessary the capital, La Paz Nothing of any
importance has reached from Bolivia The electoral
campaign for the Presidency is conducted in Peru
quietly. Only few encounters-none serious-have
occurred between the rival partles and General Daza
appears to be the first avorte just General Prado
with US. Yet these delicate topics your
spondent prefers postponng any remarks until alter
the vote Nothing is positive in the political line
either here or in Bolivia