The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1878-05-31
BRAZIL.
REDUCTION or INTEREST," ANOTHER ISSUE OF
PAPER AoNEY-roo MANY IMMIanANrs-
FAMINE, DROUGHT AND YELLOW FEVER.

REDUCTION or INTEREsT-ANorHER ISSUE OF
PAPER AoNEY-Too MANY IMMIanANTs-
FAMINE, DROUGHT AND YELLOW FEVER.
Rio JAxsIRo, April 80, 1873
Tho statement OF the Minister OF Finances 10 tho
condition OF the national Treasury continues TO DO
largely discussco, Tor His Excellency's boistcrous
pugnacity led him into considerable ''sioshing
around" In which tho corns Of many interests have
got roughly troddcn on. In fact, HIS Excoiicncy
should have been born an Irishman, as no seems 10
be unable to resist the temptation Of letting drive
every head, be Il q factionist or simple spectator
that comes In his way But this, though IN excellent
plan 10 an Irish latboatma MS irolic, has lis
Disadvantages In an admins OF constitutional
country, and His ExccIlency is beginning TO discover
the HISTORIAN sagaciy that resides In tho ancient
adoge Of "Let sleeping dogs c."
REDUCING TnE RATE OF INTEREST.
Following tho prom ul CATION OF tho decree OF the
18th authorizing the issue Of So, 900 Of paper
money, tho Minister has reduced tho Treasury
rate Of interest ono per centum- namely, to Ave
per cent and one years icrm-and the Bank of
Brazil has also reduced tho rate Of interest upon
deposits Tho decree has mad but slight immediate
effect in raising gold, tho anticipation OF IN
had previously raised gold about Ave per cent. ana u
was received with relief from tears Of Issue OF
$780, 600 600 $3.50 oOo which had boon current
viii be spread four ave months, aud the Iuryer
advance whicn might otherwise occur IN god viii
probably be checked by the large crop Of cvfec now
ano ny the government having, through tho
sale oil the id,Iendencid funds IN London Tor several
months 10 come. w 10 the present no par, o. THO
issue has yet been made. money being freely offered
TO the Treasury on loan
In addition TO the econvLics In the Treasury once
previously noticed others have been made which
raise tho total saving 10 $4,000 mircs, AS the gov
eminent has suppressed the swiss and Dutch Iega-
q
the allowances for houses &c Tor legations. and DIS
penscs with various high ant low officials OF the sec
rctaria Moreover, tho government abrogatcd all
the contracts Tor the Introduction OF immigrants Of
whom hundreds are arriving In almost every Ned
crranean steamer greatly TO the embarrassment OF
the 1reasury ami the Colonization Office, which nj
It's Wits end to provide Tor and settle them and tho
thousands OF miserable ana ncxt-to-naked refugees
from Ceara. 600 OF whom nave already been trans
ported TO otner provinces 70 DO provided for and set.
sand nve hundred housed III Rio temporarily, very
wiling to eat, but by no means anxious Tor work
harder than guitar twangng.
FAMINE AND DEATH.
The accounts from tho region OF drought are still or
. disastrous nature. region OF 20 600 square miles
at least last becoming dopopuaicd lis roads to the
sea marked with purifying corpses and gaunt
forms tottering seward IN pursuit OF lie welLto-do
iamines rich ven, reduced to naked bcggary; muir
ders robberes rife, the dreadful berbcrt spreading
tho whole region and striking down those whom
famine had still spared girl murdcring her two little
beast, and, amid all tnis some Of the iood
sent at heavy cost into the interior and
distributed TO the famisning poor was founu 70
been ned with lime by tho scoundreily dealers
who had sold IT TO the government rhmedaioy
doubling the previous large mortality oitne dssric@
YELLOW
The hot weather OF late has been attended with an
outourst OF lever among the shipping and on shore
In the city the deaths from yellow lever are about
four a day. A. Santos somc cases sui appear; al
Paranagua several eases have occurred and the SANTA
Catbarina ports OF Itajahy aud san Francisco havc
also received the Injection, but viii prvDaDly %
speedily freed ron u by covcr weather.
on tue 0,h the cry anu port Of relotas inc een.rc
OF the jerked bec traac OF the RIO Grende do SUI, was
struck py q squsli which did considerable damage In
the city and port wrecking several small craft aud
damaging oil the rest IL was. however. local Affair