The Waco daily examiner. [volume] (Waco, Tex.) 187?-1888, 1885-07-02

eminent il probable but not assured.
Carceres has control OF the southern
provinces of the republic and is
marching toward Lima with an
army of 1000 or 5000 men.
President Iglesais ia prepared TO
defend the city, but has neither the
means nor the men to make an etli-
Client campaign. He dare not move
tho army from the capital for fear of
icvolution there aud is compelled to
SEQ the interior provinces, one by one,
subjected 10 the authority of Caceres.
Iglesais has no money aud is re-
sorting to extraordinary meas
ures to secure enough to
keep the army in fighting shape. He
is regarded as an honest man but rs
under the influence of Chilli and there
fore Is unpopular; though the people
who oppose him do not want Caccras,
the mountainccr president, to rule the
country aud between the two they
prefer Iglesais.
There is third party headed by
General Pierta, formerly dictator of
Peru which Is said to be
composed of the best elc-
ment of the republic; namely,
the business men and those ofprop-
erty, whose purpose Is to secure both
the abdiCation of lglcsais and the re-
tiremcnt of Carccrcs by making con-
cessions to the friends and supporters
of each. SO far their peace negotia-
tons have not met with success and
now there are indications of n move
ment TO accomplish by coup de eiat,
what diplomacy has failed to do. Car
ceres will not retire in favor of lglesais.
II is thought he might be willing 10
yield to Pieratos, and when
he and his army OF Indians have MP.
preached near enough TO Lima 10
make such q movement effective, IL Is
said Pieratos' party will give lglesais
an opportunity to choose between
Picratos and Carceres. Then terms
can be made with Pieratos and Car
ceres, after which terms can be made
with both the government party
aud the revolutionists for peace,
with Pieratos rs dictator, until con-
stitutional president can be elected.
Until this peace is accomplished II is
useless TO talk of commerce with
Peru.
The country is now stripped of
everything that ~ valuable. The con-
scripts for the army have left
the farms untitled; the people
are producing nothing; trade
is practically suspended, and
ailiuent circumstances, are now living
upon what they can borrow of the
pawn-broker. The importing mer-
chants say that they cannot buy goods
without sending the cash with the or
der and distrust is SO general, that
credit is obsolete. The government
has incurred an enormous
debt aud its principal sources OF
revenue-the guano islauds-haye
been seized by Chill. But with few
years OF peace and industry, prosperi'
ty would return TO Peru for her
national resources are abundent.
In the interview between the
commission and the presi.
dent and minister of foreign
affairs of Peru, the latter
said, "rhis government is disposed II
afford all possible facilities for in.
creased trade but think another line
of steamers would be very desirable
/ The lines would be called an Ameri'
can line but we would like shares in il
to be offered to citizens OF Peru so ~
to allow them aud the government
an interest, and thus MAKE
it really an American-Peruyiai
line The coasting trad'
is the privilege of each country but
it has Tor different reasons, been al
lowed to be taken up by foreigl
traders, but this line should, ifpossi
BILE, sail under the flag of the diiieren
nations and countries OH the entir
coast, as then countries would iInmc
diately give the right OF the coastin
trade to the steamer and would tinall
give an exclusive right. In regard I
the question of a reciprocity treat
. the president of Peru thought
would have to be deliberated befol
u definite answer could be given.