New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1890-07-29
THE 1RGENTINE REVOL UTION.

The details of the Argentine revolution arc
meorre but indicate that the revolt VIII DC
COMPLETELY successful in the capital Inc
nremature discovery of the conspiracy against
the Government and the Imprisonment oil zen
oral Campos and other leaders preclmtatcd the
movement Those who were Implicated III '"e
Mot had gone too far TO retreat and they wore
comnclled TO fight in order TO protect them
selves against trial by court martial ana sum-
mory punishment The movement began on
Saturday with the revolt Of a portion OF inc
c,,,isor updcr IFS leaders. General Campos
Us released and assumed command of the In
surcent force. which speedily took possession
80 tho orscnal md the barracks The garrison
xas divided against itself. one portion occupy
ing with the assistance OF the ponce the rl'"d
Victoria or Mayo, in front OF the "ovefhlheh'
house. and the rebels the Plaza LaValie' aoou'
mile away There was lighting III the streets
between the forces for two days, bu' bhe III
surpcnts according TO the latest dispatches
erallv succeeded in reaching the Plaza Victoria
where their artillery could command the Gov-
eminent buildings. This Plaza, with Its UoV
eminent buildings, monuments and cathedral
;s thc pridp OF BuenOS Ayres. Situated near
tho water line, and occupying eight acres, II Is
ho,tIo-fold where the finest buildings and
statues in the city would be exposed to arnIiefE
fire The march Of the insurgents from inc
Plaza Lavalle and the military magazines 10
be Government house led through the heart
~ the business quarter. The lighting must
have occurred in the Florida and the Mayo tne
bandsomest streets in the city. What destf"'-
tion has been wrought in the spacious iIHa
Victoria is not yet clear from the confused
bulletins Of the revolution.
With the insurgents hombarding the Gov
crnment house and in possession OF the miIitiry
magazines their triumph in the city seems al
ready assured. President Celman has escaped
from the city. and may attempt to rally tie
Government forces in Rosario and CordoNa
but the revolutionary leaders when masters Oh
| the capital will virtually have won Inc "h"'c
! campaign. The same causes OF dl'Satislac
| which have brought Oh the revolt III bucIio>
| AyrcS will be likely TO prejudice pubhc opIHlo"
| in the provincial towns against Al adln''iIN ID
| lion ,hat has hoen most reckless and uhiofl"-
nate in its financial policy. The large t"feISl
| clement in the Provinces which has been re-
cruited mainly from Italy. takes little interest
| in political livaliies anu has no heart Tor c'FiI
war. II the insurgcIt leaders can re1tor' or'er
| in the capital and organize new Govern
ment that will have some title to pubic con-
Gdence. they will probably be allowed Tor
season 70 establish a military Dictatorship
Bloodshed and carnage IN the streets OF
Bucnos Ayrcs have naturally CEASED heaNy
decline Of all classes of Argentine securities IL
England. Whatever may be the iS>uc oil TINS
civil strife, the financial credit oil the couhti!
will suffer for long time in the mone%ed
ccntres from which hundreds of millions OF
captal have been drawn during the last thirty
wears. This impaired credit may be national
gain in the end The facility with which
| Argentina has been borrowing money III Ing
land at high rates for public works ana ran
WAYS in advance OF the requirements OF tho
country has stimulated the widest spint o.
speculation and demorllzed every branch o.
industry. When it is more difficult t. "bthi
loans and advances in London the nation VII
be forced 10 adopt more conservative polc'
of administering its finances Argentina h"
been reduced to It's present deplorabIc stat
largely through systematic overriding aA'
reckless borrowing. 1t has been living oi
brandy for many years. 1t needs sober Wa'c