New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1892-03-24
mat several Sikh police were killed N the engagement
which preceded the taking OF Temerloh
ARGENTINE PROSPERITY RETURNING.
PROMISE OF EXCEPTIONAL ACTIVITY IN TRADE
DURING TILE DULL SEASON.

PROMISE OF EXCEPTIONAL ACTIVITY IN TRADE
DURING THE DULL SEASON.
London, March GA dispatch to "The Times
from Buenos Ayres says: Data obtained from the
railways and from producers md shippers show
that owing to the fall in prices abroad and the fall
In gold here produce from last years crops valued
at S2oOOO,OO0 remains for export, giving prospect
OF exceptional activity during the duh season. Fur
Their data show that financial crisis exists among
the people and that the pecunary troubles are solely
administrative. The figures Of the sales OF land
show bettermcnt Of from Is to 20 per cent since
1890"
The detailed accounts published in the latest Ar
gentine papers at hand concerning the real situation
of tho country confirm the views expressed by the
BucnOs AyreS cores pondent OF The London Times.
The Republic IS no longer in the depressed situation
which preceded and caused the revolution OF July,
1880. and the present financial troubles are indeed
"solely administrative This was TO be expected.
already explained here. since NcePrcsident Pele-
GRIM, who succeeded Juarcz Celman to the Presi-
Dental chair, has administered the Republic accord
ing 10 the corrupt traditions prevailed under
his predecessor. and against which he never protested
though knowing them perfectly well. or course he
has not favored nor required the judicial prosecu-
ton Of men who defrauded the public treasury under
tho administration OF Juarez Celman and himself
still n report Of Senior Ouvinas the National Revenue
Inspector has disclosed such tremendous frauds tha
the Argentine Chamber has appointed speciai
committee 10 Investigate the matter. 1t is siteaoy
proven, for instance, say the "Prensa' ana o'hcr
Buenos Ayres papers that the former Director OF the
National Bank caused l0>S OF Sl409OO OF dntos
through loss OF duties Havana cigars alone bh-
President Juaez and his Ministers brought into the
country furniture. fine wines and objects OF ART, WITH
ont paving cent of duty, these goods passing upon
a word OF recommendation through a special ware
house. In single year ex-PreSident Ceman caused 10
be imported free of duties, less than ten valuable
cargoes brought by French steamers.
The failure to punish such abuses somewhat wcakene
the confidence of the people in prompt resurrection OF
Argentine prosperity But next October senior lrIe-
crini will no longer be President; more honest Ad'
minst:TtlOn will be Installed and the natural resources
of the country will give all the results expected from
them. Not only Will there be- as says 1.-The London
Times" large surplus of products TO be exported D't
the sales OF land show beerment OF from 10 To 20
Der cent Moreover the discovery Of coal beds is 80
mportant that the native railroad companies have de-
cnpd TO renew their with English mines. from
which was imported the coal necessary for tie Great
Western the }uenos AyrcS and Pacific and the TRANS
andine railways. The returning flow OF emlgfhllts 10
Europe which amounted to 10000 PERSONS In ISL mas
cen Sed and 22s immigrants have arrived IN The single
mouth of January 1899. In the same month the Gus
IONS horses of uenos Ayres and Rosario have collected
more than 81 100000. Confidence in better future
seems 10 lie restored and n French syndicate has oierd
10 pay $1OOOOOOO In gold for ifty-ycais' monopoly
of the trade in matches and tobacco.