The sun. [volume] (New York [N.Y.]) 1833-1916, 1897-08-17
FROM SPANISH AMERICA.
MATTERS or INHERENT IN MANY
SOTTHERN REPUBLICS.

lOuiDtn -Utncr FuoI' ~ " hnttftsts
Last May silver coinage was suspended In
Peru by decree OF President Pierola, and new
pold mines. rich In promile. were discovered In
the department OF Puno. 4 recent despatch
from Lima contains the news that the President
las devised q plan. which is to DO submitted to
The Congress this month. for tho establishment
Of the gold standard rs tho regulator OF the
currency Of Peru. The success OF his plan will
l., favored in case the newly discovered gold
mines turn ont we'll.
Tho decree for the suspension Of silver coinage
rroyides that the mint shall not accept any bar
silver, and that all silver coin brought into tho
country shall be delivered to the mint at Cal
lao. there melted into bars, and then returned to
the owners. Tho purpose Of the decree is to
check the further depreciation of the silver cur
rency OF Peru.
The circumstances OF the Presidential cam
paien in the republic OF Argentina seem to favor
the election OF he candidate OF the Nationalist
o. conservative party, Gen. Roca. The condi.
ton OF tho Radical party is not such as to on.
courage the hopes of its adheronts. A mani
10 0 issued by Gen. Roca is full Of promise. In
announcing his programme, he says that 1t Is
his design to keep clear Of political bigotry, to
form nm administration in which all parties
shall DO represented. to attend strictly to the
financial and economical interests Of the coun-
try, and 10 secure foreign capital for the dcvol-
opment OF the national interests. The nnan-
cfal part of the Itoca programme will attract tho
attention OF foreign investors in Argentina, as
It's execution would be sure to strengthen tho
Governments credit, and encourage invest
ments in the great public works of the coun-
try. Argentina has grown SO rapidly in popula-
ton within recent years that she has a right to
look for a steady increase OF prosperity and
power.
NJ ~tl.Al -nl
thusiasm on Sun lay, Aug. 3, in the republic OF
Colombia. That day, or rather Aug. :. WAS the
scventy.eighth anniversary of the decisive bat
tie OF Bo-aca. by which Colombia, as also Ven
ezucla and Ecuador, were emancipated from
Spain. The hero OF the battle was Gen.
Bolivar. Of whom there is q statue
In Central Park, this city. At Boyaca he
received the surrender OF all the Spanish
troops left alive after the battle. There
arc Spaniards who yet believe that the former
colonies OF Spain in America are less happy than
they were when subject to the Spanish crown;
but, II that were the case. 1t would be q singular
circumstance that all these former colonies
celebrate the day Of their liberation as Ameri-
cans celebrate the Fourth OF July. Full oppor-
tunity was furnished for the manifestation OF
the patriotic enthusiasm OF the Colombians on
the second sunday OF this month. The victims
OF gunpowd.r were not as numerous on the
occasion as they usually arc on Independence
Day in the United states.
Inc NCNlCtn government encourages the eS-
Enlistment Of new steamship lines, new rail-
road companies. new mining adventures, new
e esRqf tinS ,hst 'n r1ye prom ias OF ns% SdT PsnisSss fa
sides whenever there is a prospect of good re-
sues a policy which the United states often
carried out in former times: A short time
toan American company which is, desirogs OF
establishing 2 large bicycle factory in the Mexi-
bsrded and captured in the year 1916 BY Gen.
Zachary Taylor. atterward President of the
Of onMsfe edts stSts sre n ghe in m a pqasSeq5ms cd 5ntsffs1s
The revolt in the republic OF Uruguay. which
has been in a state OF irregular activity for
about nine months. was supposed to have come
to an end four weeks ago, when the Government
offered to enter into a compromise with the
rebel leader and President Bordn; but no one
reached the last chapter in the civil war. The
whole body OF the people are DESTROYS of peace
The approaching election of a new President
OF Venezuela is stirring up the politics OF that
e eSndtisi l for The F eSise. R Sat sin tae b.. T Frsn sasse
Castillo withdrew from the contest, and left
NeneIue!u, there is reason to look Tor the sue,
President Crespo. and who is a brother OF the
Fenezuela1 Minister at Washington. Politics.
idsnt Of the republic Of Venezuela.
was a while ago In Paraguay. which recently
took a defiant attitude toward Bolivia. The
ment at sucre with making aegressions upon
Its territory, and last month the two countries
Seemed 10 he on the verge of war. The popula-
tion Of Paraguay Is only about one-fourth as
large as that Of Bolivia, but the Paragnayans
are Of an. exceedingly belligerent disposition and
VANS, The chief trouble Of Paraguay is Of a
pecqniary character. The deficit in the budget
nance SeT rSaent ~ as K the consr @s"i to Increase
the issue OF paper to s1o.ooo,ooo. This Gircum-
like spirit Of President Eiusquiza.
The short crop of wheat this year In Argentina
UNITY tna Sr of msrk aaf s'y tse S ~SaISF OF her eRe sG SPPiHr;
supply of that grain IN South America.
public of Ecuador has been unable to come to
any agreement with the Church. All his efforts
to so=nGiiiiate The conservatiEs party hsye met
n the field, and when it last rose against him, in
May. his success seemed to be decisive. But
threats to overthrow him have been made again,
and he holds power only through the army.
Some Of the hostile eccleslastics have been sent
out of the country. and others are kept under
rI II, ,Feq q min IL the hs,1 RPiP Ps : q 2, R I,ssis s.s,
Of confusion. At first the President sought to
bring about harmony between the Ministers
the formation OF a new m%inistry. that would be
Ing il both houses So OF Congress. " The Prsssident
ihh s one politician after another to come to
40 hssl5tanCet anu, before tDe emu OF tne
month, Senior luco. o man OF experience. was
able TO reconstruct the ministry, taking for
himself the Department of the Interior. The
Liberal Alliance was opposed yehemently to this
reconstruction: but after much wrangling,
which lasted iii the end Of July, a vote o.
CONFIDENCE in the Lqco ministry was adopted
a 4 :ny This hhA %ss Is 81 the es sPst wee x q R Ha'Ss.tsTb G q!
on the 9Th Of the month the Minister'S found
mat they could not conduct the administra
ton on account OF the opposition, in Con
Eress, and they resigned In a body. Thus
matters stand, with the President laborinE 70
form another ministry. one that shall be 40
.eptable 10 the Liberal party In Congress and
that shall put an end 10 the coalition which hh'
brought him SO much Embarrassment during
me hFst year of his term of office. When Con
Errazurlz was elected to tho Presidency in JUNE
o. l9st year he promised that he. would, disre
gard party lines In the conduct of his admins
tration, but he soon learned that he was power
Iess 10 carry out the harmonizing policy upor
which he had set his mind.
The growth. OF the system of arbitration II
granddaughter countries has frequently
been exemplihed in recent years. The Presi
cent of the French republic has consented e
act as arbitrator in the boundary dispute DO
tween the republics Of Colombia and Coat