Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1899-03-18

veled something like 500 riiics on the
Parma and 100 miles on me Rio dc Ia
Plata to reach Montevidco.
FINE PUBLIC BUILDINGS.
I nnd Montcvldlo better built than the
other. South American cities I have WIS.,
tied. About onc-lfth OF the houses are
OF three stories. They are made ~ stone
qunrricd nearby and are In architecture
more like the cities OF Europe than
those OF South America. Many Of the
houses are covered with stucco. and
some OF them are painted IN bright
cnlors. Some are very large. Tho Soils
Thenter. for Instance. covers almost
two acres. and will scat 5000 spectators.
II was built more than forty years ago
aud cost 100000 mt that time. Sarah
Hcrnhardt has played IN II and not long
ago Patti sang there ut her usual hiFh
prices.
Another fine building II the nclsa. Or
stock exchange. at the corner ~ I1vull
and picdrns streets This was bull, In
1868 and cost Just hair M much a. the
opera house. II II the stock gambling
place 81 Uruguay and like the stock cN.
change Of liurnos Ayrts has seen some
notable crazea. Uruguay went wild
along about 1890, o. did the Argentine.
II had one hank whose capital was
$1,000 900 and whose stock after its fall
urc at that time droprcr down so per
cent below the par. At present there
are number OF good banks. some "
the largest being hrnchca Of the fnrrign
banks ~ li.cnos Ayrcr. Money brings
good rates ~ intorcst. and aa far ne
can learn all OF the banks pay diyi-
bends
WHERE AMERICAN COLD ~ At \
DISCOUNT,
Speaking Of money matters In rru-
quay. this n the only country I have
Visited which IL on a solid gold basis.
In Peru. chile. Bolivia and the Argcn.
tine rot about three dollars FOR one
when presented my letter Of credit NJ
tho bank. and IN Paraguay when I
made a draft for 800 gold usually ~
criycd about 500 In ParaRuayan money.
This was very pleasing indeed. for al
though the money wnH not worth 20
much II wen; "a great deal farther than
the rnmc amount when reduced to gold.
IN Montovifco an American dollar II
only worth 70 cents and for an English
pound you only Eot fL7S.
URUuuAY's NEW NATIONAL
BANK.
There Il now talk II establishing
hank with n capital Of fiO0Oo.O1, which
shall be- under the control ~ the gov
eminent and which VIII have tho right
to issue bank notes Ia half the vniu- ~
tho capital subscribed. This bank will
b. called the Bank ~ the Repuhllc.
n Will have n right tn pay ita notes IN
gold or silver NJ Its own discretion. and
the PRECEDENT and directors nrc to b.
appointed by tho government. This
hank win IN m probability reduces Ufu-
Euny 60 n silver basis. Tor any such nm
nnclni inniltutlon under South Amefi-
can government cannot be trusted. The
officers IN power today mny BE- all right.
hut those who may possibly come IN by
the revolution ~ tomorrow an wrong.
a national bank would always be- at
the mercy Of the president. nnd there
" no ,cling when an executive may
arise who VIII not cmhczxlc the funds.
iiordn. the last prcniirnt. had huihing
whom h. was elected. when he was NJ.
Fascinated hlF estate was worth $1,000
600 nnd hin widow today has villas.
farms ana gold galore. Another prcsi.
dent. ! am told. rtoie about sioOo.ooo
from tho national bank during his nd
nlniatfntion. lie had the appointment
81 the directors ~ this bank and would
send down FOR tin.001 nj one time.
A. a result Of such extravaganza and
thlcvlnr running through n series ~
ycirH Uruguay has now m enormous
national debt. IT. forcirn debts amount
10 more thnn sis. 100000. ana II pays
upon these IN interest alone fi.o0o,ooo a
year. Tho debt n divided up would 70.
dulrc the payment. 81 fii0 by every man.
woman md child In the country. or 81
about 500 rer family. The debt, IN
fret. u almost hair the estimated value
~ the real estate ~ the republic. which
IN round numbers IN 1895 was ts1aooo.-
90. ~ which almost half was located
In the department ~ Montcyldeo.
~ 1T \ PIoUs cITYG
And rtlr Montcvidco rather pridca It.
al - 80
hns churches, cathedral. converts and
hospitals, The cathedral II now about
n hundred years old, and n n NJ solid
NJ whom II was built The Church ~
the Immaculate Conception. which II
forty years old. was constructed by the
milk men and market gardeners. ana
there arr forty charitable Institutions.
with is.ooo mcmbcrs, who spend quar-
tor " n million dollars q year for the
poor ana sick.
There n founding asylum, witch
takes In $50 hahlcn annually, and which
! am told. burien morn than halt %
them before they got Into their short
clothes. The perccn,ngc II iliegitlmncy
N large, fully onc-fourth ~ the chit
dren NJ the country not being wise
enough 10 know their own fathers"
This II largely due 90 costly marriage
fees.
The state religion II tho Roman Cath
ole. and the Professionals nrc only n
drop IN tho bucket Of Uruguayan life.
In Moniovidep alone thrc nrc $4,000
Catholics 20 about 10000 Professionals
and $1,000 others who are or NJ special
religion. ! understand that Professionals
are well treated. ana thai such thing
na religious Intolerance In not known
anywhere In the cities.
a CITY OF NEWSPAPERS. LIBRAR-
les AND SCHOOLS,
Montevldeo II noted for it, lntelll-
gcnce, N II city ~ newspapers. H.
hrnrles md schools. There IL n national
library which contains 1900 volumes,
N has n national museum. In which
There arc n. 900 objects. n IL the center
of Intelligence. for tho country md the
leading dniller. wcclSllos and monthliea
are published here. Most OF tho dnilles
are IN Spanish, hut there are two daily
Enrllsh newspapers ana nm Italian
newspaper. and also one In French.
As 10 the school system. this n stead
ilv improving. There are 200 more
schools I'm Uruguay now than there
were In 1870, although az yet only per
cent Of the population attend them, ana