Year: 1867

il up For myself I do not believe It, II is quite
likely that the recent nToads of the Indians on the
Argentine provinces, and the local revolutions ac-
complished in Mendoza and threatened in CordOya
have been so reported IN Paraguay rs to lead Iaa-
guayans to believe that the Argentine Republic is
standing on q volcano. But serious fear is enter
tanned here, though we are much incOmmOded by
these things especially as the army absent III
foreign country. There is no abatement on the part
Ot this Government OF Its efforts to continue the war
vigorously.


A sad event has occurred in the death of Mr.. Bell,
an American photographer from Washington City,
who was induced early IN the war to 90 up 10 Para
quay from this city TO make OrpcdOeS. lie was quite
successful, and Lopez owes great deal TO the eff
cheney of that mode of defense. We have recently
learned that MIR. Bell died OF fever at Ilumaita
about July last. The story that he was blown up by
one of his own inventions is entirely grOundlcss.
lie q great f0vOTitc with Lopez but more par
ticuaTs than these are not yet able to obtain.


This harbor has now II vessels under the Stars and
Stripes the largest number here at since the Re
bellOn. 30 many transfers OF flag occurred and 50
many safer routes were sought during that war that
we often had not more than three four American
vessels here at once. The number now is hopeful.


Last week there sale of 80 lots OF land III the
Province of Santa Fe. each lot being from three to
six square leagues i'll extent. They brought on an
average about $50 silver, per league; that is about
y cents per acre. II is land for pasturage wild and
snowy grass covers it, and seldom is running water
near it, This place was about 90 TO so leagues out
from Rosario. The weather and the low prices have
kept wool from coming into market aS early usual
The tariff in the United States or the fear OF it, has
prevented much wool going IN that direction. and
the German purchasers having tnlhgb lueT own way,
have paid low prices


This state of things has brought down the price of
sheep that the average rate OF sales is not In 1866
more than half what it was i'll 1864. Wool can be
grown here for S45 currency per aTlOba t5 tb that Is
Just 81 in United States gold for each - pounds or
cents crpOund This year average of sales will not
be sos currency per aTOba about II cents per
pound. The farmer cannot afford TO take the risk of
drOuth loss of capital and all the work for cents
per pound, so that this occupation is not sought as
formerly As an expedient for better sales of sheep
many large farmers putting up machinery for
extracting the tallow ont of the sheep and sending
to market only the hide and taOw. This pays better
than to sell animals for focks. In the direction
in which the interior is pierced by the railroads
great deal of wool is now brought by the cars. The
Southern Railroad has sent TO England for 100 new
cars for transporting wool. That railroad has been
expanding its traffic rapidly and it is already paying
dividend of per cent, so as TO make useless the
guarantee by Government of per cent per annum.


The telegraph between this city and Montevideo
has already proved great convenience. To-day we
had European news by telegraph, and we have daily
very important mercantile news from sister city.
The wheat harvest has just been finished and it has
proved perfect success. The price of wheat is so
high that We shall probably not send any abroad.
The price of gold to-day is $22 30 currency to the
metallic dollar and it win probably 90 still lower