The fighting at first was so favourable to the rebels,
that it seemed as if the overthrow of the Government, and its dangerous and perhaps corrupt financial policy, was assured. Europe, therefore, was astonished to learn on Wednesday that the rising had entirely collapsed, that Dr. Celman was once more installed at the Government House, and that the Union Civics had given up the struggle, apparently in the moment of victory. The explanation is to be found in the fact that the ammunition of the rebels had been exhausted, and that it was therefore impossible for them to continue the fight. The terms upon which the insurgents laid down their arms show, however, the strength of the movement thus accidentally defeated. There is to be a general amnesty for all civilians, and for the rank and file of the troops, but the officers are to leave the service. A Government which does not punish mutiny and treason more severely than this, cannot feel very secure. The latest telegrams announce that the Chambers have suspended the pay- ment of all obligations until August 31st, but the Bill awaits the President's signature. Meantime, great pressure is being put upon Dr. Celman to resign. We have dealt with the situation at length elsewhere, and will only say here that until Dr. Celman and his entourage can be got rid of, there is no possibility of permanent peace. The attempted revolution was not, as usual in South America, a mere anarchic move- ment, but an effort to put an end by force to a regime that was bringing ruin and disgrace onithe country.
