During the past week, things political have been rapidly settling
down in the Argentine Republic, and a financial improvement is sure to follow ultimately, though not perhaps at once. On Wednesday, the funeral service for those who fell in the insurrection was performed in the cathedral, and with this ceremony closes one of the most curious incidents in modern history,—the immediate practical victory of a suppressed Revolution. The Government, we rejoice to see, are determined that the whole truth as to the financial posi- tion shall be made public. This is a wise course, but requires great courage, since the malversation of the public funds under the Celman regime is understood to have reached the most gigantic dimensions. It is a remarkable proof of the real wealth and resources of the country, that a large sale of good estancia property on Wednesday realised high prices in gold. People who are willing to invest in real property at such a moment as the present, show something of the confidence and spirit of the Roman who bought at public auction the very land on which Hannibal's tents were set.
