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Show THE IHILEtX.SITUATION. Nni of a aingulnary character still continues to coma from Chile. Th revolution seems to be far frum ended. Tba rriorta of a naval engagement which took placo lu th bailor ol Chanaral a few weeks ago, have only reached Ibis country during th past day or two. Th "Megallancs," an In-urgent In-urgent cruhwr, waa lying In that harbor har-bor when three) of the government warships steamed In from lh northeast. north-east. They were lha "Cludell," tba l'A!dra"andtho"I.ynch." The Utile opened Immediately, Though It waa fought on th part of the "Migallanet" against fearful odds, yet the cam out victorious, Bha disabled two of th government ibl aud succeeded In chaslug the third out of tho harbor. During lha fuslllado a shell from th "Lynch" blew th yard arm of th "Msgallanes" Into th sea. The flag was at th end of It. In a moment onof tbegunners sprang Into th tea and graaprd th flag. llo-s wera thrown to Mm by his eompan lona, and th dripping banner again floated proudly from the gallant Insurgent Insur-gent cruiser. Tbls brav action on tbe I art ot the gunner Inspired tbo crew to further heroism, and lh reaultwas that tho government vessels were com plttsly vanquished though none ware captured. Initio harbor at tho lime of th battle bat-tle was tho merchant bark "llertba V-" All hands wera on boird watch Ing th fight, when suddenly an ot lluslon took plica right unieruealh them. Htforo Ihey oould reatU th situation tho vessel began to sink. In a few minutes nothing waa vlilbleof her but the inula. Tba crew, how over, managed to i-siapo by swimming to tho shore. Th explosion was caused by a torpedo from lh lI,ynch,"whlch was Intended for the "MagalUiiM," but missing Ha niaik, fell close to lha Ill-fated "llertba K." Chile achieved It lndendeuco of Hpaln In 1810. The prment conatltu. Hon waa adopted In IS M, modelled after that of tho United Htatta. In name a republican form of guvernment revelled, but lu reality It waa a gov eminent by an oligarchy. A party which called llsslf Conservative ruled fnm 18.13 to lSSo. Its leads' were the llouian blihopa an I tha heads of tho wealthy Chilean families. They ruled v Ith a rod of Iron, but from 1SS0 to 1500 tbe government was In the bauds of two men named Moult and Vans, 1'rieldeut aud Prima Minister, who were true patriots. They gave the country a fair aduilntitretlon, aud uuder them theru was remarkable progreae. They were succeeded by men of uo virtue or honesty. Meanwhile a Liberal irly Wat gradually spring, log up. Afttr Iho bloody wan with l'eni and Hollvla wcro ooucluded In 16S0 and 1SS3, this new party appealed to tho country, under the loaderslilp of Hal. luscede, who lu Ibji) was elected President for a Urra of Uv yeara. lie did not give aatlstuclloii to even n majority of his own party, lu some matters hn was too revolutionary, while In other ha waa aa tvrauulcil aa the old Ilomm Jarlstocratlo regime. Msny rnerabara of his party In Con-great Con-great went over to lb Mouttvarat Corservatlves, In a abort time his party waa In a mluorlly, but he exercised exer-cised lilt perrogatlve aa Ilxecutlve,and vetoed every measur that came before be-fore lilui. The remit waa a revolution, and Halmaceda, whose term exlrrs nsxt Heptember, la not likely to be re-elcctod, nor la Ira, likely to maintain hi position at military dictator. Ha la a good man gone wrong. Hut If Chile should return to the old Conservative rule, she will be no Ifltsr oU. The greatest of Chill' trouble la not Halmtceita nor the Iloman hierarchy. I.lko all lha rest of the south and ceutral American Htates, (llrslll ciceptej), likewise Mexico and th southern territories, Chill Is In great need of Intelligent builneea brains. i.neea list mad all tho advanced nations what they are. 1'otltlca la merely an auxiliary Institution. If a few Oould and Vender-bill Vender-bill and Deptw would emigrate emi-grate thlthtr, a they no doubt will do before very long, the so-called revolutions, which aro probally llttlo inor than a border embrogllo, would ba no mora heard of, and In pile of what si-ems to b a lot of Incorrigible barbarians, there would toon appear thrifty, ceable and progressiva rommiraweallhs. Tho resources are thtro and th brain and sinew ar abundant for all purpose save organ Itlng. From tha present activity of the United Htatce arid Trench flnsn-clera flnsn-clera In that direction, we have n'ason tolookfornslotilahlngthaugH of till nature In lh near future. A for the "I lata" aiTalr, which hat been Iho ilandlug Muaatlon for so long, that Is at an end. Th "Ilala" has been surrendered ami the Insurgent leaders deny all rtapomlblllty for her unlawful transaction. |