Crackan, many years a merchant in this country, and a worthy man.

Don Carlos Alvear, and Don Felix Castro, have proceeded to England from Buenos Ayres: the former makes it on his way to the United States of North America, to which he is appointed minister. Their mission to London is supposed to have reference to the loan about negotiating. The security to British capitalists is surely as good, if not better than in many other cases in which they have lent money. There are no restrictions upon interest: the average has been 12 per cent.; but this is decreasing.

Alvear was formerly a director of Buenos Ayres, and is a very active man. In the early part of his life, he narrowly escaped destruction, when going to Spain in one of the Spanish frigates captured, in 1804, by Captain Graham Moore. The frigate in which he had taken his passage was one that blew up, and he had only left it prior to the action, to pay a visit on board another ship: some of his nearest relatives perished in the explosion.

Should Alvear harbour any dislike to our country, it may be attributed to this shocking catastrophe; but, I am persuaded, his good sense has, long ere this, made him view it as one of the accidents inseparable from the quarrel of nations.

At eight o’clock in the evening of the 21st January, 1825, an express entered Buenos Ayres with news of the battle of Ayacucho, in Peru. A victory so decisive and unexpected caused a tumult of joy: people crowded round the coffee-houses, listening to the different orators describing the victory; it brought to one’s recollection the crowds at the newspaper offices in London, upon similar occasions. At ten o’clock at night, a triple salute was fired from the Fort, which was answered by another from the Aranzazu brig of war, anchored in the inner roads, and a Brazilian brig of war. Partial illuminations and fire-works took place the same evening.

On the 22d January, there was a performance at the theatre, when the national hymn was sung, amidst loud vivas for Bolivar, Sucre, &c.; and Colonel Ramirez read the official detail to the audience from the boxes. The theatre was decorated with silks and national emblems, and illuminated with extra lights: an ode upon the victory was sold at the doors, and a military band stationed there.

The rejoicings continued for three nights, with bonfires, illuminations, and military music in the gallery of the Cabildo; the pyramid in the Plaza was illuminated, and surrounded by transparencies, &c. The people seemed mad with joy; I could scarcely have believed them capable of such enthusiasm; and though, perhaps, these ebullitions are not at all times to be taken as a test of patriotism, yet I am persuaded, the mass of the people sincerely rejoiced.

The Coffee-house de la Victoria was thronged both inside and out; and wine and beer were drank in profusion. Various toasts were given, amongst which was “Religious Toleration.” There was abundance of speechifying, describing the past and the future, with the happiness in reserve for the inhabitants of the province of the Rio de la Plata. Some hundreds formed themselves into military array, and, with banners and music, proceeded through the streets, singing the national hymn, and shouting opposite the houses of known patriots with loud vivas. At the residence of the British Consul they cheered for England, the King of England, and liberty. At the American minister’s, similar compliments were bestowed on North America. Colonel Forbes invited them inside, and pledged them in bumpers of wine. During the whole of the night the assemblage continued in the streets, with music and singing; yet but few irregularities took place. Some violent spirits declaimed against the Brazilians, and, it is said, windows were broken at the Brazilian Consul’s house;[34] but this act was quickly discountenanced by the rest. In fact, they have nothing here which can put one in mind of a mob, especially an English mob. The bands that paraded the streets were composed of the most genteel young men of the town. A young man named Saravia is looked up to as a sort of leader and manager on these popular occasions; possessing abundance of wit, activity, a tolerable share of oratory, and staunch patriotism, Saravia plays no insignificant part in the politics of Buenos Ayres.

Public dinners were given at Faunch’s Hotel. Eighty Creolian gentlemen sat down to an entertainment of this description. The dining-room was decorated with flags of all nations, portraits of Bolivar, Sucre, &c.; and military music was in attendance, which played “God save the King!” upon the King of England’s health being proposed.[35]