That night President Balmaceda left the Moneda (Government Palace), and sought asylum in the Argentine Legation, where he remained until his legal term as president expired, September 18. On September 19 he took his own life by firing a revolver-shot into his brain, thus avoiding the chronicle in history that he committed suicide while president of the Republic.

Thus the tragic and untimely death of this strong, brave man, who was called a tyrant and dictator by his enemies, but was loved and revered by his friends. Through the vista of years that intervene between the present and the close of the revolution, the official acts of Balmaceda and the monuments he left to his memory in the form of government works and public enterprises, loom large and conspicuous when compared with the works of those who have succeeded him. Public opinion and sentiment in Chile have undergone wonderful changes since the day a shot from a revolver in his own hand crashed into and stilled forever the fertile, creative brain of Jose Manuel Balmaceda, and an ungrateful Republic is now beginning to set its seal of approbation upon his official life and private character. History will yet write the name of Balmaceda large upon the roll of honor reserved for Chile’s patriots, statesmen, diplomats and scholars.

At the close of the revolution the “Junta de Gobierno,” with Captain Jorge Montt at its head, took charge of the government. On October 18, a general election was held, and on November 18 the electors met and named Don Jorge Montt president. President Montt, while a man of mediocre ability, possessed a high sense of honor, and was conscientious in the strict performance of his official duties. While he did nothing to distinguish himself as a man of great intellectual attainments, his administration marked a period of national tranquillity and general prosperity, securing for him the good will and political support of a majority of the citizens of the Republic. After serving one term as president he was placed at the head of the navy, where he served as a most efficient and popular officer. He held the position as ranking admiral of the navy until 1905, when he was sent on a special government mission to the United States, Japan, Europe and England.

President Montt was succeeded by Don Federico Errazuriz in 1896. There was little in President Errazuriz’ administration worthy of special mention. He was a man of brilliant intellect, cultivated tastes, charming manner and attractive personality, but lacked in the moral qualities that characterized the private and official life of his predecessor.

President Errazuriz died in July, 1901, and was succeeded by Don German Riesco, who had been formally elected a month previous. President Riesco had not been conspicuous in national politics previous to his nomination, and had few political enemies when inaugurated in September, 1901. He was known as a good lawyer, had occupied the position of judge of one of the courts of appeal, and was universally respected for his honesty, industry and high moral character. Being a man of mediocre ability, lacking in precision and firmness, his administration was early embarrassed by politicians who employed obstructive measures to prevent the passage of laws recommended by the executive branch of the government.

The president found it difficult to maintain a ministry for a sufficient length of time to accomplish anything in the way of needed legislation, or to carry out important government policies. He was constantly forced into compromising with various political factions and coalitions. In an effort to secure political influence he lost the support of a majority of the members of the legislative bodies, and also the confidence of the people. The result was a condition of political chaos in the Republic. Ministries were overthrown with frequency, Congress was hopelessly divided into contending factions and there was a general lack of united and concerted effort in the various branches of government.

Chile made substantial commercial progress during the Riesco administration, however, and there prevailed throughout the country a condition of general prosperity. New and important industries were established, many new companies with large capital were organized, and money was plentiful during most of the period. The only disturbing feature of the commercial and financial situation was the constantly fluctuating value of the paper currency.

Another feature of President Riesco’s administration is the fact that it closed with a national calamity, caused by the great earthquake that occurred in August, 1906, causing serious loss of life and great destruction of property in the cities and towns throughout the country.

In the general election of 1906, Don Pedro Montt, son of Manuel Montt, President of Chile from 1851 to 1861, was elected president by a larger majority than that received by any candidate in the history of the Republic.

Señor Montt was for many years previous to his election regarded as the most able and conservative statesman in the country. He was born in Santiago in 1846, and was graduated from the University in his native city in 1870. In 1874 he was elected a member of the House of Deputies, where he remained for several years. He also served as Speaker of the House, Minister in different cabinets and Envoy Extraordinary and Minister Plenipotentiary to the United States. With a long and successful political career to his credit he was inaugurated under more favorable and auspicious circumstances than any president since his father, to whom history gives the credit of being one of the ablest executives ever elected to the office.