flOm Tie Balttnore Patrio,.

NOTES on RIO JANEIRO.
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Taken during a residence in that city in the


month Of Jannarf, February and March. 1927.


by young gentleman 81 baltimore.


Rio dc Janero affords but one Bank, (not-
withstanding the extensive business done there)
and that is so muth invaldated as not 20 be ablc
TO redeem one hlfthc paper in circulation, and
in fact the meaHi Of redeeming that half could
not he COMMANDED as it is loaned to the govern.
ment, which carnot command specie to pay the
interest of its debt to England, but is shipping
sugar and coffee for that purpose. In fact, there
is, literally spe.king no specie in circulation
when sail d, Spanish dollars commanded an adj.
vance of upwarils of fifty per cent. and were s,i
rising