and deserted streets: it was the army, which, landed at last, was making a solemn entry into the city, with nobody on the sidewalks to admire it. The timely--or perhaps untimely--fireworks had appeased the desire for show, and the spectacle of the marching soldiers was only of secondary importance in a celebration that included skyrockets and Roman candles. Yerba is the principal article exported, and as the use of maté is so general on the continent, this trade is a very important branch of industry. In addition to these leaves, a small quantity of tobacco, a few hides, hard woods and demijohns of a primitive kind of rum constitute the exportations of a country in which cotton and indigo grow wild, and where sugar and rice could be made to yield large revenues. [Illustration: FOUNDRY AT IBICUY, DESTROYED DURING THE WAR.] The lack of money and of banking facilities in Paraguay has made the process of buying and selling, in reality, but not professedly, a matter of exchange of commodities. For instance, a shopkeeper will barter his imported cotton stuffs, his demijohns of wine, his candles, etc. for the tobacco grown by the natives. The merchants also endeavor to buy as much tobacco as possible, when the crop is first in, for specie. Usually, large profits are derived from this course, as the planters have pretty well exhausted their receipts for the crop of the previous year, and hence are disposed at that time to sell at a sacrifice. The money thus obtained returns to the merchant in the usual way of business, and thus the latter is enabled to buy more tobacco. The result is, that in the end the merchant gets the planter's cash as well as his tobacco. It is a curious fact, however, that the Paraguayans do not admit the principle of exchange. They must touch the value of their wares in the shape of coin before parting with them. Thus, no woman of the country will exchange outright a quantity of yerba, large or small, or any product of her industry, for cotton or thread. She will first insist on holding in her hand, even if it be for a moment, the price in silver of her wares, and with this money she will pay for what she obtains from the merchant.