other things. In any case, the agreement allowed the government to solve its external debt problem and assured the expansion of Peruvian railways at a time when there were no public resources whatsoever for either task. Other initiatives undertaken during this period included the end of the use of banknotes as legal tender the separation of State incomes between those of the central government and those of the departments, and a partial consolidation of the internal debt. After the victory of Remigio Morales, the official candidate in the presidential elections of April 13, 1890, Cáceres transferred power to his successor on August 10 of the same year. Second Presidency (1894–1895) Morales Bermúdez died in office on April 1, 1894, and was replaced by Vice President of Peru Justiniano Borgoño. Subsequent presidential elections were won by Cáceres amid accusations of fraud. His second term was inaugurated on August 10, 1894. There were widespread outbreaks of rebellion throughout the country, which eventually united under the leadership of former president Nicolás de Piérola. Rebel forces attacked Lima on March 17, 1895, the ensuing fight was stopped two days later by an armistice signed under the auspices of the diplomatic corps. Recognizing his defeat and unpopularity, Cáceres resigned and was replaced by an interim Government Junta. Later years After his downfall, Cáceres lived in Buenos Aires, Argentina from 1895 until 1899. He returned to Perú but left again, this time for Europe where he served as Peruvian ambassador in the Kingdom of Italy (1905–1911) and the German Empire and Austria–Hungary (1911–1914). Back in Lima, he supported Augusto B. Leguía in his campaign for the presidency and his successful coup against José Pardo in 1919. The new government awarded him the rank of Marshal on November 10, 1919. Cáceres died on October 10, 1923, in the town of Ancón at the age of 86. Legacy In Peru, Cáceres is regarded as a nationalist figure. His image symbolizes resistance against foreign forces for his opposition to the Spanish occupation of the Chincha Islands and, more importantly, for organizing resistance against Chile, Peru's traditional enemy. In recent years, in acknowledgement of this symbolism, a group of Peruvian military veterans have organized and adopted the name etnocacerista after Cáceres. Etnocaceristas now compose the bulk of the support for the Peruvian Nationalist Party. An interesting legacy is found in the person of Zoila Aurora Cáceres, one of his daughters,