True American. [volume] (New Orleans [La.]) 1835-18??, 1837-03-30

We are indebted 10 the kindness OF the Bulletin
f'r copy of the express slip from the office of thu
Coarer and Enquirer, March 20,h, 3 o'clock, P NJ
ours having stuck by TIE way. 1t announces III.
arrangements made by the Banks and the tire,
great commercial houses in this city, by which The
latter were enabled to resume payments? The cashier
of the United States Bank ,Tus REIMBURSEMENT on tc
New York on the 10th, to advance the Josephs ON,
MILLION OF DOLLARS, in oder to enable them t,
continue their business
The editors Of the Courier and Enquirer indulg,
in predictions of the most lively kind, and lool
sorward to. tho revival of business with eyi Zen
pleasure. Whether they will be verified is We
exceedingly doubtful. The state of the currencp il
opPoseaste permanent restoration OF Commercial
credit. fthe banks sustain the great difficulties
the community will experience great distress ir
being denied the usual facilities, unless these in
stitutioHs act for the public goo1, during the pre-
sent arrangements. Will they do so! This is ar
important question. We repeat, will they do SO!
Deepening of thc Passes.
We have been politely favored with an inspec.
lion Of the repor, of a well known; engineer Ct
this ciiy upon deepenin. the Passes The writer
mas taken an extended view Of the subject oil
flowing waters, and has been very happy in col
ascting in small compass the established princi-
pies of hydrsdynamies. We hope that the report
will be Immediately laid before the pubc. Tie
engineer sets out with the design of proving the
inuiity OF all m odes Of removing distractions a,
the mouths OF rivers, except by combining the wa
tiers to a single channel in order to increase their
velocity Upon the supposion that the waters of
the Mississippi were pure half the year, the re-
fult contended for by the writer would certainly
Do obtained. Nay, he might succeed, if he.couI
conine the river, in removing entirely the present
bar of any one pass. But we have argued that it
would DO only removing the evil farther on, to sea.
The author of this report is well aware of this diff.
fcuty and endeavors 10 do away with it by at
tempting to show that if the current were ncreas
ed, the mud hold in solution by the Mississippi,
would be taken up, transported away, and dis
persed by the Gulf stream in its south eas,erly
course. Ihisls an agreeable argument, certainly !!
IN the course OF this well written paper, tits said
that two bodies cannot occupy the same space Mt
the same moment. This is trusm What is IN
become then of tho immense amount of earrbv
matter hourly Brought down by the Mississippi,
~ SP'''~e """J W tHc HuIi stream, there
must De a maxlmum to this new power. When
ever anc wherever 1t ceases to act, there n nucleus
will be formed, around which masses of matter
will accumulate. SO was formed the whole Delta
OF Louisiana, and it continues to increase. Tho
error lies in conendng that any plan is omple,e.
for river like the Mississippi. It's character is
essentially different from that of the periodical
muddy streams of Europe, SO insisted on by this
engineer. When tie turbid torrents of the Mis-
sour are dried up, his reasoning abstrac,y consi-
heTed' will be correct in all its parts. He is of
opinion that 100000 will accomplish the desired
OBJECT, on his system. We're not the COMMERCIAL
world IN tumult from the pre- sent derangem en,s.
we would at once urge up, n the Chamber of Com
merce, or upon company of our enterprisinr ci,i-
zens, to make the appropriation and engage this
gentleman carry into effect his scheme, requiring
him to give security in million for the faithful
execution OF the work and if he succeeded, TO
give him qualification of alfa million at the end
OF two years from the completion of the same
We again repeat, that we hope this excellent re-
port, defective only in our opinion in the statement
OF the premises, will be speedily laid before the
public.