Baton-Rouge gazette. [volume] (Baton-Rouge, La.) 1819-1856, 1842-01-01
CoRREspoSDENCE OF THE GAZETTE.

CORRESPONDENCE OF n GAZETTE.
Ncw Orleans, December %, 1911.
DEAR SIR:-The mail Of yesterday put
us in dates of the 9th inst, from WASH
ington. The political war is near at hand,
the great warriors are at their posts, ready
for uction. Keutucky's giant has not crea-
ted much of IA stir as yet. Many of the
anti-Tyler's breathe forth their eternal
ma!edictions upon the great 'loco-motive
in breec, es;" he, however, in the majesty
of his nature, remain ''himself'-the gift
ed statcman, Daniel Webster. The "talk"
is, that Calhoun and Buchanan, will sup
port The Presidents views upon the curren.
CIV question. Old Johnny Adams, is placed
chairman of the committee on "foreign af-
fairs" a selection that gives universal sat-
isfaction. Jno. N. Mafitt, of Buckingham
memory has been elected chaplain to the
lower house.
In New York, up to the 18th inst, af-
fairs were working as usual, a little stir
was created by the teller Of the "Mechan.
les Banking Association" who followed
the many examples set him and robbed
the bank of several thousand dollars; the
sum stolen being comparatively small, the
poor fellow was ut once set down as n
'"pusillanimo,s fnancier," unworthy of the
professional tile. speaking of hard CT
DER" reminds me of the doings at home.
| The teller of the "Commercial Bank" has
left the CITY between two days-'tis said
he a~bsquatu1ized with tears in his eyes. and
in order to impress upon the minds OF the
stockholders the fact of his once being
tone of Them" he carried with him sever
al thousand dollars of their notes, and
took occasion to leave thus early Tor tear
of temptation, as it was currently reported
that several government and bank officers,
in various parts of the United States, had,
during the last few years, defrauded their
employers.
There is quite an agitation in our midst,
upon the subject of bank resumption. 1--we
of our institutions have had the andaclty
to resume specie payments, but the opinion
seems prevalent that the Bull Dog OF our
town will not sanction such an unwarrant.
ed act. The specie editor-Jack Falstaff.
of the Morning Advertiser, thinks that the
editor of "the Crescent City" will himself
interfere and at once put a stop to such
amusements. Old Van Wrinkle, even, OBJ.
jects to resumption and says, it will ruin
The people-old Van ought to know: he
feels very confident that very many of the
most respectable merchants, would, like
Capt. SCOTS Coon, come down, II the
banks were to resume, there is the large
firm of 7wrus Fixes e. Co. who control
several banks now, they are doing a first
rate business-indeed, old Van says, an
crteasive business. They will advance on
the next crop-buy in the peoples pre-
cmption claims for them, when such come
into market-advance the people funds t.
travel with, and extend to them such facll
tiles as will enable all of them to realize a
fortune in a few short years. How, asks
old Van-couId this firm do all this but fol
the aid of these suspended banks? in othe'
words, would these banks, when paying
specie, run the great risk of loaning Tyru:
Fixes & Co. such enormous sums OF mo
ney! "No, saysspld Rip-this beautiful
system of modern finance, would, were
the banks to resume, at once be broken VI
and one of the brightest stars Of the fnan
cial constellation dwindle into inslgnih
cance." Resume! never, never! while tn
people are subservlant.
Thus, Mr.. Editor, do many %fnanciers
of the present day, argue upon the sub!ec
of general resumption. Such Is not ,hel
language, but much to the point. I'M
revolution, already commenced, will surei,
end in the triumph of true prancl PIES
|, Gold and silver is the currency of the con
stitution and such will be the currency O
custom. Many of the banks, like many o
!, the people, have fallen into difficulties, Gu
Of which they cannot even hope 10 recov
or. in either instance, unless fraud was tn
o@riaii,a: object. Charity should be extend
r ed, but in all conscience, let the countr..
!, be RID of the evils of such a currency a
) we have been blessed Nth (as the old VIC
man said, when she thanked her god 10
the pains of %rheumatism) for the last fey
years. oAhhAN''
i. Ner.O Orleans, December %, ls4l.
r DEAR SIR Since the arrival of til
t last foreign news and indeed for sever
a DAYS previous, our market has been yer
ianguid. The principal operations, in tn
cotton market more particularly, have bee
c mere force.work. Although money ma
tors seem in n depIorable condition through
out England, and other u%nfa'orable ev
n dences, yet 1 still indulge the hope
brighter prospects ahead.
d Up to this time, the general lmpress'o?
e has been that the present crop OF cotton
v the U. States would be an average on
C Although for some time past, 1t has bee
1t known that Mississippi would fall short
a very great extent, and that probably tn
le state would not equal her crop OF last yea
l. vet reports from other sections have wa