The New York herald., 1851-11-08
Our New Orleans Correspondence.

New ORLEANS, DC, ., 1851.
Tie BrSiness Prospects Of Nao Orleans TIE STATE
CcrS,tttaion-Ffer Bqrking Lmr-7k Ci'y 90
runmcnt, &C. &c.
Our city is gradually waking up II, business
energy. Every vessel inland or sea yard, disgorges
lie human fre ght Of those timid or peaJurs seek.
ipg beings, who fee from our midst at the first
ferce ray Of old Sol. Our business season, how
ever is not considered as fully developed until the
middle Of November, although the rental Of build.
ing begins AMI terminates the first Of the month
The calculating ones are predicting al inertia in
business operations II is dificul, q, the present
time 10 sever truthful vaticnatons from the inane
blustsr Of designing politicians You are aware Of
the efforts that have been made by capitalists to
promote healthy system ofin,ernal i'm provemsuts,
and 10 this connection / would embrace the design
ofthe Tehuantepee route. The parties who were
prominent in these judicious movements were stag
gered at the onset by certain unrse restrictions i'm
posed by the constitution and subsequent statutory
provisions. So Wild and contradictory and ine:h-
eieni tumble is our present Law Of corporations,
it has been found entirely impracticabe to carry on
single one Of the many improve men;s eon.empla,.
ed b. the we'll rishsrs Of the city Upon this sub.
stratum is raised the row peryadiRg political cry
Of general organic change.
Our present constitution went into effect in $40.
IL renedied many Of the defects Of the old charter,
amendment Our good citizens are impatient to
remodel by new convention Each party hs
been struggling to appear the more radical In its
propositions. For q wonder, the wings have out
stripped their opponents, and have forced the lead.
srs Of the democratic party upon the defensive In
tho present canvass which will terminate the hrst
Monday Of next month, the democrats appear the
conservative party am disposed to think, how.
ever, notvithstanding the objectiont TO convention,
urged by few Of the democratic candidates, the
masses OF both parties decidedly In favor Of the
measure Both parties profess friendship for sys.
tenn OF free banking. modelled after that in force in
| your state. One party contends that the purpose
can only be subserved by change in the constitu
/ tion; the other argues that q modification Of the
present laws will effect the same result. This is
but q single one Of the reforms contemplated
/ tacit mortgages In fact, there is no end 10 the
propositions for the amelioration Of blessed city
Of New Orleans, and all springing from discovery
made last winter that one or two fsvorite schemes
| Of Improvement could not be achieved under ths
\ laws a. they now exist. have no doubt that the
city delegatcu will encounter much opposition from
the rustic parishes; and yet the opinion seems ID
be generally entertained that We shall have ne '
Itis singular fact, and In direct opposition e
the many obituary notices that have been pssseC
upon II, the external appearance Of the Crescen
/ City presents more favorable view tnan a. an
/ time IN its previous history.
! The politicians, in most lugubrious tone, pro
/ nounce, from the hustings and their presses, tina
unless the proposed reforms are carried FORTHWITH
into execution, the grass that sprouts on Lafayette
sqpare will overpresd the entire Of the second Mu
nicpality, and that the swamp for will soon peer
out from our warehouses, While, at the same time
70 every section Of that municipality, and the sd
loinirg city Of lafayette better sud sner buldng.
pave been erected within the past pear, than for
NUMBER OF years previously Tbs entire style oI
! ~-4.. :.-Ls aas o-sn clirs3t Wade blJGks.
tSat pstnsd the sys ri.b .h,x uacsz.a ana uasas