New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1853-08-17

~ = reed for easing which paid by the ship
Twenty cents bale is paid by the buyer Tor shpplng
charges" seven for drayage eight or sharsge n's oi
labor The vessel charges 81 relsht from "a " 3u
Z to 15c.-per Id 70 Europe
losing vast deal every season.
Here az elsewhere, kissing gees BY iavor. basi-
nes. has often 20 be bought That IT, as pressman,
buy Of YOU as factor or shipper horse or mule worth
one hundred for which pay two hundred dollars or
hire one of your friends clerk at two thousand
wear worth thousand. Some times II IS more "1A'
footed" yet You tell me my business Is worth
thousand per annum pre- mum pay me and you snali
have it, otherwise / 90 elseshere.' The money is
pad if the price be not toe exOrbltant.
Take concern with which am acquainted as an ex-
ample Beside the press and lts warehouse tney reut
ten other warehouses The cost OF the press ana Us S
purtenaDces was 100000 the rent is sllOoO per an
nun the warehouses are in proportion Ninety hahls
are employed, beside ten or twelve CLERKS l"ehi!'h
draws are kept running, each with two horses or mes
relieving each other every six hours or working
There animals worth on an average go apiece u"
none but the best are used. -,
The work is 20 be dOLe in SIX or eight months Inc
last season 900 bales were stored at - cents each
and 100000 pressed at 80 cents apiece paying shipping
charges of ~ cents bale Here You have an aggregate
Of S245 900 This is only one concern
To nav each warehouse must fill itself four times in
seasoD When cotton ia slow, and remains IN storage
four or FIVE months pressnen swear somewhat iel tLey
lose money then by handfus But when goes as IL dla
last DTDEfincu cdD 10 uDItD, W '"y
other things. 80
Insurance Offices have much to do with the staple
At least insured the boat in the warehouse
and in ship three several times frequently four' ana
ordinarily but little lost. Thus premiums accumul1te
raudlv Not content with this the Once does BANK
inc bu.ness dscoun,inp paper on short time. The re-
sult il ia the main enormous dividends Ten, fifteen
and twenty per cent every half year, are not uncom-
monty declared, where the management; IS good blt
the destruction by fire Of one cotton press would break
them all nearly 30 II you want nigh paying stocA'
you must take the risk.
By the tine cotton has got from the planters 70 the
shippers hands it has paid tariff Of from to cent
Oh he pound Thence 10 the manufacturer, In LIVER
pool or Havre, two more. So that Commerce take-,
for its mediation between producer and manufacturer
sig bale making when the crop reaches three million
bales the last years 1t has been largely over
the snug Of Si5OOOOO pOcketed by the merchants
for getting the staple from the GID house to the loom
L. il any wonder the Virginia Springs, Saratoga aud
Newport flourish Let the yield be as above, and the
pric. : cents "a fair average it is an income OF
800 COO(OO to the South The Metropolitan. the St
Nicholas and the IIippodrOme, as well as fashionable
French boarding schools IN New ork and Phua1elphla
stand On firm foundations don't they
The President of Bank is great man anywhere, but
pre- emineny in a Southern City The ndmberless and
complicated Ope atoDs growing out al the Cotton trade
make this most OdOus at the same time Influential po
stOn
know one who has brought about, a specimen of
his reuus for finance such results these in Pres
dtncy of fifteen years raising the stock from 90 to H.
paving DIVIDENDS all the time, aud extcang the affairs
from The sort Of sDar; gaining complete CON
troll of the Directory and establishing himself as Money
King OF the State for fifteen hundred year yet
he never 10 do anything before dinner but read
ntwsl al ers and laugh and chat.
If he were TO determine that merchant should break
the man would be apt TO do it, But to his honor be 1t
ga d. he Yields bis almost unmatched monetary power
with as much moderation and justice, prudence and
skill Blu; his will is law in commercial circles think
il likely if he were to repeat Herod's experiment of
having himself proclaimed God, not lew would pay
him homage for it is done as II s
Our banking institutions are now IN healthy and
prosperous condition money Is easy and credit good
The following is fact In an operation not long ago
gentleman of this State made purchase amounting 10
$4,000; but when concluding the negotiation the par
ties splitting because be wanted TO pay cash.
ad ee seller seller se hi INTEREST," T. s'f iEs T cent
They compromised by the purchaser giving his note at
Thus each made per cent.
DTayiDg is lucrative business as managed here. One
concern will from thirty to one hundred drays, with
stable of from sixty two hundred horses or mules
connoisseur in stock often stops regae his eyes with
the beauty of these animals t0ing in their dusty
vice along the dusty streets The drayage on cotton
alone amounts to about Sl25,O0O season in Mobiles
In that city the wharyes belong to individuals and
nearly all leased by firm, styled wharinger', which col
ects tax of eight cents bale all cotton received
and shipped. besides FIVE cents barrel on all mer
cbandise
Negro fellows play prominent part in the cotton
business, weighers samplers hands on boats and In
presses and draymen. Likely fellows are worth from
thirty to fifty dollars per month for Fix or eight months
of the year In summer time they are hired to brick
Yards for from fifteen to twenty five month and found
And this reminds of most outrageous practice
tolerated in Southern cities You know that large
numbers Of people are absentees four or six
months Of the year municipal regulation allows them
in consideration of small fee 10 the City Treasury to
make arrangement with their servants by which the
lar. . tl.irf tina il cd ara
to wash the men 10 pick up what odd jobs they can
find Reduced wages of course are paid; hut our col
oIed friends enjoy their Oerty to the full There is no
restraint upon them. but the City laws; aud there they
manage to dodge with amazing skill-and the wages
lie handed every month "a agent or at the return of
theiI masters in the fall The owners having holiday
st the north; why should not the slaves At aAevents
they take IT, much 10 the ammo, ance and loss of the
can tgetaway club. The negroes will work no more
thsn can be helped while deficits made up by PUN
der Hen houses clothes lines, kitchens, aud frequent
y dwellings are broken into and riled Arson is
common occurrence, perpetrated by "darkeys,' 10
afford them tartr opportunity to prosecute their
heying while all this in the way of motley loss, is
no Ing the deprivation OF She character of the poor
victims ofthis mpotc and nciarous seishness coun.e-
nanced by magistrates aud practised 10y owners.
Could it b, otherwise than that vice should grow
enormously in this idle time The spelling book is true
here as everywhere
Satan ird, some mschiefstin
For IDLE hands o. 40
Tie effects OF this system growing apace. and be-
coming more visible Aud unless a stop be put il ere
long aarniI Z, nay terrible results will come Of IT, Ii
masters viii delegate hot weather with iced punches az
the White Mountains, or Opera al Paris le them r.
member that there those at hone whom ney are
under the most solemn obligations la the way at pa
ternal guardianship and THAI they Unsuitable -
neglect the temporal and spiritual interests of their
al IT,. 81 q