The daily comet. [volume] (Baton Rouge, La.) 1850-1856, 1853-11-09
8 OAR EsP ono ENcE.
Ths Creeoent city--by risosmsal.


The London Stock Exchange, the
Paris Bourse, and Wall street OF New
York, are three points from whence
for very many years past, the monetary
affairs Of the world have been govern.
ed or controlled in a greater 81 lens
degree. The great William Pint once
said in the Housesof Lords /: Com.
merce is kingly," q declaration a.
practically true in every sense as any
ever uttered by q Statesman OF poli,i-
cM economist Although it is true
that commerce rules the world, yet
commerce, IN the mere exchange Of
various products and commodities, i
would be almost powerless without
money. Hence the great seats Of the
Money changers, the Bourse, the Ex-
change and Wall street, have become
points, whence radiates an influence
aud a power that is felt throughout
the world. The Crescent City does
not pretend to be the theatre OF great
movements in money or Of vast opera
tions in stocks, but she is tho centre Of
and scene Of grand operations in ono
Of the great and leading staples of one
hall Of the nation--I mean cotton
Here cotton is king and it admits Of
no rival. It is an aristocracy Of it's
-ef, and looks down CONTEMPORARY
upon all other interests and he is q
poor observer indeed who cannot at
once perceive the almost absolute
sway it exerts upon every other branch
Of trade and trafiit. There are from
seventy-five to one hundred houses
and firms, besides many outsiders,
whose sole business is connected with
cotton, as consignces or brokers, and
not few Of the firms have one or
more partners who are themselves
growers Of the article. To be success
fiji cotton dealer, to understand the
trade in all its details requires faith
full study and practice ofyears-to be
able to readily assign to different sam
pies their proper rank as "ordinary,"
''middling,' good middling,' ''fair,"
&c, and SO on, is qualification not
easily attained, but which when once
attained, commands the best salary
and gives to its possessor high rank
among dealers in The staple A
prime cotton sales clerk is always in
demand, and he can never be out OF a
situation if he wants one, aud that
too when hundreds Of other clerks are
running from house to house, seeking
for something to do, without reference
to pay. DO you understand selling
Cotton7' is the first question asked
the white phizzed Yankee Or North
erner, when applying for situation.
NO sir" is his honest reply, and ere
he draws breath twice after that reply,
he hears the low but distinct I'VE don't
want you" which ends the conversa-
ton and his rope from that house. 1t
is moro difficult to get situation as
clerk in large cotton house, than in
any one Of our banks, and as this may
seem strange | will explain. The cot
ton merchant looks to the planter fA
all his business, and whatever influence
be can bring to bear upon that class
to procure consignments from them he
will exert to his utmost--bence it is
bis interest to give to planters sons
aad relatives, situations which outsiders
hardly ever get into. Many a son Of
the planter is promised situation
months and years in advance, and
those promises even bring to the mer-
chant many stray bale Of cotton
Hence too, my remark that the cotton
interest forms an aristocracy by its.
elf, and 50 it does.
OUTRAGE ON AN AMERICAN Crit