The south-western. [volume] (Shreveport, La.) 1852-1870, 1855-05-23
rFor the South-W estern.

road to the following financial arrangement
Let contracts and sub-contracts be let out, pay
able SO much in cash, and the balance IN Ger
tifcates of indebtedness on the part OF the raj
road company receivable in payment OF LIZ
, railroad tax and for stock subscriptions.
Tn this manner the moment these certhcates
fell below par, it would be to the interest OF the
: stock subscribers, or the tax payers IN case the
tax is collected, to purchase these certificates
and the capital of the speculator might also oc
casionally be drawn into the investment
throw out this suggestion for the conslde
ration of the directory and the large contractors
1t would seem that nothing would be SO likely
to draw to the building Of the railroad the ac-
tive capital of the country, and | am of opinion
Though without having made any particular
examination that there is nothing IN the char
ter prohibiting it. a lax PAYER
The New York Herald occasionally speaks
the truth, and gives some wholesome advice
The following article is an instance:
A general wall comes in upon us from the
north and north west of the prevailing scarcity
of breadstuffs and provisions, and the high ia
mine prices which they command. Why is
this? We have land enoughin the north-wes-
tern States alone to furnish supplies for a hun
dred million of people. Why these defciea-
cies? 1t will not do to charge them to the i'm
mense accessions to our northern population
from abroad; it will not avail to say that they
are the result of the drought. They are the
result of a neglect of the cultivation of the soil.
We are blest with free labor and common
schools in the greatest abundance. Yet our
free labor is perishing for lack of bread and
meat while in the South, Notwithstanding the
drought, they have comparative abundance.
The free laborer finds farming a slow pro-
cess for getting rich. Money does not come by
the rough hard work of farming, hand over
hand. But merchants and tavern keepers,
spectators, fnanciers, politicians and lawyers,
may in single operation, make fortune,
while the farmer though securing comforta
BILE living against all casualties, is doing lit
tie more. Hence, farming has pretty much
been left to the "old fogies,'' while Young
America at the north is among the merchants,
spectators, fnanciers, stock jobbers, huck
sters, oyster saloons, gambling dens, and vaga
bondizing politicians, &c. Anything but the
hard, honest work of farming.
Thus our consumers are multiplied, while
our producers are diminished. AMI what is
to be the end of all this? If there be not
revolution in these things within the next ten
years, the only alternative for suficiency of
bread in the north for the people of the north,
will be to fall back upon the southern system
of African slave labor. Strike out the products
and supplies of southern slavery of the last
year, and we Of the north would now be suffer-
me the evils of an Irish famine What say
our hypocritical and whining philanthropists?
W ould it not be so? 4.0.~
An ACT to establish branches of the Citizens Bank of
Louisiana at Baton Rouge and Shreveport or a |
Branch of the Louisiana State Bank at Shreveport |
Section 1. Be it enacted by the senate and |
house of representatives of the State of Lou
sana in general assembly convened, That
n case the Citizens Bank of Louisiana shall |
establish branches land it is hereby authorized
o do SOY in the cities of Baton Rouge and |
Shreveport, conformably with the sixteenth
ection of the charter of the Louisiana State
Bank, the treasurer of the State is hereby au-
horzed and directed to keep his deposit in the
aid Citizens Bank of Louisiana, and the
mount which the said bank may loan through
is branches, shall not be deemed to diminish
he amount of loan to which it is limited by its
harter: Provided that the condition of said
'ank shall at all times be, with respect to its liza
ties, such as required by the FIRST and second
ectlons of the act to revise the charters of the
everal banks located inthe city of New Orleans,
nd tor other purposes, approved February ,
fth, eighteen hundred and tifty-two.
Sec. 2. BE it further enacted &C., That if ]
he said Citizens Bank of Louisiana shall es- t
abhsh and maintain the branches as provided j
the first section of this act, the deposits of
he State shall be kept, as therein provided, !
ntl the expiration of the charter of the said
ank: Provided, that if the Louisiana State {
sank continue her branch at Baton Rouge and {
hall establish branch at Shreveport accord G
'g to the provisions expressed in an act entitled
An act to establish branch of the Louisiana ,
tate Bank at Baton Rouge, approved 1850,
Zen the said Louisiana State Bank shall be +
ntltled, by preference, to all the privileges and
dvantages intended to be conferred by this t
ct upon the Citizens Bank of Louisiana:
'rovlded, however, that said branch of the =
State Bank shall be established at the i
ty OF Shreveport by the first day of July next. t
Approved March Is, 1856. +
The London Times lays before its readers
ne particulars of horrid affair, which re- +
entity occurred near the Dutch settlement of =
'ransvaal, at cape of Good Hope, and which :
an only be paralleled in atrocity among the E
chleyements of modern times, BY the EXPLOIT .
marshal St. Arnaud in Algiers, when he :,
noked and burned to death thousands of his !
arbarian opponents who had sought refuge in :,
deep and spacious cave. =,
'.ln the case at the cape of Good Hope, the '
'affre Indians had murdered, in October last, y
nder circumstances Of great barbarity, ten or c
selve men and women of the Dutch settle @
lent. Immediately gen. Pretorious raised an a
rmy OF 500 men, and, accompanied by COM
'ander general Potgietter, proceeded on an t
xpedltlon to revenge the blood of the victims. i
liter an absence of several weeks, they reach
some remarkable subterranean caverns half
mile in length, and from three to five hun T
red feet in width, where the Caffres had en- Il
enched themselves. Upon his arrival at this y
pot gen. Pretotious attempted to blast the y
ocks above the caverns, and thus crush the g
avages beneath the ruins The peculiar char t
cter OF the stones, however, rendered this d
,heme lmpracticable, and he then stationed r
is men around the mouths of the caves, and Ii
ullt up walls in front of them v