The south-western. [volume] (Shreveport, La.) 1852-1870, 1855-01-10

THE MONEY MARKEr-The Delta, in its re
Il view of the New Orleans market, on the 3Otl
ult., says, long commercial paper has been solt
at l2 per cent, while short paper OF the SAM
grade has been placed at 8 per cent. Their
has been active demand for temporary accom-
modatons on the pledges Of colaterals, and TO
this description Of loan the rate must DC prett..
high to afford sufficient inducement to plac'
money beyond immediate control, and for tn
risk Of thereby losing, in the present state OF tn
money market, an opportunity for profitable
permanent investment A letter. dated the q
inst, informs US that, cat no time during thu
last ten years has the money market been 81
tight, or money SO scarce, as at this moment
The New York money market shows signs 9
increasing ease, and good paper readily goes
better rates, showing an improyementof to
per cent. within ten days. Late accounts from
] Charleston intimate that serious commercial
difficulties are apprehended in that city. Itis
feared that some of the first houses have beer
shaken. At Philadelphia things are in bet
ter state and negotiations readily effected, bu
without any improvement in rates. First class
paper is quoted at 15@13 per cent; and second
class at 2l@24.
A Washington letter informs us that the ex-
petition, or rather the proposed expedition, I'm,
der the superintendent Of colonel Kinney, Of
Corpus Christi, is the great theme of comment
in political and dip lomatc circles. It's rumor-
ed that quarrel is brewing between general
Gadsden, our minister to Mexico, and the ad-
minstration. Marcy complains bitterly, and
justly too, of the total inefficiency and incapa-
city ofthe general, as diplomatic agent, and
wishes to rid the administration of his plumbers
by having him at once recalled. This will not
be done, but he will be detailed for other SER
vice. With Santa Anna, too, he is in bad re-
pute, and he is anxious for Gadsdens recall
Like every other diplomatic question touched
by the Pierce administration, the affair between
captain Gibson and the Dutch, has been man
aged in such careless and bungling manner
that our government can get no satisfaction
whatever, and the business will be left to con-
gress for adjustment. The correspondence be-
tween Mr. Belmont, U. States minister at the
Hague, and secretary Marcy, relative to the
capture and detention Of captain Gibson by the
Dutch government, shows the fact charged
against Belmont that he was representing capt.
Gibson's case most fayorably with his pen,
while il can be shown that he secretly coun-
teracted all his efforts by private representa-
tons to the government. The correspondence
has been sent to the house Of representatives,
and will be published in few days.
The banking house Of selden, Withers &
Co., which recently exploded at Washington,
must have been a pet with the Pierce office
holders. The house up to a short time previ-
Gus to its failure was in high repute, but such
an expose as they make in their deed of trust,
(which the Globe publishes,) has been rarely
seen, and it is asserted that half is not told
They make their assets appear to amount to
over 81, 100000, by putting down stocks on
hand worth little or nothing, and including the
Indebtedness of the individuals composing the
firm to the firm itself-over 100000. The
firm is insolvent and yet the Indebtedness of
each individual composing it is put down as a
part of the means ofpaying their debts! s.Sci-
e.. hat A hos -l,,,E
appear to have had discounts and favors of this /
model bank, and are now indebted to it, are to !
be found the names Of general Robert Arm
strong, deceased, late proprietor Of the Union;
ohm W. Forney, clerk of the house of represen-
tatives and now one of the editors Of the Uni
on; Peter G. Washington, assistant secretary
Of the treasury; Stephen A. Douglas, U. States
senator and the 'little giant Of democracy; J.
D. Hoover U. S. marshal of the district of Col
umbia; and Geo. C. Whiting, chief clerk ofthe
department of the interior; all true Piercites
and, with the exception of Douglas, all Pierce
office holders; all hard money men, and bitter
enemies of banks, bankers, bank notes and bank /
What institution under the sun could satisfy the
nsatiate appetite of a gang Of hungry office
holders? General Armstrong appears to be
5he largest debtor his liabilities being S32, 600
Mr. Forney is in for over $4,000; and A. O. P.
the present proprietor of the Union,
sor over $50O0 The Union seems to have
nad special favors at the counter Of this bank,
as three of its editors owe the institution up
wards Of $40, 900.
The Baton Rouge Democratic Advocate,
governor Hebert's special organ is waging
savage warfare against all those papers who
presume to favor the reelection of the hon John
Sldell to the United States senate. From the
one of the Advocate, it would appear that no
one has right to be mentioned in connexion
with the senatorship except the governor, and
hat it belonged by right exclusively to his ex-
,ellency What presumption. If the HGbert
is the only obstacle that Mr.. Slidell