The south-western. [volume] (Shreveport, La.) 1852-1870, 1856-12-31

! Hrs PoLrcY.-The students of Franklin an
J Marshall colleges, Pennsylvania, recently pa
!. Mr. Buchanan a congratulatorv visit. TT
: Lancaster Express gives the following skete
$ Of the remarks of the president-elect on the O
h cason:
e Mr. Buchanan remarked that his election ha
: been alluded to, and be might be expected
! say something on that point. He had bee
elected to the high and responsible Office
president, and he thanked them most sincercl
for their congratulations; but whether the ever
i would prove to be matter of conyratulatiol
E time alone can determine. Without sayin
which was wrong, the fears of the 'Father
his Country had at last been realised and W
' now beheld sectional party-one portion
our Union arrayed in political hostility agains
: the other. The object of his administratio
would be to destroy any sectional party-nor
or southland harmonise all sections of tn
Union under national and conservative gov
eminent as it was fifty years ago Unless thi
be done, the time may come when these sec
tional animosies, which now unhappily exist
may break up the fairest and most perfect form
of government the sun ever shone upon. Blu
/ he trusted that the same Power which hat
watched over and preserved US IN the past viii
continue to smile upon US, and make us pros
porous, united and happy people. In concIu
sion, he said that, if he could in any degree be
the honored instrument of alaying this sec
tional excitement and restoring the govern
ment to the principles and policy ofthe fathers,
he would then feel that he had not assumed the
arduous duties of the office in vain.
If the administration of Mr.. Buchanan acts in
accordance with the above policy, he will de-
serve the thanks ofhs countrymen.
THE MONEY MARKET-The Picayune, in its
financial report for the week ending on the Goth
inst, states that In almost every department,
the amount of business transacted during the
past week has been very considerable The
rise in the upper rivers has brought out a large
amount of produce, impartng more than Or
binary animation to the landing, and bringing
into requsltion most of the available facilities
of transportation. The export demand for our
products continues quite brisk, and prices are
well sustained The money market under these
circumstances has been equally active, and to
meet the varied requirements grasving out of
this extended movement, there are ample means
afforded both in bank and outside Negotia-
ions have been on heavy scale, interrupted
'nly partially by the observance of yesterdays
holiday. The banks have discounted largely, |
he offerings having been fully up to their in
ome, and in some instances exceeding it. In
he street good deal of short paper, averaging
rom three to four months, has been done at
'!(G9, and longer dated acceptances of I'M
oubted character at 8. Of these latter, how
YER scarce y any are to be met with, and the
have been chiefly in good names
t 9. We quote as follows: mortgage paper,
lghest grade, 500 per cent; do. country and
econd class 10012; factors long acceptance,
L., $685.; si1 months acceptance, 8; four
'onths' acceptances, 1904.
Secretary Guthrie, in his last annual report,
'ys that pure metallic currency may be set t
1wn as impracticaWe under our constitution t
Id laws, to say nothing of the sentiment of
e people," Thus is surrendered up, and
knowIedged to be ''impracticabie under our /
institution one of the great princi pies" of c
e democratic party, and the one which has t
instituted the principal commodity of its lead v
during the past thirty years So tfey 90. !
he by one the democracy repudiate their old
9mas, and thus acknowledge the correctness \
the views entertained by the old whigs.- n
ell may the Baltimore American excam, {,
Apply is the man who lives TO hear that his j.,
applaud himn' o.
The Savannah Georgian, the leading demo
Tic journal of that State, says: 1--WE will re- Y,
&c when new administration at Washing til
shall bring into the Office Of secretary of 81
tie, a politician with a heart to svmpathise w
h the friends of progress in Central Amer- Isl
The sooner the old fogy who now holds it m
ii give place to successor with genuine co
1ercan feeling, the better for the interests of M
whole North American continent" What &c,
nges few weeks will bring about Sixty int
IS ago, the Georgian, proclaimed that Marcy an
5 one of the most talented and sagacous pc
esmen that ever filled the chair of secretary ~
tate. y,
-~~~--~~-- --~-~~>--- "
lNvENTIoN.--Mr. Geo G. Henry, Gre
merchant of Mobile, has OBJ va
ed patent for an arrangement and combi of
on of machinery, which is expected to Gre OO'
quite a revolution in the industry of the
III. By its means the seed cotton will be cor
verted on the plantation, by one continuous ;no
cess, into merchantable yarn, and this ere
'out greatly increased outlay of capital at
with the ordinary labor of a plantation.- ack
Mobile papers believe that the invention my my
create as great revolution as the cotton cd
did. We have in type long account of ner
process, which will appear next week. cou
enator Douglas, during his recent visit to ed
on springs, New York, made speech in has
III he repeated the declaration which he fire. i the