The south-western. [volume] (Shreveport, La.) 1852-1870, 1857-07-08

there had been general and very active de-
mand for money, under which the rates still
further hardened The banks have not beer
in a position to meet the numerous application:
made upon them, hence borrowers are forced
into the street, where the supply has likewise
proved inadequate to the wants. Very prime
paper, maturing in five months and upwards
can be had at TO- whilst names ntrnsically a:
good, but not so generally known, at 2 u ct
For shorter periods, lenders dictate wide
range, varying according to the necessities 0
the case. The specie reserve in the banks con
tinues to diminish and is threatened with {
further reduction by the operation OF the new
tariff, which went into effect on the 1st inst
The west is endeavoring to draw coin to make
up for the deficiency caused by the influx into
New York from the interior. 1tmay be assum
ed as settled fact that money will remain deal
during the remainder of the season, whilst it is
not unlikely that severe pinch may be expe
Erienced at the opening of business in the fall
.-o11~-~~-~~-~-~-~-o-~-
OREGON AND SLAvERY.-Although there are
no slaves in the territory Of Oregon and but few
blacks Of any sort, it seems, the people there
are seriously discussing the question of organ
izing State government which shall recog-
nize and authorize slavery. The Oregon States
man, leading and influential journal Of the
territory, conducted by New England man,
has the following: .u. 9.-.
With the constitution will undoubtedly be
submitted to the people separate provisions
making it both slave and free State, and
whichever receives ma ority of the votes, of
the electors will thereby become part of the
fundamental law. Which of these propositions
will be successful we cannot and care not to
predict The number of voters in favor of in
PRODUCING slavery into Oregon is at least one
hundred per cent greater than it was one year
or eighteen months ago; we believe it is three
hundred per cent. greater.
We do not believe there are five hundred vo
tiers in Oregon who, in exercising their sufra
ges upon this question, will be influenced by
considerations Of the morality, abstract justice
or injustice, &c, &C., of ensiaving the m gro
race. The only real questions here are, is the
of slavery into Oregon practical
Bile? and will ii prs9a profitable? Those who
favor it maintain That it is, and will; and those
who oppose, that is not and will not. "Will
it pav?' is the question asked, and the opinion
of the voters as to whether or not it will pay
will determining it. Did our climate, productions,
and markets unquestionably favor slave labor,
Oregon would unquestionably knock for ad
mission into the Union as slave State Wheth
er they do or do not to a sufficient extent to
the introduction of slavery-whether it
will be a paying institution for Oregon, is the
and the only one, upon which the
result will depend. Believing that it will
prove practicable and profitable, mot few north
ern men favor its Introduction here and are ad
vocating slave State, while some southern men
Of the opposite opinion, favor a free State.''
A correspondent ofthe Petersburg (Virginia)
Express says that the North Carolina fisheries
or 1857, have proved a disastrous failure, and
several of the most extensive proprietors are
elling their sea beaches at auction. He adds:
These things were limited at before, but now
he sad reality stares us in the face, and you
an just tell your good people who love North
Carolina shad and herring, to buy them as fast
S they can, for in a very short time they will
re 'few and far between - even beyond the po-
ent influence of the almighty dollar. 1t is a
Melancholy truth-we have been slow to learn
that the time has ceased when fishing can
re prosecuted successfully in the Abemarle
nd its tributaries. Iqe immense destruction
# the ova of the shad and. herring, by being
arried into the field as fertilitisers of the soil,
las doubtless been the main cause of the failing
fthe run of our fish. 1t has been proposed to
old convention of the beach propretors, to
onsder the evil and take some steps for its
emedy.
Our merchants are supplying their counters
nth lowe}ls from the mandatory near Wood
lille, Mississippi. We are glad to see this, as
will have beneficial influence upon home
ldustry, and tend to building up in the south,
actores for supp ying whatever of cotton goods
lay be wanted for home consumption.
We take the above from the Louisiana Pa
lot, published at Clinton, and it affords US
luch satisfaction to learn that our merchants
nd planters show a disposition to encourage
ONE manufacturers. We trust that cotton
Hills will multiply throughout the south, until
hey are found in every town and village.
The hon. S. A. Douglas recently delivered
speech at Springfield, ILL.,, portion of which
e heartily commend. Abiding to Utah and
nd its mormon saints, he said:
If the state of that territory be as it is repre-
ented then Utah stands out an alien enemy.
nd outlawed, seeking admission for the sole
urpose of subverting the authority of the U.
tates. If such be the case, he would favor the
epeal of the organic law of the territory, en-
ct it district under the sole and exclusive iu-
sdictIon of the United States, and then bring
the criminals under the criminal code of179O,
y them and punish the guilty, completely
otting from the earth the existence of that
rrtory.
One hundred and twenty-six editors in the
nited States recently drew building lots in the
wn of Warrenton, Virginia, situated in the
BID region of Culpepper county in that State.
anks, of Petersburg; Bryant of the N. York
venng Post; Gilmer, of Lewisburg; Vespa-
an Ellis, of Washington; Coale and Barr, of
bingdon; WaddeT, of Staunton; Alexander,