The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1858-05-21

ton of sugar, and the present disasters are
likely to leduoe mater ally the yield OF Louisi
ana IL is year. The cane, being submerged, rots
end Is lost.
During the food of 1850 break occurred on
the plantation Of Mr.. Sauve, about nine miles
above the CITY, the water from which filled the
swsmps above and in the rear Of New Orleans,
until it backed up upon the city, submerging it
to within three or four blocks of the levee in
front Fears have recently been entertained that
a similar disaster would occur this year, but we
think there is no danger of it. The experience of
1850 has made the authorities OF that city very
watcaful, and the levees for many miles above
are not only in good order, but are under con-
slant observation day and night. That city
possesses the means of protecting itself forever
from overflow, by filling in with earth the piling
of the Jefferson and Poachartrsin Railroad,
which would carry so,id embankment from
the river to the lake few miles above the city
All the swamp In the rear of it could then be
thoroughly drained and kept dry. At present
1t is in 4 measure protected by the towpsth of
the new canal from the city to the lake. We
sympsthise with the people of Louisiana in the
great losses they are experiencing, and We
hope soon to learn that they have been relieved
from the fear of still further disaster BY the
falling of the water in the river.
Hon. Mr.. BoYCE's PLAN FOR FINANCIAL
REVOLUTION IN THE GovERNMENr.-We publish
to day an abstract of the comprehensive and in.
terestipg report of the Hon. Mr. Bcyce, of South
garolins, from the Select Committee of Con-
grees appointed to inquire into the working OF
our existing navigation laws aud tariff ystem us
free trade and direct taxation, and submit the
facts and arguments thereof to the attentive
consideration of our statesmen and politici ans
of all parties We do 80 because there may be
in this thing the beginning of a movement for
a complete sectional revolution in the govern
ment, upon the extreme Southern platform Of
absolute free trade and direct taxation.
The programme of Mr.. Boyce comprehend
with regard to the navigation laws
l. That American vessels shall not be re.
quired 10 have certain proportion Of the crew
Americans.
2. That American citizens may sail foreign
vessels on a footing of perfect equality with
American vessels
5. That foreign vessels shall be admitted to
the coasting trade.
These are pretty sweeping propositions
against the peculiar privileges now enjoyed by
Yankee shippers and Yankee skippers, and that
they are not altogether intended as jok. may
- cf,~ frov tho oofth n N
by which the bill repeating the fishing bounties
was passed.
Next after enumerating his objections to .
protective tariff system Mr.. Boyce, in the inter
val to the adoption of the direct taxation policy,
proposes that our tariff laws should compre-
bend
l. A total abandonment of the protective
policy in every particular.
2. The lowest rate of duties upon articles
of necessity, such az cottons, woolens. iron and
sugar, and the highest upon luxuries, such as
silks.
3. A restriction of the free list to such arti
cles as do not pay for the trouble Of collecting
the duties, and to the raw materials OF manufac-
lures.
WIN iSt"'u w hio ui'"o'V P''Sy w uftCs
taxation, Mr.. Boyce thinks that under this sys-
tenn the expenses of the government may be re-
duced onehalf; and that q perfect system of
equality would be established Ia the apportiou.
ment of the expenses among the several States,
according to the ratio of their federal popula-
ton respectively. In conclusion, the committee,
we are assured, do not aim at immediate practi-
cal results, but merely for the present to give
their views ventilation through the windows
Of public opinion. Very good. The programme
laid down by Mr. Boyce will keep; and should
the niger fail to maintain sectional quarrel
among our political parties, let this scheme OF
direct taxation and It's accessories b. brought
into the foreground, and II will furnish matter
for the hottest kind of sectional agitation for
twenty years to come. We apprebend that this
is the real object Of Mr.. Boyce; but until the
subject Is fairly upon the carpet, IL IL hardly
entitled to q more specific consideration.
CRYING NEWSPAPERS ON SUNDAY-A number
of very respectable and pious citizens have pre-
sented memorial to the Mayor and Commis-