New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1858-04-07
Ash ORLEANS DaiIp Grtstsnt.
WEDNESDAY MORNING, APRIL I, 1868.
Talk on 'Changc.

The talk yesterday was rather on the side Of fac.
tors and sellers Of cotten for it must be understood
that there is a good quantity of cotton held here
outside of factors and good share may be held for
some time, to suit the convenience Of parties. In
the meantime the receipts falling of, some boats
arriving with quarter loads, with half loads,
others with more. The greatest feature yesterday
was the advices by the Indian from Liverpool Of the
24th ult., which we published in our yesterdays
issue. Some accounts have been received since de-
noting that the advance at first quoted had been lost
These qualified dispatches must be received with
caution at this time in fact these accounts, coming
from outsider, must be considered asof the militia
style, not belonging to the regulars the Liverpool
market is only reported on a-week, the review
of the same being made up every Friday We shall
not have the regular statements till the arrival OF the
America of the 27th at Halifax, which may be to-
day.
There Is active business going on in most every
branch Of trade, particularly in Western produce.
The demand for the adjoining States continues large,
and bagging rope, corn and bacon are going forward
to Alabama, Georgia and Texas in great quantities.
On the leyee business is very lively and animated.
Though the water of the river is pretty high, and
some alarming reports have come to hand from
above yet there is danger apprehended during the
dry weather. The water has crowded the improve
ments of the 0pelousas Railroad, on the opposite
side of the river pretty hard, but all has been made
right. The levee has for years been rather weak
below Slaughter House Point, the current bearing
with great force down as far or below the Powder
| Magazine on that side. The water of the great
| river of the world is controllabe, but the levees
require constant watching where they have not been
maintained in good order.
The Northern mail yesterday failed and it did
the day before. Should it come through this morn
ing, we shall probably receive the English mails
brought by the Persia of the 20th which will explain
good deal OF the cotton market, and the apparent
political troubles between France and England.
We have said something heretofore of the su-
premacy of England in the ocean mail SERVICE and
expressed our regret at the conduct Of Govern.
ment towards American steamers, and particularly
! the Collins line of steamships.
! The following taken from the London Globe Of
the. 18th Of March, exhibits the exnltation of our
Transatlantic friends We may well warble, " The
winds and seas are Britannia's wide domain"
Once more an enterprise in which England showed way
the passage between Lyerpoo and Nsw Y9rks
h undsPued possession Of the route and carried the m.ls
element They did not however at contest
the New York and Liverpool route they started line between
won by Cunard the Liverpool line Mr. Collins Aided
by subsidy from Federal Government he built and
launched ships Of size speed and and reduced the
passage less than days OF Eve ships that he built
line paid simple interest TIE stock
Every trip England and back again sDO0O
of repairs exceeded the original
outlay of when the Federal Government in spirit OF
acluaed apparently by sectional than
motives withdrew the subsidy the Collins line
he way the Sands line, having lost its sub
sdy ships withdrew the contest. The
only remaining line receiving subsidy from the American
Government is the Livingston line Southampton and The
subsidy that line will it is stated be shortly withheld
The Vanderbilt line hardly competitor carries letter,
portion of the postage. The Cunard line which hss
Awsy been the vore remains therefore master Of hed
which It the first appear and in which has been tn,
| ,teady competitor.
There many this The great English lion ha
supplied with ships. In of
cdent there Is always another supply its place
carry mail Then, stated that build ships
them with superior machinery Our subsidies hsv
certain the whole enterprise has rested rmt
foundations