New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1858-08-12
FRANCE, ENGLAND AND THE SOUTH.

i gentleman in Paris, under date Of July l4th,
writes private letter from which Baltimore CO.
temporary makes one or two interesting extracts.
There Is some force III what he says, and it is GER
ainIv our interest to cultivate close co<nmercial
alliance with France, The writer says that the
French Government has granted an annual subsidy
Of Is 100000 francs-three millions Of dollars--to
sustain the projected lines Of steamers to the United
States and TO Brazil That which is intended for the
trade between st. Nazaire and Norfolk he says only
awaits the assistance promised by the Hon. w, Bal
lard Preston, Of Virginia. Our readers will remem-
Der that Mr., Prestons scheme contempates the sup
ply Of large amount of capital Isl 500000) on this
side the Atlantic The writer of the letter referred
to says Of the feeling in France on this subject:
Everybody is DESTROYS to create direct relations with
the center of the United States, and eomprehends
the advantage Of passing the trade no longer through
the hands Of the brokers Of New York. | have seen
some merchants Of Nantes who are very much dis
posed to send cargoes to Norfolk. Now that the
tennessee railroad is open, we can go directly IRON
Norfolk to Memphis and ST. Louis. We are all as
DESTROYS Of freeing ourselves from the monopoly Of
the English the South Of the United States is to be
exempt from that of the North All the products Of
the center will have an advantageous market mere;
our grand railroads finished and without quitting
these lines, we can send with dispatch through al
Europe the merchandise imported from America, 1t
will be the same with regard to that which we will
desire to export. should not be surprised if some
fine morning serious quarrel should break out be-
tween France and England. 1t is reason the more
that the old American alliance shoudbe revived, and
nothing will contribute more to it than the establish
ment of the contemplated transatlantic steam ser
vices,
AS | have written and published, France and
America are not rivals. We produce and consume,
and we send reciprocally that which is wanting in
our two countries; whereas England carries on the
most unfair trade with the United States in running
in opposition to their own market. 1t is not for the
sake of philanthropy or for the love OF peace, that
she has given satisfaction to the United States in her
late difficulties. 1t was severe blow to her pride,
and when the day comes in which she can take her
revenge, without materially affecting her interests
she will not let the opportunity pass. Cotton is OF
more Importance to her than the cause Of humanity,
and the horrors of the East Indian war are evidence
of some Of her philanthTopc sentiment
We should be pleased to see the closest sort Of a
commercial alliance spring up between France and
the United States, for the very good and sufficient
reason that we believe it would be raught with large
ultimate, if not immediate benefits to our particular
section Of the con.ederacy; and, in the happening
Of a not very improbable contingency, we would find
an ally faithful as formidable If the Government
OF France could only succeed in wrestling the sceptre
of commercial and manufacturing supremacy from
England, that splendid Countrywide finest in all
Europe-would soon reach a pitch of prosperity,
"ea''u' StaIleuF ana power Unparalleled N 1ne ms
.oiy u 'Ls olu Morlu. monopoly OF tne co1ton
s'@ae u Jug 7ouoH similar 10 Ihat winch England
nas from Ine tlrle our snowy staple assumed
its proper place among the great products Of the
earth, would accomplish that object with marvellous
Iap,uiy Aiia' as tne mattef IS OF sIopehaouS lnl-
pp''an0e' p IL ho1 HoEe lnan hhely 1na1 u mas
avs'eoteu W a''eisloh VI vne WIZ auu sasa
"lo pres'ues oYer liz ueSI'Lles oI
eas ua.,oI VIII goHsullliate aoty ana TACT
au = nv Hhey "l continue 10 a''facb attention
.N 'S"u ~ ao'iou' 'ue Aofe II Is VHousut 81 we
~ ~ iia'e iF"spls ~ out WY o. lnlhhlns
M n sne eye = sISaa !eFoiuIlol II! tl,e
49, anu otea' p,'pn IL oes'lneu
l'liy Oell''e 10 sustain llioFe loss ny un"V reyo
'''1'' @'y 0'ue' '"Hl0n3 noV oHy o1'"use sue
~ insstes's lnYoiveu' pu' because II VIII
@otN Bl4ul inversion u po'tl"n OF Ine cotton
- "'iie snT ''S epJ"yeu Almost an
AH0 'uV'ou '7.''es "ll pe lll'
@'So' He'eso'ote VNe SpAuueis
navy Li'iLg suPPIleu 'ue VIEWERS q
t..tto ~ E" Seals illos1 ol 'Le "a"
$3.50 u 'ts oou'u VIII oe spun l"'o yarns on pan
va'olls uuuer mn nenfy process WIN HttIe adai'
v'o"'. 'osU 70 Gne plau'et' WINE JUS value Will pc
'6ely ineEeaSeo' ahu III 1lla1 shape IL WI pc sent
epsoau n eouFse' 'ueu' te weaVeIs Oh EUROPE VIII
ma !. 70 tlelr interest 10 purchase rom hFst nands
anu spUs 'lie monopoly u 'He Egll9n sPihneEs ana