New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1858-12-06
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CRESCENT OFFICE. No Camp street,
Saturday Evening Dec 1858.
The week closes under great degree of activity in
every branch Of business. Visitors and citizens from
every part of the United States with subjects of all
queens, kings and emperors in Europe continue to
rive in our city Many come for health and recrea-
ton, many business, and not moderate share for
change and to amend their condition in life. In fine
this much abused city Of New Orleans is an imposing
and mighty emporium at this time. The grand eli
max Of its position is the financial and commercial
strength Of our mercantile community In its social
attitude it stands far in advance of the great metro
polls NewY York and other large communities North
ward. We hear it often remarked that the recupera
tive energies of citizens great. but this
mark is often misplaced. The bone and sinew of our
commercial community our resident capitalists, onr
financial deyotees, mechanics and builders
have never been depressed, detected disnayed
SO unnecessary to call into requisition the art Of
recuperaton. Within twelve months we have passed
through financial panic Of the widest nature, eXpe-
Tienced the effects Of an nundaton and an epidemic
of great and almost unparalleled yirulence and ma
gnaney. Have our merchants and resident citizens
fallen or wayered? Have our planters succumhed
No. Have not the requirements Of commercial faith
and punGtuality been maintained? Have not the de-
mands Of charity and beneyolenCe been responded to
nObly and heriOcaly? and it is amusing to hear
strangers Of intelligence arrive among and remark
the zeal and recuperatiye energies Of our conmu-
nifty Some come among us with the idea that the
reyulson of 1861 had rIptured financial future
Others expect to meet with the devastating effects Of
the inundation Others expecting to witness desoa-
ton and misery from the epidemic. We are a mighty
community.
Recurring to the vast increase of commercial eX-
ports for the first quarter Of the present fiscal year
to the large increase for October and November we
have now to remark that we are in the midst of eX
tended commercial operations, enlarged financial
transactions unprecedented at this month Of the year
in the annals of our oity's history. We have in
vted no share of the many thousands who have come
to our city to participate in greatness and pros
perity, extend the right hand Of fellowship and
acquaintanceshp to ALL but must insist on some pro-
baton before taking them into our friendship and
confidence The transient traders ana peripatete
merchants are among us in full force but they add
very little to the solid, or even the nominal capt.
tai of our city They reap but never sow They
are from the West interfering with our regularly
located Western merchants. They are from the
East, contending with our established commission
houses for share Of cotton and other investments
they are from the Northern States, competing in
every branch Of trade with established wholesale
dealers, iobbers and retailers perchance some may
become permanent and worthy citizens but the mass
only comes to make hay while the sun shines. They
also elude our tax gatherers and assessors.
In the course of our profession as journalists, we
have conceived it our duty 10 reflect on the absentee
or nonresident system, which is being pursued to so
much disadvantage and unfairness to our permanent
81,
$50 or 500 to our charitable associations but such
donations are, however, spent in aid Of strangers and
natives of other States and countries yet, what
those donors give forms tfanscendentedy small per
centage on the sums yearly drawn from here and in
vested in other places But now let us cite instances,
which are numerous Where traders and even nler-
chants in this city send Northwrd to have their
cards. bill headings and such little jobs printed to
the prejudice and injury of our resident printers
other merchants when wanting engraving also send
North to a Copartner. These are small items, still
they serve to illustrate the principle such it can be
called. Here we have our own resident mechanics,
artisans Of almost every class capable Of performing
any branch ofmechanieal art and industry with their
trade and vocation at times angushiug for that very
support which many of our pseudo citizens are fur
nishing to communities miles away who have not a
particle Of feeling Or sympathy in common for the
South, Southern institutions Or Southern interests
In summing up for Tie week, We have to record
weather Of a mild temperature, attended with fog
mist and some rain, aud altogether very anf4yuabIe
for sugar planters particularly those who have their
cane frosted. However, the season was so much adj
yanced over former seasons thai the crop will in the
aggregate turn out very well. Estimates extending
from 215ooo to 3o00oO hogsbeads OF sugar and over