New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1859-05-11
Nth @rleans 1aiIp Crescent.
TALK ON CHANGE.

Nth @rleans 9ailp Grtsttat.
TALK ON CHANGE
As matter to be understood at once, the chief
talk yesterday was on the European intelligence
brought by the steamer of the Galway line, being
dates from London and Liverpool of the 30th ut.
They came unawares, and the intelligence, which is
partial in some respects, was astounding as was
unexpected. The most important feature was the
extraordinary decline in cotton, which was reported
at 3D. for the week. The financial aspect of affairs
was also talked Of as equally unfavorable The ad.
vance in the rate Of interest by the Bank Of England
from 23@33 T3ct. is great jump at once. We, how
ever do not in all respects give in our adhesion to
the many reports. Day before yesterday, it was posi-
lively asserted that alliance was formed between
Russia and France yesterday this was contradicted
and another dispatch said that forty obbers and
brokers had suspended payment in London. Well,
this must be deemed toerable strong dose for one
day The telegraph is popping too fast n our view
cotton knocked down I'd. in about three days There
is another omnous dispatch, or may be construed as
such, viz that in Manchester business was almost
entirely suspended. Well, we can infer from this
that manufacturers, spinners and traders had not
There was talk of great losses on cotton Large
losses have been predicted for several weeks past in
fact, since the middle of February but the decline
was expected to be gradual, and that Middling Or.
leans would touch 4a@63 war or no war, during this
or the next month Taking everything into consider
ation it will be as well to await the regular private
correspondence by the Persia she will be due in New
York this morning, and will, in all probability bring
anya afeyhf hnur ,I,+or o1,,;az
the great fuss. 1t will be capital occasion a good
time for John Bull to send his fleet into the Med te
ranean and thwart the French naval forces that is
good opportunity now offers to settle the question
OF supremacy on the seas as il present information
is to be deemed worthy Of credence, England and
France are destined to come to blows, and so England
had best lead off the dance at once
Finally, Carondeet street and envrons were tol era
bly, quiet. There being very little cotton on SALE the
war panic will pass without much effect In Western
produce the feeling was good, though there is no
margin in shipping in -four, corn, bacon, or pork to
Europe; nevertheless, the war rumors strengthen
prices There are fears, whatever, entertained in
regard to our financial affairs let the advices to come
be OF whatever purport, either for good or for evil
SIX months ago different state of affairs would have
followed such intelligence as we have talked of.
The mails came through yesterday by both routes,
with dates as late as due. The Niagara's mails will
be due tomorrow. The steamer Tennessee is due to-
day from Vera Cruz almost as much interest is felt
for Mexican affairs as for European.
Another certificate Of bad packing in cotton will
be found under our financial head this morning. A
hard compressed bale of cotton will not absorb
water and dirt after leaving the press for shpme nt
I'M Tr.V Dr.,
Presse in its Italian correspondence confirms the
painful rnmor which had already been current re-
specting the decmation Of the Bianchi regime Mt.
Ihere had been some disturbances in Croatia, where
the people, including their great ruler, Ban Jella-
chlch are much dscontended with the mode in which
the government of their province is conducted The
Bianchi regiment which consists for the most part of
Italians, was ordered to fire the Croat peasantry
The order passed unheeded 1t was renewed in per
emptory terms by the colonel of the regiment The
soldiers obeyed, but turned their arms toward th
colonel, who alone fell before their muskets whilst
The unharmed peasants Joined in acclamatons Of de-
light. The regiment was marched to Pesth there
the soldiers cast lots and every tenth man was shot
down like dog. This fearful act of vengeance was
perpetrated according to the correspondent of the
P,esse, in open day.
PRESENT TO JOHN B. GoUGH.-At great meeting
complimentary TO Mr. John B. Cough held in Lon.
don on the 2sd ult., Frank Crossey, M. P, in the
chair Mr. John Taylor read an address to Mr.. Cough
covering statement of the origin of the fund raised
to cover the expense of his law suits with Dr. Lees
accompanied by receipted bill from Mr.. Coughs
attorney for the sum of the law suits-f348 1885, 3d.,
together with the further sum of flOO remanin e
from the fund over that amount-wth warm assur
ances of confidence and love- Mr.. Cough replied in
touching Speech acknowledging his gratitude, and
returning the fl0O, and announcing his intention
further to pay from his own pocket the expenses to
his antagonist Dr. Lees to save him fro jail,
and make him his debtor to that amount.
SERVED THEM RIeHr.-A Mr.. Close, living in the
vicinity of Crane Creek, Mason county, Illinois, came
to the conclusion that he would leave his family,
winch consists OF wife, in the last stages of con-
with six children, and try his fortune with
young girl of scarcely sixteen, of disreputabe char
acter, who had been living with the family. The
boys OF Bath, where they waited for boat down
the river arrested Mr. c. and after Investigation sem
fenced MN to ride the wooden horse and receive cold
oath beside other summary infictons, much against
his WILL and pay fine of $40, being the amount Of
loose cash found his person. which was to be paid
w eho w oeal uel EXPENSES nome TO her friends
in Kentucky, with strict orders to leave town i'm
A DOMESTIC DRAMA-A funny affair occurred at
Altoona, Pennsylvania, a few days ago. A man of
family named Lehr, had in his employ young lady
who loved her master not wisely but too well. This
excited the Jealousy of the lawful wife who raised
rumpus in the house, and kicked up fuss generally
The husband did not like this conduct of the wife,
and endeayored to calm her feelings by pointing
pistol at her. This raised the excitabilities of the
people, who pelted him with rotten eggs and threat.
ened to tar and feather him and ride him on rail.
To save his bacon, the man was compelled to place
himself under the protection of the officers of the law
and was escorted to the lookup. Lehr intends to
prosecute the parties who engaged in the affair."
A NEW STEAM FIRE ENGINE was recently tried in
Baltimore and threw stream of water from II inch
nozzle 220 feet. The order in the construction of
this machine was to try how light steam fire engine
to do efficient service could be made, and it weighs
A, ,7l0 pounds. Other steam engines of the Baltimore
department have greater power, but most of them
weigh twice or more than twice as much as the
above and are therefore, less available for service,
IHE SICKLEs TRAGEDY ON THE STAGE-The
''new popular play" entitled "Sckles, or the Wash
iD1tOn Tragedy u WAC nrodnnad ~, tl,a oyo,;nr ,r