New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1859-10-20
Ue6 Orleans laiIp Crescent,
THE BANK OF BLAcoHsHrsHEuK.
THURSDAY MORNING o6.ro jru,o q 3ssa

As the paramount rule Of our editorial conduct
we endeavor to confine ourselves as much as pos
sible to home or national topics, but occasionally
the affairs Of the great outside world appeal for
attention and tempt reflection tovoyage to another
hemisphere. Without confessing to any ultra cos
mopolitan tendencies Of opinion we may yet refuse
to believe, unpatriotic though it may be, that
America constitutes all the material world all the
world Of enterprise or progress, for how can such
faith demand persistence from sensitive con-
science when we see it announced that in the far
interior wilds of Asia the /" Bank of Blagoeshtsh-
euk" has gone into operation, and that its crisp
new bills are passing current the representatives
OF value among the Kossack and Kirghese warriors,
who rein their unshod steeds across the boundess
steppes through which the Amoor river winds its
mighty tide, fed by the snowy rivulets from the
gaciercrowned peaks of the Kahn Oula, Stanoya
and Altai mountains?
Russia has done this thing if late accounts from
st. Petersburg are correct. She has dispatched
six river steamers to navigate the AMOR, from the
ocean to nearly as many thousands Of miles into
the heart of Asia as steamers can traverse into
the heart Of America by the Missouri and Missis
sippi rivers. Russia, too, has undertaken the cul-
ture of cotton as well as its manufacture and the
South must look for new competition in the staple
She has sent cargo of spinning and weaving ma
chinery up the Amoor to work up the cotton, in
the cultivation of which she expects to induce the
kossacks and. Kirghese to exchange their bows
and spears for the plough and hoe Russia, how.
ever is not guilty of any such absurdity as to ex
pect to raise cotton Siberian plains for she has
recently quietly made territorial acquisitions bet
ter calculated for the culture of this delicate and
important plant if rumor be not at fault. and it
seems to be very well authenticated She has &C.
| quired territory south of the AMOR where for
ages the fields have shone as white with bursting
bolls as those of the unkindly cline north of the
river have with inhospitable SHOWS. 1t is STATED
that the fact has just TRANSFERRED that the Northern
Empire has lately purchased from China an i'm
mense extent Of territory south of the Amoor, 70
the trade of which English enterprise has latel,
conceived such an itching desire, and intends t,
monopolize that promising commerce herself hav
ing already established the " Bank of Blagoesht
sheuk in of the great Kirghese cities of ths
river, which she has purchased with the surround
| ing country, and taken other enterprsine step
referred to above.
1t is stated that part of the price was paid il
munitions of war, seven hundred cannons being
VI CuIsiueTdtloH anu tnau lnc Urea
Bear is on such friendly terms with His Ceestia
Majesty that their relations virtually amount
alliance the ministers and other representatives
the Court of st. Petersburg having as free run
Pekn and the other peaet'alig and sancH sanctc
rum of the Flowery Kingdom as the yeowest oft
ng-tailed mandarns who were never out of sigh
and smell of tea plantations. At all events, Rus
sia is so near and SO powerful neighbor, now tina
she has absorbed the semi-independent people
which occupied territory between Western Siberi
and China proper, that the latter dare not be Other
wise than amiabe: and her trade is so importar
that Russia cannot but cultivate friendship and Ell
deavor to secure the lions share by keeping Ems
land and other powers out of China. The circun
stance if it be as is stated, of the Chinese havin
acquired from Russia European munitions, will suff
GENTLY account for the astonishingly improved al
tillery practice of the Chinese on the Peiho ant
if Russians were within the Notifications, whic
smacked of European science in construction, til
rumored new relations of the two nations woul
rumor is founded in fact, then England and Franc
must think twice before they send those twent
thousand men, half French and half English I
conquer China; for they may have to conque
Russia, too. We of the United States also, mus
keep our eyes open, lest Russian competition rui
our cotton interest. Who will hand in for our il
spection bill of the Amoor river cotton g Bank
Blagoeshtsheuk?" We will take it at par in pay
ment of subscriptions to the Crescent