New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1859-03-15

TALK ON CHANGE.

Z. TALK ON CHANGE.
>S -
Yesterday was quiet day on Carondelet street and
envrons The early part was occupied in perusing
the correspondence by the Europa's mails, which
came to hand yesterday. Several illusions are made
in private letters to the question Of war, and money
was reported as becoming plentier on the LONDON
exchange. This is an anomaly; with prospects OF
serious disturbances on the Continent, the English
money market was growing gfhtted with capital This
only leads to confirmation of what has been expressed
that Continental war will not retard or prove preju
dicial to American interests However we shall know
all about it in q few weeks
The greatest war New Orleans will have to contend
with is the war of the elements at the Southwest
Pass Since the date of the last enumeration of ves
sells detained the ships Castine and Patterson for ST.
Petersburg, and the ship Creole for New York, have
worked over the bar We are indebted to the circu.
lar of Messrs. ]. H. Ashbridge & Nephew for infor
nation up to the 18th, giving the following additional
vessels as being detained The Gear for Liverpool,
with 3462 bales cotton the Redwood, 1855 bales; H.
lustrious, 3470 baes R. B. Sumner, ST. Petersburg,
5000 bales Ocean Pearl for ditto, 3242 bales; ]. w.
White for Bordeaux, cargo 1888 slaves Troy for
Boston, 63l bales cotton 1922 bbls -four. The total
amount of cotton detained is l09e20 bales and 1854
hhds tobacco. The following vessels the bar,
that is in the channel: Ships Athena for Bremen,
Mary E. Campbell for Boston, and Mary for Havre.
The talk is that it is about time for some immedi.
ate action to be taken. Over thirty days ago we in
timated and talked that our merchants should come
forward and guarantee that fifty thousand dollars
would be paid to any party removing the obstruction,
without STIMULATING that the channel should be kept
open for any specified time. We talked that trusting
to Government at Washington or our authorities at
Baton Rouge would be attended with delay. On the
I'd of February, forty days ago, we published list Of
20 ships detained. Of these ~ have worked over,
and we hope are well on the way to their destined
ports. Had suggestions been carried out that s,
had the Of fifty thousand dollars been guaranteed
to the Tow boat Associations, it would the talk is,
have been an inducement for them to have started
dredging machine weeks since. There was, how
ever heavy ships worked out during the month,
and if the Campbell which has been laying the bar
for nearly 70 days, with 5046 bales cotton could be
relieved, the channel would admit of many vessels
going out There was some talk that the United
States Quarermaster would receive proposals for ne.
moving the distractions, or was authorized to do
something relating to the balance of the last appro-
pration. What the purport of bis instructions are,
or what he expects to accomplish we cannot say
though the talk is that $4,000 will do some good
temporarily. But as is usual in all Government ex-
penditures many formaties have to be gone through
before proposals reach contracts and then some time
intervenes before contracts complied with. In the
meantime we have only to add that individual enter
PRISE if sustained and compensated for will clear the
channel in few days, and keep it open till the last
ship of the season is ready for sea.
The Chamber of Commerce last evening had under
consideration this bar question. The proposals of
Col. Long were before the Chamber. Col Long is
authorized to expend only the $4,000 the Govern.
ment has ordered the old contractors. Well, bringing
suit against them will not remove the distractions,
keep an is feet channel open for five years. The
Committee Of the Legislature the obstruction has
reported against making any appropriation, to be
funded by the General Government. tits well known,
however, that the State has no funds on hand to
apply. The only recourse is to private subscrip-
tons and it has got to to that at last and the
subscriptions may as we'll be commenced this day. |
There will be contract taken to clear the channel
and keep it open for 00O 1t is idle to expect it,
Nearly all brave men have been Of finely organized,
and therefore nervous temperament. julius Cesar
was nervous, SO was Bonaparte, so was Nelson. The
Duke of wellington saw a man turn pale as be
marched up to battery. That he said, sis
brave man he knows the danger and faces it."