New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1860-10-26
nnRE NEUTRALITY-SUSPICIOUS..

few days ago we exposed a grave msrepre-
| sentaton of the social and financial condition OF
the Southern States, made by Bayard Taylor,
through the columns Of the New York Tribune.
That paper itself in its editorial department, takes
every occasion TO fling contemptuous epithets AZ
| the Southern people, OF Southern society, ana az
everything that pertains to the Southern States,
The failure Of d large New York house engaged
III Tie Southern trade--the house of Lane, Beyce
n Co.'S I. sweet morsef for the Tribune phloso-
pliers. They improve the opportunity to read us
4 long homily, declaring that the trade with the
South ia conducted on loose and careless prin.
ciples, placing the Northern dealer in position
where be is constantly liable to be defranded, and
winding up with the following precious moroccan;
Many New York jobber will sell his goods aud
his soul to the coton7growers, and be cheated out
OF the promised consideration; but the Union will
stand and the laws be enforced nevertheless, until
long after the present race Of dry-goods jobbers
and their Southern debtors shall have been peace
fully gathered to their fathers.
One would suppose from this, that no Northern
merchant could have dealings with ''cotton-grow-
ersn without running q risk Of being Cheated
that trade with the South was in fact rather to be
rejected than courted. It only shows how little
knowledge of the laws Of trade, and Of the practi
cal business concerns of the country, closet phi
lesopher has. OF course no New York merchant
desires to trade with people who stand ready, at
any time, to "eheatn him tout of the promised
consideration Certainly not. New York mer-
chants never send agents and drummers all over
the Southern States, begging for orders Of course
not. They do not besiege Southerners at their no.
tells, when they 60 on there in the summer to buy
merchandise Not at all They do not send ad.
yertisements and circulars all over the South call
ing attention to the wares they have for sale. At
least they ought not in the face Of the warning Of
the Tribune, about their loss of the promised CON
sideration." 4.s
We find reply to the Tribune's article, how
ever, in conservative paper published within a
short distance Of the Tribune building. The New
York Day Book, edited by gentlemen Of practical
common sense, and not BY transcendentalists and
men consumed with hatred Of the South, rejoins to
| the Tribune as follows:
The South and her Alone has made the com
marcial glory Of this Union. Her cotton, sugar,
rice, tobacco, and other crops keep Northern ships
Northern manufactures, Northern agents, and
Northern insurance companies busy. She pays
four.fths of foreign purchases. Her cotton in
1868 paid $27 900 600 freight money to the ships of
the North, and the latter only contributed $780,,
600. Her banks hold the largest amount Of specie,
| year after year. Northern bili-brokers sell bills
based upon her shipments to the amount OF hun
| dreds of millions. She puts the bread into the
mouths Of New England operatives; they owe her
for the means to earn three-quarters of each day
dinner. Her entire domestic resources furnish an
| interchange Of dollars among our own people,
| yearly, Of no less than SSo0,000.000. The very
readers Of the Tribune get their living out of this
ebb and flow of commerce and money, which is
created, and has its fountain head south of Mason
and Dixon,s line. The Tribune itself reaps the
direct benefit OF it, and could not exist If the South
and her institutions were wiped ont, and yet her
system Of trading is curse, says this immaculate
| journal.