New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1860-06-01
4 j. AK or ,cHANGE.

good amount OF business Sp"6 on ~ taV uPpeA
landing. There were several steamers with full
cargoes Of the rich and varied products Of the
great West discharging. Among the cargoes being
discharged WI observed cotton, tobacco, -four,
corn, cats, hay pork, lard. bacon, hagging, rope,
eggs, leather, whisky, bran, wheat, butter, hams,
wagons and carts. AT the lower landing there was
some sugar, n little molasses and q few bales q
Spanish moss. The sugar depot appeared 10 pc
desert something Of Sahara under the meridian
sum- and though sugar buyers are duly nouhea
that there will be no sales Of sugar after O'Clock
r. MI from the lst Of June (to-dayl, the imperious
mandate will not be concurred in, because one OF
our respected sugar factors says he Will sell ana
deliver sugar after loclock so long as he has any
On hand for sale.
There was some talk that showers OF rain had
fallen up the coast and in the interior yesterday
and the day previous. On the line Of the ope-
lousas Railroad and on Bayou Teche we learn that
copious shower Of rain fell day before yesterday,
and from the pluvius appearance Of the clouds
yesterday it can be inferred that there were further
showers of the precious element, more valuable to
the country than all the gold in California.
Much stress has been placed On the late move
ment Of the Bank Of England in the reduction Of
the rate Of interest from to a get But 1t is not
generally understood that the Old Grandmarm was
compelled to do 1t from outside movements-the
great competition on the London Change. After
the advance on the 18th April, the directors of the
bank were congratulating themselves on what they
called mastery move in finance before thirty
days expired the business Of the old woman fell OF
SO rapidly from outside competition that the gov
ernors and directors were forced to reduce the
rate. The change in rate at the bank did not have
an influence outside, because the large discount
houses in London were ready loaners at 44a get.
All before remarked, there was very little doing
on our flags yesterday. The cotton business is
drawing to a close for this season, and although
there has been some talk about tobacco no formal
action OF sales have come TO our knowledge more
than beyond few hogsheads here and there; in
fact tobacco dealers and factors are mum alto
gether Wen, If 1t III for their interest to continue
mum, we cannot entertain any objections.
There was some talk about the bill before Con-
gress confirming the grant of the Legislature Of
Mississippi in regard to the incorporating or au-
thorizng an association to open and keep open
the channels and debouches Of certain streams
within the Jurisdiction Of tbs Mississippi The talk
is that here arises question which is brought home
To our citizens at once. If tire action Of Legs
phny was conceived to be injudicious and wrong
by our Chamber Of Commerce, and which, blythe
bye, would affect only Northern ship-owners, many
Of them Of the strongest proclivties towards Black
Repubiicanism, we cannot account why our Cham
Der Of Commerce, which is presumed to be alive
and watchful over the commercial interests of New
Orleans, should not interpose in the bill now be-
| fore Congress granting the privilege of exacting
zoe. VI tun on all vessels that may use or pass
| through channels made by or. cleared out by the
company. If our memory serves US correctly, the
act passed by the Legislature of Mississippi was
4 something Of special character, and applied TO
the bar or channel at the entrance Of the port Of
Biloxi, where to be sure, at low tides, there is
great scarcity Of water. But zoe. " tim on every
vessel crossing the Biloxi bar ascending the Bayou
| Bernard will bear peculiarly hard on score OF
two Of vessels employed in the transportation Of
! lumber, brick and merchandise between our city
and the seacoast Of Mississippi Moreover, another
view must be taken Of the privileges to be granted
| or confirmed. Biloxi and Ocean Springs are places
Of resort during the summer Of thousands of oul
citizens. IL the steamers engaged in the trade are
compelled to pay this Zoe. y tuH every time they
cross the bar Of Biloxi it will have to come out o
the travelling community. For instance, the steamer
Creole, burthen, we believe, 379 tuns, would have
/ to pay every trip over the bar Of Biloxi abont SIS
1 four trips per week would amount to $500, unless
| d Communication should be made. IT il extremely
/ doubtful if the proprietors of this boat could OF
wenld stand this exaction, unless they paid II
| passage. But we will talk little more or a little
further in regard to the rights Of this company, nov
applying to Congress for confirmation of the law
| and privileges granted by the Legislature of Mis-
| sissippi. So far as we understand the talk, The
company has the exclusive right to demand
| zoe. VI tun from all vessels which pass through
! any channel that may be deepened by the com
4 pany within the limits or Jurisdiction of th,
/ State. If, then, the company dredges or clean
out the channel at Pass Christian and stakes it &C
cordingly it has the right to exact zoe. R tun from
4 any vessel OF steamer passing through it. If tn
same vessel or steamer passes through this chan
mel and passes over Biloxi bar, another channel Il
be Kept open, a further charge Of zoe. fa tun cal
| be exaeted. OF course, a Communication may b.
4 Effected between the owners of the steamers AM
the company. But the talk is that the present lin
of boats would be forced to demand So for passag
to our sea-shore suburbs or abandon the trade, a
no steamer can Withstand the construction whie
can be placed on the law. Moreover, the owner
i and nayigators Of the many vessels employed i
"A our coasting trade would be forced to contribute
share of their now very moderate gains and har
4 earnings, The owners of the coasters are not lik
the fat, wealthy and plethoric owners Of the larg
freight ships which come yearly to our city, Q
A whenever it suits their convenience. They, tn
owners of these coasters or lake craft, are part
1. our manor. If our Chamber of Commerce though
it of so much Importance to act on the grant an
v privileges of our Legislature to tho Lonisan
Dredging Company, then surely its interposition
this recent act Or law Of Mississippi is hernandez
Take into consideration the plebeians Of Louisian
and Mississippi, the permanent residents, the hart
I working men Of our city, the coasters and navigi
1 tors Of our waters. as well as the patricans an
4 wealthy ship.owners Of New England and Norther
States in general. Justice, simple justice, an
equity demand this.
How THE STEAM FRfaATE NIAGARA WAS DI
ABLEp.--A correspondent writes from Philade
4, phia
i As there will be. doubtless, q thousand repor
as to the cause of this ships returning to Ne
Y. York, after having sailed on her passage to japan
via Panama, | have deemed It advisable to san
you statement of the reasons that led to her r.
/, turn. During the third night out, while steamn
along under moderate steam, the jacket, or boxin
around the propeller shaft where it passes throue
. the stern port, became detached and forced itse
clear of the packing, causing. leak that require