New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1860-11-16
TALK ON CHANGE.

i TALK ON CHANGE
| The daily gatherings and usual confabs on the
flags were interrupted yesterday by rain, which
commenced to fall about 9 o'clock, and continued,
though slightly, for the entire day, causing a com
plete interdiet on general outdoor transactions.
The cotton market was, Of course, quiet; but the
I course Of cotton is now defined A few days of
dullneas and inactivity may intervene, and COM
morciaily speaking, cotton maintains its supre-
macy. 1t is the right bower, and as such controls
not only the commercial and financial world but it
can say to the world political, g Stand, and come
| to terms. Let US talk in plain terms. Suppose
the cotton planters of the South should agree to
suspend the planting of cotton, where would be
the great cotton manufacturers of New England2
How would England come ont with the deprivation
Of simply one years suspension Of cotton? A sug-
gestion Of this character, that is stopping the sup
ply of cotton for one year, can be easily carried
out. Stranger things than this have taken place.
II the cotton planters of the South were merely to
refrain from putting seed in the ground next
spring, the entire North and England would be
begging for us to rescind such resolution. The
great South, pecuniarily and financially, conld
work through one season, or one year, without
raising bale of cotton. Therefore, while the gem
and prices, we will come right out and talk OF
stopping SUPPLIES at once not put q cotton seed
in the ground in the spring of 1861. 1t may be
bold suggestion, but it can be carried out, and
New England manufacturers, New England ship
owners, and our good customer (from necessity
Mr.. John Bull, be forced to bow to the South; and
while talking in this strain, incidentally brought up
it IS duly considered and thought Of. The South,
fLhc rootG nd
out raising crop of cotton. True, many thou
sands of citizens would be prevented from taking
their yearly jaunts to the North, and many thou
sands Of Northern laborers would be deprived of
work. It is not generally known, but we desire to
make it known, that from the Rio Grande on the
Southwest to the Arstook in Maine on the North
east tens of thousands of laborers come to this
great metropolis every fall work during the win
ter, receiving from So to 50 so per day, and paid in
good money that is, gold and silver. These tens
of thousands of aborers and boatmen, leYee and
shoremen, leave in the spring or towards the close
of business, for their homes and families located
in every Northern and Western State, confirming
the talk that the South furnishes the means of
livelihood to hundreds OF thousands of women and
children beyond and outside Of the regular com
mercial transactions, which give sustenance and
citizens South through the great and gigantic pro-
duction, King Cotton
The talk is that the South can sustain itself, and
that without any great or much talk about the
matter. Snch milk-and- water epistles as APP
peared in the columns of Camp street eotempo-
rary yesterday, the signature of Mississippi'
will be of no service at this moment. The course
of the South is marked out, and will, in all proba
bility be carried out, irrespective Of the meanings
and wailings Of Northern stock obbers, penniless
SPECTATORS and pseudo friends of the South who
have been basEing in the sunshine of Southern
prosperity for years.
of course, the inelemency of the weather yes
terday prevented any great amount OF confab
being carried out on the flags. Early in the day
there were private dispatches received from New
York Of date Of the 18th wednesday, counter
handing some exchange orders ON Northern &C.
count POSSIBLY the parties had not the gold TO
forward.) Exchange on Europe was quoted dull,
Sterling at 107, and confidence much shaken. We
were prepared fer these and similar accounts We
| are also prepared to hear Of failures, suspensions
tight money market, and even to the suspension of
the banks but let all these events transpre come
to pass, we in New Orleans are not going to be
afeeted--Ee are not to be frightened by the ma
nipulations of Wall street. Let New York blow
away, but send the gold to cover its indebtedness
to the South. 1t is not going too far to talk that
New Orleans has the banks of the city of NewYork
more than partially under control. In the mean
time our cotton factors and all engaged are re-
minded to remain calm and cool. The world, the
civilized world, cannot snbsst without cotton The
elements Of control of the commerce of the world
are within the influence of New Orleans and the
two million bales of cotton which come to our
evea to be distributed to the markets of the world
There was very little done on the flags yester-
day, particularly in the freight market. The usual
number of ship-masters met at the respective
agencies Of the shipping interest. We were asked
about the new ship HaInlin, which was built for
the cotton trade and launched last month. He
must be bold owner to send and still holder com
mander to bring that ship to the South at this
crisis Moreover, the question Is asked what paper
here would receive an advertisement for that ship,
or what ship-broker Would accept the agency?
There are great many things good southerners
desire to know, and a good many they will know,
if they read the Crescent every day.
-s--a .------
EXTENSIVE SALE or CLOTHING, Doors, SHOES AND
call the attention Of the trade the of
and Shoes clothing place this day al
10 e'cloak A. n, G. Lcantnon Blaahe Co.'s auction
rooms, No % GAartres street. Terms as SALE
es--
NOTICE is directed TO the advertisement in an.
other column Of fine eh property stuated Dis-
tsic belonging tie succession Of the late James D. Thompson
which Is 10 be sold at i9a o4ef7ow meaning AIeceren &
Iapdr,is auction mart,