New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1861-10-02
t33FHs ~ ". 81 slls T.f5i ~ #NsE 4 i,
TALK ON CHANGE.

Z
though increasing daily, result in almost barren
talk in fact Carendelet street has lost its pres
tige for the nonee. The king sway is broken, and
asscotton, freights and exchange, are things that
were, many squads talk Of military aflaira. Here
and there appears knot Of civilians talking in the
strain Of, /" Why don't the army advance?n .eWhy
rest on the Potomac Ri, In fact it might thought
that there We're greater generals on our flags than
on the Potomac. Yea, there are some woud-be
cotton generals that "a, they would like to buy all
the cottonat about 40 cents but as this cannot be
carried, they chime in with the remark, slWhy
don't the army advance2n They talked in this
strain before the battle Of Manassas. Our Presi-
dent and his Generals know their duty When the
time for advancing arrives, they will advance.
The Confederate authorities and army have per-
formed wonders in the last six months Let there
he no more complaints, particularly on our flags.
e The proclamation Of Governor Moore, forbiddine
the shipment Of cotton to the city, was duly COM
mented on. It meets with the appreciation of all
true Southerners. There has been disposition
eyinced on the part of several planters to forward
cotton to market on the ground of want of means
to provide for indispensable supplies. There has
been intimaion that in some instances cotton has
been forwarded with the intent of diyerting from
factors who ,madethe usual advances, and who are
entitled to it. These cases are few and far be-
tween. After the 10th instant; nc cotton will be
allowed to be landed within the Notifications Of the
city. All steamboat captains Of standing and re-
pntation WILL of course, refuse to receive on their
respective boatsa bale. True, planters NAV send
their cotton to the interior towns or depots ana
sell it to parties at low prices who will hold on for
Int aEpf,r 81
are 1900 bales Of cotton, which, of course, vii! he
sold to any one who can or will pay for it. At
Memphis the receipts were Increasing from day TO
day. The authorities Of Tennessee will have to
take action at once. Our insurance companies
have unanimously declined to insure cotton in
course of transit, or in warehouses in the city.
Theirs is "a desire to purchase cotton. Ten thou
sand bales of good quality conld have been sold
yesterday If underwriters could have been, found
willing To take risks. The patriotic and true South
ern course, which our insurance companies adopted
in Jply,is highly eommendable. The seafof dis
appreciation on any attampt at evasion of the law
of the Confederate Congress is carried out. We
are asked, s5how can lection be shipped ~ VERY
easily Vessels would, If allowed, load here and
there, and be permitted by the Dockading SQUAD
ron to pass, if permit were produced, signed by
Salmon P. Chase, Secretary Of the Hessian Gov
eminent. Are anysueh permits out, we are asked2
tiaa very easy meter to load small vessels with
scottonon Mississippi Sound, under Lincoln pass,
1t il very easy matter TO get cotton from the in
terrier Of Mississippi To- the lake shore without com
ing via New Orleans. It is very easy matter for
disateresfed parties to purchase cotton in interior
towns. There is no force on the lakes to prevent
vessels from going to sea under q Lincoln license,
are there not parties now in our city ready to EN-,
bark in the purchase and shipping Of cotton? Are
there not lincoln licenses available2 G,tiea sabe
lntle war OF Is 10 licenses were obtained by ali
DESTROYS OF awaiting themselves. Vessels would
load IN New England ports under the Swedish flag
being nentrals. There was no difficulty in passing
the blockade particularly If they had a permit or
pass enanating from the English Prime Minister or
bis officials just the same as vessel can now
load with cotton in some of the out Of the way
places IN Louisiana and proceed 10 any foreign
port, thence to Northern port. Let US illustrate :
An operator in cotton can purchase thousands of
bales in Mississippi to be delivered say on Pearl
river, al 10 or IL cents per pound. He can charter
schooners to carry the cotton TO any designated
port IN Northern States. With LncolnIsslioense IN
his pocket, he can safely pass the Hessian squad
ron. There ID not much risk 10 the movement
cotton at 10 to'l2 cents on rivers and bayaus will
pay well in New York or Boston at % cents per
posnd, or say3 Fifty dollars per bale profit We
mIgst ta'k Of many operations Of this nature which
can, md no doubt vii be carried out with the
same vase and facility as in the. war of 1872 |;
consequently tho pfoclamasion of GoYernor Moore
does'nat 80 far enough. 1t ought to prohibit the
buying and selling Of cotton in the interior mark
cts. The Governor of Mississippi ought to act al
once in tbs matter. TRenty.ige 20 ffty dollars
per bale profit 81 cotton ID grsat inducsment for
spectators 10 run many risks. So
The question Is pxopoahdoi to us, how many
lincoln licenses will sberehe ii the banda of cot
Ton operators ia orr snod city by the Est Of Dis.
eetnber Z EoH many world-be buyers viii