New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1861-08-09
TALK ON 'CHaNGE,

\
i There was not much talk yesterday. General mo
notony prevailed from one end of Carondelet street
4 to the other, and when O'Clock arrived the fire.
/ quenters were much relieved at the nonreceipt Of
the usual daily sensation and nonsenscal dispatches
i via the telegraph wires. Later advices are due
| from Europe; the steamer of the 9th is due.
| We are not aware that any important commercial
or financial advces are expected. Politically, we
may receive some Intelligence regarding our Con
federacy. This expectation is premature. The
/ Canada, from Boston the 24th, carried ont the
news Of the victory at Manassas. Responses from
England and France cannot be expected before the
18th or 18th inst, and then only such as the ope-
rators the Hes slams at the North will permit to
come South particularly if the response is of a
favorable nature for the Southern Confederacy.
Another Of the epistles of LII D. Russell, dated
at Natchez, giving full details of his visit to Gov
Roman, has appeared Nothing appears to meet
the expectations of the LII. D. He expresses
himself correctly when he says that there is I'M
bounded confidence in Mr.. Jefferson Davis, and
says that in finance he is trusted as much as in war,
bat mars this remark by adding that President Da.
Wis sent orders to the banks of New Orleans to
suspend specie payments. How did the erudte LII.
D. become possessed of such information? This is
veying this intelligence was written after partici
pating in the post prandial socialties and hospi-
taiities Of some Of the old planters of Adams
county, Miss, and he returns their kindness aud
ciyities in about the same way he did those citi.
zens of our city who were so unfortunate as to be
specially introduced to him; vide his letter from
this city of the 25th May. We learn that letter
was received yesterday from the LII D. by one of
+ h ydo IN III
formed whether he sent his kind regards to the
Boston Club.
Since the commencement Of the war, there has
been an ardent desire to speculate the neccssi
ties Of the people; not only on the people, but
on the wants of Government. The Woudbe mo-
nopozers in breadstuffs and provsiOns.h age been
defeated by the fagors of Providence in giving an
abundance Of cereals. In other articles, other
/ branches of trade, greater success has attended
Istha daaaiag4and4 IAN sefvsaany kinds of wooden
and cotton goods. Blankets and aannels have been
purchased up underthe expectation Of exhorbitant
gains to be realized out Of Government. Citizens
at large will, of course, feel the effects. There
was talk that parties in our city have been in the
country and purchased up all the blankets at the
usual prices, bringing them to the CITY, and now
holding them at one hundred per cent. above the
prices Of last season. Blankets which sold last
year at 50 and 50 25 per pair are held at 81 so
70 IS per pair. This is something like extortion.
II our authorities have the right to place the value
OF bread they have the right at least to investi-
gate the extent Of the extortion now in course of
i being carried on Although the General Govern
nleht mas no express right any power TO inter.
4 iefe WIZ trade between man and man, neither has
i me fisnt 70 take private property without com
W IN aFgnh,H nhnfp
and seize merchandise aud property when required
4 for governmental purposes. Therefore the talk
is that should the Government require cue thousand
pairs OF blankets, more or less it has the right be-
4 fore submitting to extofton, to press and seize
said blankets wherever found, aud allow considera
ton for them at an appraised value, to be deter.
mined by experts duly appointed. The same re-
marks will apply to other articles, such as pork
beef and breadstats but it is not entertained or