New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1861-11-20
Nw 0m gay Crescent aednesaay praag Novmter 90 1861
Can no remedy be applied

lreW ~ 10 roc. per Id. Can no remedy De appnec
| to these impositions - .
| There has been a great lull in the breadstuf
market for two days past The large receipts have
unsettled the high prices ruling at theclose OF last
week. Corn has declined, but is yet held at starva'
| ton prices. The farmers of Tennessee and lower
| Kentucky are reaping immense advantages. The
regular dealers, that is, the commission merchants,
| say they are only making their regular commas
sions; nevertheless -four at $40 to Sl2 per barrel
| pork at $40 to $45 and corn 81 10 to 81 70 per
| bushel viii soon enable Western factor to show
an immense balance to credit of commission &C.
| count, provided he has enough business. High
prices are, of course, beneficial to both farmers
and commission merchants. We say nothing of
those operators and dealers who have made from
S2 900 to $4,000 in the course of trade in West
ern produce within the last twelve months. One
year ago beef was selling in our market at from
$40 to $l2 per brrrel. Yesterday it was scarce at
$50 per barrel, and there are just as many beef
cattle to-day in the South as there were one year
sgo. The interruption with the West has caused a
deficiency in supply, but not sufficient to cause an
advance of 200 per cent.
Then the talk of salt comes up, which is imper-
fectly understood, as there was sufficient coarse
salt in this market the first of September last to
cure 100000 barrels Of meat, which is as much as
was ever received in this market in one year. To
this quantity of coarse salt there were added 660,-
coo bushels.
cargo of salt arrived from somewhere in Gal
weston last week. 1t is supposed the owner Or I'M
porter will not be prohibited from taking cargo
of cotton in return for foreign port. 10
Talking about the great cotton question brings
up the preposterous and absurd resolution in
troduced last week before the Legislature Of Mis-
sissipp, in regard to the planting OF cotton next
season. Here it is in all its pristine purity:
WHEREAS, In order to provide currency, either
by the cotton growing States or the Confederacy
upon cotton as basis of credit and redemption, as
well as to- promote the private interest of the
grower and the public good of the State and Con
federacy, it is, in the event the present existing
blockade should not be raised by the next planting
season, aimportant that this Legislature as well
as the Legislatures of other cotton growing States
Of this Gonfederacy pass effective laws preventing
the growing OF another crop until the present is
dlspOsed OF; therefore, 80 u
Resolped, That the Committee on Finance be in
structed to consider this matter and report by bill
or otherwise in regard thereto .
The protector and ntroducer of the above can
send for our hat.
In the event of spretermittng the planting Of
cotton, we should like to be informed how the
negroes are to be employed. Putting them to
raising corn, wheat, oats, potatoes, etc., would
create surfeit of productions in the event OF a
good season., Let the question of planting cotton
rest where it ought to, with the planters. Don't
bring legislation to interfere with the tilling of the
earth. 1t is an admitted fact that in the continued
close of the ports there will not be onehalf of the
cotton, perhaps not more than one-thrl of the
quantity planted the coming season, and more
ground devoted to other productions; but in the
name of common sense and reason, let no legisIa.
tive action be appealed to Or called into requsi-
ton in the matter It is an attempt to bully and
drive our European customers, disregarding, as we
do, England, for which we care not continental
dollar. England is not all Europe. We have
other customers besides Lancashire. In the mean
time, we publish under our financial head couu-
try view of the cotton question.