, 1861-03-08

NktAtoIn VI u LEW uA&UA UAfG pT0MulE3EGq,
Why, any man, possessing the most humble
range Of intelligence must see that it can have
no other object or Intention than the annihila-
tion Of the commerce of this port, for what is
the extent OF interior country dependent upon
any other seaport Of what the PROFESSIONALS call
the Confederate States Of America, compared
with it? # revenue WIS the object aimed at.
how, in the name Of common sense, can it be
obtained By the adoption Of the most stupid
and selEstultifglng combination Of conflicting
schedules, which men ignorant of trade. ond
operated upon in the North By selfish manu-
faesurers, had put togethera We suppose, Of
course, that the country lawyers and half.
nsdged statesmen who have congregated
themselves at Montgomery, and constituted
themselves and their associates the deposito-
rles OF dlctatorial power, suppose they possess
all the intelligence in the world, and reasona-
b'y, to be sure, bring themselves to believe
that people who are so unconcerned about
t, the!r usarpataon as to allow them to superccde
their authority and control Of their own af-
tairs, will be equally ready to carry out their
crude, lndlgested and ruinous theories Of
finance, trade and government, as they are
sent out from the secret laboratory Of these
political chemists at Montgomery. We do
not deny that they have much to encourage
them In the indulgence of this expectation.
The adoption by them Of the Infamous tariff
system Of the Federal Government, which ne
cessltates an army of officers to enforce
its provisions and collect its revenues. is a
well judged step to surround themselves with
an army OF stlpendiaries ready and willing to
carry out their demands, however danger
petuate power in the hands Of the daring
adyenturers who have had the audacity to
grasp It. Within very few weeks, or perhaps
days, the satellites Of the new masters Of the
people will infest every accessible avenue Of
approaeh to the cotton States, and STEAMBOATS,
must Us they approach the northern from
tier line Of Mississippi take IN .sotf1cerH m
board to conduct them to port Of entry, t.at-
boats put themselves under the like super
vision and surveillance, while upon our rail-
roads running north, as We reach, homeward
bound, the boundary between us and the for
eign nation Of Tennessee, well paid retaincrs
ofthe new regime will be stationed TO examine
our trunks for contrabaad articles. In fact
onr seFconstituted masters are taking their
first 1cssons preparatory to our rehearsal of
them, in the French system of fiscal and politi-
cal espionage. Meantime all business is sus-
pended here. No merchant, however sagacious.
Knows how to regulate his affairs. d killing
tariff system has been proclaimed which is s6-
surd aud fnapplcab1e, but which We copscien-
tious1y and sincerely believe is designed to in~
hict rninous damage upon New Orleans, for
upon no other city or place, none other being
metropolitan, eau it operate so iDiuriousJy OF
ruinously. The limited range Of interior
country depending for supplies Of foreign man
uiactures upon Mobile, Savannah and Charles
Ton, enable the comparatively restricted mer-
chants Of those places, to adapt their stocks
with almost mathematical nicely to the wants
OF thelr customers, which wants are regulated
BY the extent Of their crop for market but it
Is lar otherwise with city Of the magnitude
aud Importance Of this, where impoTtations
are constantly demanded and are being steadi-
~ made to meet all ordinary or extraordinary
acquisitions whencesoever they may come. As
It is now, however, under the PROFESSIONALS Of
Montgomery, no merchant, however eagacious.
can either know how to sell what he has on
hand or to order to supply deficiencies for, If
ne sells, he must do 20, if at all, in this time
Of great depression, at old prices, and in unrc-
solvable doubt Of how he is to replace what ia
50 disposed Of; because he distinctly perceiyes
that tariff, stupidly inapp1icable to the new
condition OF affairs into Which this section ia
being forced, cannot long exist, and ret he
knows not what to expect from tic chaflatang
who will undertake its tinkering, Had the
PROFESSIONALS been possessed Of the smallest % @
prastical acquaintance with the organization
and administration Of government, how casy
was it for them to have arranged simple and
reasonable system Of duties, which would have
ensured revenue, conciliated European sym
pathy and confidence, satisfied the people,
and operated upon our divorced friends OF |
the Northern States. Instead Of that we are |
thrown IN mass into a state ofutter helpless |
ness, and the only approach TO q practical
proceeding is in the sixpenny proposition to !
puts sixty-two and halfcent export dutY
upon cotton, to guarantee tho pnnctual paf.
ment Of the interest upon loan of fifteen mil t
lions Of dollars, the PROFESSIONALS Of Mont t
gomery have undertaken to negotiate. For
This purpose this little operation may suffice;
but Of that We can speak with greater Ger
[ainty when the experiment is tried. The
banks Of this place will doubtless take at |
least ire millions Of such 8 loan, when we !
shall be better able to judge how they will re-
sard the security. otfsred By Government
which natures its plans and !
'nlicy in secret, like the ancient Star Cham.
'er, Or modern wigwams, and which ignores
popular sanction as Inconsistent with its new
deas Of Republican government It is clear,
1oWever, to our mind, that the intelligence OF
he Cobbs Of Montgomery will scarcely sui:
Ice for the emergency, and If the proyisionals
:sIs :xpect to 1o do ANYTHING worthy Of approval,
amptuous and ambitious lawyers must be-
with a voice in public affairs