New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1862-02-18
.Nefu 0rIsa1ls 4aap Crestsnt,

Neu 0rlsa1ls 9alp Gtestsnt.
TUESDAY MORNING, FEBRUARY IS, 1852:
n ~, u --. TALK ON CHANGE % s,.ss.s5e.7
The gatherings on the flags Of Carondelet were
free yesterday considering that the general cot.
ton trade were at sixes andsevens, or perchance
lit may be at mines and tens. About meridian it
was announced that Fort Donelson had been cap
tured or surrendered, which caused something Of
a depression In some circles. Many of the habi.
tues of the flags do not take into consideration
that this great war revolution is to be carried
through without reverses. At the first de-
tclaration of secession there were only seven
States. Tennessee was expected to be neutral at
that time. However, it is unnecessary to talk of
that, Waving all the dispatches via telegraph,
there was very little talk ON the flags up to the
close of business, say P. M. ,e&ss l# ges4y.ii
Our citizens are greatly excited or exercised on
the receipt Of some dispatches over the wires.
considered as special On Sunday there were
some Illuminating accounts, which put most every
body in good humor, and led to the issue OF extras.
Yesterday these very same extras contradictcd
| what was re-published the day before; so much
| for SO much may well be exclaimed. But a truce
to the telegraphic advices. They will be fully de-
tailed in another column, though the latest re.
ceiVed were Of a contradictory nature. It cannot
be entertained that Nashville is to be surrendered
lif so, then we have bigger fight on our hands
than expected We have only to say to our citi-
zens, keep cool, don't be led away by a momen-
| tary excitement. -ysHa5@ ,~ .'ae
| Towards the close of the day the general talk
/ not only the general, but the special talk-was
transferred from Carondeletto Camp street, within
the neighborhood of the Crescent office. The great
Caronde1et and the grand boulevard, Canal, were
| deserted, and Printing House Square was in the
ascendant 1t was very difficult to say whether
West Point strategy and learning policy
| was in the ascendant or not.
/ There we're some remarks about the weather.
4 Well, there was great change between Sunday
| might and yesterday, but nothing more than has
i occurred before. if,%s.s. 4. s,....& "a.
| There was some talk about the great rise in the
/ river, and that it were well to be guarding and
preparing the levees. 3D.. ...
There were some receipts Of cotton yesterday
and the day before, brought in under special per-
| nits. We are now approaching the grand climax,
that is, to ascertain how England and France can
get along without the regular weekly receipts OF
cotton. .,&. t.,..
The time for cool and calm reflection has ar.
| rived. There were many remarks about the intel
ligence from Fort Doneson One account says
that we the Confederates) had achieved the
greatest victory on record, bat during the night
the enemy was reinforced, and knocked all our
supposed victory into cooked hat. The facts are
simply these: The Southern forces have been
/ going on halfcocked under the prestige Of Manas.
II Vest mt has IN for in
few untoward results. The authorities at Rich.
mond have much to answer for. IT is, however, Of
no use to be complaining. We must go to work al
once. We can whip and beat the Hessians bul
our rulers at Richmond do not understand the true
I position Of the country. Let that pass for tht
4 nonce. We are safe enough on the Western from
tier. If the 10000 Indians spoken of in the an
nexed extract were only in Tennessee, near For
Donelson, the Hessans, generally from Iowa
Illinois and Indiana, would run at once ther
would be no talk of surrendering Nashville.
Extract of a letter dated: s.
g. I'd. Fonr GIBSON, c. N, Jan. 30 1862.
Times quiet on the frontier. Peace and plent,
throughout the country, and a perfect union Q
sentiment among the red men in the common
cause of the South. No doubt we shall have har.
5 fighting here in the spring. But good cause vii
make the work easy for US. Pixies brigade vii
, number some 10000 Indians, and two or tire
1, get footing here. Fourteen inches of snow Of
8 the ground whilst write. ,.g
The above letter comes from one of the mos
influential citizens of the Indian Nation. The grea
Jayhawkers from Kansas will meet their match
they should attempt to penetrate the South throug
the Indian Nation. 's,s,.
< In the meantime, while we are writing, Cam
street is crowded with citizens anxious for th
news, which will be found elsewhere. But really
every considerate person ought to have bee
aware that we were in for a severe contest, an
that reverses will follow successes as sure as tn
, sun revolves on its axis.
Il To-day the permanent Government of the Sout
is to be inaugurated at Richmond. 1t is hope
that the first movement of the new Government
will be to clear Richmond of the officeseekers tn
hangers on, the spies army worms, contractor
and vultures. Let every able bodied man be CON
, PEELED to shoulder musket. 1t has got to com
| to this sooner or later. In the meantime, there
no belief in the report that Nashville is to be SUI
l., rendered unless the South is actually sold.
IS A Letter from Gen. McCoolx, which Accom-
panied the Remains of Lieut.. Peyton.
We have before us, says the Nashville Banner
Of the l4th inst, the manuscript copy of a letter
i, addressed to Hon. Bailie Peyton, whose SOL
Lieutenant Baie Peyton Jr., gloriously fell at th
battle of Fishing Creek, from General A. Mel
McCook, of the United States Army, and whicl
@ under flag of truce, accompanied the remains
Lieut.. Peyton. The letter evinces a degree
gentlemanly kindness which we can but commend
even in an avowed enemy Of our country and W
r. produce it in our columns as a gratifying remil
: iscence of this war, whose otherwise grim fes
: lures are casting SO much gloom over tha lam