New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1862-01-11
THE coTroN RELIEF Law.

THE COTTON RELIEF LAW
The following article III relation to the cotton
relief Law, now pending IN the Legislature is from
the Baton Rouge Advocate Of the sth inst:
An act was under discussion yesterday in the
House of for the relief of the cot
ton planters of the tate 0f Louisiana by which it
III proposed 10 issue State Treasury notes to the
Cotton planters OBJ the pledge Of The cotton IN their
81 possession. Meshaxe nd time to-day to give even
an outline Of the bill nor to discuss it merits;
Allnde to simply for the nurpose of declaring
our 1nquAlal opposition TO the proposed scheme.
We concSFeztte measure to be full Of Misohief and
pregnant with evil consequences, 1nes1hat will
damage evargbody but especially +1ose forsWhose
aid it ID designed. The addition Of so large an
ainouns to oar airaady Inflated and fepreciated
currency is alone sufficient objection to d. bill
ana all others of similar character. lfsit were
within the province Of the State Government to
afford relief; and il the measures for relief were
consistent with sonn policy none would he better
entitled TO it than cntt0n planters who suffer from
y the waf'and blockade more than any other class
h1t Nh DO not belieye II 20 be within the scope Of
Legislative power til afford relief, and LII itwere,
snph relief as this bill proposes would onlv lend q
Httle temporary help at the cost of overwhelming
damage aI no distant day. If Ss
We are in favor Of extending relief to the cotton
planters, bnt We must confess TO profound appre-
helsions ID regard 10 this treasury note scheme.
We fear it will eventuate disastFously all round,
wen TO those II il intended to benefit as to the
State Ut large. Whenever ID Government, consti-
iated like ours, turns banker and issues circu-
latihg medium, the resnlf il usually governmental
\ bani tcy md indipiduai insolvency. 1t seems
to III That lid relief necessary should be through
4 tn banks, and that the hanks would come to the
rescne, provided q prepsr len Inv for their pro-
tecsions Mas enacted we entertain little or no
doubt The suggestion has been requently made
tlat ~ lesislators by some sort of hocus poeus
or other sshaye got hold Of che wrong endSof the
financial rope. This Ii rather unusual ID Louis
lsnaz State which has always occupied the irst
sfiacs ID Tue realms of finance whose faith was
stainless and whose word was as good as gold
and seems 70 Us that it is not too late to rectify
mistakes that may have been made, OF are in pro-.
lcesss 0f being made.
Af all events, Nc frnst there will be no haste in
passing upon vital financial measures. Before
steps are taken ii The dark, as ii were, there
should be profound caution and careful delibera-
ton exercised, and all the members should discard
feeling and sef Interest passion and precipitancy,
and be Guided solely by patriotic desire to SUBJ
serve The general veal. IA N s5 4,
AGsnExY or Music. The War Illustrations are
still ii full operation, and the Museum offers an
almsst unparalleled ats eton ID its aquaria and
numerous other scnriositIss. We have heard that
tie proprietor, Mi. III Bidwen, has, with his ac- !
cust1msd lberality invited the young inmates Of
the Orphan Asylum To visit III War Illustrations
and the Museum, and Sister Regis, Tho kind and
maternal mana GER of the one on Camp street, has
accepted tha invitation for tie children under her
charge There will, ID consequence, be midday
performance on Nv ednesday, January Is, com
mencing ST ! O'Clock r. NJ, when there will, nd |
doubt, be q crowded auditorium to witness tie |
entertainment on the stage ana in The Museum,
and ae hare no doubt the juveniles will much
enjey lenasplye 2i5s
4 CoNoEKr FoR fHE BENEFIT OF THE ORLEANS
On The 2sd inst, it appears from |
notice i'll another column, there il to be grand |
and vocal concert. at Odd Fellows, /
Hall, the roeeeds aof which arestob be devoted to
aiding and assissing the Orleans Howitzers Az
the mansge All AID men Of ability and no little
reputation in A musical way. most pleasant
evening may be anticipated. s
ss El38s S5S In at hi il
Ind MILIARY BALI. The Beanregard Siege |
Artiery4 intend giving ball at the New Lusitanos
Halt corner ~ Elssian Field and Greatmen streets,
on the lsth ihst. for The beneftsof the company.
We ara snre II viii be d brilliant and delightful
aflairs and hope that the company will be able to
reaaizs d handsome sum from it,
''&g,ttss
ElRsr BArTIsr o,ice il given else
WHARF that there viii be- il Ibis church to-
morroW Al and "a o'clock, ana every Sunday
after until tnrther notice. Rev. 3. ii Hamn VIII
ofHcjate Tomorrow "
QIssoLuGtoN oF Cor NERsHG III. 4 The we'll
known firm Of Lazare 4 Leyasseur has been dis
solved ny the retiraeys Of MI. 8. u hubert, who
was partner IN commentator Messrs. Lazare &
Leyasaenr will continue business under the old
Style 81 the firm. SEQ notice. u NE %ss.F
IIaRaRsss Oh irABLR IA ssocIATlos. Theregu.
lar Quarterly ineetng ofthis association win bel
held next Monday evening, at i O'Clock, in the
lecture room Of Odd ellows' i Hall.
MILITARY NOTICES, Our readers are requested +
70 peruse attentiYely the numerous military 40
tiees " hichsWe publish il The proper place this
morning a are important and worth attention. Il
fSS - @ 'Sgsf
GoNcoRp b. A..ts AfTEa II. All M Notice is K
given essWhere that this Chap meets every Sat.
nrday evening" at the Masonics Hall, at h o'clock.