New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1862-03-28
I(ln Orleans Dailp Grssfent
FRIoAY MORNING, MARCH %, 1862
TALK ON 'CHhNGE,

>.e~>scs>1.>~e
FRI1L-Y MORNING, MARCH %, 1862.
TALK ON CHANGE. .. g..
There wcs hardly rnffle on the flags Of Caron-
deet yesterday. 1t was quiet and calm as sum
mer's morn, to use the words Of a distinguished
Senator in the Congress of the old United States,
when he was speechfying against Andrew Jackson.
On the grand boulevard, Canal, there was good
turnout of crinone. The very fine weather was
all inducement for spread. 1t is supposed our
commercial and financial readers comprehend the
word spread.
Our visd vis contemporary of the Algers News
boy appeared on the flags at an early hour, with
his dispatches under his arm. He talked plain,
confoundedy plain, about some folks occupying
high places in Richmond yea, he was hard on the
late incumbent of the War Department. Our CO IL
f:ere, the Newsboy, thinks there has been sad
mistake somewhere. He does not know who is
President Of the Confederate States; whether it is
Jefferson Davis or our worthy friend and citizen
Judah p Benjamin. Our confrere talked away at
great rate, as though he did not believe Con-
tinenta dollar in the Secretary of the Navy or the
late Secretary of War;
1t il not much use to talk about spilled milk !;
the Confederate Congress at Richmond about our
late Secretary of War. If President Davis could
take walk on the flags of Carondelet and talk
with the habituds thereof, he might be otherwise
Influenced. AIais, zinporte, we fondly look for a
forward movement.
There were some remarks made about the cow
ardy and traitorous surrender of ports and forts
in Florida. Our citizens hardly know what to
oI-o IF fharo U.
pointed to the command in Florida, but if cred
ence be given to the Yankee Commodore, the
forts of Fernando and Cumberland were given up
without demand for surrender. II is really sick
ening to read these Federal reports. Who is to
blame? Some of our so-called Generals on the
Carolina and Georgia coasts may be well ad-
monished, perhaps dismissed at once. The peo.
pie do not understand these daily surrenders.
At the close of business, after receiving the
news of the Nashville, the inquiry was: "Has there
been any more reverses to the Southern arms
since lunch.time?b
There were some hopes of a fight and victory
on Lake Borgne. One OF the transport steamers
arrived, bringing intelligence of an exchange OF
shots with tue euemys steamer New London.
The greatest enemy at our very doors is the old
Mississippi river. The old Father can be controlled
by few carloads of dirt and some shoves, but
cares nothing for gunpowder and balls. The talk
is, look to the levees; and while looking at the
levee yesterday in the vicinity of that nondescript
in the Fourth District, we were reminded of the
shaft for the institution" which was ordered
from Richmond. Another injudicious move of
Mr.. Mallory of the War Department.
A paragraph is going the rounds, under the
heading Of One Phase of War;" Alluding tc
events during the war of 1872 to 1915, Mr.. John
Quincy Adams is alluded to in a sketch of his life
of James Monroe. Mr.. Parton, the so-calIed bio
grapher of Gen. Andrew jackson, is alluded to
giving something of lachryma sketch of the
state of the finances of the Government of thai
very eventful year, 1Sl4. Az regards what Mr.
Adams might have said it must all have been from
heresay Or traditional evidence. Mr.. Adams was
one of the Commissioners at Ghent, with Henry
Clay and others, and was absent from the United
States during the entire year of 1884, or from the
month of January Of that year to the spring Of
1916. His information of occurrences during tina
period must be very imperfect compared to what
can be given by one of the greatest and most pro.
mInent actors in the raising of money for the Gov
ernment in that year. As regards the pretended
historian and biographer, Mr.. Parton, he evidently
from what has fallen from Ihim, knows very little
of the events of that year. The Bank Of Coum
bia, at Georgetown, suspended payment the day
the British army entered Washington, which was
i'll August. lSl4, that is, it the writer's memory
serves him correctly. The Bank of Columbia, not
being in position to pay its debts, could not have
anything to loan the Government in aid of, the de.
fence of New Orleans. Therefore, very little cred
ence can be given to the remark that Mr.. Monroe
could have such crying, or perhaps trying inter.
view with Mr.. Whann, the Cashier of the Bank o
Columbia. MIR. Monroe at that time was .pecu
niarly in no situation to pledge private fortune
Mr. Dallas went into the Treasury Department a.
Secretary in October, 1914, and induced Congress
to pass an act authorizing the District banks tc
loan their paper (not redeemabe in specie) to the
Government. This act was passed OIL the 10Th o
November.
The paragraph which has attracted these re-
marks is one of those bearing on fiction and ina
gination, and we'll fitted for the novelists an(
namby-pamby publications of the present age.
Mr.. Monroe succeeded Mr.. Madison as President
of the United States, and served from 1916 tt
1924. Mr. Adams was Secretary of State. Mr.
Monroe left the Presidency, as regards persona
pecuniary matters, in any thing but an aftluent DO
sition. He died in New York ut the house of hi
sonin-law, Samuel L. Governeur, on the 4h July
1881, five years after the death of his illustrou:
compeers-n the old revolution Jefferson
rad Adams. 1t is due to history that occurrences
should be correctly enrolled. Mr.. Monroe died
financially speaking, in INDECENT circumstances.
The true history of the financial events of the
war of 1919 has not yet been published. A prolni
nent actor in that crisis, and who perhaps is the
only one Eow living of the great and influential
men of that period, WILL in all probability give te
the world the most correct and authentic record
of that age.
1t will be understood that We allude to either
Jacob Barker. 1t will be shown to the present
generation that if there any direct Or specia
sums of money raised for the defence of Ne " Or
leans, it was furnished through the agency Of him
self and friends by the loan of five millions e,f dol
lars in 1914, of the SIS ,OOO, 900 loan.
M- We are indebted to Lieut.. julius Elbe, Q
the Floating Battery, now at Island No. 10, for
copy of the Memphis Appeal CT the 26th.
BE- Mr.. McKeever, Of the Express Office, ha
our thanks for late papers. ,