, 1865-06-11

tCo1rc*pcndt nce Of New Drlc1Es Tlasss, 1st1
As might be eIptctrs!, The state Of sovicty
on the Rio Gsan''c Is as thoroughly dcnorat-
lied rs it could vet be. Gu :1n, le3pondcncy,
distinctly written ut'an the ceuatenance Of
almost every business man iu Mnta.
no1as and Bardad s.For sale" was
consplenously posted upon hundreds
Of buildings through 'ut the town:
Thousands Of doliars, cau nos, hu purcuasea ,ea
fur rs uany huadrtds. and no buyers at these
reduced prices. Indeed, the bottom has
fairly falltn out OF BaGdad and all citizens
who were not tird thCtc by unfinished busi-
ncss, and had sufficient 1neaus to get away,
were leasin: by svcry rcescl; some for Ia.
Mexican ports but mainly for New Orleans.
Auctions ofgot,ds wcrc taking placc In
.fatan,o1as and BscdBd, dai1y; and the prl-
ccs obtained were, In very many Instances,
two hundred JET cent less than first cost;
not more than tlEst cost was realized under
the lnost iayorutIc circumstances. Some
goods were being resh,rred to New York
and other markets, the owners nnd con-
siynecs 1ariag b come convinced that thesc
were more Gools on the Rio Grandc than
could DC suld for two years to cosne. Indeed,
q very large proportion ri the goods In that
market are not adspted to the Mexican
tsadc; and fnasmueh as the State Of Texts.
has at 1east, a years supply, the rc'sh:pfncut
rolicy Is wise unl tud cious.
The immense coltun trade Which has b,en
carried en- at Matamoras and Bagdad during
the 1nst four years, brought tase'he: Ut
these tTo points not less allan 30,U00 srecu-
latore. They came from the South, the
Nottlt, from Eu::1aud, France and Germany
The superficial observer Ia Of the opinion that
1hany large fortunes huvc been made iu the
Rio Grandc trnde during the past four years
au,, however, inclined to the belief that this
n,,in}rn ia fnnndea in e.rxer sr,tr fer yeflt
get away with more means than ttcy carried
| there; but ], venture the assertion that more
| fortunes hnrp been lost than made among
| tliuso who have Fought them in thls trade.
| That the Mexican Government. as we'll ns the
| zeal estate ownrzs In Matanor,s, have gath
true; but aside from this, aul inclined IL
| think no benefit to any one Las arisen there
| from. The buildings nov standing ID the
void famed naEdad have cost thousands o|
dollars, but IN less than sig months they cau
scarcely be given away. Hero lie tdc profits
i I took leave of,hc border with the greatest
pleasure: end will further add, that ID I'LL u,
I,rtatnuusatinns up and down the earth,
| ncyar witnessed such scenes as were enacted
at Alatano1as uud ba..uad dusins nv stay
there, mud sincerely h"pc and trust It ;Tll
ncvcr be my lot 10 look upon the like again
From morning IL night the hundreds q
dtink,1E;; huuscs were ttisungctl, and coastan
stream Of the deadly poison was ru.rn'n:
from tire bottles down mems thfoats ga
t'ips vas going OH In atljnIntn. rooms con
tInua1ly, md wiic1l tho mind became sataates
with this kind OF amusement, the nigh
closed with u visit 10 tA- srDres Of br,sthcls
many Of which wczc sunk beneath the loves
itp:fts uf lrgradat4un. but tia hart sick
cpE with the rccltat Of flt. -eE.,rs wllica wcr
da:iy p.ss!Dc before TIT, aud I Will bid Il.
| curtain 10 drop anl li1e them lfum view.