New Orleans daily crescent., 1866-10-26
ApDlrIoNA IL oorroN REGULATIONS.


Instead of cutting the Gordian knot Of djf-
fculties surrounding the cotton question by q
single stroke of the pen, which would permit |
.he free movement Of cotton to the different
ports, the treasury department insists upon
compEcating the question by additional regu-
lations which seem to throw new embalrass-
ments in the way Of the planter and the mer-
chant.
The object of the department is doubtless
to facilitate the movement Of the cotton, but
We fear ehe effect will be the reverse. These
additional regulations (which we publish this
morning) were issued on the 22d inst, 1t is
difficult to conceive more complicated sys-
TEN than that which they devise. They do
net rescind the regulations previously pro
mulgated, but establish others in addition
The preamble TO these new regulations pro-
Eesses desire to relieve the embarrassments
attending the shipment of their crops BY the
smaller class of planters. By enabling their
merchants to come to their relief But they
are illadapted to bring about such a result
/ Under previous regulations q planter, by
Il glYiHSa- the necessary Uo4ul - POI AAAOeSd "
shiis his cotton to his merchant at the point
Of sale, where the tax may be paid, like other
charges, BY the merchant who receives it
This regulation asswe remarked, is not abo-
3hshed, but an alternative is accorded the
4 planter Eay the new regulations. Under these
Regulations the merchant is now permitted to
Ispiye his bond for the cotton to be received by
him. If this were d general bond, covering
lialI cettons that nigh be consigned to him,
LIT would be d great relief to the whole com
Fmun5ty. But the regulations impose SO many
.onerous conditions, accompanied by such
delays as to obstruct rather than facilitate
shipments The regulations, which are By
no means clearly written, appear to require
special bond from the merchant for each eroT
which he expects is to be consigned TO him.
After this is given, it must be sent by the col
Hector of the port in which the merchan
resides to the assessor Of the district from
!. (which the cotton IS to be shipped where
upon the assessor is to issue permit for tht
removal of the cotton, which Is to be CAREFUL.
marked, and to which the taxes are to be at
, taehed, as before, previous to the shipment 0
, LIE coNtoi.
Y This regulation is calculated to occasion
! delay, and it will be readily seen that it open
the door to every class Of favoritism. III
! collectors can transmit the bonds as slowl
) as they please, and the assessors can della
i action upon them at their option, until tn
i necessities Of the planter may compel him
dispose of his cotton, and thus infiiot an in
! jury upon the merchant who advanced +
d him.
Il But this last system proposed to be estac
s lished in connection with the previous one,
/ obnoxious in other respects. The merchant
]. after having given his bond, viii find grea
i, difficulty in having it cancelled, even after h
n may have paid all the taxes on the cotto
received On the payment Of the tax the mel
chant receives q receipt from the collector
: This receipt must be transmitted to the as
SCISSOR who granted the permit, and who reside
= in q remote district. The assessor on receiy
. ing this evidence Of the payment Of the ia