New-York tribune., 1866-12-26


TIE INVESTIGATION OF THB CONGRESSIONAL ooEi4fT-
TBE.-GBE sHEaMAE's OPINION,
eT rnLEORiru TO THE TRIBUNE
wAsmSGToS. DEC e5 1895
The following dispatch has just been received at this
Bureau from IH TRIBUNE Bureau at Now-orleans
NEW ORLEAEs Dee. o. 1866
The Congressional Committee IL completed by tho
arrival Of MI Boyer They have examined some fifteen
Witnesses tho same who testified before the Military Com
mission and the testimony far is the Gen. Sher
man expressed himself very decidedly when visiting the
Committee, IN regard 70 the insecurity Of loyal men
brought before the State Courts alluding particularly 70
the recent decisions against Federal officers in this city
and also 70 the and imprisonment Of Freodmans
Bureau Agent IN Texas. He also asked the Committees
epecal attention 70 this matter 6s the military could offer
no protection.
The Kew- Orleans Commercial Bulletin OF the 18th says
there is every reason to believe now that tho evees IN the
various parishes Of the State viii all be completed IN time
to save the country from overflow.
TBR COTTON-TAX.
AS an instance Of the good effect Of the cOttOnsx in
suggesting the deyelopenent Of other industrial pursuits
we quote the following from The Orleans Times
The tax on cotton may however contrary to the exPacia
tOns OF who imposed H. like tvOedged sword
ting both ways while it temporarily opTgsscs the SVath the
oppression may compel her 10 her soil where the
cotton grove TO the business OF manufacturing the raw mate
rial and Of thus entering into competition with the North In
fits profitable branches OF industry Evils fastened
apparently on the body polite WI ultimately work out Their
rate II this inolerae continued sha recommend 20
or capitalists to embark largely In the business nHnufncr.
for which az the South have singular advantages and
which If prosecuted with energy will quite indie
pendent Of other sections this great branch Of our naonai
Industry Notwithstanding the loud and very reasonable out
cry that has boen raised against tins tax the PROJECT OF defeat
ing the injustice works by Immediately and earnestly turning
attention and into this new channel wei
worthy OF the most serious consideration"
THR COTTON CROP.
The Ner-O ORLEANS Times makes the following estimate
OF the crop:
"Our commercial friends in the North beginning to
Ryye the unpleasant conclusion that they have deceived
themselves y false the extent Of cOitonOp
and the result is becoming painfully apparent IN Their deu
facilities iOT transportation and the prOmpnFs OF necessity
under which the planters have been Obliged to rush Their pro-
ducts market think fair presume that hall oil the
-, tos h.a, rccsiv,d be
will exceed OOO0 bales for up to the present df the
have been but 4772 bales received at dcwateT IN an ho
reach uOOO bales and dealers the other side o the
Atlantic will greatly deceived they look for nrger hguTes
advance and every planter and facof ihat can pos
do 50 should refuse TO sell at present prices
CLASSIFICATION OF COTTON.
HencefOTth New Orleans quotations fOT cotton CONFORM
to those Of Liverpool they did before the war Inc
New Orleans Chamber of Commerce have adopted the io-
lowing TesOutiOnsi
Wbyq Custom and the usagcs OF trade have long since
essbshel Code Of Cotton Classification and corresponding
quotations herewith in the Liverpool Cotton Market that be-
largest and greatest cotton market n the world ana
Whcrca The Liverpool classification Is deemed the stand
ard classification and prevails In all the cotton markets o
America except IN New Orleans, ana
WLerca4 This difference Of Classification and consequent
quotations which prevails IN the NewOrleans market l. pro-
ducye Of misconceptions loss ana ulssalsneoh On
the pnrt of shippers aud buyen IN this market nhd .
Whereas such want Of conformity Is inconsistent viii
spirit OF ar dealing such as should ''nys characterize tho
merchants OF this city therefore, be 80,
Resored That hereafter the classification OF cotton IN ms
shall be- in conformity to the iyerol ciusshcnoh
aud quotations shall be made ana ishru IN ueeoluahoe
Rcsoircd That the sample Of grade selected by tho
committee aud deposited viii the secretary oi he tlapi o
Commerce De they hereby declared the criterion Of The
Liverpool classification