The Louisiana Democrat. [volume] (Alexandria, La.) 1845-1918, 1868-03-25
Il COSBY LETTER FROM ''OlD TIM. J"

Is COSBY LETTER FROM ''OLD TIM"
CITY MONEY, opELoUsAs RAIL ROAD
ST. PATR1cK's DAY, COMMERCIAL
MATTERS, &C., &c.
New ORLEANS, March 10Th, 1868.
Friend Democrat City Money is
terribly down hill, and is not passable
any longer for drinks and segars, con-
sequently, as a good citizen, TO resent
the insult to my city and her virtuous
Fathers!! I've joined a temperance SO
ciety, which likewise includes smoking
and other things-(N. B. | made 9
mental reservation that it didn't count
whenever anybody from Rapides offer.
ed to treat.) The small notes have
sold as low as fifty cents on the dollar
but as the assurance is now given thai
the tax lists will shortly be ready, they
have improved and are now only
twenty eight per cent discount ! Good
amt it7 After the people have sub
mitted to ruinous discount for months
and finally sell what little city money
they have left, when all the laborcrs
mechanics, clerks and retail dealers
have been swindled sufficiently, Their
the city notes will be retired, the fu.
ture revenues Of the city sold to pay
SPECTATORS dollar for dollar.
THE oPELoUsAs RAIL ROAD
is attracting much attention at present
and strong hopes are entertained that
it will be pushed forward, perhaps Of
far as Houston, Texas. It is said three
millions of dollars will complete the
road to that point and that if the road
is placed in the hands of Receivers as a
protection against old creditors, the
necessary money can be raised. The
best evidence that some movement is
on foot in relation to the road, is the
fact that their bonds, which have long
been neglected, are being inquired fol
Of late amongst our brokers. The i'm
portance of this road cannot be Over
estimated and the great surprise is that
capitalists have not long ago taken
hold of the matter and pushed il
through. One Of our monied men re.
marked to me this morning that ii
would have been done but for the un.
certainty in political matters. You see
we might build the road and have il
seized by some d. thieving carpet
Dagger, on the plea Of disloyalty in the
management" However, new enter.
prises are receiving some attention
even under these disadvantages, and
from them we can gather hope Of what
will be done when stability and har'
mony are once more restored-if evel
that time comes. But the idea is ex.
pressed, and in no idle manner, by
many thinking, educated men, that We
will soon see
THE LAST OF THE PRESIDENTS.
What is there now in high places but
contempt for law and order. Have not
the Radicals announced that they will
not allow the Supreme Court to declare
any law of theirs unconstitutional
Has rot Thad. Stevens their bright stal
"the great commoner their master,
repeatedly announced that they were
acting outside Of the constitution
Has not General Grant stationed a file,
doubled and re-doubled, of soldiers
around the war Office to prerent a ren,ou-
al ordered By his superiorss Will Gen
eral Grant play Cromwell or Louis Ma
poleonf Why mott Oh! the people
wouldn't stand it,! Have they not
borne one usurpation after another un-
til nearly every liberty, right, privilege
is gonei If General Grant is not EN-
peror, King OF Dictator, inside oftwelve
months, it win be because he has not
the tact and courage to.seize the oppor-
tunity. Il should not be surprised
said General Steedman a few days
since to see the whole country under
national law next November and the
ballot box controlled by files Of sol
diers.n
RADICAL HISTORY.
The Radicals have made mors histo-
~ since they have had charge Of the
Government than any other party since
the old revolutionary chaps who kicked
up a row about a tea box.
They have had a civil war, a martyr,
piled up the biggest national debt ever
heard Of, and now they are prepared to
wind up with impeachment and revolu-
ton.
They are lively party now, say what
you will and as long as the people will
stand the expense, they will give them
plenty Of excitement for their lmoney.
ST. PATR1CK's DAY.
Which came on Tuesday last, passed
offwithout any public demonstration
and but for the ceremonies Of the
church, the day would have been en-
tirely neglected. In the good old days
Of the Irish Delta = and Dr.. Meagham