The morning star and Catholic messenger. [volume] (New Orleans [La.]) 1868-1881, 1870-10-09

W. y, ~ ~ q = H ~
The winter business OF our city has many
hopeful prospects. The alarm about yell
low fever viii probably have subsided be-
fore many days, to such ON extent that the
Opening of business, which, was so pro-
pitious a few weeks since, will resume it's
healthy tone and show great animation.
Indeed, in spite of fever and quarantine,
portions of the levee, even now, present
visible evidence of active commerce. The
weather is extremely favorable for the cot
ton interests and full crop may be safely
counted on. 1t, is true that the price of
that staple has been greatly deprecated
by the war, and the crop will not, there
fore, be as valuable to the country as was
anticipated, but still it must be moved and
handled, thus creating the same amount
of business for many persons as though it's
price were doubled.
Indeed it may we'll be doubted if the
price of this product will not rise consider
ably even though the war should continue.
In the present day of neutral rights
thoroughly respected, war presents no i'm
pediment to the shipment of cotton but
that of diminished demand for it. A great
manufacturing country plunged in war
must stop many of her looms and factories,
her attention and energies are necessarily
directed elsewhere and facilities of COM
! MERGE are diminished. The demand,
though, remains nearly the same for manu-
featured goods as though there were no
war, provided it is confined to two nations,
and that demand will stimulate the growth
of factories elsewhere. In this way nearly
the same amount Of the raw material will
be needed eventually, though at first there
will be a stagnation in demand, while the
re- arrangement is taking place.
In the meantime, most of the other lead
ing interests of the country will be for a
time benefited by the war, and general
business may be sufficiently active to COM
pensate for losses in cotton. Northern
capital and business capacity are seeking
employment among us, new railroads are
being opened, old ones are managed with
some vitality and common sense, and the
through our ports. If we had to rely on
the old-fogy principles of our old-time
commercial policy the grain trade would
uever be wooed and won, but the same
spirit which has infused itself into the
jackson Railroad and the Chattanooga
route, may busy itself with western grain.
At any rate there is splendid field here
for capital, and we may be sure that it will
come and transform the appearance of
business hereabout to the great advantage
of our community. Political affairs ARE
the great obstacle to the employment of
capital in our midst. Capital is afraid of
heavy taxation, but the advantages of our
: locality are such as to overcome even snch
a serious objection as this and enable hon
est enterprise to eliminate the poison of
Garnet baggery from our State government.
From all indicatlons We ,nay f..i.iy ---eact
an active and prosperous season. We hope
that our Catholic population will enjoy
their fnll share of it, and that, in the midst
of plenty and success, they will not forget
the claims of distress and misfortune. Their
charity has always been proverbial and
now that the season of cold and hardship
is coming on, they may expect the usual
calls upon their sympathy and aid. We
hope that all will resolve in advance to do
even better than ever before in deeds of
: beneficence and piety, that always attract
the increased blessings of Providence.