Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1871-11-14
FRANCE AND TRADE.
OFFICK or THE DAILY APPEAL,
MONDAY, November Is, ISL }
nur &eeEIK Review.

OFFICE or THE DAILY APPEAL
MONDAY, November is, ISL }
Our weekly Review.
Grain dealers and cotton consumers of the
world are as profoundly interested as Mem
phis and New Orleans in pe-feeting The naVi-
gablity Of the Mississippi. The world must
inst be shown what is to be done and What
viii result from partial accomplishment OF
proposed tasks before capital viii buhG steam
ship lines, and before the faith even OF states
and cities of the west can be gained. Most de-
sirable Of all results is that proposed TO be Sc
cured in the deepening Of the mouth Of the
Mssisslppi that a Great Eastern may cast an
Choir al the New Orleans wharf Even now,
United States engineers are engaged in denn-
Ing plans OF deepenibg efectually the channel
OF the lower Mississippi. This is well, but we
have little faith in the execution OF this pur-
nose bv this authority. The commercial pow
er OF the East shapes congressional action and
It's policy has ever been TO do nothing by pre-
tend ng 10 do everything. For thirty years
the government hiss steadily employed Its
agents and made its trihing appropriations,
and the money sunk is washed into the gull
and the mud-bar has hardly taken its place
before congress is ready 10 sink another half
million. The depth Of water is thus kept al
sixteen OF seventeen feet, and the wealth and
products OF the northern valley Of the river
are still made worthless that Boston and New
York railways may consume in costs Of trans
portation the whole value Of the crops Of Kan
sas sud OF coterminous IS States. Congress will
do nothing. Its engineers now employed VIII
make windy or watery reports, but no meas
ures viii be adopted designed 10 deepen per
manen ly the water route from Ne" Orleans
10 the sea. Representatives in congress, even
- 1900 ha - NwnlNRd in
this behalf Their constituents are ss pro
foundIy interested in the execution of the pur-
poses OF this city and OF New orleans as we
ourselves; but the farce OF this year viii end
1 k those Of thirty years sgone. New York
and Boston are too p7tent at Washington
Action or NEw RLEAS
New Orleans is properly aroused at last, and
even now proposes to form 8 company with
Sl.M0.OD capital TO establish q line Of iron
barss and towboats. Each barge viii convey
fifteen hundred cotton bales or a corresponding
quantity OF grain and this will constitute the
Inauguration OF q thorough change in the
course Of western trade Railways from every
new State OF the new northwest, viii seek &C
cess 70 the Mississippi aud cities everywhere,
from ST. Louis to New Orleans, will become OBJ
iective poi Is for railway lines bearing TO the
great river the products OF an undeyelOped
empire.
A~FISANCIAL DREAM CENsUs TABLES.
Unjust be exceedingly annoying 70 Presi-
dent Grant, when contemplate & the census
returns, TO find that the population Of his
kingdom $4,000, snext after that Of Russia,
is the greatest OF any civilized empire, exceed
ng that ofFrance, or England, or Germany,
OF Austria. It's a pity that Grant cannot live
with cigar in his mouth, til the close Of this
century, when toe population Of the United
" "a exceed that of any civilized coun-
try on the globe, including Russia among
these. We shall then have, II no wars between
Brigham and Grant or other persons, inter
vene. one hUpdred millions Of people in the
United .tates, and Tate, Brinkley and Green
law, with the navy-yard for the Tennessee
abutment, viii nave bridged the Mississippi,
and control a double-track railway, its trains
propelled by electric forces, connecting the
Mississippi and the Pacific. A half a-miniOn
or more people VIII then dwell on these
and Memphis viii be second TO no city
the realms OF the future rulers of
/
For some months past there has been g
marked decline in the gross earnings OF lead
.ng railroads. This is said 70 have resulted
from q decline In prices Of all sorts OF commO-
But the net earnings are augmented
since the cost Of machinery and OF operating
roads has steadily declined Railroad stocks
were for a time effected by the facts stated, but
M tnagen have learned rapidly how
10 practice economy and they save faster by !
his than they lose in reductions OF tariffs.
NANUFACTUREs.
Two aged planters own a magnificent cotton
mill, perfect in all its appointments, costing
which hrs paid ten per cent under
heir management, from the day OF its COM
pletIOn. Ths they advertise for sale, and be-
-ond this we find nowhere in the South other
han evidence Of remarkable prosperity In all
enterprises. We have noted
he inception Of awOOd and willow manufsc-
DRY with a capital Of $1,000, In this city, and
for this Institution a brilliant future. /
The Tredegar iron works at Richmond, Vir-
yiuia, now employ 1900 men,have invested 81 I
10000 ald their contracts for iron cars extend :
through eighteen months. We ne d not be
inpatient The South prospeTs and the only I
possible danger consists in ealamitiesL like that q
which The Radical despOt al Washington in
lets upon hapless south Carolina. {
ONE IN THE TRADE COLUMN. /
It's q cuuCus TACT, though there are so many ;
'reJty heads in the world, that there is but )
ne haiT-pin mandatory. Il turns out fifty 5
per month, showing that all women are q
lot hght-headed. There are eight pin manu- ?
s-c.orles IN the United States, who's annual T
'roduct Is two million packs, each pack con- :
aiming $3.50 pins, a total Of 6,70.OOO.Co0 pins. i
WHAT'S The use q EeWing-macnines9 Why d
sn't everything pinned upF 3
GRAIN.
st. Louis, by the destruction Of Chicago, :,
night secure the greater share Of the grain =
rade. But ST. Louis insurance companies re- \
use 20 take RISKS, and holders can have no )
BANS on grain receipts. There is as yeti no out 3
Il al New Orleans, and therefore Milwaukee, s
oledo, and Cleveland are Fronting most by s.
be woes Of Chicago, and Boston is bidding ,
eayily for the grain trade. Would not New P
rleans be bles II she had q SueE canal TO the
"a? and how grain VIII dow into Memphis
hen such a canal is dug? The Erie canal ?
III soon be closed by ice, while that which y
lould give the west access 10 the Southern sea y
'Ould b. open forever. II