New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1872-09-01

| these lines, was delivered at Liverpool
| before the presentation of the bill OF
| exchange drawn upon it, which had been
! forwarded by mail via New York. With
! such ample and satisfactory provision for tie
! accommodation ofshippers and importers at
moderate rates of freight, the entire foreign
| business Of the Mississippi valley should
| be done through this port, thereby enabling
| ship owners and others engaged in the
| trade, by more liberal patronage to enlarge
! their tonnage and adopt other measures to
! increase their accommodations for the pub
| lie benefit. But while such ample facilities
| are furnished il our exterior commerce, it
! Is manifest that there is room for
| Improvement in our river trade, i'll
| cheapening transportation from the
| interior By bargeR or steamers spe-
| ciaIly adapted to carrying freight Il the
| lowest possible rates. With regard to
| sugar, nnlasses and rice the decrease must
When We pass to Western prOduce We find
| an encOuragin increase in tobacco, against
| decrease in competing markets, showing
| satisfactory progress toward the recovery
| OF our former trade in this important ar
| tiCIe. This favorable result is owing mainly
| to the peculiar advantages offered by our
| climate, which entitle this port to the mo
nopoly Of the Western trade, but must also
! be ascrlbed, il no inc0nsiderahle degree, to
! the enterprise, sagacity and lberaIity of
| the factors engaged in the trade. In order
to fully re-establish this branch of our
! commerce it is necessary that we should
unite tie apparently Inconsistent qualities
| Of being the best purchasing as well as the
| most advantageous selling market. to at
! tract purchasers from abroad, while we in
vite consignments from the West, and to
satisfy both foreign buyers and domestic
! shippers. But, although apparently in
! consistent, these features can be r.
conciled by the admitted and very
| important advantages OF our climate
| the improvement Of the tobacco in its
! passage through the gulf, economy III
| treights, and factors asking no more than
| fair prices compared with other markets,
| and on the other hand by the latter resO-
| Iutely adherlng to as TemuneratiYe rates as
| can.be obtained elsewhere and by economy
| III all local charges as well as by continuing
to deserve the golden opinions they have
won in the West by their prOmptitude,
| fidelity and judgment. The increase in the
receipts OF both sacked and bulk corn, es-
| pecially the latter shows an important ad-
| vance IN the trade. In this connection it
must be observed that at the time when we
had the most ample supply Of tonnage,
both steam and SAIL and rates had
| declined to unusually low figures,
many vessels arriving here with an
! express view to grain freights,. the ar
| l1fd4o VI lOIu HGIt DdIFIh SiiuGISuL 10
meet the local demand. Steamship after
| steamship consequently cleared without a
| bushel as freight, and sailing vessels, hope
less OF obtaining grain cargoes, loaded with
| cotton, or sought remuDeTatiVe freights in
other ports. When, later in the year the
| supplies increased they met with scarcity
Of vessels, and, of course, an advance in
rates, making difference of q &c e bushel
against the shipper. 1t is to be hoped that
these hindrances to the trade will be re-
moved, and that when frcights are low and
tonnage plentiful, the West will be ready
to avail itself Of the opportunity and push
forward its surplus. Notwithstanding how
ever, these obstacles the exports show d
gratifying increase over last year,
The movement in flour shows falling off
in receipts. diminutiOn in the amount
taken for city consumption and the supply
Of the plantation demand, and a falling off
IN the exports to Cuba and Mexico, while
those to Great Britain as well as to coast
wise ports show some increase. One Of the
principal features of the trade is the de-
crease IN the amount taken by Cuba and
our plantation demand. The former has
been caused partly by consumption having
been dimini he'd by the continuance OF the
insuIIectionarT war, but mainly BY The
protective duties in favor Of the Spanish
product which has given ii the control Of
the market. This matter is one Of coDsd-
cradle Importance to the Western and OLhtr
whose IrG5nnts gonII he 4i,"1ia 45,i' Nv ~,
re5mctidn IF liz C,nhan tarif1 ~ - :
¬ber sfriking featTra -i is the rad,ctfon
IN tIe amount taken tor consn1,ntinn
which rs Here can have tean no fii;t, 81
IN the TeQui5ltiOns-f for the city proper, must
ton demand. caused bv its Iavind been
more LARGELY snnn7ied' diTactir e. tha
West For the same reason there has
been a material falling OF in our receipts
,tsaT i,,, ai1S,,II " 1r. I IN 10
"Ht9"dL ChE"Pte7S' 7tOuld haHt- leen on d
more liberal scale. These remarks apply
also to other articles the trade in which
has hfan +O an incrnazad evteD+ diva,+od
4,,r.,, nc ~ 5;raot II ;IS-,, / ~ - 1-,:1
Western produce merchants to devise
means by a reduction in freights and other
measures to cheaper TRANSPORTATION from
the West, in order to be able to supply the !.
!