The Opelousas journal. [volume] (Opelousas, La.) 1868-1878, 1874-09-11


SIGNS OF FINANCIAL TKOUBLE.-Well
authenticated rumOrs are afOat already
that some of Our financial institutions
are in trouble, with every prospect of a
falling financial barometer, IF we are
so unfortunate as to be attacked. by a
panic this season, it will prove more dis
astrous than the affair last year, from
the fact that W. have lost credit during
the past year. The recent development
of violent hatred on the part of some of
the white people toward the labOring
classes and their political friends, be-
trays q condition of weakness and inse-
curity throughout the State which will
be fatal to any application for assistance
from the commercial cities of the Union.
Besides St. Louis, Chicago, Louisville
and Cincinnati are already scrambling
for the European and Western trade
which we have long enjoyed, and they
will succeed in injuring New Orleans if
nothing more, 49, a..
Standing us we thus do on the brink
of a financial storm which will sweep
tens of millions from the State, some of
the short sighted people of this city ap-
parently intent upon suicide, are sign
ing their names to subscriptions to run
Northern Republicans out of town,
simply because a few miserable offices
worth in gross perhaps half a million of
dollars are in dispute among the profess
sional politicians, If there is to be any
violence used at all it should be directed
against those who are disturbing the
peace by meddling with other peoples
political business The habit of yield
ing to demands for every subscription
paper is actually destroying this city.
The money is used to maintain young
men in idleness, and its loss is very Sc
riously felt by those who profess TO- be
unable to pay taxes on their property.
The principal sufferers in a crash will
be the property holders, as the laboPing
men have nothing but their time to lose,
and they a easily pack up and leave.
But there is no way TO NOV a tenant
less store or dwelling, and a stock of
goods will soon double its cost in rent,
insurance and interest. All other bust
ness will languish, as usual in a panic,
and the effort to capture half o million
dollars worth of Offices viii cost us the
profits of aSear's business.-ENew Or
leans Republican.
Ahealthy state of feeling in relation
to the preservation OF law and order
seems to prevail In Memphis, The fol-
lowing is what some of the leading men
there have to say in relation to the lynch
ing o., negroes by a mob at Trenton,
Tenn: #i 54 .r.ss5 a.. .ts3..H f
Speeches were made by ex-Gov. Harris,
jeff. Davis, Col. Duncan McRae, Gen.
Forrest, and others denouncing the
cowardly assassination, calling for the
promptest and most energetic enforce
ment of the law against the perpetrators.
Forest stated he stood ready to start
tomorrow to assist the officers of the
law in bringing the assassins to punish
ment. Resolutions were adopted ex-
pressing the horror and indignation of
the community at the foul crime, and
demanding of the government prompt
and energetic measures for bringing the
murdeFers to the bar Of justice, and re-
lieving the State as far as possible from
the disgrace of such horrible crimes, and
asking the government to employ the
experts of Memphis to assist in
capturing the assassins, and to employ
the best legal counsel i'll the State to
assist the Attorney General in prosecn-
ting them.
The St. Louis Republican says of re-
cent disturbances in various portions of
the South i" We can tell the Southern
people that these conflicts, if not sup
pressed, will reradicalize the North, give
the Republican party a new lease of
power, defeat the Democracy in, every
State, insure the enactment. of
the ciVil-rights bill, and provoke from
Congress q harsher supplement- OF re-
construction than has yet been witness
ed.n This, it should be remembered, is
the u~tterance of a paper Gf strong Dem
ocratic and Conservative inclinings.-
mo. Times.
The telegraph reports the massacre of
a party of six surveyors by the indians,
near Fort Dodge. 1t is probably a mis-
take to say the mHrdererS were redskins
We're undoubtedly :" Texans.0-