New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1874-02-05

per cent was substantially free trade vic
tory, although not intended as such by
many who voted for it. lts effect has been
to reduce the revenue OF the government
about Sl5, 900, while IL has proba-
bly, not reduced the cost to consumers of
any imported gOOds-ce rtainly not of iron
and steel. as the high prices Of the Fast two
years abundantly attest
The money lost to the government by
this reduction on duties was gained by
somebody, and if nsumers did not get it
foreign manufacturer. must have added 1T
to their other profits.
The plain duty OF Congress - 70 repeal
the law. and thus place duties where they
were prior 10 It's passage. This action
would serve the double purpose of increas-
ing the revenues and protecting American
workingmen against the grave danger OF
continued reduction Of wages.
The effect OF the panic on the iron trade
has been disastrous. January was a very dull
month in every branch OF the iron bust
ness, aud February opens with no brighter
promises. A. the end of almost five months
of panic the general iron trade OF the coun-
try Is very little nearer 20 u condition of
health ami prosperity chan a: she se.ln-
ming.
;reshc:.
OsNk.u. y. Y, Eebrua.v s-7n. !ooi
al Fulton continues without abatement.
Flv. houses have been move. from their
foundations. and would has. :ioated INTO
The yiyer had II not been for the trees.
The force of the current IS very strong.
Tay !or Brothers work shops are inundat
ed. nearly three Zee: OF waite: being IN their
work y.om.
.Ae PAPER mill. have stopped
Probabilities.
WAR OsPAKTnxNt,;
Office Chief Signal officer
Washington, February =. 1874. 40 P NJ. }
so. ~. southern section northery winds some.
what higher temperature and pressure, and
generally clear weather. esceyt POSSIBLY on she
Western Gulf coast
River ana Marine News.
SorYHwEsr Pass, February L.. ?. M.-Barometer
5000. Wind northeast, fresh. ArriTed-Steam-
Bell bark Willie 5. Thompson, Chapman, master,
ten days from Savannah; brig Shephe rdess. foity
two days from Rio Jan-iro; bark Maitha A. Mcneil.
nine days from Tybee Sai!ed-Bark Constantia
and schooner Robert Ruff.
:, VICxssuRG: February $40 BOATS down today.
Up--Katie. a: =. VI. Weath., 600. and clear.
MEnrnIs. February - Weather clear and pleas
ant. River rising slowly. Arrived Aiaude. from
ed-Henry Ames aud Mos Ebert for New Orleans:
Belle Texas. :oS Pine Bulls. and Parker. tor Gin.
cnnati.
CINclysAr.. February s-River twenty four feet
and falling. Departed--john XlgoI. tor New Or.
Jeans. Weather cloudy and cool.
PITTsHu February f..River six feet fou. inches
and falling Weather cloudy and cold
EVANSVILLE February 4.-Weather cloudy. Me,.
cury .lo to 40. River fallen sOe foot. Up-->han.
non, at Q !. ".
CAIRO. February 4-Arrved -Char.es Boimann.
'iom Cincinnati at T. n. Susie Silver from New
Orleans. at 10 P. NJ: Mary Houston. from New OK
cans. at T. NJ. to-day; City of Nlcksburg, from
&. Louis. at P. 81. Depar.ed-James Howard and
Susie silveT for 81. Louis. at II P. N Bodmanil.
or New Orleans. at 10 A. 81; City OF Vicksburg.
n a Is Nj. he m fall
inches. Weather Clear. Mercury -
st. LcU:. February s-Arrived-M oliie Moore |
10 departures. River falling steadily. Weather
eag And pleasant.