The New Orleans daily Democrat., 1877-12-20
NEW ORLEANS DEMOCRAT THURSDAY DECEMBER 90 1877

These people are not seriously afflicted with
mouesty their best friends would not accuse
them of that, on the contrary. they believe that
II they do not blow their own horn no outsiders
will do 1t for them lin this they are about right,
and loud and long are the blasts they send forth
In praise of the transcendent business advan-
tages offered by the Future City,
In doing this they sometimes allow them
selves to speak sightingly and in derogatory
terms of brother merchants of rival cities; but
we cannot let these manifestations of an IL
liberal feeling pass by without comment, as
cribing them to an over Jealous desire and
disposition to further the commercial interests
Of their great city. We have been led to make
these remarks by the perusa of the following
article which appeared in the ST. Louis Reptb-
hcdn, Of the 18th inst:
The erection of an extensive cotton ware
house and powerful press at Texarkana Is n st.
Louis enterprise. and Is destined not only to
the profit of the company Interested but also to
the advantage of the st. Louis cotton trade At
the rst view It might seem n that the estnbIish
o result In eontravention OF our cotton trade;
but while cotton will there be prepared for
the way of this city, and thus contribute a
larger amount in this direction than would be
likely to come did the press not exist. But Its
contribution to st. Leuis will be more practi.-
cally favorable than that in that 1t s calculated
to draw large amount of cotton to the railroads
whose interest Is In this direction by the cheaper
rates already secured by the Compress Com
pany from the Texas and Pacific road. to COM
pete with the roads to the gulf which are In the
interest of the Morgan and Mallory steamship
lines from Galve ton to New Orleans and New
York and whose principals are making every
effort TO draw cotton to Houston and Galveston
for their benefit. The interest of the railroads
aouth of the Texas and Pacific is more directly
with these two points. and Morgan controlling
the Houston and Texas and having the Gal
weston roads in his interest, 1t can be discerned
that the roads, having greater interest In this
direction, would have a competition that
might be detrimental to their cotton business,
were 1t not met by counter competition-and
this counter competition the. Texarkana Com
press Company have secured, and with q result
already visible. The Texas and Pacific
has. reduced its rates on cotton TO Texarkana
competes with the Southern roads, and this
competition will be maintained. This. while in
the interest of the compress company at Tex
arkana, is also in the interest of st. Louis. as
not only. as stated above. will the cotton COM
pressed at Texarkana come this way. but the
amount uncompressed for this market and for
through to the East will be enlarged by the
same cause. Col. j. w. Paramore. president of
both tha st. Louis and Texarkana Compress
companies, has Just returned from the latter
town and states that the press WAS put into
operation n week ago and work = admirably, and
that its power is such that hs can load sixty
bales to a car II the railroad wants 1t DONE the
usual carload being about fifty bales. The day
he left Texarkana ninety-two car loads of cot
ton arrived at that point. all for St Louis.