The People's vindicator. [volume] (Natchitoches, La.) 1874-1883, 1879-01-11
BUSINESS,

BUSINESS.
I, Has Dropped OF SUDDENLY Cotton,
Corn and Other Crops.
Since Christmas business is flat, to use
a favOrite expression. Our merchants
are doing little or nothing but the pros.
pect for Spring trade they tell US is
good.
"Pan Rock" s, to speak, has been
reached here. as we'll as elsew here, and
the credit system as system, has burst
We venture the mild remark that
that system has been the damnation Of
this country. Economy, q necessity to
the wealth Of a people. was an impossible.
lily where a door was wide open for ex.
penditnrr, and an expenditure where the
merchant was compelled. in self-lefence.
to insure against positive loss to charge
a heavy profit. It is safe to say th't our
farmers who had "st"res to trade in,'
and pridrd themselves thereon. have paid
an interest on what tn. Y bought in the
shape Of profits to cover losses to the
merchant Of fifty per cent per a~nsm, at
least
We would most mildly suggest that
those who read this and are farmers take
that "fifty per cent fact" to mind, and
think oft in their calm moods. And the
merchant who is supposed by the igno-
rant to he a reaper Of rich harvest is
the worst broke man Of the two. The
system was false from the start and
when that fallicy was exploded, which
the hard times have done, all were to.
and did suffer.
Our cotton crop for 1878 is 40 largo in
bales as 1877. The increase in acreage
fully making mp for the loss in quantity
Our corn crop 10 said to be abundant but
We think We could stand double the
quantity and not suffer.
River News.
Our river is going down here. Tho
total fall being about q foot. However.
this snow and heavy rain will put it mp
again and We may look for . big river
shortly.
Captain Aikens line is whooping things
mp generally and our shippers have smil
ing faces over u per bale for cotton and
half card rates up.
Our advertising columns contain tho
names and number of boats in the Pool
Line. They are oil new Arst-class and
superior boats in every way, while their
officers are friends to MI.
Capt. Kouns Of the late Cotton Valley
writes M letter in which We are asked
to suspend judgement in bis case until
Inspectors final decision. We have mis-
laid tho letter and did not know it was
intended for publication until mutual
friend 20 informed No. Capt Kouns 10
under serious charges, and We simply
commented on bic case 4/sr the Commit.
tee had pronounced agsiust him. NJ.
Luchini's statement stands nncontradict-
ed and that statement alone 10 suf6eieut
to condemn him. We can assure Capt.
| Kouns that, a. he IL personally unknown
to US, We are in no way swaved by per-
sonal motives. As . public journalist w
comment fully on what We know to be
right aud denounce what We believe to
be wrong.
That Queen Of packets the Bart Able
put in her appearance At Grand Ecore on
Tuesday last With good freight. She
got away with 60 bales Of eottas At q %
This is her first trip to Grand Eeorosiaee
she was quarantined out, or "embssgo'
ed,n ~ Captain Dick calls it. We under
stand that our friend Capt. sipDott open
ed MP quite lively on The quarantine
authorities. We beg tho Captain - q
slow on that. Our thanks afe dine th(
officers Of the Bart Able for files Of lats
city papers. .a