The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1879-08-07
FALSE REPORTS.
those About the Removal Of Mer-
chants from the Citv.

| Those About the Removal Of Mer-
chants from the City.
Some mischievous person or persons, for
days past, have been circulating reports tc
| the effect that number OF large and promi-
nent business houses Of this city contem-
plated winding up their affairs. closing out
and re-establishlng themselves In other cities
The reason assigned III the reports we're that
the quarantine In and out Of the city had SC
ruined and wrecked trade that there were nc
prospects OF It's early recovery, and nothing
whatever of an encouraging nature In the
outlook for the future.
| AZ first these reports were general IN their
character, but In short time they grew, and
firms which 1t was alleged had the intention
were named. As long as the rumors were
confined to this city they did no great harm,
but the correspondents Of several of the
Northern and Western journals seized upon
the reports and telegraphed them as facts
The matter then became serious and Of NO
! little Importance, and for the purpose Of as
certaining on what foundation the statements
| or stories was based q reporter OF the DEMO
GRAFT was started on tour Of Inquiry among
/ the merchants and business men IN general VI
| this city
| careful investigation was made, inter
views were had with number Of prominent
| merchants, and particular pains were taken
| to SEQ the gentlemen who were credited with
the determination of leaving, and the re-
porter WAS unaDle to find, out Of the many
Thousand in this city, one single firm which
had decided upon Withdrawing their capital
and their business.
Messrs. Hernsheim IL Bro, who have al
ready been mentioned IN one or more Of the
city papers In connection with the matter, and
to whom there is, therefore, no heaitancy in
referring, was among those seen. 1t was said
III them that they had fully determined to
transfer their mandatory to New York, and
that the dlscherge Of their worklnen would
take place on Saturday night They denied
this, but said that their trade, as well as all
Others had suffered from the interior guaran-
tines, and that among other ways and means
Of advancing their business the removal Of
their factory had been considered, but nothing
whatever had been determined upon.
One gentleman did declare ht. intention OF
moving, but he is only going 9 couple OF
squares away from his present place OF bust
ness, and will take possession Of q store suffi-
GENTLY large to contain the increased amount
OF stock which his rapidly advancing trade
compels him to carry.
The merchants were all hopeful OF the fu-
ture. They I'LL admit that the interior q1ar-
antines have damaged trade, but they. say
that just previous to their being established
business was unusually brisk, and the pros
poets Tor 1t continuing so were excellent Inc
quarantine while doing some damage now,
will leave no serious effects, and Ii there is no
epidemic here this year, OF which there Is not
at present the least indication. next summer
the people OF the country will have recovered
from their terror and will not be In such
haste to put on an embargo, and trade will
travel In its old channel as smoothly, but
much more briskly than it did before the cpl
demic OF 1873
One gentleman whom the reporter saw sug-
gested that II the merchants would urge on
their country correspondents and customers
the uselessness and feoishness OF the quar-
that it might, and probably would, result 10
awakening them toIa sense Of their folly, and
good results, In the way OF opening their
towns for the receipt OF merchandise, might
follow.