The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1879-10-29


nishing. The cheaper drawing cars, fou
wheels, are made for $4,000. The ordlnar
mail car costs from $4,000 To $4,000: distril
uting cara more. Cars for the Now York III
ovated Road cost from $25no to $4,000. I'll
ordinary passenger cars built for tho Hudson
River road cost $500, including a heater ant
somn extra fixtures. Small ears for carrying
| ore cost $500.
| THE TESAs CuTroN CKoP-The Galveston
News Of the twenty fifth Instant says: "Th'
condition Of the State cotton crop has beer
materially improved BY the seasonabls
weather OF the past six weeks. party jus
IN from trip over u large portion Of til,
State. reports that cotton had vastly recov
| cred from the yiold prospects held out tw.
months ago. and would turn out much better
than then anticipated top crop or mors
Than ordinary value had matured IN man
and unexpected instances. This. with The
present improved price Of the staple, Ia en-
oonraging to the people OF the interior. who
are represented "a being generally III fine
spirits and satisfied with the situation"
A NOBLE CAPTAIN.-The Philadelphia
Times. In noticing the destruction by fire ol
the steamer Nuevo PajRro, the rescue OF q
portion OF her crew by the steamship Louise
II. and their arrival at New Orleans, pays the
following deserved tribute to the captain 81
the rescning vessel:
Nautical romance paints no horror that Ia
not matched IN the suilerings Of these ship
wrecked people. Hope itself was dead to
them when the lockout Of q steamer passing
IN the darkness caught their cries OF distress.
The captain OF the Louise Ill Voes IL hia
name and he is al nglishman-thouHht 1t
worth while To lose day to save q life. He
waited for daylight. took tho unfortunates
from the raft and cruisad around for twenty
four hours In the vain effort to find other vic
Tins Of the disaster. Seventeen lives are the
trophies OF this mans good action. BY the
eide Of his record how contemplate seems tho
character Of the Fall River captain who would
not reverse his engines to look FOR poor La
vlnia Roach, lest he should arrive u half-hour
later IN Now York. We tell the story over to
emphnal1e the manlincss Of this English cap
tain. The busy. money-malung world has
need or such examples. tt was no more than
hts duty. but duty IL not often more faithfully
performed.
ABSURD NAVIGATION LAws,-The absurd
ity Of certain features OF our navigation laws
is pointedly shown BY the following: A vessel
owner Of Port Huron. Mich. lately inquired
OF the State Department whether q British
bottom, condemned as unseaworthy and pur-
chased by al American citizen for $500, can
be Imported upon payment or duty on the
price. and Ii rebuilt at an expenseo Of
$4,000 can be employed as a barge. In reply
Inc department. says such a vessel can be I'M
ported on payment Of duty, but after being
repaired and rebuilt as q barge she could be
lsed as such only when not employed In trips
70 contiguous foreign territory, or when not
employed on navigabe waters of the United
states other than lakes and rivers. for such a
large rebuilt from foreign bottom. could
make trips to contiguous foreign territory OF
ail on marine waters OF the United States
'nly on being enrolled and licensed But such
vessels being originally OF Canadian build
ould never be enrolled and licensed except by
he special authority Of Congress. II rebuilt
q barge she could. however, be exclusively
mployed on the rivers and lakes of the United |
tates without enrolment or license.
Tile MOVEMENT In STOCKS--The extraor-
mary transactions In stocks at the North |
uring the past few weeks have attracted |
eneral attention Many people who have
OF INDUCED In speculation for years have
lade Investments, and comparatively worth
ass stocks have appreciated greatly IN price,
nd some which actually have no value what
yer are dally pought ana sold as II they
we're legitimate. This remarkable revival Of
took speculation Is Of course due to tho re-
lNai ~ BUSINESS aha lle great abundance OF
honey. Commenting on this subject, the
lew York Commercial Advertiser calls at
'a" y, ~ ',o .oiiu"ins in'eies'''s iao.s.
l. connected with 1t IS the fact that our
uhlic debt has continued 2 gradual decrease
| principal and large decrease Of interest
ending the preparations for ana consumma-
=" 80 - atsup,lpn aiiu ~ lao becomes lhe
eneral nrosperitv and ACTIVITY tho raven m W.
the government are 50 rapidly Increased
10 insure the payment OF noarly three
yas a,nnnaoa 81 ~ ~, 49, VII ueua' MnlGl
ave to be- extended at lower rate at inter
It.. The effect upon other stock values and