Year: 1859

The gatherings yesterday on rue Carondelet and
environs were numerous. The respective corners
were unusually crowded-the weather was pecu-
lary favorable, and cotton formed the chief topic,
with now and then little talk of the Italian ques-
ton in Europe, an incidental remark about Spain
and Morocco, with an outside allusion about the
Nephew of my Uncle, Napoleon III. Though the
hostile position of Spain and Morocco is mere
nothing at first view, yet it may grow into some
thing of Importance. In fact, some remarks from
old outsiders would lead to the supposton that the
entente coriiale between France and England is
likely to be disturbed; and old folks seem to talk
that there is not nor has there been, any good feel
ing between the two nations for long time past
that cordiality and friendship will do to talk about
However, it is of no to be borrowing excite
ment or anticipating trouble. If Mr. Napoleon the
Third feels disposed to make another war he will
do so irrespective of what the world and Caronde
let street may say, or what the Manchester spin
ners may think, what the habituGs of the London
flags may talk Of 1t is surmised that some of the
old and discreet bankers of New York have been
cautionng their friends and correspondents in re-
gard to investments in Sterling and French Ex
change. Every arrival from Europe is looked for
with great interest. 1t is not out of place to re-
mark that there will be many dispatches forwarded
which ought to be discarded at once.


In our talk yesterday we alluded to a commune
cation, published in one of the most influential and
oldest papers in Mississippi, censuring and attempt
ing to heap unheardof odium on the cotton factors
of New Orleans. An extract from the same will be
found in our monetary column this morning. We
have seldom met with much virtuperaton and
uncalled-for denunciation in so few words. 1t does
not allow our factors to possess one honorable
quality. 1t charges them with cheating, with du
p1city, double commissions, and talk though
they were connving at the many hundred com
plants in regard to sandy and dusty cotton and
false packing But it is well enough to remark
that the article in question could not have been
written by planter, though he signs himself :" A
Moderate Planter" For real planter would cer
tainly be aware that cotton factors and cotton
commission merchants do not keep stocks of mer
chandse; consequently, they cannot fill orders
from their own stores, and cannot realize commits
sions right and left Any planter of intelligence
or one well posted up, is aware of this As we
talked i'll our last that factors protected their
constituents to the fullest extent it is unnecessary
to extend our talk on this point


1t is also charged by the correspondent of the
hississippan that good cotton of small planters is
made to sell the ordinary cotton of large planters
On this point we shall make inquiry and have some
further talk. We are aware that the " list SYSTEM
is still in vogue in some respects. We should be
glad to have some explanation this point and
whether there is any foundation for charges, as
made by Moderate Planter" The communica-
ton about which we are talking was written in
Holmes county Miss.


The further talk was of the continuance of the
mild and dry weather, favoring the picking of cot
ton beyond all calculation entertained three weeks
ago. In our last talk the types made mess in our
figures. The estimates of the crop Of 1859 should
read four millions and quarter of bales QD as
the minimum quantity, and our views correspond
with these figures but we do not at this moment
predict the quantity, with ten or fifteen days of the
present weather.


There was some talk of the critical condition of
the frontier the Lower Rio Grande. The COM
pany of U. S. troops from Baton Rouge is expected
to arrive this morning, under orders for Browns