NP, NODC 4/16A/1861

From the New Orleans Daily Crescent
 
April 16, 1861
 
New Orleans Money Market
   The political agitation was the chief topic of comment today; nevertheless, the money market moved along smoothly and quietly. The calls on banks for discounts were about equal to the income. In some circles the most important movement was in regard to the election for directors of the New Orleans, Jackson & Great Northern Railroad. Mr. Abraham's proclamation was lost sight of. We did not meet with a citizen who appeared to care a straw about it. The great excitement for three or four hours among the solid men of our city was about the Jackson Railroad. We have much pleasure in stating that the ticket put forward by the old patrons of the road, though there were one or two elected whose devotion to the Southern interests have been doubted, and for the very best reasons. While commenting on the political status of the successful ticket, let it be understood we do not allude in the remotest idea to the six directors elected on the part of the State of Mississippi, and we will go a step or two further and say that there is only one director elected to whom our remarks apply.
   The ticket comprising the following names was elected to serve as directors of the New Orleans, Jackson & Great Northern Railroad Company for the present year:
H. J. Ranney A. M. Holbrook
C. Fellows John Fox
M. O. H. Norton Hy. Florance
P. N. Wood J. J. Warren
E. Salomon H. W. Schwartz
John G. Gaines Richard Esterbrook
Mississippi
W. Mc Willie Wirt Adams
C. C. Shackelford James McAdovey
James Drane L. E. Houston
   We are not aware that it is necessary to allude to the almost insurmountable difficulty which the Board of Directors have had to encounter. An immense floating debt was one of the features, which has been largely curtailed the past year. However, as it is not our provence to take the side of either ins or outs, we merely have to say that the Jackson Railroad Company will pay all its debts, and aid greatly in defying Mr. Abraham Lincoln and his freebooters.

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