From the n. o. Picayune
THE PLANTING INTEREST.
{"newspaper_name": "Washington telegraph.", "edition": "01", "page": "p1", "byline": ""}
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The ruinous depreciation in the value of
one "a, our great staples, Cotton, the sud
denness with which the decline has taken
place, and the dreary prospect Of reaction
that The future presents, have given birth
TO various suggestions designed 10 foster the
idea that . combination might be brought
about on this side OF the Atlantic, of an ex.
tent and potency equal to sustaining prices
at a point that would remuleratc the pro
ducer. The plans shadowed forth of effect
ing this-oblect are, many Of them, SO wild
and imPracticable, a. to betray their ori-
gin-a depressed and disappointed state Of
mind produced by disasters that have come
upon a large class Of citizens with a randi.
~ that allowed briet preparation for a crisis
20 overwhelming. This decline seems N
have been owing to natural causes, as every
speculation that has been entered into 10
arrest il has resulted in losses 10 the par.
ties concerned. Now that over production
has worked lis legitimate consequences Y
Is curious TO reflect upon the iniatuaiion
ihat urged the great body Of Southern plan
ters upon a catastrophe that moderate
degree Of sagacity and caution must have
ioreseen. But a. prices recedej, the plan
Ter stroye 10 make up the difference IN in
creased crops-ihe very policy that was
sure 70 aggravatc the evil.


Amongst the numerous remedies pro-
posed ior the existing stale Of things, a con-
vention Of Cotton Planters has been sue-
gested. The object of this body will be 10
devise means for reducing the quantity Of