True American. [volume] (New Orleans [La.]) 1835-18??, 1838-12-25

The LIST and 3rd .uunicipalitics. We copy the fol-
loving from the Bee of yesterday:
ut ia not then matter of simple justice, honor, and
good faith, that III banks should come to the re-
lief OF the first and third alties, the credit of
which is endangered. The City Bank hus already de-
cared its intention paw in specie the bonds Of the
recond municipality after the first and third reject
ell with distrust and ddain. The refusal Of he banks
to redeem these issues will inevitably inire their
credit and render them the object of the infamous
speculaons,'
From May 1886 tho Be. has industriously tried ton
jure the credit OF the suspended banks and has with
out scrupe repeated again and again. that they were
unable to resume their specie payments: yet now with
in few hours IF their entire resumption it makes po-
sve and rghtful claim upon them to do for the first
and municipalities that which those corporations
should and could have done for themselves. Why is it
the small notes of the 2nd municipality. now, have
always been, equal to cash! Simply because the cou-
Gil has prudentIy issued their bonds to the am
cunt in GIRO uaton, which being purchased by the city
Bank that institution will pay silver for these
after the first Monday in january And why is it that
the issue of the LIST and rd greatly depreciated2
Purely because their councils hive neglected use
the same precautions On whom Then should the blame
laced? Certainty not upon the banks, but upon the
gligent councils of those sections Of city. The
Bee proclams that their yearly incomes is amply adc-
quete to the liquidation of u just demands upon hem'
vet utters word in rebuke of their neglect but
calls upan the banks to pay their debts Tor them Thu,
is both ungenerous and unjust The public censure
should be visited those who have neglected their
duty, and the appeal Of the Bee canes with ill grace
indeed after all the abuse and vupsraon 1t has heap
cd upon every one ofour monied institutions,
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CAsAD..-Aswe supposed the highly floursh.d
of the taking of Maiden bv the Patriots proves
| amissrube humhug. 1t appears by letters firm De-
troit that the evening Of The 3D. inst. hun
bred men passed over the Canada shore from the
latter city, burning buildings aud tooS pusses
sion of the barrack unrl-,I by about 60 men But on
the folio" ing day the regulars and mili,in made short
work with them appears from the following extract
of a letter dated on the 9TH inst.
| Wednesday Noon
The tragedy or farce is nearly ended. Upon the ap
proach OF the regulars the patriots spersed-as
as could, taking boat for "iIog Island" America nm
ground; about 10 them now in gno await their
trial hero. The Erie MS before nned at hand
and secured them; poor fellow badly wounded
by grape hot, and his since ampu'at-d.
Towards evening The troops returned, leaving sui-
cicnt pursue those who had taken To the woods--
number Of prisones in The hands of tho royaj,ts
and we shall soon hear OF their trial.
Bpm.
| Ihave inst converscd with gentleman who bnr. DE-.
spatches from Gen Brady to the officer in command
the opposite shore Yesterday evening and in conse-
quence of the ice remained until This mornn. He in.
forms me- IL patriots killed in all, and or
| 10 no asis, besides number wounded. Surgeons
in attendance from this side. They hid number
of prisoners. Two Of them immediately shot bv
the "Rack Prince, "hs had 4 e cnmmani and all
would have shared the SAND fate had not hs superior
arrived in time TO check the carnage Alwns quiet and
nothing like excitement on This aide visible. | pre-
sumo many of those who have aken to the woods will
find their why back to the American shore; fore this
many doubtless have succeeded. We have had gen.
tie fall of last night, which will be to their disad-
vantage.
o'clock. P. NJ.
Nothing Of interrs. since moor. They have had .
tria the other side and number were to he and are
befnro this executed. No further attempts l presume
will be made from this side for the present.