True American. [volume] (New Orleans [La.]) 1835-18??, 1839-01-24
TIE TRUE AM ERIC.AN
EDITED nv JOs.x GIBSON. I
FAITHFUL AND BOLD. y
NE w OR l. T. a " 81 \
THURSDAY, JANUARY "a. 1889.

Look this. Under the general banking law in
New York, there have been fifty three associations form
ed, with subscribed capital Of $ts0OO,O0O aid az
grsga,s maximum capital OF $437 ,OooOoO The amount
Of circulating notes applied for by them to the comp.
,roler of the sate is ~ 500O0O Thus, is the circua-
ton medium Of that state prev. MED from falling below
It's level by the action Of the chartered banks, which
hitherto caused the tide to ebb and flow at will. Had
general bank law in this state, the resumption Of
specie payments would have been attended by bless
ing the community, instead Of curse az it is now
The channels Of circulation would have been supplied
from able to supply them. Now must suffer
because the Encouragement, Of the banks makes me-
cessary tor them to call their in and refuse dis
counts When will the reign Of subserviency to the
few end Not till free trade in banking be allowed by
the peoples representatives. Well ;-pehap< the pre-
distresses will prove blessing. They will cause
look to the Of them at least, and 10 adopt
for the future prevent We policy. .
We obliged to the Louisiana Advertiser for the
compliment. paid yesterday. The True American
forsake its principles The editor could not
be induced forego the professions he Las put forth
and the doctrines he has tssayed to teach from tho
conviction that he had labored under egegious
error The mountain will have to come to Aluhomet
before that tukes place. He forsake the motto
lie placed upon his wing banner, "faihul and bold"
Trial far murder.-The trial Of Mrs. Doyle and
her associates, Johnson and D'vs was concluded
on Tuesday evening last. The Jury after having
retired about Is minutes returned the follow in 4
verdict.
Mrs. Doyle guilty, with a recommendation to
| the clrmency OF the Governor.
John johnson, guilty.
Thos. NJ. Davis, no, guilty.
SIN tn the s.n,c's evidence was cleared. He and
Dlvis discharged. The others were reminded
Ia prison, to awai, sentence, unless the mercy oil
the Executive in,erferes.
The Sunday Murnlng News appears to be quite
conversant with American literature. On the 9Th
inst. in noticing kennedy's New Novel Rob of the
Bowl, it says" Ano,her Of Mr.. Simms' amusing
publications., very plensingly but not very power
! fully written; and as he has turned his attention
| to domestic incidents I'VE should like to see move
from his pen, on which he would bes,ow more
care, and bring into action the powers Of nat
urally gifted mind"
Our word for it, The writer of that paragraph hae
not read Rob of the Bowl. What! no, know tina
! the ssau,hor Of Swallow Bar md Horse Shoe Rn
binson', is not. Mr.. Gilmore Smns. but Hon. ]
P. Kennedy, The representative from Baltimore it
Congress! And what ''domes,ic inciden,s' are
more graphically and spritedly and naturally told
than the 'sdomesc incidents" in Swallow Barn
We do not know that Mr.. Kennedy has s. turn
ed his attention . from, - dom. site Incl
dents, Nor has smIns, save in one tw
instances, and we do no, rcmem Der than
single instance-,ha, Of Pelayu the Goth. Com.
Mr.. News, be little more particular in You
critiques.