The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1843-11-14

after and that is oener Vera Cruz than in
odsrs at the barracks are purchased at the North and
ent Ga here when all kinds OF meat and bread sufs are
cheaper here than any " here IN the United States
nut fortunately New Oiesns does not need the aid Of
government to zip 1t on gres would, however
'ugget TO Northern gentlemen that II is much to The in
o. mel, SECTION Of the Union to concate and pre-
power which this city will possess its back
er ana allies the great States in the valley shall
sceptre Oh the Union. may ealorce the consider
alton OF the federal government OF whic it now claims
De DUE w.t. an equal share with the other cities OF
But New Orleans has its drawbacks What are thew
You will imse ne the yellow fsver-s low rsie is
moist atmosphere its tropical heats uncertain iounds
op the threatened inundaton the river and our mixed
population These great bugbears at the north are no,
thought OF BY our people Our great evils are bad egis-
ding and hnancierng ever exercised any peopl.
on the globe
To say nothing of our banks, by which'our peopl.
we're robbed OF millions, and the prosperous OF
he three divisions Of city, in which American
has wrought the most surprising Improvement has been
ever since its separate existence chosen field ope
caons of of the accomplished Hnahcers in tn.
world, the Nick Biddle Of the South, Samuel Jarvis
Peters.
Mr. Peters came to this city young clerk and in tina,
capacity enter ed the large grocery store OF Leverich
Co. He was always very apt fellow and great student
As an evidence oil his smaItntss certain occasion his
employ having occasion gonorh when he returned
found his young clerk in the full blast Of business
mis- own account Enterprize, smartness plausible and
'greeable manner, procured him many customers
and large business. The exp nson the credit sys
em and the establishment Of countless banks, Of
Tered to him fair field and iuil scope for his tale
He become linked in with nearly all the banks
rowed money from all and falling in with the tide Of i'm
provement which flowed in the direction OF the Fauburg
St. Mary nov Second Municipality. purchsseda large
property In that section. Soon he Lied an Aiderman's
chair in the City Council.
His hrt work here to surprise the sober old French
men by some Of the startling results Of scientific invcs
cation So, he commenced overhaung the books of the
Treasurer and in very short time exhibited the astoun
ling result OF deficit OF 800 600 in the accounts that
ofcer There was plain black and white; could not
he denied. Mr.. p Immediately became Turgot
Neckar Of Gnancier. The friends of the party he
posed attacked him personally he defended himself
nravely, and shot man through the stomach This made
him a Marshal Ney.
tine division OF the city, he took the eoa in the Sc
cond Municipality Council and has since ruled SUI
preme in It, He has generally selected the tickets and
in the traces, made any faces in swallowing his pills
Having opposition hn has reveed in the unbeunded
freedom OF financial invention Every thing in this mu
nicpality has been done entire ly new pan The
suit OF all his proec has been bring the mum
cPalty with its immense resources to the very brink oil
bankruptcy debt of millions about three
square miles Of ground Our taxation exceeds that Of
any town in the world. Napoleon, acting his system
making war support war; never levied heavi Ter con.
tribuon than that which "Peter's policy has imposed
upon his deluded supporters in the Second Municipality
OF New Orleans
The mind so essentially perverted and raisdi
rected by his financial faaces that he never pursues
any object in direct Every thing about him in
dcatesa most extraordinary mental and moral oblquy
For example, his late special imposed to raise the
means OF redeeming the shinplaser currency The
ncipal circulation had clen to 80 cents below par
that is rapidly poured into the shops
OF whom MIR. Peters friends and allie. When ali
the notes weresafe in the hands Of the brokers' Mr. Pc
suddenly passes ordnanceto redeem them imme
diately and the happy brokers ind their shnplssters
nearly at par. And how do you think he went TO work
to redeem them7 By direct taxes2 No. By an ordinary
oani No. But by forced loan, based tax OF one
per cent All persons who pay this tax in month
ter its passage reimbursed bona of the muncpe
n.y. equal in to the in with
month get similar bond pay able in two years per
cent and until certain time, when all reimburse
nents cease and the will be enforced in the courts
The manner in which this tax is paid is very interesting
II is all done by the broker You give him small
ieation he tax aud taxes the municipal bonds
ORLEANOlS.