The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1843-01-15

correspondence Of the Herald.l
NEW ORLEANS Ian. 2.

correspondence of the Herald.1
New ORLEANS, Jan. 2, ls43.
More Defdbafion-pMainya among the Banks- Their
Condifion-State LegiSatme-P Presidential Pros
pects- Whigg9y and Ciay--Cotton Market
Specie TAINTED The JVeafhr
DEAR BENNETT
The new year was ushered in by the announce
ment OF j. B. Perrault, late cashier of the Citizens
Bank, being very heavy defaulter. As usual, he
had warning of the intention of the managers of
that broken down institution, and has made his es-
cape. There was farce and show of taking out
writ, but presume before this il is endorsed non est
inve,,tt.s and sent back to court.
We shall now see whether wing Governor will
offer the same reward for him that he did for Ed
ward Yorke, although it is said that the defalcaton
is above 100000.
This man has risen here from almost nothing and
all at once became very arstocratic and overbear.
ing in his office. This am afraid is only the be-
public with for another year. All the Banks, Or.
leans, Atchafalaya, Exchange, &c. have opened
rich in villainy, and why the parties have not been
punished under the new Bank law, which is very
the bottom. Bank charters here seem to be legal.
Used licenses for every kind of robbery and plum
der.
There. is report this morning that the Canal
lieve that three out of eight will be able to pay long
If stockholders consulted their interest they would
force them into liquidation
The Legislature meets to-day, but quorum will
not be formed. Thev have much to do in the way
OF reform and providing the ways and means to
meet the interest on her debt United States Sc
mater Is to be elected, and it is certain Mr.. Conrad
will stand no chance, if other candidates be in the
field, having lost much ground by his opposition TO
Gen. Jackson's fine being refunded
MOutOn, the lOcOfOco Governor, will be here
shortly, to enter upon the duties of his Office and
is said that he will GUST every whig in office.
President Iyler's prospects are Frightening very
much. [Doubted1 He is daily gaining ground,
while the Van Buren, and Calhoun men are fighting
and disputing with each other every inch ground
The N: 0. Republican espouses the cause of Ty-
Ter, and is very ably conducted. The Tyler club is
active, and doing much to aid their candidate
heart and hand for Tyler and pure democratic mea.
sures [Oh oh oh j
Harry OF the West is still in the city, and is quite
the lion OF the day. but he get the vote of Lou
lslana, no way he fix it, for whiggery all over
here. mot so certain.]
The news brought by the Britannia has had a ia
forable effect on the cotton market, and 1000 bales
have been sold to-day at an advance Of 1 on the
prices OF last week.
Immense quantities of Western produce is crowd
ing our market, which will afford wide field for
spectators. Send us little more specie; we prefer
It to bank notes you may rest assured, for nothing
but specie will do to buy cotton and sugar with
Look out for more bank developments shortly. Only
think, am writing In my counting room without a
fire, and so warm as to obge me to open all the
windows and doors for little breeze. What de-
llclous climate this IS wish was acclimated, but
can't think OF this tor year or two yet.