New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1847-02-01


II was currently stated in the street to day, and
believed hs, the Secretary OF the Treasury had decided
to advertise for proposals for the whole twenty three
million loan at six per ct Tor twenty years and that no
Treasury Notes would be issued AZ the old Skies
now 1921 GlO3 is probable that he would obtain bids
Tor large amount possibly for the whole, payable at
different periods.
Ii is unfair in the Philadelphia Ledger, usually a
candid paper the facts chronicle in rela
ton to the business and Of this City into ad
missions that the Of the present Admnistra
ton are less destructive than predicted The
try prosperous in spite of these measures by
Of the peculiar situation of all Europe in regard TO
breadsrufs short crop Of Wheat Corn, Potatoes,
&c abroad and a short crop OF Cotton at home, has
produced results which have neutrased the mischiev-
Gus effects Of the reduced Tariff the Sub Treasury and
the War The Tariff has no more to do with the price
of bresdstus and the consequent import Of specie,
than has with the hight OF the mercury in the Their.
mometer and the Ledger knows this perfectly well
The following the exports OF the leading arti-
Giles of produce 10 Great Britain and France during the
present week.
re Graz Braaia- Corn. s00l6 bush: Flour II 80
bbs Meal 442i bbls Pork. 80 ties; Pork, GOO bbls
Beef IS ties Beef 1876 bbls Bacon, GO pol lbs Wheat
2l473 bush TallOw % 069 lbs; Peas, 3052 bush Lard
Q
To Fraace-Wheat, &s,32i bush Hides 46O79 lbs
Oats 1886 bush Flour, 5602 bbls Rice Meal, 5000
bush; Bacon, ass lbs Rice 20 ties.
Relief Notes issued by the Merchants and Man
uiacturers Bank have been thrown out by the other
Banks at Pittsburgh and are on the same footing
and at discount as other Uncurrent Notes.
At Buffalo there has been an increased demand
for money in consequence Of the receipt Of orders to
purchase and the market is little more stringent al.
though but little good paper has found its way into the
hands of brokers' Considerable doubt is entertained
to the prevailing prices being sutsined by the next
steamers advces and much caution is evinced among
capitalists and operators
A memorial has been presented to the Legisla-
ture of Louisiana by Ed j. Forsts in behalf Of Barring
Brothers Co. and others holders Of bonds Issued by
the in favor OF Municipality No Of New Orleans
The memorial states;
That the interest of said bonds punctually paid
ia the city OF London until let November 1916 when by
default of payment of the coupons due that day pro
test duly made by said Barring Brothers Co. for
themselves and other holders, before Thomas Samuel
Girdle notary public, in London.
That on the 10th of December last the undersigned
presented said protest 10 the Controller of Munich.
paity No. Two Chc Treasurer being then absent) and
the State Treasurer, and demanded payment Of the
maiured warrants then received.
That the same day, said coupons not having been
paid Lucien Hermann. Esq notary public, served the
of the State and the State Treasurer and demanded
payment of the aforementioned coupons.
That the holders Of the bonds issued by the State Of
Louisiana in favor OF corporations purchased them in
full reliance on It's faith.
That the engagement of Sovereign State thus sol
EMMY given iss expos, facto laws TO the contrary
Notwithstanding direct claim upon the Treasury,
which will endure long the State exists from which
they enanated-a claim which cannot be construed into
AN Indirect and eventual obligation to be met only when
convenient without rsmplng the rights Of third par
ties who having faith in the honor OF Louisiana have
invested their moneyin such obligations
That such construction of promises to pay between
individuals would be tolerated by the tribunals Of the
country.
That the coupons OF interest attached 10 the bonds
which make the subject matter of bis memorial are
signed by the Treasurer of the State.
The undersigned in conclusion feels confident that
your honorable Assembly will duly appreciate the i'm
portsnce of these considerations the sacred nature
of the obligations which they involve; and will, there
fore no longer delay afford the holders of State Bonds
that measure of good faith and justice 10 which they
feel that they are fully entitled.
All OF which is respectfully submitted
lSignedl EDM. j. FORSTALL,
In behalf of BAKING BROTHERS Co
And other Bondholders.
Packages of dry goods shipped from Liverpool