The daily crescent. [volume] ([New Orleans, La.]) 1848-1851, 1849-03-12
Correspondence of the Crescent.


TIE Cabnet-.Neao zerseu Bankiug-9sn Tavlor in the
Whste House The Diplomatic Smuggler - The
"e1Her-lhe California frade
New YORK. March l. 1919.
fGS Crescent-iam sorry to learn that Abbott Lawrence
10 De the new secretary of the Treasury and hardly
oeeVe the selection to be the free choice of Gen. Taylor 1t
mas oeen animated that Gen Taylor does not hs elf name
ne members OF his Cabinet hut leaves their nomination. to
MS fremer-rom this selection Judge the report to have
some ioundation In act Wel let abide the event.
Inc jersey people have recently taken occasion exhibit
70 the world their adherence OF the New York banking
tenn and rejected the only respectable plan that has been in
oduced before their Legislative boards. to the poor
man In bis relation with the banks OF that State The fol-
LOWING sample of Jersey speculation that tend to
increase the fondnes OF the people for the financial
now in vogue.
The Camden Insurance Company chartered in 1882
with 800 900 capital fourth of which be paid in
before the company should taking risks An
animation into the affairs of the company recently became
absolutely necessary. and committee appointed to
duct It, This committee handed in their report day before
yesterday The capital fund in the vaults of this company
consists OF the following pieces of certificate of de-
pote of 100000 in the Bank of New Rochelle Tin this
Stae which the Managers state given in exchange for
notes transferred without draft the New York
agent for s5OOo of E. ID. James for $50 OO past
and without security. There also cash $1,000 This last
item may perhaps, he considered the whole capital and
suppose that evaporated in few minutes after the exam
left Well upon this capital the Jersey nancers
Quoting the affairs of the institution have received sl35 COO
years past The Bank Of New Rochelle. ofwhich this
pany holds certificate for $40 000 did last report
return dollar due deposo. The whole of cash
s7s2 .nd tho sun, ,o,I u, 'as 1000
The Pb.deInh;s 1sJasr s.wa ,ha uhs Sam TsvIO
was IN tne Whte House the other day on visit to Mr. and
MIS- ne cast his eye up to the ceiling OF the apartment
IN which he Stood and remarked these are high ceilings
Will be dhcult to Keep the room warm am afraid the
supplemented Old man will find them abundanty warm be-
lore MS term oil confinement them 1t
lhat SO good man should be condemned to such punish
ment tor deeds like his.
The Buffalo Express says that the case of smuggling by
the Representative OF the United States, at Northern
European Court charged short time since by the Com
meciai Advertiser OF this CITY, occurred at Stockholm. 1t
seems incredible mat man OF the high reputation OF Henry
Ellsworth could have stopped to the commission of such
dissracefu act The case WILL doubtless, be explained to
his perfect exculpation.
Our weather continues warm and damp. The streets
In wfecned order and the health OF the city suffering
Inc cholera could not have better chance than would
now have, II 1t would step forward
from the accounts OF cold weather that in the
papers South am induced to fear that the ge
again ruined as they were some twenty
loss and great pity.
Inc California business goes quietly along entirely
without excitement The report OF Capt Phelps, given
In the Boston papers, is much less exhiatng than that of
most Others that we have received om the gold regions He
says the accounts which such ready credence has been
given by the Yankees almost all exaggeations, and
vi etteis WHICH great mas Deen
Placed are hc ous He OF course does not include Gov
MASON S letters In his list.
Respectfully, yours, INDICATOR.
I'LL, ,,y,. o..-,.
me ~ NJ -, os'ase tttJg5m OH Hger on
ship .Northerner-THe FGIc0n-Prize TAILS ~
New YoRK March 2 1919
Eds Gesceat-So the Senate in the funess of their
wisdom and their pockete-ome of them with thousand, OF
dollars that honestly belong in the treasury of the United
States and of them harboug the deliberate ntentiou
have another pluck at the public goose ON Monday next
in the way of constructive mileage-these men, | woud
refuse to give George Catin the ling consideration
of five thousand dollars year for ten years TO preserve his
Indian Galery-a national work-to the county What is
it to such that people high CRYING honor have
devoted lifetime increase the credit of their country
They-hee Senato.-wll waste twelve and half weeks
OF short session in daily instruments of two hours each
every Friday and about every other Thuday-which
two hours are taken nm in tvadd and sonabb and then
the last half of the last week of tie session they discover
that there is such thing rs public business 10 be done
Then every thing ia iumbed ,opeher and in irwin, tn nm
tange the various subjects that their bad legislation has
blended they make if worse The hill, that now mass will
thus resemble knotted ens of thread the tanpls of
have to be cut out rendering half of it worthless If the
APPROXIMATION bills all pass both houses this session shall
be ageeaby disappointed have no doubt that the Senate
will load them with amendments and probably with such
the House will never confirm and thus send them to the
,her branch at too late an hour on Saturday night to allow
lime for due consideration
Our Senate is an irresponsible body There is nothing
democratic in principle or its composition and loves to
exhibit its Independence of popular sentiment Its boaed
conservatism is generally confined to the preservation of
principles least favorable TO the republican
and its members always found ready step from
he legislative the executive ne when the jingle of dol
Twenty five members voted against the Can propositions
amongst whom am sorry believe Jefferson Davis
md NAYS on long mileage and book allowances.