New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1853-08-09


GEO. W LAY, A. A. A. G..
REDUCTION OF THE PUBLIC DEBT THE fol-
lowing important notice from the Treasury De-
partment, intended to make decided reduction
in the public debt, appears in the Union of the
I'd inst. The terms proposed are such that we
suppose the holders of the stocks will be in
duced to bring them forward, at least to the
amount indicated in the notice. The effect
upon the money market will probably be de-
cidedly felt.
"Notice is hereby given, to the holders of the
six per cent. stocks Of the United States, of the
loan authorized by the act of 2Sth January,
1877, and redeemable the 3lst of December
1867, and of the loan authorized by the act Of
3lst March, 1S4S, and redeemable Both June,
1868, that the department is prepared to pur-
chase, at any time between the date hereof and
the lst day of December next, to the extent of
the sum of five millions of dollars of the said
stocks, in the manner and on the terms herein
after mentioned, to wit
8 In case Of any contingent competition,
within the amount stated, preference will be
given in the order of time in which the said
stocks may be offered. The certificates, duly
assigned to the United States must be trans
mitted to this department; upon the receipt
whereof, price will be paid, compounded Of
the following particulars
!" |. The par value or amount specified in
each certificate
80, A premium on said amount of twenty
one per cent.
90. Interest on the par of the certificate from
the LIST Of July, 1858, to the date of receipt and
settlement at the Treasury, with the allowance
(for the money to reach the owner) of one days
interest in addition.
Payment for said stocks will be made in
drafts of the Treasury of the United States, on
\ or
or Philadelphia, as the parties may indicate"
The FISHERY QCESTIoN.-lt is stated that
the people of the lower provinces have earnestly
petitioned the Home Government to withdraw
their naval force, which has been sent to the
fishing grounds, to keep the Americans from
coming within three leagues of the shore If
they have not done it already, we have no doubt
such will be the fact
The truth is, says the Portland State of
Maine, the Provincial Government have made
grand mistake, and are now beginning to reap
the legitimate consequences Of their own loings
The principal value of fish arises from the pro-
cess of curing them. When vessels were allowed
to land and cure their fish on Shore it gave
employment to their people al home
Now the ankee fisherman lets himself ont to
a provincial master, who runs his vessel as soon
as loaded into one of our own ports, paws the
hsh-a merely nominal sum--and the Blue nose
waits IN vain for his accustomed labor Of curing
anu saltlng, etc, etc, which gave emuloyment
to SO many OF the people ON the Nova Scotia aud
New Brunswick shores This labor is now done
IN the United States, and the provincial ports
are deserted or comparatively SO, where a val
liable trade was formerly enjoyed
This is n practical view Of the question that
may, after all, put the diplomatists OF the pro-
yinees on the right track [Gloucestcr Mass >
News, July so
The VIM r. HtLLET.- Harrington, ia,
August s, 1858 The new ship William r. Hal
let Capt. smith, was yesterday spoken by one
OF the Pensacola pilots, about twenty miles
Southeast Of Pensacola bar She was fourteen
days out and putting back to Mobile in consc-
quence Of having sprung a leak
| The I. 5 sloop-of-war Albany, Com'r Gerry,
was slgnallzed off this harbor yesterday, and
came into port this morning at one O'clock
She has not yet got up to her anchorage of the
navy yard so that | am unable to rive Won any
news that she brings, rs the mail is about
closing, [Picayune
| WEATHER AND CRors The Concurdia Intcl6.
| gencer Of the 9th inst, says: srhe weather
has been very showery this week, with coca.
siOnal hot sunshine, and the cotton in thi,
neighborhoOd has been injured thereby to M
alarming extent. We have had rain every day
in some part of the parish since the a Of July
and our oldest planters say there never Ia,
been good crop known to be raised after wet
rainy July. There is nothing now to proven
the crop in this parish falling short Of las
years at least e-third, even should III,
weather hereafter prove favorable
The Natchez Courier Of the 9th inst learn
from much respected planter in Adams county
that, owing to the late rains, the cotton hollis uI
his plantation are falling off from the stalk l.,
the bushel
GEN fo0TE.--Governor Henry S Foote wa
received last Thursday, the 18th inst, at Biloxi
with all the hOnors. A committee escorted hin
to the Green Oaks Hotel. where he made
speech to a large crowd
ABOLISHED Imprisonment for debt has beer
abolished in Massachusetts by the Consttu
honol Convention now sitting 10 reform the or
ganic law of the State
Roger 4, Pryor, Esq, late of the Washing
ingt0n Union, and the author of the article
touching Russia, intends, il is said, PUBLISHING
democratic journal at Richmond.