New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1858-03-03

The deposits million and half greater than
reported and the specie Is also In excess Of any PERIOD
with more expected. and demand for export
The New Courier and Enquirer Of the SD Inst audes
to the baukiag system Of Louisiana as follows
The for the week ending Saturday shows
psaS TS s largest Of specie held 81 he
New le' city ban and y sqe a nds q ne en Osn
therefore cent less than the Louisiana banks
Ss bank capital Of Rs ety. whereas speeds Ssd ~ Tie
s s . fSe ssnsn law Of rcassas n rs sSsce seste
tons has been fSaad :; work samlrs and night win sd
LovlsyuAE Fsb 1sFlour and grain under constant
favorable from Europe have been depressed and dull
snsed Sc per gallon Star candles have ao advanced per
The Pees e tobacco have been even FULLER than last
In the money the only change notice : an i'm
PIG no% h per Gent discount Eastern
continues At prcniam aud plenty and New ors"ns Is s.
The London has frequently remarked many OF the
brought about by The late crisis and at times ess
some merchants and bankers located in England with two
edged sword hear Of bankupt who have for stood
high merchants bankers and brokers' Of whose estates
will not pay 10 to % eeuis on the dollar.
The hardest thrust haze met with is the following from
The Times money article Of the Sd February
tIn the sufse Of insoyencics have
thing more usual features entie it
snge For the commercial historian the evidence
already collected sufficient enable him to hand down on
and decisive the character Of British trade In the
epoch from 1858 TO 1851 Y true that each day throws up new
deny publicity equal that given 70
earlier esher the public know all about
e. and have arrived al point At which they can take any
Of matter for granted II Joint stock bank is in
they do be told that the FIRST showed
surplus mpudently by all concerned that
turned whole capital had squAndered and that
finally the shareholders informed they would have 10
make up deficiency. Neither added
that directors throughout all these stages hins
before them BY the aid Of lawyers and accountants employed
Increase Of the victims BY pointing that bad
their fate might conld be made by the
law Of the land and that this would nsbly he adopted
unless unanimy the only cry IL tho instance Is that
of private individual stale particulars required
effect that the nsolveni boy with for horseaon,
cck by banking manager elder and
pracslsed ehaatan who had failed three previous
ions starting the last time with capital Of el0e0
The Side consisting Of accommodation bills granted by
established houses They know that Of he became tbs
h buyer in his district the old respectable
around him we're gradually obliged suceumb in the eope
ton that he had always had provincial bankers oneyed
connexions in the metropolis speak his character that
when bis Of delinquency up complain
Of mlsrepresenaton being when he down
and that huailyte law here again coming good
vice-he dared his creditors to Ake any steps against him
pain Of losing bankruptcy court The two
shlnes and threepence the pOana he considered b,
could if driven 70 resistance. From Of ,hs
Kingdom the other the experience has bsen the sans,
people do hear Of IL Tho dividend offered
in one case may be $751; smother Ca. he liabilities may
f2oo or fe0a bat those small matters Of detail whiel
give varsity the main chronicles II Is doubtless fe,
be gesous thing The state Of the law should insure ina
mnny offenders and persecution for their dupes eu
what 1 the hope Of remedy In that respect storm
public Indignation might the cora lawyers TO seve bu
what would result IntoeTabe disqaisons and mail
the u Of or restrictions more i'm
practicable complicated than that have before an
consequently serving improved instruments IN the hands
the adveuurers who would carefully sudy them So there
choice but 10 sab aad let the theme die out like any eihe
that has served Abe paIpose Of creating few months excite
For year two all events, the system will hav
been broken and that n the INSCRIPTIONS hurry Of moder
life Is enOagh look forward to. To-day the shareholders
tbs Western Bank Of Scotland again lick the hands