New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1859-03-18

1t will be perceived that the assets are over tri
pie to what they at the end of the business the
first year. #
The resources of the company are of the best char
acter; equal to any in the naon of which $l7l 29s
is cash hand bank stocks ana city bonds $l2s OOO
and loans on pledge S290l25. This sum is converti
bic into cash at short notice. The commerce aud
trade Of New Orleans are particularly fortunate in
having appliances of this nature-that is such solid
guarantees for losses the statement of this COM
pany furnishes, which, however, are possessed by all
our local companies 1t is manifest that large re-
ducton in rates of premium can be duly considered
which will apply particularly to small insurances or
such made on family dwellings, and furniture
where premiums run in amount from twenty to fifty
dollars, and insurers do not receive any scrip unless
dividend sheuld exceed forty per cent It is the
small risks that pay the largest profits, but which
pay the smallest returns. Scrip certificates might
he issued for small sums as five dollars. 1t may
be thought small business but let it not be forgot
ton that from acorns tall and massive oaks grow.
1t was manifest years ago that to have claim
against the General Government was an introduction
to years of anxiety great loss of time, and followed
with no little pecuniary expense. To relieve Con
gressona committees of much importunng court
was organized by Congress called the Court Of
Claims, before which all claims were to be brought
duly argued and considered as in any other court.
Many citizens of Louisiana have claims against the
United States of the greatest and most bona fide
| character. We have one ourselves, which has been
pending for years ; though SMALL it awaits the dne
| course of litigation with larger claims There have
been causes of complaints of great delay in well and
old established claims standing for years and years
| on which late New York paper comments in the
| following strain. We believe the Mr. Solomon al
uded to in the remarks has relatives in our city oc-
cupying high commercial and social positions, one
| being member Of our Legislature:
| CLAIMS UpoN THE GovEREMENT.--While the
Washington lobby, from its INSCRIPTIONS and inge-
NOUS operations in bogus cases, has thrown cloud
| of suspicion on almost all private claims that are
brought against the Government there are vet some
which are perfectly clear, which should have been
settled many years ago, but which still remain un.
paid. The claim OF Mr. Haym N. Solomon, the legal
representative of Haym Solomon, banker, at Phila
delphia during the Revolution, for several hundred
thousand dollars Of cash loaned to the United States
at that day as the sinews of war; is of those Just
claims which should be paid without further chatter
ing delay. Its justice has been recognized by Tho
Treasury Department and by various Congressiona
| committees from time to time at the present SEES
sion MIR. Shields, from the Senate committee on til,
subject, has presented all the evidences needed t,
| justify the committees report recommending thu
payment of this claim. The applicant is an old man
| he has waited and waited for years upon Congress
| Why should he wait any longer?
| The claim Of Jacob Barker on account of moneys
loaned to the Government during the war of 1912
whose case is. now pending before the Court o
| Claims, is another cash claim. Upon technically
or two it appears the court has ruled adversely but
from the document Of the plaintiff, which we publish