New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1861-08-27
4 2, rYxuN. k.tster ana Proprietor.
s ooNrnnIaATH TREASURY NOTES

TUESDAY MORNING. AUGUST q, 1861.
i CONFEDERATE TREASURY NOTES: s.
Eyerywhere iii the Southern Gonfed eracy, M Pc
she Treasury notes issued by the
are received and paid out ut ofalp w
ness transactions, except in this ci.y. D
with surprise and regret that Whlis Wy
ei,rrent there IS disposition here among
same few persons to depreeiate them y = true'
IN nc terms OF their charters are pre-
rom receiving them as currency but TINS
,,.,,4 III 81 aert their valne and does not really
.syssst II Tre asnry notes are much better than
syraaasury bonds, because they are OF smaller de-
4 nation and more convenient for circulation.
Il d,r neopIe have freely invested in COME
y Hams as bal. But the notes are also eonyerfleis
ina bonds. AT any time they may be funded, thus
nayiiic EIGHT Ser cent per annum, and the interest
ssecured by a direct tax upon The people.
Infependent of the obligation resting upon every
rood citizen not il depreciate Government securi-
hes III such time is the present. it IS easy to SHOW
tbat shese notes are much better and safer than
ta.e I'M ii many Of the banks in the Confederaey
Wh,ch airenlate freely among the people. To
xs, ss,I;sh mr. own belief in their soundness, we
mat It win cheerfnlly receive them at
par for aiI snnis due this office.
yyheii the war Is over land We think we see the
hoyss III promise already in the sky--theTe Will pc
na country on earth richer in every element OF
d weait or better athletic discharge every ohligas
tinr. than the Southern federaey. II the direct
far should not eontinne. We will have other sources
IL revenue which, under the reEivfying influences
IL peace, will cause both Government and people
10 prosper as government and people never pros
pared before. There may be those who, toreseeing
fs state 81 things, are preparing for heavy specn
\ e buyipg 81 receiving Treasury notes at
dsnoul,t But il is hoped that the number is few.
Government credit and individual credit are
5nntuaIly dependent, and when the former suffers
HI later does too There is no better way to
nroiuce universal distrust and lack OF confidence
than thss attempf To put down the value Of the
! Government securities. We trust New Orleans
Wal not proYe ID bean exception to all other parts
ogs liz south III this respect. And we hope, fnr'
saer fl,at sur bauks may take some action u ths
matter whereby the credit Of the Treasury notes
may be upheld, TN. Y
NEws And BEAvTIEuL MUSIC The fair author I
has aert us copy IF the following piece Of music
for which she will please accept our thanks:
N Our Triumph at Manassas, !" fantastic mazurka,
dedicated ID the Confederate Guards OF New Or
leans. Composed by Mrs g. Nee.
is the entire proceeds BY the sale Of this piece
u IL be devoted ID aid Of the wounded Virginia,
IL should be at once the duty OF our mnsic-
readers ID urohase a copy and aid IN making the
SIM for the noble charity amount as large as pos
I sibis. The nansie il for sale at the office OF Mr.
William Al Bartlett, 81 Gravier street.
"a Fl
g.5 THr Dramatic PERSEVERANCE To-NIGHT.-Th
pveat amateur dramatic entertainment in aid of
our volunteers now at the seat Of war, our readers
must remember, comes of tonight ct the New
sDuera House. If they have not already engaged
I seata. they should lose 40 time In doing so, for
liz yah VIII Be great AS to the performances, ii
e i sure fhirig that they will be good. and the
audience viii undoubtedly be one Of the most, il
4 MI posisiyey Tie most brilliant ever assembled
;ns shoae walls That, alone, will be worth the
,,,orey paid for admission To see. Then the noble
ob;sct Which te representation is designed to ac-
compIish. Consequenty v. we say thatno true Lou
isia.ian should refuse purchasing ticket whether
\ liz wishes to 20 or not.
III II AasssY MAoARTHY AND THE ALGERINEs. - By
refsrence 10 our ADVERTISING columns, it will be
4 seen that the citizens Of the foHrishing town Of
Aiaiers, fully alive to the great merits Of Harry
saiaearthyss perspnifcatians, have given him
special Imitation to perform on the Steamboat
Y Banjo, over 81 their side Of the river. Nh. Ma
earthly, through his friend Mr. d, BdWelE answers
this in his characteristic STYLE He
viii not only perform over there, but will devote
fhe; proceeds 81 one nights entertainment to the
benefit sof the Algiers volunteers. The nights
selected are next Wednesday and Thursday; and
tha proceeds Of the first will be for the volunteers.
we consider This doing The handsome thing, and
are sure that Harry will find an appreciatiTe
audience over among the hospitable Algerines.
s THIRD WAaD GLuBy 8. A. P.-Notice is given, in
another column, that this club meets every Wednes-
day evening, al u o'clock, at Templars Hall No.
l2s GarondeIet street.
NEH OsLE ASs, \ AcEsos. and GREAT NORTHERN