New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1861-12-31

Hill ORLEANS MIanty MIaEkat.
t,aEsrnsr orrfeE; No ID cssail IL

MesanS Esening Dec, rs sis6Lt
NOTHING 81 note turned MP or tsrned down 90
day ID ts. arsat. Our Bank Directors,
that il, sacse Of theshanks who meet rsgularly on
& Monsat ana acScording To times passed, assem-
btei, passea fIA nsaal eUprtesies, such as good
Rv. 5os jcass fitse nloriii,g and Perhaps may be
slaie bSW doeatie tlcklsr look to-day Of course,
II i tsae rstoodSin financial circles what ticker
means. Tlae most important feature observable
today Vas that the price of gold and silver hai
I adyancedf and holders we're firm att There
have been many snrfnises about the demand FER
Il sFcld HILL II is wanted for many purposes but
xI0att this, M Ms the payment Of The soldiers
E aFs sIis do not believe solitary regi-
esate troops has been paid ID specie
KltEin slle three montilss
sS#9 u s s6xf ssppndence between the Chairman
/ IL ffe NJ fs6mmi eof the Houseof Repre-
HID tie banks Is before us. The inter
Fatories psopounded to the several banks have
flI6nS promptly anawsred. The fourth resolution
III Hill c59nmittse II at variance with the position
etIaIrs. 1t asks On what terms the banks in the
New Orleans VIII loan to- the State Of Lou,
sum, specie Of other par funds sufficient
Hi par and discharge the tax assessed upon the
pepnl III Louisiaila hy The Confederate Govern
sinant Thu committee overlook tie question Of
and call for specie or other par funds.
Nh Hill nEas ID the minds Of our Legislators?
derate war tax is payable in the notes of
sths Confederate Treasury, which notes are now
the currency pf the Gonfederaey, Whether they
funds it is not necessary at this time to in
qaise Or dilate upon. We may PROFOUND the
simple question to the committee, what are par
funds, with dozen different systeHas Of banking
md AAance presenting themselves in as many
z "a here Is only one cnrre ncy in the South.
eIn 6nfed eracy that is the notes Of the Gonfed-
y efats Treasury. These notea are recognized a.
INV and Il Is presumed they will meet or
cover Hi inquiry of the committee. |" Par funds. p
ol silver are not par funds, because they
ia high price ever the recognized cur
repey or par funds, which 1t Is presumed are EN-.
4 EsGsd ~ tie inquiry 81 the committee Vs.
The movements il stocks today were light.
II Is 20 much jobbipg and fnessing going on
the share market that it Is dienlt to quote with
Z any degree cf precision the actual sales.
gfse place to the communication OF mer-
chant On the rand shin plaster issues. Our cor.
!. pondent undouhtsdly has before experienced
tlc egls Of an individual universal paper currency
based 81 nothing. Al regards Jill remarks about
issues Of banks, he ogerfooRs the position
ii Hill banks an placed III The absence Of
or legal sanction of the course Of
& pay ments. IN all probability, should
rfant IN annaatr il ,,,.;,aa Nh.
snnd on follow aud possibly down u ones,
twos and threes; bnt we beg leave to dissent from
dill hanks going down to issues below one dollar
too small business for banks which have ali
their cirea tlpn covered double by coin in vault.
I'll, Crescent Permit me through your valuable
the attention of our Legislature to the
y,ar;as s,ers Il; t;s
With some hnnorahe savcenfions they ava hama,
fss,l m rfias sor fte sals ,r,5sa ~
gainess beir 81 sneI rafpre "a nat to In,rrant
SStlae issue NJ 1sH1
An aware thai there III 1, law alreadv exstiny
ifaposing heavy ne u,, an rarty svha shail
Issue small bsfIs Ia cireulafe AZ enrrency INF IL nm
present difficulSy of procuring snffcient sIpnIy
usi bTstsk n itv notes snr ,han NJ, tfza1
ns yerItureJl fo en,ree tn law The smsil notea
sslie by ifldiyiIiais and firms are ranerajlv IN the
hands 6fs tta moor Il ho IN mar f,f ar
are held Nv our butchers and 5sha
have river, vss3sie 9reneived Far raonev ID VIM al
4 least the annaaranre II resnnnsib;I;tv Whan7naT
s3ay appToa ches. nany If In names nav ;ssnias
rl{fes Is ia AMONGST ts nsain, and r
III 81 found The stvIe Of their arms Viii haGe hse
ehanred and nc, one marty WILING ID redeem fhs
lssues. 4 ssr
s % sir Legislature now in session can and ouebt
W. afforfl reef ana thus save ti ir-,ooeIt and
loss and il NAV Be- fro, riots. d il DAYS that
haTe passeds .''a'
S ssssss a g psgps IS f
In COIN Our have nhstittfa