New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1862-04-12
r. IIIIl1SjIIIa ~ 1Ery ssssaskJN 1 81
n, yifass Alnafp Wlakst,


dhsse wsa 10 suoh thing a 4 paper Nj money
Tnarket to-day. There il \ great REDUNDANCY -
III repfesentatiye of money and ctlorts are naA
5ns II sons some msthod 10 eguslixe the currency
IA r1,e Provost hIarahas took ac-
st;,yY a, vsstxi IS tts hanks what they should do
TINT III i'll line mo ink got cleverly dried, they
fts goYtlsr auggesting the stamping Of
SHk IL nv upasr $40. The result IS that we are
y .SrHifs W sea Without compass rndder or ground
Sps no prospect III arriving, as it were, IN
X po9t 81 Mi Win grant safe anchorage TO our
sKsnks. There are prelinin aries now il course @
hich may lead 10 some syrang enta,
aich may aualizs All least large share ~ ne
snresarlt isssies III money It you'd
ID I'm at this time that any
q b6sIi aTise betwae the State executive and fhe
Vs4Ai banks. Wa trust there Win be no conflict
s1tbnr;ty no State anth ofities and re
Uf ths highest authority delegated to-
q But II il the general ak
sS W. ilo negatives on the question
$SS sHt ate apeI currency thou-
3111 xes III more indy duals, should be sup
q u isstses are increasing day after
N IA people should 81 peal 10 the martial law
Hi Hi relief. Our State statutes are IN
Il Il live. The Military Command of Tits De
Il ID ii may think III stran not warranted
Ill INV for the public and peo-s
III soact his interference TO check the evils Of
81 II u currency makers, which sre increasing
= = to day The question proponnds itself
~ neither or not some twelve or twenty indi-
" IN uf standing and siBillty cannot form
" = ~ under he naIie of y Change Assoc
4 ~ hs pose of ning small notes for
phsa u III meet the constant inquiry for. notes.
NJ A6liof III thnt III association Of this form can
TIA in exchange FIJI Confederate
4 III "a bank that il, 4 party wanting
change presents d flye, 4 ten ~ txenty dol
" DOte III currency, md receives smal change.
81 ~ Sr III basis Of the change notes, TO
4 = WI sni sh6ld sacred for the redemption
\ = u note That the Commanding
y w HID Depaf ~ make II Z penalty for
\ II fIrn sor copa to issue Any
q y ~ IN vi such time desig
& q ~ qnising III tssners VI s.nsll notes nov
q u thefn "a y stated Tine.
Ill III iuapoasible to maintain the credit D
ats Treaaur issnes IN The way thing
q III moM going on under the present discordan
Tie state author should acqniesce j
of the MI arthorities in this cul
w q1e ION and W. cerely hope the arrange
" - III cogrxs " tiation viii obyiate AM
gef rSss snles Is " appealed to. We may .
E nv that marital saN now Understood, 81
n pSf seaes ail Esats and Confsdarates Judges an
u u sincerely hoped thsrssw be no oe
e ion Ia test AL NH illacy
n hase yery little to Nv about TIE money mar
"A ket Money, 81 rather IN represents tive, can bs
III 81 nom z1s and i iiact. pcr ai,lill1. AS FL
# nj there ~ none offering
L FactoFs paper il 4 thing that MAS. Az for til
/ iozxcsisl gent iemens HON We have from time 4,
iinle honored Ne hare not heard Of them for somt
time pA1ls OF c0urse, there ne no. 2@3 get
\ pex rS0aIsh sxansact ions to notice.
There IN 10 movements id uncurrent banl
II notes. Cold md silver coins ere not thought d
4 only N outside ways. s5s .s
Foreign exchange II inquired for now and then
ssay little starting csn be sold a from l65@17o
~ depressing 10 our currency when the IA
II yaine or ~ of exchange IS only l09a The PAR 3
frames and gold a 5.2s, vet drawers All sOo@2.75
9 There i squaiizatio ID these fgures sss