The national Republican., 1862-05-12


riaa sl1UATlOR % saw oRLEAHs.
The New Orleans Crescent Of April 26th,
Ay: f ,
"StasvAtioa and fanlne really stare ooe-half
0f our population In Ne fAce. We ere block
sded above aud below-all round in feet. The
Jackson Railroad Company he's suspended its
regular trains; communication with Red River,
from which section eeversl boat loade, OF parts
Of loads, Of supplies were expected, having
been purchased BY the committee Of safety, is
debarred BY fear Of capture BY the invading
squadron. The food question looas dishearten.
duor."
The Confederate currency, also, hes sudden.
ly been discovsred TO be worthless, for the
Cresomtadds:
III We could return forthwith TO specie
currency, Il would rebound to the good Of oil.
True, millions Of dollars Of the coin that were
here are now no longer here. All expectation
that coin payments would be continued en- the
part Of our bank. provided they open doors
again) must be for the present abandoned.
there has been discarding Of the general cur.
rency OF the Confederacy. This added confu-
sion and uncertainty to the present position Of
afIairs.'
This same fact Of the rejection Of Coufede.
rate currency, which had already commenced,
and must soon become universal, Il alluded to
In the following srdcle from the New Orleans
Picoyuns Of April q:
"On application to Generals Juge and Maig
nan, the troops under their command, consist
Ing Of the European brigade, were placed BY
the authorities 10 charge OF the peace Of the
city last night They commenced their patrol
about sundown, and still maintain II, for the
preservation Of order, aud private and public
property.
The Provost Marshals suggest, In . procla-
nation issued yesterday, that the family gro
Gers. and bakers keep open their storrs and
shops for the sale Of bread and provisions, a.
to adopt, ss otherwise those dependent upon
such sources for supplies will be subjected 70
the severest suffering.
ave learn that dealers In provisions and
other necessary articles Of trade refuse, In
scme casee, 70 receive confederate money In
payment for their goods This Is very repre
hensible, and Is the cause Of no little distress
to poor people, who, on the faith of the repre-
sentations made to them by the authorities,
have taken that money. and have now no
other.
DuAAu8 euo COoiuotOu IuC00ut 70 tne eve0u
Of yesterday, license was taken by many per-
sons TO possess Themselves OF articles of private
property from the levee and tho stores and
warehouses In the vicinity. The Hayor has
issued proclamation warning all such TO re-
store those articles 10 his otice upon penalty
Of being proceeded against to the full extent Of
the law.
THE Mayor Of the city requests the service.
Of all order-ioving aud lsw-sbtding citizens to
assist the police In the protection of property
and the preservation Of peace and quiet "a the
city"
1t is not yet definitely known what amouu,
Of property was destroyed by the rebels at the
time Of their loss Of New Orleans. Capt. Bailey,
OF the Varuna, states II In round numbers a,
ten millions Of dollars, including the steam.
boats and shipping burnt The Richmond pa.
papers cay that thirty-two thousand bales Of
cotton were burned.
What became Of the specie in the New Or.
leans banks" The article quoted from the
Crescent seems 10 favor the correctness of the
fret reports, (through rebel chsnnel-,) that Il
was taken away by the rebels sf.er the fall Of
the forts below New Orleans. Those reports
were, that a part Of the steamers at NV Or.
leans were used to take up river ammunition
and specie.
The gold and silver In the vaults Of the New
Orleans banks was the last resource, and very
great one, within the reach Of the military
tyrants who have had the South Ia their clutches
during the past year and half. If they have
allowed 1t to slip through their fingers, it /,
very remarkable.
Whether New Orleans has lost the specie In
the bank vsults or not, it has lost enough BY
this rebellion TO remember the lesson for a
generation. The buildings in The city remain,
but nearly all its h,atiug wealth has dIsap.
psarrd. Is marine property is burned up, no
stocks OF goods are on hand, the warehouses
are gutted and even food js scarce. The money
capitalists fiud, also, that they have little lef,
but claims against an exploded Coufederacy
and bankrupt States. The debts due I, the
merchants from the planters and to the bank.
from the merchants, fall with the general ruin
New ORLEANS kicked, because It had wax.d fat
It is now undergoing the wholesome discipline
Of depletion.