New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1866-05-22
Ete,
Associated Press Dispatches

HALIFAX, May 81 The royal mail STEAMSHIP
Cuba, from Liverpool the I2lh, via Queenstown
the 18th inst, passed this popt to-day en- route fol
Boston, bringing fully one weeks later political
and commercial news
LIVERPOOL, May 1l.-Cotton declined 3d.G1Id.
The sales of the week comprised 46, 900 bales.
LONDON May ll.-Ehere is financial panic
The bank rate is to log. U. s. 5-20s Ga to 65.
Consols SIS.
LIVERPOOL May ll.--The sales of cotton to-day
(trday) were 5000 ba les, the market closing dull
and weak Messrs. oVerend, Gurney & Co. have
failed.
LIVERPOOL, May =, via Quesnstown.-Th
amount Of cotton sold to-day Saturday summed
up 10000 bales, at an advance of I'd. Middling
uplands rules at l23d,
LONDON, May II, viA QueenttOwn.--C -Consols s62
D86t. U. s. 6-2Os 6lt966. The bank rate is TO-
There is a better feeling
The news continues warlike, but there are still
hopes of peace.
LIVERPOOL, May l3. "A prospect of peace, based
on tile belief OF concession by Austria, and the
probability of a European Congress, are reported
from Vienna.
Inc latest report says the troops intended for
Mexico have entered the Austrian army.
The steamer Empress Eugenia, from Mexico has
arrived at Havre, with troops and nine millions
francs, including three millions for the French
treasury.
Arrived from New Orleans-shfp Marion, at Liv.
erpool. From Apalaohicoa-James l.. Bogart at
Liverpool
WASHINGTON, May 2l.-The Senate, in conse.
quence of the physical inability of Mr.. Fessendeu
to enter upon theTeconstruction resolution today
as he had intended, postponed its consideration
till Wednesday.
The consideration OF the Colorado admission bill
and the veto, was also postponed.
The remainder of the session was devoted prin
cipally to business relating to the District of Co
lumhia
The House considered the preamble and resolu
tions of representation of McClung, of Missouri
declaring that the continual contumacy of tn
seeded States renders it necessary to exercis
congressional legislation, in order to give the cit
zens oil those states protection in their natural an
personal rights, as enumerated in the Constitution
and, in addition thereto, makes it necessary t
keep on loot large standing army to maintai
lhe authority OF lhe government; and further
that
whereas, the country is already overburdenedb b.
war debts, incurred to defend the nationait
against the infamots rebellion, and it sneither jus
nor polite to inttlc this vast additional expense Oh
the peaceful Industry of the nation therefore,
ResoIued, That il be referred to the Committee
on Reconstruction to inquire into the expedency
of leyying contributions on the seeded States to
defray the extraordinary expenses that would
otherwise be Imposed on the general government
and that said committee be instructed to report by
bill or otherwise. The House adopted the above
by 70 against So.
The following wls introduced by Mr.. Henderson,
of Missouri:
That in the sense Of this House, all just and
righteous governments are intended not TO confer
rights and privileges upon the subjects thereof
but to secure to each and every individual the full
free and unlimited. exercise and enjoyment Of al
those rights which God has bestowed on him
that the safety, happiness and prosperity of III
people require That just and adequate penalties b
annexed to the violations of law, and that thes
penalties be inflicted upon transgressois not fo
the purpose of retaliation or revenge, bat to i,
sure suhordinatiQn and obedience; that we wi
stand by and sustain the President in The exae
tion of the laws of the United States upon sui
clent number Of leading rebels in each State lafe
in rebellion against the national government
yindicate the nlajesty Of the law 80 snstain Il