New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1866-06-29

The property held by the government under
sales authorized by acts relating to direct taxes,
was purchased al prices amounting in the several
States US follows:
Virginia, 1872 268; South Carolina, SOS 392;
Florida, $66S; Tennessee, $3.50 In Arkansas
lands were struck off for taxes unpaid to bidders
who never completed their purchases TO the
amount of $lS,6OO.
The amounts received from sales in the several
States are as follows:
Virginia, $ll3l30; South Carolina, SIS ,433 !;
Florida $54 500; Tennessee, $l22 M. Arkansas is
not reported The whole RmoOnt standing to the
credit of the Arkansas commissioners from taxes
collected aud the proceeds of sales deposited to
the credit of the United States is $lG5 1852.
Tee secretary Of the treasury, in his letter en-
closing the above facts says:
I avail myself of this occasion to express an
opinion based upon my observation of the opera
ton of the law, that an additional enactment,
authorizing the assumption by the States respect
lively of the remainder of the direct tax due from
each would, in view of the present Impoverished
condition Of their people prevent much hardship
in individual cases, and save from practical con-
bsC8tion the property of many persons against
whom the government has no grounds of COM
plant while no public interest would be injurious
ly affected. Should this policy be adopted, the
COLLECTION OF taxes under the present system might
and ought TO be discontinued until the opportunity
for assumption be offered. Whether the amount
realized from resales of property bid in for the
government should or should not be allowed to the
States respectively, IN computing the taxes still
due, is question well deserving Of consideration,
which submit without comment.
Rates OF INTEREST IN THE PRINCIPAL Euro
PBAN CIrIEs-Ia the European cities money is
firm in price, and the following are the quotations
in the leading cities: London, 100; Paris ia
Amsterdam 6k-8} Vienna, Sc; Berlin, IS
Frankfort, TT; Turin, IS; Brrssels, 6-5;
Madrid. Go; Hamburg, 90; ST. Petersburg
5S-7.
New YoRK MAEEET.-The Commercial Advo
cate of Wednesday gays:
The gold speculation is steadily subsiding
leaving, of course, few 'lame ducks" on tile
street. The failure yesterday Of q Gold Room
operator is reported to cover contracts for
81 500 600 to 81 900 600. This morning the price
opened week, aud steadily declined, being 1929 al
halfpast P. II. The export Of specie at this pori
and Boston to-day is only shout quarter Of 4 mil
lion, plain evidence that the dram Of gold to Eu-
ropeis ended.
AGRA AND MAsrEEMAN's BAEE.-The mails re-
ceived per steamer Peruvian give full details il
regard So the suspension of Agra L Masterman'f
Bank, which has extensive branches il the Iadiau
trade. The London Star says:
No bank, however ttroug could Withstand for
any long period the force OF the calnmnies which
have been directed against Agra Masterman's
and il may he feared that the results Of this serious
disaster will he widely felt not only at home hui
throughout India, and especially among the var
GUS services connected with our Eastern domnious
[Copy OF circular 10 Shareholders
"Tun ACn4 & NasrrRHsR,s BANK TENTED ,
NehaHs5 LAle Lumnud street., IuneG $
" Sri am instructed by the directors 10 inform
you 'wfh drep regret That they are compelled to
suspend paymeuL