New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1866-05-10
THURSDAY MORNING, MAY 10. 1866.

Err TIE WEEKLY oREs1REr p1bishea every satzrday.
description . per annuna, Invariably In advance.
THURSDAY MORNING. MAY 10. 1866.
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THAHKs.--we are indebted to the officers Of the
steamship Austin for a number of the latest Texas
papers. ~
JuDdE ARELL's DECISION ON THE Crvn RIeHrs
BTIIe--we publish to-day very important de-
cisiol made by Judge Abel of the First District
Court Of this city on the civil rights bill. The Judge
discusses the question coneisely, but fully, and
comes to the conclusion that the bill never became
law according to the requirements of the Const.
tuition. His reasons for this opinion are strongly
and urgently set forth. He furthermore believes
that the BIZ, supposing it to be law is, as tbs
President declared it to be, unconstitutional
Besides this he dsmisses the rule upon the grount
that ample justice can be done, and will be done
to the phEties under the laws Of the State and il
the State courts. The decision is a very impor
tant and interesting one, and we invite attention
t. it as published in to-day's paper.
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JUDIcIoBs MoDgRATToN.-A ALL candidates who
had been members Of any corps Of Confede-
rate troops, voluntarily and with one accord
withdrew their names, at the late Kentucky
forbearance which does them honor. The
Unionists Of Kentueky constituted majority from
the beginning Of the war, yet there are among
them men who have asense of jnstice, who are
desrous that all persecution Of secsssionsts should
cease, who agree With the President in views, aud
who win eheerfally sustain his policy. IT was in
Difference to their sentiments that the sacrifice was
made BY tse ex, Confederate candidates It will
1890
Of the power to reproach the Democrats with la
boring for men who were conspicuous actors ia
the Confederate cause, In other States, where
nine.tenths Of az survivors adhered to the
ConisdeTacy from first to last, like considerations
do no. exist
GREAT WATER PRIyILEGEs.--We learn that a
project foot to establish an extensive factory
system Oh the Jackson railroad, at the Tangipaho
river. Captain r s. Hardie, of this city, il max
ing some Surveys on The Tangipaho, discovered
that in the immediate vicinity Of the Jackson rail-
road, ia distance or two miles, there Is descent
Of upwards Of twenty feet in The, stream, sufi
Client fall to allow motive power to great factory
system and unsurpassed IN the South Atpresent
this grand water power is only used by a few saw
and grist mills. Captain Hardie and others have
purchased the lands and are now seeking to in
terest capitalists III the erection OF large cotton
factories on the river, with every prospect OF sue
cess. In fact 50 patent are the advantages pre-.
scented for The enterprise that an effort has been
maze to purchase the lands rom Capt. Hardie
and his associates at an advance Of hundred
thousand dollars upon the sum paid by them. If
is possible for manufacturing system to prove
success in the South, and Georgians and other
southerners haye proved that it is, no better spot
could be chosen for an experiment. The raw ma
terial Is ID the neighhorhood the water power is
extensive, fuel is abundant, great market is
close NJ hand, with railroad communication, and
the country play woods region, is remarkable
for is saiubFity and exemption from tile insect
annoganaes Of The low lands
$780,
FrsANeIAL AMP GoMMERoTA1 sUmM AIRY - Gold
Advanced yesterday about q cent, owing to ad.
yarsas 0a astsady upward movement i'd rates at
New Xqfk Offerings we're somewhat larger than
herstafoFs fhd sales showed 4 moderate increase
atl2aa agafast l2ss te1 29 on TUESDAY evening
Eafeia Exchange Thezimprovemens in Gold
and le confused upward tendency Of Sterling I
and faaes af New, York, have caused further
yahqe 81 fasea here since our last of fully l6al1
cert Separations we're only moderate however,
and tae market closed quiet at The quotations fur
nishad Tour nnancial article.
Domestic Exchange The only noticeable fea.
lure in Domestic Exchange yesterday was slight |
siilRning 81 rates, which, however, did not extend
to any auptable alteration, and we have still to
report very limited demand and supply, at R@3. |
a,,s sF oass 4 49,
1ss.s II 10y 3 u ''l' = 'en
Pas N.t.s .5 o.a,,,.,t;a, Tta
,ar .;s hsas M aa 81
g;,,ea o,asss
liabs tsorgsor I'M Iii AMER ss s,Iqsa w.
4i5Ias nsalseted s,ij,srs i, tho s.
siogg yill M eo,rg n ,,,, 1900, artieI.
sg,ses5 Nj aanert N III laasina ..ar,a
vestaraay aronnssa T. 1ooo baIes d;y;5ad
fan bFoisers ona AZ ,shoro too,T al hsiaS M