New-York tribune., 1867-06-11
THE SOUTHERN STATES.
LOUISIANA.
LOUISIANA.
ANOTHER LETTER FROM uEUT.-GEN. IONGsfRfEr
HE UNlTEs WITH THE REPUBLICAN PARTY
IN TIE GREAT WORK or RECONSTRUCTION
MsylG. ,s5.


mirabe letter Of the 9Th utmo remark that our ef
forts at reconstruction will be vain and useless uncss We
which will command success" The spirit which inspired
the above together Tth the ia sS, o nat tIo e
leader wherever lie may ht to call tbem has embod-
Sed me 10 20 faoa 70 you an TO yh p
the Hon. Henry Wilson, distinguished leader IN the Re
publican party Will address the ctizcns of NewO cleans
As soldiers, We opposed 10 each other during The
late but as citizens may not wisely unite IN eff
forts to restore Louisiana 10 her former position the
probability viii retain power for many years 10 come II
You accept shall be glad Ia hear your tho
diti0n Of public affairs Respectfully yours, etc.
JoiIN NJ. G. PARKER.
NEw-ORLEAYs, La, June 3, 1867.
j. NJ. c. PARKER, esq: Ny dear Sir-Your esteemed
favor Of the 18th nit. duly received | much
pleased to have the opportunity hear Wilson,
and agreeaby surprised TO meet such fairness and
frankness in politician whom have been taught to be-
eve uncompromisngly opposed 90 the white people OF
the South have maturely considered your suggestion
"wsey unite in efforts 10 restore Louisiana 10 her for
mer position the Union, through the party now in
power" My letter of the eth Of April to which you REFER
clearly indicates desire for practical rccoustruc
ton and reconciliation Practical surely
distinguish between practical TccOnsmcti0n ard re-
construction as an abstract question. Will eDdeaV0r,
however with renewed energy, to meet iyOur wishes IN
the matter. The serious difficulty that apprehen&i7 the
Of that wsdomswhch is necessary for the great
work shall be happy to work in any harness that pro
nation 1t matters whether bear the mantle of Mr.
Davis the mantle Of Mr. Sumner that may help TO
bring the glory of peace and goodwill toward men"
shall set ont by assuming proposition mat h"d 10 DC
sefeyident viz The highest Of human laws Is the law that
sestabshed by appeal to arms The great principles That
divided political parties prior 10 the war were Thoroughly
discussed by wisest statemcu. when argument was
exhausted was had to compromise. When com
promise was unavaline discussion was renewed and
expedents were sought but could be found 10 suit
the emergency. Appeal was finally made to the sword,
to determine which of the claims the true cOnsruc-
ton Of constitutional law The sword has decided IN
favor Of the North and what they claimed principles
cease be principles, and are become law. The views
that we hold cease be principles because they are OPP
posed 10 law II is therefore our duty TO abandon ideas
that are and conform TO the requirements of law
The Military bill and amendments are peace offerings
We should accept them such and place ourselves upon
them the starting point from which To meet futie
political issues a. they Lake other sSouthern
naturally soueht alliance with the Democratic party
merely because 1t opposed to the Republican party
But as far as can Judge there is nothing tangible about
H. except the issues that saked upon the war and
lost Finding nothing to take hold OF except pre-
udice which cannot DC worked into good for any 0ne
il il proper and right that | should seek stand
point from which good may be done. IL appreciate the
principles Of the Democratic party its prominent Tea
lures oppose the enfranchsement of the coorcd man,
and deny the right egsatc upon the subject OF SUI
fraec except by States individually These two fea-
lures have tendency 20 exclude Southern men from that
party for the coloed is already enfranchised here
and we cannot seek alliance with party that would
strict his rights The exclusive right of the States TO leg
isla,e upon suffrage will make the enfranchisement OF
the blacks whether FOR better for worse, fixture
among us 1t appears. therefore that those who cry
loudes against this order Of things pubic ca
lamiiy are those whose principles would fix II upon us
without remedy. Hence 1t becomes MS TO insist that
suffrage should extended in all the States ana fully
The people OF the North should adopt what they
have forced upon usi and If it be proved TO be mis-
take they should remove by the remedy under repub
hcan principles of uniform la w upon suffrage" III every
man n;tAe country wiii neet @ 9 els & Win % oi, s hi
responsibilities, on tomorrow the sun VIII sne upon q
happy people. fields will again begin 10 yield their
increase. our railroads ana rivers VIII teem WIN aou
dant commerce. towns and cities viii csOund win
blessings Of Almighty God. am, Sir very respectfully
your most obedient servant, JAMES LoNGsIEEEf
FINANCIAL AFFAIRS IN Ew-oRLEANs-DRE,DFCL
MtsMtNAGENIENT or TIE NATIONAL BANkS.
Prom Our Special Correspondent
NEw-ORLEANs, June 3. 1867.
Owing 10 the influence of men connected with the
First National Bank OF this city, nothing has been pub
lished by the local papers in regard to its affairs You
can only rely upon the correctness OF THE TRIBUNE dis
patches concerning it, Notwithstanding they are not luly
corroborated by those OF other papers The affairs OF
this institution continue TO absorb the attention OF the
The majority OF the OH OF DITcftoIS
who used the deposits Of the bank in their specu
atios and those OF their friends succeeded IN
curing the appointment OF Charles Cole ~ Receiver He
was "A member OF Congress from Ohio. and former law
partner OF Secretary McCullOch. He came here last
year-as revenue agent OF the ooVerhMmeGGI
och who was sent here special agent Of the Treasury
Department in charge OF diseries. The object OF tue
majority OF said Board is, ls 70 conceal theiI operations
with the moneys OF the Bank aud Sub-Treasury and 2
To avoid being pressed for the money they owethe Ban
expecting after year or two through their tlehd e
Receiver TO compound will, the Bank for few cents on
the dollar. These directors and officers hold na9ry
OF the stock, aud control all meetings pi uie stpch
own and have succeeded, thus FAR, in eoncSeallns
it's affairs. The innocent stockholdeis ana de'
posors can get official statement of us cOndtion
rotwitnstanding Secretary McCuloch's dispatch that
there should be no coneeament when the % .k Closet
deposits sold freely al GO to rs cents on the dollar Du are
been allowed by Mr. Knox the eNainler, 10 see ,Ie
books aud know the true condition OF things. Not%i1-
SO grossly misapped, it was not legally in default ad
the Controller had no right to take possession 3l a
iroer can seize bank and put Z IN charge
OF receiver is when 1t refuses to redeem us en-
aminer. after being illegally in possession OF tue
bank several days, enacted the farce oi having 40 p
legal tender notes the vaults. Loud complaints arc
made by the innocent stockholders aud deposition. at te
action Of the Controller In this case. IL Is peftuehty
asked why he had not at stated periods as required ny
law examined the condition OF thls bank Ia ai o Mny ~ ne
strict personal aud pecuniary aecoumtaulhty TUG
directors and officers Of this institution Inc action OF
to Government relation to this bank has been hcaSy
hIow 10 The other National banks of this city.
"a remonstrancc has been forwarded TO secretary
McCulloch against the appointment OF receiver anu
LEGAL proceedings are about being instituted 10 0ust NM
This bank was organized in January ls6i Inc non.
Rcni,nip r Flanders the frat president during ms
odmnistraton the affairs Of the bank were properly
managed In the Fall OF 1864. A. C. Graham then ,ie
cashier of the bank and recently the agent IN Broad
NewNoyk became president, and from that Time me
minutes OF the bank show that no regular neei OF tAe
board were held for the transaction of the ordinary pus
mes, OF e institution The affairs seem TO nave Deeh
conducted solely by the president - there pelng no
aI fIe
nr that year engaged largely in gold speeuatlons ia
NewYoik losing heavily. Despite It's losses the osnN