New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1867-06-02
THE CITY.

The week that has Just closed opened
with deluging showers, and a deluge of
words in the form of Attorney General Stan
| bery's lengthy, i. not learned, opinion on
the military reconstruction bills. Which
was the greatest infection has not yet been
determined.
The opinion OF Judge Taliaferro, of the
| Louisiana supreme court, rendered at
| length, and published in the same number
OF the REPUBLICAN,, that notes given in con-
| sideration for the purchase of slaves are void,
gave to the people of this city more read
ing and more information of legal nature,
| and those who read both these documents
regarded themselves as thoroughly versed
in law.
The grand demonstration by torchlight OF
the three miles of the Republicans of this
city and its vicinity established full conf
dence in the ability of the people to govern
themselves, and repealed, if it did not OBJ
literate, the popular idea of Southern peo-
pie that there has been class among them
whom it was unsafe to intrust with power.
1t was conceded to be one of the most sue
cessful political professions ever seen in
New Orlerns.
The boiler explosion on the steamer st.
Marys at the lcvec, did considerable dam
age, but was not attended with loss of life.
The creditors of Jacob Barkcr's Bank of
Commerce, after waiting patiently for some
prospect of an adjustment of their claims,
and the opportunity to look once more on
a portion Of the money they deposited there,
have held two public meetings, and one or
two meetings Of a committee of their mem,
bers. The assets of that estate are estimated
to be sufficient only to pay from ten to forty
Ter cent, which will, in any event, be a
serious loss to depostors who can i'll afford
to lose any portion of their earnings and
savings.
The affairs of the First National bank are
still in confusion. A receiver has been az
pointed, who will probably give the public
some reliable information in regard to the
assets and liabilities of that financial insti,
tuition before the expiration of many days
Fire has made its ravages to limited
extent the past week. The losses have not
been large. The most vexatious loss was
that Of the Fourth ward Republican club
whose banners and transparencies, and the
beautiful flag presented by patriotic
young lady of the ward, were all destroyed
by the Conflagration.
Business generally still continues de-
pressed. Building, however, chiefly small
and cheap cottages, to be occupied by the
owners, continues quite active. Sales of
real estate drag heavily, and at low prices
The weather has been showery duribg the
week, and the last two days have been ex.
tremely sultry.
The exodus for the North has commenced,
and those who make their annual pilgrimage
TO that Mecca are packing their trunks, and
taking passage byriver, ocean, or rail.
The health of the city has been good, con,
sidering the "demoralized" condition of the
streets and the filth which is permitted to
accumulate not only IN the streets, but in
alleys, yards, and outbuildings.
The closing event of the week was the
meeting last evening of Jacob Barker's
creditors, which is fully reported in this
mornings REPUBLICAN. The assets are fear.
fully below the liabilities according to this
report.
If the people will take our advice, and be
temperate, be Industrious, be frugal, attend
religious services to-day, and abstain from
any improprieties on the Sabbath, they will
progress in the important education that
advances human happiness.