The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1867-06-27
IMPORTANT FROM NEW ORLEANS.
SPECIAL TElEGRAMs TO THE HERALD.


Alleged Fraudulent Issue Of Nearly $4,000
900 Of City Notes by the City Treasurer
and COmptr Oiier-The Mayors Opinion ON
the Question Of Reputation.
New ORLEANS June 20, 1891
IL O'Clock L. n.
There s considerable sensation In business circles
here today in consequence OF exposure BY Mayor
Heath his message the Common Council yesterday,
Of alleged fraudulent issue, without authorization, OF
city the Of ST. 1872 772 since the date Of
August l. 1866, by Eurrh Hernandez, City Treasurer
and p. G. Mahap .'toptroller Two issues, one Of
5000 600 and u 80, 900, together with over
issue OF notes in Of worn-out currency 70 the
Of 1892 72 appear the exhibits Of the City
Treasurer and il claimed this evening" compstent
authority, that the issues will amount in total to
the enormous figure Of 49, o26 The matter 10 under
investigation by the Common Council, and will most
likely the reputation by the city Of the illegal
issue and the removal Of tho officers engaged in It.
The following the opinion of Mayor Heath upon the
question Of Tepud this exceedingly large
volume Of paper money thrown upon the marke. In
addition that already issued by the CITY, il not hard
to account for great depreciation which has taksn
place the value OF city paper md cannot help shaking
the confidence Of The public IN IT, II 1t sanctioned
officially or otherwise by the joint committees,
they, too, far exceeded thsr powers, and must
b. viewed as equally culpabs with the ofhcms
already named and look 70 the Council to make unme.
date examination Of this matter, and to take speedy
the removal Of the parties guilty Of psrpe
traiing this fraud tho corporation and the
nifty For the further and full protection OF the Treasury
of the city, also necessary all officers Of the city
should be instructed not 70 receive any Of the
money in question In payment Of sums duo the
city The same having been issued without
authority, and by irresponsible persons, is
Of no value in law and the city never legally ho
made Liable for it, No authority having been
vested the present Treasurer and Comptroller issue
any notes Of this city, these illegal notes can DO
readily distinguished by the signatures OF themselves
their deputies II 70 my personal knowledge that
besides the large amount of nearly million and
quarter or dollars already illegally issued Treasurer
and Comptroller nj the present time engaged In
making Of this money; and even now We have
nothing TO guide TO the amount actually put into
circulation except the statements OF the him.
SELF and also necessary that should ako
date steps stop any further issue of city notes
The general opinion is thai the Common Cornell will
vote to render legal the issues already in existence.
though their power ecalze 1t Is doubtful In the
meantime today city notes have deprecated two and
one per cent and many parties refuse them
at all in payment In business transactions.
Fertheewins ProeIa.ation OF Governor
Wells.
NEW ORixAxs, juno 70, 1867.
Ex-Governor Wells having waited sufficient time for
the President to decide on his removal. and the
latter not having acted n the matter, has
determined upon Issuing . proclamation de-
cIar,ug himself still Governor, and Governor
Flanders usurper declaring null and void his SUISSE
quent and future acts and directing the sheriff and
other civil officers not obey his orders This he be-
eves DO tho Law under the Attorney Generals opn-
on This will compel tho President TO act He takes
this course BY advice Of several lawyers here. His
proclamation VIII DO issued In day two unloss tho
President interfersl