The New Orleans crescent. [volume] (New Orleans, La.) 1866-1869, 1869-02-18

the United States treasurer has been adopted for
the reason that the government is now paying ten
per cent. on The average for every dollar depos-
tied by receivers distant from the depositorIes
To this is appended the forged signa:nre OF .hs
first controller, while there is Endorsed upon the
letter, IN hand writing and with signature which
are buDgling limitations OF Mr.. spinner's, state
ment 10 the effect that be had examined the Within,
and approved the same; and also suggesting that
the register and receiver be allowed compensation
for their trouble. The whole matter bears evil
dence Of having been prepared by some one VINO
is familiar with the business OF the department,
though net sufficiently so 70 enable him 10 entee
more fully into details. The checks which were
received from the postofhce department, aI,hongh
indorsed payable to the order of Richard V. Gin
ton, were paid by the drawees at New York on
the assurance of the treasurer that he would hold
them harmless on the transaction. When the
spounts including United States checks, werere
covered from the pos'ofice here. they were placed
by the treasurer TO the credit Of the receiver, who
had been imposed upon. About the time the
above letters were received in Washington. per-
SON named Henry W. V. Clinton was arrested AT
Panama on q charge of passing forged bills OF ex-
change, and 1t is surmised that he may De tue
same that sent the fraudulent instructions to the
receiver.
The package of checks was in the postofice
here some days, and it was owing to the absence
Of Clinton from the city that they were recovered
by the government.-INew York Journal OF Com
merce. ... 81.
MONEY MARKET. Saturday Evening, Feb. g.
We have subscriber who ought to be severely
dealt with. He Is one Of those old-fogy 'ante
diluvian fossils who believe that the government
is best when the people feel IL the least: why
that old idea went out of fashion with knee
breeches. Our revolutionary fathers hal been OPP
pressed and made to feel the weight OF arbitrary
and ssS SSns to that
that, and people nova days know that the gov
eminent Is best when 1t not only does everything
for its subjects, but thinks for them into the OAR
gain. To think of any sinner OF this great CIT,
daring to darken the light OF this glorious las
half of the nineteenth century by suggesting ina
il Is possible the people know what currency ]
best for them. and would choose II rightly 10
themselves, If government would remove It's re
strictions and call of its dogs! We print the oil
fellows communication merely to show hov
singular some men dare to be: rs-.
NEW YoRK, Feb. 8, 1869.
"Mr. Editor-Why do black sheep eat les
than white ? This problem was offered, think
| TO DR.. Mitchell, some years ago, and the learne
gentleman went into q long research to ascertai
| some scientific reason, which he gave to the put
| lie but the propounder denounced his theory
and asserted that il was solely because they wer
fe,cer in number Sir, this is Just the position .
the question Of resumption, except that as yet u
philosophers only have spoken, and the common
sense reason is kept back. / would suggest tbs
il the government withdraw all RESTRICTIVE
| measures, the people will soon find the way TO
sound currency. Let them trade for gold. silve
| paper, or even cats and dogs, as they may cleo
| and they will quickly ascertain and maintain q
best currency. Your gerry old SUBSCRIBER"