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(Correspondence N. Y. Herald.) NEW ORLEANS, April 27, 1841. Satan let loose in New Orleans-Fanny Elssler outdone-Robbery, Plunder and Black Mail, to smashSplendid Financiering in New Orleans-All the Banks but sinks of Corruption-Genera blow up in New Orleuns--Decil still busy-Markets, &.c. Dear Sir-This great Emporium, as it is called, was yesterday thrown into consternation by a ruinor that the Bank of Louisiana was compelled to stop discount. ing by the defalcation of some of its officers. Towards noon the anxiety and trepidation were very in tense among many of the business men, as yesterday being discount day, it was reported the directors had closed all their books, and resolved not to make new loans or renew old ones, by which means several in. dividuals were exceedingly embarrassed, and brought to the of protest. On examination, it appeared of the in the U. S. Bank, had to to themselves without the ficers that ney two of verge or three clerks, undertaken intervention imitation of !oan the suffer- of mo- the of Board of Directors. How long they had been ed to proceed in this mode of financiering, I am unable to state. It was found, however, that the funds of the Bank were minus upwards of seventy-five thousand dollars. Two of the clerks have disappeared.The investigation is still going on, consequently the full amount of the robbery is not yet ascertained. This great stroke of finance was made in connection with the explosion which took place a few days previously, at the opposite corner of the street, in the "Louisiana State Bank." Several persons, among whom is a mulatto man named Herrand, had overdrawn their accounts to a very large amount, with the connivance of one of the book keepers. Herrand's overdraft alone is over twenty thousand dollars. Several other persone are implicated, some of whom have hitherto borne a good character. Herrand has been long known as designing fellow: in this last act he has shown himself less dishonest than some of his white compeers in finance, as he has voluntarily offered all his property to the bank as an indemnification The whole amount of the defalcations, as yet ascertained in the State Bank, is one hundred and twenty thousand dollars. One of the clerks who was concerned in robbing the Bank of Lon. isiana, had an account in the State Bank, which he overdrew to the tune of sixteen thousand dollars. The whole amount of the loss of the State Bank is not yet known, nor is it probable that it ever will be known to the public how much other institutions have been rob. bed of, as you know in such cases the directors are fearful of impairing their credit. These two robberies, detected within a few days of each other, and at a moment when every body is agi. tated and astonished at the developments in relation to the U.S. Bank, have shaken the banking system in this city to its centre. The two banks which were robbed are universally acknowledged to be the most reputable, and most worthy of confidence of all our moneyed institutions. l'eople now ask, what shall we think of the Mechanics' and Traders', the Carrollton, the Exchange, and the City Bank, when robbery has made its way into old Ben Story's bank, and the State Bank? There is reason in this question, and you may rest assured the public sentiment is fast settling down upon one opinion, to wit: that nearly all the banks in New Orleans, if their affairs were ripped up and exhibited to the light of day, would appear more hideous than even the U. S. Bank has done under the partial disclosures which have been made by the stockholders committee. The day is fast approaching when the infamous band of insolvent directors in this city will not be able to blindfold the community with their dirty humbuggery.) It is believed by all classes of men, that the directors in most of the banks have been guilty of acts ten times more atrocious than any that have been charged upon the clerks of the Bank of Louisiana and the State Bank. It is well known that Presidents and Di. rectors were in the practice of taking any sum in notes from the teller's drawer, and leaving a due bill to rerepresent them as cash. Bank notes were drawn out on checks dated two days ahead, and paid by money drawn from other banks by checks likewise dated some days ahead. It is known that some of the best financiers among us, (a good financier means a man who can rob adroitly,) that is to say, some of our bank presidents owe more money than they would be able to pay if they had all the specie in their banks, and the yearly interest on their debts amounted to ten times the value of their property. How in the nature of things can these men be expected to manage the affairs of the banks with prudence and integrity The thing is out of the question-only look at the banks of New Orleans. The Commercial, the Louisiana, and the Atcha
