6696. Bank of New Orleans (New Orleans, LA)

Bank Information

Episode Type
Suspension β†’ Reopening
Bank Type
state
Start Date
September 16, 1861
Location
New Orleans, Louisiana (29.955, -90.075)

Metadata

Model
gpt-5-mini
Short Digest
6abb13ad135604fe

Response Measures

None

Description

The Bank suspended specie payments on Sept 16, 1861 by order of its board in conformity with the recommendation of His Excellency, Gov. Moore (government action). The bank later resumed operations (articles in late 1862 state the bank has again resumed its business and Gen. Butler allowed the Bank of New Orleans to resume). There is no clear article describing a depositor run that precipitated the suspension; May 6, 1862 piece describes crowds at the bank seeking small notes (demand for small change), but not a classic panic withdrawal that caused suspension.

Events (4)

1. September 16, 1861 Suspension
Cause
Government Action
Cause Details
Suspension of specie payments was made in conformity with the recommendation of His Excellency, Gov. Moore (official/government recommendation).
Newspaper Excerpt
In conformity with the recommendation of His Excellency, Gov. Moore, this Bank does this day suspend specie payment...
Source
newspapers
2. May 6, 1862 Other
Newspaper Excerpt
congregation of large numbers of people in front of and at the doors of the Bank of New Orleans, ... soliciting small notes in exchange for Confederate notes. The cashier ... signing his name as fast as his physical powers would admit to $5 issues ... to relieve the demand. (May 6, 1862 money market piece).
Source
newspapers
3. November 29, 1862 Other
Newspaper Excerpt
The bank, from a temporary suspension, has again resumed its business. (Chicago Daily Tribune, 1862-11-29).
Source
newspapers
4. December 31, 1862 Other
Newspaper Excerpt
Butler has allowed the Bank of New Orleans to resume. (Washington Telegraph, 1862-12-31).
Source
newspapers

Newspaper Articles (10)

Article from The Daily Dispatch, April 2, 1861

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COUNTERFEITING OPERATION.-On Friday a counterfeit movement of rogues shoved counterfeit $20's on the "Bank of New Orleans," extensively into the New Orleans market.By the time night came Joseph Massey and Andrew Harrington had been separately arrested in the act of "pushing the flimsies." The thing got out, and during the evening large numbers of persons visited all the station nouses in the city and announced themselves victims of the bogus $20's. The keepers of the stores along Old Levee street were the heaviest sufferers, and it was estimated that the operators got off about $5,000 worth of their rags within an hour's time after they commenced the run on public confidence.


Article from New Orleans Daily Crescent, November 21, 1861

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MORTIMER BELLY. Cashier. 01 if BANK OF NEW ORLEANS, } New Orleans. Sept. 16, 1861. In conformity with the recommendaof His Excellency, Gov. Moore, this Bank ddes this day suspend specie payment, and the notes of the local banks and the Treasury Notes of the Confederate States will be paid at its counter and received in payment of all debts due to the Bank. Parties having paper for collection in this Bank are hereby notified to withdraw the same forthwith, if they are not willing to receive the above currency: and, henceforth, no paper will be received for collection unless the parties agree to the above. By order of the Board. MORTIMER BELLY. Cashier. se19 LOUISIANA STATE BANK, New Orleans, Sept. 16, 1861. This Bank, in conformity with the recommendation or the Governor, has suspended specie pay. ment on all its liabilities. Hereafter, Confederate Treasury Notes will be accepted in payment and received on deposit. Parties having paper on collection in this Bank are hereby notiBed that unless they consent receive Treasury Notes of the Confederate States, or local bath notes in payment of said paper, to withdraw the same, and no paper shall hereafter be received ou collection where the owners require other than Treasury Notes or local bank notes in pay meat of therearne. By order L. BERNARD, Cashier. sel7 if (Signed


Article from New Orleans Daily Crescent, January 22, 1862

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BANK OF NEW ORLEANS, New Orleans, Sept. 16, 1861. } n In conformity with the recommendaof His Excellency, Gov. Moore, this Bank does this day suspend specie payment, and the notes of the local banks and the Treasury Notes of the Confederate States will be paid at its counter and received in payment of all debts due to the Bank. Parties having paper for collection in this Bank are hereby notitled to withdraw the made fortswith, If they are not willing to receive the above our ency; and, henceforth, no paper will be received for collecti unlesathe parties agree to the above. y order of the Board. MORTIMER BELLY, Cashier. self LOUISIANA STATE BANK, New Orleans, Sept. 16, 1861, This Bank, in conformity with the recommendation or the Governor, has suspended specie payment on all its liabilities. Hereafter, Confederate Treasury Notes will be accepted in payment and received on deposit. Parties having paper on collection in this Bank are hereby notified that unless they consent to receive Treasury Notes of the Confederate States, or local bank notes in payment of said paper, to withdraw the same, and no paper shall hereafter be received on collection where the owners require other than Treasury Notes or local bank notes in payment of the sarae. By order: L. BERNARD, Cashier. sel7 if [Signed]


Article from New Orleans Daily Crescent, January 28, 1862

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BANK OF NEW ORLEANS, } New Orleans, Sept. 16, 1861. min conformity with the recommendaof His Excellency, Gov. Moore. this Bank does this day suspend specie payment, and the notes of the local banks and the Treasury Notes of the Confederate States will be paid at its counterland received in payment of all debts due to the Bank. Parties having paper for collection in this Bank are hereby notitled to withdraw the same forthwith, if they are not willing to receive the above carr ney; and, henceforth, no paper will be received for collecti unless the parties agree to the above. 1 y order of the Board. MORTIMER BELLY. Cashier. self if LOUISIANA STATE BANK, New Orleans, Sept. 16, 1861. This Bank, in conformity with the recommendation of the Governor, has suspended specie payment on all its liabilities. Hereafter, Confederate Treasury Notes will be accepted in payment and received on deposit. Parties tiavis g paper on collection in this Bank are hereby notifled that usless they consent to receive Treasury Notes of the Confederate States, or local bank notes in payment of said paper, to withdraw the same, and no paper shall hereafter be received on collection where the owners require other than Treasury Netes or local bank notes in payment of the same. By order: L. BERNARD Cashier. [Signed] se17 if


Article from New Orleans Daily Crescent, February 6, 1862

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MI, MORTIMER BELLY. Cashier. 01 if BANK OF NEW ORLEANS, New Orleuns, Sept. 16, 1861. In conformity with the recommendaof His Excellency, Gov. Moore, this Bank does this day suspend specie payment, and the notes of the local banks and the Treasury Notes of the Confederate States will be paid at its counter and received in payment of all debts due to the Bank. Parties having paper for collection in this Bank are hereby no. Uted to withdraw the same forthwith, if they are not willing to receive the above ener ency; and, henceforth, no paper will be received for collecti ) unless the parties agree to the above. y order of the Board. MORTIMER BELLY, Cashier. 5619 if LOUISIANA STATE BANK, New Orleans, Sept. 16, 1861. NET This Bank, in conformity with the recommendation ot the Governor, has suspended specie payon all its liabilities. Herenfter, Confederate Treasury ment Notes will be accepted in payment and received on deposit. Parties having paper on collection in this Bank are hereby notifed that unless they consent to receive Treasury Notes of the Contederate States, or local bailk notes in payment of said paper, to withdraw the same, and no paper shall hereafter be received on collection where the owners require other than Treasury Notes or local bank notes in payment of the same. By order: L. BERNARD, Cashier. self [Signed]


Article from New Orleans Daily Crescent, May 7, 1862

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New Orleans Daily Crescent. WEDNESDAY MORNING, MAY 7, 1862. # New Orleans Money Market. CRESCENT OFFICE, NO. 70 Camp street, Tuesday Evening, May 6, 1862. We are not crowded with any important movements commer- cial and financial; but, politically, we might weave out a long review of the events from time to time. We are not aware that this would be of any special advantage at this momout. We might comment on many things that would be of interest to our numerous readers. We have never depended on foreign intelli- gence to make up this department of the Crescent. We are really at a loss at this juncture how to make up our usual diar- nal review of finance. The most Important feature was the congregation of large numbers of people in front of and at the doors of the Bank of New Orleans, on St. Charles street, soliciting small notes in ex- change for Confederate notes. Unfortunately for the appli- cants, the engravings for the small notes are not in readiness. The cashier of the bank was signing his name as fast as his physical powers would admit to $5 issues, which, divided, wili do something towards relieving the demand. We are asked, why do not the other banks issue small notes? The Bank of New Orleans, we learn, will issue about $300,000 of small notes, which is 15 ct, on its capital. Assuming the capital of the eleven banks to be eighteen millions of dollars, it appears that if they all adopted the policy of one-fifth, or 20 ct., there might be added to the small note cirenlation, say under five dol- lars down, a volume of small currency of three millions and a half dollars. We cannot estimate, in fact, we cannot arrive at any conclusion, what amount of small issues by our banks would meet the requirements of our community. It puzzles us, and will puzzle wiser heads and a more extensive possession of brains than we have the privilege of calling to our assistance, to dete mine what amount of small note currency of responsi- bility will the wants of the community require. The issues of the banks have not at no time, since September last, met the wants of the public. There has been no refiux of bank bills; that is, the banks have not been called on, only in small sums, for redemptions at the counter. We may note it as one of the characteristics of the crisis, and denoting the strongest confi- dence in our banks, that since the suspension of coin payments on the 16th of September last, there has not been paid into the banks in the way of payments due to the banks, an amount of circulation exceeding 6 ct. of the general circulation of the banks. Debtors to the banks have invariably paid their dues in currency. If our banks were to issue ten millions of dollars they would, in all probability, be hoarded. We urge on our public to refrain from this hoarding process; let cach individ- nal strive to maintain the circulation of bank notes of small issnes; that is, when they receive them pay them out at once. It is more than apparent, that in the general suspension of trade and commerce there must be a general mixture of paper money; say Confederate Treasury notes, State of Louisiana Treasury nozes, the individual issues of parties of account and strength; as also the issues of parties of very little responsib.lity. The suggestion we made weeks ago of the formation of a change as- Location under the management and control of twelve or more citizens of repute and standing, seems to be gathering strength each succeeding day. If we look a little further, we are ad- monished that we cannot re'er to precedents in regard to the present distraction of our currency; because, in the history of nations, we have not a record of so mighty and important changes in the affairs and conditions of a Government or nation, as now attaches to the general political, social, commercial and financial status of the heretofore United States of North Amer- ica. It is manifest that to reasonable hope can be entertained that general investments-say in stocks, bonds, paper, or, rather, se- curities-will, for the current six months return to owners and holders the lenst remuneration-possibly, here and there in par- tial cases, some dividends may be retained. The rule will be, no provision, no earnings. Trus, there may be exceptions to the rul, which we shall take great pleasure in making known. There were some sales of stocks to-day, though they were not made public; in fact, there are sales going on dally irrespective of the momentous crisis through which we are now passing. There were some movements in specie, alias gold and silver. The prohibition being removed, the incentive to speculate, buy and sell according to the legitimate and immutable laws of supply and demand, the exigencies and contingencies of the state of the country, and we may add the phrase, "the state of the times," continues. 003EMON COUNCIL.


Article from New-York Daily Tribune, May 30, 1862

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alone, we dare to raise the velce of condemnation against the second spoliation meditated by these corrupt and unprincipled corporations. On the memorable day of Bank dishonesty, the 16th of September, 1861, when the banking concerns of this place with the exception alluded to, declared their doors oclosed against the just claims of bill-holders, and with an effrontory without precedent, undertook to paste in the pass books of their cepositors a notice to the effect that the deposite them due would be paid to each and all on the resumption of specie payments, provided that the same had not been previously drawn for, we implored them to pense in the flagitious work, and not ruin this community by their insane infidelity to every honorable duty. We pointed out the heinousness of the pase-book notice, which claimed the use of depositors' money at the pleasure of the banks without interest, and we protested acainst an act which only the ples of national necessity and national relief could possibly or reasonably justify. Had the money of which this people was thus defranded been taken for the support of the revolution, the conduct of the banks would not, as we maintained at the time, have been justifisule, although the people would doubtless have approved it; but they pre-cipitated bankruptcy for no object conceivable to educated or opright minde, and now they avail themselves of the order of Gen. Butler to consummate their wickedness. The banks were even in advance of the popular disposition in the revolutionary cause; but we have yet to hear of sny unusual sacrifices their directors have made out of their own pockets for the support of the cause. It is a remark bie fact, too, that on the morning of their suspension they all seemed to possess an unlimited supply of that Confederate paper they then forced the public to receive, and of which they now set the first example of repudiation. We neither approved their first operation nor this of repudiation, their last; nor their la-termediate endeavors to put their property by every species of contrivance, beyond the resca of its legitimate owners. There are principles of right and justice so incontrovertibly obvious and supreme that no law or code, civil or military, can ignore or deny them; and such principles are now in-volved in the monetary affairs of this people. If one military power can absolve banking institutions from the redemption of their obligations solemnly guarantied, and another eaables them to complete the iniquitous work in the way most con-ducive to their own interests, any country under Heaven would be a paradise of justice compared to such a place. But we have no apprehension of any such resuit. and we would advise the banks not to presame too far upon the pe-tienae, good nature and forbearance af this public. If the po-sition they assume be sustained, revolution will be the chronia condition of every American commonwealth. If banks aud bankites are to be the only parties in social conflicts who are surete make a profitable business of such work the key te their boisterous patriotism is furnished. And that this view of their prospects is the one entertained by the public the following published statement of a sale of some ne of their stocks on Saturday last, will indisputably confirm. The sale is publiated as that of Palfrey & Co. Bank of New-Orleans.... $107 Crescent City Bank $00 Mechanics Bank. 121 Union Bank 110 Louisiana Bank.. 221 Citaens' Bank 209 Merchants' Bank.. 102 Baok of Americs... 198 This result will surprise no one who has watched the course of these institutions. They first procure the suspectsion of specie payment, under a patriotic pretext wholly beyond any human being's perceptions of its necessity. Then, avaiting themselves of the public necessities, they cause the price of foreign exchange, of which they have a monopoly, to advance two or three hundred per cent; seil bonds bought under ex-trenfe depression, or below par in every instance, for two or three times their nominal value; place their specie in hiding places unknown and insccessible except to themselves and their agents, and now undertake to close in a grand finale of cheatery by paying off in a currency they themselves com-pelied the people to accept, both the old cash deposits of the latter and all their accretions since the memorable epoch of suspension! They first force Confederate paper into circulation, and proit enormously by the operation, and then depreciate it by repudiation after it has been made to serve their sordid and dishonest purposes. In these proceedings the people will see the clue to the motive of these bank men in pusning this State into the issuance of war bouds in such toordinate amounte They wanted to make of the State credit a sponge for the ab-sorption of the surplus Confederate paper in their hands, and so nicely have they made their calculations, that at this mo-ment every device is in requisition to obtain even the Confed-erate bills necessary to meet the demand of resens depositors! We have no concealments to make in presence of Federal or Confederate authority; our record has no stains upon it; is enallenges examination We never hesitated, during the pe-riod to which we are referring, in proclaiming our opicion that, if the Richmond Government deemed the specie in the banks of this city absolutely indispensable to the revolution-ary cause, to which the country had committed itself, it was competent to it to take it. This we admitted, qualifying t however, er, with the opinion that to take unduly from one por-tion of the people, or to burden one class of citizens dispropor-tionately in this or any similar or dissimilar mauner, was an act of oppression for which extreme necessity only, which overrules all law, could be a justification. THURSDAY May 29, 1862. Markets-CAREFULLY REPORTED FOR THEN. Y. TRISCES ASHES are in improved demand, and the market is firm; antes of 50 bbis. Pots at $5 75, and 60 do. Posris at $6. COTTON-The advices from New Orleans to-day have been rather unfavorable to the prospects of speculators, and as thه manufacturers who were in the market have, in a great meas-ure, supplied themselves, the business has been less scrive, and at the close prices are heavy-31c. for Middling Uplands is quoted, though one or two lots sold a trifle below this figure. Sales of 900 bales. COFFEE-We hear of no sales in any description, and prices are nominally unchanged. FLOUR AND MEAL-The demand for Western and State Flour is less active, owing partly to the absence of a good as-sortment of Extra State, which is preferred to Western by shippers. The medium grades are insctive and quite irregu-lar: Trade" brauds aro quiet yet steady; the sa es are 12, 100 bbis, at $4 250 $4 40 for Superline State and Western; 455 @$480 for the low grades of Westera Extra; $45506465 for Extra State; $470@$480 for fancy do.; $500/520 for shipping brands of round-hoop Extra Ohio, and 35 36 66 25 for trade brands do. Canadian Flour is less abundant dand is quiet; the arrivals are moderate and consist mainly of the better grades; sales of 850 bbls. at $4 552 $4 75 for ship-ping brands of Spring Wheat Extras, and $4 802 $6 25 top Extras Southera Floar is in fair demand, especially good and choice Extras, but the low grades are dull yet steady ta price; sales of 1,630 bbls. at $5 100 +5 70 for wixed to go Superfine Baltimore, &c, and $5 75256 75 for trade brands ado. Rye Flour is steady and in fair request; sales of 260 bbia. at $2 152 64 05 for Superfine and Extra. Corn Meal is in moderate request and steady; sales of 400 bols. at $290 for Jersey, and 63 15 for Brandywine. GRAIN-The Wheat market is less active, and though the receipts are less liberal, prices of most kinds are 122e bush. lower, except prime, which is scarce and wanted; the inquiry is mainly for export, and notwithstanding the decline in the rates of freight, prices favor the buyer at the close; the trans-actions include 191.000 bush.. consisting of 46,000 do. Chicage Spring at 850.@$1; 60,700 do. Milwaukee Cub 90.@+1; 36.300 do. Amber lows at $102@$1 04: 12.400 do. North-Western Club at 870.@$1; 17.6% do. Red Western at $108@$1124, the inside rate for foul, and 17,700 do. Amber Michigan at $1 15@$118. Barley and Barley Mait are less active, but prices are unchanged. Onts are scarce and a shade firmer: salemof Canadian and Western as 3422440, and State at 44@44jc. Rye is in fair demand, and is of firmer; sales of 6,700 bush. at 6320ije, for Wes eru and 70e. for State. Corn is less active, and a shade easier, the demand alis mainly for the East; sales of 73,000 bush. at @4io. for new Mixed Western, and 4712 48te. for old do. HOPS are steady and in moderate request; sales of 100 bales e New at 14 @18c., as to quality. HAY-The supply is larger, and the market is heavy; sales e of 900 bales at 602650 100 1b. MOLASSES-There has been a moderate inquiry for home nee, and prices are maintained; sales of 45 hids Porto Rico eat 372 127 do. Cuba Mu covado at 272., and 60 do, at 3 je. NAVAL STORES generally are quiet, but prices are well maintained, sales of 100 bols. Common Rosin at $7 15, and e 100 do. No, 2 at 8252$350 280 10. OILS The market is inactive for most kinds, and prices are without essential change. PROVISIONS There has been only a moderate inquiry for Pork, and with continued large receipts the market is heavy sles of 700 bbls., at $12 25 for less, $12 for Unta-espected Mess, and $9 621@$975 for Prime Beef is inse motive, and priors are beavy; sales of 175 bbla, at $1225@$19 50 for Fisin Mesr, and $14@$14 87 for Extra do. Bacon is doll, and we have only to notice sales of 36 boxes Short-ribbed Western, at 44c. Cut Meats are in good request, at about me former rates: sales of 900 boxes, tes, aod hhds, at 31 @ijo. for ar Shoulders, and 44@5jc. for Hams. Lard seils only to a mod-erate extent, without material change, in prices; sales of 500 bois, and tes, at 7428jc, the inside rate for quite dark. RICE-Carolina is quiet, but holders stil demand full for at mer rates; East sells moderately at steady rates; 300 bags Rangoon were taken at 50ője. SUGARS-The sales of itaw to-day are very fair, being chiefly to refiners and city grocers, and prices are still main-dtained. The transactions embrace some 200 ahds. Porto Rico at 70810.700 Cuba at 747jc.; 37 bxs. Havana at The, and 13.500 bags Mantila at 70. SEEDS-Rough Flax Seed is in fair demand, and the mar-ket is firm at $2 1002 30 bush. Clover Seed is quiet at y 6. @ite. Timothy Seed is in fair request at $1750$ bush. TALLOW is in good demand, and holders are firm; sales of 520,000 15 Prime City at Dc., cash. Rough Fat is in fair request at 6c., essh WHISKY-A. very fair demand prevails, and prices are a


Article from The Daily Green Mountain Freeman, November 26, 1862

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GREEN MOUNTAIN FREEMAN. NOV. 26, 1862. Probate Co General Sumner's headquarters, dated the in Vermont, with amendment; STATE OF VERMONT, DROBA 23d, states that fifteen deserters from the and third reading. WASHINGTON DISTRICT. and 1 rebels say that Longstreet's division has said will be holden at the Probate Off 'isher, for Select Committee, against aid District, on Tuesday of each we Of duties and liabilities of recordarrived at Fredericksburgh, and Hill's corps ensuing. Persons having business w is expected hourly. The talk in the rebel camp in courts of record" first reading requested to attend to the same on said T. R. is that Lee intends to dispute the crossing of December 1, 1860. the Rappahannock by the federals with the enWatson, for Committee on Corporatire rebel army. to Senate amendments of chapter STATE OF VERMONT, 1 At a Pro concurred in. The rebels have enlarged their entrenchments, RANDOLPH DISTRICT, 88. Randolp District, on the 23d day of October, but built no new ones. Their guns command Skinner, for Judiciary Committee, VERY FITTS, administrator of the ford opposite Falmouth. Sumner's division bill relating to the rights of widows A Fitts late of Randolph, in sai of their deceased husbands third has the advance of our army. makes application to said cour: for real estate of said deceased, and I Trains were running all day Sunday, from sale is necessary for the payment of Fredericksburgh and Richmond. The entire for Committee on Corporations, against said estate: Whereupon, it is ordered by said population has left and a rebel brigade of infanSenate bill to incorporate the people's plication be referred to a session th try occupies the city. third reading. the West Randolph House in sai for Committee on Corporations, 27th day of November next, for heari on; and it is further ordered, that a House bill to incorporate Holland WASHINGTON, Nov. 25-Evening. A disbe notified hereof by publication of t reading. patch received to-night from the army of the Mountain Freeman printed at Mon three weeks successively before th for Select Committee, favoraPotomac; says there is nothing of importance to afors id for hearing, that they may 55 of Revision " of estates in communicate. and place, and show cause, if any , the curtesy with amendment. OFFERT'S CROSS Roads, MONTGOMERY, Nov. such license should not be granted. By order of Court were adopted. 25. This morning a body of rebel cavalry sixty 357f3w Attest, J. R. CLEA of Waitsfield, moved to amend in number entered Poolsville, and seized Cheny to allow the widow the use of one and Surgeant, the telegraph operators stationed STATE OF VERMONT, In Pr of one third of the estate of her dethere, in bed. They paroled them and permitWASHINGTON DISTRICT Montpel the 25th day of October. A. D. 1862. nd during her life; 1 st. ted them to telegraph their mishap to WashingBELS. WILLIAMS, Administr ton. This boldness O. the rebeis has caused then ordered to third reading. A Nancy Allen, late of Northfie for Committee on Corporations, deceased, presents his administratio much excitement in W ashington. nation and allowance, and makes at bill, for House bill to amend the of distribution and partition of the es Fire Insurance Company charNEW YORK, Nov. 25. The steamer Roanoke Whereupon. it is ordered by said C and said application be referred to a bill ordered to third reading. from New Orleans the 12th and Havana the to be held at the Probate Office in sa is a general bill relating to juris20th, has arrived. Among her passengers are 18th day of November, A. D. 1862, for in cases where a fire insurance th-reon, and it is further idered, Gen. Arnold and staff. enronte to Boston. The given toall persons interested by put party.] General is suffering under a paralytic shock. three weeks successively in the Cushman for Bank Committee, Freeman, a newspaper published at M One hundred and twenty-four men of the discharged from further consideration said time appointed for hearing, tha 8th Vt. Regiment captured on the 4th of Sept. said time and place, and show caus of Revision relating to banks; by the rebels were returned to New Orleans on have, why said account should not b decree made. By the Cou the 13th. Seven were shot by the rebels for Attest. T. R. moved to amend the chapter by having enlisted in New Orleans. Three men A true copy of record providing that no banks shall who had been confederates, but enlisted in the Attest, T. R. 357fw3t bills in other places than at their 8th Regiment at New Orleans, with Sergeant house. STATE OF VERMONT, In P1 Mills and private Spear, both of Royalton, Vt., WASHINGTON DISTRICT, SS. Montpel occasioned some discussion, and were detained at Vicksburgh, an: four died duon the 1st day of November A. D. by vote of 73 to 54. ACOB SMITH, Administrator of ring their captivity. H Marsh, late of Montpelier in si then moved to insert a provision, Gen. Butler has seized and closed the Bank presents his administration account of not more than two hundred, of New Orleans, for sending $450,000 in specie allowance, and makes application f one hundred dollars, shall be the bution and partition of the estate within 60 days to the rebel government. This Whereupon, it is ordered by said employing exchange agents as above specie had been previously reported to Gen. count and said application be refe said Court to De held at the Pre Butler as having been sent away, which was Monpelier, on the 25th day of Nev was also discussad at length, unnot the fact. for hearing and decision thereon was cut short by Mr. Allen A cavalry reconnoissance from Gen. Weitordered, that notice hereof be g discreetly moved the previous quesinterested. by publication of the sa gel's force, captured 2 cannon within 4 miles of cessively in the Green Mountain Fr previous question was ordered, and Baton Rouge. published at Montpelier, previous to thet.thorr adopted.


Article from Chicago Daily Tribune, November 29, 1862

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as 07 ply the planters in the making of the crap sup- which supplies will be charged against the crop manufactured and shall constitute lien thereon. VIII. The Commissioners are authorized to the for work account the of United States such plantations as deserted by their owners, or are held by yai owners, as may seem to them exthe for of the purpose pedient, saving crops. IX. Any persons who have not been actually in arms against the United States since the occupstion of New Orleans by its forces, and who shall remain their moda praceably afford plantations, 16g no aid or comfort to the chemies the United vho shall and States, return to their allegiance, and who shall, by all reasonable methods, aid the States called when United be upon, may ere by the Commission to work their own plan- empowtheir to make to tations, and ownerop, retain session of their own property, except such as 18 posnecessary for the military uses of the United States. And toall all such persons the Commission to means furnish of authorized transportation for their crops and supplies, at just and equitable prices. Section X authorizes the commissioners to hear and determine questions of loyalty, Se. Gen. Butler has issued an order suppressing the Daily Advocate for tressonable utterances. Gen. Butler has also issued an order forbidding the arrest of alaves and confluing them in prison, to be held for their masters, unless it is positively known that the master is a loyal citizen. HON. REVERDY JOHNEON-STRANGE DEVELOPMENTS. [From Orleans Correspondence N. Y. Times.] In one of my recently written letters, endeavored to give you Some slight Idea of the external history of Hon. Reverdy Johnson's visit to this city. The internal consequences are beginning to develop themselves. Among the seizures of specie made by Gen. Batler of amount SEM of claimed large propecia by French citizens, end of course was taken posof Butler Gen. session under by for protest the French Consul. This case was one event. uslly referred to the astute, Union-loving Commissioner, and advised the government to pay back the money to the French Consul. now appears that developing nistory justi fics the action and the sugacity of the Commanding General, for it now appears that this W38 money belonging to to-New Orleans citizens and was taken in charge by the French Consul to pay for cloth now in Havana, awaiting to run the blockade, to be used by the Contederate Government. The money ($495,000) four bundred and five thousand dollars, released by Mr. Johnson's recommendation, was actually sent from this city to Havana within the last forty days, on board the Spanish war steamer Blascode de aud that the Garay, was money borrowed from the Bank of New Orleans by J. D. B. De Bow, agent for the Richmond Government, 08 will appear from the following correspondence: NEW ORLZANS. April 14, 1862. The undersigned having been requested to farQuartermaster this post withthe means of settling Ed. Gantherin' bill for army supplies, $405,000 to amounting hundred (four and five thousand dollars.) desires to borrow that amount from the Bank of New leans, in coin, without interest, on the credit of the Confederate States, and makes this applicction for the same. J. D. B. Dr. Agent Produce Loan. BANK OF NEW ORLEANS, April 14, 1862. J. D. B. De Bow, Esq., Agent Produce Loan: SIR: This bank has received your application for a loan of $405,000 (four hundred and five thou esnd dellars) in coin, to the Confederate States government, for the purpose of paying the bill of Gautherin & Co for army dothing, and hereby accede to your proposition. Respectfully yours, 30. BELLY, Cashier. The French Consul, you will remember, was one of the active agents and friends of Mr. Johnson, while he was here, interfering with Gen. Butler's Department, and, as will now be seen, innocently we trust, playing into the hands of the secessionists. The said French Consul, finally fearing lest he should be discovered in his dishonest interference, and thereby implicate his government, withdrew the original receipts given, and substituted other names, French subjects here, Messrs. E. Gautherin & Co., and two gentlemen of the name of Le More, que of whom, by the order of Gen. Butler, is at Fort Jackson, the other at Fort Pickens. Davis, the President of the bank, and Howall, the bank director,sre now in prison, prison,awaiting trial for theircrimes. The present board of directors, all of whom are believed to be innocent of any complicity the in and not of transaction, one whom even suspected its nature, until informed of it by Gen. Butler. The bank, from a temporary suspension, has again resumed its business. Thus the world will now understand what Gen. Butler probably knew all the while, that the astute Johnson has been completely humbugged and deceived, and the citizens of the United States Government, by his unhappy inteff rence with things he could not undersisnd, have been robbed of nearly S half & million dollars for the benefit of the government at Richmond. CONGRESSIONAL DELEGATION. Brig. Gen. Shepley, Military Governor of Lonisiane, has isued proclamation calling an election for Members of Congress from the New 1st District, of composed and Orleans and the parishes of St. Bernard and PI aquemine, and the 2d District, composed of a portion of the City of New Orleans, and the parishes of JefSt. St. the John ferson, St. Charles, Baptist, James, Ascession, Assumption; Lafourche, Terrbonne, St. Mary and St. Martin. In order to secure to the loyal electors of these parishes their appropriate and lawful representation in the House of Representatives of the United States of America, and of enabling them to avail themselves of the benefits secured by the proclamation of the President of the United States to the people of any State, or part of State, who shall on the 1st of in January be, next, day faith, good represented in the Congress of the United States, by members chosen thereto, at elections whereina majority of the qualified voters of such State have participated. Seven prisoners belonging to the Sth Vermont, had been shot by the rebels at Bavon der Allemand, because they had been enlisted in New Orleans. REMARKBLE SPEECH. Gen. Pemberton who was in the serives of the Union when the rebellion broke out, but who turned traitor, went into the rebel army, and has superseded Van Dorn, recently made a speech, of which the following is & copy. reference to Lovell, formerly of New York, as a street scavenger, is pungent: SOLDIERS: In assuming command of so brave and intelligent an army as that to which President Davis has assigned me, desire at once to win your confidence by frankly de claring that am a Northern man by birth; but have married, raised children, and owned negroes in the South, and, as such, shall never consent to EEG my daughters esting at the same table, or intermarrying with the black race, as the Northern teachers of equality would have them. I take command of you as & soldier, who will not fear to lead where any brave man can follow. am no street scavenger-no General Lovell. [Cheers. If any soldier in this command is aggrieved by any act of his superior officer, he must have no hesitation in applying to me personally for redress. The doors of my headquarters shall never be closed against the poorest and humblest soldier in in my my command. Come to meifyou suffer wrong, as fearlessly as you would charge the enemy's B battery, and no Orderly shall turn you off, or tell you, 08 the case has in too our much been that army, a General cannot see nor hear the complaints of his soldiers. Applanse.] In regard to the question of interference by Europs, we want no interference in our private quarrel. [Great


Article from Washington Telegraph, December 31, 1862

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LATEST FROM NEW ORLEANS-The National Advocate, Jacob Barker's paper, had been suspended for approving of European intervention as a means of ending the war. Jacob, however, explained all the bad meaning away, and was, thereupon, allowed to resume. Four negroes were on trial, for recently murdering Mr. Millaudon. Dr. Rushton's death is announced. Butler has allowed the Bank of New Orleans to resume. During the week ending 15th ult., 12,872 families had received aid from the U S. Relief Commission, of which 4657 were Irish ; 1290 Americans 3932 Germams; 588 English; 64 Scotch ; 723 French: 141 Spanish; 1308 colored, etc. : a statement which indicates a vast amount of pauperism and destitution in the Crescent City. Only one vessel cleared on the 12th ult. She was a barque for Liverpool, with tobacco, staves, hides, and 52 bales of cotton. There are no quotations of cotton in the prices current. Flour was $11 and $12 for choice and extra; coffee, Rio, 50c; Java, 60c.; whiskey, 83. The finest sugar, 9c.; molasses, 43c. per gallon. Business was very dull. Ample stocks of breadstuffs and provisions.