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Browsing named entities in The Daily Dispatch: June 5, 1863., [Electronic resource]. You can also browse the collection for 1863 AD or search for 1863 AD in all documents.
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The Daily Dispatch: June 5, 1863., [Electronic resource], Attempt to obtain the proceeds of the Confederate loan in Paris . (search)
Attempt to obtain the proceeds of the Confederate loan in Paris.
--The Paris Galignani says:
An application was made to the President of the Civil Tribunal by M. M. Erlanger & Co., bankers, under the following circumstances: In the beginning of 1863 the applicants had undertaken the negotiation of a loan for the Confederate States, but their operations were suddenly paralyzed by a notice of seizure of its proceeds, served on them at the instance of M. M. Dupasseur & Co., ship owners of Havre, who alleged that they had a claim on the Confederate Government for a million of franc, as an indemnity for the willful destruction of their ship, the Lemuel Dyer, with a cargo of 2,683 bales of cotton, when leaving New Orleans in April, 1862. France not having recognized the Confederate States, Dupasseur & Co. could not obtain a remedy by diplomatic means, and therefore adopted the expedient of seizing the proceeds of the loan.
Erlanger now applied for an order to annul the seizure,