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The Daily Dispatch: June 5, 1863., [Electronic resource] 6 0 Browse Search
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The Daily Dispatch: June 5, 1863., [Electronic resource], Attempt to obtain the proceeds of the Confederate loan in Paris. (search)
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 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, on the ground that it interfered with their rights as negotiators of the loan, and that the question involved poin argued that the Confederate Government was the only party entitled to demand annulment of the seizure; but the President decided that as the seizure had impeded Erlanger & Co.'s operations, they had a right to demand its suppression, especially as the claim of Dupasseur & Co. had not been legally established, and he accordingly g