True American. [volume] (New Orleans [La.]) 1835-18??, 1838-07-12
TIE 'ERUE AM ERlCAN.
EDITED Rv 5OmN asnRsON.
FAITHFUL AND BOLD.
M IL w Ozs LEA VS.:
THURSDAY 49,. JULY 10, lsas

THURSDAY :. 49,. JULY 12. 1898
Election JMaueus-The returns of the late elee-
stions areno.quite allir. When they received
officially a. complete list of the members compri-
sing the new legislature will be made out and pub
lished. in the n, time it may be proper ton
nounce the true complexion of political paRT
according to The returns which have been recei u.
The result, is as complete and successful for the
Wing cause as could be wished. The division Of
parties will be about ten wings TO seven loco focos
in the Senate-nr,bably llto s, as Ouachitn has
not been heard from fully. In the house of repre-
scntalives there will be atleas 81 wings to n loco
}ocos and conservatives, or juste melieu men,.
Returns have been received Of tho election of %
wings to Is loco fscos and two neutral,. In addi-
lion, we have the following returns.
Parish Of Lafayette. -Frncoias Breau (whie) and
Cesar Mouton doco foco) are elected.
| St. .Marl;ns. A!cxander Decloue, (whig) is
| elected.
.4royeue.-B. Bellevue (whig) elected.
Claiborne. Berry Wilson (loco foco) is suppos.
ed to b. elected. This is the last parish TO be
/
| lresrd from.
The repeal Of the deposite act, proposed by
Mr. Wright, passed the Senate on the Cd inst. BY
a vote OF II 10 90 Mr.. Webster entered into
succinct, but eloquent oppose Of what would bs
the result, which may be summed up in few
words. A thousand fold increase Of trouble, per
plexity, and imposition the citizens in thu
payment of duties, lands, or postage. and the
entire and unconditional surrender of the public
funds of every kind soever, without limit, hind
rance or check, into the hands of the executive
In the House of Representatives, on the 4,h July
the bill WINS debated. The second section pruvid-
ing for the repeal Of the frs, twelve sections of ths
deposite bill stricken out and the first section
v hich removes the disabilities Of the bank, owing
70 the five dollar retraction, bu, prohibits an,
banks being used as repositories which shnll ate
October, 1888, issue bills Of less denomination
than five dollars, was passed by vote of l73 I.
81, and concurred in by the Senate by 90 TO II
The bill now only requires the Presidents signn
lure. The following is copy of it.
! a BILL. to modify the last clause Of the 5th sec
| ton OF the dsp,'si,e act of the 23d June, 1886
and for other purposes
Be it enacted, &c. That ;he last clause of tn
5lh section Of the act entitled Gan net to reguat
the deroses Of the public money! approved %
June 1886, declaring That the notes or bills Of n
bank shall be received in paymen, Of any debt du
20 the United States, which shall, after the DIT,
day Of July, 1886, issue any note. or bill OF n les
denomination than five dollnrs, shall be, and III
! same is hereby modified, so,hat the in,erdiciio
as the reception of the bills and no, shall M
continue against any bank which has, since tn
4th day of July, 1886, issued bills of les
de nomnatlon than FIVE dollars, or which shall is
sue any such bills or notes PRIOR to the first day
October, 1888; hu, that from and after the sal
las, mentioned day the bills or rotes of 40 ban
shall be received in payment Of any deb, due i
the Uni,es States, which hank shall after ,hi
date, issue, reissue, or pay out any bill note
denomnalion less than five dollars.
The Cd edition which was stricken out, was
follows:
SEC. 2. find be it further enacted, That the frs
twelve sections Of the act entitled " An act t
: regulate til" deposire OF tho public money! ap
proved 23d June, 1896, be, and the same here
by repealed, excep, far as is above provided
and to enable the Treasury Department ta collie,
any debts which may be due owing ilom ii,
late dcpnsite hanks.