The Louisiana Democrat. [volume] (Alexandria, La.) 1845-1918, 1867-08-07
NEW 0BLEANS CORgESP0NDEN
NEW ORLEANS. Annnst Cd. 1867.

NEW oBLBANS C0gRESP0 NDENCE.
NEW ORLEANS, August I'd, 1867.
Friend Democrat 1t is surprising that
the South has done as much as she has,
under the rule ofproscription and tyranny
which has been established. Even at the
Paris Exposition, where competition is
brought to the highest pitch, Louisiana
stands second on the list of American
States-and the United States colors ex-
hibited by our State has taken the first
prize. This is encouraging for "poor old
rebel State " and shows that our people
have the energy, tact and skill, requisite
to commanding a leading position, if
peace and quiet were restored so that they
could do So.
Governor Throckmorton of Texas has
been found an impeachment" to the sher-
idan policy and has been removed. This
step is one that has long been foreshad-
owed by the reports from that State, and
has probably been deferred this long, only
awaiting the riyeting Of the bonds by
Congress.
A report has been current here for some
time Of serious trouble on the Jackson
Railroad, between some of the officers of
the road and number of workmen who
have lately been discharged from the en-
ployment of the company. Last evening
it was said that three or four miles Of the
roadnhad been torn up and considerable
damage done. Several efforts have also
been made to throw the trains off the
track, apiece of deviltry, the perpetrators
of which, if caught, ought to be hung. A
man who will try to crafty his private
spleen by thus endangering the lives of
hundreds of innocent people, who are in no
way parties to his quarrel, is fend in
human shape, for whom hanging is too
good.
The best proposition yet made to better
the condition of our city notes has just
been made public, and is received with
much favor. 1t is stated the city owns a
large amount Of property which now lies
idle, bringing no revenue, and Of no pres.
emit benefit, and it is proposed to sell four
million dollars worth Of this property, the
proceeds to be applied to paying the notes
in circulation. If this proposition is car
ried out it will re-establish confidence and
relieve the money from the bad fix it is
now in. This proposition comes from the
Controller and has been referred to the
Finance Committee for approval.
The free and easy" saloons which
have sprung up here in the last few
months, have become such glaring nuisan-
ces that people want them closed up
They are o New York and Philadelphia
without which our city would
be much better of.
Governor Flanders is now engaged sign
ing the bonds for levee purposes, and it is
believed that General Sheridan will en-
dorse or sanction them, and that they will
then meet with a ready sale. But ! can
not see how they expect to sell these bonds
at 90 cents or more, when State notes,
which are receivable at any time for taxes
due the State, are selling at seventy cents
on the dollar. There was o time when
State bonds were thought to be a good
investment at over ninety-but these are
more speculative days, and even the most
steady money holders, dabble in gold,
stocks and uncurrent money, where good
margins can be made in few days time
Over the whole matter too, there hangs
black cloud Of uncertainty which will de-
ter many from investing. Bonds of the
State of Louisianas Is there such 4
State7 Congress is now constructing
State, where the old one FUSED to was"
and if the thing is done according to their
idea, and is black enough, biggotted en-
ough and sufficiently ignorant and sub
missive, there may at some q pre day, be
a State of Louisiana. But if there is now
such Commonwealth, who are its legal
rulers9 Who is authorized to sign its OBJ
legations? The Attorney General of the
United States said Military Commanders
had no right to remove civil officers in the
Southern State. Therefore some contend
that Matty is yet legally Governor of the
State But Congress fixed that all right.
They cut off the Attorney Generals tongue
and tied the Presidents hands, then placed
a pen and bottle of ink in one and
sword in the other hand Of the Military
Commanders and told them to "drive on"
: But says Mr. Doubtful, "Despots are
tickle, and if they commend General Sheri-
dan to-day, they may depose him to.mor-
row, and his successor may declare the
whole loan fraud and q swindle-ala
Heath and city money" I" But Mr.. Doubt
full, one Mayor no,o says that all the city
money must be paid, which shows they
had not the power. Pshaw don't talk to
me about the po,uer," says Doubtful" they
can just do what they d-please. The
difference would be great in the two cases,
for the people who hold city notes are the
parties who must indirectly pay them and
endorsing the whole amount they merely
resolve to pay themselves with their own
But these bonds would be held
by monied men, and the people would not
care whether they were paid OF not. There
is no sound basis, no. legal government
that we know to be such, and consequent
ly your bonds won't sell for lack of conf
dence. That's what's the matter" l am
much afraid that Doubtful is right, but in
time "we shall see, what we shall see."
General Sheridan has just perpetrated
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