The New Orleans crescent. [volume] (New Orleans, La.) 1866-1869, 1868-10-25

y
htion on the part of the Legislature to force the
FOLDERS of theee notes to give them mp for len
Than their face. / shall never vote for such .
propostion as that. and am surprised that lhile
ihe senator frora Carroll who supported the'Seu-
ate bill a. It was originally passed, should 90
ttrenuously oppose this BILL
; Mr.. Lynch-f did not support it.
/ Mr.. RAY was under the impression the sena-
sor did support 1t. However, that makes no diff
ference What does this bill propose to accom-
Iplish. IL authorizes the State to issue five mil
lions Of bonds bearing per cent. interesrin gold,
and authorizes the sale OF these bonds for the pur
pose Of raising money to pay this debt dollar for
dollar it is their duty to do. II it does cost
them one or two millions to accomplish 1t. The
Idea Of compelling man to receive anything less
than the face Of the obligation he holds. q kind
Of financial policy and morals do not understand.
!; [Some disturbance here arose at the door Of the
Senate.
The President-The sergesnt.at.arms will put
that man out!
Mr.. O'Hara--Mr. President, desire to explain .
that this man, George W. Nader, came to the
door Of the Senate and called for me, and VIXEN
went TO the door he offered TO strike me- and
when resisted he pulled out his revolver.
! The President-If the senator will keep his seat
there will be no such disturbances.
Mr.. Rsy-Now, Mr.. President when we look at
this bill from plain business point Of view We see
more of that injustice about it which gentlemen
would have us believe. Let me recapitulate. The
first section authorizes an issue of i've millions Of
six per cent. tonds Subsequent sections provide
that they shall not be sold at less than eighty
s s vi Wy oS IN, -. ts ~ ;, . r.
not that fair, straig htforward proposition?
The policy Of the governor, as laid down In his
n;,, 90 N n,asps 90 rsnnd;s,s an honest 5ehts
r. co. 80 ,hosa who ,snght her Schools or
cleaned her streets, or performed any other SER
vice, at the cui rent price, aud received In pay
cbanos bonds Which Are onIv worth six,,, csnrs
on ,hs dollar and lo.a the interest entirel,5 lii
d,serscssnI +, nr,ncinia and rninons N tbs crsit
81 shs 81. e. rranad;ete a cant ~ rbis dsht Pat
ter 10 nav IL tbras fod
Nov ~ IN The COO, Of neootia,ino tbese honda +
do not know whst thew can he soId for am not
in the fnenc;sl circla Ent oold hasring sir mar
cent bonds II thew are taken 10 Earone with a
nronerty ~ Il Al IN, non IN hacs them will in ali
probabii;,v seIl for mora than eghtv cen,s an tho
dollar. ncssihlv AZ mar This nil has NJ donhIe
,r;naa, rrorI Sont <, n IA Mai, hone, nrnro-
st,on II has been before The Ie0isIatnreNt
essential fea,rres of it-for two months mast I
mvseIf have tslkea ahont II with men commenced
With The c;,v government and man thai Il knew
owned nronsrfv and nntiI Recently have nevsr
heard SINGLE objection To IL. -.
Now CIV q word or two about 90 inf rancaa ~
hronob, 10 hsa, ai,har 70 defast or 10 osss tb;s
Hill know noth,ng sbout those Influences. No
annroach has been made TO me nv anybodv. nor
have heard of ANYTHING of the kind nn.il here on
This eoor tnN nigbt Rnt undertake. 10 saw here
,ha, ,Ssrs 10 nS Iac;s,atnrs in anv STATE snd M
C"narsss in CIV cd1ntry wbara jganancss of a ne.
is, ,a,n,ss 90 ~, hronrhI % to- -
s,tsm11,ed ~ he nsed 10 eiisct leoisIstion T do
, eor ~ ~ ,hara ana wSen ,sn ca hs AZ.
10y ~ az ~ ,har nnaht ~ he nno;sbed R,t 1.
$50 ~ 1a a.. .;,h;n ,bae sonna * mv voice who
49, 90, 49,. ,ha, Tonarsss ana N. tsSisIstnras
~ nhe ,s,ss ara os,an con,roS,ad y. nensaces
~ IN h,aSs 81 .a,,, ~, yyn,rh, 80 10
vrn ,.is I'm, ,bs, men sbonld attemnt tbsse
s; ,S,e ra''ra I'm nc"nrs aIsswbara snS
Tam olad 20 hasr ,hst II Observation-Disclosures notb;ng
thar sltbonSb The governor has besn offered $50
y
,Ss ,essen wbv ha declines 70 sicn
~ no hava hssn rnon the
mbieet thai IL no Evidence tbat any have been
;na,,pnceS hv sncb motives- Rut the men Who
seem 70 have ,eceivsd the Offers of bribes were
80, ,nen,hars ~ ,ha Senate Tbav seem ~ have
h hos ,nbbs msmhsr. Thsrsfare 3hers "a no,n;oS
y; 49, a,gynman, and ,ha ;nvac,ivss az oan,iamaS
are entirely nnwarranteS. -
Tha sa,,sy,o- en- CsrroI hos argrsa thu, the
hi .os ;ra,,;svshlv Iiisd in the 9ansa hsfors
W. as 49,, -, a. Sane,. M, !; nnaa,;a
,a,;.n'.n,ar ia. that ,r;oht a5a;, ~ sona
S;.fnss;an IL e NV onn;on that snv msasure can
- a,',a'a, "a M, ,ha ,;,a Sa;ras nndar on
49, CO. a. ,aoansidars,;oa ~ yota a. not
ranniiso, -, rrscaSent ~ Ills zine brt that i
INV onin;on II seems N me that there is M dif
tsyenre hetween a vote taken on a povernor's veto
20 80 500 -, ~, ,,har rras ,;on : 80
an" coin ia need that the hil nIsces too mncb
,orsr Z, ,he bsnds ~ the mayor of this citv.
Thai aenends entirely upon the honesty of the
oficer 4 have obseryed In the course OF nv life
W hen a m m
tsrs ~ his sort won cenersllv destroy the eff
| c,encv of the measure. Now n in This Instance
Won hal made II for the city LeQisIature
or ,be andi,or or the controller 20 confar witb
The governoy in the disnossI az these bonds VEN
tpre TO saw thar thew woud never reach deci.
sion. I know from freouent conversat ons
with memhers Of the Leeislature that this
newer was vested in the MAYOR becanse
ibev had entire confidence in him and
The probab;li,v il tina. n vou had divided II
nothing woud have been accompished. Ia i,
likely that the citizens of this city woud elect
MAYOR who il not to be trusted with Eve millions.
or iye hundred millions of do Iarsf such an idea
il contrary 10 ali INV notions of personal integrity
| / think such an objection is very aimsy. Every
gentleman who speaks of the MAYOR OF
this city speaks of him in the highest terms.
both for his private character and his business
qualifications. OF course to carry ont the pro-
visions of this hin ne must anpoint a financial
agent hecause bis dutres will nor narmt hin, 70 rc