New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1868-10-23

rency when they had none and supPiled the
deficiencies of the treasury arising from I'M
paid taxes; They knew that on the twentieth
nounced 81. 1874, $50 oft as having been issuei
by " city officials clandestinely, fraudulent
" and without color of law or right.n With
this evidence before them, the holders can
not complain at some delay of the city in
redeeming this money, which has cost the
taxpayers double its value already in the
increased prices fixed uoon everything
bought by, or labor done for the city.
advocate the redemption of this money
and desire 1t to be effected at an early day,
but can not give my assent to bill which
fixes upon the city over q million more debt
than is necessary, and oblige 1t to pay on
that debt 5000, 900 interest In gold,
or at the present rate of gold So, ESQ OOO IN
currency and q total sum OF SIS, 2eO,OuV In
twenty years.
In my Judgment the remedy is simple and
within the control of the Legislature.
| First-The city should be authorized to
| issue its bonds bearing not more than six per
cent interest in currency, payable in five or
changed at par for city money. tax of
one.third of one per cent should
| be collected to meet the interest and
supply fund to pay the principal.
| SecOnd-0ne.sixth of the gross receipts
of the city treasury should be set aside each
month and applied to the redemption of
the notes OF those who prefer to wait than
to exchange for the bonds of the city as
above indicated.
Third-The Treasurer should be pro-
hibited from paying out any more of the
city notes, and those now in the treasury
should be destroyed and any further issue
prohibited.
Fourth-The law should provide that
United States currency only should be re.
caive6 for taypa and othnr OhliUatiOOa dino
the city.
To the last proposition 1t may be said
that .he city Can not refuse to receive its
notes for debts due it, but that question in
wolves the legality of the issue in the first
place, and the right of the State to inter
vene to protect its people from the abuses
of its creature, the corporation of the city
of New Orleans.
With great Difference for the opinion
of the gentlemen of the Legislature who
passed this bill, can not refrain from saying
that | can hardly conceive the provisions OF
bill on this subject, which could be more
Objectionable to the taxpayers of the city of
New Orleans than the one before me. 1t
would be by far preferable to levy direct
tax OF three per cent on the property of the
city and collect it at once, than to enforce the
provisions of this bill.
Respectfully,
(Signed) Fl. @. WARMOTH,
Governor of Louisiana.
Mr.. Ray: move to reconsider the vote
by which the bill finally passed, ana call for
the main question.
Mr.. Lynch; call for the yeas and nays
on ordering the main question.
The yeas and nays were ordered, result
ing;
Yeas: Beares, Braughn, Foute, Ogden,
O'Hara, Ray, Smith, Whitney, Wilcox, Witt
genstein-l0.
Nays; Anderson, Antoine, Bacon, Camp.
bell, Darrall, Day. FRANCOIS, Futch, jerks,
Jewell, kelso, Lewis, Lynch, Monette,
ofutt, Pinchback, Poindexter, Thomp-
son-1S.
The Senate refused to order the main
question. ..-a H. ...
The Chief Clerk of the House appeared
with message from that body, announcing
concurrence in the following Senate bills:
Joint resolution No. %, relative to the
sitting of the joint committee on the late
election and the condition of peace and
good order in the State during the recess or
adjournment of the General Assembly.
No. 252, an act for the relief of William
G. Bell, of the parish of st. Landry.
No. 284, an act to secure the collection of
taxes of the city of New Orleans for the
year 1867; and
No. l79, an act supplementary to an act
entitled an act to incorporate Amite City, in
the parish of st, Helena, approved March
Z, 1861.
Also asking concurrence of the Senate in
House bill No. 279, an act for the relief of
Geo. W. Sizer.
Mr.. Lynch objected to and protested
against the passage of the bill over the veto,
ami asked that the following note, which
was handed to him by third person, be
read
New ORLEANS, October 20, 1868.
! hereby agree to pay to bearer the sum of
two thousand dollars out of the profits of H.
B. 1854, to be paid when bonds are sold and
city money purchased.
(slgnedj JNo. B. HOWARD.
Mr.. Lynch stated that the individual
whose name.was affixed to the note was un-
known to him. -sf ..5.r.. t...-
Mr.. Braughn: / move that special com.
mittee be appointed to investigate the mat
ter.
Adopted.
The President appointed Messrs. Braughn,
Bacon and Lynch on the special com.
mittee.
The Chief Clerk Of the House of Repre-.
septatives appeared with !. message fror,
that body, announcing concurrence in the
following Senate bills:
No. 27s. an act to regulate the annoint-
ment of deputy sheriffs in the parishes og
Orleans, Jefferson and St. Bernard ana 70
restrict the powers of sherifFs in the metro