The Louisianian. [volume] (New Orleans, La.) 1870-1871, 1871-02-09

= ~ Ao'ocitu VIII
doubt NOT, inure to the incalculable bon
eft @of the whole people. Still. .b;sl
that we have granted such aid about
far as We safely can. We must NM
strive to live within our income. t..
reduce the taxes to tie least arnonp, Wy
cessary to conduct the government mo,
, an economical basis, in short time IL.
problem OF the payment of the deb. VII
solve it e.. With e.ce and prospe,itr.
with untold agricultural and nin.r.I
wealth; with a system of improvement,
carefully fostcred by tbs State. cur O.
pital will soon double, and, without IN
creasing the tax, the bonds can be rnr;d
~ retired.
need not specially call Your atteD.
ton to the several suggestions made br
the Auditor. / will, however, note a few
First, some changes are needed in ,bo
revenue law. The Auditor has caresull,
prepared a bill, which accompanies hi,
report. l commend it to your careinl
consideration. One serious defect in tbo
system, the Auditor States, is that ,hs
fiscal year is made to run from Decen.
Der to December. This causes se,iors
complications in the collection of taxes
and licenses. The date WIS fixed to on.
able the State officers to prepare their
annual reports before the meeting Of tina
Assembly. To remedy this evil, the An.
ditor suggests change in the date Of the
converting of the Legislature and that
the current year be the fiscal year.
join III this recommendation.
The Auditor calls attention TO tbs
large and increasing amount of unpaid
taxes, exceeding four millions of dollan
l join in urging You to adopt some nact-
ic Il method 10 enforce collection of the
expenses of the delinquents.
In conclusion, upon the subject Of the
finances, l recommend, in conformity
with the suggestion of the Auditor, that
you consider thepropriety of levying an
equitable tax upon SUGGESTIONS not fall
ing to forced heirs. / also recommend
that You consider a law to require insrr-
ance companies doing business in the
State to deposit bonds TO secure PROMPT
payment of policies. This ms been Sue
cessfully tested in other States. furIh-
! err recommend you to consider plan for
registration and cancellation of bonds
held by those wLo derive permanent
4 investment in such scciritic. by this
means tic tax due from this species If
property could be more readily md
cheaply collected. Such measures would
tend to greatly rodrcc The general taxat-
ton, and wonld relieve the property d
incubus which prevents is movement.
! beg leave to caH your attention to
III important subject, which has never
been alluded to by any previous exeeu-
tive of the State.
IlFE INSURANCE.
In The present impoverished condition
of ON people, life insrrmccis sngces'el
rs the great practica! rem cdy. rev os
TO the desola.ion Of the ,aIe evil war in
j acquaintance with the subject OF Efe IL
surance WAS quito limited in the South
Then it was II rare occurrence to find d
man who had not, by his labor and en-
terprise, gathered around him enoughd
material wealth for the support and edn-
cation of his family i'll the event OF his
premature death. The reverse is now
the case Tho exception is largely IN
! favor of those who, if suddenly taken
away, would leave their families in de,a-
tute or Strengthened circumstances. Inc
subject Of life insurance becomes one u
vital Importance to the man whose nora
duty is to provide for the future comi00
and independence of his household
There are now about twenty-four Die
insurance companies doing business ID
this State, which have issued policies
amounting to many millions Of dolian'
This SUN is designed for the professor
of the widow and orphan. ], Therefore
recommend that you pass such Law III
the government Of these institutions "
will give greater protection and con-
fidence to this great and growlnsm
terest,
| TT LAND SCRIP.
The scrip issued to the State by the hh''
government for the endowment OF u coHse