New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1871-02-09


eight feet dccp, "''''
NE Chairman: So much the better then.
.,n, Hryan: OF Calcasieu: # they sec fit
~ c"h take Bayou kapides to its head,
may bc twenty miles for all know.
M" send for the engineer who has to make
rs report on il tina. this canal is finished
Sn.een or twenty miles. and then they
every mile
Inc Chairman: The gentleman will keep
euer until the amendment is read The
sSlhlhlt:ce Will pay attention.
Aiter the reading OF the amendments
MI Bryan. OF C.lcasieu: ! wan: to know
toW, IN tie maine OF common reason sense
an" VI all proDrlety. we are going to give a.
.o"pahy 'he rlGht 70 take charge OF four or
we oayous. follow them any distance hey
Eiease and receive $4,000 ner mile \ little
:urAer on yon Will see that :hcv are al
Awed $4,000 for every mile CONNECTED
Inc Chairman: The gentleman will coz
me hi!nsei, to the sixth section.
Mr.. Bryan. of Cairasie:.: | contend ,la, !
have right in a committee q; :le whole to
occupy The '.oor
The Chairman: The gentleman from Cal
e!s:eu can take = pretty vide range. :" tia.
h' does no: 90 beyond TIE fifteenth amend
Ai"nt
Mr.. Bryan. Of C.i.asicn: The h!I! gives
70" much room for speculation. think it
euSht 20 be arranged as :" contine them
; - some proper limit. The bill. does no: say
;Lat they shall use only that portion 81 :he
bayou havides. which is absolutely nercs-
e1ry. They mav use lt.cci miles. get :lcr
bonds. and toric:' the contract. SAYING.
There IS our canal: We DO no: care to go
any further; III IL. same Tine they have
drawn Ih..v fourteen :il",:sand dollars i
mile.
Mr.. Birch, Of Eas. Baton Rouge: Tlers
seems 20 he an objection :" the fourteen
Thousand dollars pei: mile. II understand
The gentleman Alright. When this suhjcc.
vent before the committee i: was'eNamned
very thoroughly. | understand that these
lyons require great Gea! Of work to b"
9o0e. more in some places than m others.
At taxes twenty Thousand dollars 70 clear
first mile. eighteen ;lcHsand dollars :"
car the second nile. possibly twelve
0lOusand dollars 70 clear the third, anu
then possibly twenty-five thousand dollars
to clear the fourth mile. accordin. as OBJ
struc.:onS present themselves, We can ar
rive at no:hn. definite. They ask tina. for
every mile completed. and after SC many
miles nave been completed they shall re
ceive : 600 per mile for til" entire length
of this nayigab!e stream. The gentleman
mir. BrvaE' in surprising that they should
only complete 80 many miles. and tEeu
leave i. asks: "Whcre is the State going
20 be Unidentified for tie money already
advanced = l understand one provision IS
that TIE frs: mortgage is given to the State.
and they do not ask for one cent Of money
until tins work is completed. or so much of
u as Is COM 'leteG and examined by d com
petent engineer. WHO says 80 much OK it is
"a good order. Then .he bonds are issued
Cor SO many miles. They can not sell out
:i,iS contract. hec;,sse if thew did those " no
bought it woGl.i he obliged 70 take it with
she conditions. and The moment they ah:u-
don the contract. it vii, veyert 20 the state.
II was demonstrated in the committee. to
my satisfaction. ,hat there would hc no
Chance tor -. safe to lose. even # the
sTlglual contractors abandon the enterprise
tefore il il finished. ard I think that .tl,e
pro rat. q! :li.o;s. l.r mile is the only
equitable manner !. wiich the contractors
can undertake the completion OF the whole.
That IL not a>%in- IN extra sum for enc
mile and larger eum icr another. t,!t
making II ,ro !a.. .or the whole length.
They can have TO bonds from the State until
some work has been '!oHe. recommended by
:he engineer. and then brougit before the
proper authorities. / believe thc state will
not lose one cent j. they 1ortci, their con
trac. and abandon :hcir work The State
IS perfectly secured. having the first mort
gage upon they w".kS. ANY persons rur
chasing VII have :" purchase with these
provisions. al: Il abandoned the works will
revert 70 the SAFE. i..i> j. the view ] take
q Il.
Mr.. J. Il. Lc.:. D.. Ea.:ties: ! know feel
.Lat i viii cost :ar ln"re than fourteen
Thousand dollars per mile 20 cXcaya:e and
c!e"n out portions OF these bavous. Some !
parts are so filled with large trees and OBJ |
.tructions tina. !, would be almost im,os- !
siblc for a small skin at the present time to |
make its way along between them. Portions I
are filed up almost ~ the bank. 50 that it |
VIII need gIe", deal III excavation to Ill. |
ont and Il great many OF the instructions !
20 be removed. and can see no objection |
20 appropIiating these fourteen thousand |
dollars per mile, especially IA it will he !
cone after this excavation has been made
ard these distinctions removed.
Mr. Carr, OF DcSoto moved to strike out I
tie clause making i; a penal oiftnse /" i'm
Yede or injU.e the works Of TIE company. ~
4 Was uncoLS tltut:onaI.
The amendment WAS accepted by the in
troduccr OF the bill. Mr.. Brown. Of Asccn-
sion. ana the section as amended Was
adopted.
The seventh section was adopted and the
eighth section read.
Mr.. Bryan. CT C.lcasieu: l move to
strike ont 100000 and insert $4,000.
There being 10 second, the amendment
was not entertained. and lie section was
adopted.
Mr.. Murray. Of Orleans: want to he
heard on this floor. move 20 strike out
The Chairman: Il is 200 late ROW; the !
ninth section j. md II consideration
Ihe ninth section having hccn read |
Mr.. Carr. Of De soto: | would call at 7
teEtion to lines ten and eleven. III State
bonds are made payable to the Governor of !
the State or bearer. and | see that this SAYS
''tLe President Of the Bayou Rapides Navi-
CATION Company
The amendment was accepted and the
section AS amended was adopted.
The tenth and eleventh sections were
aGopted. ami the twelfth section read
Mr. WoriaL. Of jefferson, called atten-
ton to a clerical error, consisting ot the
emission Of TIE word ''of" between State"
and louisiana
Mr. Carr. OF De Soto: The company. after
1913. have TO pay the interest on the bonds
themselves. Suppose the company do not
pay this intcrcs; when the coupons come
due. the company have not the money,
what then Will be done In cases of cor
l'orated companies heretofore, when the
State issued any bonds and the company
failed 10 pay tie coupons when they be-
came due. the Attorney General is generally
instructed TO terecloSe the mortgage. l
have no doubt bat this company will pay |
the interest on these bonds; but wa only |
have their word for it.
Mr.. Burci. of East Baton Rouge: The
money on deposit igom year to year will
rover that
Mr. Carr Of De Soto: take il all back.
The section was adopted.
M. Moncurc. Of Caddo, moved that tho
committee rise and report progress. Lost.
The rem ;yip Secf yara Cd !