New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1873-06-09
LOUISIANA AFFAIRS.

A FALSE IMPRESSION OF THE STATES FINANCIAL
CONDITION GIvEN oUT-sALE OF NEw-ORLEANs
AND MOBILE RAmROAD-THE GRANT PARISH
JUDGE INCOMPETENT.
GBY TELEGRAPH TO THE rRmUER.l
NEw-0RLEANs, June S.-NObOdy in the North
should deceived by any statements telegaphed hence
on the authority Of the Kellogg Government In regard
% the financial condition Of this state. Mr. Kellogg Is
convinced that unless turnipubic opinion in the
North which he knows 20 be adverse 20 him, aud
inspire confidence in the honesty and economy OF his
administration, he has much % fear the meeting OF
Congress. One of his chief aims is to improve
the credit Of the state ana thus the support Of the
great moneyed interests Of the country on the ground
that any change in the Government here will result IN
great depreciation in the value Of state securities.
That the late advertisements published here ana teie
graphed over the country, that the January anu
February interest on the State bonds would De
paid on Monday last was nothing but a cheap
trick TO gain the credit OF SoNenos
tbopt having for IT, those who had the Interest oou
Dons have before this found cut for when the coupons
ere presented for payment they were met by an inunc
49,, ts,ed nv the slate Court, the petition Of Air
VaIIog,s Acknowledgement, Field, ordering the money
"a bn withheld. As Field is Mr. kelloggs
confidential adviser, aud as the court IL
o1so Indirectly under his control, 1t is
Relieved that the whole matter was arranged by Mt.
Venorr and his friends in advance, and that there
never WIS any intention to paw the interest Grave
doubts arc even expressed In high financial circles OF
The truth of the assertion teegTaphed hence Gay OF
two ago by State Auditor ChutOn that the money Tor
the pavment OF the interest had been deposited with
the State Agent. The first and only publication IN
Sew-Oreans thus far that any injunction
has been granted was the obscure reference 20 the fact
contained M Auditor CintOus Dispatch which was tel
egraphed back here the Associated Press ana when
MI Kellogg was asked about it be gave an evasiVe
answer conveying the impression that the imuncuoh
had been granted In response TO the petition OF ioreeh-
that IA Northernhoders OF certain State securities,
and not at the instance Of ms own legal representative
By the sale OF the New Orleans, Mobile and Texas
Railroad on Friday the State OF Louisiana loses It's stock
In the road subscribed in ISL and amounting 10
aOaOOO In addition 70 this the State mas guaranteed
the bonds of the road % the amount OF S5OG TOT when
tthods mortgage Of mile the part OF the road
completed west Of the Mississippi River second 70 another
mortgage for ike amount. InG has paid 70 the company
a bonus on its completed track Of S50O0 None of this
aid was given on account of the section OF the rOad
from this city Mobile, which built without state
assistance M. KeOggs petition for an Injunction 70
stop the sale, IN order 20 protect the states
interest in the road, was simply formal and not
intended 20 interfere with 70; for though tine sale
had been advertised for so DAYS, Mr. Kellogg did not
sgn his affidavit aud petition until Thursday afternoon
and il was not presented the Court until the sale had
begun Is the general impression that as the States
interest the road worthless, except its mortgage
and the old Company could not 20 on with the consruc
ton Of the road it better TO have it sold, especially
az is believed that the purchasers viii complete 1t 20
Houston, Texas.
The principal citizens AID propertvholters ~ Grant
Parish, White aud coord including Mr. Kellogg
Sheriff ana other prominent radicals, have sent pe
ton u she Acting Governor asking for tne removal OF
the Parish Juf ~, Mr. r grer VINO was Installed AFTER
so much biOofshcd. The parish accuses Mr. Register Of
constant drunkenness ana describes him as every way
unit for ms position.
The Pres dent OF the View Orleans Board NJ Health
reports reat decrease u the number OF deaths from
u H. h.
deaths reported Up 40 o'clock, yesterday was on!
four. and none had occurred within twO days.