New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1874-02-27
DEBATES IN THE HOUSE.

Fourteenth Days Proceedings.
IN COMMITTEE OF THE WHOLE ON THE FUND
ING BILL.
Mr.. Allan in the CHAIR.
Mr. Benham, of CarrOll-Mr. Speaker,
rise for the purpose Of placing the response
bility OF section fifteen where It belongs.
send to the Clerk copy Of bill that was
handed to me some days ago by Governor
Kellogg, which he said had the indorse.
ment Of the Chamber OF Commerce, and
was drawn up by jurist and q prominent
one. 1t will be found that the entire sec
ton appears in the bill. My object in this
proceeding Is to set the House right. 1t
has been charged that this is a job and !
want to show, and all have to say is this,
that if it is job the Govei nor is interested
in it, the Chamber of Commerce is interested
In it, as well as others OF the oldest and best.
Mr.. Demas, of st. John-I have substi-
tute to offer to this section (fifteenl. will
send it to the Clerk.
The Clerk here read the substitute as will
be found ia the House journal.
Mr.. Mathews, of Tensas-This amend
ment meets with my approval. 1t is the
same as the Committee on Ways and Means
reported. 1t is cut out Of the bill which
they reported, and l want to see it in the
one under consideration.
Mr.. Jarbert-I do not see how any gentle
man can object to the proposition.
Mr.. Carl am totally unable to under
etand the position of the friends of this
measure, although have tried hard to do
it. The substitute offered by the gentleman
10 the same that the Committee on Ways
and Means recommended. ] favor it; it
meets with my approval. can't see where
she opposition comes from. think that
better one could be proposed. ! can no,
understand the opposition, and yet have
seen men here that are opposed 10 every
Ia tl,nA &c. x1A rv,tnN tNf In
lican party and the State l am at all times
almost afraid to make any amendment or
offer any proposition because certain mem
bers, through spirit of suspicion, oppose
whatever is offered, and the rest come in.
1t reminds me Of the way they used to get
cattle off boat; they would throw one
overheard and the rest all follow. Laugh
ter.
Mr.. Keating-I think that substitute
should be amended. I'm not willing to
vote for the rich men on CarOndelet street:
! want to make this measure benefit to
She poor people. | am not opposed 20 a
funding bill, as the papers have reported l
am, and ! want the reporters to correct
their statements to that effect. Ihave said,
and say it again, that am sorry that such
action is necessary, but as it is, we must
adopt the measure that will fnjure our
credit the least / have an addition to
make to the substitute. l want to amend 10.
Mr.. Heating sent the substitute to the
Clerk, who read it as it appears in the
House journal.
Mr.. Mathews-Have You figured up the
amount of interest that the State will have
20 pay if ysur proposition should be ac.
cepted and adopted!
Mr.. Meaningless, sir, have; but I can
not state it now, nor do care. We have I
$9,0OOOO0 back taxes to pay it with. My |
position is clear. want these bonds /
funded. want TO benefit the taxpayers.
and not the brokers.
Mr.. BeRham, of Carroli-The rentle,nan's (
s.and is untenable. He proposes to legis::
late for the interest of the taxpayer, and |
set he wants to make them settle in cash (
what they could pay n warrants as the
section stands.
Mr.. Keating-The gentleman knows we'll
enough that the taxpayer would not be
benefited by these warrants. There is but |
h limited amount of them, and if we do as !
|Ie desires it will send them up to almost |
par. and the brokers, who have bought |
them at small price will get the benefit Of !
The rise.
Mr.. Benham-Would it not be better for
The taxpayers to pay ninety cents for the
warrants and get them out of the way than
70 redeem them in the end with interest.
Mr.. Keating-No, sir, because when we
fund them we reduce the debt about !
$3.50. 900.
On motion Of Mr.. Mathews, the committee
.ose.
speaker Lowell in the chair.
The Speaker. by the committee author. |
zed. reported that the committee had had
inder consideration bill known as the !
unding bill, and that pending action thereon
be committee rose.