New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1875-07-20
COmparisOns.

When Colonel McCreary undertakes t
explain again how much better DemOcratl
State governments in the South are manag
ing their State finances than the Republican
State governments there, he ought to reai
to his audience this extract from the Nash
vile correspondence in tho Courier-Journa
OF the fourteenth:
"Ahe State finances are in such condition
that the propriety Of calling the Legislature
much discussed; but it will hardly be
convened, as 10 is believed by many that il
would do no good. State Treasurer Morrow
says the July interest can not be paid this
year, If ever. BY November, when the taxes
fall due, a debt Of ii ,Ooo, 900 in State var.
rants tor borrowed money will accumulate,
and will have to be paid. It 10 very doubt
iul whether the January, 1876, interest can
he met. 1t is believed that the debt will
finally be settled by lowrate bonds, scaling
| or repudiation"
Then, if he wants 10 tell what the State
debt OF Louisiana is, instead of reading
from Greeley campaign documents, let him
look at the official statement published bv
the Auditor of that State on the 9th instant,
winch says that it is e2l ,O99, 100, instead of
the sJ0, 0,00O,0 600 that he asserts it to be-
lhere 10 another comparison he can prOfita-
oily make, too. The Auditor of Louisiana
says IN his statement Of the ninth of July.
which vas published in full in the New Or
Acduo pdpcTk.
The present expenses of tho State in
1nll, &c, Tor all purposes are as follows:
For support Of government. q III 600
ror support of public snhoOls. ........... 400 400
For interest On coneolidat ed debt. t..... lO50 900
Sor Xpe nses Of building levees...... 900
.. Total. %, ,222, 600
If tho Democratic candidate viii ex-
anime this and then turn to the report of
our own Auditor for 1873, he will find that
Colonel Smith estimates the expenses of
kentucky, exclusive of schools for the year
1874 at 81 $40 0l9 l3, and he says on page
tour ct the same report that in his opinion
the necessary current expenses Of the State
TOR each fiscal year thereafter will not fall
below 81 500, 900. There was expended on
schools in the year ending October 10, 1873,
the last year about which ve have any in
formation, the sum Of e928, ,OO7 So The
expenses under tha: head naturally e nd to
increase rather than diminish. Put them
in round numbers at e92S 600, and we have
these figures for Kentucky expenditure:
Ordinary expenses. q 30, OOG
echoo4 expenses. Observation-Disclosures. $4,000
Total. g. 418 900
Or not quite 100000 less than the expendi. |
ture OF Louisiana. which has debt on |
which the interest amounts to ever |
81 600 600, and which includes in it's annual |
expenditure S6OO, 900 spent on leveee, two |
things that We don't have TO spend money !
on, thanks to the sinking fund which cur
fathers established and to our geographical !
pOsitiOn. Louisiana is q carpet bag Kepub.
llcan State, and that is the way its affairs
compare with those of Democratic Ken
tncky and Democratic Tennessee
The same Auditors report for 1873, which
says that Kentucky expenses hereafter will
be 81 100000. exclusive of the amount
spent for schools, says that the annual rev.
enue will net be more than 81 $50, 900, leav-
ing an annual defici. of $l5O, 900 for US to
look forward TO. From tho statement OF
the Nashville correspondent Of the Courier
1t will be seen that Tennessee, |
which il under the third Democratic Gov
ernor since the war, is running deeper in
debt every day, and is contemplating the
prOpriety of reputation. In Louisiana,
the city of New Orleans, which has been
under Democratic rule nearly tho whole
time since the war. is tlounderipg in hope
ess sea of debt, incurred by Democratic
officials, and none of those charged with its
seem TO have the least idea
)f how to make even an effort to arrange
Is affairs. And, a. the same time, the
;arpet-bag State government Of Louisiana.
which has been the favorite example among
vi Democratic orators Of all that 10 extrav-
lgant and corrupt in administration, 10
pending less and keeping within ito in
,ome better and pursuing its financial |
tanding more untarnished than any of
hese delightful Democratic governments
hat we have mentioned.-Louisrilk Com