New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1876-07-30
a TELEGRAPHIC JA,iBOREE.

Loud the stIaiu probing,
a TELEGRAPHIC sA,iBOREE.
Building of the Chemin de Fer de l'Etoile
du sud.
There can no. be any doubt abou. it. I
am the unhappy cause OF the Prusslan iu-
vasiOn. The homeless citizens of Aisace
AMI Lorraine owe their repatriation to me-
TIE horrors OF thu Commune are my work:
tha downfall of the Empire. the debt, the
taxes, the destruction Of the equilibrium OF
Europe, which rested on France like
Lever on is tuicrum-ot all this I am the
doomed author Yet, behold M, Here l
am ia this small apartment du qndtor=ie;le
lobby B, room No y q little man with
round gray head, a mere ra7ech du BOmrse,
tho Areck, sir of greatness rlat never got
ripe Dame ( never mad the opportunity.
They never shook the tree on which
I grew was bora for finance. Give No
'h5 fed, make me- your minister, your
Gladstone, your Turgo-, your Nsokar.
will show YOU how to deal with the funds.
They should 90 up. up, Sir mp 30 nigh that
the State could buy al. its own rentes in
with their own premiums, and so the na-
tlo1al debt bs made to redeem itself. Nota-
Ing Is impossible to genius. But for the
most att-oc:ously treaeaerous syndicate
YOU may conceive tie inherent baseness
when tell you it was planned N Berlin
and consun mated III Hamburg and Frank
fort-bl. for that syndicate France to-day
would not bs dismemberej and l would
be the riva. OF your Rotnscni.ds, your
Torioaias, your Bar.ugs-a power in
Europe Bu7, as said before, it was my
fault
1. cana ABOUT in this way. went to
70, ri, ,tfn ,,
OF Finance, ny scheme toc paying the
national debt Of ths American republic. l.
Is AL simple; IN the shell of a uu.. You
ows two miliia-de. NJ. McC1iloch. Very
well IoUr hves a-e at par; your SKIES
have a premium of fifteen. Very well.
then. Ca; n your sizes as taey mature,
and sol your sevens to pay for them. They
WI. f5vcn twenty-five premium. WneC
you have sold two mi:.iards ot s7vaus
then you have half a m:!llard surplus.
vh.cl Is one-tou-th your debt. Sci. two
more ni-liaris you have a miiiiari eur
plus Sell iour More billiards. a1d you have
two nl!i.a-is surplus Then your debt Is
pad. What 60 you do with the m.,iiaris
received ad interim. you ask, Lend them
to your people of course at seven par cent,
SO as 70 los9 40 interest. Would you be-
!ieve IL, II McCulloch hal tbs ias3lenes
to danouia ata ms. IDIOT But whlis | was
waiting toc NJ. McCulioch to accept MY
chaiIen &c to wipe the insult out il gore.
studied the American system OF railway
management. learned soma things. When
NJ McCuuoch baseiy refused 20 coMoa-
himself with me- 1 return to Paris. I am
full Of IDEAS.
| propose % my partner to put my ideas
IN p-aotice Ny partners name Is Bacthss.
OrIhenio Barthss, and nine is Achanase
Ta.leyrand Dsca-frm of Deco, Bacrias &
n, N-i3
who had 5000 Irancs In our business
NJ. go Rue Garanciere is our place 0.
Worship 20 Piurus We gather oar resources
together. we hypothscaIe our shares. take
million aai aal. IN my pocket aad go 70
Iassy-beisr Of Moidav.an city. Ths
Moidav:an notaOlss are IN session. l am
not G;pl)matIst-! 90 not know now %
speak the atrO:lons mixture OF tongues,
LaC.a. Turkish, Bohemian, Slavonlc. which
they cal. their language. l am not ae-
uuaintsi With his ferOclous Boyardsh,o the
HospoIa-. I do rot know the laws of the
Diet nor the elements OF the constitution,
but l am born tnanc.eE. play bez!Gue,
lose n. lion 20 the Cheerful. nobility and
gentry who make laws ald eat the corn.
wine and ol. OF those pains BY divine right
francs cJ1tSi14}ere EGtt-and l OBTAIN . con-
csss.oa TOR the firm o. Dacl, Barthes q
Gle ID build railroad from Tchernowltz
tive years: It Is to De 2i5 kilometres long.
AMI we have the privilege o. issuing SUD-
sc-ip-ic1s for 800 900 shares OF stock a. 100
francs the share, and some other privileges
worth good deal Of money properly man
aged.
I return TO Paris. Ny engineers have
surveyed the route. Tle cost OF the road
VII. be il round numbers 10000 francs per
ki.onet-e say 10000, 900 francs in all We
begin operations IN Moidavia aid at the
BoUrse simultaneously. We borrow l0O00,-
0)0 upon our franchise and build ons-tou-th
ths road. We Issue our shares. putting
10000 of them in toe hands OF distinguish
ed persoaages, retaining 10000 in our own
hands. To complete the road and pay our
debts, We utter bonds of the Tcnernowi,z
ami Gaiatz raIlroad-lG0, 900 bonds Of the
par value OF 500 francs. We sell these
bends, bearing i've per cent interest, at
fifty ID sixty per cent OF their face value.
There are many people eager to invest a. a
ter per cen. security which is guaranteed
BY lstingu;shed personages, councillors of
at Ats. etc., in which It ls even said members
OF .hs imperial family own shares; the
bonds are al. sold IN few weeks, anu the
building OF our road Is an accomplished
fast.
How do we stand at the moment of in.
our great enterprise We CON-
prise syndicate OF Partisan bankers: Deco,
Barthes u Gle: Zoia & Lombaerts. Dur
Verdague-, Da.p g. LIE Cost. We owe the
following immense sums.
Francs.
Deco Ba-taes Gle (advanoed). .,...... l,o0JO0J
Construction account Z. and G. ra.
Purchase OF i6j,6j6 shares T ana G. rai. ','''''
1921 stock shares, bought back from
distinguished patrons par........ 1905, 900
Tots.. ACKNOWLEDGEMENTS. 5000 900
Coutr3-
)ue hundred thousand bonds
al 800 francs average.......32 Dod 041
Receipts 7. Az. G. ra.l1Oad... 500 5o9-33 SO 900
Set ,it:es................... 23,5oo,oeo
Two hundred and fifteen k:Ioneters of
rairoad.. Observation-Disclosures. 5000 00J
s-tgage on same. Observation-Disclosures. 81 0J0 300
i've huadied thousand shares stock,
actual value. ACKNOWLEDGEMENTS. Il
This financial exhibit might seem unsatis-
actory. The road and plant was worth |
0000,0Q francs less than the mortgage OF
:. Il promised to pay nothing. The shares
lad no value. To get our money back, |
Without saving the road, we must sell our |
hares n open market for forty-seven. The |
'p9ratiou seemed Impossible. But genius |
las resources beyond the computation of |
ne book-keepers Of the Bourse. Deco, as |
Old you, is a genius. He is born imam
Ter. Ii he had been minister, the name of |
Athanase TaIieyrand Decq would shine |
'ut Blu. the trees that bear such fruit are
lever shaken in time
call a meeting of the syndicate. lay
ny plans before them. "Messieurs, we |
must proceed pAWericais. We must
'ool on. shares. You must put 100000
rancs in my hands, and ask no questions.
Know nothing. See nothing. Hear nothing.
cave all to me. pledge myself, when the
hares csma to the Bonrse, they will start
vas consented 20. The 100000 were lent
0 me, without condition. I arrange with