The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1877-02-23
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foa'ieat da an ffydfnpas sttIt3Ee! UotIfn1 iesa
an NE base ptfufege 10 Tar their fess ,r.s,, Isa
aud three times az Dsueh , building isi, israss
as On h9nest man or honest g5Bei1tfnftl cgtd hars
zone htor; nothing less Ntah Hs b tsleps Of roi,.
es'g o. drsady Impoverished md oppressed pso4
pts under The Rpefiotas parb If rgtpG,iis ,,1,saY
esstsa ~ "getagemea ldrgstg Interested Ii 0.s
hsaintenanes af leeees in tie Btats"
YVES tue sppstits ef these lstef.5Ay sAintg
satisfied here 2 Was The original contract good
to lhsir patriotic effJflH7
:, NO, no. no: there was d dangerous eIatiss Ii.
that contract Az long as tho courts we're infsa
Hi9us OF course they could save themselves In auy
suit for damages, however Justly pns against
thtm. hut tbs courts might some dsy Isaonae
i pure, aha Then there would stand the penalty
section sgainst them. WHIST do they dof Abfds
bs their contract With lbs atste2 MOI thsg a,,ask
/ into the infamous legislative mart If Eet9ps Il
oe,a@saH hsurpstgrv mart at thHta=and have khs
Fsnaity clause OF their contract espunesd by
10 NATIVE eliHgtfneht, granting 10 the EsxpaysiH
n consideration therefor, relief from evsa tssa.
t,on a 70 ths snnftrlons ameuat Of one MIL e,. Us
| ee0aff Ihs laFss contract, nh originally made
| with set ef msn whom 0tir present. Legislative
COMMITTEES brand NJ s'pers9ns not itsatiisd yyitb
tas interests Of ths Btats," ana Wh8as "eIsot
sssBs =; 70 have baen one pf speculation siuplg.s
aia contain olAt, b Y heh gave ii at least flis
decent ssnbaaee 6f fitness; the ssnsnttatuars
largely interested Ia the taaiHtsHahes III levBsa
III Tue STATE" bought sottb The franchises OF tI,s
spedthtps, aud VI thes sought ths abragstign
81 all liability their part 10 th6as whose money
they sksoted through The nsdittta Of LagisIa.
snfa Ia hoWise rep essatibg The ps6pIe taxed
| - Lhe prsssnt lsvee company undertook one Of
me most gigantic works OF the #Es-=hs fs-
building, repairing aha tHainteuanoe hf ss igaess
tron Atksiisas TO the Gulf. What wers their fss
| sonreesf Or, In Uthfr Words wbst Guaranty had
tue property holders Of their ability to faHl tbs
enntfHot7 Egtbing beyond the psltry san iii
$4,000 y, which they say they have contributed
from from thsir own pooAsts. and tho power 10 extort
from an Impoverished people thrt times III
much Tor constructing lssses aa IL could lsgiti-
fnatslv be dens for. What has bssp the restilt9
Nothing less than absolute failure and t1e In
hleMon OF the loss Uf untold thousands ungy1
their taxed victims. The waters Of the Missisa
sippi He stsgnsnt around ths dss1lstsd benses of
The honest and thrifty toiers of the Land. women
and children want even bread and gIetlsi1ns
while ths lsyss company, who are for The niosf
part gsnt1 men largely Interested In the msSf,tes
ush0s pf levsss " The gtate.' land whose every
interest IL protsoted,, and who are under every
principle of ordinary law aud Justice, Responsible
for their wrstohed condition, stand 1T the doors
OF The lsgislativs balls asking relief from ts.er
contract 7 and indemnity for alleged loss
sss vs assss o aea r. ys gns g sa. .h g
oommsnd-@rnoney enough 10 put the levess ID
once in perfect condition waiting on the tAxa.
LION o. tWsntyaons years for their immense pro.
hts, while We could pot hays sanctioned the eth
VICIOUS features 0f the contract there would stiII
have been for The people something Of gstsd pro
quo Az ID 10, they entered on the lege6 building
business ~ regular stock gamblers as ever
grssea r aisgfaesd Wsll street. They put up
paltry "margins against the Mississippi riyefs
regular "bears," they ''marginsa' aAaiaHt his
rising high enough 10 break the levess. and II,
taver ef their having time To do NIL necessary
WON Win the peoples money gaid thrsefyid; but.
~ has happened 10 "bearse before. ttisy mis-
calculated and their "mafgiu' has been swept
army.
Our legislative committee make eopeiss RI.
port q the financial condition of this eofnpany,
hns hat
circumstances" there is 4 baJaae5 sgaittst the
State "of about 100000 which, ut The and ii
| twentysons years, would amount To ii. 800. .0fy0s
And This financial exhibit ID followed By lls ex-
lrsordinary compliment TO tho effect That ths
| large amount Of work dones aud the oommspdss
bic energy shown by The Lsvss Company sHould
entitls Them to The thaaks OF nli their fellow
oitzsnsI And JET after this comes tho nm
nen cement thai +" The condition Of the ieyees Ii
| father rretfogradiBg than impsoviug.s
| .Ihanhs for what7 For doing large amount
q work with tho Acknowledged sum OF s2. zgg.~
25o added TO tho 100000 which the company
eHim To have put In, Or nearly s5. 900 600 ln all
Ought not large huouut OF work To be done
VIM 30 large an amount 0f money? And wcnId
nos tho amount Of york done hays been inttnisaiy
greater had the monsy Of The people been hofg@
rates
The Legislative COMMITTEES seem to haye given
put narrow range w their inyestgatiDH, viz: tbs
ilnsnclal condition of the Company and The a1eB~
EG.
~ considering these points Ii seems 10 NJ that
they should inevitably have been led into an, *.
haustiys confederation Of the origin and preeregs
% well as the existing condition, Of this COM
imagine any other result than the recommends
tion that, 90 the company has no foundation ID
those great underlying principles without which
society must rstrograde--yz: pure srgsnio isw,
truth and irstice4@the Infamous law creating ii
bs repealed and itself be required 10 20 10 the
courts and establish any Just clsirns ON The
pocksts Of the people. The committee say tilas
she FIRST company bad no other than speculative
views, Jet they compliment, and ssk the psopie
70 thank. this present company who bought up
thst contract from set Of nnprineipied adven-
tursrss and then went into ysnai and rgnrpa%
tory legislature, representing none os the people
taxed for ievee-bnidng, and had the only bind
ing clause on themselves eliminated from the
law which gave them existence. Gan selkstulti-
fcation go farther7
Bnt 10 II necessary TO 40 farther than 10 say
that this company 10 founded In damnsbie wrong
and thatit has utterly failed in its obligations 10
the people2 To argue that they hnvs failed for
want OF means 10 10 openly confess themselves
frAnd on IN oppressed people. They came into
possession OF their franchises with grand four
ish Of trumpets that especially and loudly sound
cd the notes Of responsibility and pecuniary re-
sponsibiHy. Granting the first for the sake of
argnment, the second having utterly and prompts
" spiayed ont.s It, like any other fine word, can
butter no parsnips. Honesty and money win
beat responsibility any day at fxilding Iayosg,
The writer Of this has 10 kssp up . long river
front; he has had every year 10 repair tis leveee
there, as well as 10 largely assist his nejghborg
for miles up and down the rivtr, neglscting the
crops In tilling season, and annually paying the
full tax In for the benefit Of the Levss Company;
but not one cent Of assistancs has this company
eyer rendered. And this ID the experience OF the
planter from Arkansas to the Gulf.
We have Eat down TO the unpleasant tack OF
arraigaing this gigantic monopoly sEd parasitic
ON legitimate and honest toll, simply 10 direct
the public, well 40 the Legislative eye, to it ~
ills. We have lived long enough in this world
TO know that there In little to be hoped for By
q struggle between them and corporate monop-
olies. In the first place, tls Legislature, which
Is supposed by the people 10 represent Their In
terests dlone hesitates not To fix upon them ths
parasitic corporation; and then eyery subsequent