The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1877-04-06
THE LEGISLATURE.
The senate.

present.
Tho President read request from Senator
Boatner, Chairman of the Committee on Lands
and Leyees, asking that the Senate take q recess
OF half an hour to allow the committee to con-
tlnue its sitting, as they were engaged in per-
fectlng some arrangement with the Levee Com
pany
The recess was taken, after which the roll was
called and q quorum answered.
message from tine House announced that
that body had passed Senate bill No. 1H for the
protection OF game; and House bill No. 226, rela-
tive to cleaning vaults.
Mr.. Breaux introduced Senate bill 145, TO estab-
lish ferry across the Atchafaaya at at simms-
port. Referred.
Mr.. George introduced bill relative to draw
ing talesman juries in Orleans, whore the parties
ferred
memorial Of citizens against tho Barataria
Canal as antagonis:ie to the Eads jetties WAS
Mr.. Eustis introduced Senate bill 147, to pro-
vide for revision OF statutes OF general charsc-
ter. Read by title and referred.
Mr.. Steven asked that report OF Conference
Committee on the revenue bill be adopted. The
report was adopted.
At instance Of Mr. Robertson, the report Of the
Conference Committee on House bill 162, relative
to the. fees OF the Criminal Sheriff OF orioans
was adopted.
The Senate joined the House to ballot for
United States Senator and shortly returned.
Mr.. Steven, for the Finance Committee, re-
revenue bill; and favorably on House bill No. 278,
the Funding Board bill. The object OF tho latter
is to make the President OF the Cotton Exchange
and the Fiscal Agent members Of the board.
Report lies over,
The pre- eferred calendar being reached, House
bill No. 241 the Barsaria Canal bill was consider
cd as the unfinished business Of the previous day,
when the pending questions were amendments
proposed by Messrs. Robertson and White, fixing
the exit Of the canal.
Mr.. Zacharie said the company was willingto
accept some point as the exit OF the canal be-
tween Verret's Canal, below the city. and the
ofe. ed an amendment accordingly TO substitute
the words "between any point opposite verrets
Canal and one hundred yards above Harvey's
Canal" Adopted.
The first section was farther amended by MIR.
White by adding at the end OF the section AZ
printed, provision that there be no other exit to
the Mississippi within the above limits under PEN
atty OF forfeiture OF charter and property with
out costs to the State. Ike amendment was
adopted.
Sections and 8 were adopted as printed.
MIR. Eusts offered an amendment TO the fourth
section requiring that the, company shall not en-
joy corporate privileges till ten per cent OF the
capital has been paid In cash.
AIR. Eustis thought this moderate require
meat. Either this is chime'ical project
or it is serious project wh1ca after
purposes of this amendment. He desired only to
pro ect the people from impositons such as they
had been subjected to by corporations pretend
iug to have millions in their Golfers.
Senator Allain in the chair.
Mr.. Eustis' amendment was modified by MIR.
White 80 as to allow the company to have COR
porate privileges in the meantime, for the pur-
pose of organizing the company and subscnp-
tions.
Mr.. White, as friend Of the bill, and without
suspecting that the scheme was chimerical. was
disposed TO guard against granting charters for
speculation, such as could be disposed OF without
any money being contributed, where no onus Is
imposed. He instanced the case OF the Crescent
City aaslight Company as one that profited by it's
charter without doing any work.
Mr. Goods said Harvey's Canal was private
property, and the company, he presumed, would
have to treat for the purchase OF hat canal; be
thought the amendment useless for any good,
and only calculated to prevent the company from
carrying out the great enterprised contemplated,
by restricting its movements. He, therefore,
favored reconsideration Of the amendment.
Senator Robertson In the chair.
The amendment was reconsi1ered by vote of
II tot.
Mr. Eustis offered an amendment in effect re-
viving Mr.. Whites amendment, with his own.
Lost; yeas 2, nays 13.
Mr. Garland offered an amendment instead to
the fourth section providi g that the company
shall begin the work within five and complete it
within twenty years. Adopted.
On call OF Mr.. Breaux the Senate went into ex-
ecutive session, which was shortly raised, and
the bill resumed.
The fourth section Was adopted as 1t had been
am nded.
Section was amended 80 as to require the
proposed locks to the canal at the Mississippi
river to be approved by the state Rsgineer.
Section was adopted.
Section 7, relative to tolls, was discussed by
Messre White, Iacharie and Goode, ON proDo-
sition of Mr. Whites to amend to regulate the
tolls so as not TO exceed IL per cent Of the
amount invested by the company, the city to
have the right to examine the books Of the COM
Tn aaa 4 vvffh
Mr. Goode argued that competition by other en-
terprises Of the kind should his prove profitable,
would best regulate such matters.
MIR. White proposed anothsr amendment that
the tolls should not exceed Is Ier cent. Lost.
The section was adopted as printed.
Section 8 was amended by striking out the
clause exempting from taxation for ten years, and
providing that said canal shsn be completed TO q
depth of not less than Is feet through its entire
length, withins20 years from the passage Of this
act and that nothing herein shall prevent the
entry of lands by others during the years above
mentioned.
Section was adopted as printed.
Section 10 was slightly amended.
Mr.. Eustis moved to strike out section II en-
tirely. He had heard the large figures of the bill,
$40 000 OOO given as reasons against amend.
ments which he had thought proper to suggest.
He found that ont OF 100 800 shares, representing
ten millions Of dollars, fifty Thousand shares
were to be considered as full paid sto to be is
sued after the depth of the canal named in tbs
bill had been paid.
uit is true that the company ask for nothing
why should the State give fftv thousand shares
to this corporation? He was, frankly opposed to
the bill, and had end ayored to improve 1t. This
feature of the bill would not challenge the admi-
ration OF his constituents The scheme once
carried through, and now operating most se-
riou,Iy, which had well nigh divided the country,
was the Pacific Railroad scheme, with it's enor-
nous amount of preferred stock. The Congress-
of the United Stat was now hating to do ius-
tice to the people Of the South on account of this
very feature of the Pacifc bill.
MIR. Zacharie said the friends of the bill would
not oppose striking out the sections
The section was stricken cut.
MIR, Eustis offered substitute for the last sec-
ton, that the act shall not take effect till after
he company has been Incorporated by act OF
Congress. Tabled.
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