The morning star and Catholic messenger., 1878-11-24

rage, CSe new compile proceeded to HckSburg,
on visit to sister of Mr.. Won der Haar, one
of the mem bers of the Community of Sisters OF
Mercy domic.lated there. They returned to
this city last Thursday morning on the j. NJ.
Hhite May happiness and prosperity attend
them through their welded life.
THE NEW COUNCIL.
Judge Rghtor, of the Sixth District Court,
having decided tha the writ of in oncton was
not the proper re me d. for those who con tested
the election of the nominees of the Democratic
party for municipal f1ices, and tho Assistant
Secretary of State having issued certificates
showing The vote pol,ed for each of the candi-
dates, May or Patton and the members If the
New Board of Admin istra tors took their seats
last Monday. The lobby of the Coun oil Chamber
was crowded to it's utmost capacity. As the
credentials of each member of the New Board
were read his predecessor in flee took him
by the hand and escorted him to the seat he is
in future to occupy. When ex-Mayor Pi'sbury
transferred the gavel to Mayor Patton the
enthusiasm of the lobby displayed itself in
hearty cheers. The New Council adjourned
till the following day without traussctiug any
business.
On Taesdsy, at noon, Mayor Patton called
the Council to order, all the members being
prt sent. In breathless expectation the lobby
listened to the reading of His Honor's Inaug-
ural Message which CON msnced thus:
Elected by the people of New Orleans to
manage it's affairs for the next two years,
solemn duty rests upon MS so to discharge the
trust confided that we may secure the approval
of our own consciences and the respect and e.
teem of our fellow citizens.
Chosen by party organization. it is equally
/ - oek 49,
| are our constituents, end that all our efforts
hould bs directed to advance the interests Of
the whole community without regard to GLASS,
corporate or private interests.
In other words, that we must do our whole
duty in M anly, straightforward manner, with
out fear or favor.
1 believe that these are the sentiments cf
each and every one of you, and hereby pledge
myself to do all in my power to aid You in car
ryipg them into practical action.
There will be many questions of a perplexirg
character presented for your consideration and
action, and in arriving at a just conclu sion
you must be prepared TO meeG Inisrepressn ssnta-
tion and slander. fear you cannot escape
them, for the reason that when there SO
many diverse interests to be considered it is
| apostolic to avoid giving offence to some por-
| tou of the comu unity, who will consider them
SegIsysd BY by AmonG the
earnest and constant attention is that OF
finance. OF all OF hers this is the most import
| ant, for on it depends the solutio of all
others.
Having reviewed the foanoial question at
length and having expressed the decided opin
ion that the Premium Bond Scheme cannot be
carried out successfully, the Mayor suggests.
for discussion and Inquiry, thai the debt be
scaled to so cents on the dollar, which would
reduce it to $40 900 .oOO; that the rate of in
terest be fixed at per cent; that each year
a certain number of bonds be retired on the
iDGi hot
bonuses or prizes be given. He cantinuee:
| For example, the debt being $40 900 OOO
| there would be paid
Interest. Redemption. T,hl;
500 :s 75S
debt will be exting1ished, or If the initial
amount for redemption is too great. extend
the time and reduce the amount to Say SlOO COO
| which is the exact sum annually distributed
| in prizes under the premium bond plan; which,
together with the interest, would make the
| annual payments amount to 5000 600 about the
| same which would have to be realized for the
| allotment under the present plan for the year
| 1879 and the debt would be extiD guished in
| thirty-seven years. 1t strikes me that this or
some other similar scheme should be adopted.
| A clause should then be inserted in the contti-
tuition requiring that the tax should not ex-
| ceed one aud one alf Il y per cent. and limit
| ing the debt to the amount agreed upon, such
limitation following the reduced debt until the
| whole ia extinguishe6; and that the city shall
| never issue any bonds or other evidence of in
| debtedn ness except upon vote of majority
| of the qualified electors Of the city. Fn:iIng
| this, or some kindred planS will advocate the
| insertion of q clause in the constitution of the
State, that the revenues of the city, when col;
looted by the proper hicers, shall be deposited
| with the Fisool Agent of the State, and on bis
certificate shall be passed to the credit f the
CITY on the books of the State, the money only
| to be drawn therefrom by On appropriation aot
| of the Legislature, prepared by the city admin
| istration as it's budget for the ensuing year,
and that no State court shall have power to
mandamus the city to pay any amount net in
paving any just and legal amount therein con-
| taiugd,