The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1878-03-12

NO. I'll CONCURRENI RESOLUTION
Providing folohe appointment of Joint Com
mittee of the two houses of the General
Assembly for the purpose of. examining
and reporting to the Legislature in rela.
tion to the condition of the finances of the
State.
oResolued l. By the House of Representa-,
tves of the State of Louisiana, the Senate
concurring, That Joint Committee, to be
composed of seven members of the House anG
five members of the Senate, be appointed foI
the following purposes and with the follow
ing powers, viz:
treasury in conformity to and with the
powers conferred by section 81 of act SO, ap-
proved April 20, 1877.
Second To examine the condition of the
financial affairs of the State, especially the
floating debt, separating that existing pre-.
quently contracted. with power to submit
such recommendations by bill or otherwise as
in their Judgment may be deemed judicious
for the removal of embarrassments, if any
settling the same, the object being to adjust
the affairs of the State and bring them to q
cash basis.
Third examine carefully the books OF
the Auditor and Treasurer to ascertain
whether their system of book keeping is such
as to detect errors which may be committed
whether trsl balances are made at regular
fixed intervals and regular annual balance
sheets, and whether the books of these officers
operate as a check upon one another; and
should any deficit exist in these or any other
particulars to propose remedies by bill, reso-
luton or otherwise
Fourth-To ascertain whether any warrants
have been paid by the Treasurer without being
yised by the Auditor, and if SO to report the
fact and offer a remedy by bill or otherwise,
so that no warrant drawn By any other than
the Auditor shall ever be paid by the Treas
urer without having been vised and approved
by the Auditor
FIfth-To ascertain by close scrutiny and
examination whether the clerical force in the
Offices OF Auditor and Treasurer is too great
Or too small, and, according to their finding,
to propose remedy by bill or otherwise.
tSini,-To ascertain whether any warrants
1875, p. 81, relative to the State-H House, and
If so, to provide for their cancellation and de-
clare them invalid.
.Serenth-To examine the journals of the
two houses, to ascertain whether said act No
6 of 1875, p. IT, relative to the State louise
was ever legally passed and ever in fact be-
came law, and to report the facts as found
by them.
Eighh-To ascertain wheth9' any OF the
bonds provided for by act No 1872, page 49,
inohe custody of the Secretary Of State and
State Treasurer, have even been disposed Of
without the concurrence ofthe custodans, and
if so, to examine whether one or both of said
custodians is not in law responsible to the
State, to report the facts, and, if necessary, q
remedy by bill or otherwise.
Ninth To ascertain what bonds, if any, are
held in trust by the State and to report
whether they should continue to be so held, or
be converted into some other form of recog-
milton, so that such liabilities OF the State
may not again be tempered with and ille-
gally sold.
Tenth-To examine carefully into the pro-
ceedings of the Board of Liquidation to as
certain what bonds, interest, coupons and
warrants have been funded, and if any such
bonds, coupons and warrants are still extant
to make regular process verbal thereof; to
examine the office of the Auditor and Treas
urer and all the books pertaining thereto; to
ascertain what bonds, warrants and coupons
have been legally issued and funded, and what
interest coupons on the new bonds issued un.
der act No. of 1874 have been paid, and if
any of the latter are still extant to make
regular process verbal thereof. All the bonds,
coupons and warrants comprised in said
process verbals the said committee shall de-
stroy by fire, so that they can never be used
again, and certify to their destruction on the