The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1878-03-05
FIFTH LEGISLATURE.
SECOND SESSION FORTY-sEvENTH
DAYS PROCEEDINGS.
The Senate.

| Oruer by Tue clerk. VINO, IN tnB unaYDlHaDl8 aD-
sencs If tho Lieutenant Governor called Sen
| Mt = ROBERTSON to he chairo
The roll was c8lled and twenty eight Sen
| ators answered to their names.
The special order. Senate bill No. IL. was
senate bill No. 1Ga, the next special order. an
| act to tnccrnorate and facilitate the construo.
| ton of the New Orleans Colorado and Texas
Railroad was taken up. and the House amend
menls concurred in,
| COMMITTEE REPORTS.
| Judiciary Favoraby on House bill No 300 to
| supply public records burnt in tho coul t-house
In the town OF Leesbu,g;, fayorablv. with
h M House 1o oil mo s a,9 r., df
| the Civil Code.
;, Agricn!ture and Commerce-Unfavorabl on
| Lands and Levees- Unfavorably on Senate
bill No, 1F. relative to State Land ONCE; favor
| ably with amendments on Senate bill No. 2o5,
| creating special levee district in the parish OF
| Catahoua: tavOrably on Senate bill No. 40, pro-
yfding lor lhe survey o. 9ye m we swamp
ing for the organi zation Of the state Land
| Otice and for the sale of public lands.
ACTION ON COMMITTEE REPORTS.
| Upon m act to amend and re-ennct sections
| of act No. 70. approved April a, 1877. defining
whoes lie and retail dealers. and providing that
retail dealers shall not pay Wholesale license.
| eto., Finally passed.
The resolution authorizing the payment Of
| three pages was ado pied
| The report OF tho Committee on Elections in
the case Of Wales vs: Wakefield was taken up.
/ wi Il
had not reached the Senate printed. he would
move t. nuke 1t the special order for .. ~:
Mr.. Wheeler, MS substitute, moved that it be
made tho special order for Tuesday et D. M,
stating that he did so In order that he mi ght
examine the. testimony and perform his duty
honestly and c0nscieuiiOusly.
| Mr.. TwitcbeI remarked that the minority re-
report had not b Gu heard nor made. aud did
not SEQ how tho Senate could fairly aot on tho
| Mr.. Dumon said the minority report would
| be rehdy in y few minutes.
Mr.. White Dom: asked II tho opposite side
would agree to take tho report up TO- morrow if
| his side agreed to mako 1t The special order.
He proposed to. give ample time for discussion
judicial opinion. He proposed to take it up to-
| day IL tho Republican side would agres not to
Mr.. Dumont ussp3 didn't want any unneces-
| sary delay nor any unnecessary haste; twenty
seven Of tho Senators. a1 but the committees IL
| self. had not seen tho testimony and could not
maze up their minds.
Mr. Boatner Dem thought tho delay sought
for was to defeat the Just and far report Of the
take UP the report at once.
MIR Burch, soto pOcP. Ahal
Mr. Demas tltep denied that his side wanted
After a half hours discussion and calls for
the yeas aud maya on various motions. tho
comes UP to- morrow as tho special order.
Senate bin No. Isl, authorizing be eonsoda-
ton of railroads. transfer Of rights. ee.. was
taken up. and Mr.. Boatners amendment offered
on Saturday was lost.
Mr.. Goode Tered an amendment providing
that no transfer +, shall be- valid uuloss within
shall actually construct and operate I'LL that
portion of the railroad within tho State OF
Louisiana. aud failure OF the transietees to
construct and operate tho road. rs aforesaid
shall operate forfeiture of tho original char
ter and the dissolution Of the corporation trans
ferring their rights" Adopted.
mott n to suspend the rules to put tho bill
upon its third reading was ost-yoas IS. nays
Is Ia four illths vote rtauired.)
n n nat tH ant nriy "a fhN1 nu
of the State credit to the New Orleans Pacific
railroad was taken up.
Mr. Garland mafo a speech against the bill,
stating that the State had issued millions OF
bonds heretofore to build railroads. which were
never built and did not thin k those built in the
State had increased the value Of property to
lNIr. Stamps in the chair)
Mr. Zacharie followed will a strong and eff
fective speech in favor Of the bill. and Mr..
White replied In opposition. quoting literally
from decis ons., reports. etc. and claiming that
the loan would be unconstitutional
Mr. Allan followed with an effective speech
supporting the BILL quoting from the DEMO
GRATIS editorials and addressing the Senate as
Mr.. President-As conservative Republican
and a.pretty fair taxpayer 10 West Baton Rouge,
pose to lend my voice and influence in favor Of
the passage OF the New Orleans Pacific Railroad
And sir. shall rs briefly as possible give my
Here Il tie :? speafsr quoted the DrmocnArs
Company have $50 miles OF road graded. com
prsing the heaviest work along the whole line,
leaving 100 mits OF light chnl actor Of grading
to make continuous line from this city to
Shreveport.
The estimated earnings of the road are set
down at the low figure Of $4,000 per milo gross.
which would leave. allowing 80 per cent for
operating expenses and taxes, the sum of s2500
per mile net earnings. applicable to interest,
whereas less than 1882 per mile will pay the en-
tire interest charge of per cent on IS, 900 600.
the amount Of first mortgage bonds. and which
by the bill cannot be exceeded.
=, The Jackson. Railroad. from New Orleans to
Canton. running through poor country.
earns $4,000 per mile gross.
The railroads from st. Louis to Texas earned
last year s964o per mile gross. and these roads
have very heavy grades. whereas the New Or
Jeans Pacific is. for the most part. through a
rs many loaded freight cars rs an engine on
the lines to st. Louis can haul. thus adding
greatly to the earnings, Of the road, and de-
penses as compared with the St. Louis roads,
besides which the. New Orleans Pacific road Is
ao 6e ina ra ST. 9 o
The great advantages in the New Orleans
road ares owing to the very level country
done cheaDly. few bridges. and the greatly re-
duced price of all railroad materials, and there
being no competing lines.
when built. and In the case Of the Jackson
road, owing to the disastrous effect of the war,
cost on an average $4,000 per mile, to pay per
cent interest on which they would require to
earn $4,000 per mile per annum net. or three
times (nearly) the amount of the annual inter
est charge per mile on the New Orleans Pacific.
We cannot now expect immigrants TO our
State. because we have few or no facilities of
travel. but when we have q road running
through the middle Of our State nearly it's
whole length. and that through it's richest por-
ton. the tide of immigration now setting into
Texas will set into this State. because the set
tier will then have a cheap permanent and
speedy mode of marketing his produce at u
seaport market.
A width of ten miles on each side of the line
of road for 300 miles-and ths road will run for
500 miles through tho State-would contain |
think. about 1000 900 acres of land which. if
only enhanced in value to the extent ofos5 per
acre-thus adding $50 900 900 to the assessment
values-would give. at l per cent. annually to
the State treasury $500 900 or 900 in excess of
the amount required to meet the inter est on the
81 DOC. 900 OF bonds asked Tor by tho railway eenf
psny. but for which interest ample provision is
mnAa n the hill