The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1878-03-05
the act would shut the door to all chance of

The holders of bonds issued to the Citizsns'
ane haye ba NOT yG and WI not ays
appropriating the bonds to this railroad. Is
praelr !ly an announcement that NIL those who.
up to this time, have refused to fund shall not
hereafter fund. because there will be con :
soils left to issue. and hence all other bonds of
the state not yet excl hanged will, after tho pas
sag, Of this bill, be regarded as no longer
THOMAS J. SEMMES.
The second was as follows:
think the State may lend it's bonds to the
New Orleans Pacific Railway Company, pro-
,debtedness Of the. State beyond sl5,ooo.ooo, the
limit established in the constitutional amend-
ment Of 1874. And think in estimating the in
State to tho Citizens Bank should not be count
3D. Those bonds. MS between the State and the
bank, represent a debt which the bank owes as
y principal debtor and the State "a n surety.
10 secure the Stnte agai nst its liability on
those bonds. careful provision Is made for the
mt Of tie aGcsuing Interest by the bqk
capital stock Of the bank, For this indebted
ness, in other words, the State is a surety and
It holds good security of the principal debtor to
secure itself
The funding act provides that all bonds or
evidences OF Indebtedness tex up in exchange
destroyed" If these bends lent 10 the Citizens
nix be taken up under the funding act. they
must be cancelled and destroyed: and the re-
suit would be that tho State would take up with
It's own resources q debt Of the Citizens Bank
for whichtit holdsgood security and extinguish
It without any provision for its indemnin alton
by he bank. There is no nw or contract trans
fering the securities held by the State as to the
original bonds to the consols given in OK
change for them.
If the funding of the bonds had been CON
templated IN the funding act think some pro-
vision would have been m. de for the indemui.
these bonds arc funded. the State would be
without any adequate guaranty.
Mr.. Grover favored the bill. and urged its
t,~ n. l. ~.
the loan would not be unconstitutional. AT the
conclusion Of his remarks he called for the pre-
vious question on the third reading Of the bill.
The roll was called. Yeas %, nays 8. and the
third reading was ordered
On q motion to suspend the rules Mr.. Garland
called tor the yeas and S ~ Yens q
Mr.. Goode WAS sorry that he would be com
PEELED to vote nay. but the issuance of tho
b0nndb ne h9qgIh would be qfneGnjtHtiona
They would, he thought be sacrificed.
The question being on the final passage of the
BILL the yeas and maya were called yeas 25,
nays 8, and the bill was f1oaily passed.
BIr. Robertson presented report OF the Con
tingent Expense Committee, which was ordered
Dir. ftoboI ts0u prgsoutrti. ut granting e
tnxpayers the righ t. petition for the appoint
ment OF police jurors in tho parishes. Referred.
Mr. Dumont presented the minority report of
the Committee on ELECTIONS in the Wales
Wakefield case. Ordered printed.
Mr.. OGDEN esied up his resolution relative to
Adopted.
Mr. Grover, from tho Committee on Corpora
lions. reported favor bly, on House bill No. 1875,
Incorporating the town of Jeanorette. and fa.
vorahly on tho bills incornorAting tue towns Of
VermiIlionvlle aud Iinevie
motion wa made to adIonrn until Wednes-
day when nihustering began. An executive
session was called
The doors were again opened. and nllibuster-
ing lasted an hour on the question Of adjourn
ment; tho Democrats desiring Il session to-day.
and the Republicans voting against it.
~, Finally ut o. M. the patio adjourned until
Wednesday. ut $50 q. m. Yeas 49, nays 10.
The House.
Tho II 1use met Mt II II. M Speaker Bush in
the chair, and quorum present Prayer.
PETITIONS, MEMORIALS AND RESOLUTIONS. %
by Mr.. Kennedy: Resolution authorizing
the Sergeant at Arms to detail one and employ
an, ther clerk. Lies. over.
Mr.. keeting moved to adjourn till Wednesday
at y m. and called for the yeas and nays. Lost.
By Mr.. Young; Resolution to LAY the re-
porters OF the daily papers $3.50 EACH Lies over.
COMMITTEE SERVICE.
Tho Committee on the Pententiarv made Its
report. which was ordered printed in tho jour
The COMMITTEES on Contingent Expenses re-
ported resolution ipstructing the chairman of
that committees TO pay L. J. Souer his per diem
coming to the G aneral Assembly. Lies over.
and moved smsnension Of the rules to pao'
The Speaker had read by the clerk ruling
the purpose of which was to protest against
the establishment Of Il precedent by the estab-
llShment Of the motiJn to vacate the chair.
Mr.. Voorhies chilled up bill No. 14s relative to
pension Of the rules forehat, pufpose .>' - '''
ObJe ton was made and the House refused
to suspend the rules.
THE APpoRTIoNMENT ELL
was called up by Mr.. VOORHEES,. who moved the
previous question on the passage OF the bill,
The previous question was seconded.
The main question was moved and ordered
by q strict parry vote, the Republicans refusing
to vote. Yeas 81. not voting 80.
The Speaker announced that before putting
the question upon the passage OF the bill he
would allow one hour for discussion. unless
overrued by the House,
Mr.. Stewart. OF Tensas opposed the bill for
many reasons. 1t was put through without be-
ing printed. 1t was proposed by this bill to
give the same representation to GO, 900 that was
given to 80 900. He remembered when four col
ored Senator'S cime into this Legislature and
whether white or black. should receive equal
consideration. Yet it was proposed by this
bill to 41pry yea 10000 people Of
to secure the State to the party how In
the ascendancy. If the next Legislature
this. a Legislature that has set two months With
out passing a single measure of relief to the
people. he thought there would be no advan-
tage gained He contrasted the conduct Of Gov.
Nichols. who never inquired what mans
color was 80 long as he was competent. with
the course this House proposed. Of depriving
large Republican constituencies of their repre-
sentation. He was induced to go to the Nichols
government because OF the depression result
ing from the odi2us government, the Republi.
can party had built up. He thought he should
relieve the people and secure II good govern
ment. but he was sure there were very few peo
pie In this State who would not say that the
present Legislature was worse and less efficient
than the old gang that was accustomed to meet
in this House. 1t would not add to its laurels
by refusing to his people their rights-as this