The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1879-06-14

eject ana operation exist as matter OF TACT,
and have existed for nearly six years without
Legislative interruption or objection.
| These two enactments, legislative express
slons OF the popular will, and declarations to
pay money On the part Of Louisiana, exist the
same as other Thousand and one laws enacted
and putin operation by first the Warmoth,
and then the Kellogg government, embracing
a period OF nine long years, and continued
later now for two years and part OF a third.
of d succeeding administration undeniably
popular and representative of the people Of
Louisiana.
Furthermore, there can be no legal or eauI-
table denial that from the tWenty-first of
! April. 1875, that the popular branch OF the
| law making power Of Louisiana Was repre-
sentative, and, beyond all question, the peo-
pie made it so. And four years ago. by Joint
| resolution, 1t was declared, and chiefly, too, by
/ North Louisiana people, under the leadership
Of the present chairman Of your committees,
that the then State government would be
theneeforth accorded .'all necessary and
legitimate support In maintaining the laws"
etc. What laws, Mr.. President? OF course
all pre-existing statutes, including the two .
acts, Nos. Band OF 1874. for there has never
| been any legislative declaration Of exception
as to these or any other.
] Why Is it, Mr.. President, that the people
seek relief from and to abrogate these stat
utes, promising to pay money, while as to ten
hundred other statutes and many prominent
| iniquities they are willing to give their sane
ton as to past effects. Does It appear that
there is any consistency or honesty in such a
i
when 1t Is proposed for the people to sustain
all these Legislative obligations and their
effects, save and except the two requiring the
people to pay money.
the option, in the winter Of 1874-75, to con-
/ tinue the consistent, brave and honorable
policy OF revolution and resistance, but In the
/ Wheeler compromise OF the twenty first OF
and refusal to adhere to the pre-exsting pol
/ Icy OF honorable resistance, the people Of
Louisiana abandoned and relinqufshed that
policy, and by resolution chose to abide those
which might come to them by abiding those
laws and through the forms OF law, as 1t did
i in November, 1876.
i The delegate from West Carroll has boldly
pronounced, ii | understand him Alright, that
Il the people are exercising the right OF revoln-
tion But re seems to forget that he Is five
years too late; the people have refused for
i've years to exercise such policy. The laws
and therefore and thereby only does that gem
tleman's parish exist, and thereby only does
a he sit here as delegate to-day.
II Since April, 1875, the words honorable con-
sistency'' seem to have been obliterated from
the vocabulary OF Louisiana politics. but
do trust that honesty and justice may yet re-
main.
Regarding the funding act of 1874, that was
certainly Reputation, but as the creditors
who though not previously consulted, have
adopted it, they, the holders now OF the con-
soils, cannot complain, nor can we complain
in their behalf.
1t became contract between the legal
creditors and the bogus creditors to allow the
latter to come i'm on an equal footing. the bad
, with the good, that ali should concede some
thing for their mutual benefit.
, The outstanding claims against the State
In january, 1874, were estimated at $780,
00O,0 900.
The funded debt of s12,O0O,OOO represents
$40, 600; the other sis, 100000 have, 1t
seems also been wiped out. presume by the
ABSORPTION Of the then floating debt in taxes,
and the rejection Of several millions OF bonds
and warrants BY the decisions OF the SUI
nreme Court
With tbia RADIATION tn s1o mn mn Yrora
, coo non oon tha neanla tha Stafa should ha
, "oy'tant va pfo' '
oop 10 not consider that the existence of . dehf
t,a1 vo ,niinna at st an ntereat If ahnmt
Sdco mnn o. esnn nn9 t. n 49,, 49,,
~ 4h ye.nroo GU tho EYE ap
e.i ra1nntien n tha resent az
nonsInn ad,,in;e.t ration nr that tharn ays4a
J,binh shan ,
ay gLeae ;ti, -. 80
W ia ~ aua .nea .naets.on VI 9osl
, Viva T. ~ t NJ a.. &
oua oWn Ieoplg; ~ ee clsy ailu Sea.e, WIG
ossess 80, sA an 1, u pioperey ~ enee
: indrectIv ia those Who thnupb NOT holding
r bonds, would suffer from the general loss Of
! co comm ana private cTealI.
nose to obtain hat relief at 1T the e ernenae #
| their good name, and fear IL this majority
report should prevail, not only will their good
lalne anu cIi i S9ller pu. RIeI distress VIII
: defeated. 0osse' $500 - e1o1' -
With proper management, seven mills and
) perhaps only SIX mills OF taxation on total
and ~ 4his o ai ~ '1a,, au LII
! could be devoted to school purposes and one
mill to the levee fund-Will suffice to run the
soI1lg lnuluuInR suIncienI ~ pIoVlue IoI liz
= with orr craditora and thera Ia na nsaaasitv
n raenrting tn tho dasnarata and rouoIutinns-
, arv remedv snpuaatad bv the maioritv rannrt
: And 7 am in favor II not com neIiino hnf.
IF tnudarin nraviaio " f ue prs
able and nffernn snnerior advanta aae "a s,,cI,
, Of the bondhniders as are on their mart will
mo IL raninrncata M anneantinor ~ "a anaert :
, lover rate nf interest Rv anch = maaspre
honestv and instica will not ba viaiated
:, and nnrnmarca and nrnna,tv viii not aI1ata IN
the araat innra anu @ m uo ans,1a h1