The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1879-07-25
OFFICIAL JOURNAL
OR THE
INSTITUTIONAL CONVENTION
-oF THE
STATE OF LOUISIANA.
Continued from Third Page.

An i ,,,,a1 ~ 4la fy,,nvanfton fnlio.va.
60 s0a1n... = 80 - !. .o,o"s
vote Yes Tor me IolloWlng reasons:
a Because am satisfied that " 10 the most
favorable settlement Tor the people OF the
etate that can be Obtained before this Oonven-
after exhausting every effort to obtain better
terms.
81 Because 1T tS settlement that was agreed
IN by O Democratic caucus.
.. Because the privilege ID expressly given
10 the people, by the terms OF the ordinance.
10 vote on the same, and II can have no effect
unless ratified by a majority of the voters of
the State. r.. b. TODD.
J1nun the ationtion of Ordinance M 4aO m.
Iattys Is the bonded indehtedness 81 the State
T,yi,tn me, lar the ransom TINT when | was
flssetad 4 Deleuata III this 1lanventinn atnad 1
ssissvad III =, = n.,natit,,n,,t - H.
Snliif,, ~ anf5 inaehtaansas W oa IL ~ a1,t
y saona % foaha sna any portion o.
I'M been iIlnrally or frauiulantIv Issued. that
portion was TO be- Ignored and eIimina atasi
frum the valid indebtedness Of the State. That
investigation was made bv this Convention
through committee composed Of eighteen
Delegates, being three from each Congress
Bional District. fhe committee reported that
The larger portion Sof said bonded indebted.
ness had been illegally III frn,dulentIy Issued.
The Convention refused to atIont the recom-
ynentiatiun of the com mittee. ma Id il now nlo
posed BY Che adoption IF this ordinance TO re-.
said bonded Indebtedness, apprevating
nearly twelve miilions ar dolara,
have always been willing. and 40 declared in n
Ca,leus 81 the Demopratic members of thjs
(aN,yantinn. that yyna willing Ia po into and
81 bound by the action Of a Democratic eau
tnla III this matter: and. ii ia a fnet that re-
r,pftsi pffnrsfa tn ret the nemonratie nnn
Esrs III thia Gnnvas,tinn III nnita and Ia hound
81 ! regular psmoeratie caucus upon p this
TllIi,bar al conferences or meetings vera held
upon the subject, but 1t was always declared
that the action Of the majority did not bind
stood that no one was to be bound, except
Those who voted In favor Of the pending prop
been held, ut which the usual rules and cus-
toms regulating and governing Democratic
eaucuses prevailed, should have ahided by
and supported the same
r. d. BRIDGER.
ii WA vata .tNn,, ~, tbts ordinance hocnuse vva
III moi thin,. Tho nannle II the sata ",.e the
sasht rannunizad III II a larra nnrtin,, III INA
sishf waa clsatad a. bv usnrniny p unva,,nmants
toreed upon the people, without their consent.
sssaivad Hannr and nnnhnnd aliIs AZ, ,ar,i In
fhat IL should na,-ar ha rannvnivod oithaar ~
si, = ~ iniirti ~ ID wv via X e' hIa,n
obligation upon the people. The mere fact
that by one u the articles the ordinance ~ re-
ae i hot 10 sacent reason for pem u
m vote for It. The people have the undoubted
right to consider the ,ehole subject. and not d
part and the Convention has no right to re-
stlict the right OF the people on this subject.
The only privilege given In this ordinance is
20 the bondholtier and not to the people, 1t
as not denied that a large portion OF this debt
" fraudulent
u. II. LOTT,
EDWARD SIMON,
$. 7. HENRY,
For the following reasons wa voted "Yesn
on, The final massage of Ordinances No. 4so
s.Ralatsve to State Debt"
Firsi-Should we vote "No't the whole debt,
NAV "a laft in FIJI ad We Are uot viii" wiIlng e 10
Sc see IN are satisfied that after a.
hausting all other means, 1t is the most favor
able proposition that can be carried through
me Convention.
srate caucus, = and an s. e nemoerats onIv
Fonrth-lt eliminates from the constitution
vexed question, and leaves II to the people
% he voted on separately, to accept or reject
y they may $40 ft and II Il reserved te H te
=. =; BAShlN,
y. FAuLk,
s. l.. ELAN.
vote against the compromise proposition
Sang tao se D ~ eutus' aor .ae
ssIyan IA Friday last In exclamation al votes
IN The; original proposition by Messrs.
eammes, gahrey, pheips, Chaite. hernaehan,
afnn nyse,i, anu inr Lile reAsoliS neIetoloIe
gaVen ~ Deiega !. ". W nlLe, OF haplaes.
vote against Y Ior we further reason that
20 meet me notions OF the repudlaung ele-
n1ent In this Convention, who defeated the orr
ginal proposition, q scaling feature is at,
taehed, by which the State may be compelled
% pay Slso, ooo or more year toriive years, IN
order that at the end OF twenty-five years, or
aaD5, the State may accomplish a partial re-
pndiation.
I'm my opinion If relief Is given to the tax
payers. 1t should come now, and that we can
~ aItoTd az tnls Iihe 20 pay Seuo,ooo GO PuI-
III III ~ rdiotinn 'no
- p1A't4sso - MN A pApnEE
~ ~, a s 1AAeD w.
- vote Aye. on TINS ORDINANCE concerning
Inc so-calied FUNDED deet OF the State Tor me
purpose OF eettlng tnis quesGoh Is ont q th h
GMFentlon, where am satisfied u cannot be
settled, and where It has been retardlnR the
aaboIs OF the Convention Tor Weeks, 10 oraer
Ghat ~ may 90 Voleu on and -, uelealeu py 1ns
800, Nnitn Estsule ~. CIV 10 t,a au
saafase, 50 ela1 tHe sunJect ma w - 1no