The Donaldsonville chief. [volume] (Donaldsonville, La.) 1871-current, 1879-10-25

Ilal fepudlatOf ny aunerlng TO I'd
debt ordinance, aud full f1edged Oh
if he does not The only way to sns
tain the valid contracts Of the State
preserve its financial honor, avoid ex
pensive litigation between the Stat
and foreign bond holders, and til
Stute and her own citizen bond bold
ers, is by voting against the new con
stitution. To this absurdity has til,
ring" assaulting the Nichols adj
ministration brought us. It is :
"ring' trick to tritle with the goot
sense and better judgment of the peo
pie Of Louisiana.
In his Lafayette Square speech
formally opening the campaign, Lieut.
Gov. Wilt, alluded to general polit.
ical questions, but neither did he no,
any of the speakers who followed him
make any direct reference to repudi-
alton. Gen. Randall Gibson, whose
position in Congress gives him ample
opportunity to judge of political cur
rents, said he believed that Ohio had
been lost to Democracy because of
the greenbnck "i,!ee " which it had
attempted to carry, and which was
repugnaut to every Jacksonian or ad :.
vocHte of honest money. 1t is we'll
Known that the GreeDbackers seek to
repudiate the national contract with
her bond holders, and TINT they are
by the two great political
parties of the country. 1t is also
known that the reputation of debts
by Southern States has been used
with great effect in the late Northern
elections, and has alieDatetl many
Louisiana, of all other States, should
be the last to countenaDce repndia-
tion in any shape. Her interests re-
qui,e Il heavy outlay of capital, aud
all possible influences to keep in fa-
vOr with dominant political parties.
In most favorable times her Congres-
sional representatives have earnestly
to procure II protective
sugar ta,lff, appropriations for river
mud harbor Improvement, a U. S.
rnint, Il national levee system, and
lines with Brazil aud Mex
leo. Let the stain of reputation at
tach to her and allies will desert her,
nnd II blight fall upon every enter-
prise and industry. This is the opin-
ion Of her own intelligent citizens,
and it is corroborated 10y the record
pf rtpudiating States.
1t is but an expression of opinion
that Louisiana can not pay her bonded
as they were contracted.
1t is not II demonstrated fact. The
State has failed to meet her Obliga-
tions because of n Reputation policy
began in advance of Investigation
because Of tax resisting associations,
and the unwise leniency of legisla-
tures to delinquent taxpayers. The
burdens of government through the
Iartinlity, not to say cr;minality, of
the General Assembly, have devolved
pn only portion Of the people. There
is needed legislation to compel the
payment of all taxes by providing al
rquate penalties, speedy legal decis-
ion, summary disposition of the de-
inquent list. Then the treasury
would be rcplenished, the debt could
be paid, and taxatiou be diminished.
Tho political quaeks propose. to;ecen-
,mise by tearing down the house, re-
building and leaving out the foun1a-
ion stones at the corners. The sooner
his is noted the better. The new
is so founded. OF course
it has scme good provisions other
wise it would not achieve the ends Of
its trainers but the questions for the
voter to consider arc these: Can re-
pudiation of a Legitimate debt be
,toned for by any process known to
circles : What is the
Inference between State and an in
lividual who refuses to redeem
pledge 2 What profits it if victory is
won on a platform Of transparent DIS
honesty? Is not honesty the best
policy :?
HOuma Courier: We hear that