The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1879-06-18

and It may be- that the nnp p,u " tiisi
consider them, IL they we're san.IoIi Ag
scented, but they are not r,ro Z pl,opelIj
when we are asked to nav tihJi sp s,ll ~
lent and illegal debt. sA's ehsireIs
Mr.. President, I stated that
favor OF making an amfeafls as s;stasA
the debt, It one could be mada atsallsslA|
lnst-one that would give fha' wat ~
cessary relief. ] would fava,s.g III soplea
/ thought 1T could be fiona ~, wv stall3
think the report of the ma ;a, mos m
to be adopted, but because II . szsa.s f,t
TINS question from State polities V. g !!
ana give the people not or,lv 3h HI y
Telle1 pnt also the rest aud QUIET fha Nh
need; But L see no reason e hnnso Z
SATISFACTORY adjustment can M Nv MI "
creditors OF the State refuse III froa a,a NJ
ana those VINO represent their ins my
meet 1ls with defiance, threatana "
United States courts, brand nj III W. w
&C Eng hoid up to us the specter 81 4 d II
Then, whatever I might hava
question had come before us difYa,sss i
is nothing left me but TO a,inra.s "
of the majority, and In doing IKE 4 g
conviction that [ support In s ICY AlEESS
State while am trying to brirrl ssIss 4
people. - lealsl|i
Now, as to the legality Of HI t.. EN-
have been rejected by the ma mai NJ
we have been shown nothing Fiji ssas!s
the statements made BY vo,1 ~. a.,s!lla|
regard to the circumstances 5 N, ssss sHl
ions OF law under which thev wv W. w q
Gentlemen have gone In to iorisu NV ssa9
ments to show that the conaInas IVY I
committee are wrong; but the y sas'!' ~
are not contradicted, and IN IN r ,,s,s lsl
attempted to be denied. Then, II Ill.,
that every bond rejected by Tia H. 81
was either fraudulent or based IN Y s'a
tutional statnte--and I belieys II III wv
there can be- no doubt that tha a
were illegal, and that there W.
obligation on the State tp f,a.ss'
illegal obligations were funded HI,
OF this Convention Is not TO pav th y
given In exchange. believe tha Sass7
such consols never will be able 4, No.
the State Ia bound for their faea y a II
] believe thatany court, with All ill., 4 %
fore 1t and all the issues made. wn Mn II
State bound for the CONSIDERED ian ": Ill.,
holder may have paid. The allthus sa ~
on this point by the honors il Ss13s|
from Morehouse struck me AZ f,fIins 49,
applicable and conclusive. NJ NJ
Now, sir. 1t the people sent id hat9 III
fy this debt, delegating to us All i6d y
they bad In the premises, and # fhadgsaa2
jected by the committee are illapal ussa|
deter delegates from supporting Iha tn
report, and what is to impel Then h =
it? - 8 ~ n
f j will try to present the two ntfsSa
and examine them little. ss s5S
AS to the first, we are told that II "a
support the majority report. beeat,sas S|
not the power; that the popular
which / have referred, and which 6dS
all Of us observed and needed well IT.
dldates, gives us no power To act iof RI
pie in this matter; that the Le0Islafai|
us no sHch power; that It's exefclSf 81
revolutionary, and finally Chat I'LL r
knew nothing about the matter. sfI 4
becomes our duty to disregard thdf =
when we go home educate them r.
sensible views. This is one resas(ll1 ;;
told, why we should reject tfle febl
other reason assigned Is, that Il The n
pass upon the validity of the debt &
we are est0pped by the operation III
ing scheme. And another reason 81
that Ii we adopt this report we VII IN
ators; that the State will bd disll0a6i
the credit Of the State and her peoe}s
ruined, and that capital will bediiY
the State. S|A
These are all affirmative propod
they are not supported BY prod. r.
one has been asserted. on this foofa
peated until we could hear It rinei1
ears for hours after we left this h1llE
all assertion the imagination Ii iett3
the dire results, but no facts ar8 pm
show us how or why this must BE-
OF favorable action on this repor
We are told of=our pleasant 6li
fruitful soil, industrious populatiQ
productions, amounting to &5DM5
nualIy, to demonstrate our abiIit5
and to prove that our enorm0H
mere bagatelle. But, str, there s.
side to the picture. There are o.
to my mind, stronger reasons Why
adopt the maj rity report.
will try to present S0Ine OIL thu
doing so I will simply take the ~
the propositions advanced BY Re1l
the other side. I hold that W. sfde
the majority report, becauseit h tai
only practicable plan that has been H.
to US: because we have the power
mine this question; that we reoat
power. not from the Legislature, bsa
people; that the people sent US hsls Il
else 1t, and that the popular Wit
knew existed when we were elee
which we know exists to-day ID all
dence we could desire ON this
may not be true OF all the gentleusn
Convention each will judge for htIls
/ know there are many who eH1llaz d
their people and say. We dldnt
expected or desired that we SlIt7Q
this debt"
/ hold, Sir, that, knowing theA
people before my election as now 1n91
power to legitimately and h0nMaely
out, 1T would be criminal Id me tl@
1t. Gentlemen who will, may
cate their constituents; but, ~
will never, by my voice OF my yt!sss
for this debt to remain as II WA w.
fraudulent Funding Board.
On the second propoSitto H.
toppel-I have this to say. Ihe
committee land I may say sflaL las!
ined the law in connection with s1slS
argument and authorities stl1lila
able delegates who have d1sseeaIss T.
iect before me, all go to eonVla
that the rejected debts Were ulae .!sz|
or Illegal; that many OF the aess g -
ing Board were fraudu lent, any
amendment to the constitution 60
1874 was ever adopted, IT va y ~ Il 49,
by the fraudulent acts OF AZ nls.'s
turning Board, and not by tne .a2ss
people. 1t Is not my purpose ~ n1ss
argument, and [ am willing
branch OF the case 01
ments and authorities saOl.s1
the gentlemen who hare
But I will add here that tness
which are opposed as an estoppeL
are barriers Of il1agality and 4 Aa.]
estop no one. And whatever fatl
have been made was based UPON ~
lent and illegal structure, ana 49,
they fall with 1T. And I nnalnIa " s s;
of the Legislature Of 1s77.o @ .,.4s1
ever contemplated the covering VINE
ing of inegalities In the state ~
ratification OF the illegalities @ l
funding acts or Funding EoaIe.s III
orabla gentleman from Orleaa5
Saturday that he had found 9
ton, one that had not been DeIMg H.
and / thought the gentleman leia