The Louisiana Democrat. [volume] (Alexandria, La.) 1845-1918, 1879-04-23
the assessors reports, is alarming to
creditors and nOsSessOrs.

creditors ana p0sSeSS0rs.
THIS plain exhibit is as familiar
to the bonholder as the State official,
and he knows with almost mathemat.
ical certainty, how much the State
can pay. The financial world as cs-
timated, the paying capacity of the
State by the value it fixes upon Lou
isiana Consols which were quoted on
the 10th of this month at 495. II
the Convention gives new bond for
their estimated value and fixes rate
Of taxation properly, securing it,
does any one doubt the creditors ac-
ceptance, when he makes an arrange
ment by which he does not lose one
cent, his new five hundred dollar
bond being worth as much as his old
one thousand dollar bond. Why
The new contract has the approval
of the people, who own the property
on which the tax is levied. Twelve
million dollars of debt, at seven per
cent interest is $4,000 dollars per
annum, an amount which could never
be made. There would be no effort
to perform this impossibility.
Six millions at 4 per cent interest
or NO hundred and forty thousand
dollars per annum, although large
amount, with cheap government
can be met. This will be the ulti-
matum of the people, after erasing
every fraudulent bond which can be
traced TO its origin. Mr.. Editor, I
started to write you a short compli-
ment; ] have been filing columns
before / was aware of it. My sug-
gestions can do the distinguished
gentlemen now engaged in framing
a fundamental law no harm. Their
ability recognize, and their fidelity
to the best interest of Louisiana will
never be questioned by me when
their work is done. will hardly re-
fuse to ratify'their constitution, as l
did the work of the men in 1852, who
made a most excellent constitution,
but not equal to the one it superce-
ded. The constitution Of 1916 with
the debates thereon, is the finest con-
tribution to American craftsmanship
ever presented by State Convention.
Fit is the popular will to restrict
the powers of the Legislature, then
the Constitution oflS45 is the model
for the Convention. Many modi6-
cations and amendments have been
made apparent in the quarter of
century, since it was given to the
world. But it contains all the res
ervations and prohibitions which
have been commended for their wis.
dom in the Georgia Consultation,
and forever protects the people
against monopolies and corporations
} with exclusive privileges, lotteries
and subsidies. 7.
!. ->--~-~-~>~A0N,~~->>~-
!, A MOTHER IN THE WAY.-They
were married ON the sly. After tht
ceremony she returned to her home
! and promised shortly to follow the for.
tunes Of her spouse through life. She
however, did not return, not because
she was not willing, but because he
parents, not approving of the match
would not allow her to go. Mr.. Hus
band, at the loss OF his bride, last eve
ming concluded to make q desperate
move to take her unto his possession
He accordingly procured closed car
riage, and driving in the neighborhoo'
Of his wife's domicile, had her sent for
She answered the summons, and a
once divining his intentions jumped il
8. the hack. He was upon the point .
shouting his victory, when suddenl
8 there appeared his mother-in-law wht
laying hands upon her child, marche
her home, to the sad discontinue {
; the already sadly perplexed husband
-[New Orleans City Item.
e We had expected, from one of OF
d most punctual and gifted contributor
n for this issue of the Democrat, a FL
: resume of the proceedings of the Met
, odist District Conference, in session
!, Alexandria the whole of the past wee
; but have been disappointed in the in
portant matter. The learned and vel
- cradle Bishop Keener and some fifte,
e Ministers Of tho Gospel were in atte
% dance, and the Conference was an i
x teresting one and fruitful for the go,
d cause of that Church.
y -~>-~S-.-1s.>-~->-~->
y JENKINS "Annihilator" new
fails to cure the very worst forms
A. Rheumatism, Gout and Neuralgia.
N Read the testimonial Of gentlem,
a. who suffered for years:
ia N. JENKINs-Have been afflicted wi
:, Rheumatism for many years. Ha
- used the Annihilator with great bene1
re COLUMBUS II. ALLEN,