The New Orleans daily Democrat., 1879-01-23
TINE TAxPAYERs' UNION.


The Taxpayers Union met last night. DIR. {
members present.
The following resolutions were adopted:
BY Thos. Eagan-
Rescired, That in order to prevent futur,
legislatures from touching that great inigutty
the State funding scheme Kellogg had three
certain amendments submitted to the people II
1874.
Kesolued, That the Returning Board pro
nounced the said amendments OF 1874. carried
which amendments commanded that NO. II M
further legislation or appropriation shall be re
1uiste for the said assessment end collection
| and for such payments from the treasury: ant
excsss Of revenue shall be null and void. ant
the state shali In no manner provide for theii
Resoiped, That since The Legislature cannot
CONT avene this constitutional prohibition. AND
since the question OF the city debt is now before
the United States supreme Court On Appeal. Y.
urge that both The Interest on the tate and etI
debt be SUSPENDED until the first Legislature
meets under the new constitution which shal
be framed by the convention soon to assemble
for this purpose.
By Peter Manning
Resolred. That inasmuch as the city bonds
viewed as whole. only cost their owners the
average sum OF s3ls cents on. the dollar. we
shall oppose any scheme which shall cODtem.
! plate iundipg them at 100 cents on the dollar,
Resoired. That the city authorities. In treating
with the bondholders alone. are eonslderi ag
| Of the unpaid employees. the workingmen ol
our city and the property holders. all OF whom
have yet the right TO be heard also on all greai
Resoiued. That We demand that this one-sided
convention shall adjourn sine die with the view
that all parties In interest may have an e1u q
hearing IN mntter that interests the one as
Resoiped. That we recommend that copven.
tlon Of the people OF New Orleans be called al
question the debt question Of this city. with the
purpose and hope Of effectiDg Just. honorable
and equitable solution of the same
BY John Frederioks-
hesotced. That the state Of Louisiana and her
principal city. New Orleans. are both bankrupt
and unable under existing arrangements to
pay the interest on their so.called bonds.
State is in no condition t. lend her credit. il she
has any. TO- any railroad scheme. even 10 the
amount OF u. not to mention the t2,go0.0o0 of
bonds now sought from her at the hands Of her
Representatives now In General Assembly con-
vened.
Hesotped. That Moraan's Railroad will give
us an ell rail connection with the great State 81
Texas bv. the first day OF next January. and that
this road is being bnilt. as all private enter
prises should BE- ey prlyate O. capital only
be passed By our present Legislature the only
hope for our people will be repudiation. becauss
when our poor state shall have no credit she
Will not be able to mortgage out OF existence the
hard earned property Of her industrious sons
and daughters.
On mOu9n OF mr. T. L. Carroll the cnair was
confer with the Mayor and Administrators on
the financial condition of the city. and another
committee to take into consideration necessary
changes and amendments to the constitution OF
the association.
The following named were appointed on the
first committees: Fredericks, Pohlman, Carroll
Morony. and the, vice president OF the Union,
On the second committee Messrs. Carroll.
Bourgeois. Purcell. Mahoney and Devezan were
appointed.
The committee to consult with the city au-
thorlties were instructed to urge suspension
OF interest. payments on bonds until the aues.
tions pending before the courts are settled, and
were by tho chairman requested to assemble at
o'clock to-day at the City Hall.
The Union adjourned until the second Mon
day In February.