The weekly Thibodaux sentinel and journal of the 8th Senatorial District. [volume] (Thibodaux, Lna. [i.e. La.]) 1875-1898, 1881-06-25
PAYMENT Of state War;
rants.

against the State 1Ica-
sury were paid. II the article
referred to, the State Treasurer
was not alluded to any further
than that, as an important officer
of the Government, he was liable
to the criticisms made. The
Treasurer hearing OF those
comments, but without reading
them wrote to the editor Of the
Sentinel the Communication else
where printed to day.
The charge made by the Senti-
mel was summed up Thus.
"rrhere is something radically wrong about
the payment of honest debts due to the ere
ditors OF the State that reflects no credit up
on the Administrator. which can be easily
remodied and which should be promptly re
medied.'
The N. O. States, about the
same date published the follow
ing method of paying warrants as
one calculated to remedy the evil
of which SO much complaint is
heard.
Whenever there is any honey to the
crrdit Of any particular fund, to an ainount
sufficient to pay outstanding warrants
against that fund Issued daring any month,
to give notice that such WARRANTS will be
paid in full, i'll the order Of the months III
which they are issued, regardless OF the
time when they are presented to the Tvca-
sucer IO1 Redemption.
This will give all the warrant holders
an equal chance to collect their claims up
on the same footing, and make them feel
4hat even il not present Oh the spot to col
icct what is due them when the money is i'll
the treasury, it will remain there to the ere
dit OF their warrantsantil it is convenient
for them to claim it.
The Treasurer explains distinct
~ why warrants are not paid On
presentation.
That fact is pretty we'll known,
and it is precisely because the
State can not meet its debts as
fast a. they fall due, thus com
peling creditors to wait tor their
money, that causes the trcuble,
and complaints ase NOT heard 50
much or account Of the Inability
of the State to pay, as they are
on account Of the manner in
which the payments are made
when money goes Into the Treas
ury for that porp"se.
The Treasurer explains the
method Which he has adopted.
One objection to his plan. is
that parties cannot supply war.
rants for the percentage which
the Treasurer advcrtises that he
will pay. He says that he lately
offered to pay one third Of the
General fund warrants when pres
sented in amounts approximeting
one third Of the sums owing to
each creditor.
Suppose the State owes a one
hundred dollars, hcwi is he going
to receive one third Of that
amounts
Two facts that have como to
our knowledge will elucidate the
method clear enough for an ordi,
nary readers mind.
A gcnt!emen 10 this town had a
warrant for lumber furnished in
the effort to close the Cancienne
Crevasse, about one year ago.
The Treasurer gave notice that
he woald:paya certain percentage
on these warrants. This gentle
man presented his warrant. He
was told that it could not be paid
in full. He visited the auditor &c
have it reduced into smaller ones.
The Auditor refused. Again, in
the Treasurei's office. he was told
that he could exchange it with
the brokers for smaller ones.
Again, the Treasurer advcrtis.
ed that he would pay a certain
per cent Of Constitutional War.
rants for a specified month Tin
1881. 4 Judge Of tho Circni,
Court in this Judicial Circuit,
went to the Treasurer's office to
get bis proportion, and was mott
fed that there was no funds on
hand. The Judge had not drawn
his warrant from the Auditor but
wonid have gotten his warrants
made TO cover the sun advertised
for payment.
Now the theory of the Treasu
rer IS pretty, pretty as as!lver lake
to Il thirsty horse With gu iron
fence between the animal and the
water.
1t don't work prettily to any
body but the intelminable broker
who forms the iron fence.
Now, if the Treasurer will take
the warrants due all persons to
whom the State may be indebted,
commencing OF the fist day OF
Jnly next, when presented, and
there is no funds to pay them,
aud endorse thereon "July 1881.
No l, 2, 3, and so on until ali
July warrants are presented, and
then do the same for August, Sep
TENDER and each Subsequent
month, and then when there will