The Opelousas courier. [volume] (Opelousas, La.) 1852-1910, 1886-07-24
A Cash Basis.
N. o. Times-Demoerat.

NO. Times Democrat.
The last Legislature did the State
great service by placing the finances of
Louisiana on cash basis. The Times
Democrat persistently urged the impe-
opinion resolutely demanded That an
end should be put to the shiftless policy
which had its origin in the dark days
of reconstruction, and which did SO
much to retard the complete financial
recuperation of Louisiana. So long as
our Legislatures persisted in appropri
ating more than the revenue could yield,
even under the most favorable circum-
stances. it was impossible that our pub
lie securities should possess the conf
dence of legitimate investors. The
merchant who habitually lives beyond
his income is bound to come to grief,
and the people Of Louisiana know, by
bitter experience, that States are not
exempt from the operation of this saln-
tary law
The year 1887 will see Louisiana on
basis of cash payment of all her current
obligations. The payment of the inter
est on the funded debt is amply provid
ed for. We had hoped that some pro-
vision would be made for the floating
debt. Yet we are, to some extent, re-
conciled to the Legislatures shortcom
ings in this regard by the knowledge
of the fact that in future years no float
ing debt will be created. Much yet re-
mains to be done, but the first step has
been taken-tle step which costs. We
are now on the threshold of the time
when State warrant will be cash. The
significance of this fact can only be re-
allied when, in the conrse of the coming
years. we see Louisiana take her just
place among the most solvent common
wealths of the Union.
Personal. : Laurent D1pre, Esq,
and Ills estimahle wife, after an extend
ed tour through several northern and
western states and cities returned home
last Tuesday evening. He says that he
had IL delightful trip throughout, and in
addition to much enjoyment in sight
seeing and observation from travel, he
feels that he has taken a new lease OF
health and life from his few weeks OF
active recreation.
Mr.. Mansel j. Richard of Big Cane
gave ns an appreciated call this week.
He reports crops of all kinds in his sec
tion MS very promising, notwithstanding
too much rain of late.
Sheriff Duson left on Tuesday morn
ing oil Il trip TO. CaE.da, to visit rela-
tiVes there. On his way he stopped in
Baton Rouge to attend to some official
business.
The many friends in this parish OF
Mrs. Cora Bell, of New Orleans, will be
panied to learn that she is dangerously
i'll. At last advices her life was des-
paired of.
Judge Hudspetll and family departed
last week for Wankesha, Wis, where
they propose to spend the balance OF
the summer
Mr.. C. N. Ealer, eye lone fisherman, .
left on Wednesday morning, solitary
and alone, for a weeks sojourn IN his
favarite haunts on the banks of the
classic Darbonne (Calcasieu river), fifty
miles away. The delightful bathing in
its crystal waters, the .sspeckled beau
ties, which therein abound, and the
genial companionship Of friend joe
are tile rewards winch dWatieh uihb ~
the end of his long aud lonely journey
Mr.. Chas Belden of New Orleans
passed an excellent examination before
the Supreme Court at its recent session
here, and was admitted as a practitioner
at the bar.
Messrs. P. j Lefebvre, NJ. g. viii
kins, G. E. Fontenot and 20 Junior ed
itor leave this morning for a week.
sport and recreation on the Darbonne
in Caleasieu parish, At Prud'homm'
City they will be joined by Mr.. i. G
!, Chacllere and athef congenial spirits
and anticipate very pleasant time.