The Progress., 1893-02-18

u ~
have sent the following telegram to
the Whitney National Bank:
"You are hereby authorized to in
sert i'll the New York papers that il
the bondholders viii send to your
bank their bonds and coupons, with
money to pay exchange and express
sage. you will pay the January cou-
pons. We will protect you i'll the
matter of such payment" Signed:
MURrHY }. FOSTER, Governor.
W. w. HEARD, Auditor
Auditor Heard said this evening
that tho above had reference merely
to the bondholders in New York.
This Telegram brought. forth the
following:
BATON RoUGE, La, !
Dec. 81, 1892. \
Whitu,y National Bank, New Orleans.
In regard TO the Telegram sent yOn
under date Of 2Sth instant, signed by
Governor Foster and Auditor Heard,
authorizing you to pay the January
coupons for the New York bondEold
ers, provided they send their bonds
TO the Whitney Bank and money to
pay for exchange and expressage,
have this to say: That my actions III
the matter will be governed entirely
by section 7 Of act No 65 Of 1892,
which prohibits the State Treasurer
from paying interest on the outstand-
ing valid consolidated bonds after
July lst, 1882. JoHN PICKETT,
Treasurer of State of Louisiana.
Our attention to this little State Of
fetal rencounter was first directed by
comment on the same by one If ouI
exchanges, the Farmersville Gazette
we believe. Being friend of the
treasurers, we were Of course inter
estel in this bout, but
made no comment until
we had seen Mr.. Pickett and learned
from him the cause of his counter
manding telegram, which was based
on section 7 OF act No 65 of Acts o
1892 which is as follows; "Be it fur
ther enacted, etc; That interest OF
the outstanding. valid consolidated
bonds, shall cease after July 1S9:
and the State Treasurer shall only
nav interest on the new bonds au-
thorized to be issued in exchange
therefor"
After receiving this explanation TIL
PRoGREss of January rs contained
the following comments thereon
Immediately preceding an'
following the copy of the telegram;
NOT AFRAID.
"By reference to the following, i
may be seen that while Governor Fos
ter NAV think that he owns the State
there is at least one man, a citizeI
thereof, who is not afraid OF min
with all Of his influence.
Three cheers and fou
tigers for Mr.. Pickett. Thu
is the right spirit and tn
only kind to make our distinguishes
governor realize just no,
big he really is in comparison t.
what he really thinks he is. We ar
glad that Mr.. Pickett taught the gen
tleman that the latter was treasure
in fact as well as in name, and tina
the executive and his auditor an,
four more like them, and are no
half big enough TO intimate hin
We declare again eighteen cheer
and twenty-four tigers with thre
lions and two elephants for Mr.. Pick
ett."
Judge of our surprise then, and W
venture of every other gentleman, t
learn that creature who is suppose
to edit the Baton Rouge Advocate
had passed on our comments throug
the columns of Its paper the TO
lowing gentlemanly y structures:
BRACE OF MIsFITs.
The verdancy and asininity Of tn
editors Of the Shreveport PRooREs
and the WINFIELD Comrade lea Jus
believe that tha visits of the fool-ki
Ter in that section of the State are @,
tremely rare. We can't conceive ho
they have succeeded in cheating th
insane asylum out Of its legitimat
prey for 30 long a time. In discus
sing the action Of Governor Fostt
and Auditor Heard relative to th
State bonds, these little journalist
abortions get up on their hind leg
and howl. Governor Foster an
Auditor Heard are charged by tines
fat headed dolts with Stacking up
steal' of the New York bond holder
What a precious brace of asses
The facts in the case so plainly prov