Louisiana -- Politics and government -- 1865-1950; Reconstruction (U.S. history, 1865-1877) -- Louisiana; Thesis (Ph. D.)
Agreeably to the governor’s recommendation, bills to modify both the
election and registration[322] laws were introduced into the Senate
about the middle of the session, but were not pressed through, largely,
it was charged, because of the governor’s secret opposition. An effort
to tamper still further with the government of New Orleans,[323] and
a generous appropriation for the militia[324] passed both houses but
failed, apparently, to secure the governor’s signature. Some attention
was devoted to the labor problem and to the question of creating
parishes. The latter subject, probably for political reasons, had been
something of a mania with the legislature, until at this session[325]
the proposition was urged with much force “to stop the legislature from
creating new parishes unless authorized by the voters of the parishes
to be divided.”[326]
The extravagance and state of utter corruption of the legislative body
in 1871-2 were only the natural result of the conditions started in
1868-9.
The amount of the State debt was disputed. The governor held that it
was, in round numbers, $22,000,000, while the auditor claimed it to
be $41,000,000, the difference to be accounted for by a contingent
debt of $18,000,000 dependent on the construction of railroads, the
second mortgage bonds of which the State had agreed to indorse.[327]
The bonded debt was $19,188,300, the annual interest on which
amounted to $1,403,820, besides which there was a miscellaneous debt
of $3,187,490.[328] A comparison of the debt with the period just
preceding the Warmoth administration is suggestive, as it had increased
over $8,000,000 since 1868, taking the conservative estimate,[329]
growing by deficiencies at the rate of over $1,000,000 a year. The
expenditures in 1870 had exceeded the income by over $1,000,000
although the deficit was more than covered by the balance in the State
treasury at the beginning of the year. The total amount of bonds or
aid granted by the State to various corporations, prior to 1871 and
for which bonds had not yet been issued, was over twelve millions. The
auditor estimated the probable expenditures of 1872 at something over
three millions, but as a matter of fact they far exceeded that sum.
Public-domain text, read in full here on John Shaqi.
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