Accounts with certain railway companies. January 26, 1887. -- Committed to the Committee of the Whole House on the State of the Union and ordered to be printed
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State Finances The highest test that can be ap plied to the administralon of public affairs in the condition of the State finances the manner and method of their handling and the results that followed as the expiration of a term of office approaches We propose to submit some facts concerning the management of Louisianas finances that willI be startling to the enemies of the ad ministration and that will rove to 9 arguments more potent than any idle words of praise that could be bestowed arguments unanswerable to the minds of all lovers of wise or good government At the beginning of this adminis tration there were outstanding 486000 of past due unpaid coupons every dollar of which has been retired asd provided for There were outstanding warrants for 1884 85 and 86 amounting to 840000 and this entire amount has melted away under the present administration There have been retired and paid dn full 512400 of interest bearing tate bonds maturing in 1914 thus reducing annually 20480 in in terest alone which the State would have had to pay and aggregating a total saving in interest of about a half million dollars Today there in not a dollar
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