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Desportes & Williaths, Proprietors,] A Family Paper, Devoted #,. Science, Art) Inquiry, Industry and Literature.[cm--30 erAnm nAvnb
VOLb VI.] WINNSoBORO, S. C, WEDNESD YM)NNGMA 2418.[Nb4
IS PUnI.SIC) WP.KKl.Y BY
DESPORTES & WILL 1A Ms,
Termns.-Tnu IIrVRALD Is publihlabod Weeks
in the Town of Winnsboro, at 63.00 in.
bareaAby in advance.
gg- All transient advertisements to be
aid in advance.
Obituary Notices and Tributes $1.00 per
Tax-Payers' Co. isentiom;
FnVnAY, May 12.
Tihe Coi-vention met at 1 o'clock
A. M., Pesident Porter in the
The ( hair announced the following
gentlemen as the cotnitven to monw
brialize the legisluture on the subject
of eumulative voting : J .mes A. 1l.'yt,
.H. Chamberlaio, M. W. Gary.
13dwinl J. Scott,, W. 11 . Wvallace, 13.
11. Wilt-on and ilenry Gourdin.
Mr. Chesnut, for the Excoutive
'Committee, reported upon certain
te.olutionis relative to the itarlhg
tunded debt recommending :- Jop
tion of the fel lowing, inl -A, ticle :
That this Conventit.-ii, repr-isenting
the property-holdors aid t-Ax-pgt)ers
of the Statu of South Cariomn, dem
it their duty to declare that the so
called tciing loan. or any other
bonds or obligation, hereafte. i-sued.
pur pAting to be 6~y auithoritzy of this
Btale, will tnt be held hiodig on us.
and that we will resi.t the payment
thereof, or the eniforeelnent of any tax
to pay the same, in every [a% ful way.
Also, that a comtnittee of 1ic he apl
pointed to investigate and report .
plan11 -0 Imstore the Otelitf th.: State
no(l to cotif r wi h th . r. pr -se t.-ttves
of the "fire loan securities" of tie
Stat, wiich o ee practic.lly re
u aid ated, wvith a view to repat-ir IIIth
Jain iges to the ,ond faith aun1d hir01141
of tle cominnweahlh. Al ,o, rcport
bdgipkit the re.-oi.t.ot1 to at1.ptint; a
Oi ottted ".f tive to :xitib 111to t the
3 lnd . ioini of the State, now und at thai
elo.- tl ilf the war, rscomtnei.ding that
bles.,rs, Aldriev, Burt, 'ManlAing, Bill
ier nud Porter be appoitted as such
comilitted. S. o.dered.
Mr. Trescott offered a resolution,
11hit, Pqtsi. oeter and Cunti1-11*, I.
it1t had bebui rele ieud the q1e1ti.
'of thlie legality of tie pomstponi" ii --mit ol
stau utory lien of the State oat the 1; ut
Ridge Road, by the Legisloture, to
certain buid- atnd mot gage , t..
Slesrs. C'ews, CUmeron and Gou: -
din, trust-mits, bi req tested to give
their legal opinion at the earlieist
pract ie b* le niini, supportiig hl
r-ad1tinto hy a t'ttodig lilt0e of a gu
neit ltowinag tle un wizdomu of iin.
Coivertioni in tantapei it ' wil tlt
liaiuness of a private corpo.ation.
ILt held that the actiolin of the Con
ve stion, uiles the matter be decided
a* olive, was c lculateat to dise edit
th. bands if the Blue Ridge Roadi to
t -e sor.. ui injir of the conapanty ai.d
damage to the Stato, inl eripling an
enterprike, the sacee-i-ftul iLSsue (if
winch would determine, to a h4e
extent, rhe tuture prtisperity of the
State. iHe then m1atitained th.st, in
point, of fCct, the past potisenclit of the
siatuttory lien of the S ate, to a mart
gage given to coure bonds eidor'ed
by t he State, couild not pot.sibly woik
harmi to the Staite, anid was an eqjtially
goid, ii not better, formit of secut ity
t 11nn t lie stiatuL, ry lien would be. H e
sloo stated that the miorigage of the
road to seure the funids was recordedd
prior to the attachmient of the statuto
ry lien of thle State, and thait, cotnse.
qjuenitly, ini point of lai w, the mtortgage
must take precedenace.
Mr. F. F. WVarley replied in an af
feoting and elaquenit speech, depicting
ini touching termts tile destl ated cou
di ion of' lie country, aund lie depio'r
abl3 eorrupt state of rthe L.:gtslarure,
by re.non of whicb, as ha, hied, the
pasisage of thu Blue Ridlge Road
bill had been, eff eted.
The amnoudment was laid oui the
'r Ed0wini .7. So N, offe redl the fol
lowing, which was considered at onoce
Whetreast, it is customary and pro
Sper that persons enatrudted with hrtg~e
amounts of the public fuinds shloo rd
guarantee thbe safe keeping and faith
fuIitl d isburse~utent of the baie ; and,
8tate Financiul Agenit in Now Yol1
who holds about $2.000,000 worth 01
8tate i,oua, has given nothing but
his own piersonia1 obligation for th<~
It dihlalge oh' his duties ; therefore, b<
Resolved, That the attentioni of tbi
Oovernmor and~ the AttLorntey-Genera
b' e speoially directed toi the. risik 6
P loss by the death i or defa trlh of sutit
agent, and that, thety bie req~iested ti
rejutirc of liinit a od with such gaood
anid aeuffiienit seuint us will protee,
the ptubie interests in his char'ge.
Ocn. Ud Jones offered the fol
lowing, *hich was read and referr
Whitreas by the Aot of August 20
1.808, entithed ' An Act to authoriza
aState logn to pay the interest 0n tb
public debt,"the Governor was au
thorizbd to borrow on the eredit di th
.*f State, ou ciup an bouds, a sum nie
exceedling $1,000,000, or 50 *muo
thereof as may be necessary to pa
tbe interest on the public debt ; am
$1,000,000, $2.000,000 of coupon
bonds were created-the orie with
the "for interest, cngraved thereon,
% Ad t he other without these words ;
and wherea, although it is i"'o statt..
that $900,000 thus issued has been
icioalled ; thorefeere,
Resolvod, Thlat this Convention
cannot bu't deem thih traniantiot us
uncalled 'ot- ahd without legal i athor;
ity, 6 nd as bxhibiting at iri egal.a ity
And capacity for fraud whien nieriits
its ster n conidemtnation. .
Jidge Aldrich, for the Etecutive
Comnmittee, reported upon the reso
lntion of Mr. W. K: Grectfild r
lative to certain irregaular.ties in 1
drawing funds troim the Si ate Treas
ury, by the cdmnnitteo appointel to
investigate election fraide I the
Third Con ressional litrict, recoin
mending that the uttention of the
Attorney-General be directed thereto
with a view to a judical investiga,.
At. 12 o'clock M., the Contfition
took a reces of an half hour. V hen
the Convention met again. Gen. M.
01. Butler, for the coniuitte appoiet
ad to confer with the Governor, iade
a long-hy report.
ir. Cannon, from the special coal.
mittec, made ia repo t, recommending
that the Leoislature repeal the law
r- quiring tli logl notices to be pub
)i.-hed in eerinii pal aia.
Mr Warley iatruduced a resolution,
which was tadopted, that the Coneven
titn express their diapilproval of all
meeret political organizaiiore, an.d
that they call upon the good citiz-3e1
of the State of all parties to discoun
tenantce .Il Such.
MIr. Baldwitn off,-rel a resolutioni.
that the quest ion of t he leg lit, of
'he pos' ptAo:ntielut of the 8 a tu o;y
lien of thee State %oi the (tinarbe-ston~i atud
avat' Is Iai. ail road be referred tocer
tain eminetit lawyeis. Ageod to.
NI r. Wood ward offered a tiit')r.>tutS
res.>lution, that. the Governor be call.
,-I upont to defray the expecn-i of tle
Conveati.m Out, of the cntiintgenat
itn111 of' the S ate. Te rei.A.,iution
was wi ld awn I.
On timoni of Judge Aldr ich, the
thantk, ol the oten iot we r.t endered
to the- vat iu, r ieroad cou.paiAi f r
et rtesiei x-etided.
Mir J. W. 1.11, for the spc-ia
e ,iInnt.itte appointe d to examic into
fil rei t tee what extot. t unit) nand
St at ed thl.s have beei uI eis -a, ify
ii.reaaaied, repoited as lo s :0 A
The tqommiiee ;o w..mi it, as to
ferred to live.-tiga'e ;an reloot, to
tiii s bod t. what c itIet St..Lt and a
Couety a flie, have been. ttuece-la i
ly ii ea.ed siice tihe ia . it r t f
tic State G..rnmet iii 1868, aid,
witl th4 view to retenahiieheit, andt
r -torm, to hat ex-tia tlcy tight he
dispetnseid whh, beg leave to report
that they have eyoainin d and eisid
ered the matters ombtrac d in the re
8 dilitotn ai fully its the linlited tine,
at (bieir dig1o,!l1, would admit.
h i are 1 . ti:sfi, d laom thi., ex m
in ation that the number of (Al. .,,
Stalt antd cotity; have been unneces
.arily increin-dd aid that the sala
ries uI eapertunining to the a-tte have
be fixed at amnounts largely in bx
eeAs of a fair compensation for the
sorbices retdered ; and that as to
those offiaes abolutely nece!ary to a
duE adiiiiafatiun of thro Govern.a
miett, t he saiaries have in a like mn
nie , been inaordiinately incaeasied. 1rr
support of' this view, fofir buinmitte
beg leave to submait the feellowing
comparative sttement of offite s and
entl.ries for the years 1806 and
Compamative statement of ofichers
and salaries in the years 1866 and
Governor, $a,&00O 3,f00'. P. ivate
8teer ettary, l,20o 2.000. Messenager,
100 ; 3000O. Rent,,800 ;.000. Secro
tairy of State and hietrk, 500O' and fe'es;
4,000. Adjuitanat and Inspector-Gene
ratf, (000 ; 2,500. (Comrptroller and
Clerks, 2,700 ; 4 499. Treasurer and
01'erka, 3,200 ;. 5,800. A udit or of
8'tate anid Chlrk 000 ; 4,000. Super
inatenident of Edluenuioni aid Cloerk,
(0l0O; 3,500. Chief Justice, 3 500;
4,000. Associate Justices, 000;
7,000. Juidgese, 30,000 t 28,000.
Attorney-General aind Cleik, 1,100;
, 4o00'. (Oferls Court of Appeals,
800 ; 1,500. Attentdant CJout t of
Aj ppenLI., 250 , 800.- Salloitors. 4,500;
8.000. Counity Attditors, 000';'S,
500. Sehool Coniimsroner.-, 000;
13,500 Road Com mi~sone-a a, 000;
10 500. Legislative expenses, 45,
850 ; 400,000. Contingent Funds;
*Execntive D-epar'tmnt, 25,000;
20,000: 'lre'asurer, 000 ; 1,000. A t
trout'neyOnnasraI, 000 500. Coop
Ft' roler, 000 ; 500 ; State A uditot,
000 ; 500. Aedjauiant antd I'pecto. r
> General, 000 ; 500. Superinteadint
of Rdue ttin, (100 ; 500Jt. 8..e; et. ry
t of 8este, 000 y50. 8tate Lebrarian,
Tis statement is. not Intended as a
-'ffai e.maio of all public expenses
duig thb tdo perio is coniparead, but
', ~i ad'with itie view of exhabitintg
3 to thu e onventiona the relative areio'
a of expenditure by the preet' Oit
-ernmenOtt,-so tfui as herein okhhitsd .
0 T2pihW a donfereneco with lilt Ixcel
t lehcy Gov. 8cott, in accordance with
h the, termis of the .reV.aution under
y which this oommuittde d'as' reased,-hais
d Excellency roade substantially the foi
1i lowing anuggetina, in which yoam
1. The oiliec of County Au-litor
may be di-pensed with, except. i:1
Chrleston Couiity, and the Tr,-anurer
dscharge all the dutie mow pee form.
ed by the Auditor and Treacturcr.
2. The duties of 8ate Auditor
miay with projsriety be dichaiged
by the'Comeitroller Geter.t;
3. The dhitieS of the ComniiNi6nncr
of tie Bureau of AgricltarAl Statis.
tics enay b6 transferred to the Score
tnry of State, without additioial
The pilae of Aasltanti Ad.3utant
General enn be dispons i iWith, Mi1d
the duties performed by the AjiifiMu
5. A.itnnt Libiarian of tile Su
prethe b2.otlrt be dispetied with.
I. Ti.o eonlpensattion of S6ol
Jommj: bi -r may be reduced in all
he Couett d., to an equivalent for
h l ir te.r v ices.g
2. The compensation Vf Cointy
Jmisiiioners should bli reddoed,
he tonmbdr of days for iuty fixed by
iiW, ind the per diem aiowed only
or days actually on 'lUty ; their ae.
)untability for ionceys coedved for
iecee..; &c:, IsI4ul< ie' "cgulated by
aw, re( eirin the i to repor i
o comlipetenit authoity the armcouit.
-eoived, as hieretdforo stuch
inei.. have Hot bei-11 accounted for
nc]I il nyO bot ie:<
'he fNes Ui Trial .Jusicd , Solici
->r.4 attid Coni.tililes nght be proper
niatcLI fdr legislationl.
The Adj tant-Oceral'. salary
hould Ue re duved to I comiumeLsurale
11.u 11 with his tb lviee .
InI actil atini toe c1e enbk0s je tr.
i e . i , your C-j.eill ,ttbb are of
ptil"lt that $1) per ibein, during
le lt, i.g of tue Senate; is tile
omlipei stion to tie Li titent t-Gov
raor, While tham t.fficrer rceives the
ur; her baluiy of $2,500 pef amnutn.
III conclusion, your cotifiittbe
voulbi hiiy, geaerully, that thay ai' of
ptaiion Etiaa1 thie r.ite of conipensa
tona anOw p id to ttie varivus 8tate
cid 0C.unt y aofli;ets Inight be very
ees ctal il.;, re'.iinec II , A it g.eaet a ant:I .
3nyc tu ill people i f the Sua16 at id
vtihlit dtiritiviet to the pUI iid
ar. Tanh11oli, 1or the coenmittee
pp..i ed to inlent-gate tI.e filnaowial
...diti.,n e the Sate, ublAIllLL.d a
epior, uihIe was ad.o.
i he Contie.~t ce o E eie, to whom
vas refereud the tullo Ati g e-olittictii$,
Sk leave to sabmit their r, ptrt thee
ui. Tno re.olutious are ill tie fuliow.
Re olved, Thitt a contuitee oh
levenc bt- ejpoiced hey the Chair, to
oifer with hi. Exe.clienuy 0..v. Soutt
11 pulrlaillnleC 01 the furt1h iesulutaUn
>f tile Cai.iniber if Cunmeree, atid of
lie B uird of Te .-, of Ctarieston,
teed report to this Civentii..n in wIit
ng or otlherwise.
Ri:.olved, That it be referred to the
,,)lneIiit tee of 1,zvej to ii.guire of the
lovernor how many and what amount
>f bonidm lie ias signed utinder tbe eu
riuis A cts uuthot izing the same, and
what disposition has been iado of said
The committee proposes to consider,
in the firct p[ae, the subjpetat oim
braced ini the first oef the foregoing~
re..olutioncs. Thlete are better ex
gliaing~d by the resolautioan No. 4 of
the Chainber of Comainer ee, anad of the
Board oh Trade, refereed to theorii
'This is in thce followiung words:
Re-ohvoed, Thuat the State Cenven
tior of T~ax-Pay(ru b? reqdested tc
coufer with his Exielloancy the Gove
ernor, on the daii geuous f.-dal dondui'
tionl of the State, and request his offi
oihV did anid co-operation in the ives
tigat ion' of the ,eoontnts of the ('om#c~
tr.Iler un I of tlhe date Agent ia
New 70uR; do that tie atmonuet anfl
6caracter of. the botkled debt; uind ili
6thejr liabi'i-tids 6f th'e Stn'toe can
eleary sta'ed witN a Yied~ to snel
farthe~r action as im ty be n'eoesSar:
for tiee protee jon of the jpubli'oecredi
teri, acid of the Lax pajere of th,
TIhise restoiution having b,een' pub
lishd in theonwqyapjers' bd'ioi Ll0
asseblin of he Cventonyo's
committee were promaptly appcrlsed b,
hcic E~xcellecy the Goverenoc, and bi
thce other Stale fueioniuaries roterre
to,- of t'heir read iness to- furnishc Lb
reqired information. The 0u0611
troelier General furnished to the COw
veention thcemselves a printed state
moht of the funded debt of the Stat
of dou-h Careelinai, and informnatia
relative thereto. A coIpy of this papa
(maccrked A) is annuexed' to thiti 9cbr
In this a'atemient tub tdht1 funede
duet of t'he Wates ih et dow~n at ti.
seim of $7 (65 9 1898. To' the sun
of the iii de~d dent, viz :$7,6155.908.
9*4, mucast, bi added, lin order to exhib
the0 sium totiJ of'tb$ debt of the Stat
the casha aid'anced to' the Treaanr
by the In netal Agent. This 10 s8
dowu by .Mr. Kincjpton at te .rent
etum. of $600,000I-$,405:908,9
Mcd abe.o the ea hir dtAc of $410,0I
for btende. sold .by M r. Kimeptuan sin
thce ipfe of'thl Ce jltrollefd 'vpOi
vis :'$450;0O0'.mk ea gr dttot
de btof $8,865,608 Of'hea'bm in
taheof btifnds rentaitIig datold it 't
liabdbot thie a gasultoady albo
swas12.2 00. rate this aman
uqt niow be dt-dnted Oilh amout m i..l.1
fis abvo 't-It'ed, $.10 ,000-$1 8I 0 0So (
This am',untt tf bonaad.s, viz : $1 Hoo-, -
000, is pledgvel for the evucui y of' klh
$800,000 of eash adv.ancedI by IhI
III view of thizs Cotadition or the
Sna . e aithe S-ate 3.()ur cotumanittee
would raitpelItIly make the ful l; w~ing
eO oin tocii tai iais, : I'I
' mti his E .ix -el tacy the $overti
or he respetfully re o:ted to eonfer
with ti-c Fiataii.1 Agnit-Wihoa is
nlow in Clumbi.-aib. to teh! gnipha
to New YoPrkc not to ell aay mor,
bonds of the S&.ate at less than 80 por
0. ThM hi ExcelflencY bie 1 e ct
fully reque,ted to proceed to Nu
I York anld to make the mo.st econoai.
cal alrrmagemjent pot-sible for hohtig
Ih-S $1,800,000 of b.ands until I th,
above limit of 80 per cent. become.,
3 At 80 per cent., $1,000.000 ll
bonids4 will discharge the debt of $800.
000 diiho Platbial Agent, and re.
easoes $800,000 of the hy'poltlhcated
bonds. This sumt of botinds )out comn
mittee recommend that it may be re
spetfcully suggested to the devernot
to use in the following nainner :
The ambunt of funded debt nov
p-iyable, and that approeching matti.
rity, combinAed, is as Illows : Fire
laan bontds, IBri sg loaai, $400,oti .
fire loan ttok, $304,000 ; anonuti
ok-erd uc, $741.1;000 ; S:ate 11 .-e b..wil
1toature i. ihe ist uf Ju y, 187 1.
$250 000 -$994 000.
Yo r eaniiattee iccommoded thait
the $800,000 of bur pus bot.da abovi
ref tI'e.t d, ais sit' as It hey n1ty t.
1 lased 1o0 hyp .thecat io, be alp
plied t the mitistin.tt, inl pa it, ,.f
the a0ove debt f $994,01m. The
$744.000 o v, rd e b..tot erastitut,
to 6 tnuch of th'b fire 41:1n debt for
wtitch the Capat6 of I tI 13.aak of (lte
State is pledged, and your cotutiaittee
indulge the hpe tLat it. mlay be dis
ohe ajrge ft aan that, soure.
Ithe arr.inge.oeiatS sugge tool by
thoco n0aanlitte Ic an Ib carr~ed it
effet,tI.e auwlt will be as f.lows
54n to al or ,'ehtt as ait eady it ten.
A '5,008-98 ; add th h.otnias n,.w in
thl ha ids al thu- ae ntgaa a ad per.p s, d
te I Issm-, $1 .800t 0oot- $1.11,65
908 98 ; ded ati al: advaa.ces taad e is
t ae i a n pr.pased14 to be 1auri
$800,d00--*9,865,908.98 ; deduct
the itaatoitt of mAt.d i b (itlit pr. ised
(1 be pihId y (he $800 0(00 ol 'sm
plu. bad(a o( lhe basi.atol 4eihlty per
cent. b' r thet banids, v.i": -2,(i I , 1 30 -
$9 2:?5 90 98; shid il.e re ittit)der
tot dha. $994,att0 .f fua dad da-ht, fow
pre*.%ing ta.r -I met; Ih-, di jIyrgp'd
out ti the C! .% lt uc i t it I ( Oe
St.e, viz: *3554 000-$8 -71.908 98,
tiat (aial atiai I tilt debt %.i! be $8,
871,908.98. It may be reasolably
ohjeeted to tho.,e suggetions Oti
the prceit narket pa aoad of tlie. fotilN
is only vixt1f-iCe paef ceit ; wlile the
cale.Uations miatade proceed on tihe laI
si8 o-feighty per ciat. for the b. ide:
But. it i6 (auie aason-able to expect
that upiot this exhiblitii thle exa l t'
cotndititn of the d( bts of ih!- State,
and upon the Cacaourrt en(n of I him Ps,
celleiiey the Governor, ia the getncaf
uerne of manai m-aatt bei eiti a econti.
melnded, there will lae ant immlateahiste
and considerable a dvance i4 tle ir
het valume of the bonds, tiald grdatij~
incaseatd facilities fot! hiold ang thernt
off thet market.
Iloferrinag noew once nmore to thae sutn
of tbe finaoed debts t lao Comiitten'
deema it proper to atate tha.t they had
expeted to verify the aaouant by thte
evidenueca in hae Comptroller's u1lice,
but they wer'e d isapapointed. Th'le
Aet of Atugust Q6, 1868, athorizinag
-tnise of bondas for the pic snerat oi
- he ill t'eceivaible of the 8tte, pro
- Vided thiate thte bonds should be signed
by thd Go'uernaor antd t he Tlreaastrer.
Sobs:tqnent Aets followftg the saamie
douzN6. In dotnia4uenee, there is nao
record ki pt iln the (Cottptroll're' (a'
a eie (th'e precedi'ng statemenat, undder
t-he aut'h6aity 6o' this efilcor, iederived
a|fromt theo Treastarer. It is coafnatmed
iby the GO verniot, who unlited with
the Ti'easu t'e.,' M r. Pait'ker, in gitiaag
- ,tath donuniajtte e~ cry aasaurace of
,iscorlee'tness. And it' apapears to
your donim~itted t'hat thae severiil is ties
a' and suias of bonids described, are of
'/ unreasonable legalty antd force tas
ob~igationsi of the State. It seemst
s proper furthaer to explaain that the
-botld's saedet, the Act, of Auagust 20,
- 1868, 'for the paymaont of tie interesti
-on thte public debt.," were at Girst
e issued aith the abcove words enIbod'dd
n in thef orea df' tha bonad. Thiitt thae~o
r woida li'og dooeu'd objetioal, atn
.OthCnett (of I1Ar, for a lake ani.Outla
d ($1400t,000)'Atifpaepartd (ald exe
0 uititd,, tatd a w e tehit, t'o ,c lie F iail
n1 A'ginat.to sup~p y' thet pl ace of thet oh-'
-j j-.ionnald its'ud. Of tld h j oi tiaa
t. bl< is'e of bonida $50)0,J(00 were
&, Ilog sitaCe retuarned~ andt ctince~led, asi
I ,aears by the asuranceOs given td'
at ydir commaittee byj the Comp~atiler
4 Iatti Treuglarer. Upby' the authaoraay
9. lot Mr. Kaampton, Agetin, acid Mr.
9O Poker,' Treasuier, is apjpears albo
so tI a fttMcher sant of $400.000' heli
benh vt uriede withiv'a' fed dae
al Ttesd hd.e ndt yeao beWo endl1~t~Ied.
-* M*. Kimtati' dIs desied ty cont.
ie niit ees slintI ti r'hiiin) $ k'06,000t
1; wiedeo.bd returadd y tbaas Ibere
4 isot tyhJ.* .:oegt'.deley In- ef.
n v ain the ebuhnge theis .mroso franw
ihe :.c..ity of wai-ing until iit -er
eral :t 9111ninred, for tile b. 9h
first bonds had bleenl pled~ed. Th
nranenouof having" a liaam i:
a~get ni Ne Yoe k doe's not mazke:
favorablo impression upon th1q n.3 -
btrittee. Copies of t1ho necounts it ell
(-red by- 111 for the fiheal % ca(' 9
i8ki) a1d 1870 nVI unnexed to' thi.
,re1p0t for ibttree, uariked iespae
tively 13. lnd C. The large sum13 inl
91to0 6. or (onds a1i3ays inl t1e h1i.d
of the yelit i:: ittClddcl with uniusuaul
ask: inl th man'g 'n J[it of tle fillan
!e8 of a -thite, nhd the dilliculty oh
keepilig the IevoutIvs of the tigeniev
*1and of tho '"Tasu ' il C 'otan9t lulif
regul'L iecolt i geth t. It \ilt be
eCni, for ex~aipIle, by nibin flhlt B- tlat
it, the enid Ufthe keni, t he ttlo
he snas charg'Id to the Tr3,surer,
by Mr. Ki"igtih Ayd ,07,' .. .
whtile t he hi er'd ied to M r. Ki ,
-011 ly the Treasurer am lihted o
illy $624030l ; exhiiing a disei-rp
ie, $.181, 50, or disagreomn(.iIt
if $38-1,924,54; Iu ljhe linuner, n1e.
-fit itO bkibi s a 'diagreen of
fl di~~ (ellilt o'f
529. 726..12. It. i3 true that thicp
tlcollils vic itieenly broitght inito
' oi'ement, or rather into con
orit'iiy %% ith the nccounits of the
lgency . Tikekh I' added (6 Loth an
te-Ci3iu t (if tile .ILs, (ilient ilrij by I
svihich this was effected Nothing i.
le Ir?; ill t oti se licoutits to iImpeach
heir correete a tbut it will be M01n
low Wide cOn the obr is thrown for C
-rrors and dispits, i, foi- io grur cr
ws'ort utres. For example it will be 0
'041 that aliong t lie itr 11s brought tot
le CC lit ot, lie 110e11tin.t by 1fie Hilb
equent ontmies tefei red to, are thuee,
1:.1outi il B.Fi-eal year 1869,
lNoi ex i.e1o v, (including intrest, its
xpl Jieed to the eoiait.ee,) $64,. t
MU 71 , Aoeetibt b/. Fjea I eal year, e
187t). F.i.r exi en-es, (includitig ill. t
. res,) $11i,977.41: Total, $159,. It
)74 13. These appear to have been a
IeCe a SSed t., I lie credl it (if th1 n9geft
Y, wi hlit being nIliie'l The Cols
iittee undeIre-d Mr. P rr, tlib
l're-9ourer, to 8..y thit lie had nl it .
'seived oil ecounlt of the sevcral M
111 of cxpeane ihat go to. make up
i two s'ais of $64,99G.71 anid $94,
)77.72. 'Iese charges, as will here
Oter be thowit, 1(d enormm-ul v to
lie interestof tho public debt *Nor
fa this 11hlo 141 To I e o mIIIII tonv IO:,A u
oi Mr. Kimpton that his own prop
It' COu isi'-s, as 1Algeit, ar not ill
dude-d ill the above Films, aml that
he rate of compensation ii not evei
letermined or agreed upon. Yot
4u111100ie 'voulld hivo preferred to
;90ow with preciso %hi:.t rate of in
rest. rits8 f 4'm the addi in of
ie 6hti ge., but it is sencf 11ha1. the
1, I t1I if 11he 1 Xpenses is not ) Ct
thmiwn licit her do the Accounts show
he (X'kact, iyrongesuim of the cash :d-ml
a1r 0 ti tlie. pern '.u. Some
*p.xannt 6o to the truth may, how-'
!ver, be inndo in this wny. By le 9
o,rt of the Comptroller-General
or 1870; 4p. ot i0, 104, the follow.
In9J IipleniiI to aliv' hey. the g ir- -
terl1y t'ialebe. lee to Mr. Kliiylii
h)e% thu, T '; n i y : 'etober 1, 1 s 069,
515,424.54 ;J.m13nr.y 1. 1870, 18,..
).51 Ap-il 1, 1870, 573 317 21 :
UL64.or,..,,1870, 880,843.9I; T9 o.,,
f;2,697,9413.(I . Tiois t, M ' i-;Ii d, (I
b% fita. ti' 1eierIods giifes n lv er.ge'
oW $530',588 61 us the sumn of the ad
Vnnee's,9 Alil iiyvenh an~d a1 half moitlbs as I
the period oft tiliae for wh lich ti ey
we re uiade. The intel est of otheri
ibharges, 's i< lOf ho ti mqfer plt rt ofI
thi rport,'wil'..for twelv'e mn~oti;i,
$'94,/77.42, or $'/,914.78 per month. 1
If"ir'aven-and a hal9 f mtonths, it is
$59,3i50.8', or 't t ho r-a te of .seCven -
toena por eent, per anlanm. Aiua to
ttheis is et to be added theiagent's
the imipreseion that hisa ave'rage ad
tanewasi greitter thani theO 899m stated
by you~ar c3omm~fittee. But even if it
was8 $700l,009, instead of $539,588.0 I,
shet ilntst,. ( withont his conf~fii
ti~ta,) would iaIiutut at il. to the highl
rate of' thirteen and a half per cent.
per ainnum i. TIhe 1loss sustained by
this state ini thiis muode of' dealing is
oibvioiis~tind it i1 aggrtavated a ppar
ently by the fact thalt all this ri.k,
expense aend trouble arulted in the
aale of only $i 000,000 of bonds, and
these at thle uiaderate rate or seventy
per centuim. The Act providing for
the paty menti of the initerest on the
fundod debt in gold haid been yassed,
and haid added Iry largely to the
annu9ai il chain The 'e interest ~jid by
thjd fComapti oll', aedor ding~ t4 Jhe , -
Jfort of 1'870, Is $19 0,476 44 .he
cononsr padl by , Mr. l1hupton
amo1'unt~ied to O2'0,01'4I9%f. Th'e pro
1iii 9)u goIl~ paidI Mr iCimpion, 1and
c'h- I nd in t~. he sami acceotint, (0.) is'
$d'sd2. Tt ti ,' 4S,255.99; Thus
raiitit the iuterm . t ou the't'naddd ddbt
t hi~ 3 ar to about sd~eii and cjiatter
pd'r cent., itsstelad of sil' per cent., and
addins * 954'362 to tile dx ienses of
the 8late. The price of' he hondi, it
is tlne, rede to eighty f'r,den'. and
-ufwards,'but the Krate derined no
.heiof6t frnu th expeons's hehad incurr
ed to produce. the advane*, Ooly
oid nidlion was, .old, and those at
sevenity p@ r eit. .bn~~
Ihi revli6 g'I th'e chnle oodl.,
tlbd'd6f the Stat4/ It wad Iirposs~Il to
afaiI of bein~g gafely 1rapueaded by
thb es~omtin us pens'is of tihid present
day-as'eotzylir#4 Nitltb. onoup of
asp.6. Yovt maankd6 menAds an
p"Ialed to his Excellency Goven niir
Sott to use all i his power to eniforee
r trellcment in every depirtilent.
't wai impod;oiblel'or idr committee
itl the short time iloitd to their ardu
'Us task, to CxamiCne IWto the various
lecoutlts that exhibit thece expeindi.
ures, Ind to suggest in what part ieu.
bus1. they may ho curtailed. They
proecured from the Treasai-nr, in ia
lilmpeindious form, and attach to this
report. accuunnts () and E) showing
he receipts and disbursement of the
l'reasury for tie years 1869 mand 1870.
i'hey comnetid t i e e int eriest ing
loctiumenits to tie careful exatinination
md earnest consideration ol' tho a'x.
iayers anitd 6f the legislature. They
reieve that an impo,inig ret rench
1nent of exponsesc nan1y be iffected,
Iid that it is tihe shortest and best
venue of escape front the financial
lifliculties we suffer, and the surest
n'eani of reitoring juiet and o nii.
lenc among the people of tho 8: ato
Jess than $6(,0'00 will pay the in..
crest in gold on tie funded debt,
Aid $i,2o0,000 of revenue should
liutidatlly I-ullice to derly tie inter
.t, and ill otlie'r eipenses. ' The coin
n ittee holieve thm, by at vigomous aind
iersistnt eonomy, our eX ensis umay
>c reduced to this sum and the taxes
Thp exAtmition o \ir. Rimnpton s
ecount in detail was fountd imipossi
Ile, .s his books of aecounts are lie.
Asammrily in New York. The impor
illC of 1iich an e::aud :n hnantion is, how
ver, recognizel, in the intorests of
he tute; and for the satisf'tction of
he Financial Agent, by whom it is
ou rteously and cotrdia1lly invited.
'he same nmiy bie snid of the sevoral
lhcr of the State, to whom applien.
Liiiu for IlifX rmh'ation was made by your
Sinitte. Mr. Ne'igle, the Coup
'oller, was particularly pressing in
is Solicitations that all his books and
meounts might be thoroughly anad
As the result of ti deliberationa
r tihe connittee on tine matters ro
Ired and now reported on, they
ould respectchilly recominmcd to the
onvention the adoption of tle fol.
wing resolutiots. ,.
M. C. BU l'11l; Chairdin.
G. A. TiiENiIOLM,
WV. IL. W AL\CI,
CA D. JON ES,
it. \V. BAll-1,(;
WV. h. S.\ I F I 1,
11 I I A I11) LA Tl E RS,
E)WIN .1. SCO1T.
Resolved, As the sense of this
oljvenitionl, that the fulided debt of
tie 8uate, as described in the report
f the Comiti innIttee of Eleven, of this
odly, is a valid dobt, and that the
otior and funds of the State tire Ji
ally pledged for the redemption
Resolved, That the general Plan
.r the Ilnoiag(Ielt of tine tunded
ebt, suggested by the conmuittee, be
Cnunentitllclded to the favorablo con-i
iderationi of his Excellency the Gov.
Resolved, That to c'omplte Oho ex
mination of the necinr.ts of the Pi
ancial Agent in New Yolk, th
1omm nitteo of Eleven be authorized
In sit during the recess of the Conven
ion, and to nd a sub tn committee to
'fw York, for th'd pu'rposes l'ndica
ed ; and that tine saidl conhmittec ti'nd
tnb-commlnittee be furt her authorized,
f requtired by Gov. Scott, to assist,
iy th air counse at boto or , int
NeIV ~ ork, in thi' proposed ngotia
ions for the final adjustmrent~ of the
.IResolved,'JThat his Excellency Gov.
ciott be, andt lhe is hereby, eaL) nest ly
ohlicited to, maleo a systenma tie review
if' Line variouse oiamses of ectpedituns
'or the public snervicens, and to use uia
ruthority anud influenoo in arresting
ho present oxtravagatnt expendlitures
indl in substituting a system of rigid
eonomay and accountability in every
lopartmient of thu publio service;
that to this end his Excellency be
earnemstly anid respectfully urged to
adopt the sum of $1,'200,000 as the
lutmost limrit of expentdituro, anid
exert all his power and influence to
redutce the expenses,, includ ipg tho
interest op- the funded dobt, 60. this
tutn,' and to dim~inieli the cares i'n tlie
1tesolved, 'thyat tlie Ooritroller
and the Treasurer be required, by
huis Eoeellency the Governor, not to
tiestroy the $400,000 of objectionable
bor1i'd referro4 i~o in tWo rdport,' but
to da', e1 and fi'bo th'em,' so t'ht the
fact of the concellation thereof may
at gpy tA''me be demonstrated ; and
that the samcecouise be lursued in
refn'epod to all redeemed obigatioris of
t'ho State of any charadter wrhatsoever,
The ejiedial committed, dirdoeted by
t'he Cotvention to donfor with thec
Governor of'the Stata in relation tc
the postponement of the dollection' of
the taxes in Noifember ensu'ng, re
Tha w[mreded'd witit tie dpriviotor
under tihe peculiar oireumastand~ o
the dase,'add in, vidw or the fact tedtt
th'd jieople of the State at'e thus cade<o
~upon (? pay the taxes' fgr t wo separat
years in' onao,'of the justice of ,th
reason of relief p/ofosed tlfey hav
hlad an Interview with thE~ O~'oernor
*1I'o h6i *'uthorIfad 'them. t'o slato t,
tb4 bvetItidfthal' wbl)e the ,airlou
*the rcception of taxes at that time,
for such of the citizents as nay b'ei
be prepared to pay them, yet that thU
period ror their payment will be ex.
tentded to the first of March, A. D.
1872, within which time, if payment
s made, 11 p0enialty will be attached.
1 espectfully submitted,
T1OS. Y. SIMONS,
Mr. Woodward introduced a reos
lution, which was adoptbd, that thi
Executivo Commlteo be charged
with a tlioto'agh and,,minute investi
ation of the Iancd Comuission. . .
The Chitir appointed Messrs. Ed
win .J. Seott, '. P. iomas and
lichaard Lathers as a special coiii.
mittoo to attend upon the Legislattii-e
ind issist by thoir counsel and advice
in the examining of accounts.
CoL. J. 1'. Thomas asked to be et.
q ied from serving, and Col. Will
\a llAce was appoin'ted in his 86ad.
On motion of Judge AldiOh the
Convention resolved itself iito com
miittee of the whole; Gen. Chesnut id
A resolutipni of thanks to Ilion. I
1). Porter. P-esident, was unanimnodd
M r. Porter responded to the reso'
lutiou in fit and becoming terms ; at
the culo.e of which, the Convention
ndjourne(; having passed a resolutioti
of thlanlss to Governor Scott and thd
other public officials for their edurte;
sy and attention.
Gen. 0. Butler, from the Com.
of Eleven, submitted the following
The committeb to whom was re
feried the resolution of the Conven
tioh, "that a committe of eleven bd
appointed by the Chair to con.
fer with his Excellency Gov. Scott
in pursuance of fourth resolution of
the Chamber of Comnierce and Board
of Trado of the city of Charleston;
and report to this Convention in
wfiting or otherwise, "beg leave to
report that they have had an ex
tended conference with the Governor;
pursuant to the resolutijn of instruc.
tion, eliciting the following results :
It wan stated to the Executive by
your committee that they visited him;
pot asigaytisans of ihny bolitioal party;
but simply as rebresenthLives of the
tax payers of the Statn, to nshoald
in what manier tL could co-oper.
ate with him in correcting muy df ti'
prevhiling oviln now eausing popular
discontent; and to obtain from hill
an official statement of such facts and
suggestions as would rdnioto donOf
dence and securo retrenchment and
econdomy iii tho adininisti'ation of the
State govertiment. Tile Governor. in
reply, expressed his gratification.that
he was afforded an ol)portunity to laj
before the representatives of the tax
payers of the Stato the facts in his'
possession, gnd such information as
(vould nyeet the vie i df tfie e1mMIit
t6. ire.obAerved first, with refer.'
ence to the finances of tte Etite, that4
notwithstanding the runo'rs that an
illegal and irregular manipulation of
the publio funds had talln place, it
was the fact that noth ing had bee'
done inMoving the credi't of the State.
whioh was not stirictily authorized bf
law. And to satisfy t lo conimittool,
they wei in ited by the Treasurer,
Comptroller General and $tfite Agent
to mrake a thorough examination of
their respective official accounts. It
is very grat ifying to your committee to
sttate that these officials were present'
ist (fe iriteriiew, and have given free
accoess to their offices and books,'
upon which a epecial freport, will be
miade by a sub-conmmittee of this Con.'
vention. The G overnor produced
the printed statement of the funded
debt of South Carolina, which bal
been furnished to the members of
the Convention by thp,. Comptroller
General, an'd remp~rked that lhe be
lieved it to be substantially true, and
that lie had not signed ony other
bonds than thosa set forth in said
statement and tfAt lone had bood
issted pxopt b) Autioiity of lad;
Withireference to the unnecessary,
multiplication and increase of State'
and County offices, he remarked th't.
lhe wa s tiffod a farge number of
officials could be profitably dispensed
with, and that if the Convention'
would take positive action upon the,
s'ubect, it 46'ul probably ha'
wei'ght with the Leogislature andl iW.
duco economical restrictions, and
expresised the determination to exert
his influence with the General As.
serhbly t6ofset thsa(16bjedt ;' alfg
whi'6h is ufoao speciflif set forth in'
the report of a sub-di~omittee espe..
cially charfdl with this bilanih' of
,Uonhd suggestpid 6r yor ooins
mittee,u. th nd 6f thd prinC apcausi
es of popuilar cdomplaint an~d ,dissat.
isfaction consisted in the fact that.
mayo h fla d e and other,
ineompotoent, and so unequally dis
tributed as to preventeoonvenlint and
ready aoeH, his Excellonoy replied'
~that be fdily appre"Iated the force of4
thd rqk ,ad ie'ta this. was
di fUanltieswbhih bve existed darlig
%last six or eldbt jnonths ; that,uni
'eoentl'ygei bshd troublejla, 6o4
ing a proper Oldas of' ton for the TrI~l
Justioes and pt ber ofilomsp Tend4t 4b
a be wae esil',6d at ingeh of eep.
F snaa violeane and ibd1&atbas ei