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Orangeburg news and times. (Orangeburg, S.C.) 1875-1877, September 22, 1877, Image 2

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DeTreville & He. ward
Orangebnrg C II., S. v.
i&" Will practiec in the various Courts
of the State*
W. J- DoTroville, James S- Ueywnrd
juno 23 tf.
Orangebuvg, S- C
?S?y Oflicc injrear of Masonic Hall.
?I areb 3 1 v
Knowlton & Wannam?ker,
? Orungcbiirg b. II., S. C
Aug. 11. Knowlten, F. M. Wannamakur,
Orangeburg C. II. ? St. Matthew*,
may 5 1377 tf
Dr. Xj. s. Wolfe can [lie found at hin office
over KzekicPs Store w lore lie is prepared
4o execute work on be mast improvul
?tylcs, at short notice}' and at reasonab
?prices" AH work giuifanlccd.
June 30 If.
TAKE he2, s
The Great Remedy for
The Great Cure for Dysf isia and Liver Disease.
Diseases of the I.iver.
ire for Dysf >sia and Liver Disua
The Great Cure for Indigestion and Liver Disease.
TAKE hepatome
The Great Cure for Cons nation and L. ver Disease.
TAKE hep atine
Tk< Grcttt Cure for Sicki JcaUachc & Liver Disease.
tic tur oicki jcouaLric ot livci uisca.'
re forChi I'?.gcveri. ai
.The Great CtiKsJlRilious Attacks and liver Disease,
take .i> lEPATINE
For Sour Stom'fi, Headache and Liver Disease.
For Female Wetness. General Debility and Liver
( A state of llic Stomach in which
its functioitsarc disturbed, often
without the presence of other
J diseases, attended with loss of
appetite, DSJlsef heartburn, sour stomach, rising of
food after eating sense of fullness or weight in the
stomach, acridor fetid eructations, a fluttering or
sinking at the plof the stomach, palpitations, illusion
of the senses, nnrbid feelings ana uneasiness of varU
?aus kinds,and -Aich Is permanently cured if you take
Constipation or
' A state of the bowels in which
the evacuations do not take place
US designed b/ nature and arc inordinately hard and
?xpclled with difficulty, caused by a low state of the
system, which diminishes the action of the a-.uscular
coat of the stomach. This disease is easily cm cd if
you will tak|
lES; ^3 IPA.TI
A condition of the Stonach pro
duced by inactivity of flic Liver,
when the food is not properly
il digested, and in when condi
tion the sufferer is liable to become the victim of
nearly evert disease that human flesh is heir to?
chills, fc verf and general prostration. 11 is positively
Cured if yoX take
Sick & Nervous
1 It was at one time sipposed that
the seat of the brail was in the
stomach. Certain it is a wonderful sympathy cxisis
between the two, and what effects one his an imme
diate effect on the other. So it is that a disordered
stomach invariably is followed by a synpatbetic ac
tion of the brain, and headaches all arise from this
cause. Headaches are easily cured if jou will take
Sour Stomach. ?
1 The former Is theprimary cause
of the latter. 1 sour stomach
Creates the hext and burning sensatnn. The con.
tents of the stomach ferment and ttrn sour. Sick
stomach, followed by griping, colic and diarrhoea,
often occur.
When the skin is yellow, TARE
When the tongue is coated, TAKE
For bitter, bad taste in the motlh, TA.?X3
&S~A teaspoonful in a wlncgliss full of water, as
directed on bottle, nnd you never will be sick. This
is saying a great deal, but we
A. ('. DUKKS, Druggist,
may 19 1877 ly
FOB S V\ A<).
A house and "lot at daini.-on's Turn Out
bounded on t lie Kant by I lie S. (J. Rail
Road* Will be sold elicap. Applv to
aug U tf.
Kilos CL Parker's Story of the
South Carolina Ring.
Ten Years of Rascality?An Expose of tho
Crimes of tho Carpet-bag Uovernuisnt
Jroui the Reconstruction Convention to
its Final Overthrow?1). II. Chamber
lain and II. II. Kimpton, tho Arch
Conspirators?Parker Didn't Intend to
Steal at First, but Chamberlain Tempted
him with Golden Fruit?Ho Repents
aud Relieves iu Hampton.
[From the New York World."]
The World reporter called upon
Mr. Kites G- Parker, at his house in
Jersey City, and obtai ncd from him a
very full statement, which was taken
down phonographicnlly. The state
ment was made without previous
preparation, and this may account in
great measure for some looseness
noticeable iu- tho arrangement, and
also for any slight inaccuracies of
dates or figures. Yesterday afternoon
Mr. Parker was engaged in conduct
ing a large temperance meeting
in ''crscy City, and on returning home
made the following statement:
I settled in Charleston in February,
1SG0, engaging in planting and the
mercantile supply business In 1867
Gen. Can by appointed me an alder
man in the Liiy of Charleston. Gail
lard was Mayor at the time aud there
was a place in lb. Council made va
cant by death. A few months later I
was appointed chairman of the com
mittee of legislation under the Re
construction uets. After the dis
charge of tluit daly, Idovo'cd myself
again to private business. 1 was soon,
however, elected a member of the
Constitutional Convention from
efibrt to secure my nomination or
election. In that convention 1 was
chairman of the committee on finance,
and succeeded in raising the amount
necessary for the expenses of the con
vention. In the discharge of my duties
I had the co operation and good will
of Governor Orr. As a member of
the convention I opposed the passage
of the law authorizing the State to
issue bonds. 1 took the ground that
the Stale indebtedness and the cur
rent expenses could be provided for
by taxation, and that any further
issue of bonds was unnecessary. A s
in previous years the State expenses
had not exceeded 0-100,000. 1 did
not believe that more than ?600,000
would be needed to cover them The
surplus amount paid into the treasury
as collected taxes would be enough
to meet the payment of interest on
the State debts, consolidated aud
fionting, and settle iu the course of a
few years all outstanding claims not
represented already by State bonds.
The act was incorporated in the Con
sliiution, however, in spite of my
opp osition.
At the first election under the new
Constitution I was put in nomination
for State treasurer and was elected.
This nomination grew wholly out of
the success which I had achieved in
raising the expenses of the conven
tion. I went into office iu July, 1868.
Scott was Governor, Chamberlain was
attorney-general, Cardozo, as secre
tary of Slate, Frank Moses was adju
tant-general and Ncagle was comp
troller-general. The constitution of
the Legislature was entirely Republi
can, I think without an exception.
Tljc Demom-ats refused to take part
in the election. Naturally both Sen
ate and House were composed very
largely of colored members. Frank
Moses was ,thc speaker of the House,
and undoubtedly the most influential
member of it during his four years'
term of office,
When I took- charge of the State
treasury there was only forty two dol
lars in it. By the comptroller general's
report for 1867 the bonded and stock
debt was nearly ?6,000,000, and there
was considerable inlet est outstanding
I as well as oilier unadjusted debts
amounting approximately to 8-$,000,
(100. The tax of the fitst your was
8* mills upon (heassessed valuation
of the property in the State. This
tax was expected to yield ?1,200,000
or ?1,800,000. The fiscal year of the
State closed on October 31st, 18G8.
We went into office in July, and a
special session of tho Legislature was
called immediately. Instead'.of im
posing a tax to cover the expenses of
the current year as well as the year
ended October 31,1869, we only im
posed one tax, as wc had then an
honest intention to relieve the people
of the State of all but necessary bur- .
dens. So we made a tax for one. year
only, intending to provide for out
standing claims by the issue of bonds.
Of this tax imposed wc collected
about three-fourths, and the balance
was left outstanding. No extraordi
nary measures were resorted to en
force its collection, and 1 think that
j ulgment was never obtained against
the delinquents in the courts. ;
Under the Provisional Government
a law had been passed authorizing the
funding of all outstanding debts,
interest and principal, up to July 1,
1867 The Legislature, in July, 1868,
passed a bill to pay all interest duo
from July 1, 1*G7, in gold. This bill
was engineered by the State financial
agent, H. II. Kinipton, He was a
friend and classmate of Chamber
lain's, and was introduced by him to
me as the proper man to bethefiuan
cial agent of the State. Ho was ap
pointed by the financial board ?
Scott, Chamberlain and myself. The
bill was regarded by us as Kimpton's
measure, and he represented that it
would rise the value of the bonds ma
terially, and enhance the credit of the
State. In this view he was supported
^^g;.:-^Mi-.' -~ ----^r1
that I never knew a financial act to
! pass the Legislature which was not
proposed as a bill by Iiimpton aud
sanctioned by Chamberlain. LIts bills
were always passed as presented. In
regard to this particular bill, it should
be added that the interest demanded
was paid in gold uutil the winter of
j 18G9-70, when tho law was changed,
so that thereafter the interest was
payable in currency. Kimpton was
himself obliged to obtain the change
of tho act, as it was seen to be impos
sible to meet the demauds upon the
treasury for gold.
In the course of 18G8 and 1869 the
Legislature passed acts to provide for
the redemption, at par, of all floating
debts outstanding. All those financial
measures authorizing the issue of
bonds were susceptible of two inter
pretations. The wording of one act
will sufficiently illustrate this point:
"The Governor is hereby authorized
and directed to borrow ?1,000,000
upon bonds of the State of South
Carolina, said bonds to bo signed by
the Governor and treasurer, and seal
ed by the secretary of State, to be
payable in South Carolina and at the
New York financial agency." The
dcbatablo point is whether bonds re
presenting 81,000,000 were to be put
on the market, or whether Sl.000,000
was to be obtained by the sale of
bonds at any price. This point I
will take up presently. In round
numbers the financial board was au
thorized to raise $3,200,000 in the
year 1808-09 by tho issue of bonds of j
the State of South Carolina; $1,000,- |
000 for the payment of interest on the
public debt at G per cent., 81,000,000
for the relief of the treasury at 7 per
cent., 8500,000 for the redemption of
Governor Orr'e currency, and 8700,
000 for the purchase of lands under
the land commission. One million
two hundred thousand dollars was
called for in addition to provide for
tho redemption of the bills of the
State bank. These bills have not yet
been redeemed, but are floating about
in considerable quantities, though I
do not believe any one knows how
many arc in existence.
In this session also the famous Con
version act was passed. This act au
thorized the issue of bonds to take up
all outstanding bonded apd stock iu
fvuH declared to
and cpnsolida-'t
securities. All
debtedncss of every kin^H, and author
ized, furthermore, all-holders of stock
or any kind of govern mcut securities
to convert them intp -.these bonds.
The object of this act
bo to give uniformity!
lion to all classes of
these acts, I repeat, w< re presented by
the financial agent,! Kimpton, and
urged upon the financial board by
him as a necessity. They wero never
prepared by Scott ov myself, but al
ways by Cham her jam and Kimpton.
Chamberlain used to say to me that,|
Kimpton declared these measures to
be ncccssaiy, and be supposed that
they were so. Underlie act author
izing the Governor to borrow $1,000;
000 to pay the iutere/?Tupon the pub
lic debts, $2,OOC,000 of bonds were
issued. Five bundled thousand dol
lars of these bonds were returned and
bonded in preseneenof the. financial
board and others, $250,000 were ex
changed by tho financial agent,tor
conversion bonds, and $1,250,000 re
mained out. The $500,000 bonds that
were returned had passed through the
hands of the financial agent. While
in his possession coupons might have
been taken ofij cj*'they might have
been applied for the payment of the
interest, and so |ot info the hands of
tho public. In :his last way, they
might have been presented to the
State treasury honestly for funding.
I was sued upon a civil process for
$450,000 in 1874, the allegation being
that I had funded that amount illegal
ly in the treasury. ^A, judgment was
rendered against jno for $70^000; but
this, you 'will bear in was the'
judgment on a teacbni'cal wrong in^n
civil suit. As soon^a.tho conversion
act was passed,..e veryTarge number
of these bonds weyej"pvinfe.d. Of these
bonds $l,200,000f wftro ||3ucd strictly
in accordane^^llflfe^^ffl^^^^^?f ?
?xijj,: .^_i.^.jrall Jkjlt.JjMitJJM 'MW i v,
put on the market in an arbitrary
manner. For all that, the money ob
tabled by che State on these bonds by
Frank Moses was issued by me, as.
treasurer, iu accordance with law.
Now the $3,200,000 which the
J Legislature authorized the Govornor
Lo raise by tho sale of bonds had to be
obtained at a sacrifice. The bonds of
tho State would not sell at anything
like par. In fact, when first issued,
wo were obliged to dispose of thorn for
twenty cents on a dollar. When the
acts passed the Legislature, I under
stood, and I think it was generally
understood by all members of the
Legislature except those let iuto the
secret, that $3,200,000 iu bonds at par
was the total sum authorized by the
acts. When the acts wero passed,
however, Chamberlain and Kimpton
pointed out what was the literal in
terpretation of tho acts. They con
tended that bonds could be sold at
any sacrifice to obtain the sum in
cash of $3,200,000. Relying on
Chamberlain as the legal advisor of
the board, Scott and I consented to
the issue of the amount of bonds ne
cessary to raise tho authorized sum.
11 o found, however,that the ordinary
I ends of tho State wero not taken
readily when put on tho market.
Hankers require the best security pos
sible, before they will invest their
money iu the purchase of bonds, that
the bonds are legally issued. This
point was involved in some doubt, and
when they discovered that there were
more than a million of bonds issued
under the act to provido for the pay
ment of the public debt, they refused
to deal these bonds, or rather to take
them iu any way. In this exigency
I recourse was had to the aot authoriz
ing the issue of conversion bonds. The
act provides that these bonds shall bo
issued for the redemption of other
State securities, but it was contended
by Chamberlain find Kimpton, that
these bonds could also bo issued di
rectly, that is they could be put on
the market and sold like ordinary
bonds, nnd the proceods devoted to
the redemption of outstanding claims
and to meet other Slate expense?,
Scott and \ wero prevailed upon by
Chamberlain and Kimpton to coun
teuauce this issue of bouds, "Wheu,
therefore, these conversion bonds were
put directly on the market they wore
sold quite readily, for brokers had u o
means o? . knowing how many were
issued, oTrxouid be issued, in ono year.
So they^ecured .these bonds as col
lateral security, and purchased them
in preference to tho ethers. Perhaps
thi? was not exactly fair, butwe went,
on the priclple that outsiders'were
boundjto look out for tneraselves^. 1'lie
object '? of. the financial board in this
wns to seouro money at.the least cost
to the State/?nd there \yas no^ inten
tion to dofratld the State thereby.
During the four years, in which we
were iu office the bonded debt was in
creased about S1?,0??,Q00;. All out
standing claims were provided for and
Wip.ed out, so that at the end of tho
four years the only outstabding debt
was for the current expeniei of tho
State during 1872. This, board liVs
been censured for causing these a<jts
>to ho passed. \ Who., drew up a?il
presented the acta ?- ?hainborlaln
drew -up every one of them, arid
Kimpton presented them. . The pro
position for the issue of conversion
bonds directly was made by Chamber
lain. I looked upou this issue as a
necessity. I look upon it now as I
did then. My first opposition to the
issue of bonds in the Constitutional
'Convention was due to tho belief that
the State expenses could be provided1
for without this issue, by taxation.
Wheu I found, however, that 'the
State expenses were extravagant, and
demands wcro made upon the treas-,
ury by law for money, I acquiesced in
the measures proposed by Ghat?ber
laiu anil Kimpton. .
a [, Thore" w..s a legible irtbYeusq.'o f,
of the Legislature. Frank Moses was
in the chair, and I am told by trust
worthy persons that be has acknow
ledged to having signed away ??00,- j
UOU dishonestly, though I am sure that
it was a much larger sum. I believe
that three or four millions of dollars j
were spent in excess of the necessary
expenses for the meetings of the
Legislatures during these four years.
Both Senate and House wore respon
sible for this. The first president of
the Senate was a pretty good mm,
Boozer. They soon got him out, how
ever. Ho was elected a ju Ige and
went out during the first session.
Hausier, a colored man, took his
place. He was equal to the occasion .
Corbiu was president pro tein, of tho
Senate when Boozer, the Lieutenant
Governor, was absen1.. lie paid
Cor bin a good deal of money. Still
he held a large number of offices and
received large salaries and regular
perquisites therefrom. 1 know noth
ing, therefore, to inculpate him.
I had no doubt that a number of
charges brought against tho treasury
were impr perly passed by tho L'gis
laturo. In particular thore wer j a
number of live thousand dollar claims
presi ntod which I thought were out
rageous, certificates issued by those
who purchased senators and repre
sentatives. The certificates were pro
perly authorized, however, and I had
to pay them. Stipp?se I had refused
to honor them, what would have boon
the result? Why I should have been
kicked out- for not doing my duty as
treastuer. Thcro was too much influ
ence brought to bear against me. If
I had stood out alone it would not
have made any difference. Why, 1
have been to Frank Moses,
and said to him : "You will have no
money at all in the treasury if you go
on in this way." Frank Moses would
only look up t\m\ laugh. "Talk about
these Republican Reformers," he
would pay, "you never heard me say
anything about re form.1* No, said 1,
I never did,
I went outofofllco on October 31,
1872. Scott wont out at thesamo time,
and Moses came in as Governor.
Samuel Molton succeed Chamberlain
as attorney general, but wheu Cham
berlain weut uut of office he bucauio
MoltoriV law partner, and bo got right
behind tbe'tbrphe again. One of the '.
first ? actfl^cjj^ the' Legislature after v
Frank- Mosqs became Governor.was
an,act directing the at torney general
of the State to prosecute tho latpsink
fing fund commissioners of th o Stato
for corruption. These commissioners
?,werevScott, Neaglo, Chamberlain, the
chairman of the financo committee of .
the Sonatarand the chairman of the
ways and moans committee of the
House. Did Melton do it now ?. What
did lie do? Waited until April 1874,
and then commenced a prosecution
against me. The complaint was made
by Daniel H. Chamberlain, then
Governor and eSom^io; president of j
the sinking fund commission. The
attorney general brought a suit for the
recovery < of;?25,000yalleged to have
been fraudulently misapplied. I was
arrested and held to bail, ^.night
or two before my arrest Chamberlain
had been talking' to me a3 pleasantly"
a? ever in the theatre, where Anna
Dickiuson was lecturiug. We had a
loving parting, but he sneaked off and
caused mo to be arrested on the next'
day, or within a.few days at^any rate.
When I succeeded, however, in pres3
ingthe thing to a suit it was. wl_pross*}
ed by the attorney general. On who3e
shoulders does the blame for the bor
rowing of tho,$25,000 lie ? The sink
ing fund commissioners ought to have
been prosecuted for thei}: part in the
matter as well as for other crimes
which they committed. Tho treasury
needed the money,' aud it was none of
my business who lent the amount. It . .
was not my funeral at all. I consulted ?
? with Chamberlain, asking him if it
steps any crime on "ray part to borrow
Jlhis m ouey.- "Ho," he said, "it is uo
l?|ime of yours." Chamberlain will
ply now that be was iu a micdrity on
the sinkiug fund commission^nd that
-'rt~' ^??'"?i-:'^'^'-J^^-*bp*nVon0w'-to tha
treasury without his consent. At any
rate the sinking fund commissioners
are responsible iu this matter and not
myself, the treasurer.
Tin: nun: ridge railroad swindle.
In regard to the Blue Ridge Rail
road swindle, by which the State was
said to have been defrauded out of
81,800,000, I can say at least that I
had nothing to do with the road, ex
cept when called upon, in my capacity
as Stato treasurer, to pay over to the
officers of the road.the scrip voted by
the Legislature When Harrison was
President of the road, $4,000,000 was
voted by the Legislature, in State
scrip, to defray the expenses of its con
struction. Harrison applied to Scott,
who was then Governor, for money,
and Scott requested Kimpton furnish
$200,000 to Harrison for the road iu
return for $000,000 of,the bonded
stock of the road owned by the State.
Kimpton, I believe, still hasthat
$000,000 of stock. Cameron succeed
ed Harrison as president of the road,
and Patterson succeeded Cameron.
So Patterson came to have control of
the four millions of stock, less the
$(500,000 which Kimpton had gobbled?
It is this $.3,000,000 that ho has got
now to iiccouut for. I know that ho
borrowed $325,000 from a gentleman
in this city, Mr. 10. B. Wesley, giving
$700,000 of tho Blue Ridge Road
stock as security. I cannot toll what
disposition ho made of any portion
except of this amount. I never owned
a dollar's worth of stock iu tho'
road myself. Scott owned stock iu it
and holds it to-day. As to the letter
of I 'at tcrson to me as Stat^ treasurer,
published a few days ago, authorizing
me to deliver to H. H. Kimpton re
venue land scrip amounting to $114,
250, I am ready to admit that it is
genuine, If you ask mo whether I
paid this order, I answer that I paid
every order for this scrip made upon
the treasury by Senator Patterson as
president, of tho road. .1 did notseo
that I had any authority to withhold
the scrip, so long as it was drawn in
accordance with legal provisions. If
Uic scrip was afterwards misapplied,
I had nothing to do with this subse
quent handliug of it.
. Ar financial agent of the Stato,
Kimpton had in bis possession all
[continued on beconed tage.]

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