Keowee courier. [volume] (Pickens Court House, S.C.) 1849-current, 1850-08-02

fact that the fullest donidence is yet
repospd in their honor andintegrity
by the holders Of these bonds, not,
withstanding the reports that have
reached themrelatiSe to attempts,
to deprive them of the security, ON
the faith of which they lent their mon1
ey.
III moreover confirms what was SO
frequently stated during the last ses-
sion of our Legislature, III reply to
the arguments then used by the Anti
Bank party,tot the effect thatnothing
was easier than to offer the money to
the foreign creditors. anti that they
would accept it-that the English
bond-bolders were satisfied with the
security as it stood, and would resist
any attempts to interfere withit.
Ihe truthofthe nuateris this. En-
ghsh funds are not profitable as per-
manem investments for capitalists,
either great or small. Three, and
three and a halfper cent. per annam
hold out no Inducements A loan
for a long period, properly secured,
offering five or six per cent.,i eager
ly jumped at Individuals, oflimted
means, especially, grasp Mt the op-
porunity thereby afforded them of
increasing their incomes during the
time it has to run, beng certain ofrc-
obtaining then capital at the expira-
ton of the time agreed uroa 1t is
not likely, then, that they would give
up what they now deem a profitable
and permanent investments unless
they receive an ample equivalent for
SO dong. Moreover, many of the
original bonds issued under the law
of 1893, have been SO settled on chii-
dren and others, that itWould be as
difficult a task to discover the philos-
opher's stone, asto obtain the CON
sent of the English Couftof Chance.
ry toa sale of them. $50
In short, one of the principle in.
ducements to lend the money was
the length of time the loan had 10
run, coupled with the fact that the
profits of a well managed and thri-
wing Institution of the State was
pledged for the due payment of the
principal and interest. This has been
attended to, and hence
the holders of these bonds IN Eng
land have still the most implicit con
fidence in the faith of South Caroli-
ma, being confident thather generous
open and true-hartcd citizens will
never give occasion to the Charge
which If they were to tamper in any
way with the security coluntWty
pledged by them, they would en-
doubtedly-of having obtained mon
ey under false pretcnces.
Nor is their confidence misplaced.
No Punic faith characteri2es South
Carolina. Despite the clamors of
few, her honor soismnly pleaged will
not bc violated. Thc security will
remain intact during its continuance
until 1868. And the ballot-boxes in
October n x; will enthusiastically indi-
cate that, whatever otter States may
have been, South Carolina, at least.
is no repudiator.-S;atc Right Re
publican.
PRoFEssoR WEcsTER---In con
nection with the case ofthis unfortu-
nate individual-who is sentencedty
be hung on the 30th August next, for
the murder of DIR Parkmcn, at Bos-
ton, under circumstances OF peculiar
-itmay be stated, says the
Boston Journal, as a somewhat sin
gular coincidence, that John w.
Webster committed, the murder ON
Friday was arrested on Friday
the verdict Of the Coroner S (secret(
lnvuest was made public on Friday
one of the regular days for his fam
ly 10 uisit him at the jail was on FRI /
1ay--the final decision of the Exec
utiye was given on Friday and his
execution is to take place on FRI,
day.
A machine has been invented at
Chicago which promises TO super
cede the use of spades. BY the as.
Of two Yoke of oxen ana
two men, it will cut a ditch two feet
by three feet at the Top, and eighteen
inches wide at the bottom, ut the
rate of 20 rods per day. s. :,
The Minnesota Hon! 9 says that.
alarge colcny Of Norwegians (some
20Q00) are soon expected IN that ter
rltory. 5s aS, oe.f.,s 81 ,;s,d lss,,,,ll
4 A Scotchmim and AN IrishmanI
were travelling togetherafThe Scotch
man was bald; and, for "a Joke, he
rose IN the ninbti and shaved his com,