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

fact that the fullest confidence Is yet
reposed in ftheirhonor and integrity
by the holders OF these bonds, not
withstanding the reports that have
su,ached themrelative to the attempts
to deprive them of the security, on
Tie faith of Which they lent their mon
ey.
II moreover confirms what was SO
frequently stated during the last ses-
sion of our Legislature, iii reply to
the sargumentst then used by the Anti
Bank party, tot the effect thatnothing
was easier than to offer the money to
the foreign creditors, and that they
would accept it-that the English
bond-holders were satisfied with the
security as it stood, and woud resist
any attempts tointerlerc withit.
The truth ofthe matteris this. En-
ghsh funds are not profitable as per-
manent investments for capitalists,
either great or small. Three, and
three and a halfper cent. per annum
hold out no Inducements. a loan
for long period, properly secured,
Offering five or six per cent.,,is eager
" jumped at. Individuals, oflimted
means, especially, grasp at the op-
portunity thereby afforded them of
increasing their incomes during the
time it has to run, being certain of re-
obtaining then capital at the eXpira-
ton of the time agreed uron. 1t is
not likely, then, that they would give
up what they now deem aprofitable
and permanent investment, unless
they receive an ample equivalent for
SO doing. Moreovern many of the
original bonds issued under the law
of 1888, have been so settled on chii-
dren and others, tliat it would be as
difficult task 10 discover the philos-
opher's stone. as TO obtain the con-
sent of the English Court Of Chance.
ry to a sale of them.
In short, one OF the principle il-
ducements to lend the money was
the length of time the loan had TO
run, coupled with the fact that the
profits ola well managed and thri-
wing Institution of the State was
pledged for the due payment Of the
principal and interest. This has been
punctually attended TO, and hence
the holders of these bonds III Eng
land have still the most implicit con
fidence in the faith of South CARROLL
ma, being confident that her 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 rohntu'iy
pIedged by them, they would en-
doubtcdly-of having obtained mon
ey under false prctcnces.
Nor is their confidence misplaced.
No PuUic faith characterizes South
Carolina. Despite the clamors Of a
few, her honor Solsn,nly plcIgcd will
not Lc violated. The security will
remain intact during us continuance
until 1865. And the hallot-boxes in
October x will Enthusiastically indi-
cate that, whatever otter Statcsmay
have been, South Carolina, at least,
is no reputiiator.-S,atc Right S Re
publican.
PRoFEssoR WEcsTE,---ln con
nection with the case of this unfortu-
nate individual-who is sentenced ty
behung on the 30th Augustnext, for
the murder of DIR Parkmcn, at Bos-
ton, under circumstances OF peculiar
atrocity-i il may be stated, says the
Boston Journal, as a somewhat sin
,ular coincidence, that John w.
Webster committed the murder ON
Friday-he was arrested on Friday
tho verdict Of the Coroner's (secret(
lnyuest was made public on Friday
--one of the regular days for his fam
lily 10 uisit him at thcjail was on Fr;-
day-the final decision of the Exec
utive 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.
sistance of two Yoke Of oxen and
two men, it will cut a ditch two feet
by three feet at the top, and eighteen
inches wide at the bottom, at the
rate Of 20 rods per day.
The Minnesota Piont 9 says HAT
aIarge colony Of Norwegians (some
20O09 are soon expected in that ter
ritory. ,8t ..l.., "A is,l, .r,i
a Scotchman and an Erishman
were travelling together. The Scotch
man was bald; and, ior6a joke, he
rose in the ninbt and shaved his COM