The southern enterprise. [volume] (Greenville, S.C.) 1854-1870, 1863-02-05

- s n, y -
= -.l..-- - - u ~. a. 80. * i ...,... y
'---7 - y = = z - = : : -.
Frosa .he Richn'ond Enqoirer. -
- 3. - =. 80 g.. x
nouyh t4xonna Ana tu0 stats 8uarau.
t6e Of the Confederate SUebt.
N,.s,s .E3;fa,. ~ y,,,,,. 10 ,,e, ~ yls.s,,,.
her aoth. In e,,> a,.,.is 80, -.,,pnorttne ~.
cradle n thc Confsfersss ,ftee - .rr;,,. -
| m. pua,.ntee bv Alhlamc Of be, shsre N
Confederste ,i,.,,t. van -ay. S ~ rbis mai riot.
ic prcpo,iiion has l,.eu re.rondeJ IN hr
,be II .ey;sIntpre 70 m s,,,tE O. ,,,,;n.s .on,,,f
howeyer - ) ar. .,,,,vy IN, =. !. vs;,h s,,,n a
c,nii,iens-. a,ao,., tb.n,s ...rbsns : l,,n,,a-
tion ~ ,hs oar.ntse =, tbs i.;int ANS, ~ .~o
hn,,drs,i n,iII;ons m 4. ay;dsnt tba, if ~.
Ssa.es .eparat.lv ;mpo,a cond;,ions tl,ers
can be no common ha.is Of ac,ion. and the
whole scbeo,e p;ti fall lbrou,ho Ym nro
no.e itst IN !. o,,,,,ii,;,,.s al All ~ srra,,r.,
| In Congress. and ura,. ,hat a ih. sin,nle nro
| vIso Ia (nr~ III, S,at.s To o.ar.nt es n,
rate,bIs nro,,or,i,n ,b.;s st,.rs ~ En-. w !.
del,t." . " IS. 80 : J
1 = b,t me cay f.w WORDS IN nvtndicntion OF
1 tue ae,lon Of me Legs-iatnre of SOUTH S%ro
hna. The o'3rrt OF that body was nut 10
impose restrieti'hs which might hinder, tho
g,aranfee OF the war debt, but to adopt q
pan ny wbich the credit OF the GorernmrHt
mfght be placed ri'on hr'n basis, aud That
upon mo ",sst- -adSantagcons tern,s..r
I HE Legislature of south Cnroiina hrd
passed uhrouyh Its hrst reaning IN the ti"nse
| m hePrsssntnt,Ses 'he Din "drr'eo ny
| mem Se'"re u wHs KNOW" that ",s natlrr
had neen tifouyht oi e,sew b.re. Asa mat
Ter OF course, the Bill had been fra.n-d as
an original mras"re- On tee receipt oi me
| A'aoama reseinti'ns' the lrfhds oi the tba''
4
ti"n from the either States, bat s9h i''t
| themselves at h%r'S W eois'atr me .%o ~,
p'"ns ana 70 aec"e n@tw'en 'hen. Inc
| ruin is' 'that.sfeany. ~ the Comnh'tee ,o'
| Ways anu Men"s' haa neen u'se"sscd Inc
H"aranVee q! me who're n"n'' nn", iof r"a,
Sous when WIZ sprenr,'t nao neen uhani-
m""siy d"cid'd 'hnt the Pnriai gnarantee
would ne best t"r The country ny iarGe--
Yet ~ TINT. 'o,npaiaee was in"re thnn "ne
rers"n deeply interested ~ the present
on"ta aeet whose n.rronai tntercsis would
| nave hesn gre",,y MY en"ane.d 10y ag'arnntee
"r t"sets.'"p u -.isn f, f.s,en
lima sha,}a TIE :fsrsd on the conditn, s,,o, s6o
other States s;,ouLl ;,in us. either tbnt ali
should do no or at rSnst ,h,t i've or seven,
But, confident that the Other States would
| at laRt ultimately ui,its U III, ma .ua v.r.
unwilling To- en,barrass r;,lelae the a.tion
"t the Confcderste S;ntes.iv any such pr,,.
eisu. The Off r If Snuth Carolina was
therefore, absuluie--upon no condition On We
That The bonds should be sold 10 The hishes,
| bidder. and that If the State herself or an =
Of her citizens should make an .anal bid
with others, .he bonds should be theirs or
| here. ". '
" hen the Alabama resolutions reached
80 they we're foun'l to have placed he ratio
of obligation upon the representation in
| Congress. This wa. a NOR; .inple bat
| than ours. and our bill WAS chm n,,,.d Ia c,,,.
f,rt, .o n Ru, IN n, = orc.t rssr.t q, W. r..
found that ,hes, ,, ,ojn,Inn ;nvsIvsd h,,,I
tho obi.ctionabIe features wbicb y, i, ,hs
6an,ins, af our hill NO al .o,.;d.r.J al
rejected. Realizing the ;mnortancs of nhi.
fora,ity of action COMES Of ouy hin ard 20.
| pert were immedinteiy f.rwarird 10 pro,,.
inent yer.tle,nes Of. Alabama aud the other
states But in Justice ,oour own Judgment
and ma men iactinp for the welfare az the
| country, We could not adort the other n, AR
| If the action of ali the other States sbali
| show that our plan. when und, rs,aod, 4.
| not aprrsivei, south Carolina will then
! guarantee as the oibers: hut, IN the mean.
! time. ought she not to have acied as the
| b. st interests of the country seemed 10 her
| to demand. " 30 - 's'-. -
You suggest that The simpls not Of ,ho
| States shonld tc to pnarsnt.a - the debt. and
leave tt to Congress Io arrange the detojIs
| But tho adoption Of tb.. Alabama piap ,,y
all the Stat. would have left 10 Con pre:s
no oth.r detail than fixire tl,e rate cf inter
est aud date otpaymrnt Of the Bonds TO ab-
| sorb The Treasury Notes. Tho pntes them
s-ivcs, the interest benring as,-s with their
Interest. the q per cent. cali loan win IL.
ssv---&f. and the par cent. landed Jel.t viii
! Its interest,", ~ss.,i be alrr,dy Guaranteed
and uIat too, In their -fsr-..,,t e,.,, -, 4, :.