The Charleston daily news. [volume] (Charleston, S.C.) 1865-1873, 1867-08-15

opening of the courts aflor tho war the people in
debts nearly NIL local;' nnl yuu add that ''thc
Northern cities and Charleston wcrr scarcely re,p-
| rrscntod, nor tnrn they since, la any extent.
nnrknhle and significant statement That large
portion OF the debts sued in this Military District
are for sums not over twenty dollars
You maintain that had 4 few rxcrui;o,,s lcru
pushed, tho wholr debt could have been pail will
livery very snInil sum OF money. That ~ owed ls
to tho end OF tho alphabet; but il is very evident
Tint twenty dollars would hGyo paid tho whole ni
the nlcbtoilness,' better argument for llro
waB required to- realize The rany mode of liuui,la-
non you have ciuchatcd w;iu Time that these
,,nrisrGhungcs ny. mlsht take place. 1t III precisely
this tho Stay law affords, leaving s tho plrsiII:,
assnrInct, from so high mn authority. that within
brief period tho financial ,lullictics of iha State
cantIy small.
Lot M Hee, OH the ntrr hand what would have
nSen ING elect OF rolusg This allowance OF time.
wcro peL'liiiE in tho Courts OF tho Siata fnriy
thousand nliits for debt. by the last cus,,s there
were only forty thousand white roters in the State
Allowing tho sum of fifty ,iuarJ IN cacl, rasr M
tho amount OF c0sls, fees cxIIcnscI LOST timp ,nI
cpreclatlom Of values by hurried liIuitlaton, YOU
iiavo Two millions of dnilars the loss in elect
S, DS hliBatlon, settlement. capable accorrliu..
,nr 90 your Statement OF being effected with twenty
uoarH-throush some peculiar process known to
the Board of Tra,le in Charleston "
lou proceed to observe that "r every cyccut;,,,
iiau Dcoh ITesHrtl, tho aggregate wealth of rarI,
histriet or County would not have been lcsscnoi,
owncrs" Surely it in not Dattnr of .,,,njl ;nirr
est 10 the merchants oil Charleston That The nrn
perry OF tlle farmers mechanics a,ul trltIcsinen
and the yuiturcs that flock 10 i,ltlicml salrs.
so inr as relates 10 the local tra,,nclonu or
charleston, your statement tint creditors residing:
there had not sought To enforce their r;-i,ns
shows that tho stay Inv has not injured, ii,n ,,s
nrss 81 the ely; nor is any injury likely 10 In prn-
S,u;S;d GGti WORTHY on ronlarson will, the manifest
frN,,, ,rI,..
trade OF Charleston derives all ils ihrIil.
You VIII not fail to observe that The n,,spcnsinu
between The 19lli OF December lS,;l and j,r III,
OF May, 1861 that after The expiration of the tenn,
pprarf a S,aT G OF prneeo,limgs for twelve months,
be enforced without hnlrauer; ami ihni M IN MI MI
transactions since May 18TH, ISlij ali the rcmr,I,
Afforded Iy the laws OF thu United States au,I Of
ara invi;:uratetl an reinforced by military rcrmi,
tions and tribunals. : '"' '
II will therefore bc secn that persons seeking Ia
invest capital and engage in hilsness cntcrnriscs
wlthln tins Military District cntlrl to nII thn
remedies ami havo Tree access to all the Tribunals
That belong to settled order " society; and that
II IL only those transactions incident To tLn ,i,,ur
ucrs OF lung war and 10 tho old svstcm or s,rri-
tn,e that arc affected by the military siay law
since tIo month OF J,nuary. 1857 tiiu market
pricp OF tho public stocks Of tho State OF SouIh
Carnina Shows that tile credit OF tho State
far from rcceting, has improved (icntirmem n,
lamlllnr rs you 9re with tllc operations of finance,
by measures which establish conai,lrran and i;r,n
authority, promote the industrial welfare of ibe
population, maintain order and provide Fur thc
permanent adjustment OF the political relations Of
the inhabitants. VI
Ills ESccilcncy tho Governor of Suuth Carolina
IN an official communication addressed Ia thc S.,m,
mandInE General has lIccn pleased TO say: ~ hnyo
Pcrused with Erent satisfaction yunr ticnrraI Or
dor TO- dated April IL, 1867, an,i beg leave to ex-
press my hearty concurrence id ali, ils nrny;s,na
an far as have becn able to ASCERTAIN pnllic s,,,
tmcnt, think u meets with The ,lll,I,iaiiticl un
proval OF our entire population" ''
Ia conclusion, gentlemen, | mn 10 inform vou
thaI eilo Major General Commandin.; fails TO dis
cover IN your slissestnns any sufficient rronull
and ne induises the hope that temperate soilnscs
nc'lilcscenrc in Tho measures provided for to tr,
sent eSiscncy, and stronger ties ur iraternifv
among the people of the commonwealth. may an,
courage the iabnra ur thpse who desire ami s.n il,
Inc future ot South Carolina even more than l,cr
ancient prosperity and rcnown. s'
Very respectfully,
}. W. CLOUS.
-. "a n.