The Anderson intelligencer. [volume] (Anderson Court House, S.C.) 1860-1914, 1868-07-22
GOVERNOR SCOTrS MESSAGE.
TEE POLICY OF his ADMINIsTRA.
ss TION MARKED OUT.
AN IMPORTANT DOCUMENT.
Gentlemen of the Senate and House of

Gentlemen. of the Senate and House of
Representatives:
Fof the utirst time in tue history of South
Carolina, her General Assembly has con-
ve,,ed under Constitution that reco=ni-
zes the rigI.ts of man. The monopoly OF
class. by which the few governed the
many mas gone down before the sove-
rvixnty ut the, people, and her institutions
i, have been founded on the broad basis,
that ..all governments derive their just
bowers from the consent OF the govern
ed Oar Constitution. recently ratified
ny tile vast majority OF the voters of
Sn,l Carolina, guarantees to the cilizen
evcry privilege consistent with the safety
of the State, and invests the State Will,
eyrry prerosativc not inconsistent with
the rights Of the citizen. Sound policy
aud correct principle thus unite in our
political system. and it will he your duty,
rs it will doubtless be your chief aim. so
to leyisiate that the public laws, and nd.
uiIi,st alton of the State, shall not dis
credit the Constitution under which you
have assembled.
The object of all legislation should be
the greatest good to the greatest number;
eotiai an,Fexact justice tD all is. therefore,
repaired at your hands; and | have no
>tf3dht that each and every class ana 10,
caIi,v IN the State will receive their due
share of public favor from your honora-
bic body.
FINANCE AND STATE DEBT.
The tinaucial condition o the State
wiil> doubtless engage Your early and
m,r<t serious a,ten,i ,l, and the necessary
WAYS aud means be provided, both for ihe
>unpo,t u'tits government a,.d 10 meet
an, Embellishments OF its creditors, for
-si.,.S:n.i domestic.
: Character is credit, and credit is the
sery snews OF the State in peace and war.
The obligation OF the State. therefore. 1"
c.l;.l at its liabilities is founded alike
upon, correct moral principle and sound
.nuiilic policy. This obligation should tic
Inc .norc sensibk lclt from the fact that
State cannot, like an individual. become
the subject ot coercive process to compel
II to NEE, lis Just Indebtedness; hut the
c...ii,ar must rely solely upon its honor.
Tie Convention appointed Boar'i OF
Commissioners to investigate the debt
aud available assets Of the state, with in-
.1structinls tn report the results of their
inyes,iuatinn To the Ge.cral Assembly at
it's first session. and az | am without amy
positive data upon this sntict, must re-
1e.s you to their report, winch Will donbt-
less soon be laid before your honorable
body. | will make this matter OF the
debt ot the State the subject "f Il special
message Ia the General Assembly. ar il is
one that vitality concerns the reputation
oi our people and the future credit OF the
State,
& EThe Information that now have places
tle valid d bt of the State. exclusive OF the
wsr d. bt at about five million FIVE hundred
,h usann dollars $50 ',oUt) This deb,
ie very: smalfcompa,cd with that OF ether
States and the resources ot The State. and
If prD,Ser measures are taken to promptly
saiqtiinate cthe int.rcsi due upon it, the
xredit ,,i' South Caruiina will stand as
high as that of any State. III the Union.
T fwouldirecomnend the funding ot the
unpaid interest now due upon the State
debt, and also that accrung up TO period
when the State will. without d"pht. be
able to meet her liabilities; and wouid
y. .yyesl The lst of July, 1869, as the date
! to winci, i, should bc funded. would
also recommend that all bonds Of the
State slonld be made payable in New
York as the financial centre of the coun,
try: and lsag all stocks shall be c"hvti.
,ihIc into bonds, Il, the pleasure OF the
holicss,
STATE BANK.
i reconmend an early and Thorough
-,iisiyeg.igation iIto the affairs of the State
Bank. with 4 view to ascertain the ia-
,iii;lcs it may have entailcd upon the
:;,ate, pursuant ,n the TURNS oi It's char
Ter. lis debts aud assets slio1,i Ice III.
oaire., into, aud ii shoulI be put in liqni.
si..fion us suun ak possible, IN order that
!: the just claims against it may be prompt
iy settled.
BONDS OF STATE OFFICERS AND DEPOSITORY
FOR STATE FUNDS.
In order To guard the State against loss
ny deiulcations or otherwise, | earnestly
recommend that all officers who are
charged with the custody "t pn'''ic iunds
..4.!. be required I" give ample bonds and
.s,.urlv for the sale Keeping "r faithful
.iLt,1,,,.,ncut ,,f the s:'n". al>" RECON-
.a,.,, Hat ii vc-pou,ihr la, k >'all b" dc
...te,. ~ i depository tor the iuhds "f
e STAT. aud that authority should he
s-,.'.! il, &c Ito, erm"r AID iwD private
-. 49,, IL, lc selected ty the G"nrr;l
a a,>.->i,liy. ui ,,lh.r,Ise. u dcnIand from
-t.r S ale Treasurer al any lime AN rXhib
4, a.. hi, ho"ks and all pntlic m"',r,- l"r
Wiici, hc may hc accountable; tbs i'i-
.;t,.,.,io. 1" he made ut least olcr III c;,ci,
quarter.
TAXATION AND ASSESSMENTS.
C.,,,. * no ,u.bI.n that can engage