The Charleston daily news. [volume] (Charleston, S.C.) 1865-1873, 1869-11-27
Another Little Game.

promises OF lower taxation; the hungT.
office-seeker is pacilied by the recommends
ton that more fat sinecures be created; th
dissatisfied freedman is biddon to wait 8 lit
tie while, and labor convention will double
nis wages and make lifo pleasant forever
There is smattering Of all manner O
knowledge, and peepinS out OF all kinds 0
ignorance. The capacous Governor wht
gravely tells tho negroes that the Emperor
Severus was "a colored freedman" may wei
look forward to time when shad shall bl
sold in the Columbia market sat twenty foI
"a dollar, and, by dint OF purchasing coil
to pay the interest on the State debt tht
gold premium in New York shall obediently
come down ''to par" Now sneering at The
"aspiring young men" of the South, the
latchets OF whose shoes this person from
Ohio is not worthy to unloose; now expoun.
ding the doctrine OF mild protection in "ex.
tempting from taxation for five years" all
capital invested in manufactures; now de-
claring that the juries OF the State are not
Radical enough, and that justice is corrupt
ed sat the fountain head" by Anti-RadicGl
jurors; now confessing frankly that many Of
the prisoners confined for horrible crimes
were pardoned 'to preserve their civil
rights which allows them 10 vote for
the Radical party; now praising the Hubbard
constabulary and denouncing the press of
the State; now prattling of the spawn OF
oysters, and what should be the product Of
an acre Of land-Governor Scott has still an
eye TO business. And we do not hesitate TO
say that he and his friends, in all this pretty
talk about the soundness and prosperity Of
the State, have no other object in view than
another successful speculation in South Gar
lima bonds. The lick and promise which
the negroes receive is thrown in for political
effect What Governor Scott is driving at
is an appreciation OF the price of State bonds,
SO that he may be able TO dispose advan-
tageously Of his ill-gotten gains and line
with more feathers his already luxurious
what unkind view to take OF the motives and
desires OF the virtuous r e. Scott; but it is
borne out and sustained by long array Of
incontrovertible facts
Very much to the grief and modification
of "His Excensncy" and the cherubic Kimp-
ton, South Carolina securities dropped in
the New York market; MOI could the putting
of interested journalists prevent them from
sliding down toward the lowest depth Of
financial insecurity. The shrewd brokers
of Gotham, informed by their agents Of the
true condition OF affairs, made up their
minds that South Carolina bonds were un-
safe and precarious so long as o band of
beggars on horseback were riding the State
to ruin. Threats Of new subsidies, Of more
Blue Ridge rings, OF more Offices, OF new
extravaganza, reached their open ears, and
Mr.. Kimpton found himself unable to stem
the current OF doubt and hesitation. THs
CHARLESTON News opened the eyes of the
linanciers OF the North; nor could even o
young man OF much promise initiate anew
the collapsing Radical bubble. Away to
Columbia hied the cherubic Kimpton. In
words more forcible than elegant he de-
scribed the situation; ani as result OF the
mission we have the interesting message
which is, from beginu.ns to END, pleading
for high prices and an exposition OF the req
sons why the securities Of the State should
be bought with avidity and ''bulled" up to
par.
To make out his case, Governor Scott
ruthleSsly pitches overheard the Blue Ridge
Railroad, which little while ago was the
only thing that could save and redeem the
State. The people are promised lower taxes,
a sinking fund is recommended, and as
matter Of justice to the creditor, it is urged
that the interest on the debt in future be
paid in coin. It is proposed 10 go into the
market and buy gold with which to pay the
interest on the debt. And this move, which |
would at once increase by taoontyjsoe per
cent. the money paid for interest," which |
would add one-fourth to that class Of taxa
ton, will, We are told, be a great step TO- |
ward the resumption OF specie payments and
assist ''the able Secretary Of the Treasury"
in bringing gold to par. This is worthy Of
a SOFT and Kimpton. No smaller minds
could have discovered that the premium on
gold may be leSscuod by increasing the de- |
mand for coin, or that /. is th j duiy ofSoush |
Carolina at any cost, to make her bonds
equal 70 the bonds OF Massachusctbs We
suy that tits Is 4 bare-Iaced a*tempt& run
up the price OF State bonds end stocks for |
s yeculativc purposes bold effort so 10 in |
crease the price that The friends OF the I'D |
ministration may sell a. 8 profit all the se- |
curitics they hold. And when this has been |
accomplished, and the Radicals have un- |
loaded their bonds and stocks, the officials |
and the General Assembly will continue with |
new vigor their old course of wastefulnass
and folly. Within the last few days tho Rad |
ical agents have been buying up State bonds. |
They were snapped up as the Governors |
message was about to be made public. The |
uxuries which cannot be had, and the lpsts
which caunos lie grati.ied, upon the official |
pittance must be paid for by jobNng IN the
bonds and stocks Of the State.