The Charleston daily news. [volume] (Charleston, S.C.) 1865-1873, 1869-09-13
Fair Warming.

The Unionville Times talks right out in
meeting on the subject of the proposed re-
pudiation by the white people Of the State
of all responsibility in the future for the
outrageous debt which wasteful and dis.
honest administration, backed by venal
and corrupt Legislature, is reoklessly piling
up on the backs Of the taxpayers Of South
Carolina. In order that the capitalists of
the North may have an opportunity to know
how our people feel and talk about the
South Carolina bonds, already far too plen-
tiful, and the issue of which there is rea-
son to fear has only begun, we reproduce
the timely and temperate article Of our
Unionville contemporary:
,.Tha. Ranublicap nartY renr aAa.-A----'---5
email portion of the taxpayers, and the mem
bers Of that party care very little how much
taxes are extorted from the purses of those
whom they have not the honor to represett
concerning our State officials, there are
painful rumors; and these rumors are gene
rally believed. We have heard of private en-
terprlses being abandoned, from as urance
that no charter OF joint-stock company could
he obtained from the South Carolina Legisla-
ture, without money sufficient to pay the MEM
bers of that body for their votes. We have
heard Governor Scott charged with being indi-
vldually interested in measures which he off,
ciaIly commended to the Legislature. We have
heard that the Chatham Railroad, and the
Greenvlle and Columbia Railroad, and the
Savannah and Charleston Railroad, had sus-
ceeded in having thoir respective bills passed
by'the free use Of money distributed among
the Republican members OF that high body
And now we hear that Governor Scott Is pre-
pared to recommend to the coming session OF
the Legislature an appropriation of money
say ten millions Of dollars--,o carry out q
measure of internal Improvement in which he
has largely invest ed-nine millions to complete
the work, and one million to buy the votes
necessary to obtain the appropriation. We
hope these things are not SO, and that Veritas
will promptly deny them. But the people do
believe these charges. and it is even suspected
that the contractors believe them too. III an
additional ten millions OF dollars are put up, n
the market, as the guaranteed bonds OF an in
complete railroad, the total accumulated bond
ed debt OF South Carolina, during the eighteen
months OF Republican rule, will approximate
fifteen million Of dollars, with an annual inter-
est thereon OF over one million dollars.
"Can we stand it2 Not we'll. Can We avert
it q? Our people have NO money for State bonds.
The State bonds will be sold on Wall-street.
Wall-street believes to-day that few mora
years will put every Southern State back under
the control Of Southern white men,. These
bonds must be paid then-so Wall street
thinks-sy appropriations made by Southern
white men. Well now. we ask Southern white
men to step forward and protest against their
liability to pay bonds guaranteed at the in
stance Of q Governor VINO il individually inter.
ested, and part OF which bonds was paid to
disreputable legislators as the price OF their
vote. Let Wall-street and the commercial
world understand. fr )m the outspoken declar-
ations OF aIl persons who I'VE the States in-
terest at heart that thoy do not feei moral
ODnR2tlOu 10 puy tueSo Uouuo ioo'in6 uPoA
them, and the bonds will be al insubus upon
the market, with no buying rates, and very low
selling ones. Lot them 20 forth dependent
upon the solvency OF On unconslructod rail
road, and contingent upon the continuance i'll
Offices of non. taxpayers. as q class, aud uot
even the financial ability Of that rising fnan-
cial light, who assists Governor Scott in The
manipulation OF south Carolina finances III
New York. will be able to put them above
twenty-five cents in the dollar.
Just here ia the proper place for tho sneer,
that we are endeavorinR to depreclate South
Carolina bonds. Not 30; we wish our people to
publish 10 the world that they re not South
Carolina bonds. If Governor Scott and Re-
pub loan legislators, unmncful Of their trusts,
legisIate by bribery and vote as th,y are paid.
feeling no interest in the future payments Of
liabilities now incurred, surely they, who do
feel an interest, should properly assert and
proclaim to the world 10 advance that these
itters Of corruption and extravaganza will not
be- paid if we can helpit.
''Rest assured that such voics would be
and its deprsoiating influence upon
he anticipated bondswould bury them forever,