The Charleston daily news. [volume] (Charleston, S.C.) 1865-1873, 1871-05-15
James Chestnut on the legal investigating com
mittee was then agreed to.

THE BONDS OF, 1hE olAlE AGESls.
The following resolution was introduced by
Mr.. E. j. Scott, Of Columbia, and, on motion
of Mr.. T. Y. SimonE, Immediately considered
and adopted:
Whereas, 1t is customary and proper that
persons entrusted with large amounts of the
bubble funds should guarantee the safekeep-
ing and faithful disbursement Of the same; and
whereas H. H. Kimpton, Esq. the State inan-
cal agent in New York. who holds about two
millions of State bonds, has given nothing but
his own personal obligation for the discharge
of his duties,
Resolred. That the attention Of the Governor
and the encouragement be specially directed
to the risk cf.oss BY the death or default Of
said agent and that they be requested to re-
onire of him a bond, with such good and
Sufficient security as will protect the interests
of the State committed to his hands.
An OVER ISSUE OF BONDS.
Colonel Cadwallader Jones, OF Edgefeld,
offered the, following, which was referred to
the committee of eleven, and Subsequently re-
ported upon favorably and adopted:
Whereas By the act of the 2GLh of August,
entitled an act to authorize State loan, to
nav Interest on the public debt. the Governor
was authorized to borrow on the credit OF the
State. on coupon bonds, a:sum not exceeding
one million OF dollars, or SO much thereof as
NAV be necessary TO pay the interest on the
public debt: and whereas, it appears that in
stead of one million. two million OF dollars OF
coupon bonds were created, the one with the
words ssfor interest" engraved thereon, and
the other without those words; and whereas,
although It Is now stated that 100000 Of the
Two millions thus issued has been recalled;
therefore.
Resolred. That this convention cannot but
deem this transaction as uncalled' Tor, and
without legal authority, and as exhibiting
an irregularty and capacity ior irauo Wnich
merits It's stern condemnation.
IRREGULARITIES OF JOE cREws's INVESTIGATING
COMMITTEE.
Hon. A. P. Aldrich, from the executive COM
mlttee. made the following report. which was
adopted:
The executive committee, to whom was re-
ferred o preamble and resolutions N regard 10
a larger amount having been drawn from the
treasury by the committee OF the Senate and
House Of Representatives, for the purpose oil
investigating Irregularities in the Third Con-
pressional District, than has been properly ac-
Counted for, ask leave to report that they have
considered the same, and recommend that the
same be referred 10 the encouragement, win
the recommendation that the subject is well
worthy OF judicial examination, anu, IN the
opinion of the committee, is entitled to the
attention of The prosecuting officer OF The
State.
Mr.. Simons, from the special tax committee,
reported as follows, and the report was adopt
ed:
The special committee directed by the CON
vention TO confer with the Governor Oh the
State. in relation TO the postponelncnt OF the
collection of the taxes in November ensuing,
bpp leave TO report that impressed with the
CONVICTION under the peculiar circumstances
of the case. andin view of the fact that the peo.
ple of the State are thus called upon to pay
the taxes for two separate years ID one. OF lne
Justice OF the measure OF rellel proposed
they have had an interview with the Govern
or. who has authorized them to state to the
convention, that while the various Offices will
be open in November for the reception Of the
taxes at that time, from such Of the citizens
as may be then prepared to pay them, yet
that the period for their payment Will be ex-
tended to the first OF March, a. D. 1872, with
In which time If payment Is made no penalty
will attach.
There being no business for the moment
before The convention, brief
RECESS
was taken. On renssembling, General M. Z.
Butler chairman of the committee OF eleven,
made the following report. which was uEani-
mously concurred in:
THE CONFERENCE WITH THE GOVERNOR.
The committee to whom was referred the
resolution of the convention, THAT COM
miltee Of eleven be appointed by the chair TO
confer with his EXceency Governor Scott, IN
pursuance OF the fourth resolution of the Cham
ber of Commerce and Board OF Trade, OF the
CITY of Charleston, and report to this conven-
tlon in writing or otherwise" beg leave to re-
port that they have had an extended confer
ence with the Governor pursuant 10 the resolu-
ton Of instruction, elicting the following re-
suits:
It was ated to the Executive by your COM
mitlee, that they visited him, not as part;sans
of any political party, but simply as representa-
live OF the taxpayers OF the State, to ascer-
tain in what manner they could cooperate
with him in correcting many Of the prevailing
evils now causing popular discomfort. and to
obtain from him an official statement OF such
facts and suggestions as would promote con-
iidence and secure retrenchmenL and economy
in the administration Of the State Govern
ment.
The Governor, in reply, expressed his graft
Law be ore the representatives Of the taxpayers
of the State the facts in his possession, and
such information as would meet the views oil
the committee.
He observed, first, with reference to the
finances of the State, that, Notwithstanding
the rumors that an illegal ard irregular
mauipulalion OF the public funds had taken
Mace. il was the fact that nothing had been
done involving the credit OF the Slate which
was not strictly authorized by law. And 10
satisfy the commf1tee, they were invited by
the treasurer, Omptroller-general apu Slate
agent TO make thorough examination oil
their respective official accounts. 1t is very
gratifying TO your committee TO state that
these officials were present at Lhe interview,
aud have given free access 10 Their olhces anu
books, upon which d special report VIII De
made bv q subcommittee Of this convention.
. The Governor produced the printed state
ment of the funded debt oil South Carolina,
which has been furnished 10 the members oil
the convention by the comptrOllcr-Seneral,
and remarked thut he believed 1t to be SUBJ
stant!ally true, and that he had not signed any
other bonds Than those set forth IN SAID state
ment. and that none had been issued except
by authority OF law.
9. With reference to the unnecessary multi
plicntiotf and increase OF State and county
offices. he remarked that he was satisfied
large number of officials could be prohta0iy
DISPENSED with, and that II the convention
would take pusitive action upon the subjecl, IL
would probably have weight with the Legisli-
ture, and induce economical restrictions; ana
EXPRESSED the determination 10 exert MS IN.
fuence with the General Assembly to effect
thai object: all of which is more specifically
set forth in the report Of a subcommittee es-
nrclallv CHARGED with this branch Of their in
alructions.
9 Iinnn ihe surneslion Of your committee.