The daily phoenix. [volume] (Columbia, S.C.) 1865-1878, 1871-12-15
.na!.LAT.yM PRocRnn1ness.
THURSDAY, DEoEMBER IA, 1871.
2ENATE

1Ee.sLAT.yn PR0cNnn1nas.
THURSDAY, DKoEMBER IA, 1871.
SENATE.
The Senate met at IL NJ, President
Ransier in the Chair.
A4umber OF bills were received from
tne house. which were read and referred.
me following bills were passed: To
ohange tho name of William Nathaniel
Martin and to make him one Of the IeosI
nelrs OF his father; to renew the charter
OF the Palmetto Fire Engine COMPANY
OF Columbia; to amend the charter of
the town of Lancaster; to regulate pilot.
age at the ports of Charleston, Beaufort
and Georgetown; to allow the citizens OF
Bethel Township, York County, the
right and privilege of turning O portion
OF the Armstrong Ford Road, for tho
purpose Of keeping up better public
highway; to amend an Act mo. 1927
passed in the General Assembly of 1870
and 1871, entitled IAN Act to grant. re-.
new and amend the charters Of certain
towns and villages therein mentioned. {"
commencing With Section 3G of said
ACT, relating to the town of Wrights-
vile: to charter the town OF Bolton, in
the County Of Anderson.
MIR. Mash introduced the following
resolution: That the bill to create State
Board of Health and vital statistics, be
referred to committee consisting of
Dr. u. 8. j. Hayes. of the Senate, Drs.
y. III. Doyle and B. A. Bosemon, of the
House, and Drs. j. T. Darby, A. N.
Ialley. Ct. 8. Trezevant and r. w.
dibbes, from tho oity of Columbia; said
committee to report at the enrliest prac.
ticable day, upon the expedienoy and
the practicability of the measures pre-
sented.
The following bills were presented:
MIR. Hayes-Bill TO authorize Comfy
Ireasurers to secure pay certificates Of
the General Assembly on payment of
taxes.
Mr.. Nash-To incorporate the Carolina
O!i Company; also, for the construction
OF now court house for Richlanl
County.
MIR. Whittcmore-Bill to repeal an Act
entitled an Act of the State of South
Carolina known as the sterling funded
debt; also. to pay the principal and in :.
terest OF all the bonds Of the State of
South Carolina; also, to repeal an ACT to
authorize the Financial Agent of tile
State of South Carolina, residing in the
city OF New York, to pledge bonds as
collateral security, and for other pnr-
poses.
At P. NJ, the Senate adjourned till
Tomorrow, at IL NJ.
HOUSE OF REPRESENTATIv
The House met at IL NJ, Speaker
Moses in the Chair.
Sundry committees reported upon
joint resolutions and bills; which we're
referred.
The following bills we're passed: Bill
authorizing and empowering w. G.
Garetz and others to establish and build
y wharf at Martins Point, Wadmalaw
Island, S. O.; to empower the Judges
OF the Probate Court, in their respective
Counties, to issue executions; to incorpo-
rate tue Mission Presbyterian Church, of
Summerville, S. c.; to re-chartor Will.
liamsburg Presbyterian Church, of Will
iiamsburg County; to repeal Joint reso.
luton authorizing the Governor to pur-
chase 2.OU0 stand of arms, of the most
improved pattern, with the usual COM
plement oiW mmunition; to incorporate
certain reliH ious societies.
A number of bills were read and ro.
ferred, as also reports OF various com
mittees.
Mr.. Bowen, from tho committee ap.
pointed under resolution authorizing
an Investigation into the alleged over.
lssue of State bonds, submitted the fol-
lowing. which was read and referred:
10 THE House OF REPRESENTATIVES,
The committee appointed under the re-
solution authorizing an Investigation into
the alleged over-issue of State bonds.
have had the same under consideration.
and beg leave to submit the following re-
port:
The whole amount of the bonded debt
OF tho State, rs shown by tho report of
the Comptroller General, on the 3lst of
October, 1868, was S5,407, ,306.27, ex-
elusive OF what is known as the war debt
Io this amount add the bonds issued to
redeem the bills of the Bank of the State.
81 ,z58 900, making the old debt Sc, $685.
S56.2 10 this amount thero was, dur
ing the years 1869 and 1870, added
SOU, 600 in bonds to redeem bills receiv-
able, and S500,000 iu bonds which had
been issued to pay interest on public
debt, and had been sold by the Financial
Agent. making the bonded debt of the
State. on the 3lst Of October, 1870,
81 7,GG5. S56.27. There was also, at the
same time, in the hands of the Financial
Agent, 81 1000. 900 Of bonds for the relief
of tho Treasury, S500,OOO to pay in
terest on public debt and 500, 600 Land
Commission bonds, making q grand total
of SO. G65, ,856.27, and showing that only
So, 2O0.0 new bonds have been issued
up to 3lst October, 1870, to wit: Bonds
to redeem bills receivable $500, 600; to
pay interest on public debt 81, 600. 600;
for relief of Treasury ST.. 900, 900; Land
Commission bonds 500, O0OO; total
S3. 100000. According to the sworn
statement Of the State Treasurer, there
are now signed and outstanding 50, 514.-
600 of new State bonds Deduct from
this amount the So, 200. 900 that were ont
on the 3lst of October. 1870, and we find
thet Sc. 3l4. 900 have been signed and put