The daily phoenix. [volume] (Columbia, S.C.) 1865-1878, 1871-12-24

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ChEEleston Courier.
BowEN's SPxHcH. Lon taking The fioo,
this morning he proposed, in as brief 9
manner as possible, to -ltate his position.
He said he had been asked to enter into
some compromise by which the thing
could be adjusted: but no had this much
to say, when he entered into this investi.
CATION he intended to go to the bot
tom OF the affair. He was willing that
the revolution should go over until he
GOULD get fair. square vote. He could
not see what difference It would make il
the House would let the resolution 40
oyer until such time as q fair vote could
be obtained. He had been informed
that telegram had been received from
New York, stating that the bonds OF the
State had reached the low figure of five
cents. All ha could say was, that he
couldn't help it. It was the fault Of the
men who launched on the market Sc, ,OOO,-
600 OF bonds illegally, and it ill-beoomes
those parties TO sat mp snch defence.
understand that it has been reported
that had asked the Governor to retain
In office the Financial Agent OF ths State
Thisis not true. But the circumstances
OF the case are, that while in New York
saw blank sheet of paper, signed by
Governor Scott. which proposed to
transfer So, 800. 900 of the sterling bonds.
Ii it had not been for me that So, ,OOO.-
600 OF sterling loan bonds. on which he
allowed his signature to be Autographed,
would have been launched on the market.
l can prove this by the statement of the
treasurer OF the State. That piece Of
paper was signed by the Governor and
filled mp by man now claiming to have
the authority to transfer the bonds in
question.
The Governor had no right to transfer
these bonds to the Treasurer as he did.
Well. then, I discovered the scheme by
which So, 800, 900 of these bonds were
signed, and were about to pass out of
the hands Of the State. This is what I
did, and charge that, without consult
ing a majority of the board appointed,
under the sterling loan ACT, the Govern
or attempted to issue $3,50O,OOO. He
(the Governor) knew that one of the OF
hoers of the board intended to COM
menoe legal proceedings to prevent the
issue OF these bonds-when Scott and
Parker begged him not to do 30. Now,
l notice. when the chief of the ring is
attacked, every one who has been con-
cs-cea e -o5bing the Staie-T mean
anybody that the coat fits-rushes to his
defence. This was in reply to ques-
ton from j. N. Hayne as to who he
meant. I will tell the gentleman
little story, which will serve to illustrate
my meaning: A distinguished Senator,
once in the halls of Congress, was ask ed
IN reference to charge he made, who
he meant He replied by saying, that
when he was at home he once took gun
and fred it accidentally into pack of
dogs. and he knew which of the dogs
were hurt by their bowling. Perhaps
somebody can guess now who I mean.
But to resume. I propose, first, to take
up the Greenville Railroad swindle.
And 1 would say right here that see
many on this floor who were interested
in that job. Every single dollar that
went to buy up the controlling interest
OF the ring in the stock of that road, came
out OF the State Treasury and another fact
IN connection with it is this: When the
people In the up.country, who owned the
stock, found that there was demand Tor
it, they held on to it. and at thst time
the South Caaolina Railroad was Offer
ing five dollars per share. What did
this ring doP Why, they passed the
sinking fund bill. and the Sinking Fund
Commissioners sold the States interest
in the road to the ring for 2.75 share,
when they knew that the South Carolina
Railroad would give them five dollars
After they had sold, Governor Scott re-
fused to sign the transfer unless they
gave his brother-in-law $4,000 interest
In it; and, what is more, he did not
sign until his brother-in-law got the
"a, 900. With facts Of this kind before
it. does the House propose to let these
gentlemen off because this proceeding is
embarrassing to them? In 1867, after
the Reconstruction Acts of Congress
went into effect, new party was found
ed in South Carolina. arrayed myself
with that party, because my sympathieo
and opinions were with it. But never
understood, and do not understand now,
that Republicanism means that you can
rob the people of the State. It has been
stated that went to Governor Scott and
aeked him to sign check for 1928, 900,
end would Withdraw this movement.
I pronounce this statement false-a will
full and malicious lie. know that the
ring have circulated this report, but I
say to them, If they have no better
grounds for defence, their cause is in
deed weak.
But must hurry on, and pass now
to the Land Commission frauds; and
right here would invoke the kind con-
sideration of the members OF the House,
whose constituency have been robbed of
their hard-earned gains. The Act was