The Charleston daily news. [volume] (Charleston, S.C.) 1865-1873, 1871-11-17
81 The War with the Ring.

Ten days ago our contemporary, Tie
Courier, published q dispatch announcing
that it had been ascertained that the Ameri-
can Bank-note Company, OF New York, had
printed 500, Gao, 900 OF the bonds OF the State
OF South Carolina This was the beginning
OF succession of disclosures which have
opened wide the eyes Of the public, and
shown Northern Republicans that, If they
would be consistent, they must give to the
outraged taxpayers Of South Carolina at least
their moral support. The Democrats OF New
York fought side by side with the Republi-
cans in the battle with the Tweeds, Inger-
soils and Garveys OF the New York Ring.
And we have q right to expect from the
honest people OF the North all the counte-
nance they can give as as return for the
help given them, in their struggle with cor
ruption, by Democratic journals, Democratic
officials, Democratic lawyers and Democratic
citizens. For, the contest in South Carolina,
still more than the contest with the Tam
many Ring, is devoid Of political or party
purposes. We make no factious opposition
to the Government OF the State. We recog-
pize the officers of the State Government
and faithfully obey the laws. We have no
thought OF interfering with the rights or
privileges OF any class OF citizens. All that
we ask is, that we have honest and capable
agents who will administer the public affairs
with an impartial justice, and will honestly
collect and pay ont the revenues OF the
State. We believe that the all-absorbing
wish Of the white citizens Of the State is to
obtain good government. Ours is no war
with Republicanism, or with Republican
principles. We stand now where we stood
during the Reform canvass. And as was
declared by the South Carolina Democracy
more than three years ago, the reforms we
need we expect to obtain by peaceful agen-
cies alone.
But what is the course OF the officers OF
the State Government! Their history is Q
sickening record Of promises broken and
trusts betrayed. Governor Scott has again
and again been convicted OF fragrant ter
giyersation. The Comptroller.general has,
for two years past, omitted from the ofii-
cial statements all account Of the millions OF
bonds held in pawn by the Financial Agent
of the State. And now Governor Scott, Mr..
Treasurer Parker and General John B. Dem
mis- acknowledge, under their official sigma
lures, that there has been an appalling over
issue OF State bonds 1t is suggested by
their friends that they do not mean what
they say. We admit that they may have
told the truth by accident. But we are justi-
fed in requiring that, upon their own con-
fession, they be deemed guilty until they
prove their innocence. In their card, pub
lished on the 9Th instant, theysay:
To the Public:
have been made and published against the
credit of the State of South Carolina. it Is
irne that s2O, 900 OF bonds have been
printed. of which amount $9,O00,OO0 nave
never been signed or Issued, nor were lucy
printed with the intention to increase tne
Slate debt, but are in possession OF the state
authorities also, 81, 500 600 sterling oonds nave eve
been printed but not issued, and $4,000, 600
of registered stock are now in the hands OF
| the treasurer of the State, being balance OF
| S., ,04o, 900 issued. 49,, .,,a
the Legislature from time TO time passed
several acts for the issue Of bonds 10 pay tne
Indebtedness Of the State" subsequently IL
! passed an act for the conversion OF lts eecu-
rifles To provide for this the shove amount
In bonds was printed, which has given rise to
| many groundless misyepa paesentations and gross
tabrcaliOn5. sH. ...,.
r. K. SCOTT. Governor of South Carolina.
\ NILES g. PARKER, Treasurer.
| JOnN D. DENNIS, Chairman Of the Commit
| tee VI Stale Accounts.
This Is an admission: l. That S2s, $50, :