The Fairfield herald. [volume] (Winnsboro, S.C.) 1849-1876, 1871-05-24

|pealed to his Exccllency Governor
Saott to use all his power to enforce
Il trenchment in every department
It was impossible FOR yUur committee
IN the short time allotted to their ardu.
Gus task, to examine Into the various
'ccounts that exhibit these cxpcudi.
;ures, aud to suggest in what particu.
lars they may be curtuilcd. They
procured from the Trcasurer, in "A
compendiouS form, and attach to this
report. accounts I'd and E) showing
the receipts and disbursement of tho
Treasury for the years 1869 and 1870.
They commcnd these interesting
documents to the careful examination
and earnest consideration OF tho tax.
payers and Of the legislature. They
believe that an imposing retrcnch-
nent Of expenses may be effected,
aud that it is the shortest and best
avenue of escape from the financial
diihcultles VIC suffer, and the surcst
means ofrcStoriug Quiet and conf.
deuce among the people Of tho State
Less than $G6o,OO0 will pay the in,
tcrest in gold on the funded debt,
and Sl,2nO,000 of revenue should
abundant ~ suffice to dcrray the inter-
est and all other expenses. The com.
mlttee believe that by vigorous and
persistent economy, our expenses may
be reduced TO this sum and tho taxes
rroportionatcly abatcd.
The examination Of Mr.. Kimpton's
account in detail was found impossi-
Die, rs his books of accounts are nc.
cs>sarily in New York. The impor
tHncc Of such an examination is, how
ever, recognized, in the interests of
the State, and for the satisfaction of
the Financial Agent, by whom it is
courteou>ly and cordially invited.
The same may be said of tho several
officers Of the State, to whom appIica.
ton for inf.rmation was made by your
committee. Mr.. Neaglc, the Comp.
troller, was particularly pressing in
his solicitations that all his books and
accounts might DC thoroughly and
critically c2athined.
AS the result of tho deliberations
Of the committee on the matters ro.
fc'rcd and now reported on, they
would respectfully recommend to the
Convention the adoption Of the fol.
lowing resolutions.
NJ. G. BU UrLER; Chairman.
G. A. TRENHOLM,
G.. CANNON,
w. II. WALLACE,
CAD. JONES,
B. W. BALI,
W. b. SMITH,
RICHARD LATlIERS,
EDWIN j. SCOTT.
Resolved, AS the sense of this
Convention, that the funded debt of
the State, as described in tho report
of the Committee Of Eleven, of this
body, is a valid debt, and that the
honor and funds of the State are law
fully pledged for tho redemption
thereof.
Resolved, That the general plan
tor the management of the funded
debt, suggested by tho committee, be
recommended to the favorable con-
sideration of his Excelency the Gov
crnor.
Resolved, That to complete tho cx.
animation of the accounts of the FL
nancial Agent in New York, tho
Committee Of Eleven be authorized
To sit during the recess Of the Conven.
e'ion, aud to send sub committee to
New York, for the purposes indicl-
ted d; and that the said committee and
subcommittee be further authorized,
if required by Gov. Scott, to assist,
by their counscls, at homo or in
New York, in the proposed ncgotia-
,ions for the final adjustment Of the
funded debt.
Resolved, That his Exccllepcy Gov.
Scott be, and he is hereby, earnestly
solicited to make a systematic review
Of tho various classes of cxpcditu, cs
for the public services, and to use MS
authority and influence in arresting
tho present cxtravagant expenditures
and in substituting systcm of rigid
economy and accountability in every
department of tho public service
that to this end his Exccllency bo
earnestly and respectfully urged to
adopt the sum Of ST. 100000 as the
utmost limit of expenditure, and
excst all his power and influence to
reduce the expenses, including tho
interest on tho funded debt, to: this
sum- and to diminish tho taxes In the
same extent. .,
Resolved, That the Comptroller
and tho Treasurer be required, by
his Excellency the Governor, not to
destroy .be 100000 ofobjcctionable
bond referred to in the report, but
to can9el and Glo them, so chat the
fact Of tho cancellation thereof mo J
at apy time be demonstrated ant
that the same course bo pursued j,
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