The Charleston daily news. [volume] (Charleston, S.C.) 1865-1873, 1871-06-08
GOVERNOR SCOTI'S WEALTH.
what-he Said to n Herald Reporter
oneAhe Subject.

The New York Herald, Of Monday last, con-
tains a long account OF an Interview between
one of lis reporters aud Governor Scott, IN
Columbia. The bulk, ot-the conversation re-
lated to the Taxpayers Convention and The
Ku-Klux. On these subjects our readers are
already familiar with the Governors views.
The interview closed as. folloSs:
.sGovernor, / have heard it stated that you
are O millionaire and have made an immense
amount OF money out oil youI poslllon. Is Inal
so?"
I'm answering that question I will say this,
that I have never regarded il as good policy
for any man to make a pubic declaration OF
his poverty, us very frequently a large portion
of q mans capital is his reputation as the pos
SCISSOR of wealth. Therefore II were TO al,
init the fact that l was a millionaire, II would
rive me a much better standing than If were
10 tell the simple truth, Tie fact Is, when l
entered the army my property, which was IN
Ohio. consisted mostly OF wild, uncultlVated
lands. The money l received from various
sources during the war was from lime 10 M
so invested. These lands have since appreci,
ated in value perhaps four or 1Ye lines, anu
are worth today over
ONE nuSDRED THOUSAND DOLLARS.
In addition a portion OF tile Town Oh Napo-
icon, UQlO, Is uuIIL Ou my PtoPSAVy
also rapidly enhancing In price, besides az
fordinp me an income. This Income l have
invested ir South Carolina. In iaet, before |
was nominated as Governor | had invested al
nv surplus means, and borrowed addltloaai
money, Which ! Invested liz the stocks and
bonds OF the State to the amount OF nearly one
hundred thousand dollars, purchasing tne
bonds at from twenLy-seyen 70 1orty.LWo cenls
an the dollar. In 1867 found myself the owner
ut nerhaps one hundred and len thousand dol
lars worth Of State stocks and bonds. Some
of these bonds were sold at advanced rates TO
return the loans on which / had made the
original purchase. Or course the appreciation
under my administration has made q conslde-
rable increase in their value. To-day, If my
property in South Carolina; raal and personal,
were sold at the best prevailing rate,
! SHOULD HAVE, SAL $4,000.
The stories of my immese wealth are simply
fabrications by those VINO nave no no,a means u
ITO your knowledge has your name ever
been mentioned by the colored people In con-
neclion with the Presidency or Ylce-Presl-
dency m ..s., :.
answering in the negative, out the sugges-
lions have come from persons OF no impor,
lance and are merely the result OF personal
feelings"
tWhat are You views with reference to the
finances Of the State 2"
II regard them in as healthy q condition as
any ST ate in the Union. Our debt is q mere
bagatelle-only eight millions and odd dollars.
The taxpayers have pledged themselves anew
10 its redemption, the taxes are being prompt.
" paid, and expenses will be greatly reduced.
The July interest will be promptly met as soUu
as it falls due. / therefore consider tnat IN
less bad and vicious men combine to destroy
their own State, South Carolina one day, and
| that not a distant one, will hold as high n po-
siLion as she has ever eDjored. No mall IN
South. Carolina cah more felvently pray and
work for that contamination than myself"