The Camden journal. [volume] (Camden, S.C.) 1866-1891, 1871-04-06

II used and expended BY. persons who
hold Office under ithelstate government,
aadItho sums appropriated for alleged
tublic uses are excessive and cxtrava>
giant; :,
: -Ana ,ohereas, The credit of the State
has been, pledged Illegally and it is !
now proposed 10 pledge the credit Of
the State for further loansf By % new
issue OF bonds, which may be.negutia-
ted sin.the market Ito persuns who may
take them, 10 ignorance of the circum-
stances under which they are issued
Therefore, -, .
1. Reso1sed, That We, the propcrty>
holders and taxpayers of the State, re-
siding in the City. Of. Charleston, do
hereby deem it our duty to declare that
the bonds heretofore issued without
legal sanction, aud the SO. called sterling
loan,. OF any other bonds or obligations
hereafter issued purporting TO be under
and by virtue Of, the authority of this,
State, will not be held binding on us,
and that VIC shall, in every manner and
at all times, resist the payment thereof
or the enforcement of any tax to pay
the same, by all legitimate means with
in our power.
2. Resolvcd, That VIC deem it our
duty to warn all persons not to receive,
by way of purchase, loan or otherwise,
any bond or obligation,hereafter issued,
purporting to blind the property or
pledge the credit of,the State; and that
all such bonds or obligaties will" be
held by us to be null and void, as hav-
ing been issued corruptly, i'nprovideut.
ly, and for fraudulent purposes, and in
derogatiou of therights Of that portion
of this State upon whom the public
burdens are made to rest.
5. Resolucd, That the taxpayers Of
the State arc hereby requested to meet
ia their respective counties for the
consideration Of this subject, and the
enormous taxes levied of the current
year, and for the appointment of two
delegates torcprescnt each county in a
State Convention, to BE- held in Colum-
bia on the second TUESDAY in May
next, for the same purpose. =.
A. Rcsolved, That this State Con
vcution Of Taxpayers be requested to
confer with his Excelcncy, the Co
vernon, on the dangerous fiscal condi:
ton of tile State and request his official
aid and cooperation in the investisa-
ton ofthe accounts ofthe Comptroller
and State Agent in New York, 30 that
the amount and character Of the bond
dcot and all other liabilities of tho
State can be clearly stated, with q
view to such further acticn as moy be
necessary for the protection of the pub:
lie creditors and Of the taxpayers oil the
Commonwealth. ~ ti:rsj ftsSt -s@>sG.
RESOLUTIONS OF THE DoARD0FTRADE.
Whereas, under; the operation of the
present State Government, the majority
.of.tne properly holders and taxpayers
ofthe State, romatwhoms tle,i public
revenue is mainly -dsriyed,y are exslu-
ded from any power in the: legislation
efthe State, and from any practical
influence in the mpositionsof taxess y.
And, whereas; the moneys raised BY
taxation are inprosidcntly and corrupt
! ly used aud expended by persons who
hold Office under the State Govern~
ment, aud tho sums appropriated for
alleged public uses Sarc 5excessiSe,and
extraVagant 'z IS. E.,.,1:.' - 81
And, whereas, the credit Of the State
has been pledged illegally, and it is
nowproposed to pledge the credit of
the State for further loans, by anew
issue of bonds, which may besnegotia.
ted in che market to persons who may
take them, ,,in ignorance of the circum.
stances under which they are issued.
Therefore, ... -.. ".@. - -.e
l. Resozcca, That We, property:hold-
ers and taxpayers of the State, residing
in the City Of Charleston, do hereby
deem it our duty to declare that the
bonds heretofore issued without legal
sanction, and the so-callcd Sterling loan,
or ony other bonds or obligations here
after issued, purporting to be under,
and by virtue of the authority of the
present State Government, will not be
held binding on us, and that we shall,
in every manner and at all times, resist
the payment thereof, or the enforce.
ment' of any taS to pay the same, by all
legitimate means within our power.
2. Re olvcl, That we deem it our
duty to warn all persons not to receive
by way of purchase, loan or otherwise,
any bend or obligation hereafter issued,
purporting to bind tho property or
pledge the credit of the State; and that
all such. bonds Or obligations will, be
held BY us to be null and void, as
having been issued in derogation of
the rights Of that portion of the people
of this State upon whom the public
burdens are made to rest. 49,.
8. Resolved, That the taxpayers Of
the State arc hereby requested to meet
in their respective. counties for the
consideration of this subject, and the
enormous tax lcvies of the current
year, and for the appointment of two
delegates to represent each county in o
State Convention, to be held in Colum.