Edgefield advertiser. [volume] (Edgefield, S.C.) 1836-current, 1871-11-30
The. Wralgiand1 the Remedy

unnecessary increase of the Public
Debt rs apparent. The .annnal ~ e; ex,;
penditures of about five Hundred
thousand dollars before the war, have
increased to within a small1Faetion
of two million of dollars since Gov
SCOTS advent to power. ,RAnd this
with less security Of f. life fss Liberty ~ q
property.
Tie debt, before Gov. SCOTS Ad-
ministration, is officially Sannepneeds
as only four millions four hIndred
and gsE91 AhousaadA Dnine ih61dFed
ffty-eight e7-lOO dollars. The debt
legallBisineer ,Gev. lScottts0 0Adminise
tration is also officially announced to
be threg millions two hundred and
ffty-seyen.athousaadl lainsaahundred.
and City, 4es 100 doffarA al
Thi. is the .-eficiah hstatementgeA
Mr.. ComptfollsrGens Neagle,sasI
of the k2aI gcenbes BIO. l AgainsE
this we have the certificate of Cover
nor Scott and of Mrf frsasursr Par
ker, Of date the 9Th Sof No1ehber
1871. that there have been printed
and Issued alone under Governor
Scott's Administration thirteen mill
ion 6ve,h hundred and eighty thousand
dollsrssaqR III tl0,s Of Bonds. qada,
&ocks pr printed ready for sssHe, fifteen
millions of dollars. Such astatemehg
is in itself the most complete evi-
dence. 1t EXHIBITS, at one glance, the
wholsvraudsd5 5ad5 sDr2?i blS99al
Not tohly therefore, have The lap;
tlicatiohs s9 The public monies been,
Wild SretElGss and profit gate, but the;
publiS Sdebtyhas Beenl used without
authority of law, and for the enrich
ment Of private individuals. The
over issue and fraud is variously es
timated at from ten to thirty millions
of dollars. The fact of the fraudc
and over issues is apparent. ElAnd
this is in Govefnnentkin which the
tax-psFaH 6aYa bad no voice or rep
resentation. For every wrong there
must be remedy. And this with
States as we'll as individuals. The
taxpayers of the >tate have mo- in
tention of ever paying asSingle dol
lar of *hevpyincipaf OF interest of the
bonds or 5 stock which have thus been
fraudulently issued. And of this they
advertised the public, in solemn form,
on the 18th of May, 1871.
The fact that there were frauds:
was made apparent to Them The
extent of the fraud Ahds over issue
was y, matter koH Investigation. Bnt
still enough was ascertained in their
three days session TO sound the
voice of caution and of warning.
One example will suffice. Mr.
Comptroller-General Neagles in LiS
report TO the,Issgisjature, Of date the
18th Of December, 1870. had stated
the whole amount Of bonds, then is
sued under the Act of August &c,
1868, for the payment of the interest
of the public debt, at $300DeQ "a
The Sfax-pnaYers Convention Smet
exactly FIVE months thereafter, and
the truth then came outiifthat there;
had been, under this very Act, issued,
insteadtiefI three hnndred1tAousan,l
dollars, taOo millions Of dollars Of
bonds. of which, 7Mr. Treasurer Par7
ker stated there had been nine ehaf
dred thousand dollars withdrawn,
leaving one million ehundred- thou.
sand dollars outstanding against the
three hundred thousand dollaga.naeg
cording to Mr.. Neagle's report. There
has been no proof that this extra is,
sue has aEeb FBeSh )wltBa sawh OF
whether tIe swos mdliohs Pf dollars
of bohdis are hot now stilf outstand-
ing against the three hundred thou
sand stated by Mr., Comptroller-Gen-
''e5 ol Sissl;; !ss l!;z;isAds.e2iQs ,. Sgse )
issue the Convention had no proof.
So satisfied, however, were they Of
neuals sas slsJa b. ssslalsdgisy sass rssolEsohsE
Whereas, BY the Act of the 26th
Of August, entitled an Act to uthof77
iize a State Loan, to pay interest on
the public debt, the Governor was
authorized to borrs# ap tie credit siof
the State, on coupon bpnaS , s4m
not exceeding one Aillj9n T dollars,
or so much Thereof as may be neces-
;;s ,a9y y.s sst interest 9R@sppss|
Whereas, it appears that instead
Of ons @llIsn Sga! Nieg sssdtsa sf asl
sst sns eng ehssassa shsssSHl sna 81 other
without those words, and baeE
tsss s5ssssiS sS a''saAfs & s$s alfsss