The Charleston daily news. [volume] (Charleston, S.C.) 1865-1873, 1871-06-28
correspondence Of the Baltimore Sun

WASHINGTON, June 20.
The evidence taken by the Ku-Klux COM
mlttee the past week has been most Volumi.
nous, and, on the whole, highly favorable to
the people of Alabama aud North Carolina.
The testimony of Judge Busted, showing that
some Of the witnesses who preceded him had
absolutely talslfed the records Of his court In
order to make out some thirty instances OF 9
violation OF the civil rights bill, has produced
a good effect by illustrating the character of
ly to earn mileage and fees. Colonel Aldrich,
Of Barnwell Courthouse, s. CS tesIlned yes
terday that affairs were peaceable enough In
his section and that the records OF the courts
administered BY Republican ~oficials) showed
that more negroes had been convicted and
punished for crime since 1868, when the State
was reconstructed, than white men, and that
there was one case where o negro had been
sent to the re~ni.entiary for ten years for an
aggravated case Of arson, but who had been
pardoLeI ny the Governor Unless than two
months after his imprisonment. To such q
loose administration Of law and the general
corruption and oppression OF the people by
the State authorities this witness and others
attribute the troubles which have arisen in
one or two COUNTIES In South Carolina. A wit
ness was examined On Thursday, who occu-
pied FIVE hours In exposing the chemes of
plumber by which the debt Of the State had
been increased millions upon millions In three
years, without any result 10 the way Of public
Improvement 10 show for 1t. This evidence
was not mere assertion, but sustained By facts
and figures.
FAILURE OF THE FIVE PER CEN LOAN.
The failure of the UEited States five per
cent. loan in Europe has been q well ascertain
ed fact for some time, which recent adVlces
from the various agents of the Treasury De-
partment simply continue to cunarm. As here
tofore stated In these dispatches, the agents
find the European markets stocked with first
class American six per cent. railway mort
cages, which investors prefer to q i've per
cent. government bond. In view OF this con-
dillon of affairs, and In order to create a de-
mand for the loan, the statement is again re-
vived that the Secretary Of the Treasury Will
soon give the three months notice required by
the sixth section of the funding act. and re-
deem on November first twenty millions ofthe
fve-twenties of 90 held abroad. This notice
Is expected to hasten The conversion of these
bonds into the new loan. As the coin balance
Of the treasury shows a margin of about twenty
millions above the amount actually required
on hand, it is quite manifest that the secre-
tary will not be able to make very rapid pro-
gress in the redemption OF two or three hun
dred millions Of matured ire-twentles.
REPUBLICAN POLITICS.
Word comes here from New York that the
various factions Of the Republican party are
endeavoring to inaugurate a new compromise,
10 which they hope the President will agree,
for consolidating under one head. Senator
Eenton, Mr.. Greeley, Hon. John Cochrane
and other well-known and prominent Repub-
licans hostile to The New York policy OF the
President, are parties TO an arrangement
which, II is claimed, will be successful II the
latter Is DESTROYS Of making concessions. Col
lector Murphy. 1t Is well understood, is will
ling to step aside If found to ne In the way OF
the proposed adjustment. A prominent New
York Republican arrived here yesterday,
as q friend of the President, to confer with
ether administration officials.
GENERAL NEWS MATTERS.
The council OF the Territorial Legislature by
its action on Saturday makes women eligible
to any Of the offices created by the charities
and correction bill.
Owing TO the reduction of taxation made last
July the internal revenue receipts for the fiscal
year ending this week will fall about thirty
millions below the receipts for the last hscal
year, but will still exceed the estimate ior this
fiscal year.
A statement is published here to-day That
Iron computed estimates of the most expert
detectives it is conceded that counterfeits rep
resenting the face value of about ten millions
dollars on the various national banks are now
circulating through the country"
organize Oh Wednesday next. More than a
majority of the members have indicated their
acceptance. The law restricts the duties of The
commission to the preparation OF rules and
regulations for the admission OF persons into
the civil service, and %appropriates ten thou
sand dollars 10 defray all expenses.