The daily phoenix. [volume] (Columbia, S.C.) 1865-1878, 1871-05-13

tue auoPtlon OF Inc following fe6olu!
tions. NJ. G. BUTLER, OhairtnAn:;
GA. TRENHOLM, a:Io.:.
VIII. *WALLACE; + ii 4
f'". DAD. JONES, :,.i.o.
B. W. BALL, -. c s,.,.
w. B. SMITH. ...u. /.
i'i''i - RIOHARDr DrLATHERS, ...r=-
EQW1N-J. SCOTT.
ResolUed. As tho sense OF this Oonven-
tion, that the funded debt OF the State,
as described in the report OF the Com
mittee of Eleven,e Of this body, is q valid
debt, and that the honor and funds of :
the State arc lawfully pledged for the re-
demption thereof. !.
Resolped, That the; general plan for
the management Of tho funded debt,
suggested by the committee, be recon-
mended to the favorable consideration
of his Excel]enoy the Governor. i,
Resolued. That to complete the exami-
nntion Of the accounts OF the Financial
Agent in New York. the Committee of
Eleven be authorized to sit during the
recess Of the Convention. and to send
sub committee to New York, for the
purposes indicated; and that ithe said
committee and subcommittee be further
authorized, If required by Gov. Scott, to
|
New York, in the proposed negotiations
for the hnal adjustment OF the funded
debt Nf!<tiS. -
Resolved, That his Exoellencys Gov.
Scott be, aud he is hereby, earnestly So
licited tolmake Of sJstematios review Of
the vurious o!!::eeses nf exnendit3-es sc.
the public service, and TO use his aut41o-
rity and influence In afresting the pre-
sent extravagdnt expenditures, md in
substituting q system nt ngid economy
and Observation-Disclosures every department.
Of the public service; that to- ttisiend
bis ExcelleDcy Be earnestly and respect.
fully urged to adopt The sum Of 81, 400.
000'as tho utmost limit OF expenditure.
and exert all his power and influence fo
reduce tho txpenses, including the inte-
rest on the funded debt, to this sum,
and to diminish. the taxes in the same
extent. ii!7- .rl
Resolped, That the Comptroller and
the Treasurer be required, by his Excel
lency the Governor, not to destroy the
$500, 900 Of Objectionable bonds referred
to in the report, but to cancel and file
them. 30 that the fact of tile cancellation
thereof may at any time he demon
pursued in reference to all redeemed
tubligations of the State OF my character
whatsoever. Lo5 ,4l a67s4r.,
The special committee. directed by the
Convention to confer with the Governor
Of the State in relation 10 the postpone
uaent Of the collection Of che taxes in
November ensuing, reported at follows:
That impressed with the conviction,
under the peculiar circumstances OF the
caae. and in view of the fact that the
people of the State ara thus called upon
to pay. the taxes for two separate. years
in one. of the justice Of the reason of
relief proposed, they have had ON inter
view with the Governor, who has. au-
thorized them to state to the Conven-
tion. that while the various Offices will
be open in November for the reception
OF taxes ut that TINA, for such OF, the
citizens rs may be then prepared to
pay them, yet that the period for their
payment will be extended to the first of
March, A. D. 1872. within which time,
il payment is made, no penalty will be
attached. Respectfully submitted,
THOS. Y. SIMONS, Chairman.
Mr.. Woodward introduced O resolu.
ton, which was adopted, that the Ex-
ecntive Committee be charged with o
thorough and minute investigation Of
the Land Commission.
Lug SuaiI SppOlutao MeSSE6. ljuW1N
u. Scott, J. P. Thomas ard Richard
Lathers as special committee to attend
upon the Legislature and assist by their
counsel and advice in the examining OF
accounts.
Col. J. p. Thomas nsked TO be excused
from serving, and Col. VIM. Wallace was
appointed in his stead.
On motion Of Judge Aldrich, tho Con.
vention resolved itself into committee OF
tho whole, Gen. Chestnut in the CHAIR.
A resolution OF thanks TO Hon. W. D.
Porter, President, was unanimously
adopted.
Mr.. Porter responded to the resolu-
ton in tit and becoming terms; at the
close OF which, the Convention adjourn
ed. having passed resolution of thanks
to Governor Scott and the other public
officials for their courtesy and attention.