The daily phoenix. [volume] (Columbia, S.C.) 1865-1878, 1871-10-14
daily - PHGlIX
$4,000 fl@1lMTllR.
S. C.
Saturday Morning. October "a. 1871.

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SEoRfTARY BOUTWELL, ON THE FL
HAAcEs.TIhe 'i elaborate speeohesin vim
o!catlol ot the financial policy OF the
aaministratlon recently delivered By Sec
1etaiy boutwell,. IN ONO, are more re-
narAaD!e 1or what the honorable score
!ary omits 20 say than Tor anything that
ls contained IN them; The points upon
"n1on UT. ooutwell lays greatest Stress
auu Mnlc9 constitute, In iact, tue ouI-
aen. OF his dlsoonrse, are the ei1ioient col.
!eouon 2! the revenue, the reduction OF
sne puolo uece' hna: Sne consequence IN
proyement or the government credit
9in0S fesloenss SEsue Came lnco oinoe.
In az t9ese respects the exhibit which
tne nectStary makes a unoonptedly both
creaiIaole ana gra.iy!ng.and needs not
20 oolIo0 any nonMons glastre from a
oou upatison, ;tNt.e ahylutous ana un]ose'
WIZ 'ns Hnaaolai teco!a O mr. John-
en s,'n. Ius'ias'un. i,nu.:A ., IN references 70
Sno .ou.leo.tyn =, ~ " tue revenue, We nave
siesoaole Sa9Wn " y .c care1ol coliiatlon
the rsanIis % at.a;nad ndar enc 4a
nnd 1slnsas t%at ,h. - aa.her ho,nai !aan real
art saas ,%n.Ie s.e huvantage is IN Iavor
-, =. sne piesent aoniniistrauon' IL IS chief
X Dsoaas1 ionna, -; lug neen .ehaoled 70 reap
sne soe dement's o. experience acqu1red and
oo q, anes't1seu WINS Mi. Jonnson
sss.:u Sas - o!uoe; r., 90 WIN respect TO tne re-
uu1ston ~ u9H Hrn =! sne nauonaa deot' according
49, ~ ~, 80 nousmet G a1mn nguIes, tne rednc-
aoa n '.noe .senolai utane came lnto Of
.N., Peitpu u tWo yeafs anu sl4
tLo ~. sa,no neu nno 46ol, 41o oao,o oSS, or at
tho- sho tuse 49, - 1aUo,0oo,ouV year. Dorlng
MI - 1a.s nuo e.e.en Montns OF
ios. ssa nnca tlon LOB tne o amount
uons ptlu oE "as Sa9o, n9s nH wv wy, which
nne nae ~ ~. sne .n.e VI 9oo.uuo.ooo year.
LaraS a. .t'ae Sno sane Ie must De remem-
o,issI, J .nas I4rilg me Garner part, partl-
,.asS ~ ...arTDo Couusou . ter"' the e4-
s hoaa;ar ~, .ne SIye.uWeno n we're muoh
.;noas "A sAIn 1..s .n9y Maye peen at any time
a. n9ia.sins i.s Ieo1 was aiso e1-
no;n haS ,,.,,a .a.sat:S saAes .!ave VI
hv nn,oeoSs ,St ;ao !.,s1a ~ ssaA.tpn nas
49,. :. .Sa $500. rhass sttn tne teauoT
ro.arnnoantDa"1 "11s eApoa.o1sute5 paN10 Ok saS
haan M. u.s. Wputu s,nG naye
Oo0 nl1 aivaa. ,s;.h .s.;s ot Stuu.- ~!
nmhiio sbt 'h1 ~ "f'o'l - Pay cH o1 ene !Ns
Gov, :, msr; s;,. 80, :. .,,.;. j., ~ IL
Ro;,tSaifs reSnsI,iia "pGn srS pot,lph ~ M..
HerGM no;ntsdla e aata ~ ft.N Ne% ~ ns Ldik
cra6;t' IS Ina o !. 81 $500, IL, WIN. e
nav;,;g nfy tha ,,sh. NJ ~, lol
WrnnS from ON 80, $1,000 "aes .no nGney Is
the revanna @ na, = yYG'sn1ieu ns;i RgeoRie. - aha y.
rate ~ Ann I'M 'onn - .'Ae noou o n' I Tue
Rontwall nonlJ not hoIr no no yeat. 5n,l. Mr:
nnless ha had ,,,romn ~ p"y.as .ns aeo'
nina fbat atn.I,;.h en5 enoi nuus SUI, :,
F. ;s .ha Anar;con a rnnn1o S at.S ieo .ne ~, sea-
are antitiad - tha oeeJ!t,o ,os 49, ,. an, "no
with an mnch ~ nat;enoa - 'tha ass ooane
hnr1an ~ toTat;pn % ynI,;., n1 snoi :1 nous
for the adm;n;slra,;on ~ s9sa. aae ri, = easy
dnction in tha daht of ..,,;oI NJ. B.la
we'll hoaats$ a. tho sa,oa 90 t;nnal.I III ns- S,us
retarv of tha Treosrra : 5o.on.,"n t..m SL1 a.ec
ali for What ba Las 49, nns sos aun . ole
again. thai in Tia saueraI rasnats an~ We r1pea'
rated the ,rasens oIn,;nist.a.; S..H onun -
done so wall that - naada rot tni'n nus
a. liz TaSsi,ss.;"-, 10 ou1 nnrI W. - Dois.el y
nniust danrec;ot;on of 80 osoSay "nu
But there ara othar no;nt. pnon oGa ,ah;on
the oonntry Wonid ha1a I,aen pJa oia,aa.u "n1tl -
hear from 'tha hnnorahla Sao-a.ar., 9 "a
unon theae he 10 s;nn;Hna ntI' M a;Iany' aTe ma
his varions schamas for fnrd;nm anehs' o." aoLe
at lownr rata of ;ntereat La sao i;..'s Ges
moro than a naoo;nr, oil,,a;ao nIa,0 as..o
..n F,o~-S ANO1o Cu-