New-York tribune., 1872-10-12

Railroad which had cost 500 a share Tho road was
commenced before the wac, anl to run from point
in The northwestern part OF the Slto across the noun
tains 20 Knoxville, Tennessee aGorjing, 10 connection
with cXsag roa Is In South Carolina aud projected lines
in Tennessoe and Kentucky direct route from Charles
ton to Cincinnati II was looked upon as public enter
prise In which sonth Carolina was greatly Interested.
When the oarpetbaggcrs came IN power they iounu
about nifty miles of the road already butt and running
and much work done tho unfinished portion oil inc
line. over S2O0l0)O In all had been expehueu
by the State and the City OF Charleston
The Sinking Fund Commissioners sold the
States controlling interest IN the road 10 the Railroad
Ring-thdr confederates II Is beeved-ior one dolaT
share BY this transaction four or hye men set entire
control OF the road by the payment OF the rng sum OF
$3 100 Some time before the Legislature had Notsd 10
IL SOjOO IN cash These bonds had never been sold be-
cause the credit OF the State was so bad mat nobody
would buy them The ring that bought the etdes sOck
got an act passed the Legislature at It's last session pre-
senting them with the claim OF s2CoOo ana giving mem
81 100000 in State "revenue scrip, which was made re-
ceivabe and designed to circulate as money
in exchange for the four millions OF nd0Ised bonds Inc
railroad, with engines cars station &c the rst
way 80 miles more, on which about Two NH
lions had expended in grading and tunnels, and
lien upon this property Of $2000OO all for SlSOe ana IN
cash They were not required give any surety that
they would 60 and flush the road, or even 10 make
promise that they would do So They did not get the
$500 900 according to the programme, The scrip
Injunction restranng the County Auditors from receiv-
ing Il taxes the best the Ring could do with
their plumber was to pawn one million OF the scrip IN
Newl for $3.50 and wait for the next meeting OF
the Legislature when they will have some scheme TO
GET tine obstacle this upright Judge mas placed In
theif way.
ADDITION DIVISION AND SILENCE
The men who are responsible for this infamous trans
action are Gov r. X. Scott Controer-General j. l..
Neagle, Attorney-General D. H. Chamberlain, W. j.
Whipper, Chairman of the Committee of Ways and
Means Of the House of Representatives, and Joseph A.
Greene Chairman OF the Committee OF Finance OF the
Senate These the Commissioners OF the SINKING
Fund. The Blue Ridge Railroad swindle Is not the ony
fraud they have been guilty Of Some time before they
sold the ring who bought the Blue Ridge stock
- 900 shares the Greenye and Columbia Railroad,
the property of the state, at s. rs share for which the
South Carolina Railroad Company had offered $ a share
They have sold tracts OF land and other prop
erty belonging the State They have carried on the
business dsposing Of the goods aud ehaes OF south
Carolina in this way ever since February 1870 ana nave
never made report of their operations No one be-
eves that they have applied dollar of the money they
have obtained the payment OF the public debt. Tie
general belief is that they using 1t in specuauOns
and in buying at a heavy discount claims against the
Treasury My chapter of robbery ana fraud has
gone far enough for the limits OF single letter have
desrcDed the principal operations OF the past year OF
the loyal Grant Republicans who are ruling and running
the State Of South Carolina. To into tie details Of
their various rascaites would hll volumes.