The daily phoenix. [volume] (Columbia, S.C.) 1865-1878, 1872-01-03
nTis1 Reisss~AesthsRa Tssslmssy. {.
The Boston Post says:

~
Th: Question ~ 70 tia9 fraudulent
ovef.lssus o. State bonds BY the Radical
Governor OF South Carolina may be IA
garded :assats ss raak by the report of q
committee appointed, BY the Legislature
OF the State to investigate the matter.
The committee was Radical, as much 40
- Governor Scott himself, end. there.
fore. MOTTO be suspected Of prejudice or
misrepresentation. or perversion of the
facts, damaging ss they are to Radical.
ism. and to The carpet bag speculators
who have controlled the reconstruction
OF south Caroline and reduced the State
% condition Of bankruptcy and finan-
ciai ruin. The committee were Scott's
own men, the famous ex-Congreseman
Bowen being chairman, and the other
memhers,, Tor the ,moat part. colored
men. upon whose faithfulnees the faith
less Governor snpposed he could ceunt.
The report OF this committee esta-
biiahes the fact Of Gov. Scott's over
issues OF bonds, with the .collusion of
the State Treasurer, Parker, to the full
extent Of the srumored allegations. which
they have in vain attempted to deny or
explain. and recommends, without hesi-
t0ion or condition, that both be i'm
peaohed.
The New York Tribune says:
III South Carolina had nothing OF
which to complain more discouraeing
than the beggarly account Of empty oof-
fers lately reported. she might be less
exasperatsd with her carpet. bag govern
ment. A State which had q landed pro-
perty worth over $40, 900, 900 at the end
OF the war, and such elements OF pros
perity as nre found in the culture OF the
great Southern staples-cotton and rice
could Boon replenish her drained trea-
sury, II she had fairicredit and an honest,
prudent government, But the report of
the Legislative Investigating Committee.
who have just been looking into the al-
ege d over.issue Of bonds, shows that the
credit Of the State has gono with it's
money. The operations Of the so-called
Financial Board have not only been
reckless, but as dishonest ito compare
small things with great as the financial
juggling OF the Tammany Government
OF New York city. 1t is vain for Gov.
Scott to attempt to throw the blame on
the Legislature. which he accuses of ex-
travagance. or on unnamed conspirators,
whom he charges with O systematic at.
tempt to destroy the credit of the state.
10 be sure. the General Assembly drew
-" ououAy ooO ouOA"Ouo dtuOuuG
OF $583, ,651. A on account of the 'legis-
lative expenses, and the State was run
in debt for 891, 800 for furniture for the
State House. lbs is alleged;) but neither
OF these. preposterous items, nor any
bearing OF the market by men hostile
to the local administration, could honest
~ be taken in extenuation of an over
issue OF more than So. .0OU, 600 in bonds.
The old debt of the State was Sc, $685.
856. 27; on the 31st October, 1870, it was
Just 81 1000. 900 more, and on the 21st
November. 1871, it was $15, ,8O6, 908. SO.
What have the South Carolina carpet.
baggers to show for it2'
The National Republican. after COM
menting upon Parker's interest in the
Washington Chronicle, says:
''The hour has come to drive pun
derers. and particularly the plunderers
OF the unfortunate South, from Offices OF
position and trust in the party. They
must be made to feel and understand
that the party docs not endorse thefr
rascality and villsiny.''
Condemned oondemnedl Pursue The
Mieuesl