The daily phoenix. [volume] (Columbia, S.C.) 1865-1878, 1872-08-24

BoUTwELns 8 FRAUDS. Thoughtful per-
sons were slow to believe the oft-repeat-
ed assertions Of the Secretary of the
treasury that the national debt was
rapidly being extinguished, that the in
terest was being reduced, and that the
national finances we're in most healthy
and satisfactory condition. Many not
only doubted but fatty disbelieved these
periodical declarations, knowing full we'll
that the unexpected emergency which
had arisen in the Presidents pelitioal
fortunes, and with it the peril to which
the tenure OF the Seoretary's official life
was exposed, furnished the strongest
motives for deception and fraud. It was
necessary that some good should be
found in the Administration of the Pre-
sident where evil seemed so fearfully in
the ascendanoy, and it was for the SEQ.
retary to find it. It was simply what the
vulgar would call "a ground hog case"
and no one appreciated the situation
more fully than the adroit and unscrupu.
aous Secretary.
The Democratic resident committee at
Washington have, however, conclusively
shown the falsity of these statements,
and have prickud this gilded and deoep.
tive bubble, which seemed to bear Cesar
and his entire political fortunes. This
committee have. by careful and accu-
rate array OF figures, taken from official
records, shown how hollow and baseless
we're the assumptions of the false and
cunning Secretary. They are authentic
In every particular, and need only to be
examined to carry conviction to the
reader. They reveal the most extraordi.
nary state OF affairs which has existed in
2ha 'pPaQGnrv Dano 80 Al
blishment of the Government It an.
pears that. instead Of the gratifying CON
dition which Mr.. Boutwell, claims exists
IN that department., the most unparal-
leled looseness prevails, the most .as.
founding frauds are disclosed. and
through them the enormous sum of over
$l56. O0O, 900 have been misappropriated
or pockoted. Among whom this great
SUM OF the peoples money has been
divided ls. OF course, unknown, but the
figures show umistakably that the re-
cords betray discrepancy to that
amount. The money has gone some
where, and while the Secretary is absent
from his post engaged in campaign work
for his master, the people, who have to
supply this gaping deficiency, may well
examine the details and reflect upon the
extraordinary proportions of the rob-
berry.
The committee who framed it. who
examined the official records and based
their calculations upon them, are gentle.
men OF standing and honor, and the ia
cility and certainty with which their
errors could be exposed by those who
have constant access to the records
would alone be sufficient, aside from
higher considerations. to prevent them
from perpetrating fraud upon the pub
iio: The figures given shonld be parti-
cularly. studied by Liberal speakers
throughout the country. as we'll as by
the people themselves. With them the
mouths OF the Radical orators can be
readily closed. They have been claim
ing, with an effrontery borrowed from
Mr. Boutwell,, that the present Admins.
tration has been @ strictly economical
one, and has achieved financial suocesaea
in the management of our immense
bonded debt which are unparalleled
When it appears that the frauds and rob.
berries committed by it are unparalIeled.
it is likely their tune will be Changed.
Louisville Courier Journal.