The daily phoenix. [volume] (Columbia, S.C.) 1865-1878, 1872-02-21

Florida, has just been impeached by his
own Legislature. Bullock fed from
Georgia 10 escape certain conviction.
Smith, OF Alabama, was guilty of issu-
ing at least $500, 900 of the bonds of that
State fraudulently to the managers of
the Alabama and Chattanooga Railroad.
Brownlow, while in Tennessee, tyran.
nized over that people in the most
shameless manner, being equaled in that
regard only by Davis, of Texas. Scott,
OF South Carolina, barely escaped i'm.
peachment even from his corrupt Legis.
lature. We will forbear in this report
from speaking OF the present status of
Yarmouth, of Louisiana, and Clayton,
of Arkansas. as they are now undergo
ing investigation before committees of
the Senate and House."
The financial standing of each State
is given, and the statement reveals the
following terrible condition:
ALABAMA. Debts and liabilities. July
l, 1861, SIS, 939. 654.87; debts and liabili-
ties, July l, 1868, 81, 904, 396. 90; present
indebtedness, actual and contingent,
including railroad bonds, $38, ,9G7.-
81.
ARKANSAS. and liabilities in
1861, not exceeding 81 .O36, 052. 81; debts
and liabilities, actual and contingent,
including railroad and levee bonds, now
$19, ,761, 265.62.
FLORIDA. in 1860, 1921. 900;
debt now, including railroad bonds is-
sued and authorized, SIS, 763. .447.54.
GEoRGIA.-Debt in 1860. So, ,67O, $50;
debt and liabilities, juno. 1871, includ-
ing railroad bonds issued and authorized,
$50, 127, 500; railroad bonds withdrawn,
having been deemed fraudulent, Sc, OOO,-
QUO; leaving the present Indebtedness
S44, 1877. 500.
LOUISIANA. Debts and liabilities Jan
nary l, 1861, $40, 0,099. O74 "a; debts and
liabilities January 1. 1868, S14,347,-
Oo1. 62; debts and liabilities June 1. 1871,
S4l, ,194, 473 81; excess of exper litures
over receipts, 1871. 9,345. 1888.
North CAROLINA. and liabil-
ties July. 1861, S0,699. 500; debts and
liabilities July, 1868. Sl5, ,779, ,945; debts
and Liabilities now, Governors NESS
age.) S34, ,887, ,467.85.
South CAROLINA. Debt 1861, about
Exclusive OF some S6,000,00O of contin-
gent and prospective liabilities, most of
which were settled in some way, not
very clearly explained,) 1000, 900:
debts 1871, including bonds to railroads
and bonds in dispute as fraudulent
$50. .l5S, 91447.
M1ss1ss1rp1.-In 1860, she had no
debt, but January l, 1870, her State
debt was 81. 796, ,97l.3O.
TENNESSEE. Debts and liabilities in
October, 1861, $50. los, ,6O6.GG; debts
and liabilities in January, 1871, o45.-
6S9. 263.45. This has been reduced
since. (See Governors message to the
Legislature. October, 1871
TEXAs.-Texas had no debt before the
war. The Comptroller states it, Novem.
Der, 1871, at not less than 5000, 600:
debts and liabilities, including railroad
bonds, now, (see proceedings of tax
payers convention,) SIT, 900, 900; while
the taxation imposed in 1871 was, us
stated by the committee of that conven-
ton. So.3Gl, 900.
VIRGTNIA.-Debt and liabilities in
1861, $3l,03S, III SO; debt and liabili-
ties in 1871, S47. 800. .S39 96
'Thc aggregate increase OF the debts
and liabilities Of the several States will
be found greatly to exceed $780,
100000"
In this fearful account, no notice
whatever has been taken of tho debt
contracted during the war, as all indebt-
edneBs III aid of the rebellion was repu-
dated by the fourteenth amendment 10
the Constitution. The systematic sys-
tenn of robbery pursued through the
medium of local taxation was the excit.
ing cause which led to the disturbances
which did actually occur. The report
snys upon this:
''This character of larceny committed
III noighborhoods caused moro disturb
ances than all the Wholesale pluuder Of
the States; it cane home to every mans
door; it was seen and felt cvory day and
every hour; it was fostering sore on
the body polite; and the offenders were
sometimes pretty roughly dealt with,
while sometimes they profcssed to have
been 'hu kluxed' to hide their own vii
lniny."
TnkiDg South Carolina for ar ex-
ample, 1t appears that the men who were
entrusted with the disbursement OF The
money of the people. and who ruled
over them with hand of iron. all told,
only paid the paltry sum of SIT yearly
taxes, but while sparingly paying ont,
great care was taken TO have their in
come largely increased. Comparing tho
salaries paid III 1870 with those paid be-