The Charleston daily news. [volume] (Charleston, S.C.) 1865-1873, 1872-03-01
A CURB TO EXTRAVAGANCE
THE TRUE P1.iN TO PREVENT THE
INCREASE OF THE STATE DEBT
The Legislature Seemingly Disposed 70
Put Down the Brakes-The sterhnS
Fund Act Repealed at Last-Fate OF
the License Bill, &c., &c.
ESPECIAL TELkGRAM TO THE NEws.]

COLUMBIA, Thursday, February 20.
The General Assembly seems at last dispos-
ed in earnest to check the appalling growth Of
the State debt. A joint resolution was intro
uduced In both houses to-day proposing an
amendment to the constitution, to be submit
ted to the voters of the Safe for ratihcauon
at the next general election. The amendment
reads:
To the end that the public debt MAJ not
hereafter be increased, without the due con.
alteration and free consent of the people OF
the State, the General Assembly is hereby Tor
-bIdden to create any further debt or ooliga-
ton, either by the loan of the credit OF Inc
State, by guarantee, endorsement OF other-
wise, except for the purpose OF meetlng lts
existing obligations, or In and Tor the Ordinary
and current business of the State, without hrse
submitting the creation Of any such new DEBT,
guaranteed, endorsement or loan of Its credit
to the people of the State at general State
election; and unless tWo.thlrds OF the quallhed
voters of the State vote on the question VINO
shall be in favor of further debt, guarantee,
endorsement or loan of Its credit, none such
shall be created or made.
In the present temper of the members OF
the Legislature. there s every Indication that
this all-important measure will speedily pass.
The House to-day spent the greater part OF
the morning session in rambling and tire
some debate on the bill to protect travellers
in railway cars in this State, and on the Joint
resolution authorizing the repair of the lower
floor of the Statehouse.
The following bills were passed.
To repeal an act to create debt of the State
of South Carolina, to be known as the sterling
funded debt.
To establish an inferior court for the trial OF
criminal cases In Charleston County.
To charter the Raleigh, Columbia and Au-
gusta Air Line Railroad Company.
To provide for the construction of new
courthouse in Richand County.
TO incorporate the Planters Mining and
Manufacturing Company.
To authorize the building of bridge to con-
meet Edisto Island and Little Edlsto at the loca-
ton of the old bridge.
To incorporate the Lancaster Ridemen.
To regulate the responsibility of parties hold
ing collateral securities for loans.
To incorporate the Damascus Baptist Church
of Sumter County.
To incorporate the Merchants Building,
Trust and Loan Association Of Aiken.
70 incorporate the Rivers Guard Of Ham
burg, s. G.
To permit James Mccullough to adopt,
change the name of, and make bis lawful heir
Joseph Allen stepp.
Also the following jointresolutlons:
To appropriate one hundred and fifty dollars
of the Newberry County poll tax to furnish
desks for the school.
To authorize the State treasurer to pay to
the late school commissioner, L. 8. Langley,
one hundred and thirty-seven dollars and
forty-fve cents.
To have transcribed so much of the records
of the late District Of Plckens as relate to
Oconee County.
At the night session, the House passed the
following bills to third reading:
To make appropriations and raise supplies
for the current year. (The original billy
To provide for the appointment OF az In
spector of phosphates.
20 incorporate the Charleston Hook and
Ladder Company, No. 8.
81 To incorporate the Journeymen. Mechanics
Union of Charleston. PICKET.