The daily phoenix. [volume] (Columbia, S.C.) 1865-1878, 1873-10-23
s. c
Thursday Morning, October %. 1878.
Rathes sosiy.

=, : : = : =
Rather eosiy.
We have read the Governors message
with q sincere desire to find such recon-
mendations as We could approve OF.
We had supposed oil along that ell par.
ties were agreed in the purpose to give
serious confederation to the public debt.
and to unite. if possible. in honorable
measures for its reduction. The party
in power in this State is evidently op.
pressed With the weight Of this burden,
and would gladly relieve itself of it's
heavy responsibilities 1T cannot fail to
see what load It carries, and how little
capable it is. while thus ireighted. Of any
real usefulness In the State. While
thus loaded, it can only staeger along,
taking uncertain steps in tho dark. not
knowing what minute it may stumble
over the precipioe Of It's ruin. It has
taken many, weary months to digest a
scheme which will save it from destruc-
ton, and to hit upon q plan which will
both redeem it's good name. Tighten its
load. prepare the way for the return of
prosperity to the State. and make
money, now so scarce, flush once more.
OF all parties that ever existed, it has
the greatest need OF, money. In lavish
expenditure. it lives. moves and has it's
being. Alarge proportion of it's active
partisans measure life. duty and enjoy
ment By this one standard. Whatever
money cannot buy. they are utterly
ighnsant nf, and don't care the snap of
9 ifhgert for. These partisans, estab-
,lished and operating in the centre of the
party. IND the state Of things existing
here for the'lsst twelve months dull be-
Jend endurance. They have broaglt
great pfessure'to bear upon the leaders
to secure their relief and to, make things
more lively niF. aia
~ The Governor hos had the financial
condition of the State OIL his mind for
more than q year. he gave out, last
fall. that he was sdigesting plan by
which all difficulties would be sur
mounted. aud 8 return Of general pros
ipsrisy promoted. u Remembering /. the
solemn pledges Of the platform on which
he; stood as a, candidate we, were in.
clined to hope that he would rise to the
height Of the argument, that his party
would embrace the splendid .opportuni-
y. if not Of vindicating it's good name
in the, past, at least of showing fair deal
i6gs Id the pfesent and honest 5inten-
1tions for the future. LA aaa|
Doring-tbe canvass of 1872. pressed
By the reform 'opposition, they up-
doubtedly saw and freely admitted the
misdeeds Of rsbe party, and its promi,
nent leaders. aand were prolific in their
promises Of amendment. Now that the
pressure OF opposition is removed, after
years incubation. they hatch us out
only the deadly progeny OF the cocka-
trioe's eggs. Instead of an earnest and
honest probing of the vile carcass of
ifrand and corruption known as the
funded debt, instead of brave words
which should properly stigmatize the
whole olass of conversion bonds as
issued without warrant of law, and for
no confederation, instead of the firm
and manly position that the validity of
the debt ahould be thoroughly sifted
and examined into, We have the shut
ding, evesive, cloaking policy of scaling
all the debt presented in the Governors
message. By it the undoubtedly valid
claims against the State are placed on
the same footing as tho fraudulent, and
a foul wrong is sought to be inflicted
upon those who lent their money to the
State, and al undeservcd recognition
and advantage to be conferred upon
those who have remorselessly + ought to
cheat it,
We are sorry that the Governor of the
State could rise no higher as states.
man and moralist than to recommend
SO doubtful and 80 unjust course to
the. Legislature. Admitting, az he vir.
tually does, that these bonds were by
pothecated, without authority of law,
for security Of loans by the Financial