The Fairfield herald. [volume] (Winnsboro, S.C.) 1849-1876, 1873-10-22

Will give way for better men.
If tho paoplo are true to them.
selves, this will oil be accom- plished.
If not, VIC may expect military des.
potism or an empire.
-. 60
Another Grab Game,
The Union-Herald of Saturday
contains tho following
"Just bofore going to press we
have learned, from reliable authority,
that his Exos llency tho Governor has
expressed himself as in favor of tho
Issue by tho Gonoral Assembly, at lbs
coming session, Of ono million dol
lars in Bills Receivable, for tho pur.
pose of relieving the financial 'em.
barrassmont sof tho people, brought
about by tho seoent panic -said Bills
Receivable to BE token by tho State
in payment for taxes"
1t has heretofors boon our idea
that the Legislature was called for
the avowed purpose of reducing tho
State debt. In the tooth Of that,
comes tho announcement from tho
Radical organ that cur esteemed
Governor proposes TO accomplish this
much doaared result by first inoroas-
ing tho State debt by another million
dollars. This plan establishes his
Excellenoy's reputation as tho great,
est fnancier of the ago. We arc
struck with this novelty Of tho scheme.
It is calculated to inspire person
| aulearnod in radical bookkeeping
with feelings of deepest awe and ad
miratiou. The thought certainly had
never occurred TO us that tho surest
method of contraction was expansion.
If his Honor can put his scheme into
successful practice, he will be apub-
lilo benofAotor by inauguEating new
J era in political economy, Then every
! poor bankruptod devil who is now
| ovor head and ears in debt oan free
| himself from his burden aud regain
his credit by issuing moro notes OF
! hand receivable for dues to himself.
The millennium 10 at hand. The world
| is coming to an ond.
But, seriously speaking, We de-
nounee this scheme as a fraud and
| wholesale swindle. It is nothing
moro nor loss than deliberate at.
tempt still further to rob tho people.
II Gov. Moses succeeds in having the
bill passed, sotting aside tho question
Of constitutionality it will be an out.
rage. Who will bo benefited by
this increase of dobt7 The Treas.
urer shows by his report that an
alarming deficiency of nearly mil
lion exists, besides untold sums in
school certificates. Should the State
issue these bills, they will bo,uppliad
directly or indirectly to pay these
claims, many Of which are fraudulent,
and Issued only For tho agsrandise-
mont Of Radical harpies, That is
the only way by which they can come
into circulation. Then having once
been issued, they will be received in
pay meDt of taxss. Tho expenses of
the government are enormous, and TO
meet this and the interest ordered by
the Supreme Court to be paid on the
bonds, several millions in gre.nbacks
ato needed. These greenbaoks mu,t
be Forthcoming at any rate, and any
State bills will bo so much extra TO
bo collected from the people.
We want no issue Of bills from the
present administration. They may
offeot some good In relieving The
money market now, but their ulti.
mate result will be ruinous. Since
the disastrous effort to issue the Blue
Ridge bond SCRIP, the public will
view all similar issues with suspicion,
and the proposed bills would be
hawkod around at a discount, to be
redeemed at some future day at par.
Times arc hard and money is scarce,
but we will try the certified bank
oheoks while longer before adopting
tho plan proposed by tho great Binan-
oier.