The Charleston daily news. [volume] (Charleston, S.C.) 1865-1873, 1873-03-28
A NEW FRANKENSTEIN.
ALARMED At THE ASPECT OF .
MONSTER OF ITS OWN CREATION.

| ALARMED At THE ASPECT OF n
MONSTER OF ITS OWN CREATION.
The Wall Of Party Organ-Prospec-
tive Rattling Among the Republican
Dry Bones-A "vacuum I'm tho Treas
ury." l...ss...ss,.,
AS the best evidence of the eincere: desire
OF TIE NEWS to wash Its hands OF the cunning
conspiracy which is alleged to exist against;
The prosperity and the pocket OF the Republi-
can party of South Carolina, We reproduce
for The edifcation of Conservative readers the
latest blast Of our perspiring young contem-
porary, the Columbia Herald, on the subject
Of tie Blue Ridge scrip:
From the Columbia Herald. March 2al
The Inevitable Result.
Our contemporary, TIE NEWS, considers at
| s'very tunn5" that We should regard the surlp
as democratic ambuscade, q trap set, g
branch lined to trip the advancing step Of
the Stete administration. --as4-
Now, We had proposed to say word or two
about the ast proper, to which We are indebt-
ed Tor this peculiar obligation to pay one mill.
lion eight hundred thousand dollars more OF.
less; but We shall once more endeavorto en-
force the Idea, not that the Democrats
originated the scheme, but that they see
plainly enough It's financial effect upon the
fortunes of the party In power, and that they
stand ready to push the advantage 10 the Mt.
most.
The Republican party of this State have not
forgotten, and can never forget, the dearerate:
energy with which the Democracy, and moro
particularly our distinguished NEWS, lab0red
to destroy the credit OF the State and induce
the people to refuse to pay the taxes. This
was the fight 10 1868. II was the beginning
OF that "war to the knife, and the knife TO the
hllt," the hopelessness of which has Just been.
realized by the opposition. Now, what they
were unable to compass, We propose 10 accom-.
plish for them In the making and redeemiBR>
of this scrip. In other words, the death.
struggle through which We have successfully
passed is TO be renewed among ourselves, and
The knife which we wrenched from me hand
o. Democrat ia 10 be plunged into the heart
of the party by the hand OF Q Republican. We.
propose 10 our prosperity 10 commit suicide.
How! Plain enough; In this wise:
The coming decisions will very soon make
receivable tor taxes and payable tor all de-
maEds- -,
or bills Rank Of the State. 100000
Of certificates for loans from savings
or revenue bond scrip itaking for grant
I'd no over issuel say........"...... 1,so0.ooo
That is, total receivable for taxes and B.g..a
payable for all demands, say ay..........A, ,8o0, 600
Now the taxes this year, exclIslye OF the
school appropriation, we understand, 10 near
ly all exhausted. ilgt.'
Next year, with the same tax, and thfesi
mills besldes--t that is, eighteen mills, e1clu-
sive of whatever further taXmay be necessary
to meet the Interest on the debt, II We nave
any-we will have at the utmost but IS. .294, ,0O0,:
every cent of which, enormous as the amount
| to ho nj traaQuTV
anything else than Ia greenbacks, because
there will be on the market, selling at q
heavy discount, nearly five million dollars OF
these ''bilis receivable"
Tne treasury will be full of vacuum, and
desperate state of things would supervene,
which would compel the administration to do
one Of three things, either Of which would be:
fatal TO its reputation. Toe stuffed treasury
would have to be relieved by retiring the
stuff In bonds. and by increasing the debt that
far, which, without vote OF the people, 10,
perhaps, against the recent amendment, IN
which case, there would be neither bfH1 por
| money, and special tax would have TO be
levied large enough to absorb, not only the,
balance OF stuff on the market, but to supply
the hard cash to pay memoers' claims, ct 10
onne genus the ordinary expenses OF the
State Government. If this was not done, them
the stuff would have 10 be received. and paid
out as well, and the market would be flooded, 10
far as State iunds were concerned. he:same
Thing would continue from year to Iear, lad.
infnitalna. Or heavy tax of, say thirty mills,
would have 10 be levied and the etn6 roiifed.
Increasing The debt pro rata. II the stun
could not be retired Oh account OF the amend,
ment requiring vote Of the people, then It,
would have to be paid out or desl[oyed or
Withdrawn In some other way. II such O.
heavy tax was levied, as seems at this time
inevitable, there would be such an ontcry
about platform pledges and 80 forth that the,
administration would ind the responsibility.
together with the debt, more than It could !
succes.fu fully carry before any constituency
however loyal aud subservient. g-fassi.
Now, does The NEWS or any other Demo,
cratic organ mean 10 aey that such CONSUME
nation Is not most deVoutly wished tor BY
that cunning side Of the house ....;
DO they not boast that they have. the
money to buy up all this stun at the lowest
price at which they can manipulate the mar
ket! - 1gl.,
Would they not hold the purse strings Of
this people, and hold In Wise the great artery
that supplies the life brood of the party III this
State? Can any sane man doubt that their,
silence upon this imminent flood OF bills re-
receivable Is omlnous of the gathering storm
that will break upon the administration IN tnis.
event? -
We could carry this argument mnch, ,
further and show the Inevitable loss, ruin, llt-
CATION, disaster, faction, murmuring and VIC.
lence that will ensue, every Item OF wntcna
will be laid With curses at the door OF tnlai
administration, but this Is enough for this
article. :
Receipts per Railroad March az.
SOUTH CAROLINA RAILROAD.
42s bales cotton. 70 bales goods, cara stock.
To Railroad Agent, Pelzer, Rodgers co, =