The daily phoenix. [volume] (Columbia, S.C.) 1865-1878, 1873-08-06
The Finance. or south c.rolln..

The Finances or South Carplin..
CHARLESTON, July "a, 1873:-State
Treasure. Oardozo. in an interview with
correspondent of the Neps and Cou.
rier, published to-day, gives full state
ment Of the financial condition OF South
Carolina. He says he hopes the suit OF
the taxpayers to have 81, 600. 900 OF
conversion bonds declared void will
succeed. and he will give the movement
whatever aid lie con. He claims also to
be the originator Of the suit, inasmuch
as it is founded almost entirely upon
facts published by him last year, showing
that at least Sc, 6,000.O00 of conversion
bonds were issued without any authori
ty Of law. In explanation Of the empti-
ness Of the State Treasury, Mr.. Cardozo
said the appropriations for the year.
incl ding old claims, were S2.506,O00
and the receipts OF the year only ST.
begin with deficit of at least $3.50, O0O
To the Editor Of The Colxn,5ia Phenin-
SIR: The above squib and fb from the
New York Herald is just what might be
expected, after quoting the bonds from
year 10 year "steady but frm," until
they have, in the street parlance, touched
bottom. The. Herald reported, lpat
June, that est is decided to tax the pL :.
ple OF South Carolina four mills on the
dollar, to pay the interest on the Nor
ton, Bliss Sc Co.," et IT, bonds, &c. Aud
now comes the truthful Jeems" of your
Treasury, aud claims to be the origi-
nator of the suit in the interest of the
robbed people, and hopes the ta1 payers
will succeed-th0t SEVEN MILLIONS of the
public debt will be declared void.
Lot us look moment into this little
business Of Treasurer Cardozo. ABOUT
the lat Of January last, he appeared in
New York, in search Of facts sufficient
to justify legal proceedings against
Count Kimpton, and appeared to be in
down. right earnest. He was unfortu-
nate in the selection of trihlng
shyster, but was subsequently relieved.
in q measure, by employing in tie
proposed suit gentleman of fine
legal attainmonts aud irreproachable
moral character. BE also employed
an agent to hunt up the testimony,
agreed to pay him 81, 100 for his ser
vices; but, after paying his shyster
about $1,000 and his lawyer $1,000
more, concluded to pay his agent $500
and beat him out of the balance. And
SO it came about that the Treasurer re-
turned to Columbia, aad if your paper
reported correctly, IL resolution passed
both Houses, authorizing the Treasurer
to proceed against Kimpton, with a
view to settlement Of his accounts
with the State. But that authority was
supposed to be lodged somewhere in
the committee drift-wood, and there are
o precious few, think, who know how
much it cost to anchor it there.
If Don Cardozo raked enough out O.!
it to pay expenses in New York, ruise IA
hurrah, and 80 bring Kimpton, Willard
and Chamberlain to their feet and
pockets, he did we'll.
There is some little curiosity among
moncyed men in the North. and espe-
cially among those who have been
"sold," to know what Count Kimpton
has done with the money. Has he
loaned to his friend, the ex-Attorney-
General. $4,000 on private account?
How stands the accounts of Governor
Moses9 (Only $4,000. Governor.)
Small. you know. And Ex-Governor
Scott. Parker and the other members Of
the Columbia ring? Say. in all. $3.50,
00Oi
It will not be denied that Fl. H.
Out u Linc DGlOIt no us
appointed Financial Agent for your
State. failed at Charlotte, North Caro-
lima, in a one-horse business, and pnid
some of his creditors fifty cents Oh the
dollar.
Now, AR. Cardozo. the corr. spondent
of the Neus ond Courier, in tho above
paragraph. says you gave full state
ment Of the financial condition of
South Carolina. which. you know. is
simply "bosh." It is extremely doubt
full if it is ever known; surely will not
be, unless boM sets OF H. 81. kimpton' 3
books and the loose papers in the top
of Ills ha. ore thoroughly examined,
and You must come to New York with
some ono as COUNSEL. who is far re.
moved from the Influences Of Kimpton' 5
partner in Columbia if you desire to
be believed in earnest. Truly yours.
STEAM.
DEATHS IN Fairfield Welnes.
day last, little Maud Ewell, daughter oi
Rev. S. p. Ii. ElwelI, died o. djphtbe.