The Charleston daily news. [volume] (Charleston, S.C.) 1865-1873, 1873-01-18
present, and that the adjournment will be re-
considered.
4 BIG RAILROAD SCHEME.

| BIG RAILROAD SCHEME.
One of the most ambitious projects that ha
ever been presented to the reconstructed
Legislature of South Carolina was introduced
| In the House day or two ago by Representa-
tive Hurley, or rather it was not introduced
at all, but was quietly handed to the clerk tC
be entered on the journal, and then sent TO the
railroad committee, the apparent object Of thit
little smuggling device being to prevent any
knowledge of the scheme by the newspaper
correspondents until 1t was so far advanced al
not to be injured by publicity. 1t Is entitled 8
bill to authorize the construction OF the New
York, Norfolk aud Charleston Railway, anc
| while 1t does not seek to incorporate the said
/ company in this State, it proposes to confer
upon the corporation, which Is said to have
been chartered in North Carolina, some of The
most remarkable rights and privileges thai
have ever been proposed. II indicates lofty
disregard OF the provisions of the general
railroad law, and ignores altogether The
usual formula for obtaining possession Of
| lands for the use of the road, and II
provides instead OF all this simply
that the company shall ''occupy" 30 much
land as they may deem 10 be necessary toI
| their purposes. There Is no provision for the
assessment OF the price OF such land, nor for
the payment to the present owners ior the
| land which Is to be taken, and, indeed, 1t does
not appear certain that any payment at all is
| COlGSmpldGcu, lQco appolCuiy tho'
| the company shall take possession OF such
lands as it needs and then leave the owners and
the State 10 settle II between themselves as
| to the payment therefor. The bill Is being
engineered by o blonde young gentleman
from Philadelphia, who discourses patrlotical'
| ly upon the benefits which are to accrue tc
| Charleston and the Slate from the building o1
this road, which he declares Is TO be built by
| Henry Clews and other radiant-minded mil
| ionaires for the sole purpose of conterring q
| blessing upon the State OF South Carolina and
| the City of Charleston, aud 1t Is said that be
\ has trunk full of money, which he is ready
| to donate to the members of the Legislature
In the furtherance of this patriotic and ph1ian
thropic measure. The full text OF the bill,
which is quite curiosity OF legislative lltera'
| ture, is as follows:
AN ACT to authorize the Construction Of the New
York. Norfolk and Charleston Railway.
Whereas, the General Assembly Of North Caro-
| lima, by act ratified the 18Th day OF ne emoe['
| Charleston Railway Company, with the OBJECT
and for The purpose or constructing and main.
| tanning a railway commencing at me CITY OF New
| York aud extending southwark to the CITY of
Charleston, S. T.; therefore,
| Be 10 enacted TO-, That the said New YORK, NOR.
( folk and Charleston Railway Company oe. ano
| they are hereby, authorized and empowered 10
ming at the line OF the State OF North Carolil
| and ex ending southwark to the City or Charles.
ton ). o., ant for the purposes thereon the said
New York. Norfolk and Charleston Railway Com;
papy shall have tie light 10 occupy so much land
as may necessary a'ong the rou' Thereon, OF
the width OF one hundred feet, and so much addl'
tional land as may be Necessary for the erection
OF deputs, stations. enslne.houses, sidings, and
all o:her Uurpos that I1ay be necessary IN the
construction and maintenance OF the said rail-
way.
Charleston Railway Company shall have corpo-
roto C0rOCrat6
| In law, under the name, style and tlte OF tne
New York, Norfolk and Charleston Railway Com
pany.
| Charleston RAILWAY Company shall or may trans.
port passengers, freight and merchandise along
the liue OF SAID railway upon such terms anu con.
ditons as may be determined on by the board OF
dir .ctur5 thereon.
SEC. J. That the officers OF the said New York
Norfolk ana Charleston Railway Company may
open books for subscriptions to The capital STOCK
OF said company, and II may ana snail oe iaWLui
for any inco porated city, town or county, oy the
commissioners thereof, to subscribe to the capl.
tai stock OF said company.
This bill Is now IN the possession OF the House
10 say, IL will remain unless some wtlyuty rea.
Sous and several thousand OF them, are adduceo
to induce favorable report.
THE FINANCIAL AGENCY.
The members OF tn present General Assembly
appear to have fully made up their minds that
the financial agent OF the state IN the CITY OF
New YORK IL an expensive anu ornamentai ap.
peudage to the state machinery which must be
gotten rid OF, and various measures 10 accom-.
pllsh this result have been proposei during the
present session. Another proposition was made
In tre House tu.day which seeks TO deprive @ nun
the principal causes OF the present financial em-
barrassmeuts OF the state. The Dill Was lntro
duced by Representative Bosemon, and proposes
to repeal the act which authorizes the financial
agent 10 hypothecate bonds Of the State OF so1th
Carolina as collateral security for loans. This Is
sensible proposition which, II adopted about Two
years ago. would have saved some millions OF
doAsrs. 1t appears now t, be Ike locking the
stab doors after the loss OF the horse, but It Is
probably introduced on the principle tnat
measure Of reform is better late than never
Senator Whittemore also inaugurated cru
sade against the financial ageGt to day oy the ln-
production Of the following bill. which proposes
to bring that official 10 an account OF his nnancal
stewardship under the dire pt nalties OF the law:
Whereas, the financial ard OF this State were
by an art entitled an act relating to the financial
agent Of this STATE, approves March lS. 1877, au-
t6orized and required 10 settle aud adjust forth.
with the claims demands and accounts OF the
financial agent OF the State, and receive lrom nun
any balance or property or effects belonging TO
the State and render statement OF tne settle.
ment with the fuanciai agent 10 the comptroller.
general Of The state thirty days prior 10 the meet
ing OF the next General assembly; anu whereas,
no such statement OF settlement has been made,
therefore
he IL enacted, &C., Thai the State treasurer be,
and he Is her, by, authorized and directed TO COM
mence such proceedings Immediately upon the
passage OF this act against b. II. Kimpton, hnan-
cial a. enr OF the State or South Carolina, In the
City OF New York, as shall secure IN the most
speedy manner an adjustment OF alllawful claims
and demands which he may hold against the
State Of South Carolina, as well as the recovery OF
all property or effects belonging to the State OF
South Carolina, now In or which may hereafter
come into the possession OF the said financial
agent, or any part thereof.
AN ADDITIONAL FLOUR INSPECTOR.
Representative Levy this morning introduced
bill to provide for the appointment Of another
nour inspector In the City OF Charleston, OF which
the following ia the text:
.'That on and after the passage OF this act, the
power OF appointing hhur inspector for the City
OF Charleston be- and che same is hereby, VISITED
Charleston.
., hat said Chamber of Commerce shall have
the power, and they are hereby authorized, to ap-
point an additional nour Inspector for said city.
"That said additional flour inspector all h.ld
Office during the pleasure OF said chamber OF
Commerce. subject 70 such rules and regulations
as may be liked by them"
ARByIsIoN OF THE TAX Law.
REPRESENTATIVE hurley, to-day, offered Joint
resolution, which proposes the appointment OF q
committee Of citizens to mase thorough re7is.
lon Of the existing Laws for the assessment and
taxation Of prop, rty, as lolloWs:
whereas the Interests or the people OF this
State require method II taxation at once equi-
table, efrective and free from unnecessary op-
PRESTON one which will yield the requisite reye-
nue. while .ubecllng them as little as possible
TO inuusltorial vexatiOn, and which Wilt be at
{th tho,o ooofo q raa