The daily phoenix. [volume] (Columbia, S.C.) 1865-1878, 1873-10-31

TIE BuRxT PArxn.-lThe cores,
.pondent OF the Charleslon Ns,1s TINS
writes ot3ths fragments OF burnt paper,
said TO have been seen floating about on
Sunday last: s. ,,s So Ses. 81
On Saturday night last, there was
burned at Parker's private, residence q
large amount of the revenue bond scrip,
better known as Blue Ridge scrip. It
is estimated that there must have besn
at least hamper basket full OF it con-
suhed. as the cindars were discovered
far and wide around in the adjoining
premises, and in the alley which leads
back from ths Columbia Hotel by Par
ker's house. was informed Last night
that some sort OF bills or bonds had
bsen burnt there. and that some of the
charred paper could be seen With tie
printing stiil legible upon it. I went
through the alley this morning aud
picked up several pieces. which have
preserved. It is Blue Ridge scrip, in
bills Of the denomination of ones, fives
and tens. These denominations were all
that was able tc discover. From the
fragments gathered, 7 hnd that it is de-
nominated revenuo bond scrip; that it is
issued professedly under the Aot of
March 2. 1872, and that it is receivable
for all dues to the State except the spe
oial tax levied to meet the interest upon
the public debt. There is not the least
doubt in the world but that the paper
burnt was intended for revenue bond
scrip. A most pertinent inquiry arises,
why should Parker have burnt it at this
particular time, when there is possibi-
iity, il not probability. of the scrip
being made in some measure valuable? 4?
Gan find no answer to the inquiry alto
gether satisfactory. showed the epe-
clmens have to some of the holders of
tho bona 1ide scrip. and they pronounced
it to be what ia known as the Worthing-
ton or Washington issue. There were
it appears. three distinct issues of the
scrip, amounting to SI,80O,U0O each.
First. there was what is called tho origi-
nai issue Of denominations nc! less than
$50, printed here in Columbia. Then
there vas the issue by the American
Bank Note Company, under instructions
of Mr.. Wesley, of New York, the largest
bona tide holder OF the scrip. This is
consldered al the genuine issue. Lastly,
there WAS the Worthington or Washing.
ton issue, because printed ir Washing
ton, through the iEstrumentality Of
Worthin"ton. This was done. as I nm
derst ia .t. TO circ .mvent an Injunction
whloh some Of :. : ,reditors of the rail.
road company Lac obtained against the
issue Of that which WAS being printed
by the American Bank Note Company
of New York. This Worthiugton issue
Parker is Said to have bad in his hunds
signed, and to have intended to issue, if
I hn1 nf e. khn - II
tained in the suit of the State &c rela
lone Edwin F. Gary, Auditor. Us.
Parker. as State Treasurer. Why he
should burn it now, am at loss to d-
vine, unless it be, as is generally sue-
gosted, he feared hs might be drawn
over the GOALS ii it should be found in
bis possession. The mysterious trans.
action has caused a great deal of talk in
the town to-day.
He thus describes an interview With
Treasurer Cardozo:
In casual aud hurried conversation
with Treasurer Cardozo, elected his
views partially. He thinks that the
debt can be arranged upon basis that
will meet the approval of the Conserva
tivGs and Taxpayers of the State, and,
at the same time, practically redeem the
pledges which the Republican party has
made in relation thereto. His idea is
10 scale the old bonds at about sixty per
cent. of their face value and interest, the
valid new bonds vt the same rnte, and
the questionable bonds, Blue Ridge
scrip. &C., in proportion to the actual
consideration received by the State. He
ffers, he says. very materially from his
E1cellency, when the latter declares that
II Is "irrelevant' what confederation the
State received for the doubtful bonds
On the contrary. be holds that the valne
received is the only equitable ground
upon which tho holders of the bonds
can stand. and the amount of that value
shonld be tho measure by which tho
State should pay them. To relation to
bills receivable" he snys it is not true,
AS has been 30 frequently alleged hero of
late, that he fagors their issue. He
thinks that any large issue of then,
would open the door to innumerable
frauds, and end only in complicating the
finances Of the State more wofully than
they low are Some time ago, after the
extra sesson had been ordered, in Wow
of the emptiness Of the treasury, aud
being asked by some one of tho leaders
hnv II uno pOuuib1o 70 r,;so ro, .,.,