The daily phoenix. [volume] (Columbia, S.C.) 1865-1878, 1873-01-11
!. GOLuMBIA.S. C.
Saturday Morning: January II, 1873.
A Lesson nom Abrehd.

we nave enOeRVoreQ 20 persuade our
selves that the present Legislature is dis.
posed to, do well by. the State and its
interests. We are sure that this is the
case with a considerable number Of Re.
.;pfblicsns. and, Of course, the oonserva.
tive minority have every motive and de-
.4igeI Ito. promote coed government and
toegeneral prosperity. and, it possible.
ia testore 20 the State its good pame and
fair etandiDg. It is only when as in. cleo
] lions. where money enters as factor in
producing results. that we. have been
etanght by experience to be apprehensive
$of \ Tho action Of the larger portion OF
1.-The Radical element in the body. An
election .is too much for them. They
: stHssss55;;.ssss tssss55;;.ssss unnamed and COLLAPSE under
The pressure Of this seductive and ire
rsistible temptation. What q humiliating
estimate is placed upon their political
honesty and morality. may be seen in the
comments Of the press OF all parties
North upon recent events here. They
turn from this State with disgust. Avert
ing their eyes from looking upon its
wiokedness, they rest them With some
oomplaoenoy upon Georgia, An election
is at hand in that State for United States
Senator. The aa Northern Republican
press profess to- think Georgia Ku Klux-
ridden, and,tbeyy look With disfavor upon
the 10000 Democratic majority. That
Wis very bad and very wicked for Georgia,
they say, but they significantly add, that
there is no likelihood and no charge that
money will be used to buy the high
position ot Senator. They are willing
TO concede that that much good can come
out OF Nazareth. We wish thatour legis.
lators. nov that We have found it for
them, would, as Capt. Outtle says. make
annose Of this, !; al, 4 - Il.
Another thing We wish they would
considar.'.. Our nejghbor across the. Sa-
vannah imposes "a light tax upon her
people. and her treasury is equal to all
de9apaslnsaae ppohit. The State Trsa-
surer has found no, difficulty in nego-
tiating sthe bonds of the. State in New
York. His total receipts for the last
year; sum mp about $4,000. 600. The .ex-
denditnres. all told. aggregate only about
$t.806. 600 0-learing balance in the
treasury OF Dyer 500. 600. The total
amount Of the public debt, due this
ysaf, ia Hsarly $7op. 0JO. This indebted
/ ness will be increased by over 800. 600
otaelaims against the State Road. toge-
ther, with the legislative payroll. about
$3.50, 900; special appropriations, civil
establishment. printing expenses. etc.,
all amounting to: shout 300, 900. This.
added sto'theS 800, 600 outstanding in
dsbtedpess, will make the estimated dig.
b9rsehepts fosfs7o about $1.4o0. 600.
To meet the probable indebtedness.
there is;the tax on about $234, 600, 900 Of
property of one per cent
making about 81. 800. 600; rental Of the
Slate Road. $500 900; besides the 'in-
come from hire of penitentiary oonvic!s
and .speoial taxes. all aggregating to
something over $4,000, ,Ooo-leaying, a
balAnoetof about $780, 900 in the trea-
sury at tho end Of this year. With this
.p;sspSo.,; tits. thought that taxation Of
less than one per cent. will answer all
ths demands .ot the State. ~
The, misunderstanding interest Of the
Stateso Georgia is rapidly extending.
This is done without impairing its sgri-
cultural strength. The State invites
capital from abroad. and its prosperity,
small debt, low taxes and special e1emp-
tion;of cotton mills from tax for a long
termloi years, are inducing it to come.
and are rapidly attracting home capital
as we'll. The city of Augusta will soon
complete the work on it's canal, and will
offer abundant cheap water power at a
lower rate per horse power than it can
be obtained ct in either Old or New
: England. !; Here Is another suggestive
subject, illustrated by practical expe,
rience, which our Legislators would do
we'll to ponder. Why do we not enter
upon theS businessSf o. manufacturing