The Fairfield herald. [volume] (Winnsboro, S.C.) 1849-1876, 1873-07-30
All Interview with the State Treasurer

All Interview with the State Treasurer.
r. Tho Columbia Correspondent Of
tho News aud Coulter recently had
an interview with Treasurer Car doza
AS it was of considerable length we
give the most interesting portions of
Correspondent. In tho first
'r!aco l would be glad to know if
your recent visit to New York was
upon business connected with your
office, and if SO, what business
Cm ns). l have nothing whatever
TO do with any speculation in State
nocurities, and my recent trip to Now
Y ork was purely on account of my
: own private affairs.
Correspondent. rs th,te anything
doing in our State bonds in New
Yo
Oardozo. Nothing whatever, as
Gar as J. could learn. Tho States
credit is entirely gone, and tho bonds
are as fiat as they can be. do not
think there arc any GALES Of our bonds
Mt all. No ono comes to buy thom
cvon at the low 6guros at which they
arcquoted, and tho holders'ato 8im-
ply keeping them in the hope tlrat
something may turn up by which thoy
may be able to realize something for
them.
Cor. What is Kimpton 'Adiut rs
financial agent of tho Stdto'2 Have
you any dealings with him ?
Caravzo. There has boon no 'busi.
moss done between Mr.. 'Kimpton and
myself. So far as my nd administration
is concerned, he has nothing to do
with tho finances Of tho State. lie
has DO bonds of tho State, or at least
claims to huvo none.
Cor. What has no demo with the
bonds purchased on account of She
sinking fund, tho agricultural col.
logo scrip, and tho si2. hundred
thousand dollars IF tho bonds Of tho
Blue Ridge Railroad, which ho held
Tor tho State
Cardozo. My information is that
every ono of them was hypothcoatod
for loans made in rarkcr's term, and
the whole of tho ono hundred and
'ninoty-ono thousand dollars I'm the
bonds of tho State, in which the agri
cultural land scrip, was invested, to-
gctllcr with tho two hundred thou.
sand dollars Of bonds purchased with
tho proceeds of tho sales Of tho assets
'of tho State by tho sinking fund com
mitsion arc o total loss to tho State
unlcss tho officials who Illegally dis
posed of thom oan be held personally
responsible.
Cor. Well, Mr.. Cardozo, there /.
another matter about which / would
be glad to have somo cxplana.;on
from you. Can you tell mo why IL is
that you have no money to dcfrny the
current expenses of the government
1t is very easy to account for the
want of money in tho treasury to
speak in round numbers, am called
upon to pay $2,5oO,0o0 Of claims
against tho State with but n little
over half that amount in tho treasur,
TO do it with. Here, said the TREASURER
handing mo papor, AFRO tho itemised
appropriations for tho current fiscal
year. lhe paper read as Follows
APPROPRIATIONS
General appropriation bill s os9,S76
!ionry Waro 4 Son $4,000
Claims undcr 6ovornor's
proclamation $4,000
Lands in Darlington $500
building State Orphan Asy-
lum, 10000
Legislative expenses, 1928, rs, 900
Permanent printing,
lS72-'73 25O, 200
Publishing acts, $4,000
Legislative expenses,
lS70-7l-'72 $4,000
Legislative exponsos,
ls72-'73, 5000
Current Printing, So, 900
Fitting up House of Rep.
resont"tives. $4,000
Tx&lA