New-York tribune., 1874-10-22

i
Camera, Statutes of this State and was passed March
% 1860 instead of February, 1S72-within less than
seven months after the passage of the rst bona act
in the Fall Of 1863 and three years before the aa.e
| named nv vour correspondent as showing Una. this
| act was a sbrewd expedient to raise money arter
everything else had been stolen1
| Tha sacond principal allegation contained In TINS
oxtraot from your correspondents letter s that the
| Conversion Bond act' was prepared Dy Cnamoei
| la,n.y This is likewise total error. Inc Con'ei
sion Bond act is just and necessary act Oh iees'a
| tion. and might have drawn II WITHOUT a shauo"
| - h,ome lint AZ n matter of fact the statement
u,;ch have made respecting the drawing Of the
other bond acts is true Of this act Absolute PROOF
f this statement will be furnished il it is denied.
Third: Your correspondent asserts as matter OF
fact that ON Chamberlains sole recommendation
III. H. Kimpton, college cassmate OF bis, was ap-
pointed financial agent to negotiate State loans IN
New-York." Your correspondent is fortunate here
in being correct in saying that Mr.. Kimpton was
college cassmate of mine, but beyond that single
fact he is wholly mistaken in his statement. deny
that Mr.. KimptOn was appointed on my sole re-
commendationn and all fair-minded men will agree
that am entitled to be believed until some evil
dence to the contrary is adduced. say that had
no more to do with his appointment than each and
every other member of the Board either in power or
| influence. The appointment was made on the sole
| recommendation of financial authorities in New
York. whose recommendations were furnished 10 the
BOARD. and in proof of this refer to Mr.. Kimpton
| and the other members of the Board. They are
competent witnesses familiar with the facts and not
likely to assume responsibility which does not be-
| long to them.
| Your correspondent further asserts that Gov.
Scott stated to him that he accepted Mr.. Kimptons
| bond because Chamberlain had told him 1t was
| all right" know nothing of such a statement OF
| Gov Scott and it will be seen to have very little
significance when other facts are properly stated
| The act authorizing the appointment OF financial
agent is to be found page S of the fourteenth vol
ume of the General Statutes of this State. No bond
of any kind is authorized or required to be taken Of
| the financial agent The Board did, however of
their own motion require of the agent his own per-
sonal bond in the of S20O.O0O for the faithful
performance of his duties. That bond was gwen,
and if stated to Gov Scott that the bond was all
right stated the truth the whole truth, and moth
| ing but the truth That bond is now good and
| binding. and is an evidence that the Financial Board
were at least more careful of the States interests
| than the law required them to be. The statement
| that misrepresented any matter connected with
| Mr. Kimpton's bond is destitute of truth, or any
basis of probable truth.
might go on to show other instances in your cor
respondent's letter of what think shOsld be con-
sidered objectionable inaccuracy as, for instance,
his statement that 1.-The Legislature at its next ses-
| sion repudiated the entire issue of conversion
| bondsr Whereas the fact is that the Legislature
at that session, instead of repudatng those bonds
| formally validated" them by an act to be found
| at page 278 of the fifteenth volume OF the General
Statutes of this State.
1t will be conceded, think that the foregoing
| are the principal "facts" upon which the - conclu-
| sion of your correspondent respecting me rests.
OF all or nearly all the rest it may be said that 1T is
| hearsay repeated by your correspondent and not
| evidence nor facts" which demand lmore than q
denial and forbear to claim further space for COM
| ment or argument. / quite agree with your c0rfe-
spondent when he says that if he ID had been
member of band of assassns who had committed a
murder he Ql could not escape punishment on his
| (my) own statement that the Others throttled the
| victim against his (my) protest :" but hope your
| correspondent is sufficiently familiar with the prln-
ciple of law to which he appeals to know that il il
ALWAYS necessary first. to establish the fact" OF
the conspiracy and who its members, before each
can be made responsible for the acts of the others.
am happy to believe that you do not wish to do
Injustice to me or to any man, and If the ordinary
avenues by which the facts on both sides of our
present political controversy here might be presented
to the country were not practically closed to the
side on which stand, should not have felt called
upon to offer you this statement.
d. H. CHAMBERLAIN.
| Columbia, s. c.. Oct. IL, 1874.