The daily phoenix. [volume] (Columbia, S.C.) 1865-1878, 1875-07-11

explained the u1fferencc between m ex-
hibit of the States interest up to October
81, 1871, shown him and calculation he
had made himself; he said all was cor
rect except 10 and II; interest had been
calculated on bonds before they were
issued, and some marked as due which
were then hypothccatcd; this deduc-
ton rcconciled the discrepancy: the
first conversion process wns in June,
1869, of 10 State Capitol bonds; first con-
version into the treasury was September,
1869. 200 Capitol bonds, and 450 bonds
OF the Bank OF the Stute; these must have
been previously sold; date of Tax Payers
Convention WINS May, 1871.
Mr.. Walter II. Jones testified that he
was employed by the Financial Board in
1873 i'll examining into the condition of
the public debt; was engaged from April
till November; was clerk in Secretary of
States Office in 1878; n large number of
bonds were sealed in blue in summer of
lS72; the amount was large-2, ,000,0 600 or
5000, 900; found in Treasurer's record of
conversion bonds in blue, November 16,
1871, So, 900; finds none in blue con-
verted before that time; S24, ZOO in red
on November 16, 1871; December /, 1871,
S117 in blue; March IA, 1872, $4,000 in
blue: May 6, 1872, and on 18th, S22, 900,
all IN blue; his examination extended
from their printing by the Bank Note
Company up to the disposition made of
them on the books; the bills receivable
were sold Ill New York; all went into
Kinptons hands for interest on public
debt, (see Kinlpton's report, 1S69-7O;)
bonds for funding bills of Bank Of the
State do not appear to have gone into
klmpton's hands; the financial statement
in Gov. Moses message of 1873 was pre-
pnrcd by witness; Murphy. & Co. printed
the Orr bonds; the general condition Of
the -Trcasurers Office after Parker Ind
left it was not comprehensive to wit
ness.
y. j. p. Owens was called. Mr.. Attor-
ncy-Gencral Melton stated that he had
been served with subpoena June %,
1875, for this trial.
w, B. Gulick testified that he received
letter from james D. Lndd concerning
the funding of certain coupons, which
letter he answered. Parker had requested
him to fund certain large amount Of
coupons; subsequently Parker said he
had got Y. j. p. Owens to attend to this
funding for him; he then described the
rules of the bond market.
L. j. A1inton, Treasurer's book-keeper,
testified that there were two doors to
treasury vault-thc outer massive
double door, with combination lock;
Mr.. Mckinney and himself had the only
keys to the inner door; the combination
is known to F. L. Cartlozo md Mckinney,
self; no one else could get into the vault;
remembers that there are S101, 900 bonds
for relief of the treasury in the vnult,
unused, &c. there is no record Of their
having been returned by Kimpton; the
number Of bonds issued to Y. J. p
Owens show on record for themselves.
Mr.. Samuel Cavender testified that six
clerks were eleven days counting the
coupons, and he swore the count was
correct.
Mr.. Hardy Solomon sworc that Parker
offered him $40, 900 or $50 600 of coupons
as collateral for n loan in 1878; did not
make the loan; lost the memorandum Of
the coupons, their number and color.
L. McStewart testified that coupons
exhibited to him appear to be the same
he counted in 1874
EX-Gov. Scott, recalled, testified that
the memorandum of the bonds signed by
him he before stated was lost, but he
remembered that there were S4,200 900
in NIL. He got consolidation bonds from
Parker i'll July, 1874, to settle a judg-
ment against Parker; amount of bonds
Sl1, 300, tnce value; don't know their
number; corrected statement in Ne,cs
aad Courier, which made him say he did
not know the amount OF bonds signed
or coupons necessary; he said he did not
really know, but that he had not been
asked that question; he said That he
never heard of $4,000 of coupons hav-
ing been set aside for him by Kimpton,
or any one else; never got cent Of any
OF them. and, at tho proper time, could
account for every bond and coupon lie
had ever owned.
MIR J. G. Thompson got four consoli-
dation bonds from Parker, through Gen.
c. L. Anderson, six for himself md four
for another party; this was in September,
1874. They We're $500 bonds; remembers
that the highest number was 90; thinks
the others went regularly back there
from; knows nothing of Pnrkcr's having
abstracted $500 Of coupons from the
treasury. He and Gov. Scott were noti-
fed by defendants counsel that they
might be needed by the defence rs wit
ncSSes.
Court adjourned at 1.30 P. NJ. until
Monday, ut 10 o'clock, Mt which time the