The daily phoenix. [volume] (Columbia, S.C.) 1865-1878, 1875-03-05
COLUEIBIAI,. Sc.
Fstiay Asrntag. March &. 1876.

on the part Of tho Senate, to frame an
address to. the Governor, asking the
ro@8yal Of the Treasurer. Mr.. Meetze,
on Lexington. . member OF the com.
nietee.t and the gentleman referred to
aa Ar. Cardozo's reply. as one "who
anay be regarded a. qualified by his
1Pility .snd profession to discuss the
Questions involved. delivered speech
in favor ota the resolution, which threw
q strong light over tue whole subject.
Ar. Neetze was lsboring under physi-
cal weakuess. bat his spirit was earnest,
asrapkHnd 1atriosic ii the Treatment OF
THO delicate questions involved In it.
He had iudnlgsd the hope that when
the new scheme for funding the public
debt had been inaugurated. it would
.hszs marked =. new and better era;
~hst pe6dfation, fraud and spolia.ion
would have hsnoeforsh been discounte.
-.nanoed and discontinued. But inves-
--Egstion shows fshas this was delusive
hope; that the parties who have
HeeyA NpynTthapsopls ofB0HtA QIrS.
lima 9nA Ae1gSltssd S6sm, Id AS oeesh
>ai debt and inlsnyys " are NOT content 90
"IM 1snkasenpe. their ,blsoa and,
shes s9fpfah Hos apisi'ss saN 70,
psont ont of them, IN saying this. he
-alainsd to be absolutely free from
-evaaWaD NK1 fSeii6k 81 q aalg1tIf.:
He a,ad shinself, when the bill to re.
t.dnne tho volume ofHthe public debt
came before ahss Fspssa at tAe last
aessisa !biH ttp rsserSiiv SSf Shicn
sshs fssasufer aolaimS.aud boastS Of
male the motion to insert the clause
Thigh seSscted tho convsrsion bonds,
aretai Af operAtion. 1t ~as this
plank upon which 1.-The Republi.
can party had chiefly relied for
sso@ 10 hetft scamhaiga. =. Had.
ke &dowG-sas Amuch then i as. he
does now. had he possessed the in
&ermation which the Treasurer must
have possesied,, he, sHoulds have gone
farther and inffodnced other clauses
foc tho rejection OF the hypothecated
aoadsf nhtek1his fnysssigstion has de-.
saonstratsd to be equtliy fraudulent
axitA the oonyersiol bonds. The Trea-
ssrss,neceassrily. knew tha charseser of
soth. hid hs ms not yigiisnt toiteisot
either. On, Abe contrary. he had left
gap Open for their easy entrance.
We As3sqy iolios Mr., Msstzs IN eli
the. striking points which he made. He
~as particularly impressive in the view
Nhich he urged q the varying character
OF the TreasursE.s zeal for the interests
of the State. When the General ~
esably. at the isss session. ordered .
bill OF Mr.. Hardy Soiomon's q. be
paid. ,hs showsd vigilance and frmnefs
ia rejecting one item of $25. 900, which
&e fsgsfded 40 doubtful. He would
not Sisfd his objections until be re.
oeisad special and renewed directions
from the General Assembly to pay The
.oaaH $50 it wAs in the matter of the
SesNhcAtes OF indebtedness ordered TO
dc tsaped by4him. ct the sams session.
in h6haif oi several claimants. Mr..
OsddkS fought. against this positive
eedPr with all his might, carrying che
aisSeAssa which grew ont OF Il up 10
&hsaRprsme Osprt. and dnally to the
Uaied States Supreme Court. This
zsassaAioh might be considered com.
saendsbfs In enc point Of view, was
altogether lacking when it should have
Sssu equally exhibited in defence and
Feetection Of ths,great interests OF the
State against TIP funding OF fraudulent
6ends.an coupons. Personal interest
sgaiast the one class OF cases. and in
tasoe Of the other, only oan explain
ekis remasksbls rooutradictory course
of the TlsasREss. NJ. Nseisshapdled
.uother potd Asfy s0uelasissly.s The
eommittsS5 y statsd. BY way of show.
dag the ssS shAracssr o. che in.
terest coun ns Allcxsd to be funded
~ Mr. foH Jdls3 1871. mp TO
~hiek tias : 1ks 81 ~ ssss,9. 4 Gbsd y bssn sand.
cd. down l.tk.sths hssosal