The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1877-05-26
SOUTH CAROLINA.

ACTION OF THE SENATE ON THE FINANCIAL
ON THE DEBT-GIGANIIc FRAUDS DIscov-
ERED-PRoMINENT Ex-oFFIcIALs IMPLICATED.
[BY TELEGRAPH TO THE HERALD
COLUMBIA, May %, 1871
The action OF tho Senate the Appropriation bill
Is decidedly doubtful Tho probabilities are, how
over that tho bils k2cluding The important section
providing for the payment OF intcrcM on the public
debt will eventually pass The main fight will DO
made on the joint resolution raising commission to
investigate the character AMI amount OF the
debt the text OF which resolution was
published in the HERALD three days ago. number
Of the most conservative democrats In the Senate
press themselves as being most uncompromisingly
opposed to pay OF the interest until the General
Assembly shall have had an opportunity to examine
and pass upon the work Of the proposed commission
A COMMITTEE EXAMINE
II may be safely assumed that the joint resolutions
will be SO amended as to require the commission to
report to the General Assembly at early dato as
practicable This WILL OF course, have the effect OF
postponiug the payment Of any portion OF the In
tercst on the debt until after next Novem-
Der, and the result will be no better
II tho resolution pass without amendment II Ia
pectcd that the commission will allow tho holders Of
the bonds until noxt November to present their bonds
for examination.
FINANCIAL OUTLOOK.
On the whole the financial outlook Is now rather
promising, and II there be any disagreement between
tho two houses on tho Appropriation bill tho interest
clause may yet be stricken out altogether.
REMISIsCENCE THE LATE REIGN.
Another and most astounding sensation was I'M
earthec to-day the details OF which, though not
yot made public understood to involve tho persons
presently to DO named IN hopeless confusion and pos
sibc ultimate and equally nCpeless disgrace ana ru'D
OBTAINED from those who have been
favored with psrS,ni Of valuable nS ,s
book n transcript OF the pIvase books Of the late
notorious Republican Printing Company Of this city,
has been secured BY tho committee appointed by the
Senate to investigate certain charges against num-
Der OF the republican Senators and officers OF that
body VII Dc sna nr ns
Clerk OF the Senate and A. o. Jones tcolored) the
former Clerk OF the House, who also the bosses
IN appropriation OF 1920 900 Tor the public printing
which, under the present administration. Is engaged
TO done Tor 000 the amount OF work being the
same in each instance
A rHLL-TALB BOOK.
The Importance OF the little teltaio book alluded to
above lies in the TACT that shows !he amounts Of
brides paid out and tho parties 10 whom they were
paid In order to secure the passage OF she enormous
fund WINS over ana the parties 10
whom IT was paid wore Ex-Governor Moses, ex-Statc
Treasurer f. L. Cardozo state Senators Nash and Whit
tcmorc and ex-Statc senator Y j. L. Owens Timothy
Hurley, one OF the Hayes electors. At that time a
member Of tho House, and f.. W. NJ Mackey, tho
notorious Speaker OF the Mickey House, also received
each liberal portion.
A PROSECUTION.
The discovery OF this evidence will hasten the com
mittoe's report which will be followed at once by q
vigorous criminal prosecution of all the persons named
with what result yot remains to be seen, though II can
perhaps, be anticipated.
Wh,tternorc obtained Indefinite leave Of absence
soon after the investigation Instituted and hurried
on 10 Washington or some point 10 the North where
no has since remained. The others arc siiil In the