Yorkville enquirer. [volume] (Yorkville, S.C.) 1855-2006, 1878-03-07
SOUTH CAROLINA LEGISLATURE.
TUESDAY, February 26.

IN THE SENATE, q concurrent resolution of
thanks to the bond commission, was adopted.
The bill to prohibit certain persons from
accepting free passes from railroad companies
within this State, passed its second reading.
In THE House, the" report of the bond
commission came up as the special order, but
after some skrmishing between the different
factions, the further consideration was post
poned until the evening session.. nr 7e"c
At the evening session, the consideration
Of the report Of the bond commission was re-
sumed in connection with sundry resolutions
introduced by Mr.. Hood of AbbeviIle. The
resolutions we're read, section BY section, each
one being productive of some sharp debate.
Two sections, OF a preliminary character, got
through tolerably we'll but when the third
section was reached, then came the tug of
war. This section reads as follows: -. -.
Sec. s. That, as the sense of the General As,
sembly, the consolidation bonds and certificates
of stock reported by the commission as having
been issued partly in exchange for and in lieu Of
| detached coupons from relief of the treasury
bonds, Nos III 10 sls, SH, s59 to 9O6 and 9s5.
q charge against the State and were not included
in the bonds authorized to be consolidated by the
said act, are to the extent to which such coupons
entered into the consideration for such consoida-
ton Donds anu eertlncates or STOCK, not valid OBJ
| legations OF the State. n.. .i. rauJ ef'!
Mr.. Hood opened the discussion with an
earnest speech in favor of adopting the sec
ton under consideration. He said while he
agreed that although these bonds were never
used by the State, five coupons we're found to
be taken from each of the bonds If the
State never used the principal, he asked how
in the name of common sense did the cou.
pons became detached and missing? He went
on to show that when the committee exam
ined the Owens bonds, number of coupons
we're missing from the package. As another
reason why these bonds ought to be thrown
aside, Mr.. Hood said they were excluded from
the terms of the consolidation act. 3 ..f ....
Mr.. Gaillard followed in an elaborate ar.
gument on the other side He said he was
prompted by conscientious motives to abide
by the consolidation act. He went back to
the time when The act was passed. and des.
cribed, in graphic terms, the condition of the
State during the. days of Radical corruption
and misrule. He became eloquent as he de.
picted the evils to which South Carolina had
been subjected in years past. The speaker
went on to give a description of the tax pay
ers' convention and the work they had &C.
complished, reading copious extracts from
the resolutions which were adopted by that
body. Mr.. Gaillsrd read the resolutions
adopted by the Wallace House, and COM
mented upon them at considerable length.
Though the question Immediately under con-
sderation was whether the section given
above should be stricken out or not, he
touched upon every matter connected with the
bond question. Mr.. Gaillard's speech was,
in every sense of the word, an able one. His
propositions were clearly stated and cogently
argued. .ry ....
Mr. Shaw obtained the floor. but gave way
for motion to adjourn, which was adopted,
and the House adjourned to meet at II A.
| NJ. to- morrow. -" 49,