The news and herald. (Winnsboro, S.C.) 1877-1900, 1878-03-05

equally bound to abide by the set~
Element of the State debt, settie-
ment concurred in by tho whole
people, and hailed by them as their
salvation at Il time when the burden
of taxation was too heavy to carry.
He thon went on to show that even
if the settlement had not been
agreed to and acquiesced in by the
people at the timo, yet the people
had since that time accepted it as
tinality, aud had ratified it, year
after year. They had done moro
than this. They had pledged them
selves in the Taxpayers Convention
of 1871, by resolution, to abide by
the debt rs they reported it, which
was within $4,000 of the amount
adjusted under the Consolidation
Act. TIE Democratic Executive
Committee in 1876
HAD PLEDGED THE PARTY
and the people to stand by the act,
good government had been restored
mainly through the influence exert
ed by that pledge Upon tho capital Of
the country. Still more when the
fight had been won at the ballot box
and the true sons of Carolina had
been thrust from their Legislative
halls by Federal bayonets, the Wal
lace House, the true representatives
of Carolina, to whom the State
could never pay too much honor,
had pledged themselves, with but
one exception, to accept the debt as
adjusted under tho Consolidation
Act as final. On these sepa-
rate and distinct occasions,
and under circumstances we'll
known to the world, the best peo-
pie of South Carolina had pledged
their faith, their good name and
their unstained honor to- stand by
the Consolidation Act, and any
reputation of the debt as adjusted
Under 1t would not be merely the
repudiation of a moneyed obligation
but d Reputation of the best men Of
The State and the fair name and
honor of the State. He was
thoroughly convinced that the mena-
bers who differed with him were
actuated by the highest motives, but
he warned them that by their act
they placed stain upon the fair
name Of the State that o century
would not wipe away. Having
dwelt at length upon this point, and
having earnestly prayed tho mem
bers to consider we'll the stop they
were about to- take, the speaker
alluded to the fact that some of the
members had stated that the people
demanded to be relieved of q portion
of the debt. He stated that he
could not believe tlmt the people
were in favor of
SACRIFICING THE COON NAME
of the State for a few paitry dollars;
but even if they we're, he would
vote to stand by the act just the
same as if every man in the State
demanded it's confirmation. He
then passed to the legal aspect Of
the case, and showed by ntlmerous
authorities that the consolidated
debt could not be evadHd, and that
oven if the House adopted the re-
port of the commission they only
entailed the lasting STAINS of repu-
diation. threw the finances of the
State into interminable confusion,
and gained nothing in the end.
The creditors when they had con-
sented to the compromise had SO
framed the terms of the act as to
secure themselves absolutely from
being defrauded in the future, and it,
was vain to hope, if they 30 desired,
That escape was possiNet
During his entire argument per-.
feet silenced f9fgned throughout
the House, and the speaker was
heard with marked attention.
A. WHITE RAr.--People are used
to the sight of white mice, says a
recent issue of O Utica IN. Ky
paper, but it is, doubtful if anyfof
ottr readers ever saw white )rat.
Tlms such thing OF life" exists
there is no doubt, however. A
gentleman living in Marcy caught
q veritable white rat in trap on
Monday. He will bring his curl
osity and exhibit it in this CITY M
soon as it RECEIVERS from the effects
Of interviewing the trap--a broken
leg. It's ears arc somewhat shorter
than the regular run OF these pests.
R,,A L. tl;Ggoaa f,.o.., 4l.Ax,. III H.