The Pickens sentinel. [volume] (Pickens, S.C.) 1871-1903, 1878-02-07
Editorial Corresponding

the state University created the hot~
test debate that has been had on any
subject yet brought up in tlffs Legis-
lature. After several days spent in
debate, tho bill passed, and was sent
tothe Senate, where no doubt it will
3 alsopass and become o law. The me-
csssity for establishing this institution
ut this particular time, is not apparent
10 me. In the up country we have
WoHord, Walhalla, and Newberry
Colleges, and the Furman Univero
sity for the education of males, while
There are Williamston, Due West and
Blythewood Colleges for the, educa-
tion OF the females. These institu-
tions furnish ample opportunities for
theintellectual and moral training of
tho youtha of the up country, while
the low country GOULD have patrons
lied them, and the Colleges in Chars
lesion and Columbia as cheapIy as
they can the University, when es--
tablished, Notwithstanding tho free
tuition given to one student from each
county. But it is urged by the adj
vocates of tho bill, and must admit
with a good deal of force, that young
mon of limited means who are not
able to take regular course in col
lege will be enabled to graduate in
any particular profession or branc of
/. studies in the University that they
may select, and be moro speedily and
particularly fitted for the profession
he may desire to pursue.
The report of the Judiciary Com
4 mittee, proposing the establishment
of County Courts, was summarily,
and very properly disposed of by res
ference OF the whole matter to the
commission to be elected under the
provisions Of the Constitution by the
present Legislature, to codify the
iaws ofthe State. ..g...
g& Pursuant to resolution of the Sem
G etc, I. :ee rec aannesting tho Comptroller Gen.
eral to furnish an itemized statement
of the bonds, floating and contingent
debt or liability of the State, TO tho
Senate, that officers has replied, in
which the following figures are given:
Principalof bonded debt as provided
form consolidation Act, SIS ,998, ,566.21;
sabig bonanza" warrants, $l15,5l1.79;
''little bonanza" warrants, 340, 100000;
deficiencies, 1875-76, $299, ,O80.67.-
Owing gItolan inadvertency in the tax
act Of Oct, 1876, there is deficiency
of $l6,75305 This later amount will
be provided for in the present appro-
priation bill. These figures added to-
gether make an aggregate of S6,769,>
9ll.72. The Comptroller says: "oince
tho date Of these acts ("big and little
bonanzas'O the floating indebtedness
of the State has been increased by
claims incurred and at present un~
audited There are no dates in this
Office on which to report" The bond
commission will perhaps give the de-
sired information on this point. In
connection with tho above figures
must be taken into consideration the
fbillsof tho Bank of the State. How
many of these bills are outstanding
1T is not known, but some estimate
theinSat $1,o00,0 900, while others think
there are not more than $500,000 of
t6em. The State, under the decision
of tho Supreme Court Of the United
Stateswill DO forced TO provide for
them at some future day, and they
must be considered as a portion of the
public debt. The debt then, taking
into consideration the bonds as they
now standiun1er tho funding act, the
floating Indebtedness and the bills of
tho Bank of the STATE, will approxi.
mate seven and a halt or eight mil
iionsof dollars. OF this amount we
do not, nor can not know how much
ID fraudulent, until the Bond Comtnis.
sion shall have made their report.
Perhaps we will be able to get rid of
about two millions, leaving the valid
Indebtedness Of the State about six
millions. This is the legacy left as by