The Anderson intelligencer. [volume] (Anderson Court House, S.C.) 1860-1914, 1878-12-26

Bills will most probably fund them into
bonds ct fifty cents OH the dollar. The
effect of this legislation has not. as was
prophcsied IL would do. injured the credit
of the State, for since this action has been
taken the value OF the bong ftc bonds Of
South Carolina hns been raised three cents
on the dollar, which shows that the capital
ista are beginning to understand that our
people arc not trepudiationists. but that they
intend to pay their honest debts and lop of
the fraudulent ones. The Senate struck out
the enacting words Of the bill limiting the
pay of members Of the Legislature to thirty
days, and so the law stands as Il did before
the session. Col. Mattison's proposed
amendment to the Constitution, which pro-
vides for elections ofInetnbers OF the Les;is-
lature once In four years and sessions onco
i'll two years, las been postponed to next
session, but from the present feeling of the
members We think it is pretty certain to
pass THE lien law has been indefinitely
extended, so TINT hereafter 1t will not bo
necessary to PASS a new law every year.
The election for ,SsF '9i
sUrEEryTEHDgSr or THE pssITENrrARY
came off last Saturday, and DIR. Il. J. Lips
eomb:was elected. Gen. II. III. Anderson,
Maj. IT. Is. Lee and Mr. THOMPSON Earle
werc also nominated. The friends OF Mai.
Ice secured the signature of q majority OF
the Legislature for his appointment to the
position, and after that Was discovered the
friends of the other candidates combined,
and secured the passage of resolution to
elect, and succeeded In bringing Influences
TO bear sufficient tn defeat him. OF course
having started out ahead, the friends of
other, candidates felt that he was the man
they had to bent, and his original strength
was the cause of bis final defeat. DR.. I-Ie.-
COMB Is good man, but we regret that Mai
Lee was not elected. 1t Is due to him to
say TINT he was not candidate, and his
friends down here are entirely responsible
Tor mentioning his name.
THE noNp COURT DECISION
has been rendered, and the Iunjority, con-
ssting OF Judges Thompson and Aldricl
agree III declaring the fraudulent portion Of
the debt OF the State void, while Judge
Hudson holds that every consolidation bond
is Y e. valid debt resting upon contract
The majority hold that the act creating tlie
consolidation bonds WIS unconstitutionnlly
passed, and that these bonds are no stronger
obligation upon the State than the original
bonds which were exchanged for them
Ilie decision virtually sustnins the bond
commissions report, and if carried out will
save the people about two million. dollars.
The decision was entirely unlocked for, aud
Tie friends OF the Dondhoiders are very
much put out with It, although they hope
Tor better luck in the Supreme Cont,
whittier they have appealed. The case will
in the mean time the people or tic State
will have o breathing spell, and be ulti-
niatcly prepared to take care Of the State
upon the debt question. The health OF
GOVERNOR HAMILTON
is improving very slowly, and there are
conflicting eccounts abont il, though we
think the best authority Is that he is i'm
proving, He says that he has passed tile
crisis, and will get we'll which is q very
favorable Indication. y
This will be our last letter from Column
bin for this session. The legislative session
Is over, and hiis bcen q short one in days,
but long in the amount OF work. 4 It has,
however, been harmonious and pleasant
one. This is especially true OF the Ander- 4
son delegation, who have been very dill
gent, and have not disagreed upon a single
important vote during the term. We arc
oil glad -!.at the final adjournment will be
had to-night,i and that Tomorrow, we. will
once inorc hS AMONG our friends in Ahder-
son to enjpy!the Christmas holidays
T.. B NJ