The Anderson intelligencer. [volume] (Anderson Court House, S.C.) 1860-1914, 1879-02-20
perceive that in each of these cases its

are in reality nothing more than the
prompting of local or selfish interests.
The News and Courier also has shown q
ready disposition to resort to any tactics
necessary to carry its point, whether it be
by argument or by misrepresentation.
Its statement that we were upon the COM
mittee which drafted the resolutions Of
the farmers meeting in this county is, to
use as mild o phrase as the facts will
warrant, not true; and if our contempo-
rary had read the proceedings here it
would have seen that we were not on the
committee, and that the speech we made
was by special invitation, while the COM
mittee on resolutions was out. We re-
peat, that we never saw nor heard the
resolutions until they were read in the
meeting; and while we approve the
main objects of them, We are in no wise
entitled to the distinction of having
framed them, either directly or indirect
ly. We only mention this little circum-
stance to show that the Neaos and Courier
is not above wilful Misrepresentation of
any person it chooses to take tissue with,
and leave it for our readers to say whether
a paper which misrepresents small things
is to be relied on implicitly as: to more
important matters.
There has been no threat to revoke
any charter because a manufacturers
prices do not suit the consumers. The
whole complaint has been against the
combination which attempted to e1tort
from the necessities Of the farmer more
for particular article than it would sell
at without such combination. The Necs
and Courier we'll knows that there is no
power to repeal any charter where vested
rights have attached, unless the terms of
the charter have been violated, and that
no manufacturer would fear any such re-
suit. The farmers of this county, feeling
outraged at the imposition put upon
them by combination of monopolists,
without going into the legal obstacles,
simply demanded what they thought
right and proper in this instance. If it
is to keep manufacturers away at all, it
will only be those who wish. to come
down here for the purpose of enriching
themselves by undue combinations and
ezorbitanti. .exactions from our citizens.
We can welliafford to do without those
who would come for this purpose.
The News and Courier's attempt to put
part of the responsibility for the fnan-
cial trouble of the State upon us is also
entirely in keeping with its steady pur-
pose of charging its own faults upon its
neighbors. To begin with, the credit of
South Carolina is no worse to-day than
it has been at any time since the panic.
If the course of the Anderson papers was
injuring the credit Of the State, of course
it would also to larger proportionate
extent injure the credit of the citizens of
Anderson. Such, however, is not the
case, for our merchants have a finer for
eign credit than the same number of
firms in any part of South Carolina with
which:we are acquainted, and their credit
to-day is as good as 1t has been in the
past. This shows that the croakings Of
the bondholders' organ are not practical,
and that its discourses are fne-spun theo-
ries, the object of which is to frighten
persons who do not think for themselves
into its way of thinking on the bond
question.
Not only this, but if we mistake not,
the Me,rs and Courier advocated Gt did
80 indirectly, we know,) the passage OF
the bill forcing the creditors of Charles
ton county to take bonds for their debts,
bearing interest at the rate of four per
cent. instead Of the legal rate of seven
1per cent. The object of this act is to
force a compromise of the debt; or any
way its result is practically to repudiate
three-sevenths of the Charleston debt,
because if they do not get it reduced
they admit that they cannot pay it, and
hence the interest is all they expect to
pay. Therefore, by putting the interest
down to four per cent, they have repudi-
ated nearly one-half. Who are the re-
pudiators(?) Whcre do the repudiatiOn
acts eriSt(f) In Georgia the daily pa
pers have sustained tho honor of the
State instead of stabbing it, and in the
justice and propriety of her action in
setting aside tho $S,OOO,OoO of fraudu-
lent debt has been fully vindicated both
at home and abroad. In this State the
Ncws and Courier has misrepresented and
abused the Legislature Of the State,
charging repudiation and bad faith, yes,
even Butler and Kearreyism upon our
own people. Suppose that the daily
press of South Carolina had championed
the right of the people to investigate and
reject all fraudulent obligations of the
State and shown up the true inwardness
of the fraudulent bonds Of this State,
would any reasonable or fair-minded man
have thought of calling it repadiation?
Now, we ask, in all seriousness, upon
whom the responsibility for pointing the
finger of scorn upon South Carolina as a
repudiation State exists? We have
never advocated reputation. The Mea0s
and Courier has charged it where it does
not exist, and if capitalists outside of the
State believe it, the greatest part of all
the misapprehension which exists is at
| t-;hntobIo to tho oourco of o,Ir Nl,o loc-