New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1888-09-07

HIS chef supporter when Governor declared that IN
conjunction with Parker's confession 1t was dam
ming evidence Of his guilt. This was shown
TO him by reporter Of The Tribune at the time OF
the investigation, files show, and he made no
comment further than to say that might be genuine,
though It might be "doctored." Kmp!on's letters
10 Parker giving details Of his manipulaons of the
bonds I'm Ncw-York contain requests like these
Please show this letter to Chamberlain, as l have
no time to write another
J. L. Ncaglc, who was ComptrolerGenerai as lohH
Mr. Chamberlain Attorney General, tesuned also
that the scheme for the appointment OF hhahcidi
agent for South Carolina in New-fork was piahheu
and arranged by Kmpton and MI 'ha'hOeria'll.
Kimpton was class-matc of Chamberlain, who, u
should be said has denied any connection whatever
with his appointment. Ncage swore, as Parker did,
that Chamberlain prepared the financial measures
When the Conversion Act was passed, which Chahpe-
lain and Kimpton originated, Chamberlain construct II
TO authorize the state Treasurer TO prepare enough
bonds 10 exchange the whole amount CT the stock ana
bonded debt OF the State This went on during FOUR
wears the bonds being placed in Kmpton's hands as
RAPIDLY as the Governors signature could be obained
Neacc claimed that he opposed this action, anu III
fuenced the Governor against IT. " But whenever
Parker personally failed and kimptons ieucrs "cro
unavailing, Kimpton would put In an appearances
and the overtures Of the AtorncyGcneraIwouid get MS
signature for everything almost that was demanded
Scott could have been controlled Ncaele's testimony
agreed with Parker's as to Chamberlains deception
of the Taxpayers Convention regarding the over
issue of conversion bonds and the of public money
with Chamberlan's knowledge, TO bride members OF the
Legislature to vote for financial bills
Neagle also testified that some time after his term
as Comprouer-G General, Parker handed him package
of detached coupons, which he said contained MY
thousand dollars worth. TO be handed TO Governor
Scott This was DONE i knew nothing he adds,
about any arrangement between Kimpton, Parker and
others in connection with the coupons until after their
arrangement had been completed, when asceraincd
there had been regular system OF buying hypothe
eating and selling bonds, and manipulating them In
such manner as to establish what ihcy-Kimpton,
Parker and Observation-Disclosures legal claim to
very considerable amount Of coupons that were fund
able under the Consolidation Act" Parker sworo
that $4,000 worth OF coupons were set aside for
Chamberlain: and Ladd, clerk in State Treasurer
Parker's Office testified that Parker had mado this
statement to him at the time. Evcridge Cain,
member Of the Legislature, testified that he was PAID
for his vote several Of these financial bills, and
had conversations with Chamberlain in regard to It,
Neagle also testified concerning the speculation In
the Greenvllle and Columbia Railroad, which was
carried on by John J. Patterson, Parker, Kimpon,
Neage, Chamberlain and Others. There were twelve
shares of $4,000 each, Chamberlain having a half
share. The state owned 81 Cos shares Of stock in
this road In order 10 obtain possession OF this an
act was passed creating Sinking Fund Commission.
The osensibe object Of the act was TO dispose of the
DAMAGED granite anc marble, lying around the stae
House grounds Neage testified that Chamberlain
prepared the BILL and admitted 10 him having done
so. Both he and Chamberlain were members OF the
Sinking Fund Commission. Tho Commission sold
the stock without advertisement the day after the
bill was approved. and without any action of the Com
missoncs either authorizing its sale or limiting the
maid for z
Kimpton's receipt as Financial Agent, in New-York
for the amount of the bid "No money passed. says
the report of the Investigating committee, and the
fund transferred to Kmptons books was sunk beyond
recovery in the devious processes Of hypothecation
and general bond swindlng' Tho stock cost the
State 500 per share, aggregating 5433,9oo 1t was
sold at 81 IS per share, aggngatng So99oV o.
The committee add:
After majority OF the stock in the company was OBJ
tanned by arrangement and by purchases from private
parties and the Ring thus placed in control OF It's aars
the scheme which the objective point Of the apro
pration brough. into play In the shape OF Dill
relating the GTeenville and Columbia halloau No-
panyp (prcpaed by Attorney General Chamberlain and on
the 18th day OF February, 1871 introduced by Timothy
Hurley Of the Ring for the purpose OF authorizing
further issue Of bonds and giving them furiher
va ne in the market This also passed by bribery
with money furnished by II. II. Kmpton. Nor was
this all perhaps the Of this nearious business
although the stock in the company held by the state was
obtained by collision fraud with the Commissioners OF
the Sinking Fund without any consideration The pur
private parties required the payment OF money
or It's equivalent it is likely that the whole
this Ring combined could have gotten together OF their
honest credit enough money TO pay for single
$4,000 much less for the whole 100000 they
bought and held. In the testimony Of Parker IT ap
pears Kmpton paid Of the proceeds Of the sale OF
State bonds The money for share and half for Neage
Comptroller General who had the general supervision OF
bonded debt; share for Crews, who was chairman
OF the Committee Railroads in the House; oncquarter
Cardozo Secretary OF State who had the selling
Of all the bonds and half shares for Waterman for
Scott onehaf share for AtorneyGenera Cham
berlan, and two for Kimpton himself, and ono
share Leslie each share including an account OF
s4 600 Immediately payable being valued at $4,000.
The bribery used to carry these measures through
remarkable though not equal TO some other chap
ters In the history OF the South Carolina Ring Neage
admits that Kimpon credited MIN with S31,92O upon
his shares in payment for obtaining Governor SCOTS
signature approving the order TO him for the sale OF
81 100000 Of State bonds at seventy cents on the
dollar" f. J. Moses r. then Speaker of the House,
admitted he was paid $4,000 for allowing the persons
Interested in the scheme among whom he named Cham
Dellain, make up the committees as they desired
and was paid 81 900 for crowdng the bill through the
House a certain night
1t In the early stages Of this matter that tho
following letter was written:
ONCE Of the Attorney General,
Columbia. S. c.. Jan. 8. 1870.
My Dear Kimpton Parker arrived last evening and !
spoke the G.. and c. matter. l told him that
had just written you fully that matter and also about
he old Bk. Bills
DO you understand fully the plan OF the G. and c. en-
erprse? 1t is proposed to buy s35OO00 worth Of g. |
md c. stock This. with the s433 900 Of stock held by
The State, will give entire control to The Laurcns |
branch will be sold in February by decree Of court and
will cost not more than $4,000 and probably not
than $40 0oo The spsrtanburg and Union can also be
got without difficulty.
We shall then have in C. and c. les miles in Laurens
81. and in S. and T. 20 micsn all 2G9 mlleseou pDcd
md runnng-put first mortgage OF $4,000 mile |
his-sell the bonds at IS 80, and the balance az
er paying all OUTLAWS for cost and repairs is immense
over So 900 600. There is mint money this or
I'm fool.
Then We will soon compel the s. c. t. r. fall into
ur hands and complete the connections Asheville
\. c.
There IS indefinite for expansion Of power
ore us.