The sun., 1889-11-28
SOUTH cARoLrNA,s DEBr.
Gov. Wicharason'a Scheme for the Settle
r,ent OF the Rrotyn Conaoln.


COLUMBIA, s. O., Nov. H.-Gov. Richard
son submitted his annual message to the Leg
islature to-day. Concerning the settlement OF
the State debt known az Brown Consols,
amounting to about t6,0O0000. bearing 6 per
cont interest. and maturing July l. 1898, the
Governor suggests that the Legislature pass
an aot authorizing the Issue in 1896 OF bonds
and stocks, interchangeable one for the other
bearing per cent interest, and to mature In
fifty years. As an inducoment to the holders
OF the Brown Consols to exchange them for
per cent. bonds, the Governor suggests that
tho Treasurer be authorized to pay the differ
ence in interest from the date of execution
up to the date OF the maturity OF the Brown
Consols, which is July, 1898. in cash. and
IL the new bonds cannot be exchanged
at par, then TO authorize them to be .ex-
than s97 por hundred. The difference between
the sum for which tho new bonds are sold and
a fund appropriated for the purpose. The
Governor recommends rs an addit ional guar
9entee,to secure the payment OF principal and
by the State be, pledged to and set apart for
that purpose: This royalty yielded to the state
whole amount of the annual interest OF the
proposed now issue OF securities.
re 90 e Wbs an9
railroad trnlns the Governor says:
Iisamatter of general alton that in response
to urgent public demand several OF tho railroads en-
terng Columbia provided separate but equal accommo
s%R
successful causing no friction or complaint but
ducnR instead In eminent the pleasure and
comfort Of the exoursionists There s no why
this temporary regulation should not be made psrma-
nen 70 the Joint advantage OF tho railroads and the
travelling public.
As preliminary step to the settlement ofthis
question. the Governor recommends that tho
general statutes be carefully amended in order
that common carriers may be relieved OF the
disabilities under which they have been placed
by those who no longer represent the State.
and that q reform which Ia demanded by public
sentiment may not be further fmpeded. The
law which tho Governor desires to have
amended is the Civil Rights law enacted by the
Republicans previous to 1876. and which de-
clares that any corporation making discrtmina-
tion In the matter OF accommodations. &c.. on
ACCOUNT Of race or color snail forfeit its charter.
Under the head Of Militia" the Governor
makes the following Recommendation:
would earnestly bring to your attention the pro-
priety OF collecting for preservation the battered battle
State These signs represent the honor and valor OF
people, and the state should take that they
reyerently preserved honorable memorials or tho
gallant aud self sacrificing devotion of her Let
her request the veterans of the Confederate and
navy to send the baescarred flags to tho Inspector
Generals Department to be carefully preserved In the
Capitol appropriate where they will bear silent
testimony TO the herosm with which the of South
Carolina yindicAted her honor, and the sefsacrlnce
with which they laid down their lives in her detenoo
geston and the safety and preservation OF the
haRA