The Newberry herald and news. (Newberry, S.C.) 1884-1903, 1892-03-16
TIE gAGE OF ESOREE
Writes of Tiliman and the Credit OF the
State.

To the Editor Of The Herald and
News: Tillman, the first year OF bis
administration, has seriously impaired
the credit of the State, as the following
facts show:
The bonded debt of the State due
July, 1883, according to the report OF the
Comptrolier-Gene submitted to the
last General Assembly, amounts to So
952,e16.20. These bonds must be PAID
or refunded on or before July, 1883,
The time for doing it is near at hand.
When Tillman was inaugurated the
bonds of the State commanded prem
;um of about 5 per cent. What IS the
condition now? w. T. c. Bates, State
Treasurer, in his last report TO the Gen-
eral Assembly, says: From the State
ments or exhibits given in this report,
an idea can be found of the conditlon
of the financial affairs of the State.
No one can say that they are IN an
"eminently satisfactory condition"
An investigation clearly shows that
they are in an eminently unsatisfactory
condition. The State Treasurer, speak
ing of the act of the General Assembly
authorizing the refundirg of the bonds,
saws: "E complied with instructions
given me in the act, and had proper
notices inserted in newspapers, [ also
had circulars and copies of the act
printed, and notices given that they
could be had upon application by par
ties desiring information, and have sent
out large number Of copies. Copies
oftke circulars and notices are furnished
with this report. also had prepared
with much care the necessary books IN
which te. record all transactions under
the refunding act, and duplicates OF
these books for the Offices Of the Gov
erAor and Secretary of State. An
agreement was entered into with the
American Bauknote Company to fur
nish the necessary plates aud to en-
grave the bond and stock certificates as
needed The Treasurer goes on and
tells US he ordered and paid for hun
dreds of thousands of bonds and stock
certificates. He says he has been able
to exchange only s,369.70 of new four
per cents. for an equal amount OF
Brown Consols. He. acknowledges be
has failed to refund the debt at / per
cent. Georgia refunded her debt at 3
per cent. 1t is clear Tillman admin
istration cannot refund it at all. The
above facts are taken from the report
of the Comptroller-General, a book
Tillman promised US two years ago he
-worfd4ssh the Leiisiis sisissttd1e 70 priut ;u aeu
thousand copies, and would distribute
them among the people that they might
know what is being done.
This, like all his other promises, be
failed to keep. People who have money
to invest have no confidence in such an
administration-one that promises, but
never performs. We are in the hands
of gang of trading politicians, lead by
Tillman, who have parceled out the
Offices. They promised any and every
thing to be elected, and fulfilled Lone.
They will promise any and everything
to stay in. They have no care for US.
All they want is to feather their nests
and have a good time. They have
ruined the credit Of the State. They
have threatened US with the breaking
up of the framework and general disin'
tgration of society.
Citizens ofIthe State, what shall We
do to avert the calamity? We must get
rid of Tillman, or sink to the bottom
and live in the dregs, while be and his
gang feast on the fat Of the land at oul
expense.
Tillinan, by his acts, has clearly
shown be has no knowledge of our pop
uiar form OF government and laws. He
is domineering, dictatorial and tyranni
cal. His conduct has shown he is
dangerous, and utterly unfit to holc
any official position. He has involved
the State in lawsuit after lawsuit, il
every one of which be is wrong, except
that of Coosaw. It was based on the
opinion of Attorney-General Connor,
given in 1877, and concurred in by
every General since thattim
Tillman's administration is entitled K
no credit for gaining it; but deserve
censure for it's bad management
whereby the State has and is losing
large sums Of money.
Farmers of the State, we elected Till
man, we did not know him two year
ago as we know HIM now. Then b.
was suggested by convention of th'
farmers movement men, the champion
of retrenchment and reform. Now, b.
thinks he is the movement, and de
clares himself a candidate for re-elec
tion, and after denouncing as ''rottel
drift wood, our farmer members cf tn
Legislature calls for Legislature O
men who will obey bis orders. Th
Legislature acted wisely in taking hi
free pass from him, and refusing to en-
act into law his absurd propositions, al
looking to concentration of power int
his hands, for his own benefit.
Tillman and Ellerbe have well nigi
ruined the State financially. Anothe
term will finish US. Think we'll on i
and vote them down and out when th
time comes.
Government is business of the highes
order. No mans personality is wortl
anything. Common sense and honest,
are badly needed, particularly amon