The Anderson intelligencer. [volume] (Anderson Court House, S.C.) 1860-1914, 1892-10-26
30 Luck Yet at RefundlDg tho Debt.

COLUMBIA, S. c., Oct. 2l.-Governor
Tillman returned from New York last
night, having been on visit to the
metropolis with State Treasurer Bates
with the view of making E.,:.le arrange
ments towards the refunding ct the State
debt. Being requested to state the result
of his mission he dictated the following
statement for publication:
"As it is matter OF general public
interest and the people are keenly alive
to know the result of our visit, As far as
can will make public the exact oondi-
ton Of the matter. There is evidently a
strenuous effort being made by. the
holders of the old fraudulent bonds to
forco the State at this critical period into
somo sort of recognition Of their claims,
and am sorry to say that some OF our
own people in Charleston are lending
aid and comfort and are in combination
with the New York sharks, who fattened
on the States misfortunes during the re-
construction era. TO further their object
a telegram was sent from Charleston
and was published in the New York pa
pers the day after VIC reached there as
serting that we were in favor Of the Issue
of II per cent. bonds to redeem the per
cent. Browns and the issue of new bonds
to the amount of $780, 900 and take up
the fraudulent bonds. OF course this
falsehood was read in New York and it
had the effect Of directing attention to the
existence of the old fraudulent bonds
and lent color to the charge which met
us in every direction that the State at one
Thon we found that political influences
had been and are still at work throwing
every obstacle possible in the way Of the
success Of our mission. In addition to
that the weight Of the financial centers Of
the State was against us.
lowing to the virtual cessation OF bus.
mess produced by the Columbus colebra-
ton and the feeling Of uneasiness and
doubt which exists because Of the uncer-
tainty as to which party will be viotori-
Gus In the coming election, we found
capitalists unwilling to make any offer
which We could accept and therefore,
after having formed the acquaintance OF
and discussed the situation with some Of
the leading fnanciers on the street, ne
determined to return home and wait
discouraged by the obstacles which have
been shown to exist, and unless the re-
publican party is victorious in the pres
ent contest and carries both house and
senate / have every reason to believe
that we will have no trouble in arrang-
ing the rcfunding Of the debt to the satis-
faction Of the general assembly. or
course If all these branches of the gov
ernment fall in the hands of the republic
cans it would foreshadow interference
and control Of the Southern States by
this government and make capitalists
very shy OF investigating in our securi-
ties, and 1t il the desire to await the result
Of the election more than anything else
which has prevented our accomplishing
what we went to do. I would say for
tho information and benefit Of the con-
spirators who sent the telegram from
New York the night we left there which
states that Governor Tillman did not
accomplish anything in the matter and It
might as well be understood first and
last that nothing Of value can be accom-
plished until provision is made for the
non-fandable bonds, that they and the
Southern capitalists who are now trying
to do what they can, who are evidently
in collusion with each other, will have
their labor for their pains. The debt
will be refunded by Doctor Bates and
myself or not at all, and the modelling
will only result in harm. The State will
meet all its honest obligations dollar for
dollar If we are not thwarted by all the
influences which have mentioned and
the result Of the election, but never cent
by my advice or approval will go to pay
the fraudulent debt.''
Governor Tillman also foInl time to-
day to say few more words about poll
tics, as he saw it in New York. He.said
that as far as he conld Judge the outlook
for the success Of the Democratic party
was favorable, and the politicians he met
were sanguine Of Cleveland's election.
"Being stranger to New York meth
ods," said the governor, ~ had to rely on
tho expressions of opinions by those with
whom I talked. I met some of the Tam
many leaders with whom I fit, bled and
died at Chicago, and they expressed con-
fidence in the situation. called on Mr..
Cleveland after had learned that he had
expressed desire to see mo, and had q
very pleasant half hour chat With him."
Special to Greenville Nea0s.