The Bamberg herald. [volume] (Bamberg, S.C.) 1891-1972, 1901-01-10

sage and the Importance of the subject deserves
sderaon hands, and do anything looking the
accomplishment Of this work will be valuable contribution the
development OF the natural resources OF the State.
THE SOUTH CAROLINA INTERSTATE AND WEST IN
DIAN EXPOSITION.
resolution adopted last session OF the Gen
Assembly this State the South Carolina and West
Indian Exposition heartily endorsed and the advancement of
the great project earnestly commended and urged upon the
entire people of Our State
Encouraged by this spontaneous action the projectors Of the
enterprise work with great energy chartered corpora
ton organized with proposed capital stock OF s25oooo of
which nearly 100000 has already been subscribed
The Exposition has been extensively advertised throughout the
United States and the indications that will be largely patron
zed 1t has been officially noticed the Annual Messages
otherwise by the Chief Executives several Of the States of the
Unon and hoped will receive substantial from
those States bill appoprating $25oooo for Government
exhibit the Exposition pending the Congress of the
United States, and has passed the Senate
Not only will industries and of and neigh
boring States brought public notice. but those of the West
Indies we'll intended especially afford the agricultural
manufacturing State opportunity such has
before been enjoyed of publishing the world their extent
value and importance very eligible ste embracing
hundred and fifty the shores Of Ashley River in the City
Charleston has been secured and the work of has
been commenced The plan and the undertaking has been
made familiar all that necessary enlarge the
at this time. Is
Application has been made the State of South Carolina for
commend this appeal your favorable consideration The State
of New York voted the Of 100000 aid the Buffalo Expo
son and the State of Nebraska appropriated $4,000 the
Omaha Exposon and the State Tennessee voted the OF
$4,000 aid Of the Nashville Exposition and the amounts so
pended returned manifold to the people OF the above named
States in the results attained the that State has
heretofore made liberal appropriations for the Eposons
New Orleans and Atlanta the appeal behalf OF our own Expo
sition comes with great force.
MEDICAL COLLEGE.
Medical College of the State of South Carolina though
State institution has again placed at the disposal OF the Governor
several scholarships from each Congressional District which
carry with them free tuition The appointments were made by me-
beg the beray Of this institution and the good
work it doing for the State ~-@~ssS~
PHOSPHATE DEPARTMENT.
royalty by the State from the phosphate beds
the for 1899 In 1899 the state
received o286o In 1900 the State received
there has been less rock Mined for the
tors report will show the contrary but to the inability
Of the companies mining transportation for the rock
there 10000 the vicinity Beaufort ready for
shipment There have been number Of inquiries to the Phosphate
Inspector capitalists the State asking about the location
phosphate BEDS and especially Of the deposits
showing the States phosphate beds might be worth great deal to
South Carolina. would recommend that appropriate the sum
of this purpose be expended under the direction OF
the State Phosphate and that appro
pirate the 100000 the diem and necessary expenses
Board Phosphate Commissioners For further nfor
nation regarding the Phosphate Department Wod eel you 20
the full and complete report Of the Phosphate Inspector.
SINKING FUND. 3
attention directed to the of the Commissioners OF
the Sinking Fund The following summarized statement shows the
of Sinking Fund assets and how invested:
Statement Assets of the Ordnary Sinking Fund on Dec 81
1900:
Dec 81, 1900. Loans at cent to Counties 10000
Dec 31 1900 Cash Deposited in Banks,
Dec. 81, 1900, belong to Escheated Es-
taes .........$ 1697yoo
Dec 81, 1900. Belonging to Sinking Fund
proper :. =: o.. :..... 1337483- 15o7IS3
Dec 81, 1900. Amount of Assets Of "Ordi-
narv" Sinking Fund $5o57183
Statement of assets the cumulative Sinking Fund Dec
81, 1900:
Dec H. 1000. Permanent investments in S. {. 4I-2
Brown and Blue Stock. S 35728.56
Dec 2I 1000 Loaned to Counties at 5 per cent
terest ACKNOWLEDGEMENTS. 1o694283
Dec. 31 1900 Loaned to Commission for completion OF
State House at per cent. $4,000