The Marlboro democrat. [volume] (Bennettsville, S.C.) 1882-1908, 1903-03-20

l had the basis Of getting more equit-
able settlement.
succeeded In obtaining thcconS cnt
of the appropriation committee to in
corporate an amendment in The deii-
cheney bill, providing for the payment
Of this balance, with interest at per
cent. from the Ist OF January, 1881,
TO date. A very strong, fight was
made by the House committee on APP
preparations against allowing this
item and, while the Senate confcrccs
and all the Senators familiar with tile
facts supported the justice Of the
claim and insisted on its retention, i t
was only after six hours OF argument
in the committee that at 2 o'clock
the night Of March 3 an agreement
was reached. i will say that had
made mp my mind that rs there we're
seven other claims Of an Identical
character, involving several millions
Of dollars i'm the bill, THAT felt 81
outraged at the seeming injustice and
sectional animosity, tt,at served no.
ticc that l would talk the last twelve
hours of the session or do whatever
other tilibuStcring was necessary to
secure justice for NY State. felt
that If the item went out that it
would never be possible during Mr..
ClnnOn'S incumbcncy avs Speaker to
obtain redress or get what was due, so
decided would take the reSpuSibili
ty or Of forcing al extra session before
! would tamely submit to such wrong
In conclrSi n, | desire to suggest
it will be a.l act Of graceful rccogni-
Lion and Of simple justice To MIR.
Baker that Che Legislature should
recognize his invaluable service by ap-
propri;lting Il small amount OF money,
SHY ST, 900, out OF that which has
been obtained. Ills work WAS not
done with this idea, however, but he
is poor and has Il growing family, and
the State can we'll afford to ply him
handsomely Yours truly.
Is. II. Tillman.
p. S.-To save express expenses for
the transmission Of the bonds, worth
as they are in the market fifty cents
on the dollar Of their face value be-
cause or their being rcfundablc, l re-
qucStcd that all OF the bonds and cou-
p0nS should Dc cancelled. l alsu deem
ii nothing less than an clement Of
safely that these obligations Of the
State that have been thus redeemed
should he treated us all similar bonds
are. They come to you in this shape
simply rs evidence and as Il part Of
the States debt which has been paid
It's worth while to note that the
United States Government has lost
money by not refunding these bonds
at fifty cents on the dollar in 1881
the same us any other OF our creditors
| There would have been issued in lieu
thereof practically the same amount
OF bonds and tile interest On these for
twelve years ut q per cent and ten
years 1T ~ per cent would amount to
$il5,O0O. The State has saved this
Interest nna has only had to pay about
Sl2l, ,0O0-toTcdcem the bonds at their
face value. AS Il matter OF interest
To the Legislature l enclose you a
copy of my speech i'm the Senate yes
tcrtay, giving the history Of the
transaction, with the Official records
1t was made in answer to Mr. Cam
mons speech and i'm Justification Of
The Scnatc'S action and my own part
in the transaction. should be OBJ
ligcd ii you would transmit ii to the
Legislature when it, cunvcncS again.
I}. Il. II.
Even up to the very last, as will be
seen by the following letter, certain
of the officials in Washington tried to
hold down the claim by allowing only
two days interest, but Senator Till
man would not consent to any such
business. The letter follows:
Treasury Department,
Onicc Of Comptroller OF the Treasury,
Washington, March. 5, 1903.
The Honorable the Sccrctaryof tie
Treasury-Sir: Az your request and
under your direction, have rc.cXam-
incd the account Of the State OF South
Carolina against the United States,
as settled by the auditor for the war
department by certificate No. u ,S04, !,
wherein he allowed the State the sum
OF S41 .2i5.I7 together with two days
interest.
This audit was made under the
terms OF The following provision of the
Deficiency Act, which was approved
and became law ON the I'd inst, viz:
10 pay the State Of South Caro-
lima for balance found due IRON the
| United States to said State, according
to the computation made by the comp
trollcr OF the treasury up to January
|, 1881. us stated in his letter to the
Secretary of the Treasury, dated
February 2l, 1903, Sill, 245.77 and in
tcrcSt upon the same at i per cent
annum until paid"
| The force OF this language iSadirec-
;iOn by Congress to pay The State Of
South Carolina the sum OF S47,2i5.7 II
and interest thereon from the lSt day
OF January, 1881, up to the date Of
the approval or this Act.
The Act, while it,only sets out said
sum, yet it clearly appropratcs the
interest thereon as if it had been set
out in specific figures. II is the same
as il Il Court should render a Judge
mcnt for Il specific sum and the in ter
est thereon from IL date certain. The
amount or the Judgment is simply Il
matter of calculation, 50 the amount
Of this appropriation is simply mat
ter OF calculation.
The auditor will therefore rest;,tf
this account and allow the State oi
South Carolina the further sum Of
$il,SSl.6l, being the interest on said
sum Of Sl7,2l7.7I 1T i per cent, from
said Ist day Of January, 1881, up tt
the approval OF said Act. a crcdi,
certificate Of difference will issue TO,