The herald and news. [volume] (Newberry S.C.) 1903-1937, 1912-01-09

schools and the WhOle people (1HCluu-
ing those same parents) pay the taxes,
which are so easily voted away, that
run the State schools. I would not
injure any State college, but extrava-
gance is wrong anywhere, and espe-
cially when the people are paying
more taxes now than they can we'll
afford, and unless you reduce these
appropriations I would advise you to
get two-thirds of your members votes
for them, for they will be needed.
Water and Lights.
We are paying too much for water
and lights for the public institutions
in Columbia. From a thorough inves-
tigation of the matter you will find
that their entire plant is on State
property. For the year 1911 you paid
for water s7,5O0.0O, and for lights,
s6,OOO.OO, making a total Of s13,50O.0O.
CataWba Indians.
You are paying too much money to
the Catawba Indians. This amount
has gradually increased from year to
year until it is now s5,000.00. I would
advise that you appoint a sub-commit-
tee, or authorize some Of your State
officials, to have a conference with the
committees of the house and senate
Of the United States, Zone of which
our senior senator is chairman) and
see if the United States government
will not take care of these Indians as
it is doing in other parts of the Nation.
Finances.
In regard to finances: I promised
the people to fight for reduction Of
expenses and to veto extravaganza and
have done everything that I said l
would do in my campaign promises,
and have not done anything that
said I would not do.
You were told in the campaign,
"Blease's election will ruin the State
financially" Your attention is called
to the fact that with the assistance
of Mr.. J. Pope Matthews, cashier OF
the Palmetto National Bank of Co.
lumbia, money was borrowed at the
lowest rate we have ever had, except
during the administration of Cover
nor Hayward, when part Of the
amount needed was secured at this
rate. But this year, the entire amount
was secured at 3 per cent. In some
instances it has been necessary to-
leave 20 per cent. on deposit, but IL
this borrow such was not the case,
and while the money IS on deposit
here, it is drawing interest for the
State, thus further re'l;lcing the net
cost of the loss, which has not been
done heretofore.
The State treasurer signed tie
notes. then TOOK charge Of them
and went to New York with Nj.
Matthews and after all arrangements
for obtaining the r,cney had been
completed, in the presence Of MI.
Matthews and Solicitor George Bell
Zimmerman, 7 signel the notes and
turned them over to the proper par
ties. The arrangements were not CON-
pleted before We reachei New York;
the notes were not executed until al
ter We had arrived III New Yoriz, as
will be attested to by Messrs. Mat
thews and Zimmerman: and any re-
port or correspondence t the contrary
is & malicious fa!sebood and was an
effort to rob me Of the credit due ne
in securing this loan.
Reminding of the State Debs
While in New York. financiers gave
assurances of their assistance in re-
funding our State debt, and stated that
the bonds could oe refunded for a
less rate of interest than We arc pay
ing today.
Investments Made ia the State.
More money has been invested in
the State during the past Year than
has ever been invested IN anv one
year before. During the year 1911
many millions of dollars were invested
in new enterprises in South Carolina,
the amount being much larger than
for any other year-the fees from
which amounted to s35,905.92, 'being
an increase of IS per cent. over the
banner year," as will be shown by the