Yorkville enquirer. [volume] (Yorkville, S.C.) 1855-2006, 1913-01-17
dliseellaneous GRADING.
BOND OF TREASURER CARTER
Governor BIease Explains Reasons for
Turning it Down.

News and Courier.
Columbia, January 13:-Special:
Governor Blease having refused to
approve the sureties on the bond Of
$4,000. which Mr.. T. S. Carter had
secured preliminary to taking charge
as state treasurer, the law requiring
that the governor must approve the
bond, he was asked this morning why
he refused to approve the sureties Of
Mr.. Carters bond, and issued the fol-
lowing statement in explanation:
Il have been reliably informed that
the Gulf and Atlantic Insurance COM
pany is on the bonds Of very large
number of the county officials Of this
state, and l have declined to approve
those bonds brought to me, signed by
that company, and l shall not appoint
any man to office, as treasurer, or au-
ditor, or other appointive position,
who has to be bonded, who furnishes
bonds in this company, for the rea-
son that 1 do not think that 1t is
right for all state and county officials
to be bonded in one company; and,
wnen one company receives It's pro-
portionale share Of the business,
thereby assuming what conceive, as
governor, to be the full extent OF
| lneir liability in case or detalcatlons,
| | snail, in so far as my power lies,
protect the interests Of the people by
declining TO approve the bonds.
"ro show that This Is not political
fight l turned down the bond OF 90
ncltor GunIer, VINO Is my appolntee,
and also that of Solicitor ALBERT T..
Hill, whom, l presume, even his late
opponent will say, Is my friend. But
| it is merely a question as to what !
| believe is tor the best interest OF
| the people OF my state.
| las to the bond Of Treasure Car
ter: l have nothing to do with Mr.
| L arter's ideas or movements; he pre-
sented a bond signed by Gen. Willie
Jones, j. Pope Matthews, Francis h
| Weston and Others prominently con-
nected with the Palmetto National
bank. l do not think it Is right fol-
a state treasurer to be placed IN the
hands of or under the direct control
OF one bank by It's president, cashier
attorney and other officials being his
bondsmen. Mr.. Carter may view II
differently. Besides, these gentle
men, to a very large extent, have al
they have got wrapped up in this
one concern, and in case OF failure
of this bank, all would go together
and the probabilities are that Carter
would be here without bond.
1T is not a political matter, as Mr.
Carter told several Of my friends
throughout the state last summer
that he was my friend, and, hereto-
| fore, l have no reason to do him an
injustice or injury; but the duty de.
wolves upon me to approve $4,000
bond. and when 1 do approve it
propose to see that the bond Is good
so tar as the securities go, to stand be-
tween the STATE treasurer and the peo-
| ple of the state of South Carolina
| This is all there is to 1t. No buga-
boo to be made out of it and no re-
Election cast upon any Of those who
propose to become securities for this
| bond.
IF you will notice, Governor Will
son is receiving much praise for be-
ing against a banker holding the Of
flee of state treasurer of New Jersey
| If he is to be given praise for that
then why should a man whose bond
| is to be given by one bank be treas
urer of South Carolina? What Is the
| difference of one being banker him
SELF and the other being absolutely
in the hands of bank? I cannot see
any.
Il do business with the Palmetto
National bank; got a small amount
of money in it, and some of these
gentlemen there, particularly the
| president, are my close personal
and political friends, but when II
comes to my duty in approving the
sta.e treasurer's bond, know only
my responsibility"