Year: 1879




Of the financial affairs of the business and
Industries OF the country Mt large in it,
own hands to expand and contract accord.
ing to its own necessities and the uucon.
trollable laws of trade, more or less variant
IN dlnerent sections, and hence moro or
less adapted to the wants and interests of
each section. The State Legislatures in
corporated the banking institutions of the
country, which, in the enlightenment of the
times, will only permit such variations
from the common standard Of chartered
privileges and requirements as the special
industries and necessities of the case may
demand aud Justify"


THE CAMPAIGN OF 1880.


$50 far 1 as can scc," continued tho
Governor, ''I do not recognize the neces-
slty just now of the Democratic party tax
ing on Its back the responsibility of the
financial question. Tho Republicans as a
whole have shaped out the financial problem
which they now claim is success Let
us not meddle with it, but give it fair
chance of success. If they have brought
the country to deaths door in achieving
1t let us at least strive not to make it an
actual funeral, whereas it will in such an
emergency become our funeral no less
than theirs. Let us look to the perma-
nent Interest of the whole country, aud en-
deavor, whether we win or loose, to deserve
well Of the whole country.


II am convinced we can win in 1880, if
the Democratic party Of tho Union will
have done with meu of expediency and
learn to toe the mark squarcly and fairly
Oh esta 1lished principles, and l know no
better school than the old-lno Jackson
Democracy. Then let us put good trusty
men in nomination, fearlcssly avow our
principles, and show ourselves worthy of
trust by being willing to take defeat at the
hands of the people should they disapprove
Of our policy. 4 Constitutional rule,
se!f:goDcrnmeht anil no scctionalsns should
be the sum and substance of our platform.
fitted to good, honorable trusted and tried
standard-bearers, it matters not whether
they be from the East or West. | have
no patient with an Eastern Democracy,
and Western Democracy, a Northern De-
mocracy and Southern Democracy
as no DcmocrdCy ut all that is not as
pde as tic rhotc country. Uutil VIC can
find an Eastern constitution and Western
constitution, or Northern or Southern consti-
tuition OF the United States, let us have
done with this sectional Democracy, which
means aud ought to mean certain defeat
Let us trust the people with the matter,
and L believe the sober second thought of
the people of this great country will go
back to the Constitution of our fathers
with one conGcnt and find in its wide bo.
som what VIC all want, with the exception
of class of wicAvG mischief: makcrs-:'pco
blessed hcavcnJorn peace 2"


HONESTY TIE BEST POLICY.


The Governor then, of his own accord,
turned to consideration of the State debt
and its being met squarcly. lie said he be.
gan hls administration advising and ad-
vocating tho broadcast generosity to the pub
lie creditor IN the interest of the people of
the State themselves. Nothing could
make him believe that tho people of South
Carolina, if let alone, would do wrong
in this matter. "Thc whole delt, lust as
it is, could be carried bv the people, and
Mcy WOuht fnd IL more tn their interest IN tie
end to carry tie last dollar eft as 1t stood
han to rfouoiatc or seem to rcputliate one
dollar gift. Even if there was no other
consideration, no higher one, we were too
poor not to protect our credit even from
scandal. Still further, the political atti-
tude of 1880 demanded that we should not
add to our troubles the influence of com.
mercial men against us in our final strug.
gle fer righteous government and home
rule. "


"Whcn [ first went to Washington to
see MIR. Hayes" said the Governor, "thc
commercial men of the North sent a dele.
CATION ahead Of me urging the President
to recognize my government in the interest
of intelligent and honest rule. | found
their good word had proven, as it ought to
have done, potent with the Chief Execu-
tive. Ii seems to me to come IN bad gracc
from our people now to turn their backs
fatty against this same class which, wheth-
or our bonds were issued regularly or irreg.
ularly, is in possession of them, shorn down
in amount by an accommodation, adopted
during the Radical rule, between the State
and her creditors, so as to leave the State
two millions l,ss debt than her unoucstion
ed obligations foot up. This is a fact we
can't get away from, and should we brave
ly go forward and show our determination
to meet the last dollar, am convinced that
arrangements can be made, through the old
! English financial agents of the State, to