The Anderson intelligencer. (Anderson Court House, S.C.) 1860-1914, February 21, 1878, Image 1

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Announcements or Diarrla?cs ?nd deaths, and notlce-j of a relirions character, are respectfully solicited, and wfll be Inserted (traits SHARING OUT THE SPOILS. Tho Trun Inwardness o? tho Stew* Mond IJ Int;. The evidence of ex-Treasurer Parker, before the Bond Commission, exposes the character of the arrangements among the Republican State oflicora for dividing the public spoils. It ts more shocking than anything of the same kind heretofore made public, , BX -THE AflU UER PARKER'S TESTIMONY. Mr. Pr.rkcr testified that the acts pro viding for Stato loans were, in most in stances, if not all, "shown to him boforo they were presented to the General As sembly." He understood they were dwn by Mr. Chamberlain, then Attor ney General. In some instances Kimn toi brought rough drafts from Now York, but always to Mr. Chamberlain. He said ; I do not know the amount of the prccceda of the solo of bonds made by -' Kimpton. The reports made by Kimp ton to the Comptroller General were not made for the purpose of giving* informa tion upon that matter. They were made so as to ?how* each year aa increase of the debt as little as possible. This waa by concurrence and arrangement with the financial board here. I never, exam ined Kimpton's booka, j I often endeav ored to soo them, but never could. Finally, I gave up trying to see them, because I learned he had prepared a new set to meet the exigenciea of the case. I always knew Kimpton's reports were not correct, and tho board, always knew they were not. Governor Scott wanted Kimpton re moved in 1871 from the financial agency. I concurred with the Governor at first, but we found it impossible to find auy one who would take his pince and ad vance the money which ho claimed to bo due to him without making an expose of the financial condition of the State, which we did not desire to do, and the iden was thon abandoned. Mr. Chamberlain never wanted Kimp ton removed. It was through his influ ence that Kimpton was appointed finan cial agent of the State. Governor Scott proposed Mr. Cameron, of Charleston, hut. not bains- on personal terms with Cameron, ?noT having no choice, I sup Eorted Chaoiberlain in tho choice of limpton. Mr. Cham Vrlain informed me before Kimpton's appointment that Kimpton, if appointed, would divide bia commission between us three, Mr. Kimpton, Cham berlain and myself, and Mr. Kimpton made arrangement to that efTect with us two-Mr. Chamberlain and myself-be fore hia appointment. We had him ap pointed on the strength of that agree ment. Mr. Kimpton carried out this agree ment only partially. Mr. Chamberlain admitted to me that he had received some money from Kimpton on this account, bat never owned to having received aa much aa I did, which was about $52,000. Our abures would have been about $150, U00 each ; the total amount of commis 8ions allowed Mr. Kimpton being about $450,000, being nearly 12 per cent, on the amount he reported bo had sold all the bonds for, in addition to tho commis sions paid by him to other brokers aud tho 7 per cent, interest on loans. There were no terms made as to wh -1 Kimpton's commissions should be at the timo of his appointment nor until '71 or '72. Kimpton repeatedly wrote to Mr. Chamberlain and myself about fixing hit commiaaioas, and they were fina?y ;l.-.ca by the financial board addressing letters to pt rtiea v/hi-m Kimpton designated in New York as to the commissions which would be fair to bc allowed to Mr. Kimp ton for selling such bonds, and making such loans aa he (Kimpton) had effected, and on the answers made by these parties to these lottere th? financial board fixed the commissions to bo allowed him. The drafts of the letters I addressed to those parties were prepared by Kimpton and sent to tho financial board from New York and presented to me by Mr. Cham berlain, . Mr. Kimpton having, aa he stated to me, had previous interviews with these parties in New York.* At tho time the settlement was made with the financial board aud Kimpton, he (Kimpton) received a duo bill for about 9139,000 from the financial boan! as the balance of commissions due him. Thia according to our agreement, "would be divided equally between Chamberlain, Kimpton and myself, and just before phamberlain addressed his communica tion to the public in the summer of 1874, . concerning the charges made against him with reference to tho public debt and other mattera connected with Governor Scott'a administration, he promised me, by the. Side of his sick hed.iu his own house, that if I would pern.lt that letter which he had prepared: to go before the public without contradiction, und he should bo nominated and elected as Gov ernor, I should bo paid roy ?hare of the $189,000 aa expressed ir/said due bill, and.that tob at an early day. The financial board made the settle ment with the-financial agent by virtue of tho authority conferred.upon it by tho sci. of G?nerai Aasemb?y, passed in Feb ruary, 1872, known as tho "Financial Settlement Act.*'; The financial agent and the financial board all desired that .?*.n act might he passed giving the finan cial boardthe power to make tho aettle ?nent .so as to cover up tho transactions which had taken pince between them. There was sbrne"d?lnculty in getting tho bill passed. These difficulties were over come by the nee' of money among the members of the General Assembly. The moucv waa received bv drafts drawn on mo by Kimpton and accepted byrne,and the money was furnished for tho drafts by the banks in this city. Kimpton but up Blue .Ridge Railroad scrip as collat eral security. There were three drafts: One for $25,000, ono for $35,000 and -one for $12,000. -They'Were t? b? p?iiu ?? miki?faS?fi I- Vt-*-t. -? ._?--- "J,,..'' . came duo ho failed to nay them, and 1 had to pay them pereoiiall/-the two foi $85,000 and $25,000 respectively, and alsc for $2,500 on tho $12,600 draft. Gov ernor Scott paid tiie remainder of those latter drafts', bc being an endorser on it 1 obtained the collateral at the bank foi the two largo drafts, and Scott garnishee the collateral of thc other. I demurret nt first to accepting these drafts, bu finally accepted them on Klmpton'a assn ranea that Chamberlain, who wa? thar ?bacn*, '.would endorse them on bis re tam. Chamberlain endorsed only th< ?mall one. I parted with the Scrip' refer red to to reimburse ma as far as it woolc go. It did not pay mo all. The monej ratsed on these drafts wasdlabn.sed bj Kimpton, mainly amongst the member cf the Senate, to. procure the passage o tho Settlement bill, tho Validating oil and the Blue Ridge acrip bill, as pe agreement bet-sveen nlmpton and Patter wm. . It waa understood and agreed tba Patterson waa to arrange tba matter ii tho House, and secure the passage of th bills there, ?nd Kimpton in the Sonafc Fifty thousand dollars of this money wa used to purchase Senator*; tho balanc was to go to the House through Pal toraon. 1 do not know that Kimpton used an money from tho proceeds of State bond fer the passage of these bill?; build know that bo need trio proceeds of bond . belonging lo ibo State to socare the paw age of other bills nhlch he was interested io, to wit: The Sterling losn bill, the DUI to authorize the financial agent to pledge bonds for 8tate losns, the Slaking I-und bill, bill for payment interest in gold, and bill to issue bonds for the relief of the treasury. I know, also, that he paid out of tho proceeds of the sale of the State bonds tho money for a share and a half, as it was called, of Greenville and Columbia Railroad stock ; a share, In cluding assessment of $4,000 immediately payable, being $24,000. This was for Neagle, Another share was for Joe Crews, (cht.rraan of committee on rail roads tn House of Representatives,) also one-fourth share, being ?6,000, for Car doso, which, however. Kimpton subse quently took AH himself, as he did Crews', -ie sise paid for two or two aud a hail sharea for Geo. W. Waterman for Gov ernor Scott of like value. He paid for two nhares of like value for himself, and so far as I know and believe he paid for one-half share for D. H. Chamberlain, of the value of $J2,0W. I paid for one of them "myself.' It was understood by Kimpton and the financial board that the amount of these expenditures and many others should be realized' from State* bonds, and covered by the difference be tween the. actual amounts for which the bonds were sold by Kimpton, and the amount which he should report that he had sold them for. C. P. Leslie had a share paid for in the same manner, which he afterwards sold to Kimpton for $26. 000 cash. - ' Kimpton also advanced money out of the proceeds of the State bonds to assist the Greenville and. Columbia Railroad, but 1 think he held second mortgage bonds of said company as collateral secu rity for all the advances ho made for or to the road. He also advanced the Blue Ridge Railroad Company about $200,000 out of tho proceeds of tho State bonds; these advances were made by witness' advice and consentof the financial board ; $600,000 of the bonds of said company were placed in bis (Kimpton'*) bands os collateral, but be always reported that ho could not pledge them for any money, and that he never raised any money on them, nor did we ever know that ho had nlodtred them until after the passasre of the Slue Ridge scrip bill ; then, when it became necessary that we should have them to turu into the treasury. Kimpton reported that they were pledged. He also advanced out of the proceeds of State bonds, by and with the consent of the financial board, moneys used for the land commission ; also balance claimed by bim as due on the sinking fund account; also expenses of the high joint commis sion ; niuo what was known as State arms account, on tho order of Governor Scott, but without the direction of the financial board. THE TAXPAYERS* CONVENTION. Question. In anticipation of that Con vention of 1871 was there any prede termination on the part of the financial board aud agent to mislead and deceive the 'Convention in relation to the State debt? Answer. There was. Q. What was done ? A. We agreed to conceal the facta of the issue of the Conversion bonds, to make the issue of other bonds as small as possible. With this !?*-?*? w?pjr we rap rci?nted to the committao of the Tax payers' Convention that the $900,000 of bonds hud been redeemed from pledge in New York and returned here for the pur poao of vetinng, e-cd ohould be no longer considered a part of tho public debt, Q. Was i*. with a view to carrying out that purpose that a committee of the Taxpayers' Convention was invited to a conference with the State officers and en amina ti o? of the State offices? A. Ii was. t?. Where was tire conference held t A. I think in Gov. Scott's office Sub sequently a - committee examined my ofhee and the Comptroller General's office. Q~ In the conference in the Governor's office, VT Lo represented the executive de partment, ana what representations were made by him or any other persons to that committee? A. Gov. Scott, and he told them that no other bonds were outstanding except those represented by a statement there and then exhibited, which wai prepared by Chamberlain, the Attorney General, for that occasion; and, if there were any other bonds out, Gov. Scott said, he 'did not know anything about them and that ho signed none others. lust, after the conference broke up. Gov. Scott came into sty office and I upbraided him fon telling such a direct lie to that commit tee, when he knew that very soon the fact must bo made public that he had signed millions of other bonds, and th->i ?hoy were in the market. The statement referred to as prepared by Mr. Chamber laio suppressed ail information as to the Conversion bonds which bad been issued and were then out, amounting to aboul $5,000,000 or morel The statement wai prepared in my office by Chamberlain aud submitted to Scott before exhibitiot to the Taxpayers' committee. The papei was prepare*: after consultation betweer tho members of the financial board ant Kimpton and agreed upon by them. When the committee came into m] office there was no evidence there U show that any irregular Conversion bond had bcea issued. No entry was made ii my books at that time, and I bs!ie?< there was no entry at that timo of thi second issue of interest on the Publb Debt bonds, Q. Was tho Taxpayers' Convention fo which Mr. Chamberlain prepared thi false statement or the nubile debt th same convention that Mr. Chamberlaii was a member, and which he'.J^ressSi .? S-favor of honesty and reform .'.. ..ne ad ministration of the State government? A. If you mean when he asked th question, ia a speech, "Who docs nc hnc~ thr.t thc prcsc::cc -if ho..C man, puts to flight a band of robbers? Yea ! The remainder of Parker** evidence 1 directed to th? explanation of the mai of letters principally from Kimptoi Tho following is also of interest : Q. (By Mr. Meatxe.) What necessit was there for issuing bonds at all? A. None in the world, except for th purpose of fonding psst due principi and interest on the bonded debt. I wi oDDosed to the payment of interest_1 ?jld, and to the payment of any past di interest at the outset. The bills rece) able could have been retired by taxatuo I now believe, and have for years f> lioved. that tho sole purpose of Kimptc and Chamberlain in passing tbs ?act ai thorizing the issue or bonds was to mal money. I endeavored in tuo Constat tiona! convention to prevent ino oia from issuing any bonds in. excess $500,000, sud failer4 ? always egardi thc land,commission scheme,*** corra one from the first. ,? ? It was agreed between myself, vio Scott and Chamberlain and Kimpton, d ring the last two years that I was St? Trcaamer, and frequently made a v-bje of conversation bciwecu us, that, f.t soi convenient time, we would have aium coupons to'divido amounting to $50,0 each, moro or less according t? circu? sances, snd that Nearie should have share of them, and Kimpton would ? that Chamberlain got his abare,. w?aUa ?rn to distribute the share, to Scott and Ntaagta. Wo did root inquire how Kluip ton became possessed of them, but we could not doubt that he cut them off of bonds pawing through his hands, and tho financial board did not doubt it. When the final details of the division were discussed Kimpton avoided a divis ion of only $60,000 each, so, as he said, the amount might uot be large enough to attract attention, bc! sent me the cou pons and left it to wy discretion as to the precise amount that should be divided, and, as I believe, td his own discretion as co the amount hs would retain for h:iii**!f and Chamberlain. When I was sued by the Stats in 1876 for thu recover/of ?460,000 in '.oupons. the amouut it wa? charged that I had funded, Governor Scott sent me $2,000 cash to aaair*. me in defending the suit The amount was obtained from him by Neogle, whom I employed for the pur pose, and de'lvered tn me by him in per son. Scott's broth er-in-law, Mr. Water man, told me that Scott said he sent me $7,000, but I only received $2,000. I have never seen Governor Scott since. ELEGANT EPJBTXEC. The following unique papers ?ad let ters are amongst those submitted by the Commission : EXECUTIVE PBPARTMENT, ) STATE TREASURER'S OFFICE, V COLUMBIA, 8. C., May 1, 1870. j lb Hf. H. Kimpton, Etq., Financial Agent State cf South Carolina: DEAR SIB-You are hereby author ised to use ss collateral or otherwise such an amount of bonds "issued for tho relief of the treasury" as is necessary to meet any deficiency that may eaiat cn account of payments ordered by the "advisory board of the land commission. (The words "as collateral" inserted be fore signature.) ROBT. K. SCOTT, Governor South Carolina. NILES G. PARKES, Treasurer South Carolina. D. H. CHAMBERLAIN, Attorney General South Carolina. Financial Board State of South Carolina. NEW YORK, July 21,1870. Friend Parter-I wrote you yesterday in luii in regard to the terrible stringency and distrust in financial circler,. I wrote the Governor and Chamberlain aiso on the subject. The Governor should have Bent tho collaterals the day before, as there was ample time* I have had to use tho bonds in large amounts to satisfy as collaterals, and to-day I have only succeededed by using private means and at a personal sacrihee. The feeling is somewhat better to-day, but wo aro liable at any moment to be convulsed by bat tles on tho Rhino-a war which is liable to convulse all Europe and affect the finances of all civilised nations, especial ly at first. I have telegraphed the Governor and written to him also to send rae the rest of the collaterals. There ia no safety but in guarding me well with abundant col laterals. ' .1 expect to be easier in a few days. Aa soon as I get a moment offreo breath ing, I will write to the finance board in regard to my commissions. I shall fix just figures and insist upon them. Rail mad matters will come all right. Truly, H. H. KIMPTON. OFFICE OF H. H. KIMP^?T, BANKER, ) No. y NABSAU SI RKET, V NEW YOBS, January 27,1??1. 1 P, O. Box 6,84?. ?FKena! Parker--I shall send' the bills which are proposed to be passed some day this week. They are nearly ready, and mean a good deal. They have been prepared with great care. I hopo to leave also in th6 course of a week. I want you to go to your bartk; Ciro* llzz Backj'Citizcns1 Savings Bank,' Scott, Williams & Co., and raise all the money you can oe your official drafts on me as financial agent, for sixty days, and send the money to me. It will help here immediately, for it is not believed that .taxes will be paid, and no one here will then doubt it for a mo ment. Raise all you can, and pay fit it sufficient rate to get it. You can say at tho banka that you are anticipating the collection of taxes. Do thia by all means. _ Please telegraph me on receipt of thia "yea," if you can do this at any extent. If you cannot do lt telegraph "no." We must be very careful how we telegraph, for our telegrams seem to be understood here.. Wo can trust ro one here who is not interested an we a-e. They would smash us at any time, if money could be made by it. -, "Don't let any ono hero draw you. into private correspondence with thom. I trill ??plain when I see you again. I have mailed you a long letter to-day. Truly yours, H. H. KIKPTON. [Note.-Tho words above underscored are BO marked in the original.] The following has no date or other caption : My Dear Parter-Please send mo every dollar that you can sparc. . I have hard work to get along. Act promptly and send every dollar you can. Don't consent t? give up any of $600, 000 Blue Ridge bonds. Wa should hats* all of them. See Chamberlain and have my commis sions fixed ; shall not be able to visit you at presort. Walters will visit me in a lew days: will inform you of the result. 1 wish' that Harrison would leave. I fear that this market might hear of issue of Blue Ridge' bonds. Tho consequences might prove very damaging to tho State. Truly, H. H. KIMPTON. ----. An Important Act. The following Act, which has just be como a lar, makes some important. changes in duties 'of some of our public j officers. It will bs- seen that Judges of I livuulo ?nia ?icica?er s?ii ail property ordered to bo sold by Probate Court, in stead of the Sheriff: AN ACT to Repeal an Act to Alter and Amend an Act Entitled "An Act to Revise, Simplify and Abridger the Rules, Practice, Pleadings and Forms of Couria in this Sute," approved March ISth, 1672, Sod Relating to Executions. SECTION 1. Beit enacted by the Senate and House of Repesentatives of the State of South Carolina, now Ami and *!?Usg in General Assembly, and by the author? lty of the same : That an Act to alter and amend ?n Act. entitled "An Act to revise, simplify and abridge the rules, firactlce, pleadings and forms of Court? n this State," approved March 18tb, 1872, be, and the same is hereby repeal ed. ^ SixTiu.. 2. Thai on and arter ino pas* sage of this Act all sales of raaf estate or Eroperty under tho orders of Probate ourta shall be made by the Judge of Probate ; and all sates under the order of tho Court where the title is to bo made by the Clerk of the Circuit Court, such salas shall be mada by the Clerk, and all other judicial sales shall be mado by the Sbcrifis as now provide-* by law : Pro vided, Nothing herein contained shall effect the sales under executions issued out of the Court of Trial Justices, or those to barnado by Executors or Ad ministrators. Approved Fsbrnary 2nd 1870. STARTLING DISCLOSURES. . A UoeiUonable Tran ?action ?boat tb? Tax Ajnjp" Convention-Both Sides ot tho Af . Ulr. - Frvm the New ToriSun. The evidence taken in law snit, now in progress in thia city, shows how intimate ly Democrats like Senator Butler and his former friend, Gary, were concerned with the Rei ublican thieves in tho plunder of the people. The following agreement, signed by Butler and Gary, bas been pro duced as part of tho testimony r Oms OF CauaT'cttfAY, EvtiiBTT ct Go., 83 Pearl street, Now York. ' Whereas, the undersigned, being de sirous to take action to reinstate the vaiue of the bonded debt of the State of South Carolina : It is hereby agreed the undersigned agree to pay to M. C. Butler and M. W. Gary 10 per cent, of the net gains that may ariso from the purchase and sale of at least $500,000 of said State bonds, the increase to ba measured by the ad vaneo due to an endorsement-of the public meeting to be held on or about the ord day of May next, at Columbia, approving the payment in full of all the present bonded debt of the State, and agree to use their best efforts to that effect in consideration of said 10 per cent, aforesaid mentioned. NEW YORK, April 17,1871. (Signed) W. E. EVERETT, L. D. CHILDS, J. B. PALMER, (by L. D. CH.II.D8,) J. P. SOUTHERN/ * We accept tho terms of the above agreement. M. C. BUTLER, Attorney, &c. M. W. GARY, Attoruey-at-Law. The disgraceful character of this writ ing will bo apparent when it is addec that Butler and Gary were both delegate: to the Tax-Payers' Convention, whicl they proposed to influence 'to certain ac tion in the interest of a bond speculation All of tho pan.es who bribed Butter ant Gary with a promise of a share in th? grouts were holders of South Carolin: onus. Everett was a New York speen later ; Childs, Palmer aud Southern w < Eresidents of three Columbia banks. . ad been determined between the Cham berlnin ring and tho bond-holders to ap prec?ate the value of the bonds by indue rog the Tax-Payers' Convention to pas a resolution declaring the validity of th debt ; and Attorney Butler, now Senato Butler, sold in advance his official infill ence as a delegate to the Convention ii consideration of a percentage on th profit", of the job. This arrangement throws light on th following confidential letter from Cham berlain to Kimpton, financial agent i New York of the State of South Carolin! The original copy if this document, whic has never before been printed, is in ou possession : COLUMBIA, S. C., April 23, 1871. DEAR KIMPTON : Your two letters c the 20th and your official letter are r< csived, and I am delighted to kapw thi I-ou are in a safer position. The officii etter is well, and may be of us? in tb future. I will co-operate with Butler and Gai in any possible way. I have not heat of their arrival here yoi. The Governor has been to Charleatoi and fooled about with Lathers & Co., i you will see by the Neus. He said whe sc canse back that Ks wa-* 3?f"?g i?oni< diateiy to New \ erk, bat "yesterday 1 said he had postponed his visit. I rathi think Joo Crew's telegram has scan him*: I do not know what ho is doit exactly, but he went to Gary, Parket Clerk, and gave him orders to pay oat t money st efl-that he was going to ger it all to New York. Wbsi no isgoiug ? ddT can't say yet. I will'see Bu<>h ai have him do all he can. * Yours truly, D. H. CHAMBELAIN. This promise to co-operate with Butl and Gary was written six days after thi had made and signed the ag rc erne printed above. ' It ia a matter of reco that Chamberlain did co-operate with I Democratic allies. The bull resolutio were put through, the. Tax-Payers' Co vention by tho united agency of thc precious statesman, and although tho vi m bonds was loss than they had hope it was. sufficient to pay Butler and Gs a good sum in percentages. Senator'Gary'? Explanation. Senator Gary rose to a question privilege in the State Senate, and ma the following explanation of thc abb article : MR. PRESIDENT : I ask your indulger for a few moments while I avail mys of the privilege accorded mo as a merni of this honorable body of repeiii charges prisierred against me hy no; baie traducer. In the columns, of .1 New York 1\mca there recently appeal an ingenious nut mendacious and sh dcrotis attack upon the Hon. M. C. B 1er, United States. Senator from Sot Carolina, and myself. It is not my c tom to engage in newspaper controvcr nor under ordinary circumstances .wot I avail myself ol' my privilege bs a S ator to meet on this fleer accusatii made against me by correspondents the Northern press; but the article ferred to has been reproduced in National Republican, of the city of Wa ington, and systematically distribu among the members of this General. sembly by the instrumentality of its thor, or by some one equally unfrien and inaJir.irma The ?SIHS charges 7?; during the memorable campaign of If with evil intent, published in tho < umns of the Union-Herald, of Columl 8. C.', then edited by tho notorious cari bagger, J. G. Thompson, and owned ?-eater part by/-Daniel H. Chamber? hi? panar ra+m tho -cisCTr?cdrtd OT, of the Radical party of South Carol and tho mouth-piece of that con leader. The authorship 6f this sjsnder no ono then doubted, nor cc tne motive and spirit that prompted Eublication bo questioned. Tbat enchman of D. H. Chamberlain, couraged perhaps by other evil'desigi persons, ts the author of this rene attack, I am credibly informed and f believe. In '.-?ply to this malicious s der, I beg to ' make the following st .nStsv OJ ::...'."> : In the month of April, A. D. lbTl, Hon. M. C. Butler and l were in tho of New York. Shortly after our an he was retained as counsel for Mc L. D. Childs, J. P. Southern, J. B. mer, F. W. McMaatcr, of South Carol and Wm. E. Everett, of tho city of 3 York, the thtee first named contle being at that time presidents of bani the city of Columbia, S. C. On tho after employing General M. C. Bu Messrs Childs and Southern in beba themselves and others, also rc tai nc* as associate counsel. The en te rp rf? which these gentlemen were about fe gage, as we were then informed, wai purchase of a large amount of bom tho State of South Carolina, the mi value of which Was at that time depre Their parp?se in employing counsel to secure our advice in selecting thc 'of booda for investment, and to hai to represent them in or out of cou oil dealings therewith which migh ?bu???^Ur professional services. At thia j nins tao credit of tho State was greatly impaired, her booda depressed iu market, and widespread distrust lu all her securi ties prevailed among capitalists, North and South. To such an extent had fraud and corruption prevailed in tho manage ment of the finances of the State that capitalists everywhere were timid and cautious in investing in South Carolina bonds and stocks. The records of the courts of the State showed that riieso investments were to capitalists fruitful sources of litigation, ana they were not unfrequently driven, at great sacrifices, to resort to the Supreme Court to enforce their rights. Repudiation waa openly advocated and generally apprehended, and widespread dissatisfaction and (lia trust pervaded tho mind of the public. To distinguish between the valid and fraudulent debt of the Stato was next to impossible,, and as a consequence, men with funds to invest found it necessary to employ attorneys to advise and protect them in their dealings in South Carolina securities. We were, at this juncture and under these circumstances, employed by these gentlemen. At first we, as is cus tomary, demanded a retainer, but were prevailed upon to accept a contingent fee out of the net profits or the contemplated investment, should it prove successful,4 and otherwise nothing. Before employ- [ lng us, these gentlemen ascertained our views as to the true policy of the pcopln of the State touching tho question of the public debt. Thon as now we entertained and freely expressed the opinion that the valid debt of the State ought to be paid. A public declaration to this effect by the tax-payers of the State and an ascertain ment, as far as could be, of the valid and fraudulent debt of the State was de manded by her beet citizens. All felt that no efforts should be spared to dissi pate the cloud that enveloped tho condi tion of her finances, and to restore credit to the State. Several days after being retained as attorneys, General Butler and I, happening to meet Messrs. Childs, Southern and Everett upon Nassau street, the latter gentleman, whom until then 1 had never seen, was introduced to mo for the first time ; a memorandum of agree ment embodying, as Mr. Everett said, our contract of service, was presented tc us by him, and our approval and signature requested. To questions propounded by us, after a hasty examination of the paper and in explanation of its contents, Mr. Everett stated that General Butler and I, though represented as prominent citizens of South Carolina, were personally strangers to him, and that, before em barking in an enterprise of such magni tude, he would like to have some assur ance that we would not uso our influence to break down the credit of the State by advocating tbo repudiation of the public debt, but would uso our endeavors to re store to its proper value her lawful bonded dabt. Without bestowing upon the paper much thought, we assured him that we favored the payment of tho honest dsbt .of the State, were opposed on principle to repudiation, and did not object to do, j ia our professional capacity as attorneys, r what accorded fully with the views of public policy which wo entertained as citizens of the State. I referred them to the "public meeting" mentioned in tho written agreement, and informed Mr. Everett that I could not attend such a meeting in Columbia, S. C., on the third day of-May, 1871, as private business of a pressing nature required me to bo then is Arkansas. In that year Gen. Burier and I were engaged in the business of life insurance in this St .:9, and it was then Gen. Butler's purpose to become, as ho afterwards did, a resident of this city. The meeting, as we understood, referred to in the memorandum was one to be held by the cU'rona of .Columbia wit h reference to the public affairs of tho State, and possibly (but of this I have 'no dis tinct recollection) for the purpose cf ap pointing delegates to the Tax-Payers' Convention afterwards held in this city. At that time I was not in political life, and waa giving exclusive attention to my private affairs and professional business, and not only had no agency in bringing about tho meeting of this convention, but did not expect to take part in its pro ceedings. Messrs. Childs and Southern said they did not snggest the written memorandum or insist on its ex?cutiez, but Mr. Everett said ho desired Sj? as a check to any action on our part as citi zens which, by stimulating a spirit of repudiation, would render his heavy in vestments disastrous, and stated that he cared nothing about the contemplated public meeting in Columbia, and absence therefrom was a matter of in?? vTc.'Soce to him. With this explanation we signed the agreement as attorneys at law. At this time, April 17,1671, neither General Butler nor I had heeu chosen to attend the Tax-Payers' Convention, which met on the 9th of May following, nor did we attach any importance to so much of tho agreement as referred to a public meeting to be held in Columbia. Leaving New York. I proceeded curect ly to Arkansas, and having finished my business, I returned,, roaching home on the night of May 6, 1871. On the fol lowing day, which was saleday, our citi zens met and chose ns delegates ,to th? Convention Gen. M. C. Butler, Ji_s. H. Giles, O. Sheppard, Esq., Col. A. P. But ler, Gov. M. L. Bonham and myself. On the assembling of tho Convention I was nominated for President, aa was also tho Hon. W. D. Porter. I declined thc nom ination in the following words : . "I am herc'not as an aspirant for any office within the rightof this Convention, but as a representative of tho people of yA.r.ta^\A Since the results oz the war have been so disastrous to us, I must con fe I that whr-tevcr ambition ? might hiivo ; had previous to that time I bato none j now. I am, therefore, unwilling that, by ! the use of my name, the harmony of tina Convention should bc disturbed. I do j thizk th??* ?il u ?iuno ?ike ibo present, i when we are oppressed, we should present a solid front ; we should have no differ-1 once between us. Actuated by tKcss feelings, I must decline the nomination." An examination of the published pro ceedings of the Convention will snow that I introduced but three resolutions two extending the privileges of the floor to friends, and ono upon tho subject of cumulative voting. In my speech in support of that measure I took occasion to usn th? following language : "? would ask, why nave wo gathered j together from all parts of the SU?e? i Why have the wise men of the State met io council? From the fact that taxes hayo been levied by the present Legisla ture which, in our impoverished condi tion, we are unablo to pay. To say that these abuses of the government have been effected hv th? Republics.!! or Ri di cal party would be unjust, for it would be a gross misnomer to oiignify those now in poioer%y any party nonie. .They aro known by all honest men, north, south, east and west, irrespective pf party alliances, as thieves ana robbers." Now, who wore the men thia in power? R. K. Scott was Governor, D. H. Cham? bcrl?ln Attorney General, N. G. Parker Trear'irer and J..L. Neagle Comptroller Geni? al. Tn a parliamentary body I could not have used language more se? v?re. Subsequently, at Edgefield Court House, on the 12th day ot August, A. D. 1876, 1 felt at liberty to denounce XX H. Chamberlain again, face to lace in las* guage more bitter ?ad scathing. Neither in this Convention nor out of it, before nor since, did I directly or indirectly do or say anything derogatory to tho honor of South Carolina, or inimical to her wel fare or the interest of her honest tax paying citizens, I was not a member of the "committee of eleven," nor did I en deavor, in any manner, to intrude my counsels into their deliberations, or to control their action, or the action of any member of tho Convention. This com mitteo was composed of Messrs. M. C. Buller, Gabriel Cannon, W. H. Wallace, A. M. Lowry. E. J. Scott, Oadwalladcr Jones, B. W. Ball, Richard Lathers, G. A. Treoholm, W. B. Smith and T. C. Weatherley-men as pure, as honorable. intelHo'ent- und n? patrlotla es there cou!? or now can be found in the State. With the labors of this committee I had naught to do. Sly whole attention was given to tho subject referred to the committee on election and suffrage laws, of which I was chairman, and I challenge any member of the Convention, or any other man, to say that either during tho session of the Convention or before or after its meeting, I held any conference with bira, or in any manner sought to exercise influence bi reference to tho action on the matter of the public debt of the State. Out of thc "committee of cloven" was selected a sub-committee, of which tho Ron. G. A. Trcuholm was chairman the ablest financier of tho Stato-and thisBub-cornmittee were specially charged to investigate tho finances of tho Stato. Tho ability, earnestness, integrity, and patriotism of the gentlemen composing this commit fer?, and sub-committee cannot bo questioned. Their names sufficiently negative tbs Rightest suspicion that they could be influenced by corrupt men or by corrupt motives. From the labors of this "committee of eleven" came two reports upon different branches of the subject matter of investigation-the one submit ted by General M. C. Butler, upon gen eral grievances of tho State ; tho other by tho Hon. G. A. Trenholm, upon the bonded debt, both of which were ap proved and adoptod by the Convention. General Butler and I wore but two of a delegation of six from Edgefleld, and but two in a convention of delegates from twenty-six counties in the State, com ?osed of her ablest and beat citizens, 'he action of that Convention ' was en tirely in accord with our vievrs and sen timoi. - touching tho public debt and measure;, of Stato policy in general, and in fact all its proceedings were character ized by umiHual gravity, earnestness and harmony. To charge us with betraying thc true interests ot our constituoncy iu thi.t Convention, or conspiring against the welfare of the people of the State, is to lay a similar, ch argo at thc door of evory member of that body. To say that we improperly controlled or influenced their action is an insult to their intelligence and integrity, and a base slander upon them os well as upon ourselves. xnis argument, so unfairly and mali ciously paraded before tho publio, was open and free to be exhibited. About it thoro was nothing secret or designed to bo hidden. General Butler did not hesi tate to go to the city of New York, and in opeu court in tho suit befwA*n. Child: and Southern against Wm. E. Eversa, to testify to the genuineness aqd purport of this paper, and tho circumstances under which it was executed. Prior to his going to New York, it was proposed or suggested by a distinguished lawyer of this State, in a letter to General Butler, intended for our joint peruaal. that it would be bettor that tho suit should be compromised, in order to suppress this agreement. This . proposition Genoral Butler, with my hoarty concurrence, de clined, aud unhesitatingly unfolded the pspcr to thc world by uU Uttlimeuy in open court. Distorted construction to his prejudice he defied, and so do I. con scious ss we are of nothing wrong in agreeing to serve, as attorneys, gentle men of nigh character and to lend our aid by proper means to reinstate the rained credit o'f the State. From this transaction wo have never re ceived one dollar, nor, *o far aa I know, have those who invested their money in it. Thia "twice told tale" is, with deep malice, designed to impair the usefulness of Gen. Butler and myself in our respec tive publie spheres, and to injure our private characters. My warfare against public thieves and robbers has been bit ter, unrelenting, and, I am happy to say, successful, ona sach has been and ever will be my devotion to her institutions i and hor weal that neither tho voice nor the pen of tho defamer shall cause mo to falter in my course, or to swerve from my duty to tho State. For tho honor and welfare of my people I have fought, and for the redemption of my State I have straggled. She is redeemed, thank God, and stands to-day the proud peer of any State, and, so far as my heart and voice and arm have availed, and may hereafter avail, so shall she stand forever. HELL.-There are preacher? in Eng land as well as in America, now-a-days, declaring themselves disbelievers in bell. No ona nos a right to discard any part of tho Word of God. If hell does not ac tuary literally exist, then there is no heaven, and the Bible is a mero myth. It is very pleasant doctrine to some peo ?lo to discard hell and advocate heaven, 'hero would be no justice to the tipright and pure if they were placed upon sn equal footing after death with the wicked and depraved. Heaven itself would then be a hell. Tho beautiful life ot Jesus, and the immortal teachings of His apostles and followers will never be blotted from the taco of the earth' by ai i the ingenuity and skill of men. But tho true ministers of the Troth will have to .fortify themselves and combat tbe errors of infidelity that are even trying to creep in the very church of the Most High. VJiMi Uabtnjni, inuit tin lijo or.A? .Mil false teachings of mon spread over the world. Men love falsehood, it seems, better than truth. What wickedness, What blackness, .tfhat darkness, what corruption, what rotteness, what death lurks in the hearts of men who Seek to undermine the religion of Christ !-Chm monwealih. - In bolling eggs don't boil them. Put them in boiling water and set the Waaaat on ihn haarU? unr) int lt romain seven or eight minutes. This will cook the egg clear through, just as it ought to be. without hardening tbs white near tho shell. This hint is worth a ban-el of eggs, except to those wretched mortals i wno take their eggs solid, sad know rio better. - A WU before the Virginia legisla tnr? i ?qiiira? ?ii ??~cns selling cigars io take out a state license, and ba furnished with a Hoffet register. Every time the dealer sells a cigar he turns the crank of the register, and at tho end of each month he makes oath to tho number of cigars sold, and pays s tax of one cent on each' cigar sold. 7- The gubernatorial succession is, being discussed in Texas. Gov. Hub? bard, Ho?. W, W. Lang. Hon. J. Wf Tbrockmorton and Judge Devino are tho most prominent candidates, . - "Fashion sometimes . runs into sar? coom.. Thus, for instance, the heading of a marriage notice in ono of exchanges reads t 'Khea-Morse.? " THE COBDEN INVESTIGATION* Report of tho 8p*ci*l Comsalttoo Ufa. ??niuo Into the JJoviotis Transaction* of MnuchauHen Corbin. The committee appointed by a resolu-, tloo of tbe Senate ar December 19,1877, "to investigate the conduct of David Ti Corbin in his efforts to be elected to tbe United States Sennto f om this Stat? on the 12th day of December, 1676, and, if the said David; T. Corbie was guilty of bribery of members of the General Assembly in said effort," uk leave to report that, in pursuance of the direction of the Senate, tho committee commenced their work during the recess. The com?) mitteo Bent Mr. Corbin a summons and also vu Invitation to bo present and give his ono testimony before tho committee,' but denlined to send him written Inter rogatories on the points to which the in vestigation of the committee extended In pursuance of bia "?quest. He declined, to attend, and sent to the committee certain printed statements published by himself. The letters and printed matter accompany this report and were submit ted as a part thereof, so that Mr. Corbin nay have the benefit of them. Amo^? o.ber things, Mr. Corbin says: "When Judge li. B. Car non ter enjoin ed,tho State Treasurer ana the Carolina National Bank from paying out th'j funds of tho Stato according to law, and thc wheels of tho government thus stopped, * * * * floaned about twenty thou ?and dollars to F. L. Cardoso, State Treas urer, to meet the immediate expenses of the State Government." Mr. Corbin also saya in tho same printed statement niter nd nutting that he had hold a laroo sum of money-$28,000-collected ln~a suit against a phosphate* company, "I sub mitted my account to the Comptroller Gene?' d, and the same was credited and. allowed by him, and I was authorised by bim to retain the amount out of. the funds in my bands, collected in the above phosphate suit." The amounts re ferred to wero claimed for fees in this phosphate Suit and ia p. certain suit against the Savannah aud Charleston Railroad Company. It will bo seen hereafter how much bf thia statement ia confirmed by tho state ments of other witnesses, ana by the rc-, cords in the office of the Comptroller General and tho State Treasurer. Th6 last letter of the Comptroller Gen eral of which a copy can be found in tbe office in reference to thia aubject, is a letter of Comptroller General T. 0. Dunn, of 6th July, 1876, directed to Messrs. Corbin & Stone, of which firm David T. Corbin waa a member. In this letter Mr. Bunn says : "I cannot deem it otherwise than my official duty to insist that yon pay over to the State Treasurer all of the moneys collected by you from the South Carolina Phosphate Company, except the 62} per cent, of the $5,684 ; a.td as from your letter of the 17th ult,, you decline to do so for reasons therein stated, I shall feel obliged to appeal tc tho courts on behalf of the State." It appears from a letter on Ble of 3rd June, 1876, from Comptroller General Dunn to Corbin & Stone that the amounts collected by them from thc Phosphate Companv were $fi.9R4. &nrj $22,019; to* a' $25.000, and that tho sam admitted to bo due to Corbin & Stone was only 62} per cent, of $5,984, and $325.50 lor expenses, mat ug a total Ol $4,065.50, thus leaving in tue bands o! Corbin & Stone $25,934.60, claimed tobt the property of the Stt.-'c. If any con sent was ever given by Comptroller Gen eral Duna for-this money to bo retainer there is no record left in the office o any auch transaction, and it could onl* have been by some private arrangement which formed a part of shs r an thai formed to rob the State of Ker rights and impose on the people a governmcs not of their choice by using tnisTund fo corrupt sad unlawful purposes. A letter to the present Treasurer, 8,?, Leaphart, from Corbin & Stone, c June 4,1877, covers a check for $208.0 as the total balance duo the State ont c the $28,000 collected. It may be ns wo! to state that the Attorney General som time before tho appointment of this com mlttee bad been instructed to commend suit to recover the money thu* imnropbi ly withheld from the State by Corbin ? Stone, and that Comptroller Geneff Hogood bas been obliged "to appeal t the Courts on behalf of the State/' It is scarcely necessary, to state thc what is called the election ot' David 'J Corbin to the United Statt?...Senate wi made in the hall of tho House of Repn aentatlves by certain Senators of Bout Carolina, and by a body known as tl Mackey Hou&o, claiming to be the cons? tutional Houso of Representatives, v?hi the trite constitutional body, as held 1 the supreme judicial tribunal of tl State, was assembled uu?er the Speak? ship of Hon. W. H. Wallace in the Ca olina Hall, in the city of Columbi while tho Mackey House, under tho pr toctioo of the United States solm?i held possession of the State House. The attention of tho committee h ;bccn especially directed to ascertain any And what means were used to infl Ince those who participated in the pi tended election. In opposition to the statement of ? Corbin above referred to, the tate Trei urer, F. L. Cardoso, states , in his ? aminatlon before the committee, tb ho borrowed from Mr. Corbin tho mon to pay the members of the Senate a the Mackey House; "that he did pay the members of the.Mackey House,a tho Republican Senators;" that it 7 "an individual loan:" "that ha did i pay out the money as Treasurer,*'a "made no entry, on the booka of ' 1 I Treasurer's office, but took up the r certificates of tho members who w< I paid ;" "that he turned over the cert j pates to Mr. Corbin/' "that, as Mr. O biu'a Bgvcv, uo auuBtxjttt>u?iy nisuo effort, to get the parties to:refund.I amounts paid them, bot with very lil success, and that David T. Corbin n holds these certificates as his Individ property, and bas made an effort to t ploy distinguished counsel to press payment of them by the State. He i states that the money was furuisl some week or ten days before, but paid to bim until three br four d after tbe pretended election, that it \ SO? mu ?iiiCi?l tr??T??i?mi, noa iba was no secret ; that he expected to I row the money, though no does not member that he told the source fi which it was to come. In reference to the last ' statemeni F. L. Cardoso, C. S. MinorV a mem of the Mackey House, beatifies-I um stood him (Cardozo)'io tay that Coi wouid lend him the money on the cor catos. G. H. Holland, a member of Mackey House, testifies-We had a < eua and Mr. Cardoso spoke ; someb brought up the pay. matter and Card said ?f wo would hurry up and elect < bin ho would get us $200 of our.sala and thinks Mr. Corbin WM in the cat during the whole time, arid ta pool he waa there ?hen Mr. Cardoso m tho ?talement in his speech, statement mado tho members more i for Mr. Corbin. 8. J, Keith, a member of the Mac House, testifi?i~rTbat in voting for Corbin we would bo ab!? to obtain e SOM m&atts?ripu wm Mt fr? raiur??I, Uttlc** tk* We sw fast r?r>oia?;M? icr th? rio?? nd opinion* of oyrcorrMpoodtu; All coram?ilttsUoBk tb&?ia Stf *44 r?*d '??"SA* lWInt<l?mm?fVtpd ?M ??wit?. d? ru-, J-WJ, orden, A?., ehotfd t^au^d?^j^y^^"-^ . . .-, .-' '.!;;, Aodsfwn,8.'c. .?? ? ? .- ? i- -1 m., -", Say; that through Mr. Coibm bo (Car ozo) could get money to pay &e met?-, hers $200 of their ?alar?, and it was alto urged by c imbers of hia frion?l?; Faay posit.te.y, ? . my oath, that it was gcn& raily unde._.->k>d among the jnombers that if Mr. Corbin wao elected wefwnuM get some roonc}y^-$20pcRchof ourea'.ary, and if be wan not elected we would not get any money Ht all; and Mr,' Cardo?o ats6 urged, in my interview with bim, that that , WAS .the only source from which he could, get any money-th?reAtaa none in the treasury. I would have votod for any other candidate under the esme cir cumstances. I was pretty bard np and I did i.e.; care W'JO the candidate was if I got $200. That idea P (footed the whole or m. , E. R. Bardeen, acting at the time as Deputy United States Marshrij testi fies-That he1 was ? friend of Corbin's, and electionecrd for him, and tbst it was well known thai if Afr. Corbin meeketed he would aid the Treasurer to raise the money to pay off tho member? of the General Assembly $200 on their salary. I got my 'nfonnatton from the Treasu rer. J used that as an inducement for thom .to vote for Mr. Corbin ; also that he bad no conversation with Corbin about it, but got bis information from the Treasurer. P. VV. Jefferson, member of the Mack ay Houw, testifies-I have no doubt that tue faut that Mr. Corbin was going to loan .the .money was the reason of his ?lection ; don't think he-cu?d have been elected without it ; I think he wai rather weak ss a candidate1 until then ; think Mr. Corbin's friends became very much more zealous after they knew they -os!d he paid if be was elected; don't remember to have seen Corbin but twice before tho election of Senator-both times in cau cus meetings. E. W. M. Mackey, Speaker of thc Mackey House, testifies-That it wao generally believed that unless Mr. Cor bin furnished the money there was no other way of paying the members at tb nt time; I recollect having heard at tho time, though I cannot now recall tho source bf my information, that Mr. Cor bin held money belonging to the State to the amount , of $20,000 derived from some phosphate company, which money, were ho elected United States Senator, ho would pay over tb the State Treasurer, Mr. Cardozo, but if be were not elected, he would retain possession of the rooney until the whole thing was settled. Mont ' of the members were in very indigent circumstances, many of thom being with out a dollar, and but for the fact th at they were informed that the only way to obtain their pay was to elect Mr, Corbin as Senator, I do not believe Mr. Corbin would have been elected, si he wea not the most popular candidate. C. C. Bowen testifies-Tho under tanding with all tho members of the LogiBlafcire, Corbin and Cardozo, with reference to the election of Co-bhi tc tho United States Senate, Was, that If ho (Corbin) ehould be elected, tho mem bers of the Legislature were to receive $200 each : sad if tho elect ion ehould not result In his favor, th ero w*?u?d bo no money to pay any hue. ' It was spoken of by ft!! part?sc ?or ? vrr*ei. S??U perhaps longer, i prior to that. Corbin weald not h&Yo received one-tenth part of thc vovrn he did bad it not been for that an nouncement. I regard the matter as A bribe, and So charactered it before and siter the election. Cardoso was very industrious as the friend of Cor bin, and stated to tho inem?>ere that unless they voted for Corbin, in ey would not get any money. There is no doubt that if it bad not been for that money Corbin would not . have been sleety to tb? pss&fou of.VsAmm*m Senator. Chamberlain also atatod that Corbin would furnish the money if elected. Corbin was , constantly. p-msent when tho assurance? were-beinp? made ly his friends, and I sm certain that he (Corbin) know all about it. Mr. Corbin having stated that ho fur nished the money to ' F. L. Cardoso ns Treasurer, and tho latter baring testified before the committee that in paying it out ho acted as the'agent of Mr. Corbin, the committee, in such an investigation aa this, deemed lt legitimate to prove the u?cm?stlous eud acts of Cardozo in reference to tho wholo mattor. Tho co?mltc?e do not seo bow tho stats ments can be reconciled on say theory creditable to tho parties. Many of the witnesses examined ?co not seem to have, "known anything ex cept that tho money was paid to them Ss members over the counter of the ??'ate Treasurer, F. L. Cardira, pro fii sedly and to all apaearancsa ss a& ijf? cisJaci, and thus they may have been kept in tho dark as to the true nature of the transaction. - Ibspprnrs to the committee that tho following facta are ; estiblishedr . That at tho timo of the pretended election for United States Senior, on 12th December, 1876, in which David T. Corbin claims to lisve ' bc?u ?lectcd, be held in control, as a member of the firm bf Corbin AStono.$2%G?i?O, collected for the State, snd tuen, snd now, claimed as the property of th? State. That tK?'said David T/OJrbio/Titd vanced about that sum to purchase' the pay certificates of tho Republican Sena tors nnd members of the Mackay House -which, pay certificates he thou 1 transferred to himsolf and still bolds as bis own property. . That subsequently, he paid over a small amount of $206.00 to the, present Treas urer-claiming trie balance of the fund on some pretext as ? debt due him'bv tba Bute-leaving nothing on file-in the Treasurer's or ComplroBer's offices to r show in what manner he could properly appropriate to his own uso so largo a tram of money belonging to tho State. That this promise to purchaso pay cc rt i "Cot ci ot por ~u?ch rToro "?rorthiCas .M the market and utterly without any legal validity operated as n gr?a*- Inducement to many member? of the Mackey Honan to vote for Corbin, os they were id Co lumbia without money and in obocum stances of great. need. That David T. Corbin di? know that thia money was used for this purpose, and that -this was done by bis contriv ance, and in accordance wita his wishes. Tho committee have corns tothe con ???si?? inui if ino ?ici? bo as they Bp* pear to tho committee, thon there wss such a gratuity on the part of David T. Corbin to certsin person? who were duly elected member? of the Lcftlilaturp, though pot tbeE sliting in rt legal as tiinbly, given to influence their votes in ibo matter of the election of United {Slates..Senator to. come before them? as to constitute a very grave offense against tho statutes WT thic State, end against public policy ?nd good morals. Your twmmitteo, therefore, recom mend that all the evidence taicn by the committee be turned over io tho Attor ney General, with instructions to in stitute such civil or criminal proceedings against said David T. Corbin, or both, ?a in his judgment tho circunuAancea war rant, to secure the rights of the 8isto and v.*?d?cate tho supremacy of the l*w. Tho testimony taken and tbs let tors abd statements ?f Mr: Corbin ar*fcore srith ftlerL Bsspw-trplly submitted, .TA MIX. N. I.ii*i?<v Cbaim&S? t':'