University of South Carolina Libraries
The People's Money-Continued. your demies ctn keep you poor, they w^ll always ha\ j the advantage of you, and even? tually brlL'g you again Imo subjection. What I mean by getting rich in-get pemething ahead-keep adding little by little every day ind every year, and with your dailv wants supplied, and a little surplus, you are rich and Independent; and to be Independent ls to be rich. I repeat lt, you ought to be thankful and rejoice that you have men in the Republican party who possess some wealth. THE REPUBLICAN" PARTY A NECESSITY. The Republican pan y ls as much a necessity to-day as lt was In 18G0 or 1865, or at any lime In the history of the nation. If the Republi? can party falls now, you have lost your liber? ties, at least for a while, perhaps lorever. I speak not only to colored men, but to the mul? titudes of white men who had no political or social status before the war; and they were the great majority of white men In the State. These poor white men and their families were systematically oppressed and dishonored. Every obstacle to meir prosperity, and lo the education of their children, was strown in their way. They bad no rights which the rich man was bound to respect, or did respect. By oppressive and unjust laws they were made Ineligible to office, and could have no share In the government. With the success ot the Republican party, their rights have been secured for ihe flrsc time In their history. Now they go to the Legislature, and help make the laws. Now, by their votes, they can raise and appropriate means for the education and elevation of their children. Now they can and do hold offices throughout the State, and stand men among the bf BI of men. The Repu bi loan party has secured all this. Only the Republican party can or will perpetuate these principles of liberty, equal rights and justice to all men. Itf mission ls pot completed. Its work is but just be? gun. It will continue to be a prime necessity till all dangers are past, and so long as its principles are menaced by a powerful and un? scrupulous loe. There are no slaves now, and nojjoor white man may be trampled upon by the rieb, but the men still live who held the colored race in slavery, and who crushed the poor white man beneath their feet; and their boast ls that they have not changed, and we know their opposition to tbe Republican party j is as malignant and violent as ever. They come to you with honied words and fair promises, but the men who would force the poor white man Into the Ku-Klux Klan, and leave him to be punished In bis hoar of trou-1 ble, and the men wno would see colored men murdered because they were Republicans, would pot the black man in slavery If they I bad a chance, and oppress the poor white man aa ol old, if they had the power. "The spirit ls willing," but they lack the opportunity. If the Republican partv, then. Is a "national necessity," as Hon. Henry Wilson says, lt ls infinitely more av State necessity, so far as I Sonto. Carolina is concerned.' It Is a necessity not only for the black race, but for the white race as well. Then let no man be swayed or misled bv their specious promises, or by their abuse of I Republicans. They are determined to abuse and slander Republicans. It ls their object to make ns ont the worst set of men on the face of the earth, and wlu n they cannot find fault justly, they do not scruple to Invent the most infamous falsehoods. I have made some J money, and they curs ; me for that; il I were poor they would condemn me for that, and say that a man rho could not. take care of his own money was unfit to manage the finances I of the State, and I think they would then be far nearer right than they are now. Then let them hold their peace till I am proven j guilty. That is a universally recognized prln cl pal of law and morals. STATE FINANCES. -:. I will now dismiss tblB part ot the subject, and take up'the State finances. I have neces-1 sarlly dwelt at length u non the matters which I have passed over, and I trust the time has not been misspent. Some things I deemed it I necessary to say-scarcely less than I bave saki would seem to suffice. In a review of the State d nance?, I respect- I fully ask your attention to my statements, I and, to my views relative thereto. I will at once take occasion to state tbat tbe plan which bas been pursued has never met my ap probation. I had, at the outset, certain clear-1 ly defined views upon the subject, but they were not in accord with those ol his Excellen cy the Governor nor tb? legislative depart? ment. By reference to the proceedings of the Con- I stltuUonal Convention, p. 362, lt will be seen that then, when I was chairman of the ?nance committee, which reported the article I of the constitution upon finance and taxation,11 reported in favor of restricting the right ol the j State to increase Its debt by the Issue of bonds, almost to prohibition. I will observe that, at the time, I bad hopes and aspirations for the office of State treasurer; but I did all In I my power to try and prohibit the State from increasing its debt. I will also add, that,! nearly every section which I reported, If not every one, passed almost unanimously, except the one referring to the Issue of bonds. By . reference to the proceedings ol the Cu ns tl tu-1 tiona! Convention, pags 362, it will be seen that I reported In favo.-of i ret riding the'In-I crease or the public debt to $500,000. I was overruled then, and also when the Le-1 gialatnre of 1868 proposed the issue of bonds, under the restrictions of tho constitution, I I waa opposed to lt: but to no purpose. The I Legislature passed the law, and I had nothing to do but 'to obey its mandates. I am In no I wise responsible for the passage o? aoy law authorizing the issue of bonds. When, how-1 over, tbe law or laws were passed, I had no alternative but to obey them. Taxes were al? ways insufficient and Inadequate to meet the demands of the government, and, without an adequate tax levy, there was no means of ob? taining money, except by tbe Issue of bonds. Consequently I gave my sanction, and did my part lalthfully and promptly. And, uider the circumstances, I have no regret for the per f?rmanos of my duty in the maintenance of the State government. ISSUE OF BONOS. The State government had to be maintained. By no consent of mine should lt be overthrown or Imperilled while there was authority In the statutes to raise money, even though I dlaap proved of the method. I yielded my consent, I therefore, to what seemed a necessity, and, with the Governor and secretary ot State, I Issued bonds to meet the demands upon the treasury. In all that lssne ol bonds, bowever, I I distinctly and conscientiously declare that' 11 had no other motive in view than to sustain the State government. No private considera-. Hon actuated me for a single Instant, and no part or gain ever cime to me In consequence of ir, I say this without lear of proof to the contrary, and In defiance of. successful contra diction. It ls here prrv3r to state another fact not generally considered by those who burl their wholesale denunciations at me. Besides being placed under a heavy bond for the faithful accounting o? my official trust, and j having my office all hedged about with man-1 datory statutes, my powers were still further limited and circumscribed by the establish? ment, by the Legislature, oi a financial board with supervisory powers. It was one of tbe dulles of this board to appoint a financial I agent for the State, to be located at New York. The board appointed as such agent Mr. H. H. Simpton, and, by the provisions of the law, all the bonds Issued, or that could be issued, were placed In this agent's hands for negotia? tions or hypothecation, as the law and the I financial board should direct. I might ap fro ve or disapprove of the action of the board; had but one vote In it-I might advise, but I I had. no power to control the financial agent. 'Ii, therefore, there Is any condemnation due I in the lssne cf bonds and the increase of the State debt, lt cannot be laid at my door. Let the responsibility rest with those who made the laws, not those appointed to execute them. In this whole bond business my duties were clerical and ministerial. They were signed by the Governor, by the treasurer, and sealed by the secretary of State; then they | passed out of my bands, and I r-tcelved back such amounts lor them as the financial agent could sell or hypothecate them for. PAY AS YOU GO. AB I said before, I had certain well-defined ideas upon the subject of finance and taxation. If I could have baa my way, I should have levied a tax upon the State sufficient to have met all expenses. I always advocated such a course; T was perfectly satisfied that the State Government would be more economical, if it depended upon taxation alone, than it would ii lt resorted to borrowing. Like many or most persons, If they bave a fixed sum to live upon, they manage to Uve upon it; but if they resort to borrowing they will, most likely, be? come hopelessly Involved. Thus, the course which I held from the very outset to be the only wise one to pursue, has been the very last to be adopted. Every Legislature, from 1868 to 1872, together with the Governor, bas opposed it,and opposed lt successfully. I mean the levying of sufficient rate of taxation to meet all the expenses of tb^State Government, incluc'ing Interest on tire public debt They did it, perhaps, from the best of motives. I Impugn no man's motives. I only state the facts. In 1868 there was a State tax of 7+ mills on (he dollar for all purposes; In 1869, 6 mills; In j 1870, 9 milla: and, la 1871, 7 milis?, mab aggregate oi28j millB, In four years, i purposes. There was no specific tax-as 2 mil school purposes, or 3 mills for payment .v. J es t on public debt-but one levy eac for all purposes, or, in the language ol tl "io meet appropriations for all purposes annual average tax ot 7J mills was al could be relied upon frc m taxation, which to pay the State expenses. A amounting in fouryears (if all collected) 700,000, or an annual sum of $1,175,000. estimate is based upon the valuation of 000,000 ol property, which Is In ex. ess < real amount some $5,000,000, in conseq of i he abatements made by the State au aud the numerous tracts of land which been entered upon the tax duplicates twl Now, I will not-attempt to prove tho Siute Government could not have been : tained upuu $1,175,000 annually, bad the 1 lature so decided. That will not enter the discussion. The Legislature, by Ks decided that it should cost a good deal I cess of this amount. But these figures are to be modified b tact that only about two-thirds ot the levied during the past lour years have collected, or an annual amount of $87 wherewith to meet all demands upon treasury, a sum utter.y Inadequate to mee annual appropriations. I only cite tbe facts relative to taxation expenses during the past four years to ; how Inadequately the Legislatures bave vided by taxation to meet the appropriai which they made. An empty ireaoury n< another prool of it. The collection for tixeB for the pr? year received Into the treasury, between I6th of November and the 15th of Jam the period In which thev are due, was $ 320 21, Irom which $319,784 55 were paid t appropriations due the previous year. The balance was paid to the Genural Ast biy, public prlntlog accounts, and other i dental expenses during the period of lte ceipt into the treasury; so by the time General Assembly adjourned the ei amount bad been exhausted; exhausted be the general appropriations had been m The school appropriation of $300,000 was made until the day before adjournment, e alf other general appropriations. LICK NS il LAW. To meet tbe exigencies of the summer cense law was passed near the close of session, from which many believed ibe S would get a large revenue, but the income entirely Inadequate to meet the wants o? State during this summer. It was cati un by som?, wno knew nothing whatever at it that lt would yield $500,000 annually, w the result ot one quarter's collection pro that it will scarcely yield $1*0.000 per y< One quarter of the fiscal year naviug expi before the law was passed, leaven only thi quarters to be collected during thc year. I have showu you that we have expen more annually than we bave received fr taxes, and that. In my opinion, lt was a gi evil. I have stated that I was always oppo to the plan, but my views have not been In cordance with those ?vho made .the laws. THE TAX LEVr. I now refer to the act making a levy taxes for the ensuing year, as more in ace dance with my views, viz : A specific tax school purposes of two mill?, and six mills all other purposes, except Interest ou put debt and redemption of revenue bond set for both ol which a definite amount ls fix? Tnlslsaslt should be, with the exception Legislative expenses. I would have a sped tax for that purpose, and keep the expen tures within the amount collected, then t system would be as nearly perfect as lt cot be made. But as lt Is, lt is a great lmproi ment on the past method. Thus the two ml assessed for school purposes, ll collected clot ly, will furnish $300,000, which cannot diverted. We are tbus approaching perte Hon in our system, and with laithful, coi petent officers In each county, we can rc assured tbal the financial difficulties now si: rounding us will not be repeated. MORE DEFINITE APPROPRIATIONS. In reference lottie matter of appropriation my Idea has always been that they should I fixed by law. Just so much and no more li each and every purpose annually. I bellen future legislators will agree with me upc this point. Wmle the amount should be dehned, the a] propriation should be ample for the specific purpose, and specific taxed sufficient In umout io meet the payments should be levied. Whe this ls done we shall have a successlul govert ment, one that will be respected at borne an abroad. Nothing less than this will accon plish so desirable a result. AMOUNTS RECEIVED PROM BONDS. It appears that the sam of $9,000,000 of bond has been added to the State deot ta lour yean While the face value ol the increase Is $9,000 000, the eum realized from the sales of th es bonds has only been about $3,450,000, reveal lng the fact that the average price obtaine tor the bonds has been about thirty-six cent on the dollar. The cause of such depressioi of tbe bonds Is graphically and trulhlully de scribed by tbe Hon. R. B. Elliott, in a speed made In Congress, May 30th, 1672. SUCCESS OF DEMOCRATIC EFFORTS TO INJURI OUR FINANCES. Alter commenting upon the report of t in treasurer lor the fiscal year ending October 31 1871, la which he defended the issue of bonds he went ou io say: "If lt required the sale of a greatei amount or bunda than is customary In otbei Stales to realize theee amounts, tbr responst blUty must rest upon the Board of Trade ant Cbamber oi Commerce of the City of Charles too, united with other influential combina Hons who, acting under tne bellet that to de stroy the credit of tbe Slate was a sure mean; ot destroying the political party in power, stigmatized, la advance, tbe bonds of the State as worthless, and declared tbat as soo? as the Democracy Bhould regain the political control ot the State they would repudiate every dollar of debt contracted subsequent to the adoption of the new State Constitution. Pretending to represent the people ol South Carolina, they boldly proclaimed their wicked and unholy purpose to sacrifice the honor ol the State. Thia wicked determination to de? stroy the financial credit aud to depreciate the securities of the Stat e was recklessly put inex?cution almost simultaneously with the advent of the Republican party into power, and before it could have rendered Itself, by any act of Its own, obnoxious to tbe charges of corruption or Improvidence. "THE CHARLESTON DAILY NEWS, the leading Democratic organ of South Carolina, on the 17th of July, 1868, but ten days after the new State Government went into operation, boldly proclaimed the purpose of Its parly In the lot lowing' language: " 'BAYONET BONDS.-It would, doubtless, be a very comfortable tblng ir ihe debt of the State could be paid, or the interest funded, uulll the people, under a legitimate govern? ment, are able to meet their public obliga? tions. But this cannot be done by ihe motley Legislature now in session lu Columbia, nor can they, by the issue of 'bayonet' bonds, pro? vide, as proposed, for tne deficit in the annual r?venue of ihe State. "'The Legislature will, of course, bleed freely everv property-holder In South Caro? lina, and, as long as they usurp the machinery of the law, may compel the payment of taxa? tion. Negro legislators, negro sheriffs ana negro constables may distrain, and there the scheme of financial white-washing will come to a premature ead. " 'Beyond this they cannot go. Vhat capi? talist would touch 'bayonet' bonds Issued by our bogus Legislature. Would New York or Boston touch these bonds issued by autborlty of a horde of negroes, and lo the face oi tbe protest ot the white people of the State ? Would not our Northern brethren 4 er to walt until after November ? " 'The State debt of South Carolina-the debt now existing-will be paid to the last cent, whatever the General Assembly may do, but no 'bayonet' bond, lor whatever reason ?ssued, will ever be recognized by the white people ef the State.' "Under date of December 1, 1869, referring to the act of the Legislature providing for the payment of the interest of the debt in specie, the same paper says: " 'We can pay our debt as lt stands. The question is, whether one year more ol Radical rule will not so largely swell the total lhat the people will, at the first opportunity, shuffle off tbe weight of care and repudiate every dollar ot debt contracted alter the war. * * * " 'Had the Governor advised that the war debt be paid-a debt contracted for the ad? vancement o? a cauBe in which our peoDle em? barked fortune, life and honor-an attentive ear and willing heart would have met the pro? posal, and the whole subject would have been considered with kindly ?Dd generous care. r * " 'Every merchant or financier does see, or will see, that the whole scheme is a job and a swindle. Beyond ibis, there is the certainty that the law of specie payments will assured? ly be repealed as soon as property-holders and honest men have a majority in the councils of the State. This majority we Bhail have in less than a year.' "Bach was the language o? this influential exponent o? the Democracy of Sooth Carolina, repeated with equal force by the press of the Slate, and commended to the peoole by priest and politician. Does any one wonder at the stringency ot our finances ? Let elm turn bis eyes io tbe fruits borne by the incendiary and revolutionary utterances of these Democratic leaders-the political allies of the gentlemen on the other tide-these men who so loudly proclaim their honest concero lor the interest of the Slate, and his wonderment will cease. "Does be inquire whether or not these wild threats had me effect ot accomplishing the object sought ? Let the history ot our securi? ties in Wall street; let the hardships en? countered in raising our annual revenue and in obtaining loans to meet onr liabilities; let the rapid decline of our bonds from a market value ot eighty-five and ninety per cent, to twenty-five and thirty per cent, answer the Inquiry. Does he ask whether i he threat con? veyed In these words, 'this majority we shall have In less than a year,' bas ever been put In execution ? Let the hundreds of new-made graves lo which lie tbe bones of the victims of midnight assassination; let the lacerated backs of men and women; let the women wbose persons have been violated by the fiendish emissaries of Democratic malice; let the dark annals of the Ku-Klux dens, which have so foully disgraced the history of Christian America, as unfolded by the confes? sions ot many ot their misguided tools, and confirmed by tbe heart-rending recital of cruelties endured by many of the victims themselves, furnish the true and conclusive reply. "That It required $9,614,000 lu bonds to raise $3,200^000 in money can certainly be a surprise to no one wbo ls In any manner ac? quainted with the terrible ordeal through which tne Republican administration of South Caro? lina has been lorced to pass. That the Legis? lature o? South Carolina could not even as? sume to affix a market value to tbe bonds of the State can easily be accounted for by the bold and reckless threats of the Democracy-by the bitter denunciations burled at the heads of the legally constituted officers of the State, through the public press, on the hustings, and even lu the pulpit, by the infatuated advo? cates of the Democratic party of the South. The surpliced clergyman, commissioned to preach the doctrine of tbe new Evangel: 'Peace on earth and good will toward men,' stained and pol lated as a man his surplice as as a priest. Instead of preaching peace he sowed discord. '.The political leader?, Instead of evincing a spirit of amity toward their fellow-cltlzens Instead of lending their statesmanship and their Influence toward retrieving the shattered fortunes of the State-advised resistance to tbe State Government, and threatened open opposition to the Federal authority. They fired the hearts of their fanatic followers, and thus sacrificed tbe lives of hundreds of Inoffen? sive citizens to satisfy the demoniac demands of the blind votaries of a bel Usn Democracy. "Had the Democratic party of Sooth Caroli? na evinced a desire to advance the prosperity of the State, to maintain her credit in the financial world, to develop her resources, and to make her 'waste places blossom as tbe rose,' I know lhat the Republican party, forgetting all political differences, would cheerfully have lem IIB every effort to the accomplishment ol snell a laudable and beneficent undertaking. "Instead of forming combinations, having for their object the crippling ot tbe finances of the State, me driving away of capital irom our borders, and the hindering of our commercial advancement-bad they listened to the exhor? tation of the people with whom 1 am Identifi? ed-the asperities of the past would have been forgotten, and to-day the blessings of peace and amity would pervade our entire Stale." WHAT DEMOCRATIC MALICE HAS COST THE STATS. It will thus be seen that while tbe debt of the State appears to be about $15,000,000, or aa Increase ot a little less iban $9,000,000 la lour years, nearly $6,000,000 of the increase arose from the depreciation In the value of State bonds, leaving $3,400,000 to be accounted lor, and lt is accounted for as follows: Paid on account of lands.$ 700,000 Redemption of bills receivable. 600,000 For the past due interest In 1S69. 700,000 For all other purposes.. 700,000 Total.$2,GOO,000 The last Item was the floating debr, con trccled be/oie the present State Goverument went into power. The only portion of the above which is chargeable lo the present ad? ministration la $700.000, wnich was paid lor lauds, lor which ihe Stute has got the value In them, and should measures be taken to sell these lands In accordance with the law to set? tlers, an amount can be realized sufficient to reimburse the State for the outlay. Add the (700,000 to $800,000, and we dud that tbe real lucrease of debt tor which the Slate has had tho benefit in lour years ls $1.500,000-less than $400,000 a year-a sum not largely in ex? cess of the amount annually withheld by non? payment o? taxes. There are not wanting those who denounce the administration as corrupt and extrava? gant, and declare-ihe same to be a failure. Those In our own party, as well as ont, would do belter to study minutely Into the financial affairs before they presume lo criticise or con? demn lt. I boldly and unequivocally deny that our State Government has been a failure, notwithstanding the large increase of debt. I bold lt te have been an unqualified success In everything save the matter of debt. The ad? vantages gained by it are far in excess of the disadvantages Incurred by the Increase of debt. DEMOCRATIC RULE. Graot that the debt has been increased 59 000,000, who can say that lt would not have beul, quite as largely Increased under Demo? cratic rule ? Who doubts that tho millions of war debt would have been adde'i lo the bur? dens of the people had the State been in the hands ot the Rebel Democracy, and you would' have been taxed to meei the Interest on it, and eventually to pay lt ? Should the same Democracy succeed lu getting Into power this year, there ls no fear of their repudiation of the State debt already contracted-none what? ever; they will add $5,000,000 to it within two years, and while they might lessen the tax on real estate, they would put lt on the colored laborer and the mercbaut. Tarn back to 1865, when the Black Code was passed, and see' what tbey did then. Believe you that the spirit widcii existed then has died oat ? Not a bit of it. At least I do not believe it, if you do. I see evidence, dally, to convince me to the contrary. THE REPUBLICANS FOUND AN EMPTT TREASURY. Let mose who say that the Republicen party has been a lallure here, take a broader view ol lt, and then ask themselves the ques? tion : Wnat was the condition of the treasury In 1868, when the present administration came into power ? There was not a dollar in the treasury. The old bonds of the Suite were worth no more ou a dollar than tbe new ones are to-day. No interest had been paid on the public debt for years. The State had neither money nor credit tben, and no worse can be said of lt now. If lc ls ruined now, lt was ruined then. But lt ls not ruined. It ls to be regretted that the debt Is so large, but lt cannot be helped; all there is to do aboutit is to pay it; it won't ruin the State lo pay it; It must pay it. BETTER TIMES COMING. The last General Assembly has made ample provision by law to pay the Interest on the debt, and have money enough to pay the ex? penses of the government. All that remains to convince the world ihat ibe Republican party of South Carolina ls not a failure, is to raise, by taxation, a revenue sufficient to meet a liberal expenditure for tbe govern? ment, and pay the interest on ihe debt. Who, In all our great Republican party, would re? linquish the blessings and privileges which they have enjoyed In the past fonr years for the sake of putting the debt back to six or seven million dollars ? RETROSPECT. Look back, count the privileges enjoyed during the last four years, and contrast ihem wm those years of humiliation and oppression wu.ch preceded them, and then say ti the Re? publican party Is a lallure. Turn back to 1865, and examine Into the actB of the Legislature of that period. A more barbarous law never die graced the Statut? books of any State or coun? try In the world than that black code, passed by the first Legislature ihat met I? this State after the close of ihe war. Even arter the United States al dished sla? very, the Democratic party tried to re-estab? lish lt; not in name, but in substance. This was the meaning and Intent of that inlamous black code, which will alwayB remain a black spot on the escutcheon o? the Democratic par? ty. That law was passed by the Democratic Legislature lo December, 1865. And what were Its provisions ? I can only reler you to a lew passages; but these will show you Its spirit and purpose. I quote section 70, ot an act entitled "An act to establish and regulate the domestic rela? tion o? persons of color," Ac, approved De? cember 21, 1865. .s"No person of color shall pursue or prac? tice the art, trade or business ot an artisan, mechanic or shopkeeper, or any other trade, emplovment or business, (besides that ot hus? bandry, or that o? a servant under a contract for services or labor,) on his own account, and for his own benefit, or In partnership with a white person, or as agent or servant o? any person until he shall have obtained a license therefor from the Judge bf the District, Court; which license shall be good ic year only. This license the judge may upon petition of the applicant/and upon satisfied of his skill and fitness, and < good moral character, and upon paymi the applicant to the clerk o? tie District of one hundred dollars; If a shopkeep pedler, to be paid annually; aid ten do. a mecoanlc, artisan or to engige in any trade, also to be paid annually: Proi however, That upoo complaint being and proved to the district judie of an ab: such license, he shall revoke ihe same: provided, also, That no person of color practice any mechanical art br trade t he shows that be has served an appre ship la such trade or art, or ia no w pracl such trade or art." j This ls a specimen. The lar in ever lion bore with crushing weliht on the ' man. He had no more prlvleges undei law than under slavery. It pu him, wit family, in the entire and absoute contr his '-master," as in slavery ames. It c I bis employer "master" all through, and i I the position of the colored mai that of vant" by law. It prescribed the hours i be should retire at night and lee in the n lng. Every house servant must pron answer the bell, be very civil fo his "ma and the members of his famllr, and lo gu and obey all orders without tomplalnt, < dragged before the district ridge and fenced to as many lashes, as t|la august 1 ttonary might decide. Beside, every col man must pay his tax of tea dollars 01 hundred dollars, BS the case might be. object and effect of these outrageous exaci were to prevent colored peopufjom enga in any except the most menial employmc Think of a man having to pay i tax of Len lars for the privilege of makin; a tin wbl or driving the foreplane, or minding a s Or If, like onr friend, Richard Young, he sired to peddle fish through tie city, he t pay the State ten dollars, because he wi colored man, while a white nan might rr tin horns, or peddle fish, or keip a store, o anything else witbont paying my license. Many of yon remember abott these dis courts. The Judges had themost arblt power. If a colored man waned a liceos work as a carpenter or tailor, >r to peddle set up a little store, and a while man said, objected; he wanted thatnlgi?r to work him," that settled the matter. The cole man was denied and turned over to the w man lor bis profit. Was this freedom? ' lt for this your "best friends" \') thought bad been emancipated ? Conirtet all this \ your position in this Stale to-lay. Now are Iree Indeed. You belong to yoursel1 Not only can you go and come al pleasure, you are full citizens. Now yon vote and t office, and have schools and all (the civil political rights of the white ?ce. Did Democracy . give you any oflhese ibinj Did they desire you to have any these rights and privileges? By means. They opposed them all wlih most malignant and bitter hitred at ev step. They have reviled the colored peo and persecuted them and the white Unlonl of the State with the moat relentless ?nimos: from the hour the Republican party was ganlzed in their mldit. To accomplish y overthrow and final resnbjeclloo, lo place j again under their heel, and drive your wt friends from the soil of Sooth Carolina, tl have murdered hundreds and outraged tho ands of your people, and perjured their so before high heaven to escape the punlshm due to their crimes. Yes, every page of Dei eratic history in this State ls stained with : blackest crimes against humanity, and agal beaven. Systematic oppression, s s sterne robbery, systematic murder aod perjury-t has been the fearful record of the Democre party BB an organisation. Think you that the spirit which pervad those men has. to any great exienr, chane or died out? You Know lt has not Chai upon ihe Republican party ol the State that has been a failure it you will, but let me I yon. when you see ll defeated at the polis, j will wake up to a realization ol what lt I dono for you. It ls sn easy matter, and seems quite popular among a certain class, denonnce the administration, aod to call t or that member of the Slate Government thief; but, fallow-citizens, it IB not tbe way correct evils which exist. Hard names a false accusations, and loud denunciations t not facts nor arguments. Critical, unblac examination will ascertain the evils that exl and a cool Judgment will point the way of form. Remember, the ory of "stop thiel" most Irequenily raised by the thiel hlmBi whose oastardly cowardice fears delectli and leads him to call off. attention-Aeon hi self by vociferous obarges against some lni cent or unsuspecting victim. DEMOCRATIC TACTICS. Of course the Democracy are, In their ot opinion, all honest and honorable men. r.ear their sell adulations one would take th? to be saints or angels direct from heaven, w could not be templed of evil, and In whom w no taint ol sin. But they do not tell you their long and persistent efforts to break do\ your Republican State Government, to desir its finances and ruin its credit. They do n inform yon In detail as to the history, wor Inge and objects of their Democratic orgai zatlon-the Ku-Klux Klan. They do notspei of the hundreds of Republican victims, wi sleep in martyr gravee, slain by Democrat hands. They do not tell you of the thousan of Republicans, who, until they are called obey the last dread summooB ol the King Terrors, will carry tho scars Of wounds I fllcted on their quivering flesh by the coward hell-hounds of this same Democratic part They can manufacture the Hackest falsehooi against Republican officials, and repeat the to you wim ever Increasing fervor, to pw udlce your minds and poison your hear against those who stood (he shock of bau tor yonr deliverance, and who now, with soa of your own rac, stand goard on the watcl towers of your liberty, but they do not tell ye that they had planned for the overibrow i your liberties and my liberties by the savng atrocities of violence and raarder. "We wai but one more year to compete the subjectlo of the State to Democratic mle," was the sij nlficant idea which went ihe round of th Democratic press two years agc. And but fe the strong hand of President Grant, aud th prompt action of your Republican lrlendi long ere this they would have executed thel bloody threat. For what were they arme and equipped? For what were they bound b solemn oaths into a criminal aid treasonabl conspiracy ? Was lt to preserve the l?bente of the people or lo destroy Hem ? Was lt t elevate the colored man, or to crush bim an the rights and liberties secured ID him by tb Republican party? Now, these are the mei fellow-citizens, who are. and have beei calumniating our Republican 3 ta te Govert ment. I want you to know Hem and thel character, and their purpose. Ask your ow hearts If they shall be returned to power wit their hands and garments all covered with tb blood of slain and dying BepuQlcans ? Sha the unproved chargea of unfaithfulness I office, made by snch men, welglln your mind against their deeds of violence und murder Look on your wives and your Hile ones, grow log up nuder the sweet Influencie of your new lound liberty, and tell me. No' you have no trusted these men in the pat, you will no trust them tn the future, unleia they chang and become ihe sincere frlendaand advocate of universal liberty and right. But when th leopard can change his spots, md the Ethic pian his skin, then will we loot for justice t the black man and the poor wtite man troc the Democratic parly. They want you to vot for them, and promise that Wien they ar once again in power there will bi a new era o good feeling and of peace. Yes. but it will b ihe peace o? death; the knell of lberty in tbi fair State will be Bounded by lie voice tba proclaims lhat party triumphant at the ballot box. Then, indeed, would th( lion and th lamb He down together-but tte lamb wouli be inside the lion. REsrONSIBrrjTT WHERE IT ?ELONG 3. I have thus endeavored, my friends, to glv< an expression to my feelings aid views, am au account of my official stewfrdship, at thi Important Juncture of Dubllc Iffalrs. What ever responsibility belongs to ne I am read; to assume. What belongs to ofaers shall no be laid to my charge. The law ?bat ls good li the church is good In politic^- "Let ever; man bear hla own burdens." AS TO THE FUTURE. AB to the future. I do not setnyself up as i candidate superior to all others: but if the pee pie of the State believe that I can serve th party to advantage and the ptbllc interests that my past experience will be ol service ii conducting the nnanciul interese ot the Stale and I am asked io continue rn; labors In thi department ot the public servite, 1 shall no feel at liberty to decliue. But whuever the pee pie may decide, whoever they nay call to th Iront la this Important crisis, vhen the moa vital and fundamental questions are at Usu? and the tate of Republican principles am the whole fruits of the war are trembling i the balance, he must be a true and thoroug Bepubliean. Every man whose soul ls Ure with the lofty principles of JuBtice and of rlgh must stand with the Bepubliean party. Th party whose record adorns the brightest pag 1 of American history. The party which faa made freedom an accomplished tact; that ha established Justice on ber sure foundation that sheds the light of Intelligence over th , whole land. The party that Koowa no dlstlnc lion on account of color, or riches, or' nation allty, or creed. The party whose platform la so broad that all fair-minded men may stand upon It, and whose principles are so right and Just that their uninterrupted sway will be the ush? ering in ofthat universal peace and good will which shall crown the civilizations of the dis? tant future. Every victory, therefore, for the Republican party lsastep towards this looked for consummation. In the national conflit with the patriot soldier, Grant, and the patriot statesman, Wilson, at the head of our columns, we shall be successful against all the the com? bined hosts of evil which the enemy can brine against us; and in this State we hardly need a campaign for an overwhelming victory td perch upon our banners. In fact, the unin? tended compliment of our complete success as an administration Is paid to us by the opposi? tion in their despair of carrying the coming election IQ this State. Theyhave no bold on the confidence of the people. They deserve none. Died of Ku-Kiuxlam ls the epitaph ol the repudiated Democratic party of tnls state. Standing, then, upon the gorlous founda? tion of Just and right principles, and with a wise and honest administration, the Republi? can party in South Carolina will abed its benefi? cent influences, and maintain Its peaceful supremacy, for a generation yet to come. insurant*. -<n a *? >vrj JJ CB fl! - s * S? a % I a g ej .fl ? <a2 ? B: W , 5S 2> g ? ? ol O) na " ra SS !T S O ; gs .3 1 da g o; : ff ? ? I *1 ? a : sa <s > ft m O'S fl, "O J o a ? ? ai i slags ??5 ?I S o. j 3|fl gu ef 5 |z I I fl ?M " *I &? Ul O : *o2 os ?ai S'S BB y t? a** w3 x s s & z . KS S' issues ?K???d LU h- s, *?^32 g?a?S Ina < < Z3 >, S c a a ET a. 3 sf* I *S5 ? 15 ill i ?P < as BO. g gca_ ? -I SS5 SS S?K ^2, H 5-a -as -3 2 ? <ru aa a > F a d? a <p (LTlolrjmg, tailoring, #c. BARGAM?ST~~~ IN CLOTHING! MENKE & MULLEH, CLOTHIERS, NO. 325 KING STREET, THREE DOORS BELOW LIBERTY STREET, Kespectfully announce to their friends and the public that they have marked down their entire Stock of Fine CLOTHING- and FURNISHING GOODS to actual New York cost, preparatory to removal? on the first of September next, into their NEW BUILDING-, IT THE CORNER OP KING AND WENTWORTH STREET j. . THE PRESENT STOCK MUST BE CLOSED OUT. AND THEY SOLICIT A CALL AND AN EXAMINATION OF THEIR GOODS AND PRICE8. aproarnos ?Draga ana ?Uditineo. FIRST-CLASS MEDAL ALF. LABARRAQUE ANO Co QUINIUM LABARRAQUE Approved by the Imperial Academy of Medicine The Qainiam Labarraqae is an eminently tonic and febrifuge Wine, destined to replace all the other preparations of Peruvian Bark. The Bark Wines usually employed inme dicine are prepared from Barks which vary considerably in the degree to which they possess the desired properties. Besides, owing to the manner in which they are pre? pared, these Wines contain scarcely more than the traces of active principles, and these always in variable proportions. The Qu ?ci um {.abarraque, approved by the Academy of Medicine, constitutes, on the contrary, a m?decine of determined compo? sition, rich in active principles, and on wich Physicians and Patients can always rely. The Quinium Labarraqae is prescribed with great success for persons of weak con tilution, or for those debilitated by various exhausting causes or past sickness; for youths fatigued by too rapid growth; for young girls whoso development takes place with difficulty; for women in childbirth; and for aged poisons culeeblcd by years or illness. lt is thc best preservative against Fevers. In cases of Chlorosis, Anemia, orGreensik ncss, tliis Wine is a powerful auxiliary of Ute ferruginous preparations. In conjunction, Cor example, with VALLIE'S PILLS, the rapidi? ty of its action is really marvellous. Tepcl in Paru, L. FREUE, 49, rae Jacob. ! Agents In Oharieston: DO WIE, MOISE J L * DAVIS, Wholesale Druggists. J DO NOT STOBM THE SYSTEM, WHES disordered, with violent cathartics thai rack and tear and weaken the unfortunate Inva ltd, thereby assisting the comp'a nt, whatever 1 may be, to prostrate tbe vitality wbich ls tin n it G ra! antagonist of disease. Tone the stomach relieve the bowels, regulate the liver, and refresl the nerves with Tarrant'! Effervescent Seltzer Aperient when the first symptoms ot illness are experi enced. A more deilgntfnl effervescent draught i not to hefoand among our thirst-quench ID g sum mer beverages, and a more potent remedy fo dyspepsia, biliousness, constipation, nervou headache, colic and general debility does no exist, sold by all druggists, Juiy24-M gtrg (Sorjos, jgt. nirS^ GOODS AT LOW PBIOES! In order to losare untformTtjrss well tut LOW j I PBIOES, the aa bs criber bega to give" aouco that ! bis STORE WILL BE CLOSED M0NDAY,~2&*i^ I instant, when a further careful R?DUCTION" OF PRICES will be made, and the Stock ready for I sale the day-following. , CHAS. KERRISON, July20-6 NO> 252 K|NQ STREET. DRY G?0 D S AT GREATLY REDUCED PRICES. Tbe subscriber takes this opportunity to an? nounce his intention or giving np the DRY GOODS BUSINESS, and will sell off the Stock of Goods at GREATLY REDUOEO PRICES, FOB GASH ONLY. A rare opportunity la now offered to parchase all kinds of DBY GOODS AT VEBY LOW PBIOES. The Stock ls now being MARKED DOWN, and win be sold off as rapidly as possible.. -A. R. STJJ^LlVLfVNi No. 281 KING STREET, Fourth Door Below Wentworth street. July20>mtuths4 Cigare, Soaauo, Stt. EMPEROR WILLIAM WHOLESALE AND BETAIL MANUFACTURING CIGAR AND TOBACCO HOUSE, So. 310 KING STREET, THREE DOORS SOUTH OF SOCIETY STREET. CIGARS AND TOBACCO of all kinds. PIPES of every quality. Call aad examine stock before baying else where. WILLIAM SCHRODER, Proprietor. N. B.-The Wheel of Fortune constantly on hind. * invest? cents and try your luck. mcii7-oc*wiyr STEFFESS^^ERNEB St DOCKER WILL SELL7T^. DAY, -BEFORE .their stores, Vend ne Range, at O.o'clook, 60 rubs Goe?en BUTTER _, 26 Arkins Goshen Batter 10 kegs Choice Family Batter, 26 pound* eaoh : 36 tubs Lard ; <'? '. 50 kegs sal Soda 30 bbls. Pig Hams, Shoulders and Stripe 6 bbls Tender Loin? - . . 8 boxes Smoked Loins 5 haas. Br. Smoked Shoulders. ? ; joly?? ?^ByLAUREY, ALEX ANDES ct COt , \Tlnr^?jfiK srjGAE-C?BED STRIPS, 11 TJHa^BELLIES, *C. THIS DAT, 30th ma taaTTMit be Soil itt front ol oor Siore, at half-past 9 o'clock, . ^" 2000 lbs. H. T. S. O. STRIPS, small J 2000 lbs. N. Y. S. C. D. s. Eelllea, ?mall 1000 lbs. N. Y. S. 0. D. S. Loins Just received per steamer. 1 AND 8000 lbs. No. 2 BACON. Conditions cash._Joly80 By HENRY CORIA & CO. CHOICE SUGAR-CURED HAMS. THIS DAT, at0 o'clock, we will aelL io ??ces sugar-Onred HAMS 1000 Prlaa^tanriderav^. Conditions cash._ jnlyao JJy wa. McKAY. SALE CONTINUED. Will sett THIS DAY, at his Store, No. 46 Wentworth street, at io o'clock precisely, The BALANCE OF STOCK remaining orar from yesterday'seale. 1&A?fp02 Also, on account ofwhom lt may concern, ' 22 pieces BLACK BaTlNET, slightly damaged. . Terms cash._ -.Jalya* " TinthonttXB' ftrirjt?t Salee, Ut BJBINBTCC^LITCO. ? AT PBIYATE SALE. . 10 boxes Choice New York Pig Breakfast" STRIPS l"l.<f.. io hhdB. Qood Baltimore Shoulden.9tr. ' AND 20 tierces Choice S.O. HAMS. julyso-i Sanction gak0-""^cttt? Sfl?Bml By W. Y..LEITCH & B, % BRESS, ^ Auctioneers. DESIRABLE RESIDENCE IN CHAPEL STKEET. --.'I .tsiiacuft!. Will be Bold on THURLO AY, August 1st, at tho Old postomce, at ll o'clock, _?? - - 'A That Two and * Had otory WOODEN Ssw-1 . DEN CP, No. 16 Cliapei street, containing 'our square and two attic RobtBs^prtto J**gXl'?E> Dressing Rooms, On the premise* ara Eitufien and all necessary outbuildings and Cistern, --rr.; Lot measures in Iront on Chapel street 42 nate menes, and on the back Une 40- feet, In deptn on one line 102 feet, and on the other -1H feet,TBoi?. or lesa. . ...>.. 'itick Terms-One-half cash; balance Lu ona, two, three and fonr years, with In terest, psy&ale semi? annual ly, with bond, secured br.mortgage or tue property and insurance. Parcaaser topay ta^rw papers and stamps._ jnlj2T<rat3i8 By CrRUBBS A WJLLLL4?S,*S Heal Est*lo Agtnti and AuCtl^??r?. rTIEUSTEES' SALE OF THE RICHMOND 1 AND YORK BJVEB RAILROAD. \~?V Ky virtue of two deeds Of trust from the Rich? mond and York River Railroad Com pauy to thu late Wm. H. Ms orar?an d and the, undersigned, dated respectively the stn or september, nw, andrea Ut oi January, 186?, tba undersigned, Burvlvlng trustees, wUL on WEDNESDAY, the men day o? August/ 1872, at 12 M., at the auction roems^ Me?ars/ Grubbs & Williams, Richmond, Vlrglcia, sell by Puolic Auction, ' , UJ?L.'? The WHOLE LINKUP RAILWAY of tho jedd Company from the City or Richmond to Weet Point, together with the Franchi*e? of the sal? Company, and the Equlpmenta,. RoWag Swckv Machine Shops, Depots, Water 8 uanna, ?oe? ned, Machinery, Tolls, Er.wmente, ..?di^ev?rT other right,, interest or. eau? conveyed, by thp wlQ be CASH sufficient to par au me costa of , ex? ecuting t?e trusts of said deed*, and to par.tfce. interest on the bonds outstanding nader toe deed or 1869 aforesaid, estimated at about $86,000, and then a credit tm'll the lat Of January, WT, ts to ?48 ooo, wltb Interest, from the Ht cf Jalj.lS?,. at the rate of 8 per cent per annum, payable semi-annually, and then Cash sutnclent to pay tue interest due OB the bonds o? the first-olas* under the deed of 1866 aroresald, estimated at about $62,000, and a credit until the lat or Janu? ary, 188? aa to 8800,000, wltb tmerew at the rave or 8 per cent, per annum from the-lat o? July, - 1873, payable semi annually, and then Oath?nf noient to pat the interest due on the bondi ??ne second classTunder the vxartg&ge of 18M aXorOj sold, ostiooatod at about $166,000, and tuSH .> credit tintu 1st or January, 1877, as to airw.ooc, with interest from the lac of July, 1873, st the rate of 7 per coot, per annum, payable semi-an? nually, and then a credit un tu the let of January, 1800, as to the residue of soon parctiase money, with interest at the rate of e per cent, per an? num. As to so much of the purchase money aa may be applicable to the bonos, secured by th? deeds of trust aforesaid, the purchaser ?hau give his bonds corresponding with the suis outstand? ing bond*, and as to the residue of auca-purchat* money, the purchaser shall give his bond or bonds, as may be determined upon after the san; the purchaser's bonds to be Moored by dead or wost on the property and rraoohlaes sold. . capitalists will take notice that the eflact of* sale and conveyance'by the undersigned witt ?. to extinguish the Company aforesaid" s^ matt the purchaser a body corporate. For f^her par tlctuars, apply to Messieurs PAGE A- MAURY, Coonaellora at IAW, Bichnmnd. Vtw? W. H. MAURY,. .. .iL J. PROSSER TABB?; ' . Surviving Trait?es, ja- Sale conducted by Mesara. G?tUBBS * WILLIAMS, Auctioneers. - ? ? ? NOTICE TO BONDHOLDERS. '?,j??, Holders of the Mortgage Bonds aioresaiawtll report at once to Messrs. PAGE A.MAURY, Rich mond, va., the number of Bonds bald by them, the deed of trast by whloh they are secured, tbs amount or each Bond, and the amount of In tere? doe. Holders cf Detached Coupons will reposta? above R. H. MAURY,. - ,."., . J. PROSSER TAt?B, . Wj jun s r surviving Trastee?,... 0i)irt0 arto ^nmiflrjmg ?codfl. SBASONABIiB GOODS. -... ? ENGLISH AND B ALB RIGG AN HALF HOSE. GAUZE, MERINO, SILK AND TE3??D mmmmn AND DRAWERS Elegant Suspenders. WINDSOR SCARFS, BOWS A TIM. DRESS SHIRTS, COLLARS AND CUFFS PAPER OTLLA*o; TN GREAT VARIETY, WITH THE LATEST PRODUCTIONS OF ELEGANT NECK-WJ2AB, AT EXTREMELY LOW PRICES. ,v. SCOTT'S STAR SHIRT EMPORIUM, MEETING STREET, I OPPOSITE THE MARKET HAI*. nnvis TAY COOKE, MCCULLOCH * OO;. No. 41 LOMBABDSTREET, LONDON;, ? CABLE TRANSFERS. JIBCULAB LETTERS RNR TOA FELLERS, AVAILABLE IN ALL PARTS 1 OF THE WORLD. JAY COOKE * CO., Na 20 WALL STREET. may2S-x