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meat of the interest due on them from the day they were issued, because Par? ker had no means of knowing that Kimp? ton had not sold them as soon as they were received by him; and if that had been the case, and ho had not mado al? lowance for this interest by charging only from '69, there would bavo been a deficiency. Tho interest for 1871 is $506,000, and Dunn wants to add in a .nice little slice of $18,000; but then ho wants to out off $48,000 for tho noxt year. Parker omitted in 1870 to chargo inter? est for bonds for the payment of tho pub? lic debt; ho did not omit it on $300,000, but on $800,000 of bonds which amounts, ;to $48,000; this was a clcur omis? sion by Parker; now there were two .issuos of these bonds for the payment of .interest on tho public debt?the first of $1,000,0UU showed on their face their purpose, which was a bold admission of the State's inability to pay the interest on its debt, and it was decided to recall these and put out another million with this admission left off; this was done, but Kimpton only roturnod $500,000 of tho first issue; thus 1,600,000 wero out; ' why interest was charged on only $800, ?000, counsel don't know; but that was - certainly not against Parker in this caso; but soon after this the bubble burst, tho vail of all these sales was rent in tho midst, and tho enormous public ? debt of $15,0000,000 was thuB disclosed. .Dunn says that the Land Commission * bonds were not sold until October 31, 1871; you must have smiled, gentlemen, when you heard this; you know that tho -Land Commission commenced to buy <up lands and to scatter their money -everywhere as soon as tho Commission was oreated; bonds were issued for the purpose of raising money to buy lands with; Dunn says they wore not sold until 1871, because he finds bonds in tho ?hands of creditors in 1872; Kimpton ex? plained why this was; he said that in .pledging bonds, whon they wero taken up, tho same bonds pledged were not .always returned, but others of the samo ?State issne were put in their stead; the -mot that Kimpton had these bonds in .1872 is .no evidence that they had not ?boen previously sold; they were either -sold or had been hypothecated and be -come forfeited, and came back to Kimp ion in lieu of other bonds which he had pledged; Kimpton said that some < bonds were pledged, redeemed and . pledged again; Parker did charge inte? rest on the Land Commission bonds and it was a proper charge; he could not . -have provided for the interest on theso Si .bonds otherwise than by charging inte ..-rest on them from the date of their ?issuing from the treasury; because Kimp? ton did not furnish him with the datos of the sales, it does not alter the case that thoy were pledged as collaterals in 3.874; the report does not Bay thoy wero .pledged; Parker's report of tho indebt? edness of tho State, made in October, 1871, was the first the State received sinco ?reconstruction; Walker verified this re fort, and Jones only differs from it 300; he called attention to the caro with which the report had been made out; it was nece?snry, in October, 1872, -to reporr all bonds then outstanding; -there were $6,188,000 of conversion ?bonds; Parker charges interest on them . only baok to July, 1671; ho did not .know why Parker only charged six months interest on them, but supposed it was because of information he had on the subject; Dunn says that none were sold prior to October 31, 1871; in Par? ker's report, in 1871, there were then outstanding $3,776,000 of conversion .bonds under hypothecation; Kiinpton's report for tho same year says there were over $4,000,000 of South Carolina bonds then on hand; did that mean that they were hypothecated or not? Qronting that $3,776,000 were not then sold, where were the rest? Scott's testimony shows that these conversion bonds were used for all sorts of purposes; although these bonds were not issued for the purpose of rais? ing money, the Legislature turns right . around and gives Kimpton authority to use any South Carolina bonds for this purpose; some did not trust to Kimpton's sales of the conversion bonds, and to be safe, had these conversion bonds re-con? verted at the treasury in Columbia; nearly $4,000,000 of conversion bonds, which had been hypothecated for $1,000,000 loan, wero forfeited and sold, and the -State got $1,000,000 for $4,000,000 of bonds; in 1872, of the $9,000,000 of con? version bonds which had gone into Kimpton's hands, there remained only $1,000,000; now, wero the coupons cut off prior to,their hypothecation? counsel said that there was no rule on this subject,, -and the jury, without any ovidence, could not say that they were; he said there was a good reason why tho coupons belonging to hypothecated bonds should not bo detached, and a reason why they shonld not be cut off; are not bonds with two or throe years' accrued interest on -them, a more valuable collateral than bonds with only one year's interest on them? Of course. Then the .reason they should not be cut off as not only that it would lessen their value as a collateral, but the cou? pons would have to be put in a separate package and placed away securely. When the crash came in 1871, bonds hypothe? cated were sold here with all the coupons on.thorn; when bonds wero Bold in the fall of 1871, it was propor that tho ac? crued interest coupons should be cut off before the sale; but Parker knew that, according to the rule of the New York Stock Exchange, the State was liable for coupons, although dead when forfeited, after the State had ceased to pay interest; if he had wunted to cook the books, why not oharge interest back to the date they were issued? He then referred to the fortunate recklessness of Gen? eral Taylor, who always fought whenever he met the enemy, and meeting him' in Mexioo, when the odds were fearfully against him, went to bat? tle, won, and in conaeqnenoe was eleoted President, while the accomplished Scott, who conquered a bloodless peaoe, the! mou who fought by strategy and not by bloodshed, never beoamo President at all; ho said somo men were fortunate and others unfortunate; that wo applaud the success of tho fortunato and frown on the failures of tho unfortunate, when really the judgment exercised by tho latter was as conscientious as that of tho former, but unluckily not so accurate or correct; and this was tho caso with tho Financial Boards they saw tho ruin that was fast coming upon the State, yet they kept all theso damaging facts to them? selves, in tho hopo that, by so doing, tho credit of tho State might not bo yet more impaired, and that in somo way money might bo raised to pay tho fow millions wo nad borrowed and redeem tho many million dollars of bonds which were pledged for their payment; prior to Oc? tober 21, 1871, the Financial Hoard had ovory reason to koop from tho world tho true magnitude of tho Stato debt, and, consequently, it would be expected that if thoro was to be any cooking at all, Parker would undcr-stato instead of over? stating the interest on tho public debt; why would Parker make out tho interest at a higher figure than it really stood at? They make a great deal out of tho fact that tho interest was payable in gold; but suppose tho bonds wero hypothe? cated, tho holders of them wero getting their interest on the money loaned and had no cause to bring out the coupons on theso hypothecated bonds; but when tho Stato stopped paying interest, they brought out their coupons and raised money on thorn by selling them into other hands, whioli now present them for payment; tho law will not warrant tho presumption that they were stolen, if any other reasonable theory can account for them; but thoy resort to another shift; there wero two issues of $1,000,000 each for tho payment of interest on the public debt; tho last issue was to bo substituted for tho first; now, if tho bust issue was to take tho place of tho first, and tho first had tho coupons attached to them, it is only reasonable to supposo that the coupons were not cut off the last issue; but they say, whoro are thoy? although wo arc not sued on them. Tan pan says some were cut off; but no one says that $511,000 of them were cut off; if there is anybody in the world who is interested in shifting tho responsibility of this transaction from his own shoul? ders to those of Parker's, it is Kimpton, and he Bays, with the rope around his neck, so to speak, that on tho greater part, of tho bonds sent to mo, tho cou Eons were not cut off; now, in order to ring their caso down to $450,000, tho plaintiff's counsel havo to assume that all these coupons wero out off before they were sent to Kimpton, when Kimpton says that tho coupons were on the greater number of bonds sent to him; but wo want no assumption; wo will have no guessing in this case. Now we will say that Parker cut off $79,200 of coupons, whioh aro in his boxes, accounted for; that Kimpton cut off $432,000 of coupons, and we will put to tho account of the State $1,161,168 of coupons; but thoy say that somo of the State's portion is in? valid; that somo aro bluo, when they ought to be red; that somo aro irregular, when thoy should bo regular; but at this period, 1871 and 1872, there was no dis? tinction between theso rod and bluo bonds, and whatever difference that may have previously existed, had been re? moved at that time by tho Act of the Legislature, which declared the bluo as valid as tho rod; tho State was made aware of theso alleged irregularities, and yet the Legislature declares one class to bo as good and lawful as the other; the Legislature of 1874 repudiated these blue bonds, but this lino of distinction was not marked out until after the cou? pons had been paid, and when thoy wero paid, thoy were as valid as any others; if thoy say that theso $528,000 of coupons are invalid and were never paid, then Kimpton, instead of sending Parker $500,000 of coupons, should havo sent him $900,000 of coupons; if there was fraud, it was with Kimpton, net with Parker; Parker's boxes are acknowledged to be all right, and they say that theso invalid coupons, which thoy allege wero substituted for good ones taken out, were found in Kimpton's boxes; Parker canceled all the coupons he cut off; Kimpton says ho paid the interest on the public debt as long as the State gavo him money to pay it with, and if he paid for these blue cou? pons, or substituted dead for good cou? pons, the fraud is with him, not with Parker; Kimpton and Parker both say that no distinction was made in paying the bluo and the red. Their next shift is to provo that Parker had coupons in 1873, but 'they cannot connect theso coupons with any that were ever in the treasury; he then called attention to tho tenderness and care with which admis? sions in conversation aro to bo taken by the jury; then thero wero two construc? tions which could bo put on Ladd's tes? timony, and that most in favor of the theory of innocence, tho jury was bound to accept as tho true one; Col. Ition had insisted that the jury could not beliovo Ladd's testimony as regards to the divi? sion of tho $450,000 coupons among Kimpton, Chamberlain and Scott, and us thoy could not recoivo it as to threo of tboso parties, thoy could not roceivo it as to Neagle, tho fourth; now counsel said that if they could not receive it as to four, they could not recoivo it as to Par? ker, tbo fifth; and if they could not be? lieve bis testimony as to the division, they could not bohevo it as to anything he had said; they couldnotroceivea part and reject a part, just to please tho plaintiff's thoories; now thoy nave pro? duced no other proof to Bhow that theso coupons wero ever in tho treasury, and have wholly failed to provo that they wore; tho case is mixed and you cannot understand it; tho plaintiff mixed it by dragging in these outside issues, and for that very reason your verdict should be for the defendant Now, having failed to prove that those coupons were ever in the treasury, how can they go on with the case? 2d. Thoy assume that they have proved that theso coupons wore in the treasury, and proceed to Erove that they are now gone. Now, by add's testimony, he Ban! that Parker had marked off the names of tho bonds to whioh the coupons he had belonged, and according to the marks Ladd says were made by Parker, he had coupons belonging to the Blue Bidge, tho State Capitol and tho Orr bonds; now, Owens, thoy say, funded tho coupons which Parker had in his possession?ho funded $280,000 of coupons, but he only funded $31,145 coupons of the Blue Ridge, State Capitol and tho Orr bonds all put to gother; now, where is tho balanco to mako up the amount they say Parker ab Btraoted from the treasury? llut they say that Ljidd did not fund all; who did, then? thoy have failed to show you, anil having lulled to connect any more of these coupons with Parker* the jury' cannot by any possibility give the plain? tiff a verdict for more than one-half of $31,145. Ho then explained Parker's letter to Ladd and hinted that Ladd had preserved it for the purpose of using it against Parker; he said that neither Par? ker's conversation with Ladd nor his lct tor-to him should be taken by the jury in tho light that Parker meant to convey to Ladd the impression that the coupons he had in his possession had been stolen, because there was nothing in either to warrant that belief; he said that at every stage of tho plaintiff's caso tho jury was asked to assurao something; on the very threshold, they wero asked to assume that whatever Parker had was stolen; now, tho law will not allow assumptions of guilt where innocence can reasonably be assumed; and if thoy can reasonably assume that any coupons were rightfully outstanding, if there is anything that will enable them to assume this, it is their duty to do bo, because tho law favors assumptions and presumptions when reason able in favor of innocence; ho then accounted for Parker's desire for concealment in tho letter to Ladd, on the ground that Parker had fought the funding scheme, and Cardozo had fa? thered it, and that Scott had a judg? ment against Parker, which, if pressed before tho coupons were funded, would cause a great sacrifice of them; any reasonable assumption that a man is not a scoundrel and a rascal, is what the law favors, and there aro many that aro reasonable, that amply account for Par? ker's having coupons in 1874. As to the third proposition, viz: had Parker taken the coupons? ho said that Kimpton had an equal chance, and a motivo that Par? ker did not have, viz: that the Stato owod him $30,000. As tho Stato had utterly failed to prove that tho coupons were ever in tho treasury, or wero over ab? stracted therefrom, ho did not think it necessary to say anything more on this subject, and his condition forbade it also. He then roplied to each of the Expositions Col. Rion had claimed he ad proved, and had published to tho world as proved in tho Union-Herald. Ho likened thoso things that he could not now clear up to tho mystery which was solved by the faithful woman in Wilkio Collins' "Law and tho Lady," and said that time and tho development of what was yet unknown and hidden, would make all things right The Court then adjourned until 0 A. M., Monday. The Passes Tbxaxj - Attouney-Gene n.vn Melton's Speech?The Judue's Chauge.?The Court met yesterday, at 0 A. M. Judge Melton," for the prosecu? tion, said: In his opening address, ho asked un? divided attention not only because of j tho importance but its intricacy; and now he can't go further without remark? ing upon the conduct of the jury during the two weeks of torrid heat; it has been said that you are poor whites and ne? groes, and that tho case should have been referred to a board of skilled ac? countants; the jury's conduct has been unexceptional, and has shown that they are competent; he had occasion to rcfor to the political aspect of the caso in order that prejudice might be laid aside and the caso dignified; two of opposite counsel havo taken him to task about it; in '05, the people wero prostrate, white peoplo stripped and tho colored igno? rant, and it belonged to the solution of tho problem of giving the negroes tho privileges of citizenship; it was the mis? fortune of tho people to whom ho be? longs that they did not sco the impor? tance of this problem, but tho Provi? dence which struck off their chains led them over to the land of promise; ho re? ferred to tho good and tho bad men who had como among us after the war; said a city in South America was destroyed bj* an earthquake, and tho air tilled with groans; robbers commenced to rob; has seen the same thing on tho battle-field; some havo had it hero; tho samo crow is upon us; tho earthquake is still upon us, and why could they not come and give their ministrations among us of Cod-like charity; but this thing has gone on; tho Republican party, strong and vigorous, now, inch by inch, Stato by Stato, is Bluffing off and drop? ping away from us; bocauso tho indigna? tion of the whole peoplo has been di? rected against us, but its principles will never let it die; but if it is not purified within itsolf, it will fail. Tho ballot had done its duty; now let tho jury-box do its duty, and tho work is done. Ashamed? Yes, ashamed to walk the streets. Yes; yon can't lift ray head by finding a verdict for this plaintiff, because the State has proved him guilty, and a verdict in his favor will only show that the jury will not do its duty. If this corruption is not ohecked, it will not bo ho who will cry "Help me, Cos sins, or I sink." but there are those who will cry, in the language of tho Evan 8el ist, "Help us, Lord, or wo perish." >on't try Parker'as a Republican, but as any other citizen. Judge Hogo (defend? ant's counsel) says this trial won't pay; can't make anything by thin operation; but do school houses pay the State in dollars? Do orphan houses pay the State? Does tho Asylum or tho Penitentiary pay? Don't pay in dollars; but the ex? posure of this fraud has already saved tho Stato hundreds of thousands of dol? lars. He was surprised at Mr. Youmans' tirade against tho press; says ho was not warranted in it. Explained why the State asks judgment for $225,000, in? stead of ?400,000, because the coupons and bonds aro only worth to the State fifty cents on the dollar. Tho State did not pretend to say whether Parker or Kimpton took tho coupons, but holds Niles G. Parker; found that the fraud was perpetrated on the coupons paid by Kimpton; he told them this; was not bound to moro closely define them. Suppose a bank was robbed, would it have to describe the bills before it could get them back? Can find no authority for this. To what straight has defence come, when they havo to resort to such things as this? While he and Dunn wero trying to get at Parker's over-issue of conversion, they came across this fraud; would not have put him in joil had he believed Parker would have stayed here for trial. Tho reason why he did not try at tho May term was because the suit was not concluded until April. It took four weoks to examine Itimpton; didn't have time to try at the May term; Parker took ten full days to ask two insignifi? cant cross-interrogatories, and the com? mission wots not returned till Monday before the trial. Pail is proportioned to the amount; if he don't want big bail, he must not take so much. Senior coun? sel knows how the doors now open when ho went to tho State House. The State is the one who has hail to worm it out; no counsel had a more astute, thoroughly informed client than C. D. Melton; this is no prosecution, it is a civil action for fraud; he only asks Parker to give back what he has taken; asks if he has not proved all he said he would; said that the rules of evidence in criminal cases don't apply to civil cases involving fraud. Head from Starkie's Evidence. Parker says not a word after ho has made out a strong priiuu facie case; the result of the authorities governing tho evidence of this case seemed to bo that the law would raise every presumption of inno? cence until the State has made out a goodprhna facie case; when the case, thus modo out, must be rebutted, and that fraud may be inferred from facts pointing to fraud, and that the prool was not strengthened by multiplying circum? stances. Col. Rinn had given nineteen independent propositions, to which the doctrine of the chain in circumstantial evidence does not apply; exhibited n drawing of Parker's head, with many arrows pointing at it, to show what he meant by independent circumstantial evidence; he soid you might take one or a dozen away, and the rest would point at Parker; the fact that the answer of Parker is sworn to, is nothing but a sim? ple verification and has no weight; likens Parker's want of defence to the opossum, feigning death; the Lord knows what he put the outtlo-fish in the water for, but he didn't;?Parkcr's counsel, like tho cuttle-fish, has been trying to blind the jury's eyes, 'and when this happens, Parker w ill scamper off. He then drew the distinction between valid and invalid bonds and coupons, saying that a bond may bo valid and the coupons invalid; i. e., the coupons fall due while in the hands of the State, and vice versa, when the bonds have been returned, but the coupons ore uncanccllcd; says he wants to give public recognition that the bunds in the treasury are not properly can? celled, because tho coupons aro not; he said ho was surprised because of ivimp tou's testimony, but he was not dis pleiscd; but ho didn't expect Kimpton to de tine these coupons; if Kimpton had kept a memorandum of these coupons, Parker would have known it and would not have undertaken to take them; Kimpton told more than they expected; that was the reason they asked for time; ho likes such surprises; tho defendant's counsel said that tho caso turned upon the interest account; he said that Car dozo's pockets wero full of papers or the defence, although called. His Honor Judge' Carpenter charged the jury, in substance, as follows: 1. With the proceedings had prior to the trial?the summons and complaint, an? swer, the amended nomplaint, the failure of the State to try this caso at the May term, and the imprisonment of debt, tho jury, Ac?I have nothing to do. 2. Free speech and a froo press are inseparable to a free people, but this jury should not be influenced in this caso. by any com? ments of tho press or by the opinions of individuals, but should bo guided en? tirely by tho sworn testimony of the wit? nesses on tho stand. 3. That this was a civil action, and that tho jury should not be influoncod by the consequences which might accrue to either party. 4. That if the jury believed from the evidenco that this defendant was, at the timo of the conversion referred to in the pleadings, the State Treasurer, it was his duty to out off any and all coupons whioh bad matured before the sale or hypothecation of any State bonds. 6. "fhat if tho jury believed from tho evidence that defend? ant, N. G. Parker, was the State Trea? surer at the thno referred to in the plead? ings, then, as a matter of law, he was the logal custodian of all coupons cut off, both by Kimpton and himself as Trea? surer, and that in tho absence of proof of loss, ho (Parker) was responsible there? for. 6. That if the jury beliovo from the evidenco that Parker took coupons that had been paid and appropriated them to his own uso, thon ho was responsible to tho extent of fifty cents on tho dollar of tho valuo of coupons so taken. 7. Tho law does not presume fraud, but if tho Stato has made out n prima facie case against Parker, and if there was no re? butting testimony, then jury must find for plaintiff. 8. The State, in this oase, is tho actor, and must make out a case such a one as would convince a reasona ? ble man, and not one beyond all reason? able doubt. Counsel for defendant offerod other chnrges?a part of which is substantially embraced in the above; and tho other the Court refused to give to the jury. At a lato hour, last night, tho jury brought in a verdict of $75,000 for the Stute. Mr. Youmans gave notice of an appeid for a new trial. COLUMBIA, K C. Sunday Morning, July 18, 1875. Anti-Ti:e.ytinq Societies.?Tho custom of '"treating to drinks" in bar-rooms is," perhaps, ono of the greatest draw-backs culiarly an American custom, being un? known nmong the tipplers of other countries, and would be here, as else? where, more honored in the breach than in the observance. The practical effect is more nerions than will appear from a mere glance at its evident social and ex? hilarating surroundings, because it ine? vitably induces men to drink more fre? quently than tlioy desire. Half a dozen, moro or less, men of business and social acquaintance meet at lunch time in their place of nsxial resort. A vicious custom, making it highly improper for cither of theni to drink nlone, ho is compelled to invile the others to "join him." To re? fuse the invitation is also improper, and it is equally so for each of tho others not to invite the party to "join him." The consequence is, that ench one of the party takes several drinks, when his de? sire was for but one, or perhaps for none, and when he returns to his place of busi? ness, bis capacity for work is necessa? rily limited by the size and strength of his potations. If this were an infrequent occurrence, it might be no great matter, but its recurrence begets a craving for several drinks instead of the one, and a morbid necessity arises and is gratified until the inevitable end is reached. Wo observe that, at somo of tho principal watering-places, this summer, "onti treating societies" have been formed, with a view of getting rid of the obnox? ious custom of "treating," and allowing a person to drink onco or more, or not at all, according as he may elect. A New Know-Nothing Movement.? The New York Sun is authority for the statement that a new Know-Nothing movement has been set on foot. It is called the American League, and was first organized in 1871. It is stated that it has 10,000 members in tho State of New York, and will run a complete ticket for State officers in the election of ?November. Its leading principle is that none but Americans born in this country and ot American parents shall be eligi? ble to office, and it proposes that tho naturalization laws shall bo amended accordingly. It also lays down the doc? trine of absolute non-interference in religious subjects, though it holds the law of the land supremo above any church or sect. It is a secret society, made up of lodges, with pass-words, signals and oaths. The .Sim expresses tho opinion that tho movement cannot amount to much at present, for the rea? son that "tho exclusion of foreign-born citizens and their children from the right to hold office is not an object for which many people will labor very heartily." Death op Mbs. Latta.?The Lynch hurg (Ya) Sews, gives the following par? ticulars of the death of Mrs. James Latta, whioh occurrence, has already been re? ported in these columns: "On Wednes? day night last, Mrs. James T. Latta, of New York city, formerly of South Caroli? na, died at tho supper table, at the Alleghany Springs, of heart disease. Mrs. L., at the time of her death, was engaged in eating supper, her two sons on either side of her at tho table, When she suddenly fell over into tho lap of one of them and died instantly, She was about fifty years of age, and during her brief sojourn at the aprings, had made many friends. The sad occurrence, of conrso, created intense excitement, the room being full of guests." Sad Case op Poisoning.? In New York, on Tuesday morning, Mr. Thos. Dewitt, a prominent citizen, had occasion at an early hour to use some brandy. The closet in whioh tho bottles containing liquor wore usually keptwas disarranged, and a bottle containing corrosive Bubli mate, a solution used for killing insects, was mistaken by him for, brandy. Ho took a swallow of the poison, and was almost instantly taken with terrible Bpasms. His cries brought to hia assis? tance the servant, and a physician was called in and all the relief possible ex? tended, but ho died on Thurstlay. Jos. Bcckley, the "faiker," who drug god Mr. James Boyd, of Chester, S. C, in Charlotte, N. C, last fall, and then robbed him, and who subsequently re? moved his case to Cabarrus, was convict? ed at the recent term of court in Con? cord, and sentenced by Judgo Schenck to ten years' hard labor in the penitenti? ary. /