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Editorial October 4, 1870

The Charleston Daily News

Charleston, Charleston County, South Carolina

What is this article about?

Editorial criticizes the 'Robbing Ring' for denying state costs in funding the Blue Ridge Railroad, citing the president's request for interest payments and Gov. Scott's $420,000 tax proposal.

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Full Text

THE Robbing Ring claim that the State will not have to pay the interest on the bonds guaranteed for the Blue Ridge Railroad. Yet the president of the road, in his application to the Legislature, said it was expected that the State should provide for "the payment of the interest on the bonds while the road is being built."

Gov. Scott in his message to the Legislature argued that "an expenditure of four hundred and twenty thousand dollars, to be raised by taxation," would secure the completion of the enterprise. We suppose that the arithmetic man of the Ring will argue that this $420,000 does not come out of the pockets of the people. What next?

What sub-type of article is it?

Economic Policy Infrastructure Partisan Politics

What keywords are associated?

Robbing Ring Blue Ridge Railroad State Bonds Interest Payments Taxation Legislature

What entities or persons were involved?

Robbing Ring President Of The Road Gov. Scott Legislature

Editorial Details

Primary Topic

Criticism Of State Funding For Blue Ridge Railroad

Stance / Tone

Critical Of Robbing Ring And Taxation Proposal

Key Figures

Robbing Ring President Of The Road Gov. Scott Legislature

Key Arguments

Robbing Ring Claims State Will Not Pay Interest On Blue Ridge Railroad Bonds President Stated State Expected To Provide For Interest Payments During Construction Gov. Scott Proposed $420,000 Expenditure By Taxation To Complete The Enterprise Sarcastic Doubt That The $420,000 Does Not Burden The People

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