Rutland herald. [volume] (Rutland, Vt.) 1823-1847, 1837-05-09
NV ORLg.s, April go o'cloc

Nt" OhbtN, hpru So-v Cioch
The new. from Mississippi is of,he mos; dis
hsariening description. Letters from gentlemen
of the highest standing IN various quarters Of that
state. tell of things that would no, have boen dream
ed Of two months ago. We shall endeavor to
give sbsirac, Of the information now in pos
session, order that the real state OF things may
bo known.
Negroes that three months since cost $1,000 to
$500 EACH can be bought in any part OF Msss-
sippi for $50 TO $500 cash. This description Of
properly, whose increased value depended entire
Iy upon the late cxorbsnt prices Of cotton, has
there come down to level with the present de-
prceatcd rates Of the great staple leaving the IN
fortunate purchaser minus thousands. The loss on
this kind Of property slcne is enough to bankrupt
The state. Bat the misforunes do not stop here.
The planters had anticipated their crops, and re-
ccivcd aud expended three fourhs of their value
months ago. On the delivery Of the cotton SO
bought aud paid for. they naturally came forward
and expected TO morig age as it were their labor,
capit,l nd time for the xt twelve months, IN or
der to procure sufficient of the necessar'cs OF life
for the support Of their negroes. and TO get means
Gor carrying on their plantations. pitching their
erop., &c. &c. To their surprise. the 9TH OF March
and iis attendant destruction came upon oil their
expectations, and crushed them in an instant
They are now left without provisions. and the
means Of living and using their industry. for the
present year. In this dilemma, planters whosc
crops have been from 100 to 700 bales. find them
selves forced to sacrifice many ofther slaves in or
der to get the the common neccssaries OF life for
The supper, OF themselves and the rest Of their ne
xroe,. In one instance, a small planter. whose
hopes ran high last winter, and who owned ~
slaves sold three of his hest men. for which he
had actually paid $500. for $3.50. to buy PORK
and corn Tor the remainder. In msrv places, heavy
planters compel their slaves to hsh for the means
Of subsistence rather than sell them snch ruin
Gus rates. There are at this moment thousands Of
slaves IN Mississippi. that know not where ibeil
next morsei Is 10 come from. The master must
DC ruined to the wre'ehes from being starved
The currency of the s'ste ia in the worst posi-
DE condition. We rec the banks refusing 10 pay
SILVER. and proposing to shave their own paper.
gentleman the other day al Natchez hs wing $4,000
al the Pisa,ets Bank, demanded the specie for TIN
sane II wss refused. United States paper at
Ser ees,. premium, ar English sosregns valued o
as and eastent for 81 81. were offered Thus il
the honest deset compelled to use the depreclate,
rsgs Of the Back forced 10 pay exorbiiar
frenul for that which 10 convertible into par val
We do 90, know what this means. but It ss
very s'rongly Of pteying On the ,iials Of ia,
pubic st moment ~heo the greatest disiress pre-
.ysils caused too BY thr improper management o
these very institutions.
Our Louisville cares pondent writes that the ban
Of Kentucky has made an arrangement 10 take a
ear the notes OF the Planters Bank Of Tennessee
psyseie at ;le bank 81 Louisians. A singular CIR
eo~s,snee connected with this step the part c
the bank Of Kentucky. viii show how sP, men are
20 step Beyond the rules Of proprie:y IN evil times
\ sn~rehsn, IN high standing bought up neArl'
10000 Of the Tennessse paper at heavy de
count. day or two befnre the declaration Of ,h'
resolui,oo BY the bank Of Kentucky TO take u Z
par. One Of the firm 10 ~hich this gentleman be
ioaged. VAS Director 10 the ssid bank, aud a
coon ss tho determination vas rsde known. til.
sellers oi tho Tennessee paper cav the objecr c
the purchaser. A great ercteDeut prevailed. =
90 much 10 call forth from the Bank DIsc,o
disclaimer Of any knowledge Of the affair. and L
prodoes p-onPs refosc,ng Of the Tennessee pc
per 90 purchased. Wien public opinion thu
20, down unfslrnen and ,resehsry q ia IN . whole
cone s'sie. We hePs The people Of I>ouissill
~'ll escape the rsvsses Of the present storm. The
eeseFve an exemPiioa.-.N. q. .imerfeaH