Columbus Democrat. [volume] (Columbus, Miss.) 18??-18??, 1838-09-01
- GRANT,s -.

repy 0f Gen. Grant 20 sun5ry Questions put 20 hin
Al by voters in Noxubee county They are frank an.
q manly Mr.. Murphy, tie opposing candidate, d
Z, entitled 10 great credit ar his frsnkness, vet bis an
s'gers show him to be Of The modern wing party
IL VII. not the opposition candidate IN Lnwnles coun
2 ~ come out with declaration Of h'z iEcip.es'
Ma. EDIroR noticed IN your paper Of the
d nth lnst. five lnteHoga,or'ss propounded 10 the
candidates 10 l the vacancy in the representation
from this county IN the late Legislature. Being
+ one Of he candidates, and believing an explicit
answer to the questions Of Importance to those
Whom ask for their suGagrs answer them
+ frankly, as ! wish every voter 10 know nay views
: on all subjects IN which they may be interested.
Int. Are youin favor Of Banking and Banks
generality
am not % advocate of Banks, and on OPP
posed to the present system Of Banking in Ms
sissipPE am opposed 10 having tho Banks keep
The specie locked up IN their vaults, and thereby
ra'se the exchanges at the expense OF the commu-
nlty: believe, however, that the general system
Of Banking IS so interviewer WITH the affairs Of
every branch Of business IN this community that
II cannot be Dispensed with at this time without
inilIcllng very serious injury on the planting in
! 1
the State Legislature, shall sustain all sound
Banks am IN favor Of tho Union Bank OF
| Mississippi would prefer some amendments,
so as to make the Branches more independent Of
! The Mother Bank. | would haze each Branch 1
| to be responsible for IT'S own acts and profit aud |
lose by rs own management, and not by that Of
others.
mt Q. Are you in favor Of forcing resump.
ION Of PecIe pnyments by the legislature
think the interest of the community requires
that the tardy movement Of the Banks towards
resumption Of specie payments should be quick
cned by Legislative enacments; ard shall, there.
fore, uso my influence if | am elected to secure
The passage Of law forcing hem to resume at
an early day
hi. 3. Are you IN favor Of taking the char
tiers from such Of the Banks as shall be found TN.
able TO resume and placing them in the hands Of
Commissioners appointed for the purpose ofwnd.
ing up their business!
am in favor Of taking from all such Banks
their cnarteIs and compel them to wind up their
business as the law may direct in such cases, so
rs to guard the community at large from loss or
injury, so far as 1t may be in tho power of the
Legislature.
Il
Is proposed by Henry Clay Of Kentucky
AN not in favor Of such Bank. believe
unconstitutional, ard if wo arc to Judge iron,
he past we must view such a Bank dangerous
NeI'hor do believe National Bank cxpedient, ,
Notwithstanding lis advocates claim the cxpe. o
lency Of such an Institution to regulate the cur n
ency aud thereby prevent those extrayugant ex.
hanges now charged for the want Of such a p
iank to act as regulator Of the currency. | :
dmIt that we should have regulator and would II
refer Specie to n National Bank. | am conf.
lent that VIC mag have as good currency with =
M such an institution az with one, If we have :,
ound Banks that are ready at all times, to meet n
heir issues their notes Will have circulation at r
'm IN any State in the Union, | con;cnl that
Exchanges oagAt not 60 be above the pyice Of A
'ekht and Insurance on specie from one point to 6
mother, which can never exceed two and Il half i
'er cent believe National Bank is against
no Southern interest generally, and will ever 4
end to prevent direct trade so much desired
y every Southern man. instead of the present
onnd about trndo by the way Of New York, Phil.
dopul' 1AI Dust1n. believe a National Bank
'oald operate against our institutions, particularly +
gaRSt OH Union Bank, which vii! soon 90 INTO h
peraton, ind It prHdently managed, (Which =
ave no doubt it will bc,) will supply the citizens 7
Mississippi with a sound currency, and the a
foilI go exclusively to the citizens Of this State.
would not invite rival 10 this instistuiion, if
nd no other objection to National Bank, which ,
you'd advance foreigners at the expense Of our
wn cizcus.
Int. s. Are You in favor of the election Of n
ienry Clay to the next Presidency I
! am not in favor of the election of Henry Clay q
y the next Presidency believe he is and over i
as been, opposed to Southern interests, and =
ave no confidence in The man. Ii | am cleo. {
ed | cannot support him, either directly or in |
rectIy,i
Such are my views on the questions propound- 7
d and should be honorcd by your sufrages
With seat in tho Legislature, my best judgement
hail be cxcrted for the interest and honor Of the
state OF Mississippi, and particularly for that Of
Noxuboe county.
am, respectfully, your tellow.ci,iz,n,
REUBEN Ii, GRANT
August 20, 1898.