Southern Argus. [volume] (Columbus, Miss.) 1834-1842, 1838-09-25

an ordinary ARRAY at OIOCSl y anu any
thing but alarming in its consequences.
We must therefore conclude that the Co
vernon has been most egregiously hoaxed,
or that he has suffered a momentary ex-
citement to magnify the supposed dangers
far beyond the bounds Of truth, or the So
Der dictates Of prudence.
From the Nelo York American, Of Wednes-
day September, 10. -
MORE SUCCESSFUL STEAM EN-.
TERPRIZE.
Thesteamer Natchez arrived this morn.
ing, in nine days from New Orleans.
/ Where are the cannon and congratulations
to welcome her return Where is our
national pride? Here is a steamboat built
at Baltimore, quietly making a voyage
to New Orleans in 10 days-including a
detention at Key West until fuel could be
procured from Havanna--and returning
in NINE days from New Orleans, about
the time required by the Express mail.
And yet we have no regetta of welcom-
! ing boats-no bay alive with craft of
all kinds"-and, we fear, no presentation
/ of the freedom of the city to her comman-
! der, and compliments from the Mayor
and Corporation. Verify, the British IN
ion Jack has a charm about it, which
| leads captive all hearts and voices. The
Natchez experienced a heavy blow from
| the n. E. when off. Cape Hatteras, and
from all accounts behaved most gallant
lily.
! We congratulate our fellow-citizens of
Natehez, on the complete success which
has crowned their noble enterprise. The
| Natchez is the pioneer, and ere ten more
years roll round, the city whose name
she bears viii have become one of the
| great Southern commercial marts, and
steam ships from various ports in Europe
viii crowd her wharves, bringing with
them the products and manufactures of
foreign nations, and taking from US our
rich and invaluable staple.--WhiIe our
neighbors of Georgia and South Carolina
are theorizing, the citizens of Natchez are
practising, and the success which has
crowned their infant effort will have more
effect in melting to continued efforts than
the long speeches and abstruse specula-
! tons Of grave Conyentions.-We do not
wish to be understood as being in the least
ayerse to the call forthe Augusta Conyen-
ton. Much good has been done by those
meetings, and public attention has been
called to the Importance and feasibility Of
our Commercial Emancipation, by the
highly able aad luminous reports which
have from time to time emanated from
them. It is time, however, that they
should mark out some plan for action, and
we trust that at the. neeting Of the Con-
vention in October this will be done.
The Bonds of the Union Bank were
purchased by the U. S. Bank ofPennsyl-
vania and are to be paid as follows:
100000, payable at New York or
Philadelphia, in cash. 100000 in Lou
| isville, Ky. go days after the first day Of
November, next, 100000 in the City of
New Orleans at the same time-S1, $780,
900 payable in Natchez in Mississippi cur
rency in December next, 81, SOC, 900 pay
able IN New York or Philadelphia, 60 days
after the first day Of January 1889.
The Bank viii commence discounting
on the 9th Of this month, (next Thursday
as we perceive ythe following resolutions
Of the Board of Directors, adopted on the
18th inst:
MISSISSIPPI UNION BANK, !
@ JACKSON, Sept. 18th, 1888.
1st Resolred, That when this bank
commences her discounts, due regard
shall be had to the respective Districts. in
dispensing her loans prior to the establish.
tnent of her Branches, in order that each
section of the State shall have an equal
participation in the benefits ofthe Institu.
ton: provided the same be applied for on
satisfactory paper, having at all times a
due regard to punctuality. 2iao1a9
End. ResotUed, That no paper shall he
permitted to pass at this Board HAVING ON
It either as principal or security the name
or names of any person who shah 1T 'theH
time of such Offering be under protest in
this bank or either of its branches.
Bird. ResolUed, That al notes presen.
ted for discount must be placed in the dis.
count box at last one day previous to the
day of discount, otherwise the same shalr
not be considered by the Board.
4th. Resolued, That this Bank viii com
menee. her discounts. on short time and I'M
small amounts, on Thursday, the 9th of
September, instant; and that the regular
days of discount of this Institution win Is
on each succeeding Thursday thereafter.
Extract from the Minutes.
WIN. r. GHAYSON, Cash'r.
FORM OF NOTES.
Jackson. lsss
Months after ~
~ as principal, and
securities.
jointly and seyerally promise to pay the
mississippi Union Bank or order
dollars, value
received, negotiable and payable attheir
l5anxlng House at lackson.