The Madisonian. [volume] (Washington City [i.e. Washington, D.C.]) 1837-1845, 1838-05-15
BASE spIRrr or PARTY.

The Globe of Friday night last, contained
an extract Of ga letter from gentleman of
high standing, connected with the courts in
Mississippi" to a member of Congress, as il
said, which is as follows, viz:
The times are truly alarming here Many plan
iaions are entirely stripped of negroes and horses by
the marshal or sheriff. and TO add TO other diff
cuities our bank paper is getting worse and worse
every day. We cannot get plantation supplies for
less than double New Orleans prices, with our mo-
ney Suits are muliiplying-two thousand five hun
dred in the United States Circuit Court, and three
thousand eight hundred IN Kinds County Court
SILVER Is demanded and our citizens threaten yio-
lence and bloodshed We are in bad situation
Ihe Union Bank is just going into operation, and
much Is expected from il paying off our foreign debt
neither u can answer public expectation, time
alone can prove; but fear II cannot. The board
are prudent, and will not endanger the credit of the
State"
for what purpose but to crafty the most
base and diabolical spirit Of party could the
" member Of Congress" to whom the letter
was addressed, hand it over for publication
But who can that "member of Congress" be,
that has thus lent himself to the vile purpose
Of throwing dscredit on the State of Misss-
sippi and its institutions, both at home and
abroad That State has no representatives
in one branch of Congress now; and we can
not believe that either of the honorable Sc
majors from Mississippi would ever have SO
far forgotten their duty to those whose repre-
sentatives they are, as to have done so. In our
opinion, they will fail in the performance Of
their imperative duty, if they do not ferret out
the individual member, and hold his name up
to the just indignation of their injured State,
and the Reproduction Of the country.
The Bonds Of the State of Mississippi, il is
known, are held in Europe for some millions
of dollars. What will be the effect of such
statement, and the remarks that accompany
it in the official organ efhe administration?
II is calculated inevitably to alarm the holders
and depreciate the credit of the State and the
value Of the Bonds. This, too, Just at the
moment when the UNION BANK is about GO
ing into operation, from which 'smuch is ex-
pocted'' to aid the State in paying off its
foreign debit" Such publication as that in
the Globe. and the awful description of the
condition Of the State, is the sure and effectual
means to prevent the Bank from going into
operation. Its capital consists of the Bonds
of the State. These must first be disposed Of,
before it goes into operation. Where will
purchasers be found for them, when it is an
nounced that the people Of the State are about
to resort to "uiolence, bloodshed'' and revolu-
ton "
We are no advocates Of Lynch Lap, but
we should not be willing to pass through the
State Of Mississippi if we had been instru-
mental, and it were known. there, in infiicting
SO deep an injury on the character and credit
of that State, as we consider has been done by
the recipient of the letter.
The letter is in perfect keeping with the
dia6olicnl spirit which animates the editor Of
the Globe. 1t furnished food to crafty his
black hearted malice. He grasps the occa-
sion to utter anathemas against the banks
the banks as the following extract will show.
Said he; =. /.
Nearly 1000 suits are brought to the courts sit
ting in Kinds country and for millions !not Of pa
per, but of gold and silver. These debts were made
ry expansion, was the criterion of value. They are
now demanded in gold and silver, when the EXITING
ton OF the paper, as tender for debts, has doubled
the value Of CURRENCY cheaPened staples in an equal
proportion, and absolutely destroyed all demand for
real property, making it sacrifice at the will of
creditors. The banks, for the most part, are these
creditors, and now they will swallow the real and
personal property OF borrowers, to enrich the stock
holders and usurers, busy in shaving their notes.
And yet the banks ask relief and get time from
the Government, whe-f we may Judge from the
innumerable suits brought-they give no time to
their debtors They are strong enough TO sci aside
the law, and hold off their creditors but they drag
down their debtors in the courts of law"
Where is the proof that "the banks are for
The most part these creditors" which have in
stituted these seven thousand suits, for
millions, and for /" GoLD and SILvER!" It's
a bare assertion of the editor of the Globe
only. He has not adduced the smallest par
tcle Of proof. And what is his assertion
worth, with those who know him, in relation to
such subiects Nothing; Nothing.
We have heard it stated that, some of the
late and present delegation in Congress, have
been among the largest land operators and
spectators in the State Of Mississippi
The following, from New Orleans paper,
gives the evidence of very extensive transact
tons by one of those gentlemen:
TAKE N0TICE,--All persons are hereby for
warned not 10 trade for, buy, or receive in any
ner whatever, three negotiable notes given by me to
k. J. Walker, of Mississippi, each for the sum Of
seventeen thousand five hundred dollars and bear
ing date on about the 9th Of August, 1886, and
payable at the Union Bank Louisiana one on the
LIST Of March, 1889; one on the LIST Of March, lSi0
and one on the Isl Of March, 1911. Also from