Columbus Democrat. [volume] (Columbus, Miss.) 18??-18??, 1838-05-05

GREAT MEETING At vlCKsBURt

Prom az D4ig 8sHfiaei. s1pfh zA
GREAT MEETING AT vlCKsBURG.
Yesissaay was an important day 10 Yicksburg.
The people, as II by one impulse. At a short 40
ice. ast 81 the Arcade. 10 express their feelings in
relation to the depreciation Of The Bank paper al
The State, and the c0urse pursues b. the Banks
There vas ~ violence, 10 defamation. no un.
measing rant or abuse, but a calm, liuH and Dig
nilied exposition II popular opinion. The Hon.
William L. Sharkey, Chief Justice Of the State,
presided, and the proceedings, 50 lar as the peo-
pie were concerned, were conducted with the Ut.
most deenTam. The resolutions which were
adopted, viii be found IA our columns to-day.
They convey, We sincerely believe. the almost
unanimous opinion Of The people Of this city. The
union Of the tive offices Of Bank Director aud
Legislator, IN the same individual, is 50 glaingly
improper, that Il Is universally condemned; ard
We must do Mr. Gwinn, one OF The members
ffom this city who attended the meeting, llis JUS
tee TO say that he declared publicly be would te-
sign bis seal in the Legislature because be be-
lleyed the two Offices 10 be incompatible. That
evil, Of which the public complain, can only be
cured BY again permitting the people 10 exercise
their rights Of elccting members OF the adjourned
meeting Of the Legislature. II Is customary in
England ahen a memhcr Of Parliament accepts
asy osii-e Inst cSa!i bias his feelings. or place
him in POSITION h which the Interests Of the
people. and the power under which be accepts The
new office, ara supposed TO clnsh. 10 resign his
seat and LEI the people say whether they arc sui
willing that he should represent them.
We hope the people and tho press lhoughoui
the State viii take up this subject and examine il
calmly and deliberately. H. this place, we can
safely ssy that there is no difference Of opinion.
Bark officers, as well as other members OF tho
community, unite IN condemuing il.
Tho adjourned meeting which i 10 be held on
Thursday ncxi, will give the people from the sur
rounding county, an opportunity Of uniting with
those Of The city, and the moral force of public
opinion thus concentrated, will have powerful in.
fluence q correcting tho evils Of which we COM
plain. Some Of the abusesaro OF recent origin
and tho bud ought 20 DO "nippedn before lis ex.
Pand' and oyer.shadows tho people with its upas
branches.
Alta very numerous meeting Of the citizens Of |
Nicksburg, convened on suggestion contained |
IN our city papers, held II the Arcade, w. l..
Sharkcy. Esq, was called 10 tho chair. and
The objects Of the meeting were briefly stated
by the Chair, 10 be an inquiry into the cause of
tho present deprecated state Of The currency. and
the most opPoriuns and speedy means Of ane-
Iiorating The same,
Whereupon the following Resolutions we're Of.
ercd by Mr.. n. II. Crump:
Resolved, That tho present depreciation or The
Bank paper Of the State, is GRIEVANCE which de-
nands an immediate remedy.
Resolved, That the Banks of this Slaio owe il
0 the people, 10 The credi. Of The State and 10
het own character, 10 make full exposilipn OF
hef affairs and Of all the causes which hive pro.
ucod tho ruinous depreciation of their paper.
Resolved, That II Is their duty 10 invite scru.
my TO show what disposition they have made of
no cotton crop Of tho State, the amount Of North.
I'm funds, now al their disposal, aud Of cotton YET
lEsod.
Resolved That Il is the duty Of the sBanks to
Use oil their means 10 raise the credit Of their pa-
'er, M object N which the whole community is
'ecply interested, and for this purpose they are
esucsted 10 use their northern funds, and SO far
'ellesc The present distress.
Resolved, That this meeting regard with mark.
ID dIsapprobatiou, the acceptance Of a Bank Di.
'eciofshIp BY a member Of tho Legislature
Resolved, That The people Throughout the State
% requested to hold meetings, 10 take the subject
y Tho currency into consideration. and 10 devise I
means for placing The credit of Mississippi on 4
basis commensurate with tho energy and inte. c
ysncc of her people, and her ncxha,siable 70 i
sources
Resolved, That the Chair appoint committee I
IL Twelve, to prepare u preamble and resolutions
d DO submitted 10 an adjourned meeting.
Resolved That said Gammilieo ho Instructed
% enquire into the expoducncy Of requesting the
cali Of special session Of the Legislature,
The above resolutions being read, OH motion
Of \. NJ. Paxton, Esq, the vote upon their adop-
ton being taken separately, they were carried
with but few dissenting voices.
Tho following resolution wss offered BY Ro.
bert Riddle, Esq,
Resolved, That committee be appointed hy |
tbs meeting TO determine whether il be the want |
OF faith on the part Of individuals indebted 10 the
Banks, Or that Of the Banks. that has Produced |
The present depreciation Of tho paper
10 which Mr.. q. T. Flosser moved tic fol
lowing amendment:
provided the Banks in the city Of YeksbG,r,g
will submit their bonds for inspection, aud answer
upon oath, such questions as shall be p,opounded
to their officers and said Commaiecn
The resolution ns amended was adopted.
On morioa Of Dr.. w. NJ. Green,
Resolved that tho Members OF our Legislature
who arc Bank Directors, be requested to resign
one Station or the other.
Tho following resolution, offered by major
VIM, was rejected by a large majority:
Resolved, That the debts contracted By ell.
zcns Of this State were contracted with the expec.
iation Of paying them in the currency Of the state