Liberty advocate. [volume] (Liberty, Miss.) 1835-1866, 1839-10-31

D"nion. DUR, James Ellis, Filter, For, Fryar,
TaJ,on. Greene, Jayne, King, kyle, Leighton,
nnriI lIc Kinney Mddlcton, Mcho}soa Henry
p%i,I;ns, lanes Phillips, Puckct RJgan Ram.
scn i H. Walker, Weeks, Wilson, Hrigaf,|
Stewart. Williams, Harris, ana Hoops, Al votes
otGcmocrats and II wings,
The bill was then put upoa its passage and
and passed by ayes and nays, thus:
Ayes. Mr.. Speaker, (Fanaerson,) Mcssrs Adj
ans, Armai, augustus, Bailey, Bro,ca Bugg,
Chambiss, Coffee, Daie, D0dd, Dunlap, DuRR,
james Ellis Farrar, Filter, For, Fryar Fulton
Green, Hopes, Jayne, King, Leighton, Md
dirton, Nicholson, Henry Phillips, James Phil
lips, Pickett, Ramscy, FELIX H. WALKER, Weeks
Wilson, Wright, Stewart and Williams, SO
votes, for Post Noes-l8 democrats, and 10
wings.
Noes Mcssrs Barnes, Bell, Buckncr, Carter.
Cherry Coleman, Cmningham, Dcaring, Sam
mel Ellis, Harris, Kyle, Lindsey, Darm AcKjM-
ncy, James Mckinney Ragdn, Thomas, Allen
Walker, amt Warren, 10 votes; II democrats
and wing.
This Post Note bill passed the house, and is
fine same bill which Mr. BRowN, the present
candidate for Congress, moved to postpone indcf
initcly, at page 81 He here votes for the bill.
II is the same bill, too, which was indefinitely
postponed in the Senate. (pagc 80, Senate Jour
nal, April and May 1879 1t will be kept in
mind that both Houses introduced the Post Note
bills and were considering them at the same
The house bill was lost in the Senate; Senate
bill passed both branches. The bill from the
Senate was received in the House, at page 1874
House Journal. At page li2, this bill from the
Senate was considered and amended page l43
gives the vote on its fna passage, and the ayes
and nays stand thus:
Ayes. Mr.. Speaker (F0ancrS0n,) McsSrs. Ar
mat, augustus, BaicN BHgg, Carter. ChamblisS,
Coffee, Dalo. Bearing, Dunlap, james Ellis,
Farrar, Filter, Fox, FRlt0R, Green, Jayne,
King, Leighton, Nicholas, FGIon. Phillips Of
MADISON, Phillips Of Kinds, Puchett, Stewart,
H'ccLs Williams, Wilson, Wright 30 votes for
the Post Noe bill, thirteen democrats and sew
cntecn wings
Noe., Messrs. BnracS, Bell, BacLncr Cau7feM
Cherry, Coleman, Cunningham, Darr, Ellis of
Jones, HarjS, Kyle, Lindsey. McKinaoy of Pc.
nola, Mex naey of Monroe, AI0aci. nelson Ra.
gan, Ramsey, RoLcrS Smith, Thomas. iHcn
Waiter, Fcjir II. Waiter, and WARREN "a
votes against Post Notes; 22 democrats and 9
wings.
50 this poStNotc bill passed in 1887. III
will be seen that Mr.. Brown who voted for the
House bill was not recorded on this bill from
the Senate. 1t will he remembered also, that
McNutt voted against the indefinite postpone
mcnt at page 53, and for it at page 50. He
also voted regularly against the Senate bill all
the wav through. This was in 1887, and post
notes were recommended by his predecessor
. Gov Lynch. But let us take an extract from
Gov. McNult's message TO the Legislature of 49,
50: Sen Jour. 1888, p. 10. "Most ofthc solvent
banks of The Union will resume specie payments
in the course ot'the ensuing spring and summer.
The banks of mississippi have resources "a am.
pie as those OF any other State, anl with twoI
exceptions their liabilities are much less nI
proportion to their available means. Durlngl
the next Summer an Fall, the Banks by iSsu-
ing post notes, payable at the maturity OF the
crop of 1880, would be enabled to withdraw
their circulation payable on demand, and sub
sttutc notes payable Al future day, bearing
x interest. These woIId pass more currently
than tic present irrcdccmabc CURRENCY
Now compare the foregoing extract Of Gov.
McNult'S message OF 1888, with the following
extract from his message, l839-(Scc Senate
Journal, page 25.) "1hc value of bank paper
bcng dependant on It's conycrtib,lity on dc.
mund into specie, the issue OF post notes should
he lorbdlcn and not more than three dollars
ia paper issued for each dollar Of specie in the
vaults; and when that proportion is destroyed
no more issues made until it is resorCd.'-
The foregoing recorded facts show, that in
"a 1887, Gov. McNuu voted against post notes,
when recommended by Gov. Lynch; that he,
(ucNuu) as Governor OF this State, in 1888,
X recommended the issuance Of Post Notes 10 run
E to the maturity of the crop Of 1889, and that in
A January 1889, (bciore the crop was plOntcd)
he as Governor Of the State, recommended to
the Legislature. toprohbt thcisSuancc Of post
notes! This inconsistency is too bare faced.
Although Governor McNut had IN January
1888. recommended the issuance Of Post Notes
by the banks during the ensuing summer and
fall; and Notwithstanding the Uuion Bank was
to 90 into operation in the summer or fall, and
did actually 60 into operation in September:
and notwithstanding, ii is reasonable TO pre-
sumo, that the directory OF that bank supposed
they were acting in pursuance of the Govern,
or's recommendation, in issuing tho post notes
OF the Union Bank; yet the Governor takes oc.
casion to use the following language in his
message Of 1899, in relation 10 the post notes
of that bank. at is TO be regretted that the
Union Bank should have added to the quaint.
~ of deprecated paper in circulation, by the
issue ola large amount of postnotcs having
ten months 10 run to maturity. The payment
ofthcsc notes to their customers at par, was not
only oppressive, but unauthorsed Those
who obtained discounts and received post
notes in payment indirectly paid to the BANK