Southern Argus. [volume] (Columbus, Miss.) 1834-1842, 1839-12-03

Il
ntotheir own hands, by passing compulsory Z
Acts, and thereby show an utter recklesness Il
Of all former contracts, madebetween that body c
and the several corporate companies in the ?
State, or win they leave the matter IN the Q
hands Of the proper tribunals ofthe country
As democrats, according to the principles &
generally proclaimed, and SO understood by ,
the people, the Legislature, probably are bound
to show the banks no fayors--but to crush
them at once. and without a moments warn t
ing but as patriots, and reverers Of justice
and the laws of the state, and the principles Of
correct national policy, they are bound to
leave them in the hands Of those laws of the
Commonwealth, designed for the government
and protection of all--the banks as well as the
people.
That the banks of Mississippi, and Of the
whole country have acted in bad faith in many
respects, no person can be sohardy, stupid or
ignorant as to deny but this sllot matter of
astonishment when we consider the source
from whence they sprang; and especially
with those who foresaw and predicted these
results, ere the system ofState Banking was
put in operation. They were conceived in
sin and born in inrquity-of parents unsound
in body and mInd-and repudiated by large
number ofthe people from and before the very |
day and hour of their birth--as possessed of
none of the essential attributes to free and
vigorous growth-an Of which has been real
izeain the short space ofthree years, whilst
the circumstances are fresh in the memory OF
every man, woman and child in the country.
But because this is the case, and because pre-
diction has been verified in regard to their ex-
istence, it does not signify that no quarter
should be shown them. To them orto those
interested in their affairs, it might be matter
of immateriality and more Of gain than loss
to be closed at once but the public at large
have deeper interest; and by summary
process-and above ALL by an arbitrary meas
ure, must suffer from the evils, great and null
tiplied, that it would entail, was such 10 take
place. 1.-THE Legislature then would consult
the best interest of the people as well as the
honor of the State, that body viii not act with
rashness and foolish party spirit in relation
to this matter; but viii allow the proper func-
tons of the law to apply in due time that cor
recton whichif undertaken in an illegal way
will beget greater evil than is attempted to
be cured.
| Under any circumstances ofthe case how
ever, it will be matter of intense curiosity to
witness the proceedings ofthe Legislature in
regard to this matter The. wings being in
the minority can have no part nor lot in il. 1t
will be left entirely to the management of the
loco focos. They chartered all the theving
shops, as they call them-ae the largest
stock holders--know whether they have acted
in good faith with them towards the public or
not; and will be left, as they now have the pow
er, to apply whatever remedy a guilty con-
science may drive them to. Had the wings
manufactured these animals, in the shape Of
; bank charters and corporations, the last never
would have been heard of it. But as it is it's all
a loco foco mess from the beginning, and must
continue SO to the end. And in our view, the
greatest commentary on their Legislature
! that could be produced ;-worthy of The source
from whence it sprang, and in every way cal
culated to portray and unfold to the world the
statesman-like skill of a set of the greatest
g,tmps that ever lived.
; u The Planters and Merchants Journal o.
Mobile, has the following, in relation to the
strength of parties in the next Congress o.
the United States:
fl The election of Brown and Thompson,
= | (democrats,) from the s ate of Mississippi,
completes the regular cleo ions to Congress.
E Some special elections are not heard from
out the result, politically, will without doubt be
c the same. 1t is worthy of remark that three
. members elect--Fletcher, of Massachusetts,
and Elmore and Richardson of South Caro-
:. lima, have resigned; and three-Alvord, OF
t Massachusetts, Potter of Pennsylvania and
t Harrison of Missouri. have died before taking
their seats. Counting their successors, all Of
whom will be in their places at the beginning
: of Congress, the whole number of 242 men,
: bers is complete. 1t is point of some niceity
e to determine on what side the political major
ity will be found, as will be determined in the
election of Speaker The following are the
statistics, out of which parties may make their
calculations:
d One hundred and twenty one isa majority
b ofall the members elect. One or Two men,
o bers are somewhat doubtful, and eight seats
are contested. Mr. Fisher of North Carolina
is claimed by both sides ut is best to put him
down as uncertain. Three or four members
: from Georgia, elected on the State Rights op-
4 position ticket, are said to attach so much i'm.
: portance to the Sub.treasury plan of the ad
A mlnIstration as to be disposed TO support thai
side. 1t is but fair, however to count them al
opposition men. The contested seats are
u one IN Illinois, one in Virginia, one in Penn
a sylvania, and FIVE in New Jersey. On thi:
Il state of the facts, the following calculation.
/, arise. If the persons having certificates Of ell
: ection, vote for Speaker. and Mr.. Fisher of N
Q G. and all the Georgians vote with the wings
/ the vote will be even---l2l wings and ID
!. democrats.
lfnone ofthe members whose seats are con
tested are admitted to vote-the others voting
before--the result viii be materially differ
= ent-assix of the disputed seats are held bl
!. wings, and two only, by democrats-the votI
:, will therefore belle democrats, III
: wings.
1t viii be seen that parties are very nearI,
e balanced /; andthat one or two votes gained o
d lost will turn the balance of power. Mr.
e Fisher, of N. c., and Mr. Hunter, of Virginia
!. canmake it all sure for the administration
J, or with all the Georgia members and contestei
IL seats. oivn II To the xvbirs