The Rodney telegraph. (Rodney, Miss.) 1838-1840, 1839-10-30
A. G. McNUTT AND THE BANKS.
CRATER SEcoNp.

TO that august assemDlage. we snail now at
tempt to- show viz: was Ii course ..Isle !,
q member Of that body. And here il may
be as well to enquire, how far his legislative
caroor.aeeorded with the course which his
friends claim that he has uniformly pursued
His term of service in the Senate was, we
believe, in the years 1896 and 1887, after
which he was elevated by minority to the
station he now holds. During his service
in theSenate, the bank making mania reach
ed its height, and in those two years some
eighteen banks were created, and those
eighteen, Gov. McNutt, that apostle Of hard
money /. that great bank hater, was found vo-
ting for FOURTEEN with. an aggregate
capitalpf more than SEVENTEEN MIL
LIONS OF DOLLARS!!! And now what
banks were they that our hard money Gov
ernor aided in cursing the country whit
Are they generally good and solvent insti-
tutionsf On the contrary, with one solitary
exception they are the meanest banks in the
State. and from the very nature Of things it
must have been knopn that great majority
Of them neper srould be worth any thing
Yet did Governor McNut vote, for them-
yet was he found sustaining them upon all
occasions. Fourteen banks with seventeen
millions Of capital, has Gov. McNutt been
instrumental in fastening upon the people
of Mississippi with their QUADRUPLED
MILLIONS of worthless Paper; and yet
says he, have dl,cays been opposed to
banks! To sustain our position, need we
name thirteen Of the meanest bank in Mis-.
sissippf Need we point to the Benton and
Manchester Rail Road and Bunking Coz"
| Need we name the "Mississippi Shipping
Co?' The aLake Washington and Deer
Creek Rail Road and Banking Co" The
1.sCommercial Bank Of Columbus I" The
"Commercial Bank Of Manchester" The
1 "46erbeen and Pont0toc Rad Road and
Banking Cor The aNorthern Bank Of
/ Mississippi % The"Cl9IZENSBA BANK
OFMADISON COUNTY!' The Bank
/ OF GRENADA. % The "B1nk of Lez-
ingtonn' The g Vicksbug Water Works
| Bank - The !" fernando Rail Road and
Banking Co % The 1ombigby Rail Road
and Banking co.." and last but not least,
that beautiful shinplaster concern, the par
ticular and especial favorite of his excellen-
. cy, the BANK OF VICKSBURG! Not
only did Gov. McNutt vote for nearly every
Bank charter that was offered in the Legis-
azure "nen ne was sneinoeI u .ne zen
ate: ~. ne actually oneled resolutions pro, pro
~ sIONyC ~ no. ne = ~ ~.
saso IA ~ ~. c. ,,,,aaa ,a;..-.s ~,
I ..a nix ~ s. ..,s9' -.
=, e .s.sa,ss. 80 All a1,.,
did he offer resolutions ia the Senate propo-
Ising to increase the banking capital Of the
S 49, $500 = sas. .s - -.
naa ~ ~ 80. 1900 = -. ~ I =
,ha s. - terms the ;.sasncazo g posi- q:
MorrSH A. ~. 49, :. ss.:-- = !,
~ r NM. '' 49,, 800 49,. $500 8,
49, -, p 80; sfpnsT No r -.
,hs, "a ,, - ;.,,.l.
of the M;ssiss;nn; Ler;sIs,nreT r. 81.
then are the people of this State indebted 70,
the swindI;nc banks which have been eat.
mo ont our verv snbstance. To ~ then
thew are Indebted for ahe millions of worth.
less and degraded paper, which far two
wears ha, cursed the land. rs him are
lthev indebted for Tie mill;ons & deprecated
J. pOSSTN()TES which have s. s1 ikrowl !, ou
= shoals Nv the hanks &c lis 6rS.tion.:l ~
him n 3 great measure..s,.e. de- people
J ;ndsbaed for that system 81 baking which
sss i, sven over this State IKE 'Destilence
Il r;'be,;na .1sr ~ ,b;oa s 4,
!, e oas Sc - y 30 D
Do the people q mississippi si., !. con