Liberty advocate. [volume] (Liberty, Miss.) 1835-1866, 1839-09-05
JOI.
~ AdrGedte.
Governor McNUrT and $


~ Adr0edte.
Governor McNUTT and seA WALKER
Mr.. EDrroK In the Advocate fl August the 18th
you show by specification that A. G. McNutt, tn
present Governor, voted for charterng fifteen of tn
Banks OF this State, In this showing Mr. Editor, 70,
have really surprised me; for | did not know unit
saw your statement that Mr.. McNutt had ever 70
ted for, or in any way eountenanccd banking nsti
tuition in all his life, never saw him but once anc
that was the time when lie made his electuneering
speech at Liberty, The general drift of that speech
was so hostile to al banks make the impression
that he had always been a decided snti.ban man.
we'll recolleet his saying, that occasion, that
there is no repubcanism within the walls of ban.
king house" Now, Mr.. Editor, as | am quite igno.
rant of the doings in banking houses this sentence of
Mr.. McNutt may be just for any thing know to the
contrary And if there really be no republcanism in
banking institution, it must be all aristocracy of
course. What then must | think Of the professed
democracy Of Mr. McNutt, who ted for fifteen arts
tocratc institutions, in the course Of two three
years3 And ii banks be so corrupting in their ten
dency to repubIcansni, and injurious also to the
currency, as he now asserts, then Mr.. McNutt has
committed, against hight and knowledge an amount
of political crime for which be can never atone
Fifteen aristocratca institutions! Fifteen currency.
destroying machines! No wonder then that our poll.
tics are corrupted and cur currency degraded far be-
low that Of any other State in the Union.
do not find the Union Bank in the list of banks for
which Mr. McNutt voted. No, he voted against that
after recommending it, Now the Union Bank is foun.
dpd solid nd tbo
tate of resident citizens the abiding cuyators of the
soil and the obj ect Of it is enable the planters gen
orally to hold stock, OF obtain loans, on the security
Of their own fast immoveabe property-e privileged
which they cannot enjoy in the other banks. If there
be righteous and safe principle of banking in any
State that OF the Mississippi Union Bank is one But
MIR. McNut opposed this general and equitable nsti-
tuition, whilst he gave his support to the local and
worse than worthless banks, which have contributed
so much to njure the currency, the credit and the
character of our State
You show also, Mr. Editor, by quotations from Mr..
McNutt's own circulars, that he recommended in.
crease of banking capital in 1885; and that in less
than two years thereafter he complained of increase
Of banking capital. You show, likewise that not
twenty months ago, he officially, Governor of the
State recommended the issuance of post notes. which
he and other leaders Of his party condemn
most injurious measure.
In The Advocate of the 22nd of August, you take
up the inconsistencies of Senator Walker, and show
from his letter to Senator Black that he de-
cidedly disapproyed Of the removal OF the depostes
when he thought "the public voice loudly demanded
their restoration" Yes, the public voice against
this measure for q while; and Mr.. Walker doubt
thought that the General in a hopeless
and hence his boldness in opposing him. But he was
mistaken. The popularity Of the Hero was too firm
to be Frustrated in consequence Of any rash runou
measure that he nigh: choose to take. He persisted
his party yielded and Mr. Walker quietly returned t.
his duty and obsequously followed in the footsteps
again.
You further show Mr. Editor, that little more
than two and half years ago, the same Mr.. Walker
in a speech in the Senate of the U. States denounced
the project of gold and silver currency, in strong
terms as he now dcnouncos a paper currency III
condemned the former then, because he believed al
he said that it "in direct opposition to the views
of the President" Now be it observed that the Pres
dent had at that time completely recovered from the
shock produced by the removal Of the dopostes, and
was as firmly fi&ed ever in the jealous attachment
Of his party which constituted large majority of the
nation. Had the result been otherwise Mr.. Walker
would unqucstionably have deserted his cause.
Finally, Mr.. Editor, you have clearly shown the
most glazing inconsistency in the two most prominent
and influential leaders Of the democratic party in this
State 1t is too glazing to be tolerated by any people
who respect themselves. In short it is insult to
the feelings Of all who regard the dictates Of common
sense II is saying virtually to the whole people of
Mississippi, as follows-lt is true we have been, and
that not long ago, decidedly in favor of paper cur
rency and arc now entirely against ~ yet we have
notwithstanding this change, unEeviatngy followed
in the footsteps" Of our lustrious leader. We are
still pure uustcncd democrats Of the Jackson school
and although we have changed our views and Prnci'
pies, VIC ycaousy retain he and strictly adhere
20 the party and this, dear fellow citizens, is enough
70 tatfy you that have an imperative and unaoa'
ting claim to your support for tho two highest Office
which tho State can confer"
Par n0bfss fIatrutnt .and must this gieatand grow
ing country continue 10 be misgoverned by such
shSme!eSs changlinCsl --
A CALM OBSERVER.