Liberty advocate. [volume] (Liberty, Miss.) 1835-1866, 1839-08-15

by the resignation the Hon. James Walk
A. G. McNUTT.
All parties profess TO admire consistency in rpb,o
man Consistency thou art a Jewell" ia +, m,vi,.
found in the mouth ofeyery one, while very fewp.on
term understandngy. Anciently consistency was foe,
ed by the steady pursuit Of principles not men, bn
the science Of demagogucism has undergone spcb vac,
improvement in the school of modern democracy, tina,
consistency now, means to follow generally in the
footsteps Of my illustrious predecessor" This de6p
ton, however, is found only in the demagogues ,i
con, while the great mass of the people, although
sometimes deceived, still adhere to the term as defined
in the purer days of the republic. Believing that there
are many patriotic individuals in the democratic ranks
who have been deceived by demagogucs, and who
love consistency and despise every political aspirant
who regardless Of the welfare Of his country changes
his principles with the seasons for the sake Of popu
srity, we are encouraged to lay before our readcrs
sketch Of the political history of the democratic candid
ate for governor believing that his defeat depends
the future prosperity OF Amito and the credit and hon
or of the State.
In 1885, ALEXANDER G. McNurr, made his 2eJaton
the field Of politics in Mississippi. Gen. Jackson had
removed the dcPostes, and by his direction the Secr
tary Of the Treasury had recommended TO the State
Banks TO extend their accommodations, in order TO
show that they could furnish good currency as tho
United States Bank and that such an institution WA
not necessary to the prosperity of the country The
State Bank System then the prominent feature 81
democracy. The charter Of the New Orleans and
Nashville Rail Road, and the Union Bank were the
most interesting questions of State policy The river
Counties generally opposed the New Orleans and Nash
Vile Rail Road the g.ound that it would destroy the
Commercial towns within the State and make Msss,
sippi mere tributary to Louisiana. 1t was at hb
crisis that A. g. McNut entered on his political career
What his opinions were then can be learned from the
following extract:
From the Vicks51g Wing.
In looking over file Of old papers a few
days since, we found a circular issued by A. G.
when he was a candidate to repre-.
sent the counties of Warren and Washington
in the State Senate. 1t bears date 10th Seplem.
Der, 1885, and in it we find the following EN-.
Phatic language:
II 6eliere the present banking capital ofhs
State totally inadequate 10 the wants Of the poo
pie. The Stale is populating 10 til unerample1
rdPidtty, investments made in planting and com
oaercidt pursuits insure great and speedy profits,
md our citizens are enriched By borrowing mon.
'y and investing 1t in almost any kind Of proper
y, and in every Kind AZ business" After utter.
ing this declaration he goes on to complain tina.
the whole planting interest Of the State is tribu-
ary to the merchants and shavers of New Or r
cans, and says: "IHiS system must be broken
Il tIa la . l., L., oh
ering Un1on Bank Nth su6fciency of capital
o supply The wants Of The people,"
By making a solemn pledge to vote for GeorgcPon
iexter for United States Senator, McNutt was elected
o the State Senate, and adhered to his principles by
'otng for the charters Of the following Banks
"Benton and Manchester Rail Rad and Ban.
ing Company" "Mississippi Shipping Compa,
49," "Lake Washington and Deer Greek Rail
Road and Banking Company" "COmmercial
Bank Of Columbus" "Commercial Bank o,
"Abcrdeen and Pontotoc Rail
Road and Banking Company" "Northern Bank
T mississippi" "CitizenS Bank of Madison cOua
D" Bank of Grenada" "Bank Of Lexington"
VICKSBURG WATER WORKS BANKMW
BANK OF VICKSBURG! !m"H fernando Rail
toad and Banking Company" "1ombigby Rail
load and Banking Company" "Brdnch Of Tie
ericultural Bank al Athens, Monroe County"
Here is list of fifteen Banks which ALEXANDER
McNUTT voted for as appears from the Journals
the State Senate. Thus far he acted on the primer
es contained his circular to the voters Of the Cour
,s of Warren and Washington. He also borrowed
oney and invested 1t in lands for speeS 'oH' Out no"
UGH he was 'enriched" thereby does not appear Of
cord. In 1897, general suspension OF specie pay
ont by the Banks took place. and McNutt was thon
g loco foco candidate for Governor of the State In
spring of 1897, he published circular letter to the
ople of Mississippi, from which we make the follow
& extract;
"The great pressure al present ertSting IN COG
/, state of the Union, as nell as IN Great Brit
n, engages the attention of US all. Iattribute
c distress to the great increase Of banking capt.
], 10 ouertrdding and wiid schemes Of specula'
on, and TO an unwiSe system Of legislGtionby
ongreSS in raising more money than acdS DeceS'
jry for the Uants Of government, and then pass
q laW for the distribution Of The surplus
nong The vaTi0uS states"
From this it seems that McNutt the candidate ioF
overnor in 1897, was Of a very different opinion rom