Piney Woods planter. (Liberty, Mi. [i.e. Miss.]) 1838-1840, 1839-08-03

matter Of astonishment that the whig |
presses should make assertions like
these which the records Of the country
disproye, but it cannot help creating
surprise that gentleman, SO Proml-
ncnt as Mr.. Prentiss, should so far for
got himself as to indulge in such asser-
tons to bolsterup the fortunes ola sink
ing party.
1t is extraordinary that he should
make such statement, when it is well
known that he did not oppose single
bank charter during his service in the
! legislature. but on the contrary. sup
ported warmly most Of them, il not all.
4 Ills vote does not stand recorded
against a single bank charter during
the period Of his service in the lcglsla-
ture of this State, although he was an
active and leading member. lie isl
known to have been in favor OF the
passage of the Lake Washington and
/ Deer Creek Railroad and Banking
company; he is known to have been
i favorable to the Commercial Bank oil
Natchcz and the Union Bank; he made
a speech in favor Of the BRANDON
BANK, and his vote stands consplcu-
ously recorded in its favor! Before
the bill was put upon IFS passage, Ghol-
son ldcmocrat) mosed to lay it on the
table for this proposition, there were
thirteen votes, two ofthem wings and
: eleven democrats; against the PROPOSE
ton there were forty-6ve votes, among
whom spoke and voted Mr.. Prentiss OF
: Warren, as well as Adam L. Binga-
c man the present wing candidate for
S Congress; and he also supported every
+ other charter passed that session. Here
$ arc the two leading wings of the State
found side by side in the support OF the
s wing banks as far back as 1886. The
5 banks chartered that session, the Bran
2 don Bank, the Commercial Bank Of
' Natchez, and the Lake Washington
J. Bank, were projected by wings, loca'
n ted in wing towns. and ever since man
). aged and conducted by wing direc
d tory. Are they not wing banks?
e 1t is true that, in 1886, the subject
Of the banks had not excited so muct
c attention and discussion; the project
r ors Of them were stealthily urged then
l. through the legislature, and their mnl
II tiplication did not excite much alarm
d vet it is true that what opposition they
(. did incur, came almost exclusively tron
of the democratic party, although the par
,e ty lines were not strictly drawn.
,e Gov. McNutt was then in the Sen
d ate, he and r. A. lEargis only vote
to against the charter Of the Commercial
e. Bank of Natchez, both demoe rats
A. McNutt moved to amend the charte
Mt requiring the bank to pay bonus 6
&. one hundred thousand dollars to tn
rs school fund, but this was rejected, Nc
IL Mutt, Hargis and Cooke only (all den
err ocrats) voting for the amendment. 4
lis the same session was chartered tn
lis Pontotoc and Aberdeen Railroad an
m Banking Company, against which W
to ted only two senators, Sharpe and Tia
K. gis, both democrats. In the House co
re- ayes and noes were not called Oh til
in bill, and the vnteis not therefore know
Several other charters passed at tn
nd session, appear to have been adopte
10 without a call OF the ayes and noe
ks and it is not now possible to state n
I'M relative votes ofthe two parties. M
he Mutt in the Senate, introduced resoi
"a tons for the purpose of limiting Il
,at amount ofthe banking capital, but Il
en- resolutions were rejected by the VIII
oil members. At the session OF Januar
or 1887. there was no general legislatio
10. and therefore no banks were charte
by ed.
ne AT the May session Of 1887, star
ut was made against the banks in the
la gislature. and a comparison OF Il
en- votes will prove incontestibly that Il
Nv opposition to bank charters came fro
{ democrats. The wings assembled tn
al session clamorous for the multiple
q ton Of banks, and the increase OF bal
a capital. They believed that to ma
banks was to make money, and til
,all shinplasters were sovereign RENE
.et- Cor all ills. Accordingly, the first me-
al ure they introduced was the bill to
70 tho,ize the issuance of this intamc
sed post note currency. The post ne
IA measure was recommended by %
The lynch 1.-THE wing Governor) in his m
set. SAGE to the legislature. lie went il
oD.l an argument to prove that these pc
he notes would not depreciate, but shot
to be issued payable in ID months a
not would Iclieve the country. Gov. Ign