The Yazoo City Whig and political register. (Yazoo City, Miss.) 183?-1840, 1839-09-13

81 tails, one VII be almost rapt with admire
ton and gratitude ior the patriotism viii
which itseems invested. Tut wien Ii il
, thus closely examined, we End that il au.
thorizes the raising Of five milliors OF dol.
lars for The purpoge Of constructing q raj
! road and latersls, 10 commerce It Missis.
! sippi City, politically, provided the owners
: of SAID city shall appropriate to theconstruc-
Ition Of the road, one half Of the nett pro-
lceeds Of The lots remaining unsoId III said
! City. At all erents the uain road is to COM
mence near Mississippi City, and extend .
some point in Pontotoc county.
i Even could the Eve millions be readily
borrowed, it must have been known, that
this sum would be far from sufficient to con.
struct rail road extending quite the whole
length Of this State. Should the sum be
borrowed, the whole State would, in fact,
be taxed to pay for a rail road, extending
from a point on the sea coast near Missis-
Esippi City, through about one half of the
Length Of the State. And whether the said
Esum should or should not be loaned, the re-
suit would probably be demand for the
lots Of the above named city-so that the
time Of the legislature would prove to have
been occupied chiefly for the benefit of few
town lotrpeculators. in the passage Of this
act.
The fact that, At the time this law was
made, American securities, and more esPe-
cially South Western securities, were not 81
all saleable, furnishes the strongest presumP-
ton that the legislature and Governor must
have known, that TO then attempt the achiev-
ment Of this measure was palpable-utter
folly. This fact, combined with the re-
markable determination Of the Legislature in
regard to the point where the road shall COM
mence, induces the surmise, that there
may have been an eye in the whole matter,
rather to the assistance of town lot specula.
tors by legislative enactment, than to aught
else. Why, if the best point of commence
ment was at or near Mississippi City, require
that 10 place the same at the said City, the
proprietors thereof should pay more than
other persons? And why again. at the same
time say, that at all events the road shall
commence near the city-uniess it was in-
tended that, by some legerdemain of words,
the proplietors thereof should at all events
have the advantages to be derived from such
peculiar location Of the commencement
In addition to this, when i. is remembered
that it is absolutely necessary for the success
of the rail road and the welfare of the State,
that the road should have, at one or the other
end Of it, good harbor for vessels of some
size. and that Mississippi City is situated
Immediately on the shore of the Cuff of
Mexico, without having near it any thing
like roadstead or other safe anchorage for
shipping; it becomes obvious that this mea-
sure of Internal improvement is merely
aouainGL, and that our surmise, in regard 10
the intention Of the measure as above ex-
pressed, is built upon a foundation less sandy
and more sure than the foundation of the
youthful city itself.
Surely our Governors head, weak though
it is, must still be strong enough to have
comprehended all this Yet, he readily APP
proved the measure-it had name to please
the peoples ear. We do not wish aught
else than prosperity to any thing bearing
such an appeilation as that Of Mississippi
City. Eur let it derive lis prosperity from
the hands of those only whom it viii benefit
from the wealthy and enlightened indi-
viduals of our land, who have time to de-
vote to pleasure, and who can be highly
gratifed by IFS fine sea-bathing, its pure rea-
breeze, its epicurian Injuries. and the sub
limating contemplationoft the trackless, bound-
less and eternal ocean.
Fortunately, however, for US, this seeming
measure of Internal Improvement requires
the sanction of another Legislature, before
| it can become Law. In the mean time,
we shall fully chide those so far engaged in
its advancement, and see that orr future
legislatures and Governor do net even at
tempt to increase, unnecessarily, the debt
of our State, by the approval of this project.
The disorders of Mississippi Currency.
We have stated that The principle cause
lof the disorders in our local currency is the
want Of a system of domestic exchanges.
And by this we mean simply, some means
Ter facilities by which remittances of money
can be made from place TO place. at small
cost, say under one per cent, without an
actual shipment Of produce ormanufac,ute.
Now, money cannot be sent from any part
of the United States which is in debt, to
lpart ont Of debt, without shipping a COM
modiiy or article of trade, unless at enor.
NOUS cost. We do not theorize when we
speak Of system Of domestic exchanges;
for we have seen and experienced its oper-
alton. We have seen that exchanges can
Ehe conducted and renittanees -mada from