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

From the Vicksburg Seminal.
CoMMRRclAL AND RAIL RoAD BANK
uS. DR. HA0AN, EDIToR OF THE SENTINEL
An article has been going the round
Of the Eastern papers, stating that DI
Hagan's property was advertised and sol
for loan obtained from the Rail Roa
bank of this city. This however, is t
false version of the affair, because in tn
Sentinel of6th April, DIR. Hagan,, the ed
tor, (now absent from the state) declare,
fthat he never obtained loan from an,
bank in the state The article which W,
copy from the Natchez Free Trader give
true history of tho case. We did no
believe that the officers Of the bank here
and the Commissioners at Philadelphi;
who lately examined the bank, would pre-
sent false issue; false we say, becaus,
thoy all knew, Dr.lHagan nerer obtainet
discount from The Bank But DIR. Ha
gan had exposed some of their malpractice
cs,-like Shylock they wanted the s'pount
Of fesh," and like that celebrated Jew
exclaimed!
If (we) can catch him once upon the hip
(We'lD feed fat the ancient grudge (we) beal
him;
lie hates our sacred (Bank;) and he rails
Even there where merchants most do congre.
gate
On Gus, our bargains and (our) WELL WON
THRIFT
Which he calls INTEREST. Cursed be (Our)
tribe
If (we) forgive him."
From the Vicksburg Drily Stint. April g.
"As we already, observed, we have ne
yer, either directly or indirectly, obtained
an accommodation from any bank in the
state; aud we can say further, what per-
haps few others in the state can say, and
what one cashier in this city can attest,
that we have been invited to present our
paper for a discount Of $500, with the as
surance that it would be granted. We
declined the offer, which was made through
pure personal friendship, we have not the
least doubt, and at time of the severest
pecuniary pressure. We could have used
the money at the time; but as we had
much heavier debts 70 collect than we had
to pay, VIC thought itmore prudent to de-
cline the friendly offer and make coliec-
tions.
"But supposing we had borrowed money
from the banks; are we not as much enti-
tied to bank facilities as any other editor
in the state, doing the same amount of
business? Aud if we had borrowed mo-
mey from the banks, would that be any
reason why we should not expose their
abuses?
In the Philadelphia North American Of
the 26th June, we find the following:
The Vicksburg Wing says, that the
property of the editor of the Sentinel is to
be sold for debt due the Rail Road bank
OF that city.
The following VIC find copied into The
Ni.ksburg Wing Of the 18th inst
We have frequently noticed the war
carried on by the editor of the Vicksburg
Sentinel against the Commercial and Rail
Road bank Of that city. No epithet was
TOO infamous TO be applied to it or its off
GERS, and the inhammatory articles have
done much to create distrust towards it.
A perusal of an advertisement which APP
pears IN the Vicksburg Wing, however,
removes any astonishment we had felf--
FROM this we find that the property of the
editor Of the Sentinel is to be sold to sat |
isty debt due the bank. The editors
denunclatlons now lose. all their force, i'll
they ever had any, and we marvel not at
their Observation-Disclosures Chronicle.
BANK TRrcKs.--lt seems there is no
trick or fraud too mean, low or contempti |
BILE for the use Of the baak gentry Of the |
present age. We have case in point
from the express slip of the Herald and
Sentinel Office Of Philadelphia, under date
OF June %. Ii is well known to this COM
plJnity that DIR. Hagan of the yicksburg
sentinel, has been interchangeable in his cf-
forts to expose to the public the iniquitous
frauds and base thieyery Of the banking
institutions Of this State. The stockhoi-
ders Of the Rail Road Bank ofVicksburg
feel that such expo3ure-that the state
ment Of facts and proof Of iniquity-has
deprecated the value of their stock fifty
per cent. Now it is important to these
stockholders to nentralise the effect of
those truths which DIR. IIagan has fearless
ly heralded forth TO the world. In at
tempting this it was necessary TO show
that he has acted from improper motives.
Accordingly, they employed the Herald
and Sentinel to publish an advertisement
for trust sale of some ofDr. Hagan's pro-
perty by the Rail Road Bank of Vicks-
burg. The remarks accompanying the
advertisement were intended to convey
the idea that he wrote against the bank
from malice because the bank had adver-
tlsed his property for sale. Connected
with the same article is a notice of the
late examiners of the bank on behalf of the
stoc kholders, to give show of authority
tor the lnuendo that Dir. Hagan is indcbt-
cd to the bank.
The fact is, DR.. Hagan never did obtain