The Yazoo City Whig and political register. (Yazoo City, Miss.) 183?-1840, 1840-01-31
1ateetaetppt AeplsIatnre.
lFRoM THE FREE TRADER CORRESPONDENT.
SENATE.
JACKSON, Jan. 9Th.

fee. The President then announced thS
following standing committees:
On the Jud;ciary-Messrs. Tucker, Far
rar, Alsbury, KERN, Campbell, and Mar
shall.
On Claims.-Messrs. Marshall, Coffee,
Green, Thomas and Smith.
On Accounts Coffee, Miller,
Ives, Mathews, and Love.
On ReUiscd and Unfinished Businets.-
Messrs. Campbell, Cox, Bell, Hill and Lee
hors
On Propositions and GrieUances.-Messrs
Kyle, Ker, Gilleland, Humphries, and Smith
On Enrolled BiIIs.-Mossrs. Mathews,
Campbell, Green, and Ives.
On Ways and Means.-Messrs. Camp
bell, Kyle, Cranberry, Gilleland, and Watts.
On Elections Walton, Wall,
Philips, and Bell.
On Education.-Messrs. Farrar, Bell,
Marshall, Kyle, and Thomas.
On FTnGnce-Messrs. Alsbury, Philips,
Miller, and Hughes.
On State RetGtions.-.Messrs. Miller, ker;
and Walton.
Mr.. Miller asked and obtained leave to
bring in the following resolutions which by
rule must lie one day on the table:
Whereas, in the first article of the Const-
tuition of the State of Mississippi, it is de-
clared, when they form a social compact,
the people are equal in rights, and that no
men or set of men are entitled to exclusive
separate public emoluments or privileges
from the community, but in consideration
of public services, and that all power IS IN
herent in the people, and all free govern
ments are founded on their authority and
established for their benefit, and they have
at all times an inalienable and indefeasible
right to alter and abolish the form of govern
ment in such manner as they may think ex-
pedient.
And whereas, since all free governments
derive their authority from the people and
are constituted for the preservation of their
liberty and promotion of their happiness, and
as the functionaries of the government are
simply the agents of power appointed by
the people under a responsibility to perform
their will, they, as contradistingnished from
the body polite do not possess one particle
of power. 1t follows that all laws which
grant to the few the power to Cypress the
many, are contrary to the principles of free
dom and repugnant to the rights ofthe peo-
pie and therefore repealable by the supreme
authority.
And whereas, bank charter, from its ma
ture, extends and necessarily confines the
power and privileges, granted to the few, to
the exclusion of the many, therefore, if the
power and privileges granted in bank char
ter operate against the public good, it is the
duty of the Legislature, as the agents ofthe
people, to revoke such charters.
Therefore. be itresolved by the Legisla-
ture ofthe State of Mississippi, that from and
after the passage of these resolutions, it
shall be deemed lawful and competent to
alter, amend or abrogate any actof incorpo-
ration which has been or may hereafter be
granted under or by the law of this State, or
which is or may be found to exist within the
territorial limits Of the same, under any name
or for W 1atever purpose. whenever in the
opinion of the Legislature the public good
may require such alteration, amendment or
abrogation.
2nd Resolued, That the public interests
require, and it is duty we owe alike Jour
selves and posterity, that we shall arrest the
enormous evils of banking in this State by
a timely reveal of the charters of such ofthe
banks whose condition do not afford rea-
sonsble prospect Of their ability early to re-
cuperate, and also by amending the charters
of the rest, so as effectually to prevent them
from again abusing their privileges.
Mr. Mathews introduced Bill to repeal
the act entitled an act to increase the reve-
nue. of the State.
Mr.. Alsbury gave notice that tomorrow
he would introduce bill for reform of the
banking system, and to suppress unauthor-
lied banking.
Mr.. Mathews introduced bill for the ben
eft of education, which was read the first
time.
MIR. Watts asked and obtained leave to
Introduce joint resolutions, the house of
Representatives concurring, that the SEN
ate meet the House of Representatives in
the Hall of Representatives, on Thursday
the 9th Of January, at Ii O'Clock, for the pur-
pose of electing United States Senator for
the succeeding constitutional term of six |
years. Mr.. Cranberry moved that the rule {
requiring joint resolutions to lie on the table,
be dispensed with, with regard TO this reso- I
lution. The question having been put it was
decided in the negative. Il
Mr.. Alsbury introduced joint resolutions
as follows;
ResOIped. With the concurrence of the
House Of Representatives. that joint COM
mitteo of three Senators and-Repre- a
sentatiyes, be appointed TO examine into the Il
condition Of the Union Bank, with power TO a
,end for persons and papers and with in Il
,tructions to report to the Legislature fall
md ample statement ofthe condition ofsaid e
,ank. the securities in which said bank has 81
Iealt, both personal aEd real; the amount Of "
slaries Of the various officers attached tol b,
aid bank and branches; the liabilities Of the II
offers and managers thereof aud such 9TH tn