Southern Argus. [volume] (Columbus, Miss.) 1834-1842, 1840-07-14
LAW AGAINST UNAUTHORIZED
BANKING.

1uat inc puDlC may nave clearer ull-
Outstanding of the law passed at the last
session Of the Legislature of this State to
prevent Unauthorized Banking &C., we
subjoin the 9Th and most important sec
ton contained in the Act:
BE 10 further enacted, That sixty
days from and after the passage of this
Act, it shall not be lawful for any per-
son or persons, or corporation, TO pass
or offer to pass, as money, any bills, !
promissory notes, commonly called !
shinplasters, or other evidences Of |
debt, issued by any person or persons, |
or body corporate, not authorised By !
the lalos Of this State, to issue Bank |
Notes; and any person so offending,
shall, upon conviction thereof, before
the Circuit Court of the proper County
be fined in the sum Of ONE THOUS-
AND DOLLARS"
The law contains another section against
issuing, by persons not authorised by law,
"Any bills or promissory notes or other
evidence Of debt, as private bankers, for
the purpose Of loaning them or putting
them in circulation as money" under the
penalty Of ONE THOUSAND DOL
LARS; and also a Section, at the conclu-
sion Of the act, that the law shall take ef-
feet and be in force from and after the Attn
July 1910.
There is one feature in this law, set forth
in the section above quoted, TO which we
would call very special attention. 1t is
that the act to all intents and purposes for
bids the circulation of any description of
bank paper Of other states within our Dor.
dcrs-which all will perceive who read it
altentycly. Whether such was the in
tention Of the lac giver or not, we will not
pretend to say--but it is very evident
that such Is the literal Interpretation Of the
ialc. 1t will be for the people Of the State
to abide it or not-ior our part, so long as
| it is a law we intend to adhere to tiff for
no other purpose, at least for this impor-
taut end, that loco focoism may be filtra-
ted--bohed down, 50 that the people may
sec what manner Of stuff it is: and we
hope to meet with a second from every
man in the State--cnough at least to test
this nleasure,-let it be seen whether or
not there is gold and silver enough in the
country to give a currency TO one State IN
the Union-and let Mississippi, be the field
in which the experiment shall be tried.
The fed is clear now-come on We loco
foco Humbuggers, nothing doubling, anc
show that ye are something-or nobody
-9Se-
LETTER FROM GEN. HARRISON
e Our readers will see by the subjoinet
e correspondence that Gen. Harrison ha
met and fully refnted, the silly and unfoun
ded charges of Abolitionism and Federal
\ ism. After this, will it not be a Islander +
: say that he is, or ever was guilty Of enter
i tanning principles favorable to either c
/ them.-FayeifeUilie, (Tenn. ] Pap.
- RICHMOND, APRIL 18th 184(
r Dear Sir-The circumstance While
At this letter will explain, will excuse m
J. | hope, for intruding myself upo
If your attention.
Among the numerous charges VINO
have been put in circulation again
:. you by the presses and partizans
. LMr. Van Buren,, the TWO most relic
IN upon and deemed most potent IN Il
&c South, are-that you are a Federal
a and an Abolitionist. Satisfied fro
If. the evidence before them and the who
lid country, that these charges are equ'
" unsustained by truth, your frlen
ea have met, denied, and as they belie'
q, refuted them. Asthe prospect OF yo
10y election increases, however, and t
ell heart of the patriot revives with I
zee hone of the success Of one, from wht
ar he expects a wise, economical, a
,oP Republican Administration, the NAL
ia nifty of your enemies seem to increa
'o q and the spoilsmen become more re'
III Il. less and desperate in their efforts
an. retain the power by which they ms
Il their spoiis.-Of this, the conclus
ub. evidence will be found in the Ri
ew- mond Enquirer Of the 10th instant
Just a production purporting to be an
rip dress from the Van Buren, Cen
one Committee here In that addres:
is roundly asserted that you are T
ues- eralist and an Abolitionist, and
your friends in the South support
tn inc knowing that you are so. This st
pau ment is made here, with a knowle
n,s of the views entertainedby the w
- of Virginia, as expressed in the
dress TO the People Of the State,
{ the lished by their Convention, which
anu held in this city in the month OF