Lexington union. (Lexington, Miss.) 1838-18??, 1840-03-21
sY RyouEsTl
PUBLIC MEETING.

iht committee nominated 10 uralt IL Sultdule
preamble aud resolutions Tor this meeting ask
leave to report the following:
Whereas, The citizens of our county have
become embarrassed b, dehts Contacted under
a papcr ariency according to the custom OF our
couatry, custom which has existed Verslnce
our national existence, aul which has gown
with our growth, aud Strengthened With oor
strength. Ami, whereas, the state OF Mississippi
after the manher Of the Older STATES OF the tnoh
has assumed the right OF cbartering Banks, aud
,hereoy creating 4 currency within her NUTS, Il
TACT wen Known to all foreign as wei as domestic
creditors.
And Whereas, a great many Of osecreltors
are now refusing to take the currenty o the
ate, ami demanding spere, OF us equivalent,
IN The fImdatien utBeir ciaims.-Ilc commit.
ice have eudesNored to investigate the nature ct
( these circumstances, and ten ultimate conse-
quences
We know Of no law making specie, alone, 6
/ lawful tender, in defiance Of the custom OF the
country, except an ab.octc clause OF the con-
sttuiion OF the United states, which has nrNer
been nacucaly respected by any OF the States,
nor, until Nety recently by The general Goycih-
ment -1Acteore TO admit tAai all clcditors
have right under such a rule 10 enforce the
collection OF specie, would be, ia eject admitting
-f SNA SN'AHhtit tS bttA "a ttt''tit ~ i''N
crafty and cunning to eAl.ap the uususrectns
productive classes, who generally contract debts
according 10 too u-ages OF the country.
AltVlth,tanding we ieel great so'icilade fof
the Establishment Of a sound and unilorm cuucn-
cy--and though we would be glad to see tie pee
PIE Pat on guard by cnactiHcuts prohibiting tie
collection Of any other kim, by legal process, On
all dChts hereafter contracted, YET We can
not bat view Wdh abhoHence ana indignation
tie demands tor specie, ortts equivalent Oh claims
cohttacte under tie most au.pl,iiu clrcumstgn- (
ces-ay winch the dc. tor would lose nom thee I
20 ten times the consideration that he received, +
he ultimate consequences OF which would be
that man who has Is long cousc Q honest m. /
dustry and economy accumulated an estate
worth $4,000, and should owe a debt off o.
$4,000 woud be reduced to lc-gaty-thrir Gp.
iy sript OF their home aud prugciy-the b,rd
earnings OF many wears sweat ana toll AM
What makes snch a demand at this fnc Ell
uOfc assrayatiug, is that ne cotton eron ~ ~, i
couulry has been exchanged for His..s,p1, f,,,,.
At The aHe those debts were eoutrari,.. ,l.r,
was little or no specie IN circulation ,,,I 80 ~,
been SINCE, it wa. inuos.bo n oh, .,, r. i't
silver then. IN otl1itiiias .ul,,;.nt ~" ''''
and 81 il i,s r.,,,,,,cd orIr ';'e " I'@ Grtis,
specie was aufjciD.tpr by tbe c,ol. - Ii"t
plom,ed hv the debtors. 'cyara,,.d 49, ~
a. t'',.,'',a ''o''' Hi't'>s.o or mFFtl,
rhdc. what NONE bii liar, tr,I NH ~ r. VIC ecu
We La.,,',a,.t''' 'o''' IeiVf. II
cran ,,ns,,oI r,,rr2'.,, s''o' 49, nFocaes
man ard nar--tl,a, ~. ,r,,,'t e1,"5 0etWeeh
= ror.,I"'.to, o,..,',l',, '''1' E..oHI receive
irbtor rsrc;,sI '""' "Ach tie i
~, ho.,ayo Ih,t ,Cu !
81 "a '""' '''o SAFE u property Tor god
open vide sprinp DOH for hanl, would