Lexington union. (Lexington, Miss.) 1838-18??, 1840-09-05
LEXINGTON, mississrrrl, SEPTEMBER 5, $40.

ALUDh NJ tHc pIOpuOiiIfJ " VIE $500 =
story! Isitt, be supposed that, knowing
the fac; that my relation would not accept
a place in the bank, and Thai be had but
just so declared 10 one Of its directors, that
out Of the pure love Of dishonor, and with
out . motive, ] should nssail with idle
bribery the chastity Of this Immaculate
bank PRESIDENT And he il seems was so
choked with Indignation that he did not
reply; but mortified with the enorinity Of
the proposition, he remained choked with
silence until his bank became insolvent,
and until he himselfh had sunk down under
The false and cruel species Of assailment
to the lowest depths OF degradation and
public odium, until, in short, be hassbe-
come TO be regcsded as public swindler.
Does any one suppose, can any one be.
lieye who knows the viDdiciive character
Of Runnels, that, had he been in possession
OF such a charge against me, WHICH, bad
il been true, would have destroyed the ef.
feet Of any thing might have said or
written against his bank, that he would not
have published il more than year ago!
This base Galsehood is only an after
thought, resored to when he is as bank
rupt IN truth honor, and rcspectabilily, as
he is ia fortune, and is most impoieni
effort Of q man reckless alike Of meansand
character, to drag me down TO The level Of
his own disgrace.
Oae word in relation to the rejection Of
this "large note" by the Bank, because il
was not well secured, of which Runnels
speaks in his publication. This note was
for the sum Of three thousand dollars, Col.
A. Il. Saunders, and Col. w. c. Richards
Of the Planters Bank were my securities.
1T was offered in December, 1888, and
the reason assigned for not disconnting il,
was, that the Bank was doing nothing but
cotton business, mol that il was not well
secured. II was 10 chain money for my
brother TO use in his business, which he
subsequently obtained Of the bank on
bill Of exchange for $4,000 accepted by
KICKER, HADLEY, & Co. The note,
some months afterwards, when they were
discounllng for every body, was presented
again and rejected, with such remarks and
in such Kramer as left no doubt that my
opposition TO the policy Of the Bank pre-
vented my obtaining the loan. was not
in much want Of money, and presented il
the 2nd lime more us an experiment upon
the liberaliiy of the directory than anv
thing else. was not disappointed in the
result. As TO the amount and solvency Of
the note, am quite willing that il should
be compared with any one ever offered by
any director. will also add, that It 40.
pears from the Bank Report, thai the Pub
fishers Of the Southern Sun obtained up.
wards Of SS,0C0; one Of them $4,000, and
the other $500, Ihave no doubt il was
= fair business iranssciinn e. :. .i.---
gentlemen were concerned--ihey had the
same night 10 loans as other men. 1t onl,
shows that those y ho supported the policy
of the bank could get loans, and that those
who opposed it were less in favor with The
directory. My sentiments in. relation 10
the policy Of the Bank were known before
the note was presented the first time, which
! have no doubt made The note look SO large
and bad to the President.
To pursue still further the history or
my warfare OIL the bank and the imaculate
president thereof, the papers Of the Goth Of
April, 1880, and the Two following nun.
hers, contained structures upon the policy
Of the bank, but nothing that any candid
man will say should be offensive 10 The
directory. On the 3lsi ofmay | commen-
ced review Of the policy oflhe ba nix III
a series Of numbers, and finished The dis
cussIon in six articles. This was while
the bank vas flooding the country with rs
post notes in violation Of ldp, and when
everysman Of reflection saw that ii must
inevitably bring the bank 10 The condition
atwhich il has now arrived. / COM
menced those numbers by declaring; g In
The remarks, which we may feel called
upon 10 make in this discussion, we disa.
vow oil intention, unjnsily, to prejudice
the directory, and reflect personally upon
them Or any other individual. Our ob.
iect is much higher one---to point OH
the true interests Of the State, 10 show Tow
they have been disregarded how thew
might have been, and still may Be sub
served" Yet discussion commenced
and confined 10 this spirit, gave offence u
Runnels. His overbcaring and tyranical
spirit could not toIeratesany difference u
opinion, no matter how mildly expressed
He regarded The bank as private wind.
fall which he had rightio plumber al ais
erection, without being called 10 account
by any one. When | had published iiye
numbers, all in the most dispassionate
spirit, ] was one day passing down street.
when Runnels remarked, to highly res.
pec,able gentleman, there goes man i
shall be Obliged 70 Kill. He il aentls.
man, and a man Of talents, but the course
he is pursuing towards this bank will ruin
~. H. q