davidaulloa/AmericanStories huggingface dataset:
The Yazoo City Whig and political register. (Yazoo City, Miss.) 183?-1840, 1840-02-28
ADJoURNMENT.

The Legislature of this State adjourned on
last Sunday morning about four O'Clock
They passed the Bank Bill requiring re-
next January, and the Valuation
Bill. Save these they have done but little.
The loco-focos made great effort to get an
appropriation from the "empty Treasury"
to pay the beef and wine consumed during
Gen. Jacksons visit to the capital, but the
wings and the slender footed" democrats
thought that those that danced had better
pay the fiddler.
So soon as we can get such of the late
acts as are important we will publish them.
The Yazoo City Whig and political register. (Yazoo City, Miss.) 183?-1840, 1840-02-28
FROM WASHINGTON.

We were disappointed yesterday in re-
ceiVing our Washington correspondence.
The proceedings of Congress contained in
the papers which came to hand, are 10 the
18th ultino. There is little worthy of re-
mark, excepting movementin the House Of
representatives, which the Madisonian lust
ly styles ''another step towards reform. .
That body has adopted the wing proposition
TO procure the execution Of their printing al
the least expense to the Government. Now
the business, instead ofbeing a peruuisite Of
the sOficial Organ, will So let'out g the
lowest bidder. Thus have two great sour
.ces Of executives patronage been dried up, by
the taking away the printing Of the House
Of Representatives, and that cf the execu-
tive departments. The Hon. Daniel Web
ster and Nathaniel P. TalImadgc, arrived il
The Yazoo City Whig and political register. (Yazoo City, Miss.) 183?-1840, 1840-02-28


Entitled IAN act TO repeal so much Of'an act
San act'' entitled "an act approved May
IL, 1887, granting to the several banks Of
this State the psiviloge Of issuing post
notes, and other purposes. tt9
SECTION /. Be IL enacted BIZ tie LeQisIa-
ture oftbe State Of Mississippi, That SO
much Of the above recited act as makes il
lawful for the several banks Of this State to
issue post notes be, and the same is hereby,
repealed.
SEC. 2. Bet further enacted, THAT if
any Ofthe chartered banks of this State shell
issue post notes" or notes payable at fl-
ture day, intended to circulate as currency.
it shall be held and deemed forfeiture Of
their charters.
SEC. 8. And be it further enacted, That
this act shall take effect, and be in force,
from and after its passage.
]. SPEIGHT.
Speaker of the House of Representatives..
GEORGE B. AUGUSTUS,
President of the Senate.
APPROVED, Feb. 6, 1910.
A. G. McNUTT.
The Yazoo City Whig and political register. (Yazoo City, Miss.) 183?-1840, 1840-02-28
HIGH WATER.

The Mississippiis but just now beginning
to rise. And the probability that the Mis-
souri, freshet will be down before the water
from the region of the Ohio will have passed
off, give strong apprehensions of high water
perhaps an overflow. And thefear is ex-
cited by the fact. that an unusual quantity
of snow has fallen the present winter in the
upper country.
Well, our Yazoo Bottom planters consider
that in this matter they are mere lockers on.
For it is ceartain that BY the time the first
acre of cultivated land on the Yazoo shall
be inundated, every plantation on the Mis-
sissippi viii be ten feet under water. Attic,
this was not formerly the case, the assertion
is abundantIy supported by facts as well as
BY a regular train of legitimate and philo-
sOphical circumstances.
It is only very low land in our bottoms
that is at all subject to the foundations.
The Yazoo City Whig and political register. (Yazoo City, Miss.) 183?-1840, 1840-02-28

and personal and real estate, amounting in
value to SAT ,453 AZ, is not taken into the
above calculation and should be deducted
from the sum stated as the liabilities over
the resources of the bank.
1t will be perceived by. reference TO the
above statements. that the liabilities Of the
bank over its available resources at this will
exceed four millions Of dollars, and that By
the maturity of the May issues, unless large
portion of her bills receivable are paid, the
bank will fall short Of the means necessary
to enable her to sustain a specie payment
of her notes that it is essential to the solVen-
cy of the bank that she requires prompt pay
ment BY her debtors, or that she negotiate a
suficiency ofthe state bonds to enable her to
meet the April and May post notes.
According to the most liberal calculation
which the committee can make IN favor of
the bank, allowing that she can collect ten
per cent, upon the total amount of the bills
receivable. by the first of ensuing May,
which is large estimate, the deficiency OF
the available means to meet her circulation
and other specie liabilities at that time, will
be upwards Of three millions ofdollars. The
committee do not perceive any possible
means by which this deficit is to be provided
for at that period, or within reasonable
time there after. 1t is quite certain that
the present condition and future prospect
of the stock market forbid the hope that a
further negotiation of bonds for banking
purpose can be effected to meet this large
liability. There is no domestic demand for
these securities, and the foreign market is
already glutted with state stocks bearing
larger interest than our own, which cannot
be disposed ofon any TERMS
The board of managers of the bank have
adopted resolution giving to its debtors /,
II, 3d. and 5 years to liquidate their liablli.
ties by renewing the same on good security
This measure precludes the possibility Of
deriving a sufficient sum from the bills re-
! ceivablc to redeem her circulation within
any reasonable period.
For the purpose of ascertaining as near as
POSSIBLE the condition ofcotton transactions
in the bank, the committee required of the
cashier statement exhibiting the amount
lof cotton notes, with the names of the draw
ers and endorsersl the, amount realized on
cotton sold and the number of bales yet I'M
sold, which statement is herewith presented
as part of this report, and marked 6; also
exhibit marked 7, showing what agents have
not shipped or delivered cotton receiPted
for and commission houses and agents who
have not paid. From these exhibits the COM
mittee are enabled to make the following
report of the cotton transactions in the above
particulars, viz
Loaned on cotton notes, $2,292,245 l6
Received for cotton
sold and drafts a. - s
.gainst cotton ship
ped 964 ,467 Ga
Cotton in Lii
verpool, 9:545 bis
This year
advanced
on, 2, 455
$4,000 at S35 Or bl. 100000
The Yazoo City Whig and political register. (Yazoo City, Miss.) 183?-1840, 1840-02-28
$4,000 at $35pr bl. 100000
1884, 467 81
S9O7.777 81
Balance,

Balance, $9O7,777 "a
Being that much less than the amount ad-
vanced on cotton, and for which the bank has
no security except the cotton notes. This
estimate it will be perceived, cit made upon
the supposition that the cotton already sold
and to be sold will not exceed thirty-fve
dollars per bale, fifteen dollars less than the
amount advanced per bale, and also that the
agents will deliver or account for the cotton
reccipted for or sold by them; but if (Which
will probably be the case. these agents do
not comply with these obligations, we viii
find by reference to exhibit, that the bank
will loose by them the sum of $l6l 1856 80,
according to this statement, viz
Cotton sold and proceeds not
accounted for by agents, $l1s,247 80
Deduct amount paid by agents
Hodson & Gooch, %, 46l 10
"Irwin, Taylor, Ri
cker s. Co, l.l79 90
The Yazoo City Whig and political register. (Yazoo City, Miss.) 183?-1840, 1840-02-28
YAZOO CITY.
Friday, February 81, $50.

In our paper of to-day we publish a portion of
the report of the Joint Select Committee of the
Legislature, to examine the condition of the Mis-
sissippi Union Bank; we are unable to give more
than the tables enumerating the resources of the
Bank and the liabilities of the Directors. We
may perhaps publish the report entire at some Pc
Rod when our columns are not SO crowded with
I'D
The Yazoo City Whig and political register. (Yazoo City, Miss.) 183?-1840, 1840-02-28
YAZOO CITY THEsPIAN SOCIETY

On Monday evening last we attended the
first performance ofsthis Society, and we
must say were most agreeably disappointed.
All Of the parts were well sustained, and
some of them excelled what we have seen
at times, on regular boards, that of Glenal-
Won especially. The songs 'went off with
much spirit and the farce created much mirth.
Take it all and all it was admirable, The rep
etition of the first piece I''DoUglas''l having
been requested by several ofour citizens, is
sufficient proof of the quality of the perform
ance. We refer our readers to the bill of the
next nights performance. in to-day's paper.
The Yazoo City Whig and political register. (Yazoo City, Miss.) 183?-1840, 1840-02-28
NOTICE


ME undersigned, widow ofthe late Levi
Manor, will at the March term Of the
Probate Court of Yazoo county, apply for an
allotment Of dover of the following describ-
ed lands: The east half of the north west
quarter of section No. 2, township 10. rance
2 west; and south half of the east half of the
south east quarter Of section "a, townshiD
IL, range west and the east half Of the
north east quarter of section 8, township 10,
range west; and south half, east half, south
west quarters and south half, west half,
south west quarter Of section S5. township
II, range west; and west half, north west
quarter Of secnon2, township 10, range
west; and south west quarter Of south east
g uarter Of section 81, township II, range 3
west and north west half, north east quar-
yer, and east half, north wesi quarter Of sec
ton 3, township 10. range west Those
INTERESTED are notified to attend
/ LAXINLAs MANOR.
Feb. Is, 1910, SIT
The Yazoo City Whig and political register. (Yazoo City, Miss.) 183?-1840, 1840-02-28

Washington and took their serts in the Sen
ate, on the 9th ultimo. On the same dav,
ia the Senate, the bill to establish board
Of claims was discussed at full length. Also,
sundry memorials and petitions were pre-.
|sented. APetitiOn from Iowa, prayed for
the establishment of depot of armes and
ammunition, for Che purpose of guarding a.
gainst Indian depredatiOns. O. Bull.
The Yazoo City Whig and political register. (Yazoo City, Miss.) 183?-1840, 1840-02-28

BEWARE OF HIM.-A vulgar and suspicious
character, by name Samuel Hake, answer
ing the following description, took s'French
leave" OF YazoO City on the night Of the 18th
inst; and as it necessary for the benefit Of
the community, that such creatures should
be brought to justice, we give description
of his person, and the circumstances which
has induced us to stamp him a villain. He
was seen with 1910 in Union Bank biIls-a
hundred dollar notes, fifty and 8 twenty
dollar bills, each cut in the middle, the part
on which the Presidents name was inscribed
being all he had. These he tried to pass, but
could not effect this, in consequence of his
suspicious appearance. He afterwards Dor
rowed small amount ofmoney from young
gentleman ofthis place, and before he depart
ed, was detected in. the act of stealing
superb coat from room in the "Phenix
House." He is about feet, 9 or 10 inches
high, rather slim, light hair, grey eyes and a
lizard face. He had on when he sloped, a
blue jeans frock coat, cloth pants, and hoosier
cap. He has, as is supposed, gone to jack
son, where he will no doubt attempt to pass
his Union Bank notes. The Jackson papars
vii please copy.
The Yazoo City Whig and political register. (Yazoo City, Miss.) 183?-1840, 1840-02-28
REPORT
OF the Joint Select Committee of the Legis
lature to examine the
MISSISSIPPI UNION BANR


Mr.. PREsIDENT-The joint select commit
tee appointed by resolution of the Senate
and House of Representatives, instructing
them "to examine the condition of the Mis-
sissippi Union Bank, with power to send for
persons and papers, and with instructions to
report to the Legislature a full and ample
statement Of the condition Of said bank, in
Guiding the amount of notes both payable on
demand and post notes issued by said bank,
the securities in which said bank has dealt
both real and personal, the amount of sala-
ries of the various officers and managers
thereof; and such other information as in
opinion of the Committee, the public good
may require'-have had the subject matter
referred to them under consideration, and
have instructed me to report
That the committee proceeded soon after
their appointment to an examination of the
bank, and have given the subject that con-
sideration which the great and vital interests
of the State and the public voice demand.
Owing to the multifarious and diversified
nature of the subject, the examination ne
cessarily became protracted and difficult be-
yond the expectation of the Legislature.
It become necessary, in view of thor
ough and minute examination, that the
cashier should make out and submit to the
committee various statements from the books
of the bank; and accordingly the cashier laid
before the committee statements showing the
general condition of the bank, which state
ments are herewith presented as par: Of
this report, and numbered 1, 2 and 3; and
also statements up to the 9th inst. marked A
and S.
From these general statements the COM
mite are enabled to make the following con-
densed statement of the issues of the bank
and amount now in circulation. viz
Whole issue of notes, on demand, 100000 00
" g payable lst Aug. '39 2,450,O00 90
April and May, 40, S,479'500 go
The Yazoo City Whig and political register. (Yazoo City, Miss.) 183?-1840, 1840-02-28
InterroeafOrY.

Wonder if we have any City Council or
Constable, these days-ifwe have, we would
advise them TO pay some little attention TO
the present state of our sidewalks, We
have never seen our pavements thus encum.
bered, and we are sorry that through their
neglect, We are obliged to notice it at this
time. We can assure them that when going
10 the ''Thespians," with one of the stem
der creatures swung to your arm, to have
your shins broken by timber, SC, is any
thing but agreeable. We know it--oh, en-
perience! thou doctor of the times-what an
''upright Judge art thou?"
The Yazoo City Whig and political register. (Yazoo City, Miss.) 183?-1840, 1840-02-28
5O2.533 90
Total

Although portion Of the above sum is
reported to the committee as doubtful only,
yet the committee are Of opinion that the
sum is not far from the true amount oflosses
in that respect
Document marked Is, herewith fled as a
part of this report, will furnish the LegisIa-
ture with requisite information upon the
subject of the salaries paid by the Bank to
its officers. The committee cannot refrain
from the expression Of the opinion, that the
salaries paid by the Bank to its officers are
exorbitantly high. Il is the opinion Of the
committee that the service Of no man, how
ever talented, and however important his
duties, can justify these enormous salaries,
particularly IN 3 country which furnishes q
The Yazoo City Whig and political register. (Yazoo City, Miss.) 183?-1840, 1840-02-28
S7O7,O67 SIS

In the above statement the Committee
have not taken into Consideration anv 81.
ditional losses that may accrue upon he co,.
,on transactions of the bank; but ii IS not "a
De presumed that the loss viii exceed the
proportion lost upon bills receivable. The
enects Of the bank, including Office furniture
The Yazoo City Whig and political register. (Yazoo City, Miss.) 183?-1840, 1840-02-28
1854 90
S9I.6O6 80
le4.e62 05

1t is believed by the committee that very
little of this account will be ever paid bv
the agents, unless it is the item due by Mer-
rift, Jennings g. Co.
BY careful examination os the notes due
the banks, as to the solvency or insolvency
of the drawers an endorsers, it appears 10
the committee that the probable losses sus-
tanned by the bank on her ordinary dis
counts excepting the cotton notes. will be
The Yazoo City Whig and political register. (Yazoo City, Miss.) 183?-1840, 1840-02-28

/
The Treasurerin biz annual Report of Isl
December last, tells lad tale in relation ia
our State finances.
Mr.. Samuel Craig, the former Treasurer,
reports on the 23d September last, according
10 The 5est Of my knOOledge'', that at that
time the State had funls on h and as follows,
viz:
Uncurrent money, $238,112 90
In the Union Bank, $3.50 95
sea-, 343 95
Of the money in the Union Bank il appears
that the present Treasurer has disbursed
$7.O63 So. He has also received from va
rious sources So, 1924 ID, and Of that he has
disbursed So $50 SO. So that exclusive Of
the "uncurrent money" there was on hand
at the time of the making Of the report
$2,74O "a.
The uncurrent money is as follows, and
appears to be in the hands of the Attorney
General, but for what purpose is not stated.
Brandon notes or certificates, 1929 584 SO
Benton and Manchester, ITO 90
Citizens Bank Of Madison co'ty, 47o 90
Lake Washington, $50 90
Grenada bank notes, 628 90
Real Estate Of Columbus, 90
NOxuba & Kemper Navigation Co. 5 90
This makes but &23I. so
although the Report says that nInakes $685.
liz 90. What the other 81, O0O Of uncur-
rent money consists of, or whether some of
the items in the statement is incorrectly set
forth we cannot tell. Our addition makes
it $1,000 less than Mr.. Williams says there's,
The Wing party now in the United States
presents solid front in opposition to the
reigning dynasty. The wings are united as
the party was never united before. No man
could desire more perfect union or a more
universal assent to the selection of candi-
dates for President and Vice President than
now exists. From North to South and
throughout the whole land, there is not to
be heard discerning voice from the voice
of the party. A sound currency-the rights
of the people-Harrison and Tyler, is the
voice of every whig press, of every whig
meeting and of every individual whig
throughout the land. Il is not exageration.
nor is it Boosting to say that the Federal
President of the Office holders is on the wane
He has had his day--let him go down and
let the people rule once more in the land Of
freedom.
The Yazoo City Whig and political register. (Yazoo City, Miss.) 183?-1840, 1840-02-28

ANoFNION.--The Lexington Union thinks
that i. +. M'Kinstry, Esq, ought to telIthe
truth. We will add our opinion that he Will
The Yazoo City Whig and political register. (Yazoo City, Miss.) 183?-1840, 1840-02-28

Is illustrated in the different branches of business
forming the great connecting chain which binds
our Republic together. TheSsUNIoN OF THE sTATEs''
-"THE TEMPLE OF LIBERTY''-s1THE CONSTITUTION
AND THE LAwsf-ssrHE AMERICAN FLAG''-THE ham,
HER, THE PLOUGH, and THE woRKsHoP-are all SUBJ
ects which form the glory & honor of our country'
The Yazoo City Whig and political register. (Yazoo City, Miss.) 183?-1840, 1840-02-28
old. 5000. 900 90

Liabilities over resources,
II We aad TO this sum the amoant lost
70 the bank by bad debts, includ-
ing the loss on bills receiva,Ie and
the ialure Of cotton agents, as per
statement below, we find the iia-
Oillties over the resources, thus,
The Yazoo City Whig and political register. (Yazoo City, Miss.) 183?-1840, 1840-02-28

!" l ,493 bales of cotton not deli
vered by agents on which was
advanced 500 per bl,
Amount due by Merit, Jennings
g. Co. as explained in vouchers
8 and 8, herewith presented,
The Yazoo City Whig and political register. (Yazoo City, Miss.) 183?-1840, 1840-02-28
TOTAL issues.

Total issues, Sc,
BY cash on hand, Feb.
8, 1910, as per state
ment, 1891, 925 %
Deduct silver and notes
Of other banks and
auditors warrants, 465,545 83
The Yazoo City Whig and political register. (Yazoo City, Miss.) 183?-1840, 1840-02-28

Adv RTIsEM rs.
The Yazoo City Whig and political register. (Yazoo City, Miss.) 183?-1840, 1840-02-28
s6,62e.5sO Dol
2,926,SsO 90

Total liabilities per statement, $4,154,158 09
To the above the COMMITTEES would add another
statement made from an examination of the books
of the bank, and the exhibits heretofore referred
to, viz -
The Yazoo City Whig and political register. (Yazoo City, Miss.) 183?-1840, 1840-02-28

- ------------ Isl4 fsott %
Due by other banks and branches, 369,298 95
from Brown, Brothers g. Co. and
Brown, Shipley & Co. 1867 SO
specie and notes Of other banks, 34o,328 oil
Morning herald. [volume] (New York [N.Y.]) 1837-1840, 1840-03-19

McnArLs Jan par Eleanor, Havre, and sailed Feb
Coax, Eco 2s-sd, Mary Caroline, Savannah; Abercrom-
ne Mool,e Margaret Agaiaehieola; Hannibal Mobile; Sta
Orleans, Baltimore; Cassopea, Apaachcola America
bile; remaining, st Martin, for do.
HAyRr Feb 25sd Utica Pei, NYork Norman, NOrlns;
Arr Edinburgh do 2a Congress Eaton do; ed SD Ply
mouth dol Creole dos Vile Dc Bordeaux, do Henry Leeks
dos sth sid Chevalier, Saxon, dos Lafayette do; John
Cadmus, Charleson Oxford amman; 10TH Rochester
N0reans Feb 25, de Louis Phipe, Castoif New
York; Poland Anthony dos Hanover NOreass; Andee
Rochester, do; L'Andeil. do; Gnvile, do.
rod, do. 18th, sd Mohawk, do 2t, SID Corinhian do.
BoRDEAUx Feb 23-S d. I.ydia, Malons NOreansr Age
noria do. 18th, Amphte Phlad, l7h, Nahaie New Or
Orleans; Atlantic do; Cornth NYork 18th, sid Union New
Orleans. ..#.
Al oIrRs, Feb 27-sId, st Paul, NOrleans
SIrnsrsaa Feb slS onisy Hagen Sorh America
AMsrERDAM Feb l4--Arr Sarah, Baltimore.
TRIESTE, Feb 3-Arr Ear Lazar, Verswick, NYork.
MEssN Jan 2sSevera vessels have been wrecked on the
coast
BREMENHAvES, Feb Is--Ar yesta, Cattermoe, NYors.-
18th, ar Diament Charleston.
IExrL, Feb ls-Sld Harvest, Baltimore
Sarden, do.
GoPrsHAGEN, Feb is-Arr Smyrna, Ptiad.
IN THE tIBE Feb lo-Arr Daniel Webster, Charleston
GENoA Feb Arr Vintage Sears, Work leaky and with
les o, bawarks Magnet Boston o Neptune, knowles
OPoRro, Feb ls-Arr Ceylon, Rogers, NYork
CBRALrAR, Feb 6Arr Confidence, Bailey, NYork 10th,
sid Emily Wilde, Boston 2ih, cid, Bourne Ricke Nfork.
GuxHAvEN, Feb 2t-Ar John George, Orleans.
BRAKE, Feb l0--Arr DiomaDt Ballser, Charleston.
HAMcURG, Feb 23Arr Daniel Webster, Chae ston. 18th,
ii Adhey, ltohfsr NOrleans.
FLusHING, Feb 2s,sld, Hercules, Charleston. 2ls Wal
MALAGA, Jan 27-Arr Monezuma, Rich, NYork,
MArANzAs Marcus ssh, Portland, NYork.
Morning herald. [volume] (New York [N.Y.]) 1837-1840, 1840-03-19

during the present the sales moderate Logwood has
an o sUS S a sd SS of 4 Ss y
fs of Honduras at Fl 5s s also 20 tons
There are any in Turrentne report this
week; our stock reduced under liz
s ssSs p aae ss Of 1
saeabe No Tar here ~ rs hands, so that our quotations
Wheat our growth 0f,hs late
Good quality Sperienced little variation price this week,
ss fna
s s d Sd
ss,s : ed. h ao ai al $685. sy s'
shpmen We do hear further sales Of Flaxseed the
tor New Srf have beSn SOLD
at Ais a9 Our CLEARED 81 og ss
week percw 1900 barrels of Flour sold in bond at so
STATE rS or FpAorMaseHssyrR, Feb. 2sItis difficult
describe the state Of trade here for low as prices this
G i ;, and ad ana Sss
Tss;day ha The oSs ss @ he
markets. very large arrivals expected the
prices for this staple are cenddep aa,eipatsd TO fall
and until t ses place. no reasonable grounds appear to
our trade in yarns and cloth at all differ
eat from the last week we should that it is still
men what arises rem seasonabe state Of the
Paris Feb not undergone any material alte
ration the previous week and good Qualities of to ls
kogr weight brought SO to 4or per u hectoiires and Cham
BounsEPaRls, Feb a7-alf past Three-There has been
opened s2 2 and closed at 2f 4oc The five per cents
opened at a 45 and closed at ls soc both have thus risen
cents lss higher The Bank of France shares of lower
Bank shares unaltee aud The United States Bank loan
declined cent The Belgian five per cents and the three
Been sa ami ao h Spanish Aes as dsS
per having gradually risen from 2 first price, 2G last
shares are 81 the Versailles Right Bank ST. s5e and The Vef
sas Left Bank af Soc higher The strasburg to Bale