Liberty advocate. [volume] (Liberty, Miss.) 1835-1866, 1840-01-30


The fayors of our Jackson correspondents have not
comp 10 hand this week. We have been informed ny
a gentleman who left jackson few days since' '''a'
,bs resolutions introduced by Gen. Speight had peeh
,donted nv the House of Representatives AND that
bill would no doubt pass, repeating the charters y
all the Banks which failed to pay spccl; LOT ''i'i
from and after the first of April next appointing eo
nissioncrs to wind up their affairs, and allowing
ors ofthe Banks some two or three years 10 pay "'
,ah,. tn. commissioners are TO be allowed, for col
lectng and settling up the affairs Of Tue DN''N'
anne fees allowed to sheris for similar scr'ceS
clorons times are at hand for the locoocos' lhey
h,vs bult nm system Of Banking in this state "hich
has well nigh ruined it, and now to cap inc c''a'
Of their folly, they rashy attempt todestroy inc
Of their own hands, reckless alike OF constitutions fe
strants, and the rights individuals II the evii co"
sequences Of this Legislative Judging could aii a'o"'
ON the Banks, the mefted punishment might iui'''',
the shadow of an excuse for the violation tho
tuition but instead Of the Banks suffering, II WIN U
The neope and such Of them too had theeast agch
CIV in bringing about the present state Of aais. bu
il is not the pecuniary embarrassment whch win -,
low this prscipitate Of Legislation whlch VIII
be most destructive to the prosperity ana "cil'oeN
ofthes State. The Constitution which protects IN
lives and property OF every citizen will be grossly VIZ
lated Confidence in the faith of the State VIII DC VI
terly subyerted II the Legislature can assume N
ureroqatiyc Of the judiciary and decide on 'he WON
linn If Charters il has the authority to decd
anv other question: and lift exercise the powers
.I,lc fha md
such a government there canbe no security
We are pleased to sec that the leading organ
&hc locofocos has made the question OF repeain
Bank charters the test Of party politics. hereai''
there can never be any mistake about the positic
ofpartios on this question
Mr.. Talbert native Of Amitc, and at this time re
resentatiye from De Soto made speech IN the icg
l.turs on the repeating resolutions which has be
Handsomely complmentcd by some of the Journals
which he took an independent stand in favor Oh U
Constitution against the democratic resolutions
Mssissippian in aluding to his speech uses the foil
ing language:
STATE DEMOCRACY.
Mr.. TALBERT and others, members OF
House deny that the doctrine commended ior
others. which maintains the power Of the lie
isla,ure TO alter or abrogate Bank charters,
4 democratic doctrine. They seem to tn!
that there is no point in questions concern
State poli,y, upon which the parties are al
sue; none which the great body Of one PAL
sustain whilst the other oppose, we ask lh'
gentlemen why tnow appears that the " nj
as a party, deny the power Of the Leglslat.
10 repeal Bank charters, and on the OIL
hand, the Democrats maintain the right
!. Why propositions on the one hand, emqn
- from Wing members Of the Legislature ella
;Swo for the judiciary the sole right 10 act
the f>,remises, while on the other hand, anita
nisiican.l propositions emanate from the De
cratic m. embers? why the former Proposltl
receives taAe sanction and support ofaimost
ery wig Apaember of,he Legislature, and y
he support epf the latter comes almost ht eT Z
.;velv from the Democratic memberss u
rotthis warrant the conclusion, that the
ia wing and Y,hc other Democratic Y
eure9 u