Southern Argus. [volume] (Columbus, Miss.) 1834-1842, 1840-02-25

and for ms part, he hadnot the slightest appre-
hension as to the result, The only difficulty
was, that month should elapse before he could
get the consent of the Bank to ms suggestions:
but 1t was unavoidable, as twas a matter of
too great importance to act upon without ad- |
vising them. There was no alternative: so
that old real estate and all the little streal
estates'' had to exercise their patience for one
long month, before tbs GLAD tidings could be
received from I" the old north State"
OF course, during this intei val ofsuspense.
+" the real estates' were, If possible. more as
siduous in their attentions to SEocco it was a
constant round of parties among them, each
vieing with the other, who could entertain
most sumptuously. Shocco called frequently
at their banking house, and .conversed freely
with the1irectory, on the subject offinance.-
All his conversation and actions, showed that
he had the utmost confidence in the solvency
eff the concern, and the ability and penetration
o The directory. He even went far as to
change his deposites from The brancIIof the
Planters Bank, in which he had Just placed
them. These deposites consisted of three pack
ages-One of them endorsed aone hundred and
forty thousand and the other Geiehty-fve
thousand dollars fCape Fear money!; both
were beautifully made up in light colored
and sealed very handsomely with rcd wax
'fbe third package was of much larger dimen-
Sons than the other two; the tape around II
was also red, but much broader than that which
bound the packages of notes, but the seals ON
this package were o. immense size, and GOV
eminent seals too! This package was endor-
sod ina large hold hand, sspabtic Documents
The day that Shocco changed the deposites,
several gentlemen were standing in the streets
with whom he was acquainted, he, of course,
could not avoid speaking to them. The two
money packages were. carried under his left
arm, whilst the public document package stood
out in bold relief in,his right hand. These pack
aces gave rise, OF course to some remarks -
! but there was an air of mystery about Shocco,
that forbade impertinent enquiry as to the con-
tents. The exhibition of them, however, had
the effect ofraising Shocco in the estimation
of those who were not personally advised of
| the real object of his mission 10 mississippi
| Twenty-Five days of the month had glided
on very agreeablyto Shocco, wbilstit dragged
heavily with all interested in the real estate
Bank. On the 26th day, Shocco received. "a
communication from the Hon. Levi Woodbu-
ry, in relation TO the monies due by the Agri-
cultural and the planters Bank, ordering Jones
in the most peremtory manner, to consult DIR.
Gwin, the Marshal fthe Southern division of
| Mississippi Immediately and then take such
steps as would compel them to pay the money
so long due the government The order was
60 peremtoryHhat Shocco had TO leave for DIR.
OWNS residence, at Vicksburg that very night
Before departing, however, he called at the
Real Estate Bank, read the passage of the
letter, ordering him off, and showed satisiacto-
rily tie the Directory, that as a government Of
ficer, he was bound TO obey. lie assured them
that his absence should not be long. and that il
he was necessarily compelled TO remain longer
than his inclination would dictate, 1t should not
prevent the consummatioa OF the negotiation,
he would leave package of one hundred
thousand dollars in deposite, and order the
Postmaster to ftrward his letters to Vicks-
burg, from which point nc would write them
the determination of the Cape Fear Bank
This was entirely satisfactory, and Shocco
left IN the stage for Jackson, the capitol OF our
state.
The fame Of Shocco had proceeded him, and
after his arrival, it was announced by fellow
passenger, connected with the Union Bank,
to the President and Directory OF that institll-
ton, that Shocco had actually arrived, and was
to leave the next morning for VIcksburg. AS
Governor tunnels (thc President,) was pre-
pairing the bonds and getting ready to start for
the North, to sell five millions, 1t was deemed
advisable that he should become acquainted
with Mr. Jones, whose intimacy IN the financial
circles OF the North, and his connection with
the Government, would enable him to commu.
nicate some things very advantageous, not on.
" to Runnels but the whole STATE. 1t was a.
greed that he should 90 forthwith, and become
acquainted wish Jones, and, if possible induce
him to remain some days at jackson. NJ
sooner said than done, for that very nomen
Rmnels md Shocco's travelling companion
sailed forth for the Eagle Hotel, where Presi
dent Runncls and MIR Jones of North CareIin;
) werc1ormaly introduced. After the custom
airy conversation among strangers the Presl
dent invited MIR Jones to spend the evening
with him. Shocco, nothing loath to get int
company, consented, after he should make
deposited of some money and important docu
ments, with MIR M'F'arren, the receiver of pub
: lie moneys; lowing to the lateness Of the hou
he could not do so in a bank.) After Shocc,
I made his deposits Runnels called in his car
Il rage, and conducted him to his residence
5 where MIR Jones was introduced to majorit,
e of the directory of the Union Bark of Missis
y sippi, who also came to spend the evening wit
Il RunnelS. At first, the conversation of tn
Z party ran upon the customary topics OF the da
d state ofthe weather, prospectof crops, badnes
s of roads, politics, rough travelling, &C., but al
r ter few rounds of cigars and cogniac,' tn
e conversation merged altogether on finance
c Here 'Shocca was at home; then it was tha
It his genius was apparent; all listened to hu
! with breathless attention; he talked OF BIddl
h the Browns, Prime, Ward, and King, Barring
e Rothschild, Bank of England, and counties
4 millions, all in the same breath until Runnel
i and therest of the directory felt that they wer
o quite "smalI potatoes" They were, howeN
a er, alldelightcd with Shocco, and the inform;
e ton he gave them. The merry glasawer
: round, until finally Runnels began 10" shine
); when he gaze Shocco Gas a bon bouchel th
d +" Roaring River I" Shocco entered fully INF
Y the spirit of the hour; s~-ore that was th
ii sweetest song he had ever heard; talked a
. tenately about Van Buren and Woodbur,
Y and occasionally on finance in the detail, th;
y is, about small sums of from half to five mil
y io6s of dollars, until Runnels felt pretty nle
o satisfied that he could sell the bonds TO ShocC
g or at lesst he Gould do so with his advice or
+ sistance. An hour always arrives when Il
1t best of friends must part; so it was m the pr
D. sent instance; they did not separate, howe
y er, until Shocco promised to stay some days
t Jackson; during the next five or SIX days
o spent his forenoons IN secret conclave with Il
y Directors Of the Union Bank, giving. his opn
', ions on currency, exchange, &c, and the ev
&c nings ofeach day he devoted to frohcmg WI
n them.
A. The time at length arrived when Shoe
at had to see the Marshal, and also to const
e some lawyers in behalf of the Government,
IL IL Tl,,,I, o-ec p,,,,,,le xr,os eonelIfed AZ