davidaulloa/AmericanStories huggingface dataset:
Holly Springs gazette., 1841-09-16
NEW BANK BILL

On the goth instant in Committee of the Whole for the
House of Representatives Mr. Sergeant introduced bill
for establishing Fiscal Corporation In its leading features
dferes from the Fiscal Bank Bill rejected by the Pres
dent.
1st-The capital is to be twenty millions of dollars
with power extend hirtyfve millions SI4O00OO0 TO
be owned by subscribers and by the United
2nd-The former bill provided for the establishment Of
Offices Of Discount and Depos the present bill provides for
the establishment of agencies only.
3rdThe dealings of the corporation be confined
buying and selling foreign bills Of exchange including bills
drawn State Territory and payable in another.
The corporation proeihed from dscountng promssory
notes. or making what is called local discounts
4hThe title ofthe corporation be changed that of
the Fiscal Corporation of the United States"
On the introduction this bill Mr. Wise raised the point of
order that in the substance the that which had
been rejected the day before and could therefore be taken
up othsrwse the constitutional provision might thus DO
ded The chairman Mr.. Dawson. Of Georgia, overruled
the objection, the ground that the the
same, though parts of them might be similar.
In the present state of this would be premature
to offer any remarks We have only express the hope
that such bank corporation may be established will
give sound and uniform currcncy-"a consummaion
most devouy to be he'd Banner
Holly Springs gazette., 1841-09-16

bonds only The condition that they
paid vaults of the MISSISSIPPI Union Baot % n
amount had been received and the they made
abIed o indemnify The STATE ~ 'A' 's" 'e''er "'
to The Commissioner charged Win e s y
Neither he power attorney nor letter ofinrucon authorized
and coupons payable in pounds sterling of Great
been made the face OF the bonds execution and dev
guilty forgery and could haV Oeea ~3Sd S dss ee
0 u will hf a answer I 70 the ege that The
hd mas TO pay both principal and interest the
thousand hundred thirty GEMS for
the currency which they made PAYABLE her vii m
reduced that and The risk greatly
ion prescribed in The charter The government has
meyer been pledged for the illegal and fraudulent sale
oath % Is eGI be M % sand and all is Officers ae
charge the respective Offices Her Chief Meifa
required to take that faithfully executed He
suffer the laws c The land to be amped upon
The contract the sale that the statutes
I % ,ne s IN relation to the bonds were made o. The
ned and that the purchase by the
BY Bank ses The Whole ns eSGl pa
chase money paid that institution The name M NJ PJ
merely used in the contract as device to e ou0 % h ne
the charter Of the Bank Of The Uned prohibits her
made payable changed from dollars pounds sterling give
were sold The of this state relative
The and notes does not prevent e drawer from
setting defence against the innocent purchaser
be available against the original payee
The State therefore, denies obligation TO pay te Bonds held IN
trust by you for the following reasons
IS The Bonds were sold credit
Cd The which made payable was
Britain at the of four shngs sixpence dollar
Sd. The contract fsale fraudulent
4h The Bank OF the United authorized 10 make
the purchase N
9TH The Bonds sold less than their par value viola
tlon OF the charter of the Bank.
The money paid for these into the Slate
uy The officers of This Government had over lis dis
nurSemen The Bonds disposed of August 1898 b col
and fraud of
State The Mississippi Union TniIed
states We're IareSlo this unlawful
uosehent Oh Doth these Institutions them
ms oA!le aeoe actH The five million dollars
o Bonds issued In June, 1885 OytiDA due
or TO become due thereon.
When asceaned in January 1899 Bonds
had been sod communicated the eesa
lure and denounced the sale illegal Al
lions OF dollars had paid
second hge millions of dollars
ssspp Union Bank prevented Iabsouey
s DVe and nall millions OF dollars Bonds
py that institution These decisive prevented illegal
disposal OF ten and hafmionS dollars
convince that the Government conne
and cannot be made responsible for The fraudulent
mississippi Union Bank.
have your address, the journals OF the Legislature
pleasure forward such other
am anxious thai the bond holders should
ac In relation the issuance and disposal Of the Bonds
hem Your great experience in commercial affairs
made you familiar with the principle that
ence 10 the law and
every ACT OF pubic nneonary merely delegated
mis- the of the people, only while powers con
ferred upon him.
am gentlemen
Very Respectfully,
Your obi serv'
Messrs. Hope & Co.
Holly Springs gazette., 1841-09-16

rae Oh iour shgs and pence the dollar with inter
rest payable semIannuay the place and rate And
ns agreement further wnesseth, that the said Nicholas
Bdde in consideration of said sale and delivery 10 hi
OF the SAID two thousand five hundred bonds as aortsa i'd
has agreed and hereby does agree pay u.s. the sa
and attorneys successors or to our
or their order the of five million of dollars lawful mo-
ney OF the United States five equal instalmens of one
million oil dollars each the first day of November
thousand eight hundred and shiyeght and on the first
days OF January March, May and July which will be in
the year one thousand eight hundred and thirty
spectively which said payments of one million of dollars
EACH OF November January March and May shall be made
IN the city OF New Orleans and the last payment like
sum on the first day of July next shall be made Natchez
IN the said State of Mississippi In witness whereof we
the said commissioners attorneys and the said Nicholas
Bdde have executed and exchanged this agreement this
eighteenth day of August the year Lord eighteen
hundred and thirty eight N BIDDLE
The bank of the Uuned States guarantees the punctua
performance of the foregoing contract
For the Cashier:
c. DUNLAP, I'd Assistat Cashier
Auru
Holly Springs gazette., 1841-09-16
August 18th, 1853.

10 the Governor the State of MissssippThe undersigned
holders debenureS
Philadelphia Gepose American Stocks
others considerable
bearing five through
OF and made payable the of the United States
Pa London, the principal in
annually in May and November having been
OF the interest due the l of this bonds
led address themselves the
pp from their confidence the faith government
feel convinced thai the simple mentioning the
men will be sufficient smuous for the of the State
Mississippi Immediate
interest which will further
those bonds irregularities
the interests OF American credit general and thai
State OF Mississippi in particular.
HOPE & co.
AIMS rdan2
Holly Springs gazette., 1841-09-16
47s,75oo9

69,625oo
35s.06s 90

From will be perceived that hundred
hundred thirty eight dollars and
thirty selling the five millions dollars OF bonds on
credit their respective dates ana
the hundred and thousand three hundred
changing the bonds from dollars
othe United States pounds sterling o Great
the OF one million
thousand dollars and hir
Surely such binding the State OF Mis-
sssipp The faith Of he State pledged for the payment OF those
Holly Springs gazette., 1841-09-16
HOPE SEQ.
Amsterdam, 22d May, 1871
EXECUTIVE DEPARTMENT, }
Cry OF JACKSON, July 13, 1871.

have received your letter. dated Amsierdom May
Official frank Hon Daniel Weber STATE f the the
United States have duly conidered the These
sold accordance with the constitution and laws
not than their value and cash. his
required The charter of the Mississippi Union Bank prcribe
they shall be in the oftwo thousand dollars (which
the said State Of Mississippi promises
of per payable hafyeary Pike named
in the endorsement the bondsThe further provides said
been delivered the the sold
dons the State bound for their redemption unless the
terms prescribed complied with the sale. The
of the State expressly provides that claw shall ever be passed
loan the credit of the State pledge the
unless such law be the Senate House OF Representa-
and be agreed majority the members OF each House
and entered their journals with the and nays taken thereon
and be referred the next succeeding and published for
months the re9ulr election
the State and unless majority OF each branch the egs
atue elected alter such shall agree pass such law
shall
journals each House. Provided that nothing in this section shall
prevent
Their loan of halt million of dcars and the
stock reserved the by the charter of The Planters Bank of
Bonds 5th 6th 7h Sth and 9th
days june 1885, sold by the commissioners appointed by
the Mississippi Union Bank Nicholas Bidde Esq the 18th
1888 million dollars lawful of
the United States payable in five equal insaments Of one million
January March, May and July the 1882 and made
In sterling money Great Britain sings and
II the dollar navae
place andae No authority by act OF the
legislature of change
made payable BY selling the bonds credit and changing
dollars money the United States Pounds
Sterling Great Britain the following sums were lost
Interest June, 1888, lst
W. ' sIooooooO
Interest 4millions months 3333S 46
Int 3 millions 2 months 1899 90 4
Int O 2 millions 2 months 1866 6f
Int on million months oSS5 81 ..o =
Difference between five millions dol
Holly Springs gazette., 1841-09-16
rErom the Anti Bank Republican.
l. 'O WHO GAVE Me A ROSE BUD.
nv ROBERT JossELYN, ESQ

nv ROBERT JossELYN, ESQ
Thine. gentle maiden, to command;
NV heart grows warmer, as | take
The lender rosebud from thy hand
To cherish for thy sake;
And doubly dear the gift shall be-
AS embiematical of thee.
For not unlike this fragrant flower,
The loveliest of all that bloom,
Art thou in girlhoods sunny hour,
Inst budding-and for whom2
Ali happiest Of moTtals he, -
For whom the full bloom rose shall bel
Tbv mild blue eyes, thy soft brown hair,
In ringlets clustering round thy neck
And bosom, as the lilly fair,
Thy lips which might the coral deck
Tby placid brow and changing cheek,
How eloquentlv do they speak:
Reautv and innocence combined
Graceful in attitude and form,
A pure and unaffected mind,
A heart with love and friendship warm,
Thine, thine should be fairy life,
The peerless girl, The matchless wife
Holly Springs Mss
Holly Springs gazette., 1841-09-16
THURSDAY, SEPT. 16, 1871.
nv THOS. A. FALCONER.

debt the large estimate of 100000 leaves balance
of nett profit the citizens of Mississippi of S155
during the term of years. equal to the accumulation
OF S22, 64,874 per Then clear that the en-
barassment of the citizens of Mississippi is temporary and
IDEAL growing of the commercial arrangements of the
country and the subsequent loss of confidence which, under
ordinary circumstances. would have been felt The
government of Mississippi is less embarrassed than that of
any other State in the Union, heretofore the for
which her faith pledged S2000000 in the bonds of
the Planters bank which institution has than ample
redeem appears from the handed you
herewith
If all efforts should fail making sale of the bonds you
authorized hypohecate them for portion of specie
funds enable the bank commence her operations
safe and sound principles for the relief ofthe country
that you do pay for such loan higher of interest
than SIX per cent, per
1t understood by the directory that the specie standard
the used your power of attorney and instructions
is intended to current money of the United States
With regard the disposition of such funds you may be
enabled procure have shipped specie be placed
the vaults of the bank such portion you may be enabled
and deem necessary for the establishment and the
balance place in depoe such place may be advan
tageous to the bank in checking for the
You authorized if it should become necessary de-
fayng your necessary expenses commissioners the
service of this bank negotiate loan in the city of New
York elsewhere behalf ofhe bank for such amount
may be necessary.
In conclusion you required keep the board regular
ly advised of your proceedings.
Gentlemen, with &c. &c.
(Sgned H. G. RUNNELS Pres,t.
Holly Springs gazette., 1841-09-16
Letter from Commissioners to ~ BiddIe
PHILADELPHIA, May l6, 1888.
Mr.. N. BIDDLE:

PHILADELPHIA, May Ito, 1855.
Mr.. N. BIDDLE
Dear Sir--We beg leave trespass your time so
far inform you that by the of the Legislature OF
Mississippi authorized dispose of bonds of the
State amounting fifteen million five hundred thousand
dollars that there n the market five millions of
them that they carry the of five per cent
per annum; and payable twelve and twenty years
any place may designate By virtue of this authority,
oer through you the directors of the United States
bank of Pennsylvania the following proposition: the above
of five Million payable any house in London
Liverpool any place you may designate, in ster
ling money the of four shngs and pence the
dollar the interest payable in the and semannually
The bonds to be paid for in five naments equal in amount
the first the first day Of November and the others
rods of sixty days each successvely say the first day
of November, January, March, May and July next The
purchaser have the option either in the whole In part
as the places of payment, of the cities OF New or
Philadelphia and New Orleans and exceeding five
hundred thousand dollars in Louisville KY preferred by
them The purchaser have the option of paying the
last nstamen the city of Natchez either OF the above
mentioned places except Louisville The above is out
Bdde inclined accept the details be explained IN
conversation
authorized hypothecae the bonds the rate of
interest exceeding per per annum and we are
willing to do So If sell for period not less than
two wears upon which could s made known at
terview.
We have the honor be with considerations high respect
&c. sc. your ob't servts.
E: G. WILkINsoN,} Comm rs
J. c. WlLKIN
Holly Springs gazette., 1841-09-16

Ansacer.
PHILADELPHIA, Aug e, 1887.
Messrs E. c. WILKINSON, and Commissioners
JAMES Z. WILKINS, !
Genemen-I have had the honor Of receiving this
your letter Of this date proposing the sale of five million
dollars of the bonds of the State of Mississippi regret
that the necessity of going New York early to morrow
morning will prevent my having the pleasure of seeing
but understanding agreeable you to receive
an immediate answer, now state
That accept the offer ofhe bonds the terms mention
ed your letter. and prepared to carry the contract INTO
effect forthwith.
have the honor to be-
Very respectfully, yours,
N BIDDIE.
Holly Springs gazette., 1841-09-16
Contract of sale of State Bonds beccen Commissioners
and NJ BiddLe. 5

This agreement witnesseth. That we, the undergned
commissioners of the State of Mississippi and attorneys
IN fact, of the Mississippi Uniou bank for and IN
consideration of the and payments hereinafter ecl
fed of FIVE million Of dollars by Nicholas Bdde OF the
city of Philadelphia be made at the several times and
places mentioned below and by virtue OF the power ana
horiv in us vested bv the of the Legislature of
State of Mississippi and tho ere Of attorney Of the said
Mississippi Union bank (which said statutes and power OF
attorney are taken as part this agreement therein
serted lhave sold and delivered the said Nicholas Bdde
two thousand hundred bonds ofthe State of Mississippi
for the sum of thousand dollars each amounting toget
er to the sum of five million of dollars enumerated and
described in the said power of attorney which SAID bonds
are made payable the agency of the bank OF the United
States in London sterling money Of Great Britain at the
Holly Springs gazette., 1841-09-16

Interest on 4 millions 2 months,
Int on millions 2 months
Int on 2 millions 2 months
Int on l million months
Difference between five millions dol
lars, principal of State Bonds, in
current money of the u. S. and ster-
ling money of Great Britain at four
shillings and pence to the dollar,
Difference of interest on 81 %, 900
of State Bonds, payable in 2 years
between current money of the u.
s. and pounds sterling of Greal Bri-
tain at four shillings and six pence,
to the dollar,
Difference Of interest on 50, 80, 900
of State Bonds, paybble in twenty
years between current money of the
II. s. and pounds sterling of Great
Britain at four shillings and six
pence TO the dollar,
Daily Richmond Whig. [volume] (Richmond, Va.) 1840-1842, 1841-01-19
Senate of Tirrinia-


The debate in the Senate, Yesterday. on IN. ola.
.ion OF Senator, was extremely discursiye--Mr
MeMullen led oil, nominating Mr. Mcdowell in ri;
progress, and doing besides, very amusing thing
VindcaunS Mr.. Rives from the insidous in,,,,o.,.
tories propounded by the Loco Foco from Acco-
mac IN the House! Mr.. Bayly having there en-.
quired, what were Mr. Rives' sentiment. ., ~,
BANK, the Tariff, &c. Mr.. McMullen repeated the
Questions in the Senate, and no whlg ansxerin,
'hem, MIR McMullen answered them b;msels a.,
uns that he knew MIR Rives TO be Anti. Rank
anu farm, and anti every thing opposed TO Viz.
gina principles This frankness land fairness,
extremely disconnected certain worthy Loco Foeo,.
whose names we will not mention. The f,c, :.
W.T. neMullen IS going TO he a Whg before Ions
anu we shall be really graiifed to see him ono.
L ne oeoate was continued by MIR Anderson n,
boietourt, Mr. Tod Of Mathews. MIR Tbom,.on =,
hanawha, Mr. Bouldin of Not,oway, Mr. Lyons Of
thus city, Mr. Smith of Culpeper, (Ex,r,.) and p.r.
maps others. We pretend not to trace il. I, won-
dered into the Mare .Magnum of Federal po,ic. =
l ne Locos INDUCED in the accustomed slang abop,
Democracy, Federalism, the Bank. the Procl,,,,
ion' ana Coon Skins. Mr. Lyons, with ardent,
Ae"'' ieicitous severity, and splendid clocution.
turned aside every pass, ana, graphing with the
Zoe, "renehed his weapon from his hand, and turn
Gu II against his own breast Never did we hear
more nauseous slang, or hear it more utterly 81
oy the presentation facts and the frce of
N'uue'iohs winch could not be denied or met.
Daily Richmond Whig. [volume] (Richmond, Va.) 1840-1842, 1841-01-19

see that Wing Convention is propose d 10 be
ned Tor the purpose of fixing ca ndidate for Con-
gIe1s Tor he caroline district. Such convention i'll
no doubt carefully deliberate on The pretens;ons 80,
probable prospects Of such gentlemen as NAV be
brought to It's notice, and select the most available
candidate. While think it likely thai no Other
name will bring higher pretensions or stronger
Difference TO Others, that re spectlllv cali ,hs
tentlon OF the Convention and tho District o
Colonel Robert II. Corbin. The Colonel is loo
well known to require much 10 be said abour him
VIII therefore, only remark, that he is an expert
| eneed politician, and Wing Of tried and known
orthodoxy; and that he has for some years
ed the largest county in the District with entire
DIT to himself, and so FAR rs know with entire ss-
tslacon to his constituents. Ills talents high cha
rao'er, ard political sieadiasiness, seem to me TO
constitute all the essentials of such R.n,,ssn,so
tive as we want. CAROLINE
Daily Richmond Whig. [volume] (Richmond, Va.) 1840-1842, 1841-01-19
Col. Raym,nd. Of .Mono,r,,;,


ihiS gentleman, staunch and talented Wbig
was yesterday put in nomination agains, Mr.. R;v.s
oy Mr. Clayton, one of the Delegates from thu,
eouhty-Mr. Clayton being himself an unouolis.d
adheren' OF the fallen Dynasty, and, rumor saw,
personal as well as political foe of Col. HAMMOND
The mask for this insdious movement ,s ,bo, IN.
wings OF Monongalia in a recent meeting. nomin,.
ted COL Raymond as an eligible candidate for IN,
senate OF the U. Statesmen as in opposition 10
Mr.. Rives, or for the first vacancy, bu, as
10 Mr.. Roane, and for the second vacancy. Col
Raymond was two years ago and is now. an ,c,iv,
supporter of Mr.. Rives, and never would b,v.
dreamed, or consented TO IT, if another had p,onos.d
H. to suffer himself to be placed in pomin,tior
against him.
These being the facts, was il jus, to Col Hov.
ond III his Representative, to place him in the
utude which that Representative did yesterd,v7-
was I" iaIr piay1 Was lit generous2 Was itm,c.
unanimous IN personal foe Will MIR. Clav,or
say that he did it with any expectation of ady,nc.
ing the wishes of the Wings of MonongoIi,, D
Must lie not IN candor confess that his whole oie,,
was TO place personal opponent in a humilia,ing
and Notifying position1
Daily Richmond Whig. [volume] (Richmond, Va.) 1840-1842, 1841-01-19
GOVERNOR MORROW.

The return Of this distinguished and venerable
man 10 the National Legi' ature, is thus noticed by
the New York Commercial Advertiser.
Pleasant Il ~, 10 look upon old fsces afer long
absence, which we love. And next to that, it IS
pleasant to look upon an old familiar name long
"i'hdrawn from the public view. This latter pleas
ure We have enjoyed on looking over the commit
tees oil the House Of Representatives. Mr.. Corvin.
oi ONO, having beed elected governor Of that state,
has been superseded at the head OF the land com
mittoe' by jeremiah Morrow, elected to Congress
N ms room.-Tho name Of this now venerable man,
Is associated with our earliest Tecoecons Of Con-
gress AZ member both of the House Of Ropresen-
tatives and tho Senate. lie returns 10 the House
after an absence Of more than twenty years He
was IN Congress during the administration Of Jef.
ierson, Madison, and Monroe, and enjoyed the
confidence Of each OF those great men.
Daily Richmond Whig. [volume] (Richmond, Va.) 1840-1842, 1841-01-19

TO which amount Il the james River stoek should
be added, the unavailable funds will be oLoy,
SI,SOO,OOO 90; whereas, the original capital uas
shout ~ 100000 10 do not mean 10 ASSET. liza, ,
considerable part Of the unavailable funds are no, In
be ultimately available. am sure they viii he. and
understand that large amount Is secured and
WI Ultimately come into the Bank. n these 81
hlnts are evidence Of Superior financial abilities
ana skil m banking" and 10 deprive the Bank oC
Wmeh, would render u necessary 10 wind % he a r
la''' can but express amozsmcnt that such con.
customs should obtain; and should like to be in
gG,ineu why u 49, that tbs bank is in a worse con.
I'.on lnan any IN The commonwealth / know az
Du' one cause, and that has been Operating for T,
/ 'ons ume-and that ls, negligence
| VIC speaker, this Is the true and logi,ic,o,.
] I.es.on Ior US 10 olscuss, and gentlemen NAV az
WnPl 70 eVade It " they please. but the cic, -
esJ,,,eleSs SO Negligence has charaeterized ,bs
so,iuuo' % we President ard Cashier. for n,on,ls
Suu years past The President admits IL IN ne "a
ut'ss 70 me stockholders. lie s.vs. dad 49,
eomIt That more confidence from Ike, e., t.iSy
70 'he long period Of tImol has bosn sn,o,,s;.'
than ean oe July justified" And again. S'rb. pn!
usnt ena Directors have relied too much on ,bs 90.
genee OF the Cashier and he has relied TO-, 49,.
on ne fidelity fIbe Teller 700 much
| aho the COMMITTEE appointed bv ,b. H.. %,
Deiegates 70 enquire into the whole subi.c, - -,
IePoiI state - iollows-''The Commute A.,
DOL 70 % und'P'ood 9" casting unmeriIed .prooeb
Daily Richmond Whig. [volume] (Richmond, Va.) 1840-1842, 1841-01-19
Rrom N, L,rinrinn Gn,.n.

Mr. Richie gives view Of what he terms II.
gloomy financial condition OF Indiana, undo, ,h.
caption Of "a Wing State" what does he ssv 80
Illinois, Van Buren, State7 Il appears tb,, ~.
owes "over s9.0OOOOO for internal Improvement
Of her own school fund, and million or Too 80
eellaneous, while the income from the works IN
whch these sums have been expended will no, n =
the interest by 100000 per annum. The Govsrn,
or pronouncos direct taxation the only resource
Out recommends u to be postponed Tor two wear,
yet ana money borrowed to pay interests An,
this u would be wise TO say as little AZ no,,b. =.
bout the gloomy financial condition Of "a wbi1
Daily Richmond Whig. [volume] (Richmond, Va.) 1840-1842, 1841-01-19

B o"%n larson a WILEY; Atkiosor. Baptist, Sinh
Mullen-2. ''per and Nc.
TOR JOHN RosERrsos-alr. Thompson-l.
JOINT vote with the Senate; Rives IS, Nia,o, A.
"eD'we'l 10 scattering 3. Whole vo,e-ist -.
eessary, for choice 81.
80 Wn C.. Rrvrs was declared duly el.c,.d e..
SIX years from 9TH March. $3.50 VIZ