Lexington union. (Lexington, Miss.) 1838-18??, 1841-08-07

him morally or legally bound when he only
done 50, presuming that his agent had ac-
ted in good faith. But so soon as he learns
that his agent had violated his terms, he
disclaims all responsibility. Let A B,
represent The Union Bank and her stock
holders; Mr.. ID. the State; the agreement
the charter; Mr.. D's agent the legis-
lature Of 1880; the $4,000 bill, the five
millions Of State stock sold under the sup
plement; and we have similar case
Now, said Mr.. G., will any man of COM
mon sense pretend, that because the peo-
pie, presumlng their agents had acted in
good faith, rejoiced at the sale of those
bonds and the prospect Of relief 10 many
of their fellow citizens who we're incum-
bered with debt, that they were therefore,
bound for the debt! Surely no man OF
caudor and common sense will say il l.
the duty of the people to leave their homes
and domestic affairs and 90 TO Jackson to
watch whether their agens violate their
institutions or not. 1t is sufficient for
them to know that if their Constitution is
violated, they are not bound, and have so
declared to all the world 10 the constitution
itself. 1t is the duty Of those who traffic
with agents to look we'll to this matter
All candid men will admilthat the people
were not apprised, at our last elections,
that their agents had violated or disre-
garded their will, IN an attempt TO bind
The State as principle, instead OF as secu-
rity for five millions of dollars. Since
those elections, the fact has become man.
fest, and at the November election, they
will, for the first time, have an opportuni.
ty of speaking aloud on this subject.
LAWYER BROOKE next followed with q
long talk, but quite short argument, il
which he contended that the bonds were
sold under lie original charter; that the
execution of the mortgages was not re~
quired before the sale of the bonds and
that the State undertook, in the first in
stance, to borrow fifteen million Of dollars
as principal to loan to the Union Bank
He next proceeded to argue that the bonds
were sold at par, Notwithstanding they
were sold on credit ofsix months; that it
was a more profitable transaction than il
they had been sold for five millions 81
specie, to place in the vaults Of the Bank
and that therefore, the sale must have
been at more than par. He ridculed and
scotied at the statement Of Gov. McNutt,
that the State would lose over half mil.
lion OF dollars, by changing an American
dollar into four shilings and six pence
sterling. Said he was conversant with
Arithmetic, and held up Pike to the gaze
Of the pcople-said he had taught the
young idea how 10 shoot in Virginia and
Kentucky. o, what wonderful man we
all thought Lawyer Brooke was!-Llke
Goldsmith's country school. master:
"With words of learned length and thunder
ing sound,
He amazed the rude rustics arranged around
Still they gazed and still the wonder grew,
That one little head should carry all he knew''
When the debate commenced, | had no
idea that Lawyer B. would expose himself
IN the course of it, as he did, The four
shllings and six pence was to him STUN,
blng-block, over which he fell; perhaps
like Luciter to rise no more. This will
serve as warning to mere smatterers in
politics, not to draw large conclusions too
hastily, or too confidently, from small
premises-like unfortunate Brooke, they
may have their brains knocked out with 4
shillings and six pence, or show to the
world that they have none; which would
be the same thing.
After this short, absurd and ridiculous
argument, he plugged into the wide ex.
panse of generallies. He appealed to the
feelings of the whg party-told them they
had fought great battle-had conquered
the enemy; that they had utterly demol.
ished the democratic party; and that now
they had a lew (anti. bond party, to con-
tend with, who had hoisled the black
flag for the purpose of decoying