Columbus Democrat. [volume] (Columbus, Miss.) 18??-18??, 1841-08-07

Duuug The ast political campaign lae great
\ Uhig Parly dive. wsla much emphasis and poser
+ upon ne Pa'a.z-G coa5uou of he business 81.
4 tie couatrN, ptosltaton Of al us sner.iss, dis
rres- al every cofnef aad total aaalaiauon at con-
/ ddsnce sDd PUmised lhsi # they should Obtain
ihr reias a. government, they would al once bang
40 ~ be let state Of things The fruits Of their
ACCESSION 10 power were 10 be a speedy return Of
confidence, prosperity and business. In order TO
redeem Ihis plsdge.the Ezra Sessioa vas called,
bot Nhat have they done Nothing. literally no
| thing the PROMISED relief aud the golden plpPia
neither meet our vleS or bob our noses Was
ms extraordinary session called ostensblv TO az
ford rele' to Ihe country, bu' aetvoly foi the fu.
pose Of Frtsitsst moking!
| do the present administration suppose that |
the people viii be satisfied with the charter OF
Fiscal Bank, IA United States Bank with new
uamel aud the distribution OF Tie proceeds Of the |
public lands ii So. they will find they are in
an esreg,ous error; the American people have |
90 much discernment To be thus deceived. The |
Fiscal Bank may facilitate exchanges to some
degree, and enable large capitalists or political
Spectators to attain further facilities IN monetary
affairs or political powerful is tins the relief
promised What actual good will accrue from
this measure to the great body of the peoplc--the
true constituency of the country
The Distribution Bill NAV assist some of the
States. now deeply involved in debt, to pay part
OF the interest on their Stale Debts; but this mea
sure. like the distribution of the surplus revenue,
will only weaken the Government without aflor.
ding the least particle Of ielel, or It's effects beng
fall hx no IL 4
, II, then, Congress adopt these two measures
chauel the Bank and enact the Distribution Bill,
with the other nominal measures such as prow-
ding for their own pay SC, of what avail will be
the extraordinary session, with It's expenses and
!, dangersto the people of the country The pledge
will not he redeemed--rellei and prosperit, will
!: not eRsue-the people will be deceived and dis.
appolnted-and the exlla session will end per.
: Iect -sxpensive-worse than useless. and
I, disgraceu TO the country, and sealing the doom
Of the present administration"
!, UNION BANK BONDS-A NEW FACT.
The history oil Legislation does not furnish
is parallel to ihe reckless course pursued by The lie.
gIsaluro OF Mississippi III relation to the Union
= Dank' The most baretaced ard umltigaed fraud
%eVei attempted to DO pracced upon a free people,
Is presented IN the enactment of the Supplement
tai charter OF the Bank and the election of the
!" ten managers. 1t will be recoIIected that the
- or.maI charter Of the Bank provided that the
= first, or Provisional Directory of the Bank should
=, be composed oil thirteen members, TO be appoint.
;, ed by the Governor; and that the Supplemental
- act annulItd that section, and provided that the
4 len Managers elected for the purpose of opening
! books OF subscription. only, should bs constituted
= the Directory of the Bank. 1t will hardly be be
" lIeved, lhsn, that the Ten Managers rtrs elechd
:. before The passage Of The Supplemental iceland
whlle by Wrlae OF The original charter all The du.
- ties Of "a Directory OF The Bark were conferred
upon Thirteen men to be appointed by the Cav
= ernor. Yet this IS absolutely the fact TheTen
! Managers, as may be seen by The Journals OF The
Legs alute, we're elected on the 10Th day Of
:, Fcl ruafy, 1888, while the Supplemental charter
Il was yet pending before the Legislature, and wan
"a ted The sanction Of the Executive. Thus The
- Directory Of The Bank was, in fact, created with
- out The due forms OF law and in the totS absence
= oil any law al all, but IN the face of provision il
: the original charter, providing for the appoint
nent Of "A Directory. Under the original char
;, lor, the Ten Managers were charged with opeI
, mg lhr books OF subscription they were elected
:, to peri I'm this specific duty, but by the Supple
- mental act, they we're transformed INTO Dnoc
" DRY, wnh power to make and loan notes III,
.c"n>tiutlonaIlty Of the Supplemental act II
:" pretty generally admitted; and IT may therefore
De set down as nulHy. What then d. we see
Zen commissioners elected to open books o
= subscription, assuming The place Of DnecloIs-.
" Il oln OF five million OF dollars effected, and tn
- whole OF IT exhausted IN the saou space Of en-
- year. And ye, there are those vho have the har
" d'hood to say, that these hasy, illegal, end motto
rousy fraudulent transactions have bound Ii
people Of Mississippi, III law and honor, to pa
y Inc debts Of the aforesaid Ten Managers. WI
" Ieenen submit TO the tax. IiSsssippian
20 The Bod Question We repubIsh lo.da,
IS Governor McNutts correspondence with til
Ms Dutch house, Of Hope aud Co. Ws sci it up i
e, large type, that The old men whose eyes bay
*. grown dun, may read II without pain LIE, III
d. young men read it. Let The widowed muthe
lie call her children around her on the day OF ,e.
up and read it to them, that they may lean the bis
ur tory OF their wrongs aud be prepared 10 resist til
We most oppressive taxation that ever threatened
Isl Tree people. Paste this letter up on your wa
lbl lei il go down from father TO son. all heir .loo
er m your families; call IN your neghbor aud ii
m waylarer and read tito them. Take IT with va
OF to all public assemblages, and when some nos
Sc. shpper-snappet dscaims about the honor an
* dignity OF the State, and the necessity of payn
no these bonds, produce McNutt's letter. and rea
we it 10 the crowd. The facts cannot be contradlt
We ted. The argument is in nut shell, but all ii
esl hair splhlers in the world cannot relue 1t Rea
ad II, people OF Mississipp!-young men and old
m fathers and moharx. whus and damoc,at.. schoo