Columbus Democrat. [volume] (Columbus, Miss.) 18??-18??, 1841-09-11

grsai grover Of tie great siaple--her bonds vii 4
! Ind a ready fais, 10 any market. where there is
a surplus capital What amount does each bond /
call ior-the amount ofihs vhos--hov long 20 I
run--lhs rate OF neresl'n
Two thousand dollars--tea niI.ens-iweu'y
years-6ye PEI esulPer auuum payable hall year (
! ly."
Have YOU expectations Of di,pOsiug Of them
at premium"
Ave Ni sell them at par
Il will take them--meet the here tomorrow at
| IL A. NJ. With your credsnals,and We will perfect
| the ausngemsni--good morning gentlemen"
! They are runclua in their attendance they
exhibit bond and their Instructions or letter ofai-
torney from tie President Of the board. The
Baron, after, ganClrg at each, observes that they
must no, he surprised, al his insisting on seeing
the lac conlerrng on the Governor authority to
| sign The bonds. They produce the original bill
aud direct his attention to the section cOnfeuIng
that authority, and likewise g.SIns the form Of the
bonds.
"All very satisfactory Gent The authority is
compsts-the bond IN exact conformity with the
lorm prescribed
SILL holding the law in his hand and hi, eve
falling upon the section which states the object Of
the loan.
"Ay -Caual--ead to learn that your young
AVID thriving state has embarked. with So much
zeal, IN the great cause oflnlemal improvement
GlnscIng At he couen sion Of the law.
Nv hat Is 'hIs-your act approved by hro, Cow
erno's, signed by tao sets ot speakers-the first
Governor using the words approved so FIR as
the power Of this Legislature is letogulsedll
Oh ! zee by the last part Of the nc,, that by
| Il u a Al
tuition, the PEOPLE have retained the right Of
! voice, IN cases of this nature--veiy Jealous you
: Republicans" Still running his eye over the acI 81
} perceive gentlemen by the section of this act
C compared with others, that your Governor was
not authorized to issue these bonds TIL six months
: had elapsed from the re.approvsI Of the bill nor
i could there have been board Of internal i'm
= Frovement, until that time, yet Eore you are, III
9 london within less lhan three months, With bonds
q ssued forty days gone md with instructions Of
;, saae dlle,rom board Of Internal Improvement.
: This board could not have been srgauzed, under
u this law nor could your Governor have been
/. acting IN The execution oC it,vhen lie signed these
. bonds Under these circumstances | cannot
r close The contract for Their purchase"
"Oh (say our Gentemen) we have Supple
: lnenl which greatly modlfes this act--nnder the
G provisions Of het the Governor acted"
, The Baron much excited
: a SuPpiemeTE' modifying supplement- i
single legislature daring 10 modify an act on
which the people have passed - and then having
) the ellfonelyio call this modifying act a SUITE.
MENT !!-pIease favor me with sight Of this
supplement. (Fhey produce it, Statue = a co.
iossai statue = erecting statues 50 soon = mi.
tallng the folly Of The Egyptians, tho ancient op.
pressors Of my Nallonl! Return home Gentle
men-sink your bonds in the Great Atlantic
Fell your Governor and The supporters of his
, SUPPLEMENT, not only to Beutonse, but TO tear
from their journals every leaf, on which The least
allusIon may be made 10 il, that II may not rise
! up, in after times to crimson the checks Of the
: descendants of those,twho thus dared to bctray
their trusts, aud sport with the rights oflreemen."
Hear US good s!r, The fifth section alone
" None OF your bubbles and subtltliss,"--
Proposing to raise the loan" Good morning
+; Cerllemen." He,e is an honest jew fol YOU.
: Let us see how MISCONDUCT, in the case sup.
pesed,wIll contrast with the conduc, of Mr. Bidde
IN the case before US. In the one "A different dspo
, SIIon OF the funds was to be made by The supple
men',n the other the attitude of the state was to b.
changed, from that OF an Unidentified guarantor,
10 that OF reckless borrowed We can readily
: imagine, that the interviews between the late self.
: styled commissioners ard NJ Biddle to have been
: precisely similar to those supposed IN the case
Just put, Until the exhibition OF The supplement
J Here Nh BIdde prelends to rant and rave
G and be very indignant, telling our Gent,
T that Iheli bonds we're issued without authority -
$ the supplement, being an attempt 10 usurp power
, expressly denied to the legislature speaks of
I the hazard that the Bank--hat he would run,
N the purchase-- hint, al something like ten per
{ cents IS insurance against risk until at last he
4 bolts it out, in plain English Give me shave
e Of ten per cent and I'll 60 1.-THE cores pondsnce
! to show that you made the propos ON
"Our instructions are 10 sell the bonds at par,
. that IL, not to take less than their face"
e There are mole ways than one, to choke one
f OF the canine species I'll give YOU the face, oh
yes, you shall have the face, but yon must agree
10 pay tel per cent more than the face"
"How can that 6e dontl"
/. 80 very caSy--none Of your people, except
0 some OF your broken Merchants and bankfupt
SpecnIator'--aod they ale all agoS for this Bank
-know any thing about premium, discount, ex.
+. change STERLING corrency--magcal words these
! -Aye--and powerful ttmgs too, with which we
# work wonders
+ PLEASE come 10 tie port SIR
l. "Nlll You agree 10 make these bonds payable
i IN London IN asrdas currency, at tie raio OF
four shIinss and SIX pence to the dollAt.'
y WIZ 'nat effect your oblect--grve you the
! Ihavel"
"Cerioinly and, what ia better, the people
n won't perceive lt--they, poor soals--totolly g.
Y noran Of finance and fnesse--haye read, in then
), Dlworh aud Pike, that dollar is four aud sN
e pence sterling consequently, they will not dis.
. cover the advsntase,l should gam BY The arrange
:, ment.h