Columbus Democrat. [volume] (Columbus, Miss.) 18??-18??, 1841-05-15

only small part OF the recnmpense winch lhes +
clam lrum he successful fhce seekers toT lheU
coninbations aud services IN The glorious CON
test"
There are now held By corpora lions and caP'' |
tasts in Europe and America bonds o. our states
to the amount ri about TWO HUNDRED
MILLIONS OF DOLLARS. These 'onds
are al an average depreciation OF about 2S' rei
cent. aud Thee is great danger that some Of them
will become almost Il not euuTely worthless. Il
they now stand, they cannot br s"'d l"r more
than ONE HUNDRED AND FIT NIL
LIONS OF DOLLARS. Non hrs Ia d ii
debt eau be thrown upon The bsoad shoulder 81
the American people these stocks rat rise 10 par
al once, and thu. FIFTY MILLIONS OF
DOLLARS uM be put iHtO iAsPockfis 81 d'en
holders
Reader. hs no, Il rled We avow to you our
solemn convection, that the special call Of CGm'
srrss nov proclaimed Is a SIOCk -JOBBlNG
| OPERATION! 1t matters not wnoI m"i,s
may have acualed the resident; Il matters NOT
that other MEASURES intended TO be permanent an
| m contemplation; every thing OF that so,t c"h'o'
| have been a. we'll done The next regular ses'
sion. TO arrest the downward progress OF these
stocks, 10 restore them 10 pat. To save sIockJo0'
bers, banks and brokers. at home and abruad'-
from impending disasters, TO secure some IRON
loss and enable uthIs to make fortunes, Nas thr
PREDOMINANT motive with those who oug,naI' d,
pressed, and finally brought about this eXuaoIdt
| nary measure, without necessity and contrary ~
the advice OIL their more prudent political assocI'
ates.
To illustrate the urgency which existed IN the
MONEY. MAKING branch oil The political al'I'
anee, let Us take Single case. According 10 Il
!. statement given to the public by the Bank Of The
United States last WINTER, appears that up"aIds
of Sl7,SL0,UU0 OF STATE bonds we're owned by
that institution, over S4,UUU,UUO oI which were
pledged Tor money borrowed IN Europe. len
millions OF tins amount would moi now s-ll Tor oO
= cents III the dollar upon an average, aud all the
I rest are OF sad depreciation. WIN nlillons up
l on millions o her means locked up IN unavailable
railroad and canal stocks, aud stocks and o"no'
u Of other banks, aud required To resume 'ptc't
: payments III February last, the Bank made oes
perate effort, by negotiating loans in he n"f'l
| and IN Europe, 10 meet lhe cflsl aud malEtah
! her Dosluon uutil--unu WHAT tnht her pa
, hticat allies cuti'd come 10 her rehst-untd an
srlra session Of Congress should RAISE heI
stocks TO par, and al once furnish her to'lh "ea'
Z eighteen miaIons 81 dollars N a. dlia6te means
. So rotten aud desperate was her condition. no"
1 ever that she could mi sustain herself unIl I'M
i sperdy relief could reach her Now, unless sh'
b can make new arrangements, large portion u
5 her pledged stocks must 80 ihto other handS a
htIy cents Oh the dollar, aud the people OF The U
e States are to be saddIed wHh debt 10 bring 'heu
e TO mar and double the money ul the new brood &
II spectators who may have bought then'
The coudtuun oil this bank Is mole or less th
u present cundlt on OF other institutions and nd,Nt
e uals at home and abroad, who ale privately san
dating their partners, agents aud political ale'
u to save them from loss ur enable them 10 TeahZ
)" fortunes by bringing up 10 par The stocks Tue
g. hold AS original purchasers OF buyetS al deptclt
- llon.
q Yes, FARMERS, PLANTERS, MECHANICS, an
- OTHER NoRKINGMEN OF AMERICA, you are
be loaded with National Debt, aud portion
:, your earnings is 10 be taken from You ~ dunt
" and TAX : 10 rave slOrk-lubUtls lIun loss and Il
the pockels vi specuIalur>! As greedy aud II
seht as Their associate : flee stehaS, hey c"nn
=, wait the regular acllon uI the Government, b
T" an extra session must be called to perform 1t
. operation at once !!
:" PLAN men u the country, ye irho "ant moi
:, ing Of The Government, but believed N the la
!, rlson leaders, joined N their hdras, and ga
~ Them your votes, have ye seen notnn. 10 Inpa
90 your confidence III their slaceuly aud pa'l'
y, isn't
y They told you that Mr. Van BuIen was wa:
lng millions ~ extravaganza; but now they s
the reirtnchlag aud reforming admn'slfall'
w. Cannot get along without more money!
NV They told you that the "Ple,ldenps Palace,
~ as they called 1t, furnished IN siyl. oi ~
>" gal magmticence;" but now thu furniture is |
~ III for Their clog CABIN" President, and IN
~ have actually asked and obtained IRON Cong,
pe an aprroplallnn Of SIX THOUSAND 10
- LARS 10 make II DECENT!
i. They told you they were opposed TO proscr
~, ton for op,nlous sake aud now See them loppl
~ :, of heads By The de=en day!
- They told you they wunled no oifcesnot the
,,es their only object VAS TO "deIser the county IT.
~. msrule:"-see them now, conendmg ahu
~ themselves throughout The county o the III
~" offices held by political opponents, like hun,
M, wolves
'' ~ They told you il was WRONG and DA
,ho, GEROUS TO appoint membets oil Congress
- Office Behold -FOUR out OF sr members
:, the Cabinet taken directly from the Halls oil U
:, ,,'0 gress, and fEh who lately belonged to that
10, DIV. while another is sent almost directly ltom
seat to take charge oil the coIIeclorshlp OF y
49,. York!
'"'s They told you il was dangerous usurpa
p'S Of Gen jackson 10 remove the Secretary oil
.,.A Treasury, who never had The actual keeping
'"I The public money; See them removing ITS ac
10 VI keepers ia New York and Boston without
t.nce Of reason ~ any Official misconduct,
'a'' putting their o"n parlisana IN the vacated
ces