Lexington union. (Lexington, Miss.) 1838-18??, 1841-08-14
LowNDEs, July 24th, 1871.

. IN u, 7. SAi'' w
C. R. JORDAN, IT N-
JOHN SEAL. .-.r
1STLEMEN:'-
Your communication of the l0tf
IN was duly received but indispensable
Illness has prevented an earlier re
whse.
Nou rs q committee from the Conven.
dan which assembled on the 10Th inst.
mound 10 me as one of the nominees o
I'M Convention, the following interrogato
-rAre you 10 favor Of passing a law
;1hx the people TO pay the principal OF
aaf part Of the interest of the bonds sold
6r HE boneG! of the Union Bank"
sasFcr rmpbaticaIIy MOL 90 further
iIsny that there is any obligation what
sFsf resting on the people to pay any part
olRose bonds, for the reasons which fol.
n, The act Of incorporation is vio-
lSlbn Of our reserved rights the very
Mi section of our Bill Of rights, declares,
A'IAlat no man or set of men, are entitled
ioacIusive, separate, public emoIuments
aFmlvIleges from the community, hut in
soasderatiou of public services" Now.
] sQpteod that the only legitimate con.
sttrton ofthis, is, that the services must
HIsl be rendered in order that we may be
RiabIed to estimate the extent of the priv.
llege and | am borne out in this con-
slfQeton by the Journal of the Conven-
Alll- lat pages AZ and AS; Mr.. Duncan
LIVED to amend the first Sec. by striking
'lsIlhe words, 'putlic serrices," and in.
ssilpg as follows, VIZ: "an equivalent, or
u Mbtic services rendered, or to be rem
lefeR, "-deciied in the negative. Thus
sisseen that the act of incorporation is
iaVAy unconstitutional comforting the
1lINl|ege of Banking and the exclusive
llalalpmen' arising from the proceeds OF
aAss Bonds; this much may be said OF
" 6rigiDpI charter.
VI. The Supplemental acl is a more
ppalPbIe breach Of our Constitutions: The
0nphaI act was submitted to the people,
aAdtbat act did not contemplate any d.
lsst responsibility on the part of the state,
w pc , ockhoiders, with their mortgn
sesand their bonds were to stand between
w Plate and the bond holders; but the
s9pP cement throws away that security g.
'saAes the State directly responsible for
'a7 RlVe millions of bonds which have
sH9q s0Id' and this is attempted 10 be
's's7u upon the people, in defiance OF
" " ~ PalpabIe breach OF the 9th Sec.''
III n'' Of lhe Constitution, which says,
M ia" snail ever be passed to raise a
~ ~ money upon the credit of the state,
{ P'eose The faith of the State for the
sRsu' Of any loan or debt, unless such
proposed in the Senate or House
pI'Sen'a'Ives, and be agreed to by a
" o. the members of each House
pu'eFed on their Journals, with the
aau nays taken thereon, and be re.
y me next succeeding legislature,
pUOsned for three months previous
',, y next regular election, IN three
p'PefS OF this State, and unless a
\ ,.y Of each branch of the Legislature
81. 'V'eo' alter such publication, shall
v and pass such law and in such
NJ 'ue yeas aud nays shall be taken
IN .D.ered on the Journals of each
are indebted for this clause of the
FL 'Iu'Ion, to the unwearied efforts of
n Qultman, who, though several
aeleated, yet fought in the good
AZ unll he succeeded; and for his
IN this and in the perfection of
Is !, ~ " rights, the heart of every free
l' ,"Ou'u be monument Of gratitude
IA V%' the Supplemental act under
s;,, .neSe bonds were made, was never
"ou 10 the people nor has it ever
1p possed by a second I gislature, as
II , "Gu Oy the 9th section above quo
DD .l"ef the very men who enacted
c pp,ement them Ives, declare that,
n 'U nn mot change tie vital primer
upon which the faith of the State
q r n5 "tithom again submitting il
ii t p,Cp'e for their sdaction.'' This
'''y appear by reference to the