Southern pioneer, and Carroll, Choctaw and Tallahatchie Counties advertiser. (Carrollton, Miss.) 1840-1842, 1841-07-10
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TILGHMAN M. TUCKER.


We took occasion some days since to ad.
dress few plain questions to Mr.. Hanson Ais
bury, and we shall now interrogate our friend
slender toes Tucker as our neighbor of the
Sentinel used to denominate him.
Mr. Tucker was member of the Senate in
1888, when the Union Bank charter passed
for the second time, and has been in that body
ever since. He has twice examined the Un-
ion Bank, as member of two legislative COM
mittees of investigation, and it is not paying
him any compliment to say that he under
stands thoroughly the whole history of the
institution, from the time the charter was
passed down to the present day. He has con-
ned ii well, and if he does not understand it.,
it is because he has not mind to comprehend
any thing. He was first member of the in
vestigating committee in 1889. He did not
concur with the report of the majority, nor
did he agree with Gen. Foote'S report, prom
ised to make separate one himself. This
however he never did, and in the winter of
1910 his well beloved friends the "Mississippi-
an" and SENTINEL" were so charitable, and
had such implicit confidence to his integrity.
that they did not scruple to insinuate that his
report had been suppressed by potent argu-
ments from the Bank. But of this we know
nothing-it is little family affair with which
we had nothing to do.
In 1910, Mr.. Tucker was again member
of a committee appointed to examine into the
condition of the Union Bank. After patient
and laborious investigation, the committee
presented very elaborate report. in which
they embraced every question connected with
the Bank or its management. In that report
Mr.. T. M. Tucker says:
"The committee, after a candid view of the
management and resources of the bank, are
| fully persuaded that the State ,olA ultimately
be competed 10 pay a greater portion, If no
ated.
The committee learn that the interest or
the bonds issued on account of the Planter
| Bank has not been paid, and that they have
been protested in New York. The first in
stalment of these bonds, amounting to $3.50,
900, falls due in l84l, and it is not altogethe
impossible that the bank will be able to pa,
either the principal or interest. There will il
all probability, be no means of payment, ex
cept by direct taxation. With this prospec
before the state, in relation to her bonds, tn
committee are of opinion that it would be
most suicidal policy TO increase the present Il
ability by further issue or sale of the securi
ties"
In another part of the report Mr.. Tucke
says:
,, "T'he State has already a .frigd.ful amoun
Of liabilities staring it in The face, NTH n
prospect Of liquidation bat By direct and OPP
i preSsiUe taxation"
This was the language of Senator Tucke
in lS4O-at time when he perfectly under
stood the question in all its bearings he
: he was familiar with the management of th
. Bank, from the passage OF the charter up t
; the hour of the examination. He then cor
sidered that the State would ultimately
compelled to pay great portion, if not th
Ientire amount of the bonds already negotis
ted" Now Mr.. Tucker is a lawyer. and "
believe pretty good one. He was famila
with the cfarter-knew all about the sales {
the bonds and every thing else connected wit
the bank; and, while in possession Of this iniol