Liberty advocate. [volume] (Liberty, Miss.) 1835-1866, 1841-10-14
DEMOCRATIC FAITH.

DEMOCRATIC FAITH.
- Opposed to a Tax upon the People to pay
=. Bonds sold in violation OF their Con stl-
, tuton-Opposed 10 all Special PriviIe.
geS and MonOpoIieS-l favor OF sur
rendering unto Nicholas Biddle and his
assigns, all the assets of the Mississip-
pi Union Bank-Opposed to releasing
the Stockholders in the Union Bank ex-
cePt by ar appeal TO the Courts Of the
country-and in favor Of the natural
and constitutions rights OF citizens, as
guaranteed TO them in the Bill of Rights,
and in written Constitution.
The above epItome Of the" Democratic
Faith" is taken from leading journal of
that party. The first article of this creed
settles forever the question that the Dem
ocrotic party, do make and have made the
" bond question" the test question between
the parties in this State. Will the demo-
cratic bond payers, those who believe
that the State is legally and morally
bound for the redemption of the State
bonds, support the party, at whose mast
head, this wicked and depraved motto is
seen flying ? Will they for the sake of
party, smother the dictates Of duty and
conscience, and heel into the support Of
the party, or will they, " sink portizans,
rise up patriots" for the good Of sour
own native land" Time will develope this,
In regard to this ar ticle let it be remem-
bered, thatlegiSlatures composed of de-
mocratIc majori,ies passed, and u dem
ocratic Governor, approved of all the
acts, in regard to the establishment of
the Union Bank, and the sale of the bonds.
made under the charter of said Lank,
Unconstitutional" to pay the bonds, now,
which this very party said the law under
which they were issued, was consti,u-
t'onaI, and The sale of which they once
approved Of The whig doctrine is the re.
verse OF this. :" 1t is the deliberate sense
OF the whig party of Mississippi, that the
State OF Mississippi, is bound By erery OBJ
hgatio" Of honor and justice to pay or
cause 10 be paid her bonds issued and sold,
for the benefit of the Union Bank. and
for the payment Of her stock in the Plan
tiers Bank" That the Union Bank, be
placed in liquidation, and her assets as
far as they will go, beapproprated to the
payment of the bonds sold for her bene-
Int, and the residue be paid BY the State.
Iha: the present rate of taxation will be
sufficient for the purposes of government
and to llquidate these claims. Let the
people Judge between the faith" of the
two parties upon this question: The End
article OF this, creed, the wings assen, to.
Ii is their creed and they have maintained
1t since the Formations oil our government,
II The democracy chooses to agree with
US in this creed, they are welcome. Thew
3rd article of this creed, the wings are on.
posed to- 1t is well known TO all that
Nicholas Bldde is no, the owner or hoI.
der OF the State bonds, by surrenderinc
therefore the bank and its assets TO him.
we would violate the article of being son.
posed to all special privileges" or in other
words OF violating the lst section the bill
oil rights as contained in our constitution
1t would be giving to N Biddle, who has
no interest IN the State bonds an "excIu. ,
s've and separate" privilege, prohibited S
by the constitution. II, however, the hol. I
der, or holders Of the bonds desire 10 ne. -
cePt OF the bank, and her assets in nav. S
ment OF the debt, the wings would have II
no objection to granting the same to him Il
or them. II would save the State the ex- a
penSo and trouble Of lquidating the bank. a
The f'h article is the same as that for d