New-York tribune. [volume] (New-York [N.Y.]) 1841-1842, 1841-11-22

u For two Poems, and extracts from Mrs Ansiln
new TransIatoEs from the German, see Last tase'
The ErF1SGHAn LIBELs.--Wc learn from foh'
de- that the libel suit Of james Fcninlore Cooper
against James Watson Webb, which *aS tired De-
fore the Circuit Court at Fonda last week was
given to the Jury on Friday, and, after an ABSENCE
OF six hours. they declared themselves utterly 1'
able 70 agree, and discharged we uhuei-
stand tina, ,hev s-ood from the first one Tor CON
v;c,ing .leren for acq.it,ng, and that no impress
ain, could be made on either party. MIR. Efing-
ham has poor encouragement for another effort
Tzs MISSISSIPPI ELEcrIoE-Thc result Of the
late Election in Mississippi i. morally certain
The Loco Foco party early assumed that The State
should not pay either principal or interest Of It's
Bonds, Issued under the authority Of its Loco-Foco
Governor aud Legislature TO fora the capital Of
it's srea, Union Bank, and now held in EuroPs.
The Wing party, at its State Convention, nnani-
mously resolved that the Bonds however unwisely
issued, were morally and legally binding on TIE
People of mississippi, and must be paid. Every
one of their candidates in favor Of paying
Oh the Loco-Foco candidates originally nominated
some were in favor Of paying but the sentiment
Of their party set strongly against thsm that
they were constrained to decline and full ticke,
Of Anti. Bonders made up. The question
of Pay or No Pay wa. the a-engrossng one in
the canvass. 1t was every where discussed by the
rival canddutes-rhe Wings in favor of paying,
the Loco. Focos against ii. The old Wing Conn-
lies have, with scarcely an exceptions given major
tiles for paying but the new Counties which were
always Loce-Foco, have gone again, and by in
creased malorities. Tucker, the Loco-Foco and
'Art-Bond candidate, is elected over Shauuck,
Wing and Boud-paying, by about the majority
that McNutt thu present Loco-Foco and Anti Bond
Governor, obtained over Turner, Wing, in 1880
say $500 to 3,0O9. The other candidates of the
party have similar najorites except he Attorney
General who is probably beaten by split. We
have doubt that the Legislature is also
Loco-Foco, and against paying the State Bonds.
Our readers may be curious to know what kind
of prelext is up for refusing to pay deb, in
CURED by authority of the Legislature and G.v
ernor, and for Which the unfortunate bond.bolders
have given full value. So far a. we can understand
the pretcxi it is this The Legislature directed
that the Union Bank should go into operation
as soon as the State Bonds for Five Millions u,
five per cent. could be sold at par The States
Commissioners proceeded to negotiate the stocks
on the best possible terms-taking therefor at par
drafts on Eastern Cities having some time to rum
These drafts were passed over TO the Bank, paid
cut by it in discounts cash. paid in full by the
drawers, and wero in fact better than money ia
Mississippi. Yet the pretext up is that the
to Ids were sold under par by the States agents,
and, being sold, the State ought not to pay
them! This is the ground, and all the ground, so
far as we can understand It, or which the Loco
Focos of Mississippi have voted to repudiate their
State Debt.
Such being the facts, we watch with much in
terest the columns of our Loco-Foco contemporaries
in other States how they regard this matter.
Fer it must be evideat if this pretext suiiicss to
cancel States Debts, there cannot be wanting
pretexts for similar course in other States whose
debts are more formidable and more embarrassing
than those of Mississippi. With what feelings do
the Leco-Fsco Press and Party in ether States re-
gard this Reputation
So far as we have observed, net ono Loco-Foco
Journal or meeting hSS condemned tie course Of
their party Ia Mississippi. The New-Yor SIM,
whose proprietor is very heavy holder of State
Stocks, thinks liquidation naughty thing, but
suppresses the facls transporting in Mississippi, as
wei! all comment upon them. The Standard,
while it shouts over the victory, strives to conceal
the grounds which it won, and reckessly
asserts that Judge Shattucks defeat for Governor is
owing to imputatons on his personal character and
dealings. Nothiag could be farther from the truth
Mr.. Shatluck is the Presiding Elder OF the Meth
odist Episcopal Church in Mississippi, as well n
Circuit Judge and man Of lofty integrity aud just
popularity. We confident he will ha the largest
vote Of any candidate on the Wing ticket, except
Col. Benjamin for Congress. The Erening Post is
mum; the Albany 4rguS ditto, but vocilerous in
exultntion over the cictory. But the Washington
Globe man is the sturdiest rascal in the land lie
plays no sneakins game. In his Friday evening pa
per- he back, his Mississippi allies very fairly, quot,
ingin their behalf opinion of THOMAS JEFrER-
son that credit in Europe is an INJURY to Us, as
for cheating Foreign Creditors, and following
it up with Money Article from Bennets Her
aid, in which swiadling is commended, of course.
In this article, Mr. WEBsrER's opinion hat Bonds |
issued by the Territorial Legislature of Florida
(though that Legislature not authorized TO
loansN b,