Southern pioneer, and Carroll, Choctaw and Tallahatchie Counties advertiser. (Carrollton, Miss.) 1840-1842, 1841-08-28

v ""
FROM THE JACKSON soUTHRoN.
REPLY OF HOPE & Co., OF AMSTER-
DAM, TO GOV. MINUTES LETTER
TO THEM, JULY 18th, 1s4l.
To the GovernOr Of the State Of Mississippi:
We have the honor to acknowledge the re-
ceipt, in due time, Of your Excellenza's answer
Of the 18th July, ultimo, to our note of the
22d of May, preceding, demanding the pay
ment of the interest which is in arrear on the
bonds held by us, which were issued by your
State on account of the Union Bank-together
with the copies of the journal of your Legisla-
ture for the years 1910 and al. The pur-
pose of your Highness, in forwarding the lat
ter, we cannot readily divine, unless to evince
in your State how lightly are regarded, even
by its chief magistrate, the obligations of hon.
or and truth. You aver that "the State will
not pay these bonds, or the interest due or to
become due thereon" The Legislature make
a precisely opposite assertion. You will par
don US if in so delicate conjuncture we are
inclined TO credit the more numerous depart
ment of your Government We are THERE
fore disposed to regard this most extraordina-
~ document as expressive of your Individual
views, rather than those Of the State or the
people.
| Regarded in this point of view, we shall at
tempt to demonstrate that you, sir, should be
the last man in the s tate to anticipate such a
decision, or to vindicate it, when made. We
think this manifest from your entire failure TO
defend your course on this subject in your
message TO the Legislature of this year. Veto
ing the resolutions adopted by them in favor
of the payment of these bonds. Its proper
+ that we notice, that you admit your approval
of the laws under which these bonds were
made and sold, and place the defence of the
State on the ground that they were sold at
less than their par value, contrary to the pro-
visions of those laws. You seem to admit,
that it became you to protest against the sale
at an earlier period than January of the cur.
rent year,-some two years and half after
the sale, and after too it had become obvious
to all men, that the State would incur con.
siderable loss from her partnership with the
Union Bank. Accordingly, you say in your
letter to us, that "when you ascertalned in
January 1889, the terms on which the sale
had been made, you communicated them te
the Legislature, and denounced the sale as il
legal" In your veto message, you quote the
terms of this denunciation as follows: 'Tht
commissioners, in the sale of the bonds, Elk
Iceeded their instructions, but no doubt obtain
ed as much for them as could have been hat
$ at the time Of the sale. An anxious desire Il
place the Bank into speedy operation wa
certainly commendable, but, at the same time
!, no violation of the charter should have beer
: sanctioned" 1syour Highness serious, in pro
d nouncing this a denunciation of the sale in du
!, |season?" Do you regard it as involving pro
test against the liability of the State to pa,
t the bonds, or as call on the Legislature t
enter such protest? To denounce is "to pro
claim with threat" Sanctioned, means icon
lfsru,ed. ratified So far from calling on tn
7 Legislature to denounce the sale, you mentio
: it as having been already sanctioned"
we might be permitted to inquire into tn
motives which dictated this part of your mes
sage Of 1889, we would hazard the conjectu1
that they were a desire to manifest your le
gal acunen: your disposition "to see that tn
laws be faithfully executed and possibly q
inclination 10 reflect upon the directory {
the Bank. To them we presume you allud
as having 'sanxiously desired" TO place u