Columbus Democrat. [volume] (Columbus, Miss.) 18??-18??, 1841-02-20
STATE BONDS.
10 rmr ProrLE OF THE -SrA4E oT1 Ms.I'srr
FeIIo,c Citizens

10 rut ProrLE OF THE -SrllE oT7 Msns,irr.
FeIIo,c Citizens
You are soemnly called on 10 decide question.
second only IN importance to that which led 10 The
AmeIioo" R,,vt,,,Ie,, I, IN rbaH mt, VIA
you agree 10 be taxed 10 pay the bonds Of the Pan-
lcrs and Enlon Banks These institutions are in
solvent they are in their corporate capacity unable
10 pay the bonds of the State on which they have
been banking, and The question is now how are they
10 be pail The Stockholders Of the latter act
ing on The principle not uncommon in hi, section
Of the county, "every man for himself aud god for
ALL have sci up the plea that they are not bound
which, if so leaves bur one Of two alternatives and
that is tact submission to taxaon. or open and
manly resistance to oppression and robbery. You
my countrymen, viii be called on 10 decide This
momlhtous question al the polls. A question in
WHICH your Liberties and rights Of property are
deeply involved.
Those, whom you elect, are 10 speak either
in The language Of resistance or submission. should
you submit, you may expect TO pay, in gcld and
silver, twenty times the amount Of taxes you now
pay, which money will not 60 TO repenish the in
solvent Golfers your bankrupt treasury but will
90 across tho water 10 support the prollgucy and
extravaganza Of The lords and nobllly, who bow
at the llotslooI Of Madame Victoria, aud who are
making rapid strides to control the des'nIes Of
this on shappy coun'ry Its useless. my friends
TO blink this question. Il had as web be brought
home to you at once. II is a question Of liberty
and slavery II is, will you stand to arms nthe
true spuit Of your fathers Of rs, or will you sub
init to be taxed for the benefit Of the same geHiry
who then tired to tax US, and who look on The
common class Of mankind such as labor Tor their
support, az no better than galley slaves. This
money has been obtained loan by The banks,
on what IS most looIlshy termed the faith and
credit of The state, or "a other words, those whom
you sent to jackson to egisu'e foi you have au'
Ihonzed those banks 70 borrow this money and
have pu your land aud negroes % security Tor the
same. This money has been squahdered IN the
most foolish manner. II is not pretended 10 ln'
sinuale tina, those 10 whom The management oilhe
banks have been uuusted, have applied this mo-
uey 10 olDef purposes 'He" De''"'i5 VI 'A 10 NO
Ordinary transactions between man and his fellow
men they would act dishonesty. The writer,
from a personal acquaintance believes them
honorable men. But this umentable catastrophe
so fatal to the wealth and future prosperity Of the
state, may. 10 the MAR, be attributed 10 a fetal
ignorance Of correct aud practical knowledge
OF the first principles ol banking.
What is 10 be the effect should lax be laid on
you to pay those bonds, you vino now pay 81 may
expect 10 pay twenly' This money is 10 be eoIlecs-
ed in gold and silver and should The poorest class Of
| you not be able to raise the money, the beds on
which your wives and children sleep, he tabss on
which YOU eat your daily bread, viii be taken BY the
sxcsemen for the benefit Of those who live IN spen"
did brick palaces, who sleep in mahogany bed
steads. cal with gold knives and forks. and drink
champaign, as .he ordinary beverage Of The day,