Independent Democrat. [volume] (Canton, Miss.) 1842-1844, 1843-07-29
LETTER FROM GENL. BROWN.

LIZ Eh MIN HHAN'
Messrs. Editors:
Il was stated by Mr.. Clayton, IN a as
cussion between him and myself al JACK,
son, the other night, that | have received
accommodations in The way oil loans, 10
,be amount of "fourieen thousand dollars"
From the Union Bank. The statement is
federated in the Southron newspaper, in
large and blazing capitals. As this mat
Ter is, suppose, to be made to figure ex-
tensiveIy in the approaching canyss, |
wish to give the public the facts in regard
10 il:
Soon after the bank went into opera
zion, applied and obtained a small loan,
most of which was exhausted in paying of
an unfortunate endorsement for an all
sconding Wing. Some time after, notes
OF mine, given to person by the name of
Scott, for property purchased on a long
credit, fell into the hands of one OF the Di-
rec,ors (Mr. Barnes.) Before their ma,
turity he applied to me to get the form
OF them changed, which did and he sub
sequen,ly had them discounted at Bank
for his own accommodation, and got the
money. OF these notes there were nine
thousand dollars. One other note for
three thousand fell into the hands of anoth-
er Director, and he obtained lis discount
and got the money. 1t was not at my in
stance or request that these notes (twelve
thousand dollars) were discounted at
Bank. did not get the money and |
never cared whether they were discounted
or not. OF the amount Of my endorse.
ments have only TO say, that | was in the
habit of endorsing for persons who asked
me. without distinction ofparty. The
democrats always saved me harmless and
The Wings pretty generally let me suffer.
III il was not against law for citizens OF
Texas to vote in this country, should
send strong appeal TO some OF them
whom have accommodated in this way, to
come back and vote for me, at least, If
they cannot pay back the money, since
their friends, in this country, seek to inc
lure me, publically, on account of my i'm
prudent friendship Tor them, in days gone
by. | think, in all conscience, have
suffered enough all ready by my endorse
ments, without having my political lor-
tune wrecked by them.
Several votes of mine, given in the Leg
islature, and gazetted in the last South
ron, in manner to produce iaIse I'M
preston, | shall not attempt an explana-
lion OF, in this letter, but the public may
rest assured that will demonstrate that IN
giving these votes acted upon correct
principles, and on this issue alone,
would willingly stake the election. 1t
will be born in mind that had no oppor'
tunity of replying to Mr.. Ciayton's speech
a, Jackson--hence the necessity for these
explana ions.
am s,rry to see the Southron has fall
len into an egregious error in stating that
| laid it down as an incontroveriIb|e lacl
y in political economy, that the amount OF
exports from any country Wds the test Of
her prosperity. | said that the country
might be prosperous in proportion to the
4 amount of its expor,s-ihat Is, it with pre-
csely The same amount of productive Ia
Dor and with the same prudence and econ
omy in the management of 1t affairs II
exported twenty FIVE millions more this
year than it did last, that 1t was, by thai
amount better off this than it was last
year. But l certainly never meant tie as
sert such an absurdity as that, ii The coun'
TRY exported even twice as much thl'
year as it did last, and yet imported ant
CONSUMED more than it exported that
could be prosperous; but | still think
country may be prosperous according t'
Its increased exports, other things remain
ling steady. But il the economy be tbs
same, and the productive labor the same
and the exports diminished, the country il
not prosperous.
Yours, &c.
A. G. BROWN.