The Weekly register. (Ponola [sic] Panola, Miss.) 1843-1844, 1843-10-14
MISCELLANEOUS.
Extracts from the Address of the whie
Committee to the People of the state
0f MiSSiSSiDDi.

! In 1889, a convention met at Jackson
to form new constitution. They ulti-
mately agreed inthe adoption of the pre-.
sent constitution, after having effected
a much greater compromise of the con-
iicting opinions and feelings by which
the members of that body were almost
equally divided than they had any rea-
soa to expect. The conservative party
IN that body, at the head of whom
stood John A. Quitman, recommended
End suppcrted, against strong opposition
that clause ofthe constitution by which
the power ofthe Legislature to pledge
the faith of the State for the loan ofmo-
ney is restricted. This restriction was
strenuoasly opposed by the ultra Dem
ocrats, at the head of whom was D. w.
Wright, as being anti-fepublican; and
moreover, on the ground that the con
yention wego not authorized 10 abridoe
the sovereign powers of the people by
any restriction, whatever but Only TO
declare the form and mode in which
those sovereign powers should be iexer-
cised. These objections were met By
the agreement, that this restriction was
not intended to abridge the power of the
peoples but TO modify the exercise of
that power by their Representative, in
order to protect them against the hasty
and improvident action of the Legisla-
ture, by giving to them an opportunity
of rejecting on the propriety and ne
cessity of pledging the faith Of the state
for the loan of money and of declaring
their disapproyal of such measure, if
not considered proper or necessary, by
electing another Legislature unfavora
Bile in It's adoption-that on the other
hand, if the people approved the meas
ure, they would afford tacit demon
stration of that approval, by electing a
mother Legislature favorable to it. AT
ter long discussion, the 9th section OF
the TIN orst0io wee edep~-d, part. of
the new constitution. We have alluded
to this passage Of history merely with
the view Of showing the reason of its
adoption and further that it emanated
from these who are now in favor of pay
ing both the Planters and Union Bank
bonds, and whose opinions, as the ira
mers of the constitution, on account vi
their knowledge ofall the facts and cir
camstances cotemporary with It's adop-
ton are entiAled to the greatest respect
in the Interpretation Of its provisions
and of the extent of every obligation
growing out oft. Hoping that cur rea-
ders will bear in mind these PREDATORY
observations, we will proceed with the
history of the Union Bank Bonds,
By the 9th section of the 9Th article
of the constitution, it IS provided that
:.No law shall ever be passed to raise
loan of money or to pledge the faith OF
the State for the payment OF redemption
of any loan or debt, unless such law be
proposed in the Senate or House oil he
representatives., and be agreed on by
majority Of the members of each house,
and entered on their journals with the
yeas and nays taken thereon, and be re-
ferred to the next succeeding Legisla-
ture and published for three months
previous to the next general election IN
three newspapers ofthe State, and I'M
less majority of each branch of the
Legislature elected after such PublIca-
ton shall agree TO and pass such law:
and in such case, the yeas and nays
shall be taken and entered on the jour
nails Of each house.
We. will, for the present, waive the
question, whether the passage of the O.
riginal charter, by. a. second Leglsla'
ture does not itself constitute proof tina
all the preliminary forms of the cohstl
tuition were complied with, and also the
question whether even the omission o
some Of these forms was not cured D!
the acquiescence Of the people and &C
ton oftheir Legislature, and will al
tempt TO show that these prelim,nar,
forms were substantially complied wit
in every essential particular. !:
In January, 1895, the bill to incorpe
rate the Mississippi Union Bank wa