The Democratic Whig. [volume] (Columbus, Miss.) 1842-1843, 1843-09-01

I have them paid. Illus, ar, can he
seen the hollowness Of his profession
and the destiivlion Of motive, save 70
humbue and deceive the people. Gen.
Brown concluded with less applause
than we think was justly due him
having detained the audience about
two hours.
Col. Clayton now rose and addressed
the audience with an air of composure
and self possession which challenged
the admiration Of every one. He
thought il foreign 20 engage in a dis
cussion upon National Politics that
| in the enchantment Of distance his
com petitor seemed TO have forgotten
the domestic circle Of our own State
thathe was in favor Of settling things
right at home ; Of arranging our own
households and we would then be
better qualified to look abroad to other
interests. He then took up the ques.
ton Of the State bonds, and entered
deeply into their coEstitutiOnality. He
showed conclusivelY 10 every one
whose mind was not fettered by his
purse strings, that the constitutional
obligation was as complete as il posi-
bly, could be; and that every requisl-
ton had been complied with in their
negotiation. But the great hook, he
said, upon which they hung their objec
tons, after being driven from every
other point, was the alteration made
by the, Supplemental act in the original
Bill, commended that the supplement
did not materially alter the nature Of
the contracr between the stockholders
and State on one side, and the Bond
holders /; but between the two first it
may. Yet no one will deny that the
State has the power to alter or change
the relation it bears to the stockhold-
els, and yet not effect the validity Of
it, as to those from whom conformity
they had obtained the loan.-But, said
he, granting that we are constitutional
| ly exempt from the payment sweep
away every VesIige Of the constitution;
deface it and the obligation is the
same-for it is a mere moral obliga-
ton after all. There is no tribunal
provided in the political association to
which we can resort there is none
uor con onnIu ond mbon soSa.a;rn-
,;os oro art;es ,ha 100 sc RI
and generous people is'the surest safe
guard ;. higher and more powerful
- 49, 80 80 80 ~ p''y r.
men, If tb;s ,r;bunsI NAV be narvor,s5
The acn,eness ~ ,t,.t I0oroI sans;b;I;
~ which IS the characteristic If an
A,oerican citizar nov he bL,n,sd bv
anneaIs ~ av.r;ce 20, ,haro =
| tidsoIs Il which 1 nave an abidin1 CON.
ntienck ana ~ .filioh r sbsT ever re-
ly-the reflection and deTiTvFa,iUi. IS
our sober momegts.--U Upon this sub
jsct, Mr.. Editor think / never heard
so able and SO eloquent an address.
The speaker felt deeply the righteous
ness Of his cause, and the effect upon
all who heard him was equally as pal
pable.
From this be advanced and gave
some probable reasons for the siren
uous opposition offered by some, his
competitor among the number to the
payment of the Bonds and here is
where the secret leaked out. From
report showing the condition of the
Bank, it appeared that A. 6. Brown,
his competitor, for himself and friends
bad drawn from this same rotten con-
Germ, the defunct Union Bank up
wards Of Jftfy thousand dollars, about
thirty thousand Of aOhich remain I'M
paid yet This accounts for "the
milk in the cocoa nut" In reference
TO the means of paying The Bonds, he
said, that with vigilance, enough of
the funds OF the Banks, could be secur-