The Democratic Whig. [volume] (Columbus, Miss.) 1842-1843, 1843-09-14
THE INDEBTEDNESS OF REPUDTA-
TORS TO THE q. BANK.

Tho Regulators appear 70 6nd il mpossi<
bic to comprehend the reasons which have
induced tho Bond payers lopublish the indebt-
edness Of the prominent members Of the Re-
pudiating party to the Uaiop BanlR
They affect to view Il s ezlreaisly discouf.'
fsu'ss sod '"'Hen@rnns - Mss Clayton 70 urge
against bis opponent BIS indebtedness 10 thse
Institution; and they attempt 10 reiakaie BY
bringing before DO public toe private aiiairs Of
every individual, who is active in bis opposi-
ION g their dishonest doctrine OF Reputation
we shail moi condeseend 10 enter into an ex-
PLANTATION Of any Kind, for the purpose ofvnei-
eating tie correctness Of our counsel IN our in =
dvdnai transactions; when il shal Be aasailed
from a responsible snWee in manner 10 can
for oaf notice, we sliall &c prompt 10 rsdroas
The iBjury But we shall claim the privilege
end exercise the right Of exposing the neon.
sislencas Of thuse, who are urging their State
70 commit az act, which in the eyes oftbe
whole civilized world, with the exception Of
comparatively few individuals in Mississippi,
is looked upon ne highly disgraceiIl and dishon.
0-ahle. ILL tho language Of the "StatesInan,"
mo proposition can bo clearer than that an
men, who obtained OF applied 10 the bank Tor
loans BIZ that act, Recognized il as a legally
existing Institution, approved the sale q the
bonds, and are now in law and justice eslopped
from regulating, upon the ground thi TIE law
authorizing The issue Of the bonds was a viola.
Of Their Constitution, A large majority Of the
people Ci this State have done this very act y
Il has been 70 weaken the influence Of their
objections 20 the ceastitutinality ofths Union
Bank that the indebtedness Of certain indlvid-
nails has been adduced ~ this esnvass: men
who have made themselves notorious N AZ.
nouncino as unconstitutional An institution.
whose enal existence they have repestedlp
recognised, and IN wbose bene6 e tkav have
largely participated
But This Is not the first occasion On which lhs,s
10 the Union Bank has been pnb-
Iished. The liabilities uf al the debtors 10
the Union Bank, Gen. Brown, Father Mat
lhews, Dir. Roberts, Dr.. Gwin. Pafson Hamei.
&c. among the number, were Published b. or
der Of the legislature, and spread upon thsir
journals aud thus became part Of the public
records Of the country. Why then Is lhsra az
this particular time such remarkable sensitive.
ness evinced in regard 10 this exposure lis
assumed for the purpose 81 peFvorting and
Inisrep presenting the argument dedueed from
80 a. AHaAAAatAiH . ~ iaAtAleN VI AllH N4It o.
tho bond psyerH % preclude those, wh0 are 90
unfortunate as to b unable o discharge thsf
debts, from expressing the opinions 81 exer.
oising the rights Of fFaemen Ia the poltioalaf.
fairs ofthe State. Il is with The demaqugui.
cal purpose ofinlisbng the preudices Of DE IN.
debted portion Of the people against The Bond
payers. 1.-THE Bond payers wera actuatsd By
such motives, az The kepudiaiogs represent
WIZ have they confined Their exposure Of he
Indebtedness Of the Anil Bond men 10 the
Union Bank alone Why have they not ran.
sacked the Court dockois and the books Of 9TH
on banking and laid their entire IN
debiedness before the pubiei It is because,
they have no object 10 accomplish ii such q
course; no argument could BE- grounded upon
such an exposure. Il Is not the Indebtedness
simply Of the Regulators, that disquali1es
them from maintaining The position, which
they do IN regard to ih8 reputation Of the
Union Bsnk bonds; but It IS her voluntary in-
debtedness TO thai institution, which estops
them IA law and Justice from refusing to pay
the bond holders. upon lhe plea that The bank,
which lhsy had already recognized in their
transactions with Il, was illegal and unconsti.
tulionaI And is for ihis reason that their
iraebiedness 10 lhe Union Bank, which maY
be FUND recorded upon the journals Of The leg.
stature, has been brought before the people
from lhe stump and "a the Bond paying papers.
Il S 10 exhiht theidinconsislencies and expose
re holi0wness fthair pFetention8 q that ga
cred regard for the constitution, which thsYso
necessarily prnclsim.