The Weekly register. (Ponola [sic] Panola, Miss.) 1843-1844, 1843-11-04

"toa S0'SHN W VIC "'TN'" WV" u'"NH
iMperfect,on hence The hishes, aud
brightes. projects Of politicians aud
statesmen are eiten bles,ed by frequent
and unexpected niscarrieges, 81 DOOM
I'D 10 inevitable aestriet,e,N Those
measures from which the most iiaNee,
/ 5ng schemes are entertained, are ire.
quontly followed by he most disastrous
] consequences. The truth - tkese eh
/ scrvations may be welt illustrated ny
viewing the progress u abe Ca,oa Rank
/ OF Mississippi which, though la,eadea
tor great and general benefit has beer,
IA is results, nses, Taleeus 10 some and
preladicjal % all. Various may Ike the
reasons Tor the sudden and unexpected
isilare otshis institution, ho, the Follow.
ing may be considered among the num-
Der OF the most influential and import
mt. By the charter, tho State was 10
farnish all the FUNDS for the esta lish-
men, OF this Bank, and the stockholders
were 10 give bond and security tor the
proportion of stock assigned TO each of
them, allowing that proportion 10 be e.
quall2 distributed over all the State
Had this scheme been virtually and
honestly executed, together with sufi-
Gent checks against improper and I'M
reasonable accommodations TO particu-
lar individuals, there would have been
a reasonable expectation Of IFS promised
blessings; but without these restrictions
never was the old proverb "come easy,
go easy" more completely fulfilIed-for
they seemed as if they could never scat
ter the money fast enough. Had Gen.
Brown, therefore, by prudent and
proper foresight guarded against those
miscarrlages and acknowledgement Of
the Bank by carefully checking their
discounts, he would have rendered an
infinitely greater service TO his constit-
uents and the State al large, than rails
ing his constitutional objections, which
none could understand or agree 10 but
himself Had he been as asfuie as he
supposed himself, he would have con-
fined himself 10 cash regulation. AT
one period 10 be-sure almost every thing
was unccnstitutional-a Bank was IN
CONSTITUTIONAL tariff was unconstitu-
ilonal-internal improvement was IN
consiitutional-and like some crimes of
which 1t was truly said that it was a
charge easily made, difficult TO lie
proved, and still more difficult 10 be
guarded against.
But whatever may be the objections
on constitutional grounds which preiu-
dice or prepossession may raise, and
which were forcibly and satisfactorily
answered by Mr.. Howard here on the
score of principal and agent, and still
more 60 on that Of international law;
vet apprehend the great length Of ac-
quiescence on the part Of the State, and
when it is impossible to place the parties
in statu quo, would preclude, before
any equitable tribunal, very positively
of our taking advantage of our own
wrong. Add TO this, that when the Lee
gislature did by their solemn acts and
resolutions, after the sale of the bonds
~ their commissioners, approve and
confirm all, tina! had he done, it seems
TO me, 1t must be ignorance to contend
and obstlnacy TO persist in raising and
insisting on objections. No,withstand-
ing such clear and convincing areu-
ments, 1t has. been made hobby 10 ride
into office from the governor down to
the lowest officer in the State; but it is
now 10 be hoped the good sense Of the
community will put an end to this hum
bug forever.
We have now gone over and stated
the grounds and foundation Of the glo-
rious doctrine of Reputation, as it ex-
lists IN Mississippi, without ever naming
1t. A doctrine more abominable-more
abhorrent and more demoralizing than
any thing that can we'll be imagined-a
doctrine that destroys all public as well
as private conhdence-a doctrine which
puts an end to all dealings between man
and man-which degrades US even be-
low the level Of the heathen-and ex-
poses us 10 the ridicule and contempt of