The hornet., 1843-08-29

SEEMING OPFiCE WHO nuRnOwED
MONEY FnpN Tiig BANKS WifO
VOTED fut THIN WHO FfDUDgD
.TiiE COUNTRY WITH WHAT THEY
TERMED ~ uNCONHflTUfiONAL
.CrRRENCY WHO PAID ~ TO Tim
llONEsT LAiOUEH. AND LERT Nm
10 SUFFER- YEs. THEY SHALL BE
CONDEMNED BY Az fNBrLrED AND.
.GREATLY INJURED pEoPLg
nFWs isks hs following su.GIs from ne
"Staismaa." q democratic paper Published II
fbe fiiy of Jackson. We regret ysfy mucb
that ihe Statesman s not taken BY every ifus
democrat ia the county. We kagv 10 soa.
talns weekly, astounding ften and expeditions
of the character and acts n men seeking u
fee, that would make lhe public, without dii.
uneiion n parties, open their eyes abd won.
der that such gross crimes could 20 20 long un.
punished Who are the leaders of antbond.
ism' Answer They are a set II men who
bawlcd longest and loudest IN favor of the
Union and other banks-they are a set Of men
who voted as members Of the Legislature for
the banks--they are a set Of men who were
sworn to support the Constitution orour State.
and who, by their own showing violated said
Constitution.
Why is il to the interest Of the debtors TO
the Union Bank 10 repudiate and run for Of.
fee. Answer Because If they can get the
people to believe that reputation is blessing
and get them to vote that way, and carry the
elections il will cause Union money to depre.
ciate and become worthless--they can buy it
up and pay the bank thousands of dollars with
a few hundreds. Who will eventually have TO
be TAXED TO make up these losses of the
Bank. Answer: THE PEOPLE. Why so.
Because they have suffered the debtors Of the
Bank 10 vote and LegiSate themselves out of
debt--whe hundreds hocked to Texas to es.
cape the process Of the law. For instance,
we will cite the case of Hanson AlSbury--he
was indebted to the Union Bank something
like seventy or eighty thousand dollars. AT
the last election he was rank repudidto', op-
posed to paying the bonds in toto. While
the contest was going on, or Immediately
thereafter, this stickler for the constIgi .lon
and laws of the State. packed up and rdn the
whole of his property to Texas. Just so sure
as the anti-bond ticket succeeds, oppression
and taxation of the people will be inevitable.
Every vote put in for an anti-bonder, is vote
to release those who owe the bank. 1t is a
vote to give away the means by which the
bonds might be paid. If the anti-bond ticket
succeeds, it does not lessen the liability of the
State to pay, because it has already been de-
cided by the Judges Of the High Court OF Er-
rors and Appeals, that the bonds were Constl-
tutionally disposed Of Now in the name OF
God and Justice, honest democrats, how can
YOU vote the anti-bond ticket How can you
vote to TAX the People, when you say you
are opposed to TAXATION. lfyou sell your
dearest rights you should suffer the penalty
your eyes have been opened that you may SEE
This article from the Statesman, will tell
"why they repudiate." Read it.
"LOlO AMI IODC'
Parson Matthews says, we were mistaken
in the amount we set him down as having bor-
rowed from the Union Bank. He says ne
borrowed for himself only $l 500, and his la
bitv as endorser was only $3,OOO-that ne
has naid all which he owed on his own account,
and a portion of his liability as endorSer we
examined the books Of the bank, and find the
Parson had borrowed exactly the amount
stated. These are facts, which we have taken
some pains to ascertain. When the Parsons
first note for $I,5OO fell due, he borrowed
/, 1876 dollars more of the bank to take it up
which makes, in all, $2,625. This operation
is what bankers call renewing" but we cail
il borrowing more money obtaining addl-
,;onal accommodation. We should like to
know if il is not as much bank accommoda-
ton to borrow money of a bank to pay what
man owes to it, as TO borrow to pay what IN Ihe
borrower owes to some other person. The
d;st;nc,ion is too nice for us to make, and the
bank does not make the distinction upon its
books. Every man is charged for each note
SNN"S' GO AaroH IL.