The hornet., 1843-07-25

pubic efsdi, !. p,sl,llssd sas. I -ill sssss
I psass fof sg8 ~aigf even uss biils I sn
gulHV ~ f4g. I wgBh bsi ifY, " I faAd Hsi
elglm lsfh ne nxhii shl pnfilsgsl n Tst
PAYER ln NisslstiffA
Il u assply ~ l.s dsplsfsd. ilpal ils 'pas "
ias alligsihon n Iississigpi ~ psy he Bghds.
~ Hhih ths hiih n ils piil.e sssl s aitscils 1
"a, hts lssn bea,isd wlih qustilsns Fsfy mueh /
NJ n party rhsweisf fe " " sf~Hially =
great drHstiir question, ~ ~ decided 80 W.
swn merits. ifse ffsu iiia baf sod sNninsie
.aausnea of afl other roa,0dsailgnf
tui, my hlsHdi. work u shleh waY ygu
Win MiHiHlpu muH p8E n sf unslisfss
BE ~ NE siefasl pfihflplss n truth shd jus
toe, and from ~ either eosfcipH thsH lhsi
which afiies from her swb ssnss n hynsf,s-
IN mailing ihit dsellfaiisa, ashtIsmsn, Ao not
lst ms b. understood, a. not folly recognizing
the reasons iof ihe very natural, almost escus
sable. frueiance, wth wtifh che agtnowl
edges the obligation n debts nego'Hisd ibI
sons respects NJ vafaoee with her iBtiitu.
lions. the proceeds of which mly have been
disslpated In q mpunef highly unwse md een.
surablc IIut entirely apart from all abstract
principles of right. ii ~ consonani 70 a wise
policy. having reference exclusively ~ IN en-
lightpnsd seIf interest. that she should make
early preparations fnf the payment Of The IN
tercd and the ultimate redemption 81 the
principal Of her Foreign Debt No nation
can subsist without public credits II is The &c.
ment of social prosperity and national honor
II hold this proposition TO be phllosophically
| true. and susceptible of the most ripid demon.
stration. When therefore. the excitement ol
party will be removed from this great quos.
| tion, no man, capable of forming just cstl'
mate of the resources of this State and Of the
spirit and libcrality Of her people, can hesitate
for one moment in believing, that not one
member of this Union will surpass you in
your heroic efforts TO redeem untouched your
public Faith and Honor
Gentlemen, was in England when the in.
teligence was received, and the shock was
felt of your failing to pay the Dividends on
your Bonds. might describe to you the panic
which this intelligence produced, and its dis
astrous influence on the interest OF our whole
country--but | forbear. | know that the
losses or large capitalists are not very apt 10
produce much sympathy; but your Bonds, you
will permit me to inform you were sold at
price which seemed to promise high rate ol
Interest; they were therefore purchased IN
Europe by persons in moderate circumstances
seeking in this way an augmented income
by disabled half pay officers, by comparatively
destitute WIDOWS, and by trustees Tor orphans
in no wise in a better condition. The state
ment of this fact recalls to my mind clrcum'
stance which occurred shortly after the news
reached London that the Executive OF your
State had declined recognizing the validity ol
YOUR State Bonds happened to step into the
office of friend, a highly respectable mer'
chant of London, where met gallant otHcel
of the British Army, whose acquaintance
had had the honor and pleasure previously tS
make. He informed me that he was an untor
tnnate holder of Mississippi Bonds. He re-
marked, al shall carry to my grave large
: deDoSit Of American Lead, which received
the battle of Chippewa, where wounded ant
. disabled fell into the hands Of your coun
trymen From their generosity, unboundet
kindness and humanity, | thought | coult
safely deposit with their good faith the htt
: goM limited fortune had still LETT me- saV
, the seal and signature of the State OF MiSSls
sippi, thought this enough;-but am nearl
! ruined by my confidence in your country
This, gentlemen, was said witha sensIblllty Ire
from all vituperative or querulous abuse
was said by man who stood SIX teet two II
: his shoes, the perfect and entire lmPerSonIfce
, tion of the finest models OF Phldlas and frax
, iteles 1t was in one word the gallant ol
James MassilIon Wilson, who was wounde'
, in seven places at the battle Of Chippewa AM
, who amidst preiudices and ignorance In re
, gard TO our country stood up as her generou
I and noblest defender. Can you blame m
! gentlemen, if assured this veteran, with
f gush of sensibiity equal to his own, that ever
farthing of the Mississippi Bonds, lnteres
and principal, which he held would be pad
= rs sure as there is a God in HeaUen; that
knew the resources of the State, and the char
4 acter of her people, that this was mere PAM
or suspension in her good faith, which had :, Re
q suited from causes entirely connected with tn
: supposed unfairness with which an informed
: ate negotiation bad been made for the aggrt
+ gate amount of the Bonds in the Unite
: IStates;-that there was not in her people
:. narticle of meanuess or sordidness;-and
- boId on with infiexible confidence in his Stoc