The Democratic Whig. [volume] (Columbus, Miss.) 1842-1843, 1843-09-07

paSt5-anu Two OF lifee OF mem we
are bound to admit, have quarrelled a.
bout acknowledging a part Of what
they owe. rGvf
But what is the extent ofthis dlspHt-
ed part Of the deb6 Of the states Let
Us see "the head and front" Of our of
Tending.
Two Of the states, aud one Of ihe
territories. have officially equivoeated,
as to their obligations. Mississippi
disputes paying which was obtained for
banking purposes, as her governor al
leges il violation OF The constitution Of
tbe state; Michigan disputes two mil
lions two hundred thousand dollars
which was negotiated for purposes Of
internal improvement through me uni-
ted States bank. And Florida hss re-
pudialed three millions which she OBJ
tanned for banking purposes; making a
total, disputed debts, Of $1,000, 600.
Without referring to the pretexts al.
lodged for disowning their obligations
in those cases, It is sufficient for the
present that we recognise the seal and
signature ofthe constituted authorities,
as the acts Of the states respectively.
And we have no doubt that the people
Of the states, without exception, will
compel their own governments 10 re-
deem those evidences Of indebtedness.
Disputing q claim is always injurious
to The credit ofthe debtor, but can ne
YER invalidate The debt; refusing pay
ment, 'repudiaiing,n nor any act Of
',limiialion, can invalidale just
claim upon a government The bind.
ing obligation Of CONTRACT, is more sa-
credly insured By The moral obligation
ia such a case. than even by the letter
and spirit % Constitutional provision.
Why K has beenior a Ii e out Of
The power Of some OF tie states to
comply ga ihe instant With their obli-
cations, we have sufficiently explained
ina previous article. That none Of
them would dispute any Of their obi
gaiiouss under such circumstances as
they we're compelled toendure, would
have been rather wonderful than pro.
bable Republics have amongst the.l
rulers. 81 sorts Of men, entertaining al
SORTS Of notions, and occasionally pro
posing all manner Of expedieuts. Al
unfortunate direction is sometimes Ia
ken--a Step rom which il would hav,
been better npen reflection 10 retract
The ioTm Of governments yet 10 b,
discovared, that is exempt from sael
liability
But4here is no form Of goveramen
which Is more likely to FetFaoe an er
lror lhan iha form under which ihi
Auariesns as noR feposing Flori
ida oh6 q lIi dlspniilg three, nance
laboee S uo set 0he 81 ihe states .
lt6 Union. shei std Us ihs ininoH
fY saa UNct SAN hsF guardian
MS aiale bag in las 9nlo
tb1f doubts 0a be i'sposisioH or th
aasIofi oI be golfdan q baFeJus
Itine done IS q 6 hsr debtors
4 Michigan he oea ges sislerinth
Union 4erpeop assunedt1a pow
81 81 sell-goyefnmeui q the unloFu
uals instant When speculation vas
acme ahd re fn exercise Of ID
h s6ssfs IVES 70 make q impfudel
90 saea 2 |mpme9l. -
a nomabI QYesNhelmed 3
1.-The eF which nsne Butihe 81
ano ol IichIgal ara NEST ral
-|Ia naQ What ull two POI
lI6a 81 shl t osucha state as n
ehIean sd he sgen years hence e
4 Look a de fsemiag products 81 b
Soil lhatala lfeady seakii.g eyerym
e Mississippi was tie fFsl 10 conte
hsr Habiily I0f her bouds. VIII
Z Allsslpp has suffered, instead
! gained 81 ihat aot let her melancho
Il condition answer. How long she 2
s commune d 40 aitEude 81 puenvlap'
/. We can only onjeelure. That
Is change viii speedily Be- wr0oghi.loo
probable iFom tie iacl, that whilst o
3 81 tie political parties there 10 unbi
ken column are exerling every neT
f 70 have the state redeem their bon
Is heretofore in majority, so far divid
upon the subjeetat their state convl
Is ton held a few days since that tht
n. who insisted upon the state paying
II tually seeded and Withdrew II
the convention. Whether the chaI
lie is si baud Of IS to yet be delaye
,le oil sueataallg cone. We do
lls mean a change of party, but a cha
We Of the state policy mississippi
" and win redeem her character.
zee We verify believe thar 10 party
.on continue long 10 power there,
ses ueglects the means Of retrieving
the See, in another part Of this nus
Iips Gov. Hamilion's adorable spl
upon reputation IN that state.
em So much for the Two states aud
'ent territory which dispute paying
) = debts.