Independent Democrat. [volume] (Canton, Miss.) 1842-1844, 1843-10-14

), For he Tndcpcadem Democrat.
A DIR. CARTWRIGHT g. HIS LETTER
The flourish of trumpets with whic
this gentleman, and his late euer, hay
: been paraded before the public, gives then
, claim to consideration that could not b.
accorded to their real merits.
Those who are 50 unfortunate as net I
have Heard the heralIs announce the en-
ry Of this rejoubtable knight into the list
of The tournament, would perhaps be graf
flied TO learn lcho is Samuel A. Cart
wright? lie is, then, citizen of Natchez
the self.same individual who once reioicec
in tho appellaiion of"Rei-pepper. Doctor
one of those swelled heads, who constitute
the scrub aristocracy OF Mississippi, ant
with whom upstart price and purse. proud
inso'ence are a sufficient passport to fel.
lowshlp. The doctor has fatal penchanl
TO be considered an universal genius; and,
we believe, there is nothing in the walks
OF literature and science which he has moi
essayed, from cholera infantum to the pro-
funniest questions Of political econo-
N.Y.
"A bookful blockhead ignorantly read,
With loads of learned lumber in his head
No stronger proof could be required that
the Doctor sat for the picture We have
drawn, than perusal OF the letter TO which
we have called attention. In that com.
municaion we witness The affectation of
philosophical profundiiy and polished dc
ton; the awkward introduction of antigua.
ian lore and historical illustration; the
straIning after remote analogies and the
Babel confusion of knowledge, which are
Swallowed forth in The features Of his por-
trait. But our business is more particular
ly with the matter than the manner of
hat letter.
In The performance of our task we will,
in the first place, address ourself to con-
siderAtion Of the Doctors dogmas ON the
Union Bank question. We beg our read
ers, however, TO be Gained by the assn
rance that it is no part Of our design to in
hict upon them an elaborate argument of
a question already so fully investigated by
ADLER intellects. Our reason for bestow-
ing on it even passing notice will be
found in the fact that 1t constitutes the nu.
ecus of the Doctors communications
We must be INDUCED in n plain
statement Of the law and The facts
touching the sale Of the Union Bank bonds,
and the States liability for their payment;
because that statement will of itself carry
10 minds, not overwhelmed with
loads Of learned lumber" against such
Liability. Our constitution fortunately
contains wise and guarded provision on
he subject OF borrowing money upon the
credit of the State, and the pledging of its
alth for the payment thereof, by which
he property of the citizen is secured
gainst the effects OF hasty or corrupt le- .
lslalion. The original act of the Legis-
'ture, creating the Union Bank, proposed, 7
conformity with this provision, to pledge
he faith Of the Stale as surety for the re. =
emption of certain bonds, amounting 10 -
iteen and huff millions Of dollars, exc. -
nted to the order Of said Bank. But prior !,
the execution ofsaid bonds by the state,
nd IN order to indemnify her against all =
'ss on ac cunt of the liability to be thus '.
ncurred, it was provided by said act that =
nose subscribing for stock in the bank o
'ere to secure The same by mortgage ION .
roperty Of a sufficient character, and of If
n impe'ishable nature" Under the pro. II
isions CT the original act then the whole u
nPital of the bank and The mortgaged pro. U
srty stood between the State and the
lyment Of the bonds. Under these cir
instances, and upon these conditions, the
'ople of the State were willing 10 pledge
n faith as surety for their redemption.-
e will grant that it was so pledged in
let accordance with all the salutary re- on
lrements Of The constitution. But subse. r
ent to this pledge of faith on the part of co
eSa,e, and before any bonds had been alb
ecuted under the provisions of the origi. ne
act, the supplemental act is passed by 'oS
Legislature, by which the State herself n,
made stakeholder to the amount of five of
lions Of dollars, her character changed col
m c,,roi,, a e.. Al =.