The Democratic Whig. [volume] (Columbus, Miss.) 1842-1843, 1843-10-05


I yela ard eira Tie bend PAYER an opportunity
io make he tiiori, and ~ nofd ior i the very
name 81 repudaiion niN become 3 by-word
oipproach fhrourhoal ihs had. But g eject
these things Il IS nereaarY fha. We shall baTe
9 bond-payiug legislature. Otherwise 90 law ioE
attaining he desired object can Be passed--
We must have 1ond-paying Governor. other
vase he veto power vii strike dead any effort
% provide foT The paymeni--we must have
bona.payers - Congress. uiherwse the act ior
allowing TIE proposed application Of The Mis-
sissppi lands viii Be opposed By our own mem.
beu--we must have bond paying Senator 10
Congress. Otherwise bis disssniion wil defeat
any act Of Congress on the subject.
lam asked 81 4 repndiatoF ioF q plan 70 Ell
ieel thesa things. / viii suggest the promi-
neHl features 81 one leaving & 10 be filed. b.
those who are mnrs immediately engaged in
politics lhan ! am
lst. An act ofthe legislature providing ioT
these thing. The assessment and collettiono Of
an additional tax amounting to about ohe
eighth Of one per cent. on the present value Of
lanble properly in The State; specifying as
taxable articles under such act, the property
ID that behalf above mentioned; that this fund
and 90 much Of the taxes collected under The
present assessment as shall exceed the expen.
ses Of the Government, shall be applied IN pay
uient Of the interest account Of he bonds
a. An act ofthe Legislators putting into
market imme iiaiely al The lands beloging 10
the State Of Mississippi; the establishment Of
a commission for the sale thereof; The lands to
be offered AZ a minimum price u ten dollars
peracre, payable 10 gold or silver. or any 5fti e
bonds OF coupons for The interest thereof.
whether said bonds or coupons be due or not.
but where coupons not due are paid 10, thev
shall be taken at a discount Of five or six per
cent. per annuIn, as they may be coupons ofthe
Planners or Union bonds. The fact that these
bonds are FOR $1,000 and S2U00 wall make no
diherence;a aEwel regulated Commissioners
Office, would, BY endorsement on bond, where
partial discharge thereof was made, and BY en-
try IN bis books create perfect vouchers, and
atthe same time be able on any day 20 furnish
to the legislature statements Of all payments
made by bonds and coupons, when an entire
bond or coupon was paid in, i would be used
and destroyed.
Bird. An act Of Congress donating the Mis-
sissippi river lands liable n overflow, and au.
thorizine the State to use al funds and eff cts
from the United States, as she may by act o.
her legislature appropriate them.
An. An act Of The legislature placing III,
Mississippi overland IN market a. before sug-
gested Of other lands Of the Stse.
These acts being passed, nothing would re
main but 10 execute their provisions. The
two first can be passed at the next session Of
the legislature; they organize and commence
the plan az once; under them near half per-
| hips more than half Of the debts would be paid.
forihey would provide for the interest and sub.
| ject TO purchase with these bonds lands worth
near the whole amount Of said bonds. They
would also give two or three years within
| which TO test the success OF the pan, and to
! dryso the best mode Of rendering available the
other etfesls have mentioned above as availa-
bic; such as the sinking fund notes, the Semi
nary and Town LIT notes, claims on dehultng
tax collectors, the effects Of the Mississippi
Rail Road Company, aud the Union bank, and
The Mississippi river lands. .t.,
believe, nay am sure, that the plan thus
commenced and executed by these successive
steps viii ensure the ready Investment Of these
bonds and coupons. The reason is obvious;
| they are worth but twenty cents on the dollar
in Europe; here they will be al par with gold
or silver for the purpose of entering these lands
| hey, like all other articles Of Trade, viii be
| brought TO the best market to be found for
ihem-herei then they viii inevitably come;
fstsy bvfa1 snsq ffisesssri sf- si- 81, ~
| that amount; every coupon thus invested is a
payment sfse much Olihe interest; both there
fore, reduce the amount to be raised bg taxa
ton, much below the calculation have made.
| The soun9r this scheme is commenced, the
better. Day BY day aud year by year, this in
terest is accumnla ing; TO defer the day is out
to increase the evil; we are but suspending a
/ blow from the band Of child, until that child
shall grow into a giant, the weight Of whose
| blow will PROSTATE rs TO the earth We can
pay these debs nowwithoutlo oppression; a few
years hence, il will Govern with poverty. Ne
are Delaying justice haithe dag Of reiributiOa
may be more Seters
To he regulators, we bond payers have
been lawyers, and urged the legal liability Of
the State; as statesmen, we have urged the
necessity and policy Of preserving untanished
her public faith; as moralists, we have urged
tho business Of the payment; as christians, We
have urged that we should return that which
yourselves say we have unfairly obtained;
and as philanthropists, we have urged you 70
| relieve the poverty which the unjust act of re-
| puutatlH-a vas ut0usuh vi many ilANVCGNt put
ohasers Of our bonds. TO you who are still
repudiaturs, these appeals have been in VAN;
we cannot and will not believe that il is either
siinginess or avarice, which prompts your &c.
tons on this matter, and to these two principles
oft human heart we do address these calcu-
ations; but we donol know that you have been
imposed upon BY your faetious leaders; We
know that ambitious and designing men have
excited in your minds unfounded apprehension
that TO pay these bonds will take from YOU
families the necessaries Of life. These appre
tensions have been buwarks against our afgu
menle. Toremove them IS the object ofthest
calculations III have effected this, have at
aimed my whole purpose. You see theutte
nsiQnidcance Of the sacrifice you are asked L
make; at most, but dollar or two each yea
perhaps only a few cents. How striking i
the contrast Of your own conduct; how mani
Of you, ifyour oountry's honor called youto III
field Of battle, would refuse to gol Woul
you supiney be at home, and say your coun
try had 20 character to support; that national
/ i;y was nothing. How many Of you did thi
IN the late war, when the question was puFel
: ofnational honor; to-wii: the rights Of Amer
4 can ssamen, Yet all this done for natiun'
. honor, at the hazard Of iiie-al the sacrifice
comfort Ito tho distress Of your family, and a
the expense Of millions. II you make thes
d sacrifices TO preserv- untarnisbed your coun
. trys honor, you cannot have the hitleness {
|: soul 10 destroy that country's character for ii
I paltry consideration Of a few dollars. Do 20
+ answer me in the language ofsome the eaain