True Democrat. (Paulding, Miss.) 1845-18??, 1845-10-29


Bitin Warren C0unty. - You have seen,
30 doubt, the 'ten mortal columns" in the
Sentinel signed by 7. e. Robbins, dis
playing much labor, and probably much
legal knowledge We think the whole
production can be satisfactorily accounted
for, fnot answered, in four lines, viz: Mr.
Robbins and two others, in Vicksburg, are
receiving thesnug sulary ofelght thousand
dollars yearly each, as assignees of the
Vicksburg Rail Road and Banking Compa-
ny. Perhaps he thinks that if the Brlscoe
Bill should become the law Of the land he
would be reduced TO the NECESSITY Of saying
"Othello'S occupations gomez Mr.. Robbins
and his colleagues could afford TO write and
pay far the publication of ten columns
weekly In every newspaper IN the State
from now Till the elecllon-1or they may
have eight thousand dollars per annnm
eachfor life. atstake, which, i'll our opinion,
sufficiently accounts for the great interest
they take in the matter.
Mr. r. announces himseIfas candidate
for the State Senate. Do you think he
expects to be elected, or rather do you not
think his object is TO draw off some twenty
five democratic votes This relatives and per-
sonal frends) from Col. Nailor, which
would be playing into the hand OF Judge
Guion, and thus defeat the former Nearly
the whole ofhiS ten columns is tlatulent
attempt to prove that when a Judgment OF
custer is obtained against Bank, that II
does not necessarily follow that the debts OF
the Bank are eXlingushed. All that may
be be true. The Briscoe Bill does not say
the debts shall be exlingulshed- fact, 1t
SAYS not one word OH the subject; it leaves
the banks Jas to consequences precisely
where they were before. Suppose Judg-
ment ofouster had been pronounced against
the Banks before the Brlscoe Bill was ever
thought of, the consequences would have
been precisely the same as though the udg-
ment had been pronounced under the pro-
visions Of the Brlscoe Bill. Why then use
such great exerIlons to defeat 1t! The
Banks ought to be bound by their charters
and the laws in existence at the time they
went into operation Mr. Robbins lays the
blame on the debtors Of the banks as the
cause OF their failure. That is true TO some
extent, but who are those debtors! Does
he not know that the principal part OF them
are commission merchantsands Spectators,
TO whom only the banEswould extend their
large iavors and when these failed, (some
OF them to the tune ola million OF dollarS)
they plunged their endorsers (lhe hard
working pantorS) into utter ruin. The
commissions merchant and sPeculator took
the benefit of the Bankrupt Law aud left
their cndorsers torun their propertytO Tex
as, or lose what they had earned by life of
toll. Mr.. Robbins could point his finger TO
several such cases. The gross frauds and
palnab,e swindling carried on by the banks
IN going into operation was one of the
main causes of their failure. We cite one
case. The charter required that the sum
Of $4,000 should actually be paid 10, be-
fore the Bank went into operation. We
will admit that some WdS actually paid, in
ElalHeyS and Agricultural Bank paper,
which wee paying specie for their notes at
the time. The stockholders held a meet
ing, and organized directory, and alpoin-
ted UtlicerS-thcy sent an agent to the
North 10 have notes engraved but before
thelrmeSSeugcr returned, they had loaned
out nearly every dollar Of their capital
10 he rcry mcn VINO PAID IN
consequently, when they issued their own
notes they had scarcely dollar in their
vaults 10 redeem them with. Ii an indi-
yidual had been guilty of such apparent !
Mr.. Robbins would have no
for him-much less sympathy
should be felt for Soulless corporations, /
whose numerous acts OF fraud aud oppres- !
sion have overwhelmed the whole com
muuiiy in this section of the country in /
hopeless ruin.
Nav we not cherish the hope that the |
friends of the Briscoe Bill (Which now is
The only chance left for an escape from
bank IhraIdom,) will unite upon Col. Nail
Dr, without respect TO party. We have no
idea that Mr.. Robins can be elected, nor do /
we believe he has any hopes oft himself
{ he can succeed in defeating Col. Nailor,
md clectiug Judge Guion, he will be salts
led. We therefore exhort our friends IN
Warren TO be vigiani and to watch well
he movements ofthoSe who seek TO botray
hem into the hands Of the enemy.
Port Giibon Correspond.
Indian Tr0uJlcs-The Cumanche In
liuns have declared that the Kickapoos
hall not hunt upon the prairies; aud the
Kickapoos not only continue 10 hunt as
iSual where they please, but are fully pre-
,ared TO engage the Cumanches whenever