The Ripley advertiser. [volume] (Ripley, Miss.) 1843-1897, 1845-05-10

South. Wings Of tho south ives, read The fate
Of John NJ. Botls, g. through his fall learn your
own doom.
THE ORGANIZER AND GUARD.
These journals do us injusticc--,he first by
an article headed "Uugencrous," in which il
charges us with luke warm support of Mr..
Folks administration; the second by copying
without comment the accusation, whereby in
our opinion It receives its endorsement.
This charge is absolutely false and unfoun.
ded,--and we defy either Of these journals to
find in the Advertiser, since it has espoused
Democracy, a single sentence which either in
tone or expression gives 10 it the slightest col.
curing Of truth. Ii our cotemporaties will do
their duty 10 the cause with the good will that
we DO, they also will meet with no reproach Of
the confidence Of the Democracy Of the State.
What do these journals understand by the sup
port Of the administration Is TO prescribe some
of i,s staunchest adherents, because they hap.
pened to differ with them in the manner of ef-
fcc,ng measu e! II this policy were pursued
by the party throughout the Union, it would
very soon see it's scep,re depart. May it ever
be saved from such supporters! Wa believe
these papers to be sincere in their support Of
Democracy; but they are injudicious in their
manner of doingit.
No, gentlemen, it is not We that are "uugen.
CIRQUE, but you that are unjust.
Below we publish the letter Of Col K. II.
Boone, to the editors of the Missssippan. Col.
Dseas he devo,ed much study to the P'.nser's
Bank operations, and his views upon that rub.
ec, cannot but be matter Of interest to our
readers.
RIENzr, Miss, 10th April l545.
Messrs. Editors have been for some time
ANXIOUS TO hear how the State officers were
coming on securing means to pay the Planters
Bank bonds; debt which we all pretty well
agree ought to be paid. This is matter, be-
l,eve ought to be brought before the people dur.
ing the present canvass, in order that there m ay
be some definite action BY the Legislature al its
next session. All that is, and can be collected
| of the sinking fund, Of course, ought to be ap
propriatcd noxt winter, TO that debt, az the fun,
was raised for rhat express purpose. ! am sat
is6ed our excellent Governor will do all he car
TO have that money collected. am aware i
is the opinion Of many, and perhaps a grca
portion OF the people, that when that fund is ex
hausted, the balance, if paid at all, will have ,c
be paid by tax on the people.
Inow give il as my opinion, and il am wrong
l am willing to have my ignorance exposed
that tho stock subscribed to the Mississippi
Rail Road is all bound for the payment Of tina
debt. One Of the conditions on which the two
million Of stock was transferred from the Plan
tiers Bank to the Rail Road, was that The entir,
capital stock houd be held in trust by ths State
to secure il from loss by the ction-and i
it possible, after the stockholders have accepte,
! the transfer on tho condition set forth in tn
face Of the law, and have received the scrip
disposed Of it and spent or used the money Q
the State, and then failod 10 complete the wort
rather than pay up their stock subscribed, tina
by that failure on their part, they are exemp
from liability TO the States. II cannot be; the
certainly are. and ought to be forced to pay
, the amount due from them, which is over on
million-aud as large majority Of them are bon
;. payers, they Of couree will not hesitate to pa
II up when called on, last they whould be Gale
repudiators-that you know, gentlemen, the
: could not stand. II, however. they refuse, wi
IS they no, be the rankest kind of regulators.
say they will, what say you? Ought not thi
question to be brought before the chancellor O
J. the supreme court for their decision. We q
O. the north, that have had nothing to do with tn
matter-have not shared in the fun Of spendn
two million Of money, for which the State wa
bound--thInk these that frolc ought TO pay tn
fiddler; ard now to all such as are subscriber
for stock in that road and have not paid up thei
) subscription, cay, pay up gentlemen; and
sr there should be . remnant due and unpaid aite
4 the sinking fund and the stock is all sppropria
ted, we will join and help you pay up The bal
e ance, and save you from the unpleasant az
e pellation Of repudis,ors. Imention theee thing
that gentlemen desiring seat in the next lie
: gislsturc may inform themselves, and be abb
% TO inform tho people.
There 10 another matterl beg leave to brp,
% before 6the public. All the real estate, BAN
houses, and furniture held BY the Planters Bank
: has been purchased with the profits Of the CAPT
sal stock Of the bank, Two million Of which, up Il