Mississippi Democrat., 1846-05-06

tery Review, of October last, on /" Mlsss- |
sippi Affairs an exposition and vindica-
uon of the people of this State, relative to
the repudiated Union bonds 1t may be |
thought untimely and useless to recur to
this matter, now that the case is in all pro-
bability finally settled; but we are among
those who believe that Truth cannot be too
often iterated whilst error is PREVALENT
There are, too, many new comers to the
State who have no knowledge of the cir
cums:a noes of the creation of the so-called
debt, other than such as has been derived
from men abroad who denounce blindly,
through ignorance or knavery, the doctrine
Of Reputation, under any circumstances.
The article from the Review is prefaced
by some sound and lucid views Of the pow
ers OF Government, particularly with re-
ference to the power OF creating Public
Debt. We are firmly convinced that the
Funded Debt system, as praCtCed by Eu-
ropean monarchies, and thence transplant
ed thither, is worse than highway robbery
worse, because it is unmitigated robbery
of persons unborn. In this republican
country, the remedy lies with the people,
and 1t is right, morally, religiously right,
nay, sacred duty, that they should eXer-
else it. The mass Of the people, the far
mers and mechanics, can never be Iegisla-
ted into wealth. Equality Of rights and
privileges in the dispensatons of govern
ment, is always the true interest of ma
jority of the people, and the utmost boon 90
vernment can give, is the privilege 10 en-
JOY the largest possible portion of their
earnings. " The best government is that
| which governs least which is least felt
by its eXactions, which guards the life,
rights and property Of its citizens, and
! leaves wealth to be distributed by merit
and industry. A people who look to bank
! ers and fundmongeT5 to enrich them, ine-
vltably raise up aristocratic orders to plum
der and rob them. The inconuptibe mass
should be ware Of the ingeniously woven
net of IDEAL wealth and paper credit; or
being fraudulentIy involved in its meshes,
should lose 10 time in breaking the bond
age-eIse from gorgeous dreams of wealth.
they may be too late awakened by the fat-
ters of a monied aristocracy, and unlortu-
nate as the tabled Prometbeus, be destined
to endless, eXcruciating toll, to feed the
| Unsuitable monster lbey have nurtured into
existence, or into whose power they have
baen betraved The right. of The naonIa
,ro lorns;or ana ,r,,clor, IF ,bav caD
ha doorivod of ,hoo, H., 10 3ace,+fv, orts
or corrn,t rulers ,vitbont ramady Coos,i.
,,.;o,.l -,.or.;l;,;,,, ,,,r,o,ho. 5;root ~. oI
ob,,i,,s ir.,r;c,,fo, f.,,,, tho i,.a,t ord
s,;,f. &c t,a ooos.;,,.io, .ro ,,,,~r,, ,,.a.
H., ,,,,r.-. 49,, c,.o,I -.,r.,-,I -, -o.oo
,ion tha,r ,for,t;oo To,;.r.tnr,. NOV ba
,;alna -, d;.ao4 ,rol.;1:tio,. n,,,.;f ,ba
,o,.,ra -,,a,, .,,.o,;,a or,o. .1.,r. = ouoo,ol
g.. l,.ao-,, &C., ., d., g. ,,,h;.I, -
,.,I..-.- ..-.:....-l .t.....-.
tovt fo- oroat;,,,, r,rt},ar All, n,;II no, 10
,ron+;nr q,ha ,r,a oo1 o,Iv roo,adv !
tho FORMULATION or au doh, No, co,tr,c,a1
Tor the pubic defence or the legitimate
purposes OF economical government.
lie the PractIce OF liberal political ethic6
the freedom OF our people from govern
E ment eXacuon6-more than to any other
cause, is to be ascribod our uneXamPIed ID
prosperity and greatness as a nation. A
late writer, contrasting the comparative
ability of this country and Great Britain, in
tbe avapt of vrar e',tos tba o,,,ount noi1
-, ~ p.;.:,r, ;,......,.,F 49,
y l',0 '0' 90 nv. 80
national DEBT ana the support OF her army