Mississippi Democrat. (Carrollton, Miss.) 1844-18??, 1846-05-06

tSllt hcNltWs VI OCNpoGl last, on ~ Mlaota-
sipp Affairs an exposition and vindica-
ton of the people of this State, relative to
the repudated Union bonds. Il may be
thought untimely and useless TO recur TO
this matter, now that the case is in all pro-
liability 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 corners to the
State who have no knowledge of the cir
cums:ances of the creation Of the so.caIIed
debt, other than such as has been derived
from men abroad Who denounce blindIy,
through ignorance or knavery, the doctrine
Of Reputation, under any circumstances.
The article from the Review is prelaced
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 pracliced by Eu-
ropean monarches, 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 hes with the people,
and it 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 egisla-
ted into wealth, Equality of rights and
privileges in the dispensations Of govern
ment, is always the true interest of ma
jorty of the people, and the utmost boon 60
vernment can give, is the privilege to en-
joy the largest possible portion Of their
earnings. "The best governments is that
which governs least'-which is least felt
by its eXactons, which guards the life,
rights and property OF It's citizens, and
leaves wealth to be distributed by merit
and industry. A people who look to bank
ers and fundmongers to enrich them, ine-
vitabIy raise up aristocratic orders to plum
der and rob them. The ncoIuptble mass
should beware Of the ngeniousy woven
net Of ideal wealth and paper credit Or
being frauduenty involved in its meshes,
should lose no time in breaking the bond
age-else from gorgeous dreams Of wealth,
they may be too late awakened by the fet-
ters of a monied arstocracy, and unfortu-
nate as the tabled Prometheus, be destined
to endless, eXcruciasng toli, to feed the
Unsuitable monster they have nurturcd into
existence, or into whose power they have
been betrayed The rights Of the people
are a delusion and mockery, if they can
be deprived Of them by the deceptive arts
Of corrupt rulers, withoutremedy. Consti-
tutional prohibitions, whether direct, Or of
obvious implication from the intent and
spirit Of the constitution, are utterly use
less unless enforced by refusal to sane
ton their violation Legislatures may be
lied up by direct prohibitions, but if the
people suffer taxation after debt is created
for purposes foreign to those for which re-
publican governments instituted, the pre-
text for creating further debt will no. be
wanting. The true and only remedy is
the Reputation Of all debt not contracted
for the public defence, or the legitimate
purposes of economical government.
re the practice of liberal political ethics
the freedom of our people from govern
ment eXactions-more than to any other
cause, is to be ascribod our unexampled
prosperity and greatness as a nation. A
late writer, contrasting the comparative
ability Of this country and Great Britain, in
the event Of war, states the amount paid
by the British people for the interest on the
national debt and the support Of her army
and navy, at $3.50 900, 900 year, or S43
per annum for each male. In the United
States, the sane items cost SIS 600, 900 or
Sl,75 for each male. "The steady and
persevering industry and economy of the
United States" says the writer, +" must, in
a very few years, confer on them power
unassaiabe by the combined world.' So
true is it that the secret Of national great
ness is equal rights, and government
which guards its people against the oppres-
sons Of monopoIies and privileged classes,
------~------s---s---------,
o. We find the following paragraph in
the last Free Trader. The arrangement
mentioned--the mails forwarded by boats
to Greenwood, and tr.weekly mail thonce
to this place would, for large portion of
the year, be Of incalculabe benefit to all
this section Of country
We learn that through the exertons
of our Postmaster, DR.. Wren, the P. NJ.
General has sent instructions TO the P. NJ.
at New Orleans, and those on the Yazoo,
Tensas and Red Rivers, to forward mails
by STEAMBOATS, plying on those rivers"