The Yazoo Democrat. (Yazoo City, Miss.) 1844-18??, 1846-02-04

sision thattho PARTIES letho .collrnct have
acs auGicieht penss aad discretion % moke
their own bsrgains. Boil contend 1hsh
iWoinea sOlsr inED Z contract, Ihsy best
undarstar5 lhsiF own buuisess. All che
eOmbiasa ieddh II our issiSIa,urs o. u
All theslsgala1urss % earth, cahhno posi-
wv Prsssribs = Az rate % iatsgssi ne boz
rover ptble s. Pay=-hs Spd 81 onn II
II basl bia ara aigl anAsaN
AE6sH kuOwV What rate, u interest Be 4
able lopiy. ln,Soms psculisF crisis 1t 4
mans efE.iru money may really % worth
liGy per cent 70 hia,, whefosolhe Iswoays
lhal i iSpevsrsvOnh more than eight PER.
cent.
Thus you zee 30 ususy lave ere found
IN % en- aErOganl assumption Of superior
wisdom d tie part II our legislalors, who
seem to Look On their commitments he peOsi
| plsl a. igpOradl simPIa1Ous unable 10 mahe
,hsifOwn contracts, and thsG they most
keep them 10 leading sIfings leasl Shey iasi
igrs lhemSsltes By thsigfplly and want o.
sense, BY paying sxIF.sbgaat prices fOr the
loan Of money.
Again,it j . FoOIish attempt 20 thO Part
oflhs legislature % make he value ofmep.
ey stable, whereas BY isS very nature, IL
value is foc,naslDg. Money L Ike any
. her srticle il The market, subject 70 Auc-
uSiioD, in value, d one period i may be
worth Two per csns month, d another Pc.
rIOd, not one al psr cent, 10 value De.
psnds On lie scaFcily, or in Other words %.
lie densnd aud tupPly, and Cf cOurss il i.
ever vaclllatiRg il 10 value.
Again, ~ these lawsare cOntsantIy eva.'
Dad, their constant evasion win BsgaI u
some sxtsn. ! general wans 81 respect
tof Ire laws u sheisud, sad create soEs
II jesuisiesl distinction between 1iAlUn IN.
ssArtp MAEuM FRoHnTTUM, WhoFoASit il
ieeply 10 b dOplOtsd lhat such hag sPlil.
ing distinction should exist, the tendency
which sio abals The sancliiy il which all
law shouId ~ held.
To coadsnse The argumeul nu'shsll,
usury lava are imperative, td hey are
cOuslan.Iy sxadsd.
They ars impoliiic, lor they iOjufo the
very class which they were des'gnsd co.
prO,set, causing hem 10 pay higher rate
Of lntereSr t6d hey would Olherwise do.
They are unjust. bseaass making dis
eriminaliOn u different sPseies u properly
taOuey and chss Property They pre-
Oassd "a the idea Of tie ignossnco q The
people lhstihey are not the best judges
of lhsir Own private Af'irS.
They are fOolish sud uasiss, because
attempting d regulate tho vslus Ofthas,
ahichio il1-uslnTs, . subject . constant
aucius,iDuG
L.sdy, they are aemoralizing, as they
nold oo., constant ibduesnsalt for their VI
.n,ion
Tnsss ure oopS Of the B seiionS thal
may bsaTgsd sgsiDsI the Osury Iaws--ot5
ere equally eogenI might be inside agfinst
S6is Isiie q barbufouS and u6enlighiSaed
+
The IiFiheF back We 50, che grealetre,
str,ials e iind imposed on contracts elbow
zoe iuless,t Ct the use q money. These
rsslFsiasS have been gradually being e.
moved, - lie euhisc. came TO bs better
aossfslo6d sad The national fighls Of naa
mars appreciated, and | think lhs present
q, e s.llrh,ened freedom, q One tor re-
nosiht 80 ihs phacklst ihnt have beeRI
"a Is cua,saeis q Ibis character, qndI
.lloS ever nah he rirl. of making he
Swh 81, raihs. -.
10 ths ab.saco a % express underuiauds
ing u sSisronss 3 de rate q inloFsals
mada b ths parties lhsusplVus, e eegf.e
lhsro should y s6ns general laW,Fosalp,
iius lhs 60 e isisfsst, ley SiE0 e'gh
puF esoi ahsrs ihs Ppriss had psgles'sd
. maize 5,ovhiat 81 tbs interest ihFm-'
,sisos. Thi,, h6ssrsr, would . - sos-
,uill e. ouhlIssi, . 4 Wnnld oulg Proyi3'
lsr Ih.s ati.hlht ii,s - onalstthsn
slsss
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