The Woodville Republican. [volume] (Woodville, Miss.) 1847-1853, 1852-10-12

3rh w. $. FEATnERSTON,
9TH HIRAM CASSIDY.
AT lhis early period Of the Republic,
keeping steadily in view he DANCES winch
had overturned every other free State, | be-
heye ito 10 fssr8tiR 10 The lasting PFC.
sernafios foay fDelfcs, that a man derod
0 cifi taft4ts. and 9leripg no recommcn-
dalion but Que founded on mil sertie.
should not be selected TO administer HE
Government. ! believe 30 YET md | shall
consider the da,- of The Commonwealth
nemhered rim p~eofgpsHc principle ise$-
ta6tished -Spceeh @H. Clay az Ler-
ingtoas M, .Jply IL. lr25. See Mallo.
yVs L'fe@ Guy page 55g,
"Ifs indeed We hive Incurred the Divine
slispleasure. and II IL necessary to ~cllasliso
this people with the rod of His vengeance,
] would shumbly PROSTATE myself before
Him. aud itnplore Ills mercy, TO visit our
favored land with WAR, with PlsSTt.
LENCE. with FAMINE. with ANY
SCOUktiE. other than MILITARY
RULE, or a blind and headless enthusi.
asm for mere MURRAY renown." Henry
Gays sPorch az Rahimoye, Nay -. 1898.
nee Maao,ys L5s n Clay page 667.
"tsen Scott Il I mos, accomplished sol
dief. but ~ nike i ish out III wafer when
Pa undpNpkcs 10 dabble III politics. His
letsTAh favor Of the anexa,ion Of Canada,
eythieh sc. pahh.siicd last week, WAS SO
PAi.pAHLE AsBID f0ft NORTHERN
AND FKHEsOTL SUPPORT THAT.
NO ONE COULD De DECElvEtl OR
MISTAKEN AS TO THE MOTIVES
IN WHICH III ORIGINATED a-Ftag
pLATfEEs B4NK BONDS.
By aaActa t the l.egislataFe III 1892,
the people arr 70 vote u lhc cAsaiug
election, fpf ,or agai0i direct tx for
tho payment q The bonds which this.
state issued faI the Plmter's Baok.--
There great diversity bf opinion. as
10 the ,egality of those bonds; but ,
wiihstanding this. oar Legislature has
twice recognized our obligation to pay
them, by authorizing The sale of the
public lands for that purpose. The
bonds were not paid ID this way only
because the Legislature enormously
established the minimum price ofthose
lands at - per 0 price which
could moi be obtained after our vas
serlitorial acquisitions from Mexico
In all matters OF business, when an in
uividuals obligation goes out to the
public. and he obtains money upon it.
good faith and fair dealing prohibi,
him from delaying till pay dry to put
In bis plea Of failure Of consideration
The following clause-sec. tx. art. vii,
Constitution Of Mississippi, shows that
shose bonds went out at Least under The
color offai,h on the part of the State
(sEr GENERAL P~RovisioNs.l
+" No law shall eset 10 passed 10 raise .
loan Of money upon the credit Of the State,
OF to pledge The IA til oftho state ipr the pay.
meni 81 redemption of any loan Or debt, cci
etc. crowded, That notting IN this section
shall be 50 construed as 10 prevent the Legis.
lature from negotiating aturiherloan OF QUE
q and a half millions OF dollars and vesting tht
d same in stock reserved ,othe state BY the
charter OF the Planters Bank Of The slate 81
Mississippi
Now, tits argued BY some that The
state never received a dollar on these
bonds. This, we imagine. is an error;
she must have received a million and
/ a holt Of dollars. in gold and silver
and paid il into the vaults of the bank
before she could bccomea siockholdcr
-fos the charter ofihe bank expressly
required subscriptions for stock 10 be
paid IN gold aud silver. We arr aware
that The bank did. contrary 70 is char
ter, receive stock no'es, as vas proved
In The case Of the Bank against i'll
Kellogg. ESP. aud upon this point 4
forfeiture OF her assets mas be estabs
Iished. But we IRE not to look TO the
49sdt 32 2slt4 y St tedf aa