The Yazoo City weekly Whig. (Yazoo City, Miss.) 18??-1855, 1853-09-02

ed, though the heavens be hung III black
Mr.. McRae IS candidate fol high public
station. To be worthy, bis hands and con-
science should be clean-he should besaboye
suspicion.
Some years ago q Company existed east
of the River Pearl, known as the Chickasa-
aha Navigation Company That Company
il rumor speaks correctly, received from the
Treasury 81 the State DC Mississippi some
S2O, 900 Or $50, 900! Notwithstanding this
munifcent donation, not days work, we
understand, was ever done towards the COM
pletion of the contemplated Improvement
Not lick was ever struck, nor was even one
cent of the above stated $50, 900 EYER
REFUNDED TO THE STATE or
MISSISSIPPI or otherwise accounted for.
John j. McRae, the present Secession DEM
ocratic candidate for Governor of Mississip-
ri, was President ofthe Chsckosdko Noyign-
ton Company, and to his order was paid,
and to his keeping entrusted the above sta
ted amount. As citizen of Mississippi,
and as taxpayer. we demand to know in
what manner JOHN y lMclR.AE appropri-
ated this $50. 600 Of public money.
But again.
The bonds of the State of Mississippi is
sued on account of the Union Bank, are be-
ginning again to attract attention. The le-
cal and constitutional tribunals of the State
Is legally bouasd 10 pay than. With those Of
us who happened to plant our abode on the
soil of the Mississippi after this enormous
debt had been contracted 81 after the money
realized from the sale Of the Bonds had been
lost, it is an interesting question, WHAT
BECAME OF THE MONEY?--o0d under
aoEose auspices was it sguQnderedg
The money was all lost by the UNION
Bank It's legal and constitutional officers
had it in charge, and to them must we look
they are the men, and none others, who
are responsible at the bar of public opinion.
John J. McRae, the present Secession
Democratic candidate for Governor, was, If
we are not mistaken, one of the twelve Di-
rectors of the Mississippi Union Bank!
And Mr. McRae was by no means passive
Director. He was all active manager; and
managed to direct no mean sum ofthe Banks
money into his own capacious, pockets.
Mr. Aslbury chairman ofthe Select Leg
islative Committee, appointed to examine
the Union Bank in 1910. made an extended
Report. In that Report. (which may be
found III the State Library, Ia table is given
showing the Liabilities of the DIRECTORS
Of the Bank as drawers. endorses, &C., by
which it appears that John ]. McRae was
liable for the very snug sum of Sirty- Three
thousand and Eight Hundred and Eighty
.Seuen Dollars arsdJffig cents Not one cent
of this vast. amount has ever been paid by
Mr.. MoRae. The debt remains unproyded
for TO this day.
We are ofthose who think that the legal
and constitutional debts of the State ought
10 be paid. At the same time, however, we
should consider it a hardship TO tax those
who have come into the State since the mon
ey was borrowed from the foreign capitalists
and squandered by Colonel McRae and his
friends for its payment. Let the people of
the State demand Of Col McRae, and all 9th
ers, that they pay back to the Treasury
what they respectively owe. Gould they be
induced to this, Mississippi's indebtedness
would speedily be brought within manage
able margin, and liquidated without addi-
tional taxation.
Col McRae, especially we think, ought
by all means to step up to the 'CaptIng OF
fee and settle AS a candidate for Cover
nor much is expected of him-particularly
the following sum in which he is justly due
the State:
Union Bank SOS, 887 sol
chickasaha Navigation Company Coy
Total sos, 887 sol
A very handsome sum, andquitc sufficient
for one payment on the Bond.
Kinds County Gazette.