The Yazoo City weekly Whig. (Yazoo City, Miss.) 18??-1855, 1854-04-14

enee ofbis logic upon thier imaginations, TO-
suppose, for the moment that heaven itself
is but South Carolina Of place That
the Legislature Of South Carolina is contin
ting to charter Banks for the express plr-
pose Of circulating their issues in this State
under the plea, which is an unanswerable
one, VIZ: that the revenue to be derived
therefrom would be transferred from the
pockets ofthe people Of the State Of Missis
sissippi to The Treasury Of the State Of 8.
Carolina. Such is notthe case with South
Carolina alone. But we find the Bank notes,
a land there is not moral doubt but that a
vast amount oi them are counterfet) Ono
fact we well know, that there is a law ia s.
Carolina prohibiting their issuing under the
denomination Of FIVE dollars, (and we can't
90 amiss for them here) of other States in
circulation also. Thus ii is we find that
Mississippi is made the sewer of the very
filth and offal of the institutions which she
pretends to hold in such odious contempt,
Though is due to those States to say that
/ their notes are alta discount Of only from
one 70 two per cenGin the city of New York,
except Alabama, which reach as high as
FIVE. But the most glowing absardity of
the whole affair is, that this money is loaned
here at the rates oftwenty per cent. per an
mum, as we'll as subject to discount of one
per cent. Making 81 per cent. to come out
| of tn pockets OF the people. Withoutany
guarantee Of its being genuine, or that the
Bank itself is in solvent condition. or that
its charter has not expired. We are there
fore subject to all, aye, more than all the
evils to which Shinplaster army of inva-
sion could subject US, without any abyan-
tages, from this fact, that 90 per cent. will
not only break down every thing like ener-
gy and enter prise, but is swift method Of
impoVerishing the loborer to enrich the cap
italists. which is contrary to every principle
of law orequity. An opposite course of
policy, however, would be productive of OPP
lposite results Taking it for granted that
great advantage must accrue thereby. And
we are not disposed to hazard our pitiful
judgment by criticising the conduct Of the
people inhabiting tWenty-six of the oldest.
most experienced and most intelligent States
of the Uuion. And from whose midst all
our Presidents have been chosen. And
this is what Mississippians boast of as a
''hard currency" and it certainly has its
/ right name IN one sense, i. e. it is hard to
get hold of, hard to keep. and some of it
very hard to get rid OF. The word cur
rency' is derived from a Latin word, uTTo,'
'to run, and with its o and half and
a half and two and half strides it makes at
times it would require race horse, or a
gazelle to keep pace with it.
! e,,ool,:.,r. 1y,,l = bo,.o
taught which is worthy of consideration,
viz: Whatever may be the policy of the
sworn lawgivers of any, but more especial
Ily Republican governments, the people will
spurn with scorn and contempt auy meas
ure that is calculated to Cypress them
One fact is self evident that the CONNER
cial community of our State has been posi-
lively exiled from her own borders-driven,
! Lazarus like, to seek the crumbs from the
tables of the Dives of the other States,
whose policy has been more liberal and
righteous toward her citizens; and not like
Mississippi, turned deaf ear to their cries.
| tits nothing mole nor less than species of
petty abolition, disgraceful to its authors, a
Wanton and unprovoked war upon her in
terests. A gross and insidions fanaticism
as ever insulsed freeman OF arraigned his
liberties. A revival ofthe same old war Of
Conscience struggling in her defence of hui
mainly hunted the unwarrantable pers, GU
tons of corrupt ambition. The last bat
tie of which we hoped had been fought CEN
turtles since But should these hostilities
be again renewed, we hope that they
may be driven by the rebuke Of popular
scorn and indignation TO desecrate some 9TH
soil than that which has been consecrated
by heavens high chancery, and sealed with
the worlds best patriotism to the protection
of man, in life liberty, and the pursuit Of
happiness, and has never yet been polluted
by the foot prints of despot We are not
unaware that the much abused doctrine,
viz: that maiorities must rule, might be
attempted to be here introduced. But we
must not suffer it to pass; unqualified ma
iorilies can only rule according to thestrict
rules Of truth, reason and justice. And
minerities have right to require rigid
adherence of their actions thereto, or else
agitation must inevitably ensue. And those
who deny justice and not those who demand
il are responsible for the consequences
The following beautiful Quotation would not
bein appropriate here.
"Even for that principle sublime, which
weighs nth eUen hand he rights and claims
and interests Of each, he only seeurity foy
those ef az, the steady point between Two
dire sxtrennes, from which to deyiate is ever
to incline towards tyranny on the one part
or towards license on the other
4 But we are guilty Of depression, FOL
which We shall beg further indulgence 81
the reader, whose attention We shall invite to
the closing remarks Of this branch Of the
subject.
Ifitis democratic ii South Carolina and
anti democraticin Mississippi, TO have Banks