The Indiana State sentinel. [volume] (Indianapolis) 1868-1895, 1875-11-18

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except in rare cases. against their old mas
tiers. But instead OF being just to e. negro
they seemed to look upon him as the
cause of all their sufferiDgs, and ILL
hot fire growing at the heat instead of
having sense enough to remove himself
from 1t, the democrats growled at the negro
as voter, refused TO recognize their rights
to suffrage, and even, out of silly spite, re-
fused to vote themselves, until the negroes
became distrustful of them, united and
voted solidly against them. Now the demo-
Gratis are realizing their great mistake and
are proselyting the negroes on every occa-
sion.
Reporter-Do you think the democrats,
when they get into power, will attempt to
state government.
The Senator-No, sir, / do not; it seems
the policy of the democratic leaders
to act very discreetly and do
nothing violent. There are still some fire.
eaters among them, but they will be con-
trolled by the cooler counsel of the leaders.
this election, and point to what they term
the success of "home rule" Only in the
event that Ames continues his war on the
best men of the state, and continues to be
sustained in 1t by higher authority, can any
such an event as the impeachment of the
continues, there Is no telling what will hap
pen?
Reporters the lieutenant governor of
your state as ignorant and corrupt as repre-
sented?
The Senator-The ACKNOWLEDGEMENTS is
not grossly Ignorant. He is native negro,
and his education, from the circumstances
has been neglected. He can read and write,
but he is undoubtedly venisl and corrupt.
Reporter Whom are the democrats
likely TO elect to the United States Sem
ater
think has just now the best chance OF sue
experimentation, do you think the al
legged opposition of the democrats of Missis-
slppi springs from an opposition to the en-
tire system of free schools, or is it on &C
count of the extravaganza and corruption in
their management?
The Senator-There is an honest desire on
the part of the better men of Mississippi
to have just and economical free school
system. OF course, there are some of the
democrats who would denounce any law
looking to the education of the ''nigger,"
but the cause of the late opposition was al
most entirely owing to the exceedingly cor
rupt manner in which the present law was
executed.
Reporter-You are on your way to Wash
ington, understand, senator?
SenatOr-Yes, sir; / have hard, fierce
and bitter fight before me, and / don't de-
sire to have any particular attention called
TO me now. Just wait little while and
then you will have plenty to write about.
After some further conversation in rels-
ton TO the cotton crop and other minor
topics, theSentinePs representative thanked
Senator Pease for his courtesy and politely
bid him good day, and in few minutes the
senstor stepped into his train and started for
Washington.
MISSISSIPPI MATTERS IN GENERAL.
As having avery important bearing upon
the politics OF Mississippi the following ex-
tract from a recent letter in the Courier
Journal, on the affairs of that state, is given
in connection with the views expressed
above by Senator Pease: A question which
has figured more or less In Mississippi poll
tics for thirty years, and which, like Ban
quo's ghost, would not down." wss settled !
forever at the election just held. Every |
one familiar with the history of the state |
knows that there rests upon her otherwise |
fair name a stigma which can never be re- |
moved. refer to the matter of the repudia-
ton OF i've millions of dollars of her debt /
some thirty years ago. As the subject |
has been brought prominently before the
people, and there are those VINO are not |
familiar with its details, it may not prove
In 1888 the financial con-
dition OF the state being greatly deranged, as
a relief measure the legislature passed an act |
incorporating the Mississippi Union Bank,
with an authorized capital of fifteen and |
half millions OF dollars, and, in order to
establish the bank on firm basis, the faith |
OF the state was pledged for the security of
its entire capital and interest, and five mill
lions OF dollars in state bonds were issued in |
favor OF the bank, and sold by it at par to |
Messrs. Biddle q Co., of London. The bank
Il 1fa
on the money thus obtained. When the |
bonds fell due the bank was unable to pay |
them and suit was brought against the state, |
and, to the credit of the judiciary be il said, |
the Supreme Court OF Mississippi decided |
in favor of the bondholders, but the legisla- |
lature refused to make an appropriation TO
pay them, and in 1912 passed the reputation |
which furnished the honor of the |
state of Mississippi, and destroyed its credit |
as state so long as the resolutions are not |
forgotten.
THE RESOLUTIONS REFERRED To:
Resolved, by the legislature of the state |
of Mississippi, That the act approved Feb |
ruary Is. 1888, incorporating the Mississippi !
Union Bank, whereby the governor was au-
thorized and required to subscribe for, in |
behalf of the state, $4,000 shares of the stock |
OF the original capital of the said bank, the |
same to be paid out of the proceeds of the |
state bonds, to be executed already pro- |
vided for in said charter, was passed con-
trsry to the letter and spirit of the constitu- |
ton OF the state, and adopted without the |
assent of her citizsns as required thereby. |
Resolved, That the bonds of the state of |
Mississippi, for So 900, 900. issued under said |
act, without reference thereof to the peo- |
pie, or a compliance by the stockholders of
said bank with the terms of said |
original act of Incorporation, deliv- |
cred to said bank, and sold to Nicholas |
Biddie on the 18th day of August, 1888, are |
not binding upon her citizens, and can not |
be paid by this state while the forms of its |
present constitution remain. These resolu- |
lions, it was thought, would put the matter |
finally to rest, but the holders of the bonds |
have very naturally chung to the hope that, |
through some fortuitous circumstance, the |
bonds would eventually be paid. and nave