The Daily clarion. [volume] (Jackson, Miss.) 1866-1888, 1878-03-05

freshed our minds. To These plumber
ings are to be added the military usur-
pations and political prosecutions with
which our people were hunted down by
the agents and tools of the party that
bore unlimited power in the Federal
Government and in the Southern States.
Senator Eseery's Insurance hill.
The provisions of the bill which will
be found printed elsewhere in relation to
foreign insurance companies doing bust
ness in this State, introduced by Sena-
tor Peery yesterday, are, in our judg-
ment, wise and proper.
We are utterly unable to see that the
slightest injustice would be done to any
company by the passage of the act re-
ferred to- On the contrary, these relics
of Radical misrule--the "deposit law"
and the prohibitory privilege tax of ST.
900, should be stricken from the
statute books which they have so long
disrgraced.
These laws were passed not for the
public good, butwith view to enriching
a few spectators in State warrants, who
happened to rise to the surface during
the political revolution through which
Mississi epi was called upon to pass
These men did not represent Mississippi,
and they owned nothing until they pock-
eted their ill-gotten gains and took their
leave for parts unknown. They sat in
the Legislature, protected by Federal
bayonets, and unblushingly voted State
securities up or down to suit their
own private ends with reference to
fraudulent speculations in which they
and their friends had embarked
The State is now paying nearly SIS, 900
per annum interest on deposits, in excess
of the privilege tax received from insur-
ance companies; competition is denied, the
business is Frustrated, because the very
best companies have been driven from
the State.
The bill introduced by Mr.. Peery does
not require the payment of a single dol
lar from the State Treasury, but must
necessarily invite competition, decrease
the rate of insurance, and largely in
crease the revenue of the State. The sub
ject is one of the most important yet
considered by our Legislature, and there
is yet time to pass it, if both Houses will
60 at it with determination to do so.
-~+-~+~
The Natchez Democrat says that if
the Kinds county subscription is voted
to the Natchez and Jackson Railroad, it
evil assure the completion of the road to
Jackson, and then we shall begin to reap
the rich reward of this great enterprise
in its fulness." To the people of Kinds,
its benefits will be incalculable. The
road will penetrate the center of the
county and add hundreds of thousands
to its taxable basis. To the people living
convenient to other roads, it will secure
the benefits of competition in freights
and fares; and competition after all is
the surest regulator and safeguard against
extortion. To the people Of Jackson we
need say nothing. 1t will make this city
a railroad center-a place for the shops
and manufactures of the road. 1t will
give employment to mechanics and la
borers; increase the business of the
merchants, and doctors, and lawyers, anc
bankers; enhance the value of real estate
and render irresistible the inducement.
OF capitalists to establish factories
Natchez has one already in the full It'd,
of business which would never have beer
thought of but for the road.
THE following vote in the United
States Senate on the passage of tn,
Silver bill over the Presidents veto, wa