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Southern Argus from Columbus, Mississippi • 2

Publication:
Southern Argusi
Location:
Columbus, Mississippi
Issue Date:
Page:
2
Extracted Article Text (OCR)

ilicy termed it.) The election came on and when the votes were counted, old Charley va3 elected by a large majority. This indeed fun for old Charley, but bitter, very bitter grapes to those who started him. They looked astonished. Said one, who mustered up courage to speak, "well, we have indeed paid dearly for the "pota-toe The first day the con vention met. the "honorable was not there the second day at 11 precise that they shonld have an impartial trial, it would be advisable to send lor vapt.

Desauquewho speaks ihe language fluently; old Charley thought in ibis case an interpreter was quite useless? but, at length merely for fowl's sake, he consented: the interpreter appeared, and now for the glorious uncertainty of the law! Desaurjue, said tejtidge. ask that fellow with hair round his mouth, where he got that watch?" for the watch was found in Ins possession.j i. M0fr.r tha rxtn sea-1 cention and nnat consumauuu ion, he did bo upon die broad ground that i not governmental, but wcri. on the was demoded by the commercial secuo "'contrary, individual transactions, per staie mere urmeii, not oniy iwoui i lii lv. he entered the hall, dressed in a 1 lie interpreter wu nfhlL- Ulmv n.

nlpmn a honor, that he purchased the watcu in tln ht hnnr; tlif tpornte nnlvlNew ork." Old Charley fixed Ins remained few momen nd with- eyes full upon him, and shook his drew to moisten his clav: when he re- head, knit h.sbrows, ana men a ien- turned he was so well moistened, that torian voice burst forth, 'he a nfnnp murh liai stand aside anil can me next. t.i.i v.i. Dpsannne. ask that feller where his irouuieu wiiii cur ns: iuv unui-i -j ctfl un tV AvAomixe had taken partner cot that waicm lie repueu. wvl i i 1 too much of the balm of Gilead(y'clept through liesauqiie, inay cnummy i i I Unnolii in IVpw York hp.

nul 'lorum. Jheaiwavscornniameu oi rneu- uUo1" 'w i P-t I Ill ILMh WPnt matism so, whenever we speat oirneu- nmVtinn itU. Dnv after dav hke a saw nun neioameciat tne i.M.tnpca nf ill rnnrpnnnn was in- mouth ere he could come outwith IHK UU-'iuvi. I 1 1 1 i 1 fPrmntP.l hvtlm bacchanalian delerate are also a darned from Matasorda, and in order to get Kinsey, take these seven dialWical scoundrels unuer uie uiun, ana trive save one done! Gen- IjournH si 10 A htered the mec provided anot me mois ten my parched up efay. Give tne little gin.

Pete linsey did his duty the or Hi Charlesto rC him. fhpv rWtPil him nrimarv li office them on tneir bare backs jtiuiivi ui mv 1 i nntt lnv. laborimr and 1 will co and see it under a rheumatic affection, he entered tlemen, this court 1 fihe a53ernblv ne die, to "Mr. gentleman of the docket. Squire come to tender you my tlnnAs.

I'm actually tot-tot-rinjr, un fertile honors you've heaped upon and the poor Mexicans suffered niv feeble shoulders' as he cot to "penalty ol the law "shoulders," he did totter, and totter- specimen of a "Texian in did fall, lurripua bumpus, upon the floor. He was speedily taken to his lodirinis. and in a few days we find him once more in Matagorda, no Ion ger "old Charley," no longer a dele gate, but the hon. judge llson. Here let us pause and exclaim, "exhausted nature need repose," as Harry said when he fell in the gutter.

The judge slept in a small one sto ry house, in the centre he placed a small library, containing a few law books which he borrowed; the door was in the centre there were two cots on cither side of tne library, the one on the left occupied by his honor, the one on the riirht bv the Alcade (squire Norton, his clerk)this chamber was to be the seat of justice, orders were given to the Alcalde to have it thoroughly cleansed, which order was immediately carried lr.to effect. A pine table was put in the middle of the lloor, and upon it an old oak chair: in fttmttrv In hie mvn ireatr elmsin regard to me measure. had seen no evidence of change in regard i public opinion upon this measure. I convinc ed, however, that the majority of the American People were adverse to the dui ne was to be puid by their action, and ee it repealed. But he saw no evidence of such opposi tion, and doubted if the op monthat mere was this change was tounded on any good evi dence." We think from die indication given in van.

oug directions that tb-re is astjong probability that this highly beneficial law will be repealed, and that thousands of energetic and useful citi- zers will be left in hopeless thraldom paralyzed by the weight of overwhelming debt Tennessee Legible ute. Resolutions in structing the Senators and requesting the Rep resentatives of Tennessee in Congreas to vote for a repeal of the Bankrupt Law, have bei passed by a large majority in the IIous. Res olutions have also passed the House of Representatives declaring the Charters of t.e Stock Banks of the State forfeited and directing the Attorney Genejal to apply to the Supreme Court for a writ of scire facias against them but requesting him to suspend the prosecution should they resume by the 1st of July next. It is not certain that these last resolutions will be passed by the Senate. The Loco Foco thirteen in the Senate have been attempting various devices l- shield them selves from the responsibility of preventing the election of United States Senators.

ty of the constitution of the State, but contrary to the express provisior.s thereof; thoujrh should the legislature Expe-imci has abm-Japtly that eel under any obligation either legal or Law can tlo nothing toward their correc mnialfwhirli I do notWshould deem lion, but Public Opinion may; and, in ti it a matter of policy to discharge this hope that it may be brought to Lear ffi. obligation, and should determine to civnuy a nay me ueui or 'n i i a. If are now i.i! mart. far as SOUTHERN Columbus, Januaty ALABAMA MONEY The note of the Alabama on a rapid decline in all the comiw The condition of these institutions we can learn anything in rrgard to them, is such, that confidence i universally b7 with drawn from thera, and the late app in 'he co ton market of Mobile is att we have litile doubt, to the depreciafi abama monev. We observe in the counts of the money market in Nw Alabama bank notes were at a diseou 15 to 17 per and still declining.

Si as we are in th'a section of -he State, and inr to resort to Mobile as a market for our cot ton, our planters ought to be particularly cau tious how they receive in payment for their crops, a currency whic is entirely dependent The State of Ohio. The Legislature of State has with becoming dignity and self respect repudiated the doctrie of tlie repudia tvm of State bts. The resolutions, which arc of a very etong and decided character on subject, were agreed to in the nise y-eprcsentativcs by a vote ofC4 yeas to 6 nays In these days of shuffling and conBtitutiona ouibbling, the example of integrity aid honor which Ohi.i has set, contrasts nob'y with th ignominious posirion of Mississippi. 1 1 f'3 I VJv- unon circumstances for its psent f.if.titioiis II1IS crr.ir sat Hie lligniiary 01 UK- linU, circulat which in a few weeks may fal ion. judge ilon; on Ins le.i sat asdead upon their hands as ever the Brandon the Alcalde, with a brown jug of old or the "Snag Bmk" issues did.

We look upon bclieidam. As the citizens passed, the bursting of the Alabama Bank nubble as they were invited to come in and take one of those occurrences that may be predic a nip, aye, and th r. ii i it ii 1,1,.. iiau uui ucuii iidLiuiz iuiv ui an i l- I VUIUIUUU3 111 on rrnl at tK luirrli empty decanter, made his appearance. Wednesday the Inst, at 11 clock A Jim was cordially invited to come in and take a scruple cays Jim, give me three scruple, for 'cording to rny education, 3 scruples mnk a dram." Jim had no scruples in taking three scrup les.

"iVow'saiu tIiejudge(vho by this time had a rheu matic my boy, how doyou think I look in myyWe'Av capacity eh, Jimmy?" Ji.mny rolled the while of his eyes, and do you lookin your judidal capacity! why old Charley, if I must tell you candidly you look like an ass in a pulpit braying lectures on phrenology." This was a flourish wholly unexpected: he looked at the Alcalde, the Alcalde looked at Jim, and Jim looked at the brown jug of comfort. ''Out of my office, you infernel" Good by bye judikal and Jim went otFsinging three scruples make a dram. IS'ever were his honor's nerves so atri- be insulted my own office, aye, in the very temple of justice, by a worttiiess scamp, is it is, squire Norton give me some gin." Ere the judge had finished his potation, the chiming of the bell announced dinner! "Uork up the jug, squire, cork it up tight, secrete it under my cot; "but, iudse," said the thirsty Alcalde, "I've not had my scruple yet." the judge, "never mention the word scruples again! scruples, even the scruple of conscience, much less Jim Boyce's scruples." Here we will leave the judge at the dinner table, nerves unsteady, countenance morose, appetite sordid, and no case yet on the docket' The clouds portend a storm, but sunshine came at last, a clorrous sun shine. Seven Mexican prisoners were taken, and brought to tow n. JWv.know ye, that there being in Matagorda neither church nor jail, these Mpxican3 were allowed to roam about the town under a slight watch, as they had no means of escape.

They had not been long in the place, hen a person made cath before judge Wil son that he had lost his watch, and he strongly suspected the Mexicans had it. The was enough for the Texian Hyena. 111 attend to it," said the judge "to morrow.at 10 o'clock, they shall be tried." At the appointed hour they were brought into the judge's quarters, the citizens assembled en mass, to witness old Charley's first appearance in his judical capacity. 'Mr Sheriff, are the prisoners all in court?" the response. The judge rose with ail the dignity of Mars, and addressed the sheriff thu3 "Tell that ar fellow virh the hair round his mouth, to step three paces in The sheriffdid as he was directed, but it was no go the poor fellow did not understand English, neither could the sheriff speak Spanish.

Thinks lto myself, aim you in a precious hobble! I should however, have observed, there was neither prosecuting attorney, not jury allowed. A gentleman present.told the judge- that aa the prisoners did not understand our lanuae, and in order have received a number of the "True hg," a remarkably neat and interesting pa per published in Washington City. Tlit terms are one do lar per annum payable in ad" vanre. The ability of Mr." tJt.tion tlieeditorT he correc nesa of his principles and the re-markab'e cheapness of his paper stmnlv recommend it to the patronage of the public. STOCK AND STOCK GAMBLING.

It is high time that the attention of the community were fixed on tiie mar.ccvers of the Stock in change with a view to the removal of the enormuu- evils which, through a perviion of its mnchmrry. im: inflicted on public and private interests. assume an the constitution of our State has provi ded a mode by which the debt or lia- bibty may be assumed and paia, as ha fnr ihp nssnmrition and navnientoi j-- sons holding them ill occasionally wish to scli, with a view of other investments or uses; while others will buy from time to time, either for personal investment, or as In our last paper we had occasion to give the Editor of the 'Democrat' rather a se vere lectu-e on his unpardonaole iolations of Grammar and taste in one of his late edito-ial we feel again impelled to the discharge of a similar duty in regard to his admission in to his columns of a communication from eume anonymous scribbler, who'signs himself An Amatuer." Wt have no idea who thia fan- eifrl Amatuer" can be, that has thourrht his 13 conceptions on beauty and grace worthy of be ing embodied into a communication and has souglit to secure for this offspring of his geni us the distinction of a news-paper immortality; but we would have supposed, Jf we had not evidence to the contrary the veteran Editor of the Chief Democratic anli-bond print in Nor Eastern Mississippi, was possessed of sufficient discernment to decline the publica tion of a piece evincing such a disreard'of the common observances of society and such a destitution of taste aud a proper sense of pro. pnety. 1 he communication, to which we al lude, wan attempted description of a ball that wasgoucn up at Jluddleston's Hotel in cele bration of the anniversary of the 8th of Janua ry.

We ourselves were at the pr'y and spent a very ueinuu! evening, but we had no idea then, that we should see the Ldiep, who were figuring so racefu ly inihe djnee, paraded in the columns of a news-paper de-cribed with th- minuteness of vu'gar precision even down to the initials of the name. The hair, the com plexion, the dress are all so elaborately detail- cu uiai wjp or gmai is at once recognized in the bungling caricature ihe author designed for a beaut.fu! picture. The ill judged profusion of luisome compliment, with which he has at tempted to adorn some of figures, makes them but the more disgusting to the delicate usirui u.e,wnorn ne has so un ceremoniously introduced into his i.iece. We extract the following expressions as fair specimens of the wnter'g taste and refine ment in smile plays round lips luscious as the peach Oh! how our teeth ache! She smiles at the thousand nothings whisper ed into the early purblind purse string seek. ers.

It wont do gentlemen you can't come it." "The component part of the sweet ct! was niaae lor love We would not have noticed this production in the 'Democrat, but we think, that when the social enjoyments of ladies are of a refined and innocent character, all personal reference to them in public prints is utterly useless, if not highly improper. Genuine desty is a plan: of such sensitive delicacy that it shrinks from the impertinent gaze of public scrutinf nd la dies of refined ill not be inclin ed to attend assemblies, where the color of their dresses, the complexion of their eyes, "the curl of their lips" and their minutest actions may be noted down with the strictest accuracy and be published in a news-paper with the ridiculous comments of any anonoraous writer, The Bakkecpt LAwUpon the discussion of M- BcntonYmitionforthe postponement of this law Air. Clay made the following remarks. In regard to this question, he was most willing to guided by public opinion. Vha Monday, January 10 1S42.

i he convened in pursuance to adjournment. The term of office of Gov. having expired (Sunday), GENEHAL JES-SEE SPEIGHT, president of the Senate, became by virtve of his office under the constitution Govenor of the Commonwealth, and therefore could not act as President of the Se.iate. Mr. JAMES ALEXANDER VEN-TliESS, of Wilkinson, was unanimously appointed President prolan-p'jre of the Senate After the reading of the Journals, some business of nogeneral importance was transacted, and the Senate took a recess until'12 o.clock, it beingthe determined upon for the installation of the Governor elect.

Jn of Representatives the Journals were read, and a recess took place in order that the Hall might be prepared (or the ceremonies of the inauguration. Inauguration OF GOVERNOR TUCKER. At 12 the Governor elect, ie Hon. T1LGHMAN M. TUCK ER, of Lowndes preceded by the Sergeant -at-arms, and accompanied by PnirotaCon.n AT 1V.l ollowed first by the joint committee of irrangement of both II: uses of the Legislature, and next by Ex-Governor and his private Secretary lv.

r. Russell, hsq; the President of the Senate and Ex-ojficio Governor of the State, Gen.JESSEE SPEIGHT and his Private Secretary ISAAC McFArlREN by the Judges of the High Court of Eirors ami appeals, by MA J. GENERAL JOHN A. QUITMA2ST, and Judge PINKNEY C. SMITH, by the State officers to wit: The Attorney General, ofthe State, the State Printer, and the officers of the Penitentiary entered the Hall of the House of Representatives.

The Governor elect was conducted to the clerks desk by the President pro tern. of the Senate, JAMES ALEXAN DER VENDRESS, Esq; and by the Speaker of the House of Representatives, ROBERT V. ROBERTS, Esq. The object of the ioint meeting of the two housesbeing explained, the Oovernor elect, rose and addressed the two Houses as follows. Gentlemen of the Senate, and House of Representatives: The free suffrages of the qualified electors of the State of Mississippi, having elevated me to the responsible station of Chief Magistrate ofthe State 1 appear before you, their representa uve, to take tne oath of office.

It is useless, for me to undertake to express to you, the grateful obligations under which I am placed, by the kind par-thlity ol our common constituency. 1 would however say, (for it as little as I can do, by way of evincing my sense ofthe obligation,) that I will devote my entire time and what little talents I may-possess, to the advancement of the Irgitimata interests ofthe citizens ol the State. I do not at this time, feel that duty imposes on me tb3 obligation of irivin to you any informatoin "on the state of the Government," or of "recommending to your consideration any measures" whatevei that duty having been lately, so ably preformed by my prede- Lssor. 1 would however remark, rvuai mere are manv mattpr nf tt i uui importance to our constituency, which will demand your most serious consid eration at your present stssion, some of which I will prtsume at this time briefly to notice. The question a3 to the liability of the State, on account of the Missis sippi Union Bank, may obtrude itself upon your consideration, for myself I consider, that important question settled by the lughest tribunal known to (ree Governments: I mean the people themselves they havin decided in effect that the transactions 'connected with said Bank, both in in- anv other individual debt or liability, guardians of minors, trustees ot institu law.

for that tions directors of savings banks, 6ic purpose in the mode prescribed in the The process of transfer, of buying in mid constitution, pledging the faith of the feting out, is constantly going the L. r.v interests of all but those who take ad van. otaieior uie paymcm u. tage of others' r.ccess-ties are promp'ed by liability, ana reienng sucu a ww lh(j exislencc of an Exciance Eoard, the next legislature, so that tne electors wf)Pre any Stock at any tune be pur- may vote tor represantatives, wno maj chased or so.u at the current rates. IJut repsss such a law at the next session.

I for some such organization, Stocks worth Another Question that may and no pir migru to-ciay be bought at ltia and doubt will, at the present session, de- sold at Uo in other words, the diherence mand vour serious consideration, is as 1 -v Stat.rnr ar gn a eril.aii now I I the facilities of in vestment and ile greatlv execuieu ana so a uy u. cia.e, io the or(Jinarv value of rftocks pay lor stock in the lanters JianK in much ess than under a system of tne, taie. jn my opinion, a inarKeu I suk-k lixchuoge. distinction exists, between the liability But the undeniable advantages result of the State on account of the Planters I ing from the legitimate operations of the Bank and ofthe Mississippi Union stock are fully neutralized at RonL mth nnaoofibp PI RnnL present by the fl iprr.n: ahiise of them to the Bonds were executed and sold puposra of baneful speculut. gnm.

lC. hling. through the medium of sales 'on (fairly so far as I am inlormed) in ac- a mbcr of hase cordance with the constitution and will New State Stocks, lor instance, for ofthe people ofthe State; in the case cash, he rnakrs a leg timate bargrdn, pos- of the Mississippi Union Bank, the bly for himself, but more probably for bonds were executed and sold illegal- some one else who has employed him as lv and fraudulently, as the evidence his r.gent in making the investment. Ti demonstrates)' contrary to an express interest of all parties concerned in the Prohibition in the constitution and the taction is fa.orableto stability, will ofthe people of the State. I know 1 i i ni no grounu, eimcr legal or moral, delivfr thousand shares of Ntw York prohibiting or forbidding the State to or other Stock thirty, sixty, or ninety days pay the bonds executed and sold to ahead, has in fact made a bet against the purchase stock forthe State in the rian- ion-prty, solvency and prosperity ofthe lers Bank, unless suc bonds, should country; public calamity is his cood for.

be considered, such bills of redit. as Uw," he Placetl himself under tbe the constitution of the United States, prohibits the States from emitting, which is a question of vast importance, and one that is considered as remam- stror.gcst temptations to act the part of a anaichistor incendiary. If any State can be brought to dishonor her faith; if the fierd, Repudiation, can bo coaxed to rear any where his horrid head; if general dis- ing in doubt. I shall therefore, most trust, embarrassment and bankruptcy can cheerfully co-operate with you be produced, and public swindling come legislation, as may the ef- to be looked on with complacency as a feels ofthe State in, or connected with Properot necessary recourse, his "chance the Planters Bank, or the Mississippi of profflt from tlie depression of the Stor-k Rail Road Company for the purpose oilr wods, of w.nmng bet-i 3 1 rendered a certainty. If bv these means of the final payment of the principal on which he has bet is depressed and interest Ol the fctate bonds exe- the time he has ngree to fie cuted for the purpose of final payment liver, he wins if ten per cent, of the principal and interest of the Si 0,000 at a cost to the community ol State bonds executed for and on ac- poss.b'y not more than but not count of the Planters Bank.

And if improbably half a million, found indispensihlv'necessary, to save braf1 described a pro thpSratpfmm a vmialinn or broach of ITS constantly go.r.g Trom the Tribune. Half-way epudi atio. "ve i regret to a cms oi end iournaU engaged it'iMng nice dis- I 1 unctions itgaiu nrj Ui iauon, era ing that, while a i i.r;t to pay the uttcrn osi li iu (, rr bonds for which ti has full value, yet she is just ful ii; itfu-j, pajmeiit on others, as in wheie he has entrusted tin lor nr gotiation and the have retained or squandeied a good part of the proceeds or where hei agents nave hypothecated them for much less than their lace and unable to prevent their sacrificeor even where agents have actually sold them on a credit, to i.urclasers who proved dishonest or unal le to pay for them. These cases, ii is speciously contended; form exceptions to the general rule the State does net really owe the money, and ought not to pay it. Let us consider the question.

A Statesay Indian? deliberately" resolves fo establish a State Bank on borrowed capital, or to embark largely Jn Internal Improvements. Her Legislature passes acts accordingly, authorizes the issue of bonds and the negotiation of loans, and appoints Commissioners to do the business, The bonds are executed by the proper authorities, and put in the hands of her Commissioners to negotiate. All this is matter oi public notoriety. x.acn is a solemn promise of lie Stele to pay to the holder the principal and interest fetipufctcd It a promise to pay in case the Bank is well managed and makes money, or in case Internal Improvements prove a profitable investment these are the risks voluntarily assumed by the State, and not imposed by her on those who may be induced to furnish her with the means of prosecuting her undertakings. She says to the whole world, 'Lend us money, and take our obligation, payable to any one who may hold it.

In this form, being readily negotiable an 1 transferable, the obligation is more vaiutble than in any other, and of course commands a higher price. It is ihe interest ofthe State so to issue them, even in view of the fatt that their facility may be l. Well; the bonds are issued, and voluntarily tiansierred by the State's agent to purchasers cr brokers. They are unconditional promises of the State to pay to bearer so much for value received. For some she has received value, for others she has taken part on.

l. its contract, I will un.te uith you, in integrity and solvency or th? providing the means, even by taxation have made perhaps ten or twenty thou pay them. sand dollars each the past ynar, at an ex-Other grave and importantquestions pense to the community "of at least One growing out of the provisions ofthe Hundred Millions. They make the pub act of Congress to the United States, he calara ties on which they fatten. Sup.

entitled 4Vl actio" "annropriaU the "Slide Stock is to-day worth uf the saL oi thc nuLticJoMJ n.v vmnu oLiual i. i't i vrriu sixty uavs Hence in other. "i ii in tn (rriiiiT. iirc-rmut iun, Turn's. wiiii i worus, ney are reay to bet that it sppeuiiy oeimmu -ncmiuu ihi depreciate two per cent, in sixty days.

final action. Though some of the pro- Where there are foxes, reese are s'dnm visions of the act, would greatly ad- wanting; and enough stand ready to take pay and part promises; fcr some her agents may have chosen to take promises alone. At all events, they are sold, and thrown into the market, and have pei haps, parted through five hundred hands before interest day. It coines at length, and the holder steps to the properquarter for his interest, lie is met with a rebuT: "Sir, for th 'ia bond we received full consideration, and we wi pay the interest; but that onewas bought by a swindler or Lp.nk-i upt who ha oken his contract to pay for uith a broker for a quarter of its sold to cover his lien so we shall not pay for it; and this is partlv paid for and partly not; you must wait till know vance the interests of the State, and thur bets. Now the game is opened its how vve come ont Wllh WR Wl 1 may be considered justly due to the ohJect to knock wn that Stock.or Stocks llien le'1 whether we shall pay all, tate, yet if the rights an'd interests of raily; for any one affects all more or i t.0 veT Ia mat a ii I on time, has been made at coupieu wiui me uujeu.u.Wu,B uou uu- Uie cnrrent Anv sale, though 93 rumor, exhibit Tl xnv rumor, exilloli constitutional provisions of this act, I 0r actual occurrence tending to show that submit whether the fctate would not the State is not nerfectlv nlv.n degrade itself, by accepting of the en- its weight in gold to the seller on time.

tire provisions of that act. I feel that He can well afford to pay $100 for a I can cheerfully unite with you re- Money Article in the right quai- fusbg, in the most unqualified manner, Provlg that the State aCainst to accept the provisions of that act; be- hfe 1x1 "ot to Pay. I i lt not wil On the strencrth of heving as I do, that the people ofthe sirengm oi 1 lhl3 hc mto th market and sells State though greatly oppressed by the fivo hundred shares (very probably to a alluring schemes ol financiers and confederate) at 97; five hundred to-mor- speculators, would scorn to accept a row at 96: and five hundred next day at pecuniary, or any other advantage, or 9o all on time, mind you; he his never even their just dues, at the expense owed a shara from the first. Orperhaps he wi'l buy a few shares and them os tentatioufly at a decline. thi.

time the sensitive pubic takes the alarm; the. Slock is daily running doicn. Holders throw their Stonk intn the mirl-n) it will afford me the greatest pleasure, rid of it before it falls to the ground; every to co-operate with you in the advance- sale increases the alarm, and crowds more ment of the legitimate interests of the Stock upon the until the be- people of the'State. 1 deem the best cores the retreat of a violation, either ofthe most ap proved moral code or of their State or federal Constitution. In conclusion I would remark, that mode to effect, that desirable object to, be a strict adherence to the provisions an'l principlees of the constitution, which the people have published to us, and to the world as iheir written will.

When Gov. TUCKER. had concluded his remarks, the coi stitutional oath of office was administered by Mr. Chief Justice SHARKEY; and thereupon the Sergeant-at-arms proclaimed that 1 ILUIIMAN which one tumbles headlon in dire confusion. The a rout, in rr nvnp onntlm.

sixty davs ex. pire; the Stock has been run down to 90; thejiuthor of tne mischief pockets $3,000 'difference' on his first dash, and perhaps as much more on the incidentals, without having owned or touched a share nf Stork, and is now ready to commence again by seliingon time at and so on- a ic tvu diet is. is not confined to Stocks; it extend into every department ui uu.vness. nnsritin and dnromr il. J.

OLlVilL r4-A7. had been i. ZTlZZ wu.c.uu, aim voiiimanuer-m- uitormed that his security cmei ui iiib army anu navy oi uie siitnnent tie must add to it $5,000 or of for the term presented and at length he is told that the oy the constitution. cock aepreciates to fat that the lender cannot rely on it at all. In the midst of doctrine of repvdiatwnU, tf ToT he tma4e.

c1 mUbt raea heavy additional sum if he shame to say, receiv.n favor elswhere fads, certainly, perhaps, at any Tate his than Mississippi. If States repudi- Stock is thruvvnout a Pa security, for" uiiu iiuurai ucuis, uai is io ne i upon iie market to add to the the example upon individuals? For ami depression. the salety ol honest men, against fraud ucll js the pernicious machinery of for the credit ofthe American Re- ck which within two years publics and American people; we hope SnS nnaV 4 de.ress, the valao of this dishonest doctrine will receive no aS hun" further popular sanction. Bull Hi- '1' ir3 aovn noisand Michigan seem almost ready Jill vnij haua to pros mute themselves; and Arkansas, spired with this to produce the 0.. uu.u,.., vjuvcuoi, uoius juiuue to tins as the the most threatning language to the but as-tlie one most immediate with.

uoiaeis oi her bonds. shame, shame! that the American States should be thus dishonered. To their credit be Jt spoken, no fVhig State has thus attemntpd to rlofronfl i i 5.r. of its paper. Are noi morals aralLmin 6oL rZl Jt ly developed by de.no.

which a i v. w-u i i. tin. i i ri iinni panic in in reach. I he remedy we woul JJpropose is simple.

Let the Board of Brokers kigio. ALL SALES OF STOCKS ON time BY its Members. Individuals w.Ii era ic leaders, -enoujrh to driv pvrv moderate man and virtuous citizen from their ranks? Surely the scales must toon fall from their eyes. Nash. Banner.

aiJU vveai, tie coniam- oy a record olthe bets of Stock.ram. uiers, orten made expressly with a view to such publication, and always promoted and cherished hi? tu. "vwniy nna sane- yv, hhj, given inem, frihimr. or part, or nothing." 'But, 'says the trembling holder, 1 found these solemn promises of Indiana topay so many dollars to the bearer, Boating ir the market; I bought them at their current value one the same as another, rely ing on the pledged hYuh of the Stste; you do not deny ihe promise; I ask its fulfilment: the bread of my children, the education of the orphans whose means I have here invested, depend upon your fidelity. The folly of your agents in y.l!intnrilv nnrrinor will, tha bonds for inadeduate consideration or on insufficient security.was a matter en tirely within your discretion and beyond mine -lay me, or give me a chance to establish my claim in a Court of "Sir, "says the State Treas urer, buttoning his can't be bothered.

TI'c sohl our honrls tn rascals, and you must suffer for it. We won pav, and you caiCt sue us. Make tracks, and whistle for your money!" Now it may be that there is a softer term for this than swindlinr; but can any be more appropriate? Une year ago we would have appealed to the honor-of Americans to spurn from them this abhorrent doctrine of Repudiation in every shape and lorm: since the result ofthe Mis sissippi Election we can only appeal to Whigs; and we beseech them to hear and heed us. We see intimation in the journals that Whig senators in Indiana have given countenance to the project of repudiating thosi portions ofthe State Bonds fairly in the hands of innocent holders, for which no consideration has been realized. If any entertain such a purpose, we beseech them to renounce the Whig party go where their doctrines and their principles will ensure them a welcome and a congenial atmosphere.

Gladly would we be found in a hopeless minority, and subjected to perpetual defeat, rather than be tainted with the fraternal breath of Repudiation, and the lasting infamy which it must entail on all concerned in it. If a State with a population ofSeven Hundred Thousand, and a property valuation of Two Hundred Million, shall deliberately resolve to turn common swindler to tidjherself of a fraction of her debt of Fifteen Millions, we pray that she may at the same time take up her proper place in the ranks of Loco-Focoism, and stay there until she shall have become renewed to Honesty and Truth. South Carolina concludes to think twico befcre refusing her share of the Land Distribution. "The first rew'ution, declaring th-st the State not touch a cent of it, has been moJ ified so as to import that she will not take any at present Che is evidently returning to saaity-. Ji.

tut ovrr wiui im? itittcoaou.

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About Southern Argus Archive

Pages Available:
911
Years Available:
1836-1842