{"newspaper_name": "Holly Springs gazette.", "edition": "01", "page": "p1", "byline": ""}
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for a felony, shoulf plead his privilege
and thus escape trial 2


The News is just the paper to harp e:er
naIly on the United States lnl in connec-
ton with this matter, kno owing that the ques
ton is decided with the mass of lis readers
when that Bank. can be made party But
the functionasies of Michigan, Mississippi,
Arkansas, sc who sold the Bonds were
no, friends Of The Bank-;hey were the
rankeSt kind Of Loco -Focos. If they sold
the Bonds 10 that Bank it was because they
could obtain better terms there than any
where else. ifthe condition of sale were
unauthorized, or were not fulfilled towards
the State, so as to vitiate the Bonds, why not
select a competent tribunal and have the
fact judicialy established ? Honest men
would mol choose to bear needIeSsly the odi-
um OF Reaudiation even though unjust


If the Editor of the News will turn back
to his article 10 the Democratic Recis1c.
we think he will there find it expressly sta
ted that the People Of mississippi did au
thorize the Loan by direct vote, as we'll
as though two successive Legisiatnres.-
The cavll was that the last one changed the
terms after the People had voted.


AS to Michigan, this Is precisely the case:
[ want money, draw my note at six months
for 81 900, and send an agent into Wallst.
10 oct it discounted. He sells it to broker
for $3.50 IN cash down, and the brokers'
checks at thirty. sixty and niaety days for
the balance accept these and pay out
the money but, within few days, the
broker fails having sold my note to others,
and his checks are dead on my mandS.-
Now it is hard case that have to pay my
note and get nothing on the checks but
the Law says, You trusted the broker, and
you must lose BY his failure. rather than
men who did not trust him, but took your
negotiable note of him either by purchase
'or as collateral. There has been no lack
'of due vigilance or discretion on hear part !,
If it Is on aours Take care In tu
ture.' This is the way individuals are ser>
we'd if there is another law for States, let
US know where We cannot see how any
man could safely buy note or obligation
to pay to bearer, without mlnu:ely verifying
its entire origin and history. if the law be
not as we have stated.