{"newspaper_name": "Mississippi Democrat.", "edition": "01", "page": "p2", "byline": ""}
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arss
are anxioue 10 see whether Mr.. Calhoun,
and other Southern State Rights strict
conmnciionista, members Of the conven-
ton, will Join in these chimetical schernes
to plumber The national treasury, and ere
ate necessity for high tariff taxes, hosts Of
official drones, and splendid corrupt 60
yernment. Tho only praiseworthy move
lncnt we have seen In connection with the
"grea, Southwestern Convention" is re-
solution introduced at a meeting in Mar
shall county, by Roger Barton, asking the
Convention to memorialize Congress for the
graduation and reduction Of the price Of


The Public Lands,


At the risk Of being considered, Ike Dog


berry, Of the gean to which the paternal


progenitor Of tie mule belongs, we " write
down't the Memphis Convention a ahumbng.


Aepcrtinent to the subject and the times,
we append the following paragraph from
the Philadelphia PaJkc Ledger


BANKS AND RAILROADS. All Europe
seems TO be running mad with specuInllons
in railroads and banks, the second multi
PLYING MS rapidly as the first The same
species Of madness viii reoch this country;
for our mercantile population are general
ly sure Of catching any mercantile nfec-
ton which is nn epidemic in Europe, and
especially in England. As few Of them
understand more Than the facts lmInedi-
ately before them, and never dive 10 the
principles of their own business, they We
ry readily become the dupes Of any novel.
ties which are offered as profitable.


But with the terrible lessons presented
10 them by the last dozen years they must
be blind indeed 10 fall in into this new
bank and railroad trap. Some Of the
States are overloaded with debt, contract
ed for banks and railroads; and thousands
Of people are yet alive TO tell how they
were ruined by expansions and revuls'ons.
We can give all who are disposed to fol-
low their example a word Of solatary ad-
vice. II these speculations in banks and
railroads extend 10 our country, il will be-
come tributary to Europe for bread, as IN
1897, and our manufacturing interest VIII
struggle against foreign competition, as
they did during tho whole existence of the
National Bank. Buff our country avoids
this mania while il pervades Europe, we
shall feed aud clothe the Europeans. If
every nation of Europe will expand its
pnper currency ill one dollar of coin re-
presents FIVE of paper, and we reduce ours
10 gold and silver, we shall fill all those
nations with our agriculture and manu-
Mclures. II bushel oil English wheat
is forced up TO two dollars, and yard of
French cloth to ten dollars, and ton Of
Russian iron TO hundred doIlars,by bank.
ing. while our wheat is reduced TO one
dollar, our cloth TO five dollars, and our
iron to fifty dollars, by coin, we shall un'
dersell them, and thus exclude their pro-
ductions, and compel them 10 take ours
II works Just 50, gentlemen of the count.
ing house and the bank -paror; for God
made laws on which it works, and you
cannot repeal them Therefore word
10 the wise is enough