BASE SPIRIT OF PARTY.
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BASE SPIRIT OF PARTY.


The Globe of Friday night last, contain
ed an extract of"a letter from a gentle
man of Mississippi" to member Of Con-
gress, as it is said, which is as follows, viz:


"The times are truly ararming here.
Many plantations ARE entirely stripped OF
negroes and horses by the Marshal or
Sheriff; and to add to our other difficult
ties, our bank paper is getting worse ami
worse, every day. We cannot get planta-
ton supplies for less than double New Or
leans prices, with our money. Suits are
multiplying--two thousand five hundred
in the United States Circuit Court, and
three thousand eight hundred in Kinds
County Court-Silver is demanded, and
our citizens threaten violence and blood
shed. We are in bad situation. The
Union Bank is just going into operation,
and much is expected from it paying offour
foreign debt. Whether it can answer pub
lie expectati IN, time alone can prove; but
! fear it cannot. The board are prudent
men and will not endanger the credit of
the State.n


For whatpurpose but to crafty the most
base and diabolcal spirit, could the "mem-
Der OF Congress" 10 whom the letter was
addressed, have it published? But who
can that "member of Congress" be, that
has lent himself TO the vile purposes of
throwing discredit ON the State Of Missis-
sippi and her institutions, both at home
and abroad? That State has no represen-
tatives in one branch ofCongress now; and
we cannot believe that either of the homo
rable Senators from Mississippi would ever
have so far forgotten their duty to those
whose representatives they are, as to have
done so. In our opinion they will fail in
the performance Of their imperative duty,
if they do not ferret out the individual
member, and hold his name up TO the just
indignation of their injured State, and the
reprobation Of the country.


The bonds Of the Slate of Mississippi,
it is known, are held in Europe for some
millions Of dollars. What will be the eff.
feet ofsuch statement, and the remarks
which accompany it in the official organ
of the administration? 1t is calculated
inevitably to alarm the holders and depre.
ciate the credit of the State and the value
Of the Bonds. This, too, just at the mo.
ment when the Union Bank is about going
into operation, "from which much is ex-
pected" tC aid the State sin paying off her
foreign debt" Such publication as that
in the Globe, and the awful description Of
the condition Of the State, is the sure and
effectual means to prevent the Bank from
going into operation. Its capital consists
of the Bonds of the State. These must
first be disposed Of before 1t goes into ope.
ration. Where will purchasers be found
for them, when it is announced that the
people ofthe State are about TO resort to
violence, bloodshed," and revolution?


We are no advocates Of Lynch Law, but
we should not like to pass through the
State Of Mississippi, if we had been instru-
mental, and it were known there, in inllc-
ting so deep an injury upon the character
and credit Of that State, as we consider
has been done by the recipient of the letter.


The letter is in perfect keeping with
the diabolical spirit which aimates the ed
itor of the Globe. II furnished food to
CRAFTY his black-hearted malice. He
grasps the occasion to utter his anathemas
against the banks, the banks! as the fol-


lowing extract will show. Said he:


"Nearly seven thousand suits are brought
to the court sitting in Kinds county, and
for millions!!-not Of paper, but gold and
silver. The debts were made when the
paper currency cheapened by extraordi-
nary expansion, was the criterion Of val
ue' They are now demanded in gold and
silver, when the extinction of the paper.
as lender for debts, has doubled the val
ue OF the currency, cheapened staples in an
equai proportion, and absolutely DESTROYED
all demand for real property, making i
sacrlhce at the will Of creditors. The
banks tor the most part are these creditors.
ana now they will swallow up the real and
personal property Of borrowers, to en- rich
the stockholders and usurers. busv IN
shaving their notes.


"Aud yet the banks ask relief, and ret
time from the government, whle-if we
may Judge from the innumerabIe suits