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The MISSISSIPPI Bonds. We were looking
OF The facts in the case Of the Mississippi Bonds
which the government Of that Stale refuses to
pay, when we found the work done to oul hands
in inc Albany Argus received by this mornings
mail The artcIe Is copied below.


Our readers will see with wha, justice the REQ.
pie Of the State Of Mississippi are denounced as
'.swinders" by the organs Of the Wing plty.--
There never was boder more thorough, more
prof gate pece Of swndAug than that which has
been prsclsed upon the very people who are as
sailed with these harsh eplthes. A violation OF
the Constitution Of tina, state in the first place, a
violation Of the law Of the State ln the second
place. and in the third place fraudulent cou
sion between those whn had The bonds to dispose
Of, and those who purchased hem--lhese are The
prnclpal elements OF which the Transaction is
made up, aud Iouer attempt 70 cheat the peo.
pie aud plumber the public treasury, never ,me to
our knowledge


ii viii be seen that the bonds, the payment of
which is in dispute, were issued under law
which had never passed through the forms requlr.
ed by the Consllutloh and was IN lacl no law
nt all. Ii Will be seen IN the second place, that
even the requirements oflhls law weie not pur-
sued IN the disposal OF these bonds, but thai they
were sold under their par value. The Constill-
ton ola State und The laws Of a State are public
matters OF which every dealer III the money mar.
kvl must be presumed 10 have notice, and he
has not il Is his own idul, Ii he takes the spu.
rous bond OF State, he must be the loser, iusl
rs much as when he lakes the spurious note Of a
bank or all individual. 1t will be seen in the
third place, thai nol dollar of the money r,cev.
I'd lor tae sale Of the bonds tver went into the
State Treasury, or was IN any way expended for
their benefit. II viii be seen further, that as soon
as the circumstances under which TIE bonds were
disposed OF we're made known to Gov. McNutl.
be instantly by a pubic message declared the
sale to be illegal. A, that time, only two tn /.
lions Of dollars had been pad on the bonds BY Ii g
United States Bank, whlcl had become the pnr.
haser through Nicholas bIddle. 1t appears.
however, that Notwithstanding this message, the
United States Bank completed The TRANSACTION by
the payment Of The remainder of the sum agreed
up"n.


Looking At the matter by the help OF this stale
mtnli u " cleaT ulht tut purchase ol Inc nOnCS by
Mr. Biddlr, was cousWe and fraudulent. He
purchased with full knowledge Of the iIlegah,y
Of tue TRANSACTIONS; Or, which is the same thing.
With the means Of knowledge before him, aud
completed the terms OF the purchase allr public
no tce had been gwen Of lis fraudulent character
A AsnbsequenI purchaser Of The bonds from Mr..
Blddle, aiIer the fraud has thus become noor-
Gus, takes lhem Of course, al his cwn peril He
mus lo,.k to the Uni9n Bank, and the Bank ,f
thr Z. States, the parties 10 the fraud, and not TO
State Of Missls-lpp. ~. Y Eesniag Post.