nucleus of an American population in the States of Mississippi and
Alabama. The lands bordering upon these rivers and their tributaries
were known to be exceedingly fertile, and proffered inducements to
settlers unequalled in all the South. Speculation was very soon
directed to these regions. A company was formed of citizens of Georgia
and Virginia for the purchase of an immense tract of territory,
including most of what is now Mississippi and Alabama. This company
was known as the Georgia Company, and the territory as the Yazoo
Purchase. It was a joint-stock company, and managed by trustees or
directors. The object was speculation. It was intended to purchase
from Georgia this domain, then to survey it and subdivide it into
tracts to suit purchasers. Parties were delegated to make this
purchase: this could only be done by the Legislature and by special
act passed for that purpose. The proposition was made, and met with
formidable opposition. The scheme was a gigantic one and promised
great results, and the parties concerned were bold and unscrupulous.
They very soon ascertained that means other than honorable to either
party must be resorted to to secure success. The members to be
operated upon were selected, and the company's agents began the work.
Enough was made, by donations of stock and the direct payment of money
by those interested in the scheme, to effect the passage of the Act
and secure the contract of purchase and sale. The opposition denied
the power of the Legislature to sell; asserting that the territory was
sacred to the people of the State, and that those, in selecting their
representatives, had never contemplated delegating any such powers as
would enable them to dispose by sale of any part of the public domain;
that it was the province of the Legislature, under the Constitution,
to pass laws for the general good alone, and not to barter or sell any
portion of the territory of the State to be separated from the domain
and authority of the State. They insisted that the matter should be