Alexander G. McNutt
Encyclopedia
Rockbridge County, Virginia
As of the census of 2000, there were 20,808 people, 8,486 households, and 6,075 families residing in the county. The population density was 35 people per square mile . There were 9,550 housing units at an average density of 16 per square mile...
– October 22, 1848, DeSoto County, Mississippi
DeSoto County, Mississippi
-Demographics:As of the census of 2005 estimate, there were 137,004 people, 38,792 households, and 30,102 families residing in the county. The population density was 224 people per square mile . There were 40,795 housing units at an average density of 85 per square mile...
) was a Mississippi
Mississippi
Mississippi is a U.S. state located in the Southern United States. Jackson is the state capital and largest city. The name of the state derives from the Mississippi River, which flows along its western boundary, whose name comes from the Ojibwe word misi-ziibi...
politician that served two consecutive 2-year terms (1838–1842) as that state's governor, having previously served as a state senator (1835–1837).
McNutt studied at Washington College (now Washington and Lee University
Washington and Lee University
Washington and Lee University is a private liberal arts college in Lexington, Virginia, United States.The classical school from which Washington and Lee descended was established in 1749 as Augusta Academy, about north of its present location. In 1776 it was renamed Liberty Hall in a burst of...
) and moved to Jackson, Mississippi
Jackson, Mississippi
Jackson is the capital and the most populous city of the US state of Mississippi. It is one of two county seats of Hinds County ,. The population of the city declined from 184,256 at the 2000 census to 173,514 at the 2010 census...
in the early 1820s. Soon after, McNutt moved to Vicksburg
Vicksburg, Mississippi
Vicksburg is a city in Warren County, Mississippi, United States. It is the only city in Warren County. It is located northwest of New Orleans on the Mississippi and Yazoo rivers, and due west of Jackson, the state capital. In 1900, 14,834 people lived in Vicksburg; in 1910, 20,814; in 1920,...
, where he opened up a law office. His partner was a planter named Joel Cameron. Cameron was murdered by his slaves in 1833 and McNutt subsequently married Cameron's widow, Elizabeth Lewis Cameron.
In 1835, McNutt was elected to Mississippi state Senate. In 1837 he was elected president of the Senate and as president signed the bill that established the Union Bank of Mississippi. As governor, McNutt signed bonds that were sold by the Union Bank of Mississippi to raise capital. However, the Union Bank failed, causing the collapse of a number of Mississippi banks and leaving the state with a five million dollar debt.
In 1841, the state decided not to repay the bonds due to the high interest rates, which led to a nearly century and a half dispute with investors and their heirs that continues to the present day.
McNutt left political life for a few after his second term ended in 1842. In 1847, he came back to wage an (ultimately unsuccessful) campaign for United States Senator
United States Senate
The United States Senate is the upper house of the bicameral legislature of the United States, and together with the United States House of Representatives comprises the United States Congress. The composition and powers of the Senate are established in Article One of the U.S. Constitution. Each...
against his life-long nemesis, Henry S. Foote
Henry S. Foote
Henry Stuart Foote was a United States Senator from Mississippi from 1847 to 1852 and Governor of Mississippi from 1852 to 1854. His emotional leadership on the Senate floor helped secure passage of the Compromise of 1850, which for a time averted a civil war in the United States.-Biography:Henry...
.
In 1848, McNutt campaigned to become an elector for the presidential election. While in Desoto County
DeSoto County, Mississippi
-Demographics:As of the census of 2005 estimate, there were 137,004 people, 38,792 households, and 30,102 families residing in the county. The population density was 224 people per square mile . There were 40,795 housing units at an average density of 85 per square mile...
, he became ill and died on October 22, 1848. He is buried in Greenwood Cemetery
Greenwood Cemetery, Mississippi
Greenwood Cemetery is a cemetery located in downtown Jackson, Mississippi. Still in use, it was established by a federal land grant on November 21, 1821. It was originally known simply as "The Graveyard" and later as "City Cemetery" before the present name was adopted in 1899...
in Jackson, Mississippi
Jackson, Mississippi
Jackson is the capital and the most populous city of the US state of Mississippi. It is one of two county seats of Hinds County ,. The population of the city declined from 184,256 at the 2000 census to 173,514 at the 2010 census...
.