Edgefield advertiser. [volume] (Edgefield, S.C.) 1836-current, 1880-02-12
y q majority of ibe American people.

by a majority of the American people. !
do not believe a people who have so long
enjoyed the blessings of a free Republic
are ready to pass under the yoke of a cen
t~ralized despotism. The whole question is
in q nutshell, the argument has long since
been exhausted, and the people again and
again have cast their ballots in favor OF a
constitutional Republic. There are other
questions which the great mass OF the
people oil the United States are concerned
about. The panic which has prevailed in
this country since 1873 has worked q deep
seated inquiry as 10 its caus, amongst
the thinking men of the United States
The National Democratic party pre-
sorts the strange political anomaly OF a
great party without a well defined planl;
in its platform on the great question oil
finance, which is the bone and sinew OF
every party. What has the present ma
tional bank system to recommend it TO The
members Of the Democratic party? Has
not the past re3ori of the Democratic par
ty been opposed 10 placing the money
power Of the nation in Tie hands CT q 'ew
national banks? Is not this one OF the
worst features ola centralized government?
The most prominent Of our leaders who
are spoken of as the standard be- Of
the Democracy are reported to be IN I17Hr
Of the pr, sent national banking system
| am informed that a large number OF the
Democratic senator's in Congress are in
favor Of the present national bank system.
How strange that our representative men
should go back upon the great principles
enunciatcd by Jackson against national
banks, and the recognized principles and
policy Of the party.
What the South. the Northwest and in
fact the whole UnitedSt ties needs is more
money a currency sufficient in volume
to meet the demands Of agriculture and
commerce. We have a great and Grow-
ing country, and we must have more
morey for its proper and future develop
ment.
The Changers are here in session. | am
a member OF their body, and1 am proud
OF the organization. They have made ir
the past a grand fight agaicst railroad
~monopolies. The Democratic party is op.
posel to all %monopolies. But I am espe-
cialiy opposed to railroad m~onopoilsts;
they are the robber barons OF modern CIV
lllZatlon, with their IRON cars, almost as
terrible as the one Of Juggernart. They
have been riding rough shol over Inc H.
tercst alike Of farmer, and merchants, bat
4 WISE system OF legislation has nntil IN
augarated all pvar the [ ii;.sl States
agHnns, them; The brakes are being snc-
cesSiu!iy put npon these ag9FeSSiv" mo-
nopolies. Cheers
The union OF 81 many OF The +. roads
in the United States lnto 4 Fcw great com-
Danins is Il significant fact, ani from their
close alliance 10 National banks is another
step III The direction Of Il centralized GOV
eminent
Tn' next moe, in my hnTnb!c JY
meat, tiia' Oranges OF til Safe
United STATES shonld take IS {" cAuST z
Congress OF the lnited States to relIr'ii
that section Of The charter cl National
banks winch phphIb!ts them from loan
lng money upon real estate as Il security.
If you owned al! Of The real estat, III
Charleston County. according 10 the pro
visions Of TIER charter, yn coul" not
borrow q dollar from Il National bank up
on your real estate as a security lor tn
same. Il is al unjust an unwise discriml
nation %arainst ths GREAT nronertv Of lbe
VAL os,sio nu,rnrs in tlo fT,iied Stotos
n now inJgn,ant Il he benn ono If the
cb;ef c,Ssos Of the nnnrecalcrteJ sbr;nI.
oao ~ tnn ySi,n If rnpi oStats Ill .,vsr tbo
- Ill Lss.on, go.
the hard times which have continued
since 1873. In 1875 at Darlington Court
house | made a speech az lns5 National
Banks, and suggested as an initial step
towards betterlng the condition Of the
farmers and planters a repell OF that sec
ton Of The charter OF the National banks
which Disseminated against real estate
owners. | have been glad to see the views
| then advocated have also been exp essed
by the Pres dent Of the First National
Bank Of this city, In IL convention at Sar
atoga Of the bankers OF the tnited States,
last Summer He advocated the modi.i-
cation OF the laws so as 10 enable Nation
al banks 10 loan % per cent Of their cap
ital upon real estate a. a security. The
Hon. NJ. p. O'Connor, your Immediate
representative in Congress, looking to the
correction oi lis great afRl crying evil
i mn I" ~ n{.,. T rh x Z. hTw 'siors !
t G9' I'D &C ~ '4 ,ha II" ma mas IL H'V Tue pal' Oh
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u. !" a"stna, ~ NIa,;" -. '''"
WISE sys''A' VI 'cs'9'1''V".
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