The Rock Island Argus. (Rock Island, Ill.) 1877-1885, 1884-01-15
The DAILY ARGUS.
Tuesday January Is. 1854.
FLOWERS OF SPEECH.
Opinions of O Man VINO May be a
Presidential Possibility.
What Asr. Fi8weE, of New Work,
Thinks OF Some of the lssues
---Payne's Boom --POiitI-
cal Points.

NEW York, Jan. 15.-"Gath' SAYS. l find
more or less dissatisfaction among Demo-
Gratis with al the names heretofore prominent
as presidential candidates One man rises,
gets certain following or notoriety, is d.
cussed, and in little while pals on the
Democratic mind The election for speaker
has disabled many previous candidates for
the presidency, and not much assisted few
naIues which have since come forward
Carlisle and Morrison heve been develope!
end are languidly regarded While Mcdonald,
who was the only western. man retaining
much vitality, seems not to he subject of
further curiosity
In this quarter Of the country Mr. r. p
Flowers name has been coming forward in
sort of dog-trot-not from any whoop, nct
cotdled by anybody, butas kind of after
thought.
In a conversation with Mr. Flowe,
said L: Have you any views about the
future banking system of this country
Il maintain as a Democrat said Mr.
Flower, that the national bank currency ie
altogether better for the poor man than tine
legal tenders. The legal tenders can not be
taxed by the state while the national bank
notes can be taxed and are taxed to the ex-
tent of the interest these banks receive on
their bonds which they have deposited at
Washington Consequently the real estate
of the average man and the poor man has to
pay the deficiency in taxation represented by
Eot taxing the legal tenders As far as the
fucu"e currency is concerned will call your
attention to former condition of things in
this state by which three-fifthS OF the rea.
value Of farms could be lent by the state
and by insurance and other funds. There
never was case during the period of
default in that class of property.
Now, | think that it would be possible 20
extend that system through the states to The
public treasury at Washington, of mixing
The national bonds with mortgages Endorsed
by the state governments and deposited al
Washington, so that the people on the ex-
terror could get the money which keeps
lowering around New York like the blood
rushing back to the heart and clogging it.
What we want iscally is that this money
shall be lent with more equality of interest
over the width of the country. At Vicks-
burg, Mississippi, for instance, the rate for
money is Is per cent. But the money win
not go to Vicksburg, but keeps around New
York, where it is only worth , per cent. l
see no reason why the old New York system
should not be introduced into the southern
states of letting the states lend on say three
biUhs Oh Che real value OF property, and put
ting the mortgages at ashlngton as the
OASIS OF tne national oankS,
A gentleman present, who scanned to want
to make point against the national banks,
SAID tnat he ana not thlnH 1t right that in
times OF panic the bank should lock up the
money belonging TO Its depos1torS, while they
continued 10 draw interest on their bonds at
washington NOW, SAID MI Flower, that
provision, my friend Is not 10 help the banks
al al. out 10 heIP Ihe people the banks have
!ehI the money TO- Aou Tor instance, have
SooooO IN a CINCINNATI bank Along comes
WhlfIwlnd ana The bank gives notice that
4"r certain tluie IL WIu not let you lift your
iAoney cut why Is that donef Merely be-
cause the oahK nas not got the money to pay
you' 'ha' money Deihs out among the
e.ocers, Uraaesilen and persons doing bust
ness for tneir projection, TO Keep their
SHOPS from oelilg smut up There Is brief sus
petoion anu Inc ei''iIe community IS pro
,au l. nat we" 90 you take about the
Laul Na, Seneihes ol revenue reform IN con
1.'taS ess enoali Ieiuce TAXA
o,ti,-a oDd most s,,[si+i,,a fr,rrs 90 -
,io,, For i-s+onoo ,,,b,, MOI tal,a S9a noa aoa
off tohacco9 That yoDId ra1ieua a, 49,,