The Caucasian. (Clinton, N.C.) 188?-1913, 1890-09-25

and wheat III Liverpool at price
fixed there in competition wish the
products Of the world.
THE FAEMER PAYS \ BONUS.
If every imam was benefited by |
the tariff as much ,s he WAS taxed,
no one would be benefited and no /
one injured, bat that If any were
bt nefitted by the taA ii Was the |
man who received 1t in the shape of |
the increased price of his product,
and the man who bought the pro-
duct was injured to that extent. The
farmer must buy the product OF the
factories and pay TO every mill
owner bonus, made necessary by
the tariff, while the tariff made no.
body pay him any bonus upon any
thing which he raised.
The Senator gave many instances
Of unjust discrimination III the
tariff bill against the S,uth. Among
others that the Mckinley bin raised
| the tax on Gotten ties from 30 cents
| to 81 .03.
THE FARMERS HAVE TAKEN Hls|
ADVICE.
| The Senator stated that for years
he hal called the attention Of the
farmers to the fact that every other
class was organized; the business
men, the railroads, the great tinan-
eiers, and that it was the duty of
the farmers 10 organize tn order to
resist lie encroachments of the
| nOney kings. He was glau they
had taken his advice, and now ac-
cording to some he was the first
man that some of the members Of
this great organization would
slaughter.
That he had never entertained an,
sentiment or made any speech that
was not for the interest Of the far
mers. That he had looked specially
after THEN interest because they
constituted the great majority of
his constituents.
HIS POSITION ON THE ESUB-TREAsURY
BILL.
He said that it weujd give him
pleasure to state that he had been
endorsed by nearly every county
convention that had been held. And
vet he understood that there were
some good and true men who be-
lieved, or had been taught to believe,
that he had been untrue to the in
terests Of the farmers.
For the information of that class
of men he would explain his posi-
ton with reference to the bill kiiO En
as the Sub-Treasury bill.
He stated that he was askedk to
introduce the sup~treAsuf fy bill, hnd
consented TO do lSo, stating at Ithe
time. .tp those vii y padd the request
that that Gould n9k Fe to fup-
Til BiM. as BAdl to Ihihn,
contained provision that the
warehouse keepers should be elected
bv the people, which was contrary
to an express provision Of the Con-
stitution, and he struck that out
and inserted in place of it a provi-
sion that they should be appointed
: by the Secretary of the Treasury.
After investigating the bill most
carefully, and consulting the ablest
, constitutional lawyers Of the Senate,
} he was convinced that the bill was
, unconstitutional, and that he could
l.. not support it. That he at once
5 wrote his conclusion Il Mr.. Bedding
5 field, secretary ofthe State Alliance.
e That the bill had not then been
D called up; that he had not been
| called upon to vote upon it; that al
r this time the bill was before the
committee, and that he might have
refrained from expressing any
: opinion upon it; but that was moi
: his way Of doing business, and ht
/ had no desire to conceal his opinion:
: when formed, from his people
: That afterwards learning that thi
n letter to Mr.. Beduipgied had no
y been made public, and receiving in
v formation that numbers of the ALI
|. ancemen were under the impression
It that he was in favor of the bill
d desiring that there should be M
r mistake as to his position, he Wrot
d the letter addressed to Presiden
e Carr, liz which he stated his view
= in reference to the bill.
/, 1t has been charged and tn
e charge has gone out among the peo
/, ple that he had made the chang
h whereby warehouse keepers were t
d be appointed iustead Of elected fO
)f the purpose of rendering the mea
l. sure unpopular. His reply t. thi
IS was that it was not the truth, an
the whole tenor Of his public lif
was contradiction of the charge,
A. That he believed the bill was III
- constitutional because there is II
NJ express power given in the consti
~ tuition to the government to lOa1
- money, and none to whic tha
power was auxiliary.
- That he had heard it said that til
y. government lent money to tn
-, national banks, and if so, why coul
r. it not lend to individuals: But th
~ government did not lend the none
,o to the banks, but deposited it wit
% them for its own convenience Ju'
n as an individual deposited hi
90 private money in banks.
~ The advocates Of the sub-treasur
,i bill alleged that the gOvernmeI
~ built warehouses for distiliers
,d which they could deposit liquor
~ and that it was as competent for tt
NJ government to build warehouses Il
bt farmers 10 deposit their product
m That this was misconceptions I
10 the facts. That the governE-ei
ed did not build any warehouses Il
sh distlllers to deposit their liquors i
1v but that the distillero themselv
"a built the warehouses and the goyerl
ment took charge of them until tt
,rs revenue tax was paid. Here
"a referred to the statutes of the Z.
cir regulating the subject Of bondt
40 warehouses.
~ That he believed the bill to
81 unconstitutional because it propos
ali to lend money to certain class
farmers only; that money was n
to be lent to all the people, bat
farmers only, and to those t:irmt
olo,o ,ubn ico6 cotton corn Vhf