The weekly Union times. [volume] (Union C.H., South Carolina) 1871-1894, 1890-07-11

uoliars: fvr 1t must ,be remembered that
two-thirds Of the grain crop must he r,-
tiiued on'thc farm consumption. Now sur-
pose this grain is all stored during the
months Of August, September, October and
November, how wonld the account stand on
the first day of January folio wing? Under
this system thirty u illion dollars will be de-
livered monthly to consumers this would
amount to one hundred and fifty million
dollars. Deduct this from the three hun
dred and sixty million dollars woulI leave
two hundred amd ten million dollars worth
on hand, and if the limit was advanced
upon it the amount would be one hundred
and sixty-c'ght million dollars. Add the
two together and VIC see that there would be
outstanding On the first day III January
three hundred and thirty-four million dol
lars: this is the sum total of the iuhntion
This would be rapidly returned by sale of
the produce.
Now during 1889 there was ex ported from
the United States over five hundred and
thirty-two million dollars worth Of farm
products, every dollar of which had to he
paid for i'll money, because our tariff laws
prevented us from taking The produce If
those purchasers in exchange for ours These
foreigners were compelled therefore to hunt
customers for their produce elsewhere, and
if they could have secured elsewhere the
reasonable TO say they would have done so.
therefore VIC are forced to conclude that rhcy
made those purchases from us under c,mpul-
sion. II naturally follows we are masters
Of the situation and that they were compclled
to pay MS in the kind of money that we were
willing to take hence Col Mills much ado
about Initiation, or the gold and silver lcav-
ing the country. falls te tho ground. Does
any one deny that we need this extra amount
of money in circulation more than we row
have? Col. Mills does not unless he re-
pudiates all the great speeches he has hereto
fore delivered in the Ninth Congressional
district that made him so popular with his
constituents
Col. Mills says that if we adopt the sub
treasury system VIC will be compelled t, add
bacon, pork, beef, butter, cheese, lard hay
iron, stee', wOolcn and cotton goods II tdc
list.
Afer the system has been perfec.ci the
good sense oft people guided by cxpcr cnce
will dictate to them what articles to add
and what to rejcc'. for all democrats believe
that the people arc and will remain fully
competent 10 manage their own affairs, AID
they will surmount every obstacle that him
dcrs their progress of liberty. This is only
disput cd by artist ocrats.
Again Col. Mills says The sub-trcasury
system wilt lock up AMI keep out of the
markets the products necessary to feed and
clothc the human family aud of course will
bring with it distress aud suffering amcng
all the poorer classes of the people.
lfCol. Mills htl remained with his COM
mit:cc while the friends of this bill wcrs
explaining it's workings he woull have been
far from making any such assertion. lie woul
have learned that these products will not b.
thheld from consumption one hour under
sn1S h,,t bad,
the delivery to them rs fast rs needed and at
even lower prices .han they now pay for them.
The Colonel would have found out that it is
inrcnlcl through the medium of this system
to carry on the business without the inter-
vcntion of such worthless as "Old Hutch
and kindred gentlemen who manipulate all
other produce with the same results as "Old
Hutch docs wheat.
The process though which these worthless
gather unto themselves S22l 600, 900 annual
" of other peoples earnings is now known
by all intelligent people. They first skin
the producer out Of his produce, hoard 1t
up. and then skin the consumers ill two
thirds of the producers and consumers 60
half fc and half clothed, because they can,
pay the "Old lIutchcs" their price, then to
hide their robbery they shrek over-produc-
lion in the fall and laziDess in the spring as
spolia,i6h
The farmers Of America are in possession
OF too much common sense to attemp' TO ""
up the price of their produce to con liners,
because they know that it would stimulate
the production of those very articles in other
countries and thereby destroy their own
prosperity. It's the shylocks, the curse of
all nations in all ages, that the Farmers Al
lance is after, none others, md | am sur
prised that Col. Mi Is has not caught on TO
this fact, since he represents almcSt entirely
an agricultural peop'c, and if he has raid
any attention 20 their con1itoa he knows
these same shylocks have boen these many
years skinning them numerically.
(CONCLrDEp NEXT WEEK.