The daily state chronicle. [volume] (Raleigh, N.C.) 188?-1891, 1890-12-09

francisco, Cal. ;>S. S. Harvey, manager.
PENSACOLA, Fla; A. K. Frar, manager.
st. Pani. Minn.; w. W. Holland, Louis, |
vile, Ky. Il. M. Humphreys, Houston.
Texas.
The executive board is composed of
the president, vice president and M. D.
Coifin, OF Homer, Ill The latter IS the
na'loaal commissioner of the Farmers
Mutual Benefit Association.
Fbe work Of the association was
divided into sections, each of which is in
charge OF committee. Of the cotto n
committee, I. A Clayton, of New
Orleans, is chairman. 1t will 90 to
Europe and visit the cotton exchanges
of Liverpool, Havre, Bremen aud all the
cotton ports, where arrangements will
be made for the shipment of cotton
direct from the Alliauc warehouses to
The cotton exchanges of European ports.
The committee will also insist on selling
cotton by net weight, deducting only
the actual tare from the gross weights.
There is bagging committee with M.
ID. Coffin, of Homer. ILL.,, as chairman,
and tobacco committee, presided over
by W. W. Holland, of Louisville.
The Investigating Report.
At the afternoon session Chairman
Mcdowell presented the report of the
committee appointed to investigate the
charges and inslnuations affecting the
official conduct of Polk, Livingston and
Macune. The committee finds:
1. That we have been unable to ascer-
tain single fact, duplicating in any
way, shape or form, the high character
and standing. and personal and official
reputation of our worthy president, L.
L Polk, but we regret his writing of the
Norwood letter.
g. As to brother Livingston, president
of the Georgia State Alliance, we do not
find anything derogatory Of his personal
or official high standing, but your COM
mittee is not quite prepared to endorse
his course in the Georgia senatorial con-
test.
8. That in the case Of DR.. G. W. Ma
cune, nothing has been found to lessen
our confidence in bis personal integrity
and loyalty to the order. However, we
regret his official connection with the
Georgia senatorial contest.
The Macune Matter.
Mr.. Hall, of Missouri, arose to enter
his protest against the report of the in
vestlgating committee, and was fought
on the ground that he had forfeited biz
right to make a majority report. DIR
Macuue demanded the right to introduc;
testimony in rebuttal, if a minority re
port should be made Members said i
there WAS cat in the bag they wanted
to know it, and Wade, of Tennessee, de
manded the report, which was ordered
by large ma jority.
Mr.. Hall then said that he Withheld,
his signature from the report of the in
vestIgating committee because, concern
ing the statement by Hall, information
comes from sources that appears to b
strictly reliable, and Macune's testimon,
before the committee on this point Wa
: to the effect that the national treasur,
Of the Alliance aud that OF the Natiola
Economist, were sadly in need of funds
J and he borrowed 80, 600 from Calhou
on collateral.
Halls statement was followed by
8 fierce debate, which was ended BY Lily
: ingston's motion to defer further dis
cussion until 8 o'clock In the evening.
l At the night session DR.. Macune Wen
: around with documents to answer Hall
q protest After brief statement, i
. which he explained his evidence sui
b stantially as above, member of the IL
q vestigating committee made a speec
3 upholding Macune Something Wa
q then said about a withdrawal of the prt
t test, and Hall rose aud said that, fC
It the sake of harmony, he would will
J, draw the protest. This statement WI
o greeted with Kisses and Hall finally lie
the room.
Polk on the Third Party.
ll-k President Polk said:
d1 1.-The thread of public opinion anon
,e the masses is evidently in the direction
is independent political action. Wheth'
)e such sentiment is to be formulated ar
le resolved into third or independent pa
e, ty depends greatly upon the action
IL the present Congress in regard to t
d. financial system Of the country. III
er people believe they :ave been decelv
es to false issues which have been press
n with great vlgor, particularly by par
on leaders for the past twenty five yeal
n They are investigating the situation
he themselves with great earneStness, a
Dr. they have concluded that their chief
IN is in the financial system of the govel
'u- ment. There is a universal demand
all financial reform, by which all classes a
interests are to secure justice at
"a hands of government in the matter
ess the issue and distribution of curen'
ac- They are scrutinzing closely the histe
ve- of the two political part
it for twenty-five years on t
'rs' subject, and find that the great leade
md and, indeed, the platforms OF the parti
on have run in parallel lines on the quest
are of finance. If this course shall be p
'hy sist ed in, as evidenced by the last ca
ks. paign, it will add very greatly in prt
ON pitating this great issue, and that
de- people, dlstrustful of the sincerity OF
nal leaders, will rally under one banner,
J of their slogan will be financial reform.
Ssh great economic questions which confr
ress the people and agitate the public m
seem to have been studiously avoided
the political speakers of both parties
tive the past campaign, except where
the forced free discussion, and this, IN
the face of the fact that never in the hist
,an- of the country has there been sucf
-, ,r~ont 1oroond on nartV leaders