The gold leaf. [volume] (Henderson, N.C.) 1881-1911, 1890-09-25

the abolition Of National Banks before
some other system of banks had beer
devised to take their place?
IMMEDIATE ABOLITION WOULD NOT DO
The country is full of debtors who
if the banks were compelled to Close
up their business, "in the present Fl.
nancial condition of the country
would be utterly ruined. If the bank:
had to collect all debts due them
where would debtors obtain the money
to pay their notes? It could not be
obtained, if nothing had been provided
10 take the place Of the banks, and the
property of thousands of unfortunate
debtors would be sold under the ham
mer at ruinous prices and bought by
the spectators who happened to have
ready cash.
HE FAVORED STATE BANKS.
He favored the establishment oil
State banks of issue, based upon sound
principles of finance where all people
could borrow money upon their prop
erty, and he believed the repeal of the
tax on State banks would be followed
by good results in this direction.
sQUARELY ON THE DEMOCRATIC PLAT
What is needed is extension of the
banking privileges to the people OF the
States. That his votes in Congress
prove that he wanted more money
given to the people-this he tried to
secure by voting for the free coinage
of silver. He stated that he stood
upon the State Democratic platform.
SOME PERSONAL ALLUSIONS.
The Senator hoped his hearers would
excuse him for some reference to him
self.
He said thirty six years ago he made
his entry into public life as member
of the House of Commons from Bun
combe county. Such a Legislature
had never before or since assembled in
North Carolina. 1t contained such
names as Morehead, Graham, Gilmer,
Fisher, Shipp, Winston, Ashe, Biggs,
Cherry, Dortch and others, all of
whom "have passed over the river and
are resting under the shade of the
trees"
In 1888 he was elected member of
Congress.
Then he was Union man and did
all he could to keep his people out of
the war, and that he stood for the
Union as long as honor could permit,
but when the people decided to go
out, he went with them.
He felt, "whither thou goest, l will
go; thy people shall be my people,
and thy God my God"
That his course during the days of
fire and darkness, when the clouds of
war were over the land, was known to
them, and it was known to him, never
to be forgotten, how they had sus-
tanned him, in the execution of the
duties of the high Office to which they
had called him.
He was the standard bearer of the
party in 1876, when the State was re-
deemed from Radical rule.
In 1878 the people elected him to
the Senate, and in 1886 he was re-
elected. He wanted to say that
whether he had served the people ably
was not for him to say, but he could
say that he had served them faithfully
and honestly. There had in all these
years been no stain or scandal con-
uected with his name.
That his relations with his people
had been harmonious, and that there
had never been any difference between
them except upon the Sub Treasury
bill.
AN APT AND HoMELY ILLsUTRATIoN.
If a man had a horse which had
served him faithfully for thirty-six
years, and which had never kicked,
baked, SHE'D or run away, but was
always ready and willing to 60 at the
command of his master, but which on
one occasion, after SO long a service,
SHE'D at an object in the road and
broke the buggy, would its owner get
his gun and shoot the faithful old
horse If so, fire away. He had
done the best he could. That if they |
had man who could serve them |
thirty=six years, honestly and faithfully |
and make no mistakes, bring him out
and he would support him. God for
bid that he should represent any one
class. The best service of his life had |
been given to representing all the peo-
pie of North Carolina.
A PLEA FOR HARMONY.
All the people are SO interviewer
that what benefits one benefits all. |
That there was too much "smart |
Alecky'' talk. Some people outside |
the Alliance say they won't vote for a |
candidate for the Legislature who will |
not pledge himself to vote for Vance;
and some folks inside the Alliance |
say they won't vote for any candidate
who does not pledge himself to vote |
for Vance-AND IN POPS A RADICAL
LET DIRTY LINEN BE WASHED on THE |
BACK STEPS.
That if Democrats have any dirty |
linen to wash, don't wash it on the |
front steps; the back yard is the place |
for that.
STAND UP To THE DEMOCRACY.
Stand up to the Democracy. Forty
thousand sub-treasury bills would not
help them as much as a Democratic !
Senate and House. Then the laws |
that oppress the people can be re-
pealed-then further oppression can
be prevented.
He begged them not to waste their |
strength fighting merchants, half starv-
ed lawverS and newS1apeyc .haf are