Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1890-12-09


msnded was quite sufficient for the pres
ent.
Mr.. Alexander, OF North Carolina, said
that the strongestpoint against the change
in phraseology suggested by Mr.. Loucks
was that we appear to be attempting to
interfere with everybody's business. At
this point Mr.. Davie, OF Kentucky, Of
fered long preamble and resolution TO
take the place OF the first demand, and
from this point on the speakers address
ed themselves. both to Louck's and
Davies amendments Unfortunately.
AGAINST THR sUB-TRRAsURY PLAN ~ ToTo.
The first speaker after the introduc-
ton OF Dayies's resolution was Presi-
dent Hall. of the Missouri Alliance, who
made long speech in opposition TO the
sub-Treasury plan in toto, which was
one Of the best in the days discussion.
He began by saying that every dollar
that he had IN the world was invested
in farms and lands and that none OF bis
property was less than seventeen miles
from the nearest town or nearest railroad.
He was therefore as much interested in
this subject rs anybody, but did not
endorse the sub-1reasury plan. +" am, I"
he said. uncompromiTngly opposed
TO this scheme for the following reasons /:
REASONS FOR THE PATH THAT IS N HIN.
First, it is in violation of the Constitu-
ton of the United States second, it is
subyersive Of and directly opposed TO the
constitution, principles, and demands Of
our own order third, it is unjust and
negotiable fourth, it is very extrava-
giant ; fifth, it would bring financial ruin
to the farmers Of our entire country and
to all other classes OF businessmen I;
sixth, il will have and is now having the
effect OF drawing the minds OF the farm
ors and other laborers of our country
from the greatest curse OF the age, class
and if adopted will commit
lis to that principle which will fasten
these curses upon us for oil time"
FOR THE sUB-TREAsURY PLAN.
Mr.. CLARK. Of Texas, favored the sub
Treasury plan. 1--WE must, ." he said,
" have n huctuating money medium or
go to the wall.
At this point vote was taken on
Louck's amendment and it was not
agreed TO.
Mr.. Cole, of Michigan, made q short
speech in support OF the committees re-
port, and Mr.. Waldo. of Tennessee. fol-
lowed him, after which Colonel Living
stone, OF Georgia, offered resolution
amending the first section of the demand
so that the volume Of currency issued
shall not be less than $50 per capita of
the entire population, which was agreed
TO.
TO AVOID A LANDED MONOPOLY.
in support of this Colonel Livingston
argued that in loaning money on land
there must be n limit both as to the
extent Of land and the amount of
money loaned thereon. Otherwise a
landed monopoly would be created
which would secure all the money.
90 LoaninR money on non-perlshsble
products, he said, els not class legisla-
tron first, because no other industry or
business is damaged by it second, be-
cause benefit to agriculture is a bene-
fit TO all branches Of business"
RAISED A BREEZE.
Mr.. Alexander, Of North Carolina, ar
gued in favor Of land currency, because
under this plan one person or class gets
rs much benefit az another, and he closed
by remarking that "any man who OPP
poses the sub Treasury bill is either igno-
rant or has some sinister motive"
This brought Hall, of Missouri, to his
feet with demand for on explanation,
and Mr.. Alexander said that he did not
intend his remark TO have any personal
AFTERNOON SESSION.
OcALA. December Sat the after
noon session Of the alliance Mr.. Ward
all, of South Dakota, moved TO reconsid-
er the vote by which the alliance pro-
tested against the passage of the election
bill, stating that the reason for
this motion was feeling that
this protest would retard the progress
of the alliance in the North and West
and would be considered partisan. Mr..
Hall, of Missouri, moved to lay the mo-
ton on the table, which was agreed to
by a vote of So TO 30. OF the thirty-two
there were five southern Republicans.
OF the remaining twenty-seven nearly all
say that their voting TO reconsider was
prompted by desire TO free the alliance
from the charge of partisanship.
THE FORCE BILL PROPERLY CHARAc-
TERIZED.
During the discussion on this mo-
ton Mr.. McAlhster, of Mississippi, de-
nounced il as 1.-the loathsome inspira-
ton of several southern traitors who
hoped 20 force their political carcass
upon the southern people through that
petrified theory called the force bill.
That when the devil sent the Duke OF
Alva to the Prussian Diet for Its unbri-
died sanction Of his atrocious career OF
rapine and dissoluteness IN the Neither
lands he did not get warrant for more
infamous measure than the force bill.
THE VOTE BY STATES.
Those States voting against tabling
the motion were Illinois, Texas, In
diana. Michigan, Pennsylvania, South
Dakota, and North Dakota. There was
a divid ed vote in the delegations from
Arkansas, Missouri, West Virginia, Flo
rida, and Kansas.
WASHINGTON ABANDONED AS MEETING
PLACE.
At the afternoon session Washington
was abandoned as the place for holding
the next meeting, and the National Legis-
latiye Council will decide at its first meet
il Q upon some city, either in Indiana or
Illinois.
POSTAL SAVINGS BANK.
The remainder Of the afternoon ses-
sion was chiefly devoted to inside mat
ters. A resolution was passed urging
the establishment of postal savings
banks. and Messrs. Demming Of PENN
sylyania. Page of Virginia, and Houston
OF West Virginia were appointed to ar
range for
A GRAND SUMMER ENcAMPMENT,
the time and place to be fixed there
after. The National Executive Com
mittee was authorized to formulate a
-, Co. a ,outual life association, and to