Baxter Springs news. [volume] (Baxter Springs, Kan.) 1882-1919, 1890-06-07
THE WAREHOUSE PLAN.

heves tho scheme Imprncticabie.
WASHINGTON, June 3.-To B. F. How
ard, OF Tuscogee, Ala, Senator Carlisle
has written letter in response to Mr..
Towards request for the Senator's views
upon the bill providing for system OF
Government warehouses for farm pro-
ducts, upon which products treasury
notes may be issued.
The Senator says: 1.-THE farmers have
been taxed so long for the benefit
OF other classes, and there has been so
much Legislation for aggrandizement Of
corporations and syndicates that their
patience is exhausted, and finding 1t inn
possible, for the time being ut least, to
abolish the system which has oppressed
and despoiled the greatest industrial in
terest of the country, they are now de-
manding that the very policy which they
have heretofore announced as unjust
and ruinous shall be applied to them, or
rather part of them, for no scheme has
yet been suggested that would operate
alike on all farmers. But no evil can
be corrected. no wrong can be righted
by increasing its magnitude and extend
ing the scope Of its operations. There
is but one effectual remedy for the evil
which undoubtedly exists, and that is
toreverse the policy which produced it."
The Senator, after rehearsing the
features of the proposed sub-treasury
plan and noting the facts that the farm
ers themselves will pay more than their
fair share Of the cost Of erecting the
warehouses and that the officers con-
nected with them will be partisans Of
the Administration in power, says:
There are more than $500 counties in
the United States. But not more than
one-third of them, If that many, produce
and sell annually more than 100000
worth of wheat, corn, oats, cotton and
tobacco, and therefore not more than
one-third of them could possibly avail
themselves Of this plan, If 1t were
adopted, for the bill provides that
county, in order to secure warehouse,
must produce and sell annually farm
products valued at $500, 900. 1t will DO
seen, therefore, at the very outset that
it is plan to compel the Government
10 issue and distribute money for the
benefit of the people living in the rich
and productive counties at the expense
of the people living in the poorer and
less productive ones. Moreover, 1t is q
plan to enable INSCRIPTIONS spectators
to take advantage of the farmers pecu.
MARY necess ties and extort exorbitant
prices for food from people who reside
in cities, towns and villages and from
people who reside in the country, but
do not own these particular agricultural
products. 1t is evident that no farmer
will subject himself to the labor and eX-
pense of transporting his products to
the public warehouse and to all the
other charges which he must pay for
storage, for handling and for taking
care Of them while there, when he has
barns and granaries at home unless he
is in debt and absolutely needs the
money which the Government is to adj
vance, and If he is in that unfortunate
condition from what source is he after
ward to acquire the means to redeem
the products by returning the money
and interest and paying the warehouse
charges?
''In great majority of cases, he will
never be able to redeem them, but will
be forced to lose the remaining 20 per
cent. of the value of his products, or sell
his warehouse receipts for whatever he
can get for them, which will be very
little, for it must be remembers that
after he gets his warehouse receipts he
has remaining interest Of only 90 per
cent, less charges for interest, storage,
etc., and this is all he can dispose of.
He will find the time rapidly approach
ing when he must have money to re-
deem his products or sell his small re-
naming interest in them, or allow them
to be sold at public auction by the Gov
eminent, and this will be the golden OPP
portunity Of the spectators, whose
agents will swarm all over the country
ready to take the warehouse receipts
from the embarrassed owners for q
merely nominal sum. The receipt is
simply privilege of redemption, like
pawnbroker's ticket, and the farmer,
being himself unable to redeem, will be
forced ultimately to dispose Of it at any
price offered. do not think that any
considerable number of intelligent peo-
pie in this country will unite in asking
the Government to establish system |
which will compel them in large mum.
Der Of cases to sacrifice the products Of
their labor"
Senator Carlisle argues at some
length to show that the plan proposed
would produce an annual expansion and
contraction Of the currency which would
result in absolutely destroying the mar
ket upon which the farmer must depend
for the sale of his crops, and that the
cotton farmers, who are supporting the
scheme, would be especial sufferers, be-
cause the plan in his estimation, would
o1ooa ararv c0&koV @ookorx n tho ooun.