The progressive farmer. [volume] (Winston, N.C.) 1886-1904, 1890-03-18
SENATOR VANCE IN A NEW
ROLE.

i Will SOunu W Guo
average North Carolinian to hear
that our Senator has committed an act
that "smacks of p~aternalism of
Capitalization in it's worst form
ais both bad craftsmanship and repre-
hensible politics to try to hood-wlnk
farmers by cheap methods"
Perhaps the noble old Roman, sus-
tanned as he is by a lifetime record as
the peoples friend, may be able to
survive this terrible onslaught of the
Tarboro SOutherner7-at all events the
people will not accept these charges as
true until several witnesses like the
Southerner shall repeat them and swear
to them several times.
But what is the terrible crime of
which Senator Vance is guilty, and
for which the Southerner denounces
so severely?
1t was simply and only the intro
duction, by request, of ga bill to
establish a system of government
storehouses for agricultural products,
and for other purposes" The South
erner says:
off the federal Congress will legis,
late out of existence the vampires in
the shape of tariff barons, stock man
ipulators, spectators in the necessaries
of life, the combines and performers,
some lasting and real good will be
done the farmers and their burdens
greatly lightened.
off Congress and the State legisla-
ture will enact laws preventing the
tyranny of capital, its steady accumu-
lation in the hands of the few, when
the pauperizing of the many is contin-
ually going on, an epoch of prosper,
ity, advancement and thrift will be
marked"
When the Southerner shall see the
bill and examine it carefully, thorough
ly and impartially, as it should have
done, in fairness to itself and to Sen.
ator Vance, before condemning the
bill and denouncing the Senator fol
introducing it, that paper will be
forced to admit that for the accom-
plishment of the purposes it advocates
in the above quoted language, nc
measure has ever been introduced in
: Congress better suited.
When the government establishes
system by which it lends its money sc
cents in the dollar to bankers and
capitalists at m per cent. on evidence.
of Indebtedness, and allows them tc
charge the farmers of North Caroline
from eight to taOelve per cent. for the
same money, the Southerner is ~serenely
quiet and has no word of condemna
ton for such a system.
But when the farmers or Senator
Vance would ask the government tc
lend the farmer its money at 80 cents
In the dollar, at one per cent. on evG
dence of OeaM and the best security
in the world, the SOWtherner howls
with rage and denounces the system
as "bad craftsmanship" etc.
When by the anne system the gov
eminent places in the hands of 3,3lS
banks the absolute power to contract
the volume of currency until it takes
double the amount of agriculture
products to buy a dollar that it re
quired a few years ago, The SO~theTne'
is immensely satisfied with the sys
tenn.
But when the farmer asks that this
robbery be checked by giving him
power to withhold his product from
the market-from a glutted and cheap
market by placing it as security fol-
the government and borrowing money
as stated, then cit is Capitalization in
its worst form"
But you see, it makes all the differ
ence as to "whose OK is beinc
gored."
We imagine that Senator Vanc,