Telegram-herald., 1890-11-25

EAHAAs \ A&Ast k1sAA
TIE oesgn ot tns FaunsFs Alh2nes.
- ssst<s ta% e0ediaen u ths agrscuL-
tara esassss. hke th2s u re sAfioas -
esx ezganiz4tsssas - inlpEoys Ese eonai-
sea q tae Aso~snag classes. : god.
Bat -aea e Purposes he oseFt1Fo~ of
n84nci4l systsAs aRa sasocsses Esaieal
revolutions "a alrsctioas Ia Hhlch farm.
ere have hza % particular experiences,
shS sillancs snouid De carefully
watched - TIE mere eoassfx4givs ele-
meats cf elsszensaip. TIE lSboE ofgknl-
zations, snsn y00nx started out Via
sxsraFas2nt IDEAS 0f case legislation,
win sot hEtle consideration of nos
other classes sho Dad squal and quite
as sacred fights, were % De Affected. Il
ras only after the sxtravaEsaee had
worn o1 that really beneficial legisl4-
ton sas had. - it Is likely 10 10 WITH
the demands Of the Farmers Alliance.
The Brooklyn Standard Union points
oai some 0E the sxtFayAgknoes OF the
alliance. IL says
The farming fnsncers OF course
look upon tie p4nic that has lust rat
tied around the word as confirmation
OK al they have hAd 20 say in opp0s.-
lion 70 banking systems. The fundz-
mental assumption OF the nnsneierng
farmeF-sn bis platform AteTatuTe-.s
that nn4uce is business that should
Do attended 10 according h natural
giftsi that the inspiration Of utter x
nOrance s Tar superior TO the knowl-
edge gained By pSrscUcal intelligence
and the cultivation ~ experience. The
nrst thing tile farmer VINO puts himself
forward as a bigger man than the law
/ yer, would 90 II he could is % abolish
banks tie charges the agitation of the
/ money market % the banks. tie be-
lieyes Jay Gould bursted the BaFings.
lie dOss not see that most calamltous
eonYoisiOn MAS largely ayerted by the
loan the Bank OF France made TO the
Bank of England. There never has
been a inner instance illustrating the
value OF great bank conducted under
National auspices and administered by
the scientists of finance. But the EN-
battled farmer points out that the
banks did It, and goes on TO show, with
the perfect assurance OF knowing moth
ing At AL about 1t, that wuat we
want IS the adjustment OF the National
bauks-far away the strongest, falrest.
end most sale and useful system ever
| devised IN this cOuntry-aud put the
| Government into wildcat tinanclerlng.
| Then be wants 10 elect Presidents by
popular vote, giving the Solid South n
| chance To roll up a majority OF MIL
| trv To- ~. TO
pudIator and nulllfier n the field. Fur
| ther ne would turn over the railroads
TO popularity elected commissioners,
that IS 10 say inaugurate, for dema-
gogic purposes, Gang Government IN
railroads. Imagine Tammany and like
Organizations electlng commissioners to
run the New York Central and Hudson
River, the Erie, and the New Jersey
Central and Pennsylvania roads! THIS
is the entertainment 10 which the next
| Congress will invite the people, and
the new railroad and banking ideas are
TO be supplemented by free coinage,
which CONS nothing, but prints paper,
and is not free at all, but forced, and
then the Government is expected TO go
into every mans field and issue cur
rency on the craps The politi-
cal farmer. who has come up as
a revolutOnist to the aid of the Demo-
cratic party, has forgotten the day of
cheap and dirty paper trash, and wants
| more OF II. He desires to lower our
National credlt-destroy it, IN fact-get
up an era OF expansion upon the theory
that fever can last forever and that it
is not the history of bubbles TO collapse
and he would, = quarter of a century
| after the failure of the Southern Con-
federacy, take up its financial ways and
go into the liquidation of reputation.
at is upon this platform, as we are
drifting, that the Democratic party
must be drawn up for the next Presi-
dental election. The solid men of
New England, New York, New Jersey
and Pennsylvania, VINO have been
worrying themselves into the Demo-
cratic party as a change, should give
this subject some attention before going
too far on the inclination that furnishes
all the facilities for sliding into the
bottomless pit"