The Durham recorder. [volume] (Durham, N.C.) 1879-19??, 1890-06-11
market at once. sell them at half

market at once. sell them at half
price, pay interest, insurance and
other charges and close up the trans.
action o heavy loses. Let MS look at
it from the position Of the consumers
of farm products. What are they
to do while farm products are locked
up In the sub treasury? What a:e
they to do for daily subsistence?
What have they to deposit upon
which to draw 80 per cent. Of its
value with which to purchase their
daily suppliesi They are entitled to
equal consideration with the rest,
As Democrats, we believe with Mr.,
Jefferson in "equal and exact justice
TO ALL" Our whole system OF free
government is founded on that carr
dinal principle, and the Democrat
party was organized at tile beginning
to secure it. All the battles 1t has
fought and all the victories 1t has
won have been to preserve 1t. Tue
Democratic party has never favored
class Legislation aud 1t never will.
Whe any measure is proposed for
their adoption il must Impose its
burdens and bestow its benefits alike
| on all. | am thoroughly convinced
that the sub.treasury scheme will in
jure farmers aud all voters, but | am
presenting it to you In the light in
which its advocates present it, "a .
measure beneficial to the depositors
OF farm products, but injurious to
those who have 10 buy and consume
them. There is another objection
to the proposed scheme that ! am
afraid was not considered by my De-
mocratis friends in Milan county.
1t will require ten or dozen sfhcers
at each OF the sub-treasuries to re.
ceiye and care for the products de.
posted, return them to depositors,
aud make settlement for advances,
in; crest. insurance and other charges,
or sell than at auction and account
for proceeds of sale, TO render &C.
counts to the government, TO receive
Its money, keep books, make returns
and perform such other duties o.
| will be found necessary in conduc.
| ting so large q business. The bill
only provides for one such officer,
but that is manifestly insufficient and
| the government, II the bill is passed,
| will provide force enough 10 execute
| its provisions. Under the constItu-
ton they must be appointed by the
| President or those under his author.
Iity. Have my Democratic friends
considele I what would be the effect
of filing the Southern States with
Republican ofiiceholders dispensing
Hundreds of millions of money!
Do you want TO return 10 the period
of reconstruction again? Have the
Democrats Of Milan county forgot
ton the throes and commissions
through which Ne passed during
that time? The Republicans in The
Senate and House are holding night
ly caucuses TO agree upon . system
Of Federal control over our ballol
|. boxes, in order that they mar tax.
control Of our elections. and b,
i Republican returning boards, ap'
, pointed by Harrison, have Republi
cans placed in office, instead Of tn
: Democrats who have been electes
: BY the people. Ever since they se
: cured the administration and bot
|. branches Of Congress they hare beef
devising ways and means 70 over
|. turn the southern State government:
/ and put them again In the control 0
: mercenary hoard Of adyentursr
! worse than the locusts asd lice o
J Egypt. 10 pass elth;r Of. thes'
4 bills and inaugurate the sub treasur
! system would be 70 prepare the va
and make the paths straight for Oh
, restoration Of that control. IL woul
bring TO the South o period Of cor
II ruptIon and oppression that By CON
= trast would make the iormer perio
! of reconstruction respectable
: oil the houses provided for By thi
!, bill could be built without cost
: the government and II oil the oificei
! necessary 70 carry il into effect eoul
: be filled with Democrats, and II %
! government had . thousand million
!, Of gold and silver 10 lend 70 d
farmers without inakting the cur
= rency the measure wOuu them
Z full Of evil and destilute Of any CON
!. pensaling good. The throwing int
!. circulation Of q thousand millions {
Il gsld and silver would raise prize
. very greatly, and while the prsduc,
? the farmer had 10 sell would
4 | greatly increased in price, 20 soul
: that which he had TO buy. So thl
' exchanges would be lifted upon
I higher plane, but their relative Walt
+ TO each other would be just the sam