Bismarck weekly tribune. [volume] (Bismarck, Dakota [N.D.]) 1884-1943, 1890-06-06
The New Senator Expresses Himself
On the Sub Treasury
Plan.
It Would Lead to the Extortion of
EXorbitant Prices by Unscrupu-
lous Spectators
And Would Prove Injurious Instead
of Beneficial to the
Farmers.
The President Sends O Letter to
Congress Relative to Customs
Regulations.
Sub-Treasuries Discussed,

Sub-Treasuries Discussed.
WASHINGTON, May 31.-To B. F. How
ard, of Tuskegee, Ala, Senator Carlisle
has written a letter in response to How
ards request for the senator's views upon
the bill providing for a system of gov
eminent warehouses for farm products,
upon which products treasury notes may
be issued. The senator, after rehearsing
the features of the proposed sub-treasury
plan, and noting the facts that the far
mers themselves will pay more than
their fair share of the cost of erecting
the warehouses, and that the officers
connected 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 not more than one-third of
them could possibly avail themselves of
this plan if it were adopted, for the bill
provides that a county, in order to &C.
cure a warehouse, must produce and sell
annually farm products valued at $780,
600 annually. Moreover it is a plan to
enable INSCRIPTIONS spectators to take
advantage of the farmers pecuniary ne
cessities and extort exorbitant prices for
food from the people who reside in the
cities, towns and villages and from peo-
pie who reside in the country, but do
not own these particular agricultural
products. It is evident that no farmer
will subject himself to the labor and ex-
pense of transporting his products to
public warehouses and to all 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,
in which event how can he redeem his
product. In the great majority of cases
he will never be able to redeem them,
but will be forced to lose the remaining
twenty per cent. of value of his products,
or sell his warehouse receipts for what
ever he can get for them, which will be
very little; for it must be remembered
that after he gets his warehouse receipts
he has a remaining interest of only
twenty per cent, less charges FOR in
terest, storage, ETC., and this is all he can
dispose of. He will find the time rap
idly approaching when he must have
money to redeem his products, or sell
his remaining interest in them, or allow
them to be sold at public
auction by the government;
and this will be the golden opportunity
of spectators, whose agents will swarm
all over the country, ready to take the
warehouse receipts from embarrassed
owners for a merely nominal sum. The
receipt is simply a privilege. of redemp-
ton like the pawnbroker's ticket. and the
farmer, being himself unable to redeem,
will be forced ultimately to dispose of it
at any price offered. I do not think that
any considerable number of intelligent
people in this country will unite in ask
ing the government to establish a system
which will compel them, in a large num-
Der of cases, to sacrifice the products of
their labor" Senator Carlisle g at
some length to show that the plan pro-
posed would produce an annual expan-
sion and contraction of currency which
would result in absolutely destroying the
market upon which the farmer must de-
pend for the sale of his crops and that
the cotton farmers who are supporting
the scheme would be the special suffer-
ers because the plan, in Wright's estima-
ton, would close every cotton factory in
the country. In conclusion Senator Car
Isle says: II have thus given you as
briefly as the nature of the subject would
permit some of the reasons why I think
the proposed plan for the relief of the
farmers would be injurious instead of
beneficial not only to them but
to all other people of the country.
But it would be uncandid not to say dis
tinctly before closing this communication
that Q if it could be conclusively
shown that this, or any other similar
scheme would be peculiarly beneficial to
any particular class of our people, I
would still be unalterably opposed to it's
adoption because, in my opinion it would
be but another wide and dangerous de-
parture from principals upon which our
political institutions are founded. It
| would be, in fact, the longest step yet
taken in time Of piece towards the son
solidation of power in the hands Of the
federal government and subsection of the
private affairs of the people to the super,
! vision and control of central and ire
sponsible authority. You and I are DEM
ocrats, and as such we believe that the
government should scrupulously abstain
from all unnecessary interference with
the personal and domestic concerns of
its citizens and confne itself strictly to
the administration Of purely public at
fairs. r gm4 .Ia
Pan-Amerjcan Customs Regulations.
WASHINGTON, June 2.-The president
to-day sent to congress a letter of the
secretary Of state relative to the recon-
mendatlons of the recent Pan-American
conference on the subject of customs
regulations. The president, in transmit