The Newberry herald and news. (Newberry, S.C.) 1884-1903, 1891-08-06
THE GREAT DEBATE.
Terrell and Ti!iman Had 1t Hot and Heavy
at Spartanburg.

Especial to the News and Courier.l
SPARTANBURG, S. c., July 224.-To-
day the debate between Governor Till
man ard Col Terrell was the great
point Of interest, and reportorial in
quiry for the debate was strictly in
secret. The Alliance people had put
forth extra force to preserve that Sc
crecy. Reporters gathered on the bal
comics in windows of the hotels, and in
the shadows Of the walls Of the Opera
House. 1t was all in vc!l. All that
could be gathered was a word here and
there from the speakers. 1t was, Of
course, especially desired to hear what
Governor Tillman had to say. Alli-
ance men got into the hall, but there
were Non-Alliance men, in crowd
three feet thick and deep, who did not
get into the hall. If there were any
reporters in the hall they were very
few in number and were not known
in that official capacity. Canvassers
who were Alliance men for the reve
nue of this meeting only, were pro-
jected into space. They knew nothing,
could get nothing, and have nothing
that is either news or true.
Governor Tillman, President Stokes
and Col. Terrell went on the stage
through the crowd in the left side pas
sage and were cheered every step of
the way and were cheered again when
stepped Oh the stage.
Col. Terrell, it being "a civil case" "
had the opening and reply. An ar
rangement was promptly made by CIV
ing Col. Terrell half an hour to open,
half, Col. Terrell to close in an hour.
Governor Tillman was also accorded
the privilege of interrupting his oppo-
nent and getting categorical answers
to his interrogatories.
COL. TERRELL
was warmly received, and coming fcr.
ward he said that he deemed it moral
obligation to be here, but one that,
aside from that consideration, gave
him infinite pleasure. He had learned
to know anf appreciate the South
Carolina Alliance men and those who
were not only allied with him organ
ically but in thought and principle.
LApplause.l He had come not only to
teach as best he could, but to be taught,
for mutual enlightenment was the
spirit Of the age. Applause. He was
glad to meet so skillful and able an op-
ponent; but the audience should re-
member that the meeting was for a
single purpose to discuss before the
Order (he would emphasize this eX-
pression) the sub-treasury bill in its
essential features and its principles,
and he knew that the discussion on the
other side would take no wider latitude.
Going into the argument be said that
| the sub-treasury was one of the de-
mands Of the Alliance and as such it
should be respected. He felt and knew
| that neither the Alliance nora any other
popular organization could exist if it
did not ask something that would ben
eft the whole people. He held that
the men Of the st, Louis Convention
were equal in brain and influence to
any delegates that ever attended con-
| vention. That convention was COM
posed of men who in the end repre-
sented the sub-Alliance and therefore
the people.
| GOVERNMENT CONTROL OF TRANSPOR-
TATION
the third demand of the Alliance. He
| held that the constitutional right of
| the Government could not be contro-
verted, and the Alliance was only ask
! ing the Government to carry out the
law. He held that the expenses of the
peoples pockets. He then alluded to
the demand for financial reform, or, as
expressed by the Ocala platform, the
abolition of national banks and the es-
tablishment of sub-treasuries.
The position of Col. Terrell is here
given in his language as follows:
ave demand the abolition of ma
tional banks. By this the Alliance
means banks of issue. We believe the
Government alone has the right to
make money and in the national bank
ing system the Government has dele
gated that power to the banks, without
restriction as to the amount they should
keep in circulation. With the latitude
great abuses have grown up in connec-
ton with them, and the circulation
has been expanded to suit the money
power to the great hurt of the farmers
and laborers of the country. The prop
erty of any country is at the mercy of
those who can control its money, and
believing this to be so the Alliance
rightly demands the abolition Of the
national banks and banks of issue.
COMING TO THE POINT.
Second, We demand that the Gov
eminent shall establish sub-treasuries
or repositories in the several States
which shall loan money direct to the
| people at low rate of interest, not to
exceed per cent per annum on imper-
ishable farm products and also upon
real estate, with proper limitations
upon the quantity Of land and amount
| of money In this demand the Alli-
ance intended to provide for increasing
the circulating medium by advancing
money on land (Which they demand
shall be increased to $50 per capita.
In the advance on farm products the
intention was to give to the circulation
| that feXibility absolutely necessary to
the welfare and protection Of the farm
ers.
Now let us first look at the necessity
of an increase Of the circulation. be-
lieve that shall be able to prove to the
satisfaction CT any fair minded man
that q very great crime has been COM
mitted against the people by contrac-
ton Of our circulation. 1fyou will ex-
anime statistics for the last twenty-five
years you will find that they will prove
three things: First. That the per cap
ta volume Of currency has been con-
stantly and materially lessened; second,
that bankruptcies and failures have
rapidly multiplied in consequence;
third, that the national debt during
this periond has Increased instaud of
being diminished"
He then dealt with the subject of the
cont raction Of the currency and the re-
sultant failures and losses. Speaking
of the plan of relief Col. Terrell said
that the sub-treasury was introduced to
give the people control Of the circula-
ton and the power to prevent discrim-
nation against the producer. He dis
cussed at length the need for more
money and defended cotton as good a
| baeis rs cold bulliOn