The Newberry herald and news. (Newberry, S.C.) 1884-1903, 1891-08-20
NEWS FROM PROSPERITY.
An Accident on the Railroad Track
union Of Company G, 18th Regiment
Senator Keitt's Speech.
rsnecial TO The Herald and News

to hold his mule Wnile lHe ua4iS niol
ing freight train passed him on the Z.
and G.. road. The mule became fright
ened and threw bin down ana the
buggy ran over the back OF his head,
intiicting a painful but not serious
wound. Miss Lille Nerts was III the
buggy with Mr.. Sheeley at the time
and was thrown on the railroad track,
and it was with quite ~ eXertlon thaI
she succeeded in getting ofi the track
before the train reached her.
Mr.. $. S. Birge has returned from
Harris Lithia Springs. Dick looks
much improved from lis trip.
Miss Genie Sullivan, Of Grecnvi.!e,
and Miss Afilwee, of Due West, are the
guests Of Col. H. G. Moseley.
Capt. Gibson and wife are or Tor
three weeks vacation. Capt. Gibson
will spend his vacation in the noun
tains.
TIE reunion of Company &c." 18th
Regiment, Oh the 26th of August,
promises to be q pleasant occasion for
the old veterans. Gen. Samuel Nc
Gowan of Abbeville, Col. l: II; HunC
of New York, and Maj. David Il. DUN,
can of Spartanburg, have been invited
to deliver speeches on that day. MAJ.
D. r. Duncan has replied to the lnIl-
tation and signified his Willingness 10
be present and deliver Il speech. Inc
survivors of Company G will meet III
town in the morning of August 70, ana
90 in a body to Young's Grove for the
Speaking and dinner. The committee
Of ARRANGEMENTS requests that We state
that the public is cordially invited. Mr..
Mills will furnish barbecue on that
day, and he has reduced the price OF
dinner to 35 cents for men and - cents
| for ladies. Let all come.
Mr.. Kemper D. Lake has resigned as
railroad agent at this place. Mr.. Lake
| has accented a better offer in Atlanta,
Ga. Mr.. Lake made the best agent
that Prosperity ever had, and it is with
regret that the people Of our little iowa
give him up. We hope the change Will
prove to be of great advantage 10
him.
Mr.. D. NJ. Langford has been ap-
pointed agent to succeed MIR. Lake.
SENATOR KEETr's SPEECH.
Senator Joseph l.. keitt made a
speech in favor of the sub-treasury
plan at Mr.. S. H. Fellers' barbecue, on
the llth instant. The following is d
synopsis of his speech:
The capitalists have falsely educated
the people to believe that silver ana
gold are the only true monies. Such Is
not the case. Greenbacks is a better
money than gold or silver. We need
more oreenbacks and we will become a
prosperous people. When we bad S5O
per CAPITA we realized 80 cents pound
for cotton. Now we have only s. per
capita and we get only SIX or seven
cents a pound for cotton.
Question-N1r. Keitt, don't supply
and demand have something to dowlth
it?
Answer-Contraction of the curren,
CIV has something to do with it.
Question-Will you kindly explain
why we realized thirty cents a pound
for cotton when we had four million
bale crop, and seven cents when we
have an eight million bale crop?
Answer-I will admit that supply
and demand have something to do
with it, but you must remember that,
as the currency contracted, cotton went
down, and such has been the case 1or
the past twenty-five years. Suppose
VIC raised 10000 bales Of cotton IN New
berry County and we had $4,000 to
pay for the 10000 bales with, you see
we could get only 80 cents per bale.
Surely any sensible man can under
stand that comparison. Suppose eight
million bales be raised, or suppose the
demand be eight million and 10 cents
the price of cotton. The factories buy
enough cotton at 10 cents to run on un-
til January. Then the speculator steps
in. The banks at the North say to the
banks South, you must pay your note
Banks South say to merchants. you
must pay your note. The merchants
say to the farmers bring in your cotton
and pay up. Then the price of cotton
is reduced to S cents pound by the
specu]ator. If we had warehouses fol
the racmers, and the farmers coulo
make loan from the government al
two per cent. we could abolish the spec
ulator and sell directly to the factorle:
at ter cents pound.
THE NATIONAL BANKS.
Senator Butler at Prosperity evadet
the questions I asked him about tn
National Banks. He Senator Butler
did not like the word "lien," but pre-
ferred the word "taX." | say the gov
ernment does loan the national bank
money at one per cent, and the bank
charge the people from Is to ~ pc
cent. for money.
! If the banks have a right to circula
ton of money based on their bonds
the farmers have right to circulation
based on non-perishable products. l
the merchants had been patriotic, the
would have advocated the sub-treasur
plan long ago and would have take
the farmer by the hand and asked hir
to help them work out the plan. Ru
the merchant is under the banker, an
is afraid to do anything to displeas
him. Merchants, the time has com
when YOU must decide where you vi
, stand! Will you 60 with the people
=. will you 90 with the moneyed power
,, and help to crush out the farmers?
GOING FOR SENATOR BUTLER.
Senator Butler was dealing unfairl
: Win the people vi luopeli!y "Aen .
q discussed the dead bill presented b
:, Mr.. Vance in Congress, and be kne
j. it. (Put it down. want it to 60
h the papers.) Senator Butler is again
US. He (Senator Butler) has fought II
l. demands of the Alliance and is oppose
J. TO the farmers borrowing money at tN
!. per cent. from the government. He
l. in favor of the National Banks.
e. DECLARES HIMSELF A THIRD PART
Is MAN.
Question-What about the IhlI
= party:
!. Answer-As an Allianceman?
y Question-No, as citizen.
"a Answer-I am free man. l hay
: ~ the right to do as | please, and as
l. Allianceman l will stand by the q
i. mands Of the Alliance. If the Dem
E. cratic party will not concede the
" demands, l will go where we can
s. them satisfied. [Applause.
The only applause Senator Neltt
G: u.:,oj ,,.,.. w hon he 6erlo rod his inf g