The Helena independent. [volume] (Helena, Mont.) 1875-1943, 1891-11-20
CAPTURED THE FARMERS.
Peoples Party Faction In the Majority
Rock on Which They Split

Peoples Party Faction In the Majority
| Rock on Which They Split.
INDIANAPOLIS Nov. 19.-The net results
of to-day's session Of the farmers orQani-
cations are that the peoples party has cap
tured the alliance, and the alliance has
split on the subtreasury scheme. The doc
ument of the anti-subtreasury mon earn
| estly protests against any action of the su-
preme council that proposes to commit the
farmers alliance and Industrial union to
| the proposition that provision be made BY
federal congress for government loans OF
money to individual citizens upon farm
mortgages as security. or to demand gov
ernment ownership or control of railroad
property and Transportation. These
schemes it declares unconstitutional. i'm
practicable, conflicting with the spirit of
the alliance movement. and tend
Ing instead TO rsInf fro paternas
oppression these measures promise greater
evils being partial to certain classes; in
volving business details too deep for the
average farmer: attendant expense would
make the market price of money higher
and an open avenues for sharpers to trade
upon farmers hard-earned goods and prod
ucts The markets would be overloaded
with produce, putting down the value of
commodities and raising taxation. Ala
bama, Mississippi and Missouri furnished
examples how similar schemes to tue sub
treasury project failed signnlly. The land
loan scheme be.ond promising a low rate
of interest, presents no favorable features
Government ownership of railroads I'M
plies one or two other schemes would fos-
ter political corruption and be an arbitrary
interfer. nee with private rights in many
Senses The executive committee of the
mence the work OF organizing new alli-
ance.
The capture of the alliance by the peo-
ple's party, while practically accomplished |
some days ago was not apparent until to- |
day when President Polk was unanimously |
re elected, j. II. Loucks, Of South Dakota,
was chosen vice. present; j. II. Turner was
reelected secretary and treasurer, and j.
j. Willetts, OF Kansas, national lecturer.
Geo. II. Washburn. of the national execu-
tive committee Of the peoples party, stated
that the leaders of that party were jnhi-
liant over the election of President Polk.
The committee on confederation of various
industrial organizations. at q meeting to-
day.. referred to y subcommittee.
Of Messrs. Terrell, Tauheneok
congress OF all labor and industrial classes
to meet Fob. % next. II was at first de-
cided to hold the congress in Washington.
but the south and west members objected
to the place. The subcommittee was in
structed TO select either indianapolis. Louis
willie, Cincinnati, Chicago or Springfield,
III.
Politics consumed much of the time of
this committee the question at issue being .
whether the way should be left open for the
selection of a national ticket ut the Fehru-
Try meeting, or whether the work done
here should be limited so as to prevent po-
tical action The latter course was finally |
lecided on. i,
At joint meeting tonight OF the nlli- ,
,nce and L. M. B. A. tho third party moves
nont was endorsed amid the widest en-
huHiaam. The L. M. Il. A, elected s. y.
\gauxe, OF Missouri, and j. r. Steele, of
illinois. Secretary.