The Austin weekly statesman. (Austin, Tex.) 1883-1898, 1891-08-06

there he had given his closest atten-
ton to other Wei9hty matters of state.
, Everybody knew what he had done
in the commission matter and other
matters, too. He would be heard
from further on the alien land law, II
Travis county should ever feel called
on to take any action in regard to it,.
He thought the agitation over this
law somewhat premature. The law
is defective in many ways, but its IN
tent, to put a stop to foreign landlord
ism in free America, was good and
would ever have his support.
The chairman had the call for the
meeting read, showing its object to
be the discussion of the alien land
law.
After repeated calls from all sides
FRANK G. MORRIS
i addressed the meeting, and SAD ne
thought the law could be amended so
as to eliminate the obnoxious features
and yet not vitiate the object evil
IDENTIFY aimed at by its friends. While
he did not oppose the law in its en-
thrifty, he looked upon it as unwise
and hasty legislation, which could be
much improved on and which GER
tainly ought to- He opposed the pre-
cipitati0n of convention as prema-
ture.
MIR. WALTER TIPS
gave an illustration of how the law
affected some Of his own interests.
He, with others, bought several years
ago some land in Hays county and
sold it ON time to farmers, and from
friends on the other side of the water
he obtained loan of 900 with the
lien notes as security. Under the
alien land law this is no security at all
and he must return the money, and to
do that he must force collections from
the farmers who had bought from
him. He hoped that the law might be
amended and perfected. His remarks
were delivered with a quick and bus
siness like manner and were greeted
with applause.
Mr.. Terrell suggested the propriety
of committee to take the matter in
hand and push it in proper quarters.
Mr.. Woodbridge stated that the law
under discussion was good and patri-
otto in it's intent but til 1T portion pro-
hibiting the lending Of foreign capital
on the security of Texas lands, and
he moved that it be declared the
sense of the meeting that the provis-
ion in question is iniudicious, and
should be amended or eliminated.
COL. w. p. GAINES
declared himself opposed to the alien
land law and stated that it tended to
drive away cheap money, to shut OIL
the money needed to build up cotton
mills, wooden mills, iron furnances,
etc. In the main, political demagogy,
ignorance and prejudice are RESPONSE
bic for the existence OF the alien
land law. The same spirit which has
sustained the high tariff system
which has sucked the life blood of
this country already is responsible
for the alien land law. He did not
fear the growth of system of such
landlordism here.
Mr.. TerrelTS fears were unfounueu.
America would never tolerate any
thing of that kind. Americans would
remove burden of that kind by war
if necessary. His observation went to
show that foreign creditors are more
lenient than home loan companies
! He knew this from personal expert
: ence. Everything else belonging tc
! American capitalists has been pro,
. tected, and now the idea is to protect
his money, too. He did not want to
see any precipitate action taken. Any
move made should be made by the
whole state, and he approved the
plan shown by Mr.. Woodbridge
in his remarks. (Cheers.) He then
moved as substitute for the
pending motion that the board OF
trade be requested to correspond with
other boards of the state and request
: cooperation.
, MIR. w. F. NORTH
thought the meeting was hardly pre-
pared to 90 into the making OF reso,
buttons. Hewas opposed to the senti-
ment of the alien land law. If the
, sentiment of that law had prevailed
from the first the Indian would be
still hunting the buffalo over IeXas'
He did not think the people were ripe
forany action on the matter before
the present meeting. He thought the
public needed education on the alien
land law question, and referred to
Judge Terrell's confession ofrecent IN
yestioatiOn of the subject in manner
which brought out a storm OF ap-
plauses. He intimated that they
would make themselves make move
when they had suffered in their
pockets from the law. He favored
duiesence. 1t would be but a short
time until it should begin to crowd
close against the mechanic and the
farmer and he thought the best way
to do would be to adjourn and do
nothing.
Mr.. Woodbridge stated that the peo-
pie present were well prepared to eX-
press themselves rs to the provision
of the law which throws distractions
around the safe loaning Of foreign cap
ital in Texas. 81 don't want to be one
of the last to express myself on this
NATTER he said, 81 don't want to
wait until the poor farmer and me-
chanic cry out in distress before l
speak. want to point out to them
the dangers and l want my motion
put. | want a vote taken ON it, that
it is our sentiment the Instructions
this law throws about the safe in