The Newberry herald and news. (Newberry, S.C.) 1884-1903, 1891-08-20
NEWS FROM PROSPERITY.
An Accident on the Railroad TracK-i'e-
un;oa OF Company G, 18th Regiment
Senator Kcitt's Speech.
rc,,,.;,I IN The Herald and News.

L
70 hold his mule while the daily mora
ing freight train passed him on the Z.
and &. road. The mule became fright
ened and threw him down ana the
buggy ran over the back OF his heao,
intlicting 4 painful but not serious
wound. Miss Lille Nerts was III the
! uprv with Mr.. Shelley at the time
and was thrown on the railroad track,
and it was with quite an eXertlon that
she succeeded in getting OFT the track
before the train reached her.
Mr.. S. S. Dirge has returned from
Harris Lithia Sprin, DICK looks
much improved from his trip.
Miss Genie Sullivan, Of Greenville,
and Miss Milwee, Of Due West, are the
quests of Col. H. G.. Moseley.
Can't. Gibson and wife are Gil Ior
three weeks vacation. Capt. Gibson
will spend his vacation in the noun
tains.
The reunion of Company "Ui,' 18th
Regiment, on the 26th Of August,
promises to be a pleasant occasion tor
:: i old veterans. Gen. Samuei NC
Gowan of Abbeville, Col. l. II. Hunt
of New York, and Maj. David r. Dun
can of Spartanbury, have been invited
to deliver speeches on that day. Maj.
u. r. Duncan has replied to the lnIi-
tation and signified lis willingness to
be present and deliver a speech. The
survivors of Company G will meet in
town in the morning Of August 26, ana
90 in 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 agen: at this place. Mr.. Lake
has accepted a better offer in Atlanta,
Ga. Mr.. Lake made the best agent
that Prosperity ever had, and 1t is with
regret that the people Of our little town
give him up. We hope the change will
prove to be OF great advantage to
him.
Mr.. D. NJ. Langford has been ap-
pointed agent to succeed H1r. Lake.
SENATOR KE1Tr's SPEECH.
Senator Joseph L. Keitt made a
speech in favor of the sub-treasury
plan at Mr.. S. H. Fellers' barbecue, on
the 11th instant. The following is a
synopsis Of his speech: ,
The capitalists have falsely educated
the people to believe that silver ana
cold are the only true monies. Such is
not the case. Greenbacks is better
money than gold or silver. We need
more ereenbacks and we will become a
prosperous people. When we had S5O
per capita we realized 80 cents pound
for cotton. Now we have only So per
capita and we get only six or seven
cents pound for cotton.
Ouestion-Mr. Keitt, dcI't supply
and demand have something to doWlth
it?
Answer-Contraction of the curren-
cy has something to do with it.
Question-Will you kindly explain
why we realized thirty cents 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 for
the past twenty-five years. Suppose
we raised 600 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 a pound by the
speculator. Ii we had warehouses for
the farmers, and the farmers could
make loan from the government at
two per cent. we could abolish the spec
ulator and sell directly to the factories
at ten cents pound.
THE NATIONAL BANKS.
Senator Butler at Prosperity evaded
the questions I asked him about the
National Banks. He Senator Butler)
did not like the word "lien," but pre-
ferred the word "tax" I say the gov
ernment does loan the national banks
money at one per cent, and the banks
charge the people from Is to ~ per
cent. for money.
If the banks have right to circula-
ton of money based on their bonds,
the farmers have right to circulation
based on non-perishable products. If
the merchants had been patriotic, they
would have advocated the sub-trcasury
plan long ago and would have taken
the farmer by the hand and asked him
to help them work out the plan. But
the merchant is under the banker, and
is afraid to do anything to displease
him. Merchants, the time has come
when you must decide where you will
stand! Will you 90 with the people or
will YOU 90 with the moneyed powers
1Ill AClp w VI OoA O0S lAC le+l 1ASAS'
GOING FOR SENATOR BUTLER.
Senator Butler was dealing unfairly
with the people of Prosperity when be
discussed the dead bill presented by
Mr.. Vance in Congress, and he knew
it. (Put it down. / want it to 60 to
the papers.) Senator Butler is against
US. He Senator Butler) has fought the
demands Of the Alliance and is opposed
to the farmers borrowing money at two
per cent. from the government. He is
in favor of the National Banks.
DECLARES HIMSELF A THIRD PARTY
Man.
Question-What about the Third
party?
Answer-As an Allianceman?
Question--No, as citizen.
nswer-I am a free man. I have
the right to do as please, and as al
Ailianceman I will s;aud by the Ge
mands of the Alliance. # the Demo
cratic party will not concede these
demands, l will 60 where we can gel
them satisfied. Applause.
The only applause Senator keitt re-
lo al Sc ,Fon