The farmers' union. (Memphis, Mo.) 1891-1895, 1891-07-23
THE PEOPLES CONVENTION

formers of the south. especially of
Texas, are jubilant over tho Cincinnati
convention. It proved that the day
star of human liberty was permanently
in the horizon. 1t at once has changed
the whole plans of the oldtime party
bosses, in fact it has driven them into
the position of endorsement or at least
advocacy of doctrines so far from what
they espoused even few weeks since,
that the reading world knows them not
by what they are saying. The demo-
cratic politicians are holding frequent
meetings in this state. Their sole OBJ
iect now is to head off the new party
if possible. To do this they openly ad-
nit that they must incorporate into
their platform monetary reform.
They are working on the same plan in
the south that the republicans work
on in the north. Anything to prevent
Or retard the new party movement.
| They seem to have entirely lost sight
of the republican party. They have
no fears only for the peoples party.
| The press and hackers of democracy in
this country bank on the worn-out de
lusion that there is only room for two
parties, that there is no room for the
third party. They forget, or try to,
that the peoples party is one, and as to
the others that is for them to settle.
If there is only room for two parties
and they believe it, they might as well
arrange their affairs so rs to recognize
the peoples party as one of the two.
| scarcely believe that those who at
| tended that convention and returned
| to their homes, have any conception of
the effects it has had on American pol.
itics. 1t looks as though the whole
south would be in line by the time the
campaign opens in 1892. If no MS
| takes are N ,de it surely will be.
| The Dallas NeWs, a representative
southern democratic paper, in a
| lengthy editorial on the prospects of
the final strike for justice, among other
| things says:
1T would be premature to speculate
as to the precise consequences of the
apparition of this new party. Doubt
less it has come to stay, and it has a
fate-like glance in relation to political
events in 1892. The forces capitalized
in the peoples party may meet with
defeat in its first campaign, but they
will not relax or dissolve. 1t is the
nature of such forces to accumulate
with resistance, and to gain fresh i'm
petus for renewed onset after every
batfied effort. 1t is important, then,
in view of the possibility, if not proba-
bilitv, of the ultimate success of this
party, to understand that the money
question is its main issue
| This oy,raccnc IN rJ1tc chan MI hot
they think of the party, and what the
real issue is. In order to make it easy
for the Tribune readers to understand
why the people of this country are
moving in this matter faster than in
many states of the north. they must
know that this is the most wonder
fully productive country in the Union,
and vet at the bankers annual conclave
end wine feast held at Austin few
days ago, they proclaimed that in Texas
there was only - per capita in circula-
ton. Does anyone wonder that fight
for an increase in the circulating med
ium is necessary, and that the people
in their condition are not ready to hear
on this topic?
/ was talking with gentleman the
other day who is merchant and a
banker, quoted worth 1925 900, and he
said he could not loan any man money
on any security whatever; that no
banker in the state could command
money on which to carry on their bus
mess. And 50 it is all over the south.
No money to loan-none in the pock-
cts of the masses-everything Is done
on credit The farmers buy on time
and pay fully 30 per cent. more for
goods than the cash price. The ef-
fects of this are readily understood.
The politicians. of course, see the
drift of the tide, and are busy formu-
lating some scheme that will permit
them to retain their place in public
office They are promising anything,
everything, any time, anywhere to
anybody. They forget that Ingalls,, of
Kansas, did the same thing. The more
he promised. the deeper the people
plunged the knife into him.
The leaders of the democratic and
republican parties have all along de-
MED the need of financial reform. The
people have forced the issue, and they
must settle it, on the Ingalls, plan. Ex-
Lieut.. Gov. Gibbs is alarmed, and is
putting in his time organizing demo-
cratic clubs over the state. In speech
last evening, he tried to console his
anxious followers, but related the fol-
lowing rather correct truth, so far as
the grease spot goes:
There is no danger from third
party if we do our duty; but there
won't be enough left of the democratic
! party to make grease spot, if we sit
down and swear everything is lovely
: We have run in the same groove until
the cogs hitch and don't work plumb.
If he wants to get out Of the groove
he must do as the republicans do in
: the north-get out of the old party
Gov. Gibbs is trying to get the dem
ocratic party to adopt plan differing
but little from the sub-treasury plan
endorsed at Cincinnati, in order te
avert the danger" of the third party
We all catch on! With Cleveland and
Wall street in the lead for them, and
Harrison or Blaine and Wall street
= leading the republicans, and the people
thoroughly aroused and forcing the
, only issue that will secure relief, the
corporate powers of the earth cannot
marshal force enough to stay the on
l ward march of the sons of toll, who
have borne about all they can an6
l will.
The issues are grand: the confess
will be fierce and probably turbulent
but the victory will be glorious.
On! On! Now, or never.-U. II
6 Sanders, Correspondence to Iort
: | Tribune.
Bc Watchful and BE Wise.