The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1891-10-30
1.RAnERs WHO MIsLEAp.
An Extract From Hon. Geo. L. Doug
lass Speech in East Park.

tended and enthusiastic, as was noticed
Yesterday morning. Some of the points
made by Geo. L. Douglass are worthy
of presentation, and we hope every
farmer reader of the weekly EAGLE viii
give the following extracts OF that speech
the attention which we deem them
worthy.
1.-THE coming election will determine
whether this state is to stand By the time
honored principles of the Republican
party, or range itself under the leaden-
hued banner of calamity. Let no man
deceive himself The Democratic party is
in a hopeless minority in Kansas and the
contest today is between the Republican
party and the Alliance party. The real
issue is Republican ascendeney or ALI
ance ascendency-the preservation OF the
crrdit and good name of the state or their
destruction; and the question confront
ing you as patriotic citizens Is
whether to uphold the party or Lincoln
and Grant and Harrison and Blaine, with
it's glorious past and magnificent present,
or to follow after PETER and Simpson who,
in twelve months time, have done more to
blast the credit and reputation of Kansas
than all the hot winds that ever blew.
never question the honesty OF the rank
and file of the Peoples party; my COM
ers who are qualified only to mlslead.
Take one illustration from their county
platform, for instance:
1t demands that the government shall
90 into the business of lending money on
land and on farm products; and gives as
reason why this should be done that il
would be only "a further extension of gov
eminent loans on whisky IN bonded ware
houses"
Now, if the government ever lends dol
lar on whisky, am in favor of its lending
money on everything the farmer can raise.
But the leaders who got up that platform
either didn't know what they were talk
ing about or they are guilty of wllful false
hood The internal revenue law provides
that when man makes whisky and builds
his own warehouse and surrendeTs all
charge of it to a government officer, he can
store his whisky in it for time and then
take it out and pay 80 cents tax on every
gallon; and this is the sum total OF the
whisky bonded NEUTRALITY-SUSPICIOUS. e s S.
There is no loan about 1t, in any way, shape
or form; yet these people who are trying TO
mislead the honest farmers of this country
bolster up their demands for government
loans on land and grain by the gross and
reckless misstatement that the govern
ment lends money on whisky!
Just look at one of these land loan
schemes for a moment. l hold In my
hands copy of bill prepared and pub
lished some time ago by Hon. John Davis
of Junction City, one of the Alliance men
whom we have sent to congress to repre-
sent the intelligence and common sense or
Kansas As understand it, when they
get to Washington, Jerry Simpson is to
do the funny part and Davis and Otis will
write the bills. Here is what this Alliance
financier, Davis, proposes to do about land
loans:
l. After certain date every mortgage
creditor who wants his money shall be re-
uuired to proceed to the register of
deeds office and procure a correct alb
stract of the title to the land"
2. He shall then proceed to the county
treasurer's Office" and file it,
8. ION presentation of said certified alb
stract it will be the duty of the |
county treasurer to issue a
draft for the amount of the mortgage debt, |
including interest and official fees to date, |
on the treasurer of the United States.
The amount of the draft shall be |
charged up against the said estate creating |
a lawful lien on the same. The debtor |
shall be allowed twenty years time on the |
debt by paying interest promptly at the /
rate of per cent. per annum," and
1.-The record Of the mortgage shall be |
marked settled by the United States gov
eminent"
l. This system is to continue until the |
money circulation reaches $50 per capita; |
after which debts can be collected in the |
old wayl
s. Legal tender paper money is to be |
issued to do the business.
There are few other minor provisions; |
but there isn't even word in the whole |
bill to limit the amount to be paid to any |
one person. Even in the Argentine Con- |
federation, where II. like experiment was |
tried and resulted in widespread ruin, |
Iorrf !,
Alliance scheme a $4,000 mortgage on a |
$500 farm must be paid by draft" on the |
United States treasury as promptly as a |
$500 mortgage on "A 1000 farml The size |
of he draft is limited only by the size OF |
the debt!
Is there a sane man anywhere who does |
not know that such proposition is too |
like waste of time to discuss such a /
scheme? Isn't it on par, in the matter 1
of intelligence and common sense, with |
the allegations regarding government /
loans on whisky? Yet it is put forth by |
one of the great leaders of this party who |
is considered qualified to go To congress |
and earn 5000 yearl Is there Il man |
here who believes SUCH leaders are fit to |
lead anybody? Is there man here who |
for one day longer Will consent TO be lea |
by such men?
Then look at the sub-treasury scheme. I
According to the bill prepared by the COM
mittee of the National Farmers Alliance
the government is to build elevators and |
warehouses all over the country for the
storage of farm products; and before we
90 any further let's see what these ele-
vatOrs would cost. The bill appropriates
$50 COG, 900; but 1t is easy TO see that that
sum would be only drop in the bucket
The ordinary cost for building elevators is
20 cents for each bushel of storage capac-
nd will nd hat I
elevators to store the wheat, oats and
corn of Sedgwick county alone, for 1889.
would cost g, l26 coo; and TO hold the same
crops in this state alone 81, 900, 900; aud
what would they cost In forty-three other
states?
But, supposing them actually built &C
cording TO this bill, the farmer IS then 70
bring in his grain and get an 50 per cent.
government loan on it and negotiable
Certificate" showing his ownership. He |
can then redeem the grain within year
by surrendering the certificate and repay
ing the loan with interest and warehouse
If not redeemed in a year the
government sells the grain. II the price
falls below the 50 per cent. which
would often happen in event Of
large crops in other parts OF the
world-the government holds the bag and
stands the loss; and Uncle Sam" becomes
a partner 10 the grain business, not for the
purpose of profit. but for the purpose Of
dividing losses only!
II the price rises the chances are ten 20
one the Spectators would get the profit:
for. If you stop and think moment, you
will see that this warehouse project IS the
most gigantic scheme ever devised 10 IA
ciltate speculation IN grain One great
complaint now IS that certain spectators,
in Chicago. By system Of buying and sell
ing on margins can sometimes influence
the grain markets OF the world
Yet hers IS scheme which. in
stead OF sappreSsing this evil, actually