The Pickens sentinel. [volume] (Pickens, S.C.) 1871-1903, 1891-08-06

cannot be paid with u check. So the
argument ia misleading. There is but
one billion five hundred million dollars
OF money for the transaction of the
peoples business, about 1922 per capita,
L myself asked in the Senate chamber
how much OF that was in the United
States treasury, and how would that re-
duce the circulation2 One Senator
calculated six hundred million, my es-
innate, about $l6 per capita. l agree
with you, my friend, that there Is some.
thing wrong. An important thing with
physicians Is to find out what is the
matter with a patient, to diagnose the
case. A doctor may treat one case
when he ought to treat another. We
can only judge in general by symptoms.
so, when you find out what Is tho mat
ter, it is easy to apply the remedy. The
Alliance Is treating the wrong organ.
do not announce that all are fools
who favor the sub.treasury, and we all
cannot think alike. We can have a
tolerance of opinion. which is the safest
way OF settling question. 1t is not q
legitimate argument to say because
you oppose me [ am fool. l have
brought an official copy of the bill as
tabnlated.
Mr.. Stokes: We are discussing the
pau uOC GllC Dlll.
Butler: You say that we must dis
cuss the plan, not the bill. How can
get the plan without the bill. l dis
cuss something tangible, not floating
vapor. (Produces bill) l cannot con-
scientiously support the bill. There is
not man In this audience who has not
intultive principles Of home rule and
self-gOVernment. Every man has this.
No man would submit to his private
affairs being troubled. Communities,
municipalities, counties are governed
by it. No county would tolerate dis
turbance of its affairs by outside
agencies. A step further, this applies
to the State as well. The Federal Gov
ernment is supreme, but it cannot, dare
not, dictate to 4 State Government.
This bill then is opposed to this princi-
pie. This advocates the perpet1ity of
paternal government.
He first discussed the ware house
system. Every county must be able to
deposit productions to value not less
than $5OOOOO. Every county would
not get ware house. Newberry, your
own county, could not get in. Horny,
Pickens, Barnwell, Beaufort, George.
town and Lexington would not be on
the list. like to meet u fair man like
MIR. Stokes, and l have the thing he de.
mands-a remedy also.
Senator Butler then read the bill
through. In the section where it pro-
vides for manager to take charge of
the sub-treasury he commented as fol-
lows:
Do you know who would be chosen
In the present state of affairs? A Re
publican would be selected as manager
l know Edgefield's man. A mulatto
would probably govern tyrannically
your sub-treasury here.
Voice: Go ahead, General.
ln Section it gives the manager the
right to grade prOducts-he alone the
final arbiter. What chance would a
poor man or a rich man either have un-
der such circumstances? The grade of
cotton and corn would come down to
nothing. Where would you be with 80
per cent OF your products value in your
pocket?
Talk to me about tlexibility of cur
rency. When do we want money most ?
Is it not in the spring? According to
this the money shall 60 back to the
treasury at the very time it is most
needed.
In Section II it IS provided that
$5O, 900, 900 be appropriated to carry out
the provisions of the Act. Is it for
building ware hOusesp Some say that
the Government should issue money
directly to the people. But the Consti-
tuition is in the way. Money cannot be
issued unless by appropriation by Con-
gress, and that provision was put there
by the wisdom and sagacity of the
farmers to protect the people against
dishonest officers; to protect them
NIyhn ~
The sub.treasury bill would not stand
ten minutes under the Supreme Court.
State Senator Keitt: Was the New
Orleans Exposition appropriation made
in this way?
Senator Butler: 1t was appropriated
by the general welfare clause or the
blanket clause Of the Constitution,
Congress has q definite specific power
and can appropriate for any national
affair. There have been, however, APP
propriatiOns especially for suffering
humanity's benefit, for cases of distress.
The Secretary of War cannot lend u
tent or Il gun, the Secretary Of the Navy
must hold his peace unless authorized
by Congress. Yet this bill wants to
lend money direct to the people.
This same objection Of the uncer-
tainty OF the amount of the appropria-
tIon Is against the IOrC6 Dill. n OF.
withstanding Mr.. Stokes's statement to
the contrary, Mr.. Calhoun never con-
templated lending money direct to the
people. The treasury is not bank,
but IS for managing the Government
disbursements. | want TO borrow
money from you at 2 per cent. We
have losses and all such losses will be
made up by taxation. Yet this Is what
you wish.
Mr.. Stokes: 1t does not give special
privileges to farmers. There's the fault.
1t ought to.
We have among us three classes of
men: First, the man who neither bor-
rows nor loans money; second, he who
lends money and lives on the interest,
(and he has a right to do this0 third,
the borrowing class. NOW, don't call
a man who lends money a rascal, for
it Is his right. Class three can be sub.
divided rs follows: First, one who Dor.
rows and returns what he borr0ws;
second. one who borrows and by un.
fortunate circumstances cannot pay
his debt; third. one who borrows at
any price, and never intends to pay 1t
back. This last class is the one who
wants to borrow at z per cent, Seven