The morning news. [volume] (Savannah, Ga.) 1887-1900, 1891-08-20
Discounted stookholders.


The trustee stockholders Of the alliance
exchange at Atlanta, at their meeting on last
Tuesday morning, adopted a resolution de-
nouucing the MORNING News. This was
rather curious proceeding on their par l.
What is their grievance against the MORN
ING NEwsa Is it that the MORNING NEWS
published the shortage IN the accounts Oh
the business agent Of the exchange "el'
it is a fact. is it not that ex- Business Agent
Wynne appropriated over S2O,OOO OF the
funds of the exchanged Did the stockhold'
ers hone TO keep the shortage from the pub
licl II not what is the ground oil tnelr COM
plant against the MORNING NEWsf
Have not the farmers who are members
Of the alliance right to know OF the wrong
doing of alliance officialsi Can it be that
the stockholders want TO hush up such mat
terri 1t looks that way.
And there is an impression that the ex-
business agent will not be prosecuted. If
| he isn't his bondsnen. it is understood, will
not pay the 5000 which be appropriated
t. his own use, and the exchange will have
TO lose the money. But why should he not
be prosecutedl That is a fair question, is it
notl And it is a question in which alliance
men are interested.
Perhaps the stockholders are agrieved at
the publication of the statement of NJ. w.
Davis that Col. Peek. president of the
board Of directors Of the exchange, bought
goods for the experimental farm while a
director of the farm, under such circum-
stances as to make profit for himself on
them. Col. Peek says the statement is not
true. The MORNING News gave Mr.. Davis
statement and also the statement Of Col.
Peek. Was not the treatment of Col. Peek
fair What more could the stockholders
ASH? at.-
The MORNING NEWS has always treated
the alliance fairly. 1t has taken the posi-
ton that the great body Of alliancemen are
sincere. But it does not approve some of
the alliance demands. 1t has said frankly
that the Democratic party would never
indorse the sub-treasury plan, nor the
government ownership of the telegraph
lines and the railways, but it has not
questioned the right of the alliance to de-
mand these things. 1t believes that thoss
ailiancetnen who favor them will eventually
aubulb buo1 ulhue q uuiStnhe III uouuanuluB
them.
But alliancemen who are in the ranks are
not finding fault with the MORNING NEWS
for differing with them with respect TO
some Of the alliance demands nor for pub
fishing the wrong-doing of alliance officials.
They want to know the truth. They are
not anxious to have the shortcomings of
their officials hidden from public view.
Officers Of the alliance who have betrayed
their trust or who hope to use the alliance to
accomplish personal ends are about the only
ones who are concerned in hiding the truth
from the farmers. Against such men the
MORNING NEWS has frequently warned the
farmers. And if they are wise they will
heed the warning.
But why the stockholders Of the Atlanta
exchange should find fault with the MORN
ING NEWS is not easy to understand Per-
haps they were led to do so by some one
whose motives they did not fully under
stand. They can rest assured that the
MORNING NEWS isn't going to do them or
the alliance any injustice Intentionally. 1t
is going to publish the truth. however, if it
can get hold of it, even though some high
alliance officials should be hurt by it. And
in doing so the MORNING News will be sus-
tanned by right thinking alliancemen