The Manning times. [volume] (Manning, Clarendon County, S.C.) 1884-current, 1891-09-16

plan, he said, recognizes this fact that
labor j., the true unit of value. This
will give us currency which will al
ways answer the demand and We shall
have neither contraction Tor intla.
ton
Senator Butler SAYS he don't want
warehouses Then he ought to give Us
the benefit Of his suggestions by amend
Ing the bill We can use warehouses
already erected and need not build a
single one. Select Il warehouse in each
district for the storage of your pro-
ducts and have the manager selected
and bonded. You need not spend q
dollar. Now let Senator Butler show
that don't suit and We will try until be
is satisfied. The SenatOr says the
money would 60 back into the Treasury
at the time when it WAS most needed
He allowed only six months that the
products could remain in the ware.
house instead Of twelve. He falls into
the error of Supposing that we would
take our stock out the same day We put
it in. They say. too, that it viii give
spectators Z chance to control The crop
1t will destroy speculation and give
every man an equal chance. Mr.. Wat.
son closed his speech with magnifi-
cent peroration, and his hopeful elo
qusnce carried his audience by storm.
SENATOR BUTLER
was then introduced by the chairman
and was greeted with loud cheers. He
spoke substantially as follows:
Mr.. Chairman and Fellow Citizens
My friend reproached me for not dis
cussing the esub-treasury bill AZ Prosper.
ity. | was invited to discuss the plan
upon its merits. The bill being the
only plan l had seen or heard OF | ven
tured to discuss it. | have been de.
famed and derided because exercised
the right of on American citizen to dis
cuSS any measure presented to the peo-
pie. The bill was introduced and every
where hailed as the coDSumation of all
the wisdom of American statesmen
Yet SEEM to have committed a crime
when | ventured TO discuss it without
the consent of the bosses who are try
ing TO dominate all who do not
agree with them. The charge that !
said that those who wantsd to borrow
money at per cent. never intended to
pay it is false; so too is the statement
that ! saiu that no man ought to Dor
row for less than Z per cent. l have
stood by the side of too many people OF
the State, in the times when their souls
were tried, to say that 10000 OF them
are Scoundreis, and brand the author
of it us liar. I have lived too long to
| pander to demagogues and charlatans
for the highest Office in the gift OF the
people of the State.
My friend rebuked me because I had
not amended the bill. have those two
bills here and will submit them to any
Intelligent and impartial man in the
State and let him say whether 10 that
form they were susceptible OF amend
ment. The bills were introduced, went
through the usual course, were report.
ed on favorablv, and l had an oppor-
tunity to amend them if they had been
susceptible OF it.
Wien my friend had finished l was
disposed to jump up and say: The pO-
lltical millennium and the political mes
slah have come" He is new man
lie is going TO Congress. He's not only
going to smash the national banks and
pass the sub-treasury bill a voice:
That's what we want" but he's going
to reduce the cotton tax and he will find
me right by his side.
When l offered my bill to repeal the
10 per cent. tax on State banks my
friend would not accept it. Now !
would have the farmers 60 to the Leg
islature and get bank charter. On
their deposits lei them issue - for 81
The old State banks anSwered our pur-
poses; they will again, because, as my
friend probably does not know, the. ma
tional banking Act was a copy of the
banking Act of New York State. What
harm can come from repeating that
tax? If we had banks IN Columbia
Charleston, Newberry or Batesburg, is
suing 50 for 81 deposited, it would
remedy the difficulties which I know to
exist. 4 voice: How are We to gel
the capital?" Work for it, sir. How
did anybody ever get capital? It
would take out Of the hands of pluto,
Gratis the power TO contract the curren-
cy. It's lis own remedy. If the farm
ers want to go into banking with their
cotton l want to see them il position
to do it. Cotton is just as good Securi-
" for currency as silver: If they will
have the government buy cotton as 1t
buys silver l Will 60 as far as he will
But this is entirely different from his
plan, which is to raise money direct to
the people by advancing 50 per cent
The Constitution prohibits this. This
may seem old fogyish to those latter
day statesmen who look upon that IN
strument as dead letter. Iregard it
as a living, vital, powerful protection
to the people, because the Republicans
have tie will to trample on it if they
find it in the way of themselves or their
ends.
Ii the newspapers are to be believed
he has been doing some energetic work
in Georgia against the third party. As
the chairman has said, Georgia has Of
ten aided South Carolina in her politi-
cal troubles. Distinguished men have
given aid and moral support, bat here.
tofore they came to aid in maintaining
the honor and perpetuity OF the Demo
cratic party. Now he has come to put
in the entering wedge of its disruption.
He has advocated the establishment of
a third party. Mr.. Watson: ARE you
discussing tbs plan or the bill now?']
"You have attacked my record; now
yours is open to me-" Mr.. Watson:
This was to be a sub-treasury discus
sion. If you attack my record l must
have some time to reply. You may at
tack me ON any point You please, but L
can defend myself" Then say this,
thai believe that the doctrine asserted
by him will result in a third party.
II.A roice: "Where did it spring from
last year" l hope that will be les
sou to us. There ls no room for d third
party in this country.
believe the converting Of the ALI
ance into secret order WAS a great
mistake. If its principles had bsen
adhered to 1t would have prevented the
oppression complained of. The farm
ers through the Alliance knocked out
the ju;e trust. They were solid as a
rock and brought the jute trust to its
knees