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

OWnS naClOA2l Dank SLOck don't
oppose national banks because they are
thieves. You put money in them to
make money out of them. National
banks 90 not want currency. State
banks want 1t. 1 am opposed to the
present system because q national bank
puts u sword and a purse in the same
hand and gives the executives of the
Government complete control.
Senator Butler took issue with Mr..
Stokes as to the reason of the disap-
pearence of money out Of the treasury.
The money was stolen. Ask the billion
dollar congress where it went.
NOW for my remedy.
First. Have a reduction of the tariff
from 81 to 60 per cent ad volorsm to
something like 40 per cent. could
not make any amendment to the bill,
for l never saw 1t after 1t got in Con-
gress. 1t laid In the pigeon holes ofthe
agricultural department.. No one came
to me for an amendment. l believe in
inserting the Mills bill
lie spoke Of the reduction of prices
in which connection he said: Prices
are reduced not by the tariff but by Ia
bor-saving machines
Second, L believe in the reduction of
| expenses OF the Government. Instead
OF expendinR $1,OOO,0OO,OOO cut it down
ne-half.
Third, believe in absolute unlimited
free coinage of silver.
Fourth. Repeal the 10 per cent Act
against State banks. You can't get
money from national banks, because 1t
Is not there. The money Is scarce be-
| cause thecurrency goes back to!the csn-
Tres OF business and the people can't get
IT out. Let us put the power out OF
Wall street by each State issuing it's
own currency. The only danger in youx
plan Is that when the collapse comes it
I'M ures the poor man. not the rich. My
| first Senatorial act was the introduc-
tlon of bill to repeal the 10 per cent
tax on the issue of State banks. Mr..
CalhounS idea was to put the matter
back in the hands of the people. Mr..
Calhoun favored the sub treasury as we
nave now in Chicago, New Orleans, etc,
to issue currency for the benefit of the
people. but not to give it to them This
was for convenience. The sub-treasur-
les are only branches of the Federal
treasury. The people cannot get the
money except they haye something to
sell for it.
Another step | would take to the set
tlement Of the "unevenness" is this:
Tut ten acres OF cotton to the mule for
three years. Let farmers do this and
they will have the world at their feet.
They would be then the most prosper.
GUS people on the globe. AS for not be-
ing able to put their products on the
market at any time is all stuff. There
Is not an acre of ground in Newberry
that cannot maker something to sell
every month of the year.
l am opposed to only two planks in
l "A nlaffnrIn Nh.l St,l>
ury bill Is unwise, and the worst thing
for the farmers. l am also opposed to
Governmental control or operation of
all railroads. for the following reason
The more you can divert the interest OF
the people from the Government the
better off will the masses be.
| Voice: How about the Third Party,
General?
Butler: We have no room for the
| Third Party. There can only be two
parties. The old Democratic though
Dutfeted stands still.
| Voice: What has the Democratic par
| ty done for the South in the last thirty
| five years?
Butler: Ii you are 80 far in the back
woods as not to know what that party
has done for the South you are a poor
| simmer and "ought to be born again"
\ on would be an excellent Third Par
ty leader.
Senator Butler then eulogized most
stlrringly the Democratic party 1t has
held its own under the direction of the
| wlsest statesman, Jefferson; held its
| owo against Revolutionist and Anarch-
| lists. When hear talk of Third Par
ty am overwhelmed with pain The
democratic party has stood like stone
wall against all agQressors and for that
| alone, iii had nothing else, should be
lauded to the skies, 1t represents home
rule and self government. Party after
party has risen IN the ruins of older
parties, while the Democratic party
alone has stood the blood of wars and
| the heat of political activity. 1t stands
with the very doctrines OF the Alliance
| except the two have opposed above. /
believe with 40 majority in the House,
with the present Senate. and with the
| chances favorable of electing the next
President, ii it fails to bring relief then
L shall talk about the Third Party, but
! not with such signs OF success.
WhereYera a farmer makes all he needs
does his business on business princi-
pies. he will not want money at 3 per
cent.
MIR. STOKEs's REPLY
was only Il recital Of arguments used in
his first speech. In several ne simply
stated that he disagreed with the hon.
orable Senator. HIS reply was limiCed
to thirty minutes, but downpour
forced him to Conclude earlier. The
time Of each speaker was at first placed
to one hour and half. but such u
clamOr arose when Senator Butler be-
gan to take his seat at the end of the
time that 1t was prolonged.
Later In the day Col. Talbert made
speech, which was not discussion of
the sub-treasury, but general ALI.
ance talk. Beyond this it would have
been violation of agreement. His
address was interrupted by rain.
All the speakers deserted Prosperity
this evening. Senator Butler goes i'm
mediately to Washington. DR.. J. w.
Stokes was called to Greenville. Col.
Talbert returned to his duties in Co
lum bia.-NeWs and Courier.
Democracy and Alliance.
New York. July 23.-Just before
Sam Small left town he had few
III