The Columbia herald. [volume] (Columbia, Tenn.) 18??-1935, 1891-07-17
(ComtSmued to second pG0e.)
An Alliance Democrat Talks.

EDITOR COLUMBIA HERALD:-I see
that you and Ed Carmack are enter
tanning Bro. MacDowell at present; also
punching at the eyes of the great sub
treasury scheme. Well this is all right,
and we Alliance Democrats commend
you in your work. We do not want any
corrupt leaders, especially those with
the fire and birthstone smell of Repub-
licanism on their garment; we are glad
the expose came as to Bro. Nc, II II Is
facts, but we are generous enough 70
suspend judgment until he has had a
tull hearing.
AS to the sub-treasury business, you
are right in showing up the fallicy and
mpraGticahility of its working, and
have the question we'll discussed be-
fore the campaign of '92 opens; for as
certain as the sun, moon and stars exist,
the sub will cut figure in the cam
paign in some shape and in some for
midable party.
Our democrats demGnd of Democracy
an Immediate financial relief, a prompt
and safe deliYerance from the bonds
and clutches of our present masters and
BOSSES, corporations and plutocratS OF
every style and name; nothing less Will
they accept. We will certainly accept
the Alliance sub-treasury scheme il
we can't get any thing better, Why
don't the HERALD and Anlertcda offer
a substitute or something better Whlle
you are knocking the life out OF the
concern. Our rule out in the country Is
to be mum when We can't beat a sugges-
ton or a proposition offered. we admit
you have suggested or proposed 1ree
coinage of silver and tariff reform as
substitute to initiate the currency
While we also demand this, it is little
too weak to excite, We have been fed ou
tariff reform hash for fifty years until
we have got to believe there is no re-
form; and you cant make anybody be-
Iieve that free coinage will create cir
culating medium to hurt. The people
are reading and making their own cal
culation now, whereas heretofore ali
was left to officers to calculate and
work up. You must suggest some
thing tangible and step i'll the dlrec-
ton of the demands of the people, for
something is certainly going to drop
in '92.
a currency independent of private or
corporate banks to literally carry on
| the business of the country. A cur,
rency that Wall street does not control
or that have to come through Wall
Street banks to the people. A currency
that does not get excited when there IS
panic on Wall Street, but move on in
| the even tenor of its clrculatlon ana
! have no panic in Columbia. we de-
mand treasury that is not dependant
on Wall Street bankers to direct the
currency, to advise what shape the
| currency and circulation shall assume,
| or whittier the Secretary OF the Treas
| urer shall call a committee of bankers
| from Wall Street to advise him to re-
| fund past due interest bearing bonds
when there is money in the vaults to
| pay themt
These are some things we demand at
the hands of democracy and we don't
need any Third Party TO got them, ana
we certainly know the Republican
party will never give us government
Tor the people, and we don't expect any
thing from them except legislation for
the benefit of those denOminated the
| few and not the masses. These demands
are reasonable and practical, then
| why not have sub treasury and a
| Democrat CGngress make the details,
| thereby relieving Wall Street of the
heavy burden now imposed upon it, so
it can run it's own financial business
with ease and pleasure, and the peo-
ple-the masses run the government for
the people especially the financial
part. Respectfully yours. j. A. ),