The Newberry herald and news. (Newberry, S.C.) 1884-1903, 1891-09-17

QOQe SO WITHOUT stopping ~ t"t1
cost of that contribution. they nave
honored me perhaps a thousand,foid
more than deserved. but they have
never yet put me in office upon conduct
on nv part which would create the be.
lief or IMPRESSION that have everstated
one fact to the people of this State that
did not meet the appreciation OF my
Judgment and conscience, Applause,
and they never will put ME in office II
have to pay as its price the advocat.
ing, the sustaining or maintaining Oh
any proposition which my Judgment or
my conscience will not approve.
Tco STUPID FOR AMENDMENT.
Nv friend rather rebuked me because
I had not amended the sub-lreaSury
bill. Why, fellow-citizens, L have tn">e
two bills here and will submit them
to the candid judgment Of any lntelll-
gent and impartia! man 10 this stare,
and let him say whether or not IN that
form they were susceptible or amend
meut. | mighta as well have lr'eu 10
amend a proposition to pontCon the
Atlantic Ocean or to build a bridge to
the moon. Laughter and applauSe.J
The bills were introduced by Governor
Vance, and they went through the
usual course, being referred to the COM
mittee on agriculture and they were
buried in the tomb Of the. .iapuletS.
had no opportunity of amending the!n
if they were not susceptible or amend,
ment. So, then. have been reproacheu
because did not amend the bill, ana
T am asked to discuss the sub-treaSury
plan. If my friend will pardon me L
would he under the profoundest obllga-
tions to him if he will only tell me
what that plan is. | have not heard IT,
and he spoke for an hour and half by
the watch. He talked about the battle
of Lucknow, about the Encyclopedias
britannica. He talked about the re-
forms of England, about the Duke OF
WELLINGTON and the Duke Of Newcastle,
about the ahject poverty we were an
in, and leading up to that particular
flight of his eloquence, from Whlcn we
would have thought that every man,
woman and child in this audience was
crawling on bis knees in abject poverty
/ with not even the white meat OF which
ne talks to satisfy their hunger.
EDGEF1ELD NOT SlARf 1NH.
Well, + see before me about as heal
| tby and well-Gl essed an audience as l
have seen in a long while. The ladies
seem to be reasonably we'll attired. If
they will pardon me for referring TO
that, and the men are not entirely
ragged. 1 expect if they would 60
home they would find sweet potato
or a bit of bacon, although not so white
| as he talks about; little dust OF meal,
| home made, to the manner born ana
not imported from Tennesse or Georgia
daughter and applause. But my
| friend studiously, conspicuously AVOID
cd TO discuss the very plan which he
saws | did not discuss, and when he
had finished was inclined to Jump
up, clap my hands and say that the
political Millennium had come.
tLaugb ter and applause.] And | say
| it without irreverencc that the political
Messiah had come Laughter and APP
plause, and hurrah for Butler!] | vas
about to exclaim, with folded hands,
that this generation and day of our
Loru had brought us the electric teie-
graph, the TRANSATLANTIC cable, the
| flying machine, the electric light, the
telephone, the phonograph,
THE GRAPHOPHONE AND TOM WAT
son.
1Great laughter and applause a
voice: "Hurrah for Watson"
Gen. Butler: And say so, too. He
is a new man, laughter just come to
life. He is going to Congress, and he
is not only going to pass the sub-treas'
urv and put money on these trees,
where YOU all can get it by shaking
:, them, [laughter,l but he is going 10
o,>;ech The rational banks, get pay far
6sSsssSH.... 65t9lseS.o-. get sstHSp stvse cotton
one man Vi nSc know what it
is, [great laughter and applause and
when be goes in for all that he will
find me with h):im. He jumped on the
national banks7; and be destroyed them,
but I do not th ink he was correct in his
statement OF tb e history of the banks.
Col. Watson: In what particular?
Gen. Butler;e You said that they did
not buy the fcurrency, that they got:
say one thoG :saud dollars, deposited
them in the $trcasury and got ninety
thousand in Currency.
Col. Waist On: But who gets the in
terest? *
Gen. Butter: Why the national bank
people, of course, just as man must
pay interest on his note. Where would
you get bonds if you did not buy
them?
Col. Watson: But where do the bonds
come from?
Gen. Butler: said they were bought
from the Government. But let me
poiut out your inconsistency. When |
say that we desire to repeal the BIZ!
LAYING tax Of ~ per cent on the Stal ;
banks in order to paralyZe the national
banks, he says oh no,ithat will not do.
Col. Watson: I did not say that, for
7 understood you to say that you Oh
iect to it as remedy. What is your
bill.
Gen. Butler: My plan would he to
repeal the tax on State banks. But |
need not discuss the bill. I am to
furnish the plan and you the bill, for
that is your logic. Laughter and APP
plauSe.
Col. Watson: That is all right, but I
will make this trade | will come III on
the State banks if you come in Oh the
Suh-treaSurv.
Gen. Butler: Well, that is a fair
proposition, gentlemen, and will do it,
but on this condition, that [ will tell
him what my bill is if he will tell me
what his bill is, and / tell him now
that the bill, which tried twice to have
passed, is to remove the 10 per cent tax
| on State banks.
Col. Watson: What is your plan?
Gen. Butler: Just keep quiet now;
have patience, and I will tell you. l
waited on you. I would say to the far
mers of this country-go to the Leglsa-
ture and apply for charter to 60 into
the banking business, deposit hundred
thousand or fifty thousand dollars, as
we did before the war, when the banks
of Columbia and Hamburg enjoyed a
very high credit.
Gen. Butler here explained the me-.
thod of procedure before the war OF
putting in a given amount and issuing
| doubIe the amount in bank notes.