The Grenada sentinel. [volume] (Grenada, Miss.) 1868-1955, 1891-02-21
rHE sUB-TREAsURY BILL.
senator Walthall Gives HIS Views to
The Carroll County Alliance.
nrc1AHEs IT UNCONSTITUTIONAL.

The Carroll County Alliance.
DECLARES IT UNCONSTITUTIONAL.
=. rr.etsa 1t W ould bring serisas Disaster
to Those Sections Where Agriculture
Il The Chief Pursuit, aad Especislly to
Interests Sought y - Hsstered.
UNITED STATES SENATE |
WASHINGTON February, Q, 1891. !
Messrs. J.. r. Buckley, C.J. Coleman and
TT. Cox, Committee. -
crNTLEMEN:-I had no opportunity,
until teday, to answer your commune
cation Of the 28th. ult., which was re-
ce;ved . week ago. have, however,
been led by my close Identification
18th the interests involved In the mat
ter Of which you write, to give the sub
;ect @ much consideration, from the be-
rinn Ing Of it's agitation
In answering the questions you sub.
nit to me. will give you the result OF
NV reAections and examination with
n,;+ anv elaboration that might tend to
mvstifv nv answers, which 1t is due to
III concerned, should be explicit.
The questions are 80 plainly and sue
o;nctlv nropounded in your note that
cannot better state them than by set
tho # out in full. It is as follows:
I'VE, the UNDERSIGNED committee; ;,rns. were aR, p
pSs,on pon,u AID S We're requested to ascertain your
wia,ys IN the constituti0nality OF the sub:
treasury bill now pending In Congress. II
you believe the SANE and III In WHAT partcuiar
EEmthar can YOU submit some plan Tor us to
advocats for the relief of the masses OF the
peTTgbbe; Tbe bill you refer to provides for the
erection Of government warehouses,
necessarily at enormous expense,
in those counties in the United States,
nrobably less than one third OF the
whole number, producing and selling
annually certain designated products
exceeding in value certain named sum.
The articles specified are wheat, corn,
oats. cotton and tobacco, and the annual
value is fixed at $500, 600.
The owners of such products may
deposit them in these warehouses, ana
receive from the government " per
cent, of their market value, to be de-
termined BY government officials
tha % Secretary of the treasury.
Receipts are to be issued to the de-
positors showing the amount and value
Of the deposits, the sums advanced
and the charges to be paid, and twelve
months is allowed for the redemption
of the products by repayment Of the
advances with interest at one per cent.
ner annum with the cost Of insurance
and other charges.
1fnot redeamad within the time nre.
.orihed I the nrodncts ara to he sold At
suction % To- to NV The debt and charges.
the excess il any 20 to the holder Of
tho the rece;nts r%cIo 81 W
VT The ] s,,p of s5D mn, ono IL to he appro-
nriated to carry the bill into effect. and
evan e % th;s ,aroe ann ia believed to be
whnI,v inadaenata tn tho erection Of the
mronosod " Iva mo ,.ahomaas @ a. hv | comnatant ner-
puJhHo sous who have " ] 1nsde tSe caIcpIation
t. snch a. scheme a. this were in oper-
ation ~ some n ;ts many IN effects. II
think % would he thefollowinr:
/ The taxation of the great bodv Of
tho ,aon1e ~ to nrov;da h the I means n con.
ferrinr supnosed benefits upon a par-
t;cnios c,oaa ~ tha ron,,Iotfon = oreat
ev;i % ace;nst o"st rh;oh ~ ; tS1se m most interest
ed IN onr;c,,,t,,ro ] ' - asneciailv IN Tho
Son,hern SAotas hova haan warrinr
for manv Years ~ '
2 RE married. d;scr,m,nat,on bv
the oovarnmant hetwean its own iii.
;zors @ ~ ~ 49, - S T,,rIio ,norev % at q
rata % ~ ~ ;rtorest Z s iar % hslov -hat !. c,,s.
tomarv % ~ t - 3 ci".. Fl ,,mitoS % MT ~ sicre r.
Uo"Aoay W +" 0ssseo .AAVoS. uVS ~AVuo ~