The Bolivar bulletin. (Bolivar, Tenn.) 1888-1946, 1891-07-24

Of5 ACou4ll Olc db al
times with gold and silver AMI not
deprecated; but we know that If
gold and sil yer has any advantage
over 1t or il current anywhere that
it 10 not, then it viii be deprecated:
The farmers dollar must DE as
good as any other mans dollar.
Again, under The s~ub-treasury
plan, cold Hutch" and the ~specula.
tors in produce need not have
enough money to buy mp all the
wheat to corner the market, but
only twenty per cent. of it, since
the government will advance them
eighty per cent. on deposit of the
grain IN the warehouses, which
would be very convenient for them
to do. This would be the grandest
opportunity for speculation of this
sort eyer known. And then those
buyers, who watch so keenly the
amount of stocks on hand at all
times, would keep fully apprlsed of
the quantities of wheat and cotton
in the warehouses, and on the last
day of grace when the produce had
to be sold under the law, could just
simply hold off until the price was
as low as they desired-thus en-
aiding them to more effsctuallY
shear" the price than ever, greatly
to the loss of the government, per-
haps, since when the price falls
below a point il must lose.
And what does the farmer get for
all this He simply gets the mar
ket price for his stuff as he does
now, less expense and interest.
| need not allude to the vast ex-
pense all this must be to the tax
pave RS, nor the wide door to the
default and fraud of the managers,
nor TO the paternalism it would IN
troduce, nor the great army of Office
holders it would put on the coun.
try. But this is enough to convince
me that the scheme IS impractica.
bic and ought to convey even to
the most sanguine some doubt,
some little uncertainty as to wheth-
er it really is the panacea for all
our ills as it is claimed to be.
Now, this idea, this scheme, is
what some men propose to make the
watchword and ssshIboleth" of the
farmers movement, and even go
SO far as to say that every man who
doubts it, honestly OF not, is a trai-
tor to the cause of the farmers. 1t
is against this folly that, | protest,
we shall not commit ourselves. 1t
is not a question of principle at last
but merely of expediency and pol
icy about which men may honestly
differ, for upon the question of f.
nancial relief, there is not, SO far as
| know, one dissenting voice in the
whole order.
It may disrupt the Alliance. We
have heard that ga house divided
against itself cannot stand" We
see that this measure is already hay
ing the effect to divide and estrange
members of the order. The county
meetings of Haywood and Gibson i
understand have declared opposed
to the measure, and others viii
doubtless follow. There are differ
ences of opinion concerning it in
Texas, Mississippi, Missouri and
Georgia, and the order is nowhere
a unit on it. Such leaders as Till
man and Irby, of South Carolina;
McAllister. OF Mississippi; Wade
and Thomas, of Tennessee; Northern,
of Georgia; Hall, of Missouri, and
9th er equally good and true men
everywhere stand unalterably OPP
posedto it.
1t will endanger the democratic
party, for the policy which this
measure promulgates is . much
at variance with true democracy,
which Is based upon the principles
enunciated by those fathers Of our
republic, of whom 1t was said they
"builded wiser than they KNEW"
that we cannot expect the coopera-
ton of all good democrats if we
p~ersistently advocate this measure.
am firmly convinced, and all
who reflect must see it, that the
unity of the democratic party and
the soIidity of the south must be
preserved at all hazards, for when-
ever the white people of the south
divide upon any Issue. we jeopar-
die all hat is dear to us and our
most valuable interests.
Now let us reason about this
thing-Iet us ask ourselves is this
sub-freasury plan of so much lm-
portance that we must sacrifice so
much for it; lose sight of white SUI