Fort Worth gazette. [volume] (Fort Worth, Tex.) 1891-1898, 1891-09-07

four per cent. They are trying to disinte-
gate the Democratic party in the south.
They 90 about as MariuSeS and Syllas,
Haunting their lists of prescription and, lost
to all sense of decency, denOunce the men
who either stood by the Southern people in
the hour of tribulation or who stand by
them row when attempts are made to en-
slave them under the guise of legal enact
nent. Not content with sacrificing Hampton
THEY THREATEN GOEMAN.
They boast that they have decapitated
the man who redeemed the state OF South
Carolina from carpet-bag misrule, and that
they have the guillotine prepared for the
great leaders whose courage, Intellectual
vigOr and unseltish devotion enabled the
Southern people TO eXult over the defeat of
a measure whose enactment would have
been 4 pail 10 the future advancement and
development of the South.
Your lecturers ask for a remedy for the
evils Of which they complain. Those evils
are the result of the burdens of excessive
taxation. Reduce the cost of living and the
cost of production and there viii be
larger margin of profit. This reduction
can DO secured By tearing down the Chinese
wall Of protection and lowering the ta riff 10
q revenue basis.
This YOU recognize in the Ocala platform
when you demand that all national and
state revenues shall be limited TO the neces
sary expenses of the government ecOnOml-
cally administered"
The price of all commodities is regulated
by ue law Of demand and supply; but the
profit may be enhanced by diverSify!ng
crops and byreducing the cost Of production
by personal and governmental economy.
Now TO the other planks in the Ocala
platform. l am in favor of a sufficient
amount of money in circulation TO transact
the business OF the country, bur l see no
reason for fixing on $50 per capita as the
= 4 ] 49, .fHs. 30,
tion Of the country can De increased 10 that
amount except by creating fiat money or by
governmental land loans, to which am OPP
posed.
To section 2 see no objection. As TO
section 3, ! yored against the silver bill
passed in the last congress, which does not
seem to be understood by some Of your sub
treasury leaders. judging from their recent
Ut'cranccs
have always opposed the free and IN
limited coinage of silver because / have
never thought il just to the people of the
entire country 70 give special class,
the silver mine owners, 4 proit OF from p
20 80 per cent on each dollars worth of bul
hon they might bring to the mint to be
coined.
UNDER THE BLAND Law
they received market value for their bullion
and the PEOPLE derived = benefit Of about
$iJ,oU),UuU during its c=i5t2ucc, about S3oJ,
O0D.OUJ having been coined.
There exists a great difference of opinion
among leading luaucicrs, however. a. to
the effect of free and unlimited coin
axe, and should my party declare
in Its favor. either in caucus or
otherwise, ] shall weld ny personal
opinion TO the collective Judgment ol my
party associates Is | regard II as a question
Of policy rather than OF principle.
The Democratic party has opposed alien
ownership OF land but has never declared
against the policy of borrowing alien
money.
Indeed democracy teaches the doctrine OF
buying Il the cheapest markets and selling
il the dearest WY not apply the same
rule to money? Why not loan in The dear
est markets and borrow in the cheapest9
Isuoscribe fully and cheerfulv TO the
tariff provisions Of section OF the Ocala
Platform. They are sound Democratic doc
trluc.
In regard 10 section 6, have to say that
I AIN IN favor Of the most rigid, honest and
Just state and national supervision OF the
means OF public communication and trans
portdl.on" but that AN opposed to govern
mental ownership thereof.
We have TOO much governmental owner
Snip now. The tendency OF this Ocaia doc
thine IS monarcGical; it Is centrdlistic; it
would ultimately destroy the republic, and
erect Il DIES potiSm upon is ruins.
have no objection to section : providing
for the election of United States senators.
Please excuse the length of this reply,
which S as brief Us the number and scope
Of the planks in the Ocala platform would
admit As you requested Il public eX-
preston of my views, l shall send copies 10
the press. Yours truly, u. II. GRAIN.