The Abbeville press and banner. [volume] (Abbeville, S.C.) 1869-1924, 1891-08-05
SENATOR BUTLER's REPLY.
The Sophistrfes and DelusiOns of DR.
Stokes Is Thoroughly Exposed to

The Sophistrfes and DelusiOns of DR..
Stokes is Thoroughly Exposed to
View.
Senator Butler being introduced spoke as follows
Mr.. Chairman, Fellow Citizens and Ladies of New
berry County:
| A voice In the crowd-[Don't leave out Edgeheid.
There are some Of US here
Gen. Butler, continuing 81 have seen good many
the expressions which have fallen from the distn-
guisbed speakers who have preceded me-in express
Ing my qualification and satisfaction that all the peo
pie OF this county, farmers, merchants professional
men and lhboring nen, are awakening and taking O
deep and profound interest in public affairs. Agita
tion never alarms me. When younger rather liked
it, and now welcome with qualification the fact that
all this State an Sae
My experience has been that whenever q question
is argued fairly and truthfuy before the people they
generally decide right, and therefore reciprocate
cordially the sentiments which have fallen from gen.
temen who have preceded ME, want nothing but
the light and nothing but the truth and the people
Of South Carolina want nothing but that, and with
nothing else will they be satifed. supposed when
people OF this community upon what Is known as
the sub treasury scheme OF the Alliance; that I
would be confronted with an array Of argument in
favor of 1t that would put to my trumps to meet
but after hearing the address Of my friend will say
to him what Of his brother Allancemen said to
after hours conversation the train the other
day. He said, Senator Butler, weare not 50 far apart
after ALL
yield to my friend, In the main, oil that
he has demanded on behalf OF the Alliance except
what hs chooses to state as the subtreasury plan OF
the Alliance. propose to take issue with him in
some Of his economic views-some of bis enuncia-
tions Of doctrine of political economy. I do not
know, for instance, that could agree with him in
his saying that the relations which the currency Of
the country occupies to products regulates prices
| In not know a
it has something to do with 1t, but there is another
factor which plays an important part In the matter Of
price, and that Is the question of supply and demand.
| If we had not made 100000 bales Of cotton Inst
year cotton would bring higher price. Whyi Be-
cause the supply was greater than the demand. II
there is large corn crop in this country 1t is going
down in price because the supply is greater than the
demand. SO with reference to a large wheat crop.
the identical reason applies 1t is true not only Of
agricultural products, but 1t is true OF mining pig
iron and manufacturing products. One advantage
When they find by their production of the mauufac-
tured article that they have than they can Sc
cure relnuneIative prices for, they shut down and
stop work. So 1t is in the mining, stock raising and
every department Of lilo. The question Of supply
and demand has something to do with it.
Jos. L. Kett interrupted Senator Butler with the
question: Does the rule Of supply and demand apply
| to money as well as Product9
Senator Buter-Yes, answer q thousand times
yes. Voices: Go ahead, Senator you are right
The CIRCULATION FEE CAPlTA.
| 1t is claimed by those who are opposed to free
coinage OF silver, by those who opposed to the
increase Of the currency per capita In this country.
that 80 per cent of the business Of the country Is
done by check; that is to say. owe you 800, give
you check for It you owe another man that
amount and transfer the check by endorsement to
him. and perhaps before that checks gets TO the bank
for redemption 1t may have paid $1,000 debt. That
argument. when first presented to me by an oppo-
nent Of the free coinage Of silver, rather struck
dumb for moment. said Ny friend, that is de-
ceptive and misleading argument in this, that man
who can give check must have bank account.
How many millions Of people are there In this coun-
try who have never seen bank, but who transact
their business by actual delivery Of the money Such
on argument will not stand the test Of analysis. L
said TO him. that tile argument advanced that We
have $2 per capita in this country is also mistake
and misleading. According to the latest estimete
made, there is but one billion five hundred million
currency, all told in this country for transaction Of
the business Of sixty-ive million people. That puts
the Senate and demanded to Incw how much Of that
$22 per capita is stored avs, n the United State
treasury and the banking int!tutions for redemption
purposes and not In circulation they said they
could not tell exactly. Ono Senator, o republican,
made an estimate and reduced the circulation TO
about $1,000 1000. think he was too low. Ny es-
innate is that there Is about $6 per capita In circu
lation. l agree with my friend that there is not
money enough; that there is something wrong. The
question Is to find out what's the matter; to dag
nose the correctly. think that the difference
between me aud my friend on fhe sub.treasury mat
ter is that they treating the wrong organ and the
cure the patient.
ALL ADVOCATES OF TIE sUB-TgBAsUkY ARE NOT FOOLS.
lido not denouHce every man who Is in favor Of the
sub-treasury as fool, and do not want anyone to
so denouDee me because l am opposed to It. We all
have common interest and can afford to allow q
tolerance of differences Of opinion.
have brought with me official copies OF the bills
which were introduced. understa nd my friends to
say that the bills not under discussion that tho
sub. treasury plan Is under discussion. How in the
Of heavens am to get at the plan unless read
the bill ? 1t Is the bill am opposed to my con.
cience and my judgement will not permit me to ap-
proveit.
EFFACIHG HOME RULE.
Before proceed to discuss the bills before me 1
will indulge in few preliminary remarks as to the
structure, scope and power Of this popular form Of
government OF ours. There is not man in this vast
audience who has not within his nature a principle
amounting to an instinct OF home rule and local self
government.
Senator Butler then went into discussion OF self.
and the rights of the States and the prin
cpe that would not allow interference with local do
mestic affairs. Tho application Of this principle
was made, to show the relation that the Federal and
State governments sustain to each other; and he
argued that this bill offended that doctrine in his
iudgment-the doctrine upon which popular
government is built And" said the Senator, "the
more you encroach upon 1t the do you threaten
institutions"
THE WAREHOUSE DISCRIMINATION.
Tks speaker then read Senate bill No. 2S06. The
first section contempates the building and organza
ton of warehouses In every county In the United
States, and there now about $500 OF them.
Every county which produces agricultural products
to the value Of $500000 shall be entitled to have q
warehouse built within that country. The speaker
argued that this showed discrimination, some of
the counties did not produce that much, and could
not have warehouses.
TIE WAREHOUSE KEEPER FOB EDGEFIELp.
Paragraph second Of the bill reads that 100 or more
citizens Of said county shall petition the securetary OF
the treasury-"This said the speaker. without con.
Guiding remainder Of the section says you shall Pc
titon the man whose function it Is to be the custo
dian and disburser Of our public money. Now you
make him dabble In agriculture. You must give the
land upon which the warehouse Is built to the gov
warehouse any of them should be abandoned, the
title Is In the government. TIE establish United
States agricultural depository and appoint manager
thereof-whCm do you suppose the secretary of the
know pretty we'll who he would select In Edgehed
"A mullatto." [Lsughter.1
Talbert interrupting-Vance put up the latter |
clause to sec l. subdivision g In the bill himself H.,
order to cry out against the unconstitutionnlitv of
Butler-I will come to the unconsttutlonaiity part
of 1t myself directly. l deal with the record
as find it. If that provision had been injected In
that settion as u from heaven, 1t would not have
made It any more acceptable t. me. (Cheers)
Tabert-It is the Objectionable feature l ON speak
ing of.
Butler-l am glad my friend agrees with me about
that. We are making progress, and before I get
through he will be with ME. Laughter and cheers.
Talbert-No, you are getting on eur platform.
DRIVING SIXTEEN HORSE TEAM.
Senator Butler-Ii am not driving q sixteen
horse wagon through part Of ysur pletform, never
saw o wagon. (Cheers.)
Voice-Rub 1t In him! Go 1t, Senator.