The Laurens advertiser. (Laurens, S.C.) 1885-1973, 1891-08-04

that the subtreasury was introduced to
give the people control of the cireula-
tion and the power to prevent discrim-
ination againsttbe producer. He dis
cussed at length the need for more
money and defended cotton as good a
basis as gold bullion,
WE SHOULD SAY so!
This was the essential part OF the
arugment, and the speaker maintained
1t with great force. Col Terrell in his
address necessarily went over great
deal of the ground covered in the ad.
dress of Col Polk, and which was given
to-day in The News and Courier.
GOVERNOR TILLMAN
was received with great enthusiasm
when he arc ,e to speak. He was evil
IDENTIFY in the house of Alliance men ard
friends. Opening his speech he said:
II thank you for the cordiality with
which was receiver by you yesterday,
and for the renewal Of that feeling to-
day. AT the outset would call asten-
tion to the charges that have been made
inside and outside that | have been
lighting the Alliance. l need not tell
you that such charges are pot true
[Applause.l
81 am aware that the Alliance has
been criticised and that I have been ap-
plauded and patted on the back OH the
assumption that there was personal
fight between the Alliance and myself,
but L tell you my friends that that en-,
dorsement has been OF no avail. Ap-
plause 1t was too transparent. Ap-
plause. If they have been urging me
forward on the sufposition that there
was war between ne and my friends
in the Alliance, they rave been mista-
KEN"
GOING For POLK AND STOKES.
Governor Tillman said that at the
outset he was obliged to complain Of
the injustice of President Polk coming
on the subject matter of tho debate of
to-day. He desired also to know why
President Polk had the right to elm.
mate five planks Of the Ocala platform
and that such furor was raised be-
cause he differed with his brethren on
one single plank. Applause.] claim,
said Governor TillmaD, that the action
Of President Polk and of President
Stokes was nothing more or less than a
usurpation of authority not granted by
the constitution Of the Alliance.
TESTING TIE OCALA PLATFORM.
Governor rillman then took up the
Ocala platform and discussed it from
the opening to the closing section. He
lulu lCdO Ou Ollo tdltlS ttlu I'LL
portance of the free coinage of silver
and explained the robbery committed
by it's decentralization. He then argued
in favor of an income tax and the alb
solute necessity of having Senators
elected directly by the people so as to
get rid of the power exercised by mil
lionalreS who bought and sold the peo-
pie like cattle or hogs.
He claimed that the sub treasury bill
had come to the people downward from
the st Louis meeting in a perfunctory
way, and that it had gone back to Ocala
and had been endorsed in the same way,
with the result and effects not under
stood by the people, the source of author
ty. [Applause.l "But will not deny" he
said, that the agitation has done great
It has called attention of the world to
the fact that the producing classes are
sorely oppressed, and are demanding,
crying for relief. Applausc.]
Governor Tillman then touched upon
the currency question. | am, he said,
in favor of u flexible currency, of a
greater volume Of currency; but l
maintain that flexible currency as en-
.unciated by Col Terrell means an at
tempt to fix prices by legislation, to fix
the price OF commodities by statute.
That, my friends, il, f"nacy, bec"nse
the price must be regdlaI,
flexible law OF supply and dema,.>.
FOLLY OF TIE COTTON STORAGE IDEA.
Governor Tillman said that in case
cotton got damned up in the ware
houses the consumers would know that
it would have to come out in time and
that just as soon as the quantity was
known, which could not be concealed,
10 prina &unnll ,yyif tn f1 70 A
level. This illustration he introduced
to show that an artificial means could
not evade or run counter to an estab-
lished law in the commercial world. 1t
was asserted, he said, that by spreading
the supply over twelve months the fall
in price would be prevented and that
the evils of inconstant prices would be
obviateL. They had, however, forgot
ten that by the terms Of the bill by
which the whole could he only held for
| twelve months, one-twelfth of the crops
must be sold each month, and that there
was absolutely nothing to prevent the
speculatOr from havidg the same chance
as he holds under existing laws. lie
would have the same chance with the
sub-treasury as he now has with the
people. The Governor held to the posi-
tion that the sub-treasury bill was class
legislation, or. as he put it to-day, 'it is
a special privilege rather than right
l admit, he said, that the Government
has loaned money, but the right for
| such action is based OH the general wei.
fare clause of the Constitution, and not
| upon proscriptive or statutory right.
1t wall not be denied that any scheme
may take for its assumption of right
the elastic general welfare clause of
the Constitution, which from its very
name settles no specific right or prn-
ciple.
GOOD DEMOCRATIC DOCTRINE.
L hold again, said Governor Tillnan
on the next branch Of discussion, that
the sub treasury bill is fairly open to
the charge of paternalism. 1t proposes
to concentrate the business OF the peo-
pie 10 the hands Of a centralized power
at Washington. and this is in absolute
contradiction of the principle laid down
by Jefferson that the Government gov.
erns best that governs least. [Ap.
plause. In other words, that there
should be equal rights to all and special
privileges to none. He would appeal,
he said, TO the good 8 nse and patriot
ism of the people in the majority to aid
in the obtaining of just and reasonable
laws, instead OF the partisan favori,ism
shown 10y the Governmentin the main.
tenance of national banks and nursing
private manufacturing industries. Ap-
| plause
POLK AS A SOCIALIST.
lie characterized Col. Folks views on
the money question, referring to the
Government lending money with the