The Manning times. [volume] (Manning, Clarendon County, S.C.) 1884-current, 1891-09-16

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| said II should be increased, but take
issue with him on that point. That is
not the only trouble | understood him
to say that supply and demand had
nothing to do with prices. lshould like
to say why, with the recent adverse re-
ports, the price Of cotton has gone up?
The depreciation amounts to 20 or 30
per cent. There is no more money in
circulation. Supply and demand have
regulated the price. Hence say that
If the farmers would plant ten acres to
the mule and more provisions, in three
years they would be the richest people
in the country. would join the move
nent to plant only that amount If
sufficient number of the farmers would
join with me- l am satisfied that sup
ply and demand and not the need of
more money is the controlling factor in
determining prices.
| can't approve the bill because it en-
courages Federal interference with the
affairs Of the people. which we have for
twenty-five years been trying to avoid.
This bin will put us, body and soul, un-
der the domination of the Federal gov
eminent, and more than that it is in G-
rect violation Of Article Iof the Con-
stitution. Not dollar gees into the
treasury except by taxation, with two
exceptions. Where are you to get this
money? You can only get it by taxa
ton; | know of no other way. He says
take care of the people in spite of them
selves. say leave them alone. The best
governed people are the least governed.
My friend complains that have sug-
gested no remedy. The Congressional
Record will show that I have been con.
tending for a correction of the wrongs
heaped upon the people He wars OF
national banks but he rejects my plan.
If could promulgate plan inspired
by heaven they would rejectit. Under
State bank system We could borrow
money easier than we can today. 1 OBJ
ject to the national banks because they
areso completely under the domination
OF the Federal government, and because
they were adopted as war measure.
The Land loan system was tried in Flor
ida some years ago and failed. can
borrow money on land in every State in
the Union now. There ought to be 60
provision of the national banking law
which would prevent the loan Of money
on land. l am no apoligist for the na-
tional banking system, but l can't abol-
ish the national banks alone. I regret
that anything escaped me to offend the
courtesies of the occasion to our distin-
guished guest I referred to his politi-
cal record in Georgia in reply to what
l thought a fling against myself. Here
is the talk about a third party. My
friend asks me if there was not a third
party in this State last year? Isay no.
There was an attempt at one which I
thought ill-advised. voted the straight
Democratic ticket and worked against
the third party. Life is too short and
the world 100 large to quarrel about diff
ferences of opiuion. There is a talk Of
a third party in the West and in some
of the Southern States, but when the
lines of battle are drawn the majority
of our people will be found IN the ranks
of the Democratic and Republican par
ties. Only the Hessians will be found
between the lines. There is bnt one
safety for us IN the South our constant,
undaunted and unhesitating support to
the Democratic party.
My friend asks what the Democratic
party has done for us in the last twenty
years. Though in a small minority
they have resisted the attempt Of radi-
calism to put the chains of slavery
about our necks. In the last Congress,
though still in minority they defeated
the Ubiquitous force bill, in a parlia-
mentiary struggle such as never before
was seen in the history of the Anglo
Saxon race. And now, after all our
years of suffering, when the prospects
dre So bright, are the people of the
South to divide 10 give power to the
Republicans again:
Whatever differances we may have
we must discuss and settle among our.
selves. l have become accustomed to
abuse. Whenever my services shall be
sought for shall not count the cost.
If, when my term is expired, the people
shall send somebody else in my place
shall not complain. It might be better
for me personally, and if I am to adyo-
cate measures which l do not approve
you must seek another man. | am not
II this controversy as Senator Butler.
but as plain NJ. c. Butler whom yeu
have known al your lives. When I am
not permitted to speak the truth as
understand it let my friends lay NE
aside, and if it is thought that some
other man is better fitted to represent
them let them say 80, but let them say
so honestly and boldly and not malign
or defame me. during my incumbency
in office have never allowed the honor
and interest Of the people of South Car
olina to be assaulted without resenting
il the best corld. The banks which
Mr.. Watson has mentioned are like our
national banks. The money is not loan
ed BY the government. Our Treasury
is not a bank, it only receives and dis
burses taxes. Loans made to two na-
tional expo5iiions are no precedents on
which to be found any system of gov
ernment loans.
The speaker here made a COM
paTison between a system Of govern
ment loans and of borrowing money
from the State Treasurer, and referred
to the position of some Of his opponents
who declare that the tariff is an unim-
portant issue. showing that the cheap
ness of some articles under a higher
rate of taxation is the result of labor
saving machinery and is not affected
by the tariff. He closed by referring to
some of the advisers OF the farmer and
saying:
If Dr. Stokes will give me the same
land and the same mules. in five years
l will he able to buy him out. [ haYs
that much confidence in my farming
ability, and that much distruct in his
ability, for don't believe ne ever struck
a lick in his life.
MR.. wATsoN's REPLY.
1t would be impossible IN anything
but stencgra phic report to give ao
adequate idea of Mr.. Watson's reply.
He met the Senator's criticisms on the
sub-treasury plan, explained bis grounds
for objection to the proposition to
establish State banks. and referring to
the position some Alliancemen are said
to hold on the tariff question declared
himself IN favor of absolute free trade.
- Dac-orj;rn tba third marty matter he