Iuka reporter. (Iuka, Miss.) 1888-1894, 1891-08-13

NEWS OF THE ORDER AND ITS
MEMBERS
What IL Being Done in tho yarious
Sections FOR the Announcements
OK the Great Organization.
THEN AND NOW.


says. "As long as the members of the
alliance stayed in the back yards of the
political bosses, obeying submissively
their commands without question, it was
the grandest organization on earth. Its
membership, the most exemplary citizens
upon whose virtue these bosses loved to
dwell for hours and hours in the calm
cool of the evening. But just as soon
as they essayed to eat at the first table,
sit in the parlor, or on the
front gallery and assist in
entertaining company, they were de-
nounced as most desperately wicked
crew of renegades, aud their officers as
political blatherskites, upon whose heads
the vitriolic wrath of the pent-up hate of
these bosses poured without stint. Why
all this adulation first. and this torrent of
wrath afterwards There can be but one
answer. For more than three thousand
years aristocrats have recognized those
''who eat their bread by the sweat of
their face" as but one degree above a
brute; kind of connecting link as it
were, between the brute and the man, but
without the attribute OF immortality. In
recent years these aristocrats have patron
izingly admitted that, peradventure, a
laboriug man might have soul, and that
he might vote, provided he remained in
all other matters in his proper sphere-a
newer of wood and drawer of water
provided also that he vote strictly accord
ing to the orders of said bosses. There
fore, the assumption upon the part Of a
laboring man to discharge the duties of a
citizen according to the dictates of his
own conscience, is considered rebellion,
and in their high opinion, the ''menial''
who attempts to vote as he pleases
should be politely damned and forced to
wear ball and chain and split wood in
the back yard of his boss during his nat
ural life. 1t would be we'll for laboring
men to remember that they now enjoy
none of the rights of man that they or
their fathers have not wrung from aris-
tocrats, and that if they desire to regain
and retain the rights of citizen they
must first will it, then combine with
their fellows and force plu-
tocracy to grant it. The submission
of the many to the dictates of the few is
slavery
X X
BOTH SIDES OF THE QUESTION.
We take the following from the Ma
ti0xdt Econonm ist: The papers opposed
to the Alliance sometimes exercise con-
siderable ingenuity in disappearing
the demands of the Order. A complete
miscoption of the object of the sub-treas-
ry. for instance, causes the general publ
cation of the following:
ut looks as if it had been devised by
a regular syndicate of spectators. It
gives to the wealthy, the capitalist, op-
portnnities for crushing the poor pro-
ducer that no rings have ever before
dared to ask for. The sub-treasury will
put cotton, wheat, corn and tobacco in
the hands of Spectators. The mechanic
the laborer, the farmer who do not pro.
duce these articles would be compelled to
pay such prices as the syndicate chose. !"
Then the talker took piece of paper and
pencil and proceeded to demon
strate curious problem, show
ing "the power of money to op-
press" under the treasury idea.
He supposed one John Smith to have
800, 900 in cash and to go in for spec
ulation under the operation of the SUBJ
treasury. Smith buys 500, 900 worth of
cotton, puts in the ub-treasury, gets
$4,000 on it from the government, in
vests again, and so on, until Mr.. Smiths
last deposit of cotton will not realize
enough at 80 per cent to buy another
bale. 1t appears from the figuring that
John Smith, with 800, 900 capital to
start with. could, under the sub-treasury
scheme, buy and hold $500, 900 worth Of
cotton for speculative purposes. He
would hold absolutely as long as he paid
the trihing percentage OF interest and
warehouse dues. If the entire product OF
cotton in the United States is worth
$500, 600, 900, it would take only $780,
600, 600 capital to buy and hold every
bale"
The Economist continues: The more
John Smiths the better. under the sub.
treasury plan. Where's, there was only
800, 600 in Mr.. Smiths hands when he
devised his scheme, there would be when
it was worked to its ultimate 100000
among the people and Mr.. Smiths hoard
would be dissipnted. as such boards
should be. As Mr.. Smith can, without
the sub-treasury, carry cotton by putting
up small margin of perhaps dollar a
bale, he is able with the same money to
lock up far greater part of the cotton
crop, and in doing so lock up the
source of money supply as well. The
main purpose of tire sub-treasury being
to get money in circulation, the illustra.
ton above is a nexcelleut one to show how
effective it would be. Mr.. Smith would
have to sell his cotton in the long run to
the spinners. ana the spinners being will
ing to buy from anybody having cotton
IN warehouse. Mr.. Smith could get NO more
for his stored cotton than could any ordi-
nary farmer. He wonld therefore pay for
what ne bought in competition with the
spinners' prices from the farmers or he
could not buy. Did be wish. the plain
farmer could warehouse and draw so Der
cent, IN ! thereby put into circulation
the much-needed money to do the bust
ness OF the country.
~
STARTLING FIGURES
Twenty years ago it was estimated that
the producing classes owned three
lourths OF the wealth Of the nation To- |
QaV only abonf ono fo,,rtb ne IL /