The weekly Union times. [volume] (Union C.H., South Carolina) 1871-1894, 1891-08-07

| he CANNED that the Sub-tTcasury bill
mad come 10 the people downward from
the st Louis meeting in q perfunctory
way, and that 1t had gone back to Ocala
and had been endorsed in the same wav,
| with the result and effects not under
| stood by the people, the source Of au-
thori'y.. Applause. ''But will not
deny, he said, that the agitation has
done great good in this broad country of
ours, for it has called attention Of the
world to the fact that the producing
classes are soIcfy oppressed and arc de-
mandlug, crying for relief IApplause.
Governor Tillman then touched upon
the currency question. am, he said. in
favor of n flexible currency. of greater
volume of currency; but maintain that
the flexible currency as enunciated NV
EzfHnxybyaSlSssafJssCI "a, stJ,7KxyheBfNSof'
commodities by static. That, my friends,
fssa fallacy, becau the price must be
regulated by the infiex bic law of supply
and demand
FOLLY OF TUE COTTON STORAGE IDEA
Governor Tiilman said that in case cot
ton got damned up in the warehouses
the consumers would know shat it would
have to come out in time and that lust us
soon rs the quantity was known, which
could not bc concealed, the price would
gravitatc to its normal level. This illus
tratiOn he introduced to show that an ar
tifiCial means could not cvadc or run
counter to IN established law in the com
mercial world. 1t was asserted, he said,
that by spreading the supply over twelve
months the II in price would he pre-
vented and that the evils Of inconStant
prices would be obviatcd. They had,
however, forgotten that by the terms Of
the bill by which the whole could bc
only held for twelve months. ono twelfth
of the crops must he sold each mon h,
and that there was absolutely nothing to
prevent the spcculator from having the
same chance as nc nolos under existing
laws. He would have the same chance
with the sub-trcasury as he now has with
| the people. The Governor held to the
| position that the sub-treasury bill was
class legislation, or, as he put it to day,
"it is n special privilege rather than Il
J right" | admit, he said, that the Gov
| ernmCnt has loaned money, but the right
| for such action is based on the general
| welfare clause of the Constitution, and
not upon proscrptivc or statutory right.
1t will not be denied that any scheme
may take for its assumption of right the
| elastic general welfare clause of the Con
| stitution. which from its very name set
tics no specific right or principle.
! rATERNALIsM IN GOVERNMENT.
| hold again, said Governor Tillman on
| the next branch of discussion, that the
sub b-trcasury bill is fairly open to the
! charge Of patcrnalism. 1t proposes to
concentrate the business of the people in
+ the, hands of a centralized -paS,rs u
j Y1SEhingtop. and this is in absoR 90,
"a - nlBe(lS 3y6vefhs
best that governs least. Applause. In
other words, that there should be equal
rights to all and special privileges to
none. He would appeal, he said, to the
good sense and patriotism of the people
in the majority to aid in the obtaining of
just and reasonable .'aws, instead of the
partisan favoritism shown by the Govern
ment in the maintenance oil national
banks and nursing private manufacture
ing industries. Applause
CALLS POLK \ SOCIALIST.
He characterized Col. Polk's views on
the money question, referring to the Gov
ernmcnt lending money with the avowcd
intent of iniuring other ella scs of bust
ness, as Socialism 1t would amount i'm
the end TO the division of the property of
the people and produce a condition in
whiCn 'ne PioViocht ana inc improvldent
would snare a'ikc.
Governor Tillman repeated here that
the Allilncc all agreed as to a grievous
wrong existing, and that the dispute was
only as to the remedy. He pointed out
as causes Of the burden on the people Of
the South the inequalities of the burdens
laid on their shoulders ms COmDarcd with
tho ,oo,Jo of ,ho Nnr,h o,d ni'a,'.,n
No showed that tho m;ll;nn,;ro omd ,I,o
Moor forn,or wore Tho simml,,no"ms nJ '
nocoseorv nroduct of snch lave H.
thought that there was just as much
hope ut present for getting the sub treas.
ury bill through as there was for the
South being paid for negroes or getting
the Federal p nsions reduced. On the
contrary, he saw disposition to pension
every hummer, whether not he had ever