The Manning times. [volume] (Manning, Clarendon County, S.C.) 1884-current, 1891-05-20

with the money. Let Wall street
man become a farmer and he will make
the same demands we are making.
What are you farmers going to do ii
YOU don't discuss the finance? There
is only one hope for the finance of the
country and that is for the man who
hasn't got dollar to get Control. The
time has come when you must send
men to Congress who will represent
your views. There are Democrats and
Democrats, and if one don't suit you,
try another
Every dollar ought to be legal tender.
A dollar that is good with the bond
holders ought to be good anywhere.
The next demand of the Alliance is
that the circulation he increased to 500
per capita. There is good reason for
it. 1t now takes more OF our products
to pay the debt than it did IN 1860
when the debt was over two billions of
dollars. Ignoring of the peoples inter-
est with immunity makes those IN con-
troll of affairs bold. They can run gold
up to suit themselves Some men say
we don't want the free coinage OF sill
yer. 1t will increase the currency, and
will make the bonds easier paid. Over
a billion dollars is to be paid in fifteen
years. Free silver to pay it will benefit
g., 100000 people while a few will not
longer get the chance to enrich them
selves. There is every reason why the
currency should be extended and
the control of the currency taken
out of the hands of few. 1t will in
crease the price of everything and
that's what we want. Gold is the best
money now because it pays all debts
public and private. Silver can be
made to do the same thing.
They say the government is not a
pawnshop. I don't know why. It
boards up all the gold and loans money
On bonds. If the government loans
money on bonds I don't see why it
can't lend it to US on land. / believe that
the United States government ought to
control all the circulation. l don't ap-
prove OF a single dollar that is not
guaranteed by the government, and
tnen We demand that it should circu-
late to the advantage of all men. Why
can't land be used to distribute the
money as we'll as bonds and securities ?
John c. Calhoun wanted to know why
the government charged the people for
money when it could extend it to them
direct on land basis. There is so
much money in circulation that it can't
be redeemed by gold and silver. This
government doesn't need gold behind
her currency. This is the grdndest
nation God lets the sun shine on, and
when 1t says greenback is worth SOU
every nation will accept as such. Some
smart alecks say that the demands OF
the farmers are unconstitutional, that
they are for class legislation, &c. How's
that, when only one out Of every $4,000
people get the benefits of the financial
policy of the government? The goy-
ernmet is pawn shop. 1t is a storage
house to-day. If it is this way for one
why not for another? When the money
is distributed direct to the people IL
will become the servant and not the
master. National banks were estab-
lished as distributors. We offer to dis
tribute it by giving our lands as secur-
ity.
The sub-treasury scheme is not in.
tended to increase the circulation. 1t
will make a flexible currency. There
are three points of this question to dis
cuss.
l. Is there a necessity for that flexi,
BILE currency?
2. Is the basis for that flexible cur.
rency sufficient?
8. Will it cure the abuses that we
complain of to-day?
am ready to answer any question
that may be put to me. 1t should be
that the amount of money in circula'
ton and the amount of produce tor
sale keep pace with each other. II the
circulation keeps up with the amount
of produce there will be stability OF
price. That's why we need and why
we want a flexible currency. 1t will be
good for everybody but the speculator
The merchant and manufacturer are
not to blame for the fluctuation In the
price of goods. The average fluctua,
tion in the price of goods for sixty
years has been 40 per cent. We hold
that we can make flexible currency
by farm products as basis.
"What number of officers will the
treasury create?" asked q man in
the audience.
"The alliance demands will not create
a single appointive officer. They will
be elected by the people who will also
decide where the sites of the ware
houses shall be-" The principles of the
sub-treasury will live forever. Is the
security we offer good? It's not gold
but 1t has a gold value. If the govern
ment can make a money basis out OF
bonds it can do it out of corn, cotton
and other products. The sub-treasury
| is on the same plan as man who Owl,
bonds. There is no difference. 1t is
the power Of the government to dis
tribute money. Give us flexible cur.
rencv without a warehouse and we will
take it and drop the warehouse part
When the interest of the farmers Is ad-
vanced that of the lawyer, merchant
and doctor is advanced. The newspa-
pers have never done the sub-treasury
Justice. They have never discussed
the principles OF it and say it is fool
lShDeSS.
am here to educate the lecturers to
place before our organization our de-
mands, and I am organizing to DO IT.
The discussion of these questions don't
hurt anybody. Our order is the grand
est organization on the earth because
it has absolute truth for its notices.
The speaker said when the Democfatlc
party refused to listen to the demands
of the people it would lose one humble
voter.
Major Terrell advised his audience
not to fall out with the newspapers toI
fair criticisms. We have the lntelll'
gence to open up their sophistry
When the press seeks to break up oul
organization and does not want to dc
right then YOU can turn upon it in your
wrath. Malicious newspaper attacks
destroy your best efforts. When they
get down to SANDER they are too dirty
to handle. He also advised them not
to entertain prejudice against men OF
other avocatlons.
The exercises closed with prayer by
tho pov A Clifton