The Brookhaven leader. [volume] (Brookhaven, Miss.) 1883-1891, 1891-06-04

the Io1oed price was 1O.1+15, in July
l0.l5-l6, in August 103
. But let me give the facts as furnished
from the books of a merchant of long
standing:
/, In 1889, the price in November and
December was l04; in April, for the
same quality, it was l24; in May 10; in
August liz.
In 1860, in the early months, il was IOI;
in Macrh lit; in May liz.
/, In November and December 1881, il
was l0i and l04 in May and July it was
IL and III.
! In November and December, 1886. il
was 81 and 81; in July and August it
| was 81
In 1890, in November and December.
it was % ; in the early months, it was 81:
in May, June, July and August it was
r lOi and lO4.
In 1884, in January and February, it
was ~ and 81; in April, May and July it
, was from II to Is.
Owing to the unprecedented large
crop. and the money famine, the year
1871 Is exceptional. In consequence of
the strngency in the money market.
cotton for time could scarcely be sold
: at any sacrifice.
The Senator says "that the price of
l cotton all over the world is fixed by the
price at Liverpool" He might have re-
membered that prices in this country,
: range above or below quotations, accord
ing to the supply of available means.
Il W nat we want Is an American monetary
l policy which will enable us to sell our
crops according to the law of supply
and demand If England is not
willing to adjust her conditions
to ours, let her operatives be
0 thrown out OF employment while cry
= ing Tor bread In consequence of her
selfish policy. If compelled to hold
them in subsection with the bayonet, it
s will be her funeral, not ours.
TARIFF REDUCTION.
The Senator says that his chief re-
a lance for relief from the depression
Q which has been brought upon the in
dustrial interests by imprudent and dis
terminating legislation, is a reduction of
the tariff by which the cost of goods is
e enhanced. We all join hands in advo-
eating It's repeal; or the abatement of
the monster iniquity. But will it suf-
: hce to produce money sufficient for the
I relief OF the people? In 1867, the
tarlf1 was reduced to revenue standard
averaging 20 per cent; and still il was
with more money by the issue of a large
e amount of
:, TREASURY NOTES.
J. In 1857, after ten years of low tariff, an
N other issuance of S20,0O0,OOO of treasury
d notes was resorted to- The average rate
OF taxation under the present tariff is
n % per cent. When it was As per cent.
h Mr. Mills, IN his Tariff bill, proposed to
| on m i
n cent, leaving the average Is per cent.
q Would this reduction give the
A. needed relief, when an average rate OF
\ 20 per cent. failed to afford it?
" Again, the Senator Justly attributes
n the hard'tlmes in part to wasteful and
q. eXtravagant expenditures. The pro-
V. lection robbers have resorted to all sorts
If OF methods OF squandering the public
r. money to provide themselves with an
n excuse for continuing in force the pres
d ent iniquitous Tariff law and in this they
rs have found
j. POWERFUL COLABoRER
1r in the Senator himself, by his votes for
such measures as the Blair donation: the
direct tax refund and the Dependent
Pension squander. How can he expect
- his own remedy of reducing the Tariff
&c ~ to effect that object, if he persists in
!; voting for such extravagant and un.
10 constitutional appropriations? Is it not
~ apparent that the squandering of the
H. public money for such measures, is one
- OF the methods devised by the protec.
=, tlOnlsts to prevent a reduction of the
"a Tariff, which he recommends as the only
w sure relief for the prevailing depression?
h What the people demand and what
: they must have in addition to tariff re-
w. duction and profigate expenditures OF
=. money raised by taxation" is an increase
Il OF the circulating medium. More money!
- You may jeer at and reject the Alliance
- plans If you will. You may utilize gold
~ and silver bullion to the fullest extent,
= and heaven knows, | have labored for
n it long and faithfully, still the cry will 60
II up from the starving industries
n MORE MONEY,
a The DEGREES of plutocrats and million
n aires cannot always prevail against the
n voice of the people, for this is a govern
e ment OF the people, for the people and
e by the people 1t is for Congress, acting
by their command, to decide how this
need shall be supplied. will, in my
feeble way, make this demand of the
people for recognition of their rights
IS against all corners. The contest is not
for day, nor month, but until the
l. victory is won. The workmen may
fall but the work will 60 on. What the
q people demand is absolute money paid
4 upon secure basis, unmeasured by the
! selfish schemes of trusts and combines
# proportionate to the needs of trade and
! lcommerce-money for the plowholder
o as well as the ondholder-money for
:, the toiler in his workshop, his farm and
n his cottage as well as for the millionaire
d in his palace and his temple of man.
g mon.
, One of the most creditable observa-
n tons made by President Harrison on his
; extensive tour was his remark at Omaha
q lit correctly reported-that he deeply
|, regrets the displacement of Governor
: Boyd, of Nebraska. He regarded it as
@ Indeed unfortunate for the Republican
i party that the necessity arose for the
displacement of a Democrat elected by
the people by court constituted solely
of Republicans" A lawyer, said the
: President, ''is quick to perceive. the JUS
S tice of legal technicality, but it is quite
e a different thing to impose upon the
people the equity of tcehnicality which
e practically DISTINGUISHES the popular
/