The progressive farmer. [volume] (Winston, N.C.) 1886-1904, 1891-11-10
RALLY AT
WARRENTON, N. c., Oct. 10, '91.

49, HOO1-O ~
ment that Senator PETER, resident
Butler and State Lecturer Bell would
be in WarrentOn to-day caused the
good old town to be filled with ALI
anCemen.
The speaking took place in AIRING
tons large warehouse, now controlled
by those clever and popular gentlemen,
Messrs. JOS. E. Magee and w. a. Bur
well.
Our people were disappointed in not
having Senator PETER with us, but
were delighted to welcome Hon. Th0s.
NJ, Norwood. of Georgia. Bros. Bell
and Butler were with us. and left very
few. if any, doubling Thomas"
The hour having arrived for speak
ing, prayer was offered by of War
ren's native sons, the Rev. Geo. Duke.
Our County Lecturer, Maj. w. c.,
Drake, made the address of welcome
and closed by introducing
SENATOR NORWOOD,
who spoke in substance as follows:
Ladies. Gentlemen. and FeUOjU-C Oun-
trynleD::
4 am before you to-day as one who
is not an Allianceman, but in full sym
pathy with your Order. l am a law
L Cb1LO Ol1S1ClO1O 14OO C1lS4O1C ~ 1A1NlA1
bership in your Order. But | feel it to
be my duty to contribute something to
the help of the people. The white PEG
pie are fast being driven into a con
ditiOn of slavery worse than the slavery
of the blacks. Not simply a slavery
of manacles and letters, but of mind
and soul, and by those who are not
our SuperiOrs, if u equals. There
must be a remedy and it must be sup
piled speedily. This condition has
been going on twenty-five years, and
all can see and feel it. | will now pro
coed to discuss what | believe to be the
remedy.
i am here to consult, to advise, to
see if there Is not some way to lift Our-
selves out of this mire. [ have tried
to find a remedy that would avoid the
objections raised by many. My propo
sitiOn is this. 1t has three cardinal
principles and objects:
Il. An increase in the circulation.
There is no differing on that point; We
all desire that. Some one has compared
the circulating medium of a country to
the circulation of the blood through
the body. If the blood becomes con
gested, then disease follows. There is
congestion in this country to-day. If
LIT - L DIJON CIIOClSL, VIC uOLI T. SFC
it. But we intend t have it. TAp-
plause We intend to have plenty of
circulation. Applause
Now when we get this circulation,
the question arises how shall we dis
tribute it? If we have increased circu-
latlOn under the present financial sys-
tenn. it will be only temporary relief,
and the money will soon be absorbed
by Wal street. How are we going to
keep the money among the people and
remain the same per capita? My plan
Is this:
Congress shall determine what
amount is necessary for the people. let
it be $50, $40 or $50 per capita. Then
Congress shall direct the Secretary of
the Treasury to prepare legal tender
notes, which shall be legal tender for
all debts and dues, except duties on i'm
ports. | would have the duties on i'm
ports paid in gold, in order to bring
gold into the country. The legal tend
erS shall be in amount added to the
existing amount, sufficient to make
whatever per capita Congress shall de
termine upon. To illustrate: Say
North Carolina has two million of in
habitants; at $50 per capita North Caro-
lima would have one hundred millions of
dollars. Now we will suppose that
North Carolina has already thirty mil
lions of dollars in circulation; now that
will leave seventy millions to be sup
piled by the Secretary Of the Ire sUry
in order to make $50 per capita. We
find out the amount in circulation and
then add treasury notes in amount
sufficient to make $50 for each man,
woman and child. How are we going
to distribute it equally? Some North
ern States have 5000 per capita. We
can't reduce their circulation, because
it is their property. They got it by
leans most fOul-got it by forms of
law, and we can't take itfrOm them.
MY proposition is that each State
shall be allotted of these legal tender
notes an amount sufficient to make $50
per capita That each State shall be
allowed to draw that amount from the
treasury Including what she has al
ready in circulation for the use of her
people. Some will ask, suppose this
currency is distributed among the PEG
pie. how can we hold it? 1t will go
right back to the North, to Wall street,
and they will be richer than they were
before.
1--WE a hold it. How? By each
State becoming it's own banker each
State lending that money to it's Owl
peopIe-each State lending it's money
to us.
Establish a bureau of finance and
let them take security. State lending
money e~xtraOrdin 1ry position! Grant
it. Let me ask in the nam9 of God if
these are not extraordinary circum-
stances. Don't we need heroic treat
ment? And we have been reduced to
these circumstances by those who call
themselves our brothers.
"An we ask is justice-that we be
put upon equality with other classes in
the great struggle for existence. EQUAL,
ity for au-favoritism for none. State