People's party paper. [volume] (Atlanta, Ga.) 1891-1898, 1892-09-30

which recommends State banks. He
says that the money will not be
good outside of Georgia. What is
the trouble with you now? The
money has been boarded at the
north and east. Money has found
it's center there and there it goes.
Do you colored men think, do you
tollers think, do you farmers think
that it would be something in your
interest if you had currency that
did not have to circulate so far
away? Do not you think 1t s. would
be good thing to have currency
that would not go to the men who
are so coyetous that they lay their
hands on everything within reach?
If the currency pays your tax and
grocery bills, what do you care
whether the men in these money
centers want 1t or not? 1t has done
it in the past, am not very old
man and | recollect, and | have no
doubt but there are many men who
recollect when the bank of Hamburg
South Carolina, had credit from
one end Of the world to the other.
| know that it was the same in my
own State of Kentucky.
Mr.. Watson. Will you allow me
to ask you question?
Mr.. Black. Certainly.
Mr.. Watson. Can State make
it legal tender?
Mr.. Black. No, sir, but a State
can throw proper safeguards around
it, like the government protects its
bonds. The State can protect it
and make it legal tender to all in
tents and purposes for buying your
clothing, groceries, boots shoes, etc.,
and what do you care whether a
man on the other side of the Ohio
river wants it or not?
Mr.. Watson. What is your plan?
Mr.. Black. Secure it by bonds
by good municipal bonds deposited as
security-and it would furnish you
with currency practically sound,
practically flexible, and it is a better
currency for all interests than cur
rency secured by the agricultural
products Of this great country that
would flood the country, as | said
elsewhere, with money as thick as
the leaves of autumn and about as
worthless. No man is more inter-
ested in a sound, stable currency
than the farmer, the man who lives
by his toll. Why do you recollect
the Confederate times, when the
money was so thick that men had
baskets of it cotton bags of it
enough in some places, / suppose, to
roof their beds at night, but what
was it worth? You must look to the
character of the money as we'll as to
the volume. And now when my
competitor comes in in his fifteen
minutes reply I want him to tell you
how much he proposes to issue on
the land, how much he proposes to
issue on the railroads, how much he
proposes to issue on the telegraphs
and telephones, and how much upon
the land in the hands of aliens and
corporations. He has been putting
questions to me, and I respectfully
ask him to answer those. He says
in his book that he is going to issue
money to buy the railroads of the
country; he is going to issue notes
to buy the telegraphs and telephones.
Did he ever think what that scheme
would put on you? Thousands of
Federal officers. Every railroad en-
gineer, every railroad fireman, every
railroad train hand, every railroad
superintendent, in a word, every
railroad employee, from the highest to
the lowest. Did you ever think of
that, men, in your sober senses :?
Stop and think of this mad passion
that has come upon the people and
carried them away from their moor
ings. Stop! in the name Of your
wives
Time called.
The speaker took his seat amid
great applause, and some handsome
flowers were forwarded to the stand
for him.
When Mr.. Watson arose to reply
it was the signal for fresh outburst
of applause, which lasted some
minutes, when he advanced and
spoke as follows:
MR.. WATSON IN CONCLUSION.
FELLow-C1rIzENs I feel like
commencing this reply in the words
of the battle hymn of the HUI
guenots-
CHOW glory to the Lord Of hosts,
From whom all glories are
If there ever was time when
anybody doubted that we had got
them, they do not doubt it now.
(Applause.) If there ever was a
time when anybody doubted that
we could behave better they could,
they do not doubt it now. (Re-
newed applause.) I never felt
prouder than | do now at the mag
nlfcent compliment you have paid
me by complying with my request
and treating Mr.. Black with the re-
Snncf In NV hama 4hat did not