Keowee courier. [volume] (Pickens Court House, S.C.) 1849-current, 1892-09-15

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need more money, and in deciding
on how toget that increase we have
the following requisites Of. a suitable
currency:
(. /. musc pe safe and sound. Is
sued to the people in their individual
capacity, its basis Gf tangible basis
is used) must be some product OF
absolute intrinsic value, SO that the
people, as government, will run a
minimum of risk and the none. b.
accepted and pass at ,iss. face. value
in any part of tsenatioa@ It must
be a national currency.
z. It must be distributed directly
to the people, giving the benefits and
protection arising from the distribu-
ton to as large class of our people
as possible, who can obtain the bene-
hts by industry.
3. 1t must be flexible, so that the
price of products will be regulated
by the law of supply and demand,
and speculation be eliminated.
That is the plan offered by the
Farmers Alliance, and the sub-trea-
sury bill was the system of details
to carry that plan out, and that has
been treated so contemptuously by a
plutocratic Congress.
The committee show by their re-
port that they are guilty OF either
criminal ignorance or diabolical in
tent ju their treatment of the bill.
They failed to discuss any of the
vital principles involved, even pass
ing by their great unconstitutional
argument, and have only entered
objections worthy of crossroads
politician, that can be answered by
any intelligent Arianceman in the
country.
Their first objection is: eff there
should be a reduction in the value of
the goods after they are stored, below
so per cent, the government you'd
lose; il me value increased the GOV
ernnent would get none of the
profit
How could there be reduction in
the value of goods stored unless over
propuction were possible. Give the
people the ability to purchase, and
the consumption of cotton and grain
would more than double the present
product in the United States alone.
OF course the government would get
none of the profit of the increase in
price; the government does not go
into it as speculation, but to give
protection to the producer and to
get money into circulation among
the people. An advance Of 80 per
cent would accc mplish tl.v saIr.ee i.'lr mr.
pose.
They next Say that it would in
crease the Jurisdiction of the Federal
Courts so As to make them an in
strument bf onnre@.:on &. g. - people.
Rats! 5nder ,h's co,'-Trap:: ra!e 0:
money-r;orshiping ofice-hoders the
Fedora Courts have now unlimited
jurisdiction, and every kind of case
is now taken to them on every con-
ceivab.e pretext. But, they say, the
bill tends strongly towards centroli-
zation and interferes with indicid,tal
,t-eedo,.. "Aye, there's the rub"'
1t takes the "centralization" out of
the hands of our amoney lords and
puts it into the hands of the people
through their agents. The welfare
and posperity OF this whole country
is now centralized in the hands of q
few "money kings" and individual
freedom in business does not exist.
The sub-treasury bill cM centralize
the control of the money in the
hands of the whole people and give
the freest scope to individual free
dom in obtaining just reward for
his labor. That is their main objec-
ton, and they will fight the people
to the death to prevent its enact
ment into law.
The other objections are equally
without foundation, and we will not
take space to discuss them now.
Let them remember that the peo-
pie are aroused and are determined
! OH fair settlement Of these ques-
tions. They are determined that
the integrity of our Republic shall
be maintained. The voice of the
Almighty has spoken in trumpet
tones from Homestead, from Buffalo,
from the mining regions of Tennes-
see and Idaho, from the mortgage
laden farm homes of the whole land,
demanding of the American people
that justice be done, that the wrongs
of the poor be righted, and that the
oppressed be given relief. Gods
commands can no more be disobeyed
by nation than by an individual
without punishment to that nation
He has warned us, and we must obey
or suffer, the punishment of great
national calamity. This is probably
the last opportunity that we will
ever have to settle the matter by q
peaceabIe ballot. The election