Oxford eagle. (Oxford, Lafayette Co., Miss.) 1876-current, 1892-08-25
A Strorl Letter From Senator
Ilsham G. Harris CT tennessee,
on the PaiitieaI Situation.

Col. VIM. II Carroll, Chairman
Democratic Executive Com
mittse:
dear Sir-A business engage
ms1t makes it necessary for me
TO be absent from the State for
the next two or three weeks,
when | will return TO Tennessee
and take such part ia the pend
ing political struggle a. | may
be able 10 do. But before going
I want to say that in my opinion
no political contest has been
fraught with more serious CT in
portaut consequences TO tho
country or 10 the interests OF
the people than the one now
pending, feeling absolutely con-
ident as I do, that practically
and in its results it 10 q contest
purely between tha Democratic
and Republican parties, that
Grover Cleveland or Renjamin
Harrison, one or the other, vii
be the next President Of the
United States, and Turusy or
winstead will De the next Gov
ernor of Tennessee.
The snccess Of the Repubu-
can ticket means the Force bill,
under which Federal bayonets
viii hereafter control the cleo.
tions in the States. II means
the perpetuation Of the highest
OF high protective tariffs, under
which hundreds of millions OF
dollars are annually transferred
from the earning e of g. GOO, 900
of people to the pockets of a
small number of CAPITALISTS who
own manufactures.
Il means contraction Of the
volume of money, which brings
Distress, il not ruin, TO the debt
or class and increases the wealth
of the capitalist and the creditor
class.
II means class legislation in
all of Its forms, and 4 total dis
regard of tina reserved rights of
the States to control their own
local affairs in their own way
without the Interference OF Con
grsss or other States or peoples.
In the irrepressible conflict
between the interests of capital
and labor 1t means that the in
terests of capital shall be pro-
noted at the expense of labor.
The Republican party has
shown by it's action, IS well as
by its declarations, that it is not
only the friend, but the obsdi-
ept servant Of capital.
In obedience to the demands
OF capital it gives the manufac-
turer all the protection he asks.
Upon the demand of capital il
dsmonetized silver, the inevita-
bic ultimate effect of which
must be to reduce the volume
of money in the country to one.
half and to double the purchas-
ing power OF the remaining half
Upon the demand of capital
the circulating notes of State
banks were by that party taxed
out OF existence in order TO give
the national banks the monopo
ly of furnishing the paper cur,
rency OF the country. and the
reeult shows that while the
State banks furnished in Is
Southern States good eiEcula..
ing paper amounting IN 1860 to
s14,0o0,0c0, the national bank,
furnished in the same States
In 1880 only sis, 900 600.
Labor is depressed because o.
the constant declining prices o.
all the products of labor,
Toll as the farmer or mechanic
may, in his fields or his shop
from the first to the last of ths
year, he finds himself no better
of on the first Of January thar
he was the year before, aud MOI
thoroughly understanding VIII
it is so he. naturally in the IN
rest, If not the desperation o
the situation, 10 ready to adop'
any expedient that promises re
lief.
Let me suggest that the rea
reason for this depression il
two fold. First, . high pro,ec
tive tariff has; for thirty years
transferred hundreds of million
of dollars annually from th,
earnings of the producing class
es to the pockets of the protect
ed few. Such q dram upon an,
class or any section long con
tinued must make il poor.
And second, the eirculatiu,
notes of State banks were take,
out OF existence and silver de
moEstized, and the great Dull
OF the money that remain
boarded in the money center,
aud IN the treasury. So that tn,
rural districts and produeiu,
masses are trying to do busi
mesa on less money than the,
ever had before.
Bat in q word, without goin,
further into details, these Re
publican policies have brough
great and serious evils, If no