People's party paper. [volume] (Atlanta, Ga.) 1891-1898, 1892-09-16

ing out the whole thing root and
branch. What else? Laws to pre-
vent gambling, to prevent trusts, to
prevent the creation of trusts to rob
the tobacco and cotton raisers of the
South; to extort from the corn and
wheat raisers of the west, etc. That
is all there is of Mr.. McKeighan's
position, and we will not quarrel
with him about it. Why? The essence
of the sub-treasury is practically in
the adjustment of the national banks
and the issuing of money directly to
the people.
Now the question is how to get
money out to the people? Mr.. Nc
Keighan does not propose a method.
We say, however, not out through
the national banks, but on cotton, on
corn, on wheat, on any other sound
collateral, SO that every man through
the State shall have a chance equal
with the banker. Great applause.
He says that our warehouse plan
will not do. When did we say that
the warehouse feature was an essen
part of our plans? That is only one
of the details. That is a question to
be discussed in Congress. If you
meet US in the spirit of concessions;
if you concede the great idea of Nc
Keighan that money shall be issued
directly to the people in proportion
to the business wants of the people,
so that the laborer can pay his debts,
the farmer may lift his mortgage-if
you will but come to the great idea,
l say, we will not halt and bubble
over details. Meet us in that spirit,
and we will arrive at some fair bust
ness method of getting it into the
hands Of the people instead Of
through the national bank mono
poly.
The people are suffering from enor-
nous Indebtedness; it continually
takes more Of their labor to pay these
debts; the face Of the poor has been
ground more sharply every year.
The essence Of the eternal principles
| teach is that we shall have money
system that will have regard for the
poor man as well as the rich !; that
will help the white laborer as we'll
as the black; the humble as well as
the proud man, and the favor of God
Almighty is as strongly in it as it
ever was in any God, given truth
since the world was made.
Time was called and Mr.. Watson
took his seat amid tremendous cheer
ing, which lasted fully eight minutes.
Major Black was about to commence,
when Mr.. Watson asked the priv
lege Of making personal explana-
ton.
1IR. WATsON's EXPLANATION.
Under the provocation of having
that Corbin bank matter thrown at
me, I made a reference to Phinizy &
Co., Augusta, which possibly might
have been misunderstood. | regret
that matter came up at all, be-
cause it is a private matter, and ]
call you to witness that / had to say
something-it was so Extensively and
falsely thrown at me. All | have to
say is that I did not mean to init
mate that there was anything what.
ever wrong in the Phinizy q Com
pany mortgage. It was fair debt.
| procured Landsdale that loan my
self. The mortgage is on the land
yet, I bought the land at private
sale, and Mr.. Landslide is one of the
strongest friends I have day, and
so far as I know, makes no com
plant against the Phinizy Company.
and we would never have heard of il
if it had not been drawn cut. I will
say further in justice to Phinizy &
Co., | believe them to be fair, honest
men.
A voice. Too late, Tommy.
A gentleman in Mr.. Blacks cor
ner. Hush up, I'd be ashamed.
Cheering was renewed and the
friends of both gentlemen We'd with
each other in shouting Hurrah fol
Watson! Hurrah for Black!
MAJOR BLACK IN CONCLUSION.
FELLOW CITIZENS Il must ask
your indulgence. It is impossible
for me to speak to you at all unless
you preserve the most absolute quiet
It is difficult in fifteen minutes tc
answer a speech Of an hour and a
half.
shall call your attention to some.
thing in my own public record which
Mr.. Watson. saw fit to allude to, and
that is about these Bullock bonds
He seemed to think that it was with
some temerity that I voted to pay
certain bonds while q member Of the
Legislature aftar Bullock and his leg
islature had been wiped out Of
power; bonds upon the face Of which
honest men had expended THEN
money. Now, [ have the record
here before me, and it is open to the
inspection of any Of his friends
The fact Of the matter is that the
Legislature, after the true people
came into power, said that such and
such were valid, and such and such
bonds were not valid; bonds bought