The Pickens sentinel. [volume] (Pickens, S.C.) 1871-1903, 1892-05-05
Again. With tho national banks

| y.
your land is not regarded as security
Under State banking, real estate was
one OF the best OF securities.
A second complaint is that the coun.
t"y's currency Is concentrated largely ut
certain seasons on Wall street and in
the money centres. This was lmpOssi-
bic under the State banking system, be-
cause the currency was local and LARGELY
confined to the limits of tho State: but
it answered all the purposes for which
the people needed money.
will not stop now to show, by
lur'hcr. argument, how the national
banking system fcccssarily contracts
instead OF ii creasiug the currency, nor
how IT taxes the people to pay the in
tcrcst upon the bonds on which the sys-
tenn rests. 1t is enough for my present
| purpose TO fix upon Republican Con-
| gress and President the responsibility
Tor that system and for the destruction
OF the State banks.
a third and general complaint is that
silver has hocr demonetized. Who is
responsible for this: WhN struck down
this class OF dollars and di.honorcd a
currency which had successfully m liu. .
tanned It's position in this country three.
quarters of century? The answer
again Is that this outrage was consum-
mated by a Republican House, Senate
and President.
a fourth wrong of which we complain
Is the needless aud cruel contraction of
the grccnback currency In the mad and
untlmely Efforts to fOrco specie pay
ments by too rapid strides.
Who Is responsible for this great
wrong upon the debtor class and upon
the masses OF the people? Who con-
trolled the government and established
the policy of RAPID contraction, by which
general and abounding prosperity was
suddenly changed to universal panic and
widespread ruin? The same answer is the
true answcr-a Republican House, a
Republican Senate, Il Republican presi-
dent.
a filth and most just murmur of dis
content comes from farmers. producers
and intelligent laborcrs, because of the
n,ust and discriminating protective
tariff, which, like lcgalizcd theft, is
cnriching one class Of citizens at the eX-
pcnsc OF other classes. Why is 1t, that
the righteous demands of the Farmers
Alliance and Of other industrial organi-
cations Tor the rciOr.l Of these ubiquitous
.arlll laws have not Decn needed at
Was hington? 1t is because the ears Of
Republican lawmakers have bccu deaf
to these appeals for relief. 1t is be-
cause the efforts of tariff rciQrmcrs in
one branch Of the Congress have been
defeated by high Republican officials in
other branches of the government. If
there 20 any answer to this allegation
let the Ohicctot demonstrate its untruth.
n sixth cause Of discomfort is the
stupcndous national land grants and
subsidies which have enriched gigantic
corporations and encouraged cXtravag-
ancc aid corruption in high places at
Washington. The sole responsibility
for this policy also is upon q Rel ub!ican
House, Senate and President.
A seventh complaint Is that while c
every item of property belonging to the
| farmer and the laborcr Is subjected to
taxation, there is no tax, graduated or
| otherwise. upon the princely income of
the rich. who are most able to pay and
who ec,iye larger share of govern
mental protection without bearing a lust
portion of the governments burdens.
Where rests the responsibility for this
condition of affairs? Again the answer
is that a tax upon the incomes was once
imposed, but the law has been rcpcalcd
by the action Of Republican House, a
Republican Senate and Republican
Presidcnt.
Another outcry is made by the farm.
ers and the industrial classes against
the needless accumulation and cXtrava-
CANT expenditures by the government.
Who arc the authors of thls monstrous
imposition upon the country's toilets
and producers? Again the answer
comes with marve llous monotony that
the Republican Congress and Republi-
can President are responsible. During
the recent Congress, when the Senate,
House and Presidency were all controlled
by the Republicans, they not only cx.
pended the 500, ,O00, 900 Of cumulatcd
surplus, but, in scOrnlul defiance OF the
peoples demands for economy and
lower taxes, they loaded us down with
still more yrcviOus burdens Of increased
tarin taxation.
1t Will be seen, therefore, that in this
| long list ot grievances, every ore of them
is char@cabIe directly and solely to the
Republican party in every instance;
without one exception, tho Republican
| party is the author OF each and every
wrong Of which we complain.
On the other baud the constant,
aVowcd and only available opponent of
that party in all these years was the
persistent, reso!utc and indomitahlc
organized Democracy OF this Union.
This is the simple, unvarnsl.cd, man-
swelah!c tru,h. Yet we witness the
painful and astounding spectacle in
Georgia OF Il few would be leaders seeking
to mislcal our people by the unworthy
and uuirulhiul declaration that VIC have
no more TO hope for from the Democracy
than from the hostila Republican party.
Suchsa declaration is so absurdly untrue
that our honest: :rcople will not long be
deceived by it.
will not now dis ,uss the proposition
10 eject United States Senators by
popular Vote; because it requires an
amendment to the Constitution to ac.
compl'sh IL, and is therefore remote:
ana, because there is no immediate ben.
cnC or damage to Tho people, in either
lts adoption or rejection. So far %
our present welfare is concerned. il is
| inn .tnnI