The Progress., 1893-08-26


patron encouraging the culture of
cotton by paying in gold for it. And
while South Carolina, under a com
promise, consented to postpone the
assertion of her rights against the
unconstitutional tyranny OF protec
ton, yet she triumphed in this; her
doctrine became the gospel of the
cotton planter, and that gospel is a.
strong and stronger to-day than ever,
for Great Britain still takes IT, lions
share of our cotton. Soc bee tme
then and she holds to-day the posi-
ton as director and king of the cot
ton market, and to-day the lord of
the looms buying cotton any where
does so-by the quotations at Liver
pool.
The State Of South Carolina not
only gave her gospel to the cotton
States, but she gave it to the great
Democratic party of the Union, for
they in their earliest National con
ventions adopted it by emphatically
declaring for tariff exclusively for
revenue and demanding protection,
but as it was then sovereign politi
cal maxim that las goes Pennsyl-
vania, 50 goes the Union;" wise di-
plomacy dictated that the gospel
should be qualified by incidental
protection" and as all know this
qualification created a strong set of
hybrid or mugwump politicians in
that State as elsewhere!
But in the course Of time and events
the sovereign maxim was dethroned
and shattered forever, a1d emanci-
pated the Democratic party from all
interest or respect for this seeming
heresy, and in the last National
convention they had the cour-
age to announce that all protec-
ton, whether incidental or not, was
not only robbery to the poorer aud
laboring classes, but in violation of
the constitution that all have sworn
to maintain in its integrity.
Here for the first time was an open,
fair and manly proclamation of a
revolution in all our commercial rela-
tions with the rest of the world and
then Ia that convention and in the
hustings afterwards we cannot be so
blinded or SO unjust to the leaders
and apostles of that party as to doubt
that, at that time and ever since, they
knew that money was the very soul
of and an indissoluble part of com
merce, and they must have deliber-
ately intended that money must and
would share in tue fate and result of
this revolution.
This revolution swept the Union at
the last presidential election like a
cyclone, and the people are demand |
ing at the hands of the admlnistra-
ton and Congress a redemption of I
their pledges; and their honor and |
honest intentions no one has the right
to doubt
A commercial revolution promised,
and imminent ;money, the soul of COM
merce aud the most sensitive of all
things on earth, is seized with panic
-Gnd the panic is general. Manu-
factures close under the doom hang
ng over then; mines for silver aban-
loned, bringing into life an army of
aborers hungry for bread; every
)ank shivering in the panic close
heir doors to all advances or accom-
lation; confidence in each other de-
troyed and no other cause can be
Olerated a moment but the impend-
ng revolution-and no one is respon-
iible for it but those that proclaimed
at Chicago, and preached it from
very stump in the campaign.
Great Britain extends her hand in
ongratulatlon at our emancipation
rom the horrid iniquitous hybrid of
she triumphs after hun
lred years of missionary labor, and
ellis Us that in all things she is in ac-
ord with the United States, except
he small and insignificant question
s to what shall be the mutual and
ommon standpoint of money.
She appeals to the cotton States
nd tells them of their mutual faith
n which they have struggled in COM