The Newberry herald and news. (Newberry, S.C.) 1884-1903, 1893-09-06
GOVEHNOE TILLMAN TALKS.
A Stay Law and An Extra session of the
Legislature Among the Possibilities OF
the Near Future.
Snecial to Atlanta Constitution. |

Special to Atlanta CONSTITUTIONS.
COLUMBIA, S. ., September. L.
Governor Tllluan tonight gave to a
State reporter d most sensational in
| terriew concerning the tendency of fl
| nancial legislation in congress.
After threatening, if the money panic
gets worse, that he will call the legisla-
| ture in extra session 10 enact stay
law, he says:
! NV judgment is that the repeal Of
! the Sherman law, if done 1T the de-
mapd of Wall street, cannot and is not
going TO restore confidence and produce
anything like prosperity. SO far, the
South has suffered but little. In the
northwest, where have been, they
are in the throes Of financial dissolution
almost | have not thought much
about the proper method OF restoring
confidence. Our people are ali satisfied
with the currency as it is-gold, silver
and paper currency, as they now are
and they wish to keep the three to-
gether. The condition of things only
shows the viciousuess OF the financial
policy adopted by the republicans, and
now being perpetuated by the demo-
Gratis. The currency of the country
will have to be decentraliZ d, and put
| out of the control of few hundred
capitalists and bankers in New York,
| Boston and Philadelphia with power
! to contract and expand the curI ency at
will. The only way see to accomplish
this is by issuing fiat money so
called. They are now fighting to re-
duce the metallic currency by oue-half,
by making gold standard. It's the
most gigantic scheme Of robbery ever
attempted and the people ought to rise
in their might and put stop to it,
causing it all, if it is necessary.
THE cry is that we are entitled to as
good currency as anybody else. Well,
no currency is good at all times that is
not based upon one coin. They destroy
the debt-paying power of the one-half
coin for the benefit of the debtholders
and capitalists and then tell the bank
rupted people, who contracted these
obligations under the bimeta!lic stand
aid, that this country is entitled to as
as much money as any other country
The panic crisis is serious and cannot
foretell the future"
In conclusion the Governor, after q
brief reflection, made use of the follow =
ing language:
"They object to silver as fiat money;
they object to silver as dishonest
dollar; they demand gold to become
the standard Of the country, although
it means tifty-cent wheat and six-cent
cotton, and the loss of the titles Of their
homes by millions Of American farm
ers. told the ring in this State in
1889 il was dauming up the water
when the demand for reform was re-
fused in the State convention. now
make the prediction that a ssmilar
crisis is approaching in national affairs
and the tloodgates Of the peoples wrath
will be swept from the face of the earth
in the next presidential election. The
farmers will not be pauperized to salts
fy the greed ofthe Wall street shylocks,
without exercising the ballot to redress
their wrongs. There is lots of drift
wood in congress, and men who have
betrayed the people in the fight against
silver will yet learn that the people are
not such fools as they think they are"
THEY ASK FOR A STAY LAW.
| COLUMBIA, S. c., September 1.-The
| farmers are becoming alarmed at the
likelihood of having to market their
cotton at present prices and today the
Mechanicsville Alliance unanimously
adopted the following:
"Whereas, The money sharks and
goldbugs have contracted the volume
of money so that there is practically no
money in the country to move the
| cotton crop: and,
"Whereas, Congress does not seem to
intend to give the necessary relief 10
time to save US from bankruptcy;
therefore, be it
"Resolved, That We earnestly appeal
to the Governor of South Carolina to
call en- extra session Of the Legislature,
not later than September 18th, to pass
stay law on all debts falling due on
or before November 18th, so that we
may be enabled to pay our debts with
out bankrupting ourselves and starving
our wives and children.
Resolved, That under the present
condition there is no way whereby we
can meet our debts without sacrificing
our homes and property, which we do
not propose to do. Take our lives, but
do not starve our wives and children" "