The Daily Texarkanian., 1894-08-08
P0PULIST BILLS.
Most Injurious Measures to the South
and Southern Interests Intro
dueed by Populist.

I
and Southern Interests Intro
duced by Populist,
There are four bills, introduced in
this Congress by Populists, which
would, if enacted into law, do more
harm to the people of the South
than any measures ever proposed in
Congress, unless we except the
force bill and condscation bills which
were introduced soon after the
close of the war.
House bill 1886 by Mr.. Hudson, a
populist provided.
That all pensioners for service
in the Federal Army and Navy
during the war may receive il
one payment ten times the annua
amount of the pension.
This would cost the government
this year 81, 5OO,O 900, 900.
House bill 1896, by Mr.. Davis,
POpulist from Kansas provides.
That the mortgage debt Of any
mOrtgagor of real estate used as a
home or for support, shall be paid
by the United States where an APP
praisement board finds the estate
to be worth the full amount of the
mortgage, and the debtor shall be
allowed to redeem his property
from the United States within
twenty years by paying an interest
OF l per cent per annum.
1t is estimated that this would en-
able persons to get money of the
United States for twenty years at
l per cent interest to an amount
exceeding $12, 900, 100000
The rich and influential owners
of real estate in cities would be the
first benefciaries, and the govern
ment would become bankrupt be
fore the farmers could get any ben
eft from the act.
House bill 3438, by Mr.. Davis, pop
ulist from Kansas, provides for.
Granting a pension at $40 to $25
per month to all soldiers or sailors
of the Union army and Navy in the
late war, and also to widows and
minors; this to be in addition to dis
ability pensions granted under
present laws.
The Commissioner of pensions es.
Inmates that this bill would increase
our annual disbursements for pen
sions to $4O6, 900, 600 for the coming
year
House bill 6767, by Mr. Davis,
Populist member from Kansas, di-
reefs the immediate enlistment of
500, 600 men, to be fed, clothed, paid
and provided for the same as the
regular army; said army to be EN-
ployed on works of public improve
ments, canals, rivers and harbors,
irrigation works, public highways,
etc.
AS the present army of 1000
men costs over 1923, 700, 600 year,
the cost of simply the clothing, food,
pay, etc, Of this proposed army OF
500, 900 men would probably exceed
$474, 100000.
If these bills should go into effect
it would require the disbursement
this year by the United States gov
eminent of $14, 434, 900, 900, which
is more than forty times the entire
income of the United States, and
as the entire amount Of gold, silver
and paper money circulation of the
world is only $10,O37, 569, 900, the
proposed expenditure this year by
these four Populist bills would be
one half greater than all the money
in the world, And yet these bills
are only few of the many imprac'
ticable measures which the Popu'
lists in Congress have prepared tc
have enacted into law.
The only possible way to RAISE
this stupendous sum would be by d
direct tax, and as the Constitution
provides that direct taxes be APP
portioned according to population
the amount Alabama would be re,
CURED to pay this year would be
1850, 100000. This would be about
double the assessed value Of all the
property in that state. 1t is very
clear that the passage and enforce
ment Of these bills wonld bring
bankruptcy and ruin upon all the
people in the South.
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Attention!