The Pickens sentinel. [volume] (Pickens, S.C.) 1871-1903, 1894-03-15
court is called upon therefore to decide

court is called upon therefore to decide
a mere fancy question without the de.
cision being of any practical benefit to
the State or the opposition. In other
words decision that the old law was
unconstitutional would not affect the
new law. The law has believe been
or great benitt to the people, there Is
much less liquor drunk, we have got.
ten rld or the barrOoms, of night sales
a1d Of selling to habttial drunkards or
m10or3. l for one hope that the re.
venue will never be more than to nav
all of the expenses, whether or not It Is
to te more rematns to be seen. The
present Legislature has been unable to
reduce taxation to any great extent be.
cause the railroads are withholding a
large amount Of taxes due the State and
because of the storm on the phosphate
industry, thus cutting down a revenme
OF 1898 600 to an estimated revenue of
$75 ,0O0, all Of which will 20 to the
Sinking Fund under the terms of the
Act funding the bonded debt. Still the
tax for this year is 1 2 mill less than
last year.
It has been charged that the expenses
OF litigation under Governor Tiliman,s
ADMINISTRATION have been very heavv
Who caused itp CoosaW and the
railroads caused the most of It nv on.
enly defying the State. Should the
state have quietly andtam submit
ted? Governor Tillman has sworn to
execute the laws, he could not under
hlsoath have done less than he has done.
Ii you will refer to the back numbers
OF the (old) Board Of agriculture of this
State thing that you will find that as
much or more money was spent In
prosecuting the case or cases against
the Paclhc Guano Company for the
Deniht of the Coosaw Company by the
Agricultural Department, and not sat.
lsled IN those days with paying large
fees. ! think the State gave fec of
81 900 to one Of the Attorney Generals.
and have no doubt he deserved every
dollar given him.
Having consumed this much time on
State affairs, l now propose to touch
upon national affairs.
favor all of the Ocala demands, |
believe them all to be Democratic, any
measure looking to the relief Of the
people not antagoniStic to the Consti.
tuition of the United States is Demo.
cratic. L believe that all Of these
measures are constitutional. The free
and unlimited coinage Of silver is called
Tor under the constitution Of the Dem
ocratic party, 1t was expected that the
that end, and If it had been put on as
an amendment to the repeal Of the
Sherman purchasing bill it might have
gone through. the one pulling the 9th.
or along as It we're, but in that event
the President would have vetoed 1t. for
he is, and has been for years, opposed
to the free coinage OF silver, and / pre-
dict that If the bill which has Just
passed the House for the coinage of the
seigniorage passes the Senate that the
President will veto 1t. l do not believe
however, that it will pass the Senate.
We want the free coinage of silver onia
ratio Of Is to I. We care nothing for
foreign countries, we are making mon
ey for our own people.
The national banking law is at the
bottom of all of this devilment in Il.
nances. opposition to free silver and to
the government Issuing all of the mon
ey and enough of 1t until we shall have
per capita circulation OF at least $50.
Under that law national banks can
contract or expand the currency at will
they can contract 75 per cenS. of their
issue and some of them have done It,
all OF them have contracted to great.
or or less extent. When the panic oc-
CURED they got Scared and expanded
little. Wall street started the panic
for the purpose of Influencing financial
legislation in Congress, but the thing
got out of their control and 1t took
hard work on their part to stop 1t. In
order to do so, the national banks |
(some of them) expanded their curren-
cy; money like any other commodity Is |
governed by the law Of supply and de.
mand. When plenty 1t Is cheap, when
scarce 1t Is high. 1t Is to the interest
OF every banker and money lender to
keep the government from enacting a |
law to issue and lend money direct to |
ducts, but last summer the national |
and other banks did worse, they pooled
your paper (notes) that you had given |
them and issued as money, clearance
house certificates on it which circulated
until the hard times were over, but 1t
is all wrong, so they say, for the gov.
eminent to do the same thing for the
benefit OF the farmer.
l favor this issue by the government.
We have been shown the practical and
beneficial workings Of such system by
the banks themselves as I above set
forth.
! am in favor Of protective tariff
primarily for revenue and secondarily
PAoooSoAoh
and American manufacturers. The
Democratic (nationaD constitution
calls for tariff for revenue and It ap-
pears that the present tariff lacks 800.
100000 of being sufficient; now instead
Of reducing | favor the addition Of su.
gar, the difference remaining to be
raised by a tax on incomes. The farm
or buys his plows and agricultural ma
chinery cheaper under the present high
tariff than he ever did under a lower
tariff. II the tariff remains the mills
are coming to the cotton. You now
get from a to 4c. per ponnd more than
for your cotton by reason Of these
mills and in addition you sell your sur
plus from your gardens and farms to
the operatives. The profit made from
manufacturing remains with you
where the stock Is owned or to the ex-
tent that 1t Is owned by our own people.
We are just now getting In condt-
tion to reap some Of the rewards Of
protection.
If Mr.. Calhoun, the great apostle of
Democracy, was alive today, with our
hiffaranf nd fok