davidaulloa/AmericanStories huggingface dataset:
The advocate., 1894-05-30

and through that the properties and
welfare of the people. The money
power, Of course, consists in the power
OF certain men, centers, and sections,
to control the currency. To control it
they must have it. 1t is much easier
to get possession Of a limited currency
than larger one. They can control a
gold currency, but currency of both
gold and silver would be burdensome
and unwieldy, while a currency from
state banks would be a ''Wild cat' in
convenient to handle, and currency
based on land would be an elephant too
large to handle. Hence, being exceed
ing anxious to have these men, centers,
and sections control the currency which,
OF course, they will do in our interests,
we reduce it to compass that they can
control, we narrow it down to the gold
standard. Hence, as to the state banks
and the loan on land, we will none of
it; hence, some years ago we demone-
tized silver; hence, quite recently we
repealed the purchasing clause Of the
Sherman bill. AndnoW, having brought
the currency down to a portable shape
for these men, Centers, and sections,
we rest content in a good work well
done, while the money power is happy
and ask for nothing more, except to be
delivered from the Populists." What
more could we do for them since we
have done all they ask and all that is
within our power to do in the premises?
True, we have not yet given them our
property and the products of our labor;
we have simply given them the power
to take it in legal way.
But is there any great good sense in
a people thus voluntarily and of malice
aforethOught placing themselves at the
tender mercies of a monetary power of
which it is said it has no conscience?
Is there a man on Wall street to-day
who would not tomorrow clean out his
best friend of all he had, if he could do
it according to the improved methods
and ethics of that street? Then why
should the people expect any better
treatment from monied men every
where if they give them the power to
control the currency of the country,
and through that the power to control
their property and welfare? Why
should the West and South give the
East this power? Why should any
part of the country give the money CEN
ters this powerP Why should the peo-
pie at those centers give comparatively
few men among them this powerP
AS the matter now stands, the people
have no currency, except as it is doled
out to them by the money power from
the money centerS and sections, and on
their own terms. And the thing is
bound to go on from bad to worse since
silver has been knocked clear over the
ropes, and we are not to have state
banks, neither loan on land. They
tell US blandly and with a warm shake
of the hand, "My son, there is plenty
of money in the country-a precious
sight more than there will be a month
after you Populists come into the
White House-the banks at the East
and in the money centers are full of
it," Even so. But so far as we are
concerned, it would be as well in
The advocate., 1894-05-30

item, while the money power had not
been heard of. The government was
administered with view to the farm
er's interests. The only breaks up to
the war was tariff for necessary rev.
enue which encouraged manufacturers
to. that extent, and on which Jefferson
perhaps looked with disfaVor, and one
United States bank which Jackson
sat down on. But with the war began
quite different state of affairs. The
war itself built up considerable
money power. Since the war the whole
tendency has been to build up the
upper stratas and this money power.
In the natural course of things the
upper stratas would have become too
powerful and thus ultimately destroyed
the equilibrium between the different
stratas which is necessary in a strong
and prosperous state, for it is well
known that man can accumulate
money more readily any other way
than on the farm. Indeed, it is an OBJ
served fact that the farmer never be-
comes a millionaire until after he has
made his money some other way. 'Tis
on the principle that teacher never
gets rich till after he quits teaching.
Then if this is the natural tendency of
things, the result is inevitable if the
tendency is aggravated by govern
mental legislation in the interests of
upper stratas and the money power.
This repeat has been done persist
emily since the war, until now we are
told by both democrat and republican
that the money power is so great that
it can throw the business interests of
the whole country into all manner of
confusion, if only it has a slight attack
of "lack Of confidence" In our pres
ent trouble we see what the money
power can do for us in this way. And
the query suggests itself, if this power
has done this for us because of lack
Of confidence resulting from what the
democrats might do, what would be
the result if there came into power a
third party that was sure to do some
thingp They retired the currency be-
cause of the democrats; if a third party
came into power would they pick up
the currency bodily and walk over to
Europe with it leaving Rachel bereaved
indeed? The money power could do
this, and doubtless would in the event.
Indeed, our money masters offer this
ultimatum: Continue the republicans,
who will do all we want them do, in
power and you may have the use of
our currency, otherwise we hole it up,
and take it over to Europe. Put the
democrats in and you see what we
have done for you. Put the diabol-
ical Populists in and we will do much
greater things for you. We will show
trick worth a dozen of this one.
Then what shall we do to be saved,
or is there any salvation for us? Shall
we tamely submit, or shall we make
bold break for liberty while it is yet
possible by ballot and in the law and
order wayP If we submit, then things
will move swimmingly on to the des-
tined end. The money power will con-
tinue to grow stronger, and the resis-
tive power of the people less, as in our
present predicament, not only the
The advocate., 1894-05-30

ministered, just so the farmer and Pop
ulist are left out in the cold, for it will
have been observed that the regulation
democrat and the regulation republi-
can will coallesce every time and every.
where against the Populist. Hence,
the regulation democrat, while he
would be most glad to attribute the
present trouble to republican legisla-
tion, refrains from doing so because of
holy horror of encouraging the Popu-
list; and he, too, says our troubles come
of "lack of confidence" with the
money power.
Of course, one purpose in this is to
show that the farmer has no special
cause of complaint against the govern
ment as administered by the old par
ties, and that, therefore, he has no oc-
casion for going off into a third party.
But it strikes me that in steering clear
of one rock they have run upon the
other. In showing that the farmer is
not too poor, they have shown that the
monied men are too rich and powerful.
In attempting to show that there is no
occasion to legislate in the interest of
the farmer, they have shown that it is
suicidal to legislate further in interests
of the upper stratas and the money
power growing up out of those strataS.
And in doing this they have shown the
eminent appropriateness of a third
party, unless one or both the old par
ties radically change their way. OF
course, they didn't aim to do this, but
they have done it all the same.
We will hold them to their agree
ment that our trouble comes from a
"lack of confidence" with the money
power, which thing we may readily do
since they have proclaimed it from the
printing presses Of the land, and acted
on the idea in congress. AS we have
said, there is a good deal of truth in
the argument. Indeed, the whole fact
Of the case seems to be this: In long
process of legislation for the upper
stratas the farmer has been debilitsted
and money power built up, until
finally the farmer is unable to pay his
debts to the manipulators and continue
buying of them. This soon put the
manipulators in bad shape, for it ne
cessitated that less be manufactured
and mined, and fewer goods bought by
the merchant. And if they had in
volved themselves in any way, they had
to look to the money power for the
money that ought to have been coming
in from the farmer and other con-
sumers. Under such circumstances it
was very important for the money
power to have confidence enough to
loan them money. When this power
"lost confidence" refusing to loan and
calling for what had been loaned the
result was inevitable, since the farmer
as a consumer was not in a condition
to help them out. Of course, if the
farmer had been in a healthy condi-
tion, the merchant, manufacturer and
mine.owner would not have cared a
hooter whether the money power had
confidence or not, for they would have
been getting in all the money they
needed from the consumers, unless of
course they were operating on bor-
roWed capital. Those who operate on
Watauga Democrat. [volume] (Boone, Watauga County, N.C.) 1888-current, 1894-12-20
Nj. Carlisle and Wall street.

I Mr.. Carlisle is the first Secreta.
.ty Of the Treasury since the war
who has tried to act independent
" Of Wall street. He has prepar
ed a good scheme oifinance with
out consulting Wall street. tfhis
banking scheme becomes a law.
the government win not have to
pay the freight ON gold from San
Francisco to New York, or from
New York to San Francisco, to
suit the bankers whenever they
wish to have It transferred. Even
now, although the bonds Of the
Government have been foId:only
a couple Of weeks. the gold n.
serve has again been depleted.
The Republic Of France is about
to issue $4O,OOO,OOO In bonds
early in January, and the gold
gamblers are again at work ex-
tracing from the Treasuryinor-
der to invest in French bonds the
same gold that they put in the
Treasury q couple of weeks ago,
in exchange for United States
bonds.
A greenback or fisherman note
Is almost as scarce throughout
the country as hens teeth. They
are all owned and carefully hoar.
led by aankers, and with them
the gold can he withdrawn from
the Treasury whenever the gold
gamblers desire. The Carlisle ban
king scheme will stop al1 Of this.
|. would make the Treasury. De-
partment merely an arm Of the
government. and not the greats
est bank Of issue in tie world, ~
lit is at the present time. 1t would
dissolve the partnership that has
40 long existed between the Tlsa.
sury Department and Wallstreet
and only give the Treasury such
power over the currency az to
guarantee its safety. Scarcely
any American citizen would be
willing to let the governments
notes go to protest. Every citi.
zen desires the government to.
pay it's debts. Just as long as
the present conditionsexist Wall
street can compel the govern.
ment to isstie bonds, butwith the
Carlisle scheme a law the 'freasu.
rywill beindependent. Il remains
to be seen whether Southern and
| Western Democrats are going to
place themselves in a position to
he held reponsible by the people
VI the country tor further issue Of
bonds. st. Louis Republic.
Watauga Democrat. [volume] (Boone, Watauga County, N.C.) 1888-current, 1894-12-20

l-- If
Richmond DispatclE TIE
Confederate " ho possesses
4 parole issued at Appomat-
tox lins il thing which money
cannrt bny;; a thing which he
wants handed down to his
latest posterits. And t h 9
Federal soldiers hold Appo-
mattox ns tleur. There, in
deed, were the very nohlest
qualities Of both armies man
ifpsted There the AMERICAN
soldier displayed himself to
the best advantage. Yes, We
say 1.-THE government is TO
rnnkeany further purchases
Of fields let ii consider the
clnin,s oi Appomatt0x, and
Nv SO doing it will secure 4
national park which will lie
worth having and perpetuate
|tha nnlnrin uxxocIAfil5I1 with
|fhe spft to which !. truly he.
Watauga Democrat. [volume] (Boone, Watauga County, N.C.) 1888-current, 1894-12-20
Apologies i the Scath.
New York Times.

New York Times.
The Rev. Madison G. Pear
sUh Uf the Blo,mingcinle
boulevard nnd West
Sixts-pighth street, ina pre-.
ludp to his sermon last even
ingsaid:
Having recently spent a.
few weeks in the South | irel
it to he my duty publicly to
admitthat | had. nutil | en-
lareAd my Information by
personal observation. nm en-
tirel5' erroneous ldea Of th e
Sonth, andI take this means
pnblirly t0apoiO for these
,mch al1table thoughts. Ny
lectures were IN American
lines; and my pleas Tor i:ten-
aer -Ampri'mrism ana more
enthusiastic loyalty to Amer
lean ideas, rs lai'l down by
.
the founders Of our Republic.
met evprywlierA with the hear
tiest response
"If the toxin OF war should
be sounded, n foreign foe in
wade our shores, or an inslir-
rectlonary BODY arise III our
midst, n million men, heavily
armed, would come from the
South and rally aronnd the
flag of the Union.
"Why, the South IS the on
" true American part Of our
nation to-day! Rebel? That
word must henceforth not bp
spoken. / helieve the South
to-day grasps the hand ofthe
North In a fellowship which
has in it no misgivings of de-
ceit.
"'rhe public men 0f tn e
South are not, as With us.
'professlonaI foreigners who
have made public office a pub
lie steal. The Southern men
in public Office are patriotic
and conscientiously Aneri-
can, and personally the em-
| =
hodiment of integrity.
"But. you say, they donOt
believe in negro domination,
Neither dn we in the North,
Enfranchising all the negroes
-
immediately after their eman
|cipation was practically one
|of the greaest mistakes ever
made hy any free Govern
Inent. In many counties and
States the colored voters art
in the majority, and q malol
|ity rule would take the gov
ernment. Negro domination
would mean white damnn'
ton.
"Rhe sOlid South ~ broker
and willhreak moreand mOrt
Lii itiSlet alone. Rutlet ths
nextCohgress agitatea force
bin; and self.defense will sol
liiify the South again.
"a suffrage limited to al
educational qualification il
1.-THE only solution Of the np
Igro problem. Bat illiteracl
lis not confined t0 the South
Our northarn cities Mrethroi
Iged with foreigners and i'm
becila In their ignorance aht
IdegTaded in their morals a,
Iwere the rabble hordes thu
wrecked the republics 0f IN
ltiquity. Universal suffrage j
1.-THE menace to free institn
Itions.
1T is Il pleasure to sci
Chanpbpllaln's Cough Rem
Iesiy saya Stickney & Dent
Her, druggists, Republic, Ohio
Watauga Democrat. [volume] (Boone, Watauga County, N.C.) 1888-current, 1894-12-20
IN both districts the repnbIi.
can candidntes were hee ten

- S>SSh 'As'ts''t stiS - pNsNb
cnn candidntes were beetelh'
"Just 80, said Mr.. Hepbnrn.1
.The first time I heard from
the committee was II letter
the rotniilttpp ,rIuld
supply lne withcalnI,iigh lit.
ind that my check
for Il comfortable SUM would
l,p acceptable. The next was
Il letter after the election Sny
ing that in consideration Of
a Mr.. McKee's services az
Secretarynf the committeche
ought to be elected clerk ~
the next House. When the
time comes toappoint anoth
er committee | shall re:ite
these and a few other facts
and move that the commit
tee be abolished" Mr.. Bab-
cock has been throwing
s t tones at TIE Mckinley
hoom.
Chairman Hatch, OF the
House Committee on Agri-
culture, was one Of the slain,
hut his greeting to ex-Speak.
er Reed shows that his wit is
still alive-"Reed want to
congratulate you, | have in
part represented the State OF
Missouri in Congress a good
many years. and ] thonght !
knew something about it, but
| am ready to acknowledge
that you know more about
Missouri than | dn. / read
the speech you 1iade in ST..
Louis with great disgust.
You said the people of Mis-
souri, were good people ex-
cept that, they didn't have
sense enough to know how
to vote. Pm blessed if you
weren't right"
Delegn te Rawlins, of Utah,
has notified Secretary Smith
tbatif the Government does
not remove the Ute Indians
from Utah the people will
drive then, out by force. He
SAYS he fears that an Indian
war will be the outcome oil
the present difficulties, owing
to the dppredations Of the
Indians, which, he says.
have reached the unbearhble
stage
An equity sult has begun
in the Supreme Court of the
District oft,olumbia by H. L.
Preston, d Kansas t'itynews
paper proprietor, through
his attorneys, &. L. trevitt,
LOT Washington. and H. L.
|Srrohm, Of Kansas City, a.
rainst j . h n We1.lerburn,
,,.,,, !, ~. 4. tLa"D \, -. f,la;rrs
!. s. ~. y "a. ~ 80, ., y,
r Hea r.t q the .sExamine,
n.,...,,, - c,a;,,s = ~ ~.
''u'Sau '','''N - ~
Watauga Democrat. [volume] (Boone, Watauga County, N.C.) 1888-current, 1894-12-20
Swallowed q Poaad Of Cotton.

Two days ago a cotton
planter came into Raleigh,
bringing a couple OF bales OF
cotton with him.
He travelled through mud
and ram, and when he reach-
Ell Raleigh he was damp,
chilly and uncomfortable, hut
Ne proceeied to 90 around
among the buy yprs. was final-
lw'offelvd five cents for his
cntt6n and drove off to the
liatf,l4n. He rcturied with
hia cprtiticate of weights, se-
,.ufed his check and xelrt and
,lrcN.his money. By this
time l,n was very dump and
|chilly,.~so he concluded to-
|takeiust d little 81 the 'ar-
dent = lie wentton snloon,
Eralltsl Tor d short" ilr
poured it out, took it ups
Ew hen n by stander said,
|"Give ilsA;l toast 2''
All r1ht said the farmers
|ond fdjs]l1g the glass 10 his
Hips, he f6id:
"Here goes 4 pound u cot
ton. News Observer.
Watauga Democrat. [volume] (Boone, Watauga County, N.C.) 1888-current, 1894-12-20
Ar. carIisls,s Plan.
News and Observer.

F.
News and Observer.
We have aliendy printed
the tplegraphic summary Of
Mr.. Carlisle's financial plan.
A correspondent, who evi--
IDENTITY overlooked 1t. writes
and requests ns to print the
Outlines of the plan. We are
glad to nee SO much interest
manifested upon tbisianport-
Question, and are glad to,
comply with our correspond
ent's request.
In substance, Mr.. Carlisle's
plan, as endorsed b v the
President. provides for the
creation Of national bank is
sues up to Is per cent. Of
paid-in capital, secured, first,
ny a deposit of legal. .temdpls
notes, {im,uding Treasury
notes Of 189O,) OF 80 per
cent; second, by Il snfpt, fund
of 5 per cent. and. fhird, by
a first lien on all theussets Of
the banks aud the personal
liability OF stockholders. The
notes are to he ot denOlnfnh-
tiOns Of not less llian $40.
and those>of failed banks are
to be redeemed by the United
States government. The tax
on State bank issues is to be
repealed in thccase Of banks
fulfilling all the above condi-
tions, under State law, ex-
cept the s per cent. safety
fund.
The operation of t h ia
srheme may be Professionally
estimated as follows: The
present bank capital is $3.50,
100000. Ifthis were e'in"raas
ed to 81. 600, 900, 600, notes
1couldbe lssiedto the aillonnt
Of $750,000.00 The pres
lent National bank issues to
he withdrawn are in round
numbers. $2O7, 900. 900. The
legal tender notes to be de-
Ipositpd would be 1925, ,OO0,-
1000. Dpdncting the sum OF
these, 1892, 900, GOO, fr,m
the $75O.O00, 900, anthoriz-
-d, We have Il ilet increase 0i
possible circulation of $31S.-
000, 900. Bnt while this III.
crease would l'c possible, i
would take plarp ni,ly if the
demand of business should
make the issues profitable,
Notwithstanding the 30 pet
cent to 81 per rent ,f idle de-
posit required by the law.
1t may he snid. beyond all
reasonable doubt, that such
tissues would be- entirely safe,
Those of National Banks
would I've guaranteed by rht
!, United S.nfes t}nvernment,
Those Of State Banks would
be secured more than snffl'
GENTLY by the 30 per cent ~.
serve nnd the first lien on as
.Isets.
Richmond DispatclE 1'it
Watauga Democrat. [volume] (Boone, Watauga County, N.C.) 1888-current, 1894-12-20
WASHINGTON LETTER
From our Regular Correspondent.

ftt - +ed-t15 1
From our Regular Correspondent.
The democrats in. Congress
have surprised everybody,
including themselves, during
the past week. Instea0 Of
the bickerings which were ex
pected and predicted by dem
ocrats as we'll as members Of
the other parties, they have
been quietly ut work and
have actually succeeded n
mapping out q partial pro-
|Qramms Of legislation which
they expect to pass. They
held no caucus in the House,
but are acting upon general
consent vi the party in push
ing the Fifthian free ship bill
and the two appropriation
bills pensions and fortiilca-
tions.which have been re-
ported. Che railroad pool
ing bill. now before the
House, isn't regarded as a
political measure.
The democrats OF t h e
House committee on Bank
ing and Currency, who were
hopelesslS s NJ sea. during the
last session, have announced
their intention to report a
currency bill before the holi-
day recess, and 1T is Hn open
spcres that it will l,e very
near President sleveland's
message-an extenslonot na-
Itional hank currency and an
Authorization of St,te bank
currency under proper sate
guards. This week the com
mittee will grant hearings to
4 number Of prominent tinan
riers. heginning day with
Secretary Carlisle. The idea
il to get The bill reported be
fore the recess, sO that it can
be fully discussed bv the pub.
| lie before the leasSpmbling Ol
Congress.
The democratic Senators
wisely concluded to ignore
what they could not agree
upon and instructed the
steering committee to ar-
range an orIer of business t0
teover the following; a bank
ruptcy bill; bills for the ad-
mission of AriSOna and New
Mexico; Nicaragua Cana
bilb and i bill involving the
Interests of Indian Territory.
leaving the question u pre-
cedence to the discretion q
1.-THE steering COMMITTEES
These things are very gratify
ling to theaveraRe democrat,
and II they continue through
lthe session viii put the par
lty in fairly good shape:
Ii seems almos.. q pity Il
point to the ugly feet of Mr.
Peacock Babc.ck when be !,
sech d bsautif.iI
|Itail embe!lisIspd iniIlGminat
Watauga Democrat. [volume] (Boone, Watauga County, N.C.) 1888-current, 1894-12-20

For rheumatism | bote
round nothing euual ~ gtol.S
l,erIain's p1in BALM. lt -.
li4vea the pnin aasfNlll % ~
piled. NJ 7 3ung, Vs'8t'
Liberty, Nv VI. The yrnl5pt
relief Il slIo,xlxIs nlone wprl
mngaV times the c.llg( Ill y
epnfA. llu cs,ntjRu|<l slet viii
elferl i permanent earr. ~
saIe n Il. 1fyeh
Watauga Democrat. [volume] (Boone, Watauga County, N.C.) 1888-current, 1894-12-20

o. rccoult II iniling health
Decorah-posten., 1894-10-16
Sportit %noropna.

"5inmarfspOIteu" i Snmmsrie1t bar
iamtet p9 pIieutlig9j6r en- Seretuin9
fro fere fnlbt uo panlioeli9e, i ole
Slu9s 5ungIt pan SpO1r oel srinrne
WRno, boori oisie oioner pmtrirg
W}ioten al Suli Manueo, ba Sgen Der
taar baooe Ell 9nuite etceptionel bpi
8urme9rao, at bnoe pbierueret 2 Sps
orme, gpOrof ben enc ! 8 Gage iulos
it0nbig btotereoe ct 6iiterleie @rpiten,
I 0tils 8ei fra gOen % / oenue Sio,
ipecielt uroer Ell lief 9n08 rpli9 Sen.
li88en i ct 9nagelituoa @iItuuO fra
&9iten, ia9ttc9es al Z paoliosli9e Bib.
ner, Der At 5rp3t fife turbe oiie Jig paa
Sesu eller | @aao iatte pper til Sam.
merfeit for at faa baoienot en- 6pnl'
fan9er. Spprmen bar al 6arUe iOrts
0ul meo runb, minOit $50 Sob lang
Srop. Sen peoP9eoe lt9 l Slhn9es
b~u8tnin8er 9jeuucm @anoet meO ItOr
6urti96eo; SoueOet bar al Stprrelie
ION en- 9Dnoe, bog nu9et ipioiere iornn
% umioOel6art bag SOuebet baUOe 3ys
ret en- tDt DING (&ul) ben Oanueoe
0~per8an9en til &rOppeu, Der bar 9tot
o. uoeu Sinner. SgUrmen er liaeleoss
ieet paa "a 5Oo8 Qiitano al ct 8aaO,
Tag ira Speu, li3eleOes famine Dag Of
, andre SauoIa9, ct bjemmebgrenOe i
Summerieit % ct / SammerieIt 2anOs
iO9n. @run0eu til 8eretnin9ernes
Ofientti99isreIie f0rit MI er, at iulo
StaoiGiteIie fra Here OeoerDeiti8e ianOs
Orue M9nO isrit uiIoe i~noDeutes.