Herald and tribune. [volume] (Jonesborough, Tenn.) 1869-current, 1896-03-18
BrOwnlOw at Home.

AltnouSn III showed furl0usly las
Wednesday, as we predicted it woul,
on the coming of Milburn, there wa
a fair sized audience to witness the til
between him and Brownlow.
Brownlow spoke first, and as the re
port had been industriously circulated
by his enemies that he could not max,
a speech, there was great anxiety
mingled with no little curiosity, t.
hear him. He had not proceeded fal
until 1t was observed that he had tn,
audience in his grip. The attention
was profound, and was only broken
now and then by loud applause, when
the speaker made point of great force
or told an anecdote that exactly fitted
the case. Though the microbes in the
court house atmosphere did not get
their wings badly scorched by his
burning eloquence, yetit was perfectly
manifest to all that the speaker was
perfectly able to present his well di.
gested thoughts in q clear cut, coherent
style, that every body could understand
n put away in the memory box for
future use. 1t was a plain, simple
honest talk to a plain, simple, honest
people. Brownlow paralyzed his enc.
mics and far surpassed the expecta.
mons OF his friends. He won q signal
triumph, Milburn and his friends were
hacked. They plainly showed it,.
In terse and effective language
defined his position on cur
rent politics. He denounced the trusts.
monopolies and mortgage breeding and
interest gathering institutions and
explained his plan of extermi.
this octopus brood that are
virtually contiscating the property of
the country.
The speaker treated the pension cues
Iion exhaust vely, and showed the vast
amount Ut labor he had performed in
interest of the soldiers, and for
me- he had made nc charge and for
which he had never received n cent
The uniform success of these services
proved his thorough Familiarity with
Inc intricate and perplexing details of
Departments at Washington, and
dis acquaintance and influence with
'heir chiefs. If he could accomplish
70 much in the capacity of a private
'ltlzen. the scope of bis usefulness and
to serve the soldiers would he
nhnitely %broadened were he clothed
With official authority.
Brownlow is not drinking water off
u soaked silver, but on the currency
took an advanced position along
with the leading lights of the Re.
publican party. On the silver question
lie said substantially;
n American product of silver ia
lity millions per annum. The circu-
atlng medium-gold, silver and ape
amounted three years ago to 500 a
'ead, the increase of population to two
unions per annum and to continue
hls per capita of S26 would require an
lcrease or the circulating medium of
Ilty millions per annum. The RENAL
l the purchase clause of the Sherman
Gu requiring the purchase of fifty mil.
IONS OF silver per annpm, for which
llVef certlhcates were issued, with no
for any other circulating
lenium to keep pace with the two mil.
ohs growth OF population, contracted
10 currency at the rate of fifty mil.
ons OF dollars, or has contracted the
urrency n hundred and fftv mil
ons in the last three years, the time
1at has elapsed since the repeal of the
herman law. That contraction of the
urrency has been the uniform cause
I money panics is shown by the fol.
wing statistics: Contraction from,
'l6 to 1920, $50, 000, 900, causing the
of lS~l6-lS20: Contraction from
'57 to le43, 1888, 00O, 900, causing the
rash lS37-lS43; Contraction from 1874
1903, SllO, 000, 900, causing the crash
'oL; contraction from 1S60-1S62, S23..
causing the suspension of all
anks D the crash 1861: Contraction
ON le65,to 1878 81, 212 600, 900. causing
terrible panic 1878 which lasted
X years.
sherman law was passed in 1890
the country was prosperous under
operations iustifying the wisdom of
'e act In 1893 its purchasing clause
as repealed and by this act the cir.
ilatlng medium was so contracted
lat we have had a panic the most
we're d disastrous in the history of
le country, the financial losses RIM.
ing up into the billions,
we have had eight panics in this
'untry caused by contraction, and il
u significant and warning fact that
one has exceeded its predecessor
severity and disastrous results, The
.hgest panic was from 1873 to 1879.
he present panic began three wears
so-when the Sherman act was re.
aied-the end is not yet, but it is
owing more and more intense and
DAY there are over four millions more
'ople than the Federal and Confeder.
. armies combined who are without
cad, ralment, shelter and employ
on account of this panic, and
leir numbers are increasing faster
IAN the increase of population. The
'medy Is to protect American silver
5aipst the product of the rest of the
by tariff just as the iron, wood
ID other products are protected
,alnst foreign competition.
Mllourn attempted to controvert the
ling points of Brownlow's speech.
IL his efforts were a dismal failure,
was like pitching broom straws on
mad torrent. The impressions we're
\" deep to be effaced by the silly
larges OF anarchy, populism and the
ke' Milourn rehearsed the stereo
ped story of his love and services for
70 dear soldier, but it feel like a drop
water upon a granolithic pavement.
The followers of Milburp' few and
r between as they were, were greatly
scouraged and chsgrined. His speech
like a wet blanket on the audience.
9 made no votes but he lost them,
en-, who had been for Milburn. and
.ose who had been undecided, assured
rownlow that they would support
M They went home happy. Con-
1erlng the small crowd present, it
as a red letter day for Brownlow and
8 friends.