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People's party paper. [volume] (Atlanta, Ga.) 1891-1898, December 08, 1893, Image 1

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The People’s Party Paper
VOLUME 111.
BEFORE AM) AFTER TAKING.
Mr. Carlisle’s Widely Diverging Opin
ions of the Silver Question.
From the New York Recorder.
Secretary Carlisle’s speech the
other night before the chamber of
Commerce has set all the gold
standard parrots of the press to
screeching in his honor.
If there was a single spark of
political honesty in these newspaper
eulogiHs of Mr. Cleveland’s turn
coat Secretary of the Treasury, they
w6uld be . • <aniL. dishgurc U r
columns with the stuff they
are printing about his “great speech.’’
In order that this tribute of press
todayism to political turncoatism
may be appreciated by the people at
its proper value. lam going to let
the John G. Carlisle of other and
honestcr days answer the John G,
Carlisle of last Tuesday night.
It is a saddening, well-nigh dis
heartening reflection on the standard
of. sincerity prevailing among our
later statesmen that’a leader of Mr.
Carlisle’s caliber and rank should he
found willing to stand up before a
company of representative bankers
and merchants of the city of Now
York, “all honorable men,’’ and
make a meal of all his utterances
»nd professions on this great ques
tion prior to his acceptance of the
treasury portfolio under Mr. Cleve
land.
1 Invite both the orator and the
auditors of Tuesday to gaze a mo
ment into the looking-glass of history
and see the contrasted faces of the
'wo Carlisles:
Carlisle No. 1. | Carlisle No. 2.
1878. i 1893.
‘ I know that the “It is enough to
world's stock of pre-jsay at present that
Hous metals is noneiwe have already
too large, and I see on hand a stock of
no reason to appre silver, coined and
h' nd that It v. ill evcr'uncoined.sufficient
aK. i ‘.vliiiiO in u t v aii viie
lie fortunate indeed,probable require
lf the annual produc- ments of the coun -
tion of gold and sil- try for many years
ver coin shall keep to come.
pace with the annual " *
increase of popula- ‘‘Gold is the
lion, commerce and only international
industry. According money, and all
to my views of the trade balances are
subject the conspi- settled in gold, or
racy which seems to'which is the same
have been formedlthing, on a gold
here and in Europe’basis, all other
to destroy by legisla- forms of currency
tion and otherwise being adjusted to
from three - sevenths that standard. It
to one-half the me-is useless for the
tallic money of the advocates of a dif
world is the most ferent system to
gigantic crime of this insist that this
or any other age. ought not to be so;
The consummation of it is so, and we
such a scheme would cannot change the
ultimately entail tact. But the gold
more misery upon the eagle and double
human race than alljeagle are not ac
the wars, pestilencesjcepted ata par
fl nd famines that ticular valuation
ever occurred in the'in these settle
history of the world, ments simply be
“ Tho absolute and cause the United
i o st a n t a neous de- States of America
struction of half the have declared by
entire movable prop law that they shall
erty of the world, in- be legal tender at
eluding houses, ships, their nominal val
railroads and other ue, but solely be-
Rppliances for carry- cause the bullion
Ing on commerce, contained in them,
while it would be fcltjf uncoined, would
more sensibly at the be worth every
moment. would not where the same
prod u c e anything amount.”
like the pro lon zed
distress and disor
ganization of society
that must inevitably
result from the per-;
manent annihilation •
of one half the me :
tallic money of the
world.” !
The Mr. Carlisle who made the
Wall street welkin ring the other
night, and put the dinner at Del.
jjmnico’s into such a frenzy of en
thusiasm that they made the cutlery
ou their twenty-dollar-a-plate tables
fairly dance with delight, is the same
Mr. Carlisle who was among the
loudest-lunged leaders of the Con
gress that passed the Bland silver
remonetization act of 1878 over
] ’resident Hayes’ yeto.
In his speech on that measure he
declared its passage to be “the first
victory won by the people during
many years of warfare with the
consolidated wealth of this and other
countries.’’
“The consolidated wealth”—the
twenty - dollar -a - plate banqueters
were the people he had in mind
theu—may •well applaud the Ken
tucky convert to its gold-standard
conspiracy.
But “the consolidated wealth” un
doubtedly despises and blushes for
him even while it applauds.
I will invite the twenty-dollar-a
plate dinner party to just one more
to A. 11 to None.”
illustration of Mr. Carlisle’s patent
reversible backaction opinions, as
shown by the “deadly parallel
Carlisle No. 1. Carlisle No. 2.
1878. 1893.
“Our power of leg- “I think it may
islation over this sub be safely asserted
ject will not lie ex-1 that this country
hausted by the pas-could not long
sage of this measure maintain its pree
(the Bland act which ent position as one
restored the standard >f the most con
silver dollar) and w< xpicuous and im
ought not to halt foi iortant members
a single moment ii »f the great com
our efforts to com uunity of com
plete the work of re- nercial nations
lief inaugurated b vhich now con
it. The struggle nov rols the trade of
going on ‘anno he world unless
cease, and ought nt e preserve a
to cease, until all lb monetary system
industrial interests o ub s t antially, at
the country are full' east, in acecord
and finally emanol- with the monetary
pated from the heart- system of the other
less dominion of syn principal nations,
dicates, stock ex- *' *
changes and othei u The 00 untry
great combination? | aas recently heard
of money grabbers in u grea t deal about
this country and in j bimetallism and a
Europe. Let us. il double standard,
we can do no better. in j p j s possible
pass bill after bill jtba t these subjects
ambodying sveral oi wi n continue to be
some one substantia)ldi scus6e d to some
provision for relief, ! exten t in the fu
and send them to the tU re. For mv part
executive for his ap- q have nev er been
proval. If he with- a ble to understand
holds his signature. w ] )a t i s meant by
and we are unable to, a double standard,
secure the necessary l or double measure
vote, here or else-’ of va i ne , and 1
where, to enact them have neV er found
into laws notwith-: anv one w ho could
standing his veto, let te q rae . To my
us, as a last resort, mind it seems as
suspend the rules ;ab9ur d to contend
and put them into jthat there should
the general appropri- be tw o different
ation bills with the standards or meas
distinct understand-! ures o f values as it
ing that 11 the people! wou id be to insist
Can get no relief the; upon. having two
government can get 1 yardsticks of dif
no money. ferent lengths or
two gallons of dif
ferent dim en -
•s ion s. ”
i deem it important to keep the
contradictory Carlisles well before
the popular eye in this ’way because
this silver question is soon coming
up again, in spite of the prediction of
Carlisle No. 2 that it is “settled for
ail time to come.”
The plain for whom Car
lisle No. 1 sp» ke when lie declared
the gold conspiracy in which he is
now a partner, would, if consum
mated, entail more misery upon the
human race than all the wars, pesti
lences and famines that ever occur
red in the history of the world,” still
believe that to be true.
They know it today better than
ever. Enforced idleness is a groat
educator. Hard times teach severe
lessons, but they teach them thor
oughly.
The silver question >s only tem
porarily shelved, not “settled for ail
time to come.”
The people who do not dine at
twenty dollars a plate constitute a
very largo majority of this nation.
Lehigh’s Big Coal Strike.
Buffalo, N. Y., Nov. 21.—Tied
up tight with the prospects of trouble
ahead. That is the situation of the
Lehigh strike today. Freight cannot
be moved from the East Buffalo
yards, and the chances are that none
will be moved for some time.
Allentown, Pa., Nov. 21.—The
strike situation here is growing more
serious. Mail, express and passen
ger trains are running very much
behind time, and there is trouble to
get them beyond the Lehigh division.
Only local freights are running, no
through western or New York
freight being received or shipped
from here.
Wilesbarre, Pa., Nov. 21. — At
noon today the general committee
sent the following telegram to the
officers of all branches of the railroad
train men’s organization between
here and Buffalo:
“Wilkesbarre Lodge sends greet
ing. We stand as one man from
Buffalo to Mauch Chunk.”
New Yoky, Nov. 21.—The strike
of the Lehigh Valley railroad has
extended to the passenger service,
which is seriously crippled. Few
passenger trains are running. Every
thing is at a standstill in the freight
yards at Commuinipaw this morning.
Freight traffic is totally paralyzed.
The company's officials profess to
have sufficient new men to fill all
vacancies.
Eighty Thousand Virginia Populists.
Richmond, Va,, Nov. 27.—The
State beard of canvassers today can
vassed the vote for Attorney General
of the election held on the 7th inst.,
with the following result: Scott
(Democrat), 130,501; Gravely (Pop
ulist), 80,113; Kaigley (Prohibition
ist), 6,510. The Legislature will
stand as follows: Senate, Democrats,
23 ; Populists, 2 ; House of Delegates,
Democrats, 80 ; Populists, 10 ; Inde
pendents, 1.
gJPittsburg, Pa., has 83 miiiiodaires.
The number of paupers is judiciously
withheld, lest some unthinking per
sons should imagine the two classes
were somehow connected.
Ax ? <M>A, GA., FRIDAY, DJUUMBER 8, 1893.
TOILERS STARVING.
Miners in Danger of Dying of Cold
and for Lack of Food.
From the New York World (Democratic).
Ironwood, Mich., Nov. 25.—While
the suffering for the necessaries of
life is great throughout all the iron
mining towns of Lake Superior, that
in Hurley, Wis., and Ironwood,
Mich., two neighboring cities, is in
more immediate need of relief.
Governor Peck, of Wisconsin, will
personally sup the distribution
of goods which were liberally con
tributed by the people of his State
rwuwiwhiii *cr*R «■»
immediately after his appeal being
published.
In Ironwood over five hundred
families are receiving aid from the
county, but their resources are ex
hausted, and within a week over
two thousand people will be forced
to depend upon whatever aid may
be received from more prosperous
communities. The laws of Michi
gan do not permit the bonding of a
county for poor or general purposes,
so that the Governor of Michigan
had to be appealed to for a call upon
the generosity of the people of his
State.
Ironwood has heretofore been a
prosperous iron mining town of 12,-
000 inhabitants. The mines here
have been closed down for about
six months and the city has just
passed through- an epidemic of ty
phoid fever, which claimed 1,000
victims and caused over one hun
dred deaths. Four thousand men
are out of work.
It was thought that Ironwood
could care for its own poor until
recent improvement bonds to the
amount of ,8150,000 were sold to
Coflin A Stanton, of New York, for
$25,000 in cash and the balance in
deferred payments. The city had
also agreed to purchase its water
plant from Hyde A Jackson, brokers,
of New’ York. Difficulties arose
durinij t ! .■ neemtiatior i a<.d ’ r vde '•
Jackson attached the money due
from Coffin & Stanton. This litiga
tion has resulted in the city treasury
being empty, and the merchants are
unable to extend any further credit
to the city or county.
The snow here is • over three feet
in depth, and the suffering M ill be
great unless aid is immediately forth
coming. Reports from Negaunee,
Ishpeming and Crystal Falls also
show great distress in these places,
and it appears certain that fully
twenty thousand people in the iron
district will be obliged to depend
upon private aid or die from the cold
and starvation.
Duluth, Minn., Nov. 25.-*-The
annual tale of starvation and destitu
tion among the Chippewas of the
Fond du Lac reservation, twenty
miles South-west of this city, is re
peated this season with greater stress
than usual. The reservation is close
to the military town of Cloquet, and
the Indians have usually been able
to get work, if they wanted it, in the
camps of the C. N. Nelson and
Cloquet Lumber Companies. This
year, however, they are doing so
little that instead of 1,000 men as
usual only about 250 are employed,
and the Indians have no resources.
LOOK ON THESE TWO PICTURES.
il
.Touey Easy.
From the > c W ' ork World (Democratic).
Monej was nominally 1a II per
cent on call. Time money and mer
cantile paper remain unchanged.
Domestit exchange on New York is
sc. pre mu m in Boston, 75c. premium
in Chicago and ■. premium in St.
Louis.
The Sab-Treasury was $501,595
debt ’T/J the Clearing House. The
natioi al hold. $15,194,018
gov? rt 1 .nt funds. The Treasury
Depa. ti | ;i t yesterday lost $332,000,
and ii‘. available balance is $97,277,-
086. Tie sum of $70,000 govern
ment bo us was deposited with the
Treasur Department to secure
national bank circulation.
* #
The surplus reserve of the New
\ ork C earing House banks has
crossed ,tue seventy million dollar
V■ * •
mark j h ihe first time in the history
of these ’nstitntions. They gained
in cash last week $8,000,000 and,
judging from surface indications,
will adc. still further to their re
serves before the close of the year.
The question of how to employ the
’unprecedented supply of funds is the
most r.rious one which now con
fronts managers of our leading cor
porate The supply of mercan
tile pa; <. offering for discount —that
is, of 1 ; kind deemed desirable—is
hght affords only a small outlet
for the money that has accumulated
so rapidly for a couple of months
past. 1 is difficult toqilace money
on call < a any terms, and the rates
for time loans have settled down to
a basis that forces leaders to seek
other fi Ids. To arrive at an under
standing of the true condition of
affairs Vn the money market it is
necessai • to make a few compari
sons. The banks have in round num
bers $110,000,000 of cash, of which
Over si : . r 1,000,000 is in specie. On
2 la.-l, whi' h was the low
8 A'ft-'..: <•' jP
was in specie. had then
$412,000,000 loans outstanding, and
deposits of only $372,000,000. Now
their loans are $405,000,000 and de
posits $475,000,000. Never before,
either in ordinary times or following
financial and commercial panic?, has
there been such a metamorphosis in
bank conditions.
THE PLETHORA OF MONEY.
The Clearing House banks now
hold nearly $71,000,000 surplus re
serve—the largest on record—which
they are unsuccessfully trying to
lend at almost any rate of interest
that anybody may offer. There is
probably half as much more idle
money in the hands of private banks
and bankers.
A month or two ago these banks
could not get money with which to
meet drafts from neighboring cities,
and were working upon a system of
high artificial credits designed to
lake the place of money to the ex
tent of scores of millions. Now
their vaults are chocked with money
that they cannot lend at any price.
Both conditions are bad. Both
mean detriment and .danger to the
country. Under the one legitimate
enterprises and the industries which
give work and wages to men were
crippled for lack of money with
which to undertake their regular
tasks. Ender the other speculation
has every incentive to exploit itself
in madness and chicanery. The one
indicated want of confidence and
universal hoarding. The other sug
gests lassitude and an utter absence
of business enterprise.
A month or two ago no one dared
undertake any great work requiring
money, because money could not be
had. Now money cannot find em
ployment even at nominal rates, be
cause nobody wants to undertake
anv great enterprise requiring
money.
The situation is not local but gen
eral. The enormous sums held by
the New York banks do noi belong
to New York, but to the whole
country. The money has come from
every quarter. It has come here
simply because it could find no em
ployment elsewhere and might earn
some trifle of interest here.
Plainly there was too little money
in the country in Augu.su to meet the
combined demands of business and
panic. Equally plainly there is too
much now for the needs that present
themselves. Under a judicious finan
cial system there would have been
greatly more money in August and
greatly less now.
Our system makes no provision
whatever for increasing the supply
of currency in time of need, or for
retiring any part of the surplus in
the presence of a plethora. It is an
irrational, unreasonable, unscientific
and absurd system, which needs
radical reconstruction from the foun
dation up.
SILVER IN THE SENATE.
Condensed for the Literary Digest from
Papers in the North American Review, New
York.
SENATOR WILLIAM M. STEWART, OF
NEVADA.
The circulation of money in every
section of our vast domaiu is as
essential to the health and growth of
civilization as the circulation of the
blood in every part of the human
body is to health and 11 hh Contrac
tion of the volume of money pro
duces the same effect upon civilized
society as strangulation does upon
the human system. The first effect
of contraction is stagnation in Hisi-
and the first effect of strangu
latYon is stagnation of the vital or
gans. The ultimate effect of con
traction is human slavery and barbar
ism, as shown during the 1 )ark Ages,
while the eighteen hundred millions
of gold and silver coin, which
existed at the time of Augustus, was
being reduced to less than one hun
dred aud fifty millions.
During the past four hundred
years, the supply of gold and silver
from the mines has been continuous
and more regular than in previous
times, and, contemporaneously with
the new supply of the precious
metals, a new civilization has devel
oped and progressed. The output of
the mines has furnished a metallic
basis of circulation, and kept alive a
spirit of liberty, interprise, and inde
pendence.
In 1873, when the energies of the
Luman race were in more active op
eration than ever before, and when
prosperity and progress were uni
versal, a plan was devised to reverse
(he current of human affairs, inaug
urate a retrograde movement towards
the darkness and despair of the
Fourteenth Century, when the heart
of civilization ceased to beat for the
want of the vitalizing influence of a
circulating medium:
The bondholders determined to
destroy one of the precious metals!
Our own Coinage Act, reducing
silver to the status of a subsidiary
coinage, came into operation on lhe
first of April, 1873.
From that time until now, the
American people have been anxious
tv right that wruiN - , and restore ril
»j- in the place V occupied as a
money metal, previous to tnat uniort
unate legislation.
Concentrated capital in money and
bonds has baffled ail efforts of the
people to regain their constitutional
rights, and restore the money which
they had promised to pay. Every
Administration has co-operated with
concentrated to thwart the
will of the people, enhance the val
ule of money, and reduce the price
of property and the wages of labor.
The Bland Act was passed over a
Presidential veto. The Sherman Act
was a compromise with a hostile
Executive ; and it is admitted by the
leader of the gold monometailists in
America, that the Sherman Act
saved the country from financial
panic in 1890.
The financial disaster did not come
from the operation of the Act of
1890. The financial distress of the
last three mouths is the result of the
efforts of the present Administration
and its London and New York aiders
and abbettors, to repeal the purchas
ing-clause of the Sherman Act, and
reduce the United States to the
single gold-standard.
All parties and ail platforms, since
silver was demonetized, have declar
ed in favor of bimetallism. No party
dares go before the people with a
declaration in favor of the single
gold standard. Mr. Cleveland, in
his letter accepting the nomination,
used language w’hich the people un
derstood, and which his party-man
agers declared, to be a pledge in
favor of restoring bimetallism by the
legislation of Congress. If the ques
tion of the repeal of the purchasing
clause of the Sherman Act without
a substitute had been submitted to
the people by the Democratic Party
in the last campaign, and Mr. Cleve
land had been elected on such an
issue, the silver Senators would not
have attempted to resist the repeal.
But the means used to secure the re
peal of the purchasing-clause of the
Sherman Act are equally fraudulent
with the methods employed to de
monetize silver in 1873, and much
more cruel and oppressive.
Under these circumstances, the
silver Senators deemed it their duty,
bv the exercise of the right of free
speech, and free debate guaranteed
by the Constitution and rules of the
Senate, to make good their pledges
to their constituents and resist the
<zreat wrong which threatens their
liberties. Every moment of time
has been expended in earnest and
legitimate debate. They believe that
the passage of the proposed measure
will reduce the United States to a
financial colony of Great Britain, and
deprive the people of the right, guar
anteed by the Constitution, to mine
and coin their own money.
The success of Great Britain in
making the world tributary to her,
is alarming. When a motion was
made in Parliament, last February,
to reconvene the Brussels Confer-
NUMBER lf>
ence, Mr. Gladstone denounced it as
supreme folly for England to con
sider such a proposition, and he de
clared, that the world outside of the
United Kingdonj owed the United
Kingdom as much as ten thousand
million dollars. He argued, that the
use of silver as legal-tender money
to supplement gold, would depreci
ate the value of the money which
other Powers were bound to pay
Great Britain, and would be in the
nature of a bounty or gift which
would be thankfully received, but
which would not increase the respect
of the world for the financial ability
ox British statesmen.
The position of the United States
is different. We are a debtor nation,
and not interested in enhancing the
value of money.
The one only obstacle to the abso
lute rule of the bondholding syndi
cate of London and New York is the
silver Senators who dare to do their
duty. But, whatever may happen—
financial slavery, feudalism, poverty
and misery, or financial indepen
dence, prosperity, progress, and hap
piness—the silver Senators are con
scious that their cause is jast, and
that, if justice be done, the cause
u ill ultimately prevail.
Children of the State.
The Medical Times.
Australia is a continent without an
orphanage, a country without an or
phan. Each waif is taken to a re
ceiving house, where it is cared for,
until a country home is found. The
local volunteer societies canvass their
neighborhoods, and send to the Chil
dren’s Committee of the Destitute
Board the names and circumstances
of such families as they have found
whore children may be placed. The
Children’s Committee selects that
home which it judges is best adapted
to the development and care of the
child in question. No child is placed
in a family so poor that the child
puffer hardship. The foster
parents receive a sum averaging $1.25
per week for the care of the child,
and for proper clothing. When of
school age the child must be in school.
The local volunteer committee looks
after i\s care and ‘ultjire, aud zealous
neighbors often assist in watching
the growth and education of thdse
hTppj children. When tbo child G
fourteen years old, he begins to work.
His earnings are placed in the Postal
Savings Bank, and at seventeen or
eighteen he goes out into the world,
an independent man. The State, at
an expense of less than S7O a year,
has raised a man or woman to con
tribute to its wealth, and prevented
the manufacture of a criminal and
expense of courts, prisons and re
formatories.
It may seem strange that Australia,
Tasmania and New Zealand have so
far outstripped us in this humane,
charitable and economic work of
child-saving and the prevention of
disease. In our cities the slaughter
of children in “ institutions ” still goes
on, the growth of our defective and
criminal class still increases, the calls
upon the thrifty and humane still
grow importunate, but we are unwil
ling to learn. It were better to re
cognize at. once, that, as civilization
advances, the functions of the State
must advance into new fields. The
care of the children can no longer be
left to the church and the street. As
society, represented by the State,
must protect itself against enemies
from without, so it must protect itself
from the greater enemy that it
suckling within. It is unnecessary
to point to the influence upon general
morality which the daily observation
of the life of the children of the
streets exerts upon the more fortu
nate. The depressed moral tone
makes our political corruption possi
ble. 1 lope lies not in restricting but
in extending political activity.
Two women, Mias Clark and Miss
Catherine Spence, destroyed the or
phan asylums of Australasia, robbed
the continent of its orphans, and
saved these colonies from a horde of
criminals and dependents. Some
good man or woman must raze every
orphan asylum arid “home” in the
United States to the ground. We
have outlived them. We are too
thrifty to keep them longer, pretend
ing to perform a function they are
unequal to.
Notice to the Executive Committee of
Wilkes County.
Editor People’s Party Paper :
I am desirous of visiting the dif
ferent People’s party clubs in Wilkes
county through the month of Decem
ber. If the Executive Committee of
the different districts will appoin.
place of meeting and notify our
Secretary, w’e will arange dates and
notify you w’hen we will be there.
At these meetings we wish to meet
all who are anxious for “equal
rights to all, special privileges to
none.” E. D. Beard, Pres’t.
E. E. Parsons, Sec’y.
Stranger —What are you growing,
uncle ?
Uncle Simms —Growing tired boss,
growing tired.

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