The Abbeville press and banner. (Abbeville, S.C.) 1869-1924, August 05, 1891, Image 8

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J?jH C " TW in >ill ! > nrtfc>f?i I STOKES AND BUTLER. '? H ^ IK't I THEY ARGUE THE SUB-TREASURY. Uon - . Wfl nun Senator Butler Knocks Out the Pre*- iMa, B ident of the Stitte Alliance in Oue I Round, und Capture* the Cr??wd ^ of Farmer*. ,>th( B From The State. {[[^ Prospekity, S. C.,"July 2?.?Tbe debute here this W to-day on the sub-treasury was in marked the H contrast to tbe oue held in Spartauburg last l VriHuv. At the latter place, the discussion tioc was tield with closed doors and before a crei packed auditory of sub-treasuryites, and ,via Governor Tillman, the anti-sub-treasury de- nor batant on that occasion, was impatiently, thm nndemoustratlvely and unenthus'.atlcally &ntl listened to. The meeting here to-day was u_ held in the open air, and the advocate of the Cou sub-treasury, Dr. J. William stokes, lor an 0f Hour and a half harangued an audience thai (,q0 was not in sympathy with him. He didn't toD receive any encouragement in the way of ap- i)et plauaelrom the commencement to the close you of his address. ty t The very presence of Senator Butler filled ^ai the crowd with a spirit of enthusiasm, and as he progressed in his able argument he captured the major part of the audience, which 1 , was composed ol at least one thousand men ed and two hundred of tne gentler sex. frie It Is said that at Spartanburg Governor that Tillman only had six sympathisers out of cou y the vast audieuce that assembled in the se- legi eret chamber to pass Judgment on the merits win ' ol that debate. This numerical order was re? wei versed here, aud although the method put the! Into practice during the lost campaign, to by 1 ascertain how the crowd stood by an lnvita- ctei [to them to bold up their uauas was not lied as a test to-day, to judge from the H lause that Gen. Butler received and the the ince of any demonstration when Dr. ordi tea wasspeuking, the sub-treasury advo- as v s could have been counted on one liund. eve lurrah for Butler !" could be heard on all cial b from those who, during the last cam- und n, seemed to know only one cry : "llur- uioi or Tillman." This fact is the more re- beft kable because it is the farming class who the i Tillman his mujorlty, and only from the class that the disciples would expect to the: reconverts. But they didn't secure any and result of the discussion to-day. tun e people have listened to tbe debate and of t ) been instructed and enlightened. crai order to counteract tbe converting influ- sell that has been the outcome of the debate raui Jtokes will have to have some special edib of his Cotton Plant distributed gratuit- ,r 1 y and generally throughout the Prosperiimm unity. T aong those who were in attendance on ,L neetlng, besides the distinguished speak- 111,11 nd oflicers of the County Alliance, a B,c' led glance of The State reporter; recoge- ur* 1 Congressman George Johnstone, George , ler, Esq., Walter Hunt, Esq., Senator ols(j Keltt, Dr. Sampson Pope, Clerk of the "?a' t Kinard of Newberry; Dr. Strother m?' ?r t r\? \r p i in vt/Mi prn , of Columbia; Ex-State Senator Wlngard, J. eve - Brooks Wingard, Mai. G. Leaphart and Capt. F. H. Counts, of Lexington County. t Young's grove, two miles from Prosperity, u,o was selected as the place for tbe speaking. ft^rj " Senator Butler was driven to the Btand by ,he Mr. A. G. Wise. thir On the grounds the County Alliance Asso- n?^ f elation had prepared a bounteous barbecue, --"Which was partaken of by al least 300 of tbe n(,e ' aggregation of people. ma, Mr. J. A. Sligb, county chairman of the rftW v Alliance, promptly al 10 o'clock stepped to ^ . the front ol the platform and asked the at- any i tention of tbe people, while divlue blessing Hef( was being Invoked by the Rev. J. B. Tray- l(Vf I Wlok. ten Mr.Sligh then announced the programme, e]a which was that Dr. Stokes would open lOr one t0 j hoar, Senator Butler to follow for an hour culj and a half, and Dr. Stokes to reply for half in., r an hour. tr? srai PRESIDENT STOKES UNBURDENS HIMSELF Un OF A LOAD OF SECOND HAND ROT. . ou I : Tbe Same old Speech Which He Delivered at Greenwood In Warmed 1 Over and Maid at Prosperity, Omitting the Idea that Nothing in taki Lost by Decline in Price of t'ot- mlt I*-'- tak< ? ***- wh< Dr.;Stokes was then Introduced by Mr.sngn ? , And spoke as follows?v? Mr. President, Brethren of the Farmers1 Alliance fool and Fellow Citizens of South Carolina : I esteem it a ed t high privilege to meet with yon on this occasion as ural . a native of South Carolina proud ol her history and put her traditions, and feeling that every honest man in yea: the State is my brother and co-patriot. I am the always glad to meet any portion of them and to give pro< them the benefit of such results as 1 may arrive at in ooni i .Investigation of the economic problems that are to- thi9 ; day agitating our people. As the president of your the County Alliance has already stated, I count this nudi- wlit ^-?D<*<bre to-day, so large and so intelligent looking, as a good omen, and I think it is one of the most faelplol and one of the most hopeful signs of the times I that our people at large are interested in these ecotio- vid "X mlo problems. I; rejoice especially to be at this Con meeting and to see so large a concourse of my fel- ces? * ? ? Hoy low ciuzeay, evidently iq csrut-.n uuu ucoinu^ w . hear this question discussed, because the Alliance the has been criticized very largely as being opposed to plat ' dtscossslon of these m'easares'in public. 1 uuipartlc- who ulwly eratifled because I myself have been crrticized. flex The only reply aside from this practical demon6tralion here to-day that I have to make to such invlta' tlons is that insofar as the Alliance has avoided the discussion In pablic it has been between two Alliance- 1 men, the specialobject in view of determining what the subreal attitude of the rank and flic of tho order in this oom gt. State was toward the sub-treasury plan. tafct THE SEASON THE 8PAHTANHCRG DISCUSSION WAS Im ???" S, The State Alliance has settled that question and Tl determined that it would urge this plau until some is cl ' better plan to accomplish the same purpose was belli ' offered. Having determined that, they thought it fact prudent and right that they should eliminate the posi- a ne Dlllty of any save Alliance Influence over them. Tl - This gathering to-day is at the instance or the Alii- hav< ance of Newberry County for the discussion of this that particular problem, as thinking men. whether the a be Alliance is in lavor of shotting off discussion or confining itself to favorable discussion of this question, T] when by its expressed Invitation we have with us one . * of our distinguished senators who is opposed to the ft* measure; . This does not look lite the Alliance Is opposed to if88 the discussion. It looks like the Alliance, having "It V settled this little family quarrel amongst themselves. ?. la carrying out precisely the problem it has announc- ^ ed all le while?that it wanted the Tallest and freest . . discussion of every proposition that it makes?and : that it proposes to abide by the result of the discus? lon- fch? Senator Butler was invited here to discusa * thts question and present one side; I was originally , .. lnyltedtobe present and address this meeting. 1 wsa under partial obllgati"n to be elsewhere to-day " ' and ought to be. At the timo of the announcement " Col. Livingston, President of tbo Georgia State Alii- ' ance, was under a promise to b elu this Statu from the 22d to 81st and upon that statement I wrote to w_('u I( Senator Butler. In response he signified his willlngness to meet the discussion on that line. The . \ only reason that Col. Livingston is not here is on account of his physical condition ; his inability to be present necessitated my cancelling my engagement to . be with you. We ask you to lay a*ide all your pre- * Judcies and come to the consideration of the qties- wa^ tlon of thp diseuHDlun with vour mental faculties ,nen free to receive the truth and the light. We are here wo" to present the truth to the whole ^people of this 6ec- 8,lc, tion of the State, and particularly to decide what is r^, the right, what is the truth, and what is expedient 8,J'*! K- foryon to do. 01 1 The Alliance bos announced a? one of its demvnds c.e^f the establishment of sub-treasuries throughout the r? country in which non-perishable farm products may be stored and upon which, as a basis, treabiiry notes (?te may be Issued. I say treasury notes which shall bow that they are deposited or issued upon cotton as THK SEASON THE ALLIANCE FORMULATED THEIR I)E- lay< mani.. cao, There are a good many reasons why the Alliance that bave formulated that demand and I shall ask your ens! * attention to those. to d s. The first reason to which I invite your attention Is tirei this, and I think nearly all the financiers and political are economists in the country agree on that?there is nn bed insufficient circulating medium in the country; in- the sufficient even for the ordinary run of business. ship 1 shall call your attention to the relation which cifls that insufficiency of circulating medium, the curren- of p cjr of the country, has upon prices. I do not think I the ought to discuss this long, for nearly every proini- men iient authority ou political economy has already ex- boni pressed himself very definitely on that point, and and they all agree that there is a very definite relation, a the very Important relation, between the volume of equi of currency in circulation and the price which com- out[ mo<lIti*s will bring in tbe market. I might cite to last yon such authority as Adam Smith, the great founder $00,' of political economy. And I presume that it will not be questioned that Calhoun was explicit on that itoint as was also Clay, and John Stuart Mill, and if jr had time I could read to you Irotn the writings of abol of these gentlemen. I think there are something t|,0 like twenty-five or thirty of the best authorities on avaj political economy who agree to that position. title SGO SOME FOOL HORSE TALK. incr I might appeal with absolute security to the common dem sense of these farmers here on that point. I submit capl to you as a concrete proposition that if you have; a ing : horse that is worth 3250, upon the market and you over are forced by circumstances to part with that horse, to b and there is no one within reach of you who has fortj available for Investment in that horse more than don< $150? I put it to you as reasonable men whether it The * would be possible for you to receive more than $150 and for yo ur $250 horse. that Tbe Farmers'Alliance has formulated this demand, wen that not only the currency of the country should W , bear a proper relation to the business of the country, us t and that not only is it insufficient, but it lucks the curr very important feature which I believe the Farmers' und< Alliance was the first to enunciate. witl get IT MUST STRETCH AND DRAW CP. SttVe It^ocfc* the quality which the Farmers' Alliance cout was tbe first organization to promulgate and to da- n msnd?tbe quality of elasticity. I might show you > , i)f process of reasouing that there was need of it in this way. We all know that during the tall season o j .. the year the entire labor of the agriculturist for a ^rCil a year has to be marketed. I have shown yon that ^ the quantity of money in circulation bears an imme- u , dlate relation to the price which it will bring. Very _ ' well. In the fall of tbe year, then, when the entire v accumulated labor of the agricultural masses for the g(j # \ >le year is thrown upon the market, even if the Izna )unt of money has not been reduced below its nor- the ] tide, even it it follows the normal channel, if it Is orr< manipulated by those who are interested in buythose products, there will be a relative oontraci of the currency at that time, because this vast woe nine of products has to bo marketed within three c^i iths?the bulk of it, so that the vast demand le upon this normal current of circulating medium 'an I cause a relative contraction st currency, and ths woe eal effect of that would be nreelselv what C'al- r. n, Adam Smith, Jolin Stuart Mill and all the jr political economists called a depression of the *' ] :es. It comes precisely under a case they cito in anc stration of that principle; that fact, then, that per i relative contraction takes place at that season of y year creates an abnormal condition. Per et me say, by way of parenthesis, that the condi- the i is not due solely to the relative influx of this ^j10 it product. I have shown you that it produced a live contraction even if the currency flowed in its 'he uial channel. But when we consider another fact. Si i those who control the money of the country? or ? I believe we have good Democratic authority for that there are just about six corporations In the dra ntry who have the power to lock up 11,000,000,000 it is the $1,350,000,000 ol currency in circulation. I p to on that point Col. Robert Cbisolin, of Charles, from his recent address before the Jefferson ian Knc uocratic Club of Birmingham. I want to show par; that that condition is due to the lack of flexibili- a if currency, and that seasons of the year operate inst all classes of people engaged In business. SOME "WILD TALK. 'ea6 have heard it said that the sub-treasury is intend- If exclusively for the benefit of the farmers. My tha' nds you were nevermore mistaken in your life: l is not the purpose of It; it is as broad as the ntry Itself, and it includes and contemplates the Sen timate interest of every man In the United States act > is doing a legitimate business. All business i in the transaction of their business outside of ir relations to the farmers are cnunped in the fall that condition of things because there is an insuffi>t circulation oven during the leisure months of year. Tlow then when an effort is made to abstract from * " natural channel a portion of this fixed currency in L*r io uiuvo ciio uruy, iiu? van tucjr coto^o suuuiu^ veil as the farmers? While it effects injuriously ry commercial iuterest in the country it Is espe- 8e ly hurtful to the farmer?why? because he must M or the laws of nature wait and labor for twelve berr aths in the year before he can produce anything, A >re he can put anything on the market; therefore Thei men who have control of the money, who know G( conditions, know that at this season of the year of y je vast products will be dumped on the market the must b? handled; therefore they have the oppor- guis ity at this season of the year to get the money out ing he war, consequently not only is every business pie nped for money but the farmer, who Is pledged to men at that time in order to liquidate his indebtedness, dee; st sell on a falling market and upon a basis that is lion >lly inadequate. it, a rriF. SUB-TREASURY AFFORDS SPKCIAL PRIVILEGES l^e TO TIIE FARMER IT IS TO EVEN-lIP THINGS. UP^ et mo disabuse the minds of any gentlemen here ar t this plan is designed to raise the price of the far- ?ent s products; that is not the purpose of the meas- ?or(j ; it is simply to relieve the farmer of this abnor- t|em condition, that depression of the market 1 wish tj,e ] i to meet the argument that is sometimes made 0f g Inst the measure that it proposes to give the far- not^ a special privilege. I say that it is not a special j aC( rilege, or, if it Is, that It is rather in the line of peo, nlng-up things. tho i TUIUEE CLASSES OF PRODUOERB. WOO here are three classes of producers in this country; se who are engaged in mining, manufacturing and iculturo. Of these three, two are not producers in 10 0 strict sense: a miner does not really produce anyig; he delves into the earth and brings that to it which Is of use to the commonwealth. He adds aItei labor to itand puts it in shape so as to supply your , , ds and mine, but he has not produced anything. A n<?11 lufacturer does not really prod ace; ho takes the *TUU ' material and modifies Its lorm so that It meets tbe requirements of your needs. He does not create thing; but when the agriculturalist goes Into his ^lon Is and be sows a bushel of wheat and when he cul- ^p0' htes that through rain and sunshine and harvests hlB ! bushels, that represents a creation of nine bush- the 1 He has transmuted the sunshine and shower in- V?,n omething that\lid not before exist. He Is in a pe- 'l ar sense a producer. There are two ways of even up things when they are unequal?one is to sub- PJ'CI :t from the larger, and the other is to add to the " * dler. There Is no other way ol equalizing things. year here is inequality to-day. The men who own Jf4118 Ited Stftes bonds and the men who own silver and ,r 1 have the special privilege of depositing these as *fow jrities, or as a basis, with the government, and up- y?"1 those as a basis the government issues the money. ?9? j KQUALIZING THINGS. l?On hey have that exclusive privilege. There are two that rs in which that inequality can be equalized. One Whi y taking away the special privilege; we dare not ture e away that privilege because it is generally ad- cure ted that the amount of currency is Insufficient; to stop j away that privilege would be to deprive us of the ever >le circulation. We dare not attempt the subtrac- and process and consequently the only thing left is to Jc a up matters so as to place the farmer on an equal ques ing with thi others. The classes I have mentioa- to tn ire already protected. They are protected by nat- Se I law and by statute law. The miner Is enabled to yes. his uroduct upon tbe market every month in the r; the farmer cannot. The manufacturer, under natural law of supply and demand, can put bis It iuct upon the market every month In the year, coin seqnentlv he does not need such a provision as incr< . 60 I say that this is a proposition then to place that farmer upon a Costing with all the other clashes done ?are bow enjoying spccial privileges. you amoi HE PABMES SHOULD CONTROL THE FLEXIBILITY. J,|m have before ine a copy of the Forum,in which Da- for r M. Btone, editor of the New York Journal of argu amerce, comes out and explicitly admits the ne- nent ity for a flexible currency, lie does not call It dum ible, he calls it elasticity. He does not admit that ceptl Farmers Alliance plan is the plan, but offers a who 1 of his own. We are contending that the men How 1 produce the product should have control of the try 1 ibillty. their an ai THIXG, <i001> LOED?WE WILL TAKE WHATEVER jajd we can get. have do not claim that Mr. Stone is an advocate of the and 1 treasury, but I do claim that he is emphaticilly made rcrted to tne Farmars Alliance. We are willing to curr< ; any other plan under heaven that will accomplish the 1 purpose and will not subordinate the producer to it ab will of a few men who control the money of the the ? itry. ' $22 j be editor of the Financial Record, of New York, treat* carlv out in favor of this elasticity. He does not purp eve in the farmers plan, but he is a witness to the coult that under existing conditions elastic currency Is madt ceeslty. abou le Fanners Alliance has never said that we will tima' 3 sab-treasury warehouses or nothing. We say if lfttio: is not sound, if that is not the best, why give us mom tter, wc will take it and thank the Lord lor it. quest FIAT MONEY HAS NO BASIS BEHIND IT. betW tare are just two ways of supplying the need I ter je 3 been talking abont. One is by the issuance of reiEe money?and let me say that all money is more or cnrg flat money; the only question is how much flat e i6 about it. ALL ' > rss|K>nse to a question put to the speaker to ex- I d [) what flat meant, Dr. Stokes said: sub-t :ie is flat money, like greenbacks, because it reads so de his way, "The treasurer of the United States will have to the bearer" so many dollars. You just have a tolen nise that the government will pay that on demand. I h t is flat, pure and simple. If I had the time I whicl Id read to you from Mr, Calhoun's celebrated say t ch on nis amendments to the United States Bank sub-t >f '37, which virtually is the doctrine of fiat mon- naim One objection to it is that it has no basis behind the b :cej?t the ability of the government to tax, and the cienc ' way tho government could circulate that money provi Id be to the extent of its expenditure. The govrient might print one hundred million dollars of money and they could not get it into circulation -?e; >nd its expenditures. w'" ' struc I'APER MONEY ON A BASIS. gOVe! have stated v'.iere are two kinds of money, or au(M( s in which this deficiency might be met. I have naioi itioned about fiat money, and the only other kind govei Id be by paper money issued upon some basis ?el i as we have now. Our silver and gold certificates P?*61 I this way: "This certifies that so many dollars of c'P'e er or gold have been deposited with the treasurer mest he United States," and the holder of one of these Wft8 iflcates may go there and demand gold or silver State &rs, or else get it from the National bank. The argu( ional bank issue which you know is a small certifl- iudgi in this way: The holder of United States bonds govei jsits with the treasurer so many dollars worth of more ds, and he may reccive 90 per cent, of their par tbo p le in bank notes. iusti here is absolutely no hope of increasing the cirou>n from cither of these sources. And why ? Be- Tu le in tbe case of silver and gold?I have passed fl . objection, which I think is a serious one, that it ' >led a man who holds one of these gold certificates einand the cold, and in demanding the gold ho re?that much' currency and can hoard it until prices r ., reduced one-half, and thereby the people are rob. This is precisely what has taken place during ware year. About $00,000,000 have been taken out and iped to foreign countries, as I believe, for tbo spe- !? ?' i purpoM of rendering the government incapable no1 n nying off its $51,000,000 of bonds that mature on 1st of September, thereby reducing the govern- pa] it to tb(s necessity of either continuing these c[t|ze ds, or else going into the market aud buying gold, tj,e t, tho gold is not here. Tho same men who control cin(jj bonds control the gold. It is impossible to get ad- titior ite increase from this source, because the entire ,|jan >ut of gold and silver in tbe United States for the OTft|j? four or ilvo years lias not changed as much as ian,i 1100,000. emm whkkk we will iik in forty yeaiss. ware] title i i 1SS9 the last report put it at $60,000,000, but State it 40 per cent, of that is used. But suppose thai there whole of it?every ounce of it?could be made treasi lablu as money, either coined or deposited and cer- I km: ates Issued, you eould not get an increase over ?an 000,000 a year to tho currency. That would not Tal ease your circulation $1 per capita. The Alliance clausands that the circulation shall be at least $50 per order ta. If the Alliance position is correct in demand- it $50 per capita, and the circulation is not increased Bu $40,000,000 a year it would take forty years for it of e increased to the proper ratio. We have waited as 11 f years for the increase. I claim it could not be that c j In that time even if we were to wait forty years, made majority of us would bo dead and in our graves, Tal If this vicious contracting system goes on I fear Inc o our children and their children would wish they Bu * dead before that time is out. that, e know the national banking system cannot give thron he increase; we know it is constantly shrinking Tal encv. The Secretary of the Treasury has no right sr the statute to continue a bond alter it matures fi lout the sanction of Congress. Where are we to . Bec the necessary Increase J 1 can see nothing else 60 the lands of the country, and tbo products of tbe ? itry; I can see no other solution. A ' sn't this evidence that tub man is crazy? wuisk you, as fair minded men, why should the farbe discriminated against? They allow tbe pro- Sen >r of silver to carry his white product to the Sen isury Department, to that specific warehouse that bill, a been designated by tbe government as tbe ware- it glv ?e in which sliver is deposited. I ask you. In the the ai e of common sense, in view of tbe abnormal con- (mam m against the farmer, why he should not be allow- the B< bo to deposit his white staple in warehouses dea- what f?nrrrmi r: -n m'ji'T u i ;i^A>wa:i?iiHwnrhiit ted by the government for that purpose, and that ej product be "used as a basis precisely as is the white ag :d metal is used t to lie above speech was delivered at Green {Jj )d ou the 9th of July. But President h< tees omitted from this speecn one impor-1 flj t proposition which he had In the Green- t,< )dspeech. VVereierto his statement at fii enwood that If the government advanced per cent, of the value of the cotton ?; I the market price had lallen to 80 ? cent., and afterwards fell even to forty cent, of the original value of the cotton, F] government would still loss nothing, aB balance of the eighty percent, paid for -r cotton, would still be In circulation. It ich brilliant Ideas on political economy, P| inanclal engineering, must be a heavy in on the Intellect of the President, and w i a pity that he did not reproduce that Idea 'rosperity. If he had presented It, we >w that Senator Butler would have been alyzed, and unable to try to reply. Such tr apoleonic utterance would have so undone "1 Senator that It would have required at " it four men to carry him off on a shutter, hi t, was In consideration for Senator Butler tl t induced President StokeB to withhold *' full force and power of his argument, the w ator's friends will hold President Stoke's U in grateful remembrance. ^ m w SENATOR BUTLEK'8 BEPLY. bi e: e Sophistries and Delnnlonn of Dr. g< Mokes in Thoroughly Exposed to Jj,1 View. ti nator Butler being introduced spoke as follows: jj' r. Chairman, Fellow Citizens and Ladies of Newy County: ? voice In the crowd?[Don't leave out Bdgefleld. ti re are some of us here.J sn. Butler, continuing?I have seen a good many on around hero to-day. I join most heartily in expressions which have fallen from the dlstln- " oeu bpeaKers woo cave preceuoa me?in mpress- v my gratification and satisfaction that all the peo- J of this county, farmers, merchants, professional , and laboring men, are awakening and taking a ' ? and profound interest in public affaire. Aglta- ' never alarms me. When younger I rather liked . nd now I welcome with gratification the fact that ' people all over this State an J country are waking ?* nd taking a deep interest in their public affaire. v, y experience has been that wheneyer a question gued fairly and truthfully beiore the people they ^ irally decide right, and therefore I reciprocate ., tally the sentiments which have fallen from gen- " >en who have preceded me, 1 want nothing but !' light and nothing but the truth, and the people outh Carolina want nothing but that, and with ling else will they be Ratified. I supposed when cepted this invitation that it was to address the >le of thiB community upon what is known as tn sub-treasury scheme of the Alliance; that I Id be confronted with an array of argument in N r of it that woald put me to my trumps to meet, m after bearing the address of mv friend I will say w Im what one of hlB brother Alllancemen said to v< ifter an hour's conversation on the train the other rn He said,'Senator Butler, we are not so far apart, bi r all.' yield to my friend, in the main, all that ? as demanded on behalf of the Alliance except be t b? chooses to state as the sub-treasury plan of y, Alliance. I propose to take issue with him In tt e of his economic views?some of his enuncia- le s of doctrine of political economy. I do not iv, for instance, that 1 could agree with him in o( saying that the relations which the ourrcncy of ol country occupies to products regulates prices. I ui ot know that that is sound doctrine. No doubt m is something to do with it, but there is another ir which Dlava an imnortant nart in the matter of ?, and that Is the question of supply and demand, e bad not made 8,000,000 bales of cotton lost cotton vrnold bring a bigber price. Why? Be- d< o the supply was greater than the demand. If 'u e is a large corn crop in this country ft is going P n iu price because the sup'ply is greater than the J' and. So with reference to a large wheat crop. Identical reason applies. It Is true not only of 8J cultural products, but it is true of mining, pig " and manufacturing products. One advantage " the manufacturers have OTer the fermer is this: 01 ?n they find by their production of the manufao at d article that they have more than they can so- at remunerative prices for, they shut down and to. work. So it is in the mining, stock raising and ?e y department of lilo. The question of supply ^ demand bas something to do with it. ?! ib. L. Keitt interrupted Senator Butler with the * tlon: Does the rule of supply and demand apply re oney as well as product? nator Butler?Yes, I answer a thousand times [Voices: Go ahead, Senator yon are right.] THE CIRCULATION PZB CAPITA. is claimed by those who are opposed to free age of silver, by those who are opposed to the _j sase of the currency per capita in this country, fj, 90 per cent, of the business of the country is : by check; that is to say, I owe you $100, give a check for it; you owe another man that not and transfer the check by endorsement to n? and perhaps before that checks gets to the bank ty edemption it may have paid a $1,000 debt, That in ment, when first presented to me by an oppo- pr nt thft frPA nnlnnxrf* nf mOvai*. rathor ntninV* ma .m b for ? moment. I said,'My friend,-that Is b de- be Ive and misleading argument, In this, that a man co can give a check must have a bank account, |cm ' many millions of people are there in this coun- ab vho have never seen a bank, but who transact ' business by actual delivery of the money. Sucb be rgument will not stand the test of analysis. I' th to him, that the argument advanced that we fa $22 per capita in this country Is also a mistake *6 misleading. According to the latest estimate 8C :, there is but one billion fivo hundred million ha incy, all told, in this country for transaction of $5 >usiness of sixty-five milSion people. That puts out $22 or $28 per capita. And when I got up in ce jenaie and demanded to knew how much of that ]0< >er oapita Is stored aw v Id the United State jn ury and the banking institutions for red?mption g, oses and not in circulation they said tbey m 1 not tell exactly. Ono Senator, a republican, n ; an estimate and reduced the circulation to fa t $600,000,000. I think he was too low. My es- ce te is that there is about $16 per capita In circa- nf n. I agree witfy my friend that there is not he By enough; that there Is something wrong. The at tion is to And out what's the matter; to diag- m the cose correctly. I think that the difference Clt een me and my lriend on fhe sub-treasury mat1 that they are'treating the wrong organ, and the dies that they suggest are not the remedies to gB the patient. Sp IDV0CATE8 OF Tint 8UB-TBBABURY ABE NOT FOOLS. 0 not denounce every man who it In favor of the reasury as a fool, ana I do not want anyone to nounce me because I am opposed to it. We all b common interest ana can anora to allow a 111 one# of differences of opinion. ce uve brought with me official copies of the bills I h were introduced. I understand my friends to in bat the bills are not under discussion ; that tho th reasury plan is under discussion. How in w< > of heavens am I to get at the plan unless I read th ill? It is the bill I am opposed to; tnj con- 'Go e and my judgement will not permit me to ap- I a it. bo sli1 EFFACING HOME KULE. fore I proceed to discuss the bills before me I or Indulge in a few preliminary remarks as to the toi ture, scope and power of this popular form of mi rnment of ours. There is not a man in this vast mi snce who has not within his nature a principle ' inting to an instinct of home rule and local self- go rnment. cei lator Butler then went into a discussion of self- f rnment and the rfghts of the 8tates and the prin- th< that would not allow interference with local do- pa ic affairs. Tbo application ?f this principle ' made, to show the relation that the Federal and is i > government* sustain to each other; and he lr >d that this bill offended that doctrine in his t nent?the doctrine upon which our popular Ev rnment is built. "And," said the Senator, "the his i you encroach upon it the more do you threaten he ierpetuity of popular government and republican eri tutions, pa; Tire WAREHOUSE DISCRIMINATION. tO a speaker then read Senate bill No. 2806. The section contemplates the building and organlza- m, jf warehouses in every county in the United trv e, and there are now about 2,900 of them. .1,, yconnty which produces agricultural products ,i0 e value of $500,OIK) shall be entitled to have a cn] house built within that country. The speaker v... ;d that this showed discrimination, as some of to ounties did not produce that much, and could on, ave warehouses. THE WAREHOUSE KEEl^R FOR EDGEFIELD. ragraph second of the bill reads that 100 or more ns of said county shall petition the securetary of ?0 reasury?"ThiB,, said the speaker, without conng remainder of the section, "says you shall pe- 1 c 1 the man whose function it is to bo the custo- Hoi and dlsburser of our public money. Now you ou( s him dabble in agriculture. You must give the afti upon which the warehouse is built to the gov- D J ent for all time, according to this bill, and if the ?.i. bouse or any of them should be abandoned, the Is in the government. Te establish a United s agricultural depository and appoint a manager of?whom do you suppose the secretary of the * ury would select in Newberiy for this position ? tre >w pretty well who he would select in Edgetield 56 ' lullatto." [ Laughter.1 dor Ibert, Interrupting?Vance put up the latter act e to Bee. 1, sub-division 2, in the bill himself, i'i Mi to cry out against the, uuconstitutlunn'i?i- 0f Th apt tier?1 will come to the unconsttutionaiity part ( It myself directly. 1 deal with the record ind it. If that provision had been injected in I h setlion as a from heaven, it would not have 1 1 it any more acceptable to me. (Cheers.) red bert?It is the objectionable feature I am speak- stci tier?1 am glad my friend agrees with me about I * We are making progress, and before I gut gh be will be with me. [Laughter and cheers.] lut Ibert?No, you are getting on our platform. 8te; DRIVING A SIXTEEN HORSE TEAM. iator Butler?If I am not driving a slxteenwagon through a part of yeur pletform, I never , wagon, (Cheers.) Polce?Rub It in him! Go It, Senator. * T WOULD RESULT It THK WAKE-HOUSE KEEPER thll OOT MAD. iator Butler?Just give me time, my iriend. It 0 iator Duller then read sections 2,3,4 and 6 of the cur od said, with reference to the last section, that 1 es the manoger the right to erode and classify am, mount and quality of the product; that be the er< ager) Is the flnat arbiter. What chance, Baid, rea< enator, haa the poor inan?or, for thot matter be, chance would ine rich man have?il lie should niSnT ***' i <1 rm ;cite the enmity or animosity nf this lordly to an- * ;er? He could grade your cotton and corn down c nothing; could give tt such a quality as would -event it from being sold, if you should make him ad. Where would you be then, with youri ware- ' 1... I _ ? t juhu reucipc m jum As to the warehouse receipt, I can take that receipt td by writing my name across it I pass It to someuly else, who can pass it to somebody else, and the rst thing yon know, away it has gone. A voice?Hit him again I Section 6 was then discussed as to the payment, etc. Flow paid ? Not in treasury notes, as my jriend has tggested in his discussion of flexible currency, but i lawful money of the United States. Talk tome >oat flexible currcncy 1 LEXIBLE MONET TO BE DESTROYED WHEN IT IS MOST NEEDED. rhat season of the year do we want money most? Why is In the spring and summer; but according to the rovisions of this bill, the money goes back to the ! easurer of the United States, and is destroyed ot the J sry time most we need it. KEN SBNATOE BUTLER WANTS TO GO TO THE AST- ] LUM. , The manager is made the sol* jndge as to there- ] ction of unmerchantable products. If he should ^ ippen to take some dislike to me, I carry my cot- ( m there to get a merchantable order, and he says, i STot merchantable," and declines to receive it. I n not quite that much of a baby to get to a point < here I have to go to a Republican manager and let i m pass judgment on my business, When I do i its I want some friend to send me to the lunatic 1 ivlum. i The other section of the bill was then discussed. . fhof (a *Ka fWl onn?Anp|at<u) fnr In flAAtlnn 11 It is appropriated to pat tip warehouses, and Is )propriated to justify this issu* of these treasury Jtes. Any lawyer who has read the Constltuslon i ill agree with me that it is right in the teeth of sec- 1 on 11, article 9, paragraph 7, of the Constitution of le United States, which says that no money shall < s drawn from the Treasury of the United States ] rcept by appropriation made by law. Yet we hear \ intfemen say that the government of the United i ates should issue money directly to the people, i he Constitution is In the way. There is no execn- | ve officer under the Government, and there never is been one, who could spend one nlckle of the pub- i c money that had not been appropriated by Con- < ess. 1 IE SUB-TREASURY BILL COULDBNT STAND TEN < MINUTES. How is the Secretary of the Tre&anry to Issue easury notes to yoa and me and loan it to us ex- 1 :pt that it has been provided for by an appropriation < j Congress ? That provision was pat In the consti- I ition by the wisdom, sagacity and foresight of the amers of that wonderful fabric of government, to ' otect the people who lived under it against the < irruption of their executive officers. It was put < lere to throw the responsibility of every dollar ex- 1 snded of the people's money upon the people's ' presentatives, where it ought to be. That pro- I Ision of the constitution was inserted to protect the Bople against Just what this bill, in my judgment ill bring about; and I undertake to say that this , ill would not stand ten minutes before the Su eme Court of the United States. That grou nd or , self would be sufficient. WHEN OONGRE88 MAY APPROPRIATE MONEY. , Question by some one in the audience?Was the iproprlation for the New Orleans Exposition made < i the appropriation bill? Senator Butler?Yes, sir ; the approbations for the ew Orleans and Philadelphia expositions were arte under the appropriation bilL I do not believe e bad any authority to do it. but I expect that I 3ted for it. Congress has no tight to appropriate loney except that which is conferred upon Congress f the constitution of the United States The secretary of war cannot lend yon a cent nnless >ngress authorizes it; not to lend you a gun, for the ime reason. The secretary of the navy cannot lend 3U a tarpaulin nnless congress authorizes it. Yet lis bill proposes that the secretary of treasury shall nd money directly to the people at 1 per cent. There is no provision by appropriation for the $50,>0,000. It is obnoxions, and subject to the same ejection that we nrge to the force bill. The ground rged against that was that the appropriation wm acertaln and Indefinite ix state treasury would last about threequarters or an hour. I think my friend is mistaken in another thing. I j not think that Mr. Calhoun ever contemplated the an of money out of the treasury direct to the peole. The treasury of the United States is not a bank. * functions are restricted to the custody and the dlsirsement of the public funds, and nothing else, The tate treasurer occupies the eame relation to the State lat the Federal treasurer does to the whole people, 'hat would you think of a person that would go to lr State treasurer and say "I want to borrow money 2 per cent., the Legislature having pissed an act ! ithorlzlng the State treasurer to loan money to the rmer, the merchant, or the manufacturer at 2 per int. and the losses to be made good by taxation?" j ow long do you suppose that would last? Just about I iree-quarters of an nour by the watch. [Laughter. | ' et the proposition here to go to the IVderal treaau- i r Is a parallel case to that. OUGHT TO aiVB SPECIAL PBIVILEGKS. My friend says it is not Intended to give any specia j Ivllege to the farmer. Then I say that makes it de- j etive, for it ought to give special privileges to the , rmers if they can get them. God knows everybody < Be gets special privileges, and if the bill does not | ve that, it is net worth the paper it is written on. I , ought that was what it was intended for. j THREE CLASSES. ] Thero are three classes of people?one class that 1 rtther borrows nor lends money (and they are a pret- j large class); and another class lends money out on ' terest, (and it Is a perfectly legitimate business ; he J efers to live on tne interest rather than Dnt his ! oney in cotton or moles, and there is no reason why ] i should net. Does that make him an enemy to the 1 untry or make him any less a patriot because he ? ans money at each a rate of Interest as he may be I le to get f) 8 Then there is another class, which, unfortunately, I long to?the bonowing class. [Laughter.] I don't ink a man because he lends money at ten per cent, a thief. Sometimes I am very much obliged to the t trty for letting me have tt; it helps me oat of a j rape, and I gladly give him the rate ho charges. I 8 ,vo seen the time that I would like to have borrowed c Then you will take my class, and they are sus- * ptible of division into three. You will find the fel- t w who if he had one or two thousand dollars, would { vest and make something bv borrowing it at 5, 6, 7, a 10 or 15 per cent., and will in due time return the oney he borrowed and the interest on the same, j lere is another fellow Just as honest, just as truth1 as the other man, who borrows money at 8 or 9 per -t ,.,,1 nt.rA.ln.A . .1.1. 88, or something prevents his returning it; he is as inest as the other man, but he cannot return it just that time, but if he is honest he will keep on hamering until he does pay it baclC Then the other isB who will borrow money at 2,15, 20 or 50 per I nt. and never intends to pay it back, and never does. .pplauBe and laughter] It is too little; it is like mbllng. You get your money too easy and you . end your money too easy. b LTIONAL BANKS DO NOT GET MOSEY AT ONE I'SR t' CENT. Question by some one in the crowd?Do not the na- g >nal banks get money from the government at 1 per j, nt? Benator Butler?'That is a mistake. They do not. I g l opposed to national banks, but not for the reason c at perhaps you would assign. The Rational banks y >re the outgrowth of the war, to aid in putting down g e "rebellion." They were established about '62 or ] !. ti Senator Butler then gave a history of the national t nking system, and said that a man could not be con- b lered less a patriot if be owned bank stock. I do n t oppose the national banks because they are thieves f, contract the currency and extend it to suit specula- ti s, because they do not do this. You put your ft >ney iu national banks, as you would in cotton or p, lies, for the money that you can make out of it. 1'be speaker was again asked the question if the tt vernment did not furnish the banks money at 1 per fr ^t. I n] jenaior uuucr?n u, sir. ino government taxes sm 1 per cent, on their currency, and tho 1 percent. pb the expenses of the printing of the bills. the same questioner again asks?I complain that it not right for the government to issue that money at ler cent, to the banks, or any other corporation. a Senator Butler?The government does not do it. ery man who has established a national bank pays i money into the treasury and buys the currency; buys 10 per cent, less than he pays in. The gov- _ iment charges him 1 per cent, on that currency to B y the expense of printing the bills. I am opposed w. national banks for a different reason, because the a(. tional bank system puts the sword and the purse in s same hand. It gives the executive of the govern- B snt too much power over the finances of the coun- 86 \ That is the ground of my opposition. The na- T,e nal banks are going. One of tho officers of a na- d( nai bank said to me some time ago that if some serity for currency could not be devised, the national ~{ sks would have to go. I said there is but one way save you, and that is to reduce this iniquitous tariff. is generation has paid its share of the public debt. 8(1 WI1AT BECAME OF TUB MONEY. ^ [ want to take issue with my friend, who aays he to ieves that $00,000,000 were sent out of the treasury m put it out of the power of the government to buy Sf ) bonds which will fall due the first of September, dr an give him a better reason than that. The billion lai Jar Congress of the United States stole the money M t of the treasury I Th< re was no appropriation left er that billion dollar Congress got through with the iple's money. It went to the pensions and Jobs, ich they preferred to pay rather than the bonds. AMENDMENTS TO TlIE SUB-TREASURY. ^ have some suggestions to make to amend the subasury bill. The first one is to reduce taxation from or GO per cent, ad valorem to something like 40 un the Mills bill. I would strike out all after the en- cu ing clause of this bll 12,800, and I would insert the lis bill, which reads something like 40 per cent, fo! Is Is the way I would amend this bill. No one ever of iroacbcd me to amend the bill. tai Congress, at the last session, increased your tariff de :ea from '{5 ad valorem to 102 ad valorem; and yet he nve heard it said it does not hurt. ar rhe next amendment I would make would bo the th notion of the expenses of the government. In- ge iid of expending and appropriating one thousand co lllon of dollars,as the last Republican Congress did, tb rouid reduoe it down to one-balf that. The third lei endment, I would insert In a second bill the abso- an e, unlimited free coinage of silver, and the next se' p I would take would be to repeal that provision of foi i national bank act which ipiposes a tax of 10 per na it. on State currency, pli tw LET TDK STATES ISSUE THEIR OWN MONEY. :iy friend says that six corporations and ten men get control of one billion dollars of tbe money, I nk it likely that they could go beyond that. There u dozen men In Wall street who can corner the ole of it. Thot is what I object to. I want to put iutof their power and let tbe States issue thoir own t rency. 'he stockholders used to be liable to three times the _' rrnnt of their stock, and credit was good. A bank- Dr >f Now York told me they were required to keep a ?rve, and in about ten or Alteon years there would 'h i suspension of specie payment. That is the only tl,( ger, in my Judgment, to reopening State banks, 8ta ; 7ft- 'i Wi" ^N- ^iri/: TriYiTa lecanse when the collapse roftiei It Is not the rich nan that suffers; It Is the poor man. Br Almost the first official act of my life In Washing- tt <>n was to Introduce a bill to repeal the tax on (State 0. sues of 10 per eent.; that tax was put In by the naional banks to drive the State banks out of existence, cr ind they succeeded. When I went before the com- HC nlttco on finance and made a little talk with them, Senator Morrill laughed at me, and said "If yon pass ]e hat bill It will break up the national banks." I said _ 10 much the better. But if bo strong, why do you ear competition with State banks and put tine the noney back to the people, where it belongs ? That is what Mr. Calhoun meant when he said that he want- 1 a divorce the currency from the government. J In reply to a question as to how he would regulate tl :he rate of interest. Senator Butler replied: I would L et the rate of interest regulate itself. n GETTING WEXT TO TBI SUBJECT. T One other step I would take: I would put ten acres n :o the mule, instead of twenty, for three years, y [Hurrah I) If the farmers of this country would put u :en acres of cotton to the mule Instead of twenty, for three years, and the balance in provlalons, they will lave the world at their kneea. (Applause.) Thoy _ would be the richest, and most independent and the most prosperous people on the face or the globe: but when you make eight million bales of cotton and get tlx or seven cents per pound there is not much chance 'or such a prosperous condition. My friend stated that the farmer can only have proIncts sent to the market but once ? year, while the T miner could sell his once a month. Yon can sell J~ something every month in the year. If the farmer lias not something to sell once a month It is hit own ? Fault. ? 300D AU.IA.nCK DOCTBINE, OOOD DXMOOKATIO DOC- (J TRINE. fl] n j Question by an auditor?I would like to know. Senator, if the sub-treasury scheme is the only demand of -i the farmers that yon are opposed to. J Senator Butler?Yes, that la the only one, except sno other, I think the Alliance doctrines are as good Democratic doctrines as I want: and when I heard my friend speak this morning I came to the oonoln- \ iion that I was a better Alliance man than he was, al- u though be would not let me into the order because I i i practiced law ten years ago. 1 At this point of Senator Butler's address the chair- r> man announced that his time was up. The audience, 'hnnr*h wniild not ftnbmit to a r^RRAtinn nt tho Honn- n Lor's talk. They cried out with one yolce for him to jontinue. q T^E BAXLBOADS, Senator Bntler complied with tbo call of the people ind spoke twenty minutes longer. He said another T lemand of the Alliance is that they propose that the A government shall purchase and operate the railroads, q [ am opposed to that. The government already con- t ;rolB them, as for as it should go, by the interstate _ :ommerce law. The more you can divorce the interests of the people from the government the better off we are. The long and short haul clause in the interstate commerce bill was put in there to protect the | people. NO BOOK FOB A TD1BD I'ARTT. The Senator was again Interrupted by being asked: 'What about a third party?" Senator Butler?I am glad you asked that question, rhere is no room in this country for a third party T f ["You are right I" Cheers.) There never has been, y ind never will be. room for a third party* Mr. Talbert?For instance, the one they tried to itart last fall got killed mighty quick. , Q Senator Butler?Which one? Mr. Talbert?The third party of last fall. r\ Senator Botler?They didn't live very long. I. WHAT HAS THE DEMOCRATIC PAKTY DOHX f ^ Another questioner at this point wanted to know of the Senator what the Democratic party bad done in the last twenty-flye years. 1 Senator Butler?If yon haven't been kept In the jj backwoods I think you would make a first-rate lead- 11 ?r of the tnird party. [Cheers.] If you have been so far in the background that you haven't learned what the Democratic party has been doing for the South, I would advise you to go, like the poor sinner, ind be born again. (Cheers.) The Democratic party under the direction of that greatest and wisest statesman of modern times, Thomas Jefferson, came into being, and during that long, bloody and terrible war It held its own against the revolutionists, against the snarchists and nihilists, and may my right and left ?rm be paralyzed if I live to condemn those of our brethren of the North who, through that bloody season, going down, as some supposed forever, with each revulsion of the waves of revolution, they would rise and flash the constitution from the crest of the revolution. Voorhees, Pendleton, Seymour and others, as good Democrats as ever lived, were the first to take me by the hand as a maimed Confederate, wlthont a dollar in my pocket. (Cheers.) Therefore, when I bear gentlemen talking about a third party in this State, I am almost overwhelmed with pain and shame. The Democratic party has stood for the right it is like a veritable stone wall before the aggressions of the Bepublicans; and if tbey had not done anything but keep them back, thus stemming the tide of opfiresslon, they would have done enough to warrant us u being their friends and comrades. There can be uui, twu portico. iuo i;eiiiuiTauc party jo uio party af the people. The old Federal party. Its firat opponent, went down before It. The Whig party rose upon the rnlna of the Federal, and the Free Soil party upon the ruins of the Whig, the Kuow-Nothings ana the Republican party of to-day upon the ruins of all, ana the Democratic party stands to-day, as It has stood, Insisting that In all matters over which the Federal government under the constitution lias Jurisdiction, that the Federal government is supreme, but that all questions reserved to the States tnd to the people of the States, the States are supreme. The war settled nothing ezoept that the Issue was not the remedy for the evil, at least so decided the sword, but the rights of the States are abso- n utely unimpaired except so far as they were Influ- I -need by the three amendments to the Constitution, ? 'reeing the negroes and giving them the right to vote, It stands to-day the friend or the people, and It has >een advocating the very doctrine which the Alii- rn ince is demanding except the two which I have yi H>inted out. They ore as good Democratic doctrines j. is I want. ^ talbeet getting on the democratic platfoev. 14 Mr. Tolbert?You are on our platform. . Senator Butler?I am glad to see you, sir, coming ip to good Democratic doctrines. (Applause.) I lave never believed that you were a third party mac, md I don't believe so now. When we eleot a Demoiratlc president next year, with a majority of 140 In t he House of Representatives,and with, as we hope, h i Deraocratio Senate soon. If the Democratic party L hen rails to bring rolief, which we all admit ought to >e had, 1 shall then be prepared to talk to some man bout a third party; but I am not going to do it as ta ong as the prospect is good for Democratic success in u all branches of the government. (Applause.) tj This concluded Senator Butler's argument, ' J. BILLY REPLIES. ai at ? le Still Contends for the India Bnb< A ber Currency. Dr. 8tokes then replied to the Senator. He said N bat they w?re not discussing the sub-treasury bill, W ut the sub-treasury plan. The question of flexiblll- _ r of the currency Is the central point of the plan; T bat Senator Butler had not said whether be was in I" ivor of flexible currency or not, but that he under- ? tood him aa agreeing to the principle regarding the loreflnful circulation. Dr. Stokes again arened over the necessity for a exible currency and the relation which currency in ircnlation bore to prices. He said the first proposiIon Senator Bntler made was the establishment of tate banks. He would say that if the experience of bis country during the term of years when they had ]?( lese State banks of is?ue is worth anything, we now that this country was overran with wildcat < anks, and some of the most stupendous crashes were rel nder the auspicesof those banks. The system is t>o aught with as great dangers as any pointed ont in ] le sub-treasury bill ana that it does not touch the st< indamental evil which the sub-treasury plan pro- _ oses to reach, in that it does not provide a flexible T, arrenev. We cannot get a flexible currency out of J" le bank of issue. There is absolutely no source m om which that can be derived except through the roducte of the country. THE BARBECUE DINNEB. Be enator Talbert Makes a Speech alter e Senator Butler Left. At the conclusion of Dr. Stokes' reply to Senator utler, a recess was taken and the barbecue dinner as served. After the recess hour. W. J. Talbert Idressed the farmers. It is said that in the course ' his remarks he undertook to reDlv also to Senator user's points of argument Senator Bntler was on after the speaking was over, and asked with Terence to being double-teamed, at It were, In the ibate. The Senator said be beard that Mr. Talbert tacked him In his remarks about not amending the 11, and that he would have been on hand to reply to m, but that he was assured bv Mr. Hardy, one of C, e committee, that although Mr. Talbert would tdress the meeting at the afternoon gathering, the eecb would be a general Alliance talk, and no referice would be oiade by the speaker to the debate or any of the points argued by the speakers at the ornlng meeting. On receiving that assurance :nator Butler did not stay to hear Mr. Talbert's adess. Senator Butler thinks that there was a viotion of the understanding, but cannot say whether r. Hardy or Mr. Talbert is responsible for It ? t( A BLOODY FIGHT. n ? ? On 1 ubs and Knives Play a Dangerous Part. Quite a serious disturbance occurred on the borbe- T7 e grounds during tne recess hour. From an eye ' Itness, who did not know any of the parties, the fij llowing meagre notice Is given of It The origin the difficulty is not known. Five or six men ateked Policeman Hunter. He saw be had to flgbt to fend himself, and placing his knucks on his hand i hit riebt and left, knocking the parties down all nnnd bim. The policeman got a heavy lick across q?, e top ol his head, splitting the skull, but not dan rously. A gentleman who ran in to separate the V mbatants got a serions cut about four incites la the |q ( roat; another man was cut In the face from the t ear down to his mouth, making an ugly wound; other party got a hard out on the wrist nearly yerlng the hand, and by a fortunate circumstance gi : one of the men who was eugatred In the light, he rrowly escaped death. The policeman placed his stol to this party's stomach and snapped bis pistol Ice on hlui. ? A( SENATOR BUTLER'8 CHALLENGE. tie Correspondence Between XIiin P] telf and Mr. Stokes Not to be Had. ? t2 In effort was made to get Senator Butler's reply to . Btoke's challenge to engage In debate with him ^ 1 the sub-treaaury, but the effort was unsuccessful. mi e substance of it was gotton from Senator Butler ^ nself: He said in his letter to Dr. Stokes that be. ted he had no objection to engeging in Joint da- A V^wriiiT rniTn(iriittew>i ite with the gentleman, because he -was Informed id believed that Dr. Btokes had a proper regard for le amenities of debate. He wonld not hold himself )en to engage In joint discussion with any and everyjdr, becanse, it the newspaper reports were to be edited, some of tlie advocates of the nub treasury iheme would not observe those amenities, and he m not desire to anosutute neraonni wrangling ror gitimato discussion of the question. Notice. PHE UNDERSIGNED HAVING BOUGHT L the County right for the sale and operaon of the J. G. FALLS & CO. GIN and INTER, GUMMER and SHARPENER are ow prepared to either furnish machines or > do the work themselves. Satisfaction uaranteed. Those wishing to Inspect the machine can do so by calling at the AbbeUle Oil Mill. The patronage of all Is solic.ed. Respectfully, F. S. EVANS. J. L. PERRIN 0. A. DOUGLASS Has on band a fall Stock of )ry Goods, Boots, Shoes, Clothing nd HATS. A complete line of Saddles, rldles and Harness,(Crockery, Gans, Pistols, ntlery, Barbed Wire, and Hardware of every esorlptlon. Lamps, Lamp Chimneys, JewIry, Fancy and Domestic Groceries, Provlions, and Plantation Supplies. Just received a lot of Sewing tachines of the latest and most mproved styles with all attachlents and warranted for five years t from $16 to $25, either for Gash r partial [payments. ALSO A LOT OF lorses, Mules and Wagons ASH or on TIME and on the very best ERMS. Oot. 15, 1890. Dr. C.W. CASOU, Practicing Physician, .-. HODGES, 8. C. )FFICE at the home of Mr. L. A. DANTZLER. March 4,1891. 3m RAYDON A GRAYDON, E. 8. F. GILES, Abbeville, S. C. Greenwood, 8. C. rRAYDON & &BAYD0N & GILES TTE have formed a partnership for the prac ' * tlce of law in all its branches, undertbe rm name of GRAYDON A GRAYDON <fe ILES. All business entrusted to any of the rm will receive prompt attention. ELLIS G. GRAYDON, WM. N. GRAYDON, E. 8. F. GILES. March 12,1890,tf I1HE MAIN WHEEL IN A WATCH L makes 4 revolutions In a day of 24 boars, r 1,460 In a year. Next, the centre wheel, 24 svolutions a day, or 8,760 in a year. The ilrd wheel 192 In a day, or 59,080 In a year, tie fourth wheel 2,440 In a day, or 545,600 in a ear. The fifth, or scape wheel, 12,960 in a iy, or 4.728,200 in a year. The "ticks" or aats of tne balance wheel 388,900 In a day, or 1,882.000 in a year. The above is mathemetlcally correct, and lould prove to you that a WATCH is a very 3llcate and complicated machine, and should be out of order the watch requires the air intlon of a ^irst Class Watchmaker The undersigned offers yon all the advan gee tbat skill and experience can command i the repairing of Patchs, Clocks and Jewelry. ENGRAVING ly style letter or monograme executed at iort notice. .11 Work Warranted 12 Months. A. first class stock of GOLD, SILVER and ICKEL WATCHES, JEWELRY. SILVER ARE, GOLD PENS &c. logers and Bro., Wm. Rogers )RKS, KNIVES Alb SPOONS. 3oods guaranteed as represented or mony funded. No charge for engraving goods ugbtof me. Place of business in F. F. Dunbar <fc Co's >re. I. B. Hennemann, GREENWOOD, S. 0. ran. 80,1891, tf 0 yards colored Lawns at 25 cents W. E. II. iw n We have opened u] pring and Summer G Gingham, Cha Teagle Cloth, Calico; mades, &c. ir Stock of Mil Fir, foi OUR LINE OF BLACK AX ATS, SCARFS. SUSPENDE] HEFS, AND GENTS FORNK aerally is very full. Iu fact all you could;def fe are Leaders In Shoes for Gents, Ladles and Children and Misses Slippers? ^ifty Cents a WE ARE HEADQUARTEI 5ES, CARTS. WAGONS, I SRICULTURAL IMPLEMEN .IES IN ALL LINES. if We cordially invite all to Call on us. V, JOEL SMJ prll 15, 1891. tf J. S. COTHRAN. V L. W. flSRRIlf. -T. P. COTEtRAN.COTHRAN,PERRIN & COTHRAN Attorneys at Law. Abbeville, S. C. April 29, 1891, tf. T.T.EWET.T.TN RWFEfiS JJJJU IV UUiJUl Mill ?L XJ AlMj In the Stud. JACK S. & CLEVELAND. Registered In A. K. C. Stud Book. Descendants of Gladstone, Lady Beaconsfleld, Pride of the Border, McDonald's Ranger, Ac. G. L. CONNOR, M. D. March 11,1891. Great Bargains. WE HAVE JUST PERFECTED AR" rangements with one of the most reliable firms In the United States by whlnh we have control of South Carolina for the sale of STIEFP PIANOS. DAVIS * SONS and PALACE ORGANS. We offer Instruments at a low prices and on a? liberal terms as can be hadanywbere. Don't purchase before seeing our catalogues and prices. Address : JOHN A. HOLLAND, Ninety-Six, 8. C. Representative of Chas. M. Stleff, Baltimore. Medical Notice. WE the undersigned have formed a co-partnership under the firm name and style of Mabry & Neoffer for the practice of MED* ICINE and SURGERY In all their branches. Calls will be promptly attended to. When the services or both are required only one charge will be made. THOMAS J. MABRY, M. D., G. A. NEUFFER, M. D. April 4th, 1890. DR. J. B. BRITT, PHYSICIAN AND DRUGGIST, - VERDERY, 8. C T\EALER In Pnre Drugs, Medicines, CbemJJ lcals. Paints, Stationery, fine Perfumery and Toilet Articles, Fancy Goods, Ac. Prescriptions accurately prepared at all hours. [Dec. 31,1890,12m VH. PATRICE CALHOUN, Attorney at Law and HEAL ESTATE AGEHT. IN addition to my Law Practice, I have ^ opened a Real Estate Agency, and will negotiate purchases and sales on reasonable terms. I already have a very large Real Estate business. It will be to the Interest of both buyers and sellers to give me a call. Abbeville, S. C., Feb. 25,1891. 1VEW Fancy Groceiy. 6. H. MOORE HAS opened a New Fancy and Green Grocery Store In Cotbran's Block. He deals in everything found In a Fancy Family Grocery Store, where yon can purchase the nicest CANNED GOODS, consisting of Canned Fruits, Vegetables, Heats, lid BE , together with FRESH PRUNES, APPLES, &o., and other delicacies. The substantial are BACON, BREAKFAST STRIPS, MEAL, IRISH POTATOES; and CABBAGE. FLOUR, MOLASSES, HAMS, V Cigars of the Best Brands. V Fresh Fish and Oysters, Fork Sausage and the choicest Beef a specialty. Oct 22, 1890. mm mm i ' i' als'd _ 1 Machine Works. GREEWOOD, S. C. Established 1889. All kinds of engines, gins, saw Mills, and general farm machinery repaired. A full line of Engine and iMlll Sapplies. AGENTS FOR TABBOTT & SONS Engines and Boilers, | Erie Engine Works Engine and Boilers. 'me Brown uoiiod uin, auguaui onu, ejikiv Gin, Acme Cotton Press. 30 per cent, discount on Brown Gin for Cash. 60 Saw Gin for $126. Don't Call to get my prices before buj log. S. F. STEPHENS, i Proprietor. I July 15,1891,12mo. r 10 yards Best Calico at 50 cents W. E Bell. 121-2 yards Best Bleached Homspon at 910. W. E, Bell. Pineapple tissues 9<cents per yard. New patterns at O. P. Heath & Co. 10 yards colored Ginghams at 75 cents W. E. Bell * II, GOODS. p a Splendid Stock 01 ootis. llies, Outings. 3, "White Goods, Cotil and Straw Hats is Immenselb COLORED SHIRTS. CRARS, HOSIERY, HANDKERTHINGS lira I Children. A great bargain Is now ottered Pair for Cash. IS FOR BUGGIES. CARRIIARNESS AND SADDLES, [TS AND FARMERS' SUP[TH & SONS.