PROGRESSIVE C. . nn FARMER. S. M W LB THE 1ND UAL AND EDUCATIONAL INTERESTS OF OUR PEOPLE PARAMOUNT TO ALL OTIIER CONSIDERATIONS OF STATE POLICY. RALEIGH, N. C, OCTOBER 13, 1891. Vol. 6. No. 34 THE NATIONAL FARMERS' ALLI ANCE AND INDUSTRIAL UNION. President L. L. Polk, North Caro lina. Address, 344 D. St., N. W., Washington, D. C. Vice President B. H. Clover, Cam bridge, Kansas. Secretary-Treasurer J. H. Turner, Georgia. Address, 239 North Capitol St., N. W., Washington, D. C. Lecturer J. H. Willetts, Kansas. EXECUTIVE BOARD. C. V. Macune, Washington, D. C. Alonzo Ward all, Huron, South Da kota. m J. F. Tillman, Palmetto. Tennessee. JUDICIARY. H. C. Demming, Chairman. Isaac McCraeken, Ozone. Ark. A. E. Cole, Fowlerville, Mich. NATIONAL LEGISLATIVE COUNCIL, The Presidents of all the State organ izations with L. L. Polk Ex-ofieio (Tiairman. NORTH CAROLINA FARMERS' STATE ALLI ANCE. President Marion Butler, Clinton, N C Vice-President T. B. Long. Ashe vi le, N. C. Secretary -Treasurer W. S. Barnes, Raleigh, . C. - Lecturer J. S. Bell, Brasstown, N.C. Steward C. C. Wright, Glass, N. C. Chaplain Rev. E. Pope, Chalk Level, N. C. Door-Keeper W. II. Tomlmson, Fayetteville, N. C. Assistant Door-Keeper II. E. King, Peanut, X. C. Sergeant-at-Arms J. S. Holt, Chalk Level, N. C. State Business Agent W. II . Worth, ttaleigh, N. C. Trustee Business Agency Fund W. A. Graham. Maehpelah, N. C. EXECUTIVE COMMITTEE OF THE NORTH CAROLINA FARMERS' STATE ALLIANCE. S. B. Alexander, Charlotte. N. C, Chairman: J. M. Mewborne, Kinston, NT. C. ; J. 5. Johnston, Ruffin, N. C. STATE ALLIANCE JUDICIARY COMMITTEE. Ellas Carr. A. Leazer, N. M. Cul breth, M. G. Gregory, Wm. C. Connell. 3TATE ALLIANCE LEGISLATIVE COMMITTEE. R. J. Powell, Raleigh, N. C. : N. C. English, Trinity College: J. J. Young, Polenta; II. A. Forney, Newton, N. C. North Carolina Reform Press Association. Officers J. L. Ramsey, President; Marion Butler, Vice-President ; W. S. Barnes, Secretary. PAPERS. Progressive Farmer, State Oran, Raleigh. N. C. C'aucusian, Clinton, X. Rural Home, VVilson, N. C. Watchman, Salisbury, N.C Farmers' Advocate, Tarboro, N. ('. Mountain Home Journal, Asheville, N. C Alliance Sentinel, Goldsboro, N. C. Country Lite, Trinity College. N. C Mercury, Hickory, N. V. Rattler, Whitakers, N. C. Each of the above-named papers are requested to keep the list standing on the first page and add others, provided they are duty elected. Any paper fail ing to advocate the Ocala platform will be dropped from the list promptly. Oar people can noiv see what jtapers are published in their interest. THE FINANCIAL SITUATION. Panics and Remedies. Mr. Editor: Panics are the residt of one financial system. We have five years of fair times, then comes the panic, and it takes five years for our industries to get themselves together. During panics we have enforced econ omy on every hand ; millions are out of employment, poverty and crime in creases and the tax-payers are hard pressed to meet expenses; capital is limited, and those who have money will not invest for fear of loss. The wonder is that capital invests at all. These panics in the past have been periodical and regular as the seasons. The financial doctors say panics have always l.eu and must continue; that what cannot be cured must be en dured. They never think of looking for thee uiKo, mu 'h less for the remedy. The politician dares not advocate a remedy for the better. He knows the minority interested in perpetuating existing conditions would defeat him. On one hand he sees an intelligent but FeltisH minority alive to their in terest, and on the other hand the pro ducers divided and filled with partv rancor. What can he do but quietly glide along and let this minority have its way? We are in the era of .steam, railroad, telegraph and mammoth ma chinery. The financial system that answered to the age of the slow coach, sickle and spinning wheel will not re spond to this. We have had a revolu tion in manufactures and transporta tion, and we must have a radical change ia our financial system. As the child outgrows its swadling bands and demands apparel suited to its changed condition, so we have out grown the old industrial system, and under a n-w financial system to meet the changed condition. Until this is done there can be no permanent pros perity. THE REMEDY FOR PANICS. 1. The abolition of all banks of issue and the issuing by the government of full legal tender United States notes in sufficient quantity to do the business of the country on a cash basis, putting them into circulation by paying a por tion of government expenditures. 2. Unlimited coinage of gold and f-ilver, each a full legal tender. 3. The establishment by the govern ment of postal savings banks. 4- The abolition of the credit system. This system would give us the ready money to do our business on a cash basis; it would stop an immense amount of litigation and add a large number to the industrial class now a burden on labor; it would reduce pov erty and crime one half, restore confi dence in all business, labor would be steadily employed, we would have no panics," for all the conditions are elimi nated. All having money would in vest and there would be no conflicting interests. There would be no money lost through failures of banks There would bo no run on the postal banks, for the whole wealth of the nation would be behind it. A system where every transaction is cash and every dollar deposited is guaranteed, there can be no panics. The establishment of the above sys tem would give an impetus to our in dustries such as the masses have never dreamed of, and we would produce double the wealth in a decade to be distributed among the wealth-producers. The advantages to be derived from the abolition of the credit system are vital and should receive the closest at tention of students of finance. Money, the sign of the substance, holds a posi tion far more commanding than the substance. This is a condition that should not exist and cannot exist in a financial system adapted to the indus trial classes. Money is the creature of law, created by the people for their convenience, vice to assist in exchanging the neces saries and luxuries of life. It has be come the master of the people, having fallen into the hands of those who use it to oppress. The sign of the substance is increasing in value and the substance is decreasing in value. The thing you cannot eat, drink or wear, is increas ing in value, and the things you want to get cheaper, and yet it is harder to fret because of the increased value of money. Let us tes: the old system and then the new. UNDER THE OLD SYSTEM. A. has money to loin. He finds it more profitable to loan his money, secured by first class real estate. B. has a mine but no money to de velop it. B. goes to A. and says, "you have the money, I have a fine mine ; put your money into it and we will make money." A. savs " I do not want to invest, but I wi)l loan you ten thousand dollars on five Tears' time at S per cent., prin cipal and interest payable in legal ten der, and you to give me a trust deed." B. borrows the money, hires labor, develops the 'mine and in five years h;ts paid in interest four thousand dol lars or two fifths of the capital loaned. TESTED UNDER THE INDUSTRIAL SYSTEM. A. has ten thousand dollars to invest and he knows B. has a good mine. A. goes to B. and says, " I have ten thou sand dollars that isnon productive and you have a mine that is non-productive. I will put my ten thousand dol lars against a one-half interest in your mine.' They arrive at an agreement, hire labor, develop the mine, and the four thousand dollars saved to capital and labor and one thousand million to the nation. Under the old financial system money and property is in antagonism. The money holder wants the largest possible amount of the products of labor for his money, To do this he must depreciate the substance by hav ing a small volume of money. The in dustrial class wants the largest number of the money-holders' money for a given amount of their labor. To do this they must have a larger volume of money. Under the old system there is endless antagonism bet ween the sign and the substance. Under the new there is perfect harmony, for the sign and the substance are partners. Under the old the sign made the substance pay a tribute of one thousand millions each year. Under the new the sub stance pays no tribute, and one thou sand million dollars is saved to produc tive capital and labor. They can both exclaim, whereas, under the old dispensation we were enemies, now, under the new, we are fast friends; let the nation benefited rejoice. Peace, good will to all. Any system that perpetuates the credit sys tem will retain the present antagonism to a large degree. The object in all financial legislation should be to reduce cost to the lowest figures. Any objec tion to this change I will answer through The Progressive Farmer. I will pay one hundred dollars to any one favoring the present financial system if they will show how it is pos sible to produce a panic where every transaction is cash and where every dollar deposited is guaranteed. Supplement this with the Sub-Treasury plan to relieve the farmers from their present distress, and you have a system perfectly free from panics. Business men can spread their sails to their fullest extent without fear of con fidence being destroyed and their busi ness paralyzed. James Murdock. REMEDY FOR STAGGERS. MOYOCK, N. C. Mr. Editor : Below is a remedy for the staggers in hogs, which was given me by a neighbor to send you for pub lication for the benefit of the farmers. He says he has tried it in several cases and some of them of the most aggra vated nature, and he has never known it to fail to effect a cure. The remedy is as follows : Take epsom salts as much as can be held in one hand, place it in a bottle and to it pour a pint of water, let it dissolve and with this drench the hog. This quantity haviDg proved suf ficient in every case to effect a cure without having to repeat the dose. Yours fraternally, T. J. Holt. THE SUB-TREASURY. Mooresville N. C. Mr. Editor: Both your correspon dents, R. J. Coen and the editors of the Faidkner County Wlieel, seem to mis understand my arguments, for if they had read my crmmunication in your issue of June 16th they would see that I am just as much in favor of the gov ernment issuing more money and loan ing it to the farmers as they are. But I was trying to show that it could be done, better and easier, without build ing a quantity of warehouses and ap pointing an army of non-producing officials, and trying to make a "corner" on cotton or wheat, thus trying to break up the universal law of supply and, demand, which would be found, in the end, only "kicking against the prices." The difference between the editors of the Wheel and myself is, I am entirely dependent for my facts on which to base my arguments on what I read and hear, "while he sneers at statisti cians, and appears to have some source of information unattainable to the rest of the world. I do not know, of my own knowl edge, that there has been a bale of cot ton shipped to Liverpool for ten years, but I have read that there was, and base my opinions on those statistics. He states as a fact that the "fall in the price of cotton was not caused by the abundant crop, for the world is still in need, but by our false monetary system." Now, I read at the time the news of the collapse of the Argentine system was given, that cotton cloths had de clined in Liverpool, and a day or so following that cotton had fallen in prices, and the New York market did not fall as fast as the Liverpool market did, and there was a sale of cotton in this town at 12 cents, after the price had fallen in Liverpool J of a penny, equal to H cents here. It may bo pos sible but I can't understand why "our false monetary system " should reduce the price in Liverpool before it does here. About the world being still in need, I read the statistics, Sept. 19th: Total stock of American cotton visible, 1,330,015 bales. One year ago (Sept. 18th) (after the largest crop that had ever been raised there) 61)9,721. But the statisticians mav be wrong and the editors of the Wheel righT there may be a great need of more cotton. I did not contend that we were de pendent on Europe for our daily bread or our clothes I was writing about a market for our cotton. Now. from what I read, I believe that the United States raises over three quarters of the cotton of the world; that over five sixths of this amount is exported either in b lies, yarn or cloth, nearly all of which goes to Europe. If the price of cotton was raised 50 per cent, and to have this all sold in this country, it would require the people to spend nine times as much for clothes as they do now. If the people had nine times as much money to spend for clothes as they do now, would not the most of it be spent for silk, linen, wool, furs and ornaments? I do not believe there would be as much cotton worn as there is now, and I do not believe the Alli ance nor the United States Govern ment can force the European dealers to pay more for cotton than the de mand for the goods will warrant them a fair return for. His statement, as a fact, that "Eu rope would have bought just as much cotton at 12 cts, or perhaps at 15 cts. as at 8 cts." is a staggerer. It is some thing new in political economy, worthy of giving its author a professor's chair in the highest institution of learning in the land, if he can demonstrate it. It has always been thought that the cheaper anything could be produced without deterioration cf quality, the more would be used. I know I should buy a suit of clothes oftener if I could get them for $10 than if I had to pay $15 for them. In my first two communications I did endeavor to "correct the details" and all the "finding fault " I have done was with the view of doing what I could to induce the dropping of the warehouse system and 'spending all our energy on the more practical and as I beh'eve more beneficial objects of the platform. My plan is that the gov ernment issue notes, payable in specie, some to be loaned to the farmers through the State and local officials, and that every postoflice that is now a money order office be made a savings bank, and that a certain part of the deposits may be loaned on good per sonal security. Both of these I believe to be perfectly constitutional, and the postal savings bank has been advocated by many men who could not be in duced to favor the Sub Treasury ware house scheme. Now I do not think the editor of the Wheel believes that the amount of money that would be issued on warehoused crops in one year would be sufficient to bring about the great changes he describes, but that he means the other plans of financial re form also. I tee in your paper that a West Virginia Alliance paper thinks that not one man in a hundred would avail himself of the advantages of the warehouses. I don't know but that is a little strong, but I don't believe one fourth of the crops would be ware housed. In either case, the increase of the currency in one year would be very small, from the warehouse plan alone. But there is another matter which I have not seen mentioned yet in any Alliance paper, which I think is of more immediate importance than either of these, in connection with the free coinage of silver. There was pub lished, about two weeks ago. in the Richmond Dispatch, an open letter from Maj. Dabley to Senator Daniel, in which he showed that the bankers and capitalists were hoarding the gol i, gold certificates and demand notes, payable in gold, and making all notes ana mortgages with any time to run payable in gold, with the evident in tention of forcing gold to a premium if any free coinage or silver bill became a law, and gave it as his opinion that Congress had power to make a silver dollar a legal tender for all debts what ever, even if the contract called for gold. I thought this rather doubtful, as the government had themselves issued a large. amount of certificates payable only in gold, but a letter of Judge Hughes in the same paper last week -affirmed the opinion of Maj. Dooley and also gave the opinions of several of the Judges of the U. S. Su preme Court in the legal-tender decis ions, which all show the same power to lie in the Congress of the United States. Now if this is so, it is the in terest of every laboring man and of every debtor in the country that Con gress should at once pass an act declar ing that a silver dollar and also a U. S. note shall be full legal-tender for all debts whatever specified to be paid in gold or note. This would bring the gold which is now hoarded into circu lation and thereby do more to increase the circulating medium than all the mints could do by coining silver for five years, and do more to bring the price of silver bullion to a par with gold than any free coinage bill could possibly do. It would also enable the debtor to pay his debts in the same value in which they were contracted, otherwise the creditor will force the debtor to pay him 20 or 30 more silver dollars on the hundred to cancel his debt than what he loaned him. But Senator Daniel replies in this week's Disjiatch, admitting all that Dooley and Hughes had said about the power of Congres to enact such a law, hut does not think it is 7iecessary to do it noic. Now if it is right to pass such a law at all if the principle of it is just why should not such a law be passed at the earliest possible moment? The Alliance has endorsed Senator Daniels for re-election, but this excuse for delay shows he is not really in sym pathy with the laboring and debtor class which is supposed to be repr -seated in the Alliance. In fact 1 do not believe that any of the reforms de manded l3r the Alliance can be ob tained through the politicians of either old political party. The half-hearted and ambiguous endorsements which thej give to our demands give very little hope of any result. Every Sen ator and Representative to Congress should be pledged to work to secure a law which would make a silver dollar and a U. S. paper dollar as good for use in all cases in this country as a gold dollar, no matter what the note may call for, and, to make itself con sistent, tht all gold certificates and silver certificates be called in and can celled and notes payable in specie is sued in their place. But I have no hope that this or any other reform of any importance wilf be effected while either the Republican or Democratic party are in power, and I have very small faith that tHe People's party will get in power with the Sub-Treasury warehouse as the principal emblem on their banners. As for your other critic, such argu ments as "humbug," "fancies of a dis ordered imagination," "another rotten chestnut," are hard arguments to an swer by any one who tries to write common sense and reason. The few days work for a few carpenters or ma sons building the warehouses is a very small sup to offer the whole body of mechanics, but if you could make me believe it would really be a benefit to the farmers, I would never say a word against it. As for office seekers and mossback politicians, does he think there are none in the Alliance? Can he find no one among the officers and lecturers who have ever been promi nent in politics? As for myself I have never sought any office, except one year as clerk of a school board, with out any pay. Nearly all the rest of his letter is good old-fashioned truth, with which I can heartily concur. If he had read my communication carefully, lie would see that I approved of "class legislation" in favor of farmers if it would really benefit them and not cre ate a burden for the rest of the nation. B. J. N. RESOLUTIONS. Mr. Editor : Having read the pro ceedings of a meeting held in the rooms of Red House Alliance on the 22d day of August at which time and place, they being true Alliancemen, did re resolve 1st, that they demanded re form in the administration of our gov ernment and would not co operate with any party nor vote for any man for any political office that does not adopt the measures they approve; 2d, that they fully approve the Ocala platform, be it Resolved, That Auburn Alliance, No. 41, do hereby endorse the above reso lutions and ask the co operation of all true Alliancemen in every section of our country. 2d. That we do endorse all the acts of our worthy President, Col. L. L. Polk, so long as he shall strive to ele vate the working class of our country and defend the principles of the Alii ance laid down in our Constitution, as he has heretofore done. 3d. That these resolutions be sent to The Progressive Farmer with request that they be published. Yours fraternally, M. T. Wilder, Sec'y. THE FARMER AND THE DOLLAR. Or, the Unjust and Oppressive Power of Money to Oppress A Remedy Proposed. Mr. Editor: The familiar and well worn proverb that " in the multitude of counselors there is safety," is con sidered a sufficient apology for an effort to aid my brethren of the plow to solve a question of such vast import ance to us, that when properly consid ered and viewed in its true light, all other so called great economic ques tions of the day dwindle into utter in significanrje. The farmer feels the burden of the yoke of oppression. How it has been fastened upon him, and how to. thro w it off, is his constant inquiry. The great upheaval among the farmers and other laboring classes is due to a long concealed or hidden cause which be gins now to be exposed to view as the great host of labor gradually ascends the eminences in the wilderness of de spair and looks over into the promised land of just inheritance, wherein the shylocks and usurers have no portion. the power of labor To create and accumulate value must be understood in order to contrast it intelligently with the power of money to accumulate value. Labor possesses creative as well as accumulative power, while money possesses the power only to represent, measure and exchange values and to accumulate value by in terest. The power of labor is inherent, natural and limited only by the physi cal and mental capacity of man, while the power of money is artificial fixed by law and the dollar is the creature of law. The essential and wide apart difference between labor and money is that the former is a creator and the latter a creature. the creative power or labor Was conferred upon man and fixed by the fiat of Jehovah which went forth from Eden, " in the sweat of thy face thou s5ia.lt eat bread " From that day man became a creator of values. A fov hundred years ago there were no values counted as such and avail able for the use of civilized man in the whole of the then vast unknown wilderness of America. All the great cities and towns, the thousands of miles of railways, the millions of farms, the mines and factories, and evt-ry other adjunct of modern civilization which now exist in all of these great American States aie the creations of labor. The labor of the farmer creates the billions of bushels of grain, the pounds of cotton and tobacco, and to day there are more than sixty billions of dollars of accumulated values, all of which owe their existence to the labor of man. Labor the God-given power of brain and muscle is the creator of all values and the whole vast fabric of civiliza tion itself rest upon labor. A COMPARISON OF LABOR AND MONEY. The accumulative power of labor is denied by none, but understood by but few. This power can never be as certained with exact mathematical ac curacy, as it depends entirely upon the power of production, which cannot be otherwise than variable. Labor necessarily consumes a cer tain proportion of its product for sup port. Laboring men have families to feed, clothe and educate, after which there is a surplus more or less in quantity, dependent upon their sur roundings. The writer cannot undertake in a newspaper article to introduce the statistics which would be required to show, approximately even, the net surplus earnings of labor, nor the rate per cent, increase of the accumulations of such surplus ; but any farmer can satisfy himself on this point by an ex amination of his own financial condi tion, or that of his neighbors, while those who will take the trouble to ex amine the statistics of the increase of wealth, by farming and other manual labor, will find that its net surplus ac cumulates at a very low rate per cent. And it may be stated with reasonable certainty that labor, upon an average, is only able to double its capital basis, so to speak, once in a life-time of about seventy years, while money at 8 per cent, compounded will double itself in less than nine years. If this statement be true, which we think can be verified by the experience of thousands of farm ers and other laborers, it is a startling fact, and deserves the very careful study of all of us who are concerned. Suppose a young man starting life as a farm laborer at the age of twenty -one, without inheritance of money or other property and having a wife similarly circumstanced. A fair amount of wages for a year's labor would be $S5, with house, garden, fire-wood, and usual allowance for rations added, amounting to not less than $120. Out of the $85 would have to be deducted, say $40 for wife's board, and $30 for clothing for himself and wife, which would leave the saving, or surplus of wages at SI 5, without taking into ac count all the risks of loss of time by sickness, accidents or other contingen cies to which all laborers are subject. This net surplus of $15 would be exactly 1 per cent, on $1500, which represents the gross amount of the laborer's capi tal oasis on which he receives 8 per cent, gross, or $120, but after support he only saves $15. In other words, the young man'" labor the output of his brain and brawn, enforced by the eter nal law of his Maker is set against the power of $1500 of lifeless, soulless and sordid dust, which neither eats, drinks, sleeps nor wears clothes, and which is endowed by his fellow man, with the eight times as much m a year. Stated in another way. the voung man is able to accumulate, by his labor, 1 per cent, net, annually, which will double his capital basis in a little less than seventy years, amounting to $3,000, if he lives to the age of ninety one years; but, if death should over take him at that age, his net surplus derived from the labor of an unusually long life would only be $1500, while $1500 loaned at 8 per cent, interest, payable annually and re loaned, would double itself in nine years, and in eighteen would amount to $0,000; in twenty-seven years, to $12,000; in thirty-six years, $24,000 ; in forty-five years, $18,000; in fifty-four years, $96. 000; in sixty-three years, $192,000; and in seventy years, a little less than $300,000. Thus accumulating two hun dred times faster than labor. In the case stated above, the young man starting in business at twenty one years would have to reach the ex tremely advanced age of ninety -one before doubling his surplus accumula tions; but, comparatively few men reach such an age, and it is unreason able to conclude that those who do, would be able to accumulate anything during the last twenty or thirty years of their life-time. And it would prob ably be fair to say that instead of doubling his capital basis at the end of seventy years, the young man would only increase it to $2500, leaving at the expiration of an ordinary life-time, only a net accumulation of $1,000, be ing three hundred times less than fif teen hundred dollars would accumula te in the same length of time. And so it is, that money the creature has the power, by law, to accumulate by in terest, during the ordinary life-time of a laborer three hundred times more than labor. Labor, truly, accumulates to some extent after receiving a support ; but, as has been sho wn, only as a drop in the bucket compared to money. No wonder that the wealth of country ac cumulates in the hands of the few to the impoverishment of the many. Labor serves, while money commands. Libor is the slave. Money is the master. And so it comes, that in this free land of boasted equality, where we claim "equal rights for all and special privileges to none," that the young laborer, whose capital of brain and brawn, flesh and blood, body and soul, is represented by fifteen hundred dol lars of money, and can only gain, in a life time, one thousand dollars, and then cease to exist; wh'Ie fifteen hun dred dollars of actual money dead metal and dead paper, is allowed by human law, contrary to God s law, to gain the enormous sum of three hun dred thousand dollars, and still con tinue to exist to increase the oppres sions and burdens of unborn genera tions. Rufus Averis. RESOLUTIONS AND THE COTTON ACREAGE. Alfordsville, N. C. Whereas, It is claimed that the present low price of cotton will not meet the expense of production, and that the only remedy for obtaining a higher marketable price for this great staple product of the South lies in the reduction of the acreage ; and , where as, this question is now agitating the minds of a great many of the Alliance bodies to the extent of causing them in their meetings to pass some resolu tions in respect to it. Such resolutions as follows, viz: Not to plant more than ten acres to the horse, &e. ; and whereas, we believe that any and all resolutions passed by any Alliance body, on any matter whatever, should be kept and faithfully carried out; therefore we advise that all Alliances would move slowly and cautiously on this line, knowing full well that if such steps were taken and carried out on the part of the Alliancemen alone that it would play liberally into the hands of our largest and fullest handed cot ton planters who are non-Alliancemen and are to-day opposing the onward and upward progress of our grand Order with all their might and main. Therefore Ave have resolved not to give any encouragement to our Alliance brethren to tackle this desired reduc tion of acreage unless we get the full assistance of all cotton planters, of whatever color, class or aflliliation. Now we therefore recommend that the various Alliances throughout the cotton growing States address com munications to the Governors and heads of agricultural bureaus of their respective States askiag them to take such steps as would lead to the assem bling of a convention of cotton plant ers at some convenient place in the Southern States to take into considera tion the situation and devise some remedy if possible. And we here take the privilege of suggesting that when the convention meets that they have some suitable forms of obligations printed and sent out among te Alli ances, to be presented by them to all cotton planters of whatever class, order or distinction, to be filled out and signed by as many as can be got ten to do so in every community, mak ing first twenty acres planted to the horse as a basis of the present acreage planted, and requiring a reduction of 10 per cent. When these obligations are collected back by the Alliances and forwarded to the secretary of the cotton conven tion, with a full report of what portion of cotton planters in each community were gotten to sign them, it would be clearly shovn whether the Alliance should tackle it or not. Alex. Alford, Sec'y. legal power to earn i 8