29 Oct 1891
Page 1
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Newspaper
Brookhaven Leader
Location
Brookhaven, Mississippi, United States of America
Date
Oct 29, 1891
Page
1
A long list of officers from Cliftonville Newport Okolona and others is named with roles in a state alliance. The document includes a Declaration of Purposes advocating unity, anti monopoly sentiments, equal rights, educational labor aims, charity, and reforms. It also calls for banking and financial reforms, land and taxation measures, and direct popular election of U S Senators.
The item combines several reader fragments on the Farmers Alliance, the people’s party prospects, and political rhetoric. It cites Prof Canfield of Kansas State University, discusses monetary values of coins, and argues for graduated cumulative taxation to curb land monopoly and trusts. Strong entities include Kansas, Georgia, Missouri and Topeka Alliance Tribune. The tone warns of English money power and political corruption.
The piece critiques Sherman and his claim that remonetizing silver harms farmers, arguing that demonetization caused falling values and a gold standard. It cites T. B. Taker and Progressive Farmer as authorities, noting distrust of financial systems and farmer insolvency theories.
Four large sailing ships left San Francisco on the same day bound for Europe in a major ocean race. The Shenandoah, a 3255 ton four masted ship from Bath, carries 5000 tons of wheat to Liverpool and is the leading contender. Strathearn, a 20 year old British iron ship, is her fiercest rival as a fast packet formerly between New York and Liverpool. The S. D. Carleton of Rockport and the Balka mah of Britain are en route to Havre.
The Sheffield land iron coal trust closure marks one of the souths largest deals with Col Dennan securing 97 percent. a new company forms with own stock while Sheffield Security & Trust Co raises a million dollars in capital. Three furnaces planned and a water works system pledged. a new hotel costs 150,000 and opens. Col Dathan travels to New York to finalize options. steel from Sheffield iron shows robust progress amid regional industry expansion.
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