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Story
July 31, 1891
The New North West
Deer Lodge, Powell County, Montana
What is this article about?
At a farmers' encampment in Sulphur Springs, Texas, on July 29, Senator Peffer spoke to over 4,000 people, advocating government loans at 1% interest to lift $900 million in mortgages using fiat money, and predicted the People's Party would elect the president, Congress, Senate, and reform the Supreme Court if needed.
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MONEY AT ONE PER CENT
Senator Peffer Says the Farmers Will Elect the President.
SULPHUR SPRINGS, Tex., July 29.—Senator Peffer was the orator at the farmer's encampment last night. More than 4000 people were present to hear the Kansas Senator. He wanted the government to loan people money at 1 per cent, to lift $900,000,000 mortgages, and to pull the teeth and close the mouth of the great red dragon in Wall street. He proposed to do this with flat money, issued directly to the people who had mortgaged their homes. His speech lasted two hours and he closed by saying the people's party would finally elect the president, congress and the senate, and if the supreme court was not with them then they would make another.
Senator Peffer Says the Farmers Will Elect the President.
SULPHUR SPRINGS, Tex., July 29.—Senator Peffer was the orator at the farmer's encampment last night. More than 4000 people were present to hear the Kansas Senator. He wanted the government to loan people money at 1 per cent, to lift $900,000,000 mortgages, and to pull the teeth and close the mouth of the great red dragon in Wall street. He proposed to do this with flat money, issued directly to the people who had mortgaged their homes. His speech lasted two hours and he closed by saying the people's party would finally elect the president, congress and the senate, and if the supreme court was not with them then they would make another.
What sub-type of article is it?
Historical Event
What themes does it cover?
Justice
Misfortune
Triumph
What keywords are associated?
Senator Peffer
Farmers Encampment
One Percent Loans
Mortgages Relief
Peoples Party
Wall Street
Fiat Money
What entities or persons were involved?
Senator Peffer
Where did it happen?
Sulphur Springs, Tex.
Story Details
Key Persons
Senator Peffer
Location
Sulphur Springs, Tex.
Event Date
July 29
Story Details
Senator Peffer delivers a speech at a farmers' encampment, proposing government fiat money loans at 1% to relieve $900 million in mortgages and curb Wall Street influence, predicting the People's Party will gain control of government branches.