Nebraska Newspapers

    The Pulpit and the Stage.
llov. V. M.Shrout , Pastor United Brethren
Church. Hluo Mound , Kan. , says : "I feel It
my duty to tell what wonders Dr. King's New
Discovery has done for me. My lungH were
badly diseased , und my parishioners thought
I could live only a few wioks. 1 took live betties -
ties of Dr. King's New Discovery and am
sound and well , gaining SJfl pounds In weight. "
Arthur Love , Manager Love's Funny Fold's
Combination , writes : "Aftorathorough trial
and convincing evidence , I am confident Dr.
\ King's Now Discovery for Consumption , beats
> ' 'em all , und cures when everything else falls.
The greatest kindness I can do my many
thousand friends Is to urge them to try it. "
Free trial bottles at A. McMillan's drug store.
Regular sizes 50 cents and $1.00. 30-4.
Report School District No. 1.
Keportof Ited Willow School , District No. 1 ,
for month ending .Ian. 2d. 1801 :
Kumberof days taught 18
Number of pupils enrolled 32
Aggregate daily attendance 541
Average dully attendance 30
lloll of honor : Owen Longneoker. itellc Hun-
nell , Clara. Charlie , Klvn and GUIs Andrews.
M. E. EAST. Teacher.
SHERIFF'S SAllE.
By vfriiu' of an order of pale directed to me
from tln > district court of itcd Willow county.
Nebraska , on a judgment obtained before
Hon. .1. E. Cochran. judge ot the district court
of'Ited Willow county , Nebraska , on the -d
day of December. ISb'J , in tavor of Nebraska
As Kansas Farm Lmin Company as plaintiff ,
and atralnsr. .lames A. Porter as defendant ,
for the sum of lllty-slx dollars and forty four
cents.and costs taxed at & ! 0.8o and accruing
costs. 1 have levied upon the following real
estate taken as the property of said defend
ant , to satisfy Biiid decree , to-wlt : N. E. 34 of
N. W. & and N. W. > of N. E. ! of section 33.
and 8. E J4 of S. W. J4. and S.V. . & of S. E. X
section 28. town. 1. range ' ( J. west of Cth P. M. .
In Hert Willow county , Nebraska. And will
offer the same for sale to the highest bidder ,
for cash in hand , on the Jilst day of February.
A. D. 1891. in front of the south door of the
court house , in Indianola. Nebraska , that
being the building wherein the lust term of
court was held , at. the hour of one o'clock P.
M. . of said day. when and where due attend
ance will be given by the undersigned.
Dated January 7,1891. W. A. McCoor , .
33 Sheriff of said County.
SHERIFF'S SALE.
By virtue of an order of sale directed to me
from the district court of Ited Willow county.
Nebraska , on a judgment rendered in the dis
trict court of Ued Willow county , Nebraska ,
on the 10th day of December , 1890 , in favor of
Nebraska Mortgage Company as plaintiff , und
against Daniel E. Eikunberry et al as defend
ants , for the sum of nine hundred and seven
teen dollars und thirty cents , and costs taxed
at $33 43 and accruing costs. I have levied upon
the following real estate taken as the proper
ty of said defendant , to satisfy said decree , to-
wlt : S. E. J of section eight (8) ( ) town , two (2) )
north of range twenty-nine (29) ) west of 6th P.
M. . in Ited Willow county. Nebraska. And
will offer the same for sale to the highest bid
der for cash in hand , on the 21st day of Feb
ruary A. D. 1891 , in front of the south door of
the court house , in indiunola. Nebraska , that
being the building wherein the lust term of
court was held , at the hour of one o'clock
P. M. . of said day. when and where due attend
ance will be given by the undersigned.
D > ited January Oth , 1891.
33 W. A. McCoor. .
Sheriff of said County.
SHERIFF'S SALE.
By virtue of an order of sale directed to me
from the dibtrict court of Ited Willow county ,
Nebraska , on u judgment obtained before .1.
E. Cochran , judge of the district court of Hed
Willow county , Nebraska , on the 10th day of
December , 1890 , in fuvorof Emily O. Gibbs as
plaintiff , and against Henry Uallreich us defendant
fondant , for the sum ot six hundred and forty-
six dollars and thirty-one cents , and costs
taxed at $31.48 and accruing costs. 1 have
levied upon the following real estate taken as
the property ot said defendant , to satisfy said
decree to-wit : The N. W. h , ot section 11 ,
township 1 , north of range 30 , west of Cth P.M. ,
in Hed Willow county. Nebraska. And will
offer the same for sale to the highest bidder ,
for cash in bund , on the 21st day of February ,
A. D. 1891. in front of the south door of the
court house , in Indianola , Nebraska , that
being the building wherein the lust term of
court was held , at the hour of one o'clock ,
P.M. , of said day. when and where due at
tendance will be jriven by the undersigned.
Dated January 5th , 1891.
33 W. A. MCCOOL.
Sheriff of said County.
NOTICE.
The regular meeting of the McCook Invest
meut Company will be held in the Secretary's
office at 8 o'clock , P. M. . C. T. , Tuesday , Janu
ary 13th. 1891. for the e'ection of officers and
such other business us may cotne before it.
Jan. 2.1891. W. M. ANDEHSON , Secretary.
Isaiah Smith and Mary M. Smith , defendants ,
will take notice that on the 8th dav of Novem
ber , 189U. The Farmers Trust Company , plain
tiff , filed its petition in the district court of
Bed Willow county , state of Nebraska , against
the said Isaiah Smith und Mury M. Smith , the
object und prayer of which is to foreclose a
certain mortgage given by said defendants to
said plaintiff to secure the payment of one
principal note and ten interest coupon notes ,
all dated August 1st. 1889 : the principal note
for $850.00 due August. 1894 , said ten notes
each for the sum of $29 75 , the first maturing
on the first day of February. 1890. and one
note maturing every six months thereafter ,
until the maturity of the last of said ten notes
maturing on the first day of August , 1894.
Said mortgage was given upon the west half
of the northeast quarter and the east half of
the northwest quarter of section tv/enty-
eight. township two , range twenty-nine , west
of 6th P. M. , Red Willow county , Nebraska.
Default has been made in the payment of
$24.30 of the note maturing on the first day of
February , 1890 , and in the payment of the
note maturing on the first day of August ,
1890. That by the conditions of said mortgage
said principal note has become due and there
is now due on said notes the sum of $904.05.
with interest at seven per cent , on S850.00
thereof from August 1st. 1890. and on $24 30
thereof from February 1st , 1890. at ten per
cent , per annum , and on $29.75 thereof from
the 1st day of August. 1890 , at ten per cent.
That unless said sum and interest is paid said
mortgage will be foreclosed and said premises
sold and the proceeds of said sale applied in
payment of said debt.
You are required to answer this petition on
or before the 26th day of January. 1891.
Dated December llth. 1890.
FARMEUS TRUST COMPANY , Plaintiff.
By W. S. Morlan , its attorney. 30-4ts.
LAND OFFICE AT McCooK , NED. , I
January 7th , 1891. f
Notice is hereby given that the following-
named settler has filed notice of his intention
to rnakp final five-year proof in support of his
claim , and that said proof will be made before
Kegister or Receiver at McCook , Neb. , on
Thursday , February 19th , 1891. viz :
GEORGE E. ZIMMERMAN.
who made H. E. No. , for the S. W. & of
section 35. in township 2 , north of range 29 ,
west ot 6th P. M. He names the following
witne-ses to prove bis continuous residence
upon , and cultivation of. said land , viz :
James M. Kanouse , George Fowler. John Stal
ker and James Troy , all of McCook. Neb.
33 S. P. HART. Register.
LAND OFFICE AT McCooK , NEB. , ( .
December Ctb , 1890. I
Notice is hereby given that the following-
named settler has filed notice of her intention
to make final five year proof in support of her
claim , and that said proof will be made before
Register or Receiver at McCook , Neb. , on Sat
urday. January 17th , 1891 , viz :
LUCINDA PIPER ,
widow of Joseph B. Piper , deceased , H. E. 082.
for the North-East H of Section 3 , Township
4. North of Range 29. West of 6th P. M. She
names the following witness to prove her con
tinuous residence upon , and cultivation of.
eaid land , viz : John F. Miller , Mathew Stew
art. Stephen Bolles. of Box Elder. William
Weygint of McCook , Neb. S. P. HAIIT ,
29. Register.
FARMERS' ALLIANCE.
NEWS OF THE MOVEMENT.
Tramps should have an opportunity
to work und earn a living and be com
pelled to do so , if they Bhirk , and so
should Gould and Vandcrbilt. Ne
braska Independent.
The labor reformer of single purpose
has a thorny road to travel. Hated by
the rich and betrayed and neglected by
the poor he is crucified to death. The
labor reformer must expect martyrdom
as a reward. Paterson ( N. J. ) Labor
Standard.
It would not be a loss of time for
some of the Alliance men who are turn
ing up their noses at old Grcenbackers
to read the old Greenback platforms ,
beginning with that of 1870. They will
find such a striking similarity between
the old Greenback platform that they
will be surprised. Sentinel.
The People's party was organized on
the 23d of September in Indiana. In
six weeks , it cast 17,345 votes. With but
little time and very little effort that
many voters 'at least voted for what
they thought was best and with the suc
cess elsewhere to stimulate us we have
no doubt Indiana will do her full duty
in ISU'2. Indianapolis Leader.
A man is no better than other men
simply because he is a farmer ; but be
ing a farmer , he more thoroughly un
derstands the needs of that great ma
jority class , and if he possesses ordinary
ability , can be more implicitly trusted
to work for their interest than a pro
fessional politician. That is why the
people are asking for the farmers to fill
their ollices. Western Advocate.
Quite a number of merchants , me
chanics and other classes don't seem to
have sense enough to see that to bank
rupt the farmer is to bankrupt his own
best interest , hence he goes on antag
onizing the producers of all the wealth.
If you bankrupt the farmer you but
bankrupt the Nation. The interests of
all classes depend directly upon the
farmer. When all greed that is against
the farmer has bankrupted him , then
will grass grow in the streets of our
cities. Harper ( Kan. ) Bulletin.
The Chicago Express says it has it on
good authority that the "spontaneous
uprising of the laboring men is the chief
topic of conversation" in Washington.
That paper , if it had been thoroughly
posted , might have added that it is all
the talk wherever you go , whether in
town or country. Sooner or later this
same Alliance movement will swallow
up all other movements , political or
what not , and their ears will not have
to be pinned back nor their heads
greased to enable it to do it , either.
Labor Journal.
Politicians who argue that overpro
duction is the cause of low prices of
products and consequent hard times
have failed to explain why last winter
the Kansas and Nebraska farmer was
suffering for fuel with plenty of col
lateral in the shape of corn to purchase
with , and at the same time the Penn
sylvania miner was starving for corn
with plenty of collateral in the shape of
coal to purchase with. Was it because
these two commodities were eaten up
by extortionate transportation rates , or
because the money and stock jobbers
juggled the markets to such an extent
that products were a drug ? At any rate
the poor man had to suffer and all the
people cried hard times , the same as in
this year of famine , ' ' "he overproduction
tion liar must get to vork if he would
reconcile these facts. Nebraska Inde
pendent.
The Knights of Labor , at their recent
General Assembly , came to an agree
ment on the question of a union with
the Farmers" Alliance. This move was
inaugurated several months ago , and
last week delegates from the general
assembly met the Supreme Council of
the National Farmers' Alliance at
Ocala , Fla. , for the purpose of arrang
ing to hold a National Reform Indus
trial convention in the near future. The
united action of these two great or
ganizations is bound to bring about a
state of affairs in the political manage
ment of the country very different from
what now exists. The farmers and
workingmen of the land have submitted
to the grinding heel of monopoly to
their utmost limit of endurance , and
propose to do so no longer. It is very
apparent that corporation plutocracy
has reached its zenith and is declining
beneath a decidedly hazy horizon
Sexton ( Pa. ) Herald.
CURRENCY AND TAXATION.
Ho iv a Flexible and Klantic Volume of Cur
rency Can Be Obtained The Ultimate
End Sought Is Xot the Abolition of Tax
ation , But the Destruction of the Power
of Money to Oppress.
The masterly production , published in the
National View of November 29 , from the
trenchant pen of Stephen Maybell , needs no
lines of commendation penned by the feeble
writer , whom Mr. Maybell so kindly , but un
deservedly , compliments. Suffice it to say ,
that the said article is an able , clear and
forcible indictment and arraignment of the
idiotic system under which we groan , and by
means of which productive labor is made
the unwilling , but helpless , victim of the
monster iniquity usury. Butwhilel heartily
concur in the statement of pregnant truths
concerning rent , interest and profit , which
Mr. Maybell presents in such bold and vigor
ous language , yet I am obliged to confess
that I am somewhat dubious about the "no
tax" feature of land currency.
As I understand it the ultimate end sought
In the establishment of a system of land cur
rency , or loans by the whole to the unit , was
not the abolition of taxation , but the destruc
tion of the power of money to oppress.which
is the unrestricted intcrest-drawingpower of
money , in the hands of the individualwhich ;
always has and always will impoverish the
masses and enrich the few. But Brother
Maybell does not exactly state my position
in reference to the volume of currency and
taxation. lam not a stickler for per capita
circulation. Indeed , I recognize the fact that
the very essence of the nineteenth century
financial reform is the demand that the vol
ume of money shall not be fixed or station
ary , but , on the contrary , shall be flexible ,
elastic and automatic. Money can be ren
dered flexible and elastic , and subject to the
laws of supply and demand , and above all ,
automatic , by the people standing ready at
all times to furnish money to the individual
at a low rate of interest ( the lower the bet
ter ) and by standing ready , at all times , to
pay the individual the same established rate
of interest for the use of money.
This can be effected by an issue of United
States bonds , in small denominations , re
deemable at the option of both the holder
and the people , or Government. Then when
the individual can not use money in legiti
mate business , so as to make it pay store
than the National legal rate of Inci-oiwo ( In
terest ) ho will return It to the people by
funding It In United States bonds ( safety
fund notes ) , and Borne other individual will
have a chance to try his hand at using the
money to advantage , the Interest ho pays to
the people balancing the interest paid by the
people to th" other Individual , the people
charging In each case a small fee for attend *
Ing to the business. Thus would be provided
a flexible volumes of currency which would
automatically adjust Itself to the demands o !
business and productive industry , and the
term per capita circulation would become
obsolete and fall into "Innocuous desue
tude. "
This is as far as I have advanced in my
study of the question , and I am not yet pre
pared to admit that the people could advan
tageously usu the enormous volume of cur
rency , the Interest upon which at two per
cent-would pay the expenses of our National
Government ; while , at the same time , I can
see no provision whatever In Mr. Maybell's
plan for the payment of State , county and
municipal expenses. Nor do I consider it
either proper or practical to keep our whole
landed estate under a perpetual mortgage In
order to provide such money. Moreover.each
dollarwhen it leaves the land-owner's hands ,
and forever afterwords , must represent labor
performed. Bear that In mind.
It is said by those 'who pretend to know ,
that , as a rule , the farmers of the United
States arc working their lands at a loss In
stead of a profit. If this be the case , the
farming lands of the Nation , under the pres
ent system , are worthless to their owners ,
but a source of profit to the money-lenders
who hold mortgages upon them. There are
two prominent and plainly revealed factors
which work together to produce this de
plorable result.
First. The fact that the farms are , as a rule ,
mortgaged at an average rate of Interest of ,
say , eight per cent Money borrowed from
the people at two per cent. , with which to
pay the present mortgages , would at once
place six per cent , upon the right side of the
ledger upon such portion of the value of the
farm as is represented by the mortgage.
This might turn the scale , and cause the
farm to be opened at a small profit.
Second. But first , In fact , is the cause
which produced this condition of universal
mortgage Indebtedness. The cause Is this :
The farmer , during the period of sixty or
ninety days , must dump upon a speculative
market , to be handled by an inflexible , rigid
volume of currency , the world's supply of
grain for the next twelve months A farm
already mortgaged to the people for money
to pay off the present existing mortgages ,
will not afford security for any further loan.
Nothing but the sub-trea9ury plan , or some
thing like It , will savq , the farmer from utter
ruin. But if all land were now paying the
legal rate of interest upon its value , and
that legal rate averages six per cent. , then ,
if the rate of interest is reduced to two
per cent , land at once will treble Its
value , as land is worth that amount of money
upon which it will pay the legal , current
rate of interest. And ( I believe ) the price
of labor , and of all the products of labor ,
would at once be increased three-fold. But
labor would get a much larger proportion of
Its product than now , because profit and in
terest would each absorb but two per cent. ,
while now they each absorb six per cent.
Difference In favor of labor eight per cent.
Interest is the root of all evil. The land
owning farmer , occupying his own farm ,
represents in his own proper person both
labor and rent , hence rent as a factor cuts
no figure with him , the receipt of rent , or In
terest upon the value of his farm , being de
pendent on the price of his products , as af
fixed by supply and demand. To all others
the effect of the factor , rent , would remain
the same , land simply increasing in value as
the rate of Interest was lowered.
Now , then , Brother Maybell says our "landa
and forests are worth $15,000,000,000. If , then ,
the rate of intesest is established at two per
cent. , our lands and forests , etc. , immediately
become worth $43,000,000. Our national ex
penses for 1689 , outside and exclusive of in
terest , premiums and sinking lund , were , In
round numbers , $250,000,000 , and it is esti
mated that they will be $300,000,000 for the
year ending June 30 , 1691. To furnish this
amount of interest at two per cent. , it would
be necessary to keep continually in force
$15,000,000,000 in real estate mortgages , equal
to Mr. Maybell's present estimate of the value
of our lands and forests , and one-half of the
prospective value he gives them under the
operation of the land currency system. Bear
in mind that this enormous sum of $13,000-
000,000 must be constantly kept in the hands
of the people in order to meet the expenses
of the General Government only , not includ
ing any interest , premiums or sinking fund.
Now , if under the land currency system
this interest is paid by the individual to the
county , by the county to the State , and by
the State to the General Government , in
what manner is it expected that this interest
will pay the salaries of county and State of
ficers , support the public schools and other
public institutions , and maintain the roads ?
In short , where is the income to come from
that we now derive from what we call State ,
county , school and road taxes ? Even if it
would do to increase such an enormous vol
ume of currency as $15,000,000,000 , it would
not .vail any thing , as Interest due the Gen
eral Government could not be used to pay
State and county expenses. But would it be
possible for the people to use even so much
as $15,000,000,000 of circulating media ? It
amounts to about $230 per capita , or , assum
ing that there are 15,000,000 of workers in the
United States , it is a fraction more than $3
per day for each worker , for each working
day in the year. It sounds "big" to me , and
yet that may be simply the effect of what
Brother Maybell calls "estimating in the
old , " i. e. , the force of habit and drift of
habitual thought.
It may be urged that if the truth were
known $15.000,00' > ,000 is not much more than
the present mortgage burdens upon our
lands. This is perhaps true , but that in
debtedness represents the same. $1,500,000,000
to $2 000,000,000 , loaned over and over again , '
returning each time to its owner's hands
through the medium of rent , interest , profit ,
, < 2te. But the Government , or people , in or
der to create an interest fund of $300,000,000
must actually loan and plaee in circulation ,
and keep it there , $15,000,000,000 , as the Gov
ernment has no means of getting money
back again , when once loaned , until it is re
paid at maturity. And we are losing sight of
another startling and portcntious fact , to
wit : If by reducing interest from six to two
percent , we make land worth $3 where it is
now worth $1 , and raise the price of labor
and its products in proportion ; the expense
of Government will also be raised or in
creased , so that it may take nearer $ GOO 000-
000 than $ .100,000,000 to pay the expenses of the
General Government. But assuming that no
evil results would follow such an enormous
augmentation of the volume of currency , and
that the people actually borrow upon the se
curity of their lands , such an amount of
money as that the interest at two per cent
will pay the expenses of the Government ;
we yet have the expenses of the State county
and municipal governments to provide for ,
and that brings us to the subject of taxation.
1 am in favor of the States , counties and
cities being compelled to raise their revenues
by taxation for the following reasons :
Under a land currency system , as well as
any other , we shall have to contend with
land monopoly trusts and combines and
watered stocks but there is a system of tax
ation , which instituted and properly en
forced by the State , would destroy monopoly
ely , annihilate trusts , eliminate watered
stocks , equalize all profits , opportunities
and locations and force the wealth of the
Nation , rather than the poverty , to bear the
Heaviest burden of taxation. This tax is a
graduated tax upon a cumulative valuation.
But suppose a compromise of these.vlews
was adopted , and that the Government , or
whole loaned to the individual , or unit , such
an amount that the interest shall pay all ex
penses of the General Government ; and that
the States , etc. , levy a graduated tax on
lands , and a graduated tax on all species of
income producing property. Such tax to bo
levfed on cumulative values. Then let all
tariffs and internal revenue taxes be abel
ished.
Then it should be enacted that our basis of
measurement , or comparison ( so-called
value ) be changed from so many grains ot
gold or silver , to two hours' labor , and call
that the "unit of value. " Our unit ( dollar )
would then read thus : "Tho people of the
United States , Individually and collectively ,
promise to pay the bearer , on demand , two
hours' labor , or the product thereof. " Labor
IH within tiie reach und command of all.
Gold and silver are not. The supply of labor
Is only limited by the demand the supply or
gold and silver Is small , variable and de
creasing. Let the day be established utshc
hours , so that all may work ; and then work
will be worth three units ( dollars ) per day ,
and land now worth $2 per acre , or two days'
work , will be worth $ C ( units ) an acre , or
twelve hours' work. Thus we should have a
currency composed of labor scrip , or duo
bills for labor , based upon laud , which labor
can not produce. Then gold und silver , like
all other commodities , would be worth the
labor it took to mine them ; no more , no less.
The gravest objection that I should find to
auch a system would be that the volume of
currency would be neither flexible nor auto
matic , which qualities can be given to cur
rency only by the provision of a system of
funding In consuls , bonds or funding notes
rcwleeniable ' In currency at the option of the
h'oider or the Government. And , aside from
this , the-"no tax" feature necessitates that
the land of the Nation shall be mortgaged to
its full capacity , at all times , in order that
the interest fund may be large enough to
support the General Government.
U must not be forgotten that many who
owned land , and a few who , owning land ,
hud not borrowed thereon , would accumu
late or save money out of their earnings. If
not funded with the people , this money
would become a disturbing factor , as we
must bear In mind that euch additional Issue
of money must either add to the bum total of
labor owed and to be performed by the com
munity , severally und olleetively , or , when
the number of promises to pay labor ex
ceeds the ability or capacity- the commu-
niiy to perform labor , due bills for more than
one day's labor are given for one day's labor
actually performed.
In the last paragraph , read "promises to
pay gold" for "promises to pay labor , " for
"capacity to perform labor , " read "to supply
gold , " and you can understand why paper
money based upon gold always depreciates.
The points , however , that I more particu
larly wished to make were :
First. That while an automatic system of
currency is desirable , yet , as prices are , to a
great extent , governed by the volume of cur
rency , there must be a limit to the total vol
ume in existence in order to insure stability
of prices.
Second. In order to secure an automatic
volume of currency there must not only be a
way provided of getting money out of the
people's vaults and into the hands of the in
dividual , but there must also be a mode in
which the individual , having no need of its
use , can return such money to the people.
There are several countefeit forms of
money. The man who issues watered stock
should be put in the penitentiary for coun
terfeiting. He issues and owns und offers for
sale fictitious certificates for labor never per
formed , which he exchanges for ( money ) the
result of others' honest toil , and then the
stock share draws interest just like any other
money.
Land currency reduces profit and interest ,
and the benefits derived from the individual
ownership of the means of production , to
the minimum or nominal rate declared by
the people to be the legal rate of interest.
Money is not wealth , but is u tool of com
merce , a medium of exchange of wealth for
wealth. The $1,000 p r capita of National
wealth ( with the exception of less than $1-
000,000,000 of gold and silver ) is not money ,
but land and personal property of all kinds
and descriptions ; while if paper currency is
counted , or bank deposits or balances , etc. ,
there is simply a duplication of wealth state
ments. If gold and silver were demonetized ,
we should not be confuted , or led to con
found money with wealth , as these metals
are wealth , not as money , but as commod
ities. If by the abolition of usury , we make
it useless to accumulate money , there is
probably money enough , or nearly enough ,
in the hands of the people at this time , to
wit : Twenty dollars per capita , but from $12
to $15 per capita of it is hoarded or kept out
of circulation , in order to enhance the rate
of interest upon the residue. For instance ,
assuming that there are 15,000,000 of work
ers in the United States , and that land cur
rency raises the average price of labor from
$1 to $3 a day ; then remember that the mar
gin of profit ( savings ) is that amount only
which remains after a living is provided
( food , shelter and clothing ) Now , assume
that > 2 of the $3 will provide a living , or the
necessaries , and we find that the sum of
$4,693,000,000 represents the margin of profits
ot this Nation , out of which the comforts and
luxuries must be bought and homes pro
vided , not only for one generation , but for
wage workers who have accumulated their
savings with the end in view of providing
themselves with homes of their own , the
residue only being available as savings for
old age or sickness. I doubt very much if ,
under such an automatic system as I have
outlined , the people could possibiy use a
larger volume than $50 per capita , as a total
volume , in the hands of the people ( Govern
ment ) and the several units or individuals.
This is about one-fifth of the amount which
must be constantly kept loaned to the pepple
and in circulation in order that the interest
at two per cent , may support the General
Government
Fellow-citizens , think it out , keeping In
view the cardinal truth that all wealth is
produced by labor , but that money is a
creation of law , which , divested of its inter
est-drawing power , is worthless , except as a
certificate that the individual holding it has
performed a certain amount of labor for the
community , for which the community , sev
erally and collectively , promises to pay him ,
either in labor ( to produce wealth ) or wealth
Itself , already produced by labor. Until
this certificate is thus honored or redeemed ,
money is either a duplication of already ex
isting wealth , or a due bill upon laborforthe
production of more wealth. Money repaid
by the Individual to the people at the end of
a five or ten years' loan term , has filled its
mission of distributing wealth Into individ
ual hands , and becoming again the property
of the people who issued it , is no longer a
claim or due bill against anyone until reis
sued to the individual as pay for services
rendered to the community or people.
Thus , we simply need a sufficiency of money
to settle balances ( do a business upon a cash
basis ) , no more , certainly no less ; themargin
of profit , or fund for old age , sickness and
other emergencies , being funded with the
people , through whom , as an agent , the in
dividual pays for the xise of this fund. AVhen
studying this finance question banish from
your mind the foolish superstition that gold
und silver are natural money , or God's
money. Money is a creation of law. Wealth
is the product of labor. Gold and silver con
stitute wealth only as bullion or commodity.
They are made money and their value greatly
increased , by the fiat of law or Government
stamp. George C. " \\'ard , in National View.
Kansas City , Mo.
The Independent victory in Nebraska
is largely due to the efforts of the Inde
pendent press and the little school house
meetings which were held on every hill
and in every valley. Stand by your
papers , continue your school house
meetings , and keep the watch-fires burn
ing along the line from the Hudson to
the Sacramento from Dakota on the
north to Southern Mississippi. Already
the old parties have begun to renew the
old issues of 1884. They are actually
fitting up those two old spavined jades
Blaine and Cleveland to trot another
heat on the same old Wall street track.
The corporations are to be served ; the
demands of the people ignored as in the
past. The only show for the American
farmer lies in independent action. Keep
politics at a white heat ; reorganize the
lukewarm , and provide yourselves with
garden rakes , if need be , to scratch the
scales of dry rot from the eyes of the
prejudiced , for there's a political cyclone
brewing. Something's gwine to drap
in 1892. Ouster County ( Neb. ) Beacon.
ETERNAL HOPE.
A year lias drifted away into
the unbroken darkness of the
past , and a new year , bright
and radiant in its youth , has
begun its journey down the
lane of time. The old year
dealt unkindly with most of
us. Tens of thousands plowed
and planted mike spring-time
and tilled their crops with
careful hand , but the harvest
came not. From north , south ,
east and west the winds of
heaven blew hot as from a fur
nace and the earth lost its ver
dure. And now those who
labored diligently , and saw
their hopes vanish in the con
suming breath of the August
zephyrs look back on 1890 with
but little regret at its passage.
"Hope springs eternal in the
human breast , " and the year
1891 will witness the same en
ergy in plowing , planting and
tilling that its predecessor did.
The spirit that has conquered
this western world is not dead
among us. Let as hope and
labor that it may also witness
a bounteous harvest and will
leave the earth in plenty and
rejoicing. "He that goethforth
weeping shall surely come
again with rejoicing. "
KILLING KEROSENE.
It is said that the fumes of
kerosene , when the lamp is
turned down , are liable to
cause diphtheria. The New
York board of health , a few
years ago , decided that to this
more than any other causethe
prevalence of this disease waste
to be attributed. This is given
as accounting for the fact that
diphtheria generally begins to
spread with advent of short
days and long nights. The
children dislike to go to bed in
the dark and the mother turns
down the flame in the lamp so
that the light shall not keep
the child awake. Many bed
rooms are thus semi-lighted
all night , and the windows be
ing closed or raised but slight
ly , the atmospheric condition
of the room is simply deadly.
A turned down Kerosene lamp
is a magazine of deadly gas
that even the healthiest lungs
cannot be exposed to with im
punity.
GET TOGETHER.
An interesting and extend
ed article on irrigation from
the pen of William Smythe is
given large space in this issue.
Every reader should peruse it
carefully. This subject is re
ceiving wide-spread attention
in this section of Nebraska
and we propose to give our
readers all available informa
tion. It is well for farmers and
business men as well to get
together as often as may be to
discuss such topics of common
good. Educational in tenden
cy , a closer bond of sympathy
and business may thus be cre
ated and cemented with ad
vantage and profit to all.
Work on the survey of the
South Side irrigating ditch is
progressing nicely , this week.
City Engineer C. H. Meeker
and County Surveyor Page T.
Francis are handling the in
strument , with L. R. Hileman
as chainman.
Dr. Haltzclaw has been rec
ommended for appointment on
the board of pension examin
ers at Imperial , Chase county ,
by Representative Laws and
Senator Manderson.
Try more broom corn and
flax coming season. Success
will surely follow.
The beet sugar factory pro
ject should be remembered.
Do you borrow your news
paper reading ?
EPOCH.
The transition from ioiitf. llngorlnRnnd pain
ful elcliin'HS to robust health marks an epoch
In the life of the Individual. Such a rotnarkn-
bloovont Is treasured In the memory and the
agency whereby the Rood health has been at-
mined la Kroutfully blessed. IIonco It is that
so much IB hoard in praise of Electric Hitters.
So many feel they owe their restoration to
health to the use of the trreat alterative uiul
tonic. If you are troubled with any dlsoiiso
of kidneys , liver or stomach of ioni ? or short
standing you will surely find rellefby unoof
Electric Hitters. Sold at 50 cents and SI per
bottle at A. McMillan's drug store.
New Books every week.
Catalogue , 96 pages , free ;
not sold by Dealers ; prices
too loio ; buy of the Pub
lisher , JOHN B. ALDEM ,
393 Pearl St. , New York.
DRYSDALE
- THE -
TAILOR ,
Fioni New York City , lias the most com
plete stock of Fall and Winter Goods , for
men's wear , between Lincoln and Denver.
His store is just replete with the latest nov
elties from New York and Chicago , and as
he buys strictly for cash he can afford togive
you first class Clothing at very reasonable
prices. He hits guaranteed every garment
he has made tip in McCook for nearly six
yrnrs and has never had a misfit iti that time.
Call and see him. One door north of the
Commercial House.
Fall - Goods.
. COLE ,
LEADING TAILOR.
the arrival of his fall
stock , comprising the latest and most fash
ionable goods of the season. His prices are
lower than any tailor's in Jlct'ook. Don't
fail to see his line.
STEAM LAUNDRY ,
CHARLIE YOUNG , Prop.
First Door West of Arlington Hotel.
/ guarantee to do as good
work as any steam laundry in
the state of Nebraska. Give
me a trial. You need not send
work out of Ihe city. I can do
it satisfactorily.
CHARLIE YOUNG.
SCOTT'S ' CONSUMPTION SCROFULA
EMULSION COUGHS BRONCHITIS
COLDS
CURES Wasting Eiseaeei
Wonderful Flesh Producer.
Many have gained one pound
per day by its use.
Scott's Emulsion is not a secret
remedy. It contains the stimulat
ing properties of the Hypophos-
phites and pure Norwegian Cod
Liver Oil , the potency of both
being largely increased. It is used
by Physicians all over the -world.
PALATABLE AS MILK.
Sold 1 > y all Druggists.
COTT & BOWNE- Chemists , N.Y.
PACKAGE
PRQF.HARRIS'
? V ,
FOR THE CURE OF
OF1C ffJF
VITALLY WEAK . Mc le ol too to
( ) > 7 cioe application
trJMtjosjor study , SCKTO mcnt.il . .train or irri-f ; s > \I VI ,
KXlKiShSi'iiJili5cllfcnricInushiMt ! * contract ! in i < iuih.
WEFilf 33EH AUK vinnisionnoi - DM'.n.m or
Ml.rNT\IY UliSKSntlii MKI.Y IIH'IY In Ylll Mian. ! 'III ) .
] > . ' .KA.H ) ; IiefcoMm. tiger. ami treijith. itli > -\i.iorgrrn ! .
imr > 3irc 5 anil wrakenoil jircniaturelv in apprciirhui n .1 av.
ltM3Es' KltT CAV f > l75K We p ik from kno l lc }
WttEM oAs bwfttof I'KIDIIMYT ictsiLrs
in many thou-iml cuic * Irvat ati'leur * * ! In pa.t Iwelie yearj.
T7S"v3Aiei ! fnr. > or.iirr-iilh m prof. Harris'
ftV W < & © SOLTOEE HEDICATED PASTILLES.
-rerrirhl.av tnal tK < > lI.rTf LY tEFK
AH ni-n. ro < m < or o.d. f utfenug from thli
prevalent rm l.j hmn > rnil theira f1rp * * o vecitu furni * &
qupstioiti to Iw inrrfd t3f sri-niay fcnoflr the true condition
of neh ru " iinl i ' ( ( ire runMrlDe to rTect a prompt cure.
I.ocjte'l in : > f\r Ynr c nft-r 12 rcnr at St. I.oolo. ne offer
nil achsne to be cjrcil * > v the celebrated Pastille Treatment.
THE KARRIS REMEDY CO. , Mffx. Chemists ,
03 J 3ESK5IAN STREET. KEW YORK.
This Trade
Marie Is on
lie Best
Waterpof
Coat
In the world.
CWdren Cry for Pitcher's Castoria.1