VOL. V. LET U8 EX0HAN0E VIEWS (In the time Intervening between now and the date of the 1'eople' Independent Male Convention tul and eueceedltiK coIuhiiih will be open to the I'opullel of the m a' to pro pone candidate forth ticket of M. and for tJiilu-d htau- Senator, and to ehow renaon tor Individual prrreiiceM. We ehall not have paefor nytlitii more than name and brief reamms for the choice made, became we wlh la hoar from a itrmt many. Lkt no man iik MitHiPitoi'()ieiroHorri:KWuMr.iiUit(rri'.tt AN WU, AN lHTICf.l.WTUAI. gVAMril-'ATIoMN Till WKITKIt WILL WOT FSMIAM,V VOUCH ton. If any candidate- m to be leading whom our reader cannot rouclNtlounly mip. port, by al mean let it know why they are trenuouely objected to, lint Int li renM'cloii another' view, avoid anything tending to dlebarmony If It bepowtlble without eacrlllce of principle, and ht-arwliltwtiy thone who dif fer with u, "In a multitude of eouneelor there In mafety." But wlib rruny 1o hear from each mint be brlef.-Kdltor Wsai.th MAaaiot. Fred Jewell for Heoretary rit Hiate, PLATTE CKMTKHt April 16, '1)1. Editor Wealth Makers: At per your request to announco can didates for the several office on our state ticket the coming fall, I wliih to suggest the name of a man, for secre tary of state, a man whom I can vouch for as thoroughly Qualified, a man who has been In the Peopled Party from It Infancy and one who would be able on account of his oratorical ability to make a thorough canvans of the state and fcaln for the party many vote, ana one who can carry the democratic county of Platte for said olllco. His name U Fred Jewell ot Platte Centre. Let us nominate Jewell. Respectfully, C. C. CARR1G, J, N. Otflln for Oevernor. Dukwkll, Neb., April 14, IHUi. Kdltor Wealth Makers: ' Right will prevail. Keep on. IJryan has kept hundreds from joining thi Pop aliats. Us holds them In the Dem ocratic party, while Sherman, Gere land, VoorheesA Co,, biped them. Won. J. N. Oaffln, Is my choice for governor. We want no libertines, no one kicked out of the old parties, no defaulters, no half and half men; but men of principle, of virtue, honest, , capable, and that believe with all their heart In the principles of the Omaha platform. Mayor Weir can talk, but he appoint everything; from the old corporation, trust-loving, people-enslaving, Shylosk parties. No Weir, pleaso. Yours for Mollle and the babies." II, L. MlLLKR, ' Editor Loup Valley Alliance. Htlll Another Republican Writes Us. Willowimlk, Neb., April 17, 191. Mr. Editor Wealth Makers: I think you ar a wealth makors 1 think If you boat you paper roten papor then you hit It dound compare the damocroU with the republican bud your people party populist party cow comes the alliance party then come the Independent party I woulden wound to bolong to a party that they dound no what to cull them and you dound print nnthlncr bud Ilea vou cand nrlnt the r - I truth If you party would be so good you wouldeu have to bjow so much It look like you party is gaining ground every where so fur the republican, cared the the city and even Kansas You dound neat to send mo your paper any moro I woulden give you five cent a year for youra paper for rn to rend nothing but lies anyway. Your truly, Joseph Shbarkk. Dale, !uh ami McHelirhan, UFiItulican City, April 8, '04. Editor Wealth Makeiw; Find inelosod fl.r.ii for paper. Will ay that our Alllanea is all right. Wr propone to keep in the middle of the road -no (jlon with the old artle, since they are proving to ha traitors to the laboring people What would Wathlngtun nay if hi' Could come to Waahlnmton and sett thtt rales ot livestock with breeches on, t.ec selling their birthright and en slaving the ma ot the people? Th day will come when thy will cry lor the rook to fall on thorn. They ate a .1. - .. . . mi uivgraog to a iruo Koverunwnv, i ht people inurl rule. OrfariUa all long t hall no ami ilotory wlUcciue. In reply to your leuiieit to vxtiuang view, my uhotee for gttti-rnor 1 W. K litlej UeuWtunt g'Acrnor, Win II, lieelti for seitaUtr, W. A MiKe!k4iatt, J. A. llt'H-Kt.L, .1 Mrli?u l'rt,"'"' t'nlltUle. ,k V, Neb , ArU;'0, ivt, Kd.tor Wraltu Makhl; let U my Uh. l or governor, J. ) , UaffSo of Naundrs eountyf Itsjunant governor, W, F. Dale of Pholps potinty, secretary of state, Prof. W. A. Jones of Adams 'county; treasurer, O. Hull of Harlan county; attorney general, Judge Holcomb of CuHter county; U, 8. sena tor, Chancellor Canficld of Lancaster oounty. All these men, Mr. Editor, have acknowledged ability, the confidence of their party and the respect of their enemies. And there are plenty of others equally as woll qualified in our ranks. Then why push men to the front who have not yet become natural izrd Independents. Men regarding whom a considerable number of our party are not absolutily tun of; men whose tntlrt sympathy with us is doubted, whose orthodoxy Is ques tioned? The men named above are com para tlvely new In Nebraska politics. They have not ben candidates for ofUce at very election for the last five years, and they have not a record that will furnish the grand old party a club to beat us with- Let us have new men this fall, "in tl middle-of-the-road" Populists, and we will surely win, We are all becoming proud ol oi r state paper, and rejoice In the munly, dlgnllled stand it is taking In behalf t f the wulth makers of the world. la the language of one of your cor respondents of lam week, I am, "your faithfully when the battle wagti fisrOiiSt." J. bTKI'HKN For Members of CongresM. Lincoln, Neb,, April 13, 18i, Kdltor Wealth Makers: Noticing that the name of several Populists have been mentioned of late for the varluui state ofliees, and having some views of my own on the subject, and thinking that the seleotion of strong congressional timber one of the first things that the voters of the party should eonslder, I therefore propose that we discuss the strength and ability of some men for those nominations, I believe we can carry five out of the tlx distiiots provided we plaoe in nomina tion good, strong, clean Candida's. It has been my pleasure to meet lev ersl men at past conventions that in my opinion could carry the banner of of the party to victory, should the voters chooHO them for their standard bearers. And to bo brief I will men. Hon the names of a few mon that I be llevo would do this. First I will suggest the name of J. M. Devlne of Colfax county for the Third district'; Judge Stark of Hamil ton, or Judge Bates of York, for the Fourth dlHtrlct; W. A. McKcigban or John M. Reagan for the Fifth dlstrlot, and for the Sixth district Sllan A, Hol comb of Custer. And with W. J. IJryan running as a candidate independent of all parties, it would lnmirc the people Ave out of six congressmen, and leave the goldbug Republicans and Cleveland Democrat but one district .to . make a pretense of fighting for. " And now, Mr. Editor, belog a Popu hat, and believing that the party owes no man a nomination, I therefore unk the opinion of others upon i ahove, Lot us have a free and open dlnousiion on the subject, as I tl hk it would do the people and the patty some god. Very truly your, (J. K, Woodaiid. I, N. (Jaltln for Ciov riwir. COLON, Neb., April 10, 18U4. Editor Wealth makkks; In vlrw of the that we are about to enter id of th mot Important political oaiuputgns there ha been in the statu tinuH the organization of the Independent party, ami a on the sue 0u at the coming election depend to a cer'aln extent the future ' the party, It U thoieforu very important that we lay V foumlittlou of the CHiupalga up on :irm m. Tito &r and moat important feature t the telouitiiii ot the candidate for our tie ticket. We eanuot bo too ear fui in thl niattor, Let u not lm tiht hntiy, there I "fit a much lol in iiiUt-r. of (hit kind lu Mug t m htty in Ha tvlucMon of our candidate, and vi ry fto Hii.oh galuc J y delttratlou. We i t mi n oa our tti ticket up en t,o a intty rely lo Ut m t our eiae, hkw to ho liav prevn Du n)i h lo l o liontt and in iKpathy (! our prltielu'e. it I generally tint eaa'.oiu in any xi!i Mtal arty topta won Vt toad of its tVat uhh1 !, ( ) LINCOLN, NED., THURSDAY, APRIL 20, 1894 OLD ERROR UNVEILED. What Prevents Begularity of Work and Oommeroial Certainties. WHY SUPPLIES EXCEED DEMANDS. Inequitable Obligations Which Regularly Cause Failure, Liquidation and Cessation of Wotk. Tlie Cauee of I' laanclal I'anloa, fW reprint be'ow, from The Arnna, part of the Moat valuable article which ha aniwarcil for ream In any of the iiiitii.lrire, an article eiilltlnil, "The Oauee of Financial 1'anlca," by Mr. J, H llfnuettof M I.oul, We xliall (five our reailnrit mere ot It In uueeeillutt' lmic of Tea We. th Makkiin, frnerve the I taper containing what w print of It and aiv hum wiriest circulation pomeihle, The teconil ane third limtttlment will aet down to the bane of the evil, and will conUln new ari(umnnt and truth. -Einn in Wiiu Uakhh J (Con tin end from laat wnk.) its most dangerous manifestation is the unequal distribution of wealth. Men toll as long and arduously as ever and their toil Is far more productive, ycttboiowho toll become none the I loher. The more wraith produced, the more idlers there are. to ue it, and the greater tho numberof pooplo clamoring for bread. The more productive tho toiler's work, tho tnorc extravagant be comes I he lives of those who toll not. Ever 1 there found a ny to divert this bard -earned wealth Into the lap of luxu rious ease. A woman who ha never produced a dollar's worth of wealth or anything clso will spend enough on one gown to keep half a dozen families of laborers for a year. Horhuiband (r father or brother, or whoever she de pends upon for support, in as idle as herself. Whero does thi wealth come from? It does not make itself. It is evidently a part of what numerous laborers produce, and tho families of th cue may not at the lame tlmo have enough to eat, We amort in our laws that these luxurious idlers have the right to revel in the laborer's wealth. Why, then, are the manses so poor? Evidently because tho classes are io rlcb. There 1 not wealth enough to go around when so much is wasted. Where, then, should intelligent beings look for the cause of distress? Manifestly in artificial economic laws that allow lux ury to take part in tho results of the aborer's toll. If one-half of a family aro iptndthrlfts, it i catty todetorjnlne why the industry of tho other half will not thrive. Why docs not the same rule apply to the great national family? If there were a rule by which two brothers ;oould take : tho bulk of the wealth produced by four and live in ease upon it while the two who toiled re mained upon the borderland of want, all could easily see the injustice of the proceeding. Dut when the two para- sitio brothers lncrcuso to hundreds of thousand, and the tollers to millions, we tacitly admit that the spendthrifts of the family have aright to the weultb which the tollers ' produce. Nobody who understands the situation will have tho hardihood to say that such a pro ceedmg is just, and whutever the edict of popular prejudice or. Ignorance, phl losophevs aud toucher should not hug vain delusion. Thoy all admit that something is wrong, and thero is a tacit understanding that tho trouble 1 with tho distribution of wealth. Wealth is distributed according to certain law. Tnero are fixed rule a to what percentage of tho results of production shall be taken ly activt toller and th potmeaoor of iiouwinulat td wealth. If theeerule werejuir, their result would bo just. Mut the remit of theo rules, at leant to the thinker, appear to be a monstrou lojua'.loe, The rule thotnoive, then, uiUHt be un-jut- Tho mot Important rule of dis tribution are the law of rent and inter eat. They are the baU of our economic nyntei.!. Kent ha been fully dtteutaed, and proved oonvlualvvly to belong to the (ample In their uurporuto capacity - to the stale, Irterct remain to b taken )ofure the bar of jiinUct). M.itl. the condition of the mane and the t'. of btislne loudly demand that the bU of our i-eiiinmle, lam m r Mumlneit. I liilcte,'tulisr rUhiv I i. Itniii.li-J on tru or faUa pi un '.(.. .' r'Vety artlolu of .Utl pft .ie.Hd h oi m hai viltU ii It K e fosenttal p, I , pie eftUea) and Hul tt nplnte d..tr.e i I'd. Natuie lend it 1 1 him lu!f,i-t. lmrl Uttits; t i er a lin.e alio n n.tiu t ahrown, 1 he eotidllluii i f the U 41. U i"mtut ue, Mah nmt ppulace tin eeaslnglv to keep his stock of wealth intact. There uro no exceptions to the rule; the moro indispensable an article is to humanity, tho mere prompt and certain its decay. The vat pyramid seem at first glance etornul; batalthough their existence ba covered but a point in tho history of short lived men, the hand of time is already grinding them to the dutit Etornal Itomo Is In ruins; the palace of the CVmr have crumbled to decay, More terrible than the Goths and Van dals i the edict of nature reclaiming her own from the evanescent imprint of the feeble bund of man. Palmyra and Thebes are but half-forgotten names Babylon but a symbol of iniquity. Scarcely loss perishable than man him self are the works of bis hands. Re move the preserving care of labor from man-made wealth, and its destruction is but a question of days, Agreatdynasty of kings might own the earth, with all It bright cities and all its teeming wealth; yet if no toller's hand were raised to save, the scions of that dynasty would starve as they watched their fair cities crumble and the earth become a wilderness., Even after a quarter of a century there would not be a king left to tell the tale. If we turn our attention to articles of 0Jmmnn use, we shall find them more perishable still. The staunchest ship will scarcely brave the storms of half a century; place her Idle and unattended In the docks, and he will rot in a do- cade. The locomotive, with Its frame of steel ai d its coat of imperishable braits, If active, will scarcely outlive the youth of the hand that fashioned it; Idleness will not lengthen its career. The average useful 1'fe of a machine Is but twtf i-two years, and the , rust of idleness will destroy It sooner than the wear of work. What would become of our electric systems, the metallic nerves of mother earth, if abandoned to the destroying power of nature for even ten years? We could hardly determine that they bad ever been. If abandoned for a quarter of a century, the continent would turn into a wilderness, scarcely loss wild than when Columbus landed here. Our roads aed streets and wharves and shops and dwellings, if left to themselves, would not survhe tho hands that built them, lists would goaw where judges sit, and serpents hiss where social revelry now resounds. Think of the things most neccHsary to man; of what ho cats and drinks and wear. Let labor drop its hand; aban don tli vatori, crib, storehouses, stables and herds, to the worm, rats and weevil, to the inclement elements and the deserted fields, and humanity would bo starving within a year.. . The cart'i would bo a savage-populated wilderness within ten year. In the matter of food and clothing humanity literally livrs from band to mouth. '''h' ':MQiJiy-; Why, then, this idlo boast that the OHpltallst can afford to rest and feed on wbat bo has? If young fJould, the in heritor of his father's millions, refused to work with his hands for a single month and others ( refused to labor for Mm, b" would be in a worse condition at tho end of that lime than the mean est denizen of Whltechapel. If labor or diverted him today, not all the effort of his puny hands could cave even A wrick of his mighty fortune from tho destroying hand of nature. Ho would be as poor a a savage before he had time to turn gray. Djllan cannot savo ttmn-cr-aU'd wealth, bond cannot save it, the edicts of capitalists cannot sive It- it i labor with the hand, and tli ut alone, which inukt aud does pre l rve it. Humanity live on man orcatod wealth. Tho Imprint of labor' hund muni bo placed on he treasure of mother earth More they income cur rent in nature gnat blinking homo There aro 110 exception to tho rule I'lieno example are cl'ed a tnntancesof tho laherettt decaying property of all wealth, but the principle need no proof; U U nolf evident when thought upon. Let any one point out a ulrigle iiutaiHitif tho Inerva, of it own .WHMi d. of man created wealth, or where a isjit m pt lab r supplies thu want of nine, and will ykld the dUcumleii H it hat I tin' hcnimptloq of the !na '.? Jlowiloi ho justify inU'r-! t, i-ik'Ki Mnl'eily on the tu'tip j on tia? wuvHii lu wUltt.i it the i t ui .! Inln-rtihl l i'"p rly of lueroAno Sou ay hI di'tiy the pi-iolUou thut -vhiit o-'o pn ,! io, ! .U ti ll '.iliy hUowu; tbl U the b UHght- of the plea m property, H follow neuearl!y that nothing is his own which he has not produced, directly or indirectly. The practice of interest taking, then, asserts the producing power of unaided wealth at every turn. If Interest taking is right, compound interest taking 1 right. The principle of compound intorest is that a dollar, without any exertion on tho owner's part, will grow Into two dollars In a given number of years, four dollras in less than twice that time, eight dollars in lean than three times the original period, and will keep on Increasing in snore than geometrical ratio until the ono dollar, with its intercut, would, after a time, represent all the wealth on earth. The rate makes no difference a to the principle of the thing. Money at compound Interest will just as truly Increase indefinitely at five as at twenty per cent, though more slowly, to be sure. Money, properly speaking, is not wealth; it is but wealth's representa tive. The wealth which money repre sents has been shewn to have within It an Inherent, essential principle of decay, not growth, The dollar, Its represen tative, comprises the same principle. The foundation prlnoiplo of interest, then, is absolutely unfounded In fact. What Is really lent Is the wealth which the dollar stands for, and the dollar is used but a a measure of value. Yet this thoroughly absurd assumption, that Jbo wealth represented by the dollar increases of itself, Is the sole ethical ground of interest-taking. On wbat other ground does the capitalist demand a yearly lnorease of what he has lent an increase whloh in a few years will amount to vastly more than the original sum? The interest which the capitalist demands is not the re ward of iabor, for the capitalist, as such, tolls not. The money which be has lont out does not cost bim as much trouble as though beside him In hit vaults. I speak of the capitalist proper, the coupon clipper; the man who grows rich while be eats and drinks and sleeps and plays; the man who makes as large an income while travelling In Europe as while engaged in his ofllco in New York. The aotive business man's Income la from another source, and it is not necessary to discuss It here. All who lend money, however, are junt to far capitalists. Again, proceeding on the assumption that interest taking ii right, we will 100 to what absurdities it will load us. A syndicate of less than a hundred Ameri can capitalists, If allowed to collect in terest on tbolr capital, even at a low rate, and reinvest It for one hundred fifty years, would, at the end of that time, own the earth and all real and per s nal property thereon. This is a sim ple mathematical proposition, capable of exact demonstration. Anybody who doubts the truth of this statement may set all doubts at rest by computing compound interest on one billion dollars for one hundred fifty years at Ave per cent per,; annum. Great corporations tend at present to extend their invest ments and to docrease the number of important share holders. A syndicate coming to own tho earth under the rules of interest 1 not improbable. One-two-hundred-flftleth of the pjnula tlon have under such methods, come to own eighty per cent of the wealth of the ouuntry. Many corporations live more than a hundred yean-. Tho dilllculty of the problem la to get a syndicate large enough, and we are rapidly dis posing of this difficulty. Will any thoughtful man knowingly upport a principle that might give to ono hun dred men, or lets, all of the wealth of the earth, to tho exclusion of tho other billion and one half of the human? The phtlowphy on which Interest tak ing I founded 1 the anno of ahuurdlty, yet all men seem to ncuieco In the practleo. Dut tt U said that the wealth loaned by the capltaliit aid the man who um-i It, and that he should therefore pay for it uo. It Wing ucl aid tho capital It far n.ore, even though ho never receive a cent lri Intercut for It ue, l b la'ntrer who uc capital mora than repay it owner by keeping It Intact, NaUru in her illvluo wUdoiu has le eive 1 that wealt. hU r.ot W hoarded, Alter a f:w sort yetti, if not tueii by tlu ba'idn ol Ub r in prthn tng m--ro wealth, ttutitio reclaim it a her 00. I k not tho 'air.-r, then, do the i C-tplUlUt thij t of seivh-e by takin.'Ut wealth and prenvtvitij It from the wro a I rig hand of time- and re turning it to him Intact:' It U no an 0. 45 wer to say that tho laborer I at the same time producing more wealth, part of which is for himself, Dy that very act be keeps the world moving, keeps up the march of civilization, keeps us all from the fate of poverty-ttrlcken tavages. Here again we meet with nature's inexorable law; "Toil or per-1-h" i the docree pronouneed against tho race. It is only by fraud upon the remainder that some are exempt. Labor can, unaided, gain a livelihood; It has done so. For unaided capital there is but death sad decay. How for tunate for the cauitalUt mat he can make the laborer bis mediator! For there Is not one article of wealth which can survive without such mediation. Let us suppose that a man has a stable full of horse that he cannot personally use, and the value of whloh he wishes to preserve for soma future time; would not the toiler be doing him a marked service by taking these horses and using them, and keeping them for ten years, and at the end ef that time re turning In their stead an equal number of good young horses? This would be wealth lent without Interest. (We are now dealing with wealth, not money.) If tho capitalist bad kept these hersas they would all within tea years have grown old and unserviceable, and he would, la the meantime, have had to pay for their keeping. Under the in terest syitem he would compel the toiler who borrowed his horses not only to pay for their keeping, but, when the horses bad grown old, to give him back two good young horses lor each one taken. it does net require a philosopher to deoide who has the beat of the bargain, We mut keep the fact constantly in mind that the bortes represent wealth which ttiu owner cannot personally use at tho time he decide to lend it, but whicb no wants at some future time. Under the present system he would sell bis horse, and put toe money at inter est, for although horses beoome useless with the lapse of time, we have a fiction that the scraps of paper which .epre snt tie r value lacrease la worth with eich ruing sun. There is a house on a principal street of a growing city. The location Is the beet, the appointments of the mansion are irreproachable. It would make an excellent habitation; but it it owned by an eccentric old lady, and no tenants cas. stand her nagging, consequently the house Is left vacant. The snows of winter have blown under the doors and through the window cricks. 'Big patches of mould have established tbemsolveson the damp floors, Rate have gnawed holes in the flsors and plinths. An urchin bent on mischief threw a stone through the window ot an upper story, and, a heavy spring raia storm coming on, the upper floors are flooded. Tho plaster cracked ana fell, and tho timbers warped and twist ed. A seed fell upon the stone steps washed Into a crack, swelled, and grew and the steps are misplaced. The damago on the building from natural causes in a year amounts to a couple of hundred dollar;. The next yoar is not quite so bad, but the next still is worse. The heure remains vacant, and U soon a ruin. It has lain idle for but fifteen years, yet half of its original cost has been spent in repairs Is not this building wealth? Is not all wealth subject, to the same law of decay? Is It true, then, that tne capitalist can iff rd to allow bis wealth to remain idle? Did tne bouse grow in value in fifteen) ears? If one occupied that house during those fifteen years and Blmply kept it in re pair, he would be doing the owner a very substantial favor. The owner would be saved all outlay for repairs and would still have the Habitation fit for occupancy. A great mill has been built in a pros perous manufacturing dlatriot. Tha ore which was consumed by tho plant occame more uinicuit to get in that locality and other field of supply wire opeued at a distance. The ore at the new locality was more easy of access and could be manufactured more cheaply tnere. ine inaustry was transferred and tho mill flrt built wa shut down; the doors were cloned sod the budding was lelt to stand. Twenty-five year paased by. The new mlr.o became ex hausted, and the old center of lndutry revived. The -jorporatlon which had shutdown 1U mill year before con cluded to start again. An elder seed had gotten between two heavy piece of machinery rutd there taken root in the accumulated volt. As a remit the heavy plce werd thro a ou ut place and the whole plant thu derangru. Jo another place tho front of wlaf-r had catted a wall to cave. The bulldioir had become haky and un afefor up Hrtlog the heavy machinery, U it had ttMntroyed the lino baring and weakened tbo cok'. Tht plum a-t a ruin, and but a very small percentage of tho maehluery 0 nnd be u d In the eotitri:c'lon of nw mill. Tint was w. at h li lt to tii-li; did It fr-row? N iw it Oil plant had boi n k'-ptlu operation a-i It fought ho In n had 10 interest N un oi-n atidt d and kept l r pair. even tttcutf't tlie ntiwi bad livvr got leu a ft v (or lu Uit, tt.iy would bt i ll (,, V. 10 "f thi p'ant botti r of ! I'l't v wmiui hi K-oii done, a wrv ub iu'U! n.-rvto, Ti U woo'd tn .1 nd!-sr w Uio.lt int. ri. T.'i it.-re.in wlm on ii l!if Imtil woul.l protmnl V lio tK(tt- tl4, Uwiuld bo reelprooHy if ser vice, ;Uiutuu'. Niii"wvk" """" at -