The Wealth makers of the world. (Lincoln, Nebraska) 1894-1896, May 17, 1894, Image 1
4.- ' , ... ' ' si T1r 1 i VOL. V, LET US EXCHANGE VIEWS- , , In the time tnV-.rrealng between now and the date ol the People' Independent State Convention thi and succeeding columns will ej open to the Populist of the Mate to pro poke candidates for the ticket of 'W. and for United States senator, and to show reason for individual preferences. We shall not have space for anything more than name and brief ru-vom for the choice made, because we wish tit hear from a great many. List no ma db HBBE PROPOSED FOKOrriCEWHOStCHABACTKB A8 WLI AS JUTEU-ECTtJAI KOurnuiu TBI WRITlIt WILD NOT FBRSONAM.T VOrcH roB. It any caadldatea seem to be leading whom onr roadera cannot conscleatloualy sup- port, by all means let us know why they are J , itrenuouely objected to. But let us respect one another's views, avoid anything tending to 1 disharmony If tt be possible without (sacrifice 1 of principles, and hearwlllingly those who dlf- fer with ua. "In a multitucie of counselors ' there is eifcty." But with many to hear from eachmui be Wef.-Edltor Wealth Makbs. Ten for Gaffin. One for Holcomb. Wild, Neb., May 1, 1894. Editor Wealth Makers, and plagve to wealth taken; , I herewith send one dollar to renew my subscription, and also my thanks for your defense of the Industrial Army against the Insults, slanders and false hoods of the dally, weekly, monthly agricultural and ecclesiastical liar of the subsidized press. I interviewed some ten or a dozen ci h my acquaintances as to their choice for head of our state tlcltet. Men imyseu in- cluaed)' would like to vote for J. N, Gaffin, one for Judge Holcomb. Yours for fair play, " H. KlLGORE. Chairman Leonard Entbnelaetlo for tb Plan. Wood Lawn, Neb., May 7, 1894, Editor Wealth Makers: I desire to second the motion for "a four horse wsffon campaign" for our delegates in attendance upon our State and congressional conventions. At this time the voice of "the people is the voice of God," and lei that voice ring out upon every hill top -and through every valley in the State; stifle not the voice of the people by the dim of steam whistles and car wheels.' Let delega tlons start early and move slow and spread the gospel of truth both going and returning. It will be an ovation fron start to finish. Come with camp ing outfits. It will be a pleasant outing. It will be economy for our friends and will punish the money bags of our enemies. I hope the state committee will rec ommend the plan and map out the sev eral routes to be traveled by the dele gation, from all parts of the State. Respectfully, I. N. LKGNAKd. V bom Shall We Nominate. Editor Wealth Makers: I answer, an honest man or men. The past record of our party, though by far the brightest yet recorded, if closely examined willl shoir a tendency to nominate men whose qualifications were those calculated to "poll a large vote," rather than the man whose past record could reflect only credit on our cause, and whose defeat would be too noble to discourage even the' weakest. True, our state in her past nomlna- . tlons has many a glowing exception to the rule, but every honest Independent is painfully conscious that some have not been. We, as honest Independents, are here to stay, and "reformation'' la our mot to. Then let us reform before we Reform, by drifting from true integrity. Don't get in a hurry and expect to capture the world in a minute ; better 1m defeated honestly and fairly than knowingly put one bad roan into office. B. J. W. Warm lrale From South Dakota. D ahkishuho, 8. !., May 7, hJ. Editor Wealth makers: Fled enclosed one dollar tor renewal to our g lorlou paper. I must have it another year, as It is the best paper I know of, Voun, a 1'opulUt clear through BkX'L. brGNKEHCK, tiaftn, llala anJ Hull. StLTSLfO, Nab.. April 2i. fdltor WfiLTilMAKtM: A per your rtii to aaiounce raa dMatet for Sutofflct, I Uh to same thrstMg.xid utea a U a ia Nhrtka or any other state, tit; tor governor, J, Su U?!1b, of Hauttdf4 count' ftr llsuUaiot goytrwr, W. K. U!t, of ihl cauaiji for trouurar, th llun, O. Hull, of llsrla oouaty. With tuch men m thata on our tiakat vri one that hi t spark of loyally hi heart woul4 be prwl to support with all confidence and never regret it. No truer man lives in our state than O. Hull. Just, upright and a straight in the middle of the rood man just the man to handle our state fumds. ' I assure you he will not deposit our money in an insolvent bank when he knows of Its insolvency. ' With a full state ticket of such men put before the voters of the state this fall, we are sure of success la November. fraternally yours, . Wm. Foster. I'rofesNor d' Allemands Unseltlah Ad . vice, Abapahoe, Neb., May 4, 1894. Bditor Wealth Makers: Whilst it must be a source of pride to each and every one of the old wheel horse to be mentioned for high honor? I for one believe that other true and tried men 'should be placed on our tick ets. I say this for the good of our party. To outsiders It seems that there are but few capable of filling these office, whereas we have no end of able men for each and every one of them; and I will add further that every one of us will no doubt work as hard if not harder than we did In our first cam palgn. I know vf hereof I speak as 1 am la constant communication with most of these men. Yours for success. A. d'Allcmakd. Good and Able Men Wanted. Bartxett, Neb., Apr. 30, 1894. Editor Wealth Makers: While our platform is much, it is far from being all. - We have had the Dec laration and the Constitution all our national life, yet, where are we? We want men a good as the fathers to stand on .our platform, men morally and mentally strong, white ioul$ art in our cause, men, whoee well rounded person ality will speak a manhood we can trust. With such men on our state ticket,, we can teasonably hope for victory. But we must gain by the elec tions in the election of such men. We must gain by the election of able and worthy men, loyal to the people in be ing loyal to the issues before us and loyal to themselves in truth, thought and character. Nebraska has about 250,000 voters; of these, we claim over 100,000. Surely we can select a ticket from this number that will be worthy our united party support, men whose sterling character will be tbo forerunner of victory, be ing men whose manly armor will ex pose no weakness for the opposition to assail. Then let us look over our state, wisely select a ticket, and then with clean hands and strong heart unite for its election. W. B. Lynds. Nominate General Van Wyck for Governor. Rush, Neb., April 22, '94. Editor Wealth Makers: ; ' - We have had too'many kick and cuffs from our old party enemies to go a sparking them any longer. We have had this sparking advice In Franklin county ever since we became a party and the majority of our voters have adhered to it and Invariably we have lost by it. But, Mr. Editor, I will tell you Franklin county ha on her war paint now, and no squaw man need ap ply this fall for her votes, The man who gets the votes of our county for any office this fall must be a man who ha been tried in the .fWmut be a ma a who has not kept still when our "princi ple were assailed. Now, Mr. Editor, after almost four years of hot, toceuaat warfare with thotm old parties U there man in our rank who wouli be found playing back and forth 'twist our ranks and thilra with a tittle whUh raf on a stick to show ha wat not quite an enemjr If so I ak the brother with whom 1 joy the pleasure of thinking aiiite politically, don't aeod him out on the foray thUfalt, Uaa Llut la the camp with th dog and pooUe, Now just a llitla more. plea. To thoaa who get P cotnislttao. loa i prune tur IJeaa oaa hi U order to often the wrath of wmo tulikwarm oUr, It saa aay, w r g-Jag u have lots of saw tec rut U this tall, and fou kaow ae convert thinks kt pf his Nt faith. " Nof Mk)UjOatboic for gover or t woaW prefer on of Nebraska' (CuaiMttaii) LINCOLN, NEB., THURSDAY. MA.Y 17, 1894. OLD ERRORJNVEILED. What Prevents Begulority of Work and Commercial Certainties. WHY SUPH.IE8 EXCEED DEMANDS. Inequitable Obligation Which Regularly Cause Failure. Liquidation and Cessation of Work. The Canae of Financial Panic. (Continued from last week ) I have shown above something of the growth of invested fortunes under the law of interest. Let us take a further survey and consider for a moment the effect of this Increase. The more capi tal 'l saved the more there is to bear interest, hence burdens forever Increase The wealth of the world is an inverted pyramid, the misplaced base of which becomes more unwieldy day by day. The interest-bearing capital increases in a ratio which is ever growing more and more rapid. It is a very well established fact or rather law of economics, that the power of producing wealth decrease in reference to the labor expended, after a certain limit is reached. It Is called the law of dim inlshing returns. After a certain Axed lhnlt Is reached. the return which land yields to the application of additional labor is com paratively less. AH wealth is produced by the application of labor to land. We have, then, under the law of interest, liabilities more and more rapidly In creasing and asset arrowine proportion ally less. The inverted pyramid be come more and more unstable. No thinker worthy of the name will uphold a law which implies such a flat contra diction of the precepts of nature, and necessarily keep the world forever tottering on the brink of bankruptcy. Wealth cannot be produced with suf ficient rapidity to keep pace with the demands of interest. The loaned capi tal of the world must necessarily, then, absorb all wealth, and the money lender becomes possessed of all the capital on earth. Land Is subject to the right of private property, and may also become absorbed by the money lender, The laborer will then be at the absolute mercy of the capitalist. Deprived of land In his own right, he must use the wealth of another. Under the law of wagef, all that he produces more than is barely sufficient to keep him alive must go to the capitalist in interest and to the land owner in rent. He must take the terms offered to him and live on wnat he is allowed by his masters. If his master does not wish him to live at all, the worker has noth ing to do but to break the law or die. The man undertaking business must use the wealth and land of the capital ist, or he must collect Interest oa hi own, in addition to the amount set apart for profits. If any capital used In business collects interest, all capital used In business must bear interest; for If a business man could command as large an inoome by lending hi capital and running no risks as he could by engaging la active business, he would not engage In active bus inoss. Ills ob ject la becoming an active business man u to gala both profit and interest, and hi venture falls of it obiect if ha doa not succeed In gaining both. Beside serving our present purpose, this will justify my first claim aa to tha amount of interest-beaming capital In the couitry. If a business man employs labor, that tabar produce the wealth hloh l given in interest. If he U Imply a laborer employing hi own eapiul, at ara so many small fanner, be nut make hi lahjr produce Inter est a well aa prodt. or he Iowa aUbr time or !utrW Only capital dlulpat d la unfruttf.il uiJertakleg or allow, rd f 1! IJle fulls to riat i Interest, and now this la totally lost. With such a mast of lnwrt.buiBg ctltl, 1 U any wUr that tha wealth of the world would aoon aocumu'at ia lb lands of the ft U la not surpris ing that eighty pef cent. f the wealth tuu would dUappcar la a gtueratioa. The har m or large fortuar will al ready have bean doaa as awa aa Inter est and Teat taking ar dropped, and th worker of future feneration would aot be arfaotad by tbesa end, bene would pay ao atuatloa to their holder, That of thlH country Is owned , by one two. hundred-fortieth of the population. Less than fifty thousand of the people of this country own one half of the country's wealth. The interest income of these holders is moro tban sufficient to met the demands of current desires, and hence the interest-bearing capital will be added to continually. Capital lent and bearing interest steadily in crease. A class of men is then formed absolutely secure in the possession of their property an aristocracy, a caste founded on wealth. That class will In time have absolute control as it will In time own all the wealth. Its Income will grow at least rapidly enough U abiorb all the wealth which can possibly be produced, no matter how rapidly machinery can be Improved. The more wealthy 'this caste become the greater will be the number of people taken from the producing class and retained by the wealthy to attend to personal wants, and the more the actual pro ducers will be ground down. " The rent charged for the land, by prl vate Individuals Is the counterpart ot interest, yet it may be attacked on a different principle. It has even lea excuse for being than ha interest tak lng. The two charge are interdepen dent; destroy one and you would do much to destroy both. Person may' pronounce it .strange that the world ha waited until this day and generation to discover the wrong of interest taking. The fact Is, it ha not ' Many important discoveries have been pot off until the nineteenth century, but not this one. Plato and the whole line of Greek philosophers poke against it, either dlractly or by implication. The Neoplatonlsts con demned it The Old Testament is full of law against It; lai that .volume the takers of usury (Interest) are placed In the same catalogue as thieves and other malefactors. .The Jew obeyed this law, They did not think of practising interest taking among themselves. They practised it on Gentiles on the principle that a Gentile has no rights which a Jew is bound to respect. The hatred of Jews in the middle ages was largely due ' to their Interest-taking propensities. Here are a few . refer ences taken at random that will settle for the curious the Old Testament view of Interest taking: Deut. xxiil.19; Neh. v. 7; Ezekiel xviii., etc, ( The prejudice against the Jen for interest taking and the views ot medieval Christians on the subject are well set forth in the pages of Shake speare. The conversation of Antonio and Shylcck is known to everybody. "Wbendld friendship tak a breed of barren metal from a friend? I neither lend nor borrow by giving nor by tak ing of excess," was the position of Antonio on interest taking, It was the view of the Christians of the time, seemingly fully shared by Shakespeare. The wrltinf sof the fathers of the church are full of argument against interest taking. Right down to the time of Duns Scotua that was the doctrine preached by Christian philosophers. Thb school of French philosophers which culminated ia Proudhoa all argued against Interest taking. They did ndt attack the practice at It moat vulnerable point, and thus fell short of demonstrating the falsity of the princi ple on which it 1 founded, and their w rlting failed f lasting practical effect Interest taking then, waa a! way doubt ed bv some of the best and most un trammelled minds of the world. It has always buen kept an open question, and taking sides agaUst tt i no presump tion. I hope that I hate demonstrated that Interest taking la wrong, Destroy interest taking, and a.1 men would work together In harmony. Ia a coamunlty where io hoarded fortune could last more than a alngi geort lion, all would be obliged to work. When each man was obliged to do hi hare of prodjctlre work, he would soon Cad that he aod hi hroihe- could woik to greater ttdvautage together than apart, eves U combining thlr capital, t.rtat cotupaeie would be fotmid In whist lha worker would al so be the atcck holder. Wt should h no problem of overgrow a fortune and qua.'14 want. Crate to give the Aaioe family rent aed Interval, and their (urW.ai woU W tulU fear !. I'eleaa lU poaaaaaora than rowaaaU'l to tall la the arm? f prodncar, that for rCai!aaf4 ms at ra ) PLUTOCRACY EXPOSED Tha American Nation I No Longer a , Democracy, THE POOR BEFU6ED THEIR EIGHTS. The Men Wh Would Secure the At tention of the Nation a?.d Speak for Them Are Arrested, Con vlcted and Sentenced. Congrtae and the Court fur the Rich We give balow the address which Mr. Cover' Commandsr ot the Commonweal, tried In vain to deliver on th step ot the Capitol at It ash Inglou, May 1st. it 1 a manly, reasonable, patriotic appeal for tha rights ot oppressed American citizens, . It is a plea lor liberty, (or the help absolutely necessary through nation al legislation to restore millions ot the long orpresed poor to their rightful Inheritance and Independence, ' It Is eloquent. , It 1 pa thetic, , It will move men who have heart. It will be answered at the ballot box next November, and In '98. The men, the legislators, who refused to hear Mr, Coxey plead for the unemployed and destitute, set the police oa him and arrested, tried and convicted htm for th sole oflsnre-to them, snd to plutocracy whose corrupted ser vants they are of attempting peaceably to k peak for t he rights of men. Citizens of Amer fct, consider well what all tbbgindicates and fareehadows. Editor blth Makebs. The constitution of the United State guarantee to all citizens the right to peacefully assemble and petition for re dress of grievances, and furthermore declares that the right of free speech shall not be abridged. , ? : , . : We stand here today to test these guarantee of cur Constitution. We choose this place of assemblage, because it is the property of the people, and if it be true that the right of the people to peacefully assemble upon 4heir own premise?, and utter their petitions, ha been abridged by the passage, of law in direct violation of the Constitution, we are here to draw the eyes of the entire nation to this shameful fact. Here rather than any other spot upon the continent it Is fitting that we should come to mourn over our dead liberties and by our protest, arouse the imperiled nation to such action as shall rescue the Constitution and resurrect our liberties. Upon these steps where we stand has been spread a carpet for the ryal feet of a foreign princess, the cost of whose lavish entertainment was taken from the public Treasury without the consent or the approval of the people. Up these steps the lobbyists of trusts and corpo- j rations have passed unchallenged on their way to committee rooms, access to which we, the representatives of the tolling wealth-producers, have been de- J nled. We stand here today in behalf of millions of toller whose petitions have been buried in committee rooms, whose prayers have been unresponded to, and whoso opportunities for honest, remunerative, productive labor have been taken trom them by unjust legis lation, which protect idler, specula tors, and gamblers; we come to remind the Congress here assembled of the declaration of a United States Sinstor, 'that for a quarter of a century the rich hav been growing richer, the poor poorer, and that by the cloae of th) present century the middle class wt.l have disappeared aa the struggle for e xlstence become fierce and relentless.' We tnd her to remind Congn sof It promise of returning prosperity should the sherinaa act be repealed. We stand here to declare by our march of over 400 tulles through difficulties and distress, a march unstained breves the slightest act which would bring the blush of shamo to any, that we are law abiding cltUena. and a men our actions apeak louder than wori. W ar here to petition for legislation which will furnish employment for ry nan ail and willing to work; for legUlatlon which will bring universal proetttrlty aad emancipate nir country from financial bondage tit the lced ant ol King tieorge, W have com to thonly aouro which U compek-at to aid the people la their day of dt dU- trea. Wa are here to toll our t:ur-1 ntatlve, who hold their by grace of w: balloU, that the straggle for ttWUav ha brwme too fierce, ad talent!, W come to throw up our det8telM hand, and ay, help or w d our lovad on nual pari. We are ag:4 leabltur and rrul war with the ! of all ruaaktad-a wi with huagar, wratoheda, and des pair, aad we k Congrau to ht4 our NO. 49 petitions and issue for the nation' good a sufficient volume ot 'the same kind of money which carried the country through one awful war and saved the life of the nation. In the name of justice through whoso impartial administration only the pres ent civilization can be maintained and perpetuated, by the power of the Con stitution of our country upon which the liberties of the people must depend, and In the name of the Commonweal of Christ, whose representative we art, we enter a most colemn and earnest protest against this unnecessary and cruel usurpation and tyranny, and this enforced lubjugation of the right and privilege of American citizenship. We have assembled here la violation of no just law to enjoy the privilege of every American citizen. We are now under the shadow of the Capitol of this great nation, and ia the presence of our national legislator are refused that dearly bought privilege, and by force of arbitrary power prevented from carry ing out the desire of our hearts which Is pltdnly i granted undor the magna charta of our national liberties. We have coma here through toll and weary marches, through storms and tempest, over mountain and amid the trial of poverty and distress, to lay eur grievance at the door of onr national legislature and ask them In tha name of Him whose banners we bear, in the name of Him who plead for the poor aad the oppressed, that they should heed the voice of depalr and diatrea that is now coming up from every taction of our country, that they should consider the conditions of the starving unem ployed of our land, and enact such lawe a will give them employment, bring happier condition to the peopl and the fmiie ot contentment to our cltiwa. Comlag a we do with peace and good -will to men, we shall nbrait to theso law, unjust a they are, and obey this mandate of authority of might, which override and outrage the law of right. In doing o, we appeal to every peace loving citizen, every liberty-loving man or woman, every one in whoao breast the fires of patriotism and love of coun try have not died out, to afslst u In our efforts toward heUnp I anrs anil imumi! benefit. j, s Coxev. Commander ' of ' the Commonweal of ' ChrlSt. - ' - ." The Ball Started. Keep It Rolling. Imperial, Neb. , May 5, 1 994. Editor Wealth Makers: The thought has occurred to me, that Independents, throughout the state, could do a great amount of good to onr cause by the following means: That la this. Each member take it upon him self to furnish gome Republican or Democrat ot hisjicqaalnianca wlt a copy of The Walth Makibs, select ing some one who is quite prominent in public affair, aid at the same time rather "on the fenoe," as the saying is. Or, to make the thing more easy, a time are hard, let sereral chip in to gether, and hare Thi Wealth Mas ers mailed to some 'neighbor for a; least tlx month. I ksow of seroral good men in my county, who, I believe, could be nade good Independents In thi way. Tan Wealth Makers la brim full of good sound reading, and It placed within the reach of them, would make many old part men change tnelr view, or at least aet them to thinking, W know, from iperleooe, that too many old party men only read old party pu pert, and (but their eye and rote the ticket, never dreaming but what they are doing the right thing, all on account of lack of understanding the political queatlon of the tlsses, which I l:npo albl If they only read the old pay paper, I aaeloM herewith 11 00 for which Jou will plea aand Tut WsULTit M iKa totbaclo4aUre, to start the ball rolling. Your for tktory, - A. N. a, -: There is great wisdom la th above plan. It U aot ahootiag at random. It t working coeiiuatcally. The taraful aalactloa of opea mladad KapuhHeaa and lsuoarat aad platlag Tit Wealth Makkr ia thalr for a taw moathe will do great Ihlag for our eauaaj-rVBLUtUS. WKALTU MaK