The Wealth makers of the world. (Lincoln, Nebraska) 1894-1896, March 14, 1895, Page 3, Image 3

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    3krchl4, 1895.
THE WEALTH MAKERS.
3
THE ECONOMIC S1T0ATION
(Continued from 1st page.)
price less the cost of getting the staple
there.
Fifth. No staple farm products, a part
of which are exported, can be protected
by a tariff tax. Such protection is coun
terfeitis green goods. It is not worth
the paper the law it printed on. Tet it
has phooied the farmer. Only goods
that are produced within the limit ol
home consumption can be protected by
fining the importer for bringing in com
peting good as high a per cent as the
home producer desires to collect from
the consuming public.
Sixth. The American farmer who pro--duces
staple farm products is in a world
wide competition. He competes with the
wheat grower of India, Russia, Argen
tine, and other countries in which new
fertile lands are opened, the most im
proved machinery introduced, cheap
English and other capital employed, and
cheap if not so effective labor employed.
The consequence is that the home price
of his staples is reduced, much of the
time, below cost of production.
Nothing is left from sale of his staples
to distribute ns rent, interest and profit.
Often times a bare subsistence is eked
out of what should be wages.
But one half of the farmers of the U. S.
are not so favorably situated as the one
in the case supposed. One-half, and in
localities more, of the farmers have a
mortgage covering one-fourth to one-half
of the commercial value of the farm; and
two-thirds to three-fourths of its real
arninff value, taking a period of ten
years as a basis of estimation. These
mortgages are drawing an average ol
seven to eight per cent per annum and
payable semi-annually.
the effects of this mode of production
and distribution on the farming class is
best shown in the cennus reports.
In 1860 the number of tenant farmers
in the United States was only a few thous
ands.
The wealth of the country was not very
uneauallv distributed.
In 1870 there were hundreds of thous
ands. In 1880 one million.
In 1890 two millions.
The process of expropriation reducing
the independent laborers of the nation
the yeomanry of the nation to the con
dition of dependent laborers, as tenant
farmers, is rapidly progressing.
The government is the powerful factor
in the redistribution ot wealtn.
It is the policy of the party which con
stitutes the government, and has consti'
tuted it for a third of a century and
which constitutes it today that is trans
forming the class of independent laborers
into a class of dependent laborers.
We have seen that the manufacturing
class, from the nature of their business,
i. e.. the conditions and mode of produc
tion, can combine in trusts, and are
nei initted to do so by the government,
and thereby limit the output and fix the
prices beforehand so as to secure rent,
interest and profit.
5v contrast, the farmer, from the very
nature of his business cannot combine
to effectively regulate the output of
staple products. The output depends
not merely on acreage, but on a score oi
factors which he cannot control.
He cannot control wind, rain, drought,
hail, tornado, sunshine, frost, flood, cut
worm, chinch bug, 'hoppers, diseases of
animals and many other conditions
which affect the output ot a crop.
The manufacturer can fix the price of
his product to secure surplus value. He
has destroyed injurious competition.
The farmer cannot fix the price of his
product, because he cannot destroy com
petition. The price of his product is
fixed in the world's market. He is the
competitor of the most favored produ
cers of staple farm products on the
planet.
He cannot be protected so long as a
part of his products is exported.
The manufacturer has known this all
the while; but the farmer has not.
The manufacturer uttered the slogan
in a political campaign. "Protection to
home industries!" This sounded "patri
otic." Farming is a home industry. To vote
for "protection" then must be to vote
"patriotic." "I am a patriot," said the
farmer.
Still, his patriotic vote don't stop the
process of his expropriation and reduc
tion to a wage slave, or a tenant farmer.
If he complains at the loss of his home
and the dispersion of his family at a
tender age the manufacturer has a
remedy. "Slop the production of staple
farm products" he says. The practical
meaning of this remedy in plain lauguage
is this, If two million farmers will be
polite enough, or patriotic enough to
surrender their mortgaged farms, and
leave their couutry for their country's
good, or go hang themselves, the produc
tion and consumption of staple farm
products will be in equilibrium. If this
equality ot production and consumption
can be maintained by "statesmanship,"
production and consumption will be in
stable equilibrium
FACE THK FACTS.
In spite of a tariff, McKinley high, we
buy hundreds of millions of dollars worth
of goods every year from foreign coun
tries. International trade consists in the
exchange of commodities. We swap
goods. We buy from Great Britain every
year hundreds of millions of dollars
worth of goods. At the same time we, i.
e., the government and people of the U.
S., owe Great Britain alone between 200
and 250 millions of dollars for interest
on borrowed and other indebtedness.
Together, for the goods we buy and the
interest we owe, the amount is many
millions of dollars. This debt has to be
paid when due.
Four-filths of it, probable more, is
paid by our surplus farm products, a
small part by manufactured products
sold abroad sometimes for less than they
are sold at home, and the balance is
paid in bullion. Stop the exportation of
our surplus products, and you stop the
chief means of payment for goods and
interest.
Undertake to pay in bullion gold the
kind of property of which "good money"
is now made; "honest money"; Uotl's
money"; "one hundred cents to the dol
lar money;" and Grover would have to
issue gold iuterest bearing bonds every
new moon. But then, that would result
in the organization of a permanent na
tional debt interest bearing, payable in
gold. This would be a permanent con
venience for all millionaires and coming
billionaires to invest without risk and
without the trials and accidents of pro
ductive industries.
Tho export of surplus farm products
cannot be stopped. The more of them
we export, the more debt we pay.
There is another disadvantage under
which the farmer suffers.
His consuming power is reduced to
lowest term by the low price he revives
for the products of his labor anil capital.
A large part of what he cousumes has to
with inonev in a market.
the goods of which are artificially en
hanced by a tariff laid for this express
purpose. The fuct of the inability of the
fanning class to purchase manufactured
goods freely, diminishes the demand.
A diminished demand for goods in turn
reduces the demand for labor. A lessened
ituimnii fnr Inhnr rod lire the WaiTeS of
labor: and bo the laboring men, the men
... t i
who own neither laud nor capital, who
own only their labor power, whose only
men no nf livinir in WfttfPS. whose BOCial
status is determined by the scale of
wages received, whostarve ti tney ao not
get wages these in common with the
farmer suffer.
Thus it appears that the class farmer,
which produces staple farm products, the
oni-nlnu nf tvhirh is pxnorted aud the Price
of the entire crop fixed in a world-wide
.... r . 1 - A
competition, cannot lrom me nature oi
the mode oi production eimer regumio
the output or fix the price of its com
modities by combines, trusts, or protect
ive tariffs.
The farmers are therefore subjected to
unfair and unjust competition relative to
the classes engaged in mining, manufac
turing and commerce.
Further, the extra 680 millions and
more which the protected industries col
lect from the people over w hat they would
collect under competition, is collected al
most entirely from the unprotected
staple farm products. In other words
the farmers of the U.S. bear the entire
burden of this extra taxation. The far
mer, of the past, and those others whose
social and business interests identified
them with the protectionists.have looked
at the 300 or 400 millions which the
government collected as a duty on im
ported goods as the only tax they were
iinrino-nnr1 liovp npver realized that the
i "- - - - . -. .
protected industries were collecting twice
or three times, possibly, tnac sum irom
tuc lie
Still they vote this burden and thissys
tem of distribution upon themselves, and
some say the taritt ana trusts are mreau
hnrA thpmpH.
This exposition is an attempt to pre
sent the economic condition oi me mrm-
ers, as a class, in their relation to the in
dustrial system. ,
the end.
WHO PAYS FOR ALL?
For Thb Wealth Makers.
At Washington one Cleveland dwelt,
Who. his importance keenly felt.
Who proudly boasts, "o'er great and
small,
I hold the sway, I govern all."
Close by bis young Bagb'y sat,
With whom old Grover deigned to chat
And mourn that that some were not for
Wall,
Said Bagby, "sir, I pray for all."
With form erect and haughty mien
A man of uniform was seen.
Who, right or wrong, at Grover's call,
Will proudly boast, "I fight for all."
Upon the bench a judge appears,
Grown hoary with declining years
With cold sang troid and gold withal,
Says, "Justice, I dispense to all.'
While smoked his pipe, in easy chair,
A lazv lawyer, lean and spare,
Said, hoping a monop. would call
And give a job, "I plead for all."
The doctor comes with pukes and pills,
Sometimes be cures, may be he kills,
And when we're resdy for a pall,
He says, "Oh yes! I doctor all."
A sturdy yeoman, with a curse,
Reluctantly drew forth his purse,
With little'cash, that mostly small,
Says, "I must pay for all."
The railroads, bankers, trust, combine,
By congress backed, to catch each dime,
And boast, behind a law-built wall,
"You bet your boots, we'll skin you all."
Bentonville, Ark. . A. 11. Edwards.
CIRCULAR NUMBER ONE
(Continued from 1st pane.)
cinct in the land." I hope each member
will respond to the call. We earnestly
renuestall those holding commissions to
act or return theircommissionsand have
some one appointed who can.
We urge the Legion members to care
fully study the Rebate plan of raising
money, in Article 7, of Constitution. It
will do the work and raise aouiidanc
monev for 189G if even one hundred Le
gions could operate it. The plan is now
readv for operation. J'rot. L. Vincent,
lndiauapolis, Ind., is special Rebate Or
ganizer. Write him for particulars, en
elosinir stamp for renly.
If you want to organize Legions quick
send to me for Constitutions and In
structions, and enclose ten cents in
titnmns.
If van want to be Minute Men, inspired
with'the spirit of 1776, meet in bands of
notlesstlian ten, electacaptain, adjutant
and quartermaster, and send their names
and the names ol members, wini ouceius,
and we will forward charter at once.
All the Legions chartered in 18.' and
IH94. nearly 1.000 in number, are earn
estly urged to send ten cents per member
at once. Dues are not compulsory, but
we depend on you, and gave all our time
free of charge, and put in over seven
hundred dollars of our own money during
the past two years. We cannot do that
again. A small sum from you would
furnish ample funds. Ten cents from
euch member of the Legion would give
us means to organize ten thousand Le
gions. We urgeall thedevoted, patriotic
men and women who are able to con
tribute to send money at once to start
this work. We have paid the bills long
enough. The case rests with the people.
If they want to win they must be organ
ized. To accomplish that result money
must be provided. It takes the services
of a stenographer and a typewriter and
one clerk all the time now. Members of
my family have done this work without
a dollar of compensation. We can not
do it any longer. Our means were long
ago exhausted.
I have taken this load upon me again
with the definite understanding that help
will come. We should be able to organ
ize the work so that 1 could be in the field
all the time. When I served as Com
mander of the Grand Army I filled 150
appointments in 18 states and territor
ies, traveled over 40,000 miles and re
cruited 100,000 men and orgauized the
Woman's Relief Corps.
I am ready to do that work for human
ity, for the People's Party, if means are
provided. Not a day should be lost.
The enemy are organized. We can array
the grandest organization the world ever
saw, for we believe that God is with us
and will give His mighty help if we will
arise from our slumber ana iau inio hub
f ,..., i iwuiun t.k nraan V ran win the
great strike for the people at the ballot
box. Let everyone in hue with the Peo
ple's Party organize the moment they
read this can.
We want especially theaid of thewomen
and young people. We want glee clubs.
Let the boys organize drum corpstolead
the great proeessious that congregate at
our meetings, and let those who lie
afflicted on beds of pain on account of
tne burdens cast upon mem, or are u
hunrt. to work, nrav
for the deliverance of the people. Let no
one be kept out of the Legion on account
of poverty. Legion buttons, a beautiful
design, can be procured oi ueorgu jr.
Washburn, Lock box 8594, Boston, at
15 cents each.
Paul Van Dervoort,
Commauder.
Financiers t'inely Photographed.
Valley, Neb., Feb. 20, 18 95.
Editor Wealth Makers:
As you have often asked for a discus
sion of a method for our money system, I
humbly offer my views on the subject, be
lieving that the time has come for the
party to agree on some plan to issue
money. It is too much toaskourfriends
to be able to explain and advocate the
many plans that have been proposed
from time to time. An inferior plan with
agreement and two million advocates
would be much better than a perfect
scheme with only a few to support it.
I believe that it is generally conceded
that to issue money is too great a load
for the government to carry, and that it
should be "farmed out" to some particu
lar class. Therefore I have selected a
class who are more distinct from an
American than any other race.
The main feature of my scheme is this:
to make the Chinaman take hold and
boost our people in this if nothing else.
First. Termit ten self-sacrificing public
spirited Chinamen to organize a bank
with one hundred thousand dollars.
Second. They shall elect five officers,
give their bank an English name aud
send their one hundred thousand dollars
to the government.
Third. Government shall return to
the bank one hundred thousand dollar
three per cent bonds payable in gold on
Grover s birthday, 1945, also $100,000 of
the banks notes and the first quarterly
interest, $750, in gold.
Fourth. The bauk shall keep on de
posit the $750 in gold, the bank notes
shall be exchanged for greenbacks and
silver certificates.
Fifth. The greenbacks and certificates
shall be sent onto Washington. The
governmentshall then retire (burn) them.
Sixth. The government returns to the
bank another $100,000 bond, $100,000
in bank notes. $750 interest in gold.
After the foregoing confidence game has
been repeated ten times the bauk shall
loan the last $100,000 bank notes to
the American citizens at a rate not to
exceed ten per cent per annum.
You see the bank would be on a sound
basis, they would haveonemilliondollars
worth of bonds, several thousand dollars
worth of gold, and as many paper dollars
as thev started with.
Now, Mr. Editor, do not condemn my
plan because it is so near like the ad nun
inistration plan. I have put restrictions
on. The bank can only exenange tueir
bauk notes for greenbacksand buy bonds
'ten times, whereas other plans do not
stop them until all the greenbacks and
silver certificates are burned up. We
have often heard how banks are abused
and what heroic efforts they have made
for the credit of thecountry; therefore let
the despised Chinaman be our sacrifice.
Respectfully,
Geo. Cowles.
Interest is the Bondage, Brother Doty
Valentine, Neb., Feb. 18, 1895.
Editor Wealth Makers:
Reading the various currency schemes
has brought to my notice what I believe
is the greatest error of American finan
ciers. There is a tendency on the part of
old party leaders to want to base our
currency on bonds, but such an epidemic
seems to have broken out among Popu
list writers as well. It writing to Popu
list readers it is unnecessary to show the
wicked drain of interest-bearing bonds.
That is a part already mastered. What
is needed is to show that a currency
based on bonds of any kind means ulti
mate contraction. The trouble with a
redeemable currescy is, it's redemption,
To issue currency on bonds means, that
when such bonds become due, snch cur
rency must be retired. To retire it means
contraction. Contraction means just
what we have got now, viz., idleness and
poverty. A currency based on the wealth
of the whole nation needs no bonds, and
no redemption. In fact, a nation's cur
rency never needs to be redeemed except
for speculation. Legitimate trade needs
nothingbetter than thecommoncurrency
of the country. What tinner basis did
our gold and silver certificates need than
the gold and silver coins in which they
were to be redeemed. Neither did they do
any harm while they circulated. Yet
they were used to force a panic; and
their redemption is what did it. It is not
likely that the secretary would have any
trouble keeping gold in the treasury if it
were not for the redeemable natureof the
currency; nor would it make any differ
ence if it were made redeemable in bonds,
even if they drew no interest. The nation
would come to want the moment they
were redeemed. What we want is a cur
rency to use, not to redeem. Bonds and
bondage are all one. We must stop our
bond schemers, or we will always be in
bondage. What we want is money. Ab
solute money. Money which needs no re
demption, except in the products of toil.
The financial plan of our worthy editor,
I think needs criticism in one particular.
Most of its provisions were good and
just, but I don't think we need any bonds.
(air, make your mark.)
If the treasury's getting low, Issue bondsl
Should the gold to Europe flow, Issue bonds.
If wheels of commerce stop.
Or the farmers lose their crop,
If the bankers need a snap,
Bind the load on labors back,
Issue bondsl Issue bondsl Issae bonds)
Charles E. Doty.
As the name indicates, Hall's Veget
able Sicilinn Hair Renewer is a renewer
of the hair, including its growth, health,
youthful color, and beauty. It will
please you.
I I Idrrtittad et the
Why Was It
that Acer's Sarsaparilla, out ot the great
number of similar ri'er:ir.illmi9 munnfan.
cured throughout the world, was the only
medicine of the kind admitted at the
World's Fair, Chicago? And why was it
that, in spite ot the united efforts ot the
manufacturers of other preparations, the
decision of the World's Fair Directors was
not reversed?
BECAUSE
According to Rhlb 15 "Articles j
that are In any way dangerous or oi
offensive, also patent medicines, O;
nostrums, and empirical prepara- J
tlons, whose ingredients are con- oj
cealed, will not be admitted to the oj
Exposition," and, therefore J
Because Ayer's Sarsaparilla is not a j
patent medicine, not a nostrum, and not j
a secret preparation, i o
Secaute its proprietors had nothing to j
conceal when questioned as to the for- oj
nn i hi from which it is compounded. O:
Became It Is all that it is claimed to be oj
a Compound Concentrated Extract of oi
Sarsaparilla, and in every sense, worthy ,j
the indorsement of this most important oj
committee, called together for passing Oj
enure worm. o
O!
Ayer'sySarsaparilla
O
O
O
O
O
Admitted for Exhibition
AT THE WORLD'S FAIR 2
jooooooooooooooooroooocol
mmiuiMmtimsmMMSMmMM......i aaauaaiauaeaaaJl
BANDITS CREMATED.
Kan Down by a Posse and Burned to
Death In a Cabin.
Little Rock, Ark., March 13' A
dispatch from Enterprise, Ind. Ter.,
says that a posse in pursuit of two
men who had stolen thirty horses in
the Choctaw nation, followed the
thieves for three days, finally sur
rounding them ten miles east of that
place. The thieves refused to surren
der and kept, up firing-, having dis
mounted from their horses and
taken to the woods. The posse
pressed them closely and tne fight
was kept up for two or three
hours, both pursuers and pursued
firing as rapidly as they could load
their revolvers. One of the posse, in
trying to head off the thieves, re
ceived a bullet in his arm, shattering
it, and causing him to fall from his
horse. Penally the entire party
massed and charged the two crim
inals, forcing them to take refuge
just at the edge of the woods in a
cabin. Here the thieves barricaded
themselves and defiantly proclaimed
that they would not be taken alive.
After repeated efforts tq induce
them to give up the house was set on
fire. Still tho men inside refused to
come out, although the roof was a
mass of flames. They still threatened
death to any of the posse who ven
tured near. At last the frame of the
building fell in, buryinsr the desper
adoes in the ruins, and they were
roasted to death in the burning build'
ing.
RIOTOUS SOLONS.
Oklahoma legislature Minds Up In a
General Free for All light.
Guthrie, Ok., March 12. The Okla
homa legislature managed to adjourn
Bine die at 1 o'clock Sunday morning.
The session in both houses wound up
with rioting and disgraceful scenes,
and several personal encounters oc
curred. In the last hours the prize
fighting bill was killed,a penitentiary
was located at Round Pond, a Normal
school at Alva and an insane asylum
at Perry. An appropriation bill was
passed giving $100,000 for keeping the
insane one year. Political fusion was
prohibited by a law which makes it a
felony for an election board to place
a candidate on, to allow his name
to be placed on, or a printer to print
on more than ona ticket the name of
any candidate. This is the first law
passed in the United States against
political fusion. All county seats
and present territorial institutions
are left where they are. The Daily
State Capital of Guthrie was made
the official paper of the territory and
Frank II. Greer territorial public
printer. A civil rights bill guara ntee
mg equal rights to all citizens was
passed. The capital was relocated at
Guthrie.
Bishop 1 homns Dead.
Saxina, Kan., March 12. Bishop
Thomas died Saturday night. The
Et Rev. Elisha Smith Thomas, S. T.
D., Protestant Episcopal bishop of
Kansas, was born March 2, 1834. He
graduated from Yale in 1853 and at
Berklev Divinity school, Middleton,
Conn., in 1801. At Yale he was a
classmate of Chauncey M. Depew.
He was consecrated assistant bishop
of Kansas in St Taul's church, St
Paul, Minn., May 4, 1887, and re
ceived the degree of S. T. D. from
Yale the same year. On the death
of Bishop Vail in 1889 he became
bishop of Kansas. As bishop of Kan
sas he was president of the College
of the Sisters of Bethany, St John's
Military school and all the various
Episcopal institutions of Kansas.
State or Ohio, Citt nr Toledo, )
Lucas Couhty. (
Frank J. I'hiiit make oath that ha it the
senior partner of the firm ot K. J. Ciikhit & Co.,
dolnit ImHlneoa in the I'lty ol Toledo, County and
State aforesaid, anil that said firm will pay the
nn ol (INK IIUNOKKD DOLLARS for each and
everj cane of Catarrh that cannot be cored by
the nee ol hall catarrh cdrk.
HUNK J. CHENEY.
Sworn to before me and eubacrlbed In my pres
ence tnie ota aaj 01 uecemDer, a. u. itsva.
( ) A. W. GLEASON,
( !lL ) Notary Public.
Ball's Catarrh Car Is taken Internally end arts
directly on the blood and m neons surfaces ol tb
system. Bend lor testimonials. Tree.
F. J. CHENEY CO., Toledo, Ohio.
ppsoia dj Druggists.
The Baltimore Plan,
now practically endorsed by President Cleveland, is attracting
universal attention because it is based on the evident fact that
the currency and banking systems of the country must be re
formed. But is the Baltimore plan a reform? It gives the associated .
banks the power to expand the currency and relieve the country.
It also gives them the power to contract it at will and create
universal distress for their own private gain.
It puts the credit of the government behind every bank note.
It donates all but half of one per cent of the profit on the note
issue to the banks, and it leaves plenty of opportunities for a
Napoleon of Finance to wreck a bank and leave the government
to pay the notes.
It leaves the banks free to demand the highest interest that
the several states will allow, and affords no relief to farmers and
business men of moderate capital.
Contrast with this
The Hill Banking System.
In "Money Found," an exceedingly valuable and instructive
book published by Charles H. Kerr & Company of Chicago, and
for sale at the office of this paper at 25 cents, Hon. Thos. E7
Hill proposes that the government open its own bank in every
large, town or county seat in the United States, pay 3 per cent
on long time deposits, receive deposits subject to check without
interest, and loan money at the uniform rate of 4 per cent to
every one offering security worth double the amount of the loan.
This plan is not an expense to the government, but a source of
large revenue.
It secures the government amply, which the Baltimore plan
does not.
It relieves the distress of the
timore plan does not. .
It protects not only note-holders but depositors, who are un
secured now and undef the
worse off.
In a word, the Baltimore plan
the Hill Banking System is in the
Consider them both, and ask
ttie you believe in.
And send us 25c. immediately
has no equal in its line. Address,
PURELY
$3.00 for first $ l.OOO, $4.00
for second $1,000 In the Cy
clone Department. Same in
Fire Department.
r 5rr.-rul -----
NEBRASKA
Mutual Fire, Lightning and Cyclone Ins. Co.
Over $050,000 insured. Have paid $630.00 in Losses. Have
had but one assessment 10c. per $100.00.
J.
(SyAgenta wanted.
Who Wants a Good Thing?
A In a small town not far from Lincoln.
I HAVE a nice clean salable stock of hardware of about $2,500.00 no trading
stock. Sales from $8,000.00 to $10,000.00 per year. My profits last year
were about $1,500.00. Storeroom on corner rents for $16.00 per month,
28x78, ample side rooms, street frontage 50 feet, best location in town; tributary
trade large and good; like buying a gold dollar if anyone ia wanting a hardware
locat ion; port cash, part on time. Must sell.
It will pay you to see or write to me.
J. H. DOBSON,
1120 M St., Lincoln, Neb.
Irrigated Farms-$1,000!
-.JBltetatt4!4sWsflsfcyitts.BsBB
OUT of a thousand farms in SOUTH WEST ZAN8A8, of 160 acres each, we arv
elling a limited number equipped with an independent and permanent irriga
tion plant sufficient for at least ten acres on eacb farm. The price at which
these 160 acre farms are selling is merely about what the ten acres and irrigation
plant are worth.
Before buying a farm investigate this. Special terms made for Celonies, Call
on us or write for particulars.
THE SYNDICATE LANDS & IRRIGATING CORPORATION,
Boom 412 New Eagland Life Building, 9th k Wyandotte Ste, KA5SA8 CITY, M0-
common people, which the Bal
Baltimore plan would be still
is in the interest of the bankers,
interest of the people.
your congressman to vote for the
for the book. "Money Found"
Wealth Makers Pub. Co.,
Lincoln, Neb.
MUTUAL.
No Fire Insurance accepted
from territory covered by local
company.
Y. M. SWIGAET, Secretary,
Lincoln," Neb.