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About The Wealth makers of the world. (Lincoln, Nebraska) 1894-1896 | View Entire Issue (July 25, 1895)
SO MOVES THE WORLD.
"We ileep and wake and sleep, Out all thing!
The Ban flies forward to his brother Son ;
The dark Earth follows, wheeled in her ellipse;
And human thinga, returning on themselves,
More onward, leading up the golden year."
Hoke Smith will speak in Georgia on
Mies Susan B. Anthony is in favor of
Chinch bugs have appeared in almost
every county in Illinois.
Four babies at once in one family, that
of Mr. Rankin of Pittsburg, Pa.
Minnesota and South Dakota had the
heaviest rain in years July 18.
Indiana has had a soaking rain. The
crops were in a withered condition.
M. Stambuloff of Bulgaria, attacked by
assassins, died of his wounds July 18.
The strike at the Sharon Iron Works,
Pa., won a ten per cent increase in wages.
No national silver party, is the decision
of the . recent conference of the silver
The fear of a committee of investiga
tion is making the Illinois boodle legisla
Quay and Cameron are no longer on
top in Pennsylvania. Governor Hast
ings is boss now.
The nine men imprisoned in the Pe
wabic mine at Iron Mountain, Mich.,
' were all rescued alive.
Five to 20 per cent increase in wages
has been given the 700 employes in the
Oswego, N. Y., worsted mill.
An artesian well only 45 feet depth and
flowing 100 gallons a minute has been
struck in Brown county Nebraska.
Eastern Iowa was swept by a destruc
tive storm July 19. Hail and violent
rain leveled crops m a large section.
Hull House settlement at Chicago is
having a $12,000 property addition
built in the shape of a children's buflding.
Jerry King of Alabama while visiting
the United States Treasury vaults July
19, as a sightseer, had his pockets picked
of a gold watch and chain.
Wages in the woolen mills and worsted
industry of Rhode Island have been or
are about to be advanced from 7 to 12
There is a wide spread revival of in
dustry and something like a ten per cent
increase in wages generally reported.
Railroad stocks have risen from five, to
fifteen per cent in six months.
The Lehigh Coal Company sold f 6,
000,000 gold bonds in London July 17,
and the Lehigh Coal and Navigation
Company $1,000,000 collateral trust
bonds to foreign bond brokers July 18.
Mrs. Stanton is enthusiastically m
favor of bloomers. Shesays: "Women's
legs are much more graceful and pleasing
to look at than men's, so why should
they not expose them if they care to do
Seventeen horses were sold in New York
July 15, for a total of $108,300. One
of them, Hastings, bringing $37,000.
August Belmont was the purchaser. An
other horse, Keenan, the great stake
winner, brought $18,500.
The Fox River Illinois and Wisconsin
paper mills are all closed by reason of
an order from the government which is
occasioned by low water. Navigation
rights conflict. The losses by stoppage
of mills are immense.
Edison has invented a bicycle spring
which may be wound up by the extra
momentum going down hill, or by in
crease of pedaling force, and the spring
will propel the wheel 1000 feet on the
level, or less in ascending. As a force
etorer it should have considerable value.
Mr. Roosefelt is enforcing the Hill
Tammany liquor law, which they had
made t, hold as a club over the saloon
keepers to control their political sup
port. Mr. R. is giving the nation a con
vincing object lesson to the effect that
any law not only ought to be but may
The Baltimore and Ohio railroad has
built an electric locomotive that has
been tested by pulling 26 freight can
loaded to their full capacity and two
ordinary engines added, a load of 2,800,
000 pounds. Only a part of its power
was made use of. When the electrw
engine was taken off it required the two
steam engines to draw the train.
Rev. John Whitehead, pastor of the
New Jerusalem church at Allegheny,
preached against bloomers recently, from
the text in Dieut. 22; 5, which says:
"There shall notbethegarmeutof a man
upon a woman, and a man shall not
wear the garment of a woman, for an
abomination to Jehovah, thy God, is
every one doing these things." The
preacher also argued against woman
suffrage from the text.
We notice that political papers are say
ing more about religion these days than
formerly and that the religious papen
,are saying more about politics.. This
tendency should be encouraged. If poli
1 tics and Christianity are allowed to be
kept separate the devil will look out foi
the rest. Cedar Rapids Republican.
PEOPLE'S TICKET St AN ED
Bfassachusett Party Reaffirm the
Platform Adopted mt Omaha
Boston, July 17. The People's party
convention held a meeting in Arcade Hal
today and nominated this ticket:
For governor E. Gerry Brown, Brock
ton. Lieutenant governor Thomas C. Bud
dington, of Springfield.
State Treasurer Dr. M. W. Moran, oJ
Secretary of state Charles D. Nash, ol
Auditor Andrew H. Paton, of Dan
vers. Attorney general B. 0. Winn.of Green
The platform reaffirms that adopted
at Omaha and pledges the party for an
invariable dollar, free coinage of silver at
16 to 1, without waiting for other na
tions, sworn returns of personal pro
perty and uniformity of taxes, municipal
or national control of all monopolies,
state management without profit of the
sale of liquors in cities and towns that
shall vote license, published record ol
legislative debates and for all reasonable
demands of labor and equal rights ol
suffrage. There were 164 delegates in
attendance and several lively wrangles
over sections of the platform.
BIQ PHOSPHATE TRUST FORMED
Millions of Dollars Represented in
The Combine J net Perfected
New York, July 17. A big combina
tion of all the phosphate companies in
this country has been in progress for
several months, but the knowledge
reached the public today for the first
time. Alillions of dollars' worth of pro
perty are involved in this proposed trust
and the effect will be felt by every farmer
in the country. The only like combina
tion in the world is the English syndicate,
at the head of which is Colonel North,
known as the "nitrate king," which con
trols the immense nitrate fields of Chile.
American farmers depend principally
on the phosphates found in Florida,
South Carolina and Tennessee, and now
these diggings are to be taken over by a
big trust and the price raised. This big
combination has been engineered by Dr.
Otto A. Moses, of this city, who owns
large phosphate beds in the south. Gug
genheimer & Untermeyer, of this city, are
counsel for Dr. Moses and for several
of the phosphate companies.
An Outsider's View of Our Gas Bills
We read in a paper that the price of
gas in Chicago is $1.25. Considering
how easy it is to get coal to Chicago, and
the low price at which it mav be had
anywhere in Illinois, it appears to us an
outrage that so exorbitant a figure
should be demanded. In few cities where
one private corporation furnishes light,
heat, power or water are the rates as low
as they ought to be. The drift of senti
ment on such matters is toward the pub
lic ownership, and until that shall be the
rule the people will be more or less res
tive over rates, rules and exactions. Los
' Alliance Resolutions
Whereas; The purification of politics is
one of the declared purposes of our order
which we have pledged our sacred honor
to labor to accomplish, and,
Whereas; We believe that the forming
of rings and combinations for the pur
pose of controlling and dictating party
nominations is dishonest in principle,
peniciousin practice and the fruitful
source of political demoralization and
Whereas; We believe that the men who
enter into such combinations in order to
secure the spoils of office are unscrupu
lous and mercenary, and therefore un
trustworthy as public servants, therefore
Resolved; That we, the members of
Polk County Alliance, in regular meeting
assembled, express our unequivocal and
unqualified condemnation of such disre
putable political methods and pledge our
selves to do all within our power to de
feat the men who adopt them, and be it
Resolved; That a copy of this resolu
tion be sent to the Shelby Sun, Polk Co.
Independent, Headlight and Thb
Wealth Makers for publication.
Some ol The Rich Men of New York
"It is easier for acamel to go through
the eye of a needle than it is for a rich
man to enter the Kingdom of Heaven."
We do not understand this passage of
Scripture to apply to Boston, certainly
not to some people we know in Boston,
but the secretary of a large charitable
society in New York City writes us that
he took the New York Tribune's list ol
rich men and sent to four thousand of
them, a request for aid, the result being
that one respouded with a contribution
of one dollar, and the experiment cost
the society neslrly $200. In view of this
result ire think be ought to be glad he
got his hatback from that congregation.
Our Dumb Animals, Boston, Mass.
Headache bad? Get Miles' Puln Pill.
LINCOLN, NEB., THURSDAY, JULY 25, 1895.
From an industrial point of view there
are but three things in existence, land,
labor and money.
Only two of these can bo monopolized,
land and money.
The frnit of monopoly is profit (inter
est or rent in some form.)
Profit is something for nothing, other
wise It would not be profit.
Labor (effort of all kinds) cannot, as a
rule, make a profit, because it comes into
direct competition with all other labor,
with the result that it can only obtain a
living return for its efforts, which is not
Rent, interest, or profits can be added
to capital (a livingcannot),consequently
they give power to the profit taker to
add continually to his tribute-levying
Such power increasing in geometrical
ratio is bound, ultimately, to absorb all
products (the increase of which is confin
ed to the arithmetical ratio), because,
ultimately, all debts are paid with pro
ducts. To destroy monopoly we must
have universal competition, which means
universal access to the use of land and
money, on equal terms.
The government the people must ab
sorb all profit.
Let us keep the object we are working
for in clear view, and we will never get
side-tracked, or lose valuable time.
How Do You Like It?
A rapid fire gun, weighing but 45
pounds and capable of firing 050 bullets
of large calibre every minute, such as
has just been tested and approved at
Sandy Hook, fills a long felt want. As
an attachment to the recent decision of
the United States Supreme Court, touch
ing railroad riots, it fits like the paper
on the wall. New York Commercial
How do the working people like that?
They are only fit for food for guns that
Bhoot 650 times a minute and . to vote
for the old parties whose mouth-pieces
thus tell them of it. These plutocrats
aie getting bold as the implements of
murder in their hands are perfected. The
Supreme court, and Pullmans and Came
gies are their especial pets. If the work
ing people sleep on in their dream of
good times and justice they will find one
of these guns at their heads unless thay
obey their masters. J. A. Wayland.
If you are in Lincoln before August 'I ft
you can buv shoes one-fifth off at the
Foot lorm Store, 1213 0 St.
The Land Question
Reformer: "Well, Mrs. Flaherity.Isup'
pose you are thankful that we have suc
ceeded in closing all the saloons? Mik
will be bringing all his money home non
instead of spending it for liquor."
Mrs. F.: "Ah sure indadeits thankful
am Sor, barrin' that the landlord hai
raised the rint on us bekase of the in
creased reshpictibility of the nighbor
hood, he says, an' so we we'll be aftei
movin' away to some place where there'll
be something left over from payin' the
rint to buy bread and clothes for the
For cash, J off nil tio )tw ami shoes.
Webster & Rogers, 1043 O .St.
Prince Ferdinand Not Sorry.
Cablsbad, July 23. The conduct ol
Prince Ferdinand of Bulgaria since
the murder of Stambuloff, has caused
much scandal. He feels, or affects, a
gaiety which is simply revolting under
the circumstances, so that the indig
nation of the public here threatens to
find unmistakable expression. He is
reported already to have been hissed
by a crewd of Carlsbad visitors.
Stacks Struck by Lightning.
Newton, Kan., July 22. A great
tain storm oocurred in the northern
part of this county last night. Near
Hesston lightning fired the oat stacks
of Farmer Cummings, destroying his
crop, about 500 hels.
Buy your dry goods and shoes of II. R.
Nissley & Co., 1028 0 St.
A a Polytechnic School.
Lincoln, Neb.Sly 22. The West"
ern Normal college, it is stated on
rather reliable authority, will be
opened next September as the Lincolm
Polytechnic institute. It will beunder
the direction of Wm. II. Chancellor.
He is but 28 years of age, but hi i been
thoroughly trained and is of scholarly
attainments. Outside of Chicago and
St. Louis and this side of the Rockies,
this will be the only school of the kind.
Mr. Chancellor will have exclusive
charge and will bring some of the
most successful teachers from the east
to the new institute. I'inancial sup
port of a high character is ass 1 red.
Here You Are Save Your Monpy
Bring this notice to the Chicago Cash
Shoe Store 1016 O street, and I will take
it for 10 per cent on any purchase, if
you buy $2.50 worth. 1 will pay 25
cents for notice or 10 cents for every
dollars worth purchased.
M. II. lirown, 1016 0 St.
A safe, simple, and effective remedy fot
Indigestion is a dose of Ayer's Pills. Try
the Pills and make your meals enjoyable.
.... - .
r and Against fr'ree Coinage I
The great debate on the money ques
tman now in progress in Chicago is attract
ing unusual attention among all classes.
Both sides have prepared a statement of
their case which we present herewith.
1. The standard of value should have
the highest degree of stability in the con
ditions affecting itself. This gold and
silver has not. '
2. Where the standard of payment is
comparatively stable, like that of gold,
exchange of goods is practically made
without the use of gold except for very
small fractions. Sixty thousand million
dollars of values were exchanged for
clearings in the United States in 1893
with almost no gold used.
8. Free coinage at lGtol is silver,
4. With free coinage of silver at 16 to
1 there is a present premium of sixteen
ounces of silver for melting every ounce
of gold coin, therefore gold would dis
appear as money.
5. Free coinage of silver would raise
prices and lower the purchasing power of
wages and salaries.
6. Free coinage of silver would intro
duce a depreciating and varying stand
ard like that of Mexico and India, and
our trade would be equally unstable with
7. Free coinage at 16 to 1 would
largely reduce, if not cut in two, the
value of all savings deposits, building
loan deposits, life insurance and the like.
8. The direct evils of free coinage
would be largely escaped by bankers and
shrewd business men, and fall upon the
mass of the people i. e., wage earners,
salaried employes and persons of mod
9. Under freecoinage of both gold and
silver in the United States we have al
ways had an alternating standard, either
of gold or silver.
10. Gold has been the standard of
prices in the United States since about
j.634; except in the greenback period,
1861 to 1879.
11. The production of gold since 1850
has been the greatest in the history of
12. The most enlightened nations in
the world have chosen gold as the rul
13. Measured by wages, gold has not
only not appreciated in value in the last
twenty years, but has depreciated.
14. Wages in silver-using countries
are lower both in money and purchasing
power than in gold-using countries.
15. Any one government alone cannot
rehabilitate the value of silver.
16. Changes in prices of cotton in re
cent years have been caused by produc
tion out of proportion to consumption
and independent of either gold or silver.
17. The decline in the price of wheat
during recent years has been due to new
sources of supply, mainly in foreign
countries, reduced cost of transportation
and labor-saving devices.
18. Most farm products have main
tained the high prices of 1873, while
articles which farmers purchase have
largely fallen in prices.
19. Tampering with the standards,
rendering the future kind of payment un
certain, makes high the interest rate to
the borrower and makes it difficult to
negotiate loans. Free coinage of silver
will work to the detriment of the bor
20. Given a certainty that the pro
posed free coinage of silver would be
realized, lenders of money would hasten
to collect their claims. Millions in securi
ties now held by investors, both foreign
and domestic, would be thrown on the
market. The panic of 1893, with all its
disastrous results to trade, manufac
tures and industries, would be repeated
with aggravated intensity. For the peo
ple of the United States to adopt a pro
position so ruinous would be the height
21. For nations and for individuals
"honesty is the best policy."
1. Silver and gold at about the ratio
of 16 to 1 have been used jointly for
hundreds of years with satisfactory re
sults. 2. Seventy-five per cent of the people
of the world now use silver money ex
clusively. 3. The cost of mining silver has been
understated by the gold standard men.
The best authorities say that it has cost
more t6 produce a pound of silver than
a pound of gold.
4. Gold can be hoarded by a few capi
talists and the world suffers. With two
metals as primary money (gold and sil
ver) this could not be doue.
5. The supply of gold is inadequate to
the needs of commerce.
6. Gold does not increase ns fast in
proportion as does commerce.
7. While in 200 years there was under
free coinage a variation of only about
one point, in twenty-one years under
demonetization there has been a varia
tion of 16 points.
8. The decline in the market value of
silver has been mainly caused by its de
monetization in 1873, and in the years
following, and the fall in prices of most
commodities in the United States is due
to the demonetization of silver in 1873.
9. When silver was demonetized, in
February, 1873, silver as measured in
gold was at a premium. The argument
of depreciated silver could not then have
10. England, by her possessions in
Africa and her stealing of territory in
Venezuela, controls most of the gold
supply of the world and gets the balance
by reason of the world owing it to her
on gold notes and gold bonds.
11. Except some silver production in
Australia, England produces practically
12. The United States produces from
one-third to one-half of the silver of the
world. She certainly has the power to
control the silver market, and yet she
has not only not resisted England's re
peated attacks on silver, both open and
covert, but has assisted that nation in
the discrediting of silver and the lower
ing of its value.
13. All single gold standard men
whose opinions have been published
agree in the statement that if the
nations of the world or if England alone
would cousent to an international agree
ment, the ratio of 16 to 1 would be easily
14. It is vain to hope for help from
England in the effort to restore silver to
its former position. As the great credi
tor nation she thinks it is to her interest
to make money scarce and dear. ' (See
Gladstone's speech of March 1, 1893.)
15. Only 4 per cent of the business ol
the people of this nation is carried on
with foreign countries. It is better to
legislate for the 96 per cent of domestio
commerce than for the 4 per cent of
16. The constitution of the United
States gave power to congress to coin
money and to regulate the value thereof.
Said Daniel Webster: "I am certainly of
the opinion that gold and silver at a
ratio fixed by congress constitute the
legal standard of value in this country,
and that neither congress nor any state
has authority to establish any other
standard or to displace the standard."
17. The reduction of the quantity of
primary money reduces the price of
labor, property and commodities.
18. Property measures its value in
money and money measures its value in
property. Money may increase in value
by reason of its security. When this is
the case it buys more property, property
buys less money.
19. It is absolutely certain that leg.
islation which reduces the volume of
money one-half by depriving silver of its
monetary function depresses prices and
enhances the power of the remaining
half. As the strain upon the remaining
half increases this process is liable to go
on until values are so reduced as to
pauperize mankind. -
20. The United States has reduced its
debts from $2,700,000,000 in 1869 to
$1,000,000,000, yet it will take under a
gold standard as much of our property
to pay the $1,000,000,000 as would
have paid the whole debt in 1869.
21. There are but $3,900,000,000 of
gold in the world. If this could all be
inclosed in a solid cube it would be less
than twenty-two feet in diameter.
22. The main use of silver was to cir
culate as money. When nations stopped
coining it the demand fell off, and the
price also. If this nation, with such
others as would be easily induced to join
it, should remonetiae silver the demand
would soon advance the price to where
it was before demonetization.
23. Free coinage of silver at a fixed
quantity to constitute a dollar protects
silver against market fluctuations and
the manipulations of bulls and bears,
placing it on the same basis as gold in
24. There has never been at any mo
ment in the world's history a super
abundance or plethora of thetwo metals,
or either of them, not even during 1851
75, during which quarter of our century
the supply from the mines amounted to
as much in weight as has been produced
for 850 years antecedently.
25. The demand for money is equal to
the sum of the demand for all other
things. The competition for money is
therefore not only incessant, but instant,
argent, importunate and universal. It
is, therefore, a-mistake to say that the
demand for money is limited by the de
mand upon bankers for loans. There
may be, however, plethora of loaning
money at money centers when industries
26. Wherever there have been op
pressed people who have looked to this
nation for hope and help in the past
they are now looking to free America for
relief, in the midst of thestruggle against
gold monometallism. W have it in our
power to relieve them and enhance our
greatness and the peace and prosperity
of the world. Shall we do it?
27. Whenever any important country
powerful enough to have the proper in
fluences, establishes abimetallic currency
at a fixed ratio and maintains the
parity, of necessity the whole world is on
the same bimetallic basis. '
28. The United States government is
great enough and has sufficient resour
ces to undo the wrong of 1873, and, as
in 1776 we proclaimed the political em
ancipation of mankind, so now we will
proclaim financial emancipation from
the Shylocks of the old world.
29. We believe as Carlisle, the present
secretary of the treasury, believed when,
on February 21, 1878, he said in the
congress of the United States: "I know
that the world's stock of precious metals
is none too large, and I see no reason to
apprehend that it will ever be so. Man
kind will be fortunate indeed if the an
nual production of gold and silver coin
shall keep pace with the annual increase
of population and industry. According
to my views of thesnbject.the conspiracy
which seems to have been formed here
and in Europe to destroy by legislation
and otherwise from three-sevenths to
one-half the metallic money of the world
is the most gigantic crime of this or any
age. The consummation of such a scheme
would ultimately entail more misery
upon the human race than all the wars,
pestilences and famines that ever oc
curred in the history of the world."
30. Silver has been called the. money
of the people, gold the money of the rich.
The demand for the single gold standard
is unqualified selfishness. The single
gold standard means riches for the few,
poverty for the many. As James G.
Blaine said, when speaking In the
United States senate in 1873: "It would
not be difficult to show that, in the na
tions where both gold and silver money
have been fully recognized and 'most
widely diffused, the steadiest and most
continuous prosperity has been enjoyed
that true form of prosperity which
reaches all classes, but which begins with
the day laborer whose toil lays the
foundation of the whole superstructure
of wealth. The exclusively gold nation,
like England, may show the most mas
sive fortunes in the ruling classes, but it
shows also the most helpless poverty In
the humbler walks of life."
The Omaha Platform Reviewed.
"The land, including all the natural
sources of wealth, is the heritage of the
people, and should not be monopolized
for speculating purposes.and alien owner
ship of land should be prohibited.- All
land now held by the railroads and other
corporations in excess of their actual
needs, and all lands owned now by aliens
should be reclaimed by the government
and held for actual settlers only."
As I understand this plank it applies
to the land, water, air with all the natu
ral growth therein and thereon, without
the agency of mankind. One of the pur
poses at least, if not the sole purpose of
creating theso things was for the use anJ
happiness of mankind. Governments
were instituted, and should be used for
the purpose of protecting and directing
mankind in the use of God's gifts. Bat
the present condition of our country
shows that in regard to land, this duty
has been woefully neglected by our gov
ernment. More than 80,000,000 acres owned by
aliens. Probably five times as much
owned by corporations and syndicates,
not needed in their legitimate business
except for purposes of speculation, and
far more than this held by individual
citizens for speculative purposes only.
And these are not the worthless lands,
but mostly chosen from the best'. At the
same time more than two-thirds of oar
people own no land.
No wonder that discontent prevails
among the people. Let a family have a
home of its own with full control of the
same, and on which the labor of its mem
bers will produce the ordinary comforts
of life and though they may be slaves in
other respects they may be contented.
The money question may be mystified,
and obscured so that an ordinary man,
though intelligent, may endure oppres
sion and look upon it as a matter of
course, or even may be led to justify the
bonds that afflict him. The question of
raising public revenues, of tariff and free
trade, have become so backnied, and so
mixed up with conflicting statistics, that
the ordinary man may suffer the grossest
injustice thereby and still may treat
them with indifference or even burled to
justify that which may be ruinous to his
But the man who feels that he and his
family own no home, and that the place
occupied as such is only held at the toler- ,
ance of Borne one else, and who knows
that he has been as industrious and as
saving as the one who holds the title
deed to the place, cannot be expected to
endure with complaisance the wrong
which is made an object lesson to him
Mothers cannot instill into the minds
of their children lessons of patriotism,
while their every day surroundings con
tinually remind them that their own,
government has permitted aliens to own
what God intended for themselves. And
children reared under such surroundings
are in constant danger of becoming
either sycophefntic slaves, or the most
iWhat more reasonable then, than that
the government should begin to make
restitution to its own people. Reclaim
ing the land owned by corporations and
aliens and dedicating it for the use and
homes of the landless would go fa? to
wards ameliorating the condition of the
people and securing the stability of the
No suggestion is made in the platform
In relation to the disposition of the land
held ior speculation by individuals. But
if all other lands were properly utilized
the opportunity for land speculation
would mostly cease and the condition
would be self correcting.
If my yiew of the land question is cor
rect then any political party that ignores
it, or makes any other question the main
reliance for satisfying the people and
securing their prosperity, does but des
troy some of the canker worms which
are eating the foliage and fruit of the
tree of liberty, while fostering.or neglect
ing at least, the worm at the root which
is destroying it very life. H.
On underwear, shirt waists, wrappers,
X'es ginghams, lawns, challies and pon
gees at Fred Schmidt & Bros., 921 0 St.
Dr. Mllns' Nbrvi Piasters cure BHEUMA
TI3M, WEAK. BACKS. At druggists, only 25c,
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