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About The Wealth makers of the world. (Lincoln, Nebraska) 1894-1896 | View Entire Issue (Aug. 1, 1895)
THE WEALTH MAKERS. August 1, 1895 M bank oat of every eight in the n tioa. ' I an not advocating this plan. I do not think it should be adopted, bat it may lead at up to a correct plan so let at ate bow it might have been worknd As the lawyer express it, we "will state a hypothetical case. Jones and Brown were manufactur ing shoes. They employed a hundred men paying each man ten dollars a week making their par roll a thousand aoiiara a week, as they sold snoes on sixty days time they had to pay out ten weeks wages or ten thousand dot' Ian before they got in any money. They were solid financially, had plenty ol property but had no money, bo tbey went down to bank with a ten thousand dollar note at ninety days which they wanted the bank's permission to coin Into money and for which permission they were willing to pay the bank the sum of one hundred and seventy-five dollars. Now remember that this would not reduce the amount of money in the bank. Jones and Brown would draw a thousand dollars every Saturday af ternoon and pay it to their workingmen and the workingmen would go out Sat urday evening and pay it to the stores would take it oack Monday morning and put it in bank. Or, if Jones and Brown paid their 1 men iu checks, the men would pay those checks out to tne stores and the stores would deposit these checks on Monday and the money would not even be out of bank over Sun day. But in any cane it would not re duce the amount oi money in the bank, jonea and Brown would pay the bank $175.00 not for the use of the bank's money, but for the privilege of convert ing their own note in o money. But the bank would not take the note. Orders were to call in loans and make no new ones. Bo Jone and Brown called their men together and said, "We can't get money to pay you your wages, so we will have to shut down and let you all off unless we can make some ether atrangement. The bank won't take our note for ten thousand which would carry us until we can get returns from the shoes we are selling, though tbey admit it is per lectly good. "But we'll make you this proposition. Instead of giviving the bank our note at ninety days, for the ten thousand dol lars, we will isHue each Saturday night a hundred ninety day notes for ten dol lars each. And we'll not only agiee to pay these noteB in ninety days, but will accept them whenever presented to us in payment for shoes or in payment of accounts due us provided you will ac cept these notes in payment of your wages and the storekeepers here will accept them and pass them." The working men and storekeepers accepted the proposition and Jones and Brown continued business. The notes performed all the functions of money in that community. Not only was the hoe factory kept open but these notes passing fom hand to hand made all other classes of business possible and the notes were not only redeemed in shoes by Jones and Brown but were continually being redeemed in groceries and dry goods and coal and clothing and all the neceahariea of life by all the tradespeople of the town. The noteB represented the property and wealth of Jones and Brown. The consequence was that this town enti-ely escaped all the consequences of the panic. , Of course this is only hypothetical , miaa. No such case ever occured for the reason that Uncle 8am, in the person of the comptroller of the currency for bid it But it might have occurred and would have occurred in thousands of places but for that interference. I am not advocating that sort of cur rency, though an able writer on the currency question has done so. There are parctical difficulties iu the way. It is too local in its operation, too optional in its acceptance. But defective as it is it would have "edthe country in a great measut mi the effects of the panic and have kept hundreds of thou ands at work. It is identical in every respect but one with the system of "clearing house certificates" adopted by the Associated Banks of New York City and which we were told was the only thing that saved the country from absolute ruin. The one point of differ ence and the one thing which caused the conipti oiler of the currency to per mit the clearing houe certificates and forbid the issue of what we might call "wage certificates" was that one sys tem was operated by the banks for their own protection and profit, the other would have been operated by the man ufacture and business men and working men for their protection and profit. But what I want you to observe that the defects in this plan were purely matters of detail and not matters of principle, If it is right and no one dis putes it, for a manufacturer to issue his note for ten thousand dollars to a bank, it cannot be wrong for him to issue his note for ten dollars to a working man. If it is right, aud no ot;e disputes it, for bankers and brokers to pass busi ness commercial notes among them selves it caunot be wrong for business men and working men to do the same. The defects of the nlan were wholly matters of detail. The notes of Jonei and Brown could not have had more than a local jirculatiou, because their standing and thetefore the Validity of the notes could only be locally known. Their acceptance was optional with each individual, and therefore each transac tion would have had to be prefaced with the inquiry, "Will you accept Jones & Brown'? notes?" Theae wouli have been no limitation on the issue of these notes and no means by which any one could ascertain how many Jones and Brown were issuing and theiefore nothing to prevent Jones and Brown from issuing more than their property would justify. The notes would be good, perfectly good, as long us the amount issued did not ex ceed Jones & Brown's ability to redeem in shoes or other property." But they would not be good if issued in excess of that amount As it would be impossible for every one to be familiar with the signature cl Jones Brown there would have been great risk that counterfeits would be used. But all these objections apply only to detail and not to principle. A false principle cannot be made . aound but defective details can be rem edied by care and in renity. Suppose that Uncle Sam - instead of setting his No. 10 boot down on the whole business and thereby crushine all the industries of the nation, had said ; ilhm . J 1 ! i . m "iue , vincipiw is rignt. mere is no reason why a man who wishes to issue bis temporary note for a safe amount in payment of bis obligations, should nave to purchase the permission of ome other man who happens to be a banker. I will recognize the correct ptincipie. lui tne oetaiis are Dad ana liable to occasion trouble and lead to a- buse. I will remedy the defective de tails. "I will appoint in every town an ofil cial who will see after the matter. He shall have no discretionary powers, men as tne banks now exercise and shall make no discriminations but shall simply carry out the rules I lay down. "To prevent counterfeiting I will print all tne notes myself and whoever wishes to nse them must get them from my otnciau "To avoid all difficulty about acceo tance I will provide that all these notes obtained irom me shall be fulllezal ten der in payment of all debts public and private, lo prevent an over issue of these notes, so that they would not be real represntatives of property, every person wishing to ret some of them to issue must satisfy my official that tne amount desired is within a sale li mit and must deposit with my official a satisfactory security that he will re deem them and return them to me. "h or convenience and as these notes will all be alike. I will not require that each person return the identical notes he received from me, but whenever he returns an amount of notes equal to what he received, his security shall be released. "To provide for the expenses of in- graving and printing the notes, and maintaining officials in each town to attend to the business each person get ting any of these notes to issue shall pay sueh a percentage on the amount as may be found in practice necessary to cover such expinses, but the rate of percentage shall be the same to all parties irrespective of the amount of notes issued." Can any rational man find anv ob jection to the adoption of such a plan? Had this plan been adopted the pan ic would have been stopped on the in stant. Business would have been im mediately resumed. The factory whis tle would again have been heard, runs on banks would have ceased. There would have been no Idle men tramping to Washington, for there would have been no idle men to tramp. xne notes could not depreciate for every note would have been a legal ten der, and would be backed by an abund ance of property, and guaranteed by the United States government, which in turn would have been amply secured. There would have been no inflation for no reliable man ever gives his note unless he has occasion to do so. and ia always anxious to ges his notes in as fast as possible, and under this system only reliable men or those who could get the backing of reliable men could issue notes. It would have had all the advantages of our present system of discounting notes in bank with none of its disadvantages and none of its dangers, ft would have accomplished other things. It would have equalized opportunity and pre vented the crushing of small business men by larger men. It would have put all men on an equality. Today the millionaire wno wishes to borrow a hundred thousand on his note, that is who wishes to coin his note for a hun dred thousand into money can do so at the rate of 4 per cent a vear. The business man or farmer who wishes to do the same with his note for a thou sand pays 7 percent for the privilege. 1 he small concern that wishes to do the same with his note for a hundred pays 8 per cent and 2 per cent for three months to some money broker making the rate 16 per cent a year or four times wnat tne millionaire pays. No wonder the big concerns are crushing out the smaller ones and the man with little capital has little chance in the race. And the poor devil who having only fifty dollars in the world neec's to bor row ten dollars to 'pay for his wife's doc tor bill or the baby's coffin, has to pay from ten to a hundred percent a month. ISO wonder the ricn are erowina richer and the poor are growing poorer. We are carrying out literally in our finan cial system the principle that to him that hath shall be given but from him that hath not shall be taken even that which he seemetb to have. This sys tem would have given eoual opportun ities to all with special privileges to none. It would have dethroned the money power of the country by making the people independent of them and it would have relieved our nine thousand bankers of the difficult task of manaeiner the financial affairs of the whole nation and have given them opportunity to engage in some productive occupation in which they could have earned a living for themselves. It would have done more than this. It would have knocked out the key stone of thearch of oppression, robberv. and fiaud. THE MONTCY CORNER. Comparatively few persons under- staad the meaning of the money cor ner or how it has been used as an in strument of fraud, oppression and plunder. The money corner is the center piece of the whole system of gambling in stocks and products. Make the money corner impossible and this whole system of fraud falls with It, By the manipulation of money corners the masses are plundered of billions each year. Through the oper ation of money corners business is made so unprofitable that millions are shut out from all opportunity for em ployment. The money corners in juries every leeitimate industry and makes justice aud eauity impossible. Workingmen often think that their employers are oppressing them when the employers are strusrglirg on the brink of bankruptcy. Employers often think the demands of the workingmen unreasonable when in fact the work ingmen are asking for' less than is really their own. Employers fight workingmen thinking it is they who are wronging them, and workingmen fight employers thinking It is they who are oppressing them, when in fact both are being plundered by the money power through the operation of money corner. Instead of fighting eacn oiner ootn ougnt to be united in fighting the money power and secure justice by making the money corner an impossibility. I do not n e ;n that there are no un reasonable workingmen, or no oppress ive employers. But in many cases em ployers are paying all the wages they can and live, while at the same time the wages reoeivei by the working men are far lesj than they are really earning. Both are being robbid of their just profits by the money sharks. The money corner is based upon the principle that when the supply of any article exceeds the demand the price of such article will fall, and the effect on price will be just the same whether the surplus of the article is real or only apparent. The operation ef the money corner is to create an apparent surplup by interference with exchange so as to be able to depress prices at certain periods and advance them at other periods a may suit the will of those who are manipulating the busi ness. To illustrate this thing I will tell you a little fable which will show the working better than a lengthy argu ment. On the west bask of a certain river far from all other civilization were lo cated two communities. Those on the west bank of the river were engaged In agriculture, and having fertile soil and being well skilled in the art they produced in abundance corn and wneat and wool and all other products of that class. They produce enough to sup ply abundantly themselves and another community as large. On the east bank was another community of equal number engaged in mining and manu facture. Having rich mines, plenty oi machinery and efficient workingmen they were able to produce enough to supply themselves and another com munity as large. The people on tne west bank afforded an abundant de mand for the products of mines and factories, while the people on the east bank afforded an equally abundant de mand for the products of field and farm. The two communities were con nected by a bridge, and this bridge was continually throneed with teams conveying the products of one com munity to meet tne demand oi tne other. Demand and supply were equal, and both communities were prosperous. But one aay tne oriage was burned, and as the river was too deep for fording all communication be tween the communities was stopped. The work of rebuilding the bridge was hindered bv a series ol accidents. As a consequence of this interruption of communication the people on the west bank began to suffer for the want of products of the factory and mine, and at the same time being unable to dis pose of their agricultural products there was an apparent surplus and prices of those products went down. On the east bank people were suf fering from lack of corn and wheat and wool and butter and beef and at the same time as there was an appar ent surplus with them of the products of factory and mine, the prioe of these articles went down. After this had continued for some time a handsomly dressed gentleman appeared in each community well supplied with money. On the east bank he bought up at the low prevailing prices the products of factory and mine, and on the west bank he bought at equally low prices the products of field and farm. Very soon after he had secured practically the whole apparent surp'us on both sides of the river, which he han se cured at prices which were ruinous to producer, the difficulties in tho way of constructing the bridge ' vanished as mysteriously as they had appeared. The bridere was rushed forward to completion and traffic was resumed witb a boom which caused everyone to say that prosperity had returned and good times were coming. But while it was noticed that the bridge was thronged again with vehicles trans porting produce back and forth it was soon discovered that the people Seemed to be but little better off. A further examination of the situation showed tnat these vehicles were nearly i loaded with the goods which had been purchased by the well dressed gentle man, and that he was selling to the people on the west bank at high rate prices that which he had bought from those on the east bank at low prices, and was selling to the people on the east bank at high prices the goods which he had bought from those on the west bank at low prices. The more Intelligent members of the community soon reasoned out that their troubles had been brought about by the burning ofthe bridge which had interfered with the natural working of the law of sup ply and demand. They regarded it howeyer as an unavoidable accideBt and trusted that now the new bridge was built both communities would soon see a restored prosperity as prices settled to normal figures and traffic continued. There was of course a slow but con tinued improvement of business and as had been anticipated the apparent surplus on each Bide gradually disap peared aud prices began to oe restored to reasonable figures. The producers on each shore were able to ssll their products for nearer what they were worth and were able to buy the pro ducts of those on the othty shore for a smaller advantage aoove real vaiue. But just as they were beginning to congratulate themselves upon the res toration of old time prosperity tne bridge was burned again. Another series of accidents delayed the rebuild ing. Thi) well dressed gentleman ap peared as before at the time when the apparent surplus upon both sides had reduced prices to ruinous figures, and the old scenes were re-enacted again, after the apparent surplus had been bought by the well dressed gentleman at ruinously low prices the bridge was re-constructed, and he disposed or his purchases at prices ruinously high to the purchaser and prosperity returned with the same slownecs as before. After this thing had been repeated a number of times some of the wiser men in the community began to con clude that there was some connection between the burning of the bridge, the delays of re-bulding and their regular losses through fluctuation of prices and apparent surpluses and apparent de ficiencies, and a suspicion began to arise in their minds that this well dressed gentleman who was accumu lating enormous wealth and had erect ed himself a magnificent castle on the hills back from the river must be in some way connected with the periodi cal burning of the bridge, the difficul ties which always arose in its re-construction, and tho speed with which it was re-constructed after he had got ten into his posession at low prices the products of labor on both sides of the river. It seems to me that you must begin to see the application of this story. The people of this country are engaged in producing all that is necessary for the health, happiness and welfare jt man, but no one person produces all that is needed by any one man, and each producer produces immensely more of the particular article he does protuce than he himself need?. As with these two communities in my story it is therefore necessary that there should be constant interchange between the people of the country. The man who makes shoes will make a great many more shoes than he can wear himself, but he makes nothing else. He must therefore exchangj shoes for food and clothing and fuel and ail tne multiplied Items of detail which make up the needs of man. The same is true of the man who produces clothes er coal or wheat or wool or any tning eise. in lact so minvte has be come the subdivision of labor that no one man produces the whole of a single article. The labor of a thousand men has probably touched at some point Ibe manufacture of the pair of shoes yon wear. This minute subdivision of labor therefore necessitates an im- mence and rapid interchange of the products cl labor, and if this inter change stops, production must stop. men must be idle and in every line there will appear to be a surplus caus ing depression of prices while at the same time there will be everywhere suffering and want, due to the lack of these very things which appear to be In over supply. This constant interchange of the products of labor L effected through the medium of money. Let money be plentiful, and everywhere available to all who need it in effecting exchanges, and these exchanges will go on with rapidity and on a basis of price that is equitable to all and there will be em ployment with fair returns for every man in the community. On the other hand let the supply of money be re duced or let it be available to those who need it, and the interchange of products will stop, production will consequently stop,prices will be unduly depressed, and multitudes will be thrown out of employment. Now at this period the man with money in his posession can quietly purchase at prices which are ruinous to producers this apparent surplus in all branches. If after this is down the luterference with the money supply is removed, and prices restored, business resumed and production re-commenced, he will be able to reap a sec ond harvest by selling these products at more than lair prices to those who during the period of depression have been suffering with want. You see it is the story of our two communities re-enacted. The money is the bridge that connects the pro ducers of one article with the producer of another. Just as the man who could secure the destruction of the bridge when he wished it, delayed its re-construction until he had secured the products of the people, and then have it speedily rebuilt could amass an immense for tune and build himself a castle upon ihe hill back from the river. So the men in this country who have the power to cut off the money supply, de lay its restoration until tbey have se cured the products of the people and then speedily restore it, can amass fortunes of hundreds of millions and build castles in Scotland, or homes on the Thousand Islands. The picture I have drawn of my two communities is an exact picture of what has occurred in this country during the past two years, and what occurs in this country every lew years, and which in fact in partial degree happens in this country several times every year. When the time comes that our money kings wish to possess them selves at less than its real value, of a large portion of that which the people have been producing by their labor, the first- thing done is to form a syndi cate which will draw from circulation as much money as possible. This money is locked up in private safes or in safe deposit boxes. With, nine dollars on deposit for every dollar of actual money in banks it requires a withdrawal of but a very small amount of actual money in order to reduce the amount in the banks to the point where they must begin to call in their loans and cease discount ing paper. As I showed you in the be ginning eight-ninths of all the money that is used in the exchange of pro ducts is monev created by the discount of commercial paper. The withdrawal of a small amount of actual legal tender money compels at once the calling in of this bank credit money and in thirty days a contraction of a few millions manipulated by a money syndicate in New York with the assistance of a few scare-head articles easily purchased in the daily papers can cause a contract ion of many hundreds of millions in the actual medium of exchange that is be ing used by the people at large. This is a money corner. It is being worked on a greater or smaller scale continually. It will be worked as soon as the present wheat crop is ready for sale, &nd notwithstanding the official report of a short crop you will find that when the crop comes on the market there will be an apparent surplus. This apparent surplus will be due to the fact that the grain gamblers have caused a contraction of the money in the country so that the crop cannot be sold, and this contraction will be continued until the price has been run down to a figure which will suit the grain gamblers and they will purchase. In other words the bridge between tho wheat growers and the wheat eaters have been burned and its restoration will be delayed until the wheat growers have been compelled to dispose of their product at ruinously low prices lo the well dressed grain gambler, when the financial bridge will be constructed and the grain gambler will dispose of what he has purchased to the wheat eaters at a price which is greater than its actual value. I think that in my illustration of the two com munities and the effect of burning the bridge you can see bow the money cor ner makes possible continuous plunder of the people and how it operates to Keep prices low to the producers, high to the consumers, and keeps millions of men out of employment. Justice and equity cannot prevail in this country. The unjust distribution of wea'.th cannot be stopped until the money corner is forevermore an impos sibility. I think an investigation of this situation will convince you that an increase in the circulation of the na tional banks will not remedy the diffi culty. The banks will still have con trol of this circulation and any amount that it would be possible for them to put out would have but little effect upon the total volume of available money. Just biar in mind the fact that the ac tual amount of money used in the busi ness of the country is about four and a half billion dollars of which four billion is really personal notes doing duty as money by the permission of the banks, and over which the bankers have com plete control. What would an issue of s few million or even a half billion, or 1 a billion currency oi any en accom plish in replacing this four billion which the banks can withdraw when ever they please, and which they must begin to draw whenever the New York money kings pull the string? It is evident that the free coinage of either win not meet the situation. As 1 nave before shown you, if all the silver in world available for currency purposes could be brought Into the United btatea and pat into circulation it would not equal the amount of this personal paper used lor currency which can be with drawn by the action of the banks. There is but one possible way in which tne money corner can be made impossi ble. That plan is by taking away the control of personal paper from the bank and restoring It under such regulations as mayjbe necary, to each individual, establish such a system as that which 1 theoretically described, In which Uncle Sam would allow each man to is sue his own notes, but only to a thor oughly sa'e limit, just the same as the national banks now can Issue Its . own notes, but to a thoroughly safe limit. Have these notes made legal tender so that they can circulate everywhere. nave the security neid by the govern ment official so as to assure the re demption cf the notes, a redemption to be effected not in gold alone, or in silver alone, or in both gold and silver, but in all the property of the individual who issues them, aud you will have a system which will make the money corner an impossibility, which will al low exchange to go on unhindered, and will give opportunity for employment to every man on the continent. My friends who have been advocating a definite issue of money by the U. S. government to a definite per capita will readily see that their plan will not stop the money corner. The per capita plan is exactly what we have to day and is the plan under which the money corner was born and has thrived and grown until, largely through its work, three fourths of the wealth of the people has been taken from those who produce it, and placed in the hands of speculators and gamblers. The only difference be tween our present pian and the plan which the advocates of a definite per capita circulation presents is in the amount per capita and not in the prin ciple on which the system is based. Under the free coinage of silver, under an increase of national bank circulation, under an issue of greenbacks up to fifty dollars per capita, the money corner would be a little more difficult to ope rate, but its operations would be just the same, and its results would be just the same. Now then take the plan which I out lined as one which might have been used to stop the panic and restore good times and change the terms I used a little bit. Call the personal notes which would be issued and which were to be printed and furnishel by the government "United States legal ten der notes." Call the government official who was to attend to the matter a 'government banker." Call the place where he does business, keeps his notes ready to supply those who need them, and holds the documentary evidence of seourity a "real national bank." Call the fee which was to be paid for the maintenance of the system "interest," aDd you have the Ohio financial plan as adopted last year by the sixth and seventh congressional districts, and this year by the Ohio state convention, exactly and you have the only system that has ever been presented as a solu tion of the money problem which will seoure justice to all. I left tne discussion ot the cause oi the panic at the place where 1 had shown you the various things which did not, and could not have caused the panic. I purposely postponed giving an answer to the question "Wnat did cause the panic and bard times and unjust distri bution of wealth.-"' Uecause i was sure that the further matter I had to present would lead you to understand that lor yourself. The cause cf the panic of '93 in the United States, the same kind ol panic in '73, the same kind of panic in '67, the 6ame kind of a panic in '37, the panic in England, the panic in Austra lia, the panic in all countries where civilization prevails has been a rotten financial system which has placed the control of" the working money of the country in the hands oi! a few men go that speculators and gamblers could bring about a financial crash whenever they thought it necessary. We have seen that the various expla nations of the panic all failed to explain because the conditions did not prevail in the different countries and different years when panics occurred. I haye presented you an explanation of the panic in a financial system which pre vailed here in '93, and in '73 and In '57, and in '37, and in England, and Europe, and in Australia. Similar effects spring from similar causes. Here we have found similar effects occurring in widely distributed nations at widely distributed periods of time, and we find financial 6vstem which has been practically the same in all these nations and at all these periods. We have, therefore, an explanation which ex plains, a cause which is found every where where panics have been found, and a closer investigation of detail will show that the severity of panics has borne a close relation to the complete ness with which this financial system has prevailtd. Franca has less panics, and less severe onts than any other nation, and France, while not having a perfect system, so that panics do not come ana money corners are worked, yet has a larger proportion of actual le?al tender money, acd a less propor tion of these "bank credits" which I have called "personal money," than any other civilized nation. I have shown you that the one func tion of money is to facilitate the 'ex cl a 'ge of products, and would have you keep in mind this chain. Production makes wealth. Exchange is essential to production. Money is essential to exchange. Therefore, money, hile not wealth is essential to the production of wealth. Again. Production gives opportunity for em ployment. Exchange is essential to continued production. Money is essential to exchange. Therefore, money, while not in itself giving employment to labor is essential in order that we may have exchange, in order we may have production, in order that we may have abundant em ployment for labor. You see therefore that the time has come when men' of hearts and brains must rise and take the misdlreeted reins of government. You have left them in the hands of alien financial houses and of American political ?iickeys until they have driven your mighty vehicle of state to the very ed e of the precipice, a plunge over which will land us In bloodshed, fir and anarchy. ( You men of hearts and brains must' therefore, rise in a political party and in one political party. There is not room for two roform parties in America . but one united body, inspired with en-, thusiasm and love of right and justice, i you must take hold of these reins of ' government and conduct the vehicle of i state in the ways of truth, justice and righteousness. Then may you Nebraska prohibition-' Ists tomorrow take a position that will ' demonstrate your intention and your , ability to rise and take the reins of government, bring order out of chaos, make peace take the place of strife, re-' enthrone justice, and rescue the flags Of the free hearts hnnn unit Vinma .it. : angel hands to valor given, from the ' corrupt powers of organized greed and organized ruin which by craft and! vncKery nave stolen. May you on the morrow orpanizn a n nriinuta fmA with the spirit of '75 which shall never lay down its arms till it has rescued "Old Glorv" and nrn noraln ha ivoa. dom's soil beneath our feet and free dom's banner floating o'er us. i Thou art Freedom's child, "Old Glory," Born of Freedom's high desire, Nursed amid the battle's Ire. Tried by thunderbolt and nre, On the Held and on the tide Where our heroes side by side Followed thee and fought e nd died Gazing on thy stars, Old Glory. We will stand by thee. Old Glory, On the lands and "n the waves, , For our babes and tor our grayes, Though we stand or fall as slaves. For thy stars are not to blame For the treason, fraud and shame That poiute thy holy name la our halls of state. Old Glory. Knaves have stolen thee, Old Glory. For their Babylonian bowers; From their festal walls and towers Droops the flag that once was ours; O'er their crimes thy beauty traffs, And the old time answer fails -When from Chainpangs, courts, and jails, Men appeal to thee, Old Glory. Be our shield, once more, Old Glory. So the world in travail pain Turns and pleads to thee in vain, While through plundered vale and plain Stripped and bruised by licensed thieves Outcast labor tramps and grieves With no help from thee, Old Glory. We will rescue thee, Old Glory. Bloodless may the process bo, Peaceful! as the yearning &ea Anchored to the windless lea, But if peace cannot avail Welcome tidal wave and gale, Welcome lightning, flame, and hall. Till thy very stars turn pale In the grander light, Old Glory. If It must be so. Old Glory, If blind error join with force, Truth and justice at their source Suns and planets in their course Let the earthquakes lift the deep Let the wild floods wake from sleep, Let the crouching terrors leap, And where Gods own toilers reap We will carry thee, Old Glory. , Sheriff Sale. Notice Is hereby piven, that by virtue of an 5nler of saieTssued by the Clerk of the District "oiirr of the Third Judicial District ot Nebraska, within and fnr Lancaster County, In an actio KluTHin Everett Kinney la plaintiff, aud John D. knivht I h defendant I will, at 2 o'clock p. ni , oa lite in h day of August, A.I). Is 95, at the Eue door of the Court House, in the City of Lincoln Lancaster county, Nebraska, offer for sale 8 pnli lie auction the following described real estal. to-wit: Lot bIx (61 In the southwest qnnrtrr (s w. 14) ol section Thirty-mix (36), town ten (10,, range si (!), Last, aero rdi tin to the recorded plat of snM suction, t hiity-sir (3u), containing ten (10) acre more or le-s, in Lancaster comity, Nebraska. H ven uutler my hand this 'iia duy ol Jul;, A, I. 1S'J5. FEED A. Mil, I Ell, 7t5 Sheriff. Sheriff Sale. Notice Is hereby given, that by virtue of an ex eounon ipsoed by the Cierk of the District Court of Ihe Third Judicial District of Nehranka, with- n and for Lancaster County, In an action where in Western Giiihs and I'atnt Company Is plaintiff, and Theodore Kaar and Mrs, Sarah Kaar arede (endants I will, at 2 o'clock p.m., on the l!7th day of August A.I), 1885, at the East door of the Court House, In the City of Lincoln, Lancaster county, Nebraska, offer for sale at public auction the following described rtal estate to-wlt: The north half of the southeast quarter of sec tion thirty-three (:13, township nine (9), north, range six (6), east in Lancaster county, Nehruska. (liven under my hand this Md day of July A.l. 18U5. F11ED A. MILLER, 7ta Sheriff. Sheriff Sale. Notice Is hereby given, that by virtue of ai execution issued by theClerk of the District Conn ol the Third Judicial District of Nebraska, with in and for Lancaster County, In an action where in the Columbia National Dank is Plaintiff, and Theodore Kaar Is defendant I will, at It o'clock p.m , on the l!7th day of August A.D. 1X5, at the East door of the Court House, in the City of Lin coln, Lancaster County, Nebraska, offer for sale at public auction the following described real estate to-wit: The north half of the southeast quarter of sec . tion thirty-three (33), township nine (9), nortl range six (8), east, In Lancaster county. .Ne hraska. (iiven under my hand this 22d day of July A.D 195. FKED A. MILLKH. 7t5 Sheriff. YOU ARE OUR AGENT. For a Club of Five yearly sub scribers we will give a Year's Subscription to the person send ing it. Send for Sample Copies and work among your neigh bors. Address THE WEALTH MAKERS, J. S. HYATT, Bus. Mgr., Lincoln, Neb. Ball and Steamship Ticket Affency. For rail and steamship tickets at lowest rates to any part of the world call on A. 8. Fielding, City Ticket Agent Northwestern Line, 117 S. 10th St 49 tj
