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About The Wealth makers of the world. (Lincoln, Nebraska) 1894-1896 | View Entire Issue (Oct. 10, 1895)
October 10, 1893.
THE WEALTH MAKERS.
WHAT ARE WE COMING TO?
Thoan Who Ones Utnonnmd Socialistic
Theories Ar Now Vigorously AdToestlng
One of the most surprising develop
ments of -these times is the revolution
of sentiment that is rapidly taking
place in relation to socialistic theories.
The New York Tribune, in these de
generate days, has come to be recog
nized as the mouth-piece of the ultra
"conservatives," as the self-loving in
dividualists are called. And yet this
same New York Tribune, commenting
editorially upon public ownership of
street railways in English towns, in its
issue of September 16, says:
"The employes are better paid and
better treated than under private own
ership of the lines, and the fares are
lower and accommodations for passen
gers incomparably better than in Amer
, ica. A cent a mile is the usual fare,
and a seat is provided for every pas
"Yes, but it is socialism, cry some.
The objection is an idle one. If it be
a good thing, let us have it, socialism
or no socialism. ( But, as a matter of
fact, it is not socialism. .... We may
call it state socialism, fcr want of a
better term, but it has nothing in com
mon with socialism in the ordinary in
terpretation of that word. It is exactly
at par with municipal operation of
water works, which we have here, and
of the Brooklyn bridge, which is not
condemned by the most radical indi
vidualists; and with state ownership
of the canals and with national own
ership and operation of the post office
system. If it is socialism, so are they.
But these are not socialism. They
are merely the public or municipal or
state ownership of certain things that
from their very nature pertain to pub
lic use. The radical distinction be
tween individualism and socialism is
this: The former would have the state
perform all public works, and the in
dividual all private works; while the
latter would have the state do all, and
would deny the right of private initi
ative altogether. Now the streets
are public property. Everyone recog
nizes that No one can build and work
a railroad on them without a charter;
without, that is, permission to use
public property exclusively. If
the municipality or state has a right
to grant such permission, it has also
the right to withhold it and keep for
itself the privilege of thus using its
own property, whether for railroad
tracks, or gas pipes, or electric wires,
or anything else. In reserving for it
self all s-ich franchises it is not abol
ishing or infringing upon private en
terprises. It is merely declining to
lease its property or farm out its busi
ness to others."
Of course we who are educated along
these lines know that the Tribune is
making a distinction where there is no
difference. Indeed, the Tribune's very
language goes to prove that the differ
ence is not in kind but in degree
only. There are two degrees, of so
cialism: The ideal, which is more prop
erly called communism, and the prac
tical, which, the Tribune would have
us believe is individualism. But the
distinctive differentiation consists not
so much in doing, as in owning at
least, not any more so. Practical so
cialism would have the state own all
public property, or factors, and oper
ate them for the public good. A very
little honest investigation will suffice
to convince an impartial inquirer that
land, banks and improved machinery
belong in common, equally, to all the
people. But "it is coming," and that
at a rapid pace.
Who would have believed that the
demand for free text books in our pub
lic schools, which was simply laughed
out of court but a few years ago, would
so soon be given a practical trial and
would be advocated by the big dailies.
And yet these are the present condi
tions, as you may learu from a reading
of the following editorial which ap
peared in a recent issue of the Chicago
, Inter Ocean:
"Public opinion in Chicago being di
vided concerning the propriety of issu
ing fr j text books to pupils of public
schools, the board of education wisely
has taken counsel of the cities in which
the rule of free books prevails. In
Brooklyn, in Philadelphia, in Boston,
and in Minneapolis the children at
tendant on the public schools are fur
nished with books at public cost, and
in all of them experience has demon
strated the wisdom of the practice.
The Brooklyn report to the Chibago
board of education concludes thus:
The system of free text books and
supplies is eminently successful, and
there is not the most remote prospect
of giving it up. The system is spread
ing in New York state.' "
"The testimony from other cities is
in similar tone. Upon this evidence
Mr. J. W. Errant introduced this reso
lution to the board of education at its
last session: 'Resolved, That it is the
sense of this board that we adopt the
system of free text books.'
"The resolution, however, was made
the subject of discussion at a special
meeting to be called by the president
at an early date. The Inter Ocean has,
from the first agitation of this impor
tant issue, been disposed to favor the
system of free books. It is not only
the very poor upon whom the burden
of purchase of school books weigh
heavily. The clerk, whose salary
ranges between $15 and $20 per week,
who is compelled by circumstances to
dress well and live on a respectable
street, finds it hard to buy school books
far a half dozen children. The arti
san, whose wages range from $3 to S3,
must pinch at some point to meet the
necessary expenses of our 'free school'
system. It is true that books can be
had without cost by those who choose
to make a confession of poverty, but
it is also nobly true that' the American
parent will endure severe privation
rather than sue as a pauper for a gift
of books to his child.
"If it be true that free books ought
not to be furnished to the children of
parents who are able to pay for them,
then, by parity of reasoning, it is true
that free tuition ought not to be fur
nished to such children. But the frara
era of the school system saw clearly
the danger of acceptance of such a
theory. They knew that if the chil
dren of Jones, who earns his (5,000 a
year, were to be denied admission to
the public schools on the ground of his
ability to pay for private tuition, the
children of Robinson, who earns but
$800, would refuse to attend schools sefc
apart for 'poor children,' One of the
chief benefits, perhaps the chief bene
fit, of the public schools is that they
furnish free tuition to all classes; they
are nurseries of republican democracy.
The children of rich and poor, of cul
tured and uncultured, of native and of
alien parentage, meet on equal footing
during the formative years of life.
The sacred doctrine. 'all men are born
free and equal and endowed with cer
tain inalienable rights' is practically
illustrated in the rooms and on the
play grounds of the public schools,
and this because they are both public
schools and, in the matter of tuition,
"To make them free schools in the
full sense of the term, the books, as
well as the teachers, should be fur
nished freely to all. Boston, Philadel
phia and Brooklyn have made their
schools completely free. The action
of the board of education of Chicago is
waited for with anxiety."
Let the people's hosts move forward.
Let us rally round the blood red flag
of Prince Immanuel, which bears the
inscription: "The Fatherhood of God
the Brotherhood of Man." Truth must
finally prevail. George C Wakd.
THE WISE MAN'S WORDS.
Benjamin Franklin Believed In Legal Ten
der Paper Money, Bottomed on Taxes.
At a time when the currency ques
tion engages the attention of millions
of our people it will be of interest to re
call some of the utterances of Benja
min Franklin, more than a century
Franklin was the wisest of American
economists, but the gold-bugs of our
day will find little in his writings to
commend. In his article on the
"Nature and Necessity of a Paper Cur
rency," he wrote:
"L A great want of money in any
trading country occasions interest to
be at a very high rate. Conversely, a
plentiful currency will occasion inter
est to be low. 2. Want of money in a
country reduces the price of its prod
uce. Conversely, a plentiful curren
cy will cause the trading produce to
bear a good price. Inasmuch as prices
adjust themselves to the amount of
money in the country, this proposition
is true. 3. Want of money in a coun
try discourages laborers and ( handi
craftsmen (who are the chief strength
and support of the people) from com
ing to settle in it; and induces many
that were settled in it to leave the
country and seek entertainment and
employment in other places where they
can be better paid. Conversely, a
plentiful currency will encourage great
numbers of laborers to come and settle
in the country. 4. Want of money in
the province occasions a greater con
sumption of English and European
goods in proportion to the number of
people than there would ' other
wise be. Conversely a plentiful cur
rency will occasion a less consumption
of European goods in proportion to the
number of the people."
In determining the value of money
Franklin makes a distinction between
coin and bullion which shows careful
study. He says:
"To make a true estimate of the
value of money, we must distinguish
between money as it is bullion, which
is merchandise, and as by being coined
it is made a currency. For its value as
a merchandise and its value as a cur
rency are two distinct things, and each
may possibly rise and fall in some de
gree independent of the other. Thus,
if the quantity of bullion increases in
a country it will proportionately de
crease in value; but if at the same time
the quantity of current coin should de
crease (supposing payments may not
be made in bullion), what coin there is
will rise in value as a currency."
Franklin maintained that men would
not hesitate to take anything as full
payment of debt, provided they had
the assurance that they could repass
the article at the same value at
which they received it In reply to
the charge that the paper money
of the colonies did not retain its
nominal value, he said that in En
gland the price of bullion at that
time fluctuated, and said that all the
coin in the country had depreciated 10
percent. lie then made the point that
the paper money of Pennsylvania had
maintained a fixed value for forty
years, although in the meantime the
quantity of paper bills had been in
creased from 75, 000 to 83. 000, 000.
No country ever had a stronger
champion of paper money than Frank
lin. Until the last he held that paper
money, "bottomed on taxes," legal
tender for all public and private dues,
was the best money, and that in a
wealthy country like ours there was
no danger of issuing too much of it,
because the people and their repre
sentatives were interested in having
The rich men of Franklin's time op
posed his financial views, but they
could not answer him, and he had his
way in Pennsylvania until the British
government interfered and made the
colonies limit their issue of paper cur
rency. Atlanta Constitution.
Poor New York.
The voters of New York will be
called upon this fall to vote for or
against the proposition to bond the
state for 89,000,000 to improve the Erie
canal, the Lake Champlain canal which
will connect the St Lawrence river
with Lake Champlain, and the Owego
canal connecting Lake Erie with the
Erie canal. These are all very neces
sary improvements, but why issue
bonds for their promotion? What's
the matter with greenbacks, issued by
the general government and loaned to
the great state of New York at 1 per
cent, interest, the rate charged na
tional banks? Ah! The bankers want
the bonds to speculate on and draw
blood-money from the people. And
what are the people as opposed to the
banks? Bonds! Bonds! Bonds Will
the people never throw off the burden
of banks and bonds? Chicago Express.
POINTS FOR THE PEOPLE.
' You are willing that private cor
porations should carry on public busi
ness; well, they are willing to carry it
on, and don't ask you anything about
the business either. Coming Nation.
All debts must actually be paid in
labor though they be nominally paya
ble in money, and the effort required
to secure the money is the real meas
ure of the amount of debt Chicago
Switzerland has the best European
postal system at the lowest rates. The
post office runs the mail, the telegraph
and telephone, the express business
and the stage transportation. Galves
ton (Tex.) Reformer.
It is rather humiliating for Ameri
can citizens to have to acknowledge
that the national treasury is at the
mercy of a syndicate of bankers whose
selfish interests are best subserved by
raiding the treasury. Journal of Ag
riculture. Gold has not the intrinsic value of
iron. So said the philosopher and
statesman, Benjamin Franklin. Iron
money of the same size and denomina
tions of gold money would therefore
possess more intrinsic value than gold
money possesses. Missouri World.
The means of transmitting intelli
gence are partially owned by the peo
ple and the people pay no interest on
watered stock in the part that they
own. But on water in the telegraph,
which they do not own, they are will
ing to pay 800 per cent profits every
year. Coming Nation.
It is amusing to see on the counters
of banks pamphlets teaching the peo
ple "sound money" so the bankers can
live in palaces off their dupes. Repub
lican bankers quote a democratic presi
dent approvingly and democratic bank
ers quote John Sherman! Corporations
have no politics but plunder. Appeal
The only conclusive evidence of a
man's sincerity is that he gives him
self for a principle. Words, money, all
things else, are comparatively easy to
give away; but when a man makes a
gift of his daily life and practice, it is
plain that the truth, whatever it may
be, has taken possession of him.
James Russel LowelL
Government banks, the profits to
go to the public purse instead of the
millionaire purses, is the next step in
national progress. Then all men will
be treated with equality, no panics
can occur and money will be available
to all on equal terms. A government
bank will be as safe as the govern
mentKansas City Appeal to Reason.
If a business man should sell his
promissory notes at 35 cents on the
dollar and afterward buy them in to
' retire them at $1.30 premium, though
they drew no interest, people would
call him a fool; but when Uncle Sam
does that sort of thing he is a great
financier in the eyes of the bankers
who are just now cornering green
backs. Chicago Express.
"Rev. Passmore," says the Satur
day Critic, "has been preaching the
! gospel at Denver, CoL He preached
the creed as preacnea djt ennst. ue
followed the teachings of the Sermon
on the Mount All this did not suit
his hearers, who wanted sermons with
all Christianity expunged, so he has
been tried by the elders for "unminis
terial conduct' Money has got its
grip on the church as well as on the
Old Wanamaker, the pious pirate
of Philadelphia, who prays like a Phar
isee, and preys like a pirate, has a son
who is doing "Yurup" in princely
style, having given a $20,000 banquet
in Paris recently, which made the frog
eaters go into high jinks spasms and
exclaim, "he's a dandy." To get this
money old Wanamaker has a thousand
employes, whom he robs of about $3 a
week, each, at least $100,000 a year. It
is quite likely that old John's boy will
get there in advance of his piratical
daddy. Railway Times.
Senator Mills uses the exploded
gold-bug rot about a 50-cent dollar. If
If there is a 50-cent dollar in the
United States the Mercury will pay a
premium on it, and hereby orders ten
thousand of them. We need them in
I our business, and if they can be
secured at su cents eacn tney are a de
sirable investment, for they will pay
our debts dollar for dollar, and do it
honestly at that. Bring on these 60
cent dollars. W will take 'em at par
for subscriptions, and won't kick about
dishonest money. Southern Mercury.
If the capitalists of this or any
other land made the earth I could see
why they own it If they made the
houses and machinery I could see why
they own them. If they made the food
and clothing I could see why they own
them. But as God made the earth, and
laboring people made the other things
mentioned, I cannot see any equity in
any other ownership than in them. It
is really hard to believe that capital
ists have persuaded all the producers
of wealth that they, not the makers,
should be entitled to them. Appeal to
There are no government obliga
tions not payable in coin, and coin
means gold or silver, yet Mr. Carlisle
pays out gold despite the fact that it
requires a bonded debt to enable him
to do so. This is serving these gold
gamblers at the expense of the masses
of the common people. It is simply
robbery, and the public officer who
will be guilty of it ought to be dealt
with if he fails to heed repeated warn
ings, directly by the people, and in a
manner that will serve as an example
for future public servants. Southern
Two cases were recently before a
court in South Dakota. One was that
of a poor man who had stolen a horse
that was proven to be worth about $20.
He was sentenced to five years at ha'rd
labor In the penitentiary, and in a very
few hours be was within the prison
walls. The other was that of W. W.
Taylor, ex-state treasurer, who
acknowledged to having stolen $367,
656.50 from the state. He received a
like sentence of five years, but instead
of being hurried off to prison, he waa
granted another hearing, and is still al
liberty. Progressive Farmer.
Cared bj Using
Words of Comfort to All who Suffer from
"For years, I was a martyr to
inditrt,a'n- nd ',a' about given
up all hope'of ever finding relief,
as the complaint only seemed to
grow worse instead of better,
under ordinary treatment. At
last, I was induced to try Ayer s
Sarsaparilla, and I hereby testify
that after using only three bot
tles, I wascured. I can, therefore,
confidently recommend this med
icine to all similarly afflicted.
Franklin Beck, Avoca, la.
"I am personally acquainted
with Mr. Beck and believe any
statement he may make to be
true." W. J. Maxwell, Drug
gist and Pharmacist, Avoca, la.
"I have used Ayer's Sarsapa
rilla for general debility and, as
a blood -purifier, find it does ex
actly as is claimed for it. S. J.
Adams, Ezzell, Texas.
AAmittad lor Exhibition Ol
AT THE WORLD'S FAIR 2
SYMPATHY FOR CUBA.
Chicago Raises Her Voice for the Cans
Chicago, Oct. 3 .As much of the
population of Chicago as could find en'
trance to the auditoriums of Central
Music hall and the Y. M. C. A build
ings last night Bhouted itself hoarse
in approbation of a series of resolu
tions in which the United States gov-
ernment is asked to recognize the Cu
bans as belligerents. Such genuine
enthusiasm has seldom been witnessed
in this city, and on no occasion were
words spoken by men more lull oi
heart and soul than the speakers.
Mayor George B. Swift presided at
the mam meeting in central music
hall, while Judge William A. Vincent
was chairman of the overflow meeting
in the Association building. The
seventy-five vice presidents who occu'
pied seats on the platforms were
chosen from among the leading busi
ness men of the city, and each one of
them had previously expressed himself
as in full accord with the object of
the meetings. Before the speaking
began copies of telegrams from
number of gentlemen who could not
be present were read. The first of
these was from Governor John P. Alt-
geld, 'and its ringing words called
forth cheer after cheer. Other tele
grams were from Congressman George
E. Adams, Senator Wilkinson of
Florida and George R. Peck.
All of the speakers addressed both
meetings. They were: Hev. F. W.
Gunsaulus, W. J. Hines, Rev. P. 8.
Benson, John Mayo Palmer, Thomas
B. Bryan, William E. Mason and E. B.
Sherman. When Gunzales De Que
sada, secretary of the Cuban revolu
tionary party of the United States,
and Q. A. Zayas, another prominent
Cuban, stepped upon the platform at
Central Music hall, the enthusiasm of
the audience knew no bounds, and it
was some minutes before order was
restored. Rev. Dr. II. W. Thomas
read the resolutions, which were
adopted as by one mighty voice.
AN OMINOUS COMET. ,
The Fiery-Haired Monster of Faye Ap
proaching the Earth.
Paris, Oct 2. A special telegram
from Kiel observatory announced that
the approach of the periodical comet
of Faye had been discovered by Pro
fessor Javelle of the JsTice observatory.
Without taking an alarmist view of
affairs, it may be well to point out the
theory so graphically developed in M.
Flammarion's book, "The End of the
World." In that work acollision be
tween a comet and the earth is de
scribed with astronomical precision
and during the extraordinary phenom
ena that ensue there was unusual heat,
the first phases of which were similar
to those now prevailing in northwest
ern Europe. Can it be possible that
the present high temperature is the
precursor of a terrestial smash-up with
Be that as it may, however, the
continued drouth and heat are caus
ing serious inconvenience all over
Europe. The Seine, Marne and Loire
have never been so low as now and a
water famine in numerous districts
seems to be impending. Slight fevers
are becoming prevalent and animals
Cases of sunstroke are numerous in
Great Britain and on the Continent
and the weather reports indicate that
tornado indications will cover all
Western and Central Europe.
Dr. Madden, Eye, Ear, Nose, and
Throat disHsspg, over Rock Island
ticket office, S. V. cor. 11 and O streets.
Glasses accurately adjusted.
Ball and Steamship Ticket
For rail and steamship tickets at
lowest rate to any part of the world
call on A. S. Fielding, City Ticket Agent
Northwestern Line, 117 8. 10th St. 49t
Pay up your subscription and get a
few new subscribers for Thk Wealth
Makers. Only 80c. from now till No
Cyclone Season is Here.
t (I f t
&:r lr.f.m'f, 'Trfe
$3 for flrrt $ l.OOO, 10c. for
each additional $100 In the Cy
clone department. Same In Fire
FIRE, LIGHTNING AND CYCLONE INSURANCE COIIPANT.
' . (AMIS OF S1RICTOBS. FOMOFtlCS. '
Tim expires la ISM.
G. A. FELTON.:.' ...............Angus .
W. J. EYESTONE.. Rising City
rt J. A. SMITH. i .... i ... . . . Cedsr Baplds ,.
' That expires la IStT, i
M. DALY.. ...Elgin
J. P. ANTHES. Button
Tim txplru tn ISM.
SAMUEL LIOHTY... . ....Falls City
J. O. NEFF Raymond
We. YOUNG Palmyra
a LICHTY, President ....FaUi City
L N. LEONARD, Vice-President Lineola
J. Y. M. SWIGART, Seoretary-Treasurer ...Tdnoola
Over $800,000 Insured. Have paid $040.00 In Losses. Have
had but one assessment. lOo. per $100.00.
J. Y. II. SWIGART, Secretary,
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.
4 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. h
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. E.
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
It secures the government amply, which the Baltimore plan
It relieves the distress of the common people, which the Bal
timore plan does not.
It protects not only note-holders but depositors, who are un
secured now and under the Baltimore plan would be still
worse off. t,
. - In a word, the Baltimore plan is in the interest of the bankers,
the Hill Banking System is in the interest of the people.
Consider them both, and ask your congressman to vote. for the
one you believe in.
And send us 2 Sc. immediately for the book. "Money Found"
has no equal in its line. Address,
Wealth Makers Pub. Co.,
TINGLEY & BURKETT,
Attorney s-at- Law,
1026 O St., Lincoln, Neb. .
OellwtloM mad sad monej remitted tarn day
DE LAVAL CREAM SEPARATORS
Address, for catalogue and particulars.
Or Thi Oc Laval Simhatoh Co..
Emm, 111. TiOortlandt Street, Mew Yortc.
No Fire Insurance accepted
from terrttory covered by local
HOMES IN THE SUNNY SOUTH.
No hot winds, bllnftrds, nor crop failures. 5s
tnral Clover, Timothy and Bine Grass. Fuel
ebesp. Coal II per ton at bank. Dry wood 1.5
per eord delivered. All kinds ol trait that trow
in this latitude. Too will find all the advaa
tages la the country adjacent Calhoun, Henry
county. Mo.. 11 miles irora Clinton, the county
seat; population 1,000. Located on the M. K.
T. K. It. 70 miles southeast Kansas City. We
bars a list ol good farms for sale at from 10 ta
180 per acre. Corn yields from 80 to M per acre,
lax from ( to 18 per acre and other crops la
proportion. We will cheerfully (rire and Informa
tion required. Call on or address.
Bcl EataU Afaata,
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