The Wealth makers of the world. (Lincoln, Nebraska) 1894-1896, October 10, 1895, Page 3, Image 3
October 10, 1893. THE WEALTH MAKERS. 3 WHAT ARE WE COMING TO? Thoan Who Ones Utnonnmd Socialistic Theories Ar Now Vigorously AdToestlng Them. 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 senger. , "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, free schools. "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 ago. 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 good money. 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 Express. 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 to Reason. 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 government" 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 Reason. 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 Mercury. 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. A MARTYR TO INDIGESTION Cared bj Using Ayer'sSarsaparilla Words of Comfort to All who Suffer from Dyspepsia. "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. AyeteSarsaparilla I o o o o o o o o o o o o o Ol Ol ol o ol o o o o o o o o o AAmittad lor Exhibition Ol AT THE WORLD'S FAIR 2 oooooooaoooooooooooooooot SYMPATHY FOR CUBA. Chicago Raises Her Voice for the Cans of Freedom. 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 Fay's comet? 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 are suffering. 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 Agency. 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 vember 1st. Cyclone Season is Here. Purely 'ft. 4 - t (I f t &:r lr.f.m'f, 'Trfe BE $3 for flrrt $ l.OOO, 10c. for each additional $100 In the Cy clone department. Same In Fire department. NEBRASKA MUTUAL 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 O.HULL... Alma Tim txplru tn ISM. SAMUEL LIOHTY... . ....Falls City J. O. NEFF Raymond We. YOUNG Palmyra OFFICERS) 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, Agents Wanted. 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 large revenue. It secures the government amply, which the Baltimore plan does not. 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., Lincoln, Neb. TINGLEY & BURKETT, Attorney s-at- Law, 1026 O St., Lincoln, Neb. . OellwtloM mad sad monej remitted tarn day m collected, DE LAVAL CREAM SEPARATORS Address, for catalogue and particulars. Or Thi Oc Laval Simhatoh Co.. Emm, 111. TiOortlandt Street, Mew Yortc. Mutual.: i V No Fire Insurance accepted from terrttory covered by local company. LINCOLN. NED. 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. BABTUOLBMEW AX.BIOJT, Bcl EataU Afaata, CaJhoajt, Mo.