The Nebraska independent. (Lincoln, Nebraska) 1896-1902, April 09, 1896, Page 4, Image 4
THE NEBRASKA INDEPENDENT April 9, 1896. 555 Nebraska 3n5rpcnbm TVS WEALTH MAKERS and LINCOLN INDEPENDENT. PUBLISHED EVERY THURSDAY TUB IndepEijdBijt Publiphiijg Go. At 1120 M Stmt, LINCOLN, - NEBRASKA. TELEPHONE 538. $1.00 per Year in Advance Address all communications to, and make all traits, money orders, etc., payable to THE INDEPENDENT PCB. CO, Limcoli. Nn. State Committee Meeting. The state central committer ol the people' party 1 hereby called to meet at the Bostwlck Hotel, Halting!, on Friday, April 17. at 2 p. m., for the parpoM of making necessary arrange ment for the election of delegate! to the national convention, and tor the transaction of uch other business si may properly come before the committee. No proiles will be admitted unless n writing and unless those by whom tbey are presented are actual resident of the respective counties which tbey seek to represent. J, A. moEKTOR, Chairman. Frank D. Eager, Secretary. This paper three months for twenty five cents. The last pop kicker has turned up his toes and quit. The Independent joins Brother Snvdor and says: "Amen and amen." In the recent election in Rhode Island the peoples party gained over 100 per cent over the vote of 189a. . Indiana populists have "got a move on them" such as they never had before Thev are holding meetings in almost every county in the state. Don't be too hard on Mark Ilanna's boodle McKinloy campaign. Republi cans don't know how to make a cam paign any other way. The Bell Telephone Co., has just de clared a dividend of $3,000,000. They can't afford to reduce rates. The govern ment should not own the telephones. 1 Peffer wants the bond deal investigated but the Rothschild's ring of banks con trol both a republican congress and a democratic administration and it won't be done. . Wall Street has made good the threat of Bob Toombs to call the roll of slaves under the shadow of Bunker Hill monu ment. It can be done any day now and no one will object. Congress has ho far at the first session appropriated f 500,000,000. It sees the other billion dollar republican crongress and goes it $12,000,000 better. There is no limit in this republican game. Under the Czar Reed rule congress sometimes appropriates a million a miu ute. This occurred the other day when the big annual steal, the river and har bor bill was put through in forty min utes. The Arkansaw Kicker gives notice that it is going to stop its assaults on popu list leaders. We would like to know how much it thinks it has benefited human ity by the tirade it has indulged in for the last few months. Bud Lindsay, the colored ex-saloon keeper was selected as delegate, by the Lancaster county republican convention to the national convention; C.O.Wheedon was the other candidate, but the repub licans preferred the Negro ex-saloon keeper. The republicans seated a counted out populist congressman last week, Mr. Goodwin of Alabama. They gave as an excuse for doing such an unheard of thing that there was no republican can didate in the district and that some re publicans voted for Mr. Goodwin. Our populist friends in some of the southern states have adopted the old habrt which prevailed in Nebraska up until .recently, but now forever aban doned, of quarreling with each other. The Independent gives them a little ad vice. Don't do it. It don't pay. Delegates who attend republican con ventions these days should wear steel helmets if they don't want their skulls cracked. If the New York, Texas and Oregon republican delegates had been so provided they would have come out of those conventions in better shape. John U. P. Thurston has at last made a definite statement of his position on the silver question. In a letter to Mr. R F. Williams, secretary of the republican bimetallic league of Omaha he says: "I think all republicans, whatever their views may be on the money question, should join in the effort to secure repub lican success." There you have it. Who can doubt his loyalty to silver now. It is impossible to make a fight in cities or large towns withont a daily paper Hundreds of voters only know of the ex istenoe of the peoples party through the flings, innuendos, falsehoods and sar casmsthat they see in the goldite dailies.. Nine-tenths of the people of Lincoln be lieve in the principles of the peoples party, especially among the older republicans. Fundamentally, they are the same as those of Abraham Lincoln but the people don't know it. MAXEY COBB,-MlREBE- Maxey Cobb was treasurer of Lancas ter county. It was known that he was short nearly $40,000 in his account- He disappeared from the city and was after wards found dead, near the railroad track southwest of the city. It matters not what the doctors say or what con elusion the coroners jury may come to. Maxey Cobb waa murdered fiendishly murdered bv a band of as heartless villians as ever trod the soil of Ood'i green earth. Maxey Cobb was an amiable, good hearted man and meant to do right, but a lot of villians bank officers, ring politicians, and old trained boodlers murdered him. They would give him check for their taxes, get a receipt then call in and ask him not to cash it for few days. Bank officials got him to de posit money when they knew the deposit would never be returned. Members of the county commitee forced large sums from him on the plea of friendship and the aid they had given in his election and then, when the day of his trouble came, they to a man, deserted him. They are the same gang who, in the last ten years, have robbed the state, county and city of nearly a million dol lars. They have brought lasting dia grace upon the state and now they have added this crowning crime to the list of their villainies. Poor Maxey CobbI No one will speak bitterly of you. and those who were opposed to you politically, will be, be side the weeping wife and near relatives, the only sincere mourners at your grave. The question that remains is: How long will the citizens of this city and state allow this gang of highwaymen to remain in control of municipal and state affairs? There is a fearful day of reckon ing in the near future. THE PARITY DELUSION. Rhodes Journal of Banking calls the Sherman-Carlisle parity scheme an "am iable fiction." It tells how Messrs. Ilam bleton & Co., of Baltimore, took 50 silver dollars to the sub-treasury and demand ed gold and were refused. Then it quotes Carlisle's testimony before the Springer committee, where he said: "We make no distinction between gold and silver at the Treasury department." Then it re marks: "When the Treasury refuses to accept silver for its bonds and refuses to exchange gold for silver, it is certainly making a distinction." It further says: Anybody who has 50 silver dollars or 50,000 silver dollars for that matter, as just as much right to invest them in bonds as in potatoes, and whenever his money is less valuable for that purpose than gold, the parity between the two legal tender coins is only an empty dec laration." With all of that, the Inde pendent agrees, ana commends it to the attention of some of Nebraska's diotic goldites. ABOUT METAI.1C MONEY. If there were no time contracts, 'no fixed charge sto be paid in a certain fixed umber of dollars, such as taxes, interest, transportation rates and salaries, it would make no difference whether we had five dollars or five hundred dollars per capita in circulation. If every ex change of products were made for cash and that cash was immediately paid out again, the volume of the currency would matter little. But when it comes to bor rowing money on the farm, to be paid in two or five years, or issuing bonds pay able in thirty years, it is of vast impor tance. The exchangable value of those bonds can very easily be doubled or halved inthatnumberof yearsby aslight manipulation of the volume of currency. There is not a standard writer on econ omics who does not lay great stress up on this point. While the farmer followed the plow and the merchant was at his desk, not think ing of these things at all, the bankers, money lenders and office holders with fixed salaries, quietly went to work and doubled their salaries and every debt due them. The following is what one of the standard economists says on this subject, bnd all of them without excep tion say the same thing. It will be seen that Prof. Gide takes exactly the same position as the populists, that is, that metallic money, even if we use both gold and silver cau never be made a just and equitable medium of exchange. Prof. Gide says: "In the headlong torrent the slightest increases in volume are manifested by enormous changes of level, but the leve of lake Geneva is only raised in imperl ceptible proportions even by the great est swellings of the Rhone, The same holds with values. Let the corn (grain) crop for one particular year be doubled throughout the whole world. Then, as the stock is likewise doubled, the depre ciation in prices will be terrible. But let the output of gold or silver mines hap pen to double during one year; then as this output does not, at the most, repre sent more than two or three per cent, of the whole existing stock, the effect produced will be trifling. Yet these variations end by being perceptible in the long run; for at the rate of two or three per cent, per annum, the stock would become doubled in twenty-four or thirty-six years. If, then, the precious metals offer substantial enough guaran tees of stability in time, when short periods only are under consideration, it altogether fails in this respect when long periods of time are included, say twenty or twenty-five years, not to speak of several centuries. In this regard, then, our proposed measure of value is ex tremely defective. (Political Economy Gide pp. 77 and 78.) Money is the medium by which such exchanges are made possible. When money is made so scarce that these ex changes are hindered every interest of civilization suffers. Even that of the bondholders, and money lenders and office holders will in the end suffer from it. Editor Independent. UNRELENTING WAR. The news from Washington last week was to the effect that the goldite gang in the democratic party, with Gorman and Brice in the lead, had determined to help carry the national convention 16 to 1 without the consent of anyother nation on earth. Their plan is to entrap the honest silver men in the party and bind them in honor to support the democratic ticket, while they, themselves will cast their votes and donate their influence to giving the gold standard Rothschild gang coatrol of every department of the government, including 'the house.senate supreme court, whitehouse, army and navy, by carrying the whole country for John Sherman and Bill McKinley republicanism. In that event, the goldite leaders in the democratic party would be well taken care of by the republicans. That these men are fiends enough to do that sort of thing is proven by the statement of Gorman and Brice that they will support a free silver candidate if one is nominated at Chicago. The Independent gives notice that no free silver candidate nominated at Chi cago, will get any support from the pop ulist party, no matter who he is, First because if such a candidate could be elected no legislation favor- aDie to an expansion 01 tne currency could be obtained by the party, even if it had a majority in congress and a pres ident in the White House. The moment a bill came up in the house for the free coinage of silver, the eastern members of the party would join the republicans and defeat it. In the second place, every man who goes into such a movement knows, that it iB utterly impossible for any man to be elected president of the United States running on the democratic ticket at the next election, and that the nomin. ation and support of such a ticket, if it be gold standard, is to run two republi cancandidates,and if it is for free silver to divide the sil ver vote so as to let the repub icans win. Every man who stays in either of the old parties is a worker for Roth schilds and the Independent will fight him with all the force it has, even if he is clothed in the spotless robes of a saint and can talk with the tongue of an angel, because no financial legislation for the benefit of the common people can ever be obtained while either one of those parties is in power. We give fair notice. The Independent declares war unrelenting war on any candidate nominated by either the re publican or democratic parties, in state or nation because as long as either of those parties rules, or lives to divide the vote of the common people, there can be no hope of remedial legislation. And it will do this however much it may respect the man for his honesty of purpose. If any of us had believed that we could ob tain the legislation we wanted in either of the old parties, we would not have gone to the expense.anxiety and labor of organizing a new party. The persistency with which a large number of men sat for hours in the Lin coln republican convention voting for a colored saloon keeper as delegate to the national convention makes the heart sick. Is the whole papulation becoming demoralized? The Nebraska Independent is the best advertising medium in Lincoln. The gopher corn ad, published simulta neously in the Journal and Independ ent brought just three times as many customers to the advertiser from the subscribers of the Independent as it did from those of the Journal. The republican convention of Massa chusetts resolved that: "Every promise must be rigidly kept and every obliga tion redeemable in coin must be paid in gold." That is to say: Every promise is to be kept and every promise is to be broken. We promised to pay in coin. That promise must be broken. We never promisd to pay in gold, but that is the thing that must be done. , It is being whispered around Wall street that three or four of the big clearing bouse banks have gotten themselves so loaded up with "gilt edge" securities that they are about to burst, as they can't realize on them. Well, they won't burst. They'll do just as they have always done. They will issue a lot of fiat money, call it "Clearing House Certificates", and pay their debts with it. The Wall street banks think that they are the only power in this country that have a right to issue fiat money. They never fail to do it when they get in a tight place. They will be at it again within a few weeks. When the banks anywhere else do it, Carlisle makes them pay the ten per cent. tax. But the Wall street banks never. In an article printed elsewhere it is shown that the slum vote in both New York and Chicago is more than sixty per cent, of the whole vote. It is all cast for one or the other of the old parties, There are no populist votes in the slum districts. It requires inteligence and ed ucation to make populists. That is why we have so many populists in Nebraska. PROLONGED APPLAUSE. Thomas B. Reed sends ns an old tariff speech which he delivered February 1 1894. The speech does not begin with words of Mr. Reed as it should do. but with a remark of Mr. Crisp of Geor gia. This is the way it begins: The House having onder consideration the bill (H. B. 4864) to reduce taxation, to provide rev enue lor u government and other purposes The SPEAKER. Under the order of the Honse, the bill is now open for debate for three hours, and the chair recognises the gentleman from Maine, (Mr. Reed). Prolonged applause on the floor and in the galleries. This is the way it ends: (Prolonged applause on the floor and In the galleries,) Between these two clauses which are the beginning and ending of the speech we find these classic phrases. Loud ap plause on the republican side. Laugh ter Laughter. Laughter. Laugh ter. Laughter. Applause. Laugh ter. Applause. Laughter. Laugh ter. Applause on the democratic side. Laughter and applause, etc. etc. etc, sprinkled all over the pages. These phrases demonstrate beyond the possi bility of a doubt, that Thomas B. Reed ought to be elected president of the United States of America, but the man who knows how such phrases get in the Congressional Record will laugh and have no reporter to record it and no congres sional printer to print it. ' EVERY FIFTH PERSON A PAUPER, Mr. George C. Bennett, 48 East Tenth street, New York; has just published a valuable monograph entitled "Paupers, Pauperism and Relief Giving." The opening paragraph is as follows: "Of the entire population of the United States an average of one person in every five is at the present time in a public almshouse or other charitable institu tion, or is being assisted by some relief- giving institution. The number of pau pers in almshouses in the United States on the first day of June, 1890, was 73, 045, of whom 40,741 were males and 32,304 females; 66,578 were white, 6,- 418 Negroes,13 Chinese, and 36 Indians. It is a book of "facts," gleaned from the most reliable sources. There are no arguments in it. It is full of indisput able facts and nothing else. "One person in every five is at the present time in a public almshouse or is being assisted by some relief-giving or ganization." Suppose the reader stops and thinks a little over what that means. Every fifth person in the United States a pauper! Every fifth person a pauper in the most productive country on the face of the earth! Every fifth person a pau per and the great daily press constantly telling us what a prosperous and happy people we are! That is what the rule of John Sher man and the Rothschilds bank ring has brought us to. Let it go on for another decade and we will all be paupers except the bond holders. That is the result of legislation based on the theory . of "in trinsic value," over production" and sound money." Is it not time for a change? ALL POPULISTS. Every standard economist in the world is a populist on the fundamental principles of finance. The goldites never attempt to quote an authority, for the reason that there are none to quote. Could any old farmer in Nebraska, state more clearly populist doctrine than it is done in the following paragraph? "Since Boisguil lebert's days.every econ omist has regarded coin with absolute contempt, and has stated it to be a mere commodity like everything else, and even much inferior to any other articles for by itself it is incapable of satisfying any want or of affording us any enjoy ment, and, indeed, is the only thing whose abundance and scarcity can be said to be matters of perfect indifference. If there are few pieces of money in a country, each one will have a greater purchasing power; if there are many, the purchasing power, of each coin will be less." (Political Economy by Chaei.es Gide, Professor of Political Economy, University of Montpelier, France, p 89.) Our distinguished fellow citizen, Mr. Lambertson, does not seem to agree with this. He thinks if there are few pieces of money in a country, each one will have a less purchasing power. If there are many, the purchasing power of each will be greater. That is the doc trine he taught to the students of the State University. One thing strange about his address, considering that he is a lawyer, was that he did not cite any precedents to sustain his position. Of course Professor Gide in another part of his work, showe what a terrible effect is"produced by reducing the num ber of pieces of money, when debts pre viously contracted and enormous fixed charges are to be paid. Wal, Its a marcy we've got folks to tell ns The rights and wrongs o'these niattters, I vow, God sends jackleg lawyers, and other wise fellers, To start the world's;tcam when it gits in a slough For John U. P. Thurston he Says the world'll go right, ef he hollers ont Gee! Lowell brought down to date. The Oregon People's Party Post and Common Sense have been consolidated ler the name of Fortland Times and that infernal row in the party ranks which has been going on in that state for three years seems to have been dropped. One ' or two of the populist papers in tne state have run on the principle that the right thing to do was to flu tneir coi; umns with constant attacks on popu Hat leaders. That will now be stopped. OHIYOU COWARD. When Rothschilds scowls and cracks his whip, down eo trfe free silver republi cans on their knees instantly, and beg for mercy. As an example, look at Pet- tigrew and the Philadelphia merchants There is no coward so contemptable as a political coward. The brave men of old died on the battle field or perished at the stake rather than renounce what they believed to be the truth. But a latter day American freesilver republican who stays in the old party is a coward. A threat of Wall street makes him' shake with terror, and with white lips and chattering teeth he cries out "I recant. recant. Please don't strike me." Oh! you coward! You are not fit to bear the American name. Worth Remembering. The man who cheats bis paper Ont of a single cent, Will never reach that heavenly land Where old Elijah wentl But when at last his race Is run This lire of toll and woe He'll straightway go to the flery land Where they never shovel snow. The republcans seem inclined to make 1 platform for protection and reciprocity bimetallism and parity. That is to say. it will be for protection and free trade. for bimetallism and the singlegold stand ard. A man who writes on the monev Ques tion and uses the phrase "double stand ard" shows that he knowsnothingabout the subject. He might just as well say that the merchant had a double stand ard of measure, because some of his clerks used a wooden yard stick and others one of steel, In the city election last Tuesday the populists in a straight fight with the re publicans carried the city of O'Neil, electing everything from mayor down As the republicans have always ruled the roost there and insisted on making it a regular McKinley fight, this victor has a great significance. The prospects now are that the defal cation of the last republican county treasurer will reach $60,000. It is known to be more than $48,000. The republican who preceded him also de faulted for nearly $40,000, and stil there are enough church people and bus iness men to vote with Bud Lindsoy and the bums to keep that party in power in this county. The insurance policies carried on Omaha building ' and merchandise amounts to $80,000,000. The whole of the property of Omaha is assessed at only $2,000,000. If a pop editor should remark that under those' circumstances it was evident that there was a fraud either in the amount of insurance written, or in the assessment, would it be a sign that he had wheels in his head? All the wealth in the United States in 1890 only amounted to about $1,000 per capita. Was that too much? Was there overproduction of wealth? With all the hard work and improvements in machinery we had only been able to in crease it but a very little in the ten years since 1880. Did that little in crease of wealth bring those great dis asters upon us? If we have so much misery wfth $1,000 per capita, what awful condition would we be in if we should increase it to $2,000 per capita? Oh! ye goldite editors was there ever anything like you on the face of the earth before? In both the republican state conven tions of New York and Texas the police had to be called in to quell the fighting. This is what "the party of great moral ideas" has come to in these days of the gold standard. The following is a de scription of one little scene in the New York convention: "Suddenly from the midst of a tumbling crowd the bald headed man from Brooklyn fought him self free. He seized the fallen McKinley banner and waved it triumphantly again. His supporters redoubled their cheers, and their opponents howled with rage. A heavy cane was laid across his head, and again the banner fell. The police, led by Inspector Cortright, threw friends and foes right and left. Seats and chairs were smashed, men kicked and yelled aud swore." Postponed the Conventions. All the states so far as heard from, ex cept Oregon, Louisiana, Arkansas, Ala bama and South Dakota, have postponed their nominating conventions until after the national convention. Also, all con gressional nominating conventions' with the exception of four or five, have been postponed until after the national con vention, and two ot tnese wnicn nave nominated regret this now, as they see that it would be more expedient if they would have postponed their nominating convention untill after July 22. Wisconsin Populists, The people's party club of Oskosh, Wis., after reaffirming our declarations for fi nancial reform, adopted this resolution: The railroads of the country having reached a period in their history when it is possible lor them to assume tne role of dictator instead of continuing to render service as public servants, should be placed under a system of rigid con trol. We favor government ownership of these public highways, and as a method 01 education upon this .subject, that it may be made plain that public control is possible and practicable, we demand that the government forclose the mortgage neia Dy 11 against tne Union Pacific railroad, and that the same shall be conducted as a public enter prise in tne interest 01 me people. A Strang Claim. "The Humphrey Herald has no cv" scientious scruples about cribbing frit its exchanges." Leigh World. NeiULV, have a great many other editors in Nebraska, and the strangest part of it is the tbey all claim to be honest men. A Bunco Bill. Numerous petitions against the pass age of the Loud bill, which attempts to deprive the people of reform books and I newspapers, were presented in both sen- I ate and house. Loud is working hard ' to secure the passage of that infamous measure that he may deliver the prom ised goods to the bunco men of Wall street, but the bill cannot pass the sen- -ate. ' A John Sherman Medal. Senator Sherman has secured the pas sage of a joint resolution authorizing Benjamin Harrison to accept certain j medals presented to bim by the govern ments of Brazil and Spain during the" term of his service as president of the United States. John Sherman ought to wear a medal himself, with the head of Rothschild on it and the words: "Io grateful recognition of Senator Sher man's services to the house of Roth schild. Silver Knight. Business in Mexico is Booming. Cotton mill dividends of 40 and 5. percent, are reported, indicating thatV, notwithstanding the largely increased f importation of cotton textiles the native mills are prospering. Coffee lands on . the west coast are rapidly rising: in price. some of the best lands commanding $I0tjY per acre in silver against trom $4 to $ HJ on the Gulf Coast. Large investment are being made in country lands by Americans. Chicago Daily News. m See Them Fight. Houston, Tex., April 4. Ever since the democratic executive committee met at Austin, the chairman of the silver wing and of the "sound monev" wine have been issuing pronuueiamontos, tyhich tend to materially widen the breach. It means that the Dartv is badly split on the money question and unless a miracle happens (there will be a fratricidal struggle among the demo crats of Texas in the present state and national campaign. What the Workers Did The following parties sent in a club - list last week: J. F. Kimberling Franklin, 5. , J. S. I reeman Columbus, 2. N. H. Nye Pender, 1. John A. Goranson, West Point, 3. W. H. Woodruff Stanton, 2. E. E. Rosser, Quinton, 4. R. F. Webster, Weston, 4. A New Kind of Stuff". In modern times a new kind of stuff has been employed to a gigantic extent to fill the channel of circulation and that is 1 credit. Thus the whole quantity cuftrfL -A which fillls the channel of circulation is- 1 composed of gold, silver, copper and ' credit, andprices of commodities are es- ''1 timated according to the . aggregate of J all these different kinds of stuff, and not according to any single one. Elements of Jiiconomics, Macleod, p. 192. Indiana Populists. The populists of the 9th congressional district held their convention at the Columbia opera house in Frankfort, Ind., on Thursday. March 26, and each county of the district was well represented, both by delegates and mends. After a careful review of the situation as to the best policy to pursue, it wa decided that the best interest of th party would be served by postponim the nomination of a congressional can didate until later in the season. Mr. A. P. Hanna and Miss Sara Han- na were continued as chairman and sec- etary of the congressional committee. The populists polled a big vote in that district two years ago, and will carry it this time. A Free Silver Club. Normal, Neb., March 6, 1896. Editok Independent: On the evening of March 31. Prof. G. H. Walters spoke on the subject of finance to an enthus iastic and appreciative audience after which some thirty-five of the young men organized a society to be known as the Free Silver club. Under the effi cient leadership of Chairman Walter! and Secretary Prof. Backus we expect tolplax, f an important part in the freeing aigkf&p S nuu uuuvei wug iuib uhhuiuiiou into Jo, happy and prosperous land. Barton W. Flowers. I Senator Tillman's Idea. Senator Tillman, whom all the anti- gold-bug public are so eager to hear, has been expressing himself in a South Caro lina paper as follows: "The differences in the democratic party are as irreconcilable now as they were In 1860. The strug gle then was for the extension of slavery in tne lerritories. isow the issue is, whether money or the neoDle. shall rule. As I see it, the convention is bound to split again when it meets. No fair deal ing can be expected from the men who foisted on us the silver plank in the lastr' national piattorm. ao fair dealing call be expected from the men who defeatefd Hardin in Kentiu-kv lust fall cn.i h.JL just prevented the election of Blackburn. A 1 11 11 . . - Any siraume win cause the populists and silver men to sweep the south and west, and the democratic party willl only be a name and become a third party." Pensions for the Militia. The Republican turns loose the whole editorial page for Hainer, frantically protesting that it would be madess to think of turning him down and heads the whole with the following ad captan. dum argument: "Congressman E. J. Hainer is working to secure a pension for worthy disoled memDers ot tne state militia." :0 promise to Cetneilfiionsfnr fnml.nra business men, mechanics or laboirers. 'PI. A 1. t 11 . j.uey are me ieuows wno pay pensitons. II there IS anvthinornn pnrth that- restore confidence, make times good an4 uie peopie 01 tne lourth congressional district happy it would be, an invoice of i-eiuueers, a lew endowed colleges to give instructions in forestrv. And a. littoral system of pensioning the state militia uuiuiiion county itegister. v.