T
Aug. 13, 1896.
THE NEBRASKA INDEPENDENT.
STUDYING ECONOMICS.
eople Puzzled over the Phrases "Stand
ard Money" and "Unit of Value "
Tmrnrnnn Veh Ann. 1 ISflfi
Lditob Independent: In the last is-
Anerican silver dollar Is standard
money of the United States." Some of
our people are declaring that you are
mistaken in this. They assert that it is
of standard weight and fineness, but
that it is not the standard of value the
' monetary unit. They ask what the re
publican party means by declaring that
- the present gold standard must be main
tained, if as you say, the silver dollar is
the standard. They call attention to
' that clause ' of the act of February 12,
1878 which says: "That the gold coins
of the United States shall be a one dol
lar piece which at the standard weight
of twenty-five and eight tenths grains
y shall be the unit of value," and ask if it
does not repeal that portion of the law
of 1792 by virtue of which the silver dol
lar was the standard. They say that it
is of the very essence of their complaint,
that though they receive pay for their
products in other forms of money, yet
the value of the same is measured by
Sbylock's golden units. And finally they
ask, "Is not this the battle of the stand
ards?" Upon this question our people
look to the Independent for more light.
William M. Walters.
; answer. '
Gold is standard money and silver dol
lars are standard money, that is, both
are money of final redemption. They
pay a debt. The creditor must take
either in satisfaction of his claim ang
discharge the debtor, if the debt is not
specifically made payable in gold coin in
the written contract. The "standard of
value" as it is called, is another thing al
together. In newspaper writing and in
political platforms the term "gold stand
ard" is constantly used, but no nation
COMRADES.
in the world is really on the gold stand
ard, not even England. An absolute
gold standard would mean the destruc
tion of all other money and the use of
gold alone.
Scientifically there is no such thing as
a ."standard of value" and can not be.
Value is the estimation men place upon
things, what in their minds they think
they are worth. Value is an idea. If
V"1 want to "'rive at the value ' a
7 Thing, there is no standard to measure
it by. If value may be said to be mea
ured at all it is measured with
brains and not with gold. You can take
a yard stick and measure the "length"
of a bolt, of cloth but you cannot
take a piece of gold and measure its
"value" with it.
The arriving at the "value" is a men
tal operation. You examine the cloth,
look at its texture and "estimate" the
value.
Neither is there or can there beany
such thing as "a unit of value." How
many units are there in an idea? How
many ideas make a gold dollar?
Value is an idea or estimation. How
can you divide it into units?
The situation would not be changed
1 one whit if a law should be passed to
morrow declaring that the silver dollar
was the "unit of value." The moment,
however, the United States began to
coin "more" dollars, the situation would
change, and just in proportion as mo re
dollars were made, the dollar would grow
cheaper and the products of farm and
fifitory would rise in price You might
declare by law that the silver dollar was
the "unit of value" or that the gold dol
lar was the unit, or that there was no
V unit of value at all, and itwouiueneci
V nothing. More legal tender dollars win
and is the only thing that will produce
or effect for good. There is "a unit of
aocouut" but a unit of value never.-ED-
itob Independent.
Eipans Tabules: pleasant laxative.
ConvvnHon Note.
Hon. A. II. Weir, temporary chair
man, made a hit when he declared that
he would rather be one of the populist
anarchists described by Bishop Newman
than to be in the place of the notorious
Methodist church official.
Chairman Gaffin's rulings were char
acterized by firmness and fairness.
Governor Holcomb talked an hour
and a half and the delegates listened
with wrapt attention. All were glad to
hear from bis Excellency and to know
more about thesquirmings of republican
state officials who have found that he
has an eagle eye to watch them when
they take to dark and devious ways.
Senator Allen sat with his Madison
delegation but when the delegates wanted
his advice he had to come to the front.
Uncle Jake Wolf is in the fight to win
and be will have the distinction of suc
ceeding in office the most venemous re
publican partisan ,and unconscionable
official who has ever yet occupied an
office at the state house.
Frank B. Hibbard of Irvington is one
of the original pops. lie wanted the
nomination for land commissioner, but
you can bet your last cent no man will
give Uncle Jake Wolf more loyal sup
port than he.
Douglas county is to be congratulated
on the personnel of its delegation which
was a decided improvement on some
which have been sent to the populist
state conventions. It furnished the con
vention with some of its best workers.
Every delegate went home with the
highest regards for Elmer Thomas of
Omaha, and Sorenberg of Saunders.
These gentlemen were leading candidates
with Captain Ashby of Beatrice for the
nomination for attorney-general, but
generously withdrew in order to leave a
place for the free silver allies to fill. The
free silver democrats wilK loyally sup
port the populist nominees and deserved
consideration.
The mutual insurance people will see
to it that a man who cannot be con
trolled in the interest of the old line com
bine is elected state auditor. That man
is John F. Cornell of Auburn.
;
New York News.
0. Nelson, of Schuyler, gave Cornell a
close fight for the nomination for audit
or. Nelson is one of the wheel horses of
Nebraska populism.
0. C. Weesner of Hastings developed
great strength in his candidacy for sec
retary of state and should not feel dis
couraged because he was defeated by
Porter . of Merrick, who is a familiar
figure in populist conventions. Weesner
is a tireless worker and made a host of
friends by his candidacy.
Porter, of Merrick, will relieve the sec
retary of state's - office of a small bore
politician, and the reform press will get
the publication notices next time, too.
The record of W. A. Meserve of Red
Willow county in straightening out the
county's financial troubles shows him to
be an honest man of pronounced ability
and fearless in the discharge of his duty.
When lie steps into the state treasurer's
office next January the cash must be
counted out and deposit slips will not be
received in lieu thereof. The school fund
will be invested and the state's surplus
cash placed in state depositories and not
placed in the custody of favorite banker
politicians. His old soldier friends will
take care of Meserve.
The populist party has no more val
iant member, no more noble supporter
and friend than Peter Ebbeson of How
ard county. Such men add strength to
the reform movement.
Mayor Evans, of Hastings, sounded a
popular chord in his address of welcome
when he lauded the administration of
Governor Holcomb.
The asylum for incurable insane near
Hastings, was visited by many delegates
who received there a practical impres
sion of the benefits of populist manage
ment of state affairs. Superintendent
Dammerell, ably assisted by Dr. Steele
and Steward Scott has very materially
decreased the per capita cost of main
tainance at the asylum yet, at the same
time the food and treatment of patients
has been better than under republican
rule. ,
Professor Jackson is popular among
the school teachers all over the state.
Id clubs often or more campaign
subscriptions 10c each. No com
mission allowed.
Dr. Sims gives special attention to ar
tificial teeth, crown and bridge work.
Burr Bl'k. 14.
NATIONAL TICKET.
For President,
WILLIAM JENNINGS BRYAN,
of Nebraska.
For Vice-President.
THOMAS E. WATSON,
of Georgia.
STATE TICKET.
For Governor.............Silas A Holcomb
For Lieut. Governor J E Harris
For Secretary of State W F Porter
For Acl'tor Pub. Accts.........J F Cornell
For Land Commissioner..... J V Wolfe
For State Treasurer... J B Meserve
For State Supt....... W R Jackson
For Judge, long term Wm. Keville
For Judge, short term...John Kilpatrick
For Regent A A Monroe
The above is a ticket which commends
itself without argument from others, to
every honest, patriotic citizen of Nebras
ka. Not one word can be truthfully
said against the private character, per
sonal probity or the daily life of any one
of them.
Governor Holcomb, in his public and
official career, is known and approved
of by all men. Even such a vigorous
and unscrupulous foe as the republican
party cannot and does not assail his ad
ministration of public affairs. It is a
common saying, everywhere accepted as
true, that Governor Holcomb has made
the best governor Nebraska ever had.
The nominee for Lieutenant Governor
is a farmer of wide intelligence and much
experience in public affairs, who has in
every position of trust in which he has
been placed, proved honest and true.
He is respected by all who know him.
W. F. Porter, the nominee for secre
tary of state, is also a farmer widely
known throughout the state as an earn
est worker in all causes which have in
view the upbuilding of Nebraska and the
prosperity of the people.
For auditor of public accounts Mr. J.
D. Cornell is preeminently fitted. He is
a man of unswerving honesty and up
rightness, of long residence in the state
and every way qualified to perform the
duties of the office. He is deeply inter
ested in all forms of mutual and fra
ternal insurance, both fire and life, and
when elected will be a friend and not an
enemy of these companies.
Everyone in Nebraska knows J. V
Wolfe. Perhaps no man in the state has
spent more time and money to induce
the people to study and understand the
cause of the present distress among all
classes of our citizens than J. V. Wolfe.
Years ago he came to Nebraska, settled
on a farm and has staid there ever since.
No man has more personal friends whom
he has won by his genial good Dature
and manly uprightness. As commis
sioner of lands and public buildings, he
will make a faithful and efficient officer.
J. B. Meserve, the candidate for state
treasurer is just the sort of a man that
the state of Nebraska needs at the pres
ent time to take charge of that import
ant office. He was appointed county
treasurer of Red Willow county against
his wish, but took charge of the office
and soon brought order out of confu
sion. He was afterward elected treasurer
and has so managed the finances of that
far western county, notwithstanding
droughts and hot winds, that warrants
of Red Willow county are today at par.
Mr. Meserve is also a farmer.
For State Superintendent of Public
schools, the convention nominated W.
R. Jackson, who has long been in the
school work, and was so well thought of
that Governor Holcomb named him as
one of the trustees of the Peru Normal
school.
No one will doubt the eminent fitness
of Judge Wm. Neville for the position of
one of the judges of the supreme court.
He is a lawyer of wide practice and em
inent learning, and hs previous exper
ience as a judge fully qualifies him for the
responsible position.
The convention did a wise thing when
it resolved to give some recognition to
the very large number of new recruits
who have recently bolted the republican
party and united with us in the support
of W. J. Bryan for president. This rec
ognition fell upon John Kirkpatrick, a
lawyer of high standing, practicing in
all the courts at the state capital. He
was nominated for judge of the supreme
court for the short term.
No nomination for Attorney General
was made and the place was left vacant
to be filled by the state central commit
tee. .
Populists should pay more attention
than heretofore to the office of Regent of
the University. It is not only just and
right that the University should be con
ducted in the interest of all the people
but that the true and scientific princi
ples of political economy should be
taught to theyoung people who are
there educated. Mr. A. A. Monroe who
was nominated for regent is well quali
fied to fill the position and should re
ceive every vote cast for the head of the
ticket. '
Farmer's Congress.
Albion, Neb., August 3, 1896,
Editor Independent: Some time ago
I wrote you about the Farmers Com
mercial company organized in this
county, (Boone) with eighty members.
To us it looks strange that every county
in the state would nor organize imme
diately. We are going to have our first
state meeting in September and wish
each county in the state could be repre
sented. The average man is all absorbed
in politics at present but we must re
member that even after election we will
have our farms to run and our produce
to market. Of coarse we pops expect to
elect Bryan and expect better tunes in
that event, but be this as it may the cor
porations syndicates will continue to ex
ist and unless we are properly organized
we stand a very poor show. There is no
good reason why the farmers should not
organize to demand their price for their
products the same as coal dealers, oil
men and even the grain men who tell
you what they will give you. What an
outrage! Raise a crop and let the other
fellow price it for you and he price it be
low cost. Let some man of grit and
enterprise who sees this article writ S.
M. Cook, Hartwell, Nebraska, and learn
bow to organize your county. By all
means get in it for our September meet
jng. If you can't get the county oran
ized by that time, then come anyhow
and we will talk face to face with you.
This must and will win.
" D. J. POYKTER.
Resolutions on the Death or Henry T.
Johnson
At a meeting of the Dorcas society of
Denton, Nebraska, held July 7, 1890,
the following resolutions were adopted.
Whereas, we are called to mourn the
death of our friend and member of our
society, Henry T. Johnson of Rokeby,
Nebraska, and
Whereas, in our intercourse our de
ceased friend by his uniform kindness
and strict integrity has won our esteem.
Therefore, be it
Resolved, that we as members of Dor
cas society have lost a friend and well
wisher. And while we bow in humble
submission to the decree of an all-wise
providence, we would not withhold the
expression of deep regret we feel.
Resolved that we offer the kindest con
solation and sympathy to the family of
our deceased friend in their bereavement.
Their loss is his eternal gain.
Resolved that a copy of these resolu
tions be sent to his family, also, pub
lished in the Lincoln News and Indepe
ndent. . .
Mrs. Morris,
Miss Hattie Marshall,
Mrs. Olney.
1 Com.
They Could do It.
The reason why the free and unlimited
coinage of silver at the ratio of 1C to 1
in 1896 or 1897 would not restore the
market value of silver dollars to a
premium of three cents or even to par is
because all the national legislatures and
parliaments on earth are impotent to re
store theconditions of 1873. They could
no more make an ounce of silver worth
f 1.82 cents now than they could make
a sewing machine that is selling now for
$25 worth $90, or the price for which it
sold in 1873. Omaha Bee.
Well, they could make a sowing ma
chine worth $95 just as easy as they now
make it worth $25. "The legislatures
and parliments of earth" could issue full
legal tender standard money in sufficent
quantity to make a sewing machine
worth $500, and one with common sense
knows they could.
Nearly all for Bryan.
Brock, Neb.. July 31, 1896.
Editor Independent: In coming here
yesterday in a wagon with my friend,
Wm. Hawley, we found on the road, by
interviewing the farmers we met or we
passed, that out of forty-nine so inter,
viewed forty-one were for Bryan and
eight for McKinley. This is solid fact
and Mr. Hawley or ray son will verify
my record. This is a good index of the
feeling among the farmers. In the towns
of Cnadilla and Syracuse the merchants
told us that Bryan would carry the
towns by a good majority. In one
threshing outfit of twenty-seven men, all
were for liryan except one. In a German
precinct of Otoe county, an intelligent
German told us that a large majority
of Germans were for Bryan and so it
goes, a whirlwind and tornado for the
McKinleyites. W. F. Wright.
Will Kill Bryan if Elected,
Editor Independent: I have been in
formed that I made a mistake in accus
ing one II. W. Russell as agent of the
St. Paul Dispatch of using the following
language towit: "We will kill W. J.
Bryan if elected, we will beat you for
vice-president and we will have the pres
ident after al," set up in your paper
of August 6, 1896. It seems that this
should be charged to the Minneapolis
Journal's agent instead of the Dispatch.
I am glad to make this correction. . I do
not wish to make any false statement or
to accuse any person or corporation
wrongfully. It is bad enough to tell the
truth on them, the gold bugs. The per
son that used said language was Charles
H. Knapp, agent for the Minneapolis
Journal, so we will take it back as to the
Dispatch and charge it up to the Jour
nal, I. N. Harbaugii.
At It Again.
Tho railroads have already begun
their work of intimidation in the inter
est of McKinley. One of the Gould lines
is sending out circulars to all employes
demanding that they express their pref
erence on the questions of coinage. No
purpose is indicated in the circular, but
it so clear that those who run may read.
- One Honest Man
Dear Editor: Please inform your read
ers that if written to confidentially, I
will mail in a sealed letter the plan pur
sued by which I was permanently restored
to health and manly vigor, after years
of suffering from Nervous Weakness, Loss
of Manhood, Lack of Confidence, etc. I
have no scheme to extort money from
any one whomsoever. 1 was robbed and
swindled by quacks until I nearly lost
faith in mankind, but, thank heaven, I
am now well, vigorous and strong, and
anxious to make this certain means of
cure known to all. Having nothing to
sell or send C.O.I-)., I want no money.
Address Jas. A. Harris, Box 825, Delray,
Mich.
Hasting Old Soldier.
Mr. Dalby, a veteran of the late war
and one of the leading business men of
Hasting has been canvassing among his
republican friends in that town getting
up a Bryan club. He takes only those
who have always been republicans, and
already has a list signed by forty-two.
STATE CENTRAL COMMITTEE.
Officers. Idenbers and Executive Committee
of the Peoples Party of Nebraska.
TiaroiuRT omcBits.
Chairman Captain P. H. Barry.
Secretary Frank li. Eager,
Troacorer Austin 11. Weir
STATE EXPCPTIVE COMMITTEE. -First
Dlstrlet-C. W. Hoxle. Lincoln.
Second District A. J. Wiiilatna. Irvlnrrtoa.
Third District Warwick Saunders, Colombo.
Fourth District F. M, Howard; Aurora,
Filth District I. A. Sheridan. Indiaiola.
Sixth District P. U. Barry, Lincoln.
COUNTY COMMITTEEMEN.
County Name Postofflce
Adams J. T. Steel..., Hasting .
Antelope J. D, Hatfield Neiligb
Banner........ ,
Blaine W. K. Brewster Brewster
Boone W. A. Poynter Albion
Box Botte G, M, Sullivan.... ..Alliance
Boyd
Brown........
Buffalo , E. Wyman...; Nhelt'on
Burt ..E. W. Peterson Tekaaiah
Butler... Thos. Welch David Citv
Cass Jsa P. Rouss... alvo
Cotlar John H. Pelber Hartli.gton
Chnse ....Otto r'llesbach Imperial
Cherry 0. P.' Crabb........ Valentine
Cheyenne
Clay Henry Beutln Haroa villa
Collax John C. Sprecher..,,Bubuylttr
Cuming..,. ,.
Custer John Holland Broken Bow
Dakota ,. , ,,,,,
Dawes J.J.Adams Crawford
Dawson ..J. H. Donahue. .....Lexington
Deuel.,
Dixon Warner Starr. Allen
Dodge k. D, Keller. Fremont
Douglas A. J. Williams Irvington
Dundy L. E. Walker.... ....Bsnxleman
Fillmore; O.D.Wilson Geneva
Frauklln Jams Thompson... Blooinington
Frontier D, L. Melt ride Cnrtls
Furnas W. J. McKsnnan,... Arapaho
Gage W. A. Wagner.... ..Beatrice ;
Garfield T, 0. Hem met Burwell
Uosper 8. B. Yeoman Elm wood
Grant
Greeley ...P. II. Barry Greelev
Hall E. E. Shuinan Grand Island
Hamilton. F. M. Howard.... ..Aurora
Harlan Theo Mann Alma
Hayes J. B. Hammond.. .. Hayes Cent'r
Hitchcock O, W. Carter........ Dlk
Holt G. A. MeCutcheon..O'NU
Hooker , ,,,
Howard ...C. Bradley St. Paul
Jefferson. ....... Thad Williams Fairbury
Johnson W. G. Swan Tscumseh
Kearney E. 0, Smead Kearney.
Melth J. W. Sheridan Ogallala
Keya Paha.... H, Malay.... HpringValley
Kimball
Knox C. C. Crocket Niobrara
Lancaster. C, W. Hoxle Lincoln
Lincoln T. T.Kllllher North Piatt
Logan.. W. A, Mansfield Gondy
Loup F. A. Wlrslg Taylor
Madison Joe Martin Madison
McPherson
Merrick W, F. Porter Clarks
Nance W. P. Hat ten Fullerton
Nemaha S. P. Robertson... ..Brock
Nuckolls.... ...D. Gross Nelson
Otoe ,. W.F. Moran Nebr. City
Pawnee
Perkins.. C.P.Logan ....Grant
Phelpa A. J. B hater Holdredg
Pierce R. A. Towner Pierce
Platte.......... Warwick Saunders. .Columbus
Polk Keen Lndden...,. ...Osceola
Red Willow....!. A. Sheridan Indianola
Richardson.... J, M, Whittaker.. ..Falls City
HOCK
Saline., W. H. Stout ...DeWItt
Sarpy J. A, Wlnrlght Gretna
Saunders , P, B, Olsoa. Wahoo
Scott's Bluff ,
Seward..,. ...,M. A. Courtrlght... .Seward
Sheridan ......Stephen Larabee....Rueklns
Sherman H. M, Matthew Loup City
Slonx
Stanton W. H. Woodruff.... Stanton
Thayer F. S. Mickey. .......Hebron
Thomas
Thnrston
Valley C. A. Munn ...Ord
Washington. ...C. A. Whitfield Arlington
Wayne
Webster J. H. Walsh Bed Cloud
Wheeler... R. H. Sbafland Bartlett
fork Wm, Kremsor..., ..York
Jk & 'mm m ' T J!
Retail Lumber at w.r m:?rr fl
Whnlpcalp PrirpQ A. L. PATRICK LUMBER 7
; wnoiesdie nices. 00MPANY, Omaha, Nebr. !
i We will make you prices on your bills DELIVERED at your station. i
Ml
WATCHES.
aojj vweb.. ,!, ,35, , pjc. j; flgj,,; vValthani.' Hamp'
Silverme wpebJpre:?nuadie8, watche6tOn, 311(1 SpNIlgf IGl Cl S
These prices have been cut for the special occasion of the
Soldiers' Reunion. Be sure and see the goods
before buying elsewhere:
033 O STREET
SSowtli oFPostoillce
mm
wmk j?"; ventre
Sixteenth and Douglas streets, Omaha, Nebraska.
The oldest, largest and besf College of its kind today, west of
Chicago. It provides instruction in the following branches:
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hand, Typewriting, Telegraphy and Pen Art.
Fflll TSMI Opens September i. Students should begin then
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you want a place.
QgfglQg Free to any address; also specimens of penman
ship. Address, Rohrbough Bros, Omaha, Neb.
3D3SKTTIBT 2
0. P. LftMBRTSON, D.D.S.
l$20-5 O STREET, LINCOLNi
Roothh St to 84, Inoliiiwive.
Artificial teeth on gold and rubber plates.
Gold and. porcelain crowns. ,
Satisfaction
President Ciarfleld Favored Tree Mirer.
The following language used by Gen
eral James A. Garfield ou the floor of
congress when a member of that body
shows clearly that he favored the free
coinage of silver and considered it the
policy of the republican party at that
time. Since the republican party has
deserted its principles wo ask oar repub
lican friends which it is better to no-
port, the principles or the party.
"Krery ma who la opposed to the use of silver
coin as a part of the leiral currency of the soaa
try, I disagree with. Every man who is opposed
to the actual legal ns of both metals, I disagree
with. I woold endow the two metals with equal
ity and make the coinage free."
10 campaign subscriptions (1.00.
Send In youi- orders.
Missouri PopnliaU.
In the address reported by the com
mittee ou resolutions and passed by the
stale convention of the peoples party in
Missouri is tne following declaration:
"We no offer to all voters and parties
of our state an honorable alliance for
the campaign by a union of forces on na
tional electors on any basis that is fair.
just and legal." In the same report the
state committee was given full plenary
powers to decide what basis of union
was fair, just and lea-al. A. Rozelle was
re elected state chairman and M. V. Car
rol!, of Lamar, was chosen secretary of
the state committee. '
Dawson County for Bryan.
At ljexington in Dawson county, the
home of Jack McColl, the republican
candidate for governor, tht Bryan men
have organized a Bryan club. It started
out with 204 members. There are sev
eral additional lists not yet reported to
the club. The president of the club, Mr.
F. Zimraer was a union soldier and be
fore has always supported the republi
can ticket. Mr. J, L. McMinn, the secre
tary has been deputy county clerk tinder
a republican county treasurer. The re
publican ex-sheriff of the county, an old
soldier of influence is also a Bryan man.
A conservative ' estimate indicates that
at least 800 republicans in Dawson
county have signed for Bryan.
KlGa3
Are the Telegraph System of the body, extending
from the brain to every part of the system.
Nerves are leA Dy tuo Dlooa. nd are there
fore, like it weak and tired it the
blood Is thin, pale, Impure
Nerve &re strong and steady, there Is no
neuralgia, brain Is unclouded If the
blood is rich, red and pure.
Nerves find a true friend in Hood's Sarsapa
rilla, because It makes rich, red blood,
gives good appetite and digestion.
Kl
Garsaparilla
Is the One True Blood Purifier. All druggists. $L
j, r.i cure all Liver Ills and
riOOU S PUIS Sick Headache. 25 cents.
a. . . J I 1 1 A A. f
II UNREDEEMED
GOLD AND SILVER
M. POLSKY
COttSOUUiTtoZ'ill't''
Onaranteed. I
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