The Nebraska independent. (Lincoln, Nebraska) 1896-1902, August 20, 1896, Image 1
itofalta Hi The Wealth Makers and Lincoln Independent Consolidated, VOL. VIII. LINCOLN, NEBR., THURSDAY, Aug. 20, 1896. NO.ln. Y STATE FAIR AND CARNIVAL Preparations to Make Both the Greatest Ever Held Going Rapidly Forward. The Knights of Ak-Sar-Ben Isue an Of flcial Program of the Festivities for the Week. Omaha will be in gala attire during the week of the state fair. All the indications now are that the number of people attending will be far greater than one year ago, and it is an assured fact that the state fair will be the largest and best ever held in the state, and that the attendant festivities will surpass anything of the kind ever seen in the northwest. W. D. Mann of Woodlawn, who for the past twelve years has had charge;; of work on the grounds for the state board of agriculture, arrived early in the week and at once set a force of men at work building additional accommoda tions for live stock and making other improvements. The force will be largely increased this week and kept busy until the fair opens. The Omaha people will also be out in full force tomorrow and for the next two weeks doing their share of the work. Among the improvements which will be appreciated by visitors and not already noticed will be those in the arrangements for furnishing meals. They will be much better than last year and at any time of day, and without a long wait, meals and lunches can be ob tained at small cost. A new office, that of water superintendent, has been cre ated by the board, and the numerous ice water tanks will be kept filled all the time. Commissioner Utt of the commercial club is now in communication with the railroads and is confident of having them extend the half fare rate to all points within 200 miles of Omaha. The state board has as usual obtained half fare rates from all points in the state, and by getting the concession asked for, the same rate will apply to a large number of cities and towns in Iowa, South Da kota and Kansas.' With the combined '-.attractions of the state fair and carnival under the direction of the Knights of Ak-Sar-Ben many thousands of visitors from the three states named areexpected. From letters received it can also be stated that a large number of visitors from other states, both east and west will be here. CARNIVAL PREPARATIONS. The work of preparing for the carnival of the Knights of Ak-Sar-Ben has been v"going on steadily but quietly since the middle of January, while the planning for it commenced almost immediately after the close of the last carnival. But of all this only those who have become nf fho mvHt.ic order know any thing. Those on the outside must, uutil the carnival itself comes, rest content with the assurance that the parades, the grand ball and the other features will far surpass those 01 last year, aub Lnnin that nil the promises made by Samson, the lord high chancellor, were carried out last year, ana as ne nas ai his command this year many more loyal ".. . i 1 1 n 1 1 and enthusiastic subjects 01 An-oar-ueu Tiia nrrwnioua fnp thin vfinr deserve credit. During the year a large number of prominent men from the different cities and towns of JNebrasta, ana aiso a num from other states have been received into the order and today Ak-Sar-Ben has loyal subjects from the Atlantic to tne raciuc. ILLUMINATING THE CITY. The preparations for illuminating the : atppota Ami mi 1)1 in buildings have been going on rapidly for the last ten days. There will be 1,000 more electric lights than last year, not countiug tne adai-x-Jrional liirhts provided by individuals. une illumination ui iue umj uu.u i.uib year will be magnificent and the same can be said of a large number of office buildings and business blocks. The dec orations will also be more extensive than a year ago. The following program has been pre pared and will be sent out this week Monday, August 31. Opening day of state fair. Arrival of visitors. Omaha illuminated in honor of its guests. In formal receptions. Merrymaking on the streets and special attractions at all places of amusement. . Tuesday, September 1. Grand mill tary and civic parade, headed by the Twenty-second regiment, L. S. A., and band from tort Urook, with militia or ganizations from Omaha and neighbor ing cities, and all the great social and secret organizations of the vicinity. A parade that will take two hours in pass ing. Wednesday, September 2. Parade of beautiful floats sent in to represent counties of Nebraska in competition for the $500 offered in prizes by the Knights of Ak-Sar-lien, and headed by famous bands from different parts of the state. Illuminations and fire works. The knights' parade. Thursday, September 2. Great mystic parade of the knights of Ak-Sar-Ben, celebrating the feast of Olympia. Twenty gorgeous floats in line, representing various classical-divin-ities and carrying out with absolute fidelity the story of the feast. Mounted Grecian soldiers will accompany each car as it rolls along, and a radiance of light be shed on all by the royal torchbearers and the bearers of red fire. The muni- ,n cipality has again arranged for a lavish electric illumination of the streets, mcao- descent lights being strung at distances of a foot apart along the leading thor oughfares. The city hall and leading buildings will be a blaze of light. Friday, September 4. Court ball of the knights at the den, and ceremonies attending the coronation, and unmask of the king and queen. A superb fiesta, . ti nrhinh Rnectatorn tickets m&v ha hurl f T r " at a very reasonable figure. Ball tickets admitting gentlemen and ladies, will be secured upon proper introduction, from the board of governors at $10. It will be the greatest semi-public function ever undertaken in the west. Saturday, September 5. The north western Scandinavian Singing society, 1,000 voices, give a festival of song at the den. SAMSON IN COMMAND. The arrangements for this gala week are in the bands of the board of govern ors of the knights of Ak-Sar-Ben, of which K.S. Wilcox is president, a. J. Penford treasurer, and Clement Chase, secretary. All communications, how ever should be addressed to Samson, box 777. Omaha. Let all the great west come to Omaha for the fall festivities. On all sides let us hear the famous yell of the knights: Samson, Samson, we're his menl. We're the knights of Ak-Sar-Ben! Rah-rah-rah! . O-ma-ha! COMMERCIAL CLUB BUREAU. The commercial club state fair bureau of information and rental agency will be located in the big hall on the second floor of the board of trade building, saix teen and Farnam streets, and the read. ing and club rooms on' the fifth floor will be open day and night during the fair. All visitors to the city are extend ed a cordial welcome to them. The bureau of information and rental agency are simply and solely for the ac commodation of visitors, ine rental agency is not for the purposo of making money, or in opposition to the hotels or boarding houses, but to assist both them and the visitors. All of the hotels will be filled to their utmost capacity. THE RAILROAD SITUATION. A Change in the System a necessity. The statistics of "American .'railways are among the most unanswerable argu ments why a change in the system is an absolute1 necessity. Take for instance the list of railways sold under foreclos ure since 1876. Here it is: i Stocks and Year No. roads. Mlleaers. bonds. t876., 30 8,840 S217,84S,O00 1877... 1878... 1879... 1880... 1881... 1882... 1883... 1SS4... 1885... 18S6... 1887... 1888... 1889... : 54 .v.... 48 ...... 65 31 29 ...... 16 18 ...... 15 ...... 22 ...... 45 31 19 25 I 875 : 18,9S4,U0 1,906 - 811,634,000 909 243,228,000 1775 203,882,000 1,617 127,9i3,000 867 65,42h,000 ,354 37,100,000 710 2.M04,000 1,156 278,404,000 ',67 ' 874,100.000 i,47 828,181,000 ,696 64,555,000 ,930 137.815,000 ,825 ' 182.495,000 1890 29 1891 ., 21 1892 28 1893 23 1894 42 1895 52 1,223 186,069,000 ,922 95,808,000 ,410 ' 94,S9S,000 ,643 318,999,000 ,831 761,791,000 Total 643 75,554 $1,265,196,900 There we have in twenty years more than $4,000,000,000 of stocks and bonds either scaled down or wiped out of existence. The immense-liquidation of last year over $760,000,000 was divided into $326,231,000 of funded debt and $435,560,000 of stock, the lat ter being practically extinguished in the reorganization. . A German Vote Offered McKinley. Woodlawn, August 17, 189. Editor Independent: From the Ger man paper I saw that a German McKin ley club was started in Lincoln, and that Messrs Fred Beckmann, Boehmer, Nic. Ross, Trompen, and John Geoler were elected as committee. These are the right men in the right place. Three of these gentlemen are county officials. We know that it is the duty of officers to work for the welfare of the people, and therefore this committee has a noble task to preform. The people of this state lost about $230,000 under state treasurer Hill. About $000,000 school money should be in the state treasury but high officials claim that there is not a cent in it. Lan caster county lost about $40,000, under Treasurer Burnham and about $50,000 under Treasurer Cobb and the city of Lincoln lost about $20,000 under Treas ures Stevenson. All this money must be reimbursed by new taxes. . . . All these Treasurers belong to the Mc Kinley party, therefore I hold that these German McKinley converts should go to work and see that every cent of this money is reimbursed before the election. This would secure them every German vote. , I am a populist but if these gentlemen can bring me real proof before the next election that every cent of this money is restored to the respective treasuries m good sound gold dollars (siiver would not do as these gentlemen declare they are only worth 53 cents) then I will vote tlie straight McKinley ticket, but if they cannot do this 1 believe we should not trust the public money again to that party. Fred Schavirzer, He Don't Bide on Passes. Several hundred people crowded into the little station of the Rock Island road a few minutes before 2 o'clock this after noon and watched with interest William Jennings Bryan, the candidate of three political parties for the presidency, pur chase two tickets and pay for them. "It looks strange to see a candidate for the presidency buying railroad tick ets," said a friend to Mrs. Bryan while this was occurring. Well." she replied, "he always has bought his tickets, and , I don't know of any reason why he should not do so now." N. i. World. D. P. Sims, dentist rooms 42. 13 Burr Bl'k., Lincoln, Nebraska. - 14 REPUBLICAN FALSEHOODS REFUTED. The Government Issues a Circular Stating the Facts in Regard to Monetary Laws. Neither Silver Dollars Nor Silver Gold-Official There are ten different kinds of money in circulation in the United States, namely, gold coins, standard silver dollars, subsidiary silver, gold certifi cates, silver certificates, treasury notes issued under the act of July 14, 1890, United States notes (also called greenbacks and legal tenders), na tional bank notes and nickle and bronze coins. These forms of money are all available as circulation. While they do not all possess the full legal tender quality, each kind has such attributes as to give it currency. The status of each kind is as follows: . Gold coin is legal tender at its nominal or face value for all debts pub lic and private, when not below the standard weight and limit of tolerance as prescribed by law; and when below such standard and limit of tolerance it is legal tender in proportion to its weight. - Standard silver dollars are LEGAL TENDER at their nominal or face value in payment of all debts, public and private, without regard to the amount, except where otherwise expressly stipulated in the contract. Subsidiary silver is legal tender for amounts not exceeding $10 in any one payment. " .' ' ' ' i Treasury notes of the act of July 14, 1890 are legal tender for all debts, public and private, except where otherwise expressly stipulated in the con tract. . , : United States notes are legal tender for all debts, public and private, ex cept duties on imports and interest on the public debt. Gold certificates, silver certificates and national bank notes are not legal tender, but both classes of certificates are receivable for all public dues, while national bank notes are receivable for all public dues, except duties on imports, and may be paid out by the government for all salaries, and other debts and demands owing by the Plaited States to Individuals, cor porations and associations within the United States, except interest on the public debt and in redemption of the national currency. All national banks are required by law to receive the notes of other national banks at .par. . The minor coins of nickle and copper are legal tender to the extent of 25 cents. , . gold coins. The coinage of legal-tender gold was authorized by the first coinage act. passed by the congress, April 2, 1792. The total coinage of gold by the mints of the United States from 1792 to June 30, 1896, is $1,814,692,253, of which it is estimated that $567, 931,823 is still in existence as coin iu the United States, while the remain der, jl,J4O,T00,4JiO, has been exjorted or con sumed in the arts. The gold bullion now in the United States amounts to $32,268,955. The basis for the estimate of the amount of gold coin in the United States was established in 1873, when the amount in vaults of national banks and the treasury was ascertained from reports to be $98,389,864. To this was added $20,000,000 as an estimate qf the amount of gold in use on the Pacific coost, and $10,000,000 as the amount held by all other banks, and by the people. The amount thus ascertained was $128,389,864, to which has been added from year to year the new coinage reported by the director of the mint, and the imports as shown by the custom house reports; and from which have been deducted the exports and the amount consumed in the arts. It will be seen that more than TWO-THIRDS of the gold coins struck at the mints of the United States HAVE DISSAPEARED FROM CIRCULATION. - silver coins. " The silver unit is the dollar which contains 412 grains of standard sil ver 900 fine. The amount of fine silver in the dollar is 371 grains, and there are 41 grains of copper alloy. The standard silver dollar was first authorized by the act of April 2, 1792. Its weight was 416 grains 892.4 fine. It contained the same quantity of silver as the present dollar, whose weight and fineness were established by the act of January 18, 1837. The coinage of the standard silver dollar was discontinued by Hie act of Febru ary 12, 1873. The total "amount coined from 1792 to 1873 was $8,031, 238, and the amount coined from 1878 to June 30, 1896, was $430,790,041. The coinage ratio between gold and silver under under the act of 1792 was 15 to 1, butby the act of 1837 it was changed to 15.988 to 1 (commonly called 16 to 1). This is the present ratio. Of the $430,790,041 standard silver dollars coined since February, there were held in the treasury June 30, 189 $378,614,043, and the amount outside the treasury was $52,175,998. Silver- certificates to the amount of $342,619,504 have been issued against that amount of the standard silver dollars held in the treasury. The commercial value of an 1 ounce of fine silver June 30, 1896, was $0,6924, and the commercial value of the silver in a silver dollar on that date was 53.55 cents. SUBSIDIARY SILVER. The amount of full weight fractional sjjrer coined prior to 1853 was $76,734,960.50, and the amount of subsidiary silver coined since that year is $144,942,175.50. SILVER CERTIFICATES. The act of Feb. 28,'78,autboriHing the issue of the standard silver dollar, provided that any holder of such dollar might deposit them in sums of not less than $10 with the treasury or any assistant treasurer of the United States and receive certificates therefor, in denominations not less than $10, said certificates to be receivable for customs, taxes and all public dues. The act of August 4, 1886, authorized the issue of smaller denominations of $1, $2, and $5. Silver certificates have practically taken the place in circu lation oMShe standard silver dollars which they represent. The amount outside the treasury July 1, 1896, was $331,259,509, while the amount of standard silver dollars outside the treasury was only $52,175,998. Neither silver certificates nor silver dollars are redeemable in gold. The act of April 2, 1792 established the first monetary system of the United States. A mint was established. The bases of the system were: The gold dollar or unit; the silver dollar or unit. The ratio of gold TO 'Bilver was 1 to 15. The coinage was UNLIMITED and there was no mint charge. Both gold and silver was legal tender. TIL3 STANDARD WAS DOUBLE. Official Treasury Department Circular No. 123, July 1, 1891 Certificates are Redeemable in Information. Working the old Game. The big Tudor Iron works in East St. Louis have shut down and give as an ex cuse, fear of free icoinage of silver being successful in the election, and a number of smaller factories have followed their example- with the same purpose of cre ating a scare in the minds of the people. The money stringency in the banks is be coming tighter every day and it is now practically impossible to secure loans ou any kind of security in any part of the country. Correspondence to the bureau shows that these conditions ex ist in every section of the United States without difference. It remains to be seen whether the monied lords and mo nopolistic interests have the people by the throat bo tightly that they can never again accomplish reform for them selves and the benefit of their children. The struggle seems to be the final one in deciding whether liberty is to live on the shores of the westarn hemisphere and the republic of our fathers is to be perpetuated. , Make the Gold Dollar Smaller. Brewster, Neb., August 10, 1896. Editor Independent: Please allow me the pleasure of contributing to the columns of the Independent. The paper reaches me regularly on Saturday of each week, always bringing cheering news of the fight for emancipation from financial slavery. Let the good fight go on and long may the Independent live to enjoy the victory which seems so near and to which it has so gallantly con tributed. We are not idle in this country but have secured space in the News for the publication of of populistic doctrine and shall make a fight for Bryan and free silver. While we have no objections to Sewall personally, we prefer Watson be cause be has fought a good fight for the principles which we as pops hold dear. He has felt the heavy hand of corporate oppression and injustice in being robbed of the fruits of victory won in a struggle to uphold the constitutional rights of the people against the grasping, liberty destroying' power of the money kings of the country, backed' by the power of the government. Such men should not be deserted. Crop prospects in this coun try are good. Corn is growing rapidly and so is the free silver sentiment. It is refreshing to see the way farmers and wage earners generally are warming up on the money question. Thinking men everywhere irrespective of party, are studying this questidn as they never did before. Many things have combined to bring about this state of mind in the masses. Chief among these causes is the depreciation in valueof all kinds of prop erty and the consequent fall in wages. Under the operation of the single gold standard of money, gold has steadily appreciated in value while every form of property has depreciated or gone down in an inverse ratio. Silver deprived of its redemption quality and reduced to the plane of mere merchandise, its value measured in gold, has suffered in com mon with all other products. Whenever a gold bug runs out of an argument, as he often does, he will declare that the ra tio of 16 to one is not a fair one because it does not represent the relative value of the two metals. He always wants to make the silver dollar larger, say 30 to 1. But he never says anything about making the gold dollar smaller. A. H. Shull. Utterly Contemptible. The insinuations fiat Bryan could be bought to lend his matchless eloquence to a cause in which he did not believe or paid to forward the interests of a selfish clique of men is utterly contemptible. It would be no more contemptible to charge McKinley with introducing the bill which bore bis name for the express purpose of putting money into the cof fers of the Andrew Carnegies of the coun try. Denver rsews. Tell as About it. i at. tnis tune two years ago Airs. iaa ... . . Notson was tramping over the state urg ing her friends to vote for H. R. Corbett for superintendent of public instruction she had left her two children in the care of friends and traveled over the state spending her time and money in Cor- bett's interest, as it was understood he would appoint her his deputy, if elected Did he keep his promise? Where is Mrs Notson now? Where are the two chil dren? Whose were the two babies fished out of the Missouri river? Corbett is up for office again. Mrs. Notson needs no office now. Tell us all about it Mr. Cor bett, and the partyourduplicity played in this horrible tragedy. Omaha West ern Laborer. Banker '.Grow Denperate. The following is part of a letter re ceived by Joseph Harrison & Co., gen eral agents for the Penn Mutual Life In surance Co., from the senior member of their firm, who is now in Philadelphia, dated August 8. The letter concludes with the following: There was a semi-panic in stocks yes terday and today the bankers are going to play the devil with everything. They are beginning to realize that silver is likely to win. I find the interest in the free coinage question to be even more wide spread than I thought. All classes and conditions are reading and investi gating the subject, and the more they read the closer we get to a Bryan voter. 1 rom expressions heard and which, by the way, are not always in our favor, I am very confident that New York will repudiate McKinley. I be whole country is ablaze with the question. Old time radical protection ists seem to have forgotten the tariff in the great and ovewhehning question of the free coinage of silver. I think we are going to win." ) HOT UNDER THE COLLAR. Insurance Agents wish for the Fool Killer. The Insurance President's Gold Standard Letter has Buined Their Business. When the eastern presidents of life in surance companies wrote their now cele brated letters promising to pay policiea in 50-cent dollars if Bryan and Sewall were elected, they doubtless thought they had done a smart thing. In their mind's eye they saw a great rush of the people to congratulate them on their po sition and the downfall of all hopes of free coinage. This was last week. Now they are beginning to wonder if after all they did not make a little mistake which was likely to prove a boomerang in more ways than one. At first they re ceived letters of congratulation and col umns of editorial from the eastern gold bug press. This was very pleasant and they enjoyed it. But now they 'are be ginning to hear from the west that there are two sides to the question. Agents are writing to their home office that the ef fect of the letters in the west was to com pletely shut off business; that the people of the western towus will not even talk insurance with those companiea that have declared for gold. Of course the general agents are not in a position to criticise directly, but there are a large number of general hustlers who work on commission. They find their vacation entirely gone since the appearance of the letters in question and whenever they approach a man on the question of In surance they are met with some state ment about not wanting to be insured in 50-cent dollar companies or sarcastic utterances of that kind, until the poor insurance rustler, always heretofore noted for bis cast iron gall, finds that even his nerve is not equal to the task of talking down the effect of those ' gold standard letters. , Senator Hill for Bryan. Senator David B. Hill will support the nominees of the Chicago convention. A formal announcement of his position will be made public within a few days Senator Edward Murphy is out in the open for Bryan and Sewall and will urge the democratic state convention to in dorse their nomination. -'-- John B. Stanchfleld, who will probably be the democratic candidate for govern or, will support the ticket and platform put in the field at Chicago and make his own canvass on these lines. N. Y. World. Campaign Nastlne. If one knows of as disreputable cam paign trash as the following he must have reached the sewers of New York or London to have found it; '"Still Mr. Bryan threatens at some future time to inform the people whether or not be is the paid emissary of the bul lionaires. This charge has been repeat edly made in the public prints, on the rostrum and in private conversation, but so far Mr. Bryan has continued to draw his salary and keep silent" York Times. Why He Read It. In regard to reading his speech at Madison Square Mr. Bryan said: "Knowing that it would be printed in full, I thought it more important that it should reach in correct form the mil lions who will read it than that the del ivery should please the few thousauds who were present It is always unfor tunate when a speaker is compelled to read a political speech, but in this in stance 1 thought it best not to risk the errors which always creep into the re port of an extemporaneous speech," Brltlih Colony. The strongest opposition to free silver comes from . Massachusetts, the state that exiled Roger Williams, egged Wen dell Phillips and mobbed Lloyd Garrison. Massachusetts has never ceased to be a British colony. Clark Hudson. But Massachusetts produced a Wen dell Phillips, a William Lloyd Garrison and many more patriots whose eloquent words and heroic acts have moulded the policy of this nation. He's Too old and SUIT. . This week Mr. Bryan almost literally passes McKinley's door on his way east. His armor glistens, his spurs are sharp ened, and his dazzling helmet challenges all comers. Uovernor Mernam of Minn esota and others soupd the alarm, and press McKinley to get out after this young man and load his guns with cur rency ammunition to the muzzle. Bos ton Globe. The Facts at Last. Washington, D. C, Aug. 13, (Special.) Republican managers here declare that Bryan's speech in New York last night was a universal disappoint ment and a dismal failure. Half the audience left the hall before he had fin ished his hour and and a half of read inn from manuscript. Truthful Annin. Good for the EngUHhinan. The English owner of African gold mines can bring here his gold which cost him two or three dollars an ounce to mine and we will coin it for him free- coin every ounce of it into more than twenty dollars. let our own silver Dro- duct is shut out from our mints Mis souri World. , 10 campaign subscriptions $1.00. Send in your orders. J. 7