The Wealth Makers and Lincoln Independent Consolidated.
LINCOLN, NEBR. THURSDAY, OCTOBER 14, 1897.
VOL. IX.
NO. ai.
Al 1UU mu VkJl 1 ivu
HeoraekaAtNaihTllle Represented
by the Governor sad
Hit Staff.
ENTHUSIASM FOB MB. BRYAN
Senator Allen and Senator Bate
On the Katbville Bat
' tleflelda.
Nebraska War th Higgast of All.
Tbe management of the Nuahvllle Cen
teuniul exposition set apart October 8
aa Nebraska day. It bad been well ad
vertised and the aDiiouucemunt that Ne
braska's three famous tneu would be
present brought out the largest crowd
ever gathered in Nahvllle. The Nebra
ka party, conaleting of Governor Hoi--co.nb,
Adjutant General I. H. Barry,
General C'harlee J. Bills, Colonel J. I'.
Bratt, Colonel J. M. Burress, Colonel
Emile Hansen, Colonel John G. Maber,
Colonel Walter Molee and wife,, Colonel
It. K. G iff on and wife, Colonel Charted
Bryan, Colonel Fred A. Miller, Captain
J. 0. Painter, Lieutenant F. I). Eager,
Mr. and Mm. J. W. Edgerton, l'resldent
Wattle of the Trons-Missleaippl expo
sition and wife, Dr. Bearing, Mr. J. M.
Whitaker, Henator Allen and Mr. Bryan,
loft for Nashville on Wednesday after
noon, October 0, and arrived in Naab
Title Thursday evening. The Tularin
hotel wo selected aa Nebraska head
quarter. Tbl bad been previously an
nounced and an enormous crowd had
assembled at the hoUtl awaiting the ar
rival of the party. The streets were al
moat impaaeuble, and the shout of ap
plause for Mr. liryan and Nebraska's
senator and governor were deafening.
Congressman lien ton McMillin ol Ten
nessee introduced Mr, liryan, who spoke
for three or four minute, when he intro
duced Governor llolcomb and Henator
Allen, who apoke about theaame length
of time. TheentbuNiuHin of the crowd
taffies description.
Colonel Wra. F. Cody, better known aa
Buffalo Bill, lur limbed the mount and
escort for the Nebraska party in the pa
rade on Friday. It waa apiendidly ar
ranged. The cavalry eacort came first,
followed by the Nebroekarltandard, then
-Governor Taylor of Tenneaaeeand Gov
ernor llolcomb and hla ataff, followed
by prominent citizen in carriages. The
atreeta ail along the route to the expo
sition ground were thronged with peo
ple and tbeebeering wo almost contin
uous. The party diamouuted at the large
auditorium on the ground where the
addreaa of welcome waa delivered by the
governor of Tennessee. Iteaponaea were
made by Governor llolcomb and Sena
tor Allen.
Governor Holcomb congratulated the
Tenneaaeeana on the success of the ex
poaition and the apparent prosperity of
their atate and people, lie reviewed the
conditions in Nebraska and called ntten
tion to the enormity of He agricultural
productions lie advocated closer trade
relation between the two atatea and
apoke hopefully for a aouthern outlet
for Nebraaka'a aurplua product. The
addreaa waa received with hearty ap
proval and waa applauded frequently.
Senator Allen'a addreaa waa aa fol
lows:
My fellow unions: it waa very
thoughtful and kind of the manager of
the exposition to aet apart a day for
Nebraska, and we gladly avail ourselves
01 the opportunity afforded ua to join
wun you 10 contributing to tne auccea
of your enterpriae. There are many
Nt'hruskane here to-day. and all are pres
ent in spirit and good wiahea for your
auccea and tne prosperity of the Nuab
grille exposition.
Teuueasee la among the flrat and very
beat atatea of the union, being third in
her admission after the formation of the
government. On her owu application
she waa admitted to the sisterhood ol
atatea lit June, 1700, and we of Ncbraka
rejoice with you that the history of the
atatalaao full of glonoiia deed and
aplendid aveuta. Hut you are familiar
with your own history, and doubtieaa
you tio not rare to have nuy of it relat
ed by me. I am tore, however, you will
inmt iiin to any that inasmuch a your
lama ha leaped the bouud irle of th
atat and in that ecu haa become pub'
lio Jroa-rty, I hare right In consider
it, lor you are part ol th In ion nad
have addrd la Ua population, ita wealth,
He Intelligent mid ita greatness, and
the ara a part ol th history ol the
goveruatvnt and hav heeom tb com
limn property ol liar ttia,
.Nwhraotaue know ol yourgraut water-
war a ana mountain raugaa; ol your
plndid ill, your nt h mineral depoaita
ami agranular! products, ol your lit
luoualduagraaa regtoua, of your doclu
naJ hrda, of your vletHaoay nary iiutitu
tioaa, o your whin, I., rollage an I
rburehm, they know alaoot lha glory ol
lb Hiea and (h Uut of lha worn of
1mmm, ol yourlar lams I bora. Had,
la Oaa, ol twrylbiag that ha ma. K a a I
wtlleuatiaa lo make tbi ett fa.
ord Hit, aad aa lprbl part ol
the ( ntiwd ituiMk
M Ural twi to Na.hvilla walnut
utter a auaixduua itrcumsUm--
the raa, I came bar whs lha atat
waa la lha lhru ul war, aad whsa
Naahtilla w wedr martial law, I
me t th 1'aio ,uii peril, and
ha lh tasiio wbvthar ihU govr
HmniI aboaid aurtlv or pariah, deaM
(mi lh hr hiraw ol ta, lor all r
NlihMav I eaiaa la at
auiwr ut lh I'aioa army ii Wr ll
fal Utrg it. Thowaa, i aat rw
pelling an invaaion by the Confederate
under General John B. Hood; and bere
on your aoil, in view of the spot where I
now atand, on December 15th and 10th
of that year, a great battle wo fought,
io which I aa a private aoldior, partici
pated. On your aoil waa anilled the
blood of my comrade, and in the bosom
of Tennessee their bono lie bleaching at
thia time, but you have atrewn their
gravea tenderly with flower, a you
have atrewu the grave of those you
knew aud loved In life, who jell In the
war, and a we of the north etrew those
ol the confederates who din among ua.
, 1 have come now for the flrat tlmealuoe
that irreut battle, and when peace and
good will reign supreme; when aeotlonal
feeling baa disappeared; when the men of
the north and the men of the south meet
like brother, and mingle, aa they should, j
and when the bitterness of war 1 no
longer felt. I have ootue at a time when
Teunuaaea la looking her boat and when
he 1 wearing her Hundav clothing. I
have come now on a mission of peace, of
fraternity aud good will. 1 have come
to aaalat you, aa far aa la within my
power, to successfully celebrate your
centoniul exposition aud to add my mite
to your happineaa and prosperity, i
have come also a a representative of
one of the youugnat and fairest atatea In
the Union. 1 have come at a time when
the air ia not reut by the aharp crack of
the musket, and when the cannon'
mouth la stilled. I have come at a time
when a spirit of peace prevail and men
are not angry; when there i neither bit
terneaa nor atrife.aave that prafaeworthy
and patriotic emulation that stimulate
each to perform well bia part in life aud
atnv to excel in building up and ad
ding to the prestige and glory of a great
atate and a great nation.
My friends, If, within thepoar,war with
ita desolation and horror bo drenched
thi fair land in fraternal blood, torn
asunder the Union and left Indellible
scar on human heart, let us, aa patri
otic citixeua, of a common country.thank
God at thi time that in bia providence
the Union wna saved and reatorod, not
for the north, not for the aoutb, but for
all the people and for the posterity for
counties age to come.
To the long line of beroio men and
women on 'both aide of that war are aad
memories that death alone can efface;
but putting thorn out of view, aa pre
cious jewela are put aaide where prying
eye cannot aee them, and where thieves
cannot break through and steal, let ua
remember our duty to the present and
to the future, and loyally turn our faces
to the great task of government before
ua.
It baa been my fortune to know one
great Tennaaaeeun, now dead and gath
ered to hla latnera, tne late lion. Isliarn
Green Harris, who, for a generation or
more, aerved thia atnte In the legislature,
in the lower house of congress, aa gov
ernor, and aa a United Htatea aenator,
and who was, for eovoral years prior to
hi death, my eeatuiate in the United
Htatea senate, and my friend. While we
did not agree on many political ques
tions, we were alwaya friends, and 1
came to appreciate hi great worth and
merit, aa a man and a atatoeman.
I waa present at the last sad rite held
over hia remain in the senate chamber
in July lust. 1 saw hia seat draped in
mourning and I felt that a true friend
had departed, and that Tennessee bad
lost greatly by hi death.
Your atate in every period of her proud
history, baa been represented in congress
by great men, and I can well understand
bow blunt, honest, hardy, sensible and
able Isham G. Harris, won hla way to a
permanent place in the affection of the
people of thia atate.
It haa alao been my good fortune, for
over lour years, to know personally and
appreciate the friendship of another!
great leunoaaeean, now living, your
honored and distinguished senior aena
tor, General William li. Bate. If long,
faithful and able public eervice rendered
the people, entitle a man to their respect,
their confidence and their esteem, thia
distinguished gentleman ho long since
won a pluce in the affections of Teunea
aeeane from whi m ha will never be dis
lodged, aud if Harris and Bate are
teata of Tennessee cltiiiiebip, I cau well
understand bow every man of thia atate
gloriea In the fact that he ia a Tenuea
aeean. Commercial and aoeial intercourse, m
well aa International marriage, have
done, now very much an 1 will do more,
to soften the sentiment of the sections
that haa heretofore exiatwl; but beyond
theae and batter still, there will bathe
consciousness of all, that wa ar of com
mon blood, orfgin and deatiny, and that
wa must act in harmony to promote th
real graatneaa and glory of our eountry,
I'aaaiou may rend and separata lor a
tune, but passion la an unwiaa counsellor
and au unaufe guida. Wa all aduiira the
bravery of tha blood when tha eourag
of lha individual la legitimately called
lulo irie and Ma exhibition la oron-
rly demanded. But wa dett with ut'
ter bal rail lha ta.u di.ej ol rourag
aud th bragadM'ia ol lha proteaaioual
Pully. CommuultM, tata or ualioua
wberavica reigus.l he nu whoa lues
ar ordered by iou, ran never ri lo
lh bliibael aud fowl coaeaiiliotta ul I lie.
and lb wrkl diavharg ul its uioal mi.
poriaul dud.
I I rust, hit Irieu U, wa all r Jolo thai,
with ham aad Ibrrw u eiiiioa. Ibr
la profound a' in our eoualry, and
Dial ina prMp I la that many a ilw
olr tua Mirt ul aurnily Ulor
lha hallo shall again aagaa la war. if.
ladevU, war la not tow ibiag ol lh
al.
I'uhihieeMliiiival, whlvhU, aad mii!
eoatiaaa la t, lh al arbiter td alt
lUbie quaatloa aad ihiIn'Imi, t rapidly
bwHtiuiug d'al In lh lal lb I d
al ul a Hililual character uiaal U
tllJ by lh ballot aad U hy HWea.
lb baiaaa K'Ib I m tmilili
Ihruaad aa lb oW ra'af ul awn. aaJ
loia ia raJ!! I.ihrr. aad I'smumi
ia Wlx, wa may bop f.if be daaa
UVaUaa.4 ua L' gMh l ag.
MAINTAINING PARITY
Difference Between Dollar, and Sll
Ter and Gold, aa Com
modlties.
BY EX SENATOR W, A. PEFFER
Use of Metala for Coinage Adda
Materially to Their Mar
ket Value.
Colnag Legislation,
lu ao article on maintaining the pari
ty between gold and ailver dollar, In
the Topeka Advocate, ox-Henator W. A.
I'effer aays there 1 u great difference be
tween dollar on tho one aide and silver
aud gold on the other aide, Theae met
ala are commodities, the aame a all
other article that are bought and aold
on the markot with and for money, the
principal difference being In the fact that
theae two metal have been used for th
manufacture of coina representing mon
ey and an arbitrary value aet upon th
coin by law. Thia create a much lar
ger use for the metala than they would
otherwiae have and to that extent adda
to their market value, while corn, wheat,
cotton, iron, coul and other commodi
tie which have no urlltlcial uses, are
dealt with in the market on their rela
tive value for the common and ordi
nary usee to which they are applied by
the people in their doily life, and theae
value are regulated by the lawa of
trade, not th law of congrea or of
parliament
The market value of ailver and gold
bullion, if they were not need for coin
ago, would be determined by their fl tries
for auch usee a the peopU would have
for them in the arte and science, just aa
thevulueof iron and t do and lead are
detertumod. Their relative value com
oared with each other would vary ua do
the relative valuea of wheat and corn or
of any two other articlea. Htarting at
any given timo, any the relative valuea
of ailver aud gold bullion, by weight, ia
15 to 1, the ratio would not be main
tained any longer than the supply of
and the demand for teem remained tne
same (Including, of course, all other fno
tora which enter into the problem). If
the supply of one or the other Increased
or diminished faster than ita mate (oth
er thing remaining the ame) it value
would be affected accordingly, and the
ratio of IS to 1 would go to 10 to 1 or
14 to 1 more or le a the caae might
be. The proposition may be demon
strated with wheat and corn and their
market valuea from time to time. Here
ia a etatement allowing the yearly aver
age market price of theae two cereal in
the open market at New York City, omit
ting fractiona of a cent:
Year. Wheat. Corn
llatlo.ab't
1897 $1.21
.40 2 5 to I
180 1.27 .55 2.8 to 1
1882 1.27 .80 1.0 to 1
1884 1)7 .00 1.0 to 1
1885 DO ,6a 1.7 to 1
1888 97 .57 1.6 to 1
1891 1.00 .70 1.6 to 1
1894 01 .50 1.2 to 1
It will be observed that from 1879 to
1894 the ratio, changing nearly every
year, diminished from 2.5 to I to 1.2 to
1, a little more than 60 per cent. Wheat
and corn are aold and bough under mar
ket conditiona ouly, while gold and ail
ver have the additional odvnutugu of
lawa regulating their coinage.
We now aubmit a statement of the ra
tio of ail var to gold for tha an me years
aa above giveu lor wheat and corn, with
the addition ol 1N7S, '74 and '75:
1873 15.02 to 1
1874 20.17 lo I
175 10.69 to 1
1879 18.40 lo 1
18M0 1M.U5 lo 1
12 18.10 to 1
11 18.57 to 1
186 19.41 tot
18 21.09 lo 1
1892 20.0 J lo 1
10 'MM to 1
la this caae ratio incraueed nearly 70
per ceal aud all I boa ywura both silver
aud gold a era uat.J lor coinage, though
lha ua ul silver for that purpoaa had
greatly iliiuliiubml, and al In aud ol
Iba nod It had aut Ira acotwa to a
mint In auy ol tha great ualioua of lha
world.
'l b ratio of ailver lo gold may change
bul lh ratio of a dollar rprruui. i.y
ngoldroiu and uua rora-atd by a
sotsrt'oiii will ttul rhanga uutwaa tha
aotaielga powar ol tha Tailed. Male au
dtvfwr, lu prov thia new! ouly ra
ter to a few wall aataldiabe-l lal.
had ualotittaJ tMittag ul both
uto) Iroia I TV I lo laYi au. though
lha aoiuiorviil ratio Haelualad Irout
5u.V.1.l lot, aad lha legal r alio
waaihaagedia l'H trow It In I lo tl
to oaa, tha Maliva Vain ol lha dollar
luada ual ul bulb aielat ar Varied u
aey thgrvw, I lAd lb weight id Iba
lb la aor adwr um-half, quartare,
duoaa aad bad diinaa-waa rvaued
alniul T aval, aud tha Itullaia lor
atoaaga waa iurbaa alur tbaiyvar.
but Iba dollar bad ir aad aaiiu.ud
aitaagaa Ul ira, Aad although our
adfr amreary vuitalt, lnat wholly
tl lb auaor, bgbl weight toiatliuia
ai o laf;, uy a4 earraal al
lbar tab,
la lia oar eolaaga ia wr rvhd,
the standard unit wa changed from th
ailver dollar to th gold dollar, and the
ailver dollar waa demonatiaed, but th
light-weight ailver coin were good a
gold, within the range ol their legal ten
der function five dollar.
In 1878 the Illaud-Alllson law author
ized the purchase of ailver bullion and
It coinage Into IIver dollar of the old
standard weight, and ul though about
U78,000,000 of theae dollara were coined
during the next twelve yeara and they
on their representative certificates were
put Into active circulation, not one of
them waa ever discredited. They re
mained steadily and all the time at par
with gold, though the ratio had dimin
ished 40 par cent.
In 1890 thia law waa uporoeded by
the Hherman law, which provided for
the purchase of 4,500,000 ounce of ail
ver bullion every year to be paid for
with treasury note redeemable In gold
or ailver coin at the discretion ol the
secretary of the trenaury. To thi pro
vision for redemption wo added what
1 known a th "parity cluuae" in the
fullo lng worda; "it Is being th estab
lished policy of the United Ktatea to
maintain the two metal on a parity
with each other upon the present ratio,
or audi ratio a may be provided by
law,"
That waa In 1890, when the ratio had
rieen to 19.02 from 16.02 In 1873. Hil
ver dollara remaiued at par and contin
ued to circulate freely, a If there wo no
ucli thing aa ratio. In 1895 th ratio
bad risen to 2)0.82. Still th ailver
coin were at par; and ootwithatandlng
th onslaught that wa mad upon them
in the campaign of 1890, the CO-ceut
dollar proved to be mere imagining of
deepurate politician.
Aud now. while the political heaven
are full of hobgoblin following Bryan
and crying "40-cent dollar," we have
the following new in a dispatch scarce
ly cold:
"Han Franoisco. October 4. A a re
sult of the revival in trade, th mint in
this city will ut one resume the coinage
of ail ver dollar In accordance with in
tructiona received from Washington."
Here we have the mini actually re
suming the coinage of 40-ceut dollara,
notwithstanding the law ay it ia the
eatabliahed policy of the United BtaU-e
to maintain the two metala on a parity
with each other on the present legal ra
tio or aome other ratio etublihed by
law.
The lute mint report show that dur
ing the fiscal year ending June 110, 1897,
there were 2I.20.'I.701 ailver dollar
coined. All told, there are now in the
neighborhood of 600,000,000 of tlrnae
dollar doing duty a"bouet" dollar
coina In th United Htatea. nnd though
their weight in bullion can be purchased
for about 1200,000,000, the coin pus
at their face value.
During all these year from 1703 to
1878. the leading nation of th world
coined both silver and gold, aom of
them lo unlimited quantities ail that
wa brought to their mint, yet a be
fore dated, the ratio ' fluctuated, but
that did not altar the ratio between dol
lar. Since 1873, the mint of all rfreat
nation have denied free coinage to ail
ver though granting unraatricted mint
age to gold; and yet, with all these re
strictions thrown about ailver, it coin
hav maintained their ancient value a
money.
Hence the Advocate ay the United
State could not maintain the parity
between ailver and gold under free coin
age, but we could, a we have been do
ing all along, maintain the parity be
tween dollar coina made of gold and
ailver.
INDIANOPOLI3 DEMOCRATIC.
Thomas Tsggart Elctd Mayor by about
S.ooo Plurality.
lahUJIAI'oi.lH. Ind.. Oct. 1'J Thnmns
Tttggart, democrat, defeated W. N.
Harding, repUolman, for mayor by a
uluralitv that Will reach 6.00(1. Tim re.
publican gave tip tha fight early In the
evening, conceding a democratic victory
irom n.uoii to a,mnj. Tha rest ol tha
tict t. including six council men at large,
ia elected by from 3,500 to 4,00,
Of tha ward couuoilmen, the repablb
cans wilt elect probably not more than
lour out of fifteen.
Mayor Taggart was debuted with tele
grams tonight from all over Iheoountry.
Ha Is freely aookaii of aa tha next demo.
emtio candidate for governor. Ha waa
elected on a ailver platform.
Should l ull fur BuretM,
TIim UmII.u. ..I tl.a .Ian au fi-i 1
- - . w ...... ... imi M r wr u
lliamJiiui unJ !. ....1.1 I
people repreaent on nnd the same side
til Mil III lIlMltl tttll PM. I ..I ilia liu.l.l mmm
on lh ollitr aid, but they are not
Uliileil I her nuirht tit ! ai.il aa lki
ItiUal m they aver achieve tierraa,
K f. 8, Henator I'effer in tha Topeka
Advocate.
a- laiuMrla W la.
I'iuttakhmu, Taa., IM. 12. Tha
Miuiiietta slia iion today rulld la lha
over whelming defeat ol lh republieaa
lii'ket. l ot. M Walklua, deiiox ral, wms
tl.H-lvd, lha duuarata alerted al out
ol eight aldsrn.au. Thia eiiv la usually
repiit.lx'an by Irom loo lo 6iKI aud l,m
over helnoug ravvraaj ul lha t'oadilloaa
tadaala the apathy ol lha republie
voter aad th diaafbflioa ol th
gru. 1 her was a vary light tola. aa.
A KMKATOLASH TMUST.
rtaaitaallr All al lh vaslarla Iw
lea I ala MI Ua laaltai
toil aat a, bus tvt a.-tliM aia
ufat lari rprtallf practically
lha aallr ludatlry a? lha l'alll
blalM mat bsr yUrday afurnoua
aad valaf , aad vlrlaally rlel4 a
grat flaaa lraV rl tag aadsr ua
bad ry Uiaaafailory U the euaa-
1 RAILROAD KING
J. Pierpont Morgan Controls More
Than 44,000 Mile of
XUilroad,
EDITORIAL FROM THE TRIBUNE
A Plea for Government Ownerablp
ai tho Only Bamedf
rowible.
Tka High! ut Knilaant Denial o.
Some of the great republican dailie
ar beginning to be alarmed at th cen
trallxation of wealth and increuslug
power ol monopoly, There baa been
considerable mention in the New York
paper of recent date concerning the tre
mendous and Increasing power of J, Pier
pont Morgan, the New York railroad
king. The Chicago Tribune, one of the
leading republican dallloa In the United
State, lu ita Imsu of October 13 dis
cussing th result likely to follow the
continued centralization of railroad
power under th caption of "What Mor
gan I Aiming At," ay:
A Hi Tribune atatod yesterday morn
ing, "nearly all the great trunk line In
thi country ar now practically con
trolled by J. I'ierpont Morgan," He
own or ha under ul thumb lines which
have a mileage of 44,000 miles, H will
udd to them eoon the Union 1'aciflc, th
Baltimore and Ohio, and aom other,
which will make him th master of line
with a total mileage of 60,650 mile.
These road hav Umu than half th total
mileage of th country, but tbev repre
sent fully half th total issue of tock
and bond.
It i not difficult to see the future dan
ger which will grow out of th combina
tion which Morgan I making combi
nation which will put bim in a poaition
wher be and the men who are acting
with him can dictate the price of all prod
net aud property In tne United mate
He and they will become the possessor
of unbounded power. That a proper ua
will be made ol It cannot be believed.
When the great trunk lineear brought
under one management, aud th one
man oower reign supreme, the other
road will cut do figure In the caae. It
It will not be necessary to get control of
them, Iiiue not terminating at vital
point of trade on the seaboard, like
New york and nan rrancisco, will be at
the mercy of th combined trunk lino.
The latter will be able to dictate to them
whatever terms they pleaae. The I'eun
vlvania vtem I not in Morgan's
clutches, but tberoads be has and is surs
to get, flank it on both sides. It will be
helpie then. '
After having secured tha mastery of
the railroad ytm of the United State
nothing will be easier for Morgan than
to secure that of the Canadian road,
and thu cut off all competition In that
quarter. Th English capitalist who
own them will be perfectly willing to go
in with bim. The next step will be to
buy up the big lake vessels, aud thtta put
an end to lake competition. In getting
bold of the Central of Georgia Morgan
also got hold of the linea which ply be
tween Savannah and New York, Boston
and Philadelphia. He will get bold
when the time come of the vessels which
ply between Dulutb and Chicago and
Buffalo,
When Morgan haa perfufltflil III plan
he will be in a poaition where fiUCUa tlx
railroad rate to auit himself. There will
lie no competition. Whatever bechargea
all will hav to pay. Then he can raiae
tha ratea on food product, ao that
Kaateru consumer will bava to pay
more for their food and Western produc
ers will receive less for it. Manufacturers
will get lees for their good and purchaa
era will have to pay more for them.
Their tosses will go to the railioada to
pay dividends on watered stock.
When tho ratea on corn, cotton, wheat
and other product of tha toll ar ad
vanced in order to enabledivideuda lo be
paid on billion of watered stock tha val
ue ol the larma on which these product
ar grown will b forved down. The
owuara ol millions of acre of lertlle luud
will uol b able to get for tho acres
what tbev can now,
Tb value of all city property will also
ba at Morgun'a merry. For It will ba In
bia power lo build up one city or to pull
down another, II he chooa h an
blight th tradaofa city. II ran kill
It manufactura. II cu thu rad'iee
lu imputation and deprwiat lh value
ol ita really.
Tha ownership of coal roade and lha
ability to Hi the pricaol fuel ia a liltl
mailt r rompart'd with lha power over
pre la general whlrh Morgan will have
whe to Iba andsrblll roade, lha t'heett.
Iaka aud I'hto, and lb Houlheru ralb
road h haa added lh I eiou Tai'ine,
Hailliuor aud Ohio, and probaldv lha
Alchiaoa and Toaka. Thea he will be
ladMNl lh master of America pricta,
with all Ihalliuplle.
What will lh peopW du wbva hapute
oa Iba arrawa? I'robwtdy uoihmg al
flrat, For ha will Inov aloaly. lha
Bist ad taw in ratai will ba hardly
soliceajile. TkB I her Will Ita lurthr
ad vanata aad lh imiI will begiw lo
fomplaio. At flrt lh) will appaal lo
uttgr. But what good will thai do?
A mho bi ua lion he h reprvavale aom'
Ibiagbbeflva fedlioae ia lha Iwiad aad
Ita b a will lava aabouaded rvaour
!r purposta ul ewfraptkia. Ilailtlw
bia lobitf spall lb iugraiMea It
ankla, Will aa I lo ga lha voalrtd ul
Iba -ra which dauae II, and la
Mioal w ill aacuaad.
Alt Iba agtavlw ua wbh-li twepavpla
rely for aid and advice will be laths
baude of the enemy. But Morgan aad
bia allies will not bav money enough to
buy the people themselves. When they
' that tbey have been betrayed and
that a railroad octopus ha them in
the grip of its tentacles there will be
wild work. Treacherous representatives
will be dealt with o tliy deserve, but
the forms of law will not be observed.
There will be a sbort.abarp couteat ba
tween th few who are fleecing the people
nnd tbs ninny who are being fleeced. In
that atrlfe the former will far III. Mor
gan and bia associate should bear that
lu mind and should lie careful how tbey
provoke a conflict which can end only in
their totul overthrow. Tbey should not
give their unbounded and Insufferable
lust ol power and greed of gain too free
a rein or they will Be confronted by an
infuriated people.
As for the people, however, the wisest
Hung they can do ia to use an ounce of
prevention while it I yet time, and check
up Morgan aud bia like before they can
go any turthtr on the road they ar pur-
uing."
It will be observed that the Tribune
clearly points out the evil and daugers
of the present system of railroad man
agement but does not suggest any rem
edy. A a faithful representative of the
party of wealth aud monopoly It cannot
consistently do so. It ia eurpriaing that
It should go as fur as It did in pointing
out and admitting tbs dangers In tbe
preaeut system. Tbs Tribune says tbe
people should use an ounce of prevea
tion, but does not indicate tbe line of at
tack. Tbs populist party, and populist
papers bavs long advocated a polio
that if put in operation would be both A
preventive and a our. They call It gov.
eminent ownership- Tbe remedy I an
heroic ons but tbs curs is certain. It has
been successfully tried in many coun
tries. The Tribune will probably bold
up its band in horror ana denounce tb
idea a confiscation and anarchy, and
protest that the plan Is impractical.
How can It be done? Kaay, Under tb
right ol emineiit'domuiu the government
can condemn property and take it for
tbs benefit of all the people, by paying
the owners a reasonable compensation.
It Is not confiscation. It is purchaa
for the public good. It was governmen
tal authority that condemned private
property and turned it over to the rail
road companies, they paying a reasona
ble compensation therefor. Tbe earn
governmental authority that can con
demn the property of a private Individ
ual and tak it for public good by pay.
ing a reasonable compensation therefor,
can also condemn tbe property of a
corporation (a law .created individual)
and take it for the public ua by paying
a reasonable compensation therefor.
Tb title by which a corporation bold
property is not mors sacred than the
title by which an individual citixen holds
hi property. The government oao and
does take private property upon which
to erect it forts, armories, wharves and
couat defenses, It postoffloe and other
government buildings. It can likewise
condemn and take the property of a rail
road corporatiou, pay for it by Issuing
greenbacks, or low in tere.it bearing
bond, aud operate the railroad ia tbe
Interest of tbe people.
Tbe Tribune admits that legislative
control i impossible. Legielature and
congrea can always be corrupted by a
great Corporation. Republican theory
of "control" is therefore impractical.
The populist plan of "ownership" la tbe
only feasible eolation. The Tribune In
timate tbatlu time the people win re
volt, and perhaps war result. Th pop
ulist oartv advocate a oeaoeabla solu
tion by way of the ballot box. If that
faila no one can tell the final result.
MISSOURI COAL MINING
Last tsar's ProUact Slightly IarMd
Mat tha Vala Darase4.
JxrriKson Citt, Ma, Oct. In an
Intervlaw to-day, Charlea EvarU, state
Inspector of coal mlnss, said: "My
report for the fiscal year ending Jud
30, 897, how an Increase over tbe
previou year of 0,341 tons of aoal
iuln4, while the total amount re
ceived for the product abows
a decrease In Its money
value of I5A,654. Th total out
put of ooal for year just closed
amounted to 9,43H.3s9 tona.ths amount
received at th mine for thia product
being IJ.MMS Th output of the
year, If It had bn sold at th aver
age prlco raclved for on r product In
I siM), would have Increased ths re
ceipt of our operator by 1534,411 34.
In view of the goral bualn d
preaalon, th small demand and low
prlo offered and rlvd for oust, I
am sgrably surprised to find th
product of our mines la ioaa of th
former year. Thar are unpleasant
feature eonneld with th situation,
however, for neither operator nor
miner hav mad any money,
"The Indication for tb eurraat
year point to a largely lavreaaod pro
duction, du lo demand ratd fur
ear Hai by raoit of th strike la
Illinois, but unfortunately ther I ae
litcrr in tb price paid for mining
or la lh prlea paid foreoaL (hiring
th year 411 mm, large and amalU
warw oparaUd, giving am ploy to at la
T.TU in a during th win tar aad I, In
ma durlag th auaintar aaaaoa,
Thar ware lgbt fatal aad taty
a aua fatal arvldaat. Th talutra,
la tb proaaeultoa of thlr wrh, ma
untad 14, Yen argsuf powder, for whtob
lhy al I ll,7 34
If you waat a bargaia ia iliiry go
to Mr. liow'. 8a will give yoa lb
worth of )uur tuouef, ItttOeirvat,
J at Iry a 1 0e hot at Ca iita, M t
et bve aad eewwl ragalatof eve mttx
