- i ytt1fr':"ll-M-lr'J" -j-"---
Wealth Makers and Lincoln Independent Consolidated.
VOL. IX.
LINCOLN, NEBRASKA, THURSDAY APRIL 28, 1898.
NO. '49.
Ml ISNOW DECLARED
President MoKinloy Bonds an Ulti
matum to Spain and Ordera
Havana Blockaded.
CONGRESS DECLARES WAR
126,000 Volunteer! Called-Ileg-ponso
Comoa With a choor
From Atlantlo to Pacific.
1.11 of I'rUtm.
Win Iiiim been formally declared by
ilm congress of 1ho United State
JiglllllMt Splllll (Hill llctlvC IiOhUIIIIi'H
have begun. The dul of the wur will
go down In hlnlory iim Hid Klnl dny of
April, IHW, J'i'fHiiiiiiit McKluley, act
ing In accordance, with tlio following
renoliil.loii punned by coiigrt'n April
JUth, ImmihmI uii ultimatum to Hpitln
ordering her to vacate- tlio inland of
Culm:
Joint resolution for tlio recognition
at tint Indi'pi'iidi'iii'i) of tliii people of
Culm, deiiiiinilliig tlmt tliu government
of Hpuiii relinquish i I m uulhorlly und
government In Mi" Inland of Culm, and
to wlllidniw ItM land and nuvnl force
from Cuba, und Cuban wiitcm, and
directing Hid president of tlio United
Hlut-c to tine tliu lund and naval force
Kf tliu United Stale to t'arry theno res
olution Into eH'cet,
VVherce, TJu) ubhoiTont condition
which liave existed for more than
Hiree yearn In the Inland of Culm, ho
jiear our own border huvo shoekud
the monil sense of the people of the
United KlntcM, have been a ilisgriico to
4 lniKt civilization, culminating, a
they have, In the dent met Ion of a Un
ited State battleship with two Jiun
drcd and slxty-nlx of It ollleerH and
crew while on a friendly vlnlt In tliu
Jiurhor of Havana, uud eiui not long
er be endured, iim )iiih been Met form
by the prenident of the United tStutuM
In IiIh incnwige to eongrenn of April II,
jHtin, upon which Hut aetloil of run
gren wan Invited, therefore resolved
Flint- That the, people of the, Inland
of Cuba are, and of right ought to Ir,
free and Independent.
Second -That it In the duty of the
United Slate to demand, and the gov
eminent of the United (State dim
jiereby ileum ml that the government
of Hpaln at once, rellixpilHh IU authori
ty und government in the Inland of
iilm and withdraw It land and naval
force from Culm and Cuban water.
Third -That the president of the
United State be, and he hereby I di
rected and empowered to tine the en
tire land and naval force of the Unit
ed State mid to I'ull Into actual ner
vlce of the United State the militia
of the Hcvcrnl state to Hiich an extent
Jim may be neeeary to curry these res
olution Into effect.
Fourth--That the United HtatcH
hereby dlHclniiiiM any diHpoHitlon or in
tention to exercise novcrciguty, juris
diction or control over wild InIiiiiiI ex
cepl. for I he pacification thereof, und
iiMMert i t h deteriiiiiiiil ion, when that
in acconiplinhed, 1o leave the govern
ment and control of the Inland to it
own people.
Spain wiim given forty-eight hour In
which to aiiMwer which she did by
withdrawing her minister from thl
country and giving our minister, Mr.
Woodford, bin punnport and requent
ing hi iioitant departure from Madrid
which wax equivalent to n dei'liirnt Ion
of war. (In April 2lnt President Me
Kinley started a fleet of warships to
Cuba to blockade Havana unci gave no
tice to the world of hi action and that
ti state of war exited.
The following declaration of war
wun adopted by congress April '..'5th,
und signed by the president:
"A bill declining that war enUts Ih
twecn the United Stales of America
and the Kingdom of Spain.
"lie It emu ted, etc,
"I. That wur lie and the mime U
tiereby declared to exUl mnl that war
tun. exixit-.l iinee the lMt day of April,
A. It, Islls, in. lo.liuw kitld ihi, Im
Uiitii the I'tiiled Slnl,.w i,f Amerlcii
uud the klngibiiii of Smin.
Unit the pn-Hlileiit of tlii Unit
ed M.1I1 h le and tie liereliv U illrecled
ttnd rinpuuerel lo .!. the entire land
the l.iunl l.iHen of the l ulled Ntatex
iiitd to 1 nil into tin- m'ttuil i i I,
I lie I niled the iiillill.t of the
kcVetnl kliile t.i mnli it it rvlfiil H
Iiiiii Ih li.it ,n In unit thin mt Inltt
tlTe.1."
t .n rlul bint kuile tf I'hImi an
lit flue vlblUhl and all fiilultfil
1 l wiif .tiiitd til kerp 4.
I tie I't'. t t Itepl fill t.f i tiij t' .f j
"Utlll"ll 1 .1111. 1. II ,.11 Vi. I ftl t itnll.t Hit. I
,lil,i. ik li lltr uinliiiU Hm.I . ft- ;
litil 1. 11 . t I isT ' ItiH it It r . I
I'MKilllKHt fMOCLA NATION
Call I'p tht Hiut iu Curttuh it) u4
Mtn lut W t Htiv
Mi M.I. tit h. (ni t a i4ll ltr
1 ;1 in m ti.l.n l.fii I, fnn i ,-, If
,,.. .!, , f il ..'li i,f,l. 'I'lm fi.i,. li.j
llti f ill I. til ll. pirn UiiihI t.m ;
).,,,.!, l Mil HI I til l-.tttlftVM, w
l.tlv.l " tl t.i fM.M.U t,.r lit In
inakliitf itf the itl,. v fUt'liliHii
,if t iiMvil MIaU In Him uf r
nl , thrt tiijiMn.," piiiH A
til IJ. lu, I h ivl.l.iil wit miiHiifU'
nl. tu iti.lrr lit isl tulmiii er riiv
ttt Uu H pi Umall.m mllliirf ft
volunteer to aerve hi the army of the
United Mate.
Now, therefor, I, William Mc'KInlcy,
prekldent of the United State, uy vir
tue of the M)wer vented la me by the
eoiiMtitutioii mid law, und deeming
mi tllclcnt (x'cunlon to exint, have
thought lit to en II for mm do hereby
cull for volunteer to the aggregate
number of 125,000, In, order to carry In
to piled the purponu of the ald law,
the Name lo be apportioned a fur a
prriu'tleable among the nevera! ntnte
una tern tone ami mo j)itriot or ui
uiiiblu, lu'cordlng to tMituihitlon, and
to nerve for two year, utile nooner
dlwcharged. The detail for thl oil-
leet will bo Immediately eomunleated
to the proper nuthorltle through the
war ileimrtmetit.
In wltne whereof, I liavw liereunto
net my hand nml eauned the neul of the
United Slnteu to be affixed.
Done at Wimhlngton, Ihl 23d day
of April, lHOH, and of the Independence
or the united Mate tlio one Hundred
and t wenly-neeond.
(Seal) VVIf-UAM M'KINIJCY.
My IhiJ rrenldent!
JOHN SIIKItMAN,
Secrelary of State,
What the ntnte nniHt eontrlbutfl un
der the call for 125,000 men:
Alabama 3,(100
ArluuiNim t'.OL'S
California a.2:iH
Colorado 1.2UH
Coneelleut 1,007
Dclewnre a t I
Klorldii 750
tieorgla 3,174
Idaho ZYi
iiiinoi n.noH
Indiana 4,402
Iowa .'1,772
luu i nan 2.77M
Kentucky .,, 3,407
LouImIiiiiii 1,1)10
Maine 1,2.10
Maryland 1,042
MiiMnaehuneltM ,,, 4,721
Michigan 2,:iOH
Mluucnobi 8,874
M UhIhhI iipl 2,257
MlNMourl ,,. S,4U
Montana R24
NebriiMlio. 2,100
Nevada , i:iH
New HampMliIre 7!i2
New .Jerney 2.0H2
New York 12,613
North Carollun 2.5N4
North Dakota ,,, 8fil
Ohio 7,234
Oregon H29
I'eiinnylviinla , , . , , , .10,710
Khode Inland 710
South Dakota HftO
South Carolina 747
Teuuenne ,,, 3, Olio
Texan 4,220
Utah 425
Vermont , 034
Virginia 2,013
Wellington 1.17H
Went Virginia 1.3H0
Wlnconnlri 3,274
Wyoming 231
Arizona , , INI
DiHtriet of Columbia 440
New Mexh'o 3.10
Oklahoma 143
War lnrliiitut lu tin Cult on lMfl'nr
rut lveriiir.
The war department Im-humI a call on
the Htaten for their quota of troop
under tliu call for lii.'.OOO ineo, an fol
low: Alabama Two regiment infuntry and
one butullion.
Arkanna Two regiment of infantry.
California- Two regiment of infantry,
two battalion ami lour heavy hatter
ie Colorado One regimcut infantry and
one light battery.
Connecticut One regluioutof infantry,
oik light battery mnl two heavy but
terie. Delaware One rrgiuieut of infantry.
Florida One regiment of ii, Ian try.
(leorgia Two regiment ol inlnutry
and two light hatterle.
IllinoU Seveu regiment of inlautry
and one regiment ol cavalry.
Indiana Four regimcut of liiluntry
mid two hlit hatterle.
low 1'hnw regiment of infantry ami
t wo light hntterie.
Khiimiim Threii regiment ol Infuntry.
Kentucky Tlirm ri-gimeiiu ol lulaii
try ami two Iroopnol cavalry .
l.ouiiann Two riuiiuciit infautrv.
Miiiin -dnH rgiuiiiil lulnulry und lour
henvy batti rim,
Maimiielmpeiu l our reiiuent o( lie
luiilry nad thr.-.-hmiv v bnlterie.
Miumiotit Threw regiment ol lulau
trv. Mimim piiTo uiiiient ol iiila nt r.v.
MiMourt I'ivm regiiiieni ol inUutry
win! one bglil httery,
Miilitun.l-llliii reuimeiit ill Ihfmitry,
Nt hrnitli -To t uuiieiiU ol lulimtry
w IUniliir - On fgiiiit'iil ol in
l.iittrv
N Jerwy 'tir rgiiuviit ul in
hi itlr,
Ni' in k - T Uv r tiin'i'att tf iiihiu
tr Hud lii tiuo ill i hv tr y ,
Niif Hi I Mrnhiiii I'ttn riiii. ul ini ii
Irv mnl (i Iieiy hiittirv
littiti ,u riiiniiin iiilmtri, I. Mir
I M t hitilttlt uu tii .iitdriu m
ulrv ,
l.gtl. tliu. ( Villi. Ill lulMUlft
I't lllt l HUllt I, , tll,lu ,U IK
litnlti Mini lour l, t)t I tllr.
Iillli.lv liitll 'HI. t(,llltt ll.ttHlfl
MilUlh I MlllH Olt It I Hit, I. I Otl.H
rf, im lutiuikow ii tiH It. tr jr h it
lr.
iihn.vMt Ur t4 miI iKltNlit
- vlnKnU ibittutrj m,. I
t itutivHi iwvw'rjr
I ifc- i iitmp tlr; mi,1 tijt4
i i'tif mm,
tltit- Mlmitl lUly.
ihiiiTM HaiiiMt inUkiri.
V w-iitii diun ot ruHu luUiiWy.
Wt i.'i- tu rtfir4Mm iuiiT
lt.utl w I UU !')
01 MONEY AS IT IS
v
An InteroBting and Timely Article
on the Money of tbo United
States.
00NSISE STATEMENT OF FAOT
"Flat Money" and'Tntrlneio Value"
Ably DicuBHodby a Finished
Boholor.
Wlmt In Money.
(Ily John 1'. Ht, John.)
1 it the market prlco of gold am
nllver bullion, or the ntamp of the gov
eriiinent I hereon, bucked by the law
Hint llxe the value of our money? If
It I the market price, then nu rely he
who talk ho long and loud about
"fifty-cent dollar" I right; but if tin'
value I llxed by law, then the market
price, of the bullion 1 wholly lininnU r
lul.
The market price of bullion U gov
cl ued by the Mtipply uud demand. Un-
rentrlcted Coinage of gold ha created
an uuliinlted demand for that metal
coiiMfoiif ntly the bullioit In a gold
coin ha always euuiillcil tint coin'
fnco value. Should gold liecomu o
Hciircc, and the deuinml mo great, u to
force the value of the bullion above
that of the money nUmip upon It, then
the bullion and not the money would
at oneo command a premium. Every
full weight colli lnued by our govern
ment I an unlimited legal tender for
an purpone in our country, nuppone
that Tike I'euli, ly nome lnlraculou
trannforinatlon, nhoiild nuddenly be
come u moiintuln of pure gold, and t he
niipply of thl preciou metal be tliu
multiplied iilmont beyond computation
would that change the legal tender
quality of our gold Coin? Could we
not lawfully pay our debt with it af
ler a well a before hucU tranforinn
Hon? The enorinou liierciwc of the
metal upon which the governincnt
Htainpn it money might rewult In nucli
mi luereiine In the volume of coin a
to lenneu It purchiinlng imwer, but It
l.l ....a n'....k l . i l ......I , . .1
tvi'uju in; i, iiiiuci in icx'ti U'liORi" ir ll-
lly In the leant, Now, miiiiimi that nil
ver eiiloyed the privilege of fnni and
uiilimltf coinage at the rntio of l'l to
1, j i j Ht a gold doc today, and that
every nllver dollar wu a full legal ten
der for ull piirMi.'N, junt an gold coin
In; ilocn any mine iernin, in the face
of thl unlimited demand for nllver,
believe that 412Vi grain of Mamlurd
bullion, the amount upon which, un
der the law, a dollar I Mtamped, would
not be worth In market 100 cent? Hut
Miipponc by Home unknown iwiwer all
the nllver iu the world except that
Mtamped for money imriMme nhould
Hiiddenly be blolb'd out of exUtcni'c
forever, and that, by reiinon of the
scarcity of thin metal It should itfcom'i
jump to $20 per o, would that fiu-t wi
hiiiii'eHielegiiHendertjunlityof a nilver
ii il In r ( on li I we com'l any pernon
to take It for more than 100 centn?
Could we not lawfully liquidate our
delitn, both public and private, in gold
j ii Ht- a well a iu nilver coin? Would
not a gold coin nerve our purpimi-. an
money junt an well a a nilver coin?
Could there be any luck of purity of
value under Mich eonditloim between
our dolluiV.'
When I npenk of "imrlty of value"
I don't wlnli to be iinilerM'Mxi a refer
lug it. gold and nilver bullion, for it
iinint lie borne in mind that neither of
thene metal in money. Tbey art only
coiumoditicH upon which money in
Mumped, uud without that ntainp they
are no more n legal tender than corn
and wheat, or rbeef and Hoik would
Im So it will be nee n that it U tint
Mump, bucked by the law, and not I he
I in-1 ii I , thai coiihI ilnten mouev.
Some uf our gold Mtiimlurti frlembi
who have probably given but little
thought In the qiicnliuu have linked:
"Why mil hate free coiint;e of linn','"
I lie aiiKitei- in t hive-fold. Flrnt, Im
caune our I niti-d Slnten ImiihU nir, nt
the option of the govi ruuieut, piiyulilci
only iu gold und kilter coin of k I'lrlin
ile Muiiiliiiid.llieit ftiH Iron t.iln tould
nut l.itt fully U' iiu-il lit iindnle Hicmi
tilht,'ittliii. Stt-tind, the i'Hritiue of
I hiiiiHiiuiU of yctitu h.i di'iiiiiiotliiiletl
the f it I lli.it tindt r wluil li.i tiMinlly
Ih-i-h Ifiimd free ctiinitge, or tliitice
ttitluiiil iIim i iluliittliiiii, Ihe a 1 1 1 1 td
Viild mnl kilter tiptni tthiili Ihe litl
Iiu-il ttmld h l titiuHt U Uti in, .it
l.l h.i Jiil uIhiiiI ttipt tce Willi Hie
ti till (unite lll lll.llllU l.f llttllv. I 1.1 IV
li -. nt'ter In-eii. mi, I l U mil ,, ,
Kivllt tl.llf ,tl Hill H ,.t, 1
tl .. lit. 11 t.f lllltt r in. t.l. In i, irr
iii.tde .t nu.l.L,f H.' lifter itte u '
inn. li y.,l. ,in I mlti r v lu.tt i.nl
lo 11 j''l t 1 l-llt Ilia lU u I if , t 11,11
ttill Illi.t.l , t t t.tllot t lit ,l.-lil.mt
1 .' il.l ol tin 101 1.1 U, l.i.l , hi-
i , ii ttiu u- t..ii i.tt 11 r.tiiit 1 1, ml,
lb. t t.,, I, nil,., Hltl.llltil t.f Ittilt I 1, llttf
Ml.li.l, lift' I I 'II4H I it I I I I , .t ill
1th1. lt II (.i.bI-h v,l, if 4,
.1 iii-.iit t H i ll tut,!, f ti t . ai t mt
IiiiiiU''! i.li..ike Ut, ... rl ,i 1 l)r
vi. I. uu. 1 tf ihiiu.i i H, I,. !(,,, il,,.
"('ilt m Itnn It yilt Ihuu IK.i .If
j ii.itinl II 4l U put, luti.ii. mr t,...,
i I" ltlnii'l iblf.it.l tint If I ho i'l
j I ly ol ItiHt mi li,,,,l.. Ii, ,, , ,
I U l. i'i plt t.f i., uud ittn, ititd
jlh, ittipplt uf gi.l I itti.l (dtrr w
j km 4t 11. nt it it.trt, wu.) tttir n
jrttl il.l t tlli U ifttl.l BM, ,,.,
wf h.m.Ui,,, llim f ill (,,,1 t,.
lr uiii tf Hi Kitti nutrkt ttt 1ihi
would be Junt a goml n it i on gold
and nllver today.
Under prenent condition our bulo
money 1 llinltcd to the liroductlon of
gold, we have wickedly destroyed the
full legal tender quality of silver and
tliu robbed ournelve of one-half of
our primary money. ...In wa good
for the bondholder, but ruin to the
nior moiiIm who fiwit the bill. It I
amiinliig nml yet humiliating to every
Intelligent citizen to hear enator and
member of the lower Iiouho of emi
gre, nml even our president, talk
about the "lntrlnle value of money,"
Junt n If mieh i thing exlnted. The
truth I. money lin no lntrlnlo value
and never cun have un long a It value
I fixed by law. It i equally nbmml
to ce woiild-bo tnteinen tand in
high jilaee und In thunder tone de
nounce "flat money" when there I not
an Intelligent woman In the humblet
dug-out on the plain of the wet who
doe not know that all money 1 flat
and that the legal tender flat of the
government I junt a good when
Nfiuupcd upon gold or nllver. In cither
cane the money 1 Junt n good and not
0110 whit better than the government
that created If. Let u bear In mind
(lint no unrentrlcteil legal tender dol
lar Innued by our government wa ever
at a dlncount, nnd never will be, for
the reimou that, back of each dollar,
whether gold, nllver, or paper,, taiid
the name people, nmo material ro
Mourccn, name government and name
law, Ho long ft the government 1 nt
par II full legal tender money will
never be at a dlncount, Itcatore to the
people free and unlimited coinage of
bold gold nnd ilver nt ft ratio of 10 to
1, and nuiko every dollar lnued by the
government, whether Htamjied upon
gold, nllver, or paper, a full legal ten
der, and we would then have proniwr
lly not made to order by a partlNiui
pre, for partisan purine, but a real
genuine pronperlty that would touch
and blen the common people.
General News.
Hinroloek ha pnJ a tilun o'clock
curfew ordinance end tlio flrt warning
whintlo wa blown hist Haturduy evening.
It I reported that several American
merchant vcnnel have been captured by
the Hpaniah men of war, but the report
have not been continued.
It I reported that two or three ol the
prize captured by our navy may bo n
Ihfu! to Hi mill a the vemil wele
wilziid before war wa formally declared
The crop outlook in Xebranka I very
flutteriiur The noli I molnt and in
prime coudltion, and farmer are going
uticau rapiuiy wun spring juowuik
planting.
Willhim K. ntailutnno. thn irrand old
mun of England I confined to hi bed
and the end I nellevea to oe near.
Friend and relative are gathered about
hi bed.
Chan. B. Smith, of l'hiladelphia, ha
been named to nucceed t'ontinanter (len-
erul (Jury who renigned on account of
(ailing health. Mr. Hinith I a nown-
pnpor mau 01 long experience
Hi reported tlmt Kid McCoy, who
han unpiratioiiM to be the champion
iiugulint of the world, in to enter a medi
cal mcIiooI at llaffalo, N. Y., with Hie
Intention ol becoming a full-fledged pby
Mician.
ltia Htated that nearly forty new
creamery association nave incornor-
ated In Hie tate 01 iNetiranka since Jan.
l.'t7. The dairy buniue I rupidly
di veloping into one of tbe best puyiug
Induntrie Iu the state.
The hank ol Keanard, of Keuuard,
Washington county, wa granted a
charter Tuemlay by lu state bank,
lug board. It will be a private bunk
with a eHoititl stin'k ol Ij.iiuo, nml
owned by John H, CtHik ol Ulair.
It I stated oltieiuliv that F.uropeun
nation will keep Ihtnr haicu off nad
allow iSimiu nmJ Hi l uitml State to
nettlti their owe troubliM. Iu His event
that any of I hem interler, riiglaudh
practically pltxlged liermiK In stand by
the l uilml Stales sgtlimt His world ll
uewssary.
John Abbott, bookkiieper In thn olttcs
t Vudiior Cornell, ha rugu t, and hi
luiv will b IUImI bv Fred Jtmll. lio
has t-t 11 i-niplovml la tbw oltl.v oies His
ginlnliv UiVfligllBg ciiinitiM rliw
e. U work. Mr. AlibuM del kol realgll
no in r, but lo go iuiti Hi tuu.
iiiiMitin husiutw.
Ki fidsry ol stats John HWitmn nl
m ki rigiiwiitia hvl I uil Mini il
mim i.rtuiiiillv aivriiltxl, d Jt lrf nil-
liHtil 'it oll'lilti i leiui"! l.l II I ltia
pbttw. I smiltir IliHMMtflt nt Nf nrh,
i rn u"l 1 tifthr In gti Hi irniti
I t.llHllUH l.f Vl flllirlll, Mud Mr, J dill
V Vbiurs, ol N w Vtk. h h n
Mtiu4 nu'tuiil sriry in nl ln
l'l'.
Iks iui..r tirk m Hultl 1. Il.,
Sm h U4 l wiwdti a Ur ii(hih
tt mtlif In Ih wf i.-miIiiivii, r
MtrlH dlroi.4 Tl4f lifrsim
bt lks lpltvnt, I kslrsl H I (.!
(. ! w la Hi Mil iii lwl, Mil mm
Htw ws iiu wkiW a tiwf su
lit Mifiti isjaritNiw I t ihiw -tr
nl lit wtul wor a I I ma
triu 1 u lutMiaii tHi.l-r tu ik mrw
Ht I et sill) W RltTvl Nil ta ht
Ivif Ikes pU witin. it II la
ims4 t t dn lt vUl.
BONDS OK GREENBACKS
Wbloh Shall the United States
Issue to Carry on the War
With.
McKINLEY VS. JEFFERSON
Organ of Formerfor Bonds Author
of Declaration of Indepen
dence for Faper.
Whli hHlistl It list
When the last war closed In 1805 the
expense ol the government are said to
liava been $1,000,000 per day. Wo had
then under arm over u million men and
our four hundred ship of war lit coin
trunnion, With the mobilization of 125,
000 militia and manning of u hundred
war venNul, the extraordinary expense
ol the government will rise to a largs
Minn, although they will not reach the
figure of the hint of the rebellion whim
every nerve 01 tun United talon wu
nl rained to crunh out treason, llow
shall wo meet thl expenditure I an ur
gent Question which ought to he met
with patriotic purpoH. It I no Hur
on Hint the men w ho have been try
ing to load us with bond in time of
ieuce should become clamorous as
soon . n war 1 In Might. The Chicago
TiiiicH-llernld I the great newspaper
representative ol those . Interim!. It
editor, 11. II. KohlHunt, I the intimate
ocrsouul friend and udvlner of President
McKlnley. In the issue ol that paper
he outline the policy proponed at thl
lunctur A few extract will be interest
ing to our reader, say the Tlmes-ller-alii.
"Iu war the ' government must have
money, nnd the better the money the
Ie will be the expense of the war. Hit
the gold bai taxation will be lower,
the national Indebtedness nmallnr una
the rate of Interimt less, and neither the
preeut nor the future generation will be
loaded ho heavily wit 11 debt,
Kvorv tliouulitful student of finance
know thin, and it ha often been dmn
onstrated that the civil war cost u more
than three time what it should have
done, because congress adopted tbe
paper money bi."
Sow there' meat for a populist In the
first parugraph, "Ihe better the money
11... I.Miu ulll In. Iim 11 ruttm if f hi wa p
1.1, ,7 I'-nn nil. I.IV ,...r... w. ..' T. M a .
Then why not go to tlio diamond stand
ard or that of one of the rare metal mid
reduce the expense of the war to noth
ing? Every common sense farmer
know that the cost of the war I not
paid In dollar but In wheat and pork
and corn und muscle. And when the
Times-Herald nay that taxation will be
lower uud the national ludebtedoe
smaller, it simply nay that produce will
be lower uud the command of the mun
who lias a gold bond or dollur over His
product of labor will bo greater than
at preneut.
The statement that the civil war cost
u three tune a mticn a it snouiu be
cause congrus iMHumi paper money, 1
another way of Maying that labor coin-
muudud three time u much for it ser
vices as it did before the war, and that
the inspiration and stimulus to all kind
ol industry produced by increasing the
volume of currency enabled us to meet
all the sucriUce of the most gigantic of
modern war und eome out ol It free
from individual debt and with all our
Industrie prospering. The Timea-ller-aid
koch on to tell us bow to nicet the
exfsnH of this war:
The committee on way ami mean
I now ut work devising new mean of
revenue and providing lor a war loan.
Probably 150,000,000 will have to be
rained before many month pas and
that ran ouly be ohtaiued by borrow
ing. That our credit may be ucu that
Ihi enormous sum can b obtained nt
Hi lowest rat ol Interest and upon ths
easiest ti rins, the currency reform bill
recently submitted to the house by
It.. I tri-m. 11 tat Iv Mi-lleary ol .Minnesota,
and which wa referred In thsruiniuitle
on bauklug and currency, should b re
ported at one and pn-i by Hi hou,
TM 1 in mil itrnparmi iv uni'oin-
uiitt'f, MiHwr. .Mel leary, IVlnc and
Milrhell, li lea Is bMM-il o ths indiaun-
ikiIi uiouetttrv iHioiniiwiioa lull end l-
ready euiiiiiieuietl mi by lh 1 nne-llef.
aid. Il ha lh approval id ths Indian.
MMili riis'ulivs etMiiaiiltee, and i a sn's
ami eoiiservativ iiimur ul Moi'ii
With ihi lli law on our llui books.
ths money ol lli world I wl our ruin
niud, ut w tan bnug war In a sirdv
and ntti dul rl nw,',
It ul Im rnalM thul ihsTtuiM llsr
aid wagiug Ingiv u a retipl lor
i-nrrilu oa a r l a vr slighl!
prtiw l y tieip'y luesiiig Ihs vabittiil
lh 1i.1i1.tr t 1 1111 iisimi i im mors
gllllt' r, 1 UU I I'-llTlla'M. 1 Mt
l,s Rrst toil f limn lis lilriMils
a Bti hun Ir.d anliioa tlo'Uir lir)i!
'rwil'tit Un it! nit' aiid I'm,
imtiMi at Itrsi In nmin rUl innlu
iWtfU l.s. tt t.ur gold I!tdr4
trsk'U Bt am in In kts 4 t'bt
mr witlt a "a i-lf wn. it-vlttl ,
tlttM" lNik d wa Itlf Vl,iKi,isi
!).. hh r sisriwl. j
Tka Ik lna hiss! t a "i.,cmU
Ins'' bits hs " iiUr .f" lm i
lktkir kiiki bit, fy IK sold
Inii.Ur I a ilhonll ;
" aiiiiruiit Ik lo it I Hf.lnr
Iti Mtsfc II Hi"i'w' a -r Is Wads,
rknt. imtk pri t Win la lkw l
wriMilli4 Ik sMt-rvUri wl Ik tnaiy
itrii( ul"nlei IrniN lulinJ.
-! td st nl kxl k-a4 lk tlta l
t a r-e.ir.1 .il it sb i( li.is In ,
U atdia InHtlt la U ki M lkl
purpose, ItiMtead of Issuing the usual
lorm of un engraved bond. Thl I the
p an adopted both In France and Eng
land for popular loan, nnd It make it
very easy for the people, beouuse such
subscription can be made at every
money order postofflco In ths land. All
thesa can bo made a matter of record at
Washington, and thus each subscriber is
hn safe as if ho possessed a registered
bond. t
The plan ha long been In operation
abroad and ha proved sutisluctojy
alike to government and pnople,
Thess money raining measures ars as
essential to our success in war as the
possession of armies and navies, and it
I the duty ol congress to act upon them
at oneo," , ,
Ilefreshlng contrast alter rending this
mingled mas of contradiction, soapsud
uud treason to American Interest to
turu to the word ol Thomas Jefferson
In presenting a fliianulal program when
thi country whs at war with the strong
est military and naval nation on earth.
Juns 2i, IBia, Jufferson wrote a com
plete outline of hi plan for currying on
the war then In progress, without creat
ing u national debtor borrowing mon
ey Irom foreigner, having previously
matured hi Idea by longr and careful
study of ths subject. -.
" We are uu ugrioulUrut uaHoU," he
wrote. "Much a one employ lis sav
ing In the purchase or improvement
of laud and stock. ' The leudable
money among them i chiefly that of
orphan und ward in the bands of ex
ecutors and guardians and that which
the (firmer lay by until ho lins enough
for the purchse In .view. Id such a no
tion there I one and only one resource
for loan, sufficient to furry thin
through the expense of a war, and that
will always be sulllclent , and in tbe
power of nn honest government, punc
tual In the preservation of Its faith. The
fund 1 mean I the mas of circulating
coin, li very one knows, that although
not literally, it i nearly true, that every
paper dollar emitted banishes a silver
one from circulation. A nation there
fore, making Its purchase and pay
ments with bills fitted lor circulation,
thrust an equal sum of coin out of cir
culation. Thi Is einivalent to borrow
ing that sum, and yet the vender, re
ceiving payment In a medium a effect
ual a coin for hi purchase or payment,
ha no claim to future 6. Ami so tbe
nation may continue to Issue Its bills as
far u Its wants require, and Hie limit of
the circulation will admit. These limit
are understood to extern with us at
present to aoO,000,000, a greater sum ,
than would bo neessary for, any war."
In the war of 1755 our state availed
itself of thi fund by issuing a paper
money, bottomed on a spec! Do tax lor
its redemption, and to Insure Its credit,
bearing interest at five per cent. With
in a very short time, not a bill of th.s
omiHHion wa to bo found lit circuit-1
lion, it wa locked up in ths chest of
executor, guurdiuns, widow, farmers, i
etc. Ws then Issued bill bottomed on a '
redeeming tax, but bearing no Interest.!
Those were readily received, and never
depreciated a single furthlng."
in the same paper he declared that
"every country permittinir naoer to bs
circulated, other than that by publio
authority, would end la bankruptcy. ,
lu other word, the only safe and legiti
mate tiaiier money is that which I
emitted by authority of the government
and bottomed on tbe taxable wealth of
the nation.
Again on the 1 1th of Runtember. 1813. '
he still further elucidated hi plan for a1
government paper money, always avail- j
able in time of need, and ample enough '
10 imiei every emergency, iie said:
"Tbe question will be asked and ought
to be looked at, what Is to be the re-1
Nource if loan cannot be obtained?
There Is but one, 'Carthago delendaeet'
Hank pafier must be uppred, and
the circulating medium must be restored
to the uution, to whom it belong. It is
the only fund on which they Aim rely for
loans; it 1 tbe only resource which can
nsver fail them; and it I an abundant
one for every necessary purpose. Treae-'
ury bills, bottomed on taxes, beariug or
not bearing Interest, a may be found'
neceiMary, thrown Into circulation will
tak Hi place of so mucb gold and sil- j
ver, which last, wnen crowded, will find 1
aut-lflux Into other countries, and thu.
keep ths quantum of umdljuiat It sal-'
Ulary level." ,
Then I a limit, of course, to the Issu
of ptr money. Ji ff.-rson placed that '
limit at f J0O.oo0.lMMl Hghty-tlv yi-ar'
ago. Our nation i at luast thirty times'
as strong as il wa then. W nave siuen .
then tested Hi strength of paper cur
rency hi a great war which shook the
vry Inundation uf His govsrummit. Yt ;
no, at Hi uutt ol a war with a third
rla nation, uiiabl In lava-l us, we
nillsl ImUW f 'lOO, 110,1 km) buml,
Whieh shall II lm Hi McKlulsy organ
or Thome Jvtfi'Muu? ,
A I tMM4 f MukM.
Tb wralin uf Juba lk ltetflUf
Ut Ui'W re hod tbe sunt of f JHOOo,
(Hi) iel. futlht ruiur, U tut rluif at
Hi tl i f 1 1.600,0(10 a im vtb, M 130.
000 a iUy, er i,U) an bvur, H 6d
a tuiuuin, t AT riii svtry t-.l et
lime, tl iy siid bight, fuii.Uy a I U ill.
il. .Nt weiidtr the iu4w cell on the
t hut. hv au r4)ry4 l'l tlls felit bl
iu i.f hi Il ls. lll.a l'l,
t ttrd ti
i Jimwin see in l.i hits Wi
'Ulng la kiir.1 lutk. II ki h t
Itflltlit k. l-al lh Hnr h mts
VI Ink II I ..Id am It wa iklH
lutiney kn4 a.t wi )Wti luy
t Hf f tsttt ! Jim nut
tt - .' er4 lttdUt a IL
Mr. .tr I fc.t Uwal4 al 11 O
11., asv lil i nd fhspf ikat aey
mUHar le ,Nbfk. j
