Legislation Needed-CorporstloDi, Btata
Hank.
Editor Independent:
OOBl'OtUTIONB.
Much baa been said and written by
populists against corporation!; yet no
practical effort bai been made to eat off
tbeir ipecial privilege or wipe out the
Vila connected with doing business
through corporations. At the outset 1
want to say that the real and only com-
Blete remedy (or the evils complained of
i a radical one and but few people are
ready (or it That remedy la co-operation
o( all the people. The growth of
corporations ia a natural one under the
competitive system. They are the re
sult of the desperate struggle of men to
scape the destroying effect of competi
tion. Men combine into corporations
and trusts (or the sake and benefits of
co-operation and ao as to be better able
to struggle against competition. They
thua engage in a limited form of co
operation. When wealthy men and cor
porations combine huo trusts and syn
ditates they are seeking by limited co
operation to protect tbemsolves against
iininiit.itlnn. Thev exonerate (or the
benefit of a (ew. They thereby accumu
late more millions,' but the multitudes
auffor In proportion to their prosperity.
Hence I say the radical remedy Is co
operation o( all for the benefit of all.
This would wipe out all corporations.
We cannot reach this now. We must,
perforce, permit the root of the evil to
remain for a time. Yet we can do some
trimming. , A
First, then, no corporation ought to
be permitted to organtoe without a fully
puid up capital stock; It ought to go In
at its real value. To enforce a law of
this kind throe of the county officers
be constituted appraisers of all property
intended by stock holders to go In aa
Julsr Clearing1 Oaule i
DAY.. $
part or all of the capital stock of a cor
OH.
rra
if rigidly enforced, Such regulations
partition.
would
Those two requirements
prevent watering of capital
stock
could be made to apply to existing cor
porations alter a time in m iuiurw w
be fixed by the act, and thus compel
them to s'iuwe out the water they now
carry.
Hecondly, all corporations owing or
enjoying the benefits from franchieesln
any city or village ought to be required
to pay a stated per cent, of tbeir gross
earnings into the treasury of such olty or
village as a tax and as compensation
(or the franchise enjoyed. This could be
in lieu of all other compensation and
thus two purposes would ba accom
plished: The public would receive some
thing like a reasonable compensation for
franchises and the incentive to buy coun
cilmen would be removed. Of course we
claim that no franchises ought ever to
be granted to any peraon or corporation
by a city or village: but until the popu
lists Idea of city ownership is generally
adopted we ought to do the best we can
to get even with the favored few who are
enjoying these special privileges.
STATB BASK.
An effort was made by some of the
populists in the legislature In 1897 to
render state banks safer as depositories
ol the jieople'e money, but they failed to
receive the support of enough legislators
to enact a satisfactory law on the sub
ject. In truth there is no sort of banks
short of government banks, that Is,
those owned and operated exclusively by
the government, that are safe. Dut until
we get them, and they will coma in time,
thelest thing attainable is to tax all
state banks for the purpose of creating
a permanent fund in the bands of the
state, out of which to pay the depositors
in banks that fail. A scheme of this kind
with reference to national banks was
proposed In congress some two or three
years ago but it failed to pass. It is an
entirely practicable plan and ought to
! nnnllod to state banks.
When the measure was before the state
Henate In 1807 tbe argument was made
by its opponents that it would make the
state bunks so saie inas iuuj wumu go
n thn btiHiniws away from the natioiml
t.nnks nd so kill tbem. Of course it
unnlri trlvB the state banks an advan
tn.rA Thn national banks would thus
he compelled to ask congress to treat
thorn in like manner and so all of our
banks would be strengthened.
It is certainaly an urgunt duty of gov
nmnt to r.rotpct the neonle s money
in some manner. Hanks do business and
make milllous of money by lending the
money of depositors at a high rate of
interest. More man uu per cm. oi mmr
made off of the money of d-
nrmitors. Their privileges as bank
are special; and they
privileges as bankers
are, in large meas-
iim nmnntiolists of money. Ileuce tbe
government, until government savings
banks come, ought to make depositors
absolutely sule, if possible. There Is no
plan that will accomplish this so wsll
(under tbe private bauklng system) as
to levy a tax upon all state banks, to be
paid to the state and held for the depos
itors whose iuony Is lost in rotten banks.
In surh eases tbe stats would taksall
ti itMWHs of the failed bank and turn
the net proceeds Into the safety fu ud, to
uiiliunt the tax. .ill
Kearney, Nb,
I AX l.
('II lor t'aii.reaelat .I'aaveatlaa,
A daliwats convention of the People
ln.l.inJB.t iartr of the 4th (n
lonal litrtt of tbe Mute ol Nebraska
i urvhr cttllad to ntt at the eitv
York, York County, Nebraska, oa Wed
aady, July aTlh. at o'elo k, p.
m.. Ur tbe iurMM in piaviug in auwia
tia ona candidate lor einraawaa
or the r'uurth t'ungraasuiaal iHatrhsl l
slirUka aad tor tbe traasartloa l
au. k utsr buaiuaas as way eonis Mor
Ik miaieutttta.
The boa's ol rvprtasalalloa U the tote
aaet Kir Us ra4llet. 44 lk 1 WI'W IS
.lia.tvat I'aMt Kir ewae'raa ia tbe
laud, and in'S (Hiuslt la said d
trwiaill alloaad n dWaie lut
..... k kuiilial vo.a or mal.t (ratitua
tkaraoliMMt Kt w UUawt I- Mart ia thai
ar. bwh alil!e tka rMfw tl tl
tie, to Ibe Mluatag SM'r
path ........
llM
J1vfi ...
i.r
itlMur ...
It
a
u
......i?
l.U.
Hr4 ... - .
W
Hajivi
lUmiltwa
Ttl ...........
tl U haniBiaiaa.UI that Uslea
.Ut-I tr all U-leaalee, (bat a mnmi
I adMt aa4 that dmi ra
asl the ttf tuW rvapwliv
Iim I. IU aa, r
iWraUry, tkaitatsa.
FOR m
JLO
You will be delighted and surprised when you see the Beautiful Bargains
we have placed on sale.
Wash Dress Goods
8c a yd. all Co Wash Drew Goods; sale price So per yd.
6c a yd. all 7c Wash Dreee Gooda; aale price 60 per yd.
6o a yd. all lOo Wash Dress Goods; aale price (o a yd.
8X0 a yd. all 12tfc Wash Dress Goods; sale price 8!fr a yd.
10c a yd. all 15o Wash Drosa Goods; aale price 10c a yd.
12o a yd. all 18o Wash Dress Goods; sale price 12c.
Men's and Boys Shoes
Men'a Lace and Congress Shoos, signs 0, 10
and 11; worth 1.35 and L0O; ealo price
per pair
Men'a Lace and Congress Shoes, all sizes,
broken lots; worth f 2.00 and $2.50; aale
price per pair
Men'a Lace and Congress Shoes, square,
pointed and plain toes; worth 2.t0; aalo ff AC
price per pair W 1 w tl
Men'a Lace and Congress Shoos, various
stylus; regular f 3.00 shoes; aale price per
pair
Men's Tan Lace Titus Calf; coin toe; sizes 6
to 0; regular 4.00 shoes; sale price per
pair
Ten pair Hoys' Shoos; alios 12 to
regular f 1.76 shoes; sale price per pair
$1.00
$1.60
$2.35
$3.35
$1.00
LinenandCottonTowrng
2o per yd., Cotton Towolling; regular price So.
80 per yd., Cotton Towelling; regular price 4c.
4o per yd., Cotton Towelling; regular price 5c.
Vfi per yd., Linen Towelling; regular price 7c.
80 per yd., Linen Towelling; regular price 10c.
100 per yard., Linen Towelling; regular price 12I&.
12!4 per yd., Linen Towelling; regular price 15c.
1-5 Off
On Ladies9 Shirt
Waists and
Wrappers
One lot Ladies' Shirt Waists, dark colors, were
fl and 9L50, clearing aalo price, each
39C
1-5 Off
1-5 Off
On Laces and
Embroideries.
On Underwear, Gloves
Mitts. Sun Umbrellas,
Worsted Dress Goods.
25 Percent Off
On Men's and Boys' Straw
Hats, and Ladies' and
Ladies' and Misses' Shoes.
Ladies' Kid, Tan Lace Shoos, patent tip, coin tf CC
regular si roe, were 92.00, sale price per palrtp 1 iQw
Ladioa Kid Tan Lace Shoes, vesting top, stock
tip, coin toe, regular price 92.50, aale prlcetf A AA
per pa.r. 1, f ... , ,it, ,,,,,, ttl, l,,l(l,,ill.,litii.lK'a4iM V
Ladioa' Kid Tan Lace Shoes, stock tip, colntfA J A
toe regular.9U.OO Shoes, sale price per pair..Qa3 9
One lot Ladles' Kid Shoes, small slues, werotf A A
91.75 and 92.00, clearing sale price per pairs? 1 iUU
HO pairs Misses' Kid Button Shoes, were 91.60 AQ
and 91-75, per pair , FOv
Prints and Muslins.
40 plocoa Lombard and Belmont prints; reg-Q f Oa
ular price 5c; aale prloo..., .,,.0 I "4v
50 pieces Simpson's, black and white and J Q i.
fancy; rogular price Or; sale price t Oa7U
One Dal. Anderson LL Muslin; regular price Q Q its
4 '; solo price 0 040
800 yards Itomnants, Standard Muslin; reg-i Q Ja
ular price 7c; aale price..... t O'Ttv
Men's Working Shirts,0veralls and Pants
17o each, 8 dozen Men'a working Shlrta; regular price 1
25 cents.
25o each, 7 dozen Men'a Working Shlrta; regular price
85 oents.
80o a pair, 10 dozen Men'a Nveralla, black and brown
mixed; rogular prlee 50 centa.
1-4 off on 8 dozon Cottonad. rante, slightly aoilod.
Ladies', Misses' and Children's
Oxfords and Slippers.
Cblld'a Kid Oxfords, Mock and tan, alzea 5, 5, 0
and 8; rogular price 80 and OOo; olearlng salef! A
price per pair VUU
Misses' Kid Oxfords, Block and Tan.alxee 12 to 2, AO A
regular price 91.25; clearing aale price par pairyOU
Ladles' Kid Oxfords, alzes 2, 2, 8, 8 and 4; reg
ular price 91-25 to 91.75; clearing sale priceAQn
per pair VOM
Misses Crash Hats.
Special Discount on our regular line of Shoes, Slippers, and Oxfords during this sale. ;r$
FRED SCHMIDT & NO. ffSSsSTT. ' '
8
9
Call Tor Btata CunTantlon.
Lincoln, Nkii., July 1st, 1808-The
copies Independent Party electors of
tbe stale of Nebraska, are beroby re-
quested to send delegates from their re-
pective counties to meet In convention
the city of Lincoln, on luesday,
AugUHt 2nd, 1808, at 2 o'clock: p. m. at
the Oliver Theater, for the purpose of
placing in nomination candidates for
tbe following state officers:
1. Governor.
2. Lieutonaut Governor.
3. Secretary of State.
4. Auditor of Public Accounts.
5. Treasurer.
0. Superintendent of Public Instruc
on. 7. Attorney General.
H. CoinmittMioner of Public Lands and
Buildings and for the transaction of such
other business as may properly come
before the convention. The representa
tion is based upon one delegate at large
for each county, and one delegate for
each one hundred votes or major frac
tion thereof, cost lor Judge Jonn J.
Hullivuu for supreme judge at ine
election of 1807.
Kach county Is entitled to representa
tion as follows:
Hed Willow . .
Itlcbardaon...
Ko.k ,
Hallu
rpr
fiauiidoni ....
ScotU llluff.
Seward
HbarKlan
Sherman
Bloox
Stanton
Thayer
biimaa
i'horiton
Valley
WaahlOKton .
Wayne
Weli.ter
Wnexler
York
adame
Aeiete ...
Hanaer..,,.
HlaiMe
ItiMiae
hoi Hntle.
Hd
Hroaa .....
HaSalu ....
Hert
Halle
Iei
Intua ...
iHMlae . . .
Ihtaata
f Maidf .
raena
VtvalM.
uu ... .
tt
I
'.'.'.'.'it
.......
"...I
rt
14
M
I
s
I
IS
14
It
It
f
.... t
.. .. It
11
......II
...... 4
......is
..... II
II
... .14
Total Ht
It is recommended that no proxies be
allowed, and that the delegates present
cast tbe full vote of their respective dele
gations.
And It is iurther recommended maiaii
persons who believe in the principles as
advocated by the Peoples Independent
Party, who have not con sec ted tbem
solves heretofore with said party, are
hereby invited to participate in tbe de
liberations of tbo same.
The headquarters of tbe committee
will be at the Lincoln Hotel, Cor. Utn
and P St.. where delegate tickets may
be bad.
J. II. KuMisTB.t, Chairman.
XI. Howk, Secretary.
(sarU .Uaiatate) ttf, kUaay
aa.l Wiwstsi tisk.a. akM Wff
14
...10
...M
... I
19
11
....17
...
....It
.... 8
....
.... I
.... 0
....15
.... 3
....
....
....11
....10
la
.... 3
IV
futed by Mr. Godfrey who alwaya has
taken an interest in the welfare of tbe
people.
With many thanka to Mr. and Mra.
Pas water, the club adjourned to meet
with Converss three and a half miles
west of Wood lawn, July 21.
Program for said meeting is aa follows:
music; Select reading.Mrs. M. II. Wilcott;
recitation, Mrs. Hahn; music: song by
Mr. Thompson; subject, for discussion,
"Tbe importance of summer plowing,"
led by Mr. A. S. Godfrey.
Alba Bhown, Jr.
WE
TH
ELL DIRECT TO I DEY,
AT ONI-HSLP
DEALERS' PRICES.
FARMER
l.. 1 y
TkMlM th Mftk ll ens i. liOTolutlealeee the
Tiathod ot eeedlng, ae the twine bindar dl
HmwAU U. anilfln sntfl Hand for el
V.Lr. II al U.T. Ijw
rarmers Clnb Maalta.
Ths Lancaster County Farmers clnb
was welcomed by Mr. and Mrs. Pas
water at their nice home two iails
north of Woodlawa June 15, It
was a Boa sunshiuy day, a pleoaaut eou
trssl to all ths rain of late. Many one
earrlag". were seen in rows. iinnr was
bad la the teat and waa appreciated iy
all.
The club was called to order by ths
prveidaat tl. Polly, mlnutHi wvrw read,
then there was singing by a choir of
young hhI, and aa amuaiug recita
tion by Nwra l'aaatr, lollowl with
musie by h sister t'yalhy. Mra. lr.
lunHn;ra4 a vry laWnwimg pie-, ol
the world s mual prutnlanl mii, eudiug
by rwitiag the hilaupiMrs tmht.
Mi Hwvatttaart iHiwa ntta ins
Mama" was suns' by Libel Moaia-umry
asd Jeaa Murgau, tulluwaU by Mia Pva-
BingU with a rwtuttua, tUn tea ear
KiuiiMus tos-a l tbe vbuir were hard.
tier aw ll-ll Pall and GitUrt l aa-
u rev a rrll a l'. Wr. !
r4 a tuif a datriiM la akb he d'
e.rit.) the tralMat ut vv Tbe
ia vary kf vuim annual, tarture she
mual be bsvhl tfaaur aai siaaif. i
Muat ear should be talus. aitH hef banl,
a U ul ths beat Kit a WW !
site a g"U la M Hitlt Mf
fhe'taf bar tra the lAh.n
etvattl theaaaUar aad hipav,
laav iwf ltev l-j eaM
lraa.ta.attt. Mr. A. I. U'MlfV
tat baT tall fa ffala 11
Mwew with '' aad tW II
., islratla: l i U tU llsail
laeas baa be d UOaahea he m la
lk t,iaa. Its sessud bUisi a
laraa warahttaaa at I.iiMtia M
(We CMtttd bold . I a4 tkerirtS
tt,4a sef a rata slU saw aa
tHtttttsitt t A geatlaa
H a tat, tltiei remark s seJ.
,t d', II '4
;v atas aaii, akkh ass r
Ine
Muaen,
nenaa,
II ere
T"1
r dlil th. hem.
reuler.
ICE
ion, eV Roil.
lftl)le
, a hldlne Oene PW M. Ufl)lM
7. 111. W.. K.W iniL Vinu. Haaatem.
!eree. (tewlna Meehleee, C'u end Mdr Mllle. He
tooleead leeauiliar Ihleea eloea.k.ltdaelw' arleea.
Oataloaae Ine. Ned TUm u.. Su Ik AIM.
uTH;a Ihie as. alb atsiat aaiU. a as II. sa.
omnt 104 o bt.
Prompt Srvice. Phone 255
1098 BICYCLE 53,00
BADGER LUMBER CO.. i
k. H. WKIS, AaaiiT.
CofMf n ui 8tt 8tt.. LINCOLN.
now of . . . .
COAL & LUMBER ;
Pall AMOrtment. Best Grid.
Lowest Prices.
Ta raet Msd sad Alaska tlata.
Ths Northwestern-Union Paoifl. ia tk.
direct root, to the Puget Soond and
Alaska points. Morning and aiternooa
trains make direct connection at Fre
mont with through tourist sleepera and
free reclining chair ears to Portland.
For correct information call oa A. B.
Fielding, city ticket agent, 117 aonth
10th at, Lincoln, Neb.
Make Cheese at Home
Send 1 to a E. Klttloger, Ipswich, a
Dak. lor 10 reoaeU with painted laatrae
tions for making cheese at bora, without
boylag aoatlj apparatoa. Aayon. ms
do II
Your money refun jed H fob ftfL
Full Geam Cheese
at the Kind Mdc
te.aa) waeaeae aetedeai
ea araee n nuaiw eae. lea Unie Mt lav
rm erM Ma e ta cm. ) ril'li iu
a,ai ei n raM,kwrauaav,ui
Certificate of Fatilicatioa.
i.rrsa or
Auditor of Public Accounts,
aisie .fSfss.
Lti., iiise S 19.
It U b-rly ttttrt4, that lha
MaaSlrturs Rrt? Insurance
Cuntfuny.uf Majjttctiurvl. in
the Kintstom of Cicrman)-,
la eat4 leaaa laa 4
t e. .lwl a uHrf 4ee eaee.
M t rv eaa ta ika stata M wee
ea pea.,
nlaa mt ke4 ae4 4aa aal el 4
ad taaaa Mea taa dai ee a a
a iaat I inniii,
iai I r, 4
IH sm, lea wataif,
Dr. Ketchom.
Eje, Ear, Note, llroit
&mlCiUrrh. x i i
Bnctaclei Caroftillj Httod,
AU Fees Beuoo&bta
226 South lltb
Ifyoa aeanl IWllltta,
HaetMtas, t'umb luua
daiMa, Hmvkers, or
aattaiag aiaa tut tbe
AHry,aia4 IheptK
! ej will skip Itnate.
ibaMt. jrgal""a
iali('aialHa I re
-I r:UT MIU. itk,
ItairViath laihtfl,
tHaaba, .Nabrwaka
Vebraska aal
sbatfl
Wrealag Bai
seatsleas.
Jon. 7th aad 31at th. Elkhor
Northwestern lin. will sell tioluts at on.
far. plaa 2.00 for round trip to point
oalta lias In northwestern Nebraska)
and in Wyoming went of and Including
Orln Junction. Minimum rat. ID.OO.
Stopover privilege, going. Final limit
two days.
City offloe 117 South 10th .tmt, Lin
coln, Neb.
DR.
McCREW
ts rmm otLt
PIOIALIfT
WSO TBKATS ALL
Private Dlseatet
Weekeem aad Sberdee ef
MtN ONLY
SO Tears Experleooa.
10 VaaraU Oroaia.
bKk Vrea. (Joaeolta
tiualTraa. Bos Tea, oa
14th sad rinsa Stab
OMAHA II KB.
. H. TKXNitoLkc A. Vamol,
New 2d Hand Store
30 P 8tmt, north of Postoffloa.
New gooda .xebawged for old.
Highest eash pries paid for all
kind, of Stovea aad Itraltw
Give bs
a Trial
Trenholm & Yancll
WTmtatoiBUs "
r tVundtA
BaSja) na4Ura
Waakity reeaeaallf CialsiSii
to faXlaaa. Ura, tla
atoato.
On Fsbraary IT, aad rtaty
taaraaltae at t.10 m av. ISlU
laetiare. In ebvri of air own
taaJaetota are svbadsM to hmw
euto tor i'arCosd via tavwa, LssadttQa,
Hall Uk. City. Ugtaa aad tVa Uragwai
Ssett Um, aaaaiaa: ahrwagn tb. gTtisV.
est asaaary af Us ftsli. aad steatW
? al ar in al tatt lUk.Oty
law mm to tbe Maay fodatoe4 1st
Uava. tevketo M4 rail
tton asay be abiaiaad at sV A tt. enas)
at wtj tstket affle aatwet 4 O aad ifc
tlraata, U, W. HosssUa
U F. A T. da
VJRXISH f IQALI TCStS
A iWt si WwA lam
Re52a' aVaaCaeT'ewSS
awttiaa IWeaa aat Waaa fNetaet
Mai lAaasawlli 1 1 jussi sew.
ttzin tac:i
afeaaWaMaM4M4 laiamaaat Ua wrttwaf to aw ndtstttwri
f Hp I
ttlllMMH
