The Nebraska independent. (Lincoln, Nebraska) 1896-1902, March 16, 1899, Image 1
t k.ff Iff' J The Wealth Makers and Lincoln Independent Consolidated. VOL. X. LINCOLN, NEBRASKA, THURSDAY, MARCH 16, 1899. NO. 44. 7 .f 1 GOLD BUGS GIVE TOP Abandon Their Fight Against the Quantity Theory and Declare it in True. A REMARKABLE INTERVIEW The Direotor of the United States Mint Gives the Word for a Change of Base , I aortal In Money. The promulgation of tbs director of the mint hare always been the law to tboie who tight under the banners of plutocracy, For the lost ten year whenever the gold fore were getting the worst of it, tbey always bad an an nouncement from the director ready to launch, but this last statement must give the old "war horses" the shivers. Tbey will bare to take back all that tbey have been saying and start off on an entirely new track. If there is any thing that tbey have fougbt with more bitterness than another it bos been the quantity thoory. They bare denied that an increase In the volume of money would raise prices. Hut now comes the director of the mint and makes an ar gument on the other side of the question and the old war horses will have to change bane. At the close of congress the members began to Inquire how tbey wsre to coo duct the coming fight and the director gave out the following interview. "The most striking new feature will be the (treat Increase in the output of gold," belaid, "in the year Jmj the gold produced In the world amounted to about 202,000,000, and the silver, counting sixteen ounces of the latter eqnaltoorie ounce of gold, 1217,000,. 000. The industrial consumption iu that year was estimated to tie about 100,000.000 of gold and 40,000,000 of stiver, I lie net amount ol new gold and silver available for monetary use was consequently about f .120,000,000. The world's production of gold in 1808 was about .100,000,000, and it can be fore seen that at the present rate the yield in 1800 will reach 350,000,000. We fuc the extraordinary fact that the new gold available for monetary use In the year 1900 will fquul the amount of both gold and silver available from the pro duct of 1800. And of course a consider able amount of new silver will coutinne to enter into una as money the world over. "When It is considered that the total product of both gold and silver in 1873 was only 178.000,000, It will be awn that the product of gold alone has be come practically double the output of both gold and silver in that yeur, when the world's supply of money is said to have been cut in two. Indeed the annual gold output has now reached a propor tion relative to the present atocks of money equal to the itioreusa in the 50V, when the placers of California and Aus tralia startled the world. The world's Htofk of gold and silver ln I .tirnud to have increased from 1850 to 1800 by 40 jiercent, and by the present produc tion of gold the worlds stock of com will increase from 1000 to 1010 fully 40 per cent. "Lu.vlng aside all confederations as to the injurious effects of changing the standard of value to which the business of this country is ndjusted," continued Mr. Huberts, "it Is by uo means clear that the etock of money In the world could be Increased by the universal free coinnirnuf tllver any tauter thauicis now being increased. The fall in the value of silver Is Itself largely responsi ble lor the Increased product ol if mil. A Inrgn part of tbs present product of gold i obtained from low-grade ores, which yield only e email profit above the poet of iientmeiit. If a rit In the prim of silver should turn miner from g.dd to silver it would rsi'iifM ths output id the former. 1', as the sliver mtit claim, there would be nmh an Increased eoiung ol ilVrr M t rvdllOM lh Vn'u id sold, it would esrUthlv cluck (he prod act loit of lb hitter, Kvsry mime in tht world But tid by the ifiiM standard would then to avoid be In wurws off require to have his inci-wesd, all I lis auu dn- ud tw gold uiiuuw aud prnTt lag ould hat to ihmI eorreeimndinsly hrnre, and the (t-ct would Inevitably b ii r)n ths product, Ho il raaunt lw ld lht uilaht hnv cur present j e l l id H"'d d also m h an lni-rd miuouhi nf stive as lii rilu tt tutu id Ruid. Ti iurra It supply Inmi iit I In tbtrea Il Iron Iks Miner, Tt""r U an equilibrium k r as la mhrr t!i that atnt mamUm. "TUsum.j ii. im its tnkd Kurupe, la siaikl aa I eonnteij, 'ed 4'tprt rent t'-".i jiaasry J, llttu Jnnrv I, l'Ji. . Ml tree, a wui'titt l.l, thai stink la bafck ais la ", l.if money M ! j ) t. lur Ilia Usv. i.d ito-a- 'fcll. Ik l l la Ik ( il tttnt t.t Imsi. tMH ItSI UM ls I.I dV I f J, Jllnl, aal IsSSMIIf II.MHt.lSMI ts pn.n. Una g'll l im iitk -aii.ral at Ik r ui otti 1 1 f ttti.MtitiHii v ier, wbik a U an attMuw akaual mUIiIi iWidat id l l.ti nl Irw-ts. I ti ri nt4 gtira tiuisit yM tk i,trKfui.if d itMki V . ttl H " , a I a.i in,.n aa I p4p.'M.iM ad Kpiiiii.as txtiol ti and I Ikal it tkkot be had in an amount sufficient to main tain the parity of ourexistiug paper and Biiver. seventy nve per cent ol our customs recuiiits at New York are now In gold. The banks, instead of hoarding gold, are now boarding paper, which they can ship and handle rnoreconven tently. If an export demand for gold should set in the banks would probably furniih the gold rather than give up their legal tender notes." Many of the statements in that inter view no economist will sanction. The The stock of gold In tho United Htntes in 1 800 was nowhere near (100,000.000 end there Is nothing like a 1,000,000, 000 now and the statement that the stock of gold will Increase 40 percent from 1000 to 1910 Is so extravagant that It is really ridiculous. The world has been storing up gold for thousands of years and to eav that that store will be increased by 40 per cent in twenty years la the very height ol absurdity. Tbs Importance of the Interview Is that the quantity theory Is the basis of the whole argument. The director of the mint plants his feet squarely upon it and defends the gold standard because the quantity of gold Is Increasing. He says In effect that every populist bos said, that Is, "when the mines are pro- lino ws have good times, and when thi mines are barren and unproductive we nave bankruptcies, lulling prices, men out of work and distress everywhere." t THEY GOT INTO TROUBLE The news columns of the great dailies are getting to be a curiosity. Their des perate efforts to keep the facts concern ing the killing of the soldiers by the beef trust forces them to do all kinds of ridiculous things. The court of inquiry was out In Chicago the other day. There was a long account of the testi mony of every witness who had nothing to say the questions and answers being printed verbatim from the stenog raphers notes but when it came to the evidence of the witnesses who had some. thing vital to tell It was summed up as follows; "Then followed a general discussion on the amount of nutritive value left in the meats which, after having been boiled to make beef extract, were canned. The board'then adjourned." that Is d cidediv rich. J he truth Is that Armour was trying to get back some of his heavy Mark Hunna contri butions and after having boiled all the nutrition out of th beef he canned the residue and sold it at a big price to the uovernmetit. It was then snipped to Cuba and 1'orto Itico and Issued to the soldiers. It mude them sick and hun dreds of them died from stomach trouble. Hundreds of thousands of pounds of this stuff was condemned by regular army officers and thrown Into the sea, some of it was hurried and some was saturated with col oil and burned to prevent on epidemic. McKinley runs this government and Armour is not iu much danger. CHANGE THE TIME. JudgS Maxwell Advocates tha MeetlDu of Congress on the 4th of March and ( Other Needful Things. Just before the final adjournment of congresM Judge Maxwell delivered the following short speech, which has in it in mi y good suggeetious: Mr. speaker: in his messugo to con gres on Marcu, 15, io'Ji, I'rtsuleut Mclvluley euggeHted the propriety, if not necessity, of changing the time of meet ing ol cougrese to an earlier date. then thought the sunncstiou was wise und should bu acted upon by cougress, and tuereiore, alter waiting tor some time for some partisau frieud of the ad ministration to introduce such a bill, and no one responded, 1 introduced a bill changing the time id meeting of each new cougreaa to the 4tb of March next following the edi tion of its mem bers. This bill was referred to one of ths leading cuinmiltew" o ths Iioum, but 1 have Isvn unable to get the commit tea to ?viiri eithtr l-r or agmust It. It Mollis to Ills Unit there is merit lathe bill, mid 1 aid brn 11 y state sums ol the reusoiis n ttin iH-tief. The Brst Mou dn,v in l.i1t.r wan dslKuld in ths mnstliUUou as the 1 1 in- tor lies uni ting id eouitreMt only unitl itinngid ly sut uK iliTsis thvii but little mora tiinu Jt.tMMi.OllO tipte m the 1'mtrd MImIim, aita but litttw MMiiHirroa either inland or lurii, liemw but little Iki sta tion ass uiitiieary Iu ranrd lo siuli ulijwta. lea. ineak ol eonittiuntraUoa lmn use pari td ttteeounlrv lu aii"ti.r asr ttt'evdmaljr i-rn ia and priunl't, nid tbehtreevd la rschlM lttraHUl a'iMwl mwvMii(.iw. , -uru v br land troui ii-M'it. il.s t artWiuHs.i.r ir Hinti would iHiupy Hmrlv ni-mik, and aHia Ike a.luni. id sm.s.e, KB lutlf, ad Dnm atxiai Ik eaine tmte knuU Imi ftqniiett. Akd Ike rtwvtiv niUMimul li,eepMal Iti a nal u Iks I'olunt' flif, a fciie It ttli. ke dMittet bl awa la arif a astlsiib ra did kot sktittva Ike avrae lvumi.hs inra ul at In tiw j !. va It awrii Iksi a .tr ka, akelks a UMr, ner. fkakl, lfu..f, i nibsr imi ii.,, l W t In i)i.rs, lu-isl hat nn ,! Iuis l mtrtd ki ltala4 ImI ii ..ii t h'M.,, ti ikal tl null Mi m1- Hag IM aksrv krl r M H'va al h4sl Hi lea Hi.alk al S Ik ltiK at aks-a a kf i-i lwt.ii Ins ma rqHt lMsaiirnia k dnUt, Ad ia a, ika'i. atiMUMi vi .mmih Uv tn irk a kiiiua iatatai.rj.ni hours at the farthest, and In no case ueed it occupy more than four days. We have grown from a nation 8,000,000 to nearly 80,000,000, not counting the l'hilippines, and are in creasing in numbers rapidly. Thenex fifteen years will -e our nation with more than 100,000,000 population, and wealth will keep pace with our increase In population. It Is desirable that the legislative body elected upon a distinct issue should have un opportunity to re spond to the issue upon which at least majority were elected. Otherwise the oc casion for the proposed ieulelation may euve passed belore any action by the legislative body can be had. Itesides, each new congress should meet on March ,u unci vur gnrviiuu w I ii iui hi ir-i n, there would be sufficient time to discuss every feature of proposed legislation which there is not under our present sys' tern. It Is a fact well known to every mem ber of this bouse that when the Diugley tarin bill was reported to this house time was fixed when a rote would be taken upon It; that we met early each day and held night sessions, and still but little more than ball of the bill had been gone over when tba time Uxed for the vote on the adoption or rejection of the bill was reached. That the IJingley bill, while it possesses many good fea tures, Is Imperfect 1 believe Its friends will not deny. There Is no doubt that a full debate and desire to muke a perlec bill would have resulted In a more ac ceptable bill every fair minded person will, 1 think, admit. Mo, with many of the war measures more time in debate would have produced more acceptable measures. I believe this bouse might adopt the senate rules as to debate with profit and benefit to the whole country. Why not permit debate to go on uutill all mem burs have expressed their views. This practice of doling out five minutes, or one, two, or three minutes, as the case may be, for a member to exprees his views or reasons for or against a bill, where very important subjects, involv ing the appropriation of millions of dol lars it may be are considered, shows on Its face the necessity of careful consider tion. Let us take time enough to do our work well if it takes the whole two years of the term. It seems to me the time has come lor a change of tho time when congress assembles. Jbis house may be, and It should be the ambition ol every member to make It, the model legislative body of the world, but In order to be so there must be free debate, and every member be able to discus in bis own right all mat ters before the bouse fur a reasonable time, lam informed there ure more than three thousand pension case pnd- rig in this end 01 the capital, and prob ably about the same number in the oth er end. Theee, so fur ns my information extends, are largely those of men who ought In the runks, who marched thro sunshine and storm, and slept in tho rain or on the wet or frozen grouud, of ten wheu on the march without ade quate shelter. Yet they fultered not but cheerfully obeyed all commands and bravely faced duth to preserve the na tion. 1 heir comrades fell around them; they themselves were often severely wounded: they are now old mid Infirm and poor and need help. They have but few influential friends to press their claims until too late. Lveu now, when cases have been considered and a pen si on agreed upon, the announcement is made that the petitioner is dead, and the lull for bis relief laid on the table, Hope deterred is doubly disappointing wheu there is a just claim lor the per formance ol the duty. There are thou sands of chsss itf destitnfinn nmotifr. th rank und file of the volunteer soldiers, atid relief should be grunted them us rapidly us possible by h steady and con tinuous examination of their claims un til all are considered. This la a great, rich nation, and the American js-ople are not only just, but geurous, and d sire that congress shall Kraut relief uow, aud 1 earnestly hope that congress will respoud. HALSTEAD. Ills rororiliualloa Doubled and aa Orllm. il Hell Desired fur tho He- MieIMa fur This War, Kdltor Independent! I have just finished reading llnUtead's story of the Philippines. isetrong for Imperialism and says there U wealth b-vuiid Um dreams id avnrk- in our new neions. The unexitecletl al ways happen, Ws hav grabbed th LI Miid and should keep Iberu. IU says thai with our bulk ol th .North A inert . run rontiiieat tiu'glug Into ths great iterant it wit foreordained sine th Is- lhtiini ahei O id rrealed the earth tl , lb luile-rial mmmm-i i, this iiu -fil A titer Kim ioue, shutiM p a great ihIk Hirr II ink I Iru Il Mt that 1UI fir nrdsiite I thai th fcfHULb e-el hon'.l Mt trv thwlr hand In tir tBlrl tar 114 Ikal Ibul lorkN wil. liowewr, a ii ik N t a thv MM kl whiii IhhiIi iand tiiiare ill h ei,i'liiiti. Nn, l i aki did w if I J'l.ishlism, Ma, hat il'l aea"1 ftniiJ Ike yhiMl id tiru. i. U kr asd S aa b -r, i aa-a Ik Ireatf n4,b Tfcr.l .l tttl in Ik f an I iiir I il Ike 1 hit.. I , t.s.Un ImlW. tai ird lv rMii a'l aa d.d'iae M Ik temwivt4 nibr Af H'ealdit, r il id W ! ee. na I III I ll. td I ik iemya. Tel H lfc.Nt I "mH r'' a kii-i I aad Ix.ihhi primttvra l. ad $t nl-. ff Ik il.p ; m-i N,ii la uiir ir.ai. tri V t "4H t1 "t.i t I r ! I.t nv l all i4u l pltar in ik t id lae la ! iw l"it- al ti rfci i..ni ah r ih f ilstf nuitlt with? Surely It would have to be with Aguinnldo. Taking the whole work of Hals tend Ingeniue and competent as be Is, 1 come to entirely different conclusions from what he does. He claims that the is- land, rs are intelligent aud many of them well educated. The insurgents say that the troubles came from Hpanieu priests Our trouble co men from the fact that our president claims to have no policy In the matter. Hut he surely does have a purpose. Are we sonding warships soldiers and munitions to maintain a war without a purpose? It means war, ana "war is hen," In my judgment we are making pets 01 tne teamen in the Philippines, who In justice ought to have been shot or ex ported at Hpnin's own expense. I full to see bow the wealth beyond the dreams of avarice Is to bo turned Into onr hands unless we consent to become robbers, cut-throat and thieves. For tnyseir I decline to be cheated by such delusion. General Otis says be mowed dowa the islanders like grass. This he can do at bis pleasure, but civil! red people will give him no credit for it. Our president is responsible for the blood and treasure ol both nations. No policy I The Insurgents were all good fellows and were our allies until McKluleysent over his governor-general In the person of (jen. Merritt. Then they wers Ignored and brushed aside. Heretofore I bavs not been much of a believer In an ortho dox hell, but of late I am Inclined to that view of the case. There should be such a place to b,i rilled with the Hpanisb priests along with the powers that pros ecute mis unnatural and cruel war. l'leose cite all readers to the following pugesof llalstead's book: First his pre face, then pages 1(5, 121, 124, 125, 128, izu, i;so, iisv, iiu, 140, and 14 1. Union Mills. Neb. L. 0. Todd. TOO MANY PARTIES IlfnaMui Donnelly Want th Organising ofl'srtles Slopped Stand by tli Peoples Party. In the lust edition of th's paper Don nelly has several things to ray about this silly nonsense of organizing a new party every few days, among thern the following: We have received a circular in reference to still another convention to forma new party, to be held la Cincinnati, 0., May '2d, and 4th, 1809. This is Its pro gram: 1st Uii'flcatioii of reform forces. 2d Promotion of the study and prae- . .1 -! i . I 1 tics of good citizenship. 8(bli;ctictrn :at the primary, caucus aud convention selection of the best and most competent in nominating cau- didates for public office. 4th Direct legislation through the Initiative and referendum. 5th Proportional representation. 0th The Imperative Mandate. As all the reforms are practically ad vocated by the peoples party except the 5th, which has not yet boeu discussed, why do theeo men not join in with the people's party and try to make it sue- ceseful? 1 be truth is, in our humble iudirment. that all tbes efforts to build up new parties, really originate with the plu tocracy. It is very evident that the way to unite reformers is not to split them up into a dozon organizations. If nnv other party can prove that three or four years ao it polled nearly 2,000, 000 votes, It will be time for these little nondescript gatherings to urge our party to dissolve. Id His uieautime it Is our first duty to stand by t h taple party, as organized Upon the Omaha platform. No commented last week upon th coming conventions Iu March and June. to start new parties, n rivals of the people's party. The following from tho Milwaukee "Advance I right in line with the review we therein expressed: " are Kiittinir a multttudiuonsues ol reform partie. At a low estimate here must tie a score of them. The lateet was started by farmers la Fulton. Melionough, Warren aud other counties in Illinois, bi are nrratiKing to call a convention to organise a national farm, era's party. A convention to b held at I inrin. uatlto nationalize th union reform tarty of Ohio, "Our friend, I'olonel Norton and Clark wlu ol th Chiciigij F.ipre, ar prmr. tiant with a call fur another eonveu lion which nisy reultlii aunt In r pirty or- sanitation. r.rs, Pa., tin a 'muuu-ipal oanershLi party, th Hialiia Itav Ihre id their nan and th mid He id th rund miij. ii ar antajiHiitHig th vauUr nr. gamt ni'"i bv havirni m In k. in th nld ir hell yi preltnlt tl el.vllou, "Many Mrtef mrdiit rltirui mmivw m'MtM.ritoiaj on la var.ou rl id the eoMntrr. .Vi atiaC th ? nt on rvhirin parly enoiuk Why i n 'l turn in and pun the rea-uir nmM'tttiua and thai Ike risk! kia I id il-kM4le araehn le-t I Here U li.ue ru.xih lltk oief III rae If I h k ill isl rMata an r.s. Vnd Ihu piper anl Mlittir lilt-on id lb Mrt kkkera I lkl .I4M. I lH rv.l . Dim d ir at- l- irU taerwtve I dVulla . ew- rly, j TAXING THE POOR 1. UI la iki anna plan kihh id I If l lll b n I I 11411.1 Ul k im vi kl Ik k a and II .irpm lM4 ii, I fc maltee tit taiftUtt at is Id Matwrti tetfulaier tfc niH At aa t W, P tinl. im is l I ft at file id lat iki la Ik state was 24 mills, although the debate on the railroad gross earnings tax bill had shown that those favored corpora tions were getting off with 8 mills. "The man who owns a mortgaged farm or homo, which may be valued at 1,000 but In which be may bavs no more than 100 equity, Is paying not 8 mills, but 240 mills on the dollar, Is this fair? Is It just?" queried Mr. Foes, There are 08,000 families in Minnesota living on mortgaged homes, Are they not en titled to as much consideration as the rich man or the powerful corporation? When a man Is loaded down to tbs ut- most limit of his strength, a few pounds mors will crush him. To the man who la struggling for his dally existence, ths burden of taxation Is often what crushes him down. The law which compels him to pay a tax on what he does not own Is a shame. It does not deserve a place on our sraiuie pooks. FINAL ACCOUNTING What'th Uapubllcana Promlied. Whit They did and What They it fa sad to do, At ths request of the New York Jour nal, Senator Marion Itutler made the following summlug up of the work of tbe last republican congress, "McKlnley and bis party won the last election under false pretenses. Tbey got the votes of enough men who wers friendly to silver to secure their victory under ths pretense tbat tbey stood for bimetallism. About tbe time tbe Amer ican people found tbey bad been "bun coed ' aud the new secretary of tbe treas ury announced tbat tun gold standard was ttrmly established, tbe admlnlstra- , I St 1 aiatf linilliiutlrim. I.I . I r. H ... 1 .. i ..I w and under the English system would V.1SI4 HIM HMUUnntlUUHIflJ ih hiiuuiiit, have bad to appeal to the electorate. It was at this juncture that tbe war with Bpaln began. the administration was not in favor of this war for humanity's safe, and bad to be driven Into It by public sentiment, largely aroused by the information of the condition of affairs la Cuba, fur nished by such enterprising newspapers as the New York Journal, aud by the persistent fight made by senators and representatives in congress. In spite of tbe unwillingness of (be ad ministration to take arms lor tbe cause of humanity, and in spite of tbe discov ery of so much jobbery aud scandal In the oouduct of the wur, the results have been so brilliaut aud decisive that every American applauded credit for tbe re sults. Ho, this administration has been situated diff ireutly from any other ud ministration since that of Polk, its po sition oil national matters, it man agement ol which would have mode it unpopular, being overshadowed by for eign com plications and the brilliant re suits of the war. The popularity of tbe administration bos already reached and passed high water mark. The American people will not endorse the colonial pol icy on which tbe administration seems bent. Tbe effort to saddle a large stand ing army on tbe (teople and the adjourn ment without repealing the - heavy war taxes which require at least 100 of taxes to be paid by the masses who own less tbanhalf the wealth; for every dollar to be paid by that class that owns more than one-half of the wealth; tbe failure to )uss uu income tax, which is oue ol tbe airest aud most just methods of taxa tion; tho (allure to do anything to check and restrain trusts, have assisted iu un doing the popularity of the administra tion. Add to them other measures which have been fathered by It and will un doubtedly be pressed at the next session of congress as odious and Infamous as tbe Payu-Hauna subsidy bill, which would bind the country for twenty years to pay an Indefinite aud Increasing sub sidy (which would certainly run up into the hundreds of millions, which would euabluafew individuals to contribute more million to tho republican cam aigu luud than the Armour trust aud similar luvored trusts have done) and you will sen that theae things, with other that would take too much space to mention, will each day more attract the atteution of the people and will each day put the administration Iu a smaller and smaller mluorlty. la short, what settms to b Ike certain future cnur ol the administration in Mi-runn to our foreign acquisitions and alio toward the great iconomio questions walling for aolution make th defeat of Hi ad- Ministration in 11)00 a luevitabl lute, MtHIOI Ul'Tl.kK, A CORRECTION. Itst ek th ledcHtdut irtblihd aa arinri wliM-a clipped from lb Antiiira Herald, maklnif m'Nim rharge again! Mr, l.tchtj. U ar Iu rwmpt id a teller truiii Mr, tiiM u duoying IW rhargi ni I in lb i-lippm teat Mr. Abbott walketl In Iowa wtlnaropvia ki mm kei and a iltwir to enlist in bat g. Ing Mr, l.hhlf. lb lndre4ut dot but deair lit fend ltl to watirriu utt arttukded rnmur against asv iwab' tfuo.l tkrai't-r, and i sUd Jdr, A !.-. I eul la km vorrwlion. Had b nmHunl hiniMitl Id Id luiint raiwnl -mid kv pnblwiied hi Mir Mtir, Mr. I.nkiy aiidini Ik Irnthial id th.inie thrrl lit, t ar a r Ikal la lime id ! I,durea n4vi. Irai4l U! ar set alt ial, an I ar IniliMe-l la nirept km auk. Miau tr f ttnal. Th Htai Junrnal an ! iim tii t Hi et kld of ad Ik iil mi la lkiiinly, l tkiak kl a-t k iMnbla tiiii ta irrpiu.l4i'tiia id eiil and II dMu tt4 mm t-la In md all-1. . fet e fcw ini at lm maaf tval Mile It tkt l4l a reaa'ai ki4 il ad ivim it lM(linl1l,,' Vker k ? rr bit's d rfra-e Iwtawin m i4d i4 niv and d.wtria-a d Id i'iin -rit rUI, FUTURE LAND POLICY What Shall the State of Nebraska Do With Its Educational Lands P NEAR TWO MILLION AOBES Changes Proposed In Appraisement Which Will Brlog More School Revenue. A Vary Important Intrt. Tbe most valuable possession ownod by tbe state of Nebraska is the nearly two million acres oi school lands whose title Is now vested in tbe state. Tbe im portance of tbe great estate is not real ised now. In fifty years tbe value of tbls land will be at least 76,000,000, and tbe income from it will give to tbe children of tbe state ol Nebraska tbe best school system of any state in the union. Tbe care of tbls vast heritage Is the most important work for tbe state government at Lincoln, Several bills effecting these lands are now pend ing before tbe legislature and it is o importance that tbe state tborongbly understand tbe questions presented by them and tbe condition of tbe school lands at present. For tbe first time in ths past fifteen years tbe report of tbe commissioner of public lands and buildings shows ac curately tbe condition of all these lands. A summary of tbls Is here given: Total acres common school lauds received by tho state 2,815,230.80 Total sold 8911,189.78 Now owned by the state,. ..1,022.040.57 Under lease ....1,050,627.62 Vacant 865,614.06 Total acres ti lands received j HII. I VI ' J by tbe the state,..., 45.420.08 80,724.40 otal sold........... , Now owned by the state,.. 14,701.68 Under lease 14,314.48 Vacant 887,20 Tola! acres agricultural college lands pctived by tbe state -80,148.60 Total sold 77,420.18 Under lease 11,688.42 Vacant 40.00 Total acres common school lauds owned by ' state 1,022,040.67 Total university lands HjOl.Ctf Total agricultural college lands 11,728.42 Total acres eduoational lauds 1,048,470.67 All of these lands are by the act of tbe 1007 legislature reierved from sale and set aside for rental perpetually, tbe rent money to go into tbe temporary school aud temporary university lunds. There was received trom the reutal 01 these lands, together with penalties and premiums, lor the two year irom Dec. I, 1BU0, to Deo. I, lava, the following sums: For the common school funds 205,016.00 or the university aud agricultural college funds 10,840.09 Total; 221,006 05 There are over 800,000 aerea of com inou school lands un leased and unsold and therefore producing no revenue. The reason for this and tbe need of a change in the present law are well set forth by I'otumisiouer Wolfe as follows: "Ifiud that la some of the western and, particularly, th northweatera counties the school land were ap praised in boom time and with a very vague and, what has proven to be, a, very erroweou idea ol lli un to which they oould be profitably applied, Tbey wr undoubtedly appraised a agricul tural land, but th (act has developed that, lr in want of nioisturv, they an only reliable aid proniabl lor grimg parjiowa, and Ik cottwrqueuc U that very larg amount id uuivud land.roa. slating id over W.ii.iHHi acrta, nioily Uuatfd In lb arid portion of our late, sill uot, in my opinion, be taken until a lower ni praU un-M i made: and, Ulieviug a I do, that It U better tbat tnt land should t lad evew at a aomlual rvall, than lo remain idle, id doHlitiu Invalidity id any board ol appraiser lo ml urh vale Uhmi tbnt Und a alii sushi Ik soium kMtourr la tea nil, or any rnnideralW poriloa i th hi, and n.il lavormg rw-appva. at id all ik ackiMil land I would su gl awrk a Intent in lklawaaii( ! th eomaiweioaer ol imblm lasda and bnilding. whi-n ffrlne; tfcte Und ,.r I, and nnslW la ld a prna willing Ij ink Ik n at i r nt npvM It rent appraMMf.!, u put haiHi np at an 'tiua and il la tk wn sku ail pr it tr rent ntfia Id bi4iel apif aieeeieal, Mlia Ik !, l 4niiti) aitk nitnf bul ,1, U tli il id It mmih, said wiii'im k 411.4 Srst tsrtt nVv adtt ImswJ ta win more ir4 la Ik awna l la kit a Ik ld t U li4 ' ! ir t ial iu riMnendtiia il K eismi'duiist Htiaif H-'ino'd ka IhIiw ... eeaat .- ky4e U lt)l.ii4 1 111,11 tke la a hind kal l Kln mkn-k (in .-I on. K.tlk IV i