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Consolidation of the Wealtbmakers and tht Lincoln independent.
VOL. XI.
LINCOLN, NEBRASKA, OCTOBER 12, 189D-
NO. 22.
y.
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. . . BOHEMIANS REBEL ....
Itoclsky Declare that McKinley is not a
Statesman and III Course adan- ,
' ; ;(rem our Liberties. ,.
The Pokrok Zapadu, one of the lead
ing Bohemian republican papers of the
fwest, and edited by John Rosicky, well
known for his ardent republicanism, has
refused to sanction the policy of imper
ialism. In an editorial the Pokrok Za
padu comments on the resolutions in the
Nebraska republican state platform in
coming imperialism.- -'; '.-! '
'.Bv these resolutions the republican
patty in Nebraska embraced the policy,
of imperialism, whicn is iouowecrty tne
administration." Not alone that, but in
a cringing manner, which is unworthy of
intelligent free American people and re
sembles very closely humbleness due
irom subjects to a ruler 'by the grace of
' God,' indorses everything that his grace,
p the president, has seen fit to perpetrate,
whether the same was in the interest
nd for the benefit of the people and
country, or the reverse. The eulogy of
the president that he was successful in
solving every condition resulting from
the war is a slap in the face of truth and
fact. How can anybody claim; that the
war against the Filipinos is an unquali
fied success, while no perceptible ad
vantage has been gained m the struggle
thus far. The president alone is to be
blamed for the unfortunate state of
affairs on the Philippine islands, which
Las required already untold sacrifice.
It was not necessary for the United
States to fall into the present difficulties,
if we had in the presidential chair a
(statesman and not simply a politician.
A statesman would have certainly ob
served that the policy of expansion is
inconsistent with our time-honored tra-
. ditions and institution and that it is
unworthy of this great, free and liberty-
loving nation, after a solemn proclama
tion that we take up the arms against
Spain out of pure sympathy for a neigh
boring people struggling for freedom and
independence, to seize a foreign country
subjugate by force of arms ite people of
different race and civilization from ours
and attempt to force upon them our
government, institutions, civilization,
language and finally manners and cus-
' toms. A statesman would have certain
ly had foresight enough to apprehend
that such a course must necessarily lead
to difficulties and finally endanger our
own liberties."
'Only One Killed."
t An officer in the regular army serving
in the Philippines writes the following
pathetic letter 'about a skirmish in which
there was "one killed" to tie Chicago
Kefcojd: .f ;, : ;
A few day ago a " reconnaissance was
made toward Novelets. .Two battalions
of the 4th infantry went out with the
brigade commander and ran up against
the trenches, which we knew were there.
It seemed a pity that a life had to be
sacrificed for practically nothing, but it
was so. There is in the regiment A de
tachment of sharp shooters and scouts,
made up of four privates and a non-com-missioned
officer from each company, all
under the command of an officer. This
detachment had the advance,, and com
ing near the enemy they proceeded to
develop his force. That word develop
does not sound serious, but it really
means getting shot at, and as the enemy
was present, there was soon a lively fire.
Our men got down behind the rice-dikes
and fired volleys. Soon one of them was
hit in the lef breast and, ha toppled
over, but immediately straightened up
and tried to repeat an order that was
being shouted across the field. He was
not of the "hero" kind, or at least he did
not mean to be; he was just paying at
tention to his duty, and if anybody could
have spoken to him about it he woul
probably have said: "Why not? What
nhould you expect me to do?" But in
the midst of his attempt the bloo
gushed from his lips and he went down
again and did not get up
Can vou imagine such a , scene? The
grouna wa's deep with water and mud;
there were no chejjrs or shouts of encour
agement; it was a cloudy, rainy day and
the only thing unusual was the popping
of rifles off there from the bamboo thick
ets that lined a small stream and the
corresponding zipping of the bullete as
they kicked up the mud and rater. And
this man died as quietly as anybody ever
died and with no idea but , to do his
duty. Pick out some man you know
and think of him in that position, and
see how it feels. And it has happened
several times since we have been out
here that only a few days after such an
occurrence a letter has come from a
mother or .sister, asking about her boy
or brother who had been perhaps a little
careless about writing home. I tell you
those letter are not easy to answer. .
I saw a short Terse the other day en
titled, "Only One Killed," but to some
one he was the only one thought of and
dreamed of and perhaps followed with
prayers and hopes for his safety. Let
the howling expansionist or whoever he
may be who shouts for war and doesn't
go remember that these men are out
here doing this work and dviiur. some of
them, for his pet theories, and then let
him go away and be honest and consider
his opinion or Himself, r ighting for a
principle is all right, but will somebody
please tell us what we are fighting for
oui nerei ,
The Beef Traat.
xdo retail ouicners or uie east are
now evolving another plan to beat the
beef trust. It will amount to nothing,
There is only one way to beat it and all
the other trusts and that is to install a
government at Washington that is op
posed to trusts. The trust can beat any
thing except the government and it re
mains p be seen wnetner it can main
tain control of the government A New
York retail butcher was interviewed the
other day and this is what he said : $ .
"We have no remedy, as things now
stand, so far ari I can see," said he, "and
are completely at the mercy of the Beef
Trust. We must buy our beef there or
go out of business. We must pay the
beef trust its own price. We must settle
every week, no matter how many of our
own customers settle with us by the
month. ' :" ' ' '
"I heard this mornina of the plan of
several of the large retailers tojblock the
A X I i ' " i A. 4.! - . 1 1 .
trust, out iii is nut) yet uuio kj iuaae.it
public." , i
The New York JKetail Butcnere' asso
ciation at its meeting next Tuesday will
take action on the beef trust a latest
threat.
""'- ';; goHth Africa. ' '"
If a war does come on in South Africa
no man can foretell the result of it.
There is a large majority of Dutch as
tne following statistics snow, if a ra
cial fight is engendered the next, century
will hardly see the end of It. , 1 ,
."' s . ' .. r British. Dutch
CaDeColonv - ' . 1 . i 17.0111) W.IKK)
Granite Free State - , - 1.UH0 .. 1H,)
Transvaal - .. . 3,0(10 22,(H)
Natnl - . i - . . 1 6,(
British Bechuanaland - - MK) MK)
Itiiodeciia 2,0U0 !J0
Imperial troops now in South
Arnca . , . . uj.uiu,
Totals
9,500... 92,300
The New Ireland.
Let our lying statute Liberty
Into ocean s depth be hurled.
Put in its place McKinley
benighting the world. '
We want to aoe the Ensrlish.
And have an English tone,
And nothing can impart it
Like an Ireland of our own.
The Irish are protesting,
For they know what conquest means;
But we'll call the land JNUW Ireland
When we take the Philippines.
Accosting a demon I said to him,
"I thought you devils all worked with a
viai." r - ; '
"We used to," he said in a pleasant way,
"But now we are taking a holiday.
The jingo parsons so vigorously , '
Are discrediting Christianity,
That we feel good work's being done for
hell, .. - ..
So we are loafing for a little spell."
James J. Uoolino.
A Genuine Hero. .-, '
Editor Independent: 0 '-.
That sermon of Rev. Brown published
in your September issue is simply grand.
Talk about heroes! The man who can
feel, write and openly declare such mo
mentous truth is surely more worthy of
public honor and esteem than are all the
military or naval heroes that ever graced
or cursed tne eartn. ucn men are
above and beyond the honor, glory and
empty elittenng pagants of men. Be
cause of their human pity and sympathy I
iney crave love ana justice ior an.
Before such men we bow with rever
ence, we would gladly sit at their feet to
gather pearls of truth and love.
un justice: justice wnere art tnour
Where can I obtain ten capies of
Brown's sermon? - , .
Copies of the sermon of Mr. Brown
can be obtained at the office of the In
dependent by sending stamps to pay the
postage on the same. A great many
letters have been received requesting
copies and it has been reprinted on a
separate sheet A great many , men in
the church are revolting from the hor
rible doctrines proclaimed by Chaplain
Mailey and among them are many hum
ble ministers of the gospel who have not
mortgaged their souls for high salaries
in the ministry. These men are the
hope of the ministry and the gospel of
Christ in these United States. It will
A ' - Al 11 - .
not oe many years unui inose preacners
who are now preaching the doctrine of
force and imperialism will stand in the
same relation to the public, as do those
men, who from the pulpit a few years
ago proclaimed the divine right of hu
man slavery. ,
; Boeivlugjr.
Through the effortn of the Charity or
ganization society, there has been a reg
ular course of sociology established in
the state university, and C. A. Ellwood,
Ph D. fas been engaged to take charge
of it.,, In addition to his work in the
university, Professor Ellwood will give
a course of six lectures in the city dur
ing the next few weeks. Over two hun
dred ticketo have already been sold for
this course. The price is 11.00 for the
course or 25 cents for a single admission.
It is from tha income from these lec
tures that the society expects to pay part
of Professor Ellwood s salary. All persons
interested in progress and poverty should
attend this course. The date and place
will be given later. -They will begin on
October 28th. The course is a follows:
LECTURE ly-
"Charity organization."
LHCTVBB II
"The Right Way to Give."
- t LBOTVBB m--"Our
Greatest Duty to the Poor." r '
LECTURE IT-r- "'; '
"Public Versus Private Charity."
LBCTUBB T '
"Social Degeneration and the Problem
of Poverty."
LBCTUBB Vt . '
"Charity and the Science of Sociology,"
THE REPUBLICAN WAT
Don tread,, don t study, but go to
your neighbor populist or democrat
and create strife ana discussion. Tattle,
misrepresent, lie if necessary. This is
the advice given by Hammond and Day
ton, republican ' leaders, ' Open discus
sion, free debate, is not recommended by
republicans. They .have tried it. and
know it is not the proper thing. Minden
uouner. , ,
PROGRESS OF THE CAMPAIGN
Report from Rome cif the Towns Where
Bousing Meeting Have Been' Held : -By
fusion Orator.
General Weaver's Speech.
General James B. Weaver's' speech at
Lincoln the -2Cth is receiving the un
stinted pjaise of all who heard it. While
a good sized and enthusiastic crowd
greeted the speaker, yet it was noticed
that the republican war horses kept
away, doubtless by preconcerted ar
rangement. General , , Weaver's argu
ments are always - forceful, clear and
logical, and he seemed particularly so in
his Lincoln speech. After his opening,
in which was discussed the constitu
tional powers granted to congress, and a
very clear definition of imperialism and
some of its symptoms, the main part of
tne speecn was outlined on seven propo
sitions, the defence and i meintainance
of which General Weaver stands ready
to make in joint debate with ' any living
man. , .v- .
He maintains that the policy of the
present administration in regard to the
Philippines is legally wrong and morally
iniquitous for several reasons; (1) it is in
direct violation of both the spirit and the
letter of the law of nations,both American
and European; (2) It is contrary to the
Declaration of Independence; (3) If is a
violation of the constitution: 4 It vio
lates the protocol made with Spain; (5)
It violates the treaty with Spain; (ty it
is in violation of the promises made by
the government when the war with Spain
was heerun that it was to be a war for
humanity; (7) It is a case of direct usur
pation. ' y
iuach proposition was taKen up ano
elaborated upon by the speaker in a
most admirable manner. Citing vattel,
Halleck, Woolsey and Kent on the law
of nations, he said that every writer on
that branch in the past three hundred
years has held that no nation can legally
cede to another inhabited territory with
out the consent of the inhabitants there
of. Yet McKinley says, "the islands are
ours; we bought them." "The abstract
of title," said General Weaver, "shows
two transfers from God to Spam; from
Spain to us."
In his argument on the second propo
sition, he read from Jeff. Davis own
book where the confederate president
declared that the sentence, "All men are
created equal." had no application to
the slave; and then tne speaker told of
the answer he wrung from Governor
Shaw of Iowa, recently as to his posi
tion on that question: "Well," said
Shaw, "that's a veryjpretty sentiment;
but it cannot be applied practically.
"The leaders of the republican party to
day," declared General Weaver "have
abandoned the platform of Abraham
Lincoln and sneaked around on to the
platform of Jefferson Daws. ,
Toward the close the speaker grew
eloquent as he dwelt upon the golden
rule, the commandments and the Decla
ration cf Independence, and drawing
himself up to his full height, his silvery
hair glistening in the gas-light glare, he
thundered, "As long as God gives me
life and breath, Old Glory shall never,
with my concent, float over any people
that does not ask its aid. All men are
born free and equal, and these Filipinos
are entitled to life, liberty and the pur
suit of happiness.
, Harlan all Bight
Editor Independent: Harlan county
has come to the front with another big
meeting of the reform forces. This
meeting was held at the court house in
Alma on the third of this month. W.
H. Harvey, better known as Coin Har
vey, was the speaker of the evening and
spoke on the subject of imperialism.
The large court room was crowded to
its utmost capacity, there being many
who had to stand up during the entire
meeting. There were many who had
driven from a distance of thirty miles to
the meeting to hear the author of Coin's
Financial School discuss our new found
policies of expansion and imperialism.
Mr. Harvey dealt with his subject in
the clear light of an accurate thinker.
His whole speech was meat for thought
He had his large addience with him
from first to last ,
He said: "Will this war of conquest
be purged from American history 7
President McKinley won't do it; Lincoln
would have done it, and the gentleman
from Lincoln will do it" This brought
forth a round of applause for tne "gen
tleman from Lincoln."
When he referred to the army that
always has and always will stand for a
free government as being the volunteer
army the large audience snowed its love
for the volunteers ' over the regulars.
When Mr. Harvey said a statesman was
a man who wanted to help the govern
ment and that there are many statesmen
among the common people he brought
lortn a gooa laugn.
There was a large national campaign
fund raised ior luuu. ine county was
placed under close national organization
for the great battle next year.
Alma, Neb.
iiditor independentt Yesterday was
fusion day at the Chase county fair, and
at an early hour the farmers began to
gather from all over Chase county; also
many from Dundy, Hays and Perkins.
By 1 o'clock the crowd had swelled to a
surging mass. Never before were the
fair grounds so thoroughly packed.
Judge J, W. Edgerton hadbeen adver
tised to speak at the grounds at 1
o clock. At the appointed . hour the
judge mounted the stand and in the
most foroeable manner proceeded to deal
gently with the FUiBfao question, For
aa hour an a half he held the maasive
audiep.ee spellbound. Notwithstanding
the excessive heat and poor shade ac
commodations the large crowd remained
rivited to their seats and heard the dis
tinguished gentleman through. Judge
Edgerton is not a polished orator, but
for facts and forceable argument he has
no suiwriors and few equals.
;: E. B. Smith, Chairman.
Imperial, Neb.
j: SrhllllnR Talks German.
Hon. Ilob't Schilling sKke in the oira
house,' this evening upon, the political
questions of the day. The address was
in the German language, and was rwe of
the most masterly, logical and contained
more argument and good common sense
why expansion and imperialism is wrong
than any other speech ever delivered
here. The way in which the remarks
made Jvere received by the crowd left no
doubt that his bearers were in accord
with him. Clay county will be in line
in November for fusion.
I ' J. B. Sbott.
Sutton, Neb, ' ;-j
l ; A Thousand Pops. . ' "
Editor Independent: "Cyclone" Da
vis spoke to a crowd of 1,000 of Polk
county's people at Stromsburg last Eri
day afternoon. He talked on imperial
perialism and the money question, and
the clear and logical presentation he
made of both questions completely cap
tured his audience. .
' s Editor Hbadliuht. "
! That Hoy.
Editor Independent: A boy out here
asked his pa some questions and got the
following answers:
"Pa, what is a tariff?"
"A tariff, my boy, is a duty levied on
foreign goods for the benefit of the la
boring man."
Who is the laboring manr
"The laboring man is the capitalist
who labors with congress to keep up the
tariff."., ,-- . .
"What is an unholy alliance?"
"An Unholy alliance is where a silver
democrat supports the populist ticket"
"What is a hply alliancer
"A holy alliance is where the goldbug
democrats support the republican
ticket"? i .
Valparaiso, JNeb.
. What They Don't Want
Editor Independent: I take a repub
lican paper and I see in it that the east
ern capitalists are sounding a warning
about the dangers of populism. They
dont say just , where . the danger is,
whether it is the fear that they will get
their money or the fear that they will not
get it It is my opinion that their rru
fear is that they will get their mol,
interest and all when populism oo:.
into power. But that is what thev doL .
want and their aim and object is to keep
the people forever paying interest and in
debt J. B.
A Step Backward.
Editor Independent: Hon. Robert
Schilling spoke to a very attentive au
dience at this place today. On account
of a misunderstanding as to the date of
of his speaking the crowd was not as
large as it otherwise would have been.
He delivered his speech in the English
language but occasionally reiterated in
German for the benefit of those who are
not able to fully understand the English.
He discussed principally the trusts and
monopoly questions, and took a decided
stand against imperialism. His speech
was well received by his countrymen,
quite a number of whom are convinced
that imperialism is a backward step to
civilization. Rob' a Dambbell.
Blue Hill, Neb. ,
Schilling In (lay Coouty.
Editor Independent:
Hon. Robert Schilling of Milwaukee,
Wisconsin spoke to an appreciative au
dience in the court room in Clay Center
this evening. Mr. Schilling is one of
the most able speakers we have ever
heard. He said the republicans were
telling the people that prosperity was
abroad in the land; that since the demo
cratic financial panic of 93 the republi
cans had gained power and restored
prosperity.' He then curtly remarked
that the Cleveland and McKinley finan
cial policy were one and the same thing,
and that our present condition is worse
than the first
"What did the republicans do to bring
prosperity?" "I await an answer." Al
though there was among the republicans
present a McKinley postmaster, ex
county attorney and a banker, they made
no effort to answer Mr. Schilling.
He then took up the subject of trusts,
and then the standard oil trust in par
ticular. He ence lived in Cleveland
Ohio, and knew whereof he spoke.
He proved that the actual cost of pro
ducing kerosene was less than one cent
per gallon. He then added one cent for
freight, two cents for the profits claimed
by the dealor, thus making a total cost
to the Clay county consumer i cents per
gallon. Oil Is selling in Clay Center at
18 cents per gallon, thus giving the trust
a profit of nearly 15 centa per gallon, 275
pet cent pronu 1
He also dealt with the meat trust and
spoke of a case which came under his
observation. At St Paul, Minn., beef
tftattf la WBitM aA vst AKaa Ij-wtatl Ia Iaw
shipped back to St Paul, and retailed
to the censumer. The producer paying
freight for twice hauling over the same
road. Why did not the people in St
Paul slaughter their own hogs and cattle?
lney tried it and the meat trust opened
t i it. u. . a it. t J i
up a wop vj uie aiao oi mo weal aeaier,
sold at from two to five cento pound
less than the local dealer, and ' patrons
flecked to the meat shop owned by the
trust and "froze out" the local man.
Meat then went up and no local men
then had the courage to again attempt
to compete with the trust,
s He then dealt at length with the rail
road monopoly, advocated government
ownership of railroads and telegraph
lines showed that the real value of the
railroads in the United States was 13,
000,000,000 the stock was "watered" and
quoted at 1 12,000,000,009. That they
were making a profit on the investment
of from 20 to 25 per cent instead of 4 to
to 5 per cent as they claimed.
He then spoke of the purpose for
which the republican party was organ
ized; i. e: Abolition of slavery.. He had
lived in Missouri and seen slaves placed
upon a block and sold at auction. Hus
bands were torn from their wives and
children, sweethearts from their lovers,
families were scattered never to be re
united. When the call . for volunteers
came, he, the only son and support of a
widowed mother, shouldered the musket
and went forth to assist in striking the
yoke of bondage from the black man. :
But now that Grand Old Party has
sunk to the lowest depths of degreda
tion, and the last president the party
will ever elect has proclaimed sover
eignty over Sulu and her slaves. He
then read from the Nebraska State Jour
nal article of the treaty of Sulu. "Any
slae in the archipelago of Sulu, shall
have the right to purchase freedom by
paying to the master the usual market
price.
Clay Center, Neb.
Itottoin Drop pee Out.
Editor Independent: We have had
"Cyclone" Davis and Judge Neville, We
are glad to tell you that we had a rouser,
and many of the old Reps say that they
have seen a new light Kinkaid was here
on the 6th, was posted for a week. The
Reps, had all their flags flying, weather
was fine. There were just sixteen Reps,
present as pall bearers. The pops looked
on in suppressed sorrow to see him
struggle. They begin to realize that,
there is a hole in the bottow of the sea.
Mr. Tunnecllff and myself are doing all
that we can to give a report from tbl
county that will be satrfactory.
will have a campfire in every schi
house in the county Put t is county
down for 40 majority for Holcomb.
MOKO AM CRAMB.
Burwell, Neb. , .
' He Has Had Enough.
Editor Independent: When I first
came to this country I thought that it
was a republic, and that the declaration
of independence meant something, but
from what I have read - in republican
papers some of the leaders wish to re
pudiate it That Monroev doctrine was
all right It's McKinley and the repub
lican leaders who are all wrong. This
war shows the power of the monied
men. : I speak as a foreign born citizen
fho has been a soldier under an Empire
Europe. We have had enough of im-;
,-erialism and conquest. Now, I do not
want my sons in the army 'to make the '
rich men richer or pull . the chestnuts
out of the fire for that class. . ,
Tbey may put on all their Sunday smile
they are able to, I have had enough of
republicanism. I have voted the last
republican vote and thousands of my
countrymen will do the same. Do they
take us for fools those canting liberty
hypocrites? A republican smile goes a
great way with some people. Look at
those liritishers trying to swallow up that
small republic in South Africa and call
ing themselves a Christian nation, and
all because they have gold and dia
mond mines on their land. Are we any
better than they? Is it not a bare face
steal? No honest American approves of
this war. The Spanish war was differ
ent, that was for humanity.
Nebraska city. ,
What Our Friends Think.
Henry M. Stanley, in an article in the
Outlook, gives a statement of what the
real friends of America in England think
of our new found policy of imperialism
as follows: . :. - ,'' '-
Over here it has furnished us with
much matter for thought In a general
way. there are three opinions about it
One class, whose love for America is un
doubted, regard it with regret and some
anxiety, because Americans have not
shown their usual prudence in accepting
responsibilities over regions widely sepa
rated from them and whose condition is
so deplorable. When the Americans have
experienced the annual cost of them in
money and valuable lives, suffered the
anxieties which follow the establishment
of authority over conquered peoples, seen
the expendieure becoming more and
more extravagant, the national debt
swellirfg year by year, the maintenance
of the army increasing in cost, the navy
looming larger and larger In the esti
mates, it is thought that tbey will better
appreciate the economical period when
Monroe's America sufficed for an their
energies and limited their aspirations.
... Thaadar Maker Barrlara.' '
The republican state central commit
tee have selected Frank Harrison, for
merly the Bee's Lincoln correspondent,
as secretary of the committee. Harrison
as the cnampton Annanias of tne repub
lican party in Nebraska, is well fitted to
perform the duties of secretary of the re
publican state central committee. Es
pecially should the soldier boys of the
first regiment feel exceedingly friendly
to him, for it was he, as special corre
spondent to the Bee at San Francisco
who sent out the report that merchants
at San Francisco were alarmed over the
fact that membes of the First Nebraska
would spend their monev in riotous liv
ing and debauchery, and. then be com
pelled to remain in San Francisco and
cut down the price of labor by coming in
contact with laborers in San Francisco.
Harrison is without doubt the most un
scrupulous newspaper man in Nebraska
and has earned tne title he is known by,
vis: "munder Maker uarrtaoo.
BANK STATEMENT.
Secretary P. L. Hall of the state bank
ing board has given out the following
abstract of report of the condition of the
state and private banks, (including sav
ings banks) of the state of Nebraska at
the close of business, September 11, 1890: ;
. Total numlrar of banks 403, an incvease
of five hanks.
8ESOURCES, ' '
Loans am! discounts. tl8,ft.M,2fl8 04
Overdrafts i. 72,W 7
Stocks, securities. Judgments
claims, etc 313,638 51
Due from national, state and private
- banks and bankers.... 8,137,883 81
Banking house furniture and fix-
tures..... 1,192,58 IS
Other real estate.;.. 841.MM 5
Current expenses and taxes paid.,. 678,:C!8t
Premiuinson bonds, etc.... .... 5,521 Ml
Assets, u-t otherwise enumerated... , i:t0,:U 18
Cash items ' i,W U ,.
Cash reserve In banks............... 2,111,9 8S -
$Q,3m,9e as
LIABILITIES.
Capital stock paid In,... .... ...... I 7,284,185 00
Surplus fund.;. W0,!HW 5S
Umlivictad profits B 1.019,247 Rt
Dividends unpaid.... .............. 5.466 81
General deposits...,. ............. 22,908,511 It
Other liabilities... 2,5W
Notes and hills redisoounted . . . . . , . :ttt,17 431
Hills payable . , , . . , , ... . 106,243
t201,9W (3
The Independent asks the readers of
its columns to look over the items in the
above statement callod "resources."
More Usually they are 'called "assets.'
The resources are said to be 132,901,
969.63. ' All the tangible property in the
whole amount is cash on . hand, banking
house and furniture and other real es
tate. ; Those i items . added together
amount to $2,098,635.02. In other word
the banks owe t32,301,flCy.U3 and hold at
security for the public a little over two
millions of property. All the remainder
of their assets are promises to pay made
to them by other banks and various
other private parties scattered all over
the state. These , are state banks but
tne "resources ; of tne national Danaa
are the same. Bank "assets ' are made
up of one million of tangible propyty to
fifteen millions of promises to pay mad
to them by other parties. It is upon the
security of these promises to pay that '
the national bankers proposeto issue au .
the paper money in this country. But
these promises to pay are to be not only
the security for the notes issued to cir
culate as money, but for all the money
deposited in the hanks by the citizens of
the country. Upon 'such security as this;
the national bankers propose to estab-.
lish a "sound money system." Thetruthv t
about it is, it is the wildest scheme of
wild cat banking ever proposed since th
foundation of this government ';. .'
(Jpon these assets the banks .could ,
issue according to the McQleary bill, CV '.
487,765.00 of paper money.' The general
deposits 1 are $22,908,611.19. Then' the
banks would owe for circulation 'out
standing and to depositors, the, sum of
$48,757 ,276.47, with only two millions of ,
tangible property in sight ' The rest of
the security to note holders and deposit
ors being promises to pay by other banks
and individuals. .
. The wildest eyed populist who ever
made a speech on a street corner never
proposed such a ridiculous scheme as.
this, - - ' " . ' . '" '
Chaplain Mallley.
Fditor Independent; Chaplain Mailley
made his debut here last night before a
fair sized audience made up of all par
ties. He began by saying that he had
been taught from early youth that the
republican party was always against the
government, but after it had been in
power for twenty-five years and had not
destroyed the government he was for it,
right or wrong. He had been billed as
the man who had captured the republi
can convention at Omaha by his Bryan
like oratory. All we have to say is, if
he captured the republican convention
by the speech that he delivered here, it
must have been a very easy convention,
to capture. The republicans, generally,
have some men of their own faith who-
can talk some, and our opinion is that
they have spoiled a preacher to make a.
Benedict Arnold in politics. Even his
gestures on the platform say as plainly
as words: "I am in it for all it is worth
and when I play this game out I will go
back to my preaching, l nope uod wui
have mercy on the church that he serves.
He is certainly not like Bryan in one
respect The men who got him to come
here will not clamor for his return. Be
fore another campaign he will settle back
to obscurity where he belongs.
Tecumseh, Neb. : '
Oom Paul is a genius of the first or
der. It is well known that the Boers
are firm believers in sixteenth century
theology. As a rule their preachers
have no faith in Copernicean theory of
astronomy. One of the Dutch preach
ers being hard pressed in an argument.
about Joshua commanding the sun to
stand still applied to Oom Paul to help
him out . The Boer president listened
patiently to the preacher, and when he
had finished said: "Brother, it Is true
that Joshua did command the sun to
stand still. Tou are right Stick to it.
It has been standing still ever since. Be
never gave a command for it to move on
No such command can hf found in Use
bible. Tou should not forget that, when
you hare disputes on the subject."
;,N J
S '
