Nebraska Newspapers

    9 Sw,'.;
7
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Consolidation of Zhe Wealtbntakers and Zhe Lincoln Independent,
i ' i
LINCOLN, NEBRASKA, JANUARY 4, 1M0.
NO. .
H ' : , ' V Mo Jck,.
UP vol. xi.
f.
TT GAGE BE
fc Engineered a Steal that In
Urmlty Eclipses anything ever
Before Attempted.
n. Teller. Burr!. Tillman, tenta and
Other are after Him with Four
Tlned Pitchfork.
I' ' "'7a-hington. D. C. Jan. 1, 1900. (Spe-
f "WonrMn0 Th deal undertaken
Wf Secretary Gage to place 8300,000,000
? i government money in the Rockefeller
, 'i'k, tne uny maiionai vi
. jitifi nnianiDir diuiD ouoiuiau wuv.
, "id die of Jackson's day both combined,
n jroi" up ine populists, aemocraui mw
h,free bilver republicans,
They
seemed
fall at once "to get a move" on them,
flW. Vnn. itfcA WTk ailO.K A. TOW that
AUVJ iiv v.-. Hj,
a hna hackad down. He first sata
tbat any bank putting up bonds for e
ourity could have the money, but that it
taunt first be deposited in the Uty
tnnnl find ha dividad out from there.
fn mt still hotter
' lUCII luo tuiug b""
i.d ljio made other arrangements. Some
Iv-iathe senators even go so far as to say
1 fr.Ao ontrht to be imneached ani that
M2.'4M is good grounds for impeachment
. is a large stockholder in a bank in
licago which is in close relationship
LfJ the New York City National in
Fvflfct it is said that the stockholders of
ivv'-. two D&uKa are urauntniij mo ciu
f-bCtQ DanKS oemg rwcueieiier lusvitu-
jonn. '
A good many republican senators were
1K disgruntled at this favoritism oi
Jaire for they are interested in otner
national banks and wanted a slice of the
U us well as the Rockefellers. It was
;?ihfi nicest bit of Die dished out to Mc-
f iin!ey favorites. Just think of it!
pver $300,000,000 to be given to the
ashanks to loan, and in the nrefent state
lof the money market they cou,d loan it.
f for 6 per cent and compound the inter-
jfcwt,- every sixty days. Figure' it up
f w'aat the deal would give to the bankers.
I No wonder that there was a scramble to
j get a slice.-, v-'fj
Alk n. Teller. Harris, Lentz and sever
l alr tbera are on - their metal over the
mallur. There will bo no lack of resolu-
tions cailiqg for an investigation when
' Crtiipresfi Biffts on Wednesday. There
will he three or tour presented in the seu-
t. One of these will coiue from bena
j " "'iliianof V. Allen, of Nebraska.
St natur Allen s resolution calls upon
lp hecretary of the treasury to submit
r,l the facts respecting the deposit of
Mifclic funds with the National City and
' i!uvei' National Banks of New York
;. v MembeMi of congress now in WashiDg-
-ton ere vory frank with their criticisms
L of the denl between the adoiinisUation
1 and the fJtaridard Oil bankingsyndicale.
k Senutor Henry M. Teller, of Colo
I r do, t aid, "Of course I am opposed to
i this wtioie an;air. J ne treasury aepart
i tiieet U'dH no authority to delegate such
t au e-tucui and far reaching authority
I' to o( fiioglt' 'private banking institution.
i '. It is iiiiwt jihe principles of a republi
han Mfa " government."
f ' LsJawr itarris of Kansas, said, "I will
ji. adiy ot! for a resolution demanding a
I congressional investigation. Heretofore
I She treasury department has played all
the Wall street bankers a favorites.
I Now that it selects one particular insti-
'Ution as the object of its favoritism, I
f uannot see why others there should pro
-:ist.
-Jole c
I think that in selecting a bank as a
s denositorv Secretary (Jiiere is prosti
tuting his authority as a public servant.
It is all wrong. It is a notorious fact
that the deportment has all along stoop
ed to the nod of Wall street No such
deference is shown to other interests in
the United States. The nianufucturug
or agricultural interest!, for instance,
may cry for aid until they get black in
face, but it is never forthcoming."
Representative Marion Devries, of
California, snid, "I hope that a resoiu
tion will be introduced calling upon
the secretary of the treusury for all the
facts. Wall street has been running the
tjroasury long enovgh, but this latest
sche. eof Mr. GageV eclipses even, the
worst in the past" I
Representative Edar Wilson, of Ida
t.o, said, "Let there m a congressional
investigation, when v can get at all the
i acts, i win warrant mat tne country
ill be astounded whoa it, loams every
ue aspect in the matttr. It is but an-
ber demonstration ofao completely
an street nus uie ireasuit by tiie nape
me necK. i
benator Tillman paid, "AIR comntrol
lers of the treasury since tha oflice was
(treated nave graduated out af their po
t lions and oecon.a toe beads ( a trust
company or president of a bat
in New
York. But 1 bad supposed k
Gage was a higher man than tL
at Mr.
11 hiru
self to any scheme of favoi
m like
Uiis. -"I
have always contended ti
street controlled the govern ti
this seems to be further evidce
The present deal reminds me'of c
Cleveland's bond deals by which ml
ot tax money was transferred to
body's pocket"
f:0 REBATES
w Zealand' Uallway Beat Oi
limpect. :
A capital article on New Zt
Henry Demarest Lloyd, a
"Wealth Against Commonwe!
pears in Ainslee's for January
this to say about the railroadil
"The Nw Zealand railrcj
'ad bonds
proTod saleable ill the Londi
n market
and a airaam otrailroad iroa
nd other
t"1 a
railway equipment began poi ring across
the Atlantic in eichance tor .ce ooiiga
tions of the colony. The rail ond a jtera
was never developed as pyriimet'.cally
nor on as business-like a p'an as fcir
Ju lus Vrgtl had intended. Xne colony
was divided into a number of ptovinces,
and each province did all the u'e-pull
ing that it knew how to securu the lion's
share of tne new tugnways lor itself,
There had to be all sorts of compromises
to carry the railroad bill t hrough the
Colonial parliament, and nl. hough the
railroads that have been bu it are near
ly all of them essential, the symmetry of
the system has been marred by this log
rolling local jealousy.
"An intelligent traveler w iula not ex
pect to find the state railror.ds of New
Zealand able to sustain any comparison
with the private roads of America. The
comparisons would not be fair. If any
conclusions are to be drawn from the
New Zealand experience as to the com
pnrative methods of public and private
ownership, the comparison must be not
between the state roads of so conipara
tively new and undeveloped a country
as New Zealand and the private roads
of so much older and wealthier a com
munity as the United States, but be
tween public and private roads in New
Zealand itself. This comparison can be
made. There are two private railroads
in New Zealand, and the observation of
the traveler confirms the verdict of the
public that the state has been fully as
successful as the corporations in the
management of railroads.
"There is one fact which alone makes
the governmental administration of rail
roads in New Zealand a matter of envy
to the American observer. Such a thing
as a rebate or a discrimination in favor
pf one shipper against another i-i un
known in New Zealand. No would-be
commercial conqueror can get the traQIc
manager of a New .ealand railroad to
make him a rate which will drive his
competitors out of business.
"In discussing this matter with one of
tbe government railroad officials, I astt
ed mm what the unit of shipment was
in coal. The rates for coal, he said, were
made by the ton.
"Could a man,' I asked him, 'ship 10,
000 tons and get a lower rate than the
man who shinned 1,000 tons?
,n, he ronlien, 'not If tie slilnnwl
10,0Wi,000 tons.
"In a great many ways New Zealand
roads show the superiority of public
ownership over private. The principle
on which New Zealand roads are oper
ated is that they shall only n ake profit
enough to pay the interest on the debt
incurred in bmldintr tliera, ond as rapid
ly as any surplus nccrues, the rates shall
be reduced. In other woras, they are
not run to make mouey. '"it to serve
the people. -
"1 he public administration of roads
also takes cognizance of special circum
stances in the condition of the people.
When there was a great ilrouth in New
Zealand, and the grazing districts, the
government reduced the ldli a on the
movement of sheep in order to assist
the settlers to restock the country
opecial rates were made to facilitate the
development of the export business,
"The railway department lias organ
ized a regular svstem of free .school
children's excursions. The children of
one district, on some appropriate holi
day, are carried in large train luads into
another district Childrf , fur instance,
in the up country are can fd to the sea
shore that they may see a harbor and
vessels, and all the in? ignia of com
nierce, and get a taste of the variety ot
metropolitan life. Town children are
carried up into the cot .mry to the foot
of the mountains ond among the water
falls, that they may hear the tui -bird
ring his silver bell and feast their eyes
on the glories of iSew Zealand scenery.
SECRETARY.. ?E
A litt le "over Ten Time Worm tliuu Old
nirtille ami the United Ktntea lUnk
f Jackson's Day.
Six weeks ago Mr Gugo said that to
lend the government's revenues to par
ticular banks would be an unwarranted
favoritism.' Since then he has decided
to turn the entire internal revenue
about $300,000,000 a yearover to a pet
hank, without interest, the bank to lend
it out for its own profit at whatever ex
travagant? interest rate: it can squeeze
out. of Wall street exij-erieies.
Se retnry Gage and Treasurer Robert
declare that this is "a confidential ar-
nRement between the treasury and the
bank" concerning which the people are
entitled to no information whatever4.
Yet the money thus leot without interest
the peoples money. The treasury
odlcers are the people's servants. Why
are they under no obhgatun to tell the
people what use they are makingof their
money T -
Jn Jackson s time t deposit of ouly
9000,(XK)in tbe Unitad States bank
made that institution so dangerous an
institution for the corruption of politics
that the people decreed its overthrow.
the danger lera now, when, instead of
t ;t.000,000, a bank enjoys the use of t-'KX).-000,000
a year of government money T If
the Unit d States bank, in order to pre
serve its privileges, corrupted congress
men, bought senatorial seats and inter
fered with presidential elections, is there
no political danger in the endowment of
the National City bank with the entire
internal revenue receipts by an adminis
tration that is asking an extension of its
lease on iower?
CORNELL'S VICTOTY.
Why shouldn't Auditor Cornell feel
pond of his success, Mr. Tribune? He
has been one of the most abused men in
the state house. The reason for this is
very plain to those who aro not struck
by the persistent efforts of Auditor Cor
nell to protect the state treasury against
grasping contractors, republican uncon
stitutional bUls and other nimilar repub
lican ways to irrab the tax payers money
on the old republican plan.- Scribner
A DEBTOR NATION
Koine of the Gold Standard Paper
are
Driven at lat by the Wall Street Panic
to Print the Truth.
Ever since '93 the populist papers have
been calling attention to the euormous
amount of wealth that is every year sent
to Europe and never returns. It Is pay
ment of interest on the debts that we
owe over there, the money spent by the
globe trotters, the support of dukes and
lords who have married rich American
girls, the charges for freight carried in
British ships, and that sort of thing. It
was pointed out that about 1400,000,000
were sent over there every year because
we were a debtor nation. This whole
subject was thrashed out in the free
silver speeches made in congress in 1803.
To the utter astonishment of all well
informed men, about six months ago the
republican press, as if actuated by one
mind, started out, pointing with pride to
tne excess of exports over imports ana
claiming that that was a demonstration
of continued prosperity.
When we showed that the shipment of
more wealth away from our shores than
was returned was a demonstration of any
thing else rather than that we were
called calamity howlers. The fact that
we were pending to Europe something
like 1100,000,000 a year more than was
returned to us was denied. It was even
claimed that we had all at once become
a creditor nation through the working
of the gold standard. Necessity has at
last driven some of these gold standard
newspapers to tell the truth. To the
astonishment of every one who has
watched this matter the following article
appeared the other day in the linancial
column of the Chicago Record:
Accurate and comple statistics of in
ternational trade would fill an urgent
want At the yresent time half the for-
ein exchange experts in this country
ar. trying to formulate some theory
which will fully explain the disparity be
tween the balance of trade account in
the United States and the movements of
coin and bullion across the Atlantic.
According to the best figures obtainable
from the ollkial statistics it would seem.
that the flow or gold this way should be
steady and enormous, notwithstanding
the high discount rates which have been
maintained in all European centers for
many months. - Various offsets are takeuj. Ur" fc T . , t'T- i inueA ln'
into nl,rMu,n to lain th anoinaT . W(,il to? bread, coffee,
into consideration to explain the anoma
lous facti of the case, but they do not
greatly lessen the difficulty.
It appears from the reports I the
treasury department that the
States has exported goods of the value of
81,f)00,00i),000 during the last three years
over and above the amount of imports. In
a rough way this represents America s due
bamnce In barter with the world. Ac
cording to the cannons of trade, this
excess of sales over purchases should
have brought many hundred millions of
troid bars and coin. The official figure.!
of the treasury, however, show that the
net receipts of gold against the balance
due have fallen below $115,000,000. What
about the difference? For the eleven
months of this year covered by the sta
tistics it appears that tho balance of
trade in favor of the United States is
about 1420,000,000, to settle which only a
trifle more than 812,000,000 net of gold
has been sent this way.
'I he disparity between nominal bal
a nee and actual settlement stems to be
an augmenting ratio, and the question
is. how can it be accounted for? The
effect of foreign buying and selling of
American securities is well understood,
but it does not explain the matter satis
factorily. Good judges estimate that
the annnal draft on American credits
abroad for the accommodation of tour
ists exceed ?0,00O,00O in ordinary years:
but in periods of remarkable prosperity
more persons go abroad and Fpend more
llxrally, hence the depletion of the nom
nnl settlement balance is exceedingly
heavy in such years as 1807, 1898 and
1800. It is a matter of regret that exact
data on this point cannot be had, since
such transactions come within the con
fidential sphere of banking.
In years ot great commercial activity
and profit, too, immense drafts are made
On the Americnn credit balance abroad
by foreign born Americans, who are able
to contribute largely to the support of
relatives and dependent in the old
countries. How great this offset is
mny be roughly approximated in part
for past years by reference to the statis
tics of the postal-union money order bu
reau, but there is no way to nnd out the
amount of drafts bought for such remit
tances, and the irrand total can on r be
guessed at After all allowances are
made for the impairment of the settle
ment balance there must remain a po
tential due bill, which ought to send
much greater amounts of gold to this
country than the treasury statistics
show since 1897. This amount would lie
greater or less, according as the nominal
bal ince was more or less fictitious, ow
ing to the undervaluations of imported
merchandise,
AGUiNALDO HONEST
Prof, ftrhurman at I.at Acknowledge1 It
and Much Other Evidence arenm
ulallng to Prove It.
Professor Schttrman in a recent arti
cle in the New York Independent eays:
I do not say that all of the insunront
leaders wero dwbonost. I believe that
many of those who fc lght against tho
Americans were animated by the high
est idea of loyalty to independence. I
think probably Aguinaldo is one of this
class aud that he is an honest man.
The testimony of Lieutenant Oillmore
who was long a prisoner in the hands of
the Filipinos is to the same effect The
New York Journal recently printed the
statement of Otto Scheu, corporal com
pany b, Third U. S. Infantry. Corporal
S ;heu was taken prisoner by soniu bush
wackors and was finally ransomed from
them by officers of the regular Filipino
army. The story told by this private
soldior after giving the details of his
capture and wanderings is as follows:
We were taken on to Victoria. We
were put into a sort of bull pen, and I
heard our captors bickering and quarrel
ing with the insurgent officers. The
bushwhackers evidently wanted more
bounty for bringing us in than the in
surgent officers were willing to eive.
The bandits got to raving ana cursing
in regular Spanish style.
' This sounded very much like auction
ins on slaves, lor we had nicked up
enough Spanish to understand about all
they said.
, When the quarrel eot hottest the lead
er of the bandits jerked open the door of
our pen and rushed in with his gun
raised to shoot If he could'nt sell his
prisoners for as much aa he wanted he
was going to get even by shooting us.
we three men bound together by
ropes tying our arms together stood up
against the wall waiting to be shot down
uue aogs, -
At that instant an insurgent officer
darted into the pen, sword in hand, and
with the slash of a practiced fencer
knocked the rifle out of tbe murderer's
hands. .
"Senor, these are my -men." he cried
out in Spanish.
l bat was iumilio Aguinaldo.
I know that a good deal has been said
against Aguinaldo, and I suppose he has
done a good deal of wickedness, but we
three men looked upon him as a herd1 as
he dashed into tbat pen and saved our
lives. We knew him at the first glance
from tho pictures we had seen of him.
1 he three of us called out his name
and tried to thank him in very bad
Spanish. Mine was very bad indeed, I
know, for whenever I try to talk Span
ish I get my German mother tongue
mixed up with it
Aguinaldo smiled as he dropped his
sword back into its sheath, lie made a
polite bow to us, like a Spanish officer,
and motioned one of his aides to take
charge cf us. - - -: ,:
From that moment our condition im
proved. We were allowed to bathe and were
given clean white coats and trousers,
such as the Lest equipped insurgent
troops wear.
The officer - in charge gave each
of us a peseta a day to spend. This
means about ten cents in American
money. W ith that we were able to buy
i run, iooiicco ano other little things,
pork and even chicken occasionally.
VV e were even given a fair amount of
liberty in the village, though always at
tended by a guard. - We were told that
we corId write letters to our folks if we
chose and that General Aguinaldo would
have them forwarded to Manila.
On September 9 I wrote a letter to my
brother in New York and took it to
Agniualdo myself. One of his aids
translated it to the general, and Agui-
naiuo u.tv.eo it oy writing bis mitials.K.
Al, in his big school boy-iike letters on
one corner. He thon gave it to an aide
to put with his own letters to go to
Manila.
A few days after this there was a big
gathering ot insurgent officials. They
camo in iroiu an directions to Aguinal
do s headquarters,
I found that these wero the insurgent
caoineo omcers. 'inure was the secretary
of war, Ambrosiua Florcs; secretary of
foreign affairs, Filipe Buencamino;
Governor-Gonornl Francisco Macabulus
Soliman, commandante of the staff of
General Ma -abulus, Artur Dancel; Col
onel and adjutant of President Aguinal
do, Jose Ley ba; Secretary of the Inter
ior Severino Alas, Secretary of Public
Affairs Maximo Paterno. Secretary of
vomuierce Jjeon uuerrero, Secretary of
Instruction Aguoda Velarde and Presi
dent of the Insurgent Congress Pedro
Paterno.
When our guards told us these big
names with their hih soundinc titles it
seemed very funny to us Americans. I
wrote them down just to nrause the fol
lows, and when we were alone I would
rend off the whole rigmarole of names
and offices that meant nothing, -
Aiwr a meeting -of this cabinet we
three comrades and eleven other Ameri
can prisoners who had just been brought
in to town, were nil taken before a com
mittee of these hizh insurgent officials.
There were three of them, (ieneral Agui
naldo, Secretary of War Flore, ond
Secretary of the Interior Alas. Senor
Flores spoke English the best and he
did the talking.
When we were lined up before this
committee a taing happened tbat as
tonished us all. Each of the Americans
was neatly clothed in a clean insurgent
uniform except one man, Private Paul
Spillane, company C, Ninth Infantry.
He had a ragged United States army
khaki coat
Honor Flore, with extreme politeness.
pulled off his own coat and offered it to
Spillane. The soldier ref ut-ed, of course.
We were asked to promise that we
would never again take up arms against
the insurgents. I answered that 1 and
most of my companions wto regularly
enlisted soldiers and were under orders
from our government, so wo could maKe
no such promise.
V e were then asked to use all ou in-
flueuce to induce our country toftop
fighting the Filipinos.
After making his speech Flow took
out a writing which he asked uV all to
sign. It was a sort of parole. All the
men signed it but myself nndSpillane.
Aguinaldo then mode a little sneech
to us iu a kind of Englwh that was hard
to understand. He said that the Insur
gent were in good righting order, and
he put up t he bluff that they could keep
right on lighting for threo years.
In a day or two we were told to pet
ready to be taken M Munila. We
marched down to tho iwn of Aniroles.
and there were turned'e W to General
Otis on September 30. Ch
" GAGE'S BIGJTEALIJJG
lie Make a Prevent to Rockefeller' Ilaok
; of $1.19,337 and there I SI 1 11 More
''' to Follow. .
On July 2 last the old United States
custom house property, at Wall and Wil
liams street was sold by the government
to the National City for bunk $3,203,000.
Within a short time after the bid of
National City bank had been formally
accepted by Secretary Gage, James
Stillman, president of tho bank, went to
Washington.
lie took with him a certified check,
drawn on his own bank, for 13,232,350,
the balance due on the price agreed
upon. . ' .
. This cheek Mr. Stillman personally
handed to Secretary Gage.
The following day it was announced
in Washington on official authority that
the secretary of the treasury had for
warded to the National City bank for
collection two checks-i3,232,350and an
other for $32,660. These were the checks
which he had received from the bank in
payment of the custom house property.
In other words, none of the three and
a quarter millions of dollars which the
National City (Standard Oil bank naid
the governmeut for the United States
custom house six months ago has ever
for one hour passed out of the bank's
control. The bank has had not only the
use of the money every day since to loan
out at interest for its own profit, but it
has at tne same time been receiving rent
from the government for the custom
bouse. The old proverb that one cannot
eat a cake and keep it is thus set at de
fiance, for the National City bank owns
the custom houso and yet retains the
money it paid for the custom house.
NEVBB DKI'OBITKD IK TBKARURY OBPABT-
: MBNT.
Secretary Gage has never turned the
proceeds into the treasury, as required
by section 4 of chapter 3117, under the
terms of which the sale was made.
This statement is mado positively upon
information obtainod from tbe treasury
department .
As cloar profit the National City bank
is not only receiving its 4 percent rental
for the property at Wall and William
streets, but it is receiving the benelit of
the interest on the purchase price of
that property, which at 6 per cent, since
July 2 1SU days- amounts to !K3,3.7, in
addition to the 4 per cent rental which
the bank receives
The Natioi.nl City bnnk has not taken
formal title to the property, and does not
intend to take title until the government
vacates It, the obguct- being to. avoid
state ond municipal taxes, which, with a
regular assessment on a valuation of S3.
uuu.uuu, would amount to ;a,uou a year.
. .. FACTS.
National City bank bought custom
house property July 2 for $3,205,000.
The act of congress authorizing sale
required that money received should be
deposited in the United Slates treasury.
secretary Wage redeposited check in
the National City bank not in the treas
ury.
Not a single dollar of National City
bank money ever left its vaults and was
deposited in the United Slates treasury
Title to property not recorded as hav
ing been transferred, although National
City bank is receiving rental for it from
the government
National City bank thereby saves taxes
due Pew iom city,, because United
States government property is exempted
from taxation.
FIOt'BES.
Interest for 180 days at 0 per cent on
WXioyw, left by the U. 8. treasury de
partment on deposit in the National city
bank. $06,335.
Rent from the U. S. treasury depart
ment to the National City bank for use
of the custom houso for 180 days, $04,.
224.
City taxes saved by the National City
bank by delay of the U. S. treasury de
partment in transferring formal title of
the custom house to the bank for 130
days rJC.000.
Total prpdt to National City bank to
date on interest and saving in taxes,
$132,W.
As long as the National City bank
continues to enjoy these favors its profits
will bo per day l,uv&
Ihe new tax assessors' lists aro to he
made up in, a few woeks, and if thn deeds
to the custom house are not transferred
to the real owner the National City bank
will escape taxation. In four years, if
the government's . unique favoritism
should continue, the National City bank
would pay no taxes on its custom house
property, would receive $000,000 rental
from the government and the use of tbe
entire purchase price as well. This at
tbe low estimate of 4 per cent would
amount to $000,000 more.
MORE ECONOMIC WRITING
Ienide Matter Should be Purnlnhed Re
form Paper Treating a poo Fonda
mental Principle.
; The Independent has had some cor-
resjKindence with Mr. Walter Johnson
cinerning the fuller discussion of fun
damental principles upon which the pop
ulist party is founded. That is the sort
of matter that the men who hare made
the populist party want to get hold of.
Of course the great standard works on
political economy cannot be generally
circulated, but the part of the science
that is to 1 voted upon at the next gen
eral election can be largely reproduced
between now and next November. To
make it interesting, it should be applied
day by day, and from week to week in
answer to the sophistries which con
stantly appear in the daily papers.
The following letter and resolutions
are printed so that many of those who
will attend .the populist conference oa
January 5th in this city can have them
in hand:,
Editor Independent: I enclose you
the resolutions of which I have
been corresponding with you in the past
few days, regarding the organization of
our reform press. It should not be in
fered by anyone that the action will, is
the least, interfere with the working of
the reform press, either editorially or
financially.
I have sent you the resolutions that
they may be presented , to the coming
conference which is to be held at Lin
coln on January 5, 1000. I have written
Warwick Saunders to be present at that
meeting if possible, and have sent him a
copy of the resolutions. Of course you
will use your entire judgment in aking
any changes you ee fit, or any addition '
that you may prefer to make. You will
notice that there was no amount stated
for salary, and I think it best to sake
the amount very conservative. Than is
no one named for editors, and thai. too.
should be inserted at Lincoln. Hoping
for the good of reform and the naonle -
you will push this with vigor at the
meeting, and anything that you can see
to do will be gladly accepted.
' Kesnectfuily,
i Walter Jobxson.
RESOLUTIONS.
We, the representatives of the reform
element of the United States, seeing
that every effort is being put forth by l
the representatives of plutocracy aad
the advocates of the gold standard to
misquote and misrepresent us in the re-
form movement, give our assistance to
mo establishment of an organization set
forth in the following principles:
1 We believe that the principles of
political economy, which we teaoh, shoald -be
kept before the people through the
reform press; that the principles of po
litical economy which we tench are too
much neglected by the reform press;
that a-great majority of the people of the
United States depend on the country
presi for their information regarding the
movements of the general government,
and those things which concern us in j
the reform movement; that the press has
a great power in formulating the will of
it0 pCGpiG; Mj3a any POWpF !OiiOu Li n leu i
in organized effort is more effective than
to be unorganized.
2 -And that our work iu thm move
ment may be more efficient, wo suggest
that editorinls on the subject of political
economy be furnished those houes
whose husiness it is to print "patent
matter," and that said editorials be in
serted in the "patent inside" of our coun
try press, and furnished to all other
papers at a reasonable cost; that the edi
torials be stereotyped and appear . typo
graphically Uie same in all papers that
will use them; thnt we get the consent .
of those houses whose business it is to
to print the "patent inside" of eouatry '
papers; that we advise the appointment
of - , who shnil write and
stereotype the editorals, and deliver the
same for publication; that tfya editor re
ceive $ per morth ntfd expenses for
his services; that all money derived from
stereotyping, above salary and expenses,
revert to the campaign fund; that all re
form twists be reque-ted to u: e said ed
itorials; that the editor establish his
office at any place in the United States
that he may prefor; that the appoint
ment and removal of the editor be under
the power of the national committee.
3 That committees be appointed ie
present these resolutions to the dei.e- 1
cntic, populist nd free silver republi
can national committers for their adop
tion and ratification.
The Exception Clause
Editor Independent: I enclose fit
and hope to be reinstated on the roll ef
honor. My delinquency has not bee a a
matter of choice, but that wave of pros
perity failed to engulf me, b Mark eni
Mac pmmi'Td. I'leae continue the In-
pendent as long as the $2.00 holds out
Perhap the wave will have reached me
by thnt time. I think tbe Independaat
the best paper in the state, because it
tells them when they tell the truth and
vice versa. 1 hope you will give it to
them in the future as you have in the
past
O" cour-e V. . V. A Hi n is the man for
the senute, and 1 henrtilv congratulate
Governor l'oynter on bis cction.
There seems to r e somn doubt amosg
populists, or difference of opinion, as to
U good or bad design of the exceptioa
.use on our paper money. I speak
mciimlly of the time of its adoption.
lliiDK it was a rcbeme of the parties
o owned gold and who though tbat
b its adoption gold would appreciate.
Was it not responsible for gold being at
a premium? Gold went to $2.80 at oae
time, did it not? What was the cause if
it was not the exception clause? Would
like to h lr'"'T "."'nron on the fore
going. A. I. I ir.
btromsburg, INeb.
It was the exception and nothing but
that As soon as they were received, by
order of the secretary, for customs, they
went up to par.
A FLAG FOK SALE.
Oh 1 tear the (mrreon emblem down r
It gather Mom for etery eyo.
Ami ilpxt mile and good niea frow
When era WMe bv. .
Sim me! hlmme! ltoxtarry Hplondor f low
Alxir a Muter' UathMuie jail,
It fold are ruffliiisr teu now
Hicrimwmlljof wile. Whiltier -
WHAT WOULD JACKSON DO?
If Andrew Jackson were president
does anybody suppose he would ' long
permit Secretary Gajre to lie hobnobbing
with money kings like Rockefeller, Mor
gan, and Hsvemeyer, and to name as
depository for receipts of the. internal
revenue department a bank which is tie
fiscal agot of the mrt. powerful of : ail
the trusts, the Standard Oil? .
Would Old Hickory have permittei
this?
No.'-by the Ktertisir-DnffaloTL -t.
1 )
rs
i
y:
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