J ' if r i I .11 II II- VOL. XIX Lincoln, Nebraska; February 21, 1901 NO. 30.: - .: .. -r-'r 1 ') MODERN FEUDALISM II Will lrWfeIr R-IH IuOaOr f fcr -TV rip mt all tba Kaltr4s tf Oee lUag Fees the rsaJa. 7L foT of the era that control th bUiioii -dollar strI trust is greater itsa that of any t-rspinr or potentate la rtcarded tistory. They fcav4a their cracp the whole taat asd Rrwaisg iron and stl trad? ia the United Stat. Ttjr ax.4 their aaoelatea control a tpaiority of the railroad mileace of the country. ith a capitalization of another TUIlica of dollar. - They own a lance part of the hank leg basis fa New York city, con trol deposits and influence radiating cirri of roatserre ac4 industry. Ther can absolutely the entire oil prod action and trade of the country. ova or control ste&svshSp. steamboat and telegraph line, own. control and icSaeoce aeatpapers. weekly and icosthly jscaxin-s, publicists and leg islators. The amount of capital actually with in their away is not less than three bil lion dollars. I'pon their zi and berk dependa the daily bread of minions of toilers and the facsilie of toilers. Imagination can hardly bet a lira t to he actual power involved in their operation. It fore it could become op esljr dangerous or revolutionary, of coura. the people would no doubt put an end to it- Hut power need not be rioSecfe. We may how tran?e. subtle, mifccrutable, far-reacbinc and irresistible is th !-r placed in the hands cf thee mea when we remem-J-er tiat the entire Hanjpon-Schlcy cottroversy was inaugurated and car ried on by the steel trust, at who !n t!eatS?a Sampson was forced to the front over Schley and Schley was robbed cf the credit for his victory at Ssttlaco- Two years and a half hare pd since the victory. You will ob erre that for th same reason the Tie tor's reward is still denied blra. And t this very moment the agents of the steel trtjst are working to hare Samp son promoted over Schley's head. It is not by force and arr- and L'.oody battles that modern feudalism which Is all that the UHlon-dollar trust mesx. wins Its way. It has dis covered an ajRect more powerful than armies and trues. This agent consists of an elective ay to confuse and distort the issue. The mea thst can do that in this coun try are n'grtir than ail the kings that ever lived. Yet we ited not be disturbed about the final result. Beyond doubt from aSl this evil gjod will come. Owner ship by one man of all the railroads cf the cms c try only paves the may to ownership by the government of all the railroads of the country. Chicago America.n- DANGEROUS EXPERIMENTS The Ka la Wb.re Aagels Tmmr $m H.d U rsmUlU4 y Merer WaJte't rrfrawMt la Wesfclactea. The van change that would be ef fected by the elimination of silver dol lars from the money of the country does not irf-era to be comprehended by the Lank lunatics who have recently been in Washington. If one stops t consider for a moment the amount of business that is transacted with silver dollars in this country, he would be appalld at the very thought of wip itx it out of exite nee. The nation raises over $50.000,000 each year for the support of the gov ernment. ad every dollar can be paid by silver at present. The total taxes of state, county and municipal rovern ments amount to over $TX).0 0.fioO per year, which can be paid by silver. The total indebtedness ia the I'nlted States is estimate.! to be l-O.OOO.OOU.(wO to S50.C,tC,w.0. over one-half cf which is payable la lawful money and can be discharged by silver. It Is estimated that the thirty days credit transactions of commerce in this country. Including the sales of goods by manufacturer to jobber, by Jobber to wholesale dealer, by wholesale deal er to retail dealer, and by retail dealer to ccstocner. amount ia the aggregate to more than $1.COO.OCK.(00 a year, every dollar of which can be dls chsrred by silver. Th premiums contracted which may be paid Is silver each year ia the Unit ed States upon life insurance policies are XS2S.rS0.S13. and upon fire insur ance policies are f 1C1.720.95?. The total amount of life insurance la force in the United States on Jan uary 1. IK?, all of which was payable ia silver was 114.123.5 4 S.072. The total amount cf fire Insurance ia force la the United States oa January 1. was HCJiC0.0CJ0,O00, all payable ia silver. According to the report of the couip t rosier cf the currency for the year the amount of deposits, payable la silver money in our Savings banks is I2.1S2.006.424 National banks is 2.522.1 57.509 State and prir. banks is.. 125.99564 tmA aid trust Co.'s Is. . $25,499,064 Total deposits ia all banks June 20. 1S99. .f 5.78.eSS.261 The amount of loans, consisting mostiy of thirty, sixty and ninety-day paper, ail of wbielUs payable in silver, ia f ;or of our Savings banks Is U9S.S3SjiS9 National banks is 207545S0 State and priv. banks is.. 9211.00i ixaa and trust Co.'s is.. 599.031.053 Total short-time paper outstanding oa Jane -J-. WJH. .......... . . .I5.167.S95.C10 The total amount payable oa shares la building associations is $450,667,594. The amounts agreed to be paid In law ful money, which can be discharged In silver, at periods of from one to five years, on contracts for construction of buildings, rallrcads. ships, canals and other Improvements in the United States must aggregate several billions of dollars. The 500.000.000 of silver dollars, and certificates based on silver dollars, now are doing the full share on an equality with gold in handling the huge volume of the country's business. And so long as the silver dollar re mains receivable at par for all public dues It will remain at par. ' It is not a menace to the gold reserve at present because It is not redeemable in gold. Of course the attempt to make silver dollars redeemable In gold is the work of those who wish to abolish them. As soon as the dollar is made redeem able in gold it will become a menace to the gold reserve, and the cry will go up that it should be wiped out be cause it Is a menace. Who is asking that this experiment should be made? There has been no complaint made by the farmers, the wage workers, the business men con cerning silver. There has been no de mand made by any class of citizens for its elimination from the money of the country. The demand Is made by a few bankers. It is they who would try this dangerous experiment. . No com plaint is made anywhere by anybody about the sliver dollar .yet It- is cer tain to be eliminated from the cur rency. If the republican party "remains in power. What would follow the tearing down of the monetary system of the United States, the wisest could not tell. They only know that there would be a disturbance of values a. crisis such as the world never before taw. The experiment of suddenly tak ing out of the currency of any country one-hslf of its legal tender money ha3 never been tried. Such an experiment, this jocular Horace White would try with as much nonchalance and indif ference as he would change his ac count from one bank to another. The shallowness of the man was never more apparent. As to the bankers who are putting him up to talk for them, that Is a different matter. They be lieve there are -millions In if for them and they have their own self in terest to urge them on. But Horace White Is simply a financial bigot, a vain, glorious, Grub street BohemiaD. horn they set up as an "economist" to her their own plans. SECRETARY GAGE'S STEAL MOaly Kev4 Onetetlnn .by Tie Vot - la th Republican II a ate of , KSpreMBtAtlv. After four hours debate In the house Secretary Gage escaped the censure of congress for his National City (Standard Oil) bank job as by the skin of his teeth. No republican represen tative cared or dared to defend the scandalous transaction. But Congress man Hopkins of Illinois furnished with ammunition from the archives of the treasury department, created a- diver sion by reading a number of letters sent by democratic congressmen to a secretary of the treasury away back in President Cleveland's time, in which they had asked certain government favors. As partisan mud-throwing this was excellent. As an answer to the specifc charge that Secretary Gage gave an enormous gratuity to a bank whose vice president claimed it as a return for campaign services rendered to Mc-' Kinley and his party, it was an utter ly irrelevant as it would have been to exhume the story of the Tweed ring or the Credit Alobiller scandal. The house divided evenly, 92 to 92, on Mr. Richardson's amendment pro viding that no rent should be paid by the government until the title to ihe custom house property had passed to the bank. Under the rules of the house the Item for rent stands and Mr. Gago escapes the formal repudatlon of his contract by a hair's breadth. The moral effect of this tie vote in a house in which the republicans have a major ity is none the less a censure upon the secretary of the treasury and the es tablishment of the truth of the charge that was made by The Independent at the time this scandalous transaction took place. That It was a steal of the taxpayers' money cannot be truthful ly denied it was money wrung out of the people and the giving of it to the Rockefeller bank. Of course it would be impolitic and very bad manners to say that part cf the $300,000 so taken would ever find lodgment in the pock ets of Secretary Gage. It was all fo? Rockefeller - ' Counting Electoral Vote The Chicago Record devotes nearly two columns to the ceremony of count ing the electoral vote In the joint ses sion of the two houses of congress, written by William E. Curtis. One of the paragraphs is as follows: - "Senator Allen, who occupied the most conspicuous place In the whole assembly, went to sleep as soon as he dropped Into his chair and snored so loud that he attracted everybody's at tention. Senator Turley, who sat next him, jabbed him In the ribs with his elbow two .or three times, but It did no good. Allen would wake up, look around for an Instant in a bewildered sort of way and then his chin would drop back on his breast again. When Nebraska was reached in the count the assistant sergeant-at-arms of the sen ate went down and shook him so that he could hear the announcement from his own state. But he didn't remain awake long enough to near republicans clap their hands when It was credited to McKinley. A little later a page wcke him up to give him a telegram. He tore the envelope open with clumsy fingers and was asleep before he had read it.- HANNA IS CRAZY MAD His Subsidy BUI Is Defeated for This Ses and the State Legislatures Don't Obey His Orders. Washington, Feb. 18. Hanna seems to have gone crazy on the subject of bulldozing the republicans. He allows it to become common gossip that he is interfering in the senatorial elec tions in states where there is a repub lican deadlock and ' issues his order that such frivolous conduct on the part of state legislators shall cease at once. They are not likely to pay much at tention to his dictates, but he will be very much grieved thereat. Really Hanna has plenty of trouble on his hands right In Washington. The chances of passing .the subsidy bill grow less and less each day. It is one of the few steals that got right homa to the popular. understanding and then the disapproval is so deep-seated that no tactics of the boss can succeed against it. Hanna and Frye become more cross each day, but It. avails them little. Surface indications would make one think that the revolt against Hanna presages party disruption. Not in the immediate future. There are too many good things to be given out. It is wonderful how the independence of the insurgent oozes out when it is sug gested that he will have certain fat patronage if he gets back into line. , The opposition Is sufficient to defeat a measure like the subsidy bill, but not by any means strong or cohesive enough to check the plunder of the treasury that is going on in every di rection and the maturing of imperial ist plans that may be seen on every hand. In this latest instance of the " sub sidy bill, the republican dissension would never become strong enough to defeat the measure. The democrats must do that. But if the bill? is de feated the democrats will take the credit. They want no better issue upon which to go before the people two years from now. The administration press is ginger ly giving out the news mentioned in these letters two weeks ago namely that the president will surely call an extra session of congress if the present one does not invest him with responsi bility, or authority to deal with the Philippines and Cuba. No one knows better than the ad ministration what a carnival of loot and plunder and extravagance will be let loose as soon as the civil author ity begins giving out franchises and arranging protection for speculators in the Philippines. .The reaction will be felt in this country within a year. No wonder the president does not want to assume .the entire responsibility. He wants congress to appear to voluntar ily cede its legitimate powers to him and then to be chargeable with the re sult. Truly the exercise of autocratic power; Is more pleasant, jwhen no re sponsibility goes with it.,; ;' The party leaders, however, are not looking for a record of this sort! For Instance the senate would not so much mind passing the Spooner resolution, giving the president autocratic and un limited power In the Philippines, but it does not like to take the initiative. It prefers to have the resolution come in from the house and v then can find the excuse to consider it. The house, however, has all sorts of troubles of its own though perhaps of varied and less dignified character than thos-e afflicting the senate. It has no notion of passing anything like the Spooner resolution. Its members have ever in mind that they go back to have their records scrutinized by the people much quicker than the members-of the sen ate, hence the need of caution. An extra session Is always regarded as bad politics, but the democrats can view It with equanimity. In this era of extravagance the expense need not deter the republicans. Like the im pecunious private citizen, what they don't spend that way -would be wasted in some other direction, so the prac tical result is the same. It would really -be very instructive to the country to see an overwhelming republican congress settle down to sev eral months of consideration of our insular policy. - ' There would at least be democrats enough to strip the mask of hypocrisy from the face of the proposed measure, and let the country know how the re-" publican party keeps the national faith and honor. Deep Is the; disgust of the adminis tration that the poor , Cubans" after, two years of our military rule still be ' lieve in our promises of independence and go on framing a constitution with that end in view. As a change of master from the Spanish we are certainly far from ac ceptable' and the Cubans believe titat they can manage a government which will be suitable for their needs.. , Of course they can, but if the administra tion lets them do that, think of the hungry carpet-baggers who . will have , to come home and look .for other places. ' ' . ' . . The rumor that all the steel and iron interests are about to consolidate Into one big trust has caused some appre hension among those who object to be ing swallowed whole by a trust. The chances " are that this particular deal will not be consummated for some time, but the trusts are growing rapid ly in all ' directions and centralizing more and more. Representative Bab cock made a grandstand play by offer ing a bill taking the duties off all steel and iron products in case the trust deal goes through. He knew the bill would be pigeon-holed by the wajs and means committee, but thought it might deceive those who do -not keep track of practical politics. By the way, where are the constitutional amendment and the anti-trust law pro posed at the last session? Buried iu committee, never to be resurrected. They were manufactured strictly, for campaign purposes and served their ends very successfully. The consolidation of railroads that Is quietly, but rapidly going forward is a matter of interest to every taxpayer. Once let the country be at the mercy of a railroad trust and the government will be either compelled to take over the railroads, and operate them for the people or abdicate and let the rail roads run the government. Even if the government did own the railroads it wouldn't solve all the problems. It doesn't in Europe where government ownership obtains, but it would be a long step in the right direction. REPUDIATE THEIR PLATFORM Grosrenor and tanon Repudiate the Ke ' publican Platform and the Former Declared Be Ifwirer Read It. Washington', D. Cr, Feb. 18, 1901. The situation in congress in reference to the national irrigation movement, is about this: The senate is all right, but the republican leaders in the house are in opposition, notwithstanding the republican platform strongly indorsed the national irrigation pojicy. The republican leaders in the house ignore the republican platform even sneer at it. Mr. Grosvenc;; of Ohio, speaking on the river and harbor bill, said: ' . .- -' i : . ' ' . -y - -. "Several times In the course of my brief career on this floor I have had occasion to say that some of these or namental propositions In the national platform have never been approved by me, because I did not know that they were there.". ; " Mr. Cannon, chairman of , the house committee on appropriations, said that the plank in the republican platform didn't mean anything; that it was only put in to catch a few rotten borouglis out west. Evidently with him, as with other republican leaders in the house, it was a promise made but to be brok en.' This disregard of the promises of the platform; among, the republican leaders in the house goes so far that the conferees from' the house on tne Indian bill have refused to concur in the senate- amendment appropriating $100,000 to begin work on the San- Cai los reservoir, and it. is announced that the speaker will refuse to give con sideration to the Newlands bill, which the committee on irrigation have voted to repor favorably with some amendments. . V (When one ot the great leaders of the republican party declares on the floor of the house that he never read the republican platform, which is what Groavenor did wb,en ne said that he did not know that 4.he plank indorsing Ir rigation ' was- In it,- and allows that statement' to 'go upon record it is enough to tnake a mullet head shiver. No more disgraceful and absolutely damnable statement was ever made by a man. ' This tmeri nerfldv of the leaders of the house,: this public repudiation of the platfornt upon which , they vwere elected, this despotic, tyrannical, arbir trary and positive repudiation or tne most solemn promises made in the most solemn way to the people of the United States, is a thing that will like ly bring trouble. If the recognized leaders of the j republican party can without dissent from their co-workers repudiate one plank of their platform they can, when it suits them, repudiate every other plank. When they come before the people for votes again, what claim can they make to the confidence of any voter? The position taken by Grosvenor- and Cannon is not only a violation of honor, and everything held sacred by honorable men, but it strikes at the very foundations of free govern ment. If - it Is allowed to go unre buked. it will Drove a breeder of an archy. If a party is not bound by . its platform there Is no use in elections. Government becomes a matter of the vilest frauds and falsehoods. How any man can deliberately cover himself with such shame, dishonor and Ignom iny is passed comprehension. Not only were the voters or the renubiican par ty, in favor of irrigation, but all the voters of all the opposition parties. After pledging their sacred honor to sur.h legislation. Grosvenor and Can non propose to defy the who'e people of the united states ana at me same time proclaim themselves repudiators and dishonest. isa. ma.) Hanna is Coining Mark Hanna is not going to stand much more fooling in Nebraska. Mark will take just so much from his loyal and loving subjects and then he will call a halt. If the legislature of that state does break the senatorial dead lock itself Mark will march out there with bis sledgehammer and hit it a few- blows just between the solar plexus and the Platte river. If the people of Nebraska continue to demonstrate they are incapable of self-governmont Markwill send his old shoe out there to govern them, and he will not send the standing army along, either. Mark needs, two more senators in his busi ness, and as they are for personal use he wants to be certain that the brand is right. Nebraska, now in the flush of good times, evidently forgets how Mark sent them rain last summer when the drouth was moving into the state for a three .weeks stay. "The people of Nebraska forget how he per sonally put his shoulder under the price of corn and held it up until they had marketed the crop. They forget other favors, but Mark is going there With a 'club to remind them. Ne braska will not need to import Mrs. Nation to break its deadlock when Mark goes after it. Chicago Record. Dear reader, did you receive a bill for your subscription recently? If so, what did you do with it? Have you forgotten the old adage: "Do unto others as you would like to be done by!" POPULIST TALK Judge Bell Gets the Hear and Makes Few Remarks Upon Trusts svud Ex-travag-ant Appropriations. It is not often that the republican majority in the house of congress al lows a populist to make a Remark, but when one of them does get a chance he says something that has a tendency to make the cold chills run up and down the backs of the republican thieves who are straining every nerve to ap propriate a billion dollars at this short session. - Last week Judge Bell, the populist member from Colorado, got the floor. After going Into many de tails relative to reform In government, Judge Bell said: "The last Colorado legislature sent a committee to New Zealand to ex amine the advanced condition of that country, and that committee has made its report to the present legislature commending many of their advanced methods and the operation of a gov ernment of, .by and for the people. "The authorities in Canada are now discussing -the advisability of expend ing the surplus revenues in buying the private telegraph systems of the do minion, and so the work and the senti ment of the economic world move oil in the interest of the people all around us and while the people of the United States are plunging headlong into the vortex of complete syndicate domina tion. "The North American, a republican paper, on February 6, in discussing the unprecedented amalgamation of capi tal during the last few months, and of the steel trust in particular, says im mense quantities of the stocks of cor porations wanted for the combinations were quietly absbrbed at the low level. The multi-millionaires had absolute confidence of the re-election of Presi dent McKinley, although they did not show their hands until after the elec tion, when they were sure of a clear field for four years. - "It is not impossible that this fav ored one of the trusts and combines will unwittingly be the stumbling block of "their downfall. Are no they so overworking these open opportuni ties that they are hastening their own ruin? But someone savs: 'Be specific and point out some of the great abuses of this government and locate the evil.' "I would say unhesitatingly tlet the responsible source of the evil is in the truckling subserviency, of congress; congress tolerates, nurtures and en courages all existing public evus. The abominable spoils system and the per sistent attempt to remunerate the great syndicates and trusts all over this country, for their political aid, and the endeavor of congressmen to pre vent other high officers in other de partments of the government from per forming their whole duties, is a with ering blight on our body politic ; "The everlasting tramp of the em ployes of the government at the heels of congressmen and the nauseating as sociation that they must uave congres sional influence for every move is most despicable, disgusting and de-; grading." . . . State Affairs The Independent is willing to risk its enviable reputation for forecasting matters of public interest by saying that every indication now points to a depreciation of state warrants. This will come about not because the state is less able to meet its obligations, but simply because a little coterie of war rant brokers In Lincoln desire it. It would not be surprising to hear one of these fine mornings that some republi can district Judge has issued an order restraining the board of educational lands and funds and the state treas urer from investing the trust funds in state warrants, 'because of some hair splitting constitutional objection. Of course, these state officers would be greatly chagrined! And the coterie of warrant brokers would suddenly dis cover that "interest rates are higher, you know, and we can't give more than 95 for a 4 per cent warrant." If such an order should be made, it is highly probable that the newspapers would be enjoined against commenting on it-- and there Is a further probability that The Independent Would be "up against it" for contempt. The flop of the republican state au ditor has given the insurance compa nies a rake-off of $25,000 and a similar flop of the state treasurer in beating the reduction of Interest on warrants will give the bankers and brokers an other rake-off . of about the same amount. That is the way they start out. what they will do before they get through in way of rake-offs we will have to wait to see. "Oh, we may have hard times, and the money market may get tight' Treasurer Stuefer is reported to have said, commenting on the state senate's action In refusing to reduce the Inter est rate on state warrants, "and then we would not be apt to have so much cash on hand to pay warrants as we have now." ' Evidently the amiable treasurer is not acquainted with the records in his own office and does not know that taxes have little respect for tight money markets. If he will look through the reports of his predecessors he will find this state of affairs: COLLECTION OF GENERAL FUND TAXES. Biennium ending Nov. 30, 1894 ....... . : . $1,909,035 25 Nov. 30, 1896 1,667,316 91 Nov. 30, 1898 1,798,858 OS Nov. 20, 1900. 1,731,682 60 We certainly had short enough crops and a tight enough money market the first 4 years, yet the collections were over $45,000 greater than in the last four years. Fact is, the treasurer and his warrant broker friends were simply looking for a very small hole to crawl through and they failed to find even that. Only a short time since, the republi cans were worrying because it was feared that the state treasurer would have difficulty in keeping the educa tional funds invested. Then the re publican state senate promptly kills a bill to reduce interest on state war rants from 4 to 3 per cent a bill which if enacted Into law would save the tax payers $17,000 a year and at the same time enable the treasurer to purchase a still larger percentage of the war-, rants issued. Evidently the republi cans are like the professional tramp hunting work searching diligently, but praying to God they won't find it. THOSE SPANISH BONDS A Big- Lobby in Washington Determined That the United States Shall Force Cuba to Pay Them. Preliminary, skirmishes In a battle for about $450,000,000 has already be gun in Washington. Holders of the Cuban war bonds, is sued by Spain to raise funds for the prosecution of the wars in Cuba, are again moving to get their money back. A lobby is already at work in Wash ington, and it has had representatives at the Cuban constitutional convention seeking to shape the constitution of the island so as to admit of a com promise regarding this stupendous claim. In Cuba the bondholders have met with defeat. The draft of the consti tution now being considered shuts out any possibility of a compromise on these bonds, but has left the way open for the payment of the bonds of the republic of Cuba issued by the junta. This provision appears in the twenty third section of the draft. "The republic of Cuba does not rec ognize, nor will not recognize, any debts or compromises contracted prior to the promulgation of the constitu tion. - : - "From the said prohibition are ex cepted 'the debt and compromise legi timatelycontracted for In behalf of the revolution f rom and after April 24, 1899, by corps commanders of the lib- erating army until ....7bnwMcnthe constitution, and those, which the re volutionary governments contracted, either by themselves or by their legiti mate representatives in foreign coun tries, which debts and compromises shall be classified by congress, and which body , shall decide as to the pay ment of those which in its judgment are legitimate." v- - ' - It is said here by men high in the government that an effort will be made when the constitution is submitted to congress for its approval to amend the constitution so as to open the door to a consideration . by the Cuban govern ment, when formed, of the claims un der the Cuban debt. v The representative of the bondhold ers . will seek ; to Have congress act quietly, and. these men are spreading the talk in favor Of an extra session of congress. They believe that if they can get the constitution amended they can make "arrangements" with the Cuban government whereby a compromise can be reached. With this end in view they will seek to hurry the withdrawal of-the United States from Cuba, and the turning over to the Cubans them selves of all the affairs of the island. The first effort in this direction was made by McKinley himrelf. He ordered General Wood to make representation to the Cuban constitutional conven tion to the effect that the constitution should grant power to the United Stat es to control the island's expenditures and debts. General Wood did as he was ordered, but the convention paid not' the slightest attention to the sug gestion. The foulness of this man McKinley is like the foulness of satan. Fool Them Again , Congressman Babcock of ..Wisconsin, one of Mark Hanna's chief sub-managers of the republican party, has in troduced a fake bill in congress so that the party can play the same game with the mullet heads that they played with their bill, to suppress trusts. He proposes to remove the tariff from all steel products except fine cutlery and high grade articles like watch springs. As a bluff, this is about the limit. Bab cock knows, and all the rest of the country knows, that there is not the least chance of the bill going through in the twenty days left of the present congress, and when the clock strikes 12 at midnight of March 3 the present congress is as dead as a tariff -protected trust's conscience. But is not Babcock making a dangerous . admis sion? Is it possible that he is' admit ting that the tariff has something to do with the great, steel combine? Not Plutocrats One of the great dailies makes a most bitter complaint about the Cuban constitutional convention. It says: "It is said that not one member of the convention is the owner of $1,000 worth of property." That settles it. in the minds of our congressmen. In their eyes If a man does not pwn a thousand dollars wo th of property, he is utterly unfit for public duties. Before a man can love liberty, think or reason, he must have a .thousand dollars. It makes no dif ference if the man has been engaged in fighting for his country for ten years without pay. It makes no differ ence if his property has been confis cated by the tyrant Weyler. If he hasn't got" it at the time he sits in the convention, he Is unfit for the position. Jesus Christ never had a thousand dol lars In all his life, neither did Adam Smith, and Paul had to work at a tent makers trade to buy bread." Neverthe less a man must have a thousand dol lars or he can't know anything. AT SAME OLD TRICKS ! The Acts of the State" Officers Indicate That the Old Gang: Is Ilunnioff Things in the Old Way. Each week something develops afi . the state house to convince even a con firmed mullet head that the boasted republican "business' administration is falling into the same old rut along which the Thayer-Churchill-Bartley-Moore combination travelled, j It la hardly to be expected that Treasurer Stuefer will embezzle any of the funds or that Auditor Weston will pocket any insurance fees In fact, the dis honesty of certain republican officials in the past, that is the downright stealing, was only an incident which might occur under any administration where the people are kept In tbo dark about what is being done by thi stato officers. But the chief objection to re publican state officers the past fifteen or twenty years Is the fact that In ev ery possible way they have endeavored to serve a few to the detriment of the many. They have construed evei.y law as favorably as they dared in favor o the quasi-public corporations and, against the interests of the public gen erally. Long ago republican officials ceased to represent the great body of people who elected them, and tho whole party has for years been run in the interest of a favored fev who were on the inside. Every campaign the cry of "new blood" is raised and the mullet heads walk up to the polls and try to elect members of the same old pack of wolves, each time masquer ading under a slightly different brand of sheepskin. Last year the mullet heads predominated, and those oi! them who were not imported - from other states will for another two yearn hava to pay the penalty of having a republi can administration. The only Injustice in the whole matter is that the punish ment will fall upon hundreds of thou sands who protested against allowing the state government to fall into tho hands of those well known, by all ex cept the mullet heads, to be the ab ject tools of the old-time clique. With a national banker governor, owned body and breeches by the Bur- lington railroad; a banker state treas urer, long ago identified with tb old gaag; -an -a4itor owned by the insur ance trust; ' a" seccetary of state, a political accident; a irt an at torney general who acts tft part of "Necessity" because he knows W law, i i - a. n rtvi..A wnai can me people expect .YVrt& ouehr. thev tn exnert? . Last week The Independent called attention to the auditor's ruling re gardirir the reciprocal insurance fees and the f acttfiat the state would lose $2&$00-to-. $30,000 a year by such rul infirIt called attention to the gover nor's pet bill to introduce "under-the-hat" methods . in purchasing supplies for state institutions. It. called atten tion to the action of the board of edu cation lands and funds in reducing tho premium on state warrants, and tho fact that the treasurer In January lacked $20,000 of'equalling-the invest ment made by Treasurer Meserve ia January, 1900. , This week The Independent calls at tention to the recent action of the stato senate in killing Representative Mur ray's bill to reduce the interest rate on state warrants from 4 to 3 per cent. We quote from Sunday's World-Herald: "Persistent rumor says that brokers who deal in state warrants, particular ly prominent. Lincoln men, together with State Treasurer Stuefer, operated with success on the senate committee, and induced It to recommend the meas ure for indefinite postponement. Treas urer Meserve, in his biennial report, recommended this reduction of inter est on state warrants, and when Mr. Murray Introduced his bill it had the hearty and outspoken support of Treasurer Stuefer. On learning of , . I 1 At t J tne treasurer s suaaen cnane oi. mum, the representative from Thurston ap proached Mr. Stuefer and asked what his reasons were for reyersing himself. " 'Oh, we may have hard times, and the money market may get tight, Mr. Stuefer is reported to have responded, blandly, 'and then we would not be apt to have so much cash on hand to pay warrants as we have now. If the in terest rate were fixed at a lower flguo than at present. It might have the ef fect of making warrants sell below par.' " 'But surely you don't expect that we are going to have any hard time3 as long as the McKinley administra tion Is doing business, do you? asked Murray. " 'Well, er no, not exactly,' slid Mr. Stuefer, seeing that he had put his foot Into It, but then, you see, we may make money hard to get in Nebraska. "Ex-Treasurer Meserve givet it as his opinion that there is no probability of state warrants going below pifr with the reduction of 1 per cent on interest, provided state funds are handled In a business-like manner. He, -while treas urer two years ago, did not hesitate to recommend reduction of interest from 5 to 4 per cent, and the incorporation of his suggestion into law did not have the effect of forcing warrants below par. Instead, they were selling at 1 per cent premium when he retired from office, January 4, last. It. would seem from the action of the republican senate that it is feared Mr. Stuefer can not continue the good services ren dered the state by his predecessor." Let us examine into this matter a little. The legislature of 1899 appro priated something over two million dollars from the general fund; the present legislature will appropriate about the same amount. Th;it will mean a possible issue of general fund warrants of approximately $1,000,000 each year. Under present conditions of the general fund these warrants run after registration from eighteen to twenty-two months before being called for payment; hence, at 4 per ctmt, tho interest on a year s issue of warrant i i ,