1 THE NEBRASKA INDEPENDENT May 23, 1901 4 IN ADVANCE ms.j vita ew ai, patmiar, Ve to fc ferr44 fey tfem. Ttr fraQaaatl? rwil a tflfMnI iwntt taaa wm left wili ts. e&4 t&a UcriWr Uil (a (t -ei. AddLr dl c4M<ioaa, ead w.k all drafts. wt; ten. t ir CJ& tlttrjsks JmdeptBdtat, Lincoln. Neb. Aaacravom rvtotaskatsa will at be o- aaL The crat rise In scores of railroad flocks that never paid a dividend and prob&Uy Dter mill. hows just tow crazy a sold bug lunatic can get. Tcc2tc is th- first southern state to put a stop to tie horrible child la lor in the t &ctoris and nines. North- era cipltalitts will hare to look else where for child slate hereafter. Dietrich says Joe Johnson is a thief and J- Jobnsca'aays but it wont do to print what Joe Johnson says about Dietrich. Populist know all about both vt ttetn without b-ing told. This nation can never be driven to contract lb currency again, tut there yrill be tb t'iggest fight that the world ever taw with the trusts, who by the tew scheme intend to take ail the profits cf Industry. The Lincoln ire trust has a jolly time. The town La an overwhelming republican majority and no one dares to object for that "would injure the purty." The irire is about twice as high a it vm last year. The foreign troop have learned to to love the city of I'ekin that when they leave they will take nct of it along with tbn. Th?.t is if they ever do leave. Upon false rumors that they were icon to depart they shipped a greater part on ahead. Mark Twain says that the persons who went to the recruiting ofSces to c2Ter their service in the Und-stealing and Ifberty-ercicifyins crusade in the Philippines had names that no Ameri cas could pronounce without danger to his jaw. cor rpeil them without a foreiga education. t."n!e all rintits are suffering from delusions and imagine that they e thing that do cot exist, animals ruffer from many cf the same diseases that aviSict man. Tuberculosis Is found ia eowa and other animals. Do cows suffer "from mortal errors" and sim ply -believe"' that they are sick? The heavenly twins have become separated. The last heard of Thomp son" choice, fce w& bumming around la the Black Hills with the D. & M. railroad officials. Hartley's partner fcas set up a pie counter in the Millard bote! at Omaha and says that he will remain there dividing pie until con gress meets la the fall. Brad Slaughter has lost his job and has been discharged from the United Elates army. It Is to be toped that will return home and take his old place In charge of the republican ma chine la this state. The pops used to fcave lots cf fan carrying elections when Brad ran the republican state cemmittee. General Fred Grant is back from the Philippines and is proving him self to be a bifger fool and worse cad than when he went over there. The first thing thrt he did was to ruth Into print and declare that Bryan was responsible for the war in the Philip pines and that on his hands was all the blood that was ever shed In the li lands. ilcl-aurin knowing that he would i soon be a statesman out of a job. has been laying his plans to land in the dead deck haven prepared by Mc Kinley for all such creatures. The dead duck have a Is a membership on some commission at a salary of 13.000 & year. There was wnere Coil Oil Johnny landed alongside of half a dcaea more, and that Is the hope of McLaarta. Whea a wage-worker does a heroic act la saving life, by which he loses his own, as one did the other day. or Is disabled, there Is no promise of promotion or pension for himself or widow to spur Lira on. as there Is In the amy whea a soldier risks his life la the esdeavor to kill someone else. The soldier's heroic act is made a matter of record and Is proclaimed frca n end cf the country to the other. That of the hero wage-worker !j mentioned once and then forgotten. Nevertheless, the wage-worker hero Is the greater of the two. OS E WATER 7 if the state ia client n the fall-down of JacDaiug iuo l ail ?arty press may ssue now, but it 3 evade when It le In the form of L headed by the maha Bee, May Although a careful analysis of the question at that time revealed the fact that the railroads would pay a larger percentage of the taxes In 1900 than they tad ever before paid, yet the re publican strategy board, assisted by a cumber of fusion editors who, too lazy to give the matter proper investiga tion, jumped at conclusions and joined In the howl of the republican wolves, evidently succeeded in making the peo ple belkve that the fusion board in 19v0 did net perform Its full duty. The election returns seem to Indicate that the editorial note above quoted, along with hundreds of others of the same tenor, had, considerable effect. After careful study cf the question at that time (19i0) The . Independent believed that the assessment of 1900 was high enough when compared with the valu ation of all other property, and It held to that view. But the people seem to have thought differently, and The In dependent will accept their ultimatum. The people believed that the rail road assessment of 1900 was not high enough, and expressed their displeas ure by electing republican state officers who promised relief And how have thee promises been fulfilled? Why, by reducing the valuation $44,000 on the Identical property which the peo ple said was assessed too low by the fusion board last year. It Is plainly a case of "out of the frying-pan into the fire. How do you like it? And now will the Friend Telegraph, Rush vllle Recorder, Tekamah Herald, Nor folk Journal. Norfolk News, Alliance Times. Falls City Journal, York Times, and divers and sundry other republi can papers, who howled themselves hoarse last year, please step up to the rack and tell us what they think of the 1901 railroad asiiessment? In view of the fact that B. &. M. stock is now selling at 200, there is much more reason for a raise in the assessment this year than there was last but the republican board reduced the total $44,000. Come now! Look pleasant and take your medicine. What possible excuse have you to offer? When the railroad assessment was up to Governor Savage, Treasurer Stuefer and Auditor Weston, they found they were up against it and cap itulated to the railroads. Adapted from the Omaha Bee of May 16, 1900 And the republican state board of equalization, headed by Governor Sav age, has fixed the state assessment for all the railroad property in Nebraska fc-r 19U at $44,000 less than in 1900. Behold reform. Adaptc-d from the Omaha Bee of May 18, 1900. For fear that Treasurer Stuefer has forgotten about that quarter of a mil lion of idle school money the Bee again suggests that the public be taken into his confidence and Informed if it is still deposited with the Omaha bank ers who acted as his "committee" when he took charge of the office, and who is getting the interest which is, or should be, accruing on it. Pat terned after editorials which appeared in the Omaha Bee frequently during Treasurer Meserve's term ,but which apparently have lapsed into inocuous de-suetude since the advent of a re publican state treasurer. Why, Mr. Rosewater? In the face of the notorious fact that the railroads have added millions of dollars worth of rolling stock to their equipment, and made millions of dol lars worth of terminal and roadbed im provements, and In the f jce of the fact that their earnings have more than trebled within the past nve years, the sham reform officials have fixed the railroad assessment for 1901 at $44,000 less than the figures for 1899 and 1900. Adapted from the Omaha Bee of May 19, 1900. THE RAILROAD TRUST The atteirpt of railroad magnates wLo bae Ixen trying to consolidate all the transcontinental lines under'one cnanagement and issuing stocks and bonds to quadruple the" cost of du plicatint; those routes with the hope of permanent returns upon that much watered capital. Is bound to end In general public disaster. There can by no possibility be any other end to it, not even if the republican party re mains in power. This is a country of vast productive and wraith creating power. It Is not conceivable that there will not trise men outside of the trust who will have the money and business ability to parallel those lines and make a big Income upon a capi tal of less than half of the capitaliza tion of the consolidated lines. The only thing that can prevent such an ending Is the establishment of a dicta torship In this republic. Perhaps that Is what these magnates rely upon as they announce that they are going to run McKinley for a third term. The geniuses In finance as well as in literature always come tip from the ranks of the common people. There is hardly a magnate, today who does not brag about1 having begun his career as an office boy. The next generation will produce more like them. They will not come from the families of the trust owners, but from the farms and shops. Their interests in the begin ning will be antagonistic to the trusts. They will not fail to see that the great trust roads are making quadruple in terest on their investments In rail roads. They will build a parallel line, reduce the rates on half and make double interest. on their investments. Then If railroads still remain in pri vate ownership, the new generation of magnates will combine again and the increase in population and business will enable them to play the . old or some similar game. The mullet heads of that generation will continue to wear patches on their pants and vote the republican ticket and for the trusts. The ever-recurring panics will continue to intervene. CANADIAN TRADE No greater proof of the insanity that has been developed at Washington in regard to foreign trade could be fur nished than the wildness with which the subject has been discussed in con gress and the statements made by cab inet ministers. The idea that this country could forever have a balance of trade, running up into the millions every year, while foreigners could be prevented from sending their goods here in exchange by prohibitive tariffs and the balance be forever paid in gold, is too absurd for discussion. That is the theory that is advocated, not only in congress and by the members of the administration, but by every ninnie that edits a republican paper. They never stop to think that if that policy was long continued, every ounce of gold in the world would have to be sent to America and the foreigner would be left without anything with which to purchase our goods. The same sort of insanity has per vaded their discussions of our trade with what they call "our new posses sions." That these people, living as they do in tropical islands where most of the goods we manufacture could not be used by the inhabitants, who do not want them and wouldn't use them if they were given to them, could ever become great buyers of our products, is absurd. On the other hand, there is Canada whose inhabitants need our woollens, our stoves, our agricultural instruments, our products of every. sort and kind and no thought is taken of that trade that would amount to more than we could by any possibil ity force upon the Malays of the south seas or the inhabitants of tropical Cu ba. A writer in the New York Com mercial Advertiser in speaking of the Canadian trade, says: "Remarkably little attention is paid in the United States to Canadian af fairs, and this is fully realized by the Canadians. Many government reports and columns of space in the public prints are devoted to a discussion of the best way to gain a few dollars of trade in Cuba, the Philippines, China or other out-of-the-way countries. whereas within twenty-four hours' journey of nearly every state in the union lies a market capable of absorb ing $100,000,000 worth of American goods more than are now shipped in that direction. The people of Canada are of one and the same race, speak the same tongue, and have the same habits and customs as do the people of the United States. That there should be any drawback to a fair exchange of commodities between the two nations is certainly a political mistake." A STRANGE STORT The Independent has received a statement from Washington from a source that has always been proved reliable to the effect that a lot of multi-millionaires have put up a big pile of money on silver. They have made an arrangement with the smelting trust so that a prospective rise in sil ver will go principally into their pock ets. The writer believes that the great banking interests whose money has largely been transferred from bonds to the stocks of the Industrial trusts, will favor the larger use of silver as money and possibly become advocates of the free coinage of silver. If that Is so, there will be no benefit to the people, for the trusts will control all production and the profit on the rise In prices will go to them. Everything points to the fact that the multi-millionaires are basing all their future transactions on the perpetuity of the trusts. Their gains have become so enormous that bonds no longer fur nish them with a place of safe invest ment, and they seek for the control of Industry. The tremendous and unex pected output of gold upset all their calculations and they have adopted the trust route instead of the bond route in their effort to own the world. The song birds about Lincoln must have watched the proceedings ' during the last legislature. At any rate they show themselves more freely and are more numerous than ever before. They evidently rely upon the law for their projection. WHO WAS MISTAKEN In looking back over the contest that culminated in the United States senate in 1893 in tne repeal of ; the Sherman law, it may be well to ask: "Who was mistaken?" The econom ists, and by that we mean every man whose writings are accepted as author ity in the whole world, were all bi metallists and were opposed to the elimination of silver from the money of the world, were certainly not mis taken in the theories that they advo cated, for recent events have proven beyond contradiction that they were sound. They based their argument wholly upon the quantity theory of money, and claimed that a contraction of the currency would decrease prices, and an increase would raise prices. The sudden rise in prices upon anjn crease in the quantity of money soon afterwards has settled that question beyond dispute. : The economists were mistaken in one thing.' They reiled upon another branch of science for certain informa tion and adopted what that science furnished without question and with out investigation. Every geologist from Austria to Australia gave it as his opinion that the great fountains of gold had been exhausted and that the output , of gold would tend to de crease rather than to increase. All parties accepted this testimony as true and the men who advocated . the e limination of silver believed it more firmly than their opponents. It was because they believed it that they made the fight they did. Both sides were mistaken about this and the tre mendous increase in the output of gold has been more disastrous to the theo ries and plans of the gold standard men than to the advocates of bimetal lism. It has forced the great capital ists to change all their plans of in vestment and to start out on entirely new lines to capture the wealth of the world. Before 1893 tbese men had all their investments in interest-bearing bonds and their object was to make bonds and the" interest that they re ceived more ' valuable of greater pur chasing power. The Rotschilds were never known to invest to any extent in any industry before 1893. It may be said that while both sides were mistaken in their estimates of the future output of gold, the theories advanced by gold standard advocates to sustain their position have been completely demolished by subsequent events. The arguments presented by them in 1896 and 1900 have been so entirely destroyed that they will never again be presented to an intelligent people. On the other hand the state ments made by John Stuart Mill, Faw cett Jevons and' all other economists' of authority 'concerning the quantity theory of the purchasing power of money, which was the basis of every bimetallic argument; stand and will stand for all time to come. Some of the economists feel like kicking themselves for giving implicit faith to the statements of the-geolog-ists. Every one of the geologists claimed that, all the great gold fields had been exploited and that what gold there remained would have to be ob tained by deep and costly mining. They said that gold was the heaviest metal and had been thrown to the sur face when the world was In a molten state and the face of the world had been searched for it. That nothing remained but the molten metal that had afterward percolated down through the rocks In small veins which would be exceedingly .costly to mine. They acknowledged that while the placers were exhausted that there was no process by which it could be gathered. The economists now say that they were at 'fault in that they did not investigate this matter for themselves instead of relying on the geologists. If they had, they would have taken Into consideration the fact that the greater part of the mountain ous regions of the world at that time were unexplored. No investigation had been made of Alaska, the im mense regions .of Siberia and the con tinent of Africa. Of course neither the geologists nor the economists fore saw the inventions that have made the gathering of flour gold profitable and the old dumps in Colorado and elsewhere of immense value. The cyanide process was undreamed of. The question now arises what would have happened if the free coinage of silver had been adopted in 1896. Would there have been such an inflation of the money volume as to have started the wildest speculation and unset tied all values? All the economists say: "No." In the first place they would have prevented the issue of the immense volume of paper that has been put out through the banks which amounts now to about $110,000,000. In the second place, much of the capital that has been put into gold mining would have been invested in silver mining and the output of the two met als would not have been much greater than the output of gold and paper un der this administration. Then in answer to the question "Who was mistaken," it may be replied that both parties were mistaken in their estimate of the output of gold the .gold standard men much more so than the bimetallists,. As regards the econ omlc theories advanced, the gold standard men much' more so than the bimetallists. As regards the economic theories advanced, the gold standard side has been completely demolished and that of the bimetallists stands, demonstrated by actual experiment, and probably will never again be as sailed. NEW ROTHSCHILD'S PLAN What made the great banking Inter ests controlled by the Rothschilds al low the increase in the volume of money? For years they had striven to make money dearer so as to increase the value of bonds and the purchas ing power of the interest on them. They held the republican party in the hollow of their hand. "The reason was the sudden increase in the output of gold. That was a thing that they did not expect and could not control. Colo rado Alaska, Australia and the Trans vaal began to pour out gold in un heard of quantities. There was no way to stop it. Money was bound to become cheaper in spite of all that they could do. They could control parties, parlia ments and congresses, but could not control the stream of gold that came pouring in like a mighty river. Under these circumstances they re considered their policy. They went into industrial investments and these would be enhanced by an increase of the volume of money. They saw that the way to increase their wealth and power was to get hold of the indus tries. That could be done by the formation of trusts and the hint was given to McKinley. Trusts were to take the place of the power of the bond-holders. From that day to this there has not been a move made in Washington against trusts. Trust at torneys were at their command; they made members of the cabinet and ev ery opportunity given for the estab lishment of trusts. From this on, the trusts will have as absolute control of the republican party as the bond-holders have had in the past. Instead of interest-paying slaves, they intend to make the people hirelings of the trusts. The republican party will bend all Its energies to carry out this new Roth schilds plan, just as it has in the past, to carry out their former schemes. The trust is to take the place of the bond-holder. Now is the time of the year when the republican farmer begins to com plain about the twine trust. Novem ber is the time of the year that he gets out to work and vote to sustain it. The republican farmer is a queer chap. With more than a thousand millions of paper and silver in circulation, Rosewater still talks about the "gold standard." If the old man gets much wilder, Governor Savage will have to provide a place for him out at the asylum. Time and again The Independent told its readers during the last presi dential campaign that the trusts would make of us a nation of hirelings with a few arrogant employers to rule over us. Was it not the truth? Yet the people voted to become hirelings. The way the republicans tax railroad property is a caution to the saints. The Omaha Interstate Bridge and Ter minal Co. is capitalized for $5,000,000 and the republicans fix its valuation for taxable purposes at $18,000. When the railroads have two members in congress, two United States senators and the whole state house gang, noth ing but that sort of work could be ex pected. An interesting letter appears in an other column from Mr. Frank L. Mary, president of the Independent Home Makers Company. He explains that, owing to circumstances, he was un able to send any letters to The In dependent while on his tour of inspec tion; but for the next few weeks he expects to give our readers a pretty clear idea of the different places he visited while on his tour of inspection. Applications for location stock are coming in at a very satisfactory rate. Read Mr. Mary's letter. Mr. Gaffin closed up his accounts last week and turned over to the state all the funds in his hands. The record shows that he has turned over during the last two years from the oil in spection office the sum of $11,142.51, being more than double the amount ever before received from that office in tho same length of time. Now that the redeemers have control and the celebrated Ed Sizer has' been put in charge, we will see how much Is turned in for the next two years. The soldiers in the Philippines say that there is no other way of account ing for the disappearance of so many native guides and scouts when they get a little in advance of the column and out of sight that they are swal lowed by the boa constrictors that in habit the brush. These guides have all taken the oath of allegiance and are generally paid partly in advance. When a Malay once hears of the great and good McKinley, that he would af terward disappear unless he was swal lowed by a boa constrictor, is not to be believed. - The tactics of plutocracy has al ways been the same in every age of the w world; " When Jefferson under took to make this a democratic, in contradistinction " to a government by an aristocracy as advocated by Hamil tbn, he was denounced In almost the same language that was used In the republican press during the campaigns of 1896 and 1900 when Bryan tried to bring the cbuntry back to Jeff erson ian principles. They, in Hamilton's time, said of Jefferson and his adher ents that . "Every dissolute intriguer, ioose liver, , forger, false-coiner and prison bird; every hair-brained, loud talking demagogue, every scoffer and atheist, was a follower of Jefferson, and Jefferson himself was an incar nation of their theories." Every man who in these later days has made an effort to hold the government to the doctrines enunciated in the Declara tion of Independence has been assailed in similar language. That is the way that plutocracy has of expressing It self whenever its special privileges are assailed. Every once in a while there is a claim made that the American Indian is disappearing and soon the plains and the mountains where his fathers lived will know him no more forever. There Is not a word of truth in these statements as every scientist of the Smithsonian Institute who is con nected with its ethnological or anthro pological sections well know. But there is a race down east who need the sympathies of these sentimental folk much more than the American Indian. It is the New England Yan kee. Vital statistics in New England show a continual decline in the birth rate of the native population. They indicate that but for foreign reinforce ments that part of the United States would be losing ground. ' If the old Puritan Yankee is to disappear it should be the cause of just as many sentimental tears as the fading away of the aboriginal inhabitants. A dispatch says that the last pen sioned soldier of the war of 1812 has just celebrated his 101st birthday. The war of 1812 ended fifty years before the civil war began and if the record is kept up there will be pensioners of the Spanish war on the list in 1951 who were actual soldiers, regularly en listed. Besides that there will be many widows. The records show that there are still twelve pensioners on the rolls fcr the revolutionary war. These are young women who married very old soldiers. One authority says: "There is every reason to believe that in 1951 the. civil war pensioners will still constitute a body formidable in numbers and in voting strength. Very few persons now living will see the pension roll disappear. The pension ers themselves are likely to be among the last survivors of the present gen eration." Imperialism puts its word in ev ery department of literature. In a purely scientific article in a current magazine the following sentence oc curs: "The discovery of the Roentgen ray is, to those that understand, as little surprising or abnormal as the spread of American power in the east." There, in the middle of a purely scien tific article, is thrown in a sentence which atfirms, when taken in connec tion with what precedes and follows, a statement that McKinley's antics in the Philippines' were the unavoidable result of logical, scientific advance ment. That is a trick that these fel lows have been playing for the last ten years. They attempt . to force re ligion, science and the laws of nature into a seeming support of their im perialistic and plutocratic ideas. The industrial commission is made up of fraud and fat salaries. That combination has a fascination for re publican editorial ninnies. It is the same sort of thing as the commission appointed in the eighties for the pur pose of making statistics to prove that there had been a phenomena! rise in wages. The way they did it was to in clude among the wage-earners all the high-priced superintendents and scien tists who were engaged in the indus tries, some of whom got as high as $50,000 a year. After counting all these chaps in as wage-workers they struck an average, and lo and behold, there were the figures to prove an enor mous rise In wages. They have been quoting those figures ever since. They prove the beneficence of the Dingley tariff. D. E. Thompson returned from quite a stay in Mexico the other day. He re ports everything booming down in that free silver country where he had the good sense to invest his money In stead of "gold standard" Nebraska. Therein Thompson made a big mis take. He only read the republican pa pers and thought we had the gold standard here. A copy of last week's Independent has been sent to him and when he finds out that there is a great deal more paper and silver, money in circulation at home than there is of gold, he may conclude to Invest some of his money here Instead of taking It all to free silver Mexico. HAND PAINTED BUTTON PICTURES Mad From Any Photograph or T!utyp : and Mounted in Gold PlaUd Frame a Illustrated t Free ' to INDEPENDENT Readers. Among the many elegant and valuable premiums that 8 have been offered for new subscriptions there have been none that compare in beauty with the Hand-Painted Button Pictures we are now sending out. We give one mounted in an elegant gold-plated frame with pin for wearing or brooch j or breast-pin attachment free ' as a premium for one new yearly subscription. These j pictures are hand-painted In . colors a class of work that you could not secure for less 3 than two dollars In any art ? 1st s studio in America. We s can give them as a premium only because we take them in ' large quantities. Each pic t ture that we send out is a work of art and of a quality that any young man, young 5 lady or woman would be ' proud to wear. The original picture will be returned to. t you uninjured. Why not se cure one new yearly subscrip ts tion to The Independent and secure one of these beautiful J pictures of your child, your wife, or other friend or rela 5 tive? t You'll be . proud of it and count it one of the finest pins ? you ever wore. If you are interested write for sample of work and we 8 will send it to you by return mail. The work is so much J better than any description J we can give that we are more t than pleased to send samples free to any who are inter est ested. Address, J THE INDEPENDENT, Lincoln, Neb. P. S. We wish to secure a representative agent In each community to take subscrip-. tions in connection with this premium and will send sam pies and terms to any who will write. Good chance for bright boys to earn good & wages during the summer months. tX 8 8 J J J J J I Jt , J 5 The times when we burned corn for fuel, when a man shipped a carload of corn to Chicago and had a bill pre sented to him of eight dollars, which was. the cost of hauling, handling and selling the corn above what it brought in the market, were republican times when the republicans ran everything and did as they pleased in this state and nation. Don't you remember those times when it was misery to live. Those were tho days when John Sher man was fighting greenbacks and sil ver. Since that they, have learned bet ter and flooded the country with pa per money and silver. Now corn is worth 50 cents in Chicago and hogs are away up. There Is more paper money and silver dollars in circula tion than there ever was before. The republicans call It the gold standard. Unless the suckers grow on the trees and hang to the eves of the houses down in New York, the price of stocks will have to come down so that an in vestment' will pay some rate of inter est. The New York ninnies who edit the papers down there get very Indig nant when -any reference is made to John Law, South Sea Bubbles or Hol land Tulips. It may be that the people have become so crazy that they will continue to buy stocks that never paid a dividend and never will, or "xa.y $500 for a share of stock that only pays 4 per cent interest on $100, but it hardly looks probable. There is no way of telling what the provincials who Inhabit that part of the country majr take a notion to do. They were unanimously in favor of ruining the country with the gold standard. The galoots who had no more sense than to go around shouting for dear money in 1896 and 1900 who thought that it would be the right thing when money was so dear that 5i nts would buy a bushel of corn and dreamed that the dearer money became the more chance there was for the poor to become rich, have so impressed the writers who furnish matter for the re publican weeklies that they have now gone to writing stories about the "bear men" who carry off girls In Texas and the "hairy men" of Wyoming'who can hurl a horse and rider fifty feet. The mullet heads believe those stories just as they used to believe every word that the Mark Hanna campaign ora tors uttered. It is now announced that about 140, 000" barrels of beer have been exported to the Philippines from the United States and that every gallon of it had to be especially prepared to make it stand the long voyage and keep in that climate, or, in other words, it was "em balmed." There is no wonder that so many insane soldiers have been sent home from Manila. Formaldehyde is not good as a steady diet either lu beef or beer. . 4 t ' V