V 3 THE NEBRASKA. INDEPENDENT. November 7, 1901, t OTHERS AIL CONSULT SEARLES &SEARLES Main Office Lincoln, fleb. wife SPECIALISTS Iff 3Seraa Cbraala auxl Privet IMmmm, WEAKAiEN'SJjr All private d'eeeec-a sad 2a etcex f ben. ' Treattoeat t-j" -ail : coeasit&tSca f re. KplUie garod for Iff. Aiitmiio' femaia wa aad Diitnti of Wo- Electricity Wit Madlctn. 0f ft ta raera&tea to cmra all cuh erratic a Ki fce. ureal, cr. fwnsvB, jiTer. diooo, siaer4 aweary tiHW. LxMt MeaAood, Ni(ht Uim Jiyrwsti. 'arieoceie. Gonofrka, feeet. t,. t ttala and fevctat Uieera. Isiaaetee afi tr-rtl SIOO.OO fo ease ct UUKKH. .HJttMATlfeM. LV SPEC'S LA li I r UIUI we east cart, if eeraUe. Strict-rs & Gf 521 Saw Ca3. r aASreea w!rfc ctaey 1 Mala Office On. SssiIes & Sear !es ! LCOLN NEBRASKA FIFTY CEKT WHEAT Ta IclJata la Prie I ell tpa tit Amr traa finnfrt evavd mttt ttrv Meslcame Editor Independent: I have writ lc to long artick-s fa jour col 5!Ly, one for the purpose of explaln, icg jast tat caused the decline in Ike export price cf the barrel of Cour to Braxtl from In 173 to 1.1Q in !;!. and tie otter article for the purpose cf explaining Just what -aused the dcii?ie in the export price of the buihd of eors to Mexico, from S3 rents in 1S73. to ST cents in 1S&7 and JI cetts ia J'.il. As nearly all of rucr raiders are especially interested la the price of wheat and Hour this short article is written for the one purpose of explaining just what caused the decline ia the export price of the barrel of Cotjr to Mexico, from $7-51 ia 1V73 to $3.70 in I SOL Below I give a short table showing our exports of txmr to Mexico for some of the years ffoss 1S73 to the fiscal year of 1&01: No. L No. Z. No. 3. No. 4. No. 5. 173 14.713 17.51 $7.51 $71 1S79 1S7 .23 7.24 8.4S lfeSS 1S.1C3 6 3 S.OS S.S0 31.101 3.39 C.C3 SJ30 IW2 ZkMZ S-00 12.00 133 32.0C3 3.24 6.S4 14.CS IK'S 4C.S13 3X .83 130 U0 33.S04 2.70 7.74 16.20 mi ..4507 2.70 7.73 16.22 Explaiatioa of table: No. 1. yeats; Nu. 7, barrel of Cour exported; No. 3, price received by the American farmer at the seaboard: No. 4. price paid by the Mexican ia hi money at the sea bcrard is this country; No. 5. price that the Mexican would have had to pay ia his mony at our ports per bar rel if the Ataericaa farmer had re ceived what he should have received. If the reader will make a study of tolaisn No. 3 he will see that under no rircsrastance could the Mexican pay enough ia his money so that oar farm ers cosld get as much as they should have. The table that I hav used In all of ray articles are taVen from fa cial reports of the United States treas ury department and are true and correct- As these tables are live object Wsons. the reader should study them c losely. The real thing that the American farmer wants to know Is just what caused the fall In the export price of the barrel of flCKir as shown in the tsbie from in 173 to $3.70 in 150t. Then they want to know if the price is likely fall any more. Then as $3.70 pr barrel is cot more than half as much as the American farmer bould be getting for his Cour at the aboard in this country, they want to 1c cow how to raise the price to a point where it will return to them a fair remunTation for their labor. TTe above price of $3.70 for Sour will not ciake the price of wheat In Ne brcrka &ore than 30 cents per busheL The reader must not think that there is any mystery about the rise and fall of price. All changes in prices ar produced by some force. I class the forces ia a general way tinder three heads. Natural forces, artificial forces and fore produced by legislation. Natural forces are such as overpro duction, volume of money, cost of transportation, wars and famine, com petition and cost of production. Arti ficial forces are such as "corners," trusts, combines and monopolies. Leg islative forces are such as tariffs, pat ents and taxes of all kinds. Above I have mentioned nearly all the forces that control domestic and export prices. Ia all of my articles in connection with exrort tables I take into consideration nothing but ex port prices. The , decline in the ex port price of the barrel of flour is what caused the decline in the export price of the bushel of wheat. As ev ery farmer knows that the export price of the bushel of wheat controls the domestic price, i' have only to show Just what caused the decline in the export price of the barrel of flour to show just what caused the decline In the domestic selling price of the bushel of wheat. In order to explain the table I must find the force that caused the decline In the export prfce of the barrel of flour from $7.51 in 1873, to $3.70 In 1S0L. Owing to the fact that the pub lic mind has been and Is so saturated with political prejudices and that nearly every fellow has ideas and opinions different from every other fellow, I have to line up some of the old theories and arguments with the table and thereby prove conclusively that they did not cause the decline. By so doing I clear away the rubish and lay a foundation to prove just what did cause the decline. The prin cipal theory and argument that mil lions of people have put forth for the last thirty years as a cause of the de cline In the price of farm products has been overproduction. .In this case it would mean an overproduction of flour ia the world. I will line up the over production theory and argument and see where we will come out. If there was overproduction of flour in the world during 1901, as compared with 1S73, the consumer of flour in Mexico would buy their flour for less money during 1901 than they did dur ing 1S73. This proposition is and must be true. By examining the ta ble we find In column No. 4. at the top, that the Mexican paid $7.51 in his money for a barrel of flour at the sea board In this country. At the bottom of No. 4 the reader will see that the Mexican paid $7.75 for a barrel of flour at the seaboard. The Mexican paid 24 cents more for a barrel of flour in 1901 than he did in 1S73. Where is the man with this table before him who would attempt to argue that it was overpro duction of flour in the world that sent the price down from $7.51 in 1873, to $3.70 in 1901. It is simply disgusting to think of such a proposition with such facts before us. The next theory and argument that millions of people have been claiming caused the decline in farm products for the last thirty years was the quan tity of money. By placing this theory by the side of the table, what do we fnd? In 1873 there was about $17 per capita of money in this country, and In 1901 there was about $26 per capita. This being the case the price of the barrel of flour should have advanced In price from $7.51 in 1S73 instead of declining to $3.70 in 1901. It is utter nonsense and folly to attempt to show that the quantity of money, either great or small, had anything to do with the fall, in the export price of the barrel of flour from $7.51 in 1873 to $3.70 In 1901. The overproduction theory and the quantity of money theory has practically controlled dur ing the last 30 years the prices of farm products which are not exported in such quantities as for the export price to control the domestic price, but have not in the least had anything to do in the way of controlling the export price. Now as to Just what caused the de cline in the export price. The Mexican bought his flour ia 1873, not with his dolLr as his dollar, but with the com mercial value of the material in his dollar, which was worth a little more than 100 cents In 1873. In 1901 the Mexican bought the flour with the commercial value of the material in his dollar, which was worth only about 45 cents. The reader can see at once just what caused the decline in the price of the flour. The purchasing power of the Mexican dollar decline 55 cents. The condition of the Mexican was and Is such, that he could not nor would not. stand that decline of 55 cents in his dollar. He forced the American farmer to sell him as much flour for his 45-cent dollar in 1901 as he purchased with his 100-cent dollar In 1873. The average Mexican earns 25 cents per day In his money. Any one can see that he cannot pay more w PERSONAL TO SUBSCRIBERS. !!. 5?ur' ribr or r4t-of Tb Iadepadnl f oll-i ONE-DOLLAR pack ef lTJuJ stE. &2est for om moath i treatment, to ba paid for within oca month's time " vjJl ca trotaftuJr aay that it na has dona bin or her more good than a&4 'I tsaefca or rood doVor or pa too medicine ha or she has ever used. rr-fr. derataad that we as k oar pr only when it has done joa r " fclra. 7Uk.ii the risk ; yo hare Bothin to lose. If it does not benefit jou, IVJ"" ?" ?IT. 4. J KM. is a eatcral. hard, adamantine rock-like sabstaaca mineral "-"7 "w" roa use jrota mad eJer, reqaires about twenty years for oxidization. iLZtt TlliT , mlt,ir macaaeiua, and one package will eqnai in medicinal J Ttf . "JJ iLoo of tha most powerfnt efficacious mineral water drunk Traea at t-e aprjajra. It I a raoloeTieal diacorerr. to whirh thar im nnthinr ari i.HI . t. f- It ta tsta et.ari of t La roat!. Trovit-a. Da tthar.a. Catarrh and Throat Affections. Lirer, Kidney and Blad- ZZt 7 JTjrLT: ZJ Z V"r1'r- unppe, xaianai rerer. errona Prostration aldJaf aaff" testify, and as no one, ariwer! this, writing for a pack- , ., .TyKr.WUcr:fcr lititiffl? aBd consideration. afterward the 4-ratitade of A iltSIVtl'' e1Ul' or '?3r Pe. ill and diseases'which hare ua rr-K.,iral world asa arown Mm with rm - W .1 . -.- 1 - t-V"03- V tfT rf'dlM of what ilia you hare, b udin to us I a a. m anst tta writ oa a poMai card. ' la ewer to taa. adlraaa TU -Q. OKX, CO, St7. S29. 531 W Korth ArH Chlcajro. Ill THE PROTECTIVE and DETEGTIVEASSOCIATIOII LINCOLN, F NEB. Is "a branch of the Protective and Detect! Te Association of Dallas, Texaa, an association that has been doing' business in the State of Texas for 19 years. The Lin coln branch oSce is fully equip ped and has registered about 500 head of stock in the State, and wants a good lire agent in every County in this state and States sarroondiog it. Qit of the number of iVvV airtln t 5 m m of onr C brmad ha been takers wS 7hrZ tL t Jl JCa n C m left sr. and isue a certificate for each aSntl L ft LT th lb HlaL If an animal ia found wtrhTbra . f-kept it ia Wid lr kientmoation, and o a" &cf CIEcc Pooms, 8 and 9, over First Naticnal Bank. P. O. Box 250 Thonc 640. A. L. POUND. Manager, Lincoln, Neb 1 q9N uoaun H taq -00 HOlVSftOK! UNO 3H1 HIM. 'U3G00H8 A1N0 3H1 n BjasjaAj srxi pas 640V;ip oa aq qorq uoi?an9Ni ainom em XI than seven or eight , dollars of his money for a barrel of flour at our ports. The seven or eight dollars of the Mexican's money- would net the American farmer about $3.70 In his money. The force that caused the decline in the export price of the barrel of flour from $7.51 to $3.70 was created by the force produced by the decline in the selling price of the material in the Mexican dollar from 100 cents in 1873, to 45 cents in 1901, and if the selling price of the material in the Mexican dollar continues to fall below 45 cents the American farmer must stand the fall, not the Mexican. The American farmers have got to face this problem and solve it and there is only one way to solve it! That is to place the 45 cent dollar back to where it was in 1873 to 100 cents. There is only just one way to restore this 45-cent dollar back to a 100-cent dollar and that is to place the commercial value of the ounce of silver at $1.29, which the American farmers can very easily do if they want to. The Mexican has not been the sufferer by the falling down from 100 cents to 45 cents of this dol lar. No, it is the American farmers that have suffered the whole fall and will continue to suffer if the fall con tinues. C. G. BULOCK. CANALS AND CONSOLIDATION The Interest of the General Public in the Omaha and Fremont Canal Proposition and in the COALITION OF ELECTRIC INTERESTS Is No Longer at a White Heat, and the -People of Eastern Nebraska Can Think of Something Else. The above headlines state practically all that is known to the public at present concerning the grand scheme for a power canal coupled with a gi gantic electric consolidation at Omaha, The two ideas are not dead. They will probably materialize in due season. Meantime the people are busy with their own affairs and everybody is con veniently engaged in the more or less profitable duties of his ordinary voca tion. TIME IS MONEY NOW. These days of general prosperity make a man's time more than usually valuable. He spares as little as possi ble for the public good. It should not be forgotten, however, that in these times when profits are sure and accu mulations are possible, men should be making provision for old age and for financial disaster. If the people of Ne braska will keep their surplus in the state for ten years, a panic cannot paralyze her industries and she will not be driven to bankruptcy because eastern money loaners are refusing to renew mortgages or to advance funds for legitimate business purposes. $1,500,000 A FRIGHTFUL LEAK. It takes no great business head. to see that a leak representing $1,500,000 per annum must sap the life blood of the commerce of any community. This is the enormous price annually paid alien life insurance companies by the policy holders of Nebraska whose ben eficiaries receive back only about $300,000 per annum. For the purpose of stopping this disastrous drain upon the resources of our state, and with the intention of building up in Ne braska a great financial fiduciary en terprise B. H. ROBISON, PRESIDENT of the Bankers Reserve Life Asso ciation and his associates organized the Bankers Reserve Life upon mod ern plans and in accord with the best ideas on the subject of life insurance. They have steadfastly held to their original purpose. The association has enjoyed a phenomenal growth and to day there is no life insurance company in the state doing as much business or so favorably well known as Ne braska's own company, the BANKERS RESERVE LIFE. Omaha is headquarters. The Mc Cague block is the home office- The people of the state are its friends. Its advisory board contains the names of about all the leading men who are Insurable in the state of Nebraska. The association pays taxes in Nebras ka, invests its surplus in Nebraska, and deposits its securities with the Nebraska Insurance department. It ta a home company in every sense. The Lincoln Supply Company are now located In their elegant new three-story building on 10th street. between O and P, the location former ly occupied by Mayer Bros. This en terprising firm has had a wonderful growth of business in every line they carry, furniture, hardware, stoves, ranges, furnaces, vehicles, harness, carpets, etc. The new building is filled from top to bottom and "New Location Bargains' are found in every depart ment. We would advise our readers to visit the Lincoln Supply Co. store, examine the stock and get prices be fore making purchases elsewhere. Remember the new location, 10th street, between O and P. Our readers will find it profitable to call at the new location of the Lincoln Supply Co., 10th street, between O and P. if In need of anything in the line of furniture, hardware, vehicles, stoves, ranges, carpets and farm ma chinery. Mail orders given prompt and careful attention. Those in need of winter supplies, heavy underwear, shoes, etc, will find it profitable to read the advertisement of Fred Schmidt & Bro. to be found in this paper. The goods advertised are of the best quality and the prices quoted are exceptionally low. Re member a dollar saved Is a dollar made and you cannot make it easier than by reading an advertisement and profiting by its lesson. THE ELECTIONS All th Stmtee Stay Right Where Tfey Were Bfere The Repablicane Cavrry Stebraaka So little attention was paid to the lrt1nn thut pvpti at this writine. Thnrsdav m rrn i n e onl v estimates of the vote can be given in this state. It is, however, conceded that the repub licans have carried the state; electing a member of the sunreme court and the two regents. It appears that , the republicans polled a much larger per cpnt of thpir vote than the fusion forces did, a thing that is very easily accounted for and which will be dis cussed next -week. In Lancaster coun ty the republicans seem to have elected their whole ticket, although two of their candidates got in by a scratch. In Douglas county the fusionists elect ed nearly their whole ticket, but the county went by a large majority for the republicans on the state ticKet. ' In Ohio the republicans carried the Rtntf hr an immpnsA maioritv. the largest except in two instances that the party ever had. It is to be nopea now that McLean and his crowd of gold bugs will be satisfied and retire from politics. In Cleveland, MarK Hanna's city, however, there was a frreat fallinsr off in the republican vote, live questions being brought to the front by Tom Johnson. The republicans seem to be driven out of Kentucky and the state legis lature will send a democrat to the United States senate in the place of the republican now holding the seat. In New York city the fusion forces won and Croker has resigned the lea dership of Tammany. In Pennsylvania the fusion forces put up a big fight against the Quay machine corruption, but did not win out, as they did not have the influence of all the creat dailies of the whole country to back them as the fusion forces did in New ork City, mis corruption in Pennsylvania is just as vile and destructive as that in New York, but it was republican, while Croker was sailing under the demo cratic name. Gorman has carried Maryland and will be returned to the United States senate, by which the republicans lose another senator, for Wellington is a republican except on the question of imperialism. However, Gorman is not a much, better democrat than Well ington is a republican. Iowa, of . course, went republican; nobody seems to have put up any op position. Since the populist party has been destroyed over there by division and the middle-of-the-road business, there seems to be no one with, any fight left, in them. In Massachusetts there have been great gains made against the republi cans. The democrats there fought on a oorralist olatform containing the public ownership planks and others of a similar nature. Th snmmine uo of the whole busi ness Is: The states stay as they were at the last election and the republi cans have lost two United btates seaa tors. The ether thing that will attract notice is that where the people are robbed and oppressed by a corrupt po litical machine, if the machine runs under the democratic name, the Asso ciated press: and all the great dailies in the United States will unite in aid ing to overthrow it. If it runs under the republican name, as yuay s ma chine does in Philadelphia and the whole state of Pennsylvania, the peo ple will have to fight the battle alone. They will get no aid from the Asso ciated press and the great plutocratic dailies whatever. Up Against it When the simple tiller of the soil realizes that he must pay the price fixed by the plow trust for a plow and can obtain only the price fixed by the grain trust for his grain he may begin to think. The simple tiller of the soil is now up against just such a proposition. He should be able to un derstand it without the aid of a dia gram. Chicago. Standard Opinion. WHERE WAS McLEAN? The Fight ia Maryland a Personal On Fusion la the East Endorsed by Republicans Editor Independent: Just upon the eve of the election in many states, Washington is somewhat dull. It is naturally a very cosmopolitan city. and the thousands of government clerks of all parties are keeping "mum" as to the prospects in each state. Perhaps the election about which most interest hinges, is the fight in New York city between the Tammanyites and the fusion forces Justice Jerome's break has put Piatt in a pretty queer light Piatt has said Jerome was either "drunk or crazy, yet he will support him with all vig or. There are quite a number of Washir.gtonians in this fight on both sides of the question. Henry Br. Mar tin, national secretary of the Ameri can anti-trust league, is there in the interests of Low, fighting Shepard, whom he claims is the attorney of the Standard Oil Co. From the point of vantage, the fight appears to be a hard one with the chances favoring the fu sion nominee. Strange thing that fu sion is an "insane" idea when honest democrats and "pops" fuse; but in the interests of reform, when republicans fuse it is "to secure good rendered necessary." Next, perhaps, we are led into the arena of Ohio politics, where the fight appears also to be close. The subject that seems to be discussed mostly in connection with this fight is the ab sence of John R. McLean. "Where is TURKISH LOST MANHOOD I" AM VIII I.V to wear roan s mead. UMrOULCO A POSITIVE (uaxaa- teo always girea with ery $i order, that they will do jast what we claim in carir eexaal weakness, nervousness, r.nd any and all weakness arising from early abases. Oar medicine will make yon happy. S boxes for $6 will care any case, no matter bow Ion ataadin. Single boxes $1. Seat free of charge in plaits wrappers. If not thoroughly eoa inced as to your condition send far symt4om blank: before ordering. Cor respondence strictly confidential. Ad-dreaa. Ja r araani tot, Omaha, eb. Sold by B. O. Eostka, Lincoln, Neb. i McLean?" and the answer usually comes "Sulking until you win." This is undoubtedly the truth. John R. McLean is a Washingtonian pure and simple. His interests are not at all in Ohio not, at least, until there is something in it for John R. He is a capitalist and is entirely out of har mony with the democratic party at least, until it wins. Next, strange as it may seem, we are keeping our eyes open as to Ne braska, where Colonel Bryan is taking an active part. And let me say that the eyes of every one interested at all in politics are turned toward the Platte, There may be some of our political opponents and discontented democrats who are shouting from the house-top for "reorganization with the cry that Bryan is politically dead. This is not, I am glad to say, at all prevalent among the men who were true to him in the last campaign. We all recognize Colonel Bryan to be still "the peerless leader" we recognize that the truths he uttered in 96 and 1900 are just as potent, if not more so, today as they were then. When the democratic party violates its oath to the masses, when it casts over the "masses" for the "classes," then will Colonel Bryan not be its leader. But today, democracy, battling for right, must have a leader as pure as its cause and that leader the democrats of the east, as well as , our western democrats and their. brother populists believe to be Bryan. .So we are nat urally interested in how the "coin turns" in your state. But with na tional as well as state, jou are dou bly blessed. Back into the east to Maryland. There a legislature is to be elected to choose a successor to Senator Well ington. The issues have narrowed down to personality and the negro question. How the new ballot system will operate is the question. The re publicans have gathered the negroes into barns, etc, and have taught them enough to read the ballot. The. demo crats have not acted likewise with the illiterate whites, of whom there, are many. But I said the issue was to a large extent "personality." On the republican side of the fence, they are boosting Sidney E. Mudd for the sen ate. Mudd's record would compare favorably with a blackboard what ever is white in him wont show through. The democrats are going to support Gorman. Arthur Pue Gor man, the man who many believe knifed Bryan in both campaigns. Mark me, thousands of ballots will be split. I have talked to many good Maryland democrats who are either going to stay away from the polls, or are. going to knife the democratic legislative candidates. When you ask "Why," you will be answered that "Gorman didn't do right by Bryan" and per haps there is some ground for thinking so. The chances, however, appear to be favorable to the democrats. These appear to be the only elections that are causing talk and the issue is some what personal in each case. Word has just reached Washington that Minister Wu Ting Fang is to be ordered-home and given a post-of minor importance. He don't deserve it. He has done more to make China respected in this country than we have ever seen done before. However, they must think over there he has taken up too much with the party here, . which has imbroigled us in the "eastern question." We have a good opinion of Wu. Sir Julian Pauncefote, the British ambassador, has just returned, bring ing with him the. text of a new pro posed treaty, which will abrogate the Clayton-Bulwer treaty. This one un doubtedly is acceptable to our "Anglo maniac" secretary of state as it is the design of Lord Lansdowne. America can expect little advantage. Jefferson said, "England will never be our friend, until we are her master," and any treaty to which the English cabi net has agreed means a "quid pro quo." J This is Sampson week at the Schley trial and we can expect to hear the hero of Santiago, maligned as Is pos sible only to such an archmalisaer of the truth as the fat Lemly. WILLIAM W. BRIDE. Washington. D. C. Patronize our advertisers. FORGOT HER PART. From the London Spare Moments: A well-known countess was announced to speak at a costers gathering in th3 East End recently, so the little daugh ter of one of the costers a flower sell er was deputed to present the count ess on her arrival with a beautiful bou quet. The evening arrived, with an enthu siastic audience In the hall, and pres ently the countess was announced. The little girl, who had been coache.l as to what to say, walked along tha platform to where her ladyship stood, and in her confusion convulsed every one with laughter by shouting out: "'Ere yer are, mum. Only a penny a bunclv market bunch fer a penny!" The countess smiled, accepted thq flowers, and the child got the penny. DEEP SEA REASONING. The mermaid who had always con tended wtih much wtrmth that Rear Admiral Sampson would come out of the controversy with flying colors, was pressed for a reason for her great con fidence. "Why don't you see, if the worst comes to the worst," said she, "Mr. Sampson can easily prove an alibi." The deep-sea reasoning of a mermaid makes all the knowledge of the an cients look like driveling idiocy. New York Marine Journal. H tarry Horry ? Horry! And sret a first selection of our Vernon Oak Heaters - at our "latest lowest prices, beginning W ednesday, rvov. 6. Nye. have moved our stoves and other hardware to our new location, 122 North 10th Street, and to start jheni off. have made a great cut in prices. y . : : ;'-:" t --.vvi:: Steel Ranges, Cook Stoves, Baseburners, Heaters of All Kinds, All Includeda Our prices cannot fail to suit you. Call at 122 North 10th . and we . will guarantee to please you. . it b ir,Tiiii VN hp or V No. 16. Vernon Oak now at ak, sold at $14, goes No. 16. Garnet Baseburner, sold at .... .... $11. 9Q V $38.20, goes at.............. $31 NO. 14. Vernon Oak, sold at $12.25, No. 14. Garnet Baseburner, sold at goes now at. J. ...'....$10.80 $29.40, goes at .... ?-$24 No. 12. Vernon Oak, sold at $11, goes 5 No. 12. Garnet Baseburner, sold at now at .----$8.90 V '$24.60, goes at...... --$20 . Compare our prices with others and buy of Do Not Miss Our Furniture Sale. To save moving we are offering it all at a sacrifice. On sale this week at our old stand 130 North 13th Street, across from the Oliver Theatre. You will also find our baggies, wagons, etc, at our old place. Remember we h ave the largest line of Vehicles in the city f roni which to choose. be Linco n Supply .... Company STOVES 122 HortJi ICth Street. STOVES 1 FURKITUHE 130 No. 13th St. FURNITURE flf