on
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THE NEBRASKA INDEPENDENT
March 20, 1902
iv.
-1
ALL
UN
Weak, Nervous, and De
'B bilitated as a -Result
of Grip.
L ,t To the many sufferers from the af
" ter-effects of grip -who have sought in
vain for relief, the facts stated in the
" following interview will be of great
interest. -
Mrs. Emily J. Black lives at No. 3
..Howard street, Brewer, Me. She had
a severe attack of the grip, the winter
before last, which left her weak, ner
vous and debilitated. Nothing seemed
to help her and, growing worse and
"worse, she almost gave up hope of
ever being well again, until she tried
a remedy which has brought relief to
thousands of similarly affected people.
When interviewed by a Commercial
reporter she said:
"More than a year ago I had a se
vere attack of the grip which left me
in bad shape. Everything I ate dis
tressed roe so much that I could not
bear to take food, and I thought I
must starve. I had numbness in my
climbs and could not taste or smell for
;.four months. I was ailing for six
"" months or more and part of the time
. I was obliged to stay in bed. I took
.-various medicines that were recom
; mended to me, but none helped me and
Instead of getting better I became
worse. Finally, when I was all run
- down, weak and nervous, I saw a
pamphlet advertising Dr. Williams'
Pink Pills for Pale People, and decidM
to try them. From the first box I ex
: prieneed relief and bv the time I had
- taken six I was entirely cured. I
'-have not needed them since."
Dr. WillHms Pink Pills for Pale
Peoole contain, in a condensed form,
'l the "laments necessary to eive new
life and richup?s to the bood and re
store shattered nerves. They are an
unfaiHntr specific not onlv for the af-
ter-effects of the erip of fevers and of
;; other acute diseases, but also for such
diseases as locomotor ataxia, partial
- paralysis, St. Vitus' dance, sciatica.
, neuralria. rheumatism, nervous head
ache, palpitation of the heart, pale and
sallow complexions and all forms of
weakre?s either in male or female.
Dr. Williams' Pink Pill for Pale Peo
ple are sold by all dealers or will be
'sent postpaid on receipt of price, fifty
cents a box: six boxes for two dolnrs
8nd flftv cents, by addressing Dr. Wil
liams Medicine Co., Schenectady. N.
T. Be sure and get the e-enuine. Sub
stitutes never cured anybody.
tr. Stiffened Their Back Eonss
: U i (Continued from Page One.)
the Illinois anti-trust law and as was
to be expected, the sacred court
brought in a verdict that it was un
constitutional. This renders the anti
r trust laws of thirteen other states un
: constitutional on the grounds that it
- exempted from the provisions of the
laws agricultural products and live
stock. This decision affects the anti
trust law of Nebraska.
The republicans held another con
ference with regard to relief for Cuba,
but only succeeded, as formerly, in
disagreeing.
It is reported, upon very good au
thority, that the president has distri
buted so much patronage to his way
ward boys that he has teased them
back into line and they will support
the policy of the administration. This
savors very muca of the policy used
thunder the Cleveland administration to
bring back the wavering democrats.
WILLIAM W. BRIDE.
"For over sixty years Mrs. Winslow's
" Soothing Syrup has been used by
mothers for their children while teeth
ing. Are you disturbed at night and
broken of your rest by a sick child
suffering and crying with pain of Cut
ting Teeth? If so send at once and
' get a bottle of "Mrs. Winslow's Sooth
' ing Syrup for Children Teething. Its
- value is incalculable. It will relieve
" the poor little sufferer immediately.
" Depend upon it. mothers, there is r.u
mistake about it. It cures diarrho-vt.
regulates the stomach and bowels,
cures wind colic, softens the gums, re
duces inflammation, and gives tone
" and energy to the whole system. "Mrs.
.If. Winslow's Soothing Syrup" for chil-
'dren teething is pleasant to the taste
;and is the prescription of one of the
rz r:oldest and best female physicians and
nurses in the United States, and is for
sale by all druggists throughout O
I -"world. Price. 25 cents a bottle Be.
: J.sure and ask for "Mrs. Winslow s
" -toothing Syrup."
and party discipline cannot be en
forced. Even then ifTa tariff rebate to Cuba
gets over to the senate there are 18
republican senators who are pledged
to attach to it a proposition to reduce
the tariff on materials , used by the
steel trust.' So li is "la pretty scene of
turmoil in this republican congress.
The republicans through the middle
west are with the "insurgents" and it
is conceded-on -.every - hand that the
next house will be democratic if only
on account of the serious dissensions
within the republican ranks and its
failure to carry out the wishes of its
constituents. . . .
The Philippine question continues to
be a burning topic of discussion. There
is no doubt but anti-imperialism will
be one of the most important issues
in the coming congressional campaign.
The republicans are not even trying to
deny the daily stories of awful cruel
ties practiced by our. troops upon the
Filipinos. They try to excuse the
crimes by blaming the scouts, but it
must be remembered that the sav
age scouts are employed by our troops
to hunt down Christian Filipinos and
the responsibility rests with us. That
slavery is practiced to a great ex
tent in the Sulu islands is glibly ad
mitted by Governor Taft. He does not
.think we can reform the evil and
seems oblivious to the Inconsistency
of permitting slavery to flourish under
our flag. It is admitted that the Phil
ippines are a constant source of heavy
outlay and bring In no return. Not,
one soldier in ten re-enlists.
Still the land and mineral specula
tors are eagerly awaiting the passage
of the bill by this congress which will
give them a free hand to loot the Isl
ands under the protection of our
troops.
In appointing Representative Moody
as a successor to Secretary Long of
the navy. President Roosevelt found
a man after his own heart. Moody Is
quite as independent and strenuous as
Roosevelt himself and will probably
make the dust fly pretty quick in a
department that sadly needs overhaul
ing. The republicans are not rejoicing,
however. Moody is one of the worst
of the house "insurgents." He always
- Dted and talked exactly as he pleased.
This rewarding of the rebellious with
fat offices is very trying to the ma
chine. It is demoralizing in fact.
Secretary Hitchcock will be the next
cabinet officer to resign. Roosevelt
has a neat plan for pushing along a
resignation which does not come
promptly. He has some man get him
self interviewed by the Associated
press and state that he will accept a
certain cabinet office if it is tendered
to him. On this hint the incumbent
usually hands in his resignation.
Some man in California has an
nounced that he stands ready to ac
cept Hitchcock's place when the lat
ter resigns. So the place is likely to
be vacated soon. Whether the Califor
nia man will get it is another story.
When the Boers captured Methuen
they actually caused the whole civil
ized world to question seriously if the
British will be able to conquer them.
Now they have set Methuen free,
but Cronia still languishes on St.
Helena. The Boers get all their sup
plies from British' captures. They are
now complaining that, the horses and
mnles shipped by the British from
this country are so poor as to be hard
ly worth capturing. D. P. B.
BRYAN IN WASHINGTON
KNOW WHAT WE WANT
A REPUBLICAN ROW
"Wi"
Jaaargnta in Republican Caucus Stel
Billt Shipped to Kngland and
Back Again. ?fw Cabinet
Member.
Washington, D. C, March 15. Free
trade for the farmers! High tariff
for the trusts! This is the summing
up of the republican policy. The farm
ers through the west have had their
eyes opened to it during the contro
versy which is still raging in the
house.
One of the "insurgent" republicans
is showing a letter which he received
from an agricultural implement firm
In Akron, O., in which the firm states
that it has been forced to import its
steel billets from Europe. Those same
- billets were made in this country. It
is cheaper to have them re-shipped
here and pay all charges than to at
tempt to buy the same material in
'Pittsburg.
" Still the cry Is: "Don't disturb the
1 tariff on anything."
; It looks as if nothing would be done
: in the way pt Cuban reciprocity.
The ways and means leaders offered
to compromise on the Sibley amend
ment giving 20 per cent rebate on Cu
ban sugar for two years, but even that
is being whittled away. Unless a com
promise is speedily arranged on the
Cuban matter it will be Impossible for
him to get the house republicans to
pass any of the half dozen measures
that he wants very badly before the
close of congress.
It must be a compromise satisfactory
to the beet sugar interests or the "in
. surgenta" will refuse to make friends
with the ways and means contingent
The Banral) Who Rob' tbe People Should
be Handled Without Any OIotci
Editor Independent: I must apolo
gize for my delay in acknowledging
receipt of sample copies you sent.
They were warmly welcomed and I
have been congratulating myself ever
since on having found the "real thing"
at last.
When compared with the stuff we
are obliged to tolerate here in the
east your paper ranks as a revelation.
It is Indeed a relief to discover the
existence of an editor who knows
what he wants to say and knows how
to say it, with absolute indifference as
to whose toe is trod upon, nor how
big that toe may be.
I considered it a real pleasure to
write my name on one of your Liberty
postals, which seems to be an excel
lent way of increasing your circula
tion and influence. I am a Bryan man
and have been reading his paper since
i:s birth but I must be honest enough
to confess that a vigorous policy is
more to my liking.
While not always opposed to calm,
conservative and dignified methods, it
is very clear that these are weak allies
when unscrupulous and treacherous
rascals confront us. The representa
tive republicans of today differ little
from our dearly beloved gold demo
crats. They should both be handled
without gloves and you are just the
man to do it.
However, it's only fair to say that
The Commoner is getting warmer and
may eventually become a worthy rival
of yours.
With proper encouragement to keep
two such mighty pens in action, the
opposition, though powerful, will soon
be on the run.
Success and a long life of usefulness
is the hearty wish of
FRANK H. BLAKE.
N. Y. City, N. Y.
HOW'S THIS?
We offer One Hundred Dollars Re
ward for any case of Catarrh that can
not be cured by Hall's Catarrh Cure.
F. J. CHENEY & CO.. Props..
Toledo, O.
We, the undersigned, have known
F. J. Cheney for the last 15 years, and
believe him perfectly honorable in all
business transactions and financially
able to carry out any obligation made
by their firm. .
West & Truax, Wholesale Druggists.
Toledo, O.
Walding, Kinnan & Marvin, Whole
sale Druggists, Toledo. O
Hall's Catarrh Cure is taken inter
nally, acting directly . upon the blood
and mucous surfaces of the system.
Price, 75c per bottle. Sold by all drug
gists. Testimonials free.
Hall's Family Pills are the best.
To. make cows pay.' use Sharpies
Cream Separators. Book "Business
Dairying" and catalogue 270 free. W,
4 If . .
. V .... .....
Hi Hotel Wa a Greater Attraction Than
the White House. Boer and British
Altgeld's Lt Speech.
Washington, D. C, March 17, 1902.
(Special Correspondence.) Hon: Wm.
Jennings Bryan's visit to Washington
Thursday and Friday was very much
in the nature of an ovation during the
entire two days. Thursday morning
he breakfasted with the Nebraska fu
sion delegation.
Hundreds of men, prominent in the
official and political life of the nation,
called to pay their respects and to
seek advice upon the political situa
tion from a democratic and populist
- ndpoint. To all of these the editor
of The Commoner was gracious and
cordial, although endeavoring in that
Bryan way to stamp his impress upon
legislation that will inure to the ben
efit of the people.
The President himself, with his un
limited power and patronage, drew no
more to the White house than did the
distinguished Nebraska to his hotel,
while upon his visits to the capitol
he was the demand of the hour.
Many men continue to wonder why
it is that this private citizen, without
political place or office, without power
to reward with position or emolument,
continues to retain his hold upon the
affections of the American people, and
why it is that he retains his popular
ity the most popular man in the
country. This may be all explained in
one sentence, viz; While the Ameri
can people, as yet unawakened to the
dangers that beset them, may. not yet
be willing to listen to his counsel, they
do not fail to recognize absolute sin
cerity in the man and incomparable
honesty and integrity in the states
man. The time is coming, and not
so far away, when Bryan's warnings
will stand out in letters of flame, as
did the handwriting on the wall at
Belshazzar's feast, and when that time
comes, the man of the hour will hail
again from Nebraska to take the helm
of state and direct the republic as its
chief.
The president's daughter will not
attend the coronation of Britain's
king. This announcement from the
White house is evidence sufficient that
"his strenuosity" has had his ear to
the ground and knows that the com
mon people of the country are in no
mood to submit to this king-worshipping
business. Miss Alice is a very
lovable young woman, and prone to be
carried away by the pomp of a for
eign court, but her father could not
afford to damage his 1904 chances by
sending a member of his family to
kow-tow before royalty. The snob3
who make up the high official and bus
iness life of the country are disap
pointed, as well as Miss Roosevelt,
but the president knows that the com
mon people do the voting, even if, in
all cases, they do not do the counting.
Wall street professes to be afraid
of Roosevelt just now. Whether this
play is for effect 'can be ascertained
only after it is determined who shall
bear the republican standard in the
next campaign. At any rate, an em
bassy from the money center has asked
the president if he has any more
"bombs" to explode that will disturb
the "business interests" such as the
suit to prevent the proposed railroad
merger of the Northern Securities
company. Roosevelt emphatically sys
"No." but there is visible uneasiness,
both in the White house and in New
York.
The sight of Senator Hanna, easily
the most tyrannical employer of labor
in this country, posing as labor's
friend and offering his services to ar
bitrate differences between capitol and
labor, would be ludicrous were it r ot
so serious for labor. That there is
"method in this madness" is so well
understood here that no one well
posted cares to deny the shrewd polit
ical manipulations of the chairman of
the republican national committee, nor
that he is a receptive candidate for the
presidency. If Hanna enters the lists,
he will do so as the preferred cham
pion of the moneyed interests of the
nation and the world. His intimate
associations with the "captains of in
dustry" makes him their fittest repre
sentative, and so sure as Hanna be
comes a candidate he will be nomi
nated over the present occupant of
the White house.
The men who nominate and elect
republican presidents go about it on a
plain business basis that of dollars
and cents. They can trust Hanna.
But can they trust Roosevelt, now
that he has shown signs of revolt to
the west, besides having committed
the irreparable blunders of dining a
negro and recalling the invitation of a
white man to the same banquet board?
The man who whipped Spain has
another job on his hands bigger than
the Cuban job when he attempts to
line up the financial magnates and
th heads of the trusts beside the
rank and file republicans in support
of his candidacy for a second term.
The Philippine tariff bill, having
passed both houses and received exe
cutive approval, is in full force and ef
fect. Its constitutionality is involved,
however, (if the constitution be con
sidered) in the fact that upon the
passage of the measure in the senate
the state of South Carolina was de
prived of a vote, in direct violation
of the constitution.
The permanent census bill Is now a
law, as well, with a prospect that the
house and the president will clash
over the civil service provision. The
executive Is playing the civil service
racket with all the tenacity of a ne
gro's 4-11-44 in a crap game.
A bill appropriating $125,000 for a
public building at Hastings has passed
the senate. This is the bill introduced
by Shallenberger in the house.
The bill to divide Nebraska into two
federal districts has also passed the
senate.
The Hanna-Frye ship subsidy bill is
now under discussion in the senate,
and is being supplemented by the most
powerful lobby that ever swooped
down upon Washington to bribe and
bulldoze special legislation in the in
terests of rich corporations. All the
"big guns" on the republican side
have been summoned at the Hanna
command to support with voice and
vote this bill, which contemplates tak
ing millions of dollars out of the pub
lic treasury and handing it over
without return of any kind to wealthy
wwnuBiiBannr saiu j n XV
If the government intends to make
a practice of giving bounties to those
engaged in the. carrying trade, every
Nebraska farmer has a legal right to
demand a bounty to help build up the
wagon trade which carries his pro
duce to market.
No American business man intends
to engage in maritime trade unless he
sees a profit therein, and every think
ing man can have nothing but con
tem; t for the administration argument
that the governments should pay a
bounty to the men who engage in
profitable business.
If the merchant marine business Is
unprofitable at thi3 time from the
trade it carries, , it cannot be made so
by voting to it money from the pock
ets of the taxpayers of the United
States.
Neither public or private bequests,
large or small, ever made a business
successful and never will.
Steamship news just now is calcu
lated to iake the world gasp. Ameri
can capita! nave recently pur
chased two of the greatest ocean trans
portation lines ; i the world and steps
are being taken to form a combina
tion to get control of all the Atlantic
lines to Europe, This bids fair to be
the greatest shipping trust " in the
world, not even excepting the one
now owned by a British syndicate. It
would be interesting to know what re
lations are to exist between this Am
erican combination and the British
trust. It will also be interesting to
watch the influence of this proposed
investment of American capital upon
the ocean on the subsidy bill under
discussion in the senate, one of the
main excuses for which is that Ameri
cans have been driven from the seas
and cannot get back without public
assistance;
The senate has disposed of both the
diplomatic and consular, and the leg
islative, executive and judicial appro
priation bills, both of which have
already passed the house.
The house has passed the rural free
mail delivery service bill and Is now
discussing the postoffice appropria
tlon bill affording a chance for the
members to discuss everything with
in the range of human knowledge or
experience except the merits of the
measure under consideration.
The envoys from the Boer republics
were ignominlously treated in their
petitions to President Roosevelt to
tender his good offices toward the set
tlement of the South African war
They probably had no right to expect
justice from this administration, as
they received none from its predeces
sor. But they have the right to ask,
and the friends of liberty the world
over have a right to ask, wh3' it is
that a republic has become so lost to
all sense of fairness and so permeated
with kingly notions as to reject an ap
peal whose result would have pre
served the integrity of two republics
in another part of the world?
Under a republican administration,
for the first time in history, this re
public has refused to-offer consolation
and sympathy to sister republics in
distress and at the mercy of a tyrant
among nations.
But although Roosevelt has refused
to act in an American-like manner to
settle the war, the friends of the Boers
still have hopes. The crushing defeat
of Lord Methuen i3 the worst British
reverse of the war, proves the valor of
the Transvaal Dutchmen and gives
encouragement that the. war will yet
end in an English defeat.
The action of the Boers In releasing
Lord Methuen. who was wounded and
captured, is in pleasing contrast to
the action of the British in banishing
Cronje, hanging Scheepers and plac
ing Kretsinger in solitary confinement.
Read the records and then say who
are the civilized peoples!
According to Kitchener's reports he
has killed more Boers than have ever
been under arms during the war. Ev
ery time an American reads a "I-re-gret-to-report"
dispatch from Kitch
ener he is unpleasantly reminded of
a few similar circumstances in the
Philippines.
Imperialism is running mad the
whole world round, and no matter
who may decry it or under what cir
cumstances, it is bound to be a politi
cal issue that will not down.
Battlefields covered with American
dead, rivers running red with Ameri
can blood, American homes desolated
and American pockets depleted all
for the glory of conquest is not a
pleasing spectacle to contemplate, and
one not easily forgotten.
The capitalists of the country,
through their agents the republicans
in congress have had a new currency
measure framed and Introduced In
congress as the joint product of the
republican members of the house com
mittee on banking and currency. Rep
resentative Fowler fathers the meas
ure as one to provide an "elastic cur
rency" and to equalize rates of Inter
est throughout the country.
The death of John P. Altgeld Is a
distinct loss to the cause of reform
all over the country. Here was a man
from the loins of the people poor In
everything save Intellect; misjudged
and maligned, yet a powerful advocate
of good government, a strong friend of
the needy and one of the greatest lo
gicians of the age. He died as he
lived pleading the cause of the low
ly his last speech being in behalf of
the Boers.
Alteeld was strong and virile In his
opposition to monopolies, and his last
speech on this question, delivered at
Buffalo, N. Y., the evening of March
8, was a masterpiece, from? which the
following extracts are taken:
"We have this anomalous condition:
That the things absolutely necessary
to the life of the American people are
owned and controlled not by them
selves, but by monopolies; that Is,
they are owned and controlled by a
few private individuals. The people
are in the power of these few private
individuals.
"Corporations and monopolies have
mostly grown up during the last fifty
years, and as the abuse from corporate
management began to be. felt efforts
were made to correct them. When
the subject first came up for consid
eration the natural suggestion was
the creation of boards or commissions,
a species of courts, that were to stand
between the people and the corpora
tion, protecting the Interests of all
parties, and after more than twenty
years of experience we find that the
whole system is a failure.
lonservatlye. . ana competent ex
FORCING THE FIGHT
B. H. ROBISON, PRESIDENT OF
. OMAHA'S OWN LIFE INSUR
ANCE COMPANY, THE
SUCCESSFUL
BANKERS RESERVE LIFE
Not Content With the Phenomenal
Achievements of His Company at
Home, Moves Into New
Territory.
"Last week we obtained license to
do business in the state of Michigan,"
said B. H. Robison. president of the
Bankers' Reserve Life Association.
"We have appointed a general agent
in that state. The insurance depart
ment gave us a cordial welcome and
we expect results from this field which
will startle some of our active alien
competitors.
'.'Life insurance is no longer an ex
periment and the Bankers' Reserve is
not now an infant. Our company has
fought its way to the front. Insurance
commissioners throughout the union
approve its plan of insurance and cor
dially extend the right hand of fel
lowship. The malignant competitor
is silenced by the facts of the past
two years, during which our company
has forged forward in a manner which
makes the criticism of jealous busi
ness rivals ridiculous.
"Every Nebraskan, loyal to the
commonwealth, bids Godspeed to ev
ery worthy Nebraska enterprise. Only
the mercenaries of the Life Insurance
trus are willing to attempt the in
jury of Nebraska's strongest and most
vigorous company.
"With nearly $4,000,000 written on
Nebraska lives, we go into the ad
jacent states with an indorsement
from our own people of which we are
justly proud. It is a card of introduc
tion which carries the proof of the
high standing of the Bankers' Reserve
on its face. It is the best guaranty of
soundness a young business organiza
tion can offer to a strange community.
"Colorado, Utah and South Dakota
are also opened to the Bankers' Re
serve. No insurance department of
any state in the union will refuse the
Bankers' Reserve entrance, because an
examination into its affairs convinces
all insurance experts that it is build
ing upon a safe foundation and its
policies are modern, business-like and
secure.
"I am, personally, very proud of the
Bankers' Reserve, but it could not
have been so successful except for the
loyal people of our state, who have
manfully risen in their might to push
along the good work it has under
taken. "We promise to continue to deserve
the approval and confidence of our pa
trons, and with their help will build
in Omaha one of the greatest financial
institutions of the great west."
We can give lucrative contracts and
choice territory to ten additional spe
cial, general or state agents. Active
solicitors, salesmen or life insurance
producers requested to call or write
for information and terms. Address,
BANKERS' RESERVE LIFE.
OMAHA.
perts have shown that the cost of liv
ing to the American people has been
increased from 25 to 60 per cent, not
by natural rise in price, but by the
arbitrary marking up of prices by
monopolies.
"Monopolies have shown themselves
able to crush out strikes and to de
feat almost every move in favor of an
increase of wages.
"We say that, so far as the principle
of theory is concerned, the people
themselves should own these monop
olies. Then the question arises, Is it
feasible for the public to own and
operate these utilities? This Is no
longer open for discussion, for. while
the question may be new in our coun
try, it is old in other countries.
" 'But,' says some one, 'are you not
afraid of the question of patronage?
If 3rou give the government control of
all the employes of these great cor
porations, can you ever unseat the
party that is once in power?' No
doubt the question of patronage is a
serious one, but it is not within the
power of man to coerce employes any
more than the corporations now coerce
them in this country, and these great
monopolies act together." I
"But, says another: 'The govern
ment of our cities is now so corrupt
that it would not do to turn these in
dustries over to them.' It is certainly
true that the governments of our cit
ies are corrupt, but the question
arises, who made them - corrupt, and
how long will this corruption endure
under existing conditions?
"The corporations are the mother of
corruption in public affairs, and this
corruption is - going to exist just as
long as we have private monopolies.
Private monopolies furnish the hand
that bribes by day and bribes by
night, that pollutes everything it
touches, and the existence of corrup
tion in our cities and in our state and
national government furnishes the
strongest argument in favor of wiping
out all private monopolies, for it will
give the people back their government.
"A mere change of party administra
tion signifies nothing so long as the
same slimy hands control the policy
of government.
"I hear men talk about Jeffersonian
principles: I read accounts of harmony
meetings In which it is proposed that
we democrats shall all get together,
and when I look for the reason for
getting together, I find it summed up
in the desire to get something. They
want to win? Then I am told that we
want to win to get the offices.- And
why do we want the offices? The an
swer is, so that we can take . care of
our -friends. " l ; V 1
"I there weje no other reason why
the people should own the monopolies
than that it will give them-back their
government, that reason, is in Itself
sufficient. Wipe out the private : mo
nopolies and it will again be possible
for .the popular will to make Itself . felt
in city councils, in state legislatures,
in the natipnal government and in
party conventions. It will restore
American . character and American
manhood. It - will restore the great
principles of truth,- of liberty, and of
justice, and man will again look to
the stars and labor for the elevation of
the race." H. W. RISLI2Y.
GOVERNMENT OWNERSHIP
How the Railroads Might be owned and
Operated Without Lou
to Anyone.
Suppose the government should buy
all the railroads, says the man who
opposes the idea, look at the immense
debt that would be necessary for we
couldn't pay cash; and you're howl
ing all the time now about the na
tional debt. Well, there is a vast
difference between a debt contracted in
the purchase of valuable property and
one contracted in such a wasteful
thing as war, for example. Let us
see how it would work out, taking the
railroads at what their owners claim
they are worth, and operating them
with the same men at the same cost as
at present not changing any thin,; ex
cept the ownership and control, not
even reducing rates.
On June 30, 1900, the railway mile
age of the United States was as fol
lows: Miles.
Single track.. 192,556.03
Second track 12,151.48
Third track 1,094.48
Fourth track S29.29
Yard track and sidings 52,153.02
Total 258,784.30
There were in fact 193,345.78 miles
of railway, line on that date, but 789.75
miles were not reported to the Inter
state commerce commission and need
not be noticed here. The total capi
talization of the lines reporting was
as follows:
Common stock $ 4,522 291.838
Preferred stock.... 1.323.2S7.755
Funded debt.... 5,645,455,367
Total -capitalization. . .$11,491,034,960
On the total capital stock outstand
ing dividends were paid as follows:
54.34 per cent paid no dividends.
10.18 per cent paid from 1 to 4 per ct
14.56 per cent paid from 4 to 5 per ct
6.93 per cent paid from 5 to 6 per ct
4.29 per cent paid from 6 to 7 per ct
6.40 per cent paid from 7 to 8 per ct
The amount of dividends paid dur
ing the year was $139,597,927, which
would bo produced by an average rate
of 5.23 per cent on stock on which
some dividends were paid. and
amounts to an average of a little more
than 2.21 per cent on the entire amount
of outstanding capital stock. Part of
the funded debt, too, paid no interest;
5.23 per cent of the mortgage bonds
3.61 per cent of the miscellaneous ob
ligations, j.d 43.40 per cent of the in
come bonds, but this last item is a
comparatively small one in amount.
A statement of earnings and operat
ing expenses follows:
Gross earnings. $1,487,044,814
Operating expenses 961,428,51
Net earnings $ 525,616,303
In the item of gross earnings is in
eluded $37,752,474 for carrying the
mails; but as this would simply be a
saving in one branch If not paid, and
no loss to the government whether
paid or not under government owner
ship, we need not deduct it in our
present calculations.
The railroads had other sources o
income which brought them in $162,
8S5.071; but as this was made up of
income from lease of road, dividends
on stocks owned, etc., it need not en
ter into our calculations. Neither
need we take Into account
and payments other than those
for operating expenses, although one
of the items. $48,332,273 In taxes paid
would be eliminated under govern
ment ownership and would necessarily
have to be raised in some other way
Now, suppose the United States
should, under its power of eminent do
main, condemn and take all these
roads and In order to cut the matter
short, and avoid a long and tedious
appraisement of property, should ac
cept the valuations placed upon them
as represented by the stocks and
bonds, what then? Why the national
debt must be increased to the extent
of $11.491,034,960 nearly twelve bil
lion dollars because the roads could
not be paid for in cash, and their own
ers would not want it if they could get
it. Interest-bearing bonds would be
much more preferably. Suppose we
make the bonds to run fifty years, op
tional, however, at any time. At what
interest could they be floated? At 2
per cent beyond any doubt," but to be
safe let us say at 3 per cent. That
would mean an annual amount of
$344,731,038 to be paid as interest, and
that deducted from the net income
from operation would leave $180,885.
265 to be applied on the principal and
for Improvements hardly enough to
pay off one-fiftieth of the principal at
first, it is true, but it must not be for
gotten that as the principal is reduced
the interest becomes less in amount.
We should not overlook the fact
that without any change In passenger
rates the income from that source
would be Increased many millions an
nually, because there would be no pass
system. Other millions would be saved
in abolishing an expensive system of
soliciting freight and passenger traffic.
Salaries and wages of employes mteht
remain the same, subject to a little
variation, giving the section hands
and train service men more and the
plush carpet fellows less.
Bought at what they .are actually
worth and operated even less economi
cally than they now are. the railroads
merged into one gleantic system un
der public ownership would be . a
profitable investment. But the fact
that discriminations In freight and
passenger traffic would be effectually!
abolished, is the crowning feature of j
thftprhnTejIan. I
- MS Mb
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To Nebraska Independent Readers.
A spool ft 1 nrrsn foment has bwn made with
tho M1SSOVKI VAT.T.EY FAHMKH by which
that excellent publication can be ol.tainl
ONE VEAH FREE by readers of th Nebraska
Independent. 1 hn Missouri Valley Farmer is
one of the bent farm paper In the West, and
will tell you more about agricultural and lire
etock conditions in the preat Southwest than
any other publication. It Is filled with up-to-date
read ins matter In the breeiy style of the
West. 'J h publishers have generously offered
to send 1 he Farmer a whole year absolutely
free to any reader of the Nebraska Independent
who will send them 'len t.'ents, which ImrtHy
pays cost of mailing. Regular subscription
price 50 cents, 'ihe offer must bo accepted
within four weeks, and under no circum
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stated in your letter that yon are a reader of
the Nebraska Independent. Address
Missouri Valley Farmer, lopeka, K.
Save Money
Prudent people buy their drugs and
patents here and save money. Here
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C1.00 Peruna 65c
$1.00 Miles Nervine 65c
$1.00 Pierce's Remedies ti3c
$1.00 Hood's Sarsaparilla 65a
$1.00 Paine's Celery Compound 65c
$1.00 Wine of Cardui t5c
$1.00 Stuart's Dyspeptic Tablets.. C3e
$1.00 Pinkham's Compound 65c
$1.00 Kilmer's Swamp Root C5c
$1.00 Scott's Emulsion boc
$100 S S S."-
Syrup of Figs.. lHc
Meadows Malted Milk 33c
Castoria, Dr. Pitcher's Formula 13c
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there is no prescription too difficult
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Add 25c for boxing where goods are
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Gut Rale
O
JiX Pharmacy
12th and O STS., Lincoln, Neb.
HORSE COLLARS
ED
AjKYOURDeaurtoSHOVT
BEFORE. YOU BUY.
ANUFACTURD BY
HARPHAM BROS.CO.
Lincoln. Neb.
Hfl
Best Low Priced Hotel n the City.
RATES,
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ifiie o st.
LINCOLN. NKU,
Two Number One Farms For Sale
One of 260 acres. 150 under cultiva
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two improvements (can be divided into
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snrinc In nasture. The other farm.
consisting of 80 acres. 60 acres in cul
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with splendid Improvements and never-failing
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down and balance to suit purchaser at
per cent on deferred payments, t or
further information address E. E.
Warner, Newcastle, Neb., Rural Route
No. 1.
When writing to advertisers do not
ail . to mention The Independent. If
our advertisers don't treat you righ;
letlus Know it. .
0
