VOLT XIV. LINCOLN, NEBRASKA, SEPT. 11, 1902. NO. 16. DE HART TO VAK VORHIS Mr, D Hart Replies to Van Vorhls Along the Lines Laid Down on Dei Mar's Science of Mouey Editor Independent: In your issue of August 14 Mr. Van Vorhis said: "Money and value are not words of precise meaning. . . . And value being nothing but a relation in exchange can no more have a unit, either nat ural or arbitrary, than can sweetness or any other quality of things. . . . When we use the word money in a general sense, what do we mean by it? What does Mr. De Hart mean by it? . . . Value, as a word, i3 the sub ject of no less confusion than money. In a general sense, it is used with a meaning quite different from its ac curate use in economics. It would be better understood if, In all economic writings, it was qualified either by the word commercial or exchange." I believe we can give to the words "money" and "value" a precise mean ing, and that there can be such a thing as a unit of value, and also a unit of sweetness. I believe that the sugar men have a unit of sweetness. I do not believe that it is necessary to qualify the word value with the words commercial or exchange, so that when ever we desire to use the word, we must say commercial value or ex change value. I do not believe that there is more than one kind of value. I have never been able to find but one. I had to abandon the idea that there is such a thing as intrinsic value, and I am afraid that if I should under take to believe In commercial value, I would be believing in intrinsic value. If, then, there is but one kind of val ue, why should we not say value with out any prefix? Value has been ascertained by the economists to be a ratio of exchange between any two commodities or ser vices. Mr. Van Vorhis himself says: "Vahie is a relation between com modities in exchange." I would prefer to say that it is a relation between any two commodities in exchange, that is, such a ratio as appears when any two commodities are exchanged. I would also prefer to say that it is not only a relation in exchange be tween any two commodities, but a re lation in exchange between any two services. If, then, value never ap pears, except when things are ex changed or exchangeable, why should we say exchange value or commercial value or Intrinsic value, when we mean nothing but a certain "ratio," in which any two" commodities ex change? I believe that we ought to say value when we mean value; and when we don't mean value, we ought to get another word and the proper word, if possible. We must" get out of our heads the idea that value is a thing, but a relation, a. numerical re lation, between any two things in ex change; that it is not a commodity, but a relation between any two com modities in exchange; not a service, but a relation between any two ser vices in exchange. If we can do this, then it will never be necessary to say "exchange" value, when we mean nothing but a ratio of exchange be tween any two things. I admit that, until recently, there was much dispute, even among econ omists themselves, as to the true meaning of the word value. They de bated it from the time of Adam Smith till the time of Jno. Stuart Mill; and the subject was not quite cleared up at the death of Mill. He added some thing, but he had to leave the work unfinished. Others took up the work and finally finished it. When Del Mar came along, he found the work about completed, but he had to devote a considerable space to the subject in his little book, Science of Money, by way of a summary of the argument. I refer the reader to the chapter en titled, "Value is a numerical relation." I might add, however, that the result of all the argument is as I have stated above. If you undertake to go over the argument, you will find that men of science even philosophers con fused the word value with the words price and utility; and that they found great difficulty in separating the form er from the two latter words. After a while, however, they found that price was a peculiar kind of value, viz: value expressed in money. Then they found that utility was not value at all; that it was no relation to val ue; that many things were very useful and ye totally without value; that, for instance, water was useful and yet without value. Then they gave up the idea of connecting utility with value; and they stopped talking about value in use, as Adam Smith had done or commenced to do. Can we give a precise meaning to the word money? We can, by studying the laws creat ing money. ,Ve must study the coin age laws, because they designate what shall be money. In this country mon ey is created by designating what shall be dollars, and then enacting that the dollars shall be legal tender for taxes, rents, interest and all other debts. 'We must study the 'banking laws, because we find that these laws enact that bank notes shall be legal tender for debts. We must examine all other laws, that make anything a le gal tender for taxes, etc. This done we know what is and is not money. By continuing the process we can find what is and is not money in' any country. There is no such thing as "money of the world." Each nation has its own money. I suppose that money originated in each nation by the" necessity to have something with which to pay taxes. Whatever any government receives for taxes Is mon ey. This is the voice of organized society. The value of money in each nation depends upon Its quantity in connection with the whole number of debts to be paid. and the whole num ber of exchanges to be made within a given time. The total amount or num bers of money, in connection with the debts to be paid and exchanges to be made, will determine not only the value of all the property of the whole nation, as measured by the total mon ey, but the value of " each "piece of property in the nation, as measured by a part of the. whole money. This i3 stating the value of all the property of the nation in all rthet. money and the value of each niece on Darf of the whole wealth of the nation ia a frac- uon oi ine -wnoie moneij -p or in stance, the total money oiithe United States is two billion 'dollars, and the total wealth Is one hundred billion dollars Our total, money measures our total wealth by saying that our wealth is fifty , times as mudh as our mbney. "The fractions of ouf money, one or more dollars, measure each fraction of the whole wealth, by say ing how much wealth exchanges for a certain number t of f dollars. jMarket prices determine-the value of each commodity in money. Price fassists us in ascertaining how any two com modities exchange, and how tar any commodity, if sold, will go in paying taxes and other debts. If wheat . is worth a dollar a bushel and corn half as much, then we know that two of corn is equal to one of wheat, and that two of corn go no further than one of wheat In paying taxes and other debts. This enables us to see how the total money of a nation Is the nation's measure of value and how a fractional part of the money may be a measure of the value of! a fractional part of the wealth of the nation. ' Another method of ascertaining the precise meaning of moneys is by study ing the works of the political econom ists. They define money) by : saying that it is a medium of exchange, and a, measure of value. As a rule they do not give us a clear idea of value, and consequently they must necessarily leave the subject in .confusion. Only the later economists have arrived at the idea that value Is only a ratio of exchange between any two commodi ties or services. These economists, are the only ones who will help us much in coming to a precise idea of money. And even they find it difficult to explain to us how money is a meas ure of value, if value lis only a ratio of exchange. I have neyer been quite satisfied with their explanations. I have, therefore, taken to writing on the subject myself, with the hope that I might throw some light on the sub ject. Mr. Del Mar, who does not claim to be an economist, has thrown more light on this part of the case than all the economists put together, and I will therefore refer my readers to him. This essay is getting1 Jong and I must touch on another point or. two. "Value being nothing but a relation in exchange," saysfMr. Van Vorhis, "can no more have aunit,' either natt lira! or arbitrary', ;han can sweetness" or any other . quality : of things." I think this declaration has had more to do in requiring me to answer his ar ticle than any other declaration he has made. This explains why he does not understand me and why he asks me, what I mean by the word money? I am writing this essay, not so much for the purpose of showing that the words money and value are each capa ble of a precise meaning, as for prov ing that there is such a thing as a unit of value, although value is only a ratio of exchange between any two commodities or services. I cannot go Into any extended argument on this subject now, but I will call Mr. Van Vorhis' attention to at least two units of value and then ask him which he prefers to adopt in the future argu ment on the Fowler bill. All that I am saying now, has a bearing on the great argument before all the people of the United States when Mr. Fowler's bill comes before congress for adop tion or rejection. In 1873 congress solemnly declared that a certain gold coin weighing 25 8-10 grains of "standard" gold, no more, no less, should' be a "unit of value" in the United States and for the United States. This was making gold, by weight, money. It was -not making gold coins money, but gold coins of a certain weight, money. The coins were not to be "dollars," unless they had the required weight of gold, nine-tenths fine. And, if they had, then each one was to be not only a dol lar or multiple thereof, but a unit of value or a multiple thereof; so that we were to have not only a great many dollars, but a great many units of val ue. "Free" coinage of gold was au thorized by the same 'statute, and, "con sequently, there would be as many dollars and units of value as the own ers of gold should choose to have made at the public mints out of their own private property. At the same time, the statute discontinued "free" coinage of silver dollars, and thereby pre vented any units of value from being made out of silver. This placed the vholn currency of the country on as many units of value as the owners of gold should, choose" to make. I. do not believe that 25 8-10 grains of gold can be our unit of value, al though congress has so declared. It is too much like enacting that a man is a woman or a woman a man. Such a thing cannot be done in the United States and if It is done, it is null and void. It seems to me that, even from the standpoint of the gold bugs, 25 8-10 grains of gold cannot be a unit of val ue, and yet they have procured con gress to so enact. It seems to ml that, if the gold bugs had -any reason! In them, or sense of consistency, they would enact that the total amount of gold, by weight, in a nat'on and used for money is the na tion's unit of value, rather than en act that there are , as many units of value as there are multiples of 25 8-10 grains of sxld. If they would do this, their statutes would indicate that they or their lawyers have some knowledge of money as a scfence. -' Thoee who are advocating "free" coinage i cf silver, usually teach, In substance, that the total amount of silver, coined as d used for money, In connection with ,the itotal . amount , of geld, coined and used for money, is the ration's un't of value, or measure of . value, or standard of value. This is much nearer the truth; and, when we hear this kind of talk, we begin to see the science of money. Those who favor "free" coinage of silver as well as 'free" coinage of gold, believe in what they call a "double standard" of silver and gold. This looks a little bit contusing tc( many people, but if we take into consideration that it is con venient to have two clocks two stand ard time-pieces in order to be sure of the time so it is convenient to have two standards of value, in order to be sure that values are measured cor rectly. The gold bugs are very fond of talking about the inconsistency and confusion of a "double standard," but I believe that a double standard is al ways safer than a single standard. I have found the double standard very useful in proving the fraud of the sin gle standard. v The next question is, What does the total amount of paper money, in con nection with the total amount of coin, have to do with the unit of value? In other words,, does paper money1 have the same influence upon the level of prices as the same amount of coin? This is a difficult question to answer, because coin is. used not only as mon ey, but as a redeemer of paper money; the latter being assumed to be nothing unless redeemed by the former. The next question is, What influence do the substitutes for money, such as bank credits or debts, have to do with the unit of money? This is still more difficult to answer, because all sub stitutes for money have to be re deemed by money either by paper money or by coin. I started out , to show, (1) that money is capable of a precise meaning; (2) that value is also capable of a precise meaning; (3) that there is such a thing as a unit of val ue, and that this measures other val ues by producing a level of prices. If I have shown, that the unit of value for our nation cannot be a single gold dollar, although so declared to be by our congress, I am satisfied. I am also satisfied that as soon as it is seen that a single gold dollar cannot possi bly be a unit of value, then the whole fraud of "free" coinage of gold will be seen. I am also satisfied that all the confusion about money grows out of the fact that we are living under free coinage of gold. We must come up (or down) to the idea that, under our system, gold by weight is money, and that the total amount thereof by weight is our unit of value, although congress has de clared to the contrary; not , only once, but at least twice; and it is the inten tion of the Fowler bill to . declare It again. , It is-not only a monstroua fraud, but absolutely barbardffs:"Thl3 awful barbarity is what I am trying to resist. ' ' ' '... Here I must stop, regretting that I cannot now enlarge more upon the points raised rby Mr. Van Vorhis. JNO. S. DE HART. Mt. Freedom, N. J. SPECIAL PRIVILEGES Who Pys for Them? It is the Fartner and Small Landowner Who Bears the Burden In a recent public address Tom John son in his vigorous way gave expres sion to some views that have appeared over and over again in the editorial columns of The Independent. This is what he said: "The existing struggle is not be tween capital and labor; it is between labor and monopoly, between capital and special privilege. It is monopoly and privilege which must be dealt with mefore any just solution can be reached. "Democrats as well as republicans have assisted to place iniquitous laws upon the statute books, by which spe cial privileges are allowed and monop olies are protected. In national, state, county and city offices men have built up by man-made laws these special privileges which you cannot enjoy, and for which you have to pay. "President Schwab, of the steel trust, estimates the value of the trust's property at $1,500,000,000. Of this amount only $500,000,000 covers all the tangible property, such as machinery and buildings. This leaves a billion to cover the value of the fields of ore and coal over which the trust exer cises a monopoly, nature's storehouse, which God has given to all. "This trust escape each year the pay ment of $19,000,000 of just taxes. Who is it that makes up this deficiency, who is it that pays for the special priv ileges enjoyed by the trust? It is the farmer and the small land holder who bear the burden. And in this I am not talking politics. It comes nearer to being religion, because I conceive it to be in accordance with the teachings of the Saviour to advocate the estab lishment of full justice between man and man. "And I care not which party it is that advocates the establishment of such justice. I care not whether the man who advocates such measures has his name under the rooster or under the eagle. He is the man to vote for." That is pure populism. That is the course the people's party pursued when it voted twice for the candidate of another party for president. Assess everything at its salable val ue. That is the doctrine. The value of a thing Is what it wUl.sll for. If a railroad will sell for $100,000 a mile that should be the assessment for tax ation put upon it. If assessors will persist in violating the constitution and the law and assess property at a per cent of its valuation, that don't al ter the principle at all. If a farm will sell for $50 an acre and a railroad for $100 and the assessor returns all prop erty at 50 per cent of the value, then the farmer should pay taxes on $25 an acre and the railroad owner on $50 a mile. , THE MONEY: QUESTION Mr. Tan Vorhis Continues His Disensslon ef Bank Credits and the Moiiey Supply Editor Independent: Money sustains about the same relation to a bank that its furniture and its vaults do. ' It is an Instrumental its business. It Is a part of the machinery for manufactur ing credits; . With nearly five thousand of these manufactories operating under laws of congress, and other banking institu tions of various kinds, all with an ex isting aggregate of products of about ten billion - dollars of 5 bank credits, there Is certainly; enough to indicate a very intimate and important rela tion of money ;to .credits-debts. ' The peculiarity of "the situation is, that the mohey with which these Cred its have been and are being so rapidly increased does not belong to' the banks, but to their depositors. In' the hands of thebanks it also represents a debt due to depositors, amounting'' to four times the whole amount of money in circulation. The question of money supply" is a very important part of the money question, butjl cannot agree that the money question is "this and nothing more," as stated by Gen: A. J. Warner. . - - Important ' changes have been tak ing place by law and social circum stances, commencing certainly as far back as the beginning of; the 16th cen tury, that have a bearing upon the money question today. Conditions, by reason of laws in part, and of com mercial and financial combinations in part, are not Tvhat they were fifty and more years ago.' ; !r''" r - In this country, and in most of the leading countries, the' question of "adequate money supply" has been completely subordinated to the ques tion of "prerogative of issue;"'' As a political question, "money supply" is only controlling when the "prerogative of issue" rests undisturbed with "Jth government. When this 'prerogative has been surrendered in any consid erable part to -i private interests, the question of "adequate supply" ceases to be controlling as a political or economic question; ' It may be possible to freeHhe; sub ject of supply; from misunderstand ings, so that, as a naked scientific the ory or principle, it will be clearly un derstood. Before the; principle, how ever,, can be made' available in prac tice; before it -can ? be made advant ageous in legitimated commercial ex change, it must be. freed- from adverse conditions and sinister influences that interfere with its correct application and prevent ..results that would other wise ; flow frpni 14 economic doc trine has Jbeeii ...more clearly Jemon-; strated, or more generally- admitted to be true, than the law of supply and demand, , but there are very few, who will assert that the law now has free play to produce its natural economic results. It is very-certain that' there ate influences at work in commerce .and among industries that have ac quired power sufficient to set the law at naught. Thequantitative theory of money is the application of this law to money. Whether stability of. prices and uniformity of "movements .in "mar kets can be assured by "money supply" depends upon whether there are agen cies that are able" to disturb or conr trol, not only the amount of money; but the character of it and the rela tion it sustains' to commerce and to. existing indebtedness. The practical political question that confronts us, in any attempt to solve the financial problem, is the existence of a power, not under the control of the govern ment, that is' able to interfere writh, and tt at naught, the law of supply and demand as applied to money as well as when applied to the products of our industries. It is the same question, whether it is viewed from the industrial and ' commercial side, or from the financial side. :. The motives that have inspired al most every attempt In the history of tlv world to interfere with and change monetary standards; the controlling purposes of almost" every great finan cial crime has been to change the re jat'or between the "standard of pay ment" and existing indebtedness for ths benefit of creditors. Occasionally, an unscrupulous monarch has7 robbed creditor? by an unwarrantable inter ference' with and depreciation of legal standards, but generally it has been' the other way. There is no doubt about quantity being a very important element in our monetary affairs, but this is not the whole question. If it were so, the sol ution of the problem would rest upon our ability to determine what the sup ply ought to be. The question, so fre quently asked. How are we to deter mine what the supply ought to be? would be pertinent. We know by his toric experience that a contraction of the money; volume will Interfere with exchange," diminish the number of commercial transactions, and discour age industries; that, on the other hand, an increase of money will facilitate exchange, - and stimulate industrial movements; but, if we are frank, we must admit that we can not determine the relation that must exist in amount, between the "'money supply" and the volume of business in order to main tain a "stable level of prices" believed to be so important by. some students of economics. Any comprphensive con sideration of the volume of money must include a recognition of the vol ume V coir mercial credits, and - the volume of other articles and devices that perform In any degree any func tion inl? facilitating exchange. The terms that are necessary to a solution of the pro! iem are so uncertain and shifting: so much do they depend upon the conflicting interests, unscrupulous selfishness. want of information, de fective jud en ts uncertain motives, and divers purposes Involved in the aggregate that makes the social struc ture, that the prospect for speedily ar riving at a correct conclusion is not encouraging. The problem is still more complicated by the uncertainty there is about the extent to which things not called money can or do per form the functions of money as It Is generally understood. FLAVIUS J. VAN VORHIS. Indianapolis, Ind., Sept. 1, 1902. - The conventions and unions of or ganized labor are engaged in denounc ing General Gobin, who commands the militia in Pennsylvania, Morgan and the coal Larons generally. That is child's play. What they should de nounce and seek to change is the gov ernment of the state of Pennsylvania and of the" United" States which, by their policy and laws, make present conditions In the heat of the contest at the populist state convention held some years ago at Kearney, a resolu tion that was overlooked got into the platform, or seemed certain to be put in, demanding the abolition of the militia. The labor delegation from Omaha was "dead set" that it should go in. When all hope of saving the party from ruin was about abandoned, this writer went over to the labor lead er and said to him : "Van Wy ck " is going to be nominated and elected. What do you want to tie his hands for? When he is seated at Lincoln the state will be overrun with Pinkeftons and" he will not have a man to help drive them out. Van Wyck will make you adjutant general and start you af ter them. Whatlwill you do without a soldier? Wouldn't you want a com pany or two of militia to help you?" "That's so," he replied, "I never thought of it in that way," and the anti-militia resolution was tabled. What labor needs is a military force that will act in Its defense. It can have such a force by simply taking charge of the government and it has votes ' enough. - to do it. But instead of doing it, the wage-workers cast their votes so as to give command -of the militia to the capitalists. SHAW'S VAIN NOTION An Elastic Currency That Always Springs Back the Wrong: Way and Knocks Over the System ' "The secretary of the treasury has become possessed with a strange no tion. It is that the existing national bank-note system can be made to yield a flexible currency volume, quickly re sponsive to the rising and falling de mands for money for use in trade. In stead, therefore, of buying bonds or increasing government deposits in banks as . a- means, of relieving the money market from stringency during the crop-moving . season, the secretary has sought to have the national banks Increase their note circulations. They have - an aggregate capital of some $700,000000, and can Issue circulation,: to the full amount of their capital; but their actual circulation amounts to J only -about $358,000,000. Secretary Shaw has accordingly suggested to tne banks in the larger cities that they ex tend their issues of notes based on government bonds, and it was stated yesterday by an assistant secretary of the ' treasury that many of the banks had engaged to act upon the suggestion. We shall, nevertheless, not see a great expansion of the currency vol ume on this account, and new bank notes will not play a conspicuous part in the movement of the crops. The reason is that the cheapest of the gov ernment bonds "available for circula tion command a premium of from 6 to 8 per cent, and this premium will rise as the banks attempt to increase their note issues. For a 2 per cent bond on which to issue $100 of notes the banks must pay $108, and it is not always that a profit can be figured out in tak ing $108 from loanable funds, available for bank reserves, and substituting $100 In notes not so available; and the closer or more profitable the money market, the less becomes the induce ment to Issue notes on such condi tions. " ' Presumably the secretary of - the treasury is familiar with all this; yet he thinks that such a note system can be made elastic. The thing is, of course, impossible. He is in a position to influence the action of the banks. He controls an enormous sum of gov ernment money for distribution and use among the banks without interest. He can doubtless induce many of the banks to increase their issues by merely suggesting the matter to them. But will the secretary undertake to affirm elasticity of a note system which expands or contracts only on a word from him that it had better do so? A truly elastic' system, if any exists or can exist, is one which re sponds automatically to the demands of trade and not to the commands of a secretary of the treasury. Spring field Republican. DEMOCRACY ADVANCES The Text of the Ohio Democratic State Platform "Written by Tom Johnnon In state convention assembled we, the democrats of -Ohio, hereby ac knowledge and declare our continued allegiance to the democratic party of the nation and on national issues re affirm and indorse the principles laid down in its last national platform adopted at Kansas City and as . fully and ably represented in. the presiden tial campaign of 1900 by William Jenn ings Bryan. Regarding those prin ciples as opposed to imperialism and colonialism, as opposed to government by injunction, as opposed to trusts and trust-fostering tariffs, as opposed to -financial monopoly and as opposed to all other legalized monopolies and privileges, we condemn : every effort to repudiate or ignore them. . In state and , municipal affairs we pledge our party to a faithful applica tion of those democratic principles, to the end that the burdens of taxation may be equalized and home rule and local self-government be established and preserved. ' Under the long continued control of the republican party in this state monopoly has been fostered and pro tected; the farmer and the small home owner have been burdened with ex cessive taxes that the beneficiaries and favorites of that party might be permitted to escape their just share of the public burdens; our public in stitutions have been wastefully and inefficiently managed and in them scandalous and . cruel wrongs have been practiced upon the defenseless wards of the state; the farmers and small shippers continue to suffer from unjust discrimination at the hands of unregulated monopoly; the system of municipal government has been wrecked and the credit of cities de stroyed, thereby producing a spirit of insecurity and unrest in all public af fairs. The people can no longer trust the administration of their affairs to a party thus recklessly devoted to In terests adverse to the public welfare. As a more specific statement of our principles upon these and other public questions we declare: .. 1. That all taxable property should be appraised by assessing boards, which should be in session for at least a part of each year, and whose pro ceedings and deliberations should be open to the public; that power be giv en to employ a representative to pre sent the interests of the public in hearings before these boards, and that in making assessments all property should be appraised at not less than its salable value. 2. That the present laws for assess ing the property of steam railroads and other public service corporations should be so changed as to compel the assessment of those properties at not less than their salable value and to prevent their evasion of just taxation. 3. That to prevent evasion of state taxes by discriminating valuations a separation of the sources of state and local revenues should be made. And to that end we heartily indorse the constitutional amendment now pend ing before the people and to be voted on next year, which will permit classi fications of taxable property. 4. That all public service corpora tions should be required by law to make sworn public reports and that the power of visitation and examina tion over such corporations should be given to the proper auditing officers, to the end that the true value of the privileges had by such, corporations may be made plain to the people. 5. That the acceptance of free pass es or other favors from railroads by public officers or employes should be adequate ' ground , for their rem oval from office. ;;" ' .'VV 6. That the denial of the right of peaceable persuasion in times of labor disturbance is a denial of the right of freespeech, and that government by injunction, if persisted' In, will wreck the liberties of the people. : 7. That we demand the enactment of a code which provides absolute home rule for municipalities, which shall include the right to establish the merit system with civil service, under which that system, as now in use in fire and police departments, may be strengthened and perfected and be ex tended to other municipal departments, particularly , to water and lighting plants now operated by municipalities and to street .car and all public ser vice plants as they may hereafter be established under municipal owner ship and operation. 1 8. That we condemn the vicious and corrupt bargainbetween' the boss of Cincinnati and Ohio's United States senators to force through the legisla ture a code that will" foist' upon the municipalities of Ohio Cincinnati's form of government, in order that the p-wer of its boss may be preserved, on the one hand and on the other hand will perpetuate existing street railway franchises which Ohio's United States senators represent. 9. That the municipal code should protect the public against all clauses which may be clandestinely placed therein in the special interest of pub lic service monopolies by requiring that all ordinances granting, renewing, extending N or modifying franchises shall be inoperative until confirmed by a majority vote of the people of the municipality; and we are unalter ably opposed to the granting of any, perpetual franchise. , ; , 10. That until United States sena tors are required by amendment to. the federal constitution to be elected by popular vote nominations of can didates for United States senator should be made by state conventions. And we hereby direct that in the offi cial call for the next democratic state, convention of Ohio there be embodied a clause providing for the nomination at that convention of the democratic candidate for United States senator and a clause providing for action by said convention upon all the amend ments to the state constitution then pending before the people. Upon these principles of home rule and just taxation and to the accom plishment of these purposes in munici pal and state affairs we invite the co-operation of all citizens of Ohio, re gardless of their party affiliations on national questions, hereby solemnly pledging our candidates to the faithful observance of .this declaration, both in letter and spirit . Said Mr. Bryan, in his letter of ac ceptance, in 1896: "Corporations are the creatures of law, and they must not be permitted to pass from under the control of the power which cre ated them." The republican president of 1902 is echoing almost the language of Mr. Bryan, while in 1896 when he uttered those words Bryan . was de nounced by this same president ; as a demagogue. The similarity of the lan guage of - Roosevelt to that which Mr. Bryan used six years ago has attracted notice all over the country and is com mented upon even in the great repub lican dailies. IMPERIALISM It Takes Two tm Make a Bargain Beth the Haughty and Abject are Necessary , to Empire ' Editor Independent: Imperialism in government affairs ia defended by those who believe in the superiority of one class of people over another, who believe that one class should rule, and another should serve; that one class ' is the superior mentally, physically, morally of another. In or der to establish imperialism, there ar two things necessary. You must have the haughty, arrogant. Impudent spir it that asserts its right to rule, and to support that, you must have the meek, humble, servile, self-debasing spirits that recognizes the right of the afore said haughty, spirit to rule, and thai one is Just as necessary as the other. There never was a master where there wa3 not a slave or slaves; the ono is necessary to the other; neither can exist without the other. - One can be a master, provided he has the disposition and the power or, might to make himself such. One can become a slave by being overcome by superior might, or voluntarily on ac count of being possessed of a servile spirit. In the one case there Is no blame attaches to him, because he can't help himself: in the other ho ia to blame because he becomes a slave by his own election; that is, granting that becoming a slave is a blamable offense. There Is no doubt that the Imper ialistic Idea of government is obtain ing a mighty hold, on the minds of the people of this. country and the estab lishment of an imperialistic form of government would be no great sur prise. But I cannot understand why the American citizen should rush into this matter blindly; why not pause to con sider, why not make an analysis of it first? - True it may be that at first sight imperialism is "fair to look upon." but in the later stages of its develop ment it contemplates the destruction of the office of citizen altogether. But I am not here to deny the Amer ican people's right to have it if they want it. According to our plan of government : majority rules, and I think it likely it will be too good for them when they do get lt and I will not deny that the imperialist has the best of the argument. They say that the people of this country are no longer fit. to rule, and they can point to the destruction of the silver stand ard, the establishment of militarism, the war. of conquest, all of which is supported , by the people and proves "their assertion. After all it's the peo ple, the people; If this-people who en joy blood-bought " privileges and lib erties for whom thousands of martyrs have died to give them religious lib- erty, for whom tens of thousands of heroes have died to give political lib erty, if they have lost all apprecia tion for the precious legacy left them: if they have become .so dull-brained and brutal as not to resent it, when their liberties are being taken away from them; worse than that, when they can be induced by cunning de ceivers to go to the poll3 and vote away their rights, there is no use to deny that the people are fast proving the assertions of the imperialist. But what Is to be done about It? Nothing. The people can still assert and right themselves if they will but, will they? If they will,' "well and good;" if they will' not, then let the whip 1 that 1 they themselves have plaited lash them, and let the halter that they have made for the necks of others lead them. " I have no quarrel with the ruling class of imperialists, no quarrel with the rich or powerful; they are not so much to blame for as suming the mastership of the people, if the people want them to do It. They are no worse, or as bad, as other peo ple. They actually believe, from look ing at the political antics of the citi zen that he would be better off In their control. No great blame can attach to them In the matter because if the citizen wants to be owned, if he want3 to be controlled, if he wants to b made a slave of, that Is his privilege; and who shall blame the rich or great, if they gratify his desire? The citi zen seems to have lost sight of the fact that he is the master of the political situation. The citizens take a man like themselves out of their ranks and by their ballots put him In office; then they proceed in their minds to ele vate him to a sort of pedestal or shrine and assume a worshipful atti tude toward him. Instead of demand ing that he do what he is sent to do, and paid to do, that he attend to his business, in the way he was directed to attend to it, they persist In regard ing him as a public ruler instead of a public servant. Who can blame th official for carrying out the kingly part of the imperialistic program if the citi zen persists In carrying out the hum ble, servile part? SID FOREE. The injunctions down in West Vir ginia, though they were certainly num erous enough, did not produce a gov ernment that any One was proud of. The troops fraternized with the strik ers and divided their rations with the starving wives and children of the miners. The upshot of the whole business Is that the miners, so the pa pers say, are going back to work. President Mitchell having advised them that with the anthracite strike on, it would be impossible for the union to provide for them. The opera tors owned all the shacks in which the miners lived and drove them out onto the hills where they were in a desper ate condition." The Independent, has often told the miners that strikes will not win this fight. Let the working people take charge of the government of West Virginia, pass laws to abolish the "pluck-me stores," fix a minimum price for mining coal and compel the operators to submit to the decision of a just arbitration board.