Oct. 30, 1902
THE NEBRASKA INDEPENDENT
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REPUBLICAN TREASURY BUREAU '
During the campaign the treasury
department worked very energetically
as a literary campaign bureau for
the republican party. One of the latest
statements it put out was that out of
a total of some 1783,000,000 of gov
ernment bonds, all but about $3,500,
000 are held in this country, so that
the government can be said to have
no foreign debt, The republican dail
ies did a great deal of gloating over
that statement, but not one of them
ever even hinted at the cause. The
reason Is that an American banker can
afford to pay a much higher price for
a United States bond than any for
eigner. When the American banker
gets his bond he can take it. to the
United States treasury, deposit it for
safe keeping, draw the interest reg
ularly ana besides that get all that
he paid for It back in clean cash. A
foreigner cannot do that, so the bonds
stay in this country while other bonds
and securities are held in Europe by
the millions. If there is anything to
gloat over in a situation like that, The
Independent says, let them gloat.
The tariff grafters have an invulner
able fortress in the United States sen
ate, which is not elected by the peo
ple. It cost much less to buy a ma
jority in a state legislature than' to
buy all the congressional elections in
a state and while the tariff grafters
have millions of money which they
have taxed out of the people in high
prices, they take the line of resist
ance and hold the senate. Two presi
dents have been floored In trying to
make a break in the senate. McKin
ley said: "Our plain duty is to abol
ish all customs tariffs between the
United States and Porto Rico and
give her products free access to our
markets." But the senate would have
none of it and the tariff was applied
to Porto Rico. President Roosevelt
declared that we must have reciprocity
with Cuba and the senate would have
cone of that either.
Mark Hanna's 6hio legislature which
'WU!-' caYAad in special session to head
off Tom Johnson's reforms, has at last
passed a munTcipal code which the
Record-Herald declares "is a vicious
reactionary law tbkt recalls tne worst
days of spoils poVJtfcs. It offends
against the principle of '.home rule in
several respects, it dividbs instead of
centralizing authority, anfy all for the
purpose of giving the parity which is
and expects to be dominant in the state
the power to checkmate hostile majori
ties in the cities." If Ohio should some
day go democratic, the republicans
would wish that they had never heard
of municipal codes, for it will be used
against them just as , the republicans
propose to use it against democratic
cities. "The spoils of politics" are
what these Ohio legislators are after
the public welrare is the last thing
. that they take into consideration.
Indiana democracy under the leader
ship of Tom Taggart, having become
too small a factor to be longer men
tioned in the dispatches, it occurred to
the Chicago Tribune that something
must be done to keep it before the
people in some way, or an opposition
revolt might take place down there
and the party get into, the hands of
those who would really make trouble
for the republican party in the future.
T"-at being the case, it sent a special
correspondent to Indiana to write up
the present head of the democratic
party that it might be printed in a
great republican daily. If the leader
of the democratic party in Indiana was
an enemy of the republican party and
likely to do some fighting that would
hurt it, he would never get a three
column write-up, full of fulsome flat
tery, in a great republican daily.
They would go for him like they do
for Bryan.
A lawyer when he begins to talk
tariff can prove himself as big a fool
as Thompson's colt inside of two min
utes and not exert himself much eith
er. Now here is Mr. DeWitt Davis
of Milwaukee. He says: "No busi
ness can stand being adjusted to tar
iff changes every five years; and yet
that has been the proportion during
the past twenty." If that is true, how
comes It that there is any business
at all? The fact is that it always
takes so long to make a change in the
tariff and get the ne wlaw into force
that every business man adjusts his
prices to it long in advance. If the
tariff Is going to be lowered, no goods
are imported and all on hand are sold
out before the new law takes effect.
If the tariff Is going to be raised, im
mense imports are made in advance
and then the goods sold at much higher
prices after the law becomes effective.
A great many fortunes have been made
in that way.
There Is only one basis of assess
ment of any kind of property and
that Is its value. The value of any
thing is what it will exchange for in
money. Nothing 1 assessed on the
basis of what it coat the owner in the
first place, A man may have a horse
that cost him only $50, But the value
of that horse what It would exchange
for In meaay may saw be $15,000.
Since the her so has been' purchased,
fa fact m&j haya developed that
he can trot a mile In 2:02, and he
should be assessed at his salable value.
A man may have a farm worth $75 an
acre. It may have cost him only $10
an acre or may-have cost him noth
ing, he may 'have homesteaded it
None of those things are taken Into
consideration in an assessment for
taxes. The only thing considered is:
what is its salable value, how much
money can it. be. exchanged for now?
The railroads, if they .are assessed at
all, must be assessed upon this basis:
What is their salable-value?
A writer in one of the eastern dail
les says: 'The trust can do anything
except to steal outright and no gov
ernment official will., ever prosecute
them,' . That writer drew it altogether
too mild. They can) and have stolen
outright, been detected and the evi
dence' furnished and v they were not
prosecuted. ; The meat' trust stole wa
ter from the city of Chicago for years.
The pipes and connections were found
and the fact, proven beyond a reason
able doubt and it was:never prosecuted.
It, and some of the rich manufactur
ers in Kansas City, ; have been doing
the same thing lately,', but no prosecu
tion is even thought of. This is a
country in which there, is one law for
the rich and another law for the poor
and it will continue to be so as long
as the republican party is in power.
Whenever an effort has been made
to reduce extortionate freight and pas
senger rates the corporation managers
rush to the federal courts with a com
plaint that private property is being
confiscated without compensation, but
the other day, according to an Asso
ciated press report from St Paul,
Minn., the Soo line seized by force 2,
000 tons of coal and notified the owners
and all others that' it would continue
to seize all the coal it wanted until
the scarcity was relieved. There is
something wrong with the thinking
machine of the farmer or laborer who
walks up to the polls and votes to
place the state and national govern
ment in the control of railroad cor
poration. Senator Spooner is getting excited.
In a recent speech he called public
utilities and natural monopolies a
"snake" and wanted a republican pres
ident, senate and house elected for
twenty years. . He eulogized "the gov
ernment that Washington established
and Lincoln defended," and forgot that
that was" not a government that pro
vided for a twenty-year term for con
gress and the president The truth is
tnat populist principles having at last
come, to the attention of the rank and
file of the republican party,' the lead
ers fear that it is going to play "ever
lasting smash" with their continued
rule.
The only one that has got ahead of
Jim Hill's merger so far is the "lone
bandit" who held up and robbed one
of the merger trains and got away as
easily as a trust does from the Sher
man act
News of the Week
General Pierson of the Boer army is
still in this country. He recently said
that many Boer families will soon im
migrate to the United States and set
tle on farms in the rich Pecos Valley,
which is traversed by the Santa Fe
road. General Pierson, who was sent
to this country as the representative
of the Boers, declares that the next
few years will witness a great out
pouring of Boers to the United States
and that the fertile and warm portions
of the southwest will get the greater
portion of them.
It is reported from Washington with
much show of certain knowledge that
the president threatened to withdraw
the treasury department from the sup
port of Wall street if Morgan did not
force the coal operators to unbend,
and that this was what did the business.
There have been a great many train
robberies lately. Last week a single
man held up a whole passenger train,
killed the enginees, looted the mail
and blew up the safe. He got away.
It seems to this writer that passengers
on the trains are very cowardly or
else there are none among them hav
ing arms. If this thing keeps up,
railroads will find that it will pay to
have a case, of loaded revolvers in ev
ery passenger coach. There will al
ways be some men on a passenger
train with courage enough : to fight if
they have arms.
One result coming from the capture
of the democratic party v in " Illinois
was the putting of the very worst ele
ment of the republican party in con
trol of it The Lorrimer, Yates, Hop
kins crowd who are running- the g. o.
p. over there are the very worst ele
ment in American politics. The Chi
cago Record-Herald has bolted and is
fighting Lorrimer with all its might
The imperialistic Outlook Is turning
populist like a great many other pub
lications that have reviled and sneered
at populist doctrines. ? It mow adopts
as its platform the following: "When
ever, any private monopoly, whether
of capitalists or laborers, controls any
commodity or convenience important
to the public welfare, the people must
either destroy this monopoly by re
storing competition, . or put the mo
nopoly under governmental control, or
take possession of the monopoly and
administer it for tha benefit ef the
people."
European disp&tehea assert that aa
other outbreak is threatened in South
Africa, this time in Cape Colony, and
that large numbers of men are wearing
the Transvaal and Free State colors.
So serious is the situation that Cham
berlain himself is going there to in
vestigate in person. The threatened
tax on the gold mines to help pay the
expenses of the war, has raised so
much disaffection that the very men
who were ' so clamoroua for British
protection and who brought on the
last war are now on the point of join-.
ing the recalcitrants. It will be seen
that imperialism has its troubles. In
connection with this, it is announced
that Dewet, Botha and Delarey have
abandoned their trip to America and
will return immediately to South Africa.
"AH the hospitals in Chicago are re
fusing to receive consumptive pa
tients. What is to become of these
helpless unfortunates? Are they to be
left to die on the streets?
The prolonged illness of Russell
Sage causes much uneasiness in Wall
street. It is said that if the money
he has loaned there should be sud
denly withdrawn a pinch "would fol
low which might cause one of the
most disastrous panics in the history
of the country. Certainly the effect
of such a move would be. felt serious
ly in every financial center in the
world. Bankers say that Sage has
about $25,000,000 loaned on collateral.
Here is another case in which the
business interests of the whole nation
seem to hang upon the acts of one
man. He could bring us all to distress
by a single act. That is the result of
the concentration of wealth. It Is
what The Independent has been talk
ing about for the last ten years.
Since the supreme court decided that
the Filipinos were not citizens of the
United States nor citizens or subjects
of any other nation, some of their
scholars have been trying to. find out
"where they are at." Senor Ramon
Reyes Lula, a graduate of one of the
European universities and said to be a
most accomplished man, has finally
come to the conclusion that "a Filipino
is a Mr. Nobody from Nowhere." Senor
Lula should take into consideration
the fact that Mr. Justice Brown sol
emnly declared that a Filipinos was
an "appurtenance."
The great dailies devoted pages last
week to prognostications concerning
the outcome of the elections. As usual
on such occasions both party organi
zations claimed everything in sight
and some things clear out of sight.
There was only one thing in which
all seemed to be agreed and that was
that there would be the lightest vote
polled for years, and that the settle
ment of the coal strike saved the re
publican party from a great political
disaster. The republican leaders at the
latest date claim that they will have
at least twenty majority in the next
house and do not deny that they will
suffer some losses. It is pretty gen
erally conceded that there will be a
greater falling off in the republican
vote than that of the . opposition.
Frank Carpenter, in his letter from
Lyons, France, says that "it contains
500,000 people and'. "Wlthr-Mts suburbs
has about ' 750,000," and then in de
scribing the part of the city where the
silk manufacturing is carried on says:
"The houses are lean five-story struc
tures, built along alley-like streets,
with narrow entrance doors. They
look like tenement buildings and they
are indeed little more than tenements,
great bee hives filled with laborers,
every cell of which is a little factory.
Most of the worK in the great silk de
partment of the Rhone is done on
hand looms, and there are 400,000 men
thus employed in this department."
That must be a queer town with 500,
000 inhabitants and 400,000 of them
men. No wonder that the population
of France does not increase.
The treasury department of the
United States government is being
largely used as a republican literary
bureau, to disseminate spell-binder
talk on prosperity and prophecies of
its perpetual continuance. The Inde
pendent has received several of these
documents under the treasury frank
during tne last few. days. ,
The Independent has received quite
a number of letters from eastern busi
ness men during this campaign, some
with valuable suggestions and revela
tions of how the trusts work things
down there, but begging the editor
tinder no circumstances to publish
their names, for if they were published
the result would be the ruin of their
business. There are other slaves in
this country besides the wage slaves.
One of them says: "I hope to be out
of business some day and then I shall
be able to speak my mind." Another
says: "If I were not in business I
would be glad to face the music."
This latter one resides in the king
dom of Boss Quay.
It is reported in the New York pa
pers that 90 steamships will arrive
in that port during the next few days
loaded with coal. As strange as it may
seem, this is expected to raise the
price of wheat These ships will be
seeking return cargoes and ocean
rates have taken a slump which will
enable exporters to pay higher prices
for wheat ,
The 'republican policies have re
sulted In putting elections up for sale
In almost every state in the union.
Out in Montana the direct charge Is
made that one of the copper kings
offered $2,500,000 for the control of the
legislature and judiciary. The bidder,
F. A. Heinze. said that with an asso
ciate Justice whom he could name and
we could - elect, and with the Judge
of this county of his own selection,
his litigation, with the Amalgamated
company would become easy and that
he wanted control of the legislature
for the reason that he wished a bill
passed to increase the number of
justices on the supreme bench to five,
and that he knew Governor Toole
would appoint the men whom he
would name, He then stated that he
would give the sum of $2,500,000 if his
proposition was aeeepted. That is the
sort of work that is going; on in ey
ery state of the union. It U the f e
suit of the . concentration of wealth
in few hands and is just what The
Independent has always said would
19 the result,
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 o "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 no
mistake about it It cures diarrhoea,
regulates the stomach and bowels,
cures wind colic, softens the gums, re
duces inflammation, and gives tone
and energy to the whole system. "Mrs.
Winslow's Soothing Syrup" for chil
dren teething is pleasant to the taste
and is the prescription of one of the
oldest and best female physicians and
nurses In the United States, and Is for
sale by all druggists throughout tbe
wond. Price, 25 cents a bottle. Be
sure and ask for "Mrs. Winslow's
Soothing Syrup." ,
Wants Light Turned on
Editor Independent: I wish that
you would kindly do a little explain
ing so that we common mortals can
understand the true condition of mon
ey matters. Of course it is easy for
the "wise men of the east," but please
tell us out here in Colorado how it is
that with only about two billion dol
lars in gold, silver and all kinds of
paper money the bank deposits were
$8,533,053,136 in 1901. ;-"
Can it be possible that the banks
are indebted to the people and are
owing them that vast amount of mon
ey without security? How can they
manage to receive nearly five times
as much money as there is in exist
ence? Does the amount include the
money which Secretary Shaw has so
kindly loaned the bankers to help
them tide over the threatened panic in
Wan street?
Kindly turn on, the calcium so that
we who are in a tree watching the
show may have a little more light.
I refer to your article on page 3 of
The Independent of October 9, 1902.
Very respectfully and - inquisitively
yours, JESSE WHITE.
Trinnidad, Colo.
(The Independent has been trying to
turn the light of truth upon this sub
ject of bank deposits for the last five
years. Bank deposits are not neces
sarily money at all. A man goes to
a bank and gives it his note for $10,
000. He is given a credit on its books
for that amount and $10,000 is added
to that bank's deposits. If any one
wants to know how much real, clean
cash the banks have on hand, he must
look in another place than where de
posits are recorded. The money that
banks have can be found in the item
"cash," which is to be found in ev
ery bank report '' Republicans often
claim that the farmers in a certain
county have over a million dollars on
deposit in the banksIt Is so shown
in the bank report when in fact the
deposits in that county are for the
greater part of the kind above de
scribed. Ed. Ind.)
Freaks of the Mind
Editor Independent: Please dis
continue The' Independent The lan
guage is good, the sentiment good and
I like your style. The only thing that
I can find fault with is your support
of the present competitive system.
Why not advocate co-operation of the
workers of the world? You are con
tinually calling attention to the rot
tenness of the present system. Why
not help change it? Competition vs.
Co-operation. While side are you on
any way? H. B. BLAIR.
Puyallup, Wash.
(Often the editor , of The Indepen
dent has listened to an able orator
who followed a course of reasoning
without a flaw in it, and all at once
would make some statement that was
as contrary to reasojh as the first part
oi his address was consistent with it
All students of psychology have no
ticed this tendency of the human mind
to play freaks of that kind. The In
dependent has always encouraged co
operation. It not long since published
statistics of the co-operative societies
of Great Britain. "The workers of the
world" are of many races and many
lands. While The Independent has a
very large general circulation, the edi
tor willingly confesses that the Chi
nese coolies, the fellahs of Egypt,, the
black toilers In the African mines, the
peasants of Siberia and a good many
millions of other "workers of the
world" never had the privilege of per
suing its columns. The demand made
by Mr. Blair that it should try to
start a crusade of this kind seems il
logical. Again- the assertion "that
continually calling attention to the
rottenness of the present system" is
not trying to change it, seems illogical.
People who see nothing wrong in it
certainly will not help to change it.
Ed. Ind.)
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A California Populist
Editor Independent: I have just
read your offer to send three consec
utive issues of your paper to those
making the request Please give me
the advantage of that favor.
I am a most sincere populist, and
showed my faith by casting my first
vote for that grandest of living men,
W. J. Bryan, in '96. I believe that
iopulist reforms can more quickly be
secured by welcoming the aid of sin
cere and honest democrats. I fear,
however, that the reorganizers are
going to undo all that has been done
ir the democratic party, and if they do
the populist party should again
spring into prominence. In the last
two campaigns I could not ,see the
iiecefpity for a separate party.
HIRAM SHERA:
Upland, Cal.
A Maryland Populist
Editor Independent: Some years
ago I was connected with the people's
party in this state, having left the re
publican party on account of its plu
tocratic tendencies, and later "drifted"
Into the democratic party when Bryan
became the leader and exponent of the
new democracy. But I regret to ob
serve that of late tnere seems to be a
premeditated, determined effort to
throw Mr. Bryan "overboard," so to
speak, upon the part of the so-called
"sterling" democratic leaders . in this
state, and when they succeed in doing
that and return to their old measures
and Idols, you will then see a division
in the democratic ranks in Maryland.
The democratic party, as represented
now by Mr. Bryan, stands nearer to the
common people who produce the
wealth of this country than it ever has
before in all its history, and when
i Tien
s
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the party as a national organization
recedes from that position, it lsfno
longer democratic and cannot expect
the sympathy and support of the com
mon people. In that event it must
necessarily become plutocratic in j its
policies and legislative enactments and
the moneyed interests continue to con
trol the state organizations with few
exceptions. I hope to see the populists
come to power, perhaps not as popul
ists or people's party, but as genuine,
Simon pure, Jeffersonian democrats,
in name as well as in purpose, whose
cardinal principles will be those of the
Declaration of Independence, in con
tradiction to the platitudes of Cleve
land and Clevelandites who are now
contending for control and leadership
for the purpose of competing with the
republican party in depriving the peo
ple of their earnings. It has been a
long time since I have seen a genuine,
broadside populist paper and I await
the coming of The Independent with
no little pleasure and interest
GEORGE 8. KROUSE.
Kensington, Md.
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A GROWING
QUESTION
HON.
HON.
HON.
HON.
HON.
HON.
ELMER J. J5URKETT,
DAVID H. MERCER,
john j. McCarthy,
EDMUND H. HINSHAW,
GEORGE W. NORRIS,
MOSES P. KINK AID,
Qeetlememi9 Sf
to Congress,
vom voice 10
elected.
, Will
0
r or
si i fust "
the
'Row
"'3
bill?
The Fowler currency bill embodies all the iniquitous features of the old wild-cat banking plan. It provides -
bank notes issued on bank assets, for branch banks, for retirement of the greenbacks, and for making silver dollar
deemable in gold on demand of the holder. It is the foundation stone of a bankers' trust. The Fowler bill has
recommended for passage by the republican majority of the house committee on banking and currency. X,$
The people of your respective districts have a right to know where you stand on thts question. At present you are
maintaining a discreet silence. But this is eewardly. Have you the courage to lay publicly what fou will do if elected
and called upea to vote on the Fewler bill ?
v
