The Nebraska independent. (Lincoln, Nebraska) 1896-1902, October 30, 1902, Page 7, Image 7

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100 MILKS.
We Guarantee
A quaint colonial design and we could not famish
you a better finished, better style parlor piece at any
price. Fancy turned spindles and legs, well made,
braced and piano polished. Seat i3 uphol- CA
etered in colonial tapestry; price. ... . . ..... .v'
5end for Our Free Catalogue.
Everything to furnish a home, and we guarantee
every piece we sell. Money refunded if you are not
satisfied. 5 ,:
1 1 18-1126 fl Street, Lincoln, Nebraska.
Furniture, Carpet, Drapery, Queens ware, Hardware
Candidate in Furnsi County Takes Issue
on tb. Question of Railroad
Populists all over Nebraska know
Jonathan Higgins, fusion candidate for
representative out in Furnas county,
and they know him to be an honest
man, firm in his convictions. The fol
lowing letter was written by him to
C. Q. De France, fusion candidate for
state auditor:
Cambridge, Neb., Oct. 20, 1902.
Mr. C. Q. De France.
Dear Sir: I must take issue with
your article in The Independent of the
f'Yb'tfr.ypGll' he assessment of the rail
roads: and 1 awri not alone among pop
ulists in not w&reUng to see anyone
placed in a position Vo value railroads
for taxable purposes ( who favors the
valuing of fictitious cr watered stock.
As a candidate for tie legislature, I
want to be defeated if that, is to be the
policy of our party and I afin expected
to support that policy regardless of
my convictions of right and justice to
all the people. I can see how. such,
policy would be to the interests of
some of the people, but canno t see any
benefit to the farmers the builders of
the state and am ready ta say now
that if elected there will be 6ne eternal
kicker against a policy that will tend
at least to bolster up present rate rob
beries. This robbery we will submit to only
by compulsion; and if compelled to
submit, then we prefer that such com
pulsion should come frcm the admitted
railroad party rather, than from those
from whom we should expect better
things. I
The taxation question may be
thought to possess lots of campaign
thunder, and does no doubt with the
unthinking voter; but in reality it is a
very small question compared to that
of rates. We will never get reduced
rates that will stand in the courts un
til the water is squeezed ; out of the
railroads. . To legalize that water is
to pay rates which will pay interest on
it. You speak of the value of the fran
chise as being what the capitalized
stocks sell for in the gambling dens of
New York city.
Suppose these corporations double
the amount of their stocks and double
their rates so as to pay dividends upon
thta amount, will not the stock sell at
par and will you still favor making
that the basis of taxation? And if so,
what will be your plea for reducing
rates? Do you believe that we can
play double as the corporations have
done in all the past, by having two
standards of value, one upon which to
collect taxes, and another upon which
to pay rates? The corporations have
succeeded in doing this, but can we?
I think not; we are not big enough.
The whole question of the right of
way franchise value .included hing
es upon the power of eminent domain,
a something which no power can alien
ate from the people. It is vested in
the people by the constitution of the
United States and must remain there
until that constitution is changed.
Consequently, a railroad right of way
is worth what the right of way would
cost and no more. If power of emi
nent domain was vested in these cor
porations instead of the people it
would be different; but so long as the
people have the right to parallel any
railroad in the state, the franchise
and railroad would be worth -just what
such parallel road would cost and no
To tax this water is to admit its le
gality. .If not, then tell me why not?
And if we thus admit its legalityr-or
rather by our own acts establish its le
galitywill you please- outline any
program by which we can get relief
from present extortionate rates? This
: trap is a corporation-constructed
p and there is one old pop who
1 never put his foot in it.
(Discussion of any question of public
policy is always desirable, but Mr.
Higgins does me an injustice and him
self no honor by resorting to innuendo.
I might "reply in kind,' but shall re
frain,, because L believe Mr. Higgins
to be a sincere man, earnestly seeking
the true solution but just a wee bit
inclined to regard every man as a ras
cal who does not agree with him.
Our constitution requires franchises
to-be assessed and taxed upon . Ibeir
value not upon their cost. No fran
chise belonging to a corporation be
comes commercially valuable until the
corporation has issued capital stock
and bonds selling in the markets in ex
cess of the amount actually invested
in tangible property, and Is earning a
fair return upon the entire capitaliza
tion (the stocks and bonds). All fran
chises; are indispensible, but they do
not become valuable in a commer
cial sense until they are capitalized
against and bring in returns in the
way of interest on bonds and divi
dends on stock.
Contrary to Mr. Higgins' idea, cor
porations do not water their stock and
then fit their rates to the new capital
ization, but they water their stock to
cover up' the fact that , their rates are
producing enormous returns upon the
actual investment. Watering stock
Is only another way for expressing the
idea of issuing capitalization against
the franchise. A commercially valua
ble franchise is prima' facie evidence
that rates have been and are too high.
Mr. Higgins evidently believes it bet
ter policy to be robbed at both ends
of the line than at one. He would
rather have high freight rates, railroad
tax-shirking, and republican admin
istration, than to have high freight
rates, the railroads paying their full
share of the taxes, and a fusion ad
ministration. I do not concede for a
moment that the owners of a railroad
are entitled to charge rates high
enough to keep up a fair return upon
the high value of their property placed
there by previous rate extortion. The
true theory, it seems to me, is that the
return should be upon the amount in
vested that is to say, upon the cost
But taxes "are not" levied upon the
basis of cost. The original govern
ment homestead is not assessed upon
what it cost, but upon what it would
sell for today. A railroad must be
assessed in the same way.
I have no high hopes for any per
manent relief from freight extortion
short of public ownership. The ques
tion is too big for one man or 133 men
to solve In ninety days. We have been
at the business of regulating rates for
years and have done nothing. It is
doubtful if we ever will do anything
sugstantial until we exercise the right
of eminent domain, condemn and take
the railroads, and operate them by the
government. The power to regulate
freight rates has never been success
fully demonstrated; but the power to
tax is one which the railroads cannot
escape, except by the election of men
who will help them to shirk.
We cannot deceive ourselves by as
suming that a railroad is worth only
$18,000 a mile, and assessing it on
that basis because we think it can be
duplicated for that amount, and hope
thereby to fix freight rates to fit an
?18,000-per-mile valuation. When the
test case comes its owners will have
no difficulty in proving that they have
a much greater amount invested.
Railroad stocks and bonds are mere
ly evidences of partial ownership in
the ranroad issuing them, just as a
mortgage is evidence of an equitable
ownership In land, or a warranty deed
13 evidence of a legal ownership. A
ten thousand dollar mortgage covering
a five thousand dollar farm will not
sell for $10,000; but a two thousand
dollar warranty deed to that farm, if
unincumbered, is worth morehan $2,
000. And the value of neither the
mortgage nor the deed depends in any
manner upon what the property it rep
resents actually cost.
Mr. Higgins' reference to the gam
bling dens of New York city is in
tende to annihilate the theory that
the value of a railroad can be ascer
tained by reference to the market
value of its stocks and bonds. Corn
and wheat are subjects of gambling
speculation by these Wall street bulls
and bears, and doubtless Mr. Higgins
himself profited by the Lelter corner
in wheat, getting a considerably bet
ter price for it than he might have
received otherwise.
prqrvide revenue from the duties on the
cojil imported. There has, I believe,
alii'ays been a duty upon coal. This
1 ' fit 11 i! M
is, wim lu exception ui uims ui iwu
Infstances, a lower duty than has gen
erally been imposed upon bituminous
coil. The present, duty is 40 cents a
torn, which is here increased to 67
cents. " ?. .'
Senator Allen added these remarks,
which are singularly appropriate to
present conditions; ,
"Why exclude coal from elsewhere
and levy upon. the poor people of the
Atlantic seaboard and other portions
of the United States a tariff in addi
tion to the original cost of the . coal,
and compel every fireside in the thir
teen million and a half homes of the
United States to pay tribute to a few
owners of cpal mines? There is no
sense in it, there is no excuse, for it,
there is no reason to support it, ex
cepting the bare reason that friends
are to be rewarded in a bill of this
Senator Vest said: "This whole
movement is in perfect harmony with
the entire tariff scheme, and that is to
exclude a superior foreign product in
order to force the American consumer
to take an inferior one and put. money
in somebody's pocket when it ought
not to go there. That is the whole
of it. As I understand this proposed
amendment -it makes an entire revolu
tion in the taxation upon coalv It
puts anthracite 'coal upon the dutiable
list, although a cursory examination
of the paragraph would not leave that
Impression, 1 have not the amendment
before me, but my recollection of it is
tnat there is a duty of 67 cents on
all bituminous coal having less than
92 per cent of carbon, which would
include anthracite coal."
Senator Allison replied: "On coal
containing less than 92 per cerit of
carbon the duty proposed is 7 cents
per ton."
Senator Vest said: "That puts a
duty on anthracite coal."
Caught In the Act
The president announced in his Cin
cinnati speech that there was no duty
on anthracite coal, and Secretary
Moody said in his speech at Madison,
Wis., that "the duty of 67 cents on
anthracite coal, was smuggled into
the tariff act in a sneaking and cow
ardly manner." The president doubt
lessly accepted the constant asser
tions in the republican papers that
there was no duty as true, but upon
what grounds did Secretary Moody
base his statement that it was
"sneaked" into the bill. The Con
gressional Record shows that the ques
tion was fully debated in the senate
and that the duty was put there pub
licly and purposely. When that sec
tion was up, Senator Allen asked Sena
tor Allison, who had charge of the bill,
the following question:
"I should like to ask the senator
from Iowa what reason there is for
taxing coal? What is the necessity?"
Senator Allison replied: 'The same
necessity that there Is for a tariff
bill, to protect and care for the coal
producers of our own country and to
Hon. H. H. Hanks
The contest for congress in the First
district presents a different phase from
every other district in the state. On
the side of the republicans they have
a candiate whose only recommenda
tion is that in the garb of public
funds, he secured some "of the boodle
for his district. Upon the great pub
lic questions of the day and hour
he cannot be driven to make a state
ment of where he stands on any of
them. When challenged to a joint dis
cussion he took to the woods imme
diately. On the side of the fusionists
they have nominated a man who takes
a fearless and unequivocal position on
every public question and tells the elec
tors just what he will do and how he
will vote on every one of them. Be
sides that he is a Nebraska man. a
farmer, and lives on a farm. He se
cured his education in the state com
mon schools, Fayette college, and the
state university which he was com
pelled to leave on account of the death
of his father to go home and take
charge of the farm and the family.
While in the university he developed
extraordinary oratorical abilities and
when he went home, his neighbors sent
him to the legislature where he soon
became one of the recognized leaders
in that body.
Since the campaign began he has
grown in the estimation of the people
of the district every day. Every man
who hears H. H. Hanks says: "That
man is honest." In manliness, ability
and all the qualifications that go to
make an ideal congressman, he out
ranks his opponent that is, if an ideal
congressman is one who will work for
the interests of he ordinary people
rather than for those of the corpora
tions and the rich. The trusts, the
Wall street ganf of bankers, the rail
road corporations canot deceive or buy
him, and he will be on the floor of the
house, as he is at home, a farmer look
ing after the interests of the peoplo
of the west and not a tail of the Wall
street kite.
The Anthracite of Love ,
Dost thau dread the coming winter,
Oh, beloved of my soul?
Spake the bard of Avon truly
. All that glitters is not coal.
Be thou mine and no chill tremors
Through thy tender frame shall
For there's warmth potential hidden
In the coal mines of the heart.
Though the east wind madly mutters
At tne irosty window pane,
And the hyperborean breezes
Mingle snow and sleet and rain.
We'll but laugh to scorn, my darling,
For there's anthracite a-plenty
Iii the coal bins of the heart.
Fang of frost nor breath of blizzard
Shall afriffht thee, darllner nnp
Though the price of coal soar higher
u nan a nunarea plunks a ton.
We will only snuggle closer,-
And no frost our souls shall part,
While love's anthracite is glowing
In the fireplace of the heart,
Hon. W. H. Thorn pson
The republicans are attempting: to
make much political capital out of
Mickey's connection and standing with
a certain Methodist college. Thomp
son has been just as good a friend to
the Grand Island college, but has not
tried to catch votes on the strength of
that friendship. The following, from
the college paper, however, shows the
esteem in which lie Is held:
"The Volante is not a political organ
and therefore advocates ' the election
of no candidate on merely political
grounds. We are not acquainted with
the republican candidate and can
therefore bear no testimony to his
high qualifications for the office to
which he aspires. But we have knowu
the Hon. W, H. Thompson for a good
many years and can speak with regard
to him from a somewhat intimate ac
quaintance. Mr. Thompson is recog
nized by all who know him as a clean,
true man. He is a man of ability. He
made an excellent mayor of Grand Isl
and and has the qualities to make a
good governor of the state. Mr.
Thompson is Interested in all public
matters. He has been a capable trus
tee of Grand Island college from the
beginning of, the school, and has done
much for, Its advancement. His li
brary has always been open for the
use of the students and his late'.t
string has always been out for those
connected with the school. 'Mr.
Thompson is recognized as a friend of
law and order, of morality and relig
ion. Mr. Thompson has always been
a friend df the students, and while we
do not say these, things to advocate
his election, yet we regard it as the
duty of those that are acquainted with
him to say what they know, at a time
when all records and characters are
placed under the blazing searchlight of
public scrutiny. Mr. Thompson is a
man who will stand the test.
Was it Partisan Insanity?
Editor Independent: Within ten
minutes after receiving the cards I
fired ' back at you with the 60 cents.
taking my chance for the sale of them,
but In fact I gave them all away to
parties where I thought that they
would do the most good. This morn
ing quite a scene happened in front
of our postofflce. A school teacher,
one who above all ought to lay party
spirit aside, pointed to the different
articles on the first page, and in an
angry disposition tore the paper up.
That was all right when you under
stand him. He teaches during the
winter and the balance of his time he
travels for the Deering Harvester Co.
You are aware of the combination of
the harvester companies.
The idea of such an imitation of a
man teaching little children in the
present age is humiliating in the ex
treme. I have talked with the others
who got the paper and they all liked
it. I wish you success In spreading the
light. J. R. GRAVES.
Morehead, Kas.
Thanksgiving Proclamation
Washington, D. CM Oct. 29. Presi
dent Roosevelt today dssued his proc
lamation designating" Thursday, No
vember .27, as a day of thanksgiving.
The proclamation is as follows:
"According to thelyearly custom of
our people, it falls upon the president
at this season to appoint a day of
festival and thanksgiving to God.
"Over a century and a quarter has
passed since this country took its
place among the nations of the earth,
and during that time we have had on
the- whole more tobe thankful for
than has fallen to the lot of any other
people. Generation after generation
has grown to manhood and passed
away. Each has had to bear its pe
culiar burdens, each to face its special
crisis, and each has known years of
grim trial, when the country was
menaced by malice domestic or foreign
levy, when the hand of theLord was
heavy ipon it in drouth or flood or
pestilence, when in bodily distress and
anguish of soul it paid the penalty
of folly and a forward heart. Never
theless, decade by decade, we have
struggled onward and upward; we
now abundantly enjoy material well
being, and under the favor of the
Most High we are striving earnestly
to achieve moral and spiritual uplift
ing. The year that has just closed has
been one of peace and of overflowing
plenty. Rarely has any people an
joyed greater prosperity than we are
row enjoying. For this, we render
heartfelt and solemn thanks to the
Giver of Good; and we seek to praise
him not by words only, but by deeds,
by the way in which we do our duty
to ourselves and to our fellow men.
"Now, therefore, I, Theodore Roose
velt, president of the United States,
do hereby designate as a day of gen
eral thanksgiving, Thursday, the 27th
of the coming November, and do rec
ommend that throughout the land the
people cease from their ordinary oc
cupations and in their several homes
and places of worship 5 render thanks
unto Almighty God for the manifold
blessings of the. past year. . .
"In witness .whereof, .! have hereun
to set my hand and caused, the seal
of the united States to be amxed.
"Done at . the city of Washington,
this 29th day of October, In the year
of our Lord, 1902, and of the inde
pendence of, the United States the
127th." -M- . '.-:.."-. "
"By the "President:
Secretary of . State." .
Every farmer in Nebraska who
thinks that he ought to pay part of
the taxes that should be levied against
the - railroads, can accomplish his
benevolent purpose by going to the
polls and voting for Mickey, Prout and
Weston. Then he will have the priv
liege of doing it. -
According to a careful estimate
made by "The Omaha Bee," the lead
ing republican newspaper in Nebras
ka, the railroads . of this state are
shirking taxes to the amount of more
than one million dollars each year,
and which as a matter of justice they
ought to pay. This million dollars
which the railroads ought to pay is be
ing paid by the plain citizens of Ne
braska. The railroads are assessed
by the governor, the auditor, and the
treasurer, and the republican candi
dates for these offices are opposed to
any increase in railroad taxes. . The
Seasonable Goods at Special Prices
Silks! Silks!
Yama-mai, for skirt lining, cannot be
improved upon unless you pay
double the price. It possesses all
the attributes a silk lining should
have at half the usual cost. What's
more it is all silk, that's what can't be
said of'many so-called silk linings. '
It is 19 inches wide, at special price
for 10 days, per yard. . . .... . . . . . . . .39c
We offer a superior quality Taffeta
Silk, in black and white only; has a
natural brilliancy and unequaled for
wear, 19 inches wide, at. . . . . . . . . . . .59c
Fancy Striped India Silks, in Oriental . . . , .
designs, suitable for kimpnas and
house gowns, elegant quality, at only . . 45c
Fancy Taffeta Silks, in pretty color
combinations, suitable for waists, at. , 5oc
Velvet Corduroys, very popular for
waists, choice ran o-e of colors at. . . .$1.00.
We have just opened a pretty line of
Moire Velours, in the new and scarce
shades; these are the Tegular $1.25
qualities, our price . 95c
Wool Dress Fabrics
Black novelties, all wool, in new and
pretty patterns, at only . 39c
Black novelties, 4G inches wide, super
ior quality, all wool, handsome de
signs, at .58c
Black Cheviot, all wool, 40 inches
wide, heavy quality, unequaled for
wear, at ; 45c
Black Granite Cloths, fine quality, 40
inches wide, beautiful nrnsh, very
dressy, only 73c
Black Granite Cloths, extra heavy
quality, full 50 inches wide, suitable
for unlined skirts, at .95c
Butterick patterns and publications, we are sole agents
for Lincoln.
Cream wool goods for evening waists
Etamines, all wool, 38 inches wide,
very sheerV at.; ................... . 50c
Cream Mohair, 38 inches wide, beau
tiful quality at 50c
Cream. Mohair, 46 inches wide, bril-
, liant finish, and extra fine qualitv at $1.00
Bedford. Cords, all wool, .40 inches
'wide, superior quality, very stylish
for waists, at . , ........... .$1.00
Bedford Cords, very fiandsome novelty
patterns, 40 inches wide at ... . ....$1.50
French Flannels, beautiful soft finish,
all wool, at 05c and. . . . ..... . . . . . .45c
Linen Department ;
A purchase of 5X0 dozen Huck Towels, bought at
one-third the 1 actual value, enables us to make
the following low prices:
Huck Towels, good quality, regular 8c goods, at. 5p
Huck Towels, large size (18x38), splendid quality,
15c values, at. lOo
Huck Towels, extra good quality, at 15c and . . .. . . . .120
Domestic Department
. Unbleached muslin, 36 inches wide, heavy quality,
actual value, 7c, at.. 5c
Unbleached Sheeting, 9x4, superior quality, extra
special value nt. .......... ; ...14o
Comfort Prints, full standard, fast colors, at. ...4q
Percales, 32 inches wide, in black and white and
blue and whito, at 5j'o
Flannelettes, light or datk stripes, good quality, at.. -GKo
Fur Trimmings ; '
Fur Trimmings We make a specialty of Fur Trim
mings and carry an immense assortment of all de
sirable kinds nuitable for Cloak, Skirt, Waist or
hat trimmings, in all prices per yard at from $2.50
down to 150
A fine assortment of Fur Trimmings for Children'
Cloaks or bonnets, in white or color.
Fur Heads and Claws ornaments, each at from
1.60 down to. 10o
Household Dspartnuat Special Enaoulware Sale
We purchased from a, manufacturer a large line of
slightly iraperftsct enamelware, consisting of Rice '
'Boilers, Tea Kettles, Tea Pots, Sugar Bowls,
Sauce Pans, Pudding Pans, etc. The imperfec
tions in these goods are so slight that many arti
cles could be sold as perfect goods; any of them t
are great bargains at the price we ask for them.
Prices are 32c, 19c and ....10o
$1.00 for
now has nearly 100,000
subscribers and I want
200,000 more and want your
help to secure them in the
quickest possible time.
" If I could afford it, and Mr.
Madden would permit it, I
would supply my magazine free
to every one in the United States,
but to do this would take more
than the wealth of a Morgan or
even a Wilshire. I will come
close to it, however, and for a
limited time I will sell regular
one dollar subscription cards (each card good for a full year's
subscription to Wilshire's Magazine) for 25c. Please remit
cash with order at once for as many cards as you can
sell, as I may be obliged to withdraw the offer any time. I am
doing my part will you do yours? Lend a; hand to-day to
interest 200,000 new people in the great cause of Socialism.
H. GAVLO'RV XOILSHI'RE. 125 East 23d St.. Jfetv VorK.
only way you can remedy this great
wrong, against the people of Nebraska
Is by voting for William H. Thomp
son for governor, John N. Lyman for
treasurer, and Charles Q. De France
for state auditor.
The Rock Island System announces
a new series of Homeseekers' Excur
sion rates. . , -
November 4 and 18, the Rock Island
System will sell round trip tickets to
points In Oklahoma, Indian Territory,
New Mexico and Texas at one fare
plus $2 for the round trip. Return
limit 21 days. ' Stopovers allowed.
If you are contemplating a change
of location or want to buy land where
it Is good and cheap, these excursions
offer the best possible opportunity.
See the nearest Rock Island ticket
agent and get full information or ap-
ply to L. M. ALLEN,
:': v v G. P. A., Chicago.
F. H. BANUS, C. P. A.,
Lincoln, Neb. - 1
Patronize our advertisers.
Frrk Attorn.jr, 410 to 413
Richard Block
Notice i. given that on the 29th dajr of
October, 1902, at a meeting of th. Korsemey.r
Plumbing & Heating- Company, duly and reni
larly held at it general otBee in Lincoln, Ne
braska, and all of the aharea of stock of said
company being present atiaid meeting and vot
ing for the amendment hereinafter referred to.
it was regularly moved, seconded and carried,
and thereupon declared adopted, to amend th.
Articles of Incorporation of said company by
changing the name threof to KORSKMJBYEK
COMPANY, under which rame the company
will accordingly hereafter do business.
. Pros.