Will Maupin's weekly. (Lincoln, Neb.) 1911-1912, August 04, 1911, Image 5
when it does there will be no more Gug gcnheims and Morgans and Rockefellers. An expert in Chicago declares that gas. may be made and sold at a profit for 65 cents. Huh! If some one will show us how to extract the gas from the average political platform and pipe it to the peo ple, we'll sell it for half that per thou sand feet and in a few years make Johnny Rockefeller look like a past due note at the bank. The state banks of Nebraska are now operating under the guarantee law. We will watch with interest to see if there be a rush to these banks with the accumula tions of tarnished gold and silver corns and musty greenbacks long hidden in stockings and old shoes and stovepipe holes. If we have not been misled as to the effect of a guarantee law the deposits in the aforesaid banks should show a wonderful increase by the time next statement day rolls around. It would be just Nebraska's usual ill luck to have J. W. Crabtree remove to an other state. Why is it that Nebraska, with an enormous permanent school fund, and always boasting of her inter est in education, allows so many of her best educators to be lured to other states by better salaries? What state is in bet ter shape to pay good salaries to teach ers than Nebraska? A few years ago we let Prof. Ross get away from us, and Ross was then, as now, the leading sociologist of his day. We let Carroll Pearse get away, and Pearse is one of the biggest men in the educational field. A short time ago Prof. Davidson was allowed to get away,and Nebraska has great need of men like Davidson. Prof. Bishop resigned the state superintendency to accept a profes sorship at Ames, and the professorship pays twice as much as the office of state superintendent in Nebraska. Now Su perintendent Crabtree is considering a tender of the principalship of a Wiscon sin normal school, the salary being dou ble that he is now receiving. He is worth as much to this state as an educator as he could be to Wisconsin. LABOR DAY ARRANGEMENTS. The trades unionists of Lincoln have wisely decided not to have a parade on La bor Day this year. Instead they will have a family picnic at some resort, probably Capital Beach, at which time they and their friends will be privileged to listen to some speaker of national fame. Instead of spending money on a parade the union ists will devote whatever a parade might cost to the defense fund now being raised for the McNamaras, charged with dyna miting by the Merchants and Manufac turers association. Also, whatever pro ceeds above expenses there may be from the picnic will be used for the same pur pose. It is purposed to have the Labor Day speaker discuss the McNamara case fully and fairly. Trades unionists are not striving to pre vent justice being done to any who may commit crimes in the name of unionism. On the contrary, they ask only exact and even justice. They believe the McNamaras innocent, in which holding they act in conformity with the law, which holds every man to be innocent until proved guilty by a jury of his peers. They believe that money in plenty will be provided for the prosecution of the indicted unionists, and they do not mean that the indicted men shall be railroaded to the gallows. They intend seeing to it that the Mc Namaras have every opportunity to make adequate defense, not only because the McNamaras are union men, but because the prosecution is not nearly so much in terested in finding the accused guilty a it is in securing a verdict from the pub lic against the trades union movement. The McNamaras are mere pawns in the game that is being played by men who will halt at nothing to break down the only barrier that stands between the workers of this country and industrial serfdom. The trades unionists of Lincoln, in common with their fellows everywhere, should, and doubtless do, feel a personal interest in providing an adequate defense for the men now charged with the awful crime of dynamiting. If these men are guilty, no honest trades unionist will op pose the utmost punishment provided by law. But they do insist that the accused have a fair trial, trial before an unpreju diced court. More they will not ask for; less they will not submit to. FRANCIS G. HAMER. Judge Hamer, republican candidate for the nomination for judge of the su preme court, is one of Nebraska's earliest pioneers. He still owns the homestead which he and his wife entered nearly i ?gr 'mBMm forty years ago. Judge Hamer served upon the district bench for a number of years, and his record was a credit to him self and satisfactory to the people. He is the only republican candidate livin. west of a line drawn through the state north and south and bisecting York and Norfolk. His ability is beyond question, and as a member of the court of final re sort he will give to Nebraska the ripened experience of an able lawyer an a trained jurist. THE TRACTION PROBLEM. Will Maupin's Weekly holds no brief for the defense of the Lincoln Traction Co. On the contrary, it is more inclined to assist in the prosecution because of that corporation's sins of omission and commission. But first of all this news paper desires to be fair, and it is of the opinion that fairness has not been ac corded the Lincoln Traction Co. We hold that the stock of the corpora tion is unduly watered, but that does not mean what it might have meant a few years ago before regulation came into ef fect. Even though the company were stocked and bonded ten times more than it now is, that wouldn't have any effect on the public, for the very simple reason that the corporation is allowed to pay but 8 per cent dividends on its actual physical valuation the valuation being fixed by the state railway commission. The only people who suffer because of water in the stock are those who have invested their good money therein. With this fact in mind one may more readily grasp other and really important facts. For instance, why should the Traction Co. be assessed at $57,000 a mile in the paved districts while the Burlington is as sessed at only $51,000 a mile remember ing that the Burlington tax includes term inals, rolling stock, etc., distributed over the system, while the Traction tax does not include anything but the rails. The power plant; rolling stock, etc., are listed separately and taxed separately. The Traction Co. is compelled to pave between rails and a certain distance out sies, and to keep same in repair. What justice is there then, in compelling the company to pay tax on the paving? Again, if the company is compelled to pay tax on that paving, why is it not al lowed to include the value of the paving in its physical valuation and pay divi dends thereon? The Traction Co. is assesed more per mile in the paved districts than the Mis souri Pacific system, the Northwestern, or the Rock Island system remembering that the railroads tax includes every thing, while the Traction Co. tax includes nothing but the rails, roadbed and paving. Once more : The Traction Co. is allowed to pay but 8 per cent dividends on a val uation fixed by the state railway commis sion. The lines outside of the paved dis tricts are assessed for taxation at a total of $499,500. It is allowed to earn divi dends upon a commission fixed physical valuation of but $175,250. Still again : The Traction Co. is allowed to pay dividends of 8 per cent on a physi cal valuation; arbitrarily fixed by the state railway commission. An accident or a visitation 'of providence compels the company to replace property valued at pay 5,0Q0, The company of course must