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About The farmers' alliance. (Lincoln, Nebraska) 1889-1892 | View Entire Issue (March 29, 1890)
THE FARMEKS' ALLIANCE: LINCOLN, NEB., SATURDAY, MA.K. 29, 1890.
PUBLISHED EVERY SATURDAY MORNING.
ALLIAIfCE PUBLISHING CO.
.J. BURROWS, : : : Editor.
J. M. THOMPSON, Business Manager.
In the beauty f the lillies
Christ was born across the sea,
With a glory in his bosom
- That transfigures you and me. (
As He strove to make men holy
Let us strive to make men free,
' Since God is marching on."
Julia Ward Howe.
" Laurel crowns cleave to deserts,
And power to him who power exerts."
A ruddy drop of manly blood
The surging sea outweighs."
' He who cannot reason is a fool, -z
He who will not reason is a coward,
He who dare not reason is a slave."
We will send the Cabinet Photograph
of 'Sheridan and his generals" for two
new subscribers to The Alliance for
one year at $1.00. This is in reply to i
quiries from some old soldiers.
OF THE ALLIANCE OFFICE.
TnE Alliance office is removed to
CORNER OF M & 11th STREETS,
where we have capacious quarters, and
will be much better able to receive and
entertain our friends than at our late
office in Bohanan Block. The office of
the State Business Agent and the office
of the State Secretary will be on the
ground floor, and the publication office
and editorial rooms of The Alliance
on the second floor. We are happy to
inform our friends that we now have as
pleasant and commodious printing and
editorial rooms as are to be found in
the city. We are also adding to our
and are prepared to do as good work
at as reasonable rates as any.
THE STATE AGENT
will have a full line of samples of Im
plements and Farm Machinery, which
he will sell in large or small lots.
Remember our latch-string is always
Capital in Railroads and Capital in Farms.
That corporation organ, the Lincoln
Journal, criticises Mr. Burrows for say
ing thai capital invested in farms ought
to pay better returns than capital in
vested in railroads. '" Of course Mr.
Burrows had in mind, when he made
that statement, the investment in farms
by the men1 who actually tilled the
farms. For the capitalist who puts
money in farms as an investment we
have no concern. He can take care of
himself. But to say that the man who
owns the land he tills should not have
a better return on his capital than the
idler who owns watered railroad stock
and calls it capital, is too absurd. Upon
the basis of merit he should have
doable. His industry forms the basis
of the prosperity of all other industries,
including railroading. The return
from his land is the result of his own
unremitting toil. Without the labor
his land brings him nothing. His actual
return in rent or interest, whichever it
is called, seldom CQmes to him in mon
ey, but is taken in use in the rent
which in cities costs money.
Mr. Burrows, in making an estimate
on the cost of raising a bushel of corn
in Gage county, placed the value of
land at $20 per acre, and its rental at
10 per cent, or $2 per acre. The bril
liant and versatile general attorney of
the U. P. road, John M. T., who will
explode some day and vanish into thin
air, asked Mr. Burrows if he thought it
was fair that capital invested in land
should pay 10 per cent, while capital in
railroads paid only Ave. This brilliant
genius assumed that when land was
paying a nominal rental of 10 per cent
it was paying that amount on the capi
tal, entirely ignoring the fact that the
depreciation of rented lands was from
five to eight per cent; and ignoring the
other fact that a nominal return of five
tper cent on what he termed the value of
'v. railroad property actually amounts to
15 or 20 per cent on the capital actual
ly invested. Under the cropping sys
tem followed by renters who are com
pelled to make quick cash returns the
destruction of the fertility of land is
rapid and certain. Ten successive
years of such use would exhaust most
soils so that at the end of that term the
land would be almost valueless. On
the other hand the five per cent on rail
road values is not computed until all
charges of wear and tear have been re
couped. 1 If orator John thinks capital
invested in land has such an unfair ad
vantage he had better sell a few of his
bonds and buy some. Or he might in
vest his salary that "way. His year's
wages woufd -buy about two first class
farms in Gage county; while a hard
working farmer considers himself lucky
if at the end of forty years' hard labor
he owns one free of debt. This simple
fact tells the whole story of the dispar
ity between railroading and farming.
' Alas! Alas!
We clip the following from our green
back contemporary the Omaha Republi
'The Farmers' Alliance with Van
Wvck at one side and Leese at the oth
er, is in a perplexing quandary. How
happy it could be with . either were
'tother dear charmer away."
We would like to inquire what brand
of whisky the Republican editor drinks
After a very thorough and exhaustive
examination of the whole subject by
the State Executive Committee, and by
a sub-committee appointed specially
for that purpose, it . has been decided
not to establish an Alliance insurance
department at the present time. The
reasons for this action can be very
briefly given. The committee thought
that an unincorporated company would
not be satisfactory; and the resolution
of the state meeting under which it was
acting required that the company should
be incorporated. It also required that
it should be purely on the mutual plan.
The committee found that these two re
quirements were at variance. An in
surance company organized and con
ducted purely on the mutual plan can
not be honestly incorporated in the
state of Nebraska. The mutual plan of
insurance contemplates only the collec
tion from the members of sufficient
money to pay actual losses and defray
actual necessary expenses. Under this
plan honestly carried out no fund can
be accumulated for any other purpose.
But the law of Nebraska, passed at the
instance and in. the interest of the in
surance ring, provides that no compa
ny "on the plan of mutual insurance
shall commence business in this state
until agreements have been entered
into for insurance with at least two
hundred applicants, the premiums upon
which shall amount to not less than
twenty-five thousand dollars, of which
at least fire thousand dollars shall hare
been paid in actual cash," etc.
It will be seen that this law, ostensi
bly providing for mutual insurance,
practically prohibits it. Of course this
provision could be evaded, or rather
complied with in a manner not contem
plated by the law. , So-called mutual
insurance companies are formed and
incorporated in Nebraska. But it will
be seen that a company .cannot be or
ganized and strictly comply with this
law, and at the same time adhere strict
ly to the mutual plan. The Executive
Committee of the State Alliance will
not consent to any evasion of law, or
any shady transaction. V
The sub-committee in whose hands
the Executive' Committee placed this
matter at its last meeting recommended
that at a date sufficiently near the meet
ing of the next legislature applications
for membership and insurance in a mu
tual company be taken; and that then
as soon as th'e law can be modified to
permit it an Alliance'Mutual Insurance
Co. be properly organized and incorpo
rated. - -.
The insurance laws of the state need
modifying in several other important
particulars. They have been enacted
in the interest of eastern insurance cor
porations who loan money in this state,
and with the view of preventing the
farmers and others from insuring each
Local unincorporated companies can
be formed, and if proper care is taken in
assuming risks, much money can be
saved to the members.
The Butterworth Bill.
Speculating in the necessaries of life
cornering necessary food products so
as to extract through their scarcity a
higher price from the consumer, rich as
well as poor has long been a crying
evil in this country. Dealing in futures
selling the phantom of products which
have no existence using for purposes
of gain the mere spirit of another spirit
which is purely imaginary has also
long been a crying evil. It is a
vicious exhibition of the gambling
tendency of human nature. It demor
alizes markets.unsettles values, renders
property . in agricultural products
variable; prevents legitimate invest
ments and paralyzes legitimate,
trade. The Butterworth bill is de
signed to cure these great evils.
The members of Congress from Nebras
ka ought to understand that all intelli
gent farmers desire these evils to be
remedied, and that the members of the
Alliance demand that they should give
their support to any just measure that
promises relief. Gentlemen Congress
men, we will have a record of your votes
and dodges on all these interesting ques-
As the distress of the present time is
not confined to farmers alone, nor
caused by speculation alone, it is Well
to speak of these and kindred measures
not merely as disigned for the relief of
agriculture.but for that of all the people.
And it might be well to broaden
out a little in seeking measures of relief.
The great cause of hard. times isscarciiy
of money. Every man who is not abso
lutely daft knows that. Congress is the
only power in this country which creates
or authorizes the issue of money. Now,
gentlemen, the remedy is plain. You
know it as well as we do. If you wish to
stimulate trade, increase prices, revive
business, diminish poverty, stop sucides,
and make every body prosperous and
happy, issue more money, and supple
ment it by stopping gambling in futures
Another Alliance Business Association.
The Wilsonville Alliance Business
Association filed articles of incorpora
tion in the office of the secretary of state
last Tuesday. Its place of business is
Wilsonville, Furnas county. Capital
stock $20,000. Incorporators, C. S
E. A. Framers,E. M. Pratt, Geo. M.Mil
ler. S. S. Gerrish, C. S. Maulsley and
James McComb. The Alliances of Fur
nas county are among the most enter
prising in the state.
Lancaster County Alliance.
On Monday last a County Alliance
was organized for ; Lancaster county.
About fifty delegates were present, an
exceptionally intelligent body of men.
J. Burrows -was temporary chairman,
and J. M. Thompson temporary secre
tary. The following officers .were
elected: President, O. Hull; Vice
Pres., J. H. Westcott; Secretary, I. F.
Dale; Treasurer, I. N. Leonard.
; One would naturally suppose that it
would make no difference to a railroad
corporation who it .hauled freight for
that one man's money would be as good
as another's. But it isn't so. It does
make a vast difference, apparently.
For instance, the recent freight investi
gation developed the fact that the Ne
braska roads received forty per cent of
the freight between Lincoln and Chi
cago. The rate from here or from river
points is about 20 cts per 100. Forty
per cent of this is 8 cts. This leaves 12
cts from the river for the Iowa roads.
Now if the Rock Island road can haul
corn from the river for the B. & M. or
U.P. at 12 cts per 100 lbs., Jt would
seem as though it could haul at the
same rate for John Doe or Richard
Roe, Nebraska farmers. But it isn't so.
It don't do it. And that's the' difference
between a Nebraska fanner and a rail
road company a very important dif
ferencein fact a difference of forty
per cent. Couldn't some kind of a law
be enacted in Nebraska that would put
a railroad corporation and John Doe
on the same level as to freight rates?
Good Report From Otoe County.
Bro. II. P. Farnsworth sends a very
encouraging report as to the Alliance
work in Otoe county. The County Al
liance met on the 19th, and had a very
satisfactory and pleasant meeting.
Some complaint is made about inability
to obtain supplies for organizers. We
will say in regard to this that the re
moval .of the Secretary's office, made
necessary on account of room, and the
large demands upon his time in organ
izing work outside of his office, has in
terfered greatly with regular office
work. When he is settled in his new
quarters all calls will be more promptly
Bro. Farnsworth proposes a contribu
tion or loan from the Alliance to ena
ble the Alliance Publishing Co. to buy a
press. We appreciate ,Bro. F.'s good
intentions; but at the same time we
would greatly prefer to buy a press out
of the regular and 1 legitimate receipts
of the office. ' If the members of . the
Alliance will take our paper we will be
able to buy a press without any loan
or contribution. And we intend
to try that method before we borrow.
So, brothers, send in the subscribers.
Ouf Delegation Very Busy.
The Washington dispatches have
brought the news of several meetings of
our Washington Congressmen since the
convening of Congress. This is of great
interest to our farmers. One would sup
pose their interests would be well-looked
after, but inquiry developes some
doubt on that point. Inqury generally
shows that these meetings are called to
secure an argreement among our mem
bers as to the disposal of some petty
office. Several meetings have been held
to consider the condition of the g. o. p.
in this state; but not one has yet been
held to endeavor to originate some
measures of relief for the depressed con
dition of trade and agriculture. The
little details of partisan politics are
looked after, while the interests of
the great plain people are neglect
ed. And the people have no right
to complain. The first district sent
a real estate sharper; the second a
politician and railroad capper; the
third a National banker all of them
to represent districts in which agi'icul
ture is the leading interest. If you
want sTiarpcr and monoply representa
tion send sharpers and bankers and rail
road cappers. When will the farmers
of Nebraska get their eye-teeth cut?
The Alliance Petitions.
The following extract from the Wash
ington dispatches shows the influence
of the people. The "wagon load of pe
titions" alluded to went very largely
through The Alliance office, and they
are still going. We have sent petitions
this week with thousands of names,
and more are ready. When the people
arready to unite and show congress
what they want they will get it. Below
is the dispatch:
DOWN ON NATIONAL BANKS.
Another black eye was given national
banking interests to-day through the
granger element. J. he house commit
tee on banking and currency had up a
bill providing that national banks may
loan 10 per cent of their surplus as well
as their capital stock to individuals
The opposition to any class of legisla
tion in favor of national banks appeared
with renewed vigor in the committee
and it was agreed that the measure
should be reported adversely. It was
recommended by the comptroller ot the
currencv. The nrosnects for anv kind
of legislation intended to relieve the
national banking interests at the hands
of congress are now very small. The
farmers of the far west have poured
into congress a wagon load of petitions
protesting against any kind of legisla
tion tendingHo give an impetus to na
tional banking interests and congress
seems to be thoroughly frightened.
A Highly Prized Compliment.
, Our brother Wm. Hunt, of Ancora
N. J., is a sincere and ardent adyocate
of the rights of humanity, as well as a
man of discriminating literary taste.
The following compliment, taken from
a private letter just received from him,
is so flattering as well as so kind, that
we can hardly refrain from publishing
it, only hoping that it may be partially
at least deserved:
" Ancoka, March 20, 1890.
Deak Mr. Bukeows: I write to con
gratulate you on the splendid make up
of your paper, The Farmers' Alli
ance. I take about a dozen papers,
and among them . all there is not one
that so nicely gives a bird's eye view of
the situation of things. If you had am
ple means to do it, I would not vote for
enlarging your paper. Do not reduce
size of your type. Do not work too
hard.''-- Yours truly,
Kind Words From Chicago.
The Farmers' Voice, most ably edited
by Lester C. Hubbard, speaks of this
paper and its editor in the most flatter
ing manner. Thanks! Mr, Hubbard's
Voice will never cease to be heard in the
advocacy of right and justice, and in
defense of the great plain people.
RAILROAD LEGISLATION IN IOWA
An Interesting Letter from National Lec
Des Moines, la., March 22, 1890.
Editor Farmers Alliance: The
Iowa legislature has finally gotten down
to work and an immense amount of leg
islating has to be crowded into a short
time; yet despite this committees are en
deavoring to hear all sides upon every
question involving large interests.
At the present time the house commit
tee on railroads has before it a measure
framed under the direction of the Iowa
jobbers and shippers to secure to the
state joint rates as it is familiarly known
with us here in Iowa. As you are aware
we have an elective railroad commission
and this commission has power to fix
maximum rates upon all purely state
traffic. The rates established by them
have proven very satisfactory. But the
committee were not given the power to
establish joint tariffs where the ship
ment passed over two or more roads
under different management. These
joint rates had been allowed in Iowa up
to the time the commissioners' rates
went into effect. They were then with
drawn upon state traffic as a matter of
retaliation, while they were retained
upon through business, and this was
used as a leverage to interfere in so far
as possible with the business of the Iowa
The jobbers came before the railroad
committee from the house Wednesday
and made their plea for the bill giving
the state joint rates. The jobbers made
a very strong showing, so strong that
the railroads asked a rehearing, although
they had been previously heard. Hence
they were granted a rehearing on Thurs
day, the 20th. Mr. W. C. Brown of the
C, B. & Q., and Chairman Faithhorn
were present and made the argument
for the railroad companies. The burden
of it was that the better way to get along
is to leave the railroads alone and trust
them to do the fair thing by the people.
They argued that rates were so low in
Iowa that the roads could not afford to
give joint rates. To prove this they
went into comparisons to show how
much lower the Iowa rate is than in
neighboring states. The appended table
is their own cut down to show the com
parison between the Iowa rate under
her elective commissioners and the Ne
braska rate where the commissioners
have only advisory powers. The tables
speak for themselves and should be an
eye opener for the farmers. As a pref
ace to his comparison of rates Mr. Brown
It has been stated in your hearing that
rates in Iowa under the commissioners'
schedule are lower than in surrounding
states similarly situated and having a
similar traffic, but I believe no specific
figures have been given you which would
serve to give you a clear idea of the dif
ference by comparison.
Idesire to call attention to the follow
ing comparisons. I will use the old Iowa
tariff in effect February G, 1889, and not
the late reduced tariff, which shows a
a still further reduction of about 20 per
cent, but which we hope will remain in
effect only temporarily.
Commencing with 25 miles the rates
are as follows:
First Class In Iowa 17, Nebraska 22.
Second Class Iowa 14.45. Nebraska 19.
Third Class Iowa 11.34, Nebraska 17.
Fourth Class Iowa 8.05, Nebraska 14.
Fifth Class Iowa 5.95, Nebraska 10.
Class A Iowa 6, Nebraska 10.
Class B Iowa 5.5)5, Nebraska 9.
Class C Iowa 5.01, Nebraska 7.
Class D Iowa 4.25, Nebraska 6.
Class E Iowa 3.4, Nebraska 3.50.
' - FOR 50 MILES.
First Class Towa 20, Nebraska 32.
Second Class Iowa 17, Nebraska 29.
Third Class Iowa 13.34, Nebraska 25.
Fourth Class Iowa 10, Nebraska 21.
Fifth Class Iowa 7, Nebraska 16.
Class A Iowa 7.05, Nebraska 16.
Class u Iowa 7, Nebraska 11.
Class C Iowa 6, Nebraska 9.
Class D Iowa 5, Nebraska 7.
Class E Iowa 4, Nebraska tyt.
for 75 MILES.
First Class Iowa 22, Nebraska 42.
Second Class Iowa 18.7, Nebraska 38.
Third Class- Iowa 14.67, Nebraska 35.
Fourth Class Iowa 11, Nebraska 30.
Fifth Class Iowa 7.7, Nebraska 25.
Class A Iowa 8, Nebraska 21.
Class B Iowa 7.7, Nebraska 14.
Class C Iowa 6.6, Nebraska 12.
Class DIo a 5.5, Nebraska 8.
Class E Iowa 4.4, Nebraska 5.
for 100 mil.es.
First Class Iowa24, Nebraska 52.
Second Class Iowa 20.4, Nebraska 45.
Third Class Iowa 16, Nebraska 40.
Fourth Class Iowa 12, Nebraska 35.
Fifth Class Iowa 8.4, Nebraska 30.
Class A Iowa 9, Nebraska 24.
Class B Iowa 8.4, Nebraska 16.
Class C Iowa 7.2, Nebraska 14.
Class D Iowa 6, Nebraska 10.
Class E Iowa 4.08, Nebraska 7.
for 125 miles. '
First Class Iowa 28, Nebraska 58. .
Second Class Iowa 22.85, Nebraska 50.
Third Class Iowa 17.75, Nebraska 45.
Fourth Class Iowa 13.65, Nebraska 37.
Fifth Class Iowa 9.85, Nebraska 32.
Class A Iowa 10.75, Nebraska 26.
Class B Iowa 9.55, Nebraska 19.
Class C Iowa 8.2, Nebraska 17.
Class D Iowa 6.85, Nebraska 12.
Class E Iowa 5.6, Nebraska 7.
I have quoted the rates up to the dis
tance of 123 miles, for all distances the
comparison continues with the same rel
ative rates in favor of Iowa.
This tells the benficent effect of Iowa
railroad legislation better than a whole
chapter from my pen. Does not the
farmer of Nebraska feel like making the
transportation question the paramount
one in state politics until they share in
the same benefits? N. B. Ashby. .
Mortgages in Saline County.
The following figures are taken from
the official record of Saline Co., Neb.,
and are reliable. We commend them to
the attention of the Omaha Bee, Gen. (?)
E. F. Test, the Lincoln Journal and the
balance of the monopoly crew who have.
been damning the Alliance for the last
two years for telling half the truth about
fjjrm mortgages; and we will refer to
the subject again.
Real Estate mortgages,unsatisfied of record
Lands..... .. f 1,816,388.23
Town lots 370,963.23
Total real estate mortgages... $2,187,351.46
Bonded debt schools and cities .... 97,759.65
Bank loans and discounts 1,418,951.41
Chattel mortfl-aares held bv private )
partiesfbankB not included) uore- r 332,584.44
leased niea since January lst,isy. J
Total f 4,036,648.98
Against this indebtedness the assessed valu
ation of property Is for last year as follows:
Lands. ; . . . . . $1,234,958.00
Lots ............ 425,773.00
The Position of Our Senators and Repre
sentatives Correctly Defined.
" Eye Witness " Knows What He is
Editor Farmers Alliance: I am
greatly amused at the frightened gabble
of Nebraska's senators and members of
congress over the Alliance and its prob
able action. All at once they are rip
roaring anti-monops, and are industri
ously engaged in "paddling back."
Paddock, who by railroad money de
feated VanWyck, is extremely anxious
to do something for the "poor farmers,"
and both he and Manderson, in an in
terview just published in the Bee, are
full of instructions "how to farm suc
cessfully." And this is' what they say:
i4Our farmers have been giving too
much attention to corn and wheat. They
can make more money by producing su
gar beets and making starch and other
food articles out of their common pro
ducts." Of course its no trouble to make all
your corn into starch. A fifty thousand
dollar plant should be erected by each
of you at once. Not a word about tack
ling freight rates and putting dbwn
trusts and combinations that are taking
the life out of everybody. ' Connell, the
poor fool, talks about what a great anti
monop he is, but yet not a man has been
appointed to any important office that
is not one of the boss railroad cappers
of the community; Gere, postmaster of
Lincoln, a railroad organ grinder for
years, and Pete Walker, postmaster of
Waverly, another; and so on all along
the line. But the most bare-faced scamp
of the whole outfit is Laws, who dis
graces the state as a member of congress
from the Second district. Less than
three months ago he was one of Ne
braska's famous state board of transpor
tation, and like the others would not
even second a motion to reduce rates in
Nebraska; now in his interview he says:
"We have an over-production in our
country, and with scarcity of money
and the high freight rates, our farmers
must suffer for a year at least. I am in
favor of anything to help the farmers
and opposed to everything which will
make the capitalists and manufacturers
more powerful." He is very solicitous
about the farmers all at once. If a sin
gle one of them votes for his re-election
he does not deserve anything but pov
erty and hard times. Such ducks should
be shelved at the first opportunity. Has
any one of Nebra.'-.ka's congressmen in
troduced any bills or voted for any
measures to restrict the railroads in
their robberies? Haven't seen any re
port of any such thing. But they are
great anti-monops just now.
Gen. VanWyck at Genoa.
On March 21st Gen. VanWyck ad
dressed a meeting of farmers at Genoa,
in Fillmore county. We give below an
extract in which he places our friend,
John M. Thurston, in a focus that suits
A GREAT POINT GAINED.
One sreat point has been gained. You
not onlv clearly see, but fully realize
your forlorn and depressed condition.
lear alter year you have been warned.
You were notified in time that the dam
was about to "break, and the .rushing
ilood of avarice and extortion would de
stroy; but you, were heedless. Messen
gers from corporations assured you that
the threatened dangers were only bless
ings in disguise, that those who had or
ganized corporations and syndicates
were true philanthropists and Chris
tians, Godly gentlemen working exclus
ively for the interest of the people; that
by absorbing the earnings they encour
aged industry and economy; that such
as Gould and Vanderbilt were generous
and self-sacrificing, and especially
worthy of worship by wearing their
lives away in gathering up tne earnings
of others so they can build other roads,
taking in their kindly embrace still more
millions. So that other class who show
their contempt of usury laws by daily
violating tnem, claiming the same pious
humanity, insist upon 2, 3 and 5 per cent
a month, increasing the rate as the ne
cessity and poverty increases, until the
land is covered with mortgages, which
champions of capital claim in congress
are evidences of tnrift.energy and pros
perity. In all ages there have not been
wanting ghastly and ghostly defenders
of all forms of oppression, all schemes
of injustice. In he days of Charles I.
the church enforced obedience to a creed
that all governments "were divine and
the king could do no wrong. So in later
days statesmen and preachers argued
the divine right of slavery, and eloquent
preachers endeavored to increase the
zeal and humility of the poor slave and
administer the sacrament, impregnated
with the pleasing admonition that he
must cheerfully bear chains and stripes
because it was so foreordained in the
councils of creation; that he would be
cursed with eternal lire if he dare assert
the right to his own labor, to his wife
and child. What mockery! The great
Lincoln breathed bitter denunciations
upon those who would wrest the glory
of the Almighty by holding him respon
sible tor the crimes and cruelties of men
and devils. Would you believe it that
at the anniversary of the birth of Lin
coln to perpetuate his memory it was
desecrated by rehashing the sacrilege
against the Most High which had ap
peared for centuries in defense of des
potism. JOHN'S GREAT DISCOVERY.
After denouncing as "dreamers and
idiots those who prate of an ideal com
munity where all live upon an exact
equality," the attorney of the Union Pa
cific informed the assembled multitude
that the Infinite Creator has never yet
made two beings exactly alike, and he
further said: ''It is also inevitable that
there should be different classes of so
ciety in every government. The labor
of the world could be carried on in no
other way." And he added, "It is also
inevitable that there shall always be an
unequal distribution of wealth, and this
fives rise to much serious discontent,
f it were not for the accumulation of
great fortunes, if it were not for the
combination of capital in corporate or
ganization, those great enterprises which
so rapidly develop the country and give
employment to millions, who might
otherwise starve, could never be under
taken or successfully carried out." How
kind of the Union Pacific to provide at
large salary an attorney who is so close
to the Infinite Creator that he can pro
claim his inevitable purposes. The days
of miracles are not passed when an at
torney, even a railroad attorney, still
more wonderful a railroad political at
torney, could even inspire that degree
of confidence in the Infinite Creator.
His large experience in running primar
ies and conventions ind manipulating
legislatures, inducing members to be
tray their creators, the people, must
have encouraged Thurston with the bra
zen boldness and success in a mission so
delicate. Horrible tq contemplate! Mil
lions saved from starvation only through
the divine purpose of unequal distribu
tion and railroad corporations! The
beautitudes of the Christian era are in
comprehensible. We begin to know
What we are here for. This John is ev
idently lineally descended, and in regu
lar succession, from the former apostle,
John the Baptist. It is well to be as
sured by one who knows that the near
ness of millions to death by starvation
and rescue were inevitable as well as
the present unequal distribution of
wealth shall always be. That must set
tle it and render useless any attempt to
bridge over or narrow the gulf between
the different classes, or to limit or mod
fy the unequal distribution of wealth
which the modern apostle John says is
"inevitable and shall always be." Alas,
alas, the latter'end is becoming worse
than the first. In the ages past men
have taken courage from the hope there
was and could be a "better time com
ing." Now the modern apostle John
says it is "inevitable," that the -door is
closed against mankind and bolted on
the inside, for "it shall always be."
THE UNION PACIFIC APPROVES.
These ' sentiments are evidently ap
proved by the Union Pacific and kindred
philanthropic organizations, who rob
the producers and then in a spirit of
charity save "millions from starvation."
Is such the tenure by which the people,
the sovereigns of a great republic, pre
serve life in their human bodies? For
tunately the inevitable of the apostle is
somewhat modified, otherwise the mod
ern John would be gaily disporting in
skin raiment and luxuriating on locusts
and wild honey. The attorney, as a re
ward of merit, has evidently been re
lieved from the drudgery of the law and
Eromoted to a wider fiel'd, and seems to
e earning his share of the unequal dis
tribution by such speeches in different
sections, with the inevitable purpose of
educating his hearers to the religious
aspect of the robberies of the Union Pa
cific; that the millions must be content
for crumbs to save them from starva
tion, while the greed3r corporation in
struggling 'to carry out the "inevitable
purpose" of "the Infinite Creator," and
continue the eternity of unequal distri
bution, asks congress to have its debt
extended seventy years with reduced in
terest from 1 to 3 percent a year, while
the millions saved from starvation by
its bounty are compelled to pay 3 per
cent a month. If the attorney-apostle
will brief his theology he would find the
"inevitable" and the "always to be" was
created and sustained by the Pharaohs
and Ca?sars and Charleses and by the
Goulds and Vanderbilts, which as a re
suit of the ciirse have afflicted every
country and age. The efforts of the good
and true in the centuries past are. a pro
test against the version of the railroad
apostle, as the inevitable of the Infinite
Creator. For 6,000 years or more, in
fire and blood, in prison pen, at the
stake, on the gibbet, the martyr whose
blood has cemented the- foundations of
each of the few republics which have
adorned the world's history, all bear
witness to the impiety of such theology.
It was thus the Tells of Switzerland, the
Bruces of Scotland, the Emmetts of Ire
land were made immortal and the earth
wreathed with glory and heaven radiant
with a brightness, only equalled by the
brilliancy of the crown blazoned by the
blood of the Redeemer in His death to
rescue the world from this pretended in
evitable of an Infinite Creator.
THE SAFETY FUND.
The Formation of Money, and the Mode of
The constitution declares, Art. I., Sec.
VIII., 5. 'That the congress shall have
the power to coin money, regulate the
value thereof, and of foreign coin and
fix the standard weights and measures."
Sec. X., I., "Ni state shall coin money,
emit bills of credit, make anything but
Sold and silver a tender in payment of
ebts." It is clear that congress has the
Constitutional right to coin money and
regulate its value; to emit bils of credit,
and to make anything it chooses a ten
der in payment of debts. This reserved
right makes it the duty of the General
Government to pro;Ue the money of
the nation; and it is accordingly bound
to make money in quantities adequate to
the wants of business, and to institute
it in' a way which will secure the effec
tual regulation of its value. The Con
stitution as plainly calls for the exercise
of the Federal power for this purpose,
as for the fixing of standard weights and
measures. Sec. X., I., declares that the
states have no right to coin money, emit
bills of credit, or make anything but
old and silver a tender in payment of
ebts. Bank bills are bills of credit.and
very hazardous ones too; for millions
of them are issued without being repre
sentatives of property, and many hold
ers have sustained great losses by their
failure. According to the Constitution,
the state governments have no right to
establish banks, and impose this hazard
and loss upon the people; they. have in
fringed the province of the General
Government. Having themselves no
constitutional right to issue bills of
credit, they can certainly have no pow
er to delegate such rights to others.
In the plan we are about to propose
for the formation of a National currency
by the General Government, all the
money circulated in the United States
will be issued by a national instution,
and will be a representative of actual
property, therefore it cannot fail to be a
good and safe tender in payment of
debts. It will be loaned to individuals
in every state, county and town, at a
uniform rate of interest, and hence will
be of invariable value throughout the
Union. All persons who offer good and
permanent security will be at all times
supplied with money, and for any term
of jears during which they will regular
ly Pay interest. Therefore no town,
county or state need be dependent upon
any other for money, because each nas
real property enough to secure many
times the amount which it will require.
If more than the necessary amount of
money be issued the surplus will be im
meadiately funded, and go out of use
without injury. It will be impossible
for any foriegn nation, or any number
of banks or capitalist to derange the
monetary system, either by changing
the rate of interest, or by inducing a
scarcity or a surplus of money. It will
be the duty of the government to ascer
tain as nearly as possible what rate of
interest will secure to labor and capital
their respective rights and to fix the
interest at that rate.
The plan requires the general gov
ernment to establish an institution,
with one or more branches in each
state. This institution may appropri
ately bo called the National Safety
Fund: first, because the money of this
institution will constitute a legal ten
der of uniform value for the whole peo-
Ele, and will always be safe; second,
ecause the interest- being fixed at a
just rate it will secure the respective
Tights of labor and capital; and third,
the supply of money being always com
mensurate with the wants of business,
it will effectually protect the nation
from financial revulsions.
To make this currency a true repre
sentative of property, the Safety Fund i
must issue its money only in exchange
for mortgages secured by double the
amount of productive landed estate.
The money ought not to be issued on
perishable property, nor on the credit
of individuals, because such property
might be destroyed, or the individuals
become bankrupt, when the money
would cease to be a representative and
become worthless, except for the guar
antee of the government, ami the los
would fall upon the nation. The money
then, when put in circulation, will rep
resent and be secured by the first half
of productive property, and the interest
upon the mortgages will be secured by
a portion of the yearly products or in
come of the property. The Safety
Fund will issue its money, bearing n
interest, for the mortgages learing n
terest. We have shown that money tt
maintain its value must not only repre
rent property, but must always Ih capa
ble of being loaned for a uniform in
come. It is therefore necessary to pro
vide not only for the issue but also for
the funding of the money. No govern
ment can regulate the value of money
unless it provides means for funding it;
this being the only way in which the in
terest upon it can be kept uniform.
.The first of the following obligations
will be the money of the institution;
the second will be a note bearing inter
est for the funding of the money:
No. Money. Dated '
The United States will pay to bearer fire
hundred dollars in a Safety Fund .Vote, on
demand, at the Safety Fund Office in the
No. Safety Fund Note. Dated-
One yearjrom the first day of May next,
or at any time thereafter, the 1'nitcd State
will pay to .1..B., or order, in the city of
fire hundred dollars; and until
such payment is made, will pay inttrest
thereon on the first day of May in each
year at the rate of one per cent per annum.
The money will bear no interest, but
may always be exchanged for the Safety
fund Notes, which will bear interest.
Those who may not wish to purchase
property or pay debts with their money,
can always loan it to the institution for
a Safety Fund Note, bearing an inter
est of one per cent per annum. There
fore the money will always be good; fru
it will be the legal tender for debts and
property, and can always le invested
to produce an income.
The money being loaned at one and
one-tenth per cent, and the Safety Fund
Notes bearing but one per cent, the dif
ference of one-tenth per cent in the in
terest will induce owners of money to
lend to individuals, and thus pre vein
continual issuing and funding of money
by the Institution.
The Safety Fund Notes are made pay
able a year after date, to prevent the
unnecessary trouble of funding money
for short periods. It is not probable
that the Institution will issue Notes for
a less amount than $500. People liv
ing small amounts will seldom wish to
fund them. They will loan to indiv id
uals or purchase property. If, how
ever, it be -deemed advisable to fund
small amounts, they may be received,
and credited in a small" book, as the
savings banks, and the interest paid
upon these credits as upon Safety 1 und
Having given an outline and brief ex
planation of the proposed system of
currency, we will proceed to show that
the money jssued by the Safety Fund
will possess all tho properties, and 1?
capable of performing all the functions
of money, Wo have said in our de
scription of money that it must Ih a
representative of property.- The Safety
Fund money being based on product1
landed estate to double its amount, w'il
be an undoubted representative of pro
perty. Second, money must have hw
er to accumulate. The provision made
by the Safety Fund for funding th
money will secure an income beyond
all contingency. Third, it muthave
power to measure value.The Safety Fur.d
money will not only posses this power
equally with coins, but it will possess
the additional quality of being a uni
form and perfect measure. By estab
lishing a uniform rate of interest, tin
dollar will be of invariable value, and
cannot be made to fluctuate more ii
the measure of property than the yard
stick in the measure of cloth.
Fourth, it must have power . to
exchange value. Being instituted
by the general government as the
legal tender, and its income power
established, all persons will i com
pelled to receive it in exchange for pro
perty and labor. We have elsewhere
shown that any portable substance pos
sessing these properties will im money.
The Safety Fund money will possess all
the properties adapted to its use a
money that belong to coins, ami can l
counted and carried with greater con
venience, and can be more easily trans
mitted from one section of the country
to another. The effect of its adoption
will be to annihilate all difference of
exchange between different commercial
points, or to reduce it to the merely
nominal expense of letter postage.
LTo be continued.
Rushing for the Wagon.
When the movement for an alliaucc
of the farmers of the country appeared
on the horizon no bigger than u mau's
hand, not a politician took the trouble
to look over his shoulder at the coining
storm. Now that the gathering cloud-
of discontent are sweeping over the
heavens with tho rapidity of a rav
horse, there is a rushing together of
politicians irom tho tour corners of the
and to bo the first to ride on the popu
ar wave. Bee.
The issue of bonds low-mir.rt
otherwise, simply means the manufac
ture of money ("iiat" in even rciH t t
that greenbacks would be hatj'for bank
ers to put in their vaults, and mighty
insurance company frauds to lay by, af
interest, in order that they may isu.
their own "exchange" to the people at
from 7 to 20 per cent interest . If the
amount of fiat bonds were issued as
nat' greenbacks, without interest, the
people would make the fortunes broad
cast that the land tiratcs nnu- m .ln
- - vw
the exclusion of productive-value iui-
Now Just Hold on, Hoys.
Now. boVS. lUSt hold nn ft mim'.
years loncer and you will nirnin !.,
good times. The republican bosse
paid out millions of dollars in buvin- tm
"floaters" to march them to the polls u
'blooks of five, "and of course thevh:ut
to make it all back and a small fortune
for each of them besides. The bleeding
process we are aware makes you sk-k;
but then lust, hold
years longer and don't tear your .shirts.
jtun mull me oosses wm give you i;ohI
times acrain. tacausn thv vr,t i.
re-elected to office. Don't you be alarmed
uuoui ineir Kiuing mo Hen that lays tin
golden egg. They will, to be Mire
squeeze her li-mi tn mkn imv .. ..
their forcing process may even make
her lay before the shell is on; they will
pluck her feathers until there aint v
pinfeather left; but remember boy
they have no intention of killing hr.
It will be hard on the hen ami touh on
you. but lUst prin mid u ...i?... ...
the next election comes around jut kcei
.v vn uiiu uiu same out way. b
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