THE FARMEKS' ALLIANCE: LINCOLN, NEB., SATURDAY, MA.K. 29, 1890. THE ALLIANCE. PUBLISHED EVERY SATURDAY MORNING. BY TILE ALLIAIfCE PUBLISHING CO. Lincoln, - Nebraska. .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." Emerson. 0 ' He who cannot reason is a fool, -z He who will not reason is a coward, He who dare not reason is a slave." EDITORIAL. Sheridan's Photograph. 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. REMOVAL OF THE ALLIANCE OFFICE. TnE Alliance office is removed to the 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 facilities for JOB PRINTING, 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 out. 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 can: '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 Alliance Insurance, 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 other. 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- ions. 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 CowinjJohnMcComb.Richard Williams, 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. The Difference. ; 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 met. 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, Wm. Hunt. 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 turer Ashby. 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 jobbers. 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 said: 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 Personality... 808,266.00 $2,468,997.00 The Position of Our Senators and Repre sentatives Correctly Defined. " Eye Witness " Knows What He is .Talking About. 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. Eye Witness. 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 him exactly: 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 Issue. SECTION I. 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 ' $500. $-00. The United States will pay to bearer fire hundred dollars in a Safety Fund .Vote, on demand, at the Safety Fund Office in the city of No. Safety Fund Note. Dated- $500. $500. 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 Notes. 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- ms. hxenange. 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