THE FARMERS' ALLIANCE, LINCOLN, NEB., THURSDAY, JUNE 11, 18 1. CABHEBS' OPINIONS. t Financial and Cora mere ial Situation. TVere hat beea a troeg effort made ty tfcon who desire to conceal the truth, to Lit ob sobm theory that the farmer Kt carry Into effect, to ftem the tide cf Ciylock rale. They tell u to iarae boai ob oar hornet to eastern capital late ia order to dig Irrigation ditchea Cat we might be aure of a large crop, tat tSkty aeem te forget that they told na t a jrear a-o that it wa over production Cat wae hurting na. "Too much com, i all." Another teUa ua it la the i mortgage that ia hurting us and at ' the same time our United States senator aSer stinging his great mind to bear on Uaabject declares that 'the farm mort Cfe ia an Indication of prosperity.' TV hen they come at ua loaded with aucb stuff they roust admit that one half of it la Iks; and we will be as liberal as they an and admit the other half to be lies aleo. "The farmer is extravagant and bwy every thing he needs, " criea the favored few. .Yes, and you pay ten times mora for what you don't need than he atae to support himself, family and tola farm. Their talk la not to explain the issues of the day but to conceal them. When we ask them what the O. O. P. is doing for , n "WhytheT put down the Rebellion,', They freed the niggers." Yea, I n memuer, A bra ham Lincoln was a good republican but be is dead. James A. Garneld waa a good republican but he ia dead and all the good republicans are . dead. The farmers can see a hole , , through a ladder sometimes and I be j Ueve that time is at hand. We realize r.S the fact that we are too much deendent n the east in what wo produce and in what we consume. We send our fat stock across the Missouri river and get It back dressed and cured. Our wheat la frequently shipped cast and flour bought of eastern milla. Our grain and TBgetables are sent east to be converted Into other articles and then returned. Wo pay all the commissions and the freight both ways, beside it give no labor where it justly belongs, where the greatest amount of raw material used m produced. There should be no need of shipping our raw material abroad. Wa have coal of the best quality at hand anficlent and to spare. We are within s few days drive of the sheep and cattle plains that supply largely the Chicago market and are in the district that ships hogs both east and west. We are where straw it raised in abundauce but goes a barging for want of a paper mill. Where vegetables grow majestic and traato their fragance on the desert air and yet It profltetb ui nothing. - Sow I apprehend the reason the nec essary mill, factories, etc., . are not erected here is because there can be more money made by loaning money than In investing it in any legitimate business Every person having capital to Invest aeeka to invest it where be can obtain tha greatest returns, and he finds that mill, factories and general mer chandise makes about 10 per cent on the ameunt invested and money loaning makes about 80 per cent on the invest ment. He who does not come west for his health invests at once in a bank. Do we blame the man in this? No, we are aaarly all built that way but we do blame the laws and especially the law-makers that they induce men to leave the bene ficial Hoes cf trails to ek n liveiic' nay, great gain,, by assisting to make moaey an article of merchandise instead of leaving it a medium of exchange. It I la the ower of the government and it is it duty not the banks to treat money and regulate the value , thereof and it should create it in suffi dent qnantity to supply the commercial needsol this country Just as much as it should create in sufficient quantity post age stamps to supply the postal needs of every part of this country. Money U to commerce what the blood is to the body. As money increases, commerce increase; a blood increase! the body increases, but when the body ia formed and the blood is decreased the body "JV nd so when commerce is formed and money decreased, commerce dies also. The government has made this country commercial by demanding in paymeat oj taxes and all revenues money, not our corn or even our wheat. We have the commerce in abundance, pw give us the money, without such high duties and the Lord will give us the increase. . Thos. M. Clabk. forth Platte, Neb., May 85. Ml. People's Party Prospects. ? Gilmore, June 2, 1891. EDITOE FARMERS' AtUANCE: With thousands of other; I wish to tender my congratulations to the Indefatigable Independents for the glorious achieve menu ana hnal outcome of the great viocinnau coaiereice; the result cf which I have looked forward to hope fully and yet fearfully, since the great and unparalleled political upheaval and revolution of last fall. Not only i the result what I have looked forward to since that time, but tt is the achievement of which for years I have considered the only road to gov ernmental reform the amalgamation of all the great agricultural, Industrial and labor reform associations and or gaaiaations in a great political party. The harmony and Dual outcome of the Cincinnati conference was more jtaan I dared to hope for. I beileve it mark an epoch in the h'.s:ory of the world, act! with proper gubUnct ami steerage, i see bo reason why the new part ha not at least even chances with Ua old parties ia the election of IW1, For the present I see but one threat ening danger ahead, or what would t a danger, and I believe sutrUlal If fol lowed out, and that Is a one ikied tight Jnl the oM paries, or periu'tuag such to b md, tuarethe disintegration of the old greenback, party 1 bave been allied with the democratic party, part of the time publishing and sd.ting a detuoeraic pa per, but (Turing tat tin e 1 have Uan able to see no actual dtteranie between the two old partita natil the tariff que. tUm was sprung, and even that wa mora a diSereucoof Juttsjing than of srt4pte or good laUaliua Jf 1 eoaid say anything that would or er. 'J errve i if ua! rulu i. would tttil.Mt the old panW as cowinoa C -sof th r . ami a -- t the control and rttln. X , r - -r, M lbs uoi ,t ike cor t 1 -J cfft'iii plundvrwr vt " f wsdfth, and ttr eir i i ;..gii sad tteuiiu- i . ti- I trk a rval dtui!a f it.il :t !".. I i j Iff n'f' tow rviri ' . ( tie rUknl 1 )V WweuU say ff'a nsarty r ' -Ulaek rt- Tmtt kt? aJsowa tnN t:a ! talkiw nmm rf aiu(o- tt'LSi ILL I f 11 - -7' for either of the old parties that the new party may not be affected by the charge that it is a recruiting station for one of them, and I see no reason why it doesnt stand an equal chknee in the coding presidential election. On the whole the platform is a re markable presentation of needed politi cal reforms and predication of political problems, particularly so considering the multifarious nature of the great conference that brought it forth. While there is not all there I would like to have seen for IMi. and a part of one plank I would have left out, yet is sufficient even if the national conven tion a year hence ahould m&ke no changes, as it doubtless will. Success to the people's party In 1893. Kespectfully, 8.M. Korku.. The Dollar of Our Daddies. Wilber, Neb., June 5, 1891. Editor Farmers' Alliance: Deem ing the question of finance of primary Importance, above all other Issue, I wish to write a few articles upon the money question naving given the sub ject a study of years with the hope that some less informed reader on the subject may get some Information from it upon a subject which, in political econ omy is of paramount importance, and which until lately was less understood by the masses than any other subject affecting them. Ia writing about money or finance, to get a clear idea of money we need to know, first: its origin; next, itsfunctlou. Origin The origin of a medium of exchange, or something which would perform the function of money in buying and selling, is lost In prehis toric time. Before history commenced to be written, all nations seem to hnve had some medium of exchange (each one its own kind ). In some instance it was oxen, sheep and other animals, and In others metals in bulk; later when scales were invented, the metal were weighed, and later stamped, until, when monarchies were established.each mon arch stamped his metals (later with their j own image.) and Issued edict or law, i fixing the weight or denomination of the coin thus made. Mow, let us ana lyze: What made these metal into money? Nothing else but the flat of the monarch tb hat or law cresting the money being the first attribute of sov ereignty, and since the first imprint of the first monarch of whatever name, making money of any kind, until our day, there never existed one single far thing of money that was not flat money. The fiat law or. "so it shall be" being the creative power which endow money with the power to liquidate debt. Take the law or fiat away from any money, metallic or other, and It be come merchandise and no matter what the imprint is, it will sell for the metal in it merely. As a proof of the truth of the above, I cite to you the instance of our own money. Too minting laws of the United States provided for coining a silver dollar of 412, grains of silver, 9-10th tine, which was a unit of our coin?, and which remained in all the intimate transactions as the Dollar of our Daddies for seventy-two years, until in 1873, it was demonetized and during all these year 413 grains of silver was always considered as the unit, and gold was accomodated to it by being made lighter or heavier as the two metals seemed to get apart. In 1873. a coin was authorized called the trade do'lar, having 420 grains (In stead of 411 grains,) and it was done oecause a Japanese coin was oi mat weight, thus to facilitate trade with Japan, and it only paid one dollar the wa demonetized, it fell to 80 cents and the standard kept at 100 cent. iours, s. j. h. Jubilating Over the Cincinnati Conference. Alliances No. 1134, and No. 1153, held a jubilee at Chester over the success of the Cincinnati conference. There were ten or twelve new members taken in and after the usual business was over, they adjourned to a well spread table, by the farmers wives, to which ample justice was done. A general good time was had. Norman Cowdin. County Lecturer of Alliance. Representative Riley Endorsed. The following resolutions were passed by Rosemont Alliance No. 937: Whereas, Our worthv president and representative. Austin tliley, did work earnestly and was loyal to the cause of right and justice U the 32nd session of the Nebraska legislature to which he was chosen, therefore be it Resolved, That we heartily extend our thanks to him for faithfully discharging his duties, and his noble efforts in our behalf. Resolutions of Condolence. Whereas, It has pleased the Almighty to take from our midst our brother 11. C. Armstrong, one of the most earnest workers in the Alliance cause, one of our mcst trustworthy men and best of neighbors. Therefore be it Resolred, By Armstrong Alliance, No. 1005, that we extend to the family our most sincere sympathy ia this their sad bereavement. President Polk on the New Party. Proe reitlve Farmer, Ka!elh. N. C. The questiou, what will the Alliance do with the new party? is on the i!ps of tens of thousands of anxious people to-day, , Well, it ought not to take much wisdom to answer thc question. The uew party has adopted the Alliance demands Into Its platform. Does any one lupoie that intelligent Alliance men will vote against a party that adopt those demands and la favor of a party that cot only fails t adopt, but rotUia those demands? The western Alliance state have already genu Into the new party. Will not the neeawity tut AUlauce unity force the other Alli ance states to go into the new party ato? We see no way to prevent tti new party from saeelng the country, ict the cheerful ob of conceding to the people entry one of their Jut de mand. If the Alliance men are to be 1.1 in wl for eolee liitj the new trir then a hungry child ran be blaine i fcr and will lirnth him f!. (ivntWmen old partiea, If the tl.ne corn's who tour task shall be broken, tour trail ers overthrow a and your heritage taken (runt jou, do not blame the Alliance fur tettyruUu l be people rvprwMHirl by 1M larmerv' AMuei hae itUIm4 and Ujfd and pita 4 aid prayvil lor rUaf feti ttt ftarti as it the Mtignty mUa of pviulral powef r.vMurn4 Uitn m and tuelr ptUkvn at4 pranr Do at blame 'twas far jnur ettrtlirow. but tiaase youf n bllud and alterable folly. , Ab ImimoIm OpuiMM, "1 a-1m it im myevatWtioathat rtaM hit ',tLi Ai'tl aha labor ire wots darkvtt In i4 KephUte al this Nkur th m4 ehatttl 'vry la D a d w it haughtuHi eitprtmaey " 4ikr j m lb ukrtur uf r,i.ui. 4 I a h gr.ef w(,)diatiMU . AtiaNt -1- Macvia, Speech of Senator PetTer Delivered at the Great Cinciccnati Con. ference, Mar tg, iSgt. r Thinking that The Alliaxck reaJcr are Interested in everything that oc curred at the great Cincinnati meeting, and especially in the great speeches made there, we shall reproduce most of them in these column.. Ignatius Don nly's address was published last week. We print this week Senator Peffer's speech, delivered on the evening of May 19, the day before action was taken on a new party in the convention: "You peopie of Cincinnati seem to have been taken by storm, but the treatment which you are receiving is just such as the laborer always gives to people who treat him well. You ask why we are here? We come a har bingers of a revolution that we expect wilt bring healthful changes In our pub lic affairs; that will dethrone money and re-establish the authority of the people. This movement is not one of destruction; it is one for creation. Ap plause. It is not for the purpose of tearing down but for the purpose of buildiug up; not to destroy the wealth of the rich, but to restore to labor its just reward. It may grate harshly on some ears when the statement that this meeting, which is now being held in your beautiful city, is the moat import ant that has beeu held in the United States since congress met in July about thirty years ago. That was a meet iog of men charged with ptovid inganarmy, and otherwise preparing f jr a great war, a war that was long and cruel, fought with musketry, with saber, shot and shell, and with every available weapon -of destruction and every conceivable device of brutality which the genius of military science could invent or suggest. But this, as you see I a peaceful meeting. We come with the star-spangled banner as our (lag, and singing the song "Ameri ca," a tune that has been banded down and and a song with it, from our ances tors. We come not to provide an army to kill, slay and destroy, but to pave the way lor a host of freemen with arras such as the highest and purest stages of friendly peace can suggest, an army that, when brought up into battle line will strike blows with their tongues, draw blood with their pens, anrwin victories with their ballots. But what is the reason of our com ing? What influence lies behind this majestic moving of the masses' Is this the work of men demented? If so, then indeed half the world his gone mad. Two hundred and seventy years bare we been toiling in this country. We have conquered the wilderness, peo pled the solitudes and civilized the con tinent. We have removed forests, opened highways, established com merce und builded a nation that leai- all the rest in agriculture and in oianfactjrts, with half the railroad mileage of the entire world, and with an internal trado which, measured either in dollars or in tons, exceeds the foreign commerce of any bait dozen countries. Yet with all that we have done, with all the glo rious records of these American work ers, we find that to-day our profit are diminished; we find that our wants are multiplying and our profits divided. Our ancient prerogatives have been wrested from us. Our statesmen are drifting away from the people, and we had trsat tLe masses are going grad ually in one direction, downward, while the classes are going in another direc tion, upward. In the beginning 05 per cent of our people lived on farms, and farmers owned 05 per cent of all the property in the country. Now 40 per cent of our people live in towns and cities. Farm ers and their helpers constitute about 45 per cent of the total population of the country. One half of their farms are under mortgage and for more than they would sell for under the hammer to morrow, and less than 250,000 people own practically more than 50 per cent of the of the entire wealth of the coun try. Those of you who can see the pla card on the other side of this hall will read a volume: "xrxE million mort gaged homes. It is charged that men and women belonging to what we in the west call the people's party are ut terly unable to deliver one short address without quoting the word mortgage. The superintendent of our census, after the congress of the country had been goaded into action, bos unaiiy given us that damning record. Nine million mortgages upon American homes. The men and women who builded this coun try, the men and women who in justice owned this country, are to-dav under the weight of a debt that is absolutely im09siote for them to relieve them selves of under ordinary conditions.and yet we are denounced because we call your attention to it. There are town ships eve, counties, you men oi tne east in the western states not only in one, but in a dozen, where every foot of land in town and ountrry is under mort gage. I know you will say to me,"Wbo is to blame for it?" I am not discussing that. Who is to blame lor it? it my friend goes home to his family and finds his child, his boy, the idol of his heart, sick unto death, dtics he grasp the boy roughly and say, Staud up, sir; you have been imprudent, you have beeu eating this, ana you have beeu eating that, aud it is your intemperance that has brought you here." is that tho way a father teaches his boy or in structs him or treats him? No. no. He jeud Billy or Tommy or Peter or Jim my to fetch the physician, and when he com, it 1 ' Hoctor, can my child be saved?" That is the first thing to save the child, not to destroy htm. We will discus the matter of the propriety or impropriety of hi course after the boy is saved. The freemen of this country are en titled to the homes that they have made All tboy akis to be allowed time lu which to pay their debt and save their home. lon't you remember. Mr. 1'retident.and all you ladies aud gentle men who are lUtening to me so atten tively don't you remember thr was a (la.a when the bead cf the fjjil'.y. If he became Utolved In trouble, would advert! bis estate, diipoe of It, and, aellng upon the advice cf Horace (ireo- ley, tin wett and grow up with tUe ! country. Hut you have patted mat ilm. Ion ii t ago. I ran ruwmtrr, lung ajo, when I wa a boy, no blggt-r than this little fellow who I i:iui.- to me, tht Ohio wis called the l kwmd. up ia PwiteiyWanU where I lived. Novi, la the west, where we lire, wbn a nraa tecvoi rmrrd asd would otter his bum to hi emi'itur. and wouM r k a aw iot-atUa, he bud the puuite Uad s uipd aud butitM ia tho hiatitbrvktrtidbikmaci4 roi purations auiwut auattMf, t Attain yea say, It t had ttiatigftneai hhi H part l ! Urwivs ; It was eareleM, tt waathtftWws 4 he 4nt iaow aa'itBif a! Ituancve sajrway Let at give vwt aa sampW of the at iim thiwwii nnaurivr wh.i know a treat deal about money I MVa the aigrr tf our ra.rrnad !, are '.rw4, krgvito, irWr- twdd--l t (V( ,ti lutl l.ld line ayou aaiierwaAd feiaweua- oiU t out taklrcMid 1kt t at 1 thi lour ril at four tun mvfi tkaa they are worth. Our railroad In Kan sas, and we have as good as any in Ohio, and a good men to ride in them, and we pay our war the railroad in Kansas are assessed at IVJ,000,000 for purposes of taxation; they are capital ized at t456.0u0.000, eight times a much. The farmer when he appears on the tax roll it is for tltiS.OuO.ouO, asd even Mr. Porter puts our indebtedness at 1150, 000. 000. or 119,000,000 less than we are worth, while the railroads are eight times more than they are worth. So our farmers are good financiers if the railroad men are. Now, take the At chison, Topeka & Santa Fe company as an Illustration. They became embar rassed a short while ago like some of us have, but instead of the world say ing, "You got into this trouble through mismanagement;" instead of the direc tors asking the stockholders how they happened to get into trouble and what was the best way out, they simply made a proposition and enforced it, to scale down their interest from 7 per cent to 4 per cent, put the bonds npon the mar ket, and to-day are sailing under a new organization. Give us 4 per cent money and we would then save anywhere from 16 to 20 per cent. We are paying from 10 to 40 per cent as Mr. Porter tells us. Last summer when I looked into the faces of farmers and their wives and asked them, "What rate are you paying for the use of money on long time?" and they would answer me all the way from 12 to 24 per cent; I asked, "what rate are you paying for the use of money on short time loans with chattel mortgages as security." and they would answer from 24 to 73 per cent. So you see we have Christians In Kansas as well as in Massachusetts. The whole trouble with the people is debt. Money has control of our business. Money presides over the destinies of this republic that we have builded. Money controls our pol itics. It manipulates parties and dictates politcies. It controls our legislation. It colors our judi cial decisions. Money is king in this country, and, like a king, It parcels out its patrouag j to leaders of clans, re lying on them for support in time of need, and the leaders of clans stand at the head of parties and their vassals are the voters. We, the people, have come to the conclusion that It is time for this fuedalism to cease. W e propose to re store the authority of the people. We propose to place the government of the country in the bauds of its rightful in heritors, the people. This movement then docs not mean the wiping out of existence of existing forms of government or any of the pres ent usages of society that are not built up and sustained by the money power. W hat we do mean is that the people shall rule, as they have a light to that is all. And how are we going to bring this thing about? Last summer in Kansas the poor fellows that were raised from the people would gather, coming across the praries , thirty or forty miles, to hear us talk the new gospel of salvation. You had some Scripture quoted to you to-night already, I believe; but I tell you this movement is the pure salvation it is the salvation from the money power. What are you going to do with the money power? He are going to let it alone. We are going to raise up a power among the people. We will make our own money and use it. Take their money? No. But we will make our own. Take their railroads? No, we will build our own. In the city of Washington at this hour the street rail road stock is rated not selling, becaase it is not being sold at an, but rated at from 800 to 500 per cent, and yet it was purchased at from 20 to 50 per cent. They are charging five cents a ride when they could make money at one cent a ride. Some day, when our folks get control, and it wont be long boys, we will put the railroads in the hands of the people or we will build new ones. There is no use, men (if America to mince matters longer. To destroy? No To fight? Yes. And light with ballots; tignt witn songs suca as these men have sung here to-night, and that we are teaching our children to 6ing and pray under the influence of this new gospel. This Alliance movement is taking the place in-a large measure of the churches. We open oyr meetings with prayer to the Great i ather, and if any man" men tions the Father's name irreverently he is labored with and cast into outer dark ness until he repents in sackcloth and ashes and gives the password at the door. A new party? Why certainly. What do you suppose we are here for? What do you suppose this movement among the people means? Why, my republican friends, and I hnve lots of them, they say to me, "Why Peffer yon were al ways a strong republican Ain't you afraid the course you and your people are pursuiug will result in placing the Democratic party in power?" I have two answers to that; the first h, it is not any of our business whether the Democratic party comes into power or not; the other answer is this-, My dear old friend. I love you for the good you did. If you really fear the incom ing of the democracy; if you would rather take forty doses of quinine in two hours and a half than to address the President as a democrat, there is one easy way out of the ditliculty you just turn in with us. and wo wot leave a grease spot of Democracy by the time you and we go for them together. Then you can go and tell your wives and neighbors. "We killed the bear." I ben you understand that this move ment among the people means the sav ing cf their homes, it dees not mean repudiation; it means payment. But there is this about it. good friends: you know as well I do, for you are reading men. that the average rate of interest on the profits of labor in this and other countries does not exceed an average of three per cent a year, and yet we are paying from ten to forty per cent we have beeu, but we have quit it; e can't pv It, that I the reason; we dou't do it now; we have aked for a parley. It bss got to be a saying. "I have joined the Alliance and quit." But that It all a mistake. We are net repudiation We waul to m our debts, but It i ab solutely ltiiKiMe for men to pay cut on a trn t forty per ceut rate wheu thry are taken tn at a one to thrte p r vent hat ant to do is lor tae indus trial force of this country, the farmer. tie uiet haiiH'. the tradrtiuaa. the arti san and ail c!m- tf worker hand worker or bruin wntktr. say man or soy wnuan-anJ we ate taking tl. women with u don't I Urmd at thai, sen men of Ohio. W hv lvs out et and tbry are it a gd a wear. It may sound a Utile snaog but lh old iriigr-tiod hlet them taught the p p' a Wo sMit twenty year ago- IVy admitted natiien Into their tvuoe'.! The AUianco admitted tDttti lnt their fouuelU, fta4 tht i one of lb om ally im movement i gv tag oh with the v im that It I. Wren vm tik-mk a woi thlttirs le rh.i tboy lol4 at It UTrojr. 1 t'e let all of . ry ua wbmm iok adds anything to lb wuk ( .he futiutrr, or Hi the (.' ef lb peopie, tut; n this niovtU'W!, w.ta limine lowstu , but II, Cither m ti u eo nW.i-g You;iUlr . tiawnmuies i rsi.ruaa ar "ill ltfc.ii i . tW er.i fndii ot, aorta mt,0 lor th- purpoie oi thwarriUia ar v!brlg fevjtag trUte a the r plr, tb er will tm Ike bU ,hl a ehlld bt i U.t tny Kutd be worth ur that .m kusbiM tnm ti mfdt, , 'IhiaWvo wtn ifce tM I? tpvo hi nam wUl be -I'eofJt fartf. ' Ua tK ta.iW-Ai'.f. The Tariff Hoodoo. The herculean efforts of the two old parties to make the tariff an issue of 18U3 to the exclusion of all others has so far proved a flat failure. One hundred years of discussion in regard to this question is quite enough when other and more important question are challeng ing the attention of the people. Never again will farmers be drawn into a po litical campaign where the tariff is the only issue until the question cf land, transportation and money have been disposed of. No amount of political demagogy can force the people into it. Politicians, please take nouce. Econo mist. A Southern Paper Speaks. With all the experience f the past behind him and the character of the American politician before him, the man who preaches industrial reform and ad vocates seeking it through the agency of the so called great political parties of the dav, is a man who will bear watch ing. He may be dull of intellect and therefore wanting in sagacity, and as such as houest in his profession as the day is long, but under no other circum stance cau he be exempt from suspicion of being not what he pretends to be. It is safer always to look for him as a wolf in sheep'sclothing. Rural Home, Wilson N.C. . A Little Prophecy. It will go into history that the Alliance, or farmer and laborer's union of Ameri ca became the redeemer of a fast decay ing and sinking nation. The men who are now so blind as to oppose the Al liance, will soon learn that an unseen hand guided the tillers and the toilers for the purpose of saving a republic which is yet to revolutionize the world. We may pass through a deep and dark struggle, but the American idea is so stroug with the members of the Alliance that whatever may be the character of the coming issue, we will come out in love with the stars and stripes Labor' t Tribune. Legislative Effect on Money. Both the old party organs, by way of argument against the Alliance demands, say "you can't legislate money into the people's pockets. This is considered a a squelcher, and as such unanswerable Instead of this proposition being true, it is absolutely false, misleading. There was never a dollar in the pocket of any individual that did not get there pri marily through an act of legislation. What makes money? Legislation. What takes it out of the national treas ury, where it must first go when first made? Legislation. Where does it go when taken from the treasury? Into the pockets of the people when in abund ance, into the vaults of the banks when scarce. National Economist. Prohibition and the People's Party. A large majority of the conference were earnestly in favor of prohibition, but as earnestly opposed as a matter of policy to making any declaration upon the subject at this time. A simple reso lution in favor of prohibition was lost by one vote in the committee. The same resolution introduced into the confer ence was defeated not on its. merits but on the ground of expediency. This writer is always and everywhere a pro hibitionist, but he feels that question should net have been pushed at this con ference, and when it was so pushed that its defeat was for the best. An extended acquaintance and observation convinces ns that the prominent leaders cr pro hibition are not with our organization. In the great labor contest they are e- sentlaliy plutocratic, and they were in Cincinnati solely to induce more suc cessful organizers than they have proven to be to carry forward a work which they have failed to accomplish. If these men, grand and noble in many respects, are with us in the struggle for "eaual and exact justice to nil, let them come down lrom their lotty perch and take the band of common labor in our con test against the power of money to op press, and then labor will enact pronibi tion as an economic and sanitary, as well as moral measure, and what is more, labor will honestly and faithfully enforce the enactment. Dakota Ruraiut The Railroads of Nebraska. The publication of the report made by the state board of equalization once more calls attention to the railroads ef Nebraska. It appears there are 5,418 miles of rail road in the state, and their assessed valu ation averages $5,401 per mile, making a total valuation of J29,285,017. Two questions are suggested by these figures. First, are the railroads dodging their just share of taxes? Second, doe tho tax valuation of the railroads throw any light on the real valuation of railroads upon which they should be allowed to earn protits? These questions go to gether. The World Herald has always contend ed that the railroads were over capital ized, and the figures taken from the as sessor's bock, compared with the stock books and bond books cf the roads, re veal a discrepancy that cannot be har monized. Let us make a comparison for Instance; Tlie Chicago. Burlington & tjtiincv railroad is a system embracing 5,140 miles of line, which is almost equai to the total mileage of the railroads taxed in Nebraka. i'bls Chicago, Burlington & Quincy system, with Its 5,140 ml!vs is rapitali.ed'a follow: stork t 7rt.3tO.ftOO Bund l0fi,Cr4 .,,'S Total llM.8aH.Ms Ia other word tbe 5, HO miles t f the Burlington vtiu are capitalized for nenrly seven times as much as tbe 0,41 mile of Nebraska railroads are taved o. an! o( course the pit runs of the ' ii" ttiteui are paying ttulits on over m ! time a much rapitalliiatioa as the rail roadt tl Netraika wlia tquai mileage pay tax on. tk another system, that cf the t hi cairo, MUa. M- l'ul railroad. It stock ck!s trtrt.umiwi and it bonded debt txeeed tr.' O.m.tmn mak ing a tola) rapltalliat.oa t l ltMHU'i, hsttis total mileage I a!iuoi rtact:y whUhare iwimiI at ! .ban I w.vou.. , W ' tor ivtpurp. It will thus U Mf 8 ttul VfOO mile cf r Iroad are rtk warty JWMw,w abatis for clung frlht rt. let thy are er:h K than isu,ow),w) when It eotMM t ilt g U. Tat it a tat dt..l.i. :nt. F.rtry body shirk but tl I palpably wrong ! permit lh railroad to outdo itao rt ot I eoiwniiiiiT ia ini r Iowa's People's Party. IOWA INDEPENDENTS MEET IN STATE CONVENTION. Nominate a Full State Ticket and Pre pare to Win. Governor A. J. Wet tfaU, Monona o. Lieut.-Jov. Walter Boon, Appaoote Co. Bute Supi. C. W. Bean, Buena Vista Co. K. B. Cotn'r.-D. . Boe era, Dallas Co. Supreme Judge. J. U Willis, Psge Co. The Hawkeye independents met in state convention at Des Moines on June 3. with 350 delegates strong, present. The majority of the delegates were bronzed and bearded and bore evidence of close familiarity with the plow han dles.' There was a sprinkling of miners and merchants. The decorations and mottoes in the ball were profuse. Promptly at 10 o'clock, N. H. Bow man of Pottawattamie, chairman of the temporary central committtee, ad vanced to the platform and calling the house to order named J. E. Anderson of Winnebago, for temporary chairman. Mr. Anderson stepped forward and ad dressed the convention at some length. In closing his remarks be asked this questieB: "Where is the country that George Washington established?" "Mortgaged," shouted an enthusias tic delegate amid wild applause. After electing other oflicers and ap pointing a committee on resolutions, of which J. B. Weaver was made chair man, considerable time was spent in speech-making. The convention was over running with enthusiasm and good humor. At a few minutes before 5 o'clock, Chairman Eobb, of the committee on resolutions appeared and announced that the committee bad unanimously agreed on aplntfoimof principles. when the convention fairly went wild with joy. The platform which was adopted without a dissenting vote, reads as fol lows: The people's party in the state of Io.va in convention assembled, view with alarm the continued encroachment of confederated monopolies and trusts on the rights of the people, and are firmly convinced of ths inability of the old parties to meet the issues which are forced upon us. A vicious system of class legislation and moneyed oli garchy most aangerous to me nguis and liberties of the people.is fast under mining the foundation of our civil government which must rest upon the equality and intelligence of all. We hereby hesrtily ratify and con firm the movement inaugurated at the Cincinnati conference ct May 19, 18'Jl, and the wise and patriotic platform oi principles there adopted. Concerning questions of local slate concern we de clare: That we condemn the action of our executive council for the refusal to in crease tho railroad assessment to an average equal to that of fa: m and other property, anu amrm tnai smu assess ments to be equitable and just should at present be at least 880,000,000, and that the legislature should provide by strin gent law for such assessment. That we demand the establishment in our state of the Australian ballot sys tem. We denounce the action of tbe Twen- tv-secona and Twenty-third general as semblies for defeating the Australian bal otbul: for incorporating tne con tract clause in the miners screen bill; for the defeat of the 2-cent fare bill, the uniform school bok bill; and the bill for the taxation of mortgages, all of which measures we endorse and advo cate. ' We sympathize with the miners of Iowa in their struggles for the eight- hour day, and pledge them our support for the repeal oi tne contract clause in the screen bill and the abolition of the truck store system.and demand weekly pay for the miner. We f vor a uniform system of school books for the entire state, the books to be furnished by the state at cost to the pupils. We censure the leaders of the repub lican and democratic parties for the constant efforts to reopen the temper ance question in this state to the exclu sion ot the grave economic questions which now confront our people. We fayor a judicious service pension law and demand additional compensa tion equivalent equal to the disparity between the currency paid to our union soldiers and that of gold at the time of ! nnvnipnt. In m-antinir uensiona there should be no discrimination on account of rank. The creation of private corporations for pecuniary profit we believe to be contrary to moral law and in violation of sound public policy, and we there fore demand that our next legislature shall pravide for the investigation of our present system of private corpor ations with a view to their ultimate sup pression as soon as it can be done with safety to the business interests. Nominations for state oflicers having been reached, A. J. Westfall of Monona county, was nominated by acclamation. He Is a prohibitionist, a woman suf fragist and a greenbacker. Last year be was the third party nominee for con gress in the Eleventh district, where he made a tremendous canvass, visiting all the farms he could beginning at day break and not stopping until the rural population had retired for the night, lie is a tireless worker. His work in the Eleventh district proved dlsantrous to the democrats. He drew nearly 5,000 farme r' votes, which resulted In the election of the republican candidate by 1,00 plurality. The balance of the nominations were made as indicated at tbe head of this article. Speeches by candidates and others followed and the convention ad journed with a rousing cheer for the ticket. REPUBLICAN SILVER LAW. COINAGE Currency Increase Less than a Nickel a Month Under the Present Sil ver Law, Lucius Gois In Chicago Express. I have been tickling the question of silver coinage, as provided for under tho present law, to find out how much inllatlonof the currency would result were Its operations extended without hindrance over a period of ten years. Icocftss to being much surprised at the story told by the figures. I have based my calculations on a population of UJ.O.'-.'.ijO people at midsummer of 190; and I also estimate an annual in crease of 1,246.041), which is the average annual Increase of population since tbe jear 1S0. Tbe law provides for the purchase of 4,500,000 tine ounces of silver each month. If this were coined into stan dard silver dollars it would be so dis posed of only after 500,000 ounces of alloy had been added thereto, making 5,000,000 ounces of standard fineness equivalent to $5,818,181) in hard cash, or in silver certificates. This sum being added to tbe currency each month will amount to tO(J,bl8,20 per year. There are exceptions to this statement, which, for argument's sake, will not be noted just now. In ten years' time, under the operation of tbe present silver law, not less than fii'j.i.tiwj would appear to be added to the currency of the coun try, ia silver dollars, or their equiva lent, silver certificates. When ths silver bill was passed it was claimed that the currency of all sorts in existence in this country (but not all in circulation by any mean) amounted to ttl per capita, which claim I will admit for the sake of argument. Since tnat time the population of the country has b;en constantly increasing, and by July 1, 1891, a year's increase will have been added. Let the 6ilver bill have full . play for ten years; and by that time ten years of annnal increase will have been aded to the population since the time when it was claimed we had $22 per capita of currency. Now my dear reader, if you will read slowly yu will catch an idea which will set you to thinking. This ten years of increase of population which will be living in our land in tbe summer of 1900 will amount to 12,466.492 people. In estimating the per capita circulation it must be remembered that there will be over twelve millions of new people, so to speak, whose theoretical $22 per capita would require $274,262,890 of the entire amount issued under the ten years' operation of the law. In other words, it would take that much money to bring the new comers up even with the rest an issue of $22 being required for each individual. This amount being deducted from the entire issue would leave a balance of $423,919, 790 to be distributed theo retically, among the entire population in 1900 (the newcomers being now all "evened up") which will be not less than 75,088,745 inhabitants, if the same rate of increase takes place in the future as in tbe past. In all probability the rate of annual increase will be considerably greater. - How much increase per capita of cir culating medium do you think would result from a division of tbe balance above mentioned amonthe entire popu lation as estimated? Divide and see. No amount of juggling with paper and pencil will make a cent more than $5.61 inaeed, it is a trifle less. This is the sum and substance of the greatest pos sible silver inflation under the present law. To sum up the argument: Allowing tbe claim that there is now 5 per capi ta of currency in the country some- where, and estimating that population will increase no faster In the future than in the past, it is found that the opera tion of the present 6ilver law will give the people at the end ef ten years a per capita increase of 85.64, which is an average annual "in-tla-a-tion" ot 56 cents for each man, woman and child in the land, less than a nickel a month! J. B. Weaver on Campaign Issues. The question of free coinage is but a very small fraction of the great finan-' j cial issue presented by the Alliance movement. The abolition of the na- i tional bank sub-treasury system and the substitution of direct government loans 5 to the people at not more than 2 per 1 cent interest, government ownership or v control of railroads, reclamation of land grants in a word, tho great ques- tions of money, transportotion land and labor, in all of their breadth and magnitude, will engross public atten tion in the great political conflict of 1M)2 and it is now certain that neither the republican or democratic party will Im able to meet public expectation concerning these vital reforms. lotra Tribune. A Smart Man. Who wants to get good goods at rea-. sonable figures goes to the Sewing Ma chine Kmporium. Sewing machines, pianos and organ sold on monthly pay ment or long time, lit n tod and re paired, (lenuine needles, part and at tachment for all kind of machines. Don't waste time in looking around wo can suit you. Delivered f reo from one mwdl up. 'Phone No.-Vfl. 45 3m 123 North 14th St. Lincoln. Neb. NaW.lMPHOVeilAKi.CHKArK.HEt DeLAVEL "Mt Qui Sninte rM o Um ins, A.lr'l f Ik lrntnM of rrmnlu)ii ft artiin lb tnu It). I f!illri!t,u ul lh ilmry farmer tow luaurii- hi in alt U m (hat mar t IB k Mil:. ! Ih l'i!H n U(i l 11 war t ntt rrlk'alio. IM In a pf Ml Ih. ( Jlrl.l er er itnr " la uto, nti r"r I'Uilirr 1-rutair.t ''" Iii. .,n ! f Biarkvt lu Ilia ri iikr link nr (!. arl rrraw l artf Mf4 eotMkla letef , and tarvet tkuu luilk lur liouar kti d m. intttrif toirtwa atrlw CM-aftliKvaa attal Burily, lirral ! bt !((, Iwr, lc b4 MiU'fclnM trf Iim. durable, ia.m. Ut. Jf ,ll.t Bit rl (! ipPitrt k frxNIaWI tMiBt tf Iran i thirty' . IM Ma. I ifaHcit? no in.) ioo. tt He. f cMiti 10Q ., ), iueatia aaraai4. A fee Wnaitar kM ar Stawrwal )MtM Mi.ft ika "hal." tk HmA . P MM!, Th DeUul Separator Co., otaiatl. mimi ti im U CwttAM ti New Vk. I