-THE FARMERS'- ALLIANCE, LINCOLN, NEB., THURSDAY, JULY 16, 1S9U-
12 A"iti(,
. 'iiNialt Beery eweardatb j
T3 AlXLAXOE TrBLtfBDTG fDo.
Odt.lltk aad Jl a.Ieas.a.
J. vaow ....
j.autoa.
Utter
.ButinttMMuiarer
the beauty of tbe lilliee
Cbrtot .wad born acros th ma,
XTia a glory la hi bosom
, , XiAtiraasf gures yon and me.
. Ln to vn to make men boly
f Let u strive to make them free.
Ease Cod It inarchirg tt
Julia Ford Sort.
T tnwui cleave to deaerts. '
X J power to him who power exerts."
. rvddy drop of manly blood
Barging tea outwight-" -.
, -iturton.
Ci who cannot reason If a fool.
Caw-bo will not reaaon I a coward,
Ta who dare not reasoa to a slave."
TO COXJUPONDEKT.
all botlne eoMuniesooB w
ajS'-iSir'lb.UaUon U. Wtor
LmMiUHn ob both iMm of the paper
- 2-t ? Very ion HHB.untcaU,
mtW naoiw-
ea5KSSSBBS
1U2 FARMERS' ALLIANCE
ITSLISHID WEKBXr AT
CCSMM 11TH AMD M TMSETi,
UNCOIJ, NEBRASKA, j
r: leadiks indepeksent
PAPER IN THE STATE.
J, EUKSOWS. Editor.
. U. THOMPSON, Business
Ma'gr.
"PVaaaatttte aad form-elrbt page. I even
aiua quarto. Larg.Wtaklr paper pub
MhodlaNtbratk.
CtatsWt la Iwrr Dpar1mn(.
-Advertising Bat mad knows oa appUea
Uoa. ,
tatrfpOta, fill per aniuin 4nvarlaMy la
AantnM.
CUiiiSTti. Wn aooual t nbacrtptlon 15.00.
TarUatodiag club at abort mi 7 nAA (in
fleaubrlptlanatlubrte.-
priziu:.:..
fhaAuJAaca one rear and Looking
Backward pett paid II 60
Ubor and Capital I 0
- Canar's Colaao 1 50
- - Our KtpabUean
' Moearehy .140
Cuiblag' Manual .
paper evert ... 1 M
Cloth eovtr ISO
" - Whither are we
Drifting Its
a. - . . vmitb'i Migrant
. ' ' Bod Buitt I 8$
".'' Brie' Financial
.f t; Catechism.'.... ita
- - Bakers Money Mo
Bopoir.. 1
BicberdlCrowB ... 1M
abort bocks for m. at tbia oflee and
ntawetpaidoD receipt of price aa folJowat
ItaatdBf Baekward JO.t.
Cwar'a Celaaw............ soeta.
laora4 Capital ..net.
harCepab!ieaaMoBaibf ...rscta.
CstillMmal, rapereeren Bom.
" Cloth coren Kcta.
TCil naaraai aod nt'iea Oct.
vn&fteraie w Driftla... II SO.
CMaeH naaaeiaJ Cateebiaa aocta.
fMr'aKooer Hoaopolf ..(Seta.
d'o crown , ..... toctt.
'AddraM MUMCI fUB. CO.. Imcom, Hit. '
Czl for People's Independent
State Convention.
The People'a Independent Tarty will
meet in convention by Its regularly ap
pointed delegates, ' J , i
Tuesday August 18th, 1891, at
HASTiact, NEBRASKA.
at 4 o'clock p. m., for the purpose of
placing in nomination one candidate
lor aaaociate . juatica or tue supremo
court, and two candidates for Regents
of the State University, and to transact
ay other business that may properly
come before the convention. The ratio
of representation in the state conven
tioa will be one delegate for every one
aaadred votes or major fraction thereof.
cast for lion. John H. Powers for
governor in 1860. Counties will be
entitled to representation m follows
Alan
Antoiopa
15 Jofantoa
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1
The state eouiitt would riH't(ut
Vrewttiatead that eeua'y eoaveatbaa
tat Uw eWctUta f daiBfrt m t the stale
wave oU.a U na Saturday, Augua'
IV aad that Ike primaries for the
tuaotiiMi f de'eaus la tfcs tauatf ea
vWte ht tUJ Wt tha hswredtag 1
;y, art amageataiie hsva avt at
mit haa saade t hwU thaw at bar
4C,t,
It tlrte tiuisaUte wtmM a!t tv
lj.crrM !tt h-fsshNi b awiusd,
V-U' -l tit Mo;.r pfewet to pr
Itfaot Us fall tete 4 their dsle
C-.-J;. i mi tt. KLAKtV
I hm Rtatet'ta Vom
: C.1t:c:tVs.Xt3.
TO 0VM FKJSXDS. AXDALL FMIIXDS
or the norurs cmxk.
: W iavi the attention of our friends
this week to the ew premlom which
we offer for the largest list of subtcri
bers sent in by one person by January
1st, 1882.
Th r.kh value of tbia premium is
1180 and of the second premies: is 130.
The Institution by which this tuition.
board and room rent is to be furnished
is one of the leadiog educational lnstitu
lions of the state. Most of onr readers
re familiar with it through' advertise
meats and notices in our psper.
To young people who are struggling
for an education this premium offers a
ran . opportunity to secure a year's in
structlos, wit board aad room, at the
merely aomicalexpemM of a little labor,
List of names can be sent at any
time; but persons intending to compete
for the premium should so inform us, so
that the lists received can be properly
credited
We request ouMrieads and friends
of the- independent causa to aid us
by calling the attention of young
people who might be benefited ty our
premium to our offer.
sx mors Humwts; to the
i moktq.igk mm
The dispatches of last Saturday morn
ing gave the shocking intelligence that
all persons bad been murdered at Ellis,
in Gsge county, a little station six
miles west of Beatrice. John Puter
baugh, aod bis wife and four children
were found dead, all being shot through
the bead.
The SiujQest developed the fact that
the wife and four children bad been
shot by Puterbaugb, who bad then shot
himself with the only remaining bullet
in the revolver. The inquest alio de
veloped the further probable fact that
Puterbaugb bad been impelled to the
deed by "despondency," whatever that
may be, caused by the fact that be was
financially embarrasseed, having a
mortgage coming due next fail for
$3,000 which he was unable to pay.
Every acquaintance speaks in the
highest terms of them, and they were
regarded as an exceptionally happy and
congenial family, The father was kind
and indulgent, the children and wife
proud in the possession of so good a
husband and father. The cause of tbe
set is attributable only to despondency
over financial matters.
"'Despondency" in such cases is an
expansive term. Of coarse it means in
sanity induced by tbe cause named.
Hera was a devoted and loving bus-
band and father, and a happy wife and
children. The husband is driven to
desperation and insanity ly tbe fear
that these loved, ones will be reduced
to penary and want by tbe enforced
payment of the debt for which he bad
pledged his farm. )
We need not criticize the terrible mis
take which prefers murder and suicide
a mad plunge into tbe unknown abyss
wbicb is only crossed in going, never
in returning to the loss of property.
But tbe canses that lead to the mistake
are legitimate subjects of inquiry. If
money was not tbe idol before which all
men bow if the loss of it, or tbe fail
ure to possess it, did not entail misery
and degradation upon deprived wives
and daughter ; if tbe deadly competl
Hon to which men are subjectlnc them'
selves did not render it almost impossl
ble for men of middle or advanced age
to retrieve broken fortunes if a finan
cial system which forces every man to
do business on a debt basis whether he
wants to or not, had no existence, as they
should have nonethe "despondency"
that makes such maniacs would seldom
or never occur. As it is this is only one
horror a little more horrible per
haps than usual but only one. Every
day tTtry day comes to us tbe stereo
typed phrase, "despondency caused by
financial embarrasiment," applied to
some poor suicide who is "swift to bo
hurled anywhere, anyuhtre, out of the
world." . : , -
, When will tbe infernal system that
eaforocs the erection of these headstones
to the rnortgnge liend be altered!
-Still Another.
On Sunday afternoon last, at the res
idence of his partner Mr, V, F. Hurras,
on the corner of PifteentL and E streets,
Mr. Marlon L. Uhl committed suicide
by shooting himself in the temple. No
Inqamt was tsld, which wt consider
wrong. AH such cases should be in
vestigated, and the motive and caune
ascertained if possible.
This Is a mysterious case. There ap
pear no adequate motive for the act.
Mr, Vhl's domestic relation art said to
have been happy, and hi financial sf-
f sirs in good condition. Facts may t
develop a Men will clear up the mys
tery. I.ovt, la some of its pbatet, or
money, tr U, aft the onlj causes of
H'Siic rjitsnvtm.
Says the Mi
' The ownsra of private lator are,
by IberoaJiiUiB. alui(Mt rvoi)wnrt to
um their storage bu.tdiBfs as uUW
wartttout, or build others fur that
fm-l. Tketffvetef the taw, there
m, U pract.'rally to make all (levators
VfUSo n ttr'y tit the tstsut that ihjr
a. wt rUe the arala ef the frtttf
wium ti rlwiHSiWa aad store lt up
o ttve Mul.ikaiuitd mi ia it a
list
Thetiteal l the fot't niUtatra
I Ufc aptt IH tutrt S4MF taly tual
W4 by its dtMtre U ssUlead, lilt is so
Ski to ;f-ttu tkt f srwsrs sNmuI tkt
aw wtrkitt law wby dues i aH
tU1h 11 titirsf lis reader raa pi b
ably t twlt.d arwa i puk tk la
fufwttWala waive lky t ijcU.ly
ta:srtd. At lviAiBfmlt!efa
ifrtpvfcffe twptny, Ike Uw slwp!ytrctRitatiiiitrhiMiy polttJ.
r'fv.lltt tki H !te!t tr wMt ( grt
houses which store grain for pay shall
be public warehouses.
Now tbe fact which the Set might
easily a certain if it would take tbe
trouble la, that a very small proportion
of the elevators of this state store grain
for pay; and tbe revenue derived from
that source is so inconsiderable that few
can afford to do so. So the turning of
elevators into public warehouses is pure
ly a voluntary matter. As to the ability
of tbe farmers to hold their grain for
better prices, we do not tee that the new
law has made any difference.. The law
was introduced and pushed to its pas
sage by the commercial and banking in
teres-, not by tbe farming interest. We
are not aware that tbe grain speculators
and bankers have all at once become so
disinterestedly anxious for tbe welfare
of the poor farmer that they would go
to making laws solely for philanthropic
purpose Tbe law will be found to be
a banker's law, and tbe great purpose
of its passage was to secure an addition
al and desirable form of collateral upon
which they might loan money, Inotber
words, it is a very nice scheme for bank
er farming.
"LISTE.Y AT d ruOL.
This Is what the able "managing edi
tor" of the Bet says:
"Tbe total sum of money on deposit
in tbe banks of Neoraika exceeds 30,
500,000. It is in excess of 147 per cap
ita. Tbe per capita of tbe total circu
lating medium, gold, silver and bank
treasury notes in the United fctatei, is
less than 124. In other words the peo
ple of Nebraska have twice as much
money In bank subject to check per cap
ita as tbe people of tbe entire union have
money for tbe transaction of business."
Tbe above conclusion we suppose is
the result of the returns from tbe con
fidential circular sent out from tbe Bet
office a short time ago. We have writ
ten about this subject of deposits in an
other place in this issue. But just think
of tbe gall of an editor who will soberly
make the above ttatement to his
readers.
THE IRISH UXD PURCHASE Bill ,
The passage of tbe above named bill
by the English parlament by the decisive
vote of one hundred and twenty-nine
majority out a of total vote of three
hundred, and twenty-one it a fact of
great interest at this time. Tbe prop
osition to issue money on land security,
or to loan money on land mortagages,
is met with a howl of derision by the
singbfstandard class. While this bowl
is going on, England, which we are ac
customed to think of as mosrgrown and
conservative in the last degree, comes
to tbe front with a land loan to enable
tbe poor tenants of Ireland to purchase
their holdings of the English landlords,
practically taking exactly the opposite
view from the gold bugs ol this country.
And while foreigners and foreign syn
dicates are absorbing: the lands of
America with a view to fasten the En
glish landlord system upon ut, En
gland by her parliament It taking ttept
to destroy the English landlord system
in Ireland.
The. land purchase bill It a tcbeme
for transferring a great portion of the
land in Ireland from itt present land
lords to its tenants and actual occupiert.
It proposes that the English government
shall advance the money needed to
buy out the landed estates, and shall al
low tbe tenants to purchase them by an
nual instalments.
In order to do this a fund amounting
to one hundred and and sixty-five mil
lions of dollars It provided from certain
sources of national revenue. The an
nual Instalment to be paid by the ten
ant will amount to less than the annual
rents he now pays; and by paying them
regularly he will in forty-nine years be
come the absolute owner of the land he
now tills. If, for instance, a tenant
bad been paying one hundred dollars a
year in rent, he will now pay an annual
instalment of eighty dollars for five
years, and only seventy dollars for the
remaining forty-four years, after which
time he will own tbe land.
The amounts paid in instalments will
be Invested in further purchases, so
that if the scheme is successful and pop
ular It will ultimately entirely wipe out
landlordism in Ireland, and transfer the
ownership of the soli to tbe occupiers
and users of it.
Inpayment for the land the present
owners are to receive government stock
bearing interest at tbe rate of two and
three quarters per cent, payable in not
less than thirty years; and this stock
may at any time be exchanged for con
sols. It is very Interesting to observe that
while such vacated statesmen aa John
James Ingalls are In progressive Amer
ica deujamlng against the government
doing anything for the people, and de
nouncing tbe progressive ideas of the
Alliance as auarcby, Kagland, with the
lead of such men as lion. Wtu. E. Glad
stone and Charles Stewart rsrnell, and
by tht vote of the liberal party It taking
such glgantia ttridet toward state so
clallam .
ay iXTiRSsma nwo Rm jiu-
cax co.v virru .vt'mxti
It hasdvlopd wlthla a few days
that on the Mh, the dale of the repubil
caa stall committee mettlBg, there was
Joint meeting ct la tUuiomtU. aud
rvpuUU-aa stsie vonMltts at the Ua
tola hotel. The attempt lo sgree upon
a butt ol union for the campaign assl
fill w failure Tht time wt about
evjually divided Utweca tuuutg tht
AlMaaee.and attemptttvadjuttro.wtkb
Utttr was w 'foajpllsaed after tkjds
tad Itlrhard's t4hrats had gva sava
"ksr a sct rlsf It a atoHrafalU
oitfdd tast Ibaf tr w va top. Both
Ids )uld la dsma'.asj Kosvwtttr, It
t tbffcid that It would be a good
tklag tetwme Multiplicity f Ailtaat
Hedtdatt
tr MO. l M.'.l-H "vu-d ta
at u be a ctaJidslt for Kuptaate
judge a grateful Nlr.i pvb.l woitid
J0BX JAXES IXCAllS.
J. J. Ingalls may be remembered at a
man from Kansas wom the people of
that state picked np last winter by his
coat collar and the seat of hit tinmen
tionablet and set .down outside of the ;
i acred domain of tbe doorkeeper of the
United States Steals. John Jamet was
always sensational. John Jamet was
always scheming to keep himself prom
inently In the retina of tbe public's optic
orb. It was shrewdly suspected that
the nervy and cboleri? gentleman from
Kansas bad a weather eye upon the
flesh-pott of the White House, auda
ciously Ignoring the tradition that no
Senator ever became President. If such
was his ambition In those dsys. it it evi
dent that be hat not surrendered it. He
it as industriously invading the public
vision at he ever wat. And be pJackily
fights tbe sentiment that condemned
him and the power that removed him
from tbe Senate. He has been, and
probably is still, on a starring tour of
tbe summer Chautauqua, where he airs
fau reactionary syntax in eloquent pe- j
riods, and let his imagination lure bim
towards the impossible hour when tbe
bands will be turned backwtrdt, "the
good old Anglo Saxon doctrine of root
bog or die" be apotheosized forever, and
John James, aad bis idolized trusts and
loan syndicates, be enthroned in the
templet of tbe nation.
In a late National Chautauqua at Glen
Echo, wherever that may be, Mr. In
gallt laid:
Hrar Is a growing sentiment In fsvor of
paternalism In this country; of tbe Govern,
meat dolnt verrthlDf and tbe people dolor
nothing. This Is diametrical!? oppossd to the
Idea of individualism, upon which Ibis Oov
eromest bad UB tiul.t, sod to tht good Anglo
taxoa doctrine of root, hog-, or die. It bat al
ways happened in ever oommualtr that the
weak werb nor numerous tbaa tbe itron(
tbit tht number of tbott who failed outnum
bered t'bote who succeeded, aad that tbe wise
the latelllvant. aad the tbourhtf ul were In tht
minority. We have bow a ntw school of po
litical philosophy that Is repudiating tbe Dtc
laratioo ef Independence and Is emlesvorlng
to overthrow tbu mt&lros of dtmocrtcy, and
to Insist that tbe race tbalJ not be for tbe swift
nor the battle to tbe strong; tbat tbe dlstino
tlon ordalntd by God among men shall be an
obliterated statute, so tbat Idienets tball
bring tbe tsms rsward as Industry and thrift;
tbat tbe Ignorant shall he as witeattbt learn
ed; tbat debts sbail be paid by sets of Con
grets; tbat money sbai be mid ss pltntiful
as tbe autumn leaves of tbe forett; tbat tax.
ation shall be abolished by Slate Lcgltlttnret,
snd that prosperity sball be forcibly dlstribut
ed equally among ail men."
Let us see how much of thit it troth
and fustian and bow much solid tense.
Mr. Ingalls says there 1st glowing senti
ment in favor of the government doing
everything and "the people" doing
nothing. Ne doubt when he uttered
tbat sentence Mr. Ingalls grouped in bit
mind all tbe progressive ideas which are
coming to rapidly to tbe front into one
hydra beaded monster which he must
destroy with hit unsurpassable rhetoric
Note, too, with what facility he sepa
rates "the government" from "the peo
ple." Tbat fatal facility of tbe pluto
cratic class with wbicb be trains it tbe
one thing that hat promoted the "Arrow
ing sentiment" of which he complaint.
But what is the truth? It it exactly
tbe opposite of what Mr. Ingalls states.
The complaint of the people is that the
plutocratic class, personified in trusts
and corporations, has usurped tbe peo
ple' function, and are to-day doing
everything and leaving nothing for the
people to do. They have absorbed tbe
people's highways, stolen tbe people's
land, and monopolized the issue of the
people's money; and the "growing sen
timent" which Mr. Ingalls proposes to
stem with Mrs. Partington's broom is
simply demanding that these functions
and all duties pertaining to them be re
stored to the people, through the peo
ple's government. The people now are
"doing nothing." The plutocrats are
doing ever thing. The "growing senti
ment" simply demands an exchange of
places. John Jamet' diagnosis of the
case is deplorably faulty.
'The good Anglo-Saxon doctrine ef
root hog or die. " This phrase, drovplng
from the Hps of a leading representative
of the plutocrats, expresses volumes. A
generation of men may, by laws enacted
by themselves, by combinations, or nny
oher easy means which greed may In
spire and power enable the:.; t'. achieve,
seize all the natural means of livelihood
the land, the forests, the mines, the
rivers, the modern sources of mechani
cal power, the money of the nation, and
so mould and hold these forces of na
ture and inventive genius, tdat all per
sons born after this seizure is accom
plished unust be beholden to them for
the opportunity to live, or plunge in
continently off from the edge of the
world. In this condition of tfrasrs "the
good Anglo-Saxon doctrine' apothe
osized by Mr. Ingalls would Had its most
potent and imprtsiive application. Un
der those clrcuRistancce the apborlsln
would be "root hog end die." Mr. In
galls knows, as well as any man living,
that the tendency of the past twenty
five years hat been exactly la the direc
tion we hate named- lit know that a
little farther ahead oa this road Is the
period after which trvry child bora to
"the people" w.U be born a pauper and
a slate, and caa only rhoote between
the toll of a slave aud iht brand of a
icbber. Thuugh roar, cot to tar vul
gar, as It Mr IngaUa' rhetoric, he did
not lultnd to be brutal. Bat analysed
aad laid barts:lireaUtrut significance
lath light of the usurpations til lH me-
ac-pollute and pluteratle cl, hi
thr-ugat It brutal la the last degree.
What la the f at la the growltg tin
tltueat" at applied to Individualism? It
It not what Mr, lbgi!t says. It is that
Me" people" are stkiag wider pppor-Utitt-lkal
Uy are kiag l larow
4 the nttrU'lUia and Uttltatloaa lu
posed upon them by plutocrat io pwrr,
aal Ihtt whsa Ue-'grvelegseatlmotl
kv evRtplalat tt reach truttua titer
Hi. wider rang tvf UtdUidual tf
tumeaa vt UK re
!- It am triaute ia tkt aMr tr
iravi btst wtst, is staled aad applied y
Ut Ugti's, ta.tdrt a ftl.thftnt la
strtdil ' isputUUtft tSse lev'ari!a
of Independence," the content'on of the
"growing sentiment" is tbat the pluto
crats have long since neutralized it, and
it it seeking to restore it,- Instead of
aiming to "forcibly distribute equality,"
iU contention U that equality baa beeBr wek. ago ' He
forcibly destroyed, and it is seeking to'
re-establish it Instead of endeavoring
to "overthrow tbe masimt of democ
racy," itt contention is that tbe pluto
crats have subverted true democracy,
and it it seeking to reconstruct it. In
stead of asking that money shall be made
aa plentiful as autumn leave, it only
asks tbat there shall be a sufficiency to
do the business of the country without
enforced debt, and tbat money shall
cease to be aa instrument of oppression
conferred by "tbe government" on a se
lect claas.
When Mr. Ingalli appeal to Ged in
support of plutocracy when he accuses
God of "ordaining distinctions among
men," be asserts the divine rights of
kings, bimself "repudiates the Declara
tion of Independence," and declares
Genesis to be a lie. "And God said,
let ut make man in our image, after
our likeness: go God
created maa in his own Image, in tbe
image of God created he him." No man
better than Mr. Ingalls knows tbat "dit-
tinctions" are earth-born not heaven-
made.
Mr. Ingalls' oration it a plea for tbe
existing order of things; the "growing
sentiment' uniformly against the ex
isting order of things. This sentiment
is the result o'a generation of persistent
educational effort. - Would it not be bet
ter for men of Mr. Ingalls' intellectual
power to acknowledge the need for a
change of systems, and aid in directing
tbe growing sentiment in tbe right
channels, rather than blindly challeng
ing the rights 1 1 the people and the truth
of their intuition's.
We may make another extract from
John James' Glen Echo speech next
week; meanwhile we may remark that
when the Kansas far met s set him out
side of the Senate's golden gates, they
apparently knew exactly what they
were doing.
REPVBIWAX STATE COMMITTEE.
The above eommittee met at Lincoln
on tbe evening of July 8. . .Tbeie was
quite a full attendance of members and
tome visiting statesmen among whom
we are Informed were C. H. Van Wyck,
Judge Cobb, J. L. Webster, Judge
Hamer and others.
The Bet had demanded that the com
mittee . adopt a resolution asking tbe
board of transportation to reduce rail
road rates.in order that the party might
be placed on the road to salvation.
The committee entirely ignored the
demand, not even discussing tbe ques
tion. This either proves that the Bee is
not in it, or that the committee cares
more for the roads than it does for the
party, wL'.ch latter is probably tbe fact.
The date of the state convention was
fixed at Sept. 24. Thit provet that tbe
committee it afraid to have the party
face the people in a long campaign
where tbe real issues can be discussed.
The Alliance came in for a, share of
consideration. Mr. Russell favored the
meeting of the committee five weeks
later so they could hear of tbe deser
tions from tbe Alliance ranks in all the
counties. Will not Mr. II. please bold
his breath until he hears of them.
Mr. Russell said they had twenty-six
Alliance people in bis county who
wanted to be sheriff, and he was en
couraging them.' We trust Alliance
men throughout the state will note this
pointer
juoge codd lavorea a late conven
tion. He is one of the candidates who
naturally don't want much time for dis
cussion A man named Haas claimed to be a
member of the Alliance, and proceeded
to give the committee tome very correct
and startling information as to the
membership of tbe society. He said it
contained ever 70,000 voting members.
He proceeded to denounce tbe society
in a manner which might be expected
of a renegade who would violate bis
word of honor.
John L. Webster, of Omaha, was
given the floor, and made aa old-time
soul stirring bloody-shirt stump speech.
But he got down to hard-pan when be
reached campaign finances. He said a
campaign could not be made without
money, and the money could not be
raised In this state; and intimated that
It might be necessary to go to tbe na
tional committee to raise the money to
carry on a republican campaign io an
off year in Nebraska. Tbe hopelessneis
of the republican case 1 well shown by
these admissions. Comment Is unne-
f"ary- .
lonnny vtatson, tne man woo wai
traitor to Richards, helped trade hit
party to the democrats, and accepted
an appointment from Sttamu O'Byd,
is still chairman of tbe republican state
committee, and Walt Seeley, tbe most
contemptible little railroad shyster la
the state, I still tt secretary.
John U Webster' conundrum wat,
"what It the party lor It It wat to sit by
and allow republicans to desert into tht
Alliance Tanks?" What, Indesdf Will
John kludly answer hit own quettWa.
(iov.Thaytr was conspicuous by hU
al'sente,
.tw .S AMS.
Wthave rvcelted a cotumoalcttloa
from North Plat-. criticising our wt
TMpoadta', who e ta acctutt of the
ratlteatlea rally ia Baaasr eouety, and
lclally objettlpf ta In fact thai lb
author tt that tivvu.l did ho! hit
am. Tht rtimWlUa I td
; "A member 1 1 the AUtaat, aad gifts
a other Ulorataikr-a aste It tmkr
thin. Rather lacoadsteul W s-iii'j
tr prist eoaimualcalioat without
ktu!i 'ih nam tt ikeir anther,
f W dir la My thai ett l!.oa
i II . A I llU Hta it a gvd maa
fvt Judge la tht nth dm., wMwuUut
kitaWd or toBteal. We de nt!
know thai I t would b a raadtdai. ht
d lot rvctU ht)tl irg t )! t It.
R0SSY BAMM0XD. THE BEE AXD
BAXE DEPOSITS.
Rossy Hammond comet to the rescue
lef the Omaha Bee in the "mutter of bank
deposit and money volume, to which
tayt,
ia his Fremont Tribune that "the Bet
proposes to particularly emphasize the
thowing of bank deposits in each coun
ty, at an infallible indicator of tht pros
perity of tht people Now tbia ia pt
what tbe Bet, in its confidential circu
lar, proposed to do. It ordered It cor
respondent! to "figure out tht amount of
money per capita in circulation, bated on
deposits and population.9 Now thit it
what we said conld cot be done. It
wat what Rossy Hammond says he did
do. He tayt be "figured ont that there
wat on deposit in the banks for every
man, women and child in Dodge county
on May 4th, 178 per capita." It will be
seen tbat Rossy hedges a little in this
statement. His first statement wat
tbat there wat r,.oney in circulation in
Dodge county to the amount of 170 per
capita, at shown by tbe depsitt on May
4th.
Now let ct extmine thit matter a lit
tle on the basis of tbe first statement,
and under the instructions of the man
aging editor of the Bte. What are de
posits? They are simply bank credits.
Their sum does not represent the sum
of money in circulation, but always a
vastly larger sum. A deposit may be
made in a bank, and tbe same money
be paid out and re-deposited a dozen
times tbe samp day. With each return
of tbe money to the bank the deposit
account it twelledi A merchant depos
its tbe sum of hit day't receipts, and
draws cbecki for bit day't paymentt!
The money actually remaining to bit
credit after tbe balance it itruck be
tween bis recelpti and payment! would
ibow the money he bad in the bank.
Out even that money may have been
checked out and re-deposited several
times in tbe day, each time swelling the
volume of deposits. So it will be seen
tbat deposits art not money. They are
only credits, and form no criterion of
either money in circulation or prosperi
ty of tbe people.
Let us accept Rossy's and the Bee's
view for Dodge county, the state and
tbe United states, and tee how - much
money we have in circulation. These
figures, understand, are the amount of
money in the country, "figured out on
tbe basis of deposits and population,"
$70 per capita in Dodge county being
the batit. Tbe amount for Dodge
county would be 11,463,700. Tbe
amount for the state of Nebraska would
be 180,477,100. Tbe amount for the
United States would be $4,650,000,000,
assuming the population to be 00,000,
000. Now the total amount of money
of all kindt claimed to be in existence
In this country by tbe United States
treasury department it about 11,600,
000,000, and of this only about hall is in
actual circulation.
Calling tbls paper "tbe boss calamity
organ of tbe state" it neither fact or
argument; and the day it past when the
farmer! of the state can be hoodooed
by the shallow fallacies of Rossy Ham
mond and the
RAILROAD FORECLOSURES.
Railroad foreclosures are heavier for
the first six months of 1691 than for any
half year since 1880, and in '86 tbe first
half of tbe year gave a mileage of 5103
miles and stock and bonded debt on
foreclosed railroads of $202,620,000.
This is nearly twice the present aggre
gate for 1801, which is but 3,500 miles
and $106,533,000 in stock and bonded
debt. In '80 these sales for the year
reached $374 209,700, the heaviest on
record, and exceeding the total of 1878,
which was $311,632,000. The Railway
Age says that tbe last half of the
year shows more winding up" of roads
than the first. If it will consult its own
files, wo do not think it will find this
the cae. It was not so in '80, and, un
less we are mistaken, has not generally
been so. The receiverships appointed
within tbe last six months cov.r six
teen roads, with 1,513 miles of track and
$30,204,000 of capital. This Is a larger
number tbaa in 'f6, when the new re
ceiverships for the first half year were
on seven roads, with 1,284 miles and
$45,316,000 of capital. These were fol
lowed by sales of 2,500 miles of road
and $83,000,000 of capital. It is not
likely that the foreoloiure of the year
will be on capital of over $150,000,000.
These facts constitute the strongest
possible argument In favor of govern
ment ownership and control of rail
roads. Tbe enormous profits of con
structlon tempt projectors to build un
profitable Hoes. Then the temptation
to stock watering Is well-nigh Irresis
tible, and hence it often results that
the t!.eriff Intervenes In the interest of
the bondholders. Under government
ownership then would be no parallel
ing ef lines, do speculation and no
stock Jobbing pre tide alt Thirty yeart
tgu llixncw Urvcley tald tbat every
well located aod h-t!y operated rail
road la tbe I'nlted Stale would pay a
fair dividend on itt cost, and that wat
true thea and I tru bow.
FAtSX mi'MtS.
The aew debt itt.ea.eat due ant fur
nUh Information 10 the rnltr after
knowledge of tht got eratntat't Baaa
rial roadttoa tad tl dvet hot 111 tht
truth.
It It laiptiaiM Intu the aw Ktm lo
lU ttttrtly what lb irtury oatte
for tht pay weal ol the pul.Jie obllga
Hot. Front the o d tuitaat eat
eeuld ll i a glsae tht aawutttef
cash rMvit4 for Rd pttrpe, la
the aew suitatttl 'he alal:Ut4 mutt
Had the fnt tht b-', at he raa,
and aa apvl U mod to kt ItuagUt'
lia by pilailag t palpai'ly ttU baltare
la hi, h favwd it pe, -la
lb My t'.i Mr rtr d-
tlsrtd hi Bet eah V-aUm to be $ J.I..
14. ',1. It lt Ja llWt tht Btl
IksUave appetrs to I- t'4,tMH4, ted
tbt isost' Mttu whvl hais
to be $1.3,6H809. This it deception of
tbe grossest kind.
Mr. Foster absolutely omits to ac
count for matured debt, accrued inte
rest and interest due and unpaid, but es
timating that amount at 16,000.000. a
.very modest estimate, there are aecrped
liabilities of tbe government to be
picked out of this blind statement,
amounting to $154,340,752. So that if
Mr. Foster showy and boastfully black
figures were replaced with truthful nu
meral tbe document would demon
strate a deficiency of $446,803, instead
of a surplus.
There ha been no mistake concern
ing tbe result of the billion dollar ex
travagance. XQT 0XIY, THE HIVE BUT THK
BLOOD.
Down in Kansas the money sharks
are utilizing every imaginable scheme
to beat the husbandmen out of every
cent they possess. Handicapped ly
poor crops the past few years, unable to
make a decent living owing to tbe ua
equal policy of the country, the farmers
of Kansas have struggled against a tide
not possible to stem, and the money cor
morasts besiege tbem like buzzard
about a putrid carcass. This year there
ii prospect of a very good crop, and the
mortgage fiendi propose to reap a rich
harvest if they can succeed In bull-dozing
their creditors. Not satisfied with
skinning their subject! tbey now pro
pose to lap tbe blood, no doubt believ
ing tbe old adage that tbe "tail goes
goes with the bide." Following is a cir
cular issued by the Guarantee Invest
ment Co. to farmers of - Shawnee and
adjoining counties. Read it and draw
your own conclusions:
Tjib GcABASTY Investment Co.,
D. M. DAVIS, RECEIVER.
Atchison, Kan., June 1, 1801.
Mr. , Mankato, Kan.
Dear Sir: In your loan, Kacssa Ne.
704, we are still without any payment
as to the delinquency, and as we are
about commencing foreclosure proceed
ings, make you this offer, that if you
will give us a chattel mortgage on ooe
thira of tbe crops, we will defer
commencing suit until after harvest,
otherwise foreclosure will be imme
diately commenced, and we will also
ask for tbe appointment of a receiver to
et the benefit of the crops tbl year,
et me have immediate answer.
Your truly, DVM; Davis.Receiver.
tT Say's John L.' Webster, "republi
canism is hanging on to Nebraska by
the eyebrows," and he wants tbe nation
al committee appealed to for money.
It looks now as though the national
committee may have other places for
ail tbe loose cash It has Ohio for
stance.
in-
To one Chabley H. "A pieeon la
the band is worth a Dart rid tre in the
bush."
tjrTalk about fiat money : what la
the "intrinsic value" of 100 nickelat
About 70 cents, you say. Then if tbe
100 nickels are only worth 70 cents.
there must be about $4.80 flat, eh! A
little sense in the argument will at least
flavor the sentiment.
June Statement of Mb .National Debt.
Tbe monthly statement of the national
debt to tbe close of business on -June
80, shows tbe following condition:
Interest-bearing debt, exclusive of bonds-
issued to Pacific railroads as stated.
below:
i'.i per cent loan
Of 18)1,
t 60,869,2W
559,566,000
4!4peroent loan
oflo7,
4H per cent rt-
iundlng certifi
cate!, S3.0.H)
$613,5-9,120 00
1,814,706 26
Debt on which lntereit has
ceased tlm-e maturity,
Debt bearing no Interest:
Lefral tender
note-, $316,681,016 GO
Old dem'nd notes
65,(147 60
National bank
notet (redemp
tion account)
Fractional cur
rency, 40,01f,M8 a
0,907,679 60
- $393,002,735 35,
Total dtbt, $l,0O5,tl06,5O ei
Certificates and treatury notet oltnet by aa
equal amount of cash In the treatury:
Goid certificates ia
tbe treasury, 131,601,030
Gold certificates in
circulation, iau.W0,:t)
$15S.45e,4S.
Blirer certificates in
tbe treatury $7,351,0.17
Silver wrtlfi i-atft in
circulation, 307,3m, Its
t4,T15,l.
Currency certlfl
eti, 11,0,(00
Currency cert I Il
eal io cirs'latlo $:i.,)0
I,7W 0U
Treatury cottt of
.'90 in lb Treat's l,:a,JJ
Treatury notes of
tj inelrju.ailon 40 Ul.U5
l--JJ,4.t
aHU,l'.lUl
CMhlathttretturyi
Cow, $:jmim;i t
tlivtf, , JtW.KI.KS 14
rper, Ti.tC.a ttt
PitiBtlt, BtiBs!
Ik depvtitt,
t7W41l
tttt .d eertit
. $IU,iW.tt
Utttt,ttfni
'. in.iii4t
UM th-mury
rt S-wtea, JB.tW.u IM
lea tiMtuiy
tt a,tt.Tti a,
skttst,
f w
, i I! .24 n a
kM.WHJ t
IMw) ft
ifite- Mfcr Me
tAt,. 4
f th .
Bftt.n,
&ti wa-4.t h tmit i,Mta
r"'- ttwttM.M. totstuu ee
tM.4iMitrvUa4aulit4ai4 LS.Tut Hv
ItUHtt y t ail. 4 Mtairt
. at ttit, t it w.
,sx t
akia Ua4 taJ, $u ha t
jtt rtiMtuk, !.
- M,W .
Tht ua K.e ia th i I.
WwbjMlWjHlSit Ua t wateatto
UttlkUy,
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