The farmers' alliance. (Lincoln, Nebraska) 1889-1892, November 12, 1891, Image 4
THE FARMERS' ALLIANCE, LINCOLN, NEB., THURSDAY, NOT. 12, 1891. C: lamer' Alliance, Tn Aiiukc Pcbusiiixo Co. Cacllth Bad M Uula,K. BdMor . BuslnM Manager , Us beauty of the lilliea - -Chrtat wu bora acres the sea, With ft glory in his bosom ' That tranjgurea you and me. A he strove to make men ho!? Let us strive to make them free, Since God is marching on." ' ; t ' I Mia Wari Eta. Xanrel crowns dear to deserts. And power to him who power exert. "A ruddy drop af manly blood ' ;V The Barging aea outweighs.' Emerson. "He who cannot reason la a fool. Be who will not reason is a coward. Be who dare not reason to a slave. TO CORRESPONDENTS. AettraM all business erauBOiiioattoM to AJUuea Publishing-Co. .. Address nuur for publication to Editor yara era Aiiiaoco. Arikc writvw sta beta tides ef As paper nul VmW Inns MlfH In U nlAUlOllA. TBEFARMERS'ALLIANCE rCBLUBXD WIIftXT AT CORNER UTH AND M STREETS, r UNOOLlf, NEBRASKA. 9. BURROWS, Editor. J. If. THOMPSON. Business Ma'gr. Tat Brest Alliance Weekly u4 the leaJIna ,. ,. taMeeadeat Pater et the tlala. SEVEN COLUMN QUARTO. It wlU always be round on the side of the eoeie and wholly derated te tteadvoeaov of aefeiss principles in state and nation. IT IS YOUR PAPER. K-PLETE II EVERY DEPARTMENT. ftnbserlption, 11.00 per annum, invariably ta advance. Five annual subscriptions Si. 00. OUR I00K LIST. The best reform literature obtainable oan e had by ordering any of these books, The EaUway Prabltea (new) 8tlokney....$ 50 leaking Backward, Bellamy M r. Hvgvet, (new) Connelly,. u Ossein Co lump, , .,.,., , 60 A slentuci.y Colonel. Seed..... . so DrtvwnfromSeatofcVa, Post, to A Traasp la Society, Cowdrsy (0 Moharda Crown, Weaver...,.,. to Great Red Oregon. Woolfolfc to Mre's rinanelal Catechism. Brice to tooey Monopoly, Baker at labor and Capital, KeUotn , as Fctaire and John Sherman, Mrs, Todd ., tt ere. Financial Conspiracies... .loots.! The Hansard Circular, Heath.... 10" I a antes and Bread, Houer........io " J Oar Bepublioan Monarchy, Voldo fj Alltanos and labor Songster 10c, per dos 1 10 Mew Mmloedl'n, paper ocrer20o. " i oo " board M Ko, ,60 Tu iumih' Amuses one ysar and any set. book on our list for II .88, flame and any Stat book on our list for tt.le. Address all orders and mats aU remitt ances payable to . TUM AUUIAMOE PUBLISHING CO. ' ' - Uaao-lD, Nebnuka. ' C H. GERE, Editor of the State Journal, published a vile slander on J; Burrows, knowing it to be a slander, and then refused to publisk the letter of R R. Kandall proving Burrows' inno cence. ' ANNOUNCEMENT BY ALLIANCE I " STATE AGENT. The State Agent desires to announce that all the business heretofore conduct ed by him at the Alliance Store, corner of 11th and M streets, Lincoln, has been transferred to B. E. Ingraham & Co , who will continue the business at the same stand. The State Agent will con tlnue to purchase and furnish all classes of goods, on orders, at the very lowest prioen for which they oan be obtained, tor cash. " J; w. HARTLEY, f ' ' ' ' State Agent. MI,M''',1JM,,'M'1aaaaaaaai BOX. G. M LAEBERTSOJV AXD THE - If K IS K PASS BVSWBSS. f We last, week; unwittingly, as we learn from a perfectly reliable source, did Hon. G. M. Lambertson an injus tice In charging that he attacked the editor of this paper for using a free pass. Mr. Lambertson did not allude to tbe matter. It was a local orator named Stone who did us np. We hasten to make this reparation to Mr. Lambertson, who has always had our sincere respect, and regret that we made the unjust chargo. 3 n 1 ' We desire now to explain that the Mr. K.B. Randall, who obtained tbe pass, and whose letter has been pub lished, is not the C. H. Randall who was at one time employed in this office. K. R. Randall is an old railroad em ploye; C. H. Randall never had such employment, and is now in the U. S. postal service. ,- fW The Bee says that "here in Ne braska mediocrity was exemplified in the inderendent candidate for the su preme bench." The meaning of "me diocrity "may be " exemplified T in the republican candidate for the tion having more than half his decisions reversed. . A HOLD-BUG LIE. " The Assays: "The increase in the amount of money in circulation in the United States in the single month of October was over 130,000,000." , The bore is a lie. We defy the Bee to jMore it ttis?4;OQifc:l--y o ty Judge Hamer is thinking of doing a very foolish thing;,vviz! contesting the electioa. of S. A. Holcomb. Such s contest would probably develop con sMerable republican villainy and we tope the judge will push it. TEE UTS ELECTION AND ITS - : j. LESSON. " r i It is usually a thankless task to re tIaw irmmattiahla mlalaM If the in dependent party was a mere ephemeral creation of a dar. invoked for the pur poses of a local campaign, a review of the late electioa would be peculiarly needless and foolish. Bat such is net the case. No persons are worse mis taken than those who suppose that the partial defeat in Nebraska of last week will destroy the independent part. To be convinced of this they need only to reflect upon the character of the istiues and review the political history of the country. The issues are by no means local. Even the transportation question is only local in the branch of it relating: to local rates in Nebraska. Iu all Its broader aspect it is a national question. and his assuming broader aspects every year. It is an irrepressible issue. Tbe oeoDle demand Its solution, and the two old parties practically Ignore tbe da maud. The national independent movement is a response to that demand, among: others ; and the tern porary partial victory of the Nebratka railroad power win nave no more euect in staying; mat movement than did Mr. Partington's brojm in staving: the waves of the ocean. The money Question is another issue which is even more national in its char acter from the fact that the states hare no jurisdiction over It. This Issue is of the most vital moment to the welfare of all the people. Both tbe old parties Ignore tha people in their treatment of it, and pander to tbe money power, which they believe is potent in making; presidents. The great movement, In which three million farmers are banded in one society, had iu origin in this question more than all others com bined. Has the present Nebraska cam paign settled It? Has the success or failure of a few individual candidates any influence on this momentous issue? Will the people in Nebraska, or other states, cease their demands for tbe set tlement of this question cease their rebellion against the Injustice and poverty resulting from a false monetary system because J. VV. Edgerton was not elected supreme judge? Those who .., ... ... . , m , 17 f ?! .f teDa: cinUS fortitudfl of thn wnatura krannh clous fortitude of the western branch of the Anglo-Saxon race What does the political history of the last forty years what does all history teach us on this subject? That victory is the offspring of defeats that the highest joy must be born of the deepest sorrow that heaven can only be reached through a vale of tears? Forty years ago the question of slaverv was agitating this country. The Usue then was no more momentous than it is now The abolition party was the precursor of thd party that elected Lincoln. The annals of that time are stainod with the blood of its martyrs and clouded with the record of its defeats. The men who nominated Jas G, Birney at Philadel phia were sneered at and contemned. Lovejoywas mobbed and slain Wen dell runups was dragged in the streets of Boston with a halter around his nnck Wm. Lloyd Garrison was half starved wiiiie advocating tbe Eternal Truth in his Liberator John Brown was hunir at Charleston Fremont was defeated at the polls. There were two parties in those days, as there are now. Thev dodged the great issue then, as they are aotiging now, and they both went down before It as they will now. Blind indeed must be the man who does not see that history is repeating itself, and who cannot draw the true parallel between the history of those days and our own As the smoke of last week's battle lifts and loaves in view tbe dead, wounded and dying, we discover that A. M. Tost Is elected by about 8,00(J majority that the independents have gained substan tlal victories ia at least two-thirds of the counties, and have eleoted tnnm than halt of the district judges outside of Douglas county, and one regent of the university. Instead of defeat, this is a substantial victory. While we mourn the defeat of Edgerton as an irreparable disaster, we would by no means exchange the fruits of this elec tion In the counties and judicial districts for his success. At the same time his success would have seemed a greater victory, j But It would have been only seeming. Tne cause of Edgerton's defeat is the source of the since rest sorrow. The woids "over-confidence" tells the sad story. Every one every gas was sure of Edgerton's election. . Even our ene mies practically conceded it. The re sult of this over-confiience was an unpreeedentedly large "stay-at-home vote." Our friends argued. "O. wall Edgerton ia elected anyway; one vote will make no difference." and so failed to vote. The aggregate of these caused bis defeat. The withdrawal of Broady was a positive injury. Aside frdm a few of the leaders the democrats, when thev voted at all, voted for Post. This can be demonstrated in numerous cases. For Instance, in Gaire countv. Post's vote was 8,640, SUumway's, repub. can didate lor regent. 2.801, showing 320 democratic votes for Post. Edgerton's vote In Gage was 1,833, and D'Alle mand's 1,818, showing a difference of Only fifteen votes. If Judge Broadv had " f I accepted the nomination the fight wuld Vt a rpA vu.Mw Vint wAnsh 11 ... J " J I have been between him and Edgerton and the latter would have been elected without doubt. But with the election of either Nebraska would have been saved the mantle of shame, that now covers it. " ' ' A " , 1 So in the counties, wherever an affili ation with the democrats was apparent the Independent vote was the lightest. The independent defeat in Gsge county is probably the severest In the state. In - i Lancaster, bounty the ( democrat .bt thoir own fuofion: and Wtthnnt - r - - I ward, nominated several of the inde- 1 U W M W UU J J pendont candidates. These were all defeated, with the exception of Judge n Tibbetts. Tbe only other independent elected in this exraaty was opposed by regular republican and democratic nominees. The lesson of these facts is so obvious that he who runs ma read. "Keep in the middle of the road." Make no compromises, and have bo affiliation with either old party. Both are against us. Again we recur sadly to the defeat of Judge Leese. Lancaster countv has elected a railroad judge, and defeated the one champion of the people who was forced out of bis own part bv his fearfess opposition to the arrogance of railroad power. Uow be was defeated all men here know. One Parker, who bad no more hope of being elected than he has now of sprouting angel's wines. came out ai an independent-republican candidate. We cannot prove that he pocketed a fee from the B. & M. rail road to defeat Leese. There are many things that cannot be proven that everybody believes. This election will sift out from the in' dependent ranks most of those who have joined the movement because thev thought it would win. No man who has not joined it from principle will be of value to It. No man who has joined it from principle will desert it on ac count of a partial defeat. To all such we say, lift op your hearts! God is on your side, and the hosts of hell shall not prevail against you. Tbe principles of your party are grounded in truth and Justice, and are impregnable. Its issues are vital to the very existence of free institutions, and are lire oressi ble. The issies that cannot survive disaster are false issues the men who jro down be fore one partial defeat are unworthy the name of men. SECRETARY FOSTER ASD FREE COINAGE." Tbe above Is tha caption of an article in a late Bee. in which several of the false representations as to the effect of the free coinage of silver which consti tute the stock In trade of the gold bugs are repeated, and the fallacious argu menu of the men of Wall street re hashed. Never was there a more com pleto surrender to the money power than that of E. Rosewater. Never was mere a case ia wnicn a paper turned from the Pclples to ' . . . K r me championship of falsehood so en tirely as has the Omaha Bee. Says that paper: "The position of President Harrison has nev r been In doubt. He has taken every proper opportunity to let the country know that while favoTlna ablmetallloourrency he is uncamprnmlsingly opposed to a policy wbiob would debase the curretcy and estab. llsh tbe single silver standard. His doclara ration that every dollar issued by tbe govern ment, whether paper or coin, should be as rood as every other dollar, bas become the financial shibboleth of tbe republican party." Yes, it is fairly understood, we be lieve, that if the people of the United States through Its Congress, should pas a free coinage bill the president would Interpose an Imperial one man power, and veto the bill. In view of the fact that the time is near at hand when pres idential candidates are to be nominated, and in view of the other fact that the money power, represented by the bank ers and brokers ef Wall and Broad streets, have more Influence In making presidents than have the people them selves, Mr. Harrison has felt Impelled. In his great fear of a debased currency, to make this promisa of a veto. Mr. Harrison may be right. He wants to be re elected president. He bows abjectly to the power that makes presidents. In view of the existing facts, the talk of Mr. Harrison about "every dollar be ing as good as every other dollar" seems sarcastic. It has remained for his ad ministration to advocate and himself to sign a law providing for a bob-tailed dollar which will not pay a debt unless the cieditor agrees to take it. , For the first tlrao since the war a discreditable dollar of this kind has been Issued, and very properly by an administration which is fighting silver and exploiting gold money The Ben goes on to ftpplaud the course of Secretary Foster in regard to silver coinage as follows "He states an anaumtlnnahls trnth k. says that free coinage of silver would place the country on a silver basis, fluctuating with the market price of silver bullion. It Is equally troe that a stiver basis wouldfexoliifla tha sow . 000.000 of gold now in the o-untry from use as money, and that gold would largely go abroad to pay for the sliver that would be sent , f mm foreign oountrlcs. How great this drain upon our gold resaurces would be may be under stood from the statement of Secretary Foster that his investigations had led him to believe that there is in Europe more than 9200.(00,000 or saver, to saynothingof the amount In Mex. Ico and South American countries, a great part of which would oome to the United States as soon as the adootlon of free and unlimited coinage proclaimed to the nation that this government was ready to take their silver JSow let us briefly examine these statement! which the Omaha editor so strongly approves. The first sentonce ays in effect that a dellar coined out of silver would fluctuate with the price of silver bullion. Well, we have been coining, under the Bland law, until the late bullion act took effect, two million silver dollars per month. The bullion in that dollar has been fluctuating, having been worth from 75 to 83 cents on the dollar. Now we will thank the editor of the Bee to show us a single in- stance whore the dollar so coined has fluctuated to the extent of a single mill. There has not been a day nor an hour since the Bland law went into law vant tntst AfFtnl mhan W uwu VUV OU T da uuiiai fuum lx UUV the gold in the gold dollar, or when it . would not buy as much corn, wheat. beef or pork, or pay as much debt, as the gold dollar. Messrs. Foster and Rosewater sav that free coinage "would place the country on a silver basis." We have given a complete and sufficient answer to this absurd statement in another article on this page, entitled "The Gresham Law," to which we refer. It Is there shown how France maintained aw -aww buvxu uun av a nutv UIClUbMUCU the two metals practically at par for 63 .1 i 1 . .. , yeara simply by free and unlimited J u.wiyaj wj esuw OUU UlAlAlAllkCU coinage at a ratio fixed by law. This is a historical fact that cannot be refuted. In 1806 the population of the silver standard countries was 768 944,458; of the double standard countries 137.300. 000; of tbe gold standard countries 02, )0,000. It will be seen that at that time the populations using silver alone as money were nearly three and oae- naii times as great as those using either gold and silver together or gold alone. These fignres remain good to-day, as the silver standard countries have not changed. Therefore these silver stand ard countries must continue to draw from the world's supply of silver the amount needed to maintain their cur rencies. This fact alone precludes the possibility of this country going ton silver basis, unless we should volun tarily demonetize onr gold. In the minority report on the free coinsgi of silver, made to congress rebruary 10, 1886, it was estimated at that date, that the amount of money in the world was: Gold Silver : $351S.flnO000 , a.Tso.uuooo A total of,,.. $763000.0 0 Accordirg to Soetbier, the total stock oi money available to tbr commercial world outside of Asia at the close of 1835, was: Gold ,..I3.11,KK(I00 eilver i.sm.sM.ouo Total t5.m,m OnO With all this vast sua there is to be added, perhaps, not less than S3 000, 000,000 of paper money circulation. necessary for the conduct of the bus! ness of those nations. Assuming; that the United States is the owner of 81,030,000 000 of coined money, then the balance of the world, exclusive of Asia, has say t4.000.000 000 of coined gold and silver and $1,500,000, 000 of paper money. How much gold or silver can the other nations spare from their special requirements, in order to make this country a "dumping ground for their surplus? . Have they a surplus? As the United States treasury contains the bulk of the specie or mis country, it is fair to pre sume that the great banks ef Europe contain the bulk of the surplus specie of tbe rest of the world outside of Asia These groat Institutions hold of Ooid .; a sHfumnm oiivci 43.V0U0 00U Total specie. SL.mniinnm If they should dump all this silver into the United States, thev would thereby increase our specie currency less than 18 per capita. France is able to stagger under a load of over 188 specie per capita, and not onlv does not complain at having to carry the load, but adds S17per capita In paper money. France, as the editor of tho Bee will re member, does her business ou a cash basis, and her population is the happiest and most prosperous of any on the globe. But with her $55 per capita of money she has a commerce Insignificant as compared with the United States. Mr. Rosewater sneaks of gold coinff abroad " to pay for the silver that would be sent from foreign countries." Mr R. knows a thing or two, and among them he knows that under free coinage our mints would not buy an ounce of silver. Under our present system of bullion storage our gold maybe drained away, if the Secretary will redeem bul lion certificates with gold, But under free coinage we would simply coin the silver offered, and return the nninoH dollars to the owner of tbe bullion, and no purchase whatever w 0 aid be involved in tbe transaction. To show the present condition of the silver market, and how little orosDect there is of silvor beiag " dumped" here, simply to get rid of it, we give the fol lowing market re,ort from the Berlin Boersen 'titling of October 15. 1891 And we now respectfully Invite the Bee to controvert the facts and arguments of this article, and cease to disgust its readers with unsupported statements which are neither facs nor argument From the Berlin Boesen Zeltuntr. Receipt and expnrts of silver remain about average for tonMon, although India and the flrmltj. Ba(tlaM.ni.ubAiB MT1 n.t nm . . - ...... . .......... i..F.in.. UUJ VJW I lUi b 1 1 1 I JEi.uie OOlliD m: but Japan f ok tmuoo. Spain tl. 712,000. and Pnrtuval 413.(100. Stocks in uuiuiuu unvv tra-ii reauora practical 'y to ntl. and since the beginning rf the year the United 8tates bas logt through exports, consumption. ana Uovernment rurehaee in excess of pro- autumn, auuui uw.vv per mnn'n Tne posi tion In regard to India points to an early re sumpttrn of demand. No silver is on the way to India, ayatnet abouc 5.t)00 00" ounces last year., No silver i being carried in Indian mints, avalnet 6 000,000 ounoes last year. No eilver has been buught by Indian banks for lurwnro delivery, againsi large amounts thus contracted for last year. And, whtie money is lower In India, the oash balances at head offices there have declined m the Bank of Bengal to 310 lacD from 343 lacs last war and In the Uank of Bombay to 385 lacs from 485 lacs i lac of rupee s In one hundred thousand. DICTATORS AND BOSSES. Notwithstanding the election is over Air. Kosowater continues to print in his Bee his ridiculous twaddle about dicta ta'ors and bosses. The sublime impu- at ace oi tnis taiK irom a party that is notoriously under ft corporation dicta torship as unrelenting i as ever was known in the U. S is refreshing. And Rosewater of all men Is the most appro pii ite conduit through which to spue it on the people. His arrogance is such that he demanded the republican con vention should be postponed on his ac count, and assumed that the republican campaign was not begun until he opened his sinice gates of bUlingsgate at Colum- UUB. ' Mr. Burrows does net need to defend himself from the charge of bossism. Every independent knows how ridicu lous it is. No partv was ever so abso lutely free of bosses as the independent party is. Does Rosewater imagine that it is necessary to continue his abuse of Burrows and Edgerton in or der to achieve his ambition of being chairman of the Nebraska delegation to the national convention? He need not be uneasy. If the power that inflicted a Norval and a Post on this state sanc tions his aspirations, the party vtYEL have to submit, and he will get there. . And the party that can maintain even its present feeble minority existence under the incubi of a Mercer and a Roggen would hardly fool the addition of Rose water. . ... The strongest democratic counties gave Post his largest majorities. I" BUGLE BLAST FROM J. W. EDGERTON. " "Newer Surrender" Is the Word, : 'Ballots With Principles Back of Them" Our Only Reliance. Omaha, Neb.. Nor. 9, 1891. Editor or tub Alliakcb.: I desire through the columns of your paper to express my gratitude to the many friends throughout the state for the noble efforts made in the recent cam paiga. While the result is not what we may have desired there is Bothing to discourage the honest worker for re form. Let it be borne in mind that this is not a struggle for office. The indi vidua! should be forgotten, and onlv the great principles for which we con tend kept steadily in view. The. man who grows faint hearted at temporary defeat is a coward, and we have no room in our ranks for cowards. Let the armor be buckled tighter and the arm steeled for the final blow. The battle is on, and the great strong arm of labor is being lifted to shattor the letters that bind tbe toiling millions. The first rays of the glorious sunlight of truth is dispelling the darkness of prejudice and despair, and this mighty conflict will never end vntil civilization is lifed up to a higher plane. As we view the work of the enemy in the eampa'gn we find much to encour age us. While th independents fought for principle on the platform, tbe op position, who dare not meet the Issues. resorted to tactics that would cause the blush of shame te mount the cheek of CHand Duval or Dick Turpin. The R. R 's, as I am reliably Informed. not only sent out orders to work for my opponent, but threatened to dis charge employees in the event of my election. A number of loan agents and bankers endeavored to intimidate the voters by sending out circulars and let ters declaring that eastern monev would be withdrawn from tbe state and mortgages foreclosed in case of my election. The Personal Rights League was worked through its necretary, Kleutsch, who undertook for a consider ation to make tbe members of their or- ganization believe that the election of aa independent for supreme judge meant prohibition. In Omaha where I am known, some of my strongest supporters were leading uathoiics. while through the state I lost the Catholic vote by reason of false affi davits alleging that I was a member of the A. r. A. organization. Men were employed on a salary to travel the state and quietly vilify me and seenre the democratic vote. The Omaha Bee editorially gives the democrats the credit for my defeat, and says that I would have been elected bv fifty thousand majority had I received the democratic vote. If this be true what has become of the g. o. p? Everv democratic county in the state gave a republican majority, which shows that the corporations got m their work, and proves that the enemy are fighting in the last ditch. An examination of the returns will convince any one that thirty thousand independents were following the advice oi me enemy "stay at borne and tend to your crops and we will look after politics;" but the snip.ll price that will be paid for the bountiful crop that has been harvested, which is needed by the starving millions of other lands, will probably arouse the stay-at-homes to a sense of their duty. But another thing has been clearly demonstrated, and that is that the inde pendents have ft majority in the state, ana that tne republicans are mnv thousands weaker than last fall. Nearly the entire republican vote of the state was cast this fall, for every republican was aware of the importance of the fight, and the result shews the wretched weakness of tbe g. o. p. I desire to express my gratitude to the democratic leaders and press for their earnest but fruitless effort to hold their party in line against their old time enemy. Their work was worthy of better results. We have learned in this battle that we can only rely on ballots with principles behind them. Every toiler who desires reform must in the future do his duty. Lot the watch fires be kept burning, and the line of battle formed, no weakning, no faltering, but let every soldier do his duty, remem benng that the fight is for home and loved ones. Be true to yourselves. true to your country, and a grand and glorious victory will crown our efforts in 1W3. J . W . UDGKRTON. THE GRESHAM LAW. M jx o supposed principle has been so often misapplied as the so-called Gre sham law. This law is stated bv Sena tor Sherman, in his speech in the Senate on January 13th last, as follows: "If acv article is allowed to ha minoA which is cheaper than another the cheaper article wilt take the whole vol ume of the circulation, and thn dnnrsr article will either ba hoard nd htr th who value it higher, or be exported to other countries where- its use is de mantled." The above is not a true statement of the Gresham law, as understood by Sir Thomas Gresham. and all experience. foreign, domestic, ancient and modern, prove it to be false. The mis-statement of Senator Sherman, and the miscon ception of all the misappliers of the Gre- snam law may be found in the wrong use of the term "cheaper," as applied to money. They apply the term to the material of ichich money is composed, while the term only properly applies to the prouct with tthkh money it obtained. Thus, silver dollar coined by tbe gov ernment out of eighty cents worth of silver, and given all the functions of money, will and does circulate side bv side with the gold dollar coined out of 100 cents worth of gold, buying the same amouat of bread and meat, and paying the same debts. Tbe true statement of tbe Gresham la w is as follows: If of our silver dollars ft portion was of l.ghl weight &nd aJ had the same legal tender quality, the heavy portion would be melted or exported, while tbe lighter portion would continue to circulate This applies equally to gold coin. The reason of it will be obvious on a mo ment's reflection. If a man bad two gold eagles one of which had sav one-tenth of its weight filed off but would still pass for its full face value as money, snd he wished to use one eagle far dentistry, he would naturally use the one that con tained the most gold, it being no more valuable than the other at money. That is all there is orever was of the Gresham law. If the United States had an old, abraided or clipped gold coinage which was under weight sav 8 or 4 per cent and should issue a new full weight irold coinage without lowering the legal ten der value or calling in the old coinage. the new coins would disappear nearly as fast as issued. Thev would have a commodity value greater than their money value. Their commodity value would be measured by the metal they coniainea compared with the old coins, iheir money value would be fixed bv the legal tender value of the old coins, xnis law oeing once thoroughly un derstood, it will be seen that it cannot uave any application as Detween two separate metals the coins of which have respectively the same denominational value and the same 'egal tender quality, u our coins oi euner nieiai were sum- mm ... cienuy undervalued compared with tbe coins of the same metal of another na- tion, then those coins would disappear. That is, they would go to that nation to be recomed, providing difference in prices did not neutralize the difference in the value ef the coins. In other words, in those trading nations whose mints are equally open to cold and silver coinage upon an appointed ratio as legal tender moneys, the tendency of either meiai io disappear win D8 determined ny its valuation as compared with the coinage of creditor nations which may demand a money metal, instead of other couiiuatiiues, in settlement oi us bal- ances. To show the folly of the claim that. under the Gresham law gold would dis appear with free coinage we give tha following historical facts from the ex perience of France: That country for period of sixty-two yeara from 1803 to 1865, under variations of relative oro- dnction exceeding 18 pef cent, main, tamed a practically unvarying average relative price in market for gold and silver, in spite of divergent coinage laws all elsewhere. Thus, at coin value, in 1810: production 76 per cent of silver; relative price 15 61 to 1. In 1855: . pro duction 78 per cent gold; relative price. 15 76 to 1. In the period 1831 to 1840. $443,000 000 of the world's abundant silver was welcomed into the free coin age legal tender silver coin of France. In 18or to 1860, with gold most alarm ingly abundant, Qia firm nnn , 1 1 were minted into French legal tender .aI. - fT.J Lt , .... iu. unuci llioso varyug conditions nf mnIi,rt!n, P..... 1 ; t 1 the average world's price of gold and ok a ftvitiLiuu uvLwraa i m ir Vii and 1 to 15 80. Thus by free coinage the value of either metal in Us scarcity was be stowed upon the ether in its abundance by law, and France single handed, for 63 years, put "a dollar's worth of silver In the dollar," andmamtaineditconstantlv at 100 cents. (See address of Wm. P St. John, President Mercantile National Bank N. Y., at Kansas City April 17 1891.) ' ' INTEREST ON MONEY AT OMAHA, T wpiitr vpara flor.-i mnnav tnmmnn - r rw -w'iv, vuiumauucu " - f w avsa vug udaii 12 per cent in Omaha. Now it can be six years a money-bag railroad mae Set MdlgSsiSn. 7 TlT g0VernOr' 1Utl The Bee makes the above remark in an article arguing that times are better than formerly, and that because th nominal rate of interest , has declined from 12 to 7 per cent, it is easier for those who have to borrow monev Uow, as a matter of fact. 13 per cent it twenty years ago was a lower rate than 6 per cent is now. The prices of the products which men have to sell to buy money with which to nav interest determines the burden of interest. - - s -J - With high prices of products they can pay high nominal rate easier than a low rate with low prices. The following are the average Driees ... , , nf tho nrnrtnfita nnmA . - - f.vuuvui . i v. r, 1 1 1 v v rirv ago and at the present time: 1870, 1891. Butter. Cheese 33cts. 13 85 20, 15 23cts. 8f Corn 50 Cotton 8 Lard 7 29 Oats 60 Pork $35 00 MWnrHl 11 Z ul Wheat 1.65 This differenceruns through all prices r " oiail products and all merchandise: auuuwm ue Been mac tne burden of interest is ouite as c-reat a, i, . J ft- ! '. 1 A t , . 1 twenty years ago. . But the burden 7, debt is much greater than then. All debts are paid wLh oroduota. w paid more than $4,000,000,000 principal v tv and interest on our public debt: but. estimated in products at present prices. that debt is greater than it was atth- close of the war. jiht nvvrrrir ipprirTr, r ,!."' rv..""uo'a navo BBru Bna read r. V SV1AU Ui U JJIjLKj.I J1 jV tf. AAV I np rn rjirvv tt , r jt;ie uen-v rusk said, when h uj .u- . . . " """.wi l that ft heavy tariff ought to be put on ueaiu i no news irom JMawanhnaot fa I urn, w puuwa mat state for electing Russell. , J , . I This is very suggestive. Is the tariff . iw.h...j:.. . .7 . mo iauu protect working- men? Is the tariff a source of Dmnr. ity? If so, how would Massachusetts i yuuianea oj a neavy tariff on hides? V. 1 y . i . . -a I einauy, aoes jerry tell the truth Wr wuen in in maa man when ha la In good humor? he democratic leader who supported Edgerton seem to be leaders without a following. RAILROADS RECOUPING THEIR ELECTION EXPENSES. Facts for Suy-at-Homs Farmers. It will be an interesting, though not at all surprising piece of information to the farmers when they learn that the roaas have restored the rates from Lincoln to Chicago that were in force before tbe inter-state commerce com mission held its session in thia fltv. But such is the fact. Thev are nrob- ably making a strike to get back the money they expended to defeat Rfor. tos. The advance is one cent on corn, three cents on oats and two cents on wheat. r Placing the corn crop of Nebraska t 300,000,000 bushels, and supposing that two-thirds of it is shipped, this advance of 2 cents per bushel would mean the snug sum of $3,000,000 for the roads. Ahuverand ahinnernf corn ta vroll satisfied if he can make a profit of i cent per bushel. The roads have been lean-vine corn at 2ft nentji r inn tnr nearly two years. Now they think the - 1 farmers ran stand if and arM mm that means three millions nn this ' n rod not nn Our production of wheat for this I vnar cannot, fur nn from an iuu nm bushels. Two cents per bushel advance mains scoo.ooo out nf the rmi-ota nf . . farmers. These am eetimiitj for freight ainna It is well known tint the elevator men will discount the price much more than the advance of the freight, so the above figures do not show nearly all the loss. Whr.t kind of a civilization is ours, in which an interest which was created bv the people for the performance of a public function solely in the interest of the people can thus compel the people to stand and deliver? How do the stav at-home farmr like It? Had the election been carried by the independents thia dvno grain rates would not have been made MR. LITTLE AMD THOSE EASTERN" CAPITALISTS. Editob Alliance: There is at least a silver lining to the cloud.. Since Mr. Post is elected, perhaps Mr. Frank W. Little's capitalistic friends from the east WM come to Llhcoln and Invest large sums of m mey for the purpose of giving I employment to labor; n men twelve I hours per day at fifteen cents oer hour. They can come and grab valuable franchises, ignore all the conditions and limitations connected therewith, treat our citizens with Insolence, and help to run our elections in the interests of the corporation crowd. And just here let me ask, why does not the city take charge of the street railways and run them in the interests of tho people? We could then have a ten minute service with a three cent fare, and Pa7 a larg" surplus'into the city 4MMBnM, m.Vh -1 J . ""-u,jr cnuu jrwai uesiuos. I Thia onn OQollif Vin dnnn rM,A.,( i"g conductors and motormen more than mwuki idi uav, ut, oav. iwe hv-iivh cents per hour. Pbeston. THE IMPENDING CALAMITY. ' The slate for Nebraska politics, made up at Omaha, and based upon the suc- of Tost, is as follows: Rosewater is to bi chairman of the Nebraska delegation to the republican national convention and the Postmaster-general of the next administration; Mr. S. D. Mercer is to be srovernnr. Furmnn nf V.hN.v. how do vou like itt A I t I raised to tnp Snnrpmn fonvf ft, 8"i. great ZZSZIJZ 1. lit ? ftvMuuv, 1UI UIO L C- lief it will be to the state. Poor Tom Maj us! He's out in the cold, and will have to stav at hnma fight it out with Church Howe. wth Church sure to be on top. No man was so effectually snuffed out as was Church in the late legislature. He Is sure not to forget it. There is only one way Tom can get away with Church, and that 13 7 ?f T Tymg poker; aBd Cnurch Iplay 0ther ve1?le'a ame8 t0 "J gresexieai. RSSPFrra rn rnv venra a jiair o II UALL. I l . - i express our sin nai-a thanks to onr geniul friend. nl Tn Htde, for his kind notice in the Evening News of the 10th. Such ameniti. fnrm. a brilliant contrast to the brutal injus tice practiced by the railroad concern on the comer of 10th and P streets Wh t the Colonel don't know about making a SDicv and rsadahlo i .. k wui worth nTn- And we miht as U include, me iimiu I nil in nn,.on ; . ...j. I ".iuoigra,U- tuue. Conner men walk the earth than Messrs. Cox and Bushnell. We have- hP(,n th r0nir.t , b V1?160 ot "forxu kindness ! J .LT Wl?lch' in the madrush , " ear we.llave bee too slow to IT, . T. oge' our enest wish i na r r nan ma l ... ,,h l7- nave the tno '"i:?". IuaKe part "mends. In , " L 1 .u.J. Ca8e 11 ls only pessary 1 " uuu lor mm. ail I IJn U'T" an H . ..... I l i i LV ol au reiorm Jrnals, rr that Cfn A 11 lne Non-Conformist, late of Kansas, now nf Tn.ii.nonni;. t . .. ' . iueir ....ujr yu.uui.au uueruiiu Ce&tS for balance of this year. The Alliance mil gum h n.... r would rejoice to know that every voter in Nehraska hart-" in ' - ' ujui inp with it. for then not onlv 1 - . . . J sure oi a great subscription but by tak ing advantage of the elnh .t kf u . I K C7I m-mmr UiU UUlin I J 71. pers would go where too r.ftr, .n w Pwy weekly is now taken. You can V AA swear bv the old "Jt7... tST Mr John G. Pollock thank. ta Bee tor its support of Mr.Pt m- Pollock Is " a rock-rooted moss back democrat, and ft staunch U. P. railroadi man. -a'., -A. J