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About The farmers' alliance. (Lincoln, Nebraska) 1889-1892 | View Entire Issue (Jan. 7, 1892)
TIIE FAKMEKS ALLIANCE, LINCOLN. NEB., THURSDAY, JAN. 7, 1892.
Glje lamer' ailiancf,
Published XYcry fiaturaay ov
Thb Aixiaxcb Ptbusheto Ca
Oar. UU and M Bt., LlDOoln, Jieb.
ftrTB RflM .....
"In the beauty of the lilHes
Christ vm born across the sea,
With m glory in his bosom
, That transfigures you and me.
As he strove to make men holy
Let iu strire to make them free.
Since God is inarching on."
--Julia Ward Eotce.
"Lanrel crowns cleave to deserts,
And power to him who power exerU."
A ruddy drop of manly blood
The surging sea outweighs."
He who cannot reason is a fool.
He who will not reason is a coward,
He who dure not reason la a slave."
N. 1L P. A.
Addrro all business communications to
nil h Hlthfnfl f V,
AiMrres waiter for publication to Editor
Tarawa' Alliance. . ,
Articles written on both sides of tie paper
eaaoot ba uned. Very ions communication,
saralu oannot oa uaea.
ITBUSHID WXSBXT AT
CORNER tlTH AND M STREETS,
JT. BURROWS, Editor.
T. M. THOMPSON, Business
Tke Brett Alliance Weekly ass Uie Leading
Issepsfldenl Paper ol the Stale.
SEVEN COLUMN QUARTO.
It wtU always be fauna on the side of the
people and wholly derated ta theadvoeao of
refana principles in state and nation.
IT IS YOUR PAPER.
CCXPLETE IN EVERY DEPARTMENT.
labsorlptioa, 11.00 per annum, Invariably
ta advance. Fir annual subscriptions 14.00.
OUR BOOK LIST.
Ae bast reform literature obtainable can
be had by ordertaf any of these books.
The Railway Problem (new) 8tlokney....S 80
Leeklng Baokward, Bellamy 69
Or flugeet, (new) Donnelly SO
Oaesars Oolumn, n (0
A Kentucky Colonel, Beed M
. Ariven from Sea to lea, Post,,
A Tramp la Society, Cowdrey.
Blehard's Crown, Weaver......
Sreat Bed Dragon, Woolfolk , 60
rice's Financial Catechism. Brloe 60
Honey Monopoly, Baker US
Labor and Capital, Kellogg H
Plaarro and John Sherman, Mrs, Todd. .. 16
even Financial Conspiracies. ...lOoU.1
The Hsxxard Circular, Heath.. ..10" r X
Babies aad Bread, Houser 10 14 J
Our Republican Monarchy, Toldo K
The Coming Climax la Ue Destinies of
America by Lester 0. Hubbard to
AlUaooa and Labor Bon ster 10c, per dos 1 10
Hew M usio edi'n, paper ooror Mo. " 00
" .. board Ho, " 160
Tb b aajnas' ALiiiAaos one year and any
Mot. book on our list for $1 .86,
Same aad any SBot. book on our lilt for 11.18.
Address all orders and make all romltt
aaeas payable to
CHI ALLIANCE PCIILISniXQ CO.
Meeting of the National Farm
The annual convention of the Nation
al Farmers' Alliance will be hold in the
City of Chicago , Illinois, Wednesday,
January 27th, 1893, at 0 o'clock a. ni.,
for the pnrposeof electing officers for
the ensuing year, and the transaction
of such business as may come before the
convention. By order of the executive
committee. J. II. Powers, Tree.
Aceust Post, Secy.
WHO BREEDS ASSASSINS?
Under the above suggestive caption
our friend Dr. Fish, of the Great rest,
lias the following to say of the Russell
Sage bomb business:
. The plutocratio press howled with
rsge and gnashed its teeth when Russell
Sage was assaulted with a dynamite
romb. Columns were filled with dentin
ciaioos of the "tondeticy of the age"
developed by the "calamity shr'.ekers"
of this levolution. People were warned
to beware Of this fuvur beat of reform
aad the drneers of enarcby pointed
out withblcKHf red exclamation points!'!
This paper was the target for the liltlo
dogs whose collars are on the lower
end of a G O. P. string.
But behold we discover now that the
assassin who attempted the life of Rus
sell Sage was not a laborer, not a toiler,
not an Alliance shrieker, not a commu
nist not even an anarchist!
Who was it? It was Norcross, the
loan agent and bond manipulator!
Think of it one of the very men who
reap what they have not sown, and re;tp
with the sickle of chance!
And behold a Sabbath calm comes
o'er the troubled water of the earth.
The daily press the dispatches the
bogus bond creators all quiet down,
and no more is said or thought of the
great "dangcrto society 1"
Oh yes, there is one more important
Item: One of Sage's clerks, a plain etu
pJoyee, has sued Sage fur $100,000.
What for, do you askf Simply because
the coward bond-robber, suspecting the
errand of Norcross, grasped tho clerk
and thrust him, the employee, between
the bomb thrower and his own precious
corporosity! And the poor clerk was torn
in strips though ordained of God to
live through it and pursue the scoun
drel coward wno used bis body lor a
If ensure the awful littleness of that
(yiward brute, as he strove to vank
another man, an innocent man, to death
to save his own life.
THE BEPLT TO THE CENTURY.
The reply to the Century Magazine,
br J. Burrows, which is concluded in
the present number of Thk Alliance
Is published in pamphlet form, and will
be sent to any address post paid, at
11.73 per hundred; 11.00 for fifty copies
3 cents for ten copies Single copies
Scents. This pamphlet embraces the
Centura article complote, and Mr. Bur
rows' reply, and is a full resume of the
(ier capita argument on both sides.
Erkata In the reply to the Century in
Thk Alliascb of Deo. Slat, the second
varacraph, fourth line, it should read
129,000,000 Instead of 13,000,000.
A REPLY TO THE CESTCEY MAGA
BT J. BCBBOWS.
The statement, in paragraph five, that
Impending: free silver coinage unset
tled credit, is utterly false, and illus
t rates the recklessness with which
great msgwine may put Itself on a level
with a partisan country paper. It is a
well known fact that when the senate
last winter pawed the bill for Tree and
unlimited coinage of silver prices stif
fened and business improved. And it
was only when that legislation was de
feated in the bouse, and the threat of a
continuance of business on the basis ot
attenuated bank credits was about to be
fulfilled that the improvement collapsed
Over three thousand five hundred n
tional banks, with less thn 1300 000.000
of actual mouer in their nanus, nave
loaned $2,000,000,009, while the loans of
other banks are even more extended
until for every dollar of actual money
there is nearly nine dollars of credit
money loaned to the people at high
rates of Interest "conuunnce" money.
bavins; no basis whatever except credits
on bank books.
I come now to paragraph sixth of the
magazine article, which 1 hope my
rentier wil.l pt.rcf!!y consider. The
writer first estimates the amount the
free coinage would place in circulation
ui $12,000,IO. lie does not say in what
time, nor whose estimate this is. lint it
is ridiculons on the face of it. If the
secretary of the treasury has complied
with the new silver law ba has bought
since July 1. 18U1. 27,000,000 ounces of
silver which is now in the treasury
vaults, and would presumably bo coined
under a free coinage law. This alone
is more than double the "estimate" of
Under the present law all gold bul
lion is potentially money, because any
person owning it can send it to the
mint and have it coined into money
Place silver under the same law, and
this would be true ot silver. The effect
of the free coinage of silver would be to
ciminish the value of gold the world
over, and it would double the
volume of actual money. With the
single gold standard in force gold is
continually appreciating, or in other
words prices tnd values are falling; snd
this process-will go on in the interest of
the creditor diss, until the apprecia
tion of sold is stopped. . The freo coin
age of silver wou;:: arrest it
I will suppose that the free and un
limited coinRge of silver would add to
the prlco of our products only 25 per
cent. This would add (77.500,000 to
the value of our cotton crop for 1800;
tll.503,380 to tho value of our pig iron.
It would sad to tho value of our manu
factures ."or the year 1880, 91,842,000.920.
It would add to the value of our farms
for the samo year. $2 C4!.271.14.
Examples of this kind can be indefi
nitely extended. The lucrease would
apply to nil values and all produced
wealth. Instead of measuring the val
ue bv the thimble of the Century editor,
it will be seen that tho increased value
is indefinitely largo, and that it would
go into " the pockets" of all the people.
But when the Century speaks of the
government under free coinage buying
silver "at a price greater than it would
be worth as money after being coined,"
it caps the ullmax of impudent or igno
rant misrepresentation. The govern
ment is now buying silver bullion and
storing it away. Under free coinage
It would not buy a dollar's worth. It
would simply coin what was presented
for that purpose, an return the coin to
the owners of tb bullion, as it now
does with gold. II the Century editor
did not know this he is too ignorant to
edit the stories of Mother Goose.
But his next sentence is worse yet.
lie says "these men (the bullion owners)
would not put it (the money) into the
pockets of the people, but would add it
to their own wealth." Let us see. If
they did not put it into the channols of
trade, or "the pockets of the people,"
they would of course store it, as
"wealth." Will the Century editor
please tell his renders how much more
wealth the) would have, after having
their bullion changed Into dollars, and
pitying the mint cost ot coinage? We
leave him to ponder this question.
Paragraph seven is false iu toto. The
confession of such gross ignoranco by
the editor of a great magazine is simply
disgraceful. We can tell the per capita
circulation of France, Germany and
England, and the elements which com
pose it. In the essential principle
which causes unjust distribution, viz:
interest out of proportion to the natural
inoreaso of wealth, tho systems of those
c mntries do not materally differ from
our own. France has always wisely main
tatnea a mucn larger per capita circu
lation than other countries, for which
reason private debt is almost unknown in
t hat country.and her peoplo are tLe most
thrifty and prosperous of any in the
world. Franco with a population of
only 33,500,000 has a com circulation
of $1,6130,000,000, while tho Uni'od
States with a population of 64,000,000
has a coin circulation of only $1 ,050,-
000,000 The population of Grout lir.t
aiu is 88.250.000 and her coin money is
only $050,000 000. Tho actual money in
the hauds of tho people of tho United
Kingdom is only 812 per capita; of tho
United States only 415 per capita: while
iu France it is over $10 per capitv
lu paragraph eight tho Century al
ludes to the disaster in the Argmitino
Republic as a conclusive argument
Mgainst increased per capita circulation.
A correct and impartial history ef Ar
gentine finances has aot been written.
Until it is written no infalible deduc
tions can be drawn from it. I have
never claimed that inconvertible paper
can be issued in unlimited quantities
without depreciation. When aoauntry
ot limited production pledges all ot Its
gold revenues to bonds held in foreign
countries it will find it difficult to float
unlimited quantities ot bonds at home.
Of one fact we are reasonably sure, viz:
that foreign speculators obtained control
of the nnances ot the Argentine con
federation, to the ruin of that country.
But. if sizo per capita of circulation
does not determine prosperity why
should we trouble ourselves about hav
ing any money at all? If amount is
entirely unimportant, any amount, or
no amount will do. On tee contrary.
all history and all authorities agree
that per capita circulation must be kept
abreast with increasing population and
prod action, or financial disaster will In
evitably ensue. " Money is the great
instrument of association, the very
fiber of social organism, the vitalizing
, . i i . i . i . i
iorce oi lnuusiry, iuo mirror ui civili
zation, and as essential to its existence
as oxygen to animal life. Without
money civilization could not have had
a beginning: with a diminishing supply
it must languish, and, unless relieved,
Paragraph nine adds nothing to the
strength of the Century article. It is
false that the money reformers have any
such vague idea as the writer says as to
some "mysterious way" of getting
money lor notning. xneir views on
this subject are very clear and well de
fined, and there is nothing mysterious
about them. They believe that increased
volume wui increase values and prices,
and hence equalize distribution. As for
paying debts with cheap money, there
is this to say: contraction has increased
the value of debts and decreased the
value of products, and tho people only
ask that the wealth of which they have
been robbed by contraction should be
restored to tbrm. My illustrations of
the p.ymnt of the national debt with
products in 1916 and now makes this
point sufficiently clear.
The Century denies that the govern
ment can create money. Very well.
Money exists How did it come into
existence? By the will of God? If so,
of what is it composed? It is certain
that silver and gold have bea the ma
terial of money from time immemoritl,
and are now used as money by far the
largest portion of the world's popula
tion. If money is a natural product or
dained by God, and consists of silver
and gold, by whxt au'bority did the
congress of the United States destroy
ty law the money quality of silver?
And if money is not created by law
by did tne creditor or money lend
ing class appeal to congress to make
gold the only money.
Money Is created by law, and by law
alone. No money eer existed that was
not created by law And I will now
answer the Century's question to which
it allirrus ii hits
never seen or heard
an answer," viz: "if the government can
create money why should it levy taxes "
in tms reply 1 am willing to eliminate
any material for money except gold and
silver, though ns all know, the govern
ment did, during the war. create a
money from paper, wi hout a dollar of
gold or silver back of it. and made it
legal tender, and it remains a legal
tender to-day. Now, if thegovernmenl
owned the gold and silver mines, as it
should, it could mine the met a! and
create money from it, and it would not
need to levy taxes up to the point when
there was a ju amount cf money in
circulation lr.at amount has never
been precisely fixed; but it is historical
ly true that It has never been exceeded
by metallic money that is, there has
never yet existed in the world an inju
rious amount of metallic money. The
government having allowed private in
dividuals to obtain possession of its
mines, it becomes necessary for It to
coin the product of those mines for its
private owners, therefore it derives no
ncome from tho money it creates, hence
is impelled to levy taxes. The govern
ment has now in its vaults a large
amount of silver, laid by. That silver
is called bullion. Under our present
law no one pretends that it is money.
Can the government or can it not, trans
form that sliver into money, providing
the law making power sanctioned the
act? If it was transformed into money
would it, or would it not, bo used in
lieu of an equal amount of money de
rived from taxes.
The Century says that " 1890 and 1891
will be known in history as years of
almost, unequalled financial and indus
trial depression." But it offers no ex
planation of this fact, and proposes no
remedy for it. Will the writer kindly
supply this omission? with a million
ldlo raon, and with myriads of wo ncn
and children suffering for tho neces
saries of life in the United States; with
millions in Europe starving for food,
on the one hand and with bursting
granaries, and fsctorios tilled with all
wares and fabrics that men desire, on
tho other, the old cry of over produc
tion will hardly satisfy the better in
formed men of the present time. With
the conditions named above exist an
other condition peculiar to this ago, viz:
the absorption of produced wealth by
the few, and the growing indigence of
of the ninny. And the few who are ab
sorbing the wealth are the ones who
have used and aro using the potent
power of money capital and interest in
various forms, lbese are stupen
dous facts, and when they are once
understood and appreciated tho illogi
cal sophistry of such writers as the
, s,ii,. r.nl.li Infn Mn .1
vuivvs, i iiiiiii. imu nu,
like the baseless fabric of a vision."
is national prosperity providential?
If money is a natural product, yes? If
is a creation of law. no! National
prosperity is the result of wise legisla
tion. National adversity is the result
unwise legislation. Values are cre
ated or destroyed by law at every ses
sion of congress. If this Is not so where
comes the great interest ot importers
and dealers iu imported goods in every
proposal for tariu legislation? Con
gress for twenty years has been engaged
iKlor tne guidance and direction of
tho money power, in the most ruth
less destruction of American values.
he refunding of tho people's money
n to interest bearing securities destroyed
i.ioo.uw.voo oi vama. me creuu
strengthening act, at a tlmo when our
credit was better than any nations' on
on earth, destroved thousands of mil
lions of valuo. The demonetization of
silver has cost this country, in the de
preciation of its products, one thousand
millions annually since that vile crime
I am now done with the Century arti
cle. I have endeavored in this reply to
confine myself to the points mado by
tbo writer. The Century artiele is
weak, illogical, and ou nisiuy points ab
surd; but would have much forco with
the casual reader, or with persons who
have not studied the subject. It is.
however, a f.iir sample of tho arguments
on their side of the question.
In this ago money is tho great do-all
of our lives. With it all paths open be
fore us. Without it vr suffer and per
ish. Coeval with the disappearance of
money the dark-ages spread their pall
over the world. VVith the dis-covery of
new mines and its reappearance and
iucrease, light and civilization again
dawned. It represents all wealth! It
controls the distribution of all wealth.
The unjust distribution of wealth un
dei lies all other injustice. Is it not ap
parent then, that tho money question
transcends in importance all other
questions, and that upon its Moper so
lution d ponds, more than upon all
others, the prosperity and welfaro of our
THE BOYD FAKE.
The Omaha papers of Saturday morn
ing last published a Washington dis
patch which claimed to give the su
preme court decision ia the Boyd con
test case in its minute details, even to
the number of judges on each Bide, and
the principles on which the decision
was given. As the opinion in the case
was not to be handed down until Mon
day of this week, this dispatch caused
great excitement. However, Monday
last was awaited with much interest
and curiosity. Monday came and
passed with no confirmation of the truth
of the dispatch. It will probably be
some days before the public will know
the final decision in this case.
One interesting feature of the case
has not excited any attontion in all the
discussion of lost week, viz: the fact
that Boyd was elected by fraudulent
votes, and that Hon. John II. Powers
would to-day be the governor of this
state if justice prevailed. This is the
sincere belief of two-thirds of the voters
of Nebraska to-day. Mr. Powers was
defrauded of his seat by the vilest brib
ery and corruption, and James E.
Boyd was a party to the fraud.
The question of punishing the person
who exposed the opinion of the court in
advance is of interest at least to that
party. The undefined and arbitrary
power to punish for contempt is hang-
ling over him.
THE STATE MEETES0 NEXT WEES.
As this will be our last Issue before
the State Alliance meeting next week,
we desire to say a few words about the
work of that meeting. It is to be a' very
importtnt meeting, but perhips not
more important than others. New offi
cers are to be elected, and the changes
that will be made render it necessary
that great care should be exercised in
the selection of new men.
It is not likely that Mr. Powers will
desire a re electien as president. If that
is so it is of vital moment that a man of
character and standing a man suc
cessful in his own affairs, and having
influence in his community should be
chosen to succeed him
Mr. Burrows will positively decline
to be a candidate for anv position wht
aver, lie presidtd at the meeting whi.-h
organized tie State Alliance in 1881.
an l has continuously hM an Imnnrfint
; office since tnat time, with the exception
oi one year, i nis is too long. He asked
to be relieved last year, but the meeting
thought different. This year circum
stauces are different, and there is no
reason why he should not be relieved
Mr Burrows' dt-cUion to decline nomi
nation for any office does not foreshadow
any intuutiou on his part to abandon
alliance worn, tie will remain an
eai ue worncr in iue reiorm cause as
long as he n-is strength to work at anv
thing, and he can do the cause as good
obi jlo uui ui uiuce as in
Now about another matter. When a
society reaches a point where ils offices
are sougnt lor their emoluments, or as
stepping stones to political ambition, it
is on thin ice, and needs to go carefully
auusiuw. inn Alliance oi tturaska D un
reached that point. There are several
individuals who are financially hard
up, or who are ambitious for office, and
who lhink an office in the State Alliance
would be a snug thing for them. The
feelers of those men have been aDD&r-
ent for some weeks. As a rule the men
who seek such positions are not the
ones who ought to have tbern. The Al
liance needs absolutely pure and disin
terested men men who will serve it
from love of and devotion to the cause.
with no selfish motives. The service of
sellisVness is not good service This
hint may be suniclent.
Another thing, l here are several or
gans which are not paying institutions,
ano wnicn their owners would like to
unload on the Alliance. While nearlv
all societies have their acknowledged
official organs, the attempt to own and
publish papers always provesdisastrous.
Able editors seldom accept such subor
dinate positions; an i the best success in
newspuper work demands that he pa
per should be absolutely identified with
the persanality and reputation of its
It may happen that the endorsement
of a paper, as official organ, will cool
other papers towards society, though
this doe not seem to be the case in this
state. We would have no objection to
tho endorsement of this paper being
withdrawn, were it not tnat it would
be taken as a vote of disapproval of
tho course of the paper, and thus be a
blow at its prosperity. Paprs, like
men; take their standing from character
and ability, instead of from prospec
tuses and wind.
Power should be lodged with the
state tecrotary to order an investigation
into violations of the eligibility clause
by subordinate Alliances; and when it
is touna that that clause is clearly vio
lated the president should be empow
ered to revoke charters. If the prece
dents of some Alliances were followed,
every banker, politician or landlord in
the state might appear at the annual
meeting with credentials iu his pocket;
and the officers of the State Alliance
cannot interfere without seeming' to
make war on individuals.
The meeting, promises to be large,
and will bo interesting. We expect tho
utmost harmony will prevail, and that
the State Alliance will enter upon a re
newed term of progress and usefulness-
WHAT'S THE MATTER WITH OMAHA?
The Bee says " the only way to re
store Omaha's normal business activity
is to push local enterprise, add tribu
tary territory and invite new indus
" Normal," in the senso used above,
means regular or according to estab
lished custom. "Kestoro" meaua to
replace sonething that is lost So,
Omaha's "normal business activity"
needs to be " restored." We thought
the wonderful crop, and the returning
prosperity, and the new ware-house
law, and the hoped for milling-in-transit
rato, and the real estate exchange, and
the home market association all com
bined, were just booming Omaha mak
ing it the great commercial and finan
cial center of the great and woolly west.
And now here cemes tho Bee and in a
moment of absent-mindedness kicks all
these fair visions of Omahog greatness
into thin air, whure they vanish " like
the baseless fabric of a visiou." Fatal,
fatal and careless admission, that
"Omaha's normal business activity"
has gone up tho spout. Wo advise the
A'ftomakeaa honest and intelligent
study of the money question, and soe if
Omaha isn't sufferin from tho same
cause that is ruining the balanco of the
WHO EIXES THE PRICE OP PRO
DUCE? Editor Alliance: Does the Chica
go board of trade fix tho price on Amer
ican farm produce lor Liverpool, or
lice renal J. B. Osler.
Under present conditions tke above
Is a very large question. Under nor
mal conditions, where the law of sup
ply and demand has free play, the
price of produce at any given point is
the price at the nearest general market
plus thecost ot getting it there. In the
case of our breadstuff's and meats, which
constitute the largest portion of our ex
port), the nearest market ef general
supply is Liverpool, Chicago being
merely a way-station for these exports.
Hence the Chicago price should be the
price at Liverpool, plus the cost of get
ting it there. This is what it should be
But for some time past we believe there
has been a variation from this against the
producer between western points and
Liverpool often as high as ten cents a
bushel on wheat. We will take the
quotations of January 4 on No. 2 spring
at Chicago, New York and Liverpool
for comparison. They were as follows,
as near as we can ascertain .-
Chicago, No. 8 spring, 9 88
New York. " 1 03
Liverpool, " 1 30
With these quotations it will be seen
that there is a great margin for the
handlers of actual wheat. The freight
from Chicago to New York is abont 10
cents per hundred, or 0 cents per bushel.
The difference between New York and
Chicago is 23J cts., leaving 17 cts mar
gin for the shipper. The dlfferenco be
tween Now York and Liverpool is 28
cts. The freight between those places
varies greatly, but may be averaged at
12 eta per hundred, or 7( eta. per bu.
This leaves a margin of 20J cts. ia fa
vor of the exporter.
These ligun s prove that the condi
tions are nut normal, and that there are
causes at work depressing the price of
products outside of the natural laws of
supply and demand. Under the law of
supply and demand, takiog the Liver
pool price as a bai wheal should rule
at least twenty cent higher throughout
ail the northwest, and other markets in
proportion. We will now name the
causes which are making this deprer
First, an unprecedented contraction
of the currency compared witn in
creased population and production.
Second, option dealing in products on
the boards tit trade.
Third, the elovatcr combination of the
whole northwest, which undoubtedly
exists, and is one of the most comple.e
and thorough organizations in i he coun
try, It is illegal in this state, but is
here all the asme From central points
orders are sent out every day, fixing
prices for the day.
Fourth, a sectional and partial'.v or
ganized competiti re transportation sys
tem. Duriug busy times lines cf road
insist on holding their carsoc tfeeir own
tines, and thus create blockades of
vators and roads.
The above aro all potent factors in
causing low prices.unjust conditions and
untqual distribution. Tbo removal of
ene if these will not remove the others
An increase of our money volume, and
iucrea-ed prices, enablinor the nrn.
ducers to got out of debt, and hold their
products until they are pleased to sell,
would coma the nearest to a geseral
remedy. But with the other forces in
operation that remedy would be only
partial A comoplete cure would come
only from removing a'l the causps of
depression we have enumerated. These
remedies then, are as follows:
financial reform and increased monev
Prohibition of option dealing.
Prohibition of trusts and combina
tions to control the prices of products.
Government ownership of all rail
The independent party and tho Alli
ance demand all these reforms.
CAN'T FEND A SPECIE BASIS.
Mission Creek, Ddo. 23, '91.
Editor Farmers' Alliance: I have
been trying to study out what a specie
basis is. I have read the press and
several books on finance. But I can
not find any such thing as specie basis.
except in name. Can I take a national
hank note and . compel the United
States, or a national bauk or any body
iu Hive uie a g'i or silver aoiiar
for it? Respectfully.
We are supposed to have a specie ba
sis, but many students ot finance have
been quite as unsuccessful in finding it
as has our friend Jenne. As a matter
of fact it is a dolusion, and always bm
been a delusion. A historical incident
in connection with the bank of Holland
at the Hague illustrates the character
and use of the so-called specie basis.
That bank had as good credit as any in
Europe, and had a large Issue of paper
money based on specie, which was
supposed to be in the vaults of the bank.
But Napoleon made a call at the bank
one day, accompanied by some of his
French friends, and lo and behold the
specie was gone. It had been used by
the Dutch government officials half a
generation before, with no injury to
the credit of the bank until it became
Inown. We have all heard of the de
positor, who didn't want bis money if
the bank had it, but if it didn't have it
demanded immediate payment.
A specie basis means that every
dollar of paper money of all kinds, and
every dollar of indebtedness which may
be cancelled with money, can be paid
in coin if the payees so desire. Now
let us see what facilities there are in this
cruntry to effect such payment. In
October, 1890 the comptroller of the
currency shows that the 8 540 national
banks had on deposit subject to ckeck
1,59.000,1K'0, and that all other banks
and trust companies about 4,500 had
on deposit subject to check $2 533 000
100, making a taital of $4,134,000,100
As a basis for this money the much
vaunted specie basis the national banks
held of actual money gold, slver,
greenbacks and national bank notes
1290,500,000, and all other banks held
1185,254,010, or a total of $475,754,-
This makes nearly nine dollars of
money in banks subject to check, for
one dollar of actual money to pay it
with. If wa considered gold alone ac
tual money as tho goldbugs do the
proportion of credit money to actual
monev would be much greater. And
yet every dollar of those deposits are
supposed to be payable in gold, under
this svstem the withdrawal ofene dollar
of dope-its contracts the volume of mon
ey nine dollars.
It will be seen at once that it is a
structure of confidence, and tbat any
financial didsster which even tempora
rily destroys confidence will bring it
about our ears in ruins
To the question, of our correspon
dent we will say that there is no place
where he can take a national bank
note and cdmptl auy one to give him a
gold or silver dollar for it, unless the
bank is in liquidation, in which case the
law makes, the United States redeem
the note in specie. The law permits
the national banks to redeem their notes
in greenbacks, so if thoy prefer to pay
in that money instead of gold and silver
thoy can do so.
STEALING A IT. S. SENATOESHLP.
A man named Humphreys now acting
as governor of Kansas, has appointed a
person named Perkins to serve out the
unexpired term of the late Senator
Plumb. Such a theft of a great office
would be impossible under a constitu
tional monarchy. In such governments
appointments to such positions must
conform to the complexion of the legis
lative branch. The legislature of Kan
sas is independent by sixteen majority
on joint ballot. Gov. H. should have
appointed an independent or convened
the legislature to elect. But no one ex
pected such an act of justice from a
gold-bug, railroad, monopoly governor.
By the way, who is Perkins?
tyThe Indianapolis Journal remarks
with just pride that the United States
has "three times as many post-offices as
any other nation ia the world." There
are other facts which might excite the
exultation of the Journal. What other
nation in the werld can show the count
erpart of John Wanamaker, post
master general? The possessor of a
dime-oounter, the subscriber of a $200,
000 boodle fund, an all-round Sunday
school superintendent, and above and
mere than all, the patron and bosom
friend of our Edward, we shall never
see his like again.
THE FUMBEB OF PENSIONERS.
We hare received several inquires of
late as to the number of pensions on the
pension rolls, and have obtixined the
following reliable Information on the
Oa the 30th day cf June, 1891, there
were 676 160 pensioners upon the rolls.
This was an increase of 138,216 above
the number found tlere twelve months
before, although in the interim 13,229
had died. If we are to suppose a like
growth during the current year, there
mnst be at this moment something like
750,000 pensioners. i
But the number is probably still
greater. Tho current issue of certifi
cates showing that claims have been al
lowed, exceeds an average of 1,000 for
every working day in the year. It is
about 80,000 per month; and the com
missioner says that he expects his
force to have adjudicated and allcwed
350,000 'claims during the year ending
June 80, lS'Jj. He further tells us that
special consideration is given to new
claims. Even should the former but
little exceed three-fifths of the whoie
nam ber allowed, we mav rind BOO.lOO
pensioners upon the rolls bv the tint rf
Again there were pending on July 1,
1891, no fewer than 98,473 unadjuai
cated claims, of which 559.027 were
those of persons not on the mils at all.
1.. 1.. . -
If fewer than 60 per cent of these latter
snouia De granted, there would still be
300,000 new names for the rolls. Put
ting these with the number already
there on July 1. it will be seen that the
pension rolls within two years from the
present time may contain 1,000,000
namef,. Certainly any deductions to be
made for deaths or for dropping out
for other causes are likely to be made
up by the filing of new claims, which
goes on steadily, and the addition of
now names through the legislation of
As to the cost of all this pensioninir.
even Sscrctary Noble sees $160,000,000
in near prospect in a single year, upon
the basis of past legislation. But with
the pending bills of increases in the
rates cf whole classes of pensions, num
bering thousands or scores of thousands
each, and with the bills also for adding
new names to the rolls, it is lmuossible
to say how far above $160,000,000 the out
lay wi'l go.
COMPLIMENTS OF THE SEASON."
Sick 'em, Bowser Sick 'em, Tige.
In the Bee of January 1st was an
article headed "The Compliments of the
Season," in which E. Rosewater, after
bragging of "the friendly relations that
exist between the post-master general
and the editor of this paper," (viz: the
Bee,) intimates that Mr. Gere, editor of
the Journal and post-master at Lincoln,
narrowly escaped losing his official
head last summer on account of irregu
larities, and that if be don't dry up his
attacks on the editor of the Bee the in
vestigation will be proceeded with.
In the issue of the Journal ef the same
date, as the perverse fates would have
it, appeared a letter from Omaha,
scoring Mr. Rosewater in what most
people consider a severe style.
Now, there's nothing for these men to
do but to proceed with the concert. Go
for him, Mr. Rosewater. You can come
to this office for some important facts.
The Lincoln post-office has been per
sistently used to down opponents. There
has been unaccountable delay in dis
tributing papers. Mail for stations not
thirty miles from this city does nut
reach our subscribers for two, some
times four, days after being sent to the
office. We should long ago have made
complaints to the department if we had
not believed they would have been
charged to political motives. Now, Mr.
R.. we entreat you to "push things " .
Mr. Gere, you can't possibly afford to
let up on Edward. If you don't go for
him now, in every ifsue, people will say
you are afraid of him, and with truth,
probably. Besides, if Rosey was out of
the way what would prevent you from
being high cockalorum of the party, in
stead of being, as now, the tool and
lick spittle of Geo. W. Holdrege? If
you go at it with a will you can demol
ish Rosey in a week or two almost.
All things conspire to induce these
two fellows to fly at each other's throats,
and all the world smiles seiene at the
prospect of the fun. Sick 'em, Bowser
sick 'cm, Tige.
WHO ABE THE ANAECHI3TS?
It appears from Chicago dispatches
of January 4, that there has been a
conspiracy of members of the Chicago
po'ice to bleed wealthy citizens by in
ducing them to contribute to a fund for
the suppression of anarchy. Immedi
ately after the Haymarket riot of 1836
the following notice was sent to abont
three hundred citizens, and three dif
ferent meetings were held, which re
sulted in the subscription of $115,000,
and the pledge of $100 000 annually, for
the purpose above namd. Read the
notice carefully. " Suppression of
ideas" is good:
' In rtnwof the threatened crusade airalcst
Interests thai have been founded by mon and
bullded into splci did struntuvos. It ltibeUevd
to be neeoBSHry that wo combine to aid tbo
municipal (roTernment In tho suppression of
idexs w hi' b are antacumtlc to those held by
(rood citizens vt this country. Yea will, if It
p'eae vou, go Way 7. between tbe hours of
fand 10 o'clock p. m. to Ne. , Prairie
avenue. Do not go In your can-tare. Fane a
car or walk. It is akg lutely necessary tbat
no publicity be given to lbs meeting."
There seems to have been a diverg
ence of opinion as to just when anarchy
was stamped out, the police asking for
more money and the citizens refusing
to be further bled. In order to convince
the latter of the existence of anarchy,
the police last fall made the raid on the
peacable meetings of trade associations
in Greifs and Van Worth's hall, for
which they wre compelled to ignonimi
ously acknowledge that they had no ex
cuse. It is begining to dawn upon the pub
lic that anarchists are not found among
the laboring classes. They are among
the Shylocks, the money lards, who
wreck railroads, organize trusts, bribe
judges and legislators, and defy the law
when they cannot corrupt it. They
have got the cenntry on the edge, of
financial ruin. Unless a short turn is
soon made a terrible crash will soon be
The Church as it Should be.
Mr. Editor: In the bonk of Revela
tion is the prophetic picture ot a mighty
angel laying hold of "the dragon, that
old serpent, which is the Devil, and
Satan." By this typical minister of
Gd he is bound and cast into tbe bot
tomless abyss, "that he should deceive
the nations no more." Yet, "the angel
of the church" today, its ordained min
ister, cannot see that he is himself re
ferred to in this prophecy. The ministry
and the church are waiting tor an ex
pectant outside heavenly help which
shall east out the great deceived and so
nsher in and make possible the millen
nium. The supposed wisdom of self
seeking and serf-serving, laying up
treasures on earth according to the
measure of one's ability, is the great
universally deceiving sophistry. The
church, notwithstanding the commands
and promises of God, is still deceived
by it. for it pursues wealth, and each
individual member holds on to "his
own." It U the work of the church by
its every day obedience to the iaw of
love to show the folly of business sel
fishness, to undeceive the nations and
remove the temptations to selfishness
which the each for himself struggle
for the means of support presses upon
us. The church should be a fold where
there is complete protection from selfish
wolves. And when the sheep go out
to obtain food, material susteoancs, the
shepherd should go before them and
defend them. The church should have
"all things common," as Christ's spirit
and the command to love our neigh
bors as ourself requires; the strong
should help bear the burdens of the
weak. We would thus insure against
possible future want which gives birth
to present stilish ness and hardens the
heart, and we would remove all ground
of anxiety. "The poor" of the earth
and "common people" would be drawn
to such a church; its gospel would be
present de'iverence from the tyranny
and temptations cf selfishness; it would
by abolishing privato wealth put love
in free full constant action; it would be
like the early church in which none
were allowed to lack anything and
having favor with God and man; and
because of the manifest blessings and
benefits of obedience to the law of love
' the word of God" as at first "would
grow mighty and prevail."
AN ENTEEESTINO LETTEE FROM
MRS. KELLEY. v
Just what all Alliances should be doing.
Hart well, Dec. 23, .
Editor Alliance: Wishing to hear
how other Alliances are getting along.
will tell you what ours Is doing and
has done. In the past year wa have
got four carloads cf coal and saved over
$50 a car. The coal dealers also cams
down about a dollar a ton in direct
consequence of our shipments, so we
have not only saved our members over
$200 on coal, but have saved the commu
nity probably as much more, and in
jured no one except the coal dealer.
But as he is also our local banker, he
makes out to live. We are now about
to put in an Alliance coal bouse. Then
we made a wholesale contract for flour,
and found it paid to soil our wheat and
buy a good brand of Hour; and have
saved our members about $100 on that.
That is about all financially, I believe;
but we are getting rates on lumber, and
expect to order it by the carload, and
perhaps put in a small yard In short,
we are just learning how to do our own
Our best work, however, has been
educationally, We have distributed
what literature we cnnld tret and tiirnnil
tne townsnip irom oeing ine rewiHiu&3es'--"
stronghold to eBtMKastically ludepen-
(lent in little nr. ft wool
A short time sgb we commenced hav
ing an Alliance sooial evei'7 two weeks.
Tbe money to be iertted to an Alliance
library. We ctfuroenced getting the
cheap paper eovsirted reform iiteraature
to be obtained offHE Alliance Co. or
The Jt'on Con, and Bare about got through'
the list, and orddred some cloth oouod
books. Wo expek now to subscribe for
a large number of reform papers and
open a free reading room.
Only those wholly or partially uned
ucated in the! firjkneial history of our
country can oeiapg to eitner 01 the old.
parties; and we propose to educate all
we can reach. It, is surprising to be
hold t'ie extremq ignorance ot the av
erage old party tpter. Now is the time
to educate. NiXt summer the busy
time will commence again.. All our
hope of avoiding tbe horrors portrayed
in Cieser's Column is to educate, and
that quickly; indj we must use our or
ganizations td dd it or our efforts will
be like tho building of the tower of
The history of all labor organizations
which have collapsed shows that some
thing must be kept doing that all are
interested in or (members will not at
tend. We find 'having an interesting
book to exchange at each meeting a
great inducomei t, and we are sending
to Vincent Bros for an industrial club
declaimer, and c ir young members talk
of giving enterts nments with a small
charge und takt lg the money to help
purchase an out It for a musical band.
I sincerely hefce every one of the
2009 Alliances id the state is doing as
well or better, JWe have not done all
wo might or' ought,' but are ju3t getting
a good ready lit the campaign of '92,
which will sooii be here. As our little,
boy says, "it islnostChristmasand'th.eri
we'must hurrah for McKeighan and San
ta Glaus." I ' I Mrs. J. T. Kflue
Sue. MV Alliance, No. 1772.
Troni a Lajiy Alliance Member, .
Editor AlLunce: I see by reading
your paper thatjyou publish lettersfrom
people of reform ideas, and am pleased
to knew yoii publish some from women.
I am so interested in reading some of
the letters that 1 can't help responding.
In the first r)lade I will say I was more
than pleased thread the letter in, a late
issue of your paper signed by one of the
women, regarding Rev. Talmadge. and
his free piss'; visit to. the west. . .. It
was just what II have been wanting to
hear for a iloijg time. Every paper I
read, but fycirs, is filled with. Tab
mr.dge's sermons, and they don't amount
to nothing for the people. I think he
did a good thiig for himself when he
visited the bWj world, for he can preach
about something he knows about; tor I
think he dontj know any more about
Heaven than I, do. He can tell the peo
ple about tbt holy land, but when he
tells of a place; he has never been to ho
guesses the same as any one else.
I was glad you did not have room in
your paper fori the president's message,
because I don't see what good it did for
any one to read It, bnt am pleased you
had room to publish W. Winslow's open
letter from Bertrand to President Har
rison.. .. t (
Perhaps, Mtf. Editor, you think I have
no right to .write my likes and dislike;
bnt 1 dont read your paper, nor rfs
one's, for pastime, for I have too mnih
to do; but t try to educate myself to two
issues of the day. And I want to fell I
Mr Rosewat-, and a few more, wat
when the wo ale n get a voice in politics
(and they will they will hear tbe Wild
est lot of eslkmity howlers they aver
Now, Mr. Sditor. I think all thatMr.
Rosey challenged yon to debate fori was
to increase the circulation of bis piper.
1 am gladth;ags aro progressing af well
as they arc here; but we will have them
better another year.
1 our? for reform.
Mrs. J. M. Sani
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