The Alliance-independent. (Lincoln, Nebraska) 1892-1894, October 20, 1892, Page 11, Image 11
1 THE ALLIANCE -INDEPENDENT. 11 SOME STUBBORN FACTS. large part of their surplus earnings, The following facts concerning rail- which a just freight rate law would en- road earnings, rates, etc., are gleaned al)l6 them to keep? from official sources, most of which are Do the people loro the republican within reach of any man who will visit Party 80 weH that they will continue to the state house at Lincoln and look pay millions every year in over-charges them up. Every voter should read and on freight, merely to keep in power a ionsider them hnr n..t.lnr hi. imllnt lot of boodlers labeled "republican?' UIM 1 1U Consider them before casting his ballot In November: First. According to the official I ?gures published in another column, Tn republican party approves this Wa local rates are fromtwoto Ltat&?dSl MmM at YOflr SUUOD, Write US. L Jar times as high as Iowa local rates. clared that: "The railroads of Ne- . . Why should men who approve such a state of affairs be elected to make and enforce our laws? DO NOT ORDER YOUR COAL YOU GRT PRICES FROM US, ALL GRADES. t t V 1 m YT m -m . : oeconu. ine umtea states census report for the ten years ending with 1889 shows that the nst income of Ne. braska roads has been more than 20 percent, of their gross earnings; in the New England states the net income braska are not in a condition, nor do their earnings justify a cut in local rates at the present timo." And this conclusion was justified by such a col- lection of sophistry and falsehood as never before appeared in a public docu ment of Nebraska. The republican party has approved J. W. HARTLEY, Slate Agent, Lincoln, Neb. lY THE QLcOBK IS WQ. of the roads has been only 13 per cent. , . fne oncan party nas approved . . ' , " " that position by renominating threo of of gross earnings; in New York state the men who signed that report, Allen, f"t per cent; m au otnsr sections tiumpnrey and Hastings. Will the Sfine percentages are smaller, the lowest voters of this state approve it by elect- w lng these men, or any other candidate I on the same ticket.- vine percentages are smaller, the lowest yvaing Texas which reports a net de- ficit. Third. In Indiana the railroads flONTRAflTTflN. yielded a net annual income of only The claim is now boldly set up that $399 per mile for the ten years covered there never has been any "contraction by the census report, while Nebraska of the currency," that we have more roads paid over $1,192 per mile. money per capita now than ever before. lourth. According to Poor's manual, This idea was set forth by Chas. Foster THB GLOBE the best authority on railroads, in 1886 the net earnings oi Nebraska railroads were equal to $15.52 per capita for the whole population of the state. In other words, the corporations taxed the peo ple of the state $15.52 per head over and above the running expenses of the roads In the same year, the net earn ings of Iowa roads amounted to only $1 per capita; of New York roads $4.86 per capita, and in the United States as a whole $5.95 per capita. the present secretary of the treasury. Ho boldly undertook to reverse history. For nearly a quarter of a century, the "contraction of the currency" has been as much a fact of history as the battle of Gettysburg or the emancipation of the slaves. It had been discussed in hundreds of speeches in congress. It had been treated by historians and economists. It had been reported and discussed by Eecretaries cf the treasury. ana discussed by presidents United States. F7 USES NO OIL -HAS ROLLER BEARINGS. HAS CHILLED IRON BOXES. REQUIRES NO ATTENTION. HAS A SOLID WHEEL. THE GLOBE 18 AN ALL 8TEEL ANDIRON MILL, AND HAS THE LEAST NUMBER OF WEARING PARTS. ' Tt. urns nlarnvo u trnnKUonma an A i-m-n Fifth. Poor's manual gives a report disagreeable fact to the monev kintrs -! J 1 il taan I 1 1 T i a. . ? . THE GLOBE HAS MORE POWER THAN ANY WHEEL OF ITS SIZE of the IN THE MARKET, AND CAN BE BUILT ON A SOLID TOWER, AND WILL ALWAYS BE FOUND WHERE PLACED. with 1886 from which the following figures are taken: ' Average annual net earnings per mile, Nebraska, $4,463; Iowa, $1,676; New York, $3,656; average for the United States, $2,550. Since 1886 Poor has ceased to give statistics for states separately, only in groups. Sixth. A comparison of the official reports of the two states shows that in Nebraska the roads were far more cheaply constructed than were Iowa ; roads on account of the difference in the surface of the country, and the number and direction of the streams. There wBTc,many more and steeper grades in Iowa which make it necessary to use about twice as many engines and hands V to move the same number of cars. In other words Nebraska roads were built i&r more cheaply than Iowa roads. Seventh. The rates in Iowa are fixed h by a commission. The United States I supreme court has ruled that no com mission can put' in rates that will be "ujju8t to the roads. If Iowa rates were enlist tho corpora ions could go into the United States courts and prevent the commission from putting such rates in force. The fact is that every court that has ever passed on the Iowa rates - - has held them to be "just and reason able." The above are a few hard stubborn facts picked up at random. Columns might be filled with just such facts, figures, and com paHsons taken from official and vrel'able sources. Yet every fact, figure, or comparison that can be fought shows that Nebraska is the Jrst corporation ridden state in the ?iion. Why coutinue to pay such extortion k freight rates? ImV the peop'e love the corporations and bond-holders in whose interest it was done. They attempted to make the best of it by justifying contraction as right and necessary. But finally they found in Foster, a man after their own heart, a man of small caliber but of vast conceit. He found a very sim ple solution for the whole difficulty in flatly denying that there ever was any contraction of the currency. And now he is using all the power and influence of the national government to spread and substantiate that falsehood. Thousands of quotations might be make from the congressional record and the official reports of the depart ments at Washingtonto disprove Fos ter's claim. For the present, however, one quotation will suffice. It is from a speech delivered in the last congress by Hon Geo. W. E. Dorsey of Nebraska. Mr. Dorsey is a banker, and is thorogh ly conversant with finances. On account of his special fitntss for the place he was made chairman of the committee on banking and currency in the last nouse. can Mr. Dorsey says: Every one admits that there is an in sufficiency of the circulating medium. If we compare the amout of currency in circulation at different periods of our history, as per the following table, we find that during the years that wo had the largest amount of circulatiug medi um per capita the greatest prosperity was experienced by our people: THE GLOBE IS THE LIGHEST, SAFEST AND EASIEST RUNNING MILL WHEEL IN THE MARKET, AND DOES NOT MAKE THREE REVO LUTIONS TO GET ONE STROKE OF THE PUMP. THE GOLBE THE IDEAL MILL FOR THE FARMER, THE STOCKMAN AND THE IRRIGATOR. BUY ONLY THB GLOBB. GEO. W. HOFFSrADT State Agent, Y07 O Street, Lincoln, Neb, Please Mention This Paper. J. C. 3oKH33L.L, Successor to BADGER LUMBER CO Wholesale Retail Lumber TELEPHONE 7O1. Si0 ST. BETWEEN 7TH AND 8TH LINCOLN, NEB. FAIRBANKS AND VICTOR SCALES, Circulation per capita January 1. 1879 $17 20 1881 .21.00 1883 22.37 1886 20.84 1888 21.18 1890 21. GO that they cheerfully donate a Circulation per capita January 1. 1854 $17.04 1856.... 15.68 1858 13.27 I860.. 15.33 1862 22.69 1804 58.72 1866 52.01 j This estimate is based upon the best avai'able data as to our population, claiming in 1889, 65,000,000 of people If we can restore to the country the prosperity that we experienced from 1866 to 1873 by an increase of the circulating medium to $50 per capita, 03 urged and petitioned forbv all labor ing classes througnout the country, would it not be wise on the part of this Congress to take prompt and speedy action? Eclipse Wooden and Steel Wind-Mills. Box 302. J. P. CAROOrj, AKcnt.'Unootn. tnK