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About The Alliance-independent. (Lincoln, Nebraska) 1892-1894 | View Entire Issue (Feb. 9, 1893)
THE ALLIANCE -INDEPENDENT.
DEALING IN OPTIONS.
Ivil of ths Sjtton Ehowa Up by an Ex
peiietccd Qria Dltr. ItiDs
IT IB KOTHIIO BUT GAMBLIHG.
J. C. Motrisssjr's Vtry Iostructiv Letter
Oo Um Subject. H Xoowt
Wbersof Ht 8falui.
Lniaou rteb., janj JV IK.
Dbab Sib: Herswitn ffod'copy,of
bt oplnioni forwarded to the last con
rross and the present senate, relative
to rraia rambling: .
'An active . business experience of
alaetoen years as a receiver and ship
per of grain, and years of experience
oa the Board of Trade of Chicago, nave
given the writer a knowledge of the
abuses of the agricultural Interests as
well as the legitimate' merchandising
and banking Interest! of our country,
-whlch-are directly attributable to the
system of option trading as now prao
tioed on the Board of Trad of Chicago.
The indiscriminate option selling of a
speculative grade which represents not
more tbao six per cent of the grain of
the country and helling in round lota
forty or fifty millions o! this .specula
tive grade, within a month perhaps,
when only six per cent could be applied
oa the sales, is gambling, and tends to
. That option selling of round lots as
are daily rung up on the Chicago
Board of Trade clearing house, and
the payment of differences is gambling
of an extremely dangerous nature,
which injuriously afftcts our agricul
tural and commercial prosperity, and
that this system if permitted to con
untie mill eventually degrade one
fourth cf our young men, and discour
age the honest pursuit of agriculture,
there is not the least doubt.
Those sales of round lots on the Chi
cago Board of Trade, and through her
auxiliaries, the option shops through'
out the country are solicited ' by the
Chicago Board of Trade commission
men and their agents from young and
old men of every class, who can put up
'a margin of from one to three cents per
bushel to buy or sell an option on this
speculative grade. .
The banker, county treasurer, law
yer, physician-ana -clerk,' who can
vtart witk fifty dollars all see the
Vvtingly wild fluctuations on the In-
' '. th,.merable bulletin boards In the in-
numerable option shops, the progeny
of the great parent shop, the Chicago
Board of Trade, and - they universally
venture out of the conservative path
mapped out for them by wiser men to
sell an option on this Chicago Board of
Trade, speculative grade, and they are
forthwith lost to their legitimate oc
cupations in the great wilderness of
the Chicago Board ol trade gambling
. from which they scarcely ever emerge
fit for tbetr former legitimate occupa
tions, many of them being financially
wrecked and morally ruined. This
fancy speculative grade of grain or
pork represents but six per cent of tbe
entire product of the country, and is
invariably controlled through this
system of selling and ringing up or off
setting in the Chicago Board 01 Trade
clearing house by an unscrupulous
clique of gamblers under tbe sort- n of
the Chicago Board of Trade commis
sion wen whote interess are cor ui r
cially interwoven together and identi
THE SPECULATIVE GRADE.
The chipper of grain throughout the
country, whose actual caeh grain rep
resent but six per cent of the o-ly
grade, ( hicago N". 2, which la salable
on the Chicago Board of Trade is so
licited,', enoouraged or compelled by
contract to sell ibis ecul ulve grade
la order to do buslnis- in Chic-go, In
laet he is forced togaaiblv on' tt-Tper
cent of his business. When the . Chi
cago Board of Trade gamblers ring
up those trades in their Board of Trade
clearing house thev see how the out
side public is situated and can combine
so "equeete," using their own lan
guage, the public out of hard earned
money. " The squeeze generally lasts a
cay or iwo, long enough to - extort
money from the victimized , public,
TAen the prices settle- back with a
rush v ,;
What protection does the selling of
aa option, . representing the specula
tive graae on tne Chicago Hoard el
Trade, rive the shlDoer of trrain. when
caly 8 per cent of his entire shipments
can be applied oo sueh sales? Accord
ing to this he must gamble In 94 pt r
cent. If the Chicago Board of Trade
was not la existence and her innumer
able progeny, the option shops, the
grain merchant could do a safe dubI
stew. Most of the successful ones are
now selling the actual cash. grain in car
Jots, No. 3 wheat and No, 3 corn y
millers, exporters, distillers and mer
chants who are in direct connection
with sections who . need the grain for
actual use. In fact, the majority of
dealers see how dangerous it is to have
anything to do with the Chicago Board
of Trade, and market their actual corn
and wheat, the bulk of which inspects
No. 3, a graae below the Chicago specu
lative grade, direct to the millers and
In this way a shipper does a safe bus
iness. Ho confines his purchases and
sales to that grade of grain which the
country produces. In this way he
keeps free from the entanglements
brought about periodically in the Chi
-caeo Board or Trade.
Why did the Chicago Board of Trade
at one time change the rules of that
corporation and do business under an
amended rule for several years whioh
denied the right to members of cor
Bering speculative grade o. z, v
more than a stated difference over ho
3? Business became very dull with
commission houses. Memoersnipe
dropped in value from I3,"00 to 1800
and toe umcago jjjara ui trw v
ecinded the amended rule in 1688 or
18W, and slnoe that tune they have
had exceedingly low prices most of tbe
time with periodical corners wmcn in
variably renders the producer no benefit
aa his nroduct bcloncs to another grade
from that which is temporarily squees
ed up probably over night, to settle
back lower than ever uw next uj
thereafter whea the victims have set
tled their differeacea by the payment
of money. , ,
A SPECIES OF GAMBLWa.
.-.MoaambuelneM schemers' arganised
the 'Louisiana State ' Lottery aoouf
which the bankers and business men of
New Orleans were educated to th
fancy, owing to Its enterprise and lib
erality at an institution towards tbe
city of Mew Orleans, that it should be
encouraged, and they did help it, and
both political parties oi tne state neip
ed it, unUl the state become degraded
politically through the corruptive fund
of this gigantic swindle.
Owing to the option selling which is
permitted daily by wealthy grain gam
blers of Chicago, and scores' of other
speculators who operate through the
Board of Trace of Chicago, who can
combine and offer - millions upon mil
lions of wheat or corn and depress the
market at will, or below its normal
value, a giVat Injury is dons to the
agricultural interests at largo. If the
government estimates of a orop are
large those speculators sell tbe crop
months ahead for this producer and de
press the price far below the cost of
The prices are then kept down until
those combined speculators arc able to
buy the product from the country snip
pers at a depressed and stagnant prioe,
or settle with each other by ringing
up in their Board of Trade clearing
house This depression 4s generally
kent antil the actual grain . is mov
ed oat of the far man hands, . and ' then
the nrioes art rushed un probably to
remain Op for twenty-four hours' ia or
der to oatoa lot money we row uoiorw
nats shippers who were advised to sell
a speculative grade as a pretsctioa
against their shipments. .
Why should there be a necessity to
sell a speculative grade representing
6 par cent of the product 61. the coun
try? Is it necessary that coal should
be sold in round lots and rung Op? Is
it necessary that No. 2 live sheep or live
cattle shou d be sold in round lots and
rung upon the ChicagoBoard of Trade?
Is it necessary that flour should be sold
ia ronad lots and be rung up? Is it
necessary that Mo 2 potatoes should be
sold in round lots and rung up on the
Cnicasro Board of t rade?
It is jnst as necessary for commercial
fmrposes to sell Chicago No. 2 wheat or
Chicago No Z corn, or Chicago mess
pork, as it has been to sell tbe othej
products enumerated In order. tiOuCf the
legitimate business of tho country.
being the oSspring of the Chicago
Board xt 'Trade and receiving its daily
nourishment trom the parent institu
tion, not be the principal participant
in bringing about the depression of our
agricultural products as the bucket
shop could not exist one day if its
f )b rent succumbed to the rigorous en
oroement of honest legislation. More
misery has been entailed on the public
at large by the system of option selling
as practiced by the Chicago Board of
Trade than any other sysU-m of gam
bling that was ever in voguo in the
history ef nations.
.Where is there a hamlet or town in
the United SUtes which supported for
any length oi time one oi these on-
springs of th Utucago Board oi rrade:
an option shop with i s bulletin of wild
fluctuation'', that cannot show large
losses for the victims who were in
duced to trade through those agencies
with the Board of I rade of Chicago.'
Invariab y t.his money find its way
into the hands of the combined Chicago
grain and pork gamblers 1 believe
THE PROPKR REMEDY
r this kind of speculation is to enact
special federal ia, hich would en
tree the sale onl of ruch property as
the seller as ihe Hctual owner of at
he t ne of such a sale, and if a 6ole of
No. 2 corn was made, no suoh sale to be
permit ed as legol unless it was under
stood and agreed by the parties thereto
that the buyer nnould accept No. 1 corn
at the- coromercal difference of not
m re th n on-! cent, sales of No. 2
heat to be settled in the same manner.
likewise mess pork to be setted by the
delivery or other pom products, such
sines, shoulders and bams, at the
fixed commercial difference in price to
be agreed upon at the time of such
aie in order to make such sale a legal
one. This remedy would ' counteract
the wild ' fluctuations', and universal
gambling la the speculative ana vision
ary grades as now conducted by th
Chicago Board of Trade.
we believe the agricultural interests
of the oountiy upon which binge the
prosperity of the industrial and com
merciai interests need a remedy lor the
present existing vil of option selling
and ringing up of those fancy specula
tive trades on the Chicago Board of
Trade as now practiced by that insti
tution under cover oi a state charter.
J. C Morri8ky.
January 17, 1803 Lincoln, Neb.
- A acoeasfail Job of Dentistry.
Mrs. Bosemeyer ef Superior, 150
miles away, after having tried several
dental experts, arrived in Lincoln
Tuesday, and having heard if Lincoln s
successful dentist. Dr. A. P. Burma,
she decided to give him a trial. ' The
doctor went to work on the case Wed
nesday, and after making a careful
study of the features proc eded to rem
edy the patient's diecoiuforture. Yes
terday Mrs. ttosemeyer called at the
office much pleased with her ut-w set of
teeth and expressed her full satisfac
tion of her teet'i and uva ment. Mrs
Bosemeyer said: "Why, I put th
tteth in my mou h Inst n itht, wen t
the hotel and ate 8 per, had them in
all night; ate breakfast this tuornin
and all during that time they felt a
comfortable as hough they were ni
own natural teeth , rhl- win k speak
well for Lincoln tale, t ..nd is certaiim
creditable to Dr. Bun us, ho ia luuaU d
at O btrev t
1 i i . - i .-, hif ft
AGAINST FOREIGN ROADS.
Tfc rraMat & MMg ( C-
fm Ami rrl TraaprttlM.
WAsmxarox. Feb. 4. President
Barrlson sent to the bouse 'yesterday
his message dealing with the subject
of the transportation of foreign good
into the United States across the
Canadian borders under consular seaL
The presdent discusses at length the
treaty obligations which affect the
abject growing out of the pro
visions of article 29 of the treaty of
Washington and arrives at the follow
ing conclcsieaK "
TO Tb articls 9 ths trssly ef
WMhias-toa tM been itwle4
"ftceofuj That ve if this artiols WM la
fofc41tme J nahm InJfs to cseut It-.
" Third TUt wbea In force, the treaty fnv
posed no obligation upon too United HtatM to
uas the ooaoeMioas as te transit saatie by
Canada, sad- to tymiutioo upon the powers of
17m CnlcedfiUtarlnjfMUnc with mercnandlM
Imported for the um ef our elUitu tbroosn
PiiifltM ports or paMlns' from one place in
tbe Cntted States to another throuch Canada,
opoa the arrival of such merchandiM at our
FottrthJ That " therefore, treaty or bo
treaty, the question of sealiny oars eootainlnic
sack saerehandise and the treatment of snoh
sealed ears when they croM our border, U and
always has been one to be settled by our laws
eooordtns to our convenience and our Interests
as we may see them.
"Fifth That the U autborizinir the seating
of ears la .Canada, oontaialns foreign but
ehandiM imported from a coo tiguous country,
does not apply to mere handige-.lm ported by
ear own people from countries not eontif uous
(Chins and apD and frr!v4 through Cana
da for delivery tosuca owners.
"81itbTht tbe law did not contemplate
the poMlng- of sealed cars to any place not a
port. nor the delivery of such car to the
owner or eontlcBM to be opened by him with
out the supervision of a revenue officer.
'"Seventh That such a practice is lnoonalst-
eat with tbe safety of the revenue. The stat
utes relating- to the transportation 01 mer
chandlM between the United States and Brit
ish ponMMlons should be the subject ct revis
ion. The trcsM'ry regulations have given to
these laws ' i' ruction and a scope that I
do not think contemplated by congress.
A policy a4' t the new conditions grow
ing In part u.( .1 lue construction of the Cana
dian Pacific railroad should be declared
and the -business placed - upon a baais
more juM to our people and to our transporta
tion companies. It we continue the policy of
supervising rates and requiring that they shall
be equal and reasonable upon the railroads of
the United States we can not in fairness, at
tbs same time, give these unusual facilities
for competition to Canadian roads that are free
te pursue the practices as to cut rates and
favored ratM that we condemn and punish if
practiced by our own railroads
"I regret that circumstances prevented an
earlier eiaminatlon by me of theee questions,
but submit now these views, in tbe hope that
they may lead to a revision of the laws upon a
safer and most Just basis.
"Siecutive Mansion. February 2, 18W."
Associate Justice a
Bls-b.t' UemocraU ,.'
: Wabhisotos, Teb 4. Tddge Howell
E. Jackorvl,vrhonj -resident Barrl-
sor. ti fibminated to Bucceed the late
Justice Lamar on
the United States
bench, is a Demo
States senator, and
1M k. nwunt iAtrtl t9
fojlhe United States
Troourt for tbe ols
ltr.ct of Tennessee,
to which position
ho was appointed
3VDOK JACKSOS. in li80 by Presi
dent Cleveland. He was bora in
Paris, Term., in 1833 and graduated at
thi West Tennessee college in 1848 and
then paesed two years in the Universi
ty of Missouri In 18:9 he removed to
Memphis and was twice appointed a
udae of the atate supremo, court, no
removed to Jackson iu ' 18T5 and was
elected a representative in tho legislature-
in 1890. -He was elected United
States ienatbr frm Tennessee for the
term beginning March 3, 1881, but re
signed in 188C to assume his present
Inquiry about the capitol shows that
the appointment is considered from a
judicial, naturally not a political view,
as a splendid one. About the supreme
court it is said that President Harrison
has shown once more a great deal of
judgment in his selection of a man for
a place on the bench of , the highest
1X1 UUI1UL 111 V1LU UUU. lb ia DWWU but,.
Mr. Jackson has made a fine circuit
judge and no doubt is entertained as
to his making a good justice. The ap
pointment was a great surprise to the
Tennessee oeiegatioa in tno nouse.
The two Republican members
felt sore over the selection of a
Democrat and a states rights man, but
when asked as to Mr. Jackson a per
sonal fitness, conceded that his char
acter and abilities were all that could
be desired. . The selection was politi
cally no more pleasing to some of tho
D-iiiiOcratic representatives who recall
pthe fact ' that Judge Jackson was a
leader of the "uoshoot Democrats of
Tennessee," an element which made a
warm, but unsuccessful fight within
the party in favor of the payment of
the state debt dollar for dollar. The
men said, however, that the new judge
wan strong, clean and able. , , .
The nomination came aa a great sur
prise on the senate side and was re
ceived while the senate was in execu
tive session. There 'will ,be no com
ment made on the "floor, but the ue-
pub. leans gathered about in little
groups and discussed it. With tho ex
ception of a few who think the presi
dent should have appointed a Republi
can, the nomination was well received.
There is said to be little, if any, oppo
sition to his confirmation.
Prices were quoted as follows: No. I hard
wheat, eaoi No. S hard wheat, MWHo:
No. hard wheat, 5aS6o; rejected hard wheat,
f7Q6So; No. t red wheat. &4Ho; No. 8 red
wheat, 5Ss No. 4 red wheat, 6aSTo.
Oosut Sold about Mo lower than yesterday,
as a rule. There was fair shipping demand at
tbe decline. The offerings wero fair. Receipt
1 M cars against 44 cars a year ago.
No. (mixed corn sold at J&Vt&sao; No. 3
mixed, Sf3SHo: No. 4, Sto; No 8 white, 37o;
No S white icvto: No, 4 white sold at 8fc Ship
pers paid 30o Mississippi river and 4to Memphis
(orNa 8 corn: No. S sold at Ho. Miss
issippi river and 43o Memphis. No. & white
Mid at 0orlver and43Ho Memphis.
KANSAS CITY LIVE STOCK.
K Ass as Crrr, -Ma, Feb. 4. Cattle-Re-
letpts 4.474; calvoa, 44: shipped yesterday,
I.eXkV. The market opened strong to 100 huher
for steers and cows, and closed dull and weak;
Dressed beef and shipping steers, 3S;
-sows and heifers tZSbt: stookers and feeders,
B 2S4.10: mixed, K 0t.2.
Hok Receipt, 8,157; shipped yesterday,
573. They opened stronz and olosed dull and
reak. Prices ranged from M to tf.85 per 100
bs, according to quality. j ,
Bow TalaswAro Manlaalated.
By far the greatest general evil,
and the most serious wrong to the
people, growing cut of the national
banking -system, comes from the
power they have under the system,
and a power they freely use. to in
crease or decrease the amount of
money in circulation at their pleas,
are. Wh?n money is scarce prices
are low; when money is plentiful prices
are high. By issuing more money or
withdrawing that in circulation, the
bankers make prices high or low.
When they want to sell they loan
freely and sell high!. When they
want to buy (hey stop loaning and
tray cheap. .Thls is notdlBne in occa-.
slonal cases! but is systematically
practiced! ' Every J year when the
great erops-of tho country, cotton,,
grain, eft, are harvested money "be
comes tight, because the banks call
in the money, and prices' fall in the
interest of the speculator, who gob
bles it all up; when the last is in the
speculator would sell, - money la
again plentiful and prices high. . I
Have you ever borrowed $1,000
when cotton was ten cents per pound
and had it to pay when cotton was
five cents per pound? You had to till
twice as many acres to get 11,000
wbenvyou had to pay as when yon
borrowed. ' In other words your debt
was doubled. fhit if the power we
have placed in the hands of" moneyed
interests, whose only regard for the
people of the country lies in ' the
amount of money they can squeeze
out tbe ' power to say that every
man's indebtedness shall be doubled,
that the value of the soil tiller's and
wage earner's product shall bo cut
Vol only has there been a sys
tematic and continued contraction of
the money in -circulation -for tbe'p8V
quarter of a century in this country,
a contraction brought about by legis
lation, instigated by and in the in
terest of the money power, legislation
which. has constantly increased the
purchasing' power of the dollar, and
by doing this depreciated the value of
all our p.operty and products; not
only is there a periodical contraction
at harvest time each year in the in
terest of speculative buying; but
bankers, speculators and money lend
ers frequently precipittte money
stringency., simply because they can
make more by hoarding than they
can by loaning at ten per cent.
They can absorb faster through
bankruptcy and foreclosure, rendered
unavoidable by the scarcity of money
they have created and they never hes
itate to squeeze and take.
The delegation of this power to
control values by the manipulation of
the volume of the circulating medium,
to private corporations is one of the
burning Iniquities of modern times.
The subborning of legislators by the
stupendous interests which benefit by
it, has given color of law to , whole
sale robbery , which in the amount of
plunder, and in the result of reultant
misery and suffering, has been before
unequalled, even including the results
of conquest, in the annals of his tory .
Said Salmon P. Chase, Linooln's
secretary of tho treasury: "My
agency in procuring . the passage of
the national bank act was the great
est financial, mistake, of my life. It
has built up a monopoly that effects
every interest in ; the country. It
should be repealed. But before this
can be accomplished,- the people will
be arrayed on the ' one ' sido and the
banks on the other, in a contest such
as wo have never seen in this coun
try." Jacksonville Advocate.
' English Farmers Aroused.
All parties in England admit that
there is a crisis in agriculture. The
farmers are organizing and discussing
the situation. The past season has
been unfavorable for nearly all kinds
of crops, and those who have turned
their attention to stock raising have
fared no better, for it is claimed by
English agricultural papers that
stock raisers have been losing money
for several years.
The concensus of opinion among
the farmers seems to be that extor
tionate rent is the cause of the depres
sion. That under present conditions
they find it impossible to keep the
wolf from the door, and have anything
left to lay up for a rainy ; day..- The
big city - papers of London, like the
great dailies of America, ascribe the
depression to other causes. . They
presume that the' "ignorant farmer"
does not know what he needs. But
that agricultural depression exists all
agree. The : agricultural' organiza
tions have 1een discussing the matter
till they, have decided to call a na
tional conference at , which - it is
thought certain f grievances will be
formulated, tod. certain demands of
the government made.
The rapid growth of the agitation
among the farming classes and their
lemands for legislation to relieve tbe
leprossion, has prompted the govern
ment to appoint a cabinet committee
on agrarian 1)1118. It is thought.
however, that the government policy
will not take definite shape till after
(he national conference of the farmers
lecldes what is the host course to
pursue. . -
The farmers 91 &ngiana, like their
brothers in America, have been en
gaged in producing wheat, corn and
potatoes, etc., and letting . the land
lords and the wealthy class make the
laws till they are well 'nigh bound
hand and foot. But they now see
that "he who would be free, himself
must strike the blow," and if the
present awakening continues, their
rights will soon get substantial gov
ernment recognition, and their de
mands will gradually be acceeded to.
Ihe English farmer, like the Ameri
;an, is the victim of class legislation,
the hand of tho money changer is
apon them, and only by education,
organization, persistence and deter
mination can they ever hope to break
jhe plutocratic grasp. Journal of
THE COUNTRY ROAD.
The pathway of life may be narrow and steer
but the road through the country is steepKr.
The pitfalls and snares that beset us are deep;
But tbetottd that surround us le deeper.
Thar r tenoe rails for bridree aad mod holes
And hard heads and boulders for rravel:
And brokea-dowa waggle m hillsides and
OIt warnings, hke ghoMs, ae we travel
Bk horses, by work and abuse broken down.
Case at as from roadside aad siabla.
Young asea reaching wistfully out toward the
Or seeking Its portals whea able.
pesertsd farmhouses; th fences decayed.
And tbe breese through weed patches
Where onoe happy children rejoiced as they
. Bide ami! seek,-- whea the field corn was
What iy for th youth, as his longings ex
pand, - IneWesorwtrfeenahTow: 7 '
Sis prospect mid all opportunities grand.
But to follow the plow sad the harrow. .
Half ban i bed from hop sad chut out of th
By a flimsy but tangible ccr!;
Society's pleasure away from him hurled
The roods are so very "uncertain."
There's little enjoyment ; la life scattered
'round, . ,
And little of profit or pleasure.
Ia roads where) the bottom can scarcely be
. With leas than a sevsn loot measure.
Let us seek some reform then, at once, e'er v
lose , . .......
All trace of our roads from our anjials:
And make surface roads that the public oaa-
llfBCf ' - V
Or else take th usderrround channels. -Wilder
Orahame ia Uood Roads.
Aoarb Cussedness la
Oliver & Jones of Arkansas writes
to tbe Sentinel. : ' I inclose a ballot
that will show some little of bourbon
cussedness, ' Let' it bo remembered
that the whole election machinery is
In the.: hands : of ' the faimeSgahg of
bourbons that made the law, and that
all the judges are bourbons, and that
no. one fcut a, judge ef . elation, Js.per
mitted to make out tickets for those
who cannot write foot even federal '
supervisors) and that nearly all the'
colored voters must depend on these
bourbon judges to mark their tickets,
as few of them can read and you
have a picture of a fair election (?)
in Arkansas. Bat this Is not the
worst feature of . the infamous busi.
he as. After the votes have been
polled the same bourbons have abso
lute control cf the ballot box and can
take a whole day after election for
doctoring and 'fixing things" to
their liking. You will note how the
ticket is printed, and under the law if a
voter crosses one name above 8 (tbe
number ef electors of the state) the
ballot is thrown out as informal. "
Now to attempt to corect the abuses
and frauds perpetrated under this in
famous law would put us in the at
titude of rebels against the state; and
would bring the state militia, and if
needed, the federal army, to crush
out the "anarchists." So cur friends
of the West must not think we have
failed to do all we could under the
law, but that the law is such a devil
ish machine that we can do nothing
without resorting to downright re
bellion and revolution, and under the
circumstances this would be , wrong
even if it could be , made successful.
We believe the people will get waked
up to the situation as it is, and cast
off the scoundrels who now rule the
roost. They are the town rings and
the toyn dudes that are doing all the
dirt, The great common people" are
not in it We are in the fight for 6
and don't you forget it.
. Crushed to the Kartb.
Statistics of farm homes and mort
gages in Iowa show that 29.57 per
cent of the farm families hire, and
70.43 per cent own the farms culti
vated by them; 53:29 per cent of the
farm owning families are subject to
incumbrance, and 46.71 per cent are
free. Among every 100 farms thirty
are hired.thirty-seven owned with in
cumbrance and thirty-three without.
On thoee owned there are liens
amounting to $101,745,924, which is
33.29 per cent of their value and this
debt bears interest at the rate of 7.S6
per cent, making it average annually
$97 to each family. Each incumbered
farm, on the average, is worth $3,964,
and is subject to a debt of $1,319.
, Almost forty-five per cent of the
homes are hired and 55. 04 per cent are
owned; 73.24 per cent of the latter
are free of incumbrance; 25.76 per
cent are not. In - every hundred
homes'forty-five are hired," fifteen are
incumbered, and forty are free. The
debt on owned homes aggregates
$17,766,890, or 83.17' per -cent and
pay an average of 7.66 per cent in
terest, to each home the annual
amount' averaging $51. On each
home there is an average debt of
$659, the value of which is $1,987.
There are twelve cities which have
a population greater than 8,000 each
In these 64.68 per cent; of the homes
are hired, and , 45.22 per cent are
owned: of the latter, 35.58 own with
incumbrance, and 64.52 are free. ' In
every hundred homes . nity-six are
hired, sixteen are inenmherea ana
twenty-nine free. The liens on the
owned homes are 33.70 per cent of
the value of those subject to liens.
Several averages show that the rate
of interest is 7.45 per cent; value ol
each owned and incumbered home.
$2,710; lien on the same, $913, and
interest charged yearly, $68. West
Progressive Farmer: There will
be some loud calamity howl
ing done in New York and vicin
ity one of these days. First, the coal
mines raised the price of coal. Next
the railroads raised the freight. A
few days ago the retail coal dealers
in New York raised the price 25
cents per ton. There is now nothing
left for the people but. to stand and
be robbed. There is a fair prospect
of another rise all along the line.
The South has been the paradise for
trusts a long time. Now that the
Northeast ia getting pulled at such a
vigorous rate, the chances are that
the calamity howlers will be heard
I from pretty soon.
rVlll III lilllll
6& FILLED WATCH
Ss Gnaranteed 20 Year."
FREE - r-- "!;"?
II 1 tt .vi a ,,- I
ftmiiiiri wmwi rw r-. m ,
V TmI MAvtorVs'T'O
jk at nroRTisa CO..
r mtarswsfe,Caiaft, raau.
White beaas, honey, sorgham molasses
butter and eggs to sell on commission.
J. W. Hartley,
" Bute Agent
Notise to Bridg Builders.
Nttr l hoik, rtm.ii thkt Uu Cowstv-Doara V
of Hupervbtors of Uarlaa County, Nebraska,
will reeelv srsled bids for the ereceUoo of au
I ma Bridge across the itepoblfcaa river about,
two and one-quant- miles east of Republican
4'Ky. at a point known as Horn's Ford; said
bridge to consist of four (4) rpana of sixty 00
feet each, and to rest na iron tubings, tbe road
bed to be 16 feet wide la the clear aud floored
with H inch oak flooring. ,
Also for one wooden combination bridge at
same place and of same dimensions la erery
MMi.l.YMnt th,t uma iu tst Mat on atstn..
Scaled bids must be filed with the under ''
signed on or before noou of March IS MO, and
must be accompanied by a bond with good
aad snfBcieut sureties in double the amouat
ot tbe oniract price in ease the contract la
Tbe be ad. however, reserves the right to
reject any and all bids.
In witness whereof I have hereunto set my
1 I band and affiled the seal of said ooua-
1 LA. Vty this if day of JarmafyA, IS9S,.
S4-4t County clerk.
Notice to Brie gc CnUctors. .
Sealed proposals will be' received at th of
flea of the Countv Clerk of Saunders County. --
Nebraska, untU soon of the 7tb day of March.
l8M,forthefurnUhlnf of all material and la
bor necessary for the construction and eom-
pieuon of au pile onogea twenty leet mmg ana -ovw
that may be built during the year 193 lu
said county. - i-
. said bridges to he constructed of White or
Burr oak. except the railings which shall bo .
of tine, aad the jolsi s which sbaU be long
leaf yellow pine Kx 11 All material must be
of the best quality, all piling must be of White
or Burr oak and of the necessary length for
tbervspecuvebrtagesaaa not measure tees
than ten Inches la diameter in center of length
aud whe more than twenty-six feet in length
must measure fourteen inches ia diameter in
center of length, and must be three pile u Um
oeut raiu uiub wun m im ftwwm luuu
road way and must state the price per lineal
foot Each bid must be accompanied by plans
and spr locations or the same will not be
considered. The Board of County Oommla-
1- -nera reserve the rlgbt to n-ject any and all
No bid will be considered that is not ac-
co . pauled by m certified check in tbe sum or
two hundred dollars as an evidence or good
faith on the part of the bidder. The party re
reiving contract to execute a good bond ia the
sum of two thousand dollars for the faithful
performance of the same. All proposal
should be mid reused to VY. O. Rand, County.
Clerk, and marked "proposal to bridge build
rs " ft
By order of the county commissioners or.
Saunders Count?. Nebraska. - 1 1
wanoo, ncd., Jan. zr. leva - !..
W. U KANU. f -v- 1
SAYS SHI CANNOT SEE NOW
YOU 00 IT FOR THE MONET.
Bj as 40 laerm Oifert Staw
ilrtrf, JmM km met.
ytfM Ml Mlrtlr,
rSSS. Si wtiM togwMiwf fcr iymt. Sa,
Nt lb Mt tef9. td a... Mm u4 MM
r rue trui u4 ruts CAtAtoet-s.
OXFORD UFO, CO, DEPT. 274 CMcags, (0,
R IRAN S $
REGULATE THE -
STOMACH, UVER AN8 BOWELS
AND PURIFY THE BL00O.
RIPAKS TAB C LBS are the be Hedt.
elae kaewa for l4lgf Mla. B111m.
Meadafhe, Oeatlaala, l)yapeela,.CarMls
Liver Treakles, IHaslaewH Bad Oraalexloa,
tfyseatery, OffenslTC Breath, aad all dls.
erSers ef the ttteaiaea, Liver and Bewels.
Rlpans Tabulae contain nothing inlnrioos to
the moat deUoate coontituttoa. .Are pjvamnt to
take, mtie, Sectoal, and give Immediate relief . '
1'rioe Box IS TiaJ), 75 cents Psekase (4 buxea),
$2. May be ordered through seareet druggist,
or by mall. Sample tree by mall. Addretw
THE RIPANS CHEnflCAL CO.,
M SPRUCE STREET, SEW VOBK CITT.
much valuable information from . study of this m of
JElCaPi MOCK ISM & mm UJ
Tbe Direct Heal te and from CHICAGO BOCK
ISLAKD, DAVEKPOBT, DBS U0INE8, COlTXCtL.
BLUFFS, OMAHA, LINCOLN, WATEHTOUST,
SIOCX PALLS. UISVBAFOLIS, ST. VAVL, ST.
JOSEPH. ATCHISON, LKaVENWOETH, KANSAS-
crrr, toteka, cenver, colobaoo speings;
and FCEBLO. Fne Reclining Chair Cars to ana;
from CHICAGO, CALDWELL, HUTCHINSON snA
DODGE CITY, and Palace Sleeping Cars bettrtar.
umuavrv. jwnmta aoa MeiviUHeW. . .
SCIO VESTrai EXfT.ESSTrj.IXt
of Thieurfa Coacbas, fflerpen. Fret ReeHnlng Chair
Cars and JMalng Can dally between CHICAGO, 1)K9
MOINES. COUNCIL ELTJFFS, OMAHA snd LIN
wua, son mieia vaiVAUU ana il&H VE&V
COLORAXIO SPRINGS sod PUEBLO vm St. JowphT
smsi i jy"J aira awsaSBa- AV4JlgUVagj 01 IF. WKisT
Cboic oT feosrtH to avod trom BU tah, PortUod, Lavy
Irum Piste's Pc&k, MuritsMi. Gurdtn of tbo Qoia tM
Via The Albert Lea Route.
Fast Escrsss Trarn alte . between ChlrslM.'aLC
Mlntmpnllw end 8t Irani, with THROUGH Recili.lLg
ChslrCsri FREE, to snd from those points and Kt
as City. Through Chair Car and Slramsr tetwrea
Peoria .Spirit lAko and Sloos Falls Tl a Stock jUiwi.;
The Vac.aite Line to Watertown. SIook Falls, tbe
Hummer llanrti aud Banting and Fishing Grounds at
Fur Tickets. Uapsjfolder. or desired InfornVloti
appiy to any Coupon Ticket Offlca, or address
E. ST. JOHN, JOHN SEBASTUh,
Geo! M-MiSBtr. , GenlTkUaPaM. Agt,
cnoaoor u.x. . "
A new an4 Oamplete Treatment, oonidntiag ot ,np
a i-eaitive imie ror jutrmai. internal. Hiin.j nr rima.
many oiner aimiw ana temaie weaknesses: It hi a
iiwiiuk. vBiwiinj, .mku. 'i iicrcuirv i'ihsh. an
wiui inf riiiiv! nxiDccrwiry DeroHireT. luv rstneilv haa
Km men nuuwu w ... u. 1 iw ut,s u 1 1 m (j:,. gpaa
bv mail. Why nulTer from thin terrible d:m-e vh,.a
w....... ... 4.. :i a, a m
s written gnunntes is poartlvely given with boxer,
to refund the money If sot cured. Send tamp fcr
fine sample. Guarantee tamed by 3. H. Hariey.dras.
(nut, sole agent, Uth and O stroets, Linouln. Ken.
n 7 zn
s iart simii
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