7
The Afliance-lndependent
(The Alliance-Independent
)
Is lb I
A teats!
11
4
,
Advertising medium
In the west It la especi
ally valuable as a means
of reaching the farmers.
Its circulation la aa large
la Nebraska aa the cir
culation of all the "farm
Journals" combined.
Give Thk Ajxiancs
braxpxXDEirr a trial if
you want good results. .
VOL. V.
For Three Hours he Pleads the Game of
the White Metal in the loose.
i
VjETTESTHAS HIS TARIFF SPEECH,
J
iRYAN'S SILVER SPEECH
(j history, Figures, Logic, Wit, Wisdom,
A aad Eloquence all Combined No
Compromise With the Monty
Power,
A Fall Report.
Mr. Speaker: I shall accomplish my full
?jrpcM if I am able to imprsss upon the
aembert of the house the far-reaching
eoneanen:ei which mar follow our action
J and quicken their appreciation of the grave
i responsibility which presses upon us. His-
toriana tell ua that the victory of Charlea
i I Marts I at Tour determined tha his tor v of
all Europe for centuries, it was a eontest
bstwssn the Crescent and the Cross," and
hen, oa that fateful day, the Franklah
itltiaA A rsWA 'rwtV thai tf I At Aral t9 A hit a. P.
raman he rescued the west from "the all-
ieatroying grasp of Islam" ana saved to
lurope Its Christian civilization. A
reater than Tours is here I In my bumble
idgmsnt the vote of tble bouse on the
subject under consideration may bring to
V.. the people of tht west and south, to the
A people of the United States and to all
i mankind weal or woe beyond the power of
J i language to describe or Imagination to eon
f 1 celve.
I In the princely palace and in tht hum-
blest hamlet; by the financier and by the
poorest toiler; here, In Europe and every
where, the proceedings of this congress
jJ upon this problem will be read and studied;
fji and a our actions bless or. blight wt shall
be commended or condemned. The presl
f 1 -dent of the United States In the discharge
f of his duty a be sees it has sent to eongress
, a messsire ealling attention to the present
financial situation and recommend
Ing the unconditional repeal of the
-Sherman law as the only means of secur
ing Immediate relief. Some tutsidt of
this hall have insisted that the presidents'
recommendation Imposes upon the demo
cratic membera an obligation, aa it were,
to carry out his wishes, and overzealous
friends have even suggested that opposi
tion to hie vlewa might subject the hardy
dissenter to administrative displeasure.
They do the president great injustice who
presume that he would forget for a moment
iue independence of the two branches of
congress, tie would not be worthy of our
admiration or even respect if he demanded
a homage which would violate the primary
principles or zree representative govern,
ment
TO WHOM ABB WX HI SPONSIBLE i
Let his own language rebuke those who
would disregard their pledges to their own
people in oraer ro aispiay a false fealty.
In the message which he sent to congress
in December, 1885, he said, in words which
may well be our guide In tbls great crisis:
"The zealous watchfulness of our constltu-
t eneies. great and small, supplements tbelr
Suffrages, and before the tribunal they es-
tablish every publio servant should be
Judged." Among the many grand truths
expressed felicitously by the president
during his public career none show a truer
conception of official duty or describe with
mure clearuess the body from which the
member receives his authority and to which
he owes his responsibility.
Yes, Mr. Speaker, it Is before the tribunal
established by our constituencies, and be
, fore that tribunal only that we must appear
V .v for judgment upon our actions here.
i When we each acceptod a commission from
V 4 180.000 DOODle we nledired ounelvi tn nro.
tect their rights from invasion and to re
ilncl their wisiies to the best of our ability,
and we must stand defenseless before - the
bar if our only excuse is "be recommended
it" And remember, air, that these con
stituencies include not bankers, brokers.
and boards of trade only, but embrace peo
ple in every station ana condition of life;
and In that great eourt from whose deci
sion there is no appeal every voter has aa
equal votee. That the democratic party
understands the doty of the representa
tive, la evident front the fact that It found
It necessary to oouconeur in a similar
recommendation made by the president In
In tha nHlin whlrh tia unl - ,K
inth congress at Wie bet-lenlna- of
rsi session, we una these words: I
J . i'rui
i'rorrlt hesitates udoi our tlmuh.ilil ha-'
Un tl 111 UIDlin ftUJ Uni',HllillM ink
aiiil thi uumtlon. Cauitai llmidlv
brink from trad, and laviat.ira iiL
iu to lata tha ehanra t.1 tha
hape In wbH h tamr tnotivy will tw rlarasd
to Uiw. Ula tolnrpriM halts at a rt
aireitisiabUb car sal eMeiluut waasta.
maul do AM aruU.t "
At a faeaarv (SiQ.llianrv lah. Uk.
lt Ulxitt a l.tli.a ,, .,ur .!:.. .
atwiallr aiiLCU lo thararaful Ct'li.) J.rnn
v, iM IB UUU,, til WtfUialtun
, tto Iniurval BmiU to U u alruaflv it a taf
ud lUM eurraury hIIh vatriref ih
WtnvUri. t rt"uiria4 U tvwpauciwa
ft lea ronipulMwr vl at tilt., Uullar.
f tit.-ta t tt, U m m Nbruerjr,
I, It will be een Ibst thi same ferees were
!j at wot tbsa as tui toe same aenrehen
X' tteestilsieii as tew; tfte saute pressure
ft wss tireefltt freia the same sou it m u
fsver ef the dissnisa of slivsr; but the
mentbsre of eftsa, refwiut ta take
eeeasel et Ibetr faera, shnM bf toe reeerd
ef (Hit gttat psrt.es and ly Ue aattua'e
iu.iy, ed ratsint J the eoiasse of sllvei
es tkaa r tiled f. Let it be said to the
Veitef las dstiMM-rsiie psrti ihst la tae
kue only iktitvthre ef It asenUie
fru4 to euspeati Ue Uisa law, wm.e I JO
are rte4 4e:tisisiHiMtwa. Ttute fcae
toa4 it, at b esambaie, KSseuufl tat
lOk,(,f It.,), opia. wt aiaat that
I lltMlll. ,u4 A, I tfa.,,U, fr.
i t ai
I ,tu4f I
L fast,iM
m aet feiiew bit tug-
Tna uittAoi.
1 havt read with cart the message tent
to as last week, and have considered it In
the light of every reasonablo conatruetlon
of whieb It it capable. If 1 am abla to
understand Its language, it poiata to the
burial of stiver, wita no promise of resur
rection. Its reasoning Is in tat direction
of a slnglt standard. It leads irresistibly
to universal gold monometalliam tot realm
over whose door It written: "Abandon
hope, all ye who enter here I" Before that
door I atop, appalled. Have gentlemen
considered the effect of a singla gold stan
dard universally adopted? Let ua not de
ceive ourselves with the hope that wt ean
discard silvtr for gold, and that otbor na
tions will Use It up and keep it at a pact
of tha world't currency. When all the
silver available for coinage eould gain ad
mission to tome mints and all tbt gold
available for coinage would find a plaee for
mintage, and tome nation iikt francs
maintained the parity by meant of bi
metallism K was of comparatively little
Importance whether a particular nation
used sliver or gold or both.
Exchange did not fluctuate and trade
could be carried on without Inconvenience.
But times have changed. One nation after
another has closed its mints to silver until
the white metal hat in European countries
been made an outeut by legislation and
has shown a bullion value different from
Its eoinagt value. India at last, guided by
the misrepresentations of the metropolitan
press, wbleh proclaimed at certain what
waa never probable, has tutptnded free
eoinage, fearing that this country would
stop the purchast of silver. If the United
States, the grestest sliver producing na
tion, which bow utilizes more than one
third of the total annual product of tht
world, tloset its mint to tbe eoinage of ail
rer. what assurance havt wt that it can
retain Its place at primary money la tht
commercial world?
AIT UOHIST DOIXAB
it It sot more reasonable to suppose
that a further fall In tbt bullion value of
sliver will be followed by a demand for a
limitation of tha legal tender quelitlea of
the silver already In existence? That is
already being urged by tome. It it not
reasonable to fuppost that our hostile
action will lead to hostile tctlon on tht
part of other nations? Every country must
have mosey for its people, and If silver le
abandoned and ' gold tubttltuted it
must be drawn from tht world't alraady
teanty aupply. Wt bear much about a
stable currency" and an "hontst dollar."
It it a significant fact that those who havt
spoken in favor of nnoondltional repeal
have for the most part avoidtd a discus
sion of tbe effect of an appreciating stand
ard. They taka It for granted that a gold
standard is not only in honest standard,
but tne only ataoie stauoara. ; l aenounee
that child of Ignorance and avarice, tha
gold dollar under a unlveraal gold stand
ard, as the most aisnonest aoiiar wnion wt
could employ.
i stand upon tne autnority or every in
telligbt writer upon political economy
when 1 assert that there It not and never
hat been an honest dollar. An honeat dol
lar la a dollar absolutely stable in relation
to all other things. Laughlln, in bis work
on bimetallism, says:
Monomeulllats do not as la often said be
lieve that gold remains absolutely stable In
value. They bold that there is no such thing
&a a standard of value' for future payments
la either gold or silver which remains abso
lutely Invariable.
He even suggests a multiple standard tor
long-time contracts. , 1 quote his words:
As regards national debts, It la distinctly
averred thtit neither gold nor silver forms a
Just measure of deferred payments, and that
If justice In long contracts is sought for, we
should not snek it by the doubtful and untried
expedient of International bimetallism, but
by the clear and certain motbod of a multiple
standard, a unit based upon the selling prices
of a number of articles of general consump
tion. A long-time contract would thereby be
paid at its maturity by tbe same purchasing
power as was given in the beginning.
Jevons, one of the most generally ac
cepted of tbe writers in favor of a gold
standard, admits the instabilitv of a single
standard, and In language vory atmilar to
that above quoted auggests the multiple
standard aa tbe most equitable if practica
ble. Chevalier, who wrote a book iu 1853
toahow tne Injustice of allowing a debtor
to pay hia debta tn a cheap gold dollar, re
cognized tne same fact and said:
If the value of the metal declined, the cred
itor wouia suiiiT a loss upon the quantity he
bad received; if, on the contrary, It rose, the
uooior woina nave to puy more than he cal
culated upon.
I am on sound and scientific ground,'
therefore, when 1 say that a dollar ap
proaches honesty as its purchasing power
approaches stability, If 1 borrow tl.000 to
day and next year pay the debt with fl.ooo
wnicn wtu secure exactly as much of all
things desirable as the tl.Ouo which 1 bor
rowed, 1 have paid In honest dollars. If
the money has increased or decreaaed in
purchasing power, 1 have satisfied my debt
with diabonest dollars. While the govern
ment ran say that a given weight of gold
or sliver shall constitute a dollar, aad la
vest that dollar with legal tender qualities,
Itesa not fix tha purchasing power of the
dollar. That must depend upon tbe law of
supply aud demand, and it may be well tu
suggest that this government never irUd to
fix tne exchangeable value of a dollar until
It began to limit the number of dollars
eotued.
DOI.USI nisi aid rAt.i-
If the aumber of dollsrt Inerestii mere
rapidly tkau the used for dollars-ss It did
after the gold discoveries of IM'J-the ex
changeable value ef each dollsr will fsti
and trices rlsm. If the demand fer dollars
luetesses faster tliaa the aumber of dollars
as it did after 1-lhe pnee et eeh del.
lar will rise aad prices eeeistlr will tall.
I ke relslive value et tbe dollar may be
f banged by aaturai causes er by lsflstatiea.
An Inereased mpti-the dsuanl rentala
Ine tbe same or dserese4 deniand-tha
supply temaleleg Ike eame wilt redue
the eiekeecsabte value et east eoiiar.
Nsteial sees snsr as I wa bulb auimli aui
demand! as. tut lastaeee, by lesisssief the
tie product frees the utleee er lurrtas.ee;
the aiaeuet eeesutied la arte, i.egteie
tiea e,'4 diiiiy ea tae dewaee. and that
aau Ike pf, aiae Hie dewaad le wee et
ine faetare a Isiag tae atlae.
II bl legislative txtiwa Ine demaa.t for
Silver le dvetreyed and Ikedewted luf gul f
le iterdUed by wain li te ealy aiaeeatd,
Ike eseheagesttle value et eetk uall ef l&al
susJsril, er dVtisr, as we call it, will be in
t( steed. U tftettchantfaiut t.:ure ik.
LINCOLN, NEB.,' THURSDAY.
dollar It Increased by legislation tbe debt
of tbe debtor u Increased, to hit injury
and to tbt advantage of the creditor.
Take an Illustration: John Doe of
IMebrsska has a farm worth 12.000
and mortgages it to Klchard Koe of Mass-'
acbuaette for $1,000. Suppose the value of
the monetary unit it Inoraasod by legisla-i
Hon which creates a greater demand for:
gold. Tne debt Is Increased. It th e In
crease amounts to 100 per tent the Ne-i
braaka farmer finds the prices of bis pro-;
duett havt fallen one-half and hit land
loses one-bait Its value, unless the price is;
maintained by the increased population In-;
eident to a new country.
The mortgage remains nominally tht
eame, though the debt baa actually become
twice at great. Will ha be deceived by
the ery of "honest toiler?" If he should
loan a Nebraska neighbor a hog weighing
100 pounds and the next spring de-,
msnd in return a bog weighing iiOOl
pounds he would be tailed die-)
honest, even though ho tontendtdi
ht was only oeruanding one hog Just the;
number he loaned. Society has become
accustomed to tome very nlee distinctions.!
The poor man it calltd a socialist If bo be-,
lievet that tht wealth of the rich thould be!
divided among the poor, but the rich man;
la called a financier If ha devlaet a plan by j
which the plttanca of tbt poor can be con-,
verted to bis use. I
Tbe poor man -who takes property by.
force is called a thief, but the creditor who;
can by legislation make a debtor pay a
dollar twlca as large aa bt borrowed, la
lauded at a frltnd of a sound currency.,
Tbe man who wantt tbt people to destroy
the government it an ansrcnlst, but tht,
man who wantt tbt government to dtstror
tht people it a patriot. , :
oohs-idixcc Mrax be bistoked.
Tha great desire now ttemi to be tore
store confidence, and tome havt tn Idea)
that tht only way to rtttort confidence u
to cost tbt money leaner to let go of hie
hoard by making tbo prtfitt too tempting
to be resitted. Capital la represented at a,
thy ana timid maiden who mutt bet
courted. If Won. Let me tuggttt a plan1
for bringing money from Europe. . It it be
possible, let us enact a law ''Whereas cc-h-fidenoe
must be restored: and whereat
money will alwayt eomt from its hiding
place if tbt Inducement It tuffleltat:
Therefore, be It It ew acted, That avtry man -I
wno borrows n snail pay paoataano in-'
terest (tha utury Itw not to bt enforced)."!
Would not English captltal eomt "on tht
swiftest ocean greyhounds?" Tht monsy
ioantr of London would tay: "1 will not
loan In India or Egypt, or In Soutn
Amtrloa. Tha inhabitants of tbosa coun
tries art a wlcktd and ungodly people and
refuse to pay more than they borrowed. 1
will lean in the United States, tor there
lives an honest people, who delight In a tound
currency and pay in an honest dollar."
Wby dees not someone propoee that plan?
Because no one would dare to lnereaat by
law the number of dollars which tbe debtor
mutt pay, and yet by tomt it ia oaliad wist
ttatesmansblD to do Indirectly aad in tha
dark what no man bat tht termerlty to
propose directly gad openly,
WHAT DOES A GOLD tXANDABD MEAN?
We havt been called erankt and lunatics
and idiots because we have warned our
fellow men against tht Inevitable and in
tolerable consequences which would fol
low the adoption of a gold standard by all
the world. But who, 1 ask, can be ailent
In the presence of such Impending salami'
ties? The United States, England, France
and uermany own today auout 12,000,000,
000 of tbe world'a tuppiy of gold coin, or
about nve-seventns of the total amount.
ana jet tiiese lour nations contain but a
small fraction of the Inhabitants of the
globe, vvbat will be the exchangeable
vaiue or a gold doner wnen India's people.
outnumbering alone the inhabitants of the
four great nations named, reach out after
their share of gold coin? What will be the
final price of gold when all the nationa of
the ocoldent and orient loin in the scram
ble?
A distinguished advocateof the gold stand
ard said recently, In substance: "Wheathae
now reached a point where the English
can afford to buy it, and gold will soon.
return mi relieve our unsocial emoarrais-
raent." How delighted the farmer will lit
when be realizes what an opportunity he
nas to save ma country! A nation in dis
tress; banks falling; mines closed : labor-
era unemployed ; enterprise at a standstill,
aud behold, the termor, bowod with un
ceasing, even it unrerauneratlva toll, steps
lortn to save uia country by seuiug bis
wheat below tbe cost of production! And
1 am afraid be will even now be censured
for allowing the panio to go a tar a it hat
before reducing his prices.
It seems cruel that upon the growers of
wbsai and toltoa, our atapie tx porta,
should bo placed tbe harden of tupplylng
us at whatever cost with tbe necessary
gold, and yet tbe fluancler quoted has sug
gested the only meant, except the Issue ol
bonds, by which our stock ot gold can be
replenished. If It is difficult now to secure
gold, wbat will be the condition wbeu lbs
aeiuana is increased oy its aoopuon as ins
world's only primary money? Wt would
Simply pm gold on an auction block, wttb
tvtry nation as a bidder, and tath ounee
ot the standard metal would be knocked
down to the one offering the most of ail
ether kinds of property. Every dlslubanse
of finance la cue ruautry would commuul-
caie itscu 10 every otaer, ana la Ike miser
which would follow li would be of little
consolation to know that others were sub
terlug as much at, or more, thsa we,
Ttia sirrnusa coxmvoia,
I hsve anly spoken ef the Immediate
effects ef the substitution of gold at the
werld'e only money et ultimate redemp
tion. The worst remains to be laid. 1 1. at
lo the resumption tf specie permeate ta
isTVt, we euula bKfe forward to a time when
tae sontrsetiea would cease, the debtor
nilgai beeewe a toeent tpea bit former
estate and the home awati assume the role
tt tat aoaialest, wun the sweet assurance
Ihst hie ehtldrta et bU shiUlrea's ehtidrea
tutgkl live tu eeiey tae bites a of
"stable eurray. ' Hut, sir, the hapless
tad boptiese produces ef wealth goes
lirt lut a eight iiitmiBated by
a atar; at en.Ueris ainia a sea
whose furtkti shore no mariner latv ftadi
he trtsele in a desert wnre the sver-re
treaiiaf tslrase waset ble deati'ataieut
a theussed fid sture keen. Let tbe weri
Mamit ti iiMtenes hi Us ee ef I4
Ixetmuwiita KigHta
AUGUST 24, 1893.
RAH
ANSWERED
The Maximum Bate Law Defended
Borne Very Interesting Facts and
" , ; Figure. .
33" HOT AS U5JUST LAW.
The Board of Transportation, by itt At'
toraWyt, Set Forth the Catt of
;e State in Vigorout Style,
Tie Antwer Summarized.
Attorney Ooneral nestings, John L.
-rVebstel and W. A. Dilworth, the three
attorneys representing the state board of
transportation, yesterday filed an an
twer in the federal court at Omaha to
the suits brought by the railroads to pre
vent the board from lowering freight
ratea and ultimately to test the constitu
tionality of the maximum 'rate law
which Was passed by the last legislature.
Two suits were answered, one com
menced by stockholder! of the C. B. &
Q, and, one by the railroad inxitt own
name. The board of transportation fllee
similar answers in both caaea and by
Septornper 4 will have answered all suits.
Tbe answer to the suit begun by stock
holder r contains thirty -five pages of
type-wfitten matter and touches on
many Important points, including tbe
question of the court's jurisdiction,
watered stock, ' reasonableness of ratea
and th constitutionality of section 4 of
the maximum rate bill, which' exempts
tbtrtt&k Island and other , railroad
from the provisions of the bilL The an
twer briefly summarized is aa follow! :
a Demur to Jurisdiction. -These
defendants allege that the laid
bill of complaint should have been
brought against the state of Nebraska
and not against them and that the ttate
of Nebraska doet not submit in any way
to the jurisdiction of the court and that
under the eleventh amendment to the
constitution of the United States and
the state of Nebraska, the complainants
have a remedy at law for all the mattcra
tot forth in their bill of complaint,
Conspiracy Charged. v ;
These dtfojttts charge that toon
after the passage a4 signing of house
roll 83 by the governor t.haaa SSm'
plainants entered into a conspiracy,
with the railway companies, to defeat
legislation and prevent the carrying into
operation 01 tnis Dili and at the same
time to avoid the penalties prescribed
during the pendency of litigation, and to
nave the same declared unconstitutional
br a decree of this court. In order to
give the court jurisdiction the Chicago'
ana XMorthwestern company made a pre
tended demand upon the defendant
railway companies that they should de
cline to put the rates prescribed by
House roll No. S3, In operation, and to-
test its constitutionality in the courts.
There was a pretense on the part of these
railway companies to refuse such a de
mand but the defendants aver that
while these companies refused to accede
to their requesta they in reality com
plied with them, and while still conspir
ing wim uuuipiaiuaniu iney caused tnem
to procure an order of injunction
against the railway companies prevent
ing them from putting the rates act
forth in House RoH S3 into effect.
Is a Domeallo Company,
The Chicago, Durlington & Quincy
Railroad company become a domestic
company by reason of its consolidation
with tho Burlington & Misnouri Itiver
company and thoreby assume all liabili
ties, and said company is therefore
subject to all tho limitations and liabili
ties imposed upon domestic corporations j
that the Chicago, liurlington tuincy
company asserted all. tha rights and
privileges granted to domestic companies
in a sun isieiy pending in tne supreme
court of the stato of Nebraska, wherein
the state of Nebraska was plaintiff and
the Chicago, Burlington & yuincy IUil
roud company was defendant. In thie
suit Urn said company became br its
art of consolidation a corporation en
titled tt the privib-Kca and subject to
the same control, aud not a corporation
of any otlier foreign tut.
AcxMietHt of WatoHiitf atcx lt.
Th defendant rntrinsT f trther to
bill of complaint say that ti er have no
know lodge or informswon suflU-ieot V
convince them as to whether the aggre
gate capital of the t lu ao, Hurllnwton
A yuln. y Katlroad company is f?M0?.
SOU er that its f umlmt debt wrvurvd by a
iiiorUsi'n unoti its itrooerty Iwlieltnir
Its liability on evrounl of brendi tinrs
it lrJd,W;l.ftM. HufficiM information
is not available to aver mini proportiun
is projrly attributaMa to Uiehueeof
road and prope-rty in the stale of Ne
bretta lltry tlt'rfr dnv that the
('pat! sto-h uf said rtwiipaity u$7d,4V7,
end that !uJ. !V im.f ta at
tributable ta the. hues of road aud tron-
ertv in NeUaaka. They aUuWov that
ilM MS a u tha funded Ubt and that
id.aW.Vie h attributed ta th Nebraska
linet at property. It it fur iff denied.
mat tne capitalization of the whole
system, including the bonded debt and
other charges upon the property doet
not exceed the earn that would be
necessary to produce the tame or a like
tyttom but upon tha contrary the de
fondants aver that the capitalization and
funded debt secured by the mortgage of
the said company it much In excess of
(lie real cost of said property and does
not represent the money actually in
vested in tho construction and equip
ment of its various linea of road ana tay
that the said lines of road within the
limits of Nebraska did not cost to ex
cced $13,000 per mile and that the lines
in Nebraska could be reproduced for
How Stock Waa Increased.
It is further averred by tha defendants
that the capital etock hat been increased
from time to time in about - the same
ratio in which the business and net earn
ings increased and that this waa largely
ror ine purpose or arjtorotng tuch in
creased earnings by way of dividends
upon such increased issues of etock and
for tbe purpose of having it appear to
tne public that excessive dividend! were
not being paid.
A statement of the capital
etock of the Chicago Burling
ton & Quinny - railroad ' company
shows that the capita) stock of the com
pany bat been increased 143,408,940
since the year 1879 and that said In
crease did not represent any cash re
ceived by complaining company and
that tbe whole amouat of stock issued
and outstanding for which the company
received 09 consideration (commonly
known as watered etock) amount! to
$45,408,040 or three -fjfthe of the entire
stock of the company, yet the dividende
paid from year to year with but few
exception! are from 8 to 10 par cent on
the etock outstanding of $76,408,600.
and in this connection defendants aver
that if tbe payment of cash dividends
bad been confined to the stock which
actually represented cash invested for
the construction and equipment of its
lines of road, the net earnings would
have paid a dividend annually from 80
to 23 per cent, including interest on the
outstanding funded debt.
These defendants further say that in
addition to the cash dividends paid on
the outstanding stock from year toyear
tha company unlawfully issued largei
quantities of stock which waa dis
tributed among previous stockholder!
in the ratio of their previous holding! of
stock by way of stock dividends or
otherwise, but for which the company
received no consideration, . That tbe
amount of stock so issued waa $40,000,-
820. fisher, $bi$a dividend of 25
cent was lHHusd upon outstanding stock
in mortgage bonds upon the property of
tbe complaining company in 1873.
-. At the time of the consolidation of
roads now forming the Chicago, Burl
ington and Quincy system to-wit Jan
uary 1, 1880, tho outstanding debt se
cured by mortgage upon all the constit
uent lines incorporated within the
limits of the state of Nebraska was
$33,489,000, which represented all the
funded debt assumed by the Chicago,
Burlington & Quincy. Since that
time it has diminished until now it ia
$25,127,280. , .
State Lands Donated.
The Chicago, Burlington & Quincy
nauroaa company receivedifrom the
state of Nebraska 802,637 acres of land
irom wmcn more than S2,uuu,UU0 were
realized. That the Burlinirton & Mis
souri Kiver Railroad company received.
under land crant from tho United
btates, odd numbered sections to the
amount of ten alternate sections per
milo on either side of said road under
the act of congrees approved July 2.
1B64, and a separate resolution of con
grees approved April 10, 1869, and that
the land so received would aggregate
2,500,000 acres, for which they received
more than $13,000,000.
1 hose said Nebraska companies fur
ther received a large amount of county
aud immiemal bonus which amounted
to more than $000,000. The defendants
Uion further information believo thaw
the money tbua realiz.d waa more than
sufficient to pay half the cost of con
struction and equipment of said road
in the state of ebraska. y'
Question or Kai-Dtne-e.
The earnimra of the Chicago. Burline-
tmot Quincy road in Nebraska in 1WJ
is Ix-IUived to have exceeded $9,7 13,
130. Hd as set forth iu tho bill of com-"
plaint. No definite or positive knowU
edge of the expenses is obtainable but it
thought to have been Uwt than $d,04
050 'J I forlnWaa set tot th in the com
plaint. It is thought that in anticipa
turn of the pannage of ho maximum
freight rate bill said company pur-
t hoMnl an unusually large amount of
eiurinre and other rolling stork sad In
vested a large sum tn other renaire and
iimrviunu with the view of harm'
the eitwruMi account Urge, and Um
divi.liieU ta be paid t'oinparatively
smell, lu this corine Hun thea defervUiiU
believe that thj.H03,137.8d paid on
the bonds of the Chicago. Burlington
and Quincy shouhl n I have been d
dm-M for the reason thai said bonds d
not represent the real rust arid value of
its roads in tha slt of Nebraska aa h4
ln hr iPt.ftre set forth.
lb tonnage, carriage and transporta
tion upon th'i several hate wt tha aaid
roal louskl of yrain hauled to eeaWrn
iiurkeu on a through er tutor lata rata,
wlili It has teii i4ohI at a low figure,
as compared wall tha local rate, thervby
Tbo free and unlimit
ed coinage of silver at
the ratio of 16 to 1; la
other rords, the restor
ation of silver to the
place It held In our cur
rencyfrom 1702 to 1873.
'That the Sherman
law should not be re
pealed unless a law
mora favorable to sil
ver is substituted for It
NO. 11
causing the ttate business to bear an
unjust proportion of the burden of
freight charges. .i 1
During the year 1893 the complainant
company ran through freight traina en
tirely across the state of Nebraska forj
the sole purpose of carrying through;
freight The expense of running said
traina was charged against the lines of
road within the ttata of Nebraska, yet it,
is said that through freight trains aid no
business of any amount whatever with
in tbe state of. Nebraska except to trans
port freight originating beyond the
boundaries of tho state and being car-1
tied to points also beyond the limit! of '
the state of Nebraska, whereby the
fixed charges and operating expense! of
the linea within the state are mad to
appear much larger than they are in
fact ' ;
Will Receive SufDolent earnings, ,
Defendants further allege that at the
time the Burlington was consolidated
with th Nebraska roads, there existed
a constitutional provision which was
binding upon the parties; also, that th
Burlington and otbor roads in Nebraska,
br comDliance with tha maximum rata
law, will receive sufficient earnings to
pay good profit! to them. Defendant!
allege that while the rate for hauling
twenty -five pour J of freight five miles,
may appear small, yet by a reference to
the schedule prices of the Burlincton.
It will be found to be only a fraction '
lower than the established rates.
Defendant! deny that th Burlincton
or any other railroad hat any right to
discriminate against any person, thing
or place in the matter of freight charges,
or oharget for the transportation of pas
sengers. Defandanta deny that' under
the provisions of house roll 38, property
for publio use will be taken without just
compensation, or that the ratea an lowtr
than those in the neighbor!!?? states
similarly situated. Defendant deny
also that tbe maximum rate fixed in
Nebraska upon many commodities are
much higher than those permitted in
UVyommg, Minnesota, Dakota and. Kan-
This state for ten years tad . tin- '
wards has been steadily increasiae in
population, and th tonnage and Beaten-
ger trade upon ail linea of road have in.
created accordingly. ,
Bates Tfaea ana Vow,. t
The defendants deny that in Anratt ,
1891, or at any other time, they they de
clared the local freia-ht ratea in this
state to be just or if -sonabie. and they ,
tay that sine that date tbe condition of r
affairs has changed add that what was
a reasonable, maximum rat then would '
be an unreasonable one at the present
tlmd, and vice versa, ' .
' Pefendyfr .tjeqy That home roll No.';
B3 WaTnr. jjawd in due conformity to
law and duly tigficS and approved by f
the governor, and that the same is not
a law of full force and effect. , ' ,
Dofondantsdeny also that the board
pf transp6raUon6VeV jjleterminod to re
duct the rates on certain 6Ia5Bes and '
commodities in the schedule Of rates
u.t.u u wiv ait, ui-iow me rates express
ly ttated therein, and deny, that the
board has determined to revise th '
classification of rates in said actestab- '
tished, or that the said rates will reduce '
the net earnings of any of the com
panies in the state in1 the sum of $100,-
000 every month.; or in any other sum t
whatever. They deny also that the en- T
forcement of the said maximum rate
law will in any manner whatever oper- J
ate to confiscate the property of any of
the railroads in the state, , ; (
Want the Law Enforced. '
' Defendants also deny that the board
of transportation intends to do anything
other than that which they find it their '
duty to do and which by the terms of
the law they are required to do to the
end that the law may be enforced. Tha -defendants
in this connection admit
that they intend to see the provisions
of the law are enforced, and that rail
ways shall submit to the said provisions, .
and to that end admit that they intend
to do and mean to do whatever things
may be proper, lawful and expedient
limy acny, nowever, m wiej ever
contemplated, threatened, or intended
to bring any action, or institute any
suit or proceedings, prosecution or in
dictmeuta against any ot the railway
com pan! -a, their oflicert or their agents.
Defendants wind up their answer by
saying that if there is anything in the
hiU of complaint that is material or
necessary for.theni to make answer to,
and not already answered, confoesed or
denied, the same ia not true to th
knowledge or belief ot defendants, all
of which, however, defendants ar
ready and willing to aver and prove aa
this honorable court may direct
ItefendanU ask that the tame vant
age be givtn them in their answer at if
they had pleaded or demurred to th
bill or romplaint, and they pray hv
K ue iiMnuaaea wiui uir-ir rvaaoaaous
costs Iu this behalf sustained:
lb isim4 I mss Tra. "t "
Aftor tho death of General racket
ham, at tho battle ot New Orleans,
hie itra wer removed, prepara
tory to shipping tha btnly to Kag
land. The whole mans of th bowels,
Including other Internal organs,
were wrapped in cotton and buried
In a box Imiwee two swan Ire.
which, although Iu a flotirUhinf oa.
dltion at th t!rtM never alter born
euls. ami wert known tar and wld
as the n'ursej pix'ait trt,H Th
body was secretly hlp4 U tag
lead la cask of wlae, . . - .
'V
ltwassysaai
sastsasi
UPL
