The commoner. (Lincoln, Neb.) 1901-1923, June 14, 1901, Page 11, Image 11
Commoiier. i A 'SreaTfChiDceito Jay ftrsceric Cheap. We Wcaut Yottr TraOe 'and Tire making n "special effort to get it. Cost cuts no figure, as we know that if you once commence trading with us we will hold your .trade. Or der one of these Grocery Boxes. Axiom-! plete assortment at the very lowest' .prices. X3an .y.au match them? All de-' 'livcreu on "hoard cars in Chicago. Please remember 'that wecantrot break the above "Boxes or change the as- jiorbment in any way. Xour local deal .ers would ichar(ge you double ionr price XorAhese goods. TAKE ADVcANTAGB X)F THS SPJEGLAIi .ORFISR and order AT -.QNQE. ur terms are .always cash with order, Lbut whcrje .one-thalf rthe amount is remitted we Tvill send gopds C. O. D. Read carefully the following SPECIAL iOFEERINGS: 8pecial tBox 20. 14 Coats y on .only $12.54 75 Hbs. granulated sugar .'$1,49 10 lbs. California evap. peaches. . .60 4 bars P. & G. Ivory soap 04 ' ;20 lbs. roasted Java and Mocha Coffee 4:90 "8 ;pkgs. best 'Corn Starch 15 15-'lb. pail fancy Norwegian her ring 59 34 lb. pure Indigo lor making blueing 15 7 lbs. new California prunes...... .35 1 cake Enoch Morgan's Sapolio. .04 2500 wooden toothpicks .01 2 lbs. pure ground mustard 35 '5 1-ilb. pkgs. Jbest Baking Soda. . .25 10 lbs. Laundry Gloss Starch .-48 10 bars Best Laundry Soap 38 1 4-oz. bottle -purest and best Vanila Extract 20 1 4-oz. bottle purest and best Lemon Extract 20 10 ilbs. California xaisins 59 1 bag (10 lbs.) -fine Table Salt. . .04 2 lbs.- strictly pure -Ground Pep per 48 2 pkgs. Yeast Foam 02 5 lbs. fresh baked Ginger Snaps. .25 1 15-cent l)OX "best French Shoe Blacking 05 1 .good Scrub Brush. ,. ., 05 2 lbs.. Baking Powder 59 lb. strictly Pure Ground Cin namon ? .19 1 3-lb. box best Putter Crackers. .10 ALL FOR ONLY $12.54 Please remember that we cannot break jor change the assortment in any way. '8 SEND FOR OUR GROCERY & & CATALOGUE ISSUED EV- & & ERY MONTH. IT SAVES & & YOU MONEY. & H, R, EAGLE &CO., 78 Wnlmf-h Ave,. Chicago. For an Income Tax. Melville E. Ingalls, president of the "Big Four" railroad, in a speech be fore the "Knife and Fork" club last evening, said that he bqlieved a tax on incomes would provide the most equitable and least burdensome -form of taxation. He pointed to the gen eral success of the method of taxing franchises as evidence of the prac ticability of such a tax. That a man identified with large corporate interests, himself the recip ient of a large income, should indorse an income -and franchise tax is rather surprising, but it is not unique. It does, however, call attention to the fact that thero has Taeen a very gen eral change of opinion among men who administer 'large interests on .the sub ject of taxation. They have come to understand, in a large way, that the preservation of the rights corporations enjoy may be best contributed to by meeting such of their tax obligations as are not too onerous and which are most apparent to the public.. There are railroad men who are outspoken in their commendation of the franchise tax because it is a sop to the public. This is not the -attitude of Mr. In galls. He believes in the theory and would favor the income tax.. And his views are generally In line with the "best thought on the subject of taxation. He very Uustfy say that the' weaitn ioi tins country m so great that if all men and Interests were eguitafoly, taxed the burden of taxation would disappear. It is ,not the cost of jgov-; iuiueiii, uut me escape or lntanginio .forms of wealth hat makes the .burden ol taxation. Ex. -Panics Follow Over-Capitalization. TVlille at. the" present time we are enjoying what may lie justly -termed fcs unprecedented prosperity, yet as ev erything has a limit, so '.there Js .a limit to it, and as the wve .that rises .highest .on the beach flows farthest out to sea, so the most disastrous panic we ihavje tever laced in the history of .this .country is liable to occur in .the next decade. Ordinarily, the financial (depressions j on ithis country hav.eJallen at Intervals of twenty years, with one exception, and that was the panic of 1873. The panic of 1857 followed the one of 1837, .and the Tanic of 1893 followed the one tof 1873. According to the .analogy . .inuB esiaDiisnea, tne nextjmnic would foe .due in 1913, but .as .conditions brought about by the .civil war, caused ,a ;groat fluctuation in all kinds of val-, ues, ana aiso Droutnt about new econ omic conditions, precipitating the panic of 1873 four years before it would ordinarily have been due, con ditions point to a financial crisis aris-, Ing before its analogous time. . The daily press is filled with the news of gigantic enterprises, of great combinations of capital, real and fic titious, created for the centralization of wealth. The greater the centraliza tion of wealth, the more people who are dependent on that centralized wealth for support. As the natural consequence of such centralization, in the diminishing of the actual number of real value holders and the conse quent increase in the number of de pendents. The tendency of the above condir tions and the rapidity with which great business ventures are completed .these .days, would suggest to the mind that twenty years will not elapse from the period of the last panic until the next one. Please note the following extracts taken from a New York As sociated press dispatch of April 4th: "The speculative spirit had appar ently run wild and no feat seemed too good to attempt in the feverish imag ination of the excited speculators. The boldness and ecklessness or tto man ipulation, however, probably were never equalled on the New York stock exchange, and variations of a point or more between sales were "viewed with much equamity. Blocks of thou sands of shares of stock were tossed backward and forward, and millions .of dqjlars were ventured with no more concern than though pennies were be ing pitched. News of actual condi tions iOf properties played no part whatever in the speculation." There is much more in the article -that goes to -show to what a reckless excess stock gambling had reached, but notice the last sentence partic ularly. Actual conditions, or in other words, actual values played no part. Gambling is frowned on by all good people, y.et here w.e liave a game played lor the weal or woe of a num erous people, and who objects? The history of every panic in this country has boon thai, its primary cause was the creation of fictitious values, and these of course, are created 'by speculation. These -fictitious val ues appeared more enormous in 1893, but never have they invaded all the industries of the -country as fully as ,at the present time, ror .have they ever reached such gigantic proportions. The increase in stock values reach into vho hundreds of millions of dol lars in the last two or three years how much .of it real, one can only guess. Many men have been made enormously wealthy by these transac tions; many will bo beggared before they are finally completed, but the nresent result is the creation of a set of people who live extravagantly, who I are irasteful .and thoughtless of the futurq, ,-and who -are .bounfl lo entail misery on great many other people in the course of their folly. To the wage-earner and the ordinary ciuzon, this reckless stylo of Jiving on the jiart -x)f the speculative tslaes works a iharddhip, s areal values axoi.o -appertain extent influenced by tho rise in price of the fictitious flnes,, and he must moet the raise in tho price pf liv ing without receiving any increuso in' Ills earning canacity. Mom nnonlo 'Will be Gmnloved. .and be Hnlf-Riinnnrr- ing, ibut in the long run the ordinary : jpeoplo .are Impoverished by the de-, imanus made upon their earnings. xne jemeuy must come from the people, as lias the remedy ,f or all great national ills in the past- but how, and W5hen iit Will come, is rather more -than present conditions would warrant pre dicting, but it seems a long way pff ye,t W. L. French, in ILooomotivo Firemen's Magazine. Imperialism and Trusts. If this country is tending towards imperialism there are dally occur rences hat would seem to hold out reasons for those- who favor the idea to stop and think. Nor ilo these rea sons, growing out of the events men tioned, appeal to them so much on tho score of public interest as of private safety and comfort. .One of thoiatest lesBons taught us in this direction comes from Russia, where the imperialistic -notion is .sup posed to be in its highest development. Tne Czar, in consequence of his sub jects failing to entertain that degree of loyalty which makes tho choice of a place to sleep a matter of perfect indifferenqe, has been compelled to im prove qn the common. Idea of an iron bedstead and incase himself in a steel bed-room, where the national emotions when they want to express themselves in tho shape of bombs or other rest destroying explosives, are supposed to fail of effect. The possibility that Imperialism may so ;progress in America that the metal architecture now .so prevalent in our buildings, may 'bo extended, as a mat ter of -precaution, to thesleeplng quar ters of eminent authority, is not a pleasant -tiling to contemplate. And what makes this view of the case more serious still is the expansion of that other principle which seems to have developed coextensively with the im perial notion tho trust. This latter might become the arbiter of the des tinies not only of our nation, but also of its rulers. For, since all the native steel-producing elements have .gone into a combine, were it not the -easiest matter in the world for it to refuse any requisition endangered imperial ism .might make ,upon it lor material ; wherewith to line its bed 'Chambers, unless granted .privileges -that even with all its .cheek and recklessness it may hesitate to ask for mow? Phila delphia Times. The British Aristocracy. One of the most terrific arraign ments ever made of the English Aris tocracy is that by Grant Allen in the' April Cosmopolitan. At the outset Me. Allen declares that the "personality of the men and women composing the aristocratic class has nothing to do with his study; that it is the principle of .the thing -which he objects to. He has, he says, no spicy stories of aris tocratic vice to serve up for public de lectation, nor any account of the pungent sins of the upper ten thou sand. "I have no statistics hand as to the relative average fidelity of peers and cobblers, countesses and washerwomen; nor does the question of such puroly domestic faithfulness seem an important one," declares our writer. "The real evil of peers and peerages, of squires and squirearchy, goes much deeper than that. It lies in the substitution of a false and arti ficial inequality of birth and rank for the real and natural Inequality of brains and faculties." Mr. Allen tells us that oat, who has not lived In England cannot begin io .appreciate the profound and ingrain belief held by the maws of tho peoplo in tho natural superiority of the titled classes. In England, ho says, It Is actually taken for granted that a peer is by nature a legislator, a man of breeding and culture, a connoisseur of wine and pictures, a person .of social grace. and .distinction, a judge of horse ilesh and the .proper chairman at tho annual meeting of the "Socioty for tho Propagation of Cruelty to Animals in Foreign Parts." "Nobody," continues Mr. Allen, "is anythine by the Hido of a .peer. His visible greatness eclipses all else. There is not a country in the world so lord-ridden as England; thero is not a country where literary men, artists, thinkers, discoverers, scientists, great poets, fill so small a place comparatively in tho public estimation. iNobody who has not lived in the very hoart of .the nation can fully realize the appalling extent to which this .gangrene of lord-worship, country-gentleman worship, ilunky ism, snobbery, has eaten tho very heart and brains of England." Kan sas City Journal. Where Speculation Tends. Watch the record of embezzlements and defalcations and see how many of them are due to "investments" in stocks, or grain, or something else. For the last thirty or forty years this speculative mania has been growing up under the name of business and the re sult is that it has permeated every cor ner of the country. The people who lose are not as much In evidence as thopo who win. They are not adver-. tfsed in the papers. But if they were all known they would be vastly more conspicuous than the winners, for there are vastly more of them. It takes a great many losers to make .a millionaire winner. Indianapolis Sentinel. iM&r final NflW Invnnffnn 7 .-. ..w.p .in wiiiiuiii 1""" ' Ortktfdj, (Unlnu. Ttlaerc, Tom. T .q'-. JOtbUtm, Caauatonr, JSu., b .if BOl ercLftrdill KtUr.lLmrourh.Uttm ttw Mm. Mlflt itT. II (into! MtlttMt. II .ebcitwr uut totter Uio rjmvlag. Try 1L Mefl'l fur (ItfltlulAtllAl.. Avwnt-a otm m Price innll also 85c Larxe lze $1.00. Ad- ,A-fiir&S Sprlngfitld, Mo. & jryaa.gx. i mSm AUTOMATIC FOUNTAIN-Iiri VntTfumm. WttwiiKubtaM JnnUtw. 4iokltt tit. A. II. Co., 1111 Htvtdwty, Toledo, -Otto. IWAJUjTCnRoliHbloiricn or women to soil our ?I nn I LUgoodg to the jCODBtuncr in communi ties from J,(J0O to 10,000 population; permanent employment nt good pay. Ad. TJ3JS GtiEAT EAbTKitN COF1J2E A T&A CO., 301 6. 10th St., St. Jjouib, Mo. TJ1ENUAM tbeTEINTER. Alexandria, Minn. THK JIOOVJKTtTOTATOO)IGGKTt A perfect machine .containing: improvements found in .no 4tuer. Separates jxitatoes from yinog.and wecda, Itaplu, clean worker. War ranted. Dirt .proof brass boxes, side bill spurs, special shovel, front and aide Jovars. Cata logue free. Kovftrt,Proat &&&., Avery tOMlo. PURVIS & CO., BANKERS, Williamsport, Pennsylvania. hcstbytcatr-74 Years. We DAY CAM and waatnMTO salesmen, frt I MM! Outfit fKL gTA&K NU8SEKY, Stark, Ms . ;