The commoner. (Lincoln, Neb.) 1901-1923, June 14, 1901, Page 11, Image 11

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    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
. ;