The commoner. (Lincoln, Neb.) 1901-1923, March 13, 1903, Page 16, Image 16

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16
The Commoner.
':T
VOLUME, 3, NUMBER J,
CLUB LIST.
Any ono of llin followlnff will be lonl wllh
THIS COMMONER, both ono year, for tlieclub
prlco:
reriodlcnls mny bo ont to different adtlrcoiet
if dcuirod. Your frionds mny wish to Join with
yon in sending for a combination. All up
crlpttous ro for ono year, nnd if now. begin
with the current numbor unlosa othorwuo di
rectecl. Presnnt fltibicriborn need not wait un
til tholr lubflcriptions expire. HcncwaU ra
celtod now will bo cniored for a full yoar from
explrntfon date. Bubscrlptionn for Arena, Llt
ornry I)iot and Public Opinion must bt nkw.
Krncwnis xor tiicRe tnrco noi accepieu.
Foroign postage extra.
THE "DEMOCRATIC" ALPHONSE AMP GASTON,
AGRICULTURAL
Farm and TTnme, somi-mo
Partner's Wifo, mo ;
Fnrm Stock mid Homo, somi-mo.
Homo nnd Farm, semi-mo
Missouri Vnlloy Farmer, mo
Ornngo Jndd Farmer, wlc
Poultry Topics, ma
Prairin Fnrmor, wk
Western Hwlnn Hrordrr, mo
Central Fatmor, wk
Farm, Field and Fircsido, wk....
Irrigation Ago, mo
Knnyna Farmer, wk
Practical Farnior, week
NBVVS PAPERS,
World-ITerald, twlco-a-wock
liouky Mountnin News Tinus, wk
Nobrnaka ludepondont, wk
Knii!ui8 City World, da. cxc. Bun.
Thricon-wonk N. Y. World
b'onlllo TJmen, wk
Cincinnati Enmiiror, wk
Atlanta Constitution, wk
Indianapolis Hontinol, wk
Wachtor und Anzelgor, Sunday..
MAGAZINES.
Pilgrim, mo
Ilotuoliold, mo
Good liousokoopiug, mo
Woman's Homo Companion, mo.
Buccojs, mo
Cosmopolitan, mo
Aroua, (nkw) mo
Kovlewof ltovlows, mo.....".
Reg.
Prica
$ .CO
.50
.DO
.60
.50
1.00
.25
1.00
.00
1.00
1.00
1.00
1.00
1.C0
MISCELLANEOUS.
13.00
3.00
2.25
l.ilQ
Litornry Digost, (nkw) wk $3.00
Ynblic Opinion, (nkw) wk 8.00
Tho Public, wk 2,00
Wiudlo's Oatling Gun, mo 1.00
Note Clubbing Combinations or premium
ofiora in which tlioThricc.a-Weok World, World
Uorald, or Kansas City World, or Farm, Stock
nnd Homo appoars, tiro not opon to residents of
tho respective citis in which tho papors named
ro published!
I -W aHI
...... .
' " ' ''" III' WOwSi WiilI3&m JDn I ill 11 IIh III liV7
Price Price 9l g H1H ! J f8 1 ifff nmMk&? A '
loo i.o5 Mlt Wl j&bW -v
2.50 2.50 Wk Sw .O&tSJP 0- '
2.50 2.85 ffflMiL -sSm ral
s
ll
milium. i
Rofir. Clnh
Prioo Price
S DotMrtU..,.! ffUi O
Why is it that tho newspapers oE
tho United States, especially tho ad
ministration organs which bollevo that
wo ought to have a "sound" and "sta
ble" financial system, have been ut
terly silent about tho recommendation
made by Socrotary Shaw in his an
nual roport that the public dobt of the
United States should bo converted into
a perpetual debt as a basis for bank
currency?
Socrotary Shaw's roport was deliv
ered to congress two months ago. It
Is supposed to reflect tho views of
tho administration respecting finan
cial affairs, which wero but briefly
touched upon in the president's mes
sage. It will bo romomberod that the an
nual report of tho secretary of tho
treasury was not made public until
several days after tho message of tho
president was communicated to con
gross, and thero was no "rush of
mattor" sufficient to crowd out of tho
nowspapor a brief paragraph on which
Is perhaps tho most astounding official
utterance ever made by a socrotary of
tho treasury that tho public dobt of
tho Unltod States bo perpetuated.
Such a recommendation appoars on
pago 65 of Secretary Shaw's roport
and is Interpolated into his discus
sion of banking and currency.
The newspaper correspondents at
Washington seom to have deliberately
omlttod to mention Tn ,
porta furnished through press assocla-J
"I pray you make love to her, my dear David."
"After you, my dear Alton."
"But 1 insist, my noble friend."
"Nay, proceed, I beseech you, my esteemed comrade.
I shallkeep still very still".
tions as well as th6 reports of staif
representatives of the metropolitan
daily papors, tho secretary's declara
tion In favor of a nornpt.imi tnt -maa
not even hinted at although from tha
very same pages were extracted some
statistical information as to the num
ber of banks chartered, their capitali
zation, increase in capitalization or
existing banks, and tho docrease of na
tional bank currency.
It was after setting forth these sta
tistics, and remarking upon the scarc
ity of government bonds as a chief
cause for contraction, that Secretary
Shaw commits the administration in
the following language as favoring a
perpetual debt:
"Tho frequent purchase and retire
ment of bonds renders the amount
avallablo for circulation gradually
loss, while a rapidly growing popula
tion, additional banking facilities and
expanding trade suggest tho need of
an over-increasing circulation. I
theroforo believe tho tlmo has arrived
when it will bo necessary to adopt
one of two policies:
"Eithor tho government debt must
bo perpetuated as a basis for national
bank circulation, and additional bonds
Issued as occasion may require or
some other Bystem must be provided."
As Mr. Shaw does not recommend
nor ov.on suggest any other system he
must bo understood as favoring not
only the perpetuation of the national
aeut, but that it be increased from
thao to time by "additional bonds Is
sued as occasion may require."
Ono of the sins of .the second Clov-
Und administration, for which Presi
dent Cleveland was roundly denounced
unanimously by the republican press,
and by many democratic papers, was
tho "issuance of bonds in time of
peace"as though bonds issued in
times of peace are any more of a bur
don upon tho people than bonds is
sued in time of war.
Here comes the republican secretary
of the treasury within six years after
Cleveland's bond incubating adminis
tration, who not only favors doing
Just what Cleveland did from 1893 to
1897, but also favors making tho na
tional debt a permanent burden upon
the people.
And the republican organs which de
nounced Cleveland are silent. So are
the plutocratic metropolitan papers
which call themselves "democratic or
gans." What do tho people think of Secre
tary Shaw's proposition-Columbus
(O.) Press.
candidates?"
"That will not be," said Chairman
Campbell. "As I just said, if Hill be
comes a candidate Judgo Parker will
not be a candidate. That Is certain.''
Special Dispatch to tho Baltimore
Sun.
Parker Not to Oppose Hill.
Buffalo, N. Y., Feb. 25. Prank
Campbell, chairman of tho democratic
state committee, was in this city Mon
day. Ho was asked how he and the
PesldenT11 aUOn Std n Parkor ft
"If David B. Hill is a candidal
Judge Parker will not be a Sldate
is too early now." ,'ttuaiaat0- It
"What if Hill and Parker both are
Inadequacy of Fines.
Great stress is laid in congress on
the fact of the inadequacy of some of
the fines stipulated in the anti-trust
provisions. It was contended in tho
house that the Hoar bill was too
weak-kneed against violators of its
provisions and the Elkins anti-rebate
Dill was regarded by the advocates as
rar too moderate in the matter of
nneS. The whole history of English
attempts to suppress monopoly by ter
rible fines shows how futile it is whero
in !. are sufficient to risk violat
ing the law. Wrong systems never
were abolished by fines. Tho truo
remedy Is to abolish tho laws which
make the system posslblo. Until wo
IM S?mo of th0 laws under which
the trusts were incorporated the fines
wil1 not save us. Boston Globe.
Easily Paid.
cjfnl8 r5pRMted from st paul that the
, a?dfard ,0il tVQkt' on lostae local
Sin nnn damaSea to the amount of
10,000 on account of injuries caused
nL,FasolJn,0' at onco advanced the
price, and in nine days collected from
the local public enough extra to pay
w i0Bt8, Here wo have Publicity,
SprIna.derp';ffican.e5reyeaUVe--
EDHEaffi
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