Image provided by: University of Nebraska-Lincoln Libraries, Lincoln, NE
About The commoner. (Lincoln, Neb.) 1901-1923 | View Entire Issue (Nov. 30, 1906)
f J- " -N.1 . 'Xl if fp . V K NOVEMBER 30, 1906 - ' The Commoner. igh Money in Wall Street The election does not seem to have solved the difficulties facing the wise Wall Street element, which is so apt and so capable in prescribing for the great producing sections of the west and south. Secretary Shaw has been called in for consultation, but ' thus far shakes his head and looks dubious, hoping the situation , will in some way evolve itself when the great crops be- gin moving towards Europe to bal ance the expenditures of 'thoughtless and pleasure-seeking Americans. The London-Statist accuses Wall Street of promoting $10 worth of actual prop erty or privilege into $100,000 in stocks and bonds, expecting the public to pay the interest on the paper. Wall Street responds tfyat it has a right to anticipajtG'grbwth and that the public and income-cases, the growth have so far justified the theory. The general conclusion on the mon ey torjicH Hinds jany supporters in Berlin, Paris, London and New York. The world has developed so fast and enterprise has progressed so far, and in so many directions, that more busi ness is doing that there is capital toj carry it on. A single merchant who is doing too largca business for his work ing capt$ ' is apt to be -in a pre carious! gpojirtt'ion, and that, is the con dition of the business world as a whole. There .would undoubtedly be sufficient capital for legitimate enter prises were it not that prosperity breeds, speculation in lands, in mines, and in stocks, and this has" absorbed much .Qftethe,' .wori.ng. capital -of Athe world at The very time that this enor mous industrial and agricultural ex pansion has been going on. Whethec or not we agree with. the. theory the conditions are here and must "'fie Thetr.A federal statuto reg ulating the creation of corporations of an interstate character, so that capitalization must be kept within rea sonable; -distance of -the present value tf the assets, would be rough on the. promoter. He could no longer charge $100,000 for organizing, and passing. on to the, investing public, an affair that is liberally represented by $100, 000 In -shares. This limiting law works well In Connecticut, not,.biily as to the paper issued, but as to the maxi mum profits that may be paid on the paper. While prosperity means an expan sion pf credits, the great associated banks of .New York City,- with more gold in their vaults than has the Bank of England, find themselves un able to expand credits. On the con trary, they are making strenuous ef forts to curtail credits, to . the end that their -.reserves of cash1 may sat isfy the law". The enormous expansion in gold Nervous Disorders include all affections of the brain spinal cord and nerves; they embrace head troubles, such asDiadness. Dullness, HeadachePIts, Blues, Melncholrnd:Insantty. . Also, Bapkafctoe, NeurnlKlo. St. Vitus' Dance. Epilepsy, and all disorders arlslns from a. weak nessof the nerves of any orjriin or part, ns Weak IiUnsrs, Heart. Stomach, Kidney. Blad der, etc. J t . . . -. . The nerves furnish energy that Jc6eps In mo tion every rtrtfan of tbe. body. , . - If you have any of these ailments, your aervetf are uncutcu, auujuu u i-'. . . r. Miles7 . ft, -i i. Restorative Nervine because it reconstructs worn-out nerve tissue Is. a refreshing revitalizing, tonic food-raedl-olne, prepared especially to rebuild the worn out nerves. , Jt '' ,. "My son, when 17 years old, had epilepsy; could not attend school. Following the 1 ai ure of physicians ta cure-him. we (javo"Dr. Miles Nervine, and Nerve and Liver Pills. In ten months he retrained perfect health." j. S. WILSON J3ep. Co. Glorlc. Dallas Co.. Mo. The first bottle will benellt, if not, the drujr ftlKt will -return your money. supply, to which Colorado has contributed-ter pact, rising from $4,500, 000 in 1893 to $30,000,000 in 1899, 1ms not kept pace with enterprise. The more gold that' goes into the bank Vault the greater the expansion of the credits surrounding the vault, so that at the. end -of the movement the proportion is not 1G to 1. as it was to silver, -but 10,000 to 1. This explains the , hourly expectation of a 7 per cent rate at the Bank of -England. It is at present Gf-per cent, .the highest regular rate sinco. the Baring failure of-l$90. nWall Street might as well make up U&mind that the Bank of England, In common with the Bank of Prance and the B&nk ofiprmany, will resist to the fvery last further efforts to draw I'tfwtly"4 gold,' whether Secretary Shaw"dgree"' or 'does' not agree' to pay the interest in transit. This being vf case, money for new enterprises, and for the enlargement and improve ment 'of old ones, IB 'hard to get. The demands for such capital'run high into the billions. Meantime, the call for money in moving the crops1 con tinues intense- and Will probably not slacken until ' the, end of the year. Eeople interested in real estate, in mines, and in other forms of legiti mate speculation decline to be divert edAby the calls of Wall Street. They rriay change their 'minds on this sub ject later on, but" there is not the slightest indication of such action' at nresent. The ten months closinir with Prober 'show enormous dividends 11UII1 III lit I II & U.UU lucuuiuigiuai u"lv:i- priseswith a brilliant outlook for ''Clio future, based upon; record high prices for the several metals. '' It is pleasant for a westerner to turn' -his "gaze ' from doubtful Wall Street 4 to erstwhile "bleeding" Kan sas. The state bank commissioner has just announced, the total of de posits in the Tmnks, almost wholly the savings of tillers of the soil. Thd deposits now exceed $146,000,000. In stead of owing this and more in mort gages, the Kansas bank depositors could take over nearly all of the $150,-' 000,000 of new capital stock for the completion of the St. Pauls railroad, Pacific coast extension, or they could buy out the whole issue of $100,000,000 which the New York Central or the Chicago and Northwestern or the Union Pacific have authorized. The entire issue of $10,000,000 which the General Electric company will soon provide for could be taken by the In crease in deposits in Kansas banks during the last six months. This is the kind, of prosperity the country wants, and we rejoice with our neigh bor to the east that the-"crazy green backer" and the "silver lunatic" have reached the day when the infiaters of Wali .Street who create nothing but detis-j-are at, the entl of their financial ropev-Denyer News. Natural Mistake 'Hamfaft New Jersey audiences are certainly appreclafiye.jj We gave a summer sfcb,w thefe, and got round after "round of atfplause. Boothby That wasn't applause, you dub.r,T,hat ,w.9s the audience killing inosquitdes. Cleveland Leader. The Greatest of Musical Inventions the 'JHvO'Horn DUPLEX Phonograph r On Trial I TT Is (ho ono phonograph that givos yon nil I I the nound vibrations. It has not only two I horns, but two vibrat- D na il(nnliritiin In It sound box. Other phonographs havo cne diaphragm ond ono horn. Tho Duplex gets all tho vojumq of music other phonographs get tho half. Not only tlq you get nioro volumo but you get a bet ter tbno -clearer, 6weetcr, morcliko tho original. Our handsomely illustrated Free Catalogue will explain fully tho superiority of The J)u piexj tPon'tnllovy anyone to pcrsuado you to buyanyolhcr makoof phonograph without first ccndlnif for our catalogue. Tho Duplex is no sold by dealers pr in stores. Woaro Actual Manufacturers, not jobbers, and cell only direct from our factory to tho user, eliminating all middlemen's profits. Tjiat I Duplex Phonograph Co mncnm. Kalamazoo, Midi. MFa SAVE ALU IH WM THE DtALCKS BB WWk 10 PROFIT KV f nS tfith If in.bttl. Catftrt V vttSMrVL T KfmZitir Uvtijrwe are kite to mniifolor J bgJ I l tty&fflzJLh 01 t.e lt tanwto C yfWffo LI &&f&2SZ:22 tniWnronlTtJ&. W uii ytw JEOhVrv't- El &zl2-Z&Z& r rl.lfc on tii jwlce. !VM ySJlSS, P SspSS- throiieh dn'cn the lhAe.t wwaJ.1 t trm uvz-Jr' cotiiiw. i7ur kkcii ihju. i hi - 0- Seven Dnys Free Trlnl. Seven Dnys Free Trlnl. WeaTlow you tetcntUyt free trial In your own home In niu-litna ilors not mike jrxt ofir every cUlmrotame. qtuUty. UTlng, ttUfit1lon-Jn-.t teml it Uck Wali ruadftlt liclgitchrgC3 both war. No Money In Advance. Ifyoti otject to lendlDfr caUi jnv my ilejxvittft In trmt rllli your lanVer,meTc)aotr;rpottmater to tw returned to ymilrthemaelituels not llfcto-y Uyou. Yoam tiiu ooly judge. At we pay frelgM It coits yotinotiiisg to try. our Fr Catalog will interest you. Send lor It today. the Omaha World'derald ABLY EDITEl). NEWSY. DEMOCRATIO. OUR SPECIAL OFFER The Commoner and DflTll $1 OK World Herald (Semi-weekly) OUIll dliZu SncJ Subscriptions NOW to THE COMMONER I. LINCOLN, 0 NEBRASKA ' VYV'YVYYYYV''V''i''""rrv BOB TAYLOR'S MAGAZINE AND THE COMMONER Both One Year for Only REGULAR PRICE $2.00 $1.50 BOB TA YLOU'8 MAG AZINK is tho Groat Southern llnitnilnc Tlio poraonalltr of Its ) in-cnlof, ox-Goromor JJob Taylor, stamjis It, dumlnatus It nnu dlfTurontlnteit U from nil t A"' t ' ital EVerVuBr6ak i Jltor- other periodicals. It is not political, but literary, and it diffused suunhlne, tiopo and liapplncss in every family it enters. Till 8 combination fumlsho a mental feast for orery man, woman nnd child, and tho cost, 11.50 for an entire year, is within tho roach of all. TUK COMMONKH, 62 times, and 1JOU TAYLOU 8 MAGAZINE, 12 times, all for $1.60. Bund today. Don't delay, lest you forgot. Address THE COMMONER, Lincoln, Neb. uOOCXDOOOUOCXXXXXXXXXXXXXXX ' The Barb6rBeg' -pardon, sir, but this is a, bad quactero The Victim Oh, well, don't you care It,. isn't worse than tho hair cut you 'gave me. Chicago News. Momentous Question Her Would you say that Miss Muggsby Jias a- pug nose or that .her nose is retrousse? Him-r-W.ell, .that depends. How or much is "her father worth? Chi cago News. TUB NEW YORK WORLD ThriceaWeek Edllioii T HIS is a Events Time of Great CbaD?C9 of a Btirrintr kind are occur! rur both at borne and abroad. The Thrice-a-vreek World comes to you every other day. except Sunday, with all the news, folly and promptlytold. The Thrice-a-week World always bas a serial Btory running. Special attention is also . giren to markets, and there are many other valuable features. The Tbrice-a-week Worid'sretrnlarsubflcrip tion price is only 81.00 per year, and this pays for JC6 papers. We offer this unequalled news paper and The Commoner together one year iot tl.35. The regular subscription price of tho two papers is (2.00. ' Address alTorders to THE COMMONER LINCOLN, NEBRASKA 15. i tit ma L I u. " v .