The Commoner DECEMBER, 1921 Lincoln's Municipal Coal Yard The municipal coal yard, established in the city of Lincoln the latter part of September, is flourishing notwithstanding the difficulty it had in getting under way and notwithstanding the efforts of the private coal dealers to prevent it from selling coal to the people of Lincoln in competition with the twenty-one private coal companies. During the forepart of last January, Charles W. Bryan made an investigation of the coBt and selling prices of- coal in Lincoln and recom mended to the city council the establishment of a municipal coal yard, which he maintained could reduce the price of coal $4.00 a ton on first class bituminous coal known as the Frank lin County coal from southern Illinois and still sell coal at a reasonable price, or in other words, sell coal at $4.00 a ton less than the reg ular coal dealers were selling it and make a rea sonable profit. , Although the figures presented by Mr. Bryan' to the city council of which he was not a mem ber and the figures presented by him through the daily press clearly indicated that the coal dealers of Lincoln, as elsewhere, were engaged in shameless profiteering, the city council re fused to embark in the coal business. In the last spring's city election Mr. Bryan announced a municipal program which provided for a municipal coal yard, a municipal public market and a municipal ice plant, and being un able to induce substantial business men to file for commissioner to fill the ticket, he filed for the position himself with "a view to the mayor ship on the platform mentioned above. Mr. Bryan was elected, and although receiving 652 majority more than his opponent and more than 400 more votes than one-half of all the votes cast at the election, the city commission, com posed" of five men, refused to select Mr. Bryan for the position of mayor, which the preference vote morally obligated them to do, but they gave him the position of superintendent of streets and public improvements, believing that that would retard his efforts on behalf of his munici pal ownership program. As the city commission stood four to one against a municipal coal yard and the other mu nicipal enterprises advocated by Mr.' Bryan, it was deemed necessary to organize public senti ment for the purpose of bringing pressure to bear on" the council to induce it to give the peo ple what they had declared for in the election. Before introducing the municpal coal yard ordi nance in the council, petitions were put in cir culation under the initiative and referendum to establish a municipal coal yard by direct vote of the people at a special election, and petitions were also put in circulation' to recall two of the city commissioners and replace them with men who were pledged to Mr. Bryan's municipal own ership program. With these petitions in circu lation and being rapidly signed throughout the city, the coal yard ordinance was introduced, and after being voted down one week was brought forth again the next week, and the public senti ment that had been aroused by the -first defeat of the coal yard ordinance so influenced the council the following week that the municipal coal yard ordinance was passed although four out of the five members of the city commission were known to be opposed to it. The municipal coal yard was placed in Commissioner Bryan's department, and he was given direct charge and made responsible for the success or failure of thQ municipal "coal yard's activities. The municipal coal yard has now been in op eration a little more than two months. The pri vate coal dealers, after failing to shut off the city s coal supply and failing to discredit the coal yard by attempting to make it appear through the press that -the quality of coal the city was selling was inferior to that sold by the retail coal dealers and that no money would be saved uy buying at the municipal coal yard, fifteen coal dealers joined in an effort to have the mu nicipal coal yard-put out of business through a restraining order by the district court on the r,r?Un2 tbat the city charter which is a home nue charter does not specifically authorize the municipality to engage in the buying and selling tLCoa1, The district judge refused to grant a temporary restraining order but set time for linn 8Q to bQ "toard. The hearing has since been "em and the court has taken the matter under nS?e ment aM nas notot handed down an "Pinion, in the meantime the municipal coal Bta&jffa.110 best priroeof mS ?n Thie mun!cIPal coal yard on the price or coal in Lincoln is very apparent Whnn the movement was commenced for tmunicinal coal yard the quality of coal now hand? dby hvenSUnCilT1,Coal yard was filing for $14.50 Lyil?nhe dealer8' Tuo prIvatG deak are now the faV th8?1ffiC0al ? n-250 withstanding nwLf ! at l?is Rrado of coal cstB 60 cents more at the mine than it did when they wore Sif, $1450' Th0 municipal coal yard's livered Sam Srad COal at ?10,5 do The amount of coal bought and sold for the first sixty days by the municipal coal yard and the items of expense and profit on the coal handled thus far are as follows: Total sales during Oct. and Nov 2,777 tons Amounting in dollars to $29,027 51 Average selling price per ton de livered to the consumer's bin $ 10 45 Total cost of coal f. o. b. Lincoln .... $22,82g!o4 Cost of delivery 5 2,771.80 Overhead expense ....!$ '95414 Total net profit to the city $ 2,472!58 Average cost at mine per ton $ 3 85 Freight rate per ton $4.32 (or $4.18 1-2) War tax per ton . .13 Average cost per ton f. d. b. Lincoln . . ! ;8!20 Unloading and demurrage expense per- ton ; 14 1-3 Shrinkage and shortage per ton ....,., .08 1-2 All other overhead expense per-ton . . . .20 1-3 Delivery expense per ton 1.00 Total net profit average per ton to city on 2 ,777 tons of coal 89 The public is receiving a benefit of $4.00' a ton for all .coal bought from the municipal yard, and are the gainers by about $2.00 a ton on all grades of coal sold by the retail dealers as a re sult of the establishment of a municipal coal yard. The direct saving to the public patrons of the municipal coal yard the first Bixty days was approximately $10,00(0. The total estimated saving for the winter as a result of the munici pal coal yard's activities, including both the coal sold by the municipal coal yard direct and that bought from the private dealers, will be about $125,000. As a means of reducing the cost of living and curbing the profiteer, the city of Lincoln's ex perience in the municipal coal yard business has demonstrated that the quickest and most effec tive way to protect the public against combina tions in restraint of trade and against profiteer ing is to restore competition, and that is what the city of Lincoln "has done to meet the uncon scionable profiteering that has been going on in the coal business, not only in the city of Lin coln, but throughout the country. TEXT OF FOUR POWER TREATY "A Washington dispatch under date of Dec. 10, says: The text of the new quadruple treaty be tween the United States, Great Britain, France and Japan follows: With a view to the preservation of the general peace and the maintenance of their rights in relation to their insular possessions and insular dominions In tbe region of the Pacific ocean. Have determined to conclude a treaty to this effect arid have adopted as their plenipotentiar ies The president of the United States of America. His majesty, the king of the United Kingdom of Great Britain and Ireland and of the British dominions beyond the seas, emperor of India and for the dominion of Canada. For the commonwealth of Australia. t For the dominion of New Zealand. For. India. The president of the French republic. His majesty, the emperor of Japan. Who having communicated their full powers, found in good and due form, have agreed as fol lows: Jf . 1 The hieh contracting parties agree as be tween themselves to respect their rights in re lation to their insular possessions and insular do minions in the region of the Pacific ocean. If there should develop between any. of the high contracting parties a .controversy arising out of any Pacific question and Involving said rights which is not satisfactorily settled by diplomacy and is likely to affect the harmonious accord now happily subsisting between them, they shall Invite the other high contracting par ties to a joint conference to which the whole subiect would be referred for consideration and ad2Ife?he said rights are threatened by the aggressive action of any other power, the high nnntractinff parties shall communicate with one Mother fun? and frankly in order to arrive at . r an understanding as to tho most efficient meas ures to bo taken, Jointly or separately, to meet tho exigencies of tho particular situation. 3 This agreement shall remain in force for ton yoars from tho time it shall take effect, and after tho expiration of said period it shall con tinue to bo in force subj'ft to tho right of any of tho high contracting parties to termlnato it upon twelve months notice. 4 This agreement shnll be ratified as soon as possible In accordance with tho constitutional mothods of the high contracting parties and shall take effect on tho deposit of ratification, which shall take placo at Washington, and there upon tho agreement between Great Britain and Japan, which was concluded at London on July 13, 1911, Bhall terminate. THE SEARCH FOR MONEY . After ovory violent chango in price levels, : especially the sort of chango wo have had late ly, look out for the money reform. Henry Ford took his friend Edison down to Muscle Shoals the other day to pass judgment on his project of taking over the power plant which tho gov ernment built there during tho war. In the presence of that great torrent of water Mr. Ford outlined his money scheme. Gold has shown, by its violent fluctuations, Its unfitnoss to bo tho -measuro of tho world's values. For gold ho would substitute power. Power, not raonoy, makes the mare go For a unit of exchange Av. Ford would have a currency representing power. For his day's pay a laborer should receive 1 f.s pay in energy comparablo to the energy which he had expended. A note entitling him to a certain number of kilowatt hours of energy out ' of the nation's store might answer. Commodi ties would find a price lovel in decimals of kilor watt hours approximating tho energy which their production entailed. There are details to fill in, of course. Thoro are cases where men receive Incomo without yielding any energy in return. Such, for in stance, as tho family of foreigners who collect rent for the use of several thousand acres of unimproved Nebraska land. Perhaps their sharo would come, just as at present, out of the ener gies of their tenants. These matters could doubtless bo adjusted under Mr. Ford's money regime as well as they are under the reign of gold. In their gilded dens far to the east tho samo fellows who laughed at Mr. Bryan are laughing at Mr. Ford. Well, then, let them turn their at tention to the more conservative Professor Irv ing Fisher. Professor Fisher proposes not to abolish the gold dollar, but to stabilize it. Ho would do this by diminishing its size, thus in creasing its number, as prices fell, and by in creasing its weight, thus diminishing its num bers, as prices rose. By this sort of thermosta tic action he thinks money temperatures can bo kept at a predetermined normal. Thus wo shall escape these Irritating, revolution-making prico' fluctuations. If those who stand pat on their sacred 25.8 grains of gold are still dissatisfied, let them con template the prospect that Europe, seeing most of its gold in the vaults of the American sub- ' treasury at New York, may find it necessary to demonetize gold altogether and pin their faith to silver. Nebraska (Lincoln) State-Journal. , , '.., MR. BRYAN'S CONFERENCE REPORTS Hon. Frank A. Day, in Fairmont, Minn., Senti nel: Millions of people are dally devouring every word William J. Bryan writes in regard to tho , disarmament conference. He always had great audiences but in the present case the world is his forum and every word he writes is ' freighted with wisdom and candor. The com- moner stands unchallenged . as tho , greatest moulder of public opinion of this day and age. ' Secretary Wallace is of the opinion that it will take at least five years more for the farm ers to recover their former economic status, due to the fact that they have been .compelled to bear the brunt of the price readjustment so far. By that time cooperative marketing ought to be fairly well established, and with an orderly march of wheat and. hogs and cattlo to market under a. system that bids fair to ho well financed the farmer ought not to be again caught in the gamblers' trap. That man Einstein, who invented the theory of relativity, said that it wag so Involved that only five other men besides himself understood what it meant. Yet we venture to say that inost any farmer who observes the market pi Ice of corn and looks over his costs of production could explain what entire absence of relativity means, ' s t ;i ". s. ,--, ' IE ,j 1 ' :i V 1 t 1 - .- Vj , m '? vB o aiw-t.v 'S&ijfcL-iAk