The independent. (Lincoln, Neb.) 1902-1907, February 19, 1903, Image 1
tit " A Vol. XIV. LINCOLN, NEB., FEB. 19, 1903. No. 39.- TIME TO EDUGATE The Tint Step In tho Contest for Snprem . mcjr In 1904 Begin the "Work Mow Americans have boasted that the United States is the most progressive, enlightened, and best , governed na tion in the world. Too frequently th3 boast is made without properly" stating- with any.deflniteness the partic ulars in which the United States ex cels. It is the greatest nation on earth , in many respects. . It has the .largest area of good tillable soil, the greatest diversity in all the products that can be produced, and on account of .its peculiar isolation from the rest of. the world perhaps it would bethe most powerful in a military contest But there are - other lines in which the United States does not excel it trails along behind. Australasia has.,a system of land ownership and taxa tion that is far more just and equit able than any in practice in this coun try. It is so conceded by all econ omists. Many European countries have better control of the great cor- porations than this government has. In England the government owns and operates the telegraph system and parcels post exactly as the mail of that country and this is handled. In many of the European countries the governments either own already or are rapidly acquiring the ownership and control of the railroads and transpor tation facilities of the country. In ' Sweden and Others the. telephone sys tem is owned by the government and telephones are furnished at so -small an expense that almost every farm house is equipped with a telephone that enables him to talk to almost any resident in the kingdom. Iumany lines, of government the United States was long ago distanced in the race. Why is it? ; Because our people have been, so busy "going west" and devel- niinir tVio pmiTitrv that thov ha'vA eiv- en but. little . time and attention to nroblems of government. The money ' oower of the country has not gone to -the front "to the west." They have lingered behind and by organization and combination have become so pow ' erf ul that they are almost beyond the reach of congress,' . The trust on kero sene oil. the trust on sugar, the coal trust, the steel trust, the farm ma chinery trust, all collect their tribute from the farmers and laborers of the country upon every article sold or consumed. It is only by education and organization of the people that the rule of sreed can be destroyed. Why should the plain people of America suffer the money sharks of the world to get this country as firmly in their grasp and control as they have had - in India, Egypt, Ireland, Italy, Tur key, and other nations of the old 1 world? In the language of a poem ' -written by Mr. J. A. Edgerton, for : irierly a resident of Nebraska, now, of Denver, Colo., and well known to many Independent readers "it is time" time to educate and organize: It Is Time In this age when pold is Ising, Seated on a brazen throne; When 'tis thought the proper thing, To rate men by what they own; W! en the brute is more and more And the spirit, less ami less; When the world s lorded o'er By corruption and exress; It is time that men of worth Baldly step into the van. With this message to the errth: Down with Mammon, up with Man. We have seen the idler feast, While the toiler lacked fr bread. We have seen the king and priest , r . Rob the living and the dead. ' ' We have seen the thief ar ayed ; In the purple robes of tate, While the honest man was made To beg succor at his gate. It has ever been the same incf tlvs reign f wealth began. I,et us stop the sickening game. . Down with Mammon, up with mail. 1 ' Earth is far too wise and old For a lordlitig or s ave; ' To resp-' ct a band of gold On the forehead of a knave; Far too old for war and hate; O d enough for brotherhood; Wise enough to found a state, x Where men seek each others good. We have worked for se'f too long. I,tt us try ft better plan: I,et us labor for the throng. Down with Mammon, up wth Man. Many of the br'ghtest, best, ' ' Of the earth wrre counted poor. Some possessed "not where to rest;" Others toiled and hardship hope. Homer, at the dawn of Greece, Sung and begged from day to day, Buddha, born with palaces, Flung the oaubles all away. Wealth i by the devil prized. . God has cursed it with a ban. I,et u hear the pauper, Christ. Down with raammon, up-with Man. 0, my people, will you heed? - Be no more like beasts of prey, w Turn from selfishness and greed. I,et us find a nobler way. From the worn-out lies of old, - I,et us make the whole woild free. -Down with kings snd priests and gold. Up with God, humanity. 1, ust for gain breeds hate and crime. JLet us crush it while we can. I,et us bring the better time. -Down with Mammon, up with Man. You have read The Independent and know of the work it is doing in edu cating the people as to existing con ditions and the principles ana uw trines it teaches for the remedy of ex- istine wroncs and injustice. You have read The Independent and know of its loyalty to the cause of good govern ment. Will you do your part in help ing: to overthrow the rule ot Mammon and substitute Abraham Lincoln's gov ernment of the people, by the people, and for the people? The IndeDendent has announced a special rate, only $1.00 for NEW sub scriptions to run until after the pres idential election in ishw. icecrumng coupon books containing five coupons in each book have been prepared. Each coupon is good fo a subscription to The Independent to be sent to any address in tho United States until November 17, 1904, twenty-fine months from this time. Every reader inter ested in the cause of good government should send for a -recruiting coupon book. No charge is made for tho book or coupons in advance. We'll send you the book and when you have sold the coupons send $1 to The Inde pendent for each coupon sold." Any unsold coupons may be returned. It costs you nothing to try. Send for a book today. Here are those who have already ordered coupon books. Why not have your Dame added to the list" O. S. Williamson, Beaver City, Neb. J. M. Knox, Cambridge, . Neb. A. W. Gingery, Lamir, Colo. A. It. Cross, Lewis, Kas. A. F. Parsons,. North Platte, Neb. J. T. Sims. Simsville,- Ala. W. U Essickr North Benton, O. J. M. Babb, Clayton. III., , James Mcllduff, O'Connor. Neb. ' Raloh Ashton, Emmett, Neb. . J. B. Vaughan, Clifton. S. C. Neb. Mut. Ins. Journal. , Wm. Bpiley, Eldorado. Kas. August Uhde, Curtis Bay, Md. William Hancock, Loup City, Neb. Wm. Snrman. Carlinville. 111. David Marshall, Milltona. Minn. H. J. Mason, Pullerton Neb. Jerry Johnston, Miola, Pa. H. J. Ma?on, Fullerton. Neb. S. B. Bin field, Prosser, Neb. A. Carr. Gilbert, Miss. J. P. Bridrer, Mt. Airy, Ga. W. T. McCnlloch, Jps"ie, N. D. Daniel loitt, l a Hroe, 111. A. S. McKee, Basetville. KasT Oeorge Bliss. Dorchester. Mass. TT. L. Shelton, Wanneta, Neb. P. T. Fovrns, Witeonville. Neb. J. H. Wright. R'isMn. Neb. Alexander Ritrhev, Strattnn, Neb. Oha. P. Footle. Boone. Neb. J. Wildes. TTillsboro. Ore. E. . E. Fancher, Yorktown, Kas. THE SERPENT'S COIL Not a Vote Maker. The socialist labor party has always contended that the Appeal to Reason is of no value to the propagation of socialism, as it i3v not a socialist paper. The social- ( ist of Seattle, Wash., prints a statement on this point that clinches our contention. Says it: "We point out that income por tions of this state where the Ap-, peal circulates very widely, and where no other socialist paper is taken, we got the lowest vote, as in Walla Walla and Lewis coun ties." The Socialist believes that the Appeal has been making con verts for W. R. Hearst's radical democratic party. When friends speak that way, who will deny that Jthe socialist labor party is righfin denouncing the Appeal? Weekly People, N. Y. Yet the Appeal talks of absorbing the populist party! Not yet, Mr. .Way land; not until your own factional fights are settled and doubtless hot then. The Wilber Republican deserves commendation for the reallv excellent souvenir edition, "Wilber Illustrated," published for the "purpose of cele brating the : 25th anniversary of the location of the county seat at Wilber and the 17th anniversary of the Republican." Treasury Department Withdrawing Rotes of f mall Denominations and Re placing With Gold Certificates Editor Independent: To those who wish to know what the financial in terests (that ar.e as much in control of the treasury as they are of their own banksrare doing, a brief analy sis of the "Circulation Statement" Is sued February 1, 1903, may be inter esting. - Under the head of "General Stock of Money in the United States" it is reported that, on February 1, there was in gold coin (including bullion in the treasury) $1,252,842,475. This was an increase over what was reported January 1, 1903, of $5,965,760. Notwithstanding this increase, tho statement shows that the amount "held in the treasury as assets of the government" was 8247,783,746. This is less' than the amount held January 1 by 822,993,518. The actual amount of gold in circulation is stated to be $629,023,915. This is les3 than the amount said to have been in circula tion on January 1 by $656,717.. The amount held as assets of the govern ment, and the amount said to havo been in circulation, was $376,418,819 less than the stock in existence. This amount Is also held in the treasury and is represented by gold certifi cates in circulation. It should al ways be remembered that the amount of gold actually in circulation as stated is 'only an estimate; an esti mate that, in the opinion of competent judges, -is considerably in excess of the actual amount. The particular point that w.ill at tract the . attention of competent ob servers is, that on February 1, the gold certificates had been Increased during January, $29,615,995. The whole increase of "general stock,'' thewhole decrease of gold held - as "assets of the government,' and the decrease of gold in circulation were represented by an increase in "gold' certificates." This increase of gold certificates would mean an increase of $2&,959,278 to the amount of money in circulation If there was no decrease of any of the other kinds of money. There are nine different kinds of United States money in existence as reported by this statement, the total amount of the general stock of which was said to be, on February 1, $2, 656,559,109. This is an increase during January of $5,150,551, or an increase that is $815,209 less than the increase of gold alone. During January there was an increase Xby coinage of course) of standard silver dollars amounting to $1,482,385. By a little calculation it' appears that there must have been a decrease of other kinds of money amounting to $2,297,594 made up as follows: Subsidiary silver ...$--241,356 Treasury notes of 1890 1,100.000 Nat'l-bank notes -. 956,238 While it is shown, under the head of "General Stock,' that there was a decrease of ; treasury notes and - na tional bank notes, the decrease is not alone sufficiently large to be signifi cant It becomes more significant when changes in "Money in Circula tion" are examined. The whole amount of the nine dif ferent kinds of money in circulation on February 1 is stated to have been $2,355,8,834. .This is an increase dur ing January of the stated amount in circulation of $7,037,933. I have al ready stated that the total increase by gold certificates was $28,959,278. There must, therefore, have been a decrease in other kinds of money in circulation of $21,921,345. This decrease is made up as follows: Standard silver dollars $2,471,886 Subsidiary silver 1,842,85 Total decrease of silcer cir culation $4,314,741 Treasury notes of 1890 $1,054,948 United States notes 3 563 35 Silver certificates 6,714.033 National bank notes... 6,274,278 Total decrease of paper cur rency. ..$17,606,604 $21,921,343 Under the head of "Assets of Gov ernment," there was a decrease of the holding of gold, and treasury notes amounting to $23,03S,570, while the aggregate decrease of the holding of all kinds of money as assets is only $1,887,382 during January. It Is ap parent therefore, that the large de crease of gold, etc., was replaced by $21,151,188, which is made up as fol lows: ' Standard silver dollars. . . .$10,668,301 Subsidiary silver ..' 1,601,49.3 ? Total Increase of silver as- sets ....$12,269,803 U. S. notes ( greenbacks )..$ 3,563,345 National bank notes....... 5,318,040 Total paper currency held as assets ..............$ 8,881,385 $21,151,188 What has occurred during January? First The treasury department took out of circulation silver coin. $5,797,126 and silver certificates....... 6,714,083 Total silver currency tak en out of circulation... $12,511,209 Second The treasury department has increased its holdings, thus tak ing out of circulation in United State? notes ..; ,' $3,563,345 Third The treasury department has increased its holdings of national bank notes . ......... $5,318,040 The banks decreased their culation .................. 956,230 Total national bank notes taken out of circulation. $6,274,270 ' Total '.......$22,348,648 This whole amount must necessar ily be money of small denominations taken out of circulation and replaced by gold certificates of large denomi nations. I have a letter from Ellis II. Rob- erts, treasurer, dated December 6, . 1902, from which I copy the answer to the following question: Question 3 "Will you explain to -me why. the small denominations of United States legal tender notes, Is, -2s and 5s, and the larger denomina tions above 10s are being diminished, and the number of the denomination of 10s so largely increased?" -- Answer "The demands of the peo ple for notes of small denominations have surprised the closest students of the currency. Year by year estimates of the maximum to be required have been proved by experience inadequate, and further provision was called for to meet the growing needs of busi ness. In compliance with the spirit as well as the letter of the act of March 14, 1890, the issue of silver cer tificates is limited to smaller denom inations, Is, 2s and 5s. As redemp tion of United States notes., are made, this class of paper is confined to de nominations of $10. Geld certificates of $20 and upwards are issued in abundance against goU in the treas- ury and furnish the larger denomina-. tions required." Compare this answer with the facts as shown by the "Circulation State ment" of February 1, and let any candid man express his opinion as to whether the treasury department is trying to conserve the interests of the people of this country, or the in terests of the New York banking com bine. If Mr. Roberts is right about the requirements for small denominations of money( and there is no doubt about it), what inference must be drawn., from the action of the department during January? The only inference that can be drawn i3, that the wishes of the eastern banking interests have " more Influence over the treasury offi- . cials and the administration than tho ' business requirements of the whole country besides. The coil of this eastern financial monster tightens slowly but surely. How long will the American people submit to the dictation of these finan cial pirates, who have been plunder-, ing us on land and on sea ever since the beginning of the civil war? FLAVIUS J. VAN VORHIS. Indianapolis, Feb. 10, 1903 Burning Corn Coal has been 'raised another half dollar per ton by the combine. Much corn has been used for fuel in this country this winter. The farmers would be better off financially If they could sell their corn for only 15c per bushel and buy coal at the price of a few years ago and also other things at the prices thev used to pay for them. It. S. Scofleld, in Loup Count News, Taylor, Neb.