Image provided by: University of Nebraska-Lincoln Libraries, Lincoln, NE
About The independent. (Lincoln, Neb.) 1902-1907 | View Entire Issue (April 2, 1903)
THE NEBRASKA INDEPENDENT.
APRIL 2, 1903.
& Private Diseases
of MKN & WOJ1EK.
AND NO PAY UNLESS CURED.
We guarantee to cure all curable cases of
the Nose.Throat, Chess, Stomach, Liver, Mood,
hkiu end Kidney Diseases, Lost Alauhood,
Jiitrbt Emission. Hydrocele, Varicocele, t"n,
oirhea. Gleet, Piles, I? islula and Keclal L'h
Diabetes and Wright's Disease. tluO.OO U r a
case of CA1AKKH, KI1KLMA1 JsM, DIM
I'KI'.MAor 8Y11IIL1S we cannot cure, If
" . IIOMK TREATMENT 11Y MAIL.
Kxaminatlon and consultation free. Call, or
address with stump, V. O. Box 24.
Drs.Sear.es & Searleslrh.VuocV
Pure Bred Seed Corn in the Ear.
Loroj homines, lioz (33, Martinsville, 111.
1 FREE Si
Tks Sure Hatch's Latest
An automatic, direct acting
regulator that surpasses any
other improvement ever trade
In incubator, gcrxl for newillu
itrated catalog and free trial offer.
SURE HATCH IftCUBATOR CO ,
Clay Csnttr, dab., or Ceiumbuj. Ohio.
TIFPANV'S Sure Death to
Lice (Powder) aprinklod
la the nest keeps your
fowls freo from lice. Sprinkle
hen and the little chicks will
"Liquid" kills mites instantly.
Sprinkle bed for hogs, roost
for fowls. Box powder for lit
tle turkeys aad chicks post
paid 10a We want asrents.
TUB TIFFANY CO.,
for an Incubator yoa
bare not tried, when
ou can get tha beat.
tuu Royi IacwaxUor, on
30 day free tri ai. ItiieiiUro
ly automaOo and cartaiu in
mults. Try en. CWlo;u fttt.
ROIlI. ISt t BAIOR CO.,
DayU i Dm MaUn, Iowa.
7 Patnb Sl.00
SO Conoid, $1.00
1000 Mulberry, $1.00
50 Asparagus, 25o.
Immense stock, fine quality, low price. Freight
prepaid on $10.00 orders. Genera 1 catalogue free,
CAGE COUNTY HURSERIES. Beatrloa, Nabr., Box. -A)
Wo promlsn you the bfst Incu
bator on earth. $t.50 up; all the lat
ent improvements, no uiuht watch-
tir, because we uso our I'lve-inch
'tumble ater Uegulator. 30 days'
ids), send it back if you want to.
atalaguo free. ve pay freight.
BL'kR kNCUBATCR CO.
;oi 42. (.rnuha, Net.
Honest men who are
fairlv well acquainted
in the count v where
they live who want to engage in an honest and
Drcfitable businesssto write us for particulars.
r It is a money maker for a hustler. Others are
making from i6 to$n per day. Why not you?
The Olive Food Co.
Money and the Taxing Power
BY W. H. ASHBY,
All Rights Reserved.
A Bushel of WEST'S HIGH BRED
Bight different varieties to telect from.
These varieties include corn su table for dif
ferent climates and localities. Every ear is
carefully selected and examined. Every
bushel sold is guaranteed to prove sat s fac
tory. If it does not meet with your appn.va!
I return it at my expense, at.d money paid will
Seed Corn and farm seed cr.talogue free.
Enclose two-cent stamp and samples of seven
different varieties of seed corn will be sent
imii Write todav. Address
C. M. WEST, Shenandoah, Iowa.
I lif mini ii '!sij"yii.
Those retailers of hearsays, called
"Professors of Economics," have mis
led mankind upon thi3 matter by pro
mulgating two patent falsehoods:
First They have assumed that it is
"coin," or its substitutes, that Is
meant by the word "money," and
which facilitates the exchange of com
modities for each other.
Second That "money" by which
they mean ,:coin," or substitutes for
' coin" is created as a necessity in
and for the purpose of facilitating
Even John Stuart Mill, from whom
better things might be expected, Is
lost in this intellectual quagmire.
"Things which by barter would ex
change for one another, will, if sold
for money, sell for an equal amount
of it, and so will exchange for one
another still, though . the process of
exchanging them will consist of two
operations instead of only one." Mill,
Political Economy, Book 3, Chapter 7,
Section 3, Page 24, of Volume 2, Ap
pleton edition, 1893.
"The relations ' of commodities to
one another remain unaltered by "mon
ey: the only new relation introduced
Is their relation to money itself; how
much or how little money they will
exchange for; In other words, how
the exchange value of money itself is
determined." Ibid, page 24.
"The supply of a commodity means
the quantity offered for sale. But it
is not usual to speak of offering mon
ey for sale. People are not usually
said to buy or sell money. This,
however, is merely , an accident of
language. In point of fact, money is
bought and sold like' other things."
Ibid, page 26.
The . last extract proves that Mill
himself saw that "coin" is merely a
commodity in exchanges, and is used
The superficial character of the
thought bestowed by these writers be
comes manifest the instant one looks
at the facts. They are deceived by the
childish assumptions received from a
barbarous past and accepted by them
without the smallest attempt at in
quiring into their validity. Assuming
that "money" is "coin," or some sub
stitute for coin, and that it was in
stituted with the intent to facilitate
the exchange of commodities for each
other, each of these writers proceeds
to illustrate that proposition by stat
ing a case which is always the same
statement with a change of names
Here It is:
"A tailor has a suit of clothes worth
$25 and desires to exchange them for
other commodities, and of courses
without loss to himself. He wants $5
worth of pork and $5 worth of flour.
The difficulties of exchange thu? il
lustrated constitute the necessity for
Running through the productions of
these writers, with immaterial varia
tions, is found the frame-work of the
above problem. Now, in the first
place the purpose is to prove that
coin "facilitates the exchange of com
modities for other commodities." But
before they are through, it turns out
that their purpose is to -prove that on
can exchange a coin with great facility
for all commodities.
The real-question is,' In what w?y
does "coin" facilitate the exchange of
the suit of clothes for the needed pork
and flour? And by the supposition, the
people where the supposed tailor L
operating have no "money" and conse
quently no "coin." The "Professor of
Economics" is supposed to discover
them :'n this deplorable condition, and
sets forth the dilemma and proceeds
by the use of coin to extricate them
Now, the first absurdity 13 that in
such circumstances the quantity of the
value of the suit of clothes is, in the
example given, always expressed in
the "money" term and that always
constitutes "price." Then the real
problem is how a tailor may exchange
$25 worth of clothing for $5 worth of
pork and $5 worth of flour, without
loss to himself. There can be but
one answer to this: He cannot do it.
Instead of perceiving the fundamen
tal impossibility of such a thing, they
merely dwell upon the difficulties that
are ofcen felt in the country and small
towns, having a "money term" and
supplied also with "coin," namely,
"making the change." There is no
more difficulty in the proposition to
exchange a suit of clothes worth $25,
without loss, for $5 worth of pork and
$5 worth of flour, than there is in
the proposition to exchange without
loss a $20 bank bill for a $5 gold coin
and a $5 treasury note. The thing
cannot be done.
But they ring the changes upon
these "difficulties" and point out on
the first place the "difficulty" of find
ing some orie needing the clothes,
who has that quantity of pork and
flour which he wishes to exchange toe
the particular suit offered. Then vher.
these difficulties are overcome, the
exchange cannot be made because the
things are not of an equal quantity
of value. It never occurred to thum
that if the tailor preferred the pork
and flour to the suit of clothes, and he
and the other party agreed upon the
exchange, that the question of differ
ence in quantity of value, which con
stitutes the difficulty, would be elimi
nated. Neither the clothes nor the
pork and flour had any "price" fixed
and stamped upon them by law at.
which they must be accepted In ex
change. But they tell us it would be unfair
to give a suit of clothes of the value
of $25 for food of the value of $10.
It is plain that this is true. The man
who owns the clothes should receive
the quantity of value expressed by the
term $15, in addition to the named
quantity of pork and flour, to make the
quantities of value equal. But this as
sumes that these people have a means
of expressing quantity of value, which
begs the whole question.
The "Professor'.' here jumps to the
conclusion that "coin" comes in at
this point as the sole solution of the
difficulty, and shows that an. eagle and
a half eagle would equalize the ex
change But why a coin? Would a
$20 gold piece help the case? Not in
the least. If the owner of the food
had a , cow ..which the .. tailor . would
agree to take for the balance, the cow
would perform the function just na
well as the boasted "coin;" for unless
the tailor will agree to accept the
$15 difference in the quantity of val
ue, the exchange must fail in any
Such authorities never perceive tit
real difficulties that surround the ex
change of heterogeneous commodities
for eat h other. The real difficulty i3
not how to exchange things for each
other, whose quantity of value is ex
pressed in a money term, and w' ose
"price" is thus known. The difficulty
is the heed of a term which stands
ever as the" symbol of a fixed quan
tity of value, no matter what the com
modity may be, and which symbol,
aided by the numerals, will always ex
press the degree of intensity of the
force of demand for all commodities
at any given time and place. And the
expression of that degree of demand
is the "price."
What is needed to facilitate ex
changes is a means of setting prices.
"Coin" in such cases is simnlv an
other commodity, and unless the Dar-
ties concerned happen to have a coin
or coins of the exact quantity of value
required, no exchange, without loss,
can be made either with them or with
out them. Coin can do no more to
facilitate exchanges between any 'two
other given commodities, than can any
other third commodity, divided into
the like parcels, and for which then
is an i qtal quantity of the force of
demand in action.
On the other hand "money" does
facilitate all such exchanges; and
"money" does so because it is a de
vice through which we may express
an estimate or appraisal of the quan
tity of the force of demand for each
commodity, and the consequent quan
tity of its "valuation," which when so
expressed is "price." When the quan
tity of value of a fixed weight or
measure of any two commodities thus
expressed Js identical, their quantity
of value is equal, because their pric'
is equal; and that fixed weight or
measure of tha one article i3 the ex
change equivalent of th.-j given weight
or measure of the other article.
(Continued Next Week'.)
LaGrippe . Caused
My Friends Know Heart
Cure Cured Me.
Mrs. C. O. Hurd, n8 W, Third St, Musca
tine, la., is well known throughout her
section or Iowa as an ardent worker in the
M. E. Church. She says: "LaGrippe left me
with a severe case of nervous depression and
nervous dyspepsia, which soon affected my
heart. I suffered from sleeplessness, head
ache, extreme nervousness and twitching of
the muscles. The slightest exertion would
cause shortness of breath, a numbness of my
body and hot flashes w th pain. I will left
you what I am constantly telling my friends .
that Dr. Miles' Heart Cure cured me so
that all these disagreeable symptoms lelt me.
I may add that for severe pain I have never
found anything to equal Dr. Miles' Anti-Pain
Pills and think the Nerve and Liver Pills are
a wonderful stomach remedy."
"Our son was stricken down with heart
trouble in his twentieth year. For two
months we got no sleep with him at night,
so we commenced to use Dr. Miles' Heart
Cure and Nervine with the Nerve and Liver
Pills and today he h sound and well. In ,
fact he passed a physical examination since
his sickness ana is with the Army in the
Philippines. I desire to add that Dr. Miles'
Anti-F"aiu Pills have certainly beenaloon,
to me. I am frequently troubled with- sick
and nervous headaches and I have never
found anything that would relieve me so
quickly and leave me feeling so well there
after." Mrs. Alice Moad, Buffalo, Mo.
AH druggists sell and guarantee first bot
tle Dr. Miles' Remedies. Send for free book
on Nervous and Heart Disea es. Address
Dr. Miles Medical Co, Elkhart, lad.
Red River Seed Potatoes
at the Nebraska Seed Farm. For
the next fifteen days I will close
out my entire lot of pure seed po
tatoes at 75 cents per bushel. They
are nice, smooth and large and
free from scab and rough spot3.
All orders will have my prompt
Trees of Various Kinds
Adapted to the western climate, at very
reasonable prices, can be obtained from
the Jefferson County Nurseries, Jansen,
Neb. Address box 25. D. D. Thiesen,
Jansen, Neb. Send for catalogue.
3 Apple trees, 3 feet.
3 Teach trees, 4 feet.
3 C herry trees, 3 feet
6 Currants, 1 year.
25 best strawberry plants.
10 Asparagu ,
10 One year s ulrcrry.
if nd for cataloguo at once.
GRAIfl, FRUIT, AND ROOT CROPS,
1 be best land investments In United States ta t ba
found In tho I'igr Uend ountry of Kasteia aiihii;
ton. rite for lnf( rination.
WASHINGTON LAND CO., Waterville, Wash.
4 Members of Legislature Will Find
The Hotel Walton
1516 O STREET.
the best and most convenient low oriced
J houe in the c ty. Rates 1 per day and up.
" SV3oney In Poultry
Our new-eS-p. iuustratedi
book tells how to make it.
Also how to feed, breed, grow and
market pouliry for best remits.
rlans for houses, diseases, cures, hon
to kill lice, mites and nivcs many valu
able receipts. Illuctr.ites and describes tin
largest mro-brcd poultry establishment
the couiiiry; qmnes iuw priueaun pure-orca.
atwl potr. Mftiled to an V ftrlririi for
la sumps, p. F0Y, Cox Des Mouses, U. " V
1 GREAT WIRE TOOL.
6 in 1, Ring Former, Ring Clincher, Wire
Cutter, Pinchers, Wire Splicer, Staple
Puller. Handiest tool made for mending
and turning old wire fences into hog titfht
enclosures. Price S2.00. Agents wanted
for every township in U. S. First order
gets choice of territory. Write at once.
C. W. CARTER. ROME. IOWA.
HARNESS ok? j"
v n in
BEFORE. YOU BUY.
Powered by Open ONI