8
THE NEBRASKA INDEPENDENT
APRIL 30, 1903.
Cbe Hebraska Jndepetidtnt
Lincoln, Nebraska.
LIBERTY BlilLDING. J328 0 STREET
Entered according to Act of Conjrresscf March
3, 1879, at the Postoffice at I,incoln, Nebraska, a
econd-clasa mail matter.
PUBLISHED EVERY THURSDAY.
FOURTEENTH TfEAR.
$1.00 PER YEAR
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Add rea all communications, and make all
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' Anonymous communications will not be
oticed. Rejected manuscripts will not be
returned.
The purchase of bar silver for Phil
ippine coinage in New York advanced
the price of silver to 50 cents an ounce
and The Independent's prediction
stands fulfilled.
The Anthracite coal trust is a far
more aggravated case of the viola
tion of the anti-trust law and restraint
of trade than that of the Northern
Securities company. Will it be prose
cuted? .
The two republican parties in
Omaha are telling more truth about
each other than has been made public
for many years. Each wing declare
that the other is and has always been
a tool of the corporations and gam
blers and both tell the truth.
There has already been presented
to the treasury $30,000,000 bonds, 3's
of 1908 and 4's of 1907, for refund
ing under Secretary Shaw's scheme.
That means $30,000,000 more of na
tional bank notes to run for 30 years."
No doubt the whole $100,000,000 will
soon be turned over.
Organized labor leaders often assert
that it was labor organizations that
started the movement for the public
ownership of public utilities. It has
hitherto been conceded that the first
impetus given to that demand came
when the peoples party was organized
and it has been aprominent plank In
all their platforms ever since.
A lot of naval officers have been
arrested in Porto Rico for smuggling.
The grand jury has indicted them, and
notwithstanding that the secretary of
the navy sent instructions to the
United States attorney to drop the
prosecution they are still held. With
r.ot enough officers to man the ships
and some of them in jail the navy de
partment is having a time of it.
During the last year the people in
a large number of cities have revolted
against republican corruption and
prosecuted the boodlers as they have
never been prosecuted before. The
penitentiaries and jails that care for
the criminals of the cities of Minneap
olis, St. Louis, Seattle and several
others, of like stripe, must be pretty
well filled up with prominent repub
lican politicians. Some day a wave
of revolt like this may strike Phila
delphia and if it does, the jails will
have to be enlarged to accommodate
t,he republicans who have been oper
iting there.
The municipal elections in Illinois
last week resulted in the republicans
getting defeated in many places where
they had ruled supreme from ten to
eighteen years without a breaks It
was sometimes accomplished by citi
zens' tickets and sometimes by
straight democratic tickets. The cor
ruption of the republican party in Il
linois had become unbearable. ' The
Tanner and Yates regimes are the
foulest that the state has ever known
and the corruption has penetrated the
cities and counties until a general de
mand arose to "turn the rascals out."
The people of Omaha generally be
came disgusted with the way the city
government has been carried on by
the republicans and revolted. Then
those who were opposed to it divided
themselves into at least four different
parties and are all going to vote for
separate candidates. That is the
queer way that the citizens of this
republic often act when they try to
reform the government of cities,
states and nation. That is the reason
that the rogues prosper "and the ras
cals are seldom turned out.
XNEHIEg OF LABOR
The constantly increasing circula
tion of. The Independent brings into
the list of its readers a large number
who have not read the economic dis
cussions that have appeared in its
columns during the last few years and
the consequence is that these discus
sions must often be repeated to an
swer the Inquiries of those who have
had no opportunity to acquaint them
selves with the science of political
economy, or gather the facts that are
necessary to know, when brought in-,
to contact with those who defend the
aggressions of plutocracy. There
seems to one error that thousands of
the laboring population cling to with
all the persistency that they would to
what they believed to be a divine rev
elation and part of holy writ.
This error may be divided into two
separate parts. First, that the waste
ful expenditure of the rich puts more
money in circulation, and, second,
that it adds to the welfare of the poor.
1 the millionaires had their millions
in gold and "that gold locked up in
private vaults, when" they gave a bah
costing $100,000, or built a worthless
yacht, costing half a million, then they
would add to the money in circula
tion those amounts. But that is not
the case at all. The average million
aire carries around with him and out
of circulation very little money, per
haps not as much as the average man.
of business. If he has much ready
cash it is deposited in the banks and
the banks' keep it constantly in cir
culation. The wasteful expenditure
of a milHon dollars would not add
one dollar to the circulation. Addi
tional money must ,be created to do
that and as yet the gpvernment has
not delegated to the millionaires the
right to coin money.
The .second part of the proposition
is an error as old as the hills and has
been refuted by every economist of
authority who has written on the sub
ject. In discussing that question Mill
says:
'"The person who expends his for
tune in unproductive consumption is
looked upon as diffusing benefits all
around, and is an object of so much
favor, that some portion of the same
popularity attaches to him who spends
what does not belong to him. . . .
This popular error comes from at
tending to a small portion only of the
consequences that flow from the
spending or the saving; all the ef
fects of either, which are out of sight,
being out of mind. There i3 inone
case the. wearing out of tools, a de
struction of material, and a quantity
of food and clothing supplied to la
borers, which they destroy by use;
in the other case there is consumption
only, a destruction of wines, equipages
and furnitifre. Thus far the conse
quences to national wealth has been
much the same; an equivalent quan
tity of it has been destroyed in both
cases. But in the spending, this first
stage is also the last stage; that par
ticular amount of the. produce of la
bor has disappeared and there is
nothing left, while on the other hand,
during the whole ttme that the de
struction was going on, the saving
person (Mill here means the person
engaged in the production of wealth)
has had laborers to work repairing it;
who are ultimately found to have re
placed, with an increase, the equiva
lent of what has been consumed.
, "Almost all expenditure being car
ried on by means of money, the mon
ey becomes to be looked upon as the
main feature in the transaction; and
since that does not perish, but only
changes hands, people overlook the
destruction that takes place in unpro
ductive expenditure. The money be
ing merely transferred, they think the
wealth has also been handed over by
the spendthrift to the other people.
But this is simply confounding money
with wealth. The wealth that has
been destroyed was not the money,
but the wines, equipages and furni
ture which the money purchased, and
these having been destroyed without
return, society is poorer by that
amount. Not only the employment
for productive laborers is diminished,
but the subsistence and instruments
which are the means of such employ
ment do actually exist in smaller
quantity."
If the above extracts are closely
studied it will be seen that the only
conclusion that can be drawn is that
the millionaires who expend thou
sands of dollars upon horse and mon
key dinners, the building of million
dollar yachts and other things of like
nature, are engaged in the destruction
of the wealth of the nation and not
in increasing it; in decreasing the op
portunities of employment and not in
enlarging them. They are therefore
the enemies of labor and not its
friends. wswvv
Judge Thayer, who wrote the mer
ger decision, is a democrat
j Earnest Underpricing
1 ' OF NEW
35
Spring Suits for Men
The above headline is not a bald statement of an unimportant
fact- it is an earnest, honest statement of an interesting truth.
Newspring clothing is being sold here every day at less price
than old, passe style and fabrics command usually. It would
take considerable space to tell the many reasons why this is so.
A visit to our clothing department, an inspection of the great,
bright, new, stylish garments to be found here, are the most con
vincing evidences of the above that we know of. Here's some
little evidence below
Men's Spring Suits at $9.00
Made of fancy worsteds fancy and black chevoits and worsted chev-
oits. The colorings are the very newest, and in a great variety
The workmanship and trimmipgs perfect, fit and satisfaction
guaranteed; made to retail for 112.00 Saturday. . .V
Men's Suits at $12.00
Made of domestic and imported fancy wosteds, English homespuns
fancy and black chevoits, silk mixed cheviots. The colorings
are in great variety ana tne cream ot tnis season's productions.
Some are hind made throughout, all have the best of trim
mings; and the fit we guarantee is equal to those of fine cus
tom tailors; made to retail for $16.50; Saturday for .
$9
$12
DIFFERENT POINTS OF VIEW
The great editors are still exercis
ing their mighty intellects on the
Indian commissioner's recommenda
tions concerning Indian names. The
New York World says:
"Mr. Roosevelt was welcomed to
Cinnabar by Black Bull, High
Bear, Crow Ghost, Medicine Word,
Red Tomahawk and others equal
ly dear. Yet these are the names
which Indian Superintendent Jones
.would replace with Smiths,
Browns and Robinsons. Men have
been lynched for less."
When the educated Japanese and
Chinese first were introduced into high
society in this country and taken to
a fashionable ball, they looked on
with amazement. Their first remark
was: "Why don't you hire your danc
ing done instead of doing it your
selves?" When one says to an Ind
ian: "Why do you have names like
High Bear and Black Bull? Why
don't you name them simply Bear and
Bull like the white people do?" he re
plies: "Did you ever see a bull that
was not black, brown or some color,
or a bear that was not high up, low
down or on the level ground? To say
bear or bull alone by itself is non
sense. It is to say something that
can't be." That things look different
from different points of view is one
of those things that the great editors
cannot comprehend.
The Washington Post calls Grover
Cleveland "the gold standard mar
tyr," and declares that the jibes now
and then found in the republican pa
pers concerning him are in very bad
taste. To that The Independent
agrees. The republicans used Grover
Cleveland to get themselves back into
power, for if Cleveland had not proved
traitor to democracy they would have
been out of power until this day.
However, as soon as the republicans
were in the saddle they forgot all
about the gold standard and went to
printing paper money by the ream
and coining silver by the ton. They
have increased the currency as it nev
er was increased before by the coin
ing of silver and issuing of national
bank notes. So Grover Cleveland's
martyrdom for the gold standard was
all in vain, save for the fact that he
went into the White house a poor
man and came out rated by Dun and
Bradstreet at $3,000,000. And the Post
still continues to talk about "sound
money."
Judge Hanecy of Chicago, one of
the Lorimer ring, spread the injunc
tion over a new field. He issued one
preventing a recount of the ballots
in the case in which Durborow con
tests the election of Lorimer to con
gress, when obedience to that injunc
tion would have put the election com
missioners in ' contempt of "The fed
eral courts. The supreme court of
the state sat down hard on Judge
Hanecy. One remarkable thing In the
argument before the supreme court
was the acknowledgement by the law
yers on both sides that the majority
party in the house of representatives
at Washington in deciding contested
election cases, disregarded all law and
evidence, and seated and unseated
members as the republican leaders dic
tated. Under pressure from Governor Gar
vin and the democratic minority in
the Rhode Island legislature, a bill
was passed abolishing the fee system
under which the sheriff of Providence
was rapidly becoming a millionaire
and put that officer on a salary. Then
the sheriff resigned his chairmanship
of the republican state committee, the
chairmanship of the city committee
and that of sthe ward in which he
lived. He said if he was only to get
a salary of a few thousand a year, he
would confine himself to the duties
of his office and some one else could
look after the politics of the state.
All of which goes to show who has
been paying the bills to keep Aldrich
in the United States senate.
The Mutual and Equitable life in
surance companies of New York have
gone into the bank merging business.
Those two companies control the Na
tional Bank of Commerce and- the
Western National. They are to be
"merged" and together they will
have $20,000,000 capital, a surplus of
$10,000,000, and deposits amounting to
$107,000,000. The new bank will rank
as the second largest bank in the
United States. Rockefeller's City Na
tional has a capital of $25,000,000. The
management of both these great in
stitutions are said to be very friendly,
and together they think that they
will have a power that will not only
rival that of the government at
Washington, but will be able to over
ride it. On with the dance.
The federal court has already modi
fied the decision in the Hill, merger
case and dividends will be paid on the
stock of the Securities company pend
ing a decision by the United States
supreme court.
General Corbin declares that the
opposition to him in the Metropolitan
club at Washington was instigated
by a man who had for several years
been drawing a salary of $200 per
month as secretary of a commission
which never held a meeting, and who
was some time ago ousted from hig
sinecure by the secretary of war upon
General Corbin's recommendation. It
seems to The Independent that that
answer proves too much. Why did
General Corbin and the war depart
ment allow a man to draw a salary
of $200 a month "for several years"
who rendered no service at all? Again
it might be asked how many more of
that sort are there In Washington?
Always mention The Independent
when writing to advertisers.