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About The independent. (Lincoln, Neb.) 1902-1907 | View Entire Issue (May 28, 1903)
4 THE NEBRASKA INDEPENDENT MAY 28, 190$. Independent School of Political Economy DEL MAR'S History Precious MctaU, $3; Hist, Monev. 12 : Hist. Monetary Crimes, 75c; Science of Money, $1 ; Hit. Money in America, J1.50; Hist, Money China, 50c; Hist. Money Netherlands, 50c. CAM BKIDGE PRKSS, Box 160, M. S., New York. GOD'S CHILDREN. The Director acknowledges receipt from Charles H. Kerr & Co., 56 Fifth ave., Chicago, of a copy of "God's Children," a modern allegory by Jas. AUman. Cloth, 113 pp., 50c. FEUERBACH. 'Feuerbach; the Roots of the So cialist Philosophy," is1 the title of a cloth-bound, 133-page book from tha press of Kerr & Co., just received by The Director, Review reserved for later date. Price 50c. Can be had through this office. ' ' RIGHT GENERATION. Dr. M. E. Conger of Chicago, au thor of The Educator and other works, has recently written "Right Genera tion; an Appeal to Reason and Man's Highest Aspirations." Doctor Con ger's Idea Is that men and women should not marry until matured phy- , sically, and that physical , maturity does not occur until forty or fifty years of age. The book is full of quotations from eminent thinkers on the subject of race improvement. Bound in leatherette, 96 pp., 50c; ad dress - The Educator Pub. Co., 945 Trumbull ave., Chicago, III. PROTECTION OR FREE TRADE. W. H. Booz, Milford, Del., sends The Director a copy of Henry George's "Protection or Free Trade?" as It came from the Congressional Record of March 11, 31, and April 6, 8, 1892 the dates when Tom L. Johnson of Ohio, William J. Stone of Kentucky, Joseph E. Washington of Tennessee, George W. Fithian of Illinois, Thomas .Bowman of Iowa, and Jerry Simpson of Kansas took turns In securing leave to print a rortion of George's famous book. Thus as a public docu ment it was given an enormous cir culation. Any member of the School lesiring to read this book may have "t for the asking. DAYLIGHT SPECIAL. . This has nothing directly to do with political economy; but much to do indirectly. It Is an elegantly printed pamphlet Issued by the Illinois Cen tral railroad advertising that road's famous Daylight Special train be tween Chicago and St. Louis. As a specimen of the art preservative, in brown, gold and green, it is difficult o surpass. Ask A. H. Hansen, G. P. Chicago, 111., for a copy, and men tion The Independent. ECONOMIC PRINCIPLES. Mrs. Eliza Stowe Twitchell, Wol laston, Mass., has favored The Di ector with five copies each of her "Economic Principles," a little book if 40 pages, paper covers; "Nature's Tax," a 16-page folder; and' "Truths Seen By Contrast." being .the March, 1901, number of Frank Vierth's "Why?" a single tax magazine pub lished at Cedar Rapids, la. Mrs. Twitchell's ability as a writer on the single tax has given her a national fame. These are all "free" books and can had by paying the postage on to the next borrower. THE OPEN DOOR. . An argument for the referendum an'l initiative and imperative mandate (majority rule) by Laurie J. Quinbyr Omaha, Neb. A neat, little pamphlet of 40 pages , covering the subject in Mr. Quinby's excellent style. He ha3 furnished The Director with a dozen of them. They can be had for postage a cent OUR OWN TIMES. James Craig, Pectone, 111., wants one or more copies of the publication called "Our Own Times," the issue of February 15, 1901. Who can supply him? , SCIENCE OF GOVERNMENT. This is the title of a 95-page book copyrighted in 1888 by H. W. K. East man (then of Lawrence, Mass.) now of Cheever, N. II., and printed by or der of the Massachusetts state assem bly's of the Knights of Labor. Mr. Eastman has sent The Director three copies, and there are now ready to be loaned to any member who will pay the postage (4c). , The Science of Government, Mr. Eastman says, is "a true assay of the crude ore of political economy." It in written In a convincing style and will meet the approval of populists gen erally, his contribution to the litera ture on the subject of "value" being of especial Interest. The Director does not agree with Mr. Eastman's views of protective tariffs, however, but that Is immaterial here. Commenting on the fact that Mal thus, Ricardo, ajid others gave the dictum "Value is the cost of produc-tion"-and that H. C. Carey, Bastiat and others amended it to read "Value is the cost of reproduction" Mr. Eastman says that "value is an expression of the equilibrium of tho opposing forces of demand and sup ply," arguing that utility is an in herent property of matter; that labor is the amount of any other commod ity for which it will exchange; and that the labor cost of production or reproduction has nothing In the world to do with value, Instancing the fact that many of the products of labor the pyramids of Egypt, deepened chan nels of rivers, etc. possess a high de gree of utility, Jbut no value whatever, while many things having both util ity and value are not the products of labor. ' It is a book well worth reading. SCIENCE OF MONEY. Editor Independent: Inclosed find postal money order for one dollar for which please send me copy of Del Mar's Science of Money. This as my start in the School of Political Econ omy. Probably you would better con sider the book sold, as I find that the sense of ownership in any book I read is as keenly satisfactory to me as the ability to read it. To tell the truth, I quit taking books out of our public library because I had to tako them back. I always felt cheated be cause I could not enjoy anything good I found In them just as many times as I wanted to. MRS. FANNIE GRAY WHEELER. Bloomington, 111. ELY'S "OUTLINES." Director: I have received Ely'3 Outlines of Political Economy; the book came to hand the 23rd of April. While I have not had time to give it an exhaustive study, will say we are well pleased with the work, and to some extent, believe he is right. The work is more of a history of economics than a treatise; that i3, as far as I have read it In his thejpry on the varieties and kinds of mon ey, he advances the idea that if sil ver is held in the government vaults and certificates are issued against it, and circulate Instead of the coin, that that was evidence that the coinage of silver was useless. Then if that the ory is true about silver, why will not it work the same with gold? Either Mr. Ely did Dot see the analogy or was biased in his deductions. Many men of science are capable of pro mulgating laws that are applicable to the subject under discussion, but they are prone to make a wrong applica tion of such laws. Basic money is the foundation of our financial sys tem. But to say that you can de posit one metal in a vault and issue certificates against it, and to use them instead of the coin, and then to jump to the conclusion that such is a valid reason that the coin so issued against is useless, and "not apply the same law to all other metals which circulate as coin, is a fallacy, pure and simple. History has demonstrated that where any law does not apply to gold and is applied to silver, there has been much financial distress; there fore all basic money must be reg ulated by the same law, if the toiling millions are to have a real prosperity and enjoy a progress that is real. No stultified theory about the super iority of gold can possibly bring us anything but distress; and as long as one of the basic moneys is discrim inated against just that long we will have wealth unlawfully obtained, un justly earned. PERRY D. PLAIN. Atwater, 111. Th9 People's Monsy Editor Independent: In 1830 the census showed that 80 per cent of the property in America belonged to the laboring classes and only 20 per cent of the whole amount belonged to cor porations and money men, but how do you find it now? And the labor ing class paid 80 per cent of the taxes which was their share to pay. Then there were but five millionaires in the United States, now there are over four thousand, and the census of 1890 showed that the laboring classes, that owned 80 per cent of the property only forty years before, ownecfonly 25 per cent of the property, and still paid the 80 per cent of the taxes. And the census of 1900 does not TRESTER SUPPLY COMPANY, BEE SUPPLIES. CATALOGUE FREE. 103 So. 11th St. Lincoln, Neb, BECAUSE THEY ARE PREPARED TO DO SOMETHING WELL Established 20 Years. . OUR GRADUATES SUCCEED. Complete information in our BEAUTIFUL ILLUS TRATED CATALOGUE. Address Studeuts assist ed in securing employment LINCOLN BUSINESS COLLEGE, Lincoln, Nebraska 4.07 TOTAL, $1 1,323 PR ZES Large Four-Seated Long Distance Tunneaa Automobile, $1,400 Upright Grand Pianos, ?600 eaclj Upright Grand Piano, $350 Self-Playing Organs, 250 each Typewriter Large Expensive Cameras Dinner and Tea Seta Piano Player, 275 Large Billiard Tables Largo Columbia Phonographs Bicycles, Gold Watches TWO LARGE FRUIT FARMS Thousands of other Valuable Presents EVERYONE GUARANTEED A PRIZE We have recently distributed many valuable prizes to workers and will send a list of prizes and names of winners to all answering (his advertisement. We want our friends to help us reach a circulation of 20,000 copies a montb. We propose to pay every worker wellfor the work. Some will receive bonanzas. Think what you can do with the $1,400 automobile lecturing through the country. The pianos, piano players and self-playing organs will add greatly to the in erest of public meetings or the enjoyment of the home, and mind you, every worker is guaranteed a prize. Do you want more than this? , Tho price of Wllshirs's Magazine is now one dollar a year cannot be produced for less. We Fell yearlr subscription cards to workers at SOcentseach. S 11 the canls at a profit if you can, but sell them. Our magazine can be sold to many who will not buy other Socialist literature and now is the time for workers to " plug" for all they are worth ;the result will count heavily in the coming presidential campaign. Tne Prtze, 08 Given to those selling the largest number of yearly subscription cards or sending us the largest number of yearly subscriptions beforo December 1st, 1903. Get busy and get a prize. Everyone sending ten yearly subscriptions or more is guaranteed a prize. You surely do not want more. Four cards for $2, ten cards for a fiver and ten cards Insures a prize. How many? Your move I When in New York see me. H. CayEord Wilshire, 1 25 East 23rd St., New York show who owned the property or what had become of the nine mil lions of mortgages that the people owned in 1890. It appears that the old parties did not want to know where the property or the earnings of the people were so fast going to. Why should not the people that earned th3 property still own it, but do not? It is very doubtful if 20 per cent does act ually belong to the laboring class to day. Don't you think and know if tho government today issued the money and the people run and owned the banks and the interest all paid to the people and their government, then they could and would own farms an J homes as they did before the day of trusts and millionaires? Roads are public property owned and run by the people. Would you like to have your children's education left to trusts and corporations formed of a few men and run for the profit there would be in it or what they could make out of it? Now, many a good school teacher could run a bank and would work for the same price. Then think the gov ernment can't run banks; the people can, and I believe they will before long, too. If our postoffice department was put into the hands of trusts or corpora tions, how long would it be before we would pay 5 cents to mail a letter and all small offices and routes that did not pay would be stopped? And you would not have your mail brought to your door every day free of charge. I lived in Pennsylvania when many of the roads belonged to corporations, and every three or four miles was t toll-gate and we had to pay for walk ing in the mud shoe deep. Would you like to change back to that time? The old parties talk of laws against trusts. This may do for them to catch votes, but that is all it will amount to. They are created by law and they have come to stay. ' They have got the money trust, the worst of all trusts, so hedged about by th. banks, that they cannot be managed or kept from doing any more harm only by their own medicine, that of trusts, one formed of all the people and government going Into the bank ing business. This will surely do away with them, and if the banking business is good for a few men, why not for all men? You know it is. E. HACKETT. Try one of Branch & Miller's com bination orders for groceries. It will save you money. Patronize our advertisers. TRUSTS GOING OUTOF BUSINESS That is a head-line you don't see in the news columns of this paper. The trusts are not breaking- up into the smaller concerns that were merged into them. The trusts are the greatest labor-saving invention yet made, and they will stay till they can be replaced by something better. There is only one trouble with the trusts. They enable men to pro duce more wealth with less waste of energy than was ever possible before but they take most ofhe wealth away from those who do the work and give it to those who do the own ing of stocks and bonds. Suppose that we who work for a living should decide to do the own ing ourselves, and to run the trusts for the benefit of all. That would be SOCIALISM. If yon want to know about it, send for a free booklet entitled "What to Read on Socialism." Address CHARLES H, KERR & COMPANY 56 FIFTH AVE., CHICAGO SEVEN GREAT Chillicothe Normal ColW-i Chillicothe Commercial CclSfge Chillicothe Shorthand Collfge Chillicothe Telegraphy to legs Chillicothe Pen Art Colieire Pfll I EfiCQ Chillicothe Musical Coli.. vULLLUCO Chillicothe College of Orory For free catalog address ALLEN IICGHE Pres't, Chillicothe, Mo. Car fare paid. INVESTMENTS IN SOUTHERN LANDS Such investments are not speculative. The south is not a new country. Market and ship, ping facilities are adequate and first-daps. Tha climate ia mild and favorable. Notwithstand ing these and other advantages, southern lands are selling for prices far below their real valne, and at present prices net large returns on tha investment. For a free set of circulars, Nos. 1 to 10, inclusive, concerning the possibilities of lands in Kentucky, West Tennessee, Mississippi and Louisiana, on and near the Illinois Central 2ailroad, for homeseekers end investors, ad aress the undersigned. W. H. BRILL, District Passenger Agent, Omaha, Neb. Issue of June 11-heard. -the critics will be