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About The independent. (Lincoln, Neb.) 1902-1907 | View Entire Issue (June 18, 1903)
THE NEBRASKA INDEPENDENT
JUNE 18, 1903.
Other Dlwates of
Men and Wowb we
1 "N.-. av JJ
L W' Iall MEN'S
Or. F. L. Searles.
v CURES GUARANTEED.
Yea, we guarantee to cure all curable cases
of the No-e, Throat, Chet, stomach, Liver,
Heart, Paralysis, Bowel?, Bladder, Pimple on
face. Blood, Skin and Kidney Diseases. Pile,
Fistula and Rectal Ulcera. Diabetes and Brighfi
$100.00 tor a caae of CATARRH, RHEUM A
T8M, DYSPEPSIA OR BLOOD POISON WC
cannot cunc, ir CuftaaLC.
y HOME TREATMENT BY MAIL.
'.lamination and consultation free. Call or
addreas with. stamp, P. O. Box 224.
Ofs, Searles & Searles
LINCOLN. NEBRASKA. ,
TIPPANY'5 Sure Death ta
Lice (Powder) sprinkled
in the nest keeps your
fowla free from lice. Sprinkle
hen and the little chicxa will
"Liquid" kills mites instantly.
Sprinkle bed for hogs, roost
for fowls. Box powder for lit
tle turkeys and chicks post
paid 10c. We want agents. .
THE TIFFANY CO.,
Nye & Buchanan Co.,
SOUTH OMAHA, NEBRASKA.
Best possible service in all depart
ments. Write or wire us lor markets
or other information.
Longdistance Telephone 2305
Use No Oil-Mix With Water
A 12 year old boy can apply thU palntsuccessf ully.
aatUfaetlon guaranteed. We pay the freight.
Paint your houses Inside and outside. Your barns,
fences and agricultural implements. This Klrh
TascanKedM literal Paint is shipped dry in 100
lb. packages. 100 lbs. will cover 1000 square feet or
rough surface such as rough boards and on dressed
stone and 20U0 square feet of smooth surface such as
walls and ceilings. This paint will not wash, rub
or peel off and can be polished like hardwood finish.
PRICE $3.00 PER 100 LBS.
delivered In Iowa, Kansas or Nebraska. We pay all
freight charges and guarantee safe delivery. Re
mit by Draft. P. O. Order or Express Order to
B. M. a PAINT CO., Railroad Bldg., Denver. Colo.
Paid up Capital $ 150.000. '
AS AN UNDERWRITER you
are given a liberal stock bonus
for each share of stock you have
underwritten. . .
A new prospecting company,
recently organized, is offering
through us, a limited amount of
underwriter's stock. WE RE
COMMEND this stock to our
clients: the company owns val
uable mining properties and
has no liabilities.
Write for particulars.
THE MINES EXCHANGE, Ltd.
Fiscal Agents, Box E 1006.
V A 112 Clark Street, Unicago, ill
. ' I mill III
by purchasing paint of us. We sell
direct from the factory, avoiding
the middleman's profit Color cards
free. Drop us a line.
Farmers Grocery Co.
V V 220-210 N.: 10th St.,J Lincoln,: Neb; ' f : 1
Money and the. Taxing Power
BY W. II. ASIIBY.
All Rights Reserved.
BOOK 2. Chapter VI. '.
Coin and commodities are held up
as if they were the antithesis of eaca
other; whereas coin is itself simply a
commodity. Coin is merely one ar
ticle of wealth, made such by statutes
conferring upon it the power to ben
eficially serve man. What its value
may be depends upon the urgency of
men's need3 and the strenuousness
with which they struggle for its ex
clusive possession; for the more
Rirenuous the struggle, the more in
tense is the force of demand and th?
greater , is Its value. But this cannot
be shown in a change of its "price,"'
which, is fixed and stamped upon it,
and the increased intensity of the
force of demand for it manifests itself
in the greater sacrifices of services or
wealth men must make to obtain its
possession. This results in lowering
the "prices" of all other things that
have not their prices stamped upoa
them and in putting at a discount
such things as have their prices
stamped upon them, but which are
not armed with the power of tender.
The relation of coin to other com
modities fluctuates with the varying
degrees of intensity of the demand for
each relatively; but the value of coin
in its own sphere as relating to tax
levies and judgments, remains always
the same. Hence, the greater the sup
ply accessible, the less the sacrifice
of service or wealth required to ob
tain it , -
The absurdity of saying that "goods
are demand for coin' and "coin is
demand for goods," becomes more
clear when it is thus seen that it in
volves the proposition that "coin is
demand" and that "goods are de
mand." Mill seems to have labored under
the delusion that coin is endowed with
some magical power, and was blind to
the fact that in its relations to ex
changes it differs in no respect from
any other commodity.
He says that decrease" of value ac
companying increase of quantity, and
increase of value accompanying de
crease of quantity, "is a property pe
culiar to" coin. Now, every one
knows that the same rule, with the
limitations stated by him, applies to
Coin is not demand; but the urgent
and universal need of men to obtain
possession of it, to save themselves
from ruin at the h-ads of the tax col
lector and the sheriff, drives them to
put forth strenuous efforts and to sac
rifice wealth or service to obtain pos
session of .it, as the sole means of
rteliverance from tax levies and judg
ments; and the struggle thus made
intense, produces an intense force of
demand for the coin, which alone of
all commodities has been given the.
power of "tender" against those tax
ltvies and judgments. This is what
creates the force of demand for coin;
and it is that force of demand which
produces value, in the sense employed
It is struggling men contending for
dominion over things, which always
and everywhere produces the force of
demand, without which there is no
The demand for flour is not pro
duced because grocers deal in it as a
means of making prc"t; but grocers
deal in it because men struggling tr
obtain it, to supply an imperious hu
man need, create a demand for it No
more is the force of demand for coin
produced by its being received so free
ly in exchange for other commodities.
On the contrary, it is freely accepted
in exchange for other commodities
because of the intensity of the force
of demand for it, .-rising out of the
strenuous and universal struggle of
men against each other to obtain pos
session of it, in order to have it per
form for- them an urgently needed
service which nothing else on earth
h:.3 power to perform, namely, to sat
isfy tax levies and judgments.
The total absence of any knowledga
of the nature of value is manifest in
the quotations made and by Mill's
further statement that the "value of a
thing is what it will exchanee for." A
cow for example might exchange with
equal facility for a hog or a gold ea
gle. Then its value, upon his theory,
would be a hog in the one case and
an eagle in the other. Hence, it fol
lows that a hog Is "Value" and an ea
gle is ""value." , The fact is, the value
of the cow in such case might be ex
pressed in money as $10; by which
would be meant that the quantity of
the force of demand for the cow at
the given time and place is ten times
the quantity adopted as the "unit;"
and not that a certain weight of metal
is its "value." This is to say that
metal IS "value." ' . i , 5
If the urgency of men's needs drivJ
them to expend their energy to ob
tain "gold coin, by the sacrifice of a
great quantity of services or commod
ities, it is because that gold coin is
endowed by statute with i exclusive
power to perform for them an urgent,
beneficial, statutory service, - which
nothing else can perform; and be
cause the force of demand for it I J
tnercby made intense. It i3 its ex
clusive endowment by statute with,
that power to do beneficial statutory
service, which causes the force of de
mand for it It is rot because the
metal, gold, may be used to fill de
cayed teeth, nor because of its density
or beauty; but because by statute it
i made the only vehicle to carry
about a governmental certificate which
is endowed by law with the exclusive
power to perform a beneficial statut
ory service for men, the performance.
of which is imperious and its need
universal, that there exists the enor
mous intensity of the force of demand
for it, everywhere in action.
The quantity of value placed upon
everything, "under the conditions ex
isting among civilized nations, is de
termined In every case by the quantity
of the force of demand for such com
modity endowed with utility and cap
able of exclusive possession.
It is to be observed now that the
use of "the standard of money" which
k ; the "money symbol," is by the
statute made mandatory "in the pub
lic offices" as an essential part of the
mechanism for the .exercise of the
taxing power, and is also mandatory
"in the courts," as part of the mechan
ism for the formal administration of
justice. "In the public offices," tax
levies must be made by the use of
that symbol as a means of expressing
quantity of valuation. "In the courts,'
judgments nmst be rendered by the
use of that symbol as a means of ex
pressing in judicial proceedings quan
tity of valuation. Its usejs not
mandatory in any other place. Wher
ever else it is used, that use is volun
tary and incidental merely.
When that symbol, aided by numer
als, (which is our "money") is coined
or stamped upon any chosen sub
stance, . the- resulting coin emanates
(or at least should emanate) from the
public offices and go in exchange for
services or commodities needful to
o.rry on governmental operations,
and which are paid in advance of a
tax levy by the taxpayer; and its use
is by the statute made exclusive and
mandatory "in the public .offices" as
a conclusive receipt, by its tender,
against tax levies; and in the courts
as a conclusive receipt, by its tender,
Its use is not made mandatory any
where else, and any use made of it
elsewhere is voluntary and optional.
It has conferred upon it by statute
an office to perform ' in those two
places, the performance of which is
beneficial to men; which nothing else
can perform, and it "Is not appointed
to the performance of any office else
where. ' -
Its official function is to perform the
office of conclusive proof of previous
payment, and as a receipt by its ten
der in those two places and not else
where. It is (or at least ought sto be) is
sued by the government in the exer
cise of the taxing power, as a means
to anticipate the revenues of futura
years, when government is for any
icason in distress.
This is the sole object in clothing
governments with the power "to coin
money." No consideration of the
in aginary duty of "furnishing the
people with a circulating medium"
had any part in its origin. It per
forms no office when thus voluntarily
used. In all such uses it is voluntarily
employed as an imperishable and con
venient commodity in which to store
up evanescent wealth subject to van
ish with perishable commodities. . v
(Continued Next Week.)
Stroke Shattered My
Gave Up Preaching
For Two Years.
Dr. Miles' Nervine Put
Me On Active List.
Are yon well? Do you sleep well? Do
you get up rested, fresh and vigorous? Is
vour mind clear and active? If not read the
following. See what another has suffered
and how he recovered. : , -
"Some years ago I was afflicted with sun
stroke which left me with a shattered nerv
ous system and exceedingly poor health. I
suffered terribly with pain in my head, the
top of my head would feel hot I cou!d not
study, and after striving for two years to -wear
the trouble off, I was compelled to give
up my pastoral labor and retire to my farm
where I spent nearly two years trying to re
cuperate.. It was all of no avail. Physicians
treatment and patent medicines failed to re
lieve me. 1 was exceedingly nervous and
irritable and sometimes would shake terribly.
I could not bear any noise. At the least ex
citement the blood would rush to my face
and head. Two years ago I was induced to
try Dr. Miles' Restorative Nervine. After
using one bottle I could see improvement in
my condition so I continued taking it for
nearly a year. I am happy to say I no
longer have those pains in my head or nerv
ous spells. My appetite is good and I am
able to preach three times on Sunday with
out fatigue. I consider Dr. Miles' Nervine
the most wonderful medicine ever discov
ered." Rev. D. Alex. Holman, Pastor U. B.
Church, Marion, Ind.
All druggists sell and guarantee first bot
tle Dr. Mites Remedies. Send for free book
on Nervous and Heart Diseases. Address
Dr. Miles Medical Co.; Elkhart. Ind.
For jour Farm, Bualnaia,
Home, or property of any
kind, no matter where lo
cated. If you desire a quick
sale, send ub deacription and
nricn. Northweatern Busi
ness Agsncy, N 313 Bank of Commerce Bldg.,
Chillieotbe Normal College
Chillicothe Commercial College
Chillicothe Shorthand College
Chillicothe Telegraphy College
ChillieothH Pen Art Col W
Pfll I CRCC Chillicothe Musical College
UULLLUL.0 Chillicothe College of Oratory
For free catalog address ALLEN MOOB3
Pres't, Chillicothe, Mo. Car fare paid.
The Hotel Walton
.1816 O STREET,
the best and most convenient low priced
house In the city. Rate $1 per day and up.
Cancers Cured; t:x
from cancer? Dr. T. O'Connor
cures cancers, tumors and wens;
no knife, blood or plaster. Address
1306 O St, Lincoln, Nebraska.
Bay Paint at Wholesale Prices c?
Black Roof Paint.. 40c. per gal
Red Barn Paint .... 58c. per gal
Slate Color Barn Paint. . 78c. per gal
Shingle Stain. 3oc to. ..60c. per gal
Sheep Dip 65c. per gal
Excelsior Disinfectant. . .60c. per gal
Superior Disinfectant. . .75c. per gal
EXCKL510R DISINFECTANT will kill lice on
hoga and cattle; prevent and cure hog cholera.
Samples, circulars and color cards free. We
guarantee everything we Bell. Terms cash on
receipt of goods. As to our responsibility, we
refer you to any commercial report or any bank
in Findlay, Ohio.
THE OHIO PAINT & VARNISH COMPANY
FINDLAY. OHIO, U. S. A.
Plumbing and Heating
J. C. COX"
1 33 North i4th Street, Lincoln, Neb.
A CANNING FACTORY
at home. Farmers don't delay.
Investigate. Save your surplus
fruit by cann'ng. Easy to learn.
Meridian, Mississippi ?'
WANTED SEVERAL INDUSTRIOUS FER
sona in each stale to travel for bouse estab.
lished eleven years and with a large capital, to
call upon merchants and agents for successful
and profitable line. Fermanent engagement.
Weekly cash salary of i8 and all traveling ex
penses and hotel bil!s advanced in cash each
week. Experience not essential. Mention ref
erence and enclose aelf-adl rested envelope.
THE NATIONAL. XU wrborn St., Chicago.
If you want a pig tight and bull strong
fence inquire for the
manufactured at Fremont, Nebr., by P,
M. Healy. . , , ,
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