JUNE 18, 1903.
THE NEBRASKA INDEPENDENT
9
KDGERTOH'S CALL
Readers of The Independent will
note the call of J. A. Edgerton, sec
retary of "the national committee of
the people's party, for a conference of
reformers to meet In Denver, July 27,
1003. This is no1: a call for a meeting
.o? the national committee, or for a
conference looking to a reunion of the
two -wings of the people's party, but
rather for a conference of progressive
democrats, single taxers, moderate so
cialists, populists and reformers gen
erally, to take some steps looking to
ward agreement on a few fundamental
planks upon which all may unite for
in
Long ago The Independent called
upon National Chairman Butler, to
take the initiative in calling some such
a conference, or a meeting having for
its object the reunion of the two wings
cf the people's party, but he has per
s:stently refused to accord The Inde
pendent the slight courtesy of even the
"scratch of a pen." He has failed io
rr.ake the slightest acknowledgement
cf letters containing return postage.
Apparently he is "sulking in his tent"
because of his failure to secure re-election
to the United States senate. In
any event, he has no just reason for
his attitude toward The Independent
a paper that has in the past devoted
many columns of its space to publish
ing Mr. Butler's speeches while
congress andin every way showed its
friendliness toward him. - Patience
has ceased to be a virtue in this ir.
stance, and The Independent call;
'upon Vice Chairman J. II. Edmisten
to perform his duty as actual head of
Uhe national committee. If the mid
readers' contention was good in 1900
i (that Butler "vacated" his chair) it is
.'certainly good now. r,; his refusal to
act in the face, of many requests to.
'do so he has virtually abdicated; and
(Mr. Edmisten should act. Doubtless
it would be well for t"e populist state
-committee, at its meeting the 23rJ
'instant, to pass a resolution requesting
Mr. Edmisten to act
Mr. Edgerton's call is not Intended
to limit the meeting to populists as
jwas said before but at such" meeting
time will be an excellent opportunity
W iho, twn national committees of
the DeoDle's party to "get together.
Accordingly, for the fusion populists
.-Mr. Edmisten snouia maice a can ior
a meeting of the committee of which
he is the actual head.
4 It is hoped that a sufficiently large
v number will be r esent to make the
VppHhit a renresentative one. The
time is too sho:. to make any elabor
ate preparations, election of delegates,
and the like. But any reformer who
feels that his voioe might add soma
thing toward a solution' of the pro
blem of "what to do next year," should
consider himself a committee of one
tc attend. Doubtlec3 C. -irman Parker
will see to it that his wing of the peo
ple's party is present by representa
tives. Secretary Edgerton's four proposi
tions deserve especial attention. They
(over sufficient ground.
1. "A people's money, Issued in
sufficient quantity to Co business with
out panics, and controlled by the gov
ernment Instead, of by the banks.
2. "Government ownership of rail
roads and telegraphs.
3. "A government brought nearer
and popular election of senators.
4. "Land for occupancy and use
rather than for speculation."
In point of time direct legislation
ccmes first because until it is accom
plished little can be done with the
other demands. It is a political re
form. -The people's money must coma
next Then public ownership. Aboli
tion of land speculation will then fol
low logically.
The Independent looks for good re
sults to flow from the meeting called
by Secretary Edgerton.
From April 1 to June 1, the national
banks increased their circulation $24,
(03,240. It is estimated that before
the end of the year the national bank
circulation will be increased to $450,
000,000. Then the Aldrich bill is to be
passed as soon as congress meets,
making state, city and railroad bonds
security for circulation and by that
means it Is expected that their out
standing circulation can be run up to
somewhere near $1,000,000,000. It is
vainly imagined that that will bring
rrosperity. When the national bank
ers are able to draw interest on their
promises to pay of $1,000,000,000, ' it
may bring prosperity to the bankers,
but the rest cf the people will not par
ticipate in it. The result will be what
it always has been since pa?r money
was first Invented and private parties
given the privilege of issuing it It
will be poverty for the people.
AN OUTRAGE
The action of Regents Von Forell,
Kenower and Teeters "in voting with
Regent Calkins for the election of
Roscoe Pound to be 'dean of the col
lege of law, is simply another of thosa
outbreaks of idiocy which have char
acterized the career of, the regents
elected by the populists and demo
crats. The Independent does not. question
Pound's legal learning. He is doubt
less as well equipped with knowledge
of the law as any man in the state.
From a republican standpoint his
elction is a decided hit. He -stands for
the Hamiltonian, tory element in
American citizenship. He is one of
the. principal cogs in the republican
machine in this city a machine that
has never had a reputation for over
much cleanliness. 'He is an exponent
of the idea that the young lawyer's
chief ambition should be to attach
bimself to some great corporation
for "the big corpc.ations pay the big
fees." He Is a narrow, partisan bigot,
knowing a great deal of law and
mighty little else aside from machine
trickery.
And this is the man for whom the
fusion regents, Von Forell, Kenower
and Teeters, voted unanimously to be
dean of the college of law, to succeed
Judge Reese, resigned. The Indepen
dent has always felt that instructors
in the university should be protected
by a sort of civil service, and that
they should not be removed on ac
count of political affiliations. But
when Judge Reese accepted the re
publican nomination for .supreme
judge, that was notice to the world
that he asked no such protection. Yet
these same fusion regents allowed
themselves to be scar:i into retaining
him in office until he chose to resign
of his own accord. They were afraid
of republican criticism.
Aside from his throwing down the
gauntlet by entering actively into the
political arena, fusic :Ists have no
criticism of Judse Reese. He is a
good lawyer and a broad-minded man.
But his successor, aside from his
knowledge of the law, is best de
scribed in the language of one of his
fellow . republican court commission
ersas a "little upstart"
If the Jeffersonian idea of Ameri
can citizenship i to h: re no recogni
tion at the hands of regents elected by
believers in that Idea, then we ha1
better have all republican regents and
let the responsibility rest upon that
party. The Independent serves notice
now that it will waste no printers' ink
and paper trying to re-elect men who
have shown the white feather upon
eery occasion of importance, with
the single exception of electing Dr.
Andrews chancellor.
THE l'ASSIXa OF MORGAN
Wall street grows more tired ,of
Morganeering as the days pass by.
The time was when a share of stock
worthless in itself because represent
ing nothing but water, if branded J.
F. M. was sold as soon as offered, but
that time has passed. Morgan's "un
digested securities" have given Wall
street the dyspepsia so bad that it can
take nothing into its stomach. A little
while ago The Independent said that
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$5.00 Suit
Coat and Vest $3. 75 Pants
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.. Men's Suits made from all wool worst
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$5.00. All well made and have good lin
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gether to stay together; and come in
regular sizes also stout and slim cuts,
made in four button cutaway sack style.
In all sizes fioni 31 to 46.
Your home merchant will tell you that
it is cheap at f 8.00. If you don't like
them after you get them we want you to
send them back to us and we will refund
your money. This applies to anything
we sell as well as these suits.
Pure Worsted
Four-Button
Sack Suit $9.00
Coat and Vf. $7.00. Pants not
sold separate.
Men's fine pure worsted suits in a neat
stripe and cut in the very latest styles,
four button cutaway sack.
This material is made from pure long
worsted yarn, will probably wear longer
and give as much satisfaction as any
cloth that you can procure no matter
what price you pay. The coat Ms made
with hand padded shoulders, hair cloth
fronts which keeps coat in perfect shape; .
also lined with a good serge lining and
well tailored throughout Comes in
sizes from 34 to 46, regulars.
NEW GROCERY LIST NOW
READY FREE FOR THE ASKING
mm mos.
Wholesale Supply House Omaha.Neb.
Morgan had reached his zenith. There
are now unmistakable signs that his
greedy face, which he said that -he
would rather pay $500,000 than have
photographed, will set behind the fi
nancial horizon never to rise again.
All Europe seems to recognize jthe
fact He has no audience with kings
or. his present trip and one railroad
refused him a special car, so he had to
travel along wujl the common herd.
Some of the eastern papers announce
that not only Wall street, but the pub
lic generally, have lo-t faith in Mor
gan's new system of finance whereby
certain industrial plants could be
combined and stock issued and sold
for three or four times their value.
"Capitalizing prosperity," they called
It Prom the very first The Indepen
dent pointed out the futility of any
such a scheme. The great dailies ap
plauded it and hundreds of thousands
of people put their hard earnings i-to
these stocks which are now unsalable
and draw no dividends. Day by day
they reach "a new low record" on the
stock exchange. Morgan suffers noth
ing on account of all this. He worked
off his watered stocks on underwrit
ing syndicates and these syndicate
sublet the most of it. Morgan and the
syndicates have swindled the Ameri
can public out of hundreds of millions
and the burden of It all will come upon
the middle class and the poor. Ai.
this time The Independent has stood
as a watchman upon a tower warning
the people. It knows that It has saved
some and hopes that it has saved a
good many. One party who at one
time was about to invest the $1,000
that he had sayed in U. S. Steel, com
mon, sent a letter of thanks the other
day for the advice given, him, saying
that that $1,000 would have shrunk Tby
this time to le.-3 than $800 if he had
put it Into that stock. Instead of put
ting it in steel stock he bought eight
acres of suburban land for which he
vas offered $1,200 the other day and
has received $50 in rent
The old readers of The Independent
will remember how often it has told
them that when the next depression
came that the brunt of it would not
fall on the west, but on the east. Those
who "are out for prosperity", the3e
days give Wall street a wide berth.
The theory of "surplus value" see
Karl Marx Edition, July 23, 1903.
POPULIST ACCOMPLISHMENTS
There is one thing that populism did
for the people of the United States
which makes the world happier for
dwellers in the country and that is
the establishment of the rural free
mail delivery. Only those who totJ
on the farms can fully appreciate what
It really means to both young and old
who have received their mail but once
a week when they went to the little
town to $et their provisions and sell
their farm prpducts. The daily com
ing of the rural mail carrier is a break
in the monotony of each long day of
toil.
Tom Watson secured the introduc
tion of this service, but he was not the
first one to advocate It by any means.
He was only the faithful representa
tive of the party that sent him to con
gress. From the very beginning of
the populist movement, in almost ev
ery gathering of those who made the
first protest against phtocracy In an
organized movement, there were fre
quent reference to the disparity of
treatment by te postoffice department
of the dwellers in cities and towns
end those who lived in the country. It
was pointed out that the city man .
had his mail delivered free at his resi-v'
dence and place of business three or
four times a day, while the dweller la
the country had often to go several
miles to get his, and they were both
taxed alike for the support of the gov
ernment and both paid alike, beside
the taxation, for the mall esrvice.
If populism had never scoured any
thing else, this alone would make It a
part of the history of this country.
Any act benefiflng mankind lives while
the ages'last and so will live in ben
efits to the people and In their hearts
and memories also, many things that
the populist party has accomplished.
When a labor, union gets to a point
in a dispute where it has "nothing to
arbitrate," it and The Independent
parts company. This paper has con
stantly advocated' arbitration and
earnestly seconded the labor unions
when they were demanding arbitra
tion. It is not going to abandon that
position. The unions in Chicago that
refused to arbitrate did more to dam
age the cause of the wage-workers
than can be repaired in many a day. ,
- Karl Marx Edition, July 23, 19D3, .
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