The independent. (Lincoln, Neb.) 1902-1907, June 25, 1903, Page 8, Image 8

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THE NEBRASKA INDEPENDENT
JUNE 25, 19C3.
the tlebraska Independent
Lincoln, nbrika.
LIBERTY BUILDING.
1328 0 STREET
Entered according to Act of Congress of Marcb
S, 1879, at the Postoffice at Lincoln, Nebraska, aa
tecond-clara mail mitter. '
PUBLISHED EVERY THURSDAY.
FIFTEENTH YEAR.
$1.00 PER YEAR
When making remittances do not leave
money with news agencies, postmasters, etc.,
to be forwarded by them. They frequently
forget or remit a different amount than was
left with then, and the subscriber fails to get
proper credit , - . . ;
Address all communications, and mak all
drafts, money orders, etc., payable to .
the lUbraska Independent,
' Lincoln, Neb.
Anonymous communications will not be
noticed, jiejecieu oinuuiuiiiw " r
returned.
T. H. TIBBLES, Editor. ,
C. Q. IE FRANCE, Associate Editor.
F. D. EAGER, Business Manager.
The thrifty Yankee has denuded the
hills of New England of the forests
and that part of the country is becom
ing as barren and desolate as ancient
Palestine.
That, the United States treasury de
partment has been the right hand of
Wall street is shown by the fact that
the great officers go, as if by prear
rangement, from there to New York's
financial center. Besides the comp
trollers that have gone to Wall street,
two of the former secretaries of the
treasury are the presidents of trust
companies there. Ex-Secretary Fair
child is president of one and Lyman
J Gage of the other.
G rover Cleveland has given "out an
other interview in which he says it is
perfectly absurd to .think that he
would re-enter political life, that he
has never written to any one express
ing such v a desire, that no leader of
prominence is endeavoring to advance
a movement to nominate him, and
several things of like nature, but no
where declares he would not accept a
nomination. That very important
statement he omits in all his inter
views and publicstaements.- '
It is the farmers who pay the tri
bute of $500,000,000 a year to Europe.
According to the latest statement of
the treasury department, the exports
of cotton for the last year were of the
value of $317,000,000, of grain and
treadstuffs of. all kinds $213,000,000,
and of provisions, including cattle,
hogs, fresh and canned meats and lard
and dairy products, were $230,000,000.
That is what makes the "favorable
balance of trade" and prevents the
shipments ofgold
If8 some of theca imperialists will
stop a moment and think they will
see that crime is an injustice or
cruelty inflicted by one man upon an
other," and that the Deity is not in
volved in the matter at all. To
charge the crime of murdering 300,
000 Filipinos to "destiny" ' or "the
guiding hand of Providence" is non
sense. A man cannot commit a crime
against N God, he can only commit it
against his fellow man. It would be
vell for some preachers to learn that
fact. vw
Two of the unfinished war vessels
Of the United States were seized un
der the orders of state courts last
week to secure the payment for ma
tc rials furnished by sub-contractors.
Dispatches from Washington an
nounce that the government will not
recognize the processes of the state
courts and will tnke the vessels even
if the military forcei have to be used
to do it. This raised the old question
that the exactions of the steel trust
has bankrupted a good many con
tractors. , v
THE LIGHT IS BREAKING
From many sources there comes to
The Independent evidence . that there
if,, to be a revival of populism. Men
have been trying the worship of Mam
mon, -devoting th.mselves to greed
p.nd accumulation of money and they
are finding, not comfort and happi
ness, but hatred, malice, disappoint
ment, and that the prize when cap
tured turns to bitterness and ashes.
Signs of revolt are appearing every
where. .Populism has , been a great moral
and ethical movement When all the
nation went mad after gold and em
pire, the populists stood true to the
old principles. They have said that
the "real" thing In life was not mon
ey, and that good government was
not a government of "force," and
these lofty principles are attracting
tc the party men in every walk of
life. Formerly the pulpit, the press,
influential society in the cities, were
all arrayed against populism. Now
that solid line is being broken in
many places. In what are called the
"high class'J magazines for many
years there has been a truckling to
wealth and sneers for everything ad
vocated by populists. Lately in. many
of these magazines there have ap
peared articles attacking with vigor
the truckling to men whose only
claim to recognition was that they
had accumulated by special privileges,
bribery of legislative bodies and ex
tortion large amounts of money, and
the turning over to them the control
of he government That is one sign
- V
of revolt. - '
The upheaval against corruption in
the cities, where men who were here
tofore pointed to as "leading citi
zens" and recommended as models for
the youth of the land because they
had accumulated millions, have been
convicted and sent to the peniten
tiary is another sign of the coming
revolt.
Still another is that - some of the
ministers are beginning to denounce
the worship of monsy from their pul
pits in no uncertain terms and also
the men who have destroyed the high
ideals of this country with their greed
and imperialism. The editor of The
Independent has heard two such ser
mons during the last month. .The
pulpit is no longer solidly against us.
Letters are coming from every state
in the "Union assuring us that writ
ers never propose to surrender. Be
sides that, every populist who comes
into this office is still as full of fight
as he was. from 1893 to 1896, and they
all feel that there is something in
the air that assurc3 them that there
ia a revival of populism near at hand.
All the news that comes from the
eastern states and the constantly in
creasing circulation of The Indepen
dent in those states is good evidence
that populism 'has tal en deep root
there. From the indications now, it
appears that there will be a large
number of populists at the Denver
conference on July 27. The Indepen
dent looks forward to one of the old
and enthusiastic meetings like those
held in Jthe early years of the move
ment at Cincinnati and St Louis. The
grafters that attached, themselves to
us in the hope of obtaining office have
deserted ' during the last two or three
years and we will have at Denver only
those who are working for the good
of mankind, "for which the Lord be
thanked."
Populism is taking on new life in
every state of the , Union. - ;
MR. WARREN'S CRITICISM
Mr. Warren's criticism of The In
dependent's editorial, in issue of July
3, 1902, (See "What Is Populismf this
issue), fails.. in this, that he .seems
not to understand that the principles
of. a platform do not necessarily em
brace every word of the preamble; or
that while it is an eternal principle
that an Increase in the supply of
money must inevitably result . in
a decrease of the - : value of each
dollar,, and a consequent increase in
Would You?
Would you pay ten dollars for five-fifty suits? Not if
you knew it. There are men who are paying that four
and a half dollars too much, but they are men who
don't know it.. We want those don1 iknotoit fellows to
know it. We are selling genuine all pure worsted serge
suits for $5.50. Nobody else is. We know it. We
want you to know it. There are serge suit sold for
less than $10. There are worsted 8iiits sold for less
than $10. But we are selling genuine pure worsted
serge suits. The ideal, dressy," comfortable, summer
suit at $5.50 per suit. We have plenty of them, for
such a price is possible only to a concern that is a big
buyer, and a concern that is not profit greedy. Look
on page 2 of our spring catalog. If you haven't our
catalogue send for one at once.
prices, yet it does not follow that at
the time such statement is enunciated
in a platform that any preambulary
statement as to the then supply of
money is also eternally true. The
supply of money changes as the years ,
go by. The principles governing val
ue do not change.
A reaffirmation last year of the
"Omaha platform" instead of the
"principles of the Omaha platform"
simply reiterated , this statement in
the preamble of the Omaha platform:
"We meet in, the . midst of a nation
brought to the verge of moral, politi
cal and material ruin." The "material
ruin" was last year not discernable.
to the average' man, and not nearly so
plainly to be seen then by the far
sighted man as it is today. We had
had then no coal famine, no car fa
mine, no great slumps in stocks;
prices were high and showed no im
mediate signs of failing. Conditions
in 1902 were not identical with those
of. 1892. But the great fundamental
truths enunciated in 1892 (the "prin
ciples") can never change. Mr. War
ren fails to distinguish- between the
enunciation of great natural laws and
mere statements of fact concerning
material conditions.
It is also true that Mr. Warren
seemingly ignores totally the velocity
of coined mone., in circulation as an
element to be considered. Bank de
posits constitute a device to make
each dollar of coin travel faster. Ten
dimes changing hands each five times
a day in a month of 26 days do the
same work in exchange that 130 dol
lars would do if each of them changed
hands only one 1. the same time.
In the given illustration the "per
capita" would be as 1:130; yet in ef
ficiency as one to one. Never in the
history of the United States have
tank deposits been so great, "either ab
solutely or relatively, and every dol
lar' of bank deposit for the time being
is just as effective in exchange as if
it . were stamped on gold or silver or
printed on "greenbacks." The per
capita increase in ten years, Mr. War
ren says, was $3.96 about 16 per cent
for the decade; but the velocity of
each, dollar in 1902 was much greater
than ili 1892 hence, the increase of
prices cannot be accounted for whol
ly by simply looking at the per capita
increase.
This,, however, militates in no way
against the Omaha demand for an in
crease in the supply, for the device
of bank deposits,-using manufactured
bank credits to unduly increase the
velocity of actual coined dollars, us
ually has a reactionary effect as wo
found out to our sorrow in 1893. Ev
ery dollar lost in l.-Icen banks in
that panic was a bank credit dollar
for the supply of coined money was
still in existence, except such Insig
nificant amount as might have been
actually destroyed by fire, lost, or
shipped out of the country. And the
existent dollars traveled exceedingly
slow for some time afterward, Mr.
Warren must admit.
A FINE EPITAPH
Mrs. T. H. Tibbies, wife of the edi
tor of the Nebr-ska Independent, died
recently at her home near Bancroft
In an interesting review of the lif3
of this good woman the husband says:
"She did all that she could to make
the world happier and better."
No better epitaph than that coul-T
be desired by any man or woman. If
everyone, did all that he could to maka
the world happier and better, what a
fine old place this sad old world "
would be. World-Herald.
PLEASE GIVE THE NAMES
In speaking of Madden's 'attempt
to suppress The Independent, the Lin
coln Star says:
"Thousands of newspapers and
periodicals who were escaping full
payment of postage have been
hauled up and forced to conform
to the rules. Among them it
would appear is The Independent.
It seems to imagine that it i3
about the only victim. The truth
is that nearly every newspaper in
the United States has had to be
called down by the department in
one way or another."
If the Star knows of even one re
publican or plutocratic democratic pa
per that has been called to account
by Madden for selling extra copies
and sending them through the mails,
it will confer 'a favor on the public
by giving the name of the paper and
the date of the orders from Washing- .
ton. Several reform papers have been
refused the mails by the arbitrary or
ders of these Washington imperial
ists, but if there has ever been a re
publican paper so treated the fact
has been kept a secret .