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About The independent. (Lincoln, Neb.) 1902-1907 | View Entire Issue (July 30, 1903)
8 THE NEBRASKA INDEPENDENT JULY 30, 1903. C;e Uebraska Independent Lincoln, Nebraska. UDCKI1 DUltUIPlU. Entered according to Act of Congress of March 5, 1879, at the Fostofficc at J,iucoln, Nebraska, aa aecond-clasa mail matter. PUBLISHED FVRRY THURSDAY. FIFTEENTH YEAR. $1.00 PER YEAR i ; . When making remittances do not leare aioney with newa agencies, postmajtera, etc., to b forwarded by them. They frequently forget or remit a different amount than was left with theiu, and the subscriber fails to get propel credit. , Address all communications, and tnak all drafts, money orders, etc., payable to tlje Nebraska Independent, Lincoln, Neb. Anonymous communications ;will not be noticed. Rejected manuscripts will not b returned. T. II. TIBBLES, Editor. C. Q. DE FRANCE, Associate Editor. F. D. EAGER, Business Manager. Since the Allison plank on the tar iff was adopted by the Iowa conven tion, the republicans over there who were once proud of the "Iowa idea," now declare that they never had an Idea and never expect to have one. The dailies have had a great deal to say about the purification of the poli tics of Minneapolis and the convic tion of Mayor Ames and his brother, the chief of police. They have, how ever never mentioned the fact that the whole movement was the work ot the old populist, Ignatius Donnelly. He set on foot the investigation that pnded In the conviction of the Ames brothers and other city boodlers and fought the whole gang to which they belonged for years. Up. to the present writing twenty two deaths from lockjaw have re sulted from wounds by toy pistols in the state of Pennsylvania alone. There Is a good deal of discussion in the papers about how to prevent the rale of these deadly things. Suppose they try taxation like they did on oleomargarine. Put a tax of $5 on each pistol and provide that a stamp to that amount shall be attached to each one, in the absence of which the owner will be fined and sent to prison. The entire "push" on Wall street is just at present united in maintaining prices and resisting to the uttermost any decline. Besides Wall street, the managers of the republican party, knowing that their hold on power de pends upon it, are using every means at tneir command to the same end. They have an awful load of, as Jim Hill says, "indigestible securities" to carry and the only question is how long they can endure the strain. It may be that they can put off the col lapse until after the presidential elec tion RTlrl In that la their ntilv hr.no These have been a good many stor ies printed in the papers about the discovery in Colorado of extensive fields of anthracite and semi-anthracite coal. David H. Moffit, who is building what is 'called the Moffit Short Line road out in Colorado, an nounced in New York the other .day that when that road was finished he would deliver anthracite coal, as good as the Pennsylvania variety, in Chi cago at $5 a ton. The Independent has had so much experience with million aire lies that It takes this statement "cum grano sails." It seems to it that If there were such a field of an thracite out there, some responsible newspaper man would long ago have visited the spot and told all about it A description of such deposits and their extent would make a "feature" In any Sunday paper that would at tract universal attention. TIIK PEOPLES TAUTY Populist differences are now settled. No change, however, will bs made in the two national committees, but they tirl 1 1 nAvtf InttA - w 11 1- a- . WUIAUUU c&o uun XXXI 11 1 UCAt national convention selects a new com mittee for the campaign of 1904. Working in harmony with these two will be the national committee se lected by the .Denver conference, which is intended to bring together both fac tions in each state. Part of the work will be to arrange for state confer ences later this year and effect a thorough organization. As a national organization the peo ple's party will never again join hands with any other party. It will have its own candidate for president and vice president. Whether this action will result in rallying around its standard the for mer adherents, depends almost wholly upon what the old parties do next vear. The republican party is safely plutocratic. So is the democratic par tywhen it wins. It was really dem ocratic in 1896 and 1900 and lost be cause its state leaders in the east were plutocrats and stabbed it to the heart. Given next year an Iowa platform and a Gorman or Parker, and the dem ocratic party will lose hundreds of thousands of votes The people's party will poll one and one-half to two mil lions. But populists generally rec ognize that with a Chicago or Kansas City platform and a man of Bryan's stamp, the democratic party can kill the people's party independent ac tion, or no action, or fusion cutting no figure. There is room for but one really democratic party and whether it goes under the name "democrat" or "people's" is a question that will be decided next year. In any event there will be genuine opposition to plutoc racy, and not a repetition of the tarcical opposition of the democratic party from the war until 1896. IS HE A "NATURAL" Henry W. Yates, gold democrat and national banker, has attempted to write on money and he makes just as ridiculous an ass of himself as he was wont to do in 1896 and 1900. He gives a definition of "fiat money." The Independent wonders how long he will stand by it. He says: "Fiat money is any money made to order, or which comes into existence by means of legislation." That is exactly what the populists have always said. As it is impossible to conceive of any sort of money com ing into existence in any other way than 'by means of legislation" he is in perfect accord with the Omaha plat form and Senator John P. Jones, who said in his great speech of 1893, page 102: "All money, whether of gold, silver or paper, is 'fiat.' Money is created by law." Gold becomes money by means of legislation, therefore, according to Mr. Yates, gold is "fiat money." Mr. Yates will hardly claim that a nugget of uncoined gold is "money." If he thinks so, let him undertake to dis charge a judgment or pay his taxes with it But that nugget of gold may become money. How? By means of legislation." So gold is "fiat" money according to Mr. Yates' definition. Mr. Yates shows his assininity fur ther along in a still more striking way. He says: "Natural or sound money is that which depends for its supply sole ly upon the amount of labor ex pended in it3 discovery and pro duction, and whose value is fixed by no law.", That statement shows that Mr. Yates is a socialist. The socialists claim that labor creates all value and the value of his "natural or sound money" Is created by Labor. Much labor has been expended at Crede, Colo., and much gold has been taken from those mines. But after the la Opens its Fall Term Sept 1. It will cost you no more to attend the best than the poorest. Everything first-class in the way of teachers, equipments, courses of study, etc. Get particulars by sending for free Catalogue at once. It will pay you. Address: ROHRBOUGH BROS., 17th and Douglas Sts., Omaha, Neb. EE 50 Household Articles. 99 Cents. Send us your name and address and we will send you. by express, the following big assortment of useful merchandise, subject to examination. Take them home and exam ine fully. If you are then entirely satisiied, send us a P. C. money order for l)9c. This is a big bargain and you should order at once. ?3.U0 is what they would cost you at your local store. drawer pull. 1 potato masher. 2r w hite envelopes. 1 wire strainer. 1 ink tablet. 1 nutmeg grater. 1 pen and penholder. 1 stove lifter. 1 bottle ink. 6 tea spoons. 1 OX CiiyODs. u tabic SpOOua. 1 lead pencil. 1 sponge. 1 leather pocketbook. 1 kite. 1 7-inch comb. 1 pair scissbrs. 1 pocket mirror. 1 pocket knife. 1 spool emb. cotton. 1 shaving brush. 1 box tacks. 1 watch chain. 1 screw driver. 1 scarf pin. 12 pants buttons. 6 collar buttons. 2 shoe strings. 1 paper pins. 1 box hair pins. 1 aluminum thimble. 1 cone Ironing wax. 1 white handkerchief. 1 pair black hose. 1 needle cabinet. 1 combination tool.can opener, glass cutter, 6 shelf papers, pner, etc. l egg Deater, 1 yd. French lace. 12 agate buttons. 2 hat pins. 12 hooks and eyes. 1 boxwood whistle. I brownie mask. 1 dressed doll. 1 heart patty pan. 1 star patty pan. 1 wire coat frame. 1 good hammer. STANLEY CAMPBELL CO., Pent. 6t Mllford, Neb. am J) bor has been paid, more than a hun dred millions of gold was left and it was distributed amnog the owners of those mines. What put value into the gold that stockholders got after the labor had been paid for? Evidently Mr. Yates concludes that the old phrase sound money" has seen its day and he must have a new one, so he coined "natural money." "Natural" means fixed or determined by nature. If there is such a thing as "natural money," then it has existed since time began. Away back among the uncounted millions of years that the geologists tell us about, even be yond the Silurian age in the Azoic times, there existed "money." Before the Trenton granite was deposited, money existed for it is "natural." Mr. Yates says of his "natural" mon ey that its "value is fixed by no law." If that is the case, then gold is not "natural money." For the value of 25 8-10 grains of gold is "fixed by law" and the law says that hat much gold nine-tenths fine shall be one dol lar. , , Mr.: Yates may claim that there are other meanings to the word "natural" and to that The Independent agrees. Here is one which, after reading his article in the WTorld-Herald, July 13, would seem to fit him: "Natural. One born without the usual powers of reason." - Mr. Yates not only seems to have been born without the power to rea son, but he shows a still greater de fect. He can't distinguish between truth and falsehood. Read the follow ing and see how true this assertion is: "We have now fiat money in amounts as follows: Legal tender notes ..$ 366,000,000 Silver certificates 462,000,000 National bank notes.... 406,000,000 Total $1,234,000,000 "All this volume of currency is based for its redemption upon a gold reserve in the United States treasury of $150,000,000 giving us an inverted pyramid, the base line of which is 150, and tne top line 1,234." Mr. Yates must certainly know that his statement that the $462,000,000 of silver certificates are not "based for their redemption upon a gold reserve in the United States treasury of $150, 000,000." On the face of every Silver certificate there are printed these words: "This certifies that there has been deposited in the United States treasury payable to the bearer on de mand . . . silver dollars." Any man can satisfy himself concerning wheth er Mr. Yates can distinguish between truth and falsehood by reading what Is printed on the first paper dollar that he gets, for in 99 cases out of 100 it will be a silver certificate. SENATORIAL CAD The newspapers exhausted their vo cabulary of invective, ridicule and sar casm In regard to Kansas populists. But the Kansas populists sent a re spectable man to the United States senate. As soon as the republicans got back into power they sent a ca l and a scoundrel there. He Is one of those despicable creatures that makes a de cent man disgusted whenever his name is mentioned. Some months ago this senator, Burton, went to the president and told him that he, Burton, was in terested in a great religious and moral scheme connected with the St. Louis world's fair. It was to reproduce an exact fac simile of the" city ol Jeru salem. The president was interested and afterwards wrote Burton a confi dential and private letter introducing him to some of his churc , friends. Burton took this letter, had it photo graphed, surrounded it with advertis ing matter so worded as to make the president indorse the stock of the company formed to get up the exhibi tion and sent it to a magazine as a full page advertisement. The proprietor of the magazine was astonished and coming to the conclusion that the let ter must be a forgery, wrote to the president to know if it was genuine. It is said that when Teddy got that letter his language cracked the plas tering on the White house walls. The publication of tne advertisement was stopped and Burton has been kicked into the outer darkness, as far as any patronage is concerned, in which the opposition senators dwell. BIMETALI9M AT LAST The fact that the great dailies are more interested in suppressing the news than they are in printing it is shown by the way they have treated this question of adopting bimetallism at the ratio of 32 to 1. TL. commis sion appointed by the president to go to Europe has visited England, France and Germany and is now on its way to Russia. The first three nations have agreed to the plan and there is no manner of doubt that Russia will also. In Germany the conference resolved that it would be beneficial to "fix"1 the value of silver in relation to gold, and as much so to the gold-using coun tries as to the silver-using countries. The funny thing is that this same conference passed another resolution disclaiming any idea of promoting bi metallism. If "fixing" the value of silver in relation to gold by law is not bimetallism, what is it? The Indepen dent informed its readers all about this move by this, and the European governments months ago, being as us ual, that much ahead of the dailies in furnishing news that is of interest to the people. Some of the pretenses for wearing a button, a badge or a ribbon are the most absurd and childish that sil ly members of the human race could invent and the most ridiculous of them all Is this thing called the "veteran" button of the Spanish war. That war lasted only a few weeks. How a sol dier could become a "veteran'' In that time, is one of those things that no pop can find out. ( Patronize our advertiser , W ' 1 I i