THE NEBRASKA INDEPENDENT
OCTOBER 1, 1903.
MOTE!
Money and the Taxing Power
BY ".W. H, ASHBT,
OLIIIILLu w ULHIILLU
All Rights Reserved.
16
2.V Years' Sue
cessful Practice
in diseases of the
Nose, Throat,
Stomach, Liver,
lleart, Paralysis ,
Bowels, Bladder,
Blood, Skin, Kid
ney D is eases,
Piles, Fistula,
Rectal Ulcers.
Diabetes aud
Bright's Disease.
WALiure DISEASES and
DISORDERS of MEN
Vaunt;, Md!-ed and aid MEN, if
yea cmsot calf, write today. The price
f a cre depends on the eeverit y of the
jlMaae. Sane can be cared FOR $5.oo
Others $5.00 PER MONTH.
Treatment aad Medici ae by mail. Ex
amination and consultation free. Call
or address with stamp, 1. O. Box 224.
hrt tcai-bt & Smrlf Rooms 219-220
vr$. Manes & Maries, Rlcj,ard9 mL
llth and O 8U., Lincoln, Nebraska.
E
TIPPANY'5 Sure Death ta
Lice (Powder) sprinkled
,ln the nest keeps four
fowls free from lice. Sprinkle
hen and the little chicks will
hare no lice. Tiffany's Paragon
"Liquid" kills mites instantly.
Sprinkle bed for hogs, roosts
for fowl. Box powder for lit
tle turkeys and chicks post
paid 10c. We want tRents.
THE TIFFANY CO.,
Lincoln. Neb.
COLUMBIA
NATIONAL
BANK
OF LINCOLN, NEBRASKA.
i
I
i
i
Capital, $100,000.00 J
4 Surplus, 14,000.00
Deposits, 9,350,000.00
OFFICERS .
John B. Weight, President
J. HrWESTCOTT, 1st Vice Prea.
2d Vice Pres.
Cashier
Asst. Cashier
I
5 Joe. Samuels,
j P. L. Hall,
X W. B. Ryons,
i
Tho Hotel Walton
1516 O STREET,
the best aad most convenient low priced
house ia the city. Rates f i per day and up.
" Jj aw iiiiiiiwl-
CHEAPEST PRACTICAL FOUNTAIN PEN .,
on earth, 15c. A. Clark & Co., Wilmington, Dela.
Cancers Cured;,
why suffer
pain and death
from cancer? Dr. T. O'Connor
cures canceri, tumors and wens;
no knife, blood or plaster. Address
1306 O St, Lincoln, Nebraska.
WANTED Several persons of character and
good reputation in each state (one in this county
required) to represent and advertise old estab
lished wealthy business house of solid financial
standing - Salary 121.00 weekly with expenses
, additional, all payable in cash direct each
Wednesday from head offices, llorse and car
riage furnished when necessary. References.
Enclose self-addressed envelopet Colonial, 832
nearoorn ov., vmcago.
W ANTED Oil agents, good, reliable, enertretle men
to sell our High Grade Linn ot lubricating Oils,
Greases, Belting, also Koof, Barn anl Hons Paints,
White Lead, etc., either exclusively or as a side line.
locally or travelling on commission. Specially to the
Threshing and Farmers Trade. -Address
lb Industrial OU & Supply Co., Cleveland,
vaio. , , . . .
II
Barbara Villiers;
sir A. IIulArvnr Mnnotoru r, mu "
by Hon.1 Alex. Del Mar, formerly V.
H. Commissioner of Commerce and
Navigation; member U. S. Monetary
Commission; author of "A llistory
of the Precious Metals," "History ot
Money: etc. contents: The Crime
of 1666: Silver; The Coining Mill
vand Press Invented; East India
.' Trade: Barbata Villiers, the King's Mistress
The Coinage Bin; burrenaer ot tne i oin
osre Prerogative .by Charles II; Bribery
Cilmc of 1742; Crime of 1868: Crime of 1870
Crime of "1873; Equitable Money: Crime of I'.xiu,
ILLUSTRATED. Cloth, 8vo.. 75 cents. THK
.CAMBRIDGE .ENCYCLOPEDIA COMPANY
Box 160, Madison Square P. 0., New York.
BOOK 2 Chapter XIX.
The whole subject of banks has been
covered with mystery in order to con
found the public mind.
When a bank receives for safe-keeping
the coin of some one else, and is
sues to him a certificate payable in
such coin, at the place of issue or else
where, such certificate does not par
take in any sense of the nature of
coin, but is merely a private order or
promise to pay coin.
These orders or promises have been
a convenience in trade. But unless
the bank issuing them receives com
pensation for the service, no profits
will accrue to it; and without prof
its, banks do not operate.
The typical bank of this class was
that of Amsterdam.
It professed to hold sacredly every
coin deposited with it, for the redemp
tion of its certificates and drafts. All
was well until it was discovered that
the bank had secretly loaned $10.
000,000 of the coin tnus held, and the
alarmed depositors demanded their
coin and the bank was compelled to
close.
: Here is a proposition that cannot be
disputed: Without receiving in some
form government favoritism, no bank
of any. kind can be honestly operated
and make any profits.
Banks of issue are founded upon and
carionly exist by a fraud upon the
body of the people. Banks of deposit
and exchange can only obtain profits
bj( charging their patrons for services
performed, which the government
should itself perform for nothing; and
the safety of thejr patrons rests upon
nothing but the honesty and integrity
of persons greedy enough to engage in
the business.
When the fraudulent privileges and
the temptations to- dishonesty are
eliminated, even then the sole benefit
the public can derive from banks is
that one may deposit cumbrous coin
and' receive certificates or drafts, easy
to carry, and receive again at a fixed
time, or on Wemand, at the same or
another place, the quantity of coin
thus deposited if they are willing to
pay the banker for doing so.
The secret underling all the efforts
to secure legislative enactments by the
greedy class, is the desire to sieze some
portion of the taxing power.
Under all disguises, this is the pur
pose of the metallists and as well as
the bankers' and bondholders' trust.
. They caught the secret from what
ii improperly called the "Bank of
Venice." While sedulously trying
conceal that secret, they incessantly
seek to exercise the power of taxation.
Let us examine the institution
known to history as the "Bank of
Venice." Nobody seems to have un
derstood" its real character. In the
present condition of the science o
money, it is not possible that people
accepting that so-called science, should
understand it. It is necessary Xo in
vestigate it in the light of the new
discoveries here made.
..The Bank of Venice was not, in
deed, a bank at all, in the modern
sense of that term. The word "bank"
is derived from the Venetian word
'banc." which meant a "bench," and
is descriptive of a part of the furni
ture used in that institution but of
nothing else.
This institution, improperly called
by the people ot that city the "banc"
or "bench," and which Dy a curious
prevalence of ignorance is universally
associated with modern institutions
(called "banks") operated for profit,
had scarcely a feature in common with
a modern bank. It was simply a de
partment or bureau of the government
of Venice. Its official name was the
'Chamber of Loans." ..
This institution was the offspring of
military disasters which threatened to
extinguish the Venetian republic. The
entire revenues had been exhausted in
vast "preparations for war, which had
ended in overwhelming defeat ana
disaster. Further enormous revenues
m u s t be raised or the republic must
perish.
Look, now, at the conditions but
rounding that people.
They had taken refuge from the
fierce warriors of Attila, upon the low
and barren sand-islands at the head of
the Adriatic sea. The lagoons pro
tected them from the attacks of those
grim Huns, and they took to the wa
er and became a maritime people and
the "common carriers" of the world.
Their territories, limited to those low
Good 80 acre farm for sale
Box 132 Vesta, Neb.
banks of barren sand, produced noth
ing capable of performing beneficial
service for man, except salt. Their j
merchants and their ships traded ini
the commodities of all nations, while
they produced rothing at home, ex
cept salt. j
But by trading between the nations,
carrying everywhere and . exchanging
the products of every people, the Ven
etians became immensely wealthy.
Their energy and intelligence used
this vast wealth to build a. magnif
icent city. They fortified it and deco-
rated it with their own wealth, and
with the wealth of conquered nations,
while their ships covered the known
ocean. Their territories meanwnne
contained none of the materials for
building or equipping vessels, nor for
the manufacture of any of the muni
tions of war. .
But the Venetians took advantage of
the universal superstition, then, as
now,, prevailing everywhere among
mankind, concerning gold and silver,
and stored the wealth they gathered
from the trade of-the world in those
two "precious metals." The city of
Venice shone resplendent with them.
But when disaster overtook their
warships and left them without a
navy, the materials for the construc
tion of a new fleet had to be bought
from foreign . countries which pro
duced them, and Venice, produced no
corn, cotton, wheat, pork or Deer, or
any manufactured products, which
could be taken by the power of taxa
tion by the government and given in
exchange for the materials so sorely
needed for the public defense.
But gold and silver, owing to the
prevalent superstition concerning it,
could be exchanged for the needed
things with the people who possessed
them if only the republic could get
the gold and silver.
How, then, to obtain possession of
these two commodities, then became
the problem the government had to
solve. - -'.
It resolved to levy a vast tax in
kind upon those two metals and thus,
through the exercise of the taxing
power, provide itself with the means
of obtaining the required materials,
In order to . carry out this design, it
established what was called the
"Chamber of Loans." The government
was obliged to meet the deficit by
"anticipating the revenues." It called
upon the rich merchants of Venice to
deliver up at the Chamber of Loans
all the gold and silver com and bul
lion they possessed, no matter for how
many years in the future this might
pay their taxes. a
Instead of issuing to each one, who
thus advanced his taxes, a portable
"receipt'.' against future tax levies
the usual method of "coining money!
the Quantity of value received from
each was "coined" or written in the
money term of Venice upon the books
in the Chamber of Loans.
It stood there, upon those books,
expressed by the word '.'ducat," aided
by the numerals (which constituted tne
"money" of yenice) and proved con
clusively the' quantity of , value each
had paid of future tax levies, in me
two metals required. v
The republic consisted of the innaD-
itants of the city, and those "coins"
inscribed upon its books were suffic
iently convenient for. such . a people.
Had thev possessed-a large territory
and a scattered population, they would
no doubt have "coined ' their "money
upon some portable substance and
have delivered it to eacn taxpayer, as
did this republic during the civil war.
It was simply a question of convex
ience in the form of keeping the ac
count between the taxpayer and the
covernment.
The certificates of payment, thus
coined upon the books, were by law
transferable on the books at the own
er's reauest. were exempt from taxa
tion and execution, and their "tender"
was a peremptory receipt against ev
ery form of tax levy and judgment
throughout the Venetian repuuue.
Not understanding fully the experi
ment they were trying, they . at first
allowed a low rate of usury upon the
nuantitv of valueX advanced' and in
scribed upon the books. But this soon
ceased, and the "coin" thus mscriue'
ii non the books of the Chamber o
Loans performed perfectly every office
of metallic coin, In the most saus
factory, way for. six hundred years.
(Continued Next Week.)
From Inflammatory
Rheumatism
Would Have Killed
Our Son.
Dr. Miles' Anti-Pain Pills
Saved Him.
"We beean to use Dr. Mile' Nerve atid
Liver Pills six vears aeo. My wife had liver
trouble arid a mighbor gave her come of
your liver puis to try, attr which we bought
a bottle of th-rnvand my wife nsed them un
til cured. Since then I have used them and
I must say that I have never used any pills
that gave me the satisfaction these have.
We also use Dr. Miles' Anti-Pain Pills with
greatest satisfaction. Three years ago our
sou Harry had inflammatory rheumatism.
He had suffered so much that I believe if we
had not given him Dr. Miles' Anti-Pain Pills
which relieved him almost instantly he would
have die 1. I am always glad ot the oppor
tunity for praising Dr. Miles' Remedies."
James Everjt, Alton, Ills.
"I was afflicted with neuralgia for years
and never found any permanent relief till I
began using Dr. Miles' Anti-Pain Pills.
They are a sure cure for headache aud neu
ralgic pains. Only, this morning I recom
mended them to a friend with a severe head'
ache and in a half hour he came into the
store 'smiling. The headache was gone. We
use them in the family and find them excel
lent for the women folks. This high altitude
makes them very nervous. Grandma says I
should tell Dr. Miles she could not live ners
were it not for the Anti-Pain Pills that she
takes occasionally." L. B. Morris, Helena,
Montana. , . -"
All druggists . sell and guarantee first bot
tle. Dr. Miles' Remedies. Send for free book
on Nervous and Heart Diseases. Address
Dr. Miles JUedical Co., Elkhart, Ind,
for your Farm, Business.
Home or property of any kind
no matter where located. If
you desire a quick sale, semi
us description and price.
Nor i hwkxtkrx B v s i n f a ii
AaiP.NCY. No. 313 Bank of Commerce Bklg Min
neapolis, Miuu. .
DASH
Dr. Mitchell's Lumpy Jaw Cure
Dr. Mitchell's Lumpy Jaw Cure it
guaranteed to cure or money refunded.
One application is enough. One bottle
is sufficient for 4 head or more. You
can buy it at your druggists or he
can get it from his jobber. If he won't,
write us direct and we wilt send you a
bottle for $1.25 delivered. Marshall
Oil Company, sole sale agents for the
United States, Marshalltown, Ia.
It would seem that self-interest
would soon drive the four or five great
manufacturing nations into conclud
ing commercial treaties and agree
ment on tariffs that would relieve
them of the exhaustive burdens that
such laws Inflict upon all the people of
those countries. We may expect tha
in the near future societies will be
formed advocating commercial peace
with as much earnestness as the Mo-
honk conference now advocates the
abolition of war. The truth is that
each kind of war is about equally de
structive of the happiness of the world
Send Us$1.90
And get more Hat wear, Hat style
and general all-around Hat good
ness than you ever got when yoa
paid as high as &I.5Q It's the
Armstrong Special
It includes Soft Hats In all styles
any desired shape colors, black,
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In - all shape- colors, black and
brown,
Send for our catalogue ol new
clothes atylea.
Armstrong Clothing Co,
The Good Clothes Merchant
n
ll-87 OSt., Lincoln, Neb.
INVESTMENTS IN
SOUTHERN LANDS
Snch investments are not speculative. Ths
south is not a new country. Market and ship,
ping facilities are adequate and first-elan. Th
climate is mild and farorable. Notwithstand
ing these and other advantages, southern lands
ar selling for prices far below their real valne,
and at present prices net large returns on tha
investment. For a free set of circular, Nos. 1
to 10, inclusive, concerning the possibilities of
lands in Kentucky, West Tennessee, Mississippi
and Louisiana, oa and near the Illinois Central
Railroad, for homsieekers and investors, d
drsss the undersigned. ,W. H. BRILL,
District Passenger agent, Omaha, Neb.
