The independent. (Lincoln, Neb.) 1902-1907, October 08, 1903, Page 16, Image 16

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77
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Money and th? Taxing Power
HI w.n. Aonuu
ocini CP O OC ID! C Q A
JL 7GI ii uim
,4 :
All nights Reserved
25 Years' Suc
cess'ul Practice
In diseases of the
Nose, Throat,
Stomach, Liver,
Heart, Paralysis,
Bowels, Bladder.
Blood, Skin, Kid
ney I) is eases,
Piles, Fistula,
liectal Ulcers.
Diabetes and
Bright's Dloease.
UlSbASuS and
DISORDERS of MEN
Yiinr. nlddla-rcd and old MEN, If
yom cannvt call, writ today. The price
of a cura dpnds n tht severity of tha
. disease. Som can be cured FOR $5.oo
Others $5.00 I ER MONTH.
Treat treat and Medietas by mail. Ex
amination and consultation tree. Call
or address with stamp, P. O. Box 224.
'Dr.. SfASMr.5m?5g
11th and 0 fits., Lincoln, Nebraska.
BOOK 2. Chapter XX.
3 ics
llva
WHO , 1
MOCK
y IlllddlUll
1
Kys & Buchanan Co,,
SOUTH OMAHA, NEBRASKA,
m
Best possible service in all de
partments. Write or wire us for
markets or other information.
Long distance telephone 2303
Vm A UiPift
TIFFANY'5 Sure Death t
Llca (Powder) sprinkled
In the nest keeps your
' . fowls free from lice. Sprinkle
hen and the lit tle chicks will
haTenolice.Tiffany'sParagon
"Ltauid" kills mites instantly.
S Sprinkle bed for hogs, roosts
jSW 'or fowls. Box powder for 11 1
tM tie turkeys and chicks post
paid 10c. We wantapenfs.
THE TIFFANY CO.,
Lincoln. Neb.
i
COLUMBIA
NATIONAL
BANK
OF LINCOLN, NEBRASKA.
r
Capital,
Surplus,
Deposits,
$100,000.00
14,000.00
1350,000.00
OFFICERS
John B. Wkight, President
J. II. Westcott, 1st Vice Pres.
Job Samuels, 2d Vice Pres.
P. L. Hall, - - Cashier
W. BRyons, - Asst. Cashier
agzn.
Cancers Lul uuj ,aj and death
from cancer? Dr. T. O'Connor
cures cancer, tumors and wens;
no knife, blood or plaster. Address
1306 O St., T.im
in. ;
Nebraska.
the Hotel Walton
IMC O fetTHr.KT,
the beat and most ronven.ent low priced
home in the c tv, EM ii re r day and np.
" 1 "
1 To the Farmers of
Writers, who have failed to compre
hend the facts regarding the so-called
"Bank of Venice," have called these
payments of taxes in advance, "de
posits of metal," and have thereby
confused themselves and their readers.
There was no "deposit." The owners
understood perfectly that the bullion
would never be returned to mem. iw
promise of its return was either ex
piessed or implied. -
On the contrary, all knew that the
bullion was gathered for the sole pur
pose of being sent into foreign land3
to be exchanged for the services and
materials required to carry on the
operations of the government.
It is competent for a government to
make .anything it may appoint to that
office, a peremptory receipt by its ten
de: against its own tax levies. Since
eery litigant must submit himself to
the jurisdiction of the court to which
he appeals, as his only lawful means
t j enforce collection of his claims, and
accept what it decrees or nothing-
it is likewise competent for govern
ment to determine that the same thing
it accepts as proof of payment against
tax levies, shall be a like receipt by
tender against all judgments, and pass
to the creditor with that power.
There is no force of demand? for
coin, except that which is generated by
the universal and urgent struggle
among men for it, caused by statutes
compelling its use by them as the sole
means of . cancelling tax levies and
judgments. Those "coins" Inscribed
upon the books of the republic of
Venice performed every function and
office of metallic coin, better than
ccins of metal ever had done Or can
do. v ;
. In fact, this system afforded to the
business men of Venice and finally of
thf- commercial world, the very con
venience which we saw a while ago
is" the sole benefit a bank of de
posit and exchange can confer when
well paid for it; and this service the
government of Venice performed with
vast advantage tc itself, not only with
out expense to the people, but with
out the possibility of loss to them, ex
cept in its own complete overthrow.
Anyone looking with the eyes of
common sense can perceive that
through its operations in the Chamber
of Loans, the government of Venice
was simply exercising the taxing pow
er, by "coining" its "money," as a
means of .anticipating the revenues of
the- republic for future years. Instead
of coining that money upon some pri
vate favorites gold and giving It to
him for nothing as has been the
fraudulent habit in this country from
the foundation of the government the
Venetian government "coined" its
money" upon Its own books in the
Chamber of Lo: ns, and actually re
ceived for the coin" thus inscribed
the quantity of value t ere expressed
in the metals, gold and silver, which
commodities the government in turn
exchanged for the serivces and ma
te rials required in its operations. Had
the United States kept for its own use
ail the gold and silver bullion brought
to its mint and given in jxchange pa
per certificates bearing the same pow
er that is stamped on American Eagles
it would have done the same as the
Vf nitians did. r
This proceeding has been called a
"forced loan;" and the officials who
otganized the system, not fully under
standing it themselves, appear to have
thought of it at first as such, for they
named the agency for carrying it out
the "Chamber o Loans." and at first
allowed a low rate of usury upon the
quantity of value received. But
possessed no element of a loan. There
was no more expectation of repaymen
than there was in the case of the
collection of the tax in kino upon cot
tor, and other articles in the southern
states by the confederate, states gov
ernment during thj civil war in this
country.
y
The Venetian owners of gold and
silver metal did not oeposit it as a
lean, expecting that repayment would
ever be made. They knew that the
"money" inscribed or "coined" for
their use, and placed to their credit
upon the books of the republic, was
all they would ever receive from the
government in return for the metal
delivered. But they quickly perceived
that the "money" of Venice "coined
upon those, books performed - every
performed by any coin, with greater
ecility than by use of any cumbrous
metal.
It speedily became apparent to all
"enetians and mankind cannot too
swiftly re-learn the fact that the
quantity of valu- expressed in . "mon
ey." upon the face of "coin," is not
etermined by -the . quantity of the
orce of demand for the material
upon which it is stamped, as such ma
terial; but that -c is determined abso-
utely by the intensity .or languor or
the force of demand for it as a per
emptory receipt by Its tender, "in the
public offices and in the courts,"
against tax levies and judgments.
As those Venetian "coins," inscribed
upon the paper books of the republic,
performed every function of coins
stamped upon disks of gold, and per-
ormed those functions better than
metallic coins could do, tftcjv were al
ways at a premium over gold, and sil
ver coins upon which was expressed a
ike quantity, of value.
In order to understand this, it is
only necessary to remember always
that a coin has no office and performs
no functions, except that to which it :.s
ar pointed by. the statute "in the pub
ic offices and in the courts;" and that
anything whatever empowered exclu
sively to perfom this service is
'coin, and must feel the full strength
of the force of demand generated by all
tax levies, and judgments within the
urisdlction that "coins" it. ,
There was no longer any. need for
gold and silver, nor any competitive
?truggle for its possession among the
citizens of Venice; ' ut those improved
'coins," written upon the books, per
formed every function with far greater
facility than metallic coins could do.
Just as the Imperfect and clumsy, im
plements of barbarians in other de
partments of human activity are con
stantly superseded by more perfect ap
pliances, so wen cumbrous metallic
disks, the "coins" of barbarians, dis
placed and discredited by a better form
of "coin."
Gold and silver coin in Venice, like
Othello upon the same spot, found its
occupation gone." The government
was able to us, as a commodity in
exchange with S"-rounding barbarians,
who knew no better, the entire quan
tity of gold a-1 silver metal to be
found in the republic: while at the
iame time the ''ar superior Venetian
money," - "coined upon books be
longing to the government and not
to a private person, performed with
mch facility all the functions prev-
;ously performed by metallic coins,
'hat those "coins" of Venetian "mon
ey" written in the books, were con
tantly at a premium over metallic
coins of like denominations during six
hundred years: and so remained until
fhe republic itself was destroyed by
General Bonaparte at the end of the
eighteenth century. I surmise, with
out authority, that during this . time
metallic coins were deprived of the
power -of tender and were ..not exempt:
from taxation or execution, as the
coins upon the books were.
The government in order to prevent
further depreciation of gold and sil
ver coin and to maintain their, price,
stopped all usury upon the Venetian
"money" coined upon it3 books. B'it
even this could not prevent it from
soaring to a -remium over the cum
brous coin of savages, and a statute
tad to be enacted fixing tne price of
gold and silver. Even aided thus by
statute, these two so-called "precious
metals" stood during 600 years at a
discount of 2 per cent in Venice, which
during all that period of time re
mained the clearing house of the
world. " " . '
(Continued Next Week.)
To Die of ParalysiS
Lille Father.
Helpless Invalid For
Three Years.
Dr. Miles' Nervine Mado
, My Nerves Strong.
For many years I suffered from terrir-i
headaches and pains at the base of the brain,
and finally got so bad that I was overcome
with nervous prostration. I had frequent
dizzy spells and was so weak and 'exhausted
that I could take but little food. The best
physicians told me I could n: t live; tl:at I
would die of paralysis, as my father and
grandfather had. I remained a helpless in
valid for three years, when I heard of Dr.
Miles' Restorative Nrrvine and began using
it That winter I felt better than 1 had be
fore in many years, and I Iv.ve not been
troubled wi h those dreadful headaches since
I first used Dr. Miles' Restorative Nervine
My appetite is good and my nerves are
strong. Mrs. N. M. Buckneil, 2929 Oak
land Ave,, Minneapolis, Minn.
"For many ye rs I suffered from nervous
prostration, and could not direct my house
nold affairs, nor have any cares. My stom
ach - was very weak, headaches very se
vere, and I was so nervous that there was
not a night in years that I slept over one
hour at a time. We spent hundreds of dol
lars for doctors and medicine. I was taken
to Chicago and treated by specialists, but
received no benefit st all. Fina iy I heard
of Dr. Miles' Nervine and began its use. I
was surprised that it helped me so quickly,
and great was my joy to find, tfter using
seven bottles, that I had fully recover d ray
health." Mrs. W. A. Thompson, Dulutn,
Minn. .
. All druggists sell and guaiantee first bot
tie Dr. Mile ' Remedies. Send for free book
00 Nervous and H 'art Diseases. - Address
Dr. Mdcs Medical Co., lilkhart, lad. ,
55'
You Ouetit to Read
j . ;
3flmwkm
Coopmtor,
32 pages every Saturday ; $1
a year; 3 months' trial subscrip
tion zo cents; o cents a copy. aC, .
It will appeal to you strong
ly. It is a true advocate of the JjJ? '.
coming co-operativo common- SJ
wealth, championing only those
reforms that are within the
bounds of reason, r 3c
To see what it is like send 5
cents for two back numbers. If Jp
your order comes before the
edition is exhausted one of
these numbers will be the issu8 5
Of Sept. 26, which contains the
article, "An Address to Ponu-
5 list.," by George II. Shib'ey,
chairman National Federation 5?
for Majority Rule.
Zh Jlnttrican Coperator.
Lewiston, Me. 5
tsamsra viniers ,
or. A History of Monetary Crimes, '
by Hon Alex. Del Mar, lormerly f".
S. Commissioner ot Commerre find
Nnvijjntion; member V. S. Monetary
I'omniiHsion; mitrior ot "A History
ol the Precious Metals," "History of
Mouev." etc. Content: The Orinto
ol ltitti: Silver:- The CoiniuK Mill
ond Press Invented; Etist India
Trade: Parbara VUllers, the King's Mistress;
The Coinage Bill; Surrender ol the fkin
npe Prerogative by Charles II; Bribery;
Crime of 174"-?: Crime ol 1SKX. Crime of Wi);
Crime ot 17X; .quitnble Money; Crime ol lono,
ILl.i'STP ATED. Clotn, xvo., 71
CA M BRI IXJK tfS'CYCI.OPKlMA
1
1
5 rents TUB
COMPANYiX
Box 1G0, Madison Squure f . u.. rew rotK.
1K
Nebraska:
Do you know 5
that you can S:
get elegant
robes or coats made from the
horse or cattle hides you ell to 3;
; local dealer? Write for particu-
lars or send your hides to ' E
THE LINCOLN JANNEBY, I
Hanry Holm, Prop. 313-313 O Street.
Lincoln, Nb. if
SHIP YOUR HIDES. WOOLS AND FURS
TO
Thomas McCulloch.
ESTABLISHED 1878.
The oldest established hide house in Nebraska. Pays highest mrkt
pricei. Makeo prompt returns. Write for prices and shipping tags. 91 j Q
Street, Lincoln, Nebraska. .
Hnrul 80 noirp farm for kh1p&
Box 132 VesC Neb. V
WANTED Peveral pcTsons ol rhnrnrlcr nd
pood reputation in each state(onein this county
required Mo represent and advertise old estab-'
lished wealthy business house ot solid rhmneial
stnmlir.g ."alnry $21.00 weekly with expenses
additional, all payable in cash direct each
Wednesdav from head offices. IJorse and rar
ria?e lurn'ished when necessary. Reterenees,
Enclose self-addressed envelope, Colouial, 332
Dearborn St., Chicago.
WANTED CU A(reuU. Kwid, t lalle.emrKctlc men
to Beit cur Iph rr.do 1 ine o 1 i:1i1rr.tlnfr ( tla,
f;rrmH. 1 eltlUK, also 1 crf. Tarn an i ) onue 1 !nU,
bite I ead, etc., either exc'.u&ivcly or a sldij Hue,
U.c!ijr or travel Ing u con mission, specially to the
'j hresliinR ttnd tannert Trade.
ddree l he JnOnMrlal I II & mpply Co., ( levelaua,
Ohio. , .
for your F.rm, Buainr.s.
t-oroe or property of any kind
no matter where located. If
you desire a quick sale, send
us description and price.
Nor hwestern BrsiNrse
Agkngy. No. 313 Bank ot Commerce Bldg Min
neapolis, Minn.
CASH
Patronize or advertisers.
t j f .' - . i -H (,- t J l ,.! - j I ,,, , ".' -
t If