MARCH 24, 1904.
THE NEBRASKA INDEPENDENT
LIFE INSURANCE AS AN INVEST
MENT FORFARHEBS
Or How Jones Bought and Paid Far a
Six Thousand Dollar Farm
The history of Jones will show how
a person who owns eighty or more
acres of land may double it. Also
how the rent saved by the purchase of
a piece of land will almost pay for it.
If you do not own as much land as
you care to farm and are paying rent,
by the yearly addition of a small
amount to the rent you now pay you
can buy the land as Jones did.
Mr. Jones owned a hundred and
sixty acres of land and rented an ad
joining quarter, paying three dollars
per acre therefor, or $480 per year
cash rent. For years it was the hope
of Mr. and Mrs. Jones to buy this land,
that when their boys (aged ten and
twelve years) grew to manhood it
would be unnecessary for them to
' leave the old h6mestead. Many were
the plans suggested and the ways de
vised to secure this coveted quarter,
but as the owner of the land wanted
JG.000 for it, Mr. Jones could not see
his way clear to buy it.
He reasoned that should he mort
gage both farms in order to secure
the payment of the purchase price of
one, and die, his family might lose
the farm they already owned. A3
the interest on the loan ($6,000) at 6
per cent would be $360 per year, with
in $120 of the rent he was paying, he
concluded to defer the purchase until
his boys could be of more assistance.
One day Mr. Clark, owner of the
land, informed Mr. Jones it was his
intention to sell the farm and did
not care to renew the lease, which
would expire March 1, 1902. Jones,
having farmed ' it for three years,
would, if v he cared to buy for $6,000,
be given the first chance; if not, an
other party would take it.' While Mr.
Jones was in doubt and hesitating, he
received a call from a representative
' of the Old Line Bankers Life .Insur
ance Company of Nebraska, who can
vassed him for a contract of life in
surance. Mr. Jones Informed the
agent of his desire to buy the adjoin
ing quarter section of land, and
.thought he could not well invest in
insurance at present."
Upon learning that Jones had been
paying $3 per acre, or $480 per year
rent, the agent, finding Mr. Jones'
age to be thirty-three, asked him if
. he would be willing lo pay about
$3.50 per acre for twenty years should
the landlord give him a bond, deeding
him the land at the end of that time
should he live, or to his family should
he die at any time after the first pay
ment had been made, cancelling . all
further payments.
Of course, Mr. Jones said he would
be glad to enter into a contract of
that kind. "Well," said the agent,
"you buy the land for $6,000. The in
terest on the purchase price at 6 per
cent will be $3G0 per year. Then buy
$6,000 life Insurance of the Old Line
Bankers Life Insurance Company of
Nebraska, which at your age will cost
$32.60 per thousand, per year, making
the total payments for interest aud
prcmiuma for twenty years $555.60
per year or $3.40 per acre.
"Should you die within that time,
the life Insurance policy will cancel
the loan. Should you live twenty
years and never pay a cent on the
principal of your mortgage, the cash
value of your policy, consisting of
the guaranteed reserve and estimated
eurplua, will be $(5,100.41. Thin ii!
pay off the lout; and leave $ 1 09.41 to
the gtxid. Now, Mr. Jnne, you pay
only forty-nix cniti per acre, or
$?5.6) per year more than you have
tc"n paying for rrnt. If you lite
twenty year, you pay out only $1,513
more than you would pay had yoi
continue) renting under the old )xs,
iVduct $109.4 1. the amount over and
above the t,0(0 whlvh you receive If
you llv, from tha $l,5U, the amount
you have paid 'in, and you will find
you have a $6,000 farm paid for which
has cost you only $1,402.56. This you
have had. twenty years to pay, with
the absolute guarantee that if you
die at any time the mortgage will be
cancelled and the home freed from
debt."
It is needless to say Mr. Jonc3
bought both the farm and thtj life in
surance. This brief illustration of
what Jones did shows what you can
do. If you are a renter, or have a
farm and are in debt a young man
just starting In life, or a salaried man
who would like-to own a farm, permit
our agent to explain how you can buy
a bond on twenty years time without
any security on your part, guarantee
ing you the results of the average
farm'if you live, and your family a
home if you die. , .; .
For further information write the
Old Line Bankers Life Insurance
Company of Lincoln, Neb.
CRUSHING THE FILIPINOS
A friend, formerly holding a high
military office in the Philippines, sent
some time since to The Independent
a bill passed by the Philippine com
mission which wag Intended to drive
out of circulation all currency except
that recently provided by congress.
It contains the most drastic provi
sions, among others one levying a
heavy tax on all deposits of Mexican
and other money in banks. The bank
er was directed to keep an accpunt of
the amount pi such deposits and re
serve from payment to depositors the
full amount of the .tax. . We now learn
from the Manila American that this
law has created an uproar among
the people, although they have no
voice in making the laws under which
they live. The matter was discussed
in a meeth called by the Filipino
chamber of commerce. From the dis
cussion there, the following extracts
from the Manila American are made.
(The term "Mex" is used in the Phil
ippines to denote Mexican silver dol
lars.): ,
,
"It was pointed out in the argu
ments that in the provinces the
new currency was not as yet
known and that the masses of the
people had not become sufficiently
acquainted with it to abandon
Mex. It was further contended
that the payment of government
, revenues and other obligations in
gold would bring distress to the
masses whose only money at pres
ent is Mex and if they were forced
to purchase gold to .meet the de
mands upon them they would be
placed at the mercy of the mon
ey exchanges and brokers and thus
suffer great monetary losses.
"It was pointed out that the peo
ple were alarmed at the prebent
currency muddle and were rapidly
withdrawing their deposits of Mex
ican currency and Spanish-Filipino
currency from the various
banking institutions throughout
- the archipelago and keeping their
money at home, and that this ac
tion had been brought about
through fear of an impending fi
nancial crisis. It was further
- stated that the small retail dealers
were already seriously affected by
the existing currency conditions
and-unless relief came from some
source in the immediate future
many of them would be driven to
the wall."
These extracts show very plainly
what the money sharks are after over
there. The pathos of the situation
comes from the fact that people are
perfectly helpless. They are governed
by force. If it suits their rulers io
pass a law that will bankrupt them,
they cannot help themselves. That Is
a country where the consent o the
governed Is not taken into considera
tion. Such a financial act can pro
duce as much suffering and starvation
ait war. The Independent feels like
using the word of Tom Corwin. para
phrased and altered to suit the occa
sion, and say: "If I were a Filipino
as 1 am an American. I would welcome
such rulers with bloody hand to hos
pitable graven."
One would be led to tllve that the
word used In our statutes and our
constitution wre jmrioiy construct
ed to conceal thought. Here aro hat
ar supjHwed to ! tiUw of the mt
learned nun In the whol t'nitnl
State, who have bwn chosen f
eminent natural ability and scholar-
snip, wnrnrvcr the meaning of the
word used in the statute or rfnt.
tutlon ar brought tfore them tritv
dUacreo an to what the tueanlnr li
na nt or mem aiwayt think ou
thing and four as sincerely believe
they mean something else. The peo
ple of the United States in general
have a supreme contempt for the su
preme court
Cleveland says Bryan is a populist.
Bryan says Cleveland is a republican.
The only conclusion that can be de
ducted from these premises is that
there are but two parties in this coun
tryrepublican and populist and that
the people should line up accordingly.
There is no denying that there is
a land question in such cities as New
York and Chicago 'that in the near
future has got to be solved in some
way- or we must resign ourselves to
the fact that there must always be
hundreds of thousands of paupers and
a million or so of human beings just
on the verge of pauperism, in those,
cities, and a proportional number in
other cities of the Union. Whether
it is by the Henry George plan or
some other, the thing must be done.
Two or three millions of homeless
people (a flat is not a home and can
never be made one) are a danger to
this republic.
A missionary, writing from Chem
ulpo harbor, Korea, to friends in the
United States, says: "The Japanese
army is a credit to the nation. They
behave on the streets like Christian
gentlemen, the reason probably being
that their discipline is so perfect."
Massachusetts is in a state of con
sternation. Codfish ; has gone up to
$7.25 a quintal for large fish and $6.50
for small, the highest price ever
leached. What makes the ca3e almost
hopeless is that it will be six weeks
before any of the new catch of the
season can be landed at the Boston
wharves. What will become of Mas
sachusetts without codfish ball3?
Justices Fuller and Peckham re
versed themselves when they sustained
the Hill merger. It is, but a short
time ago they handed down opinions
exactly contrary to the ones now giv
en. Perhaps they thought that the
court must be kept "five to four."
A financial writer in the Philadel
phia Ledger, in speaking of the New
York exchange, says: "A few weeks
of such dullness will drife hundreds of
brokers into bankruptcy." The price
of seats in that exchange have de
clined $17,000 during the last few
weeks.
In that Jefferson birthday letter
sent to a Boston committee headed
by Henry L. Pierce, Mr. Lincoln said,
in words often quoted: "The democ
racy of today hold the liberty of one
man to be absolutely nothing when in
conflict with another man's right of
property." That as accurately de
scribes the Cleveland democracy and
Hanna republicanism of today as it
did the pro-slavery democracy of Lin
coln's time. It was in that same let
ter that Lincoln said he was "for the
man and the dollar, but in case of
conflict the man before the dollar."
Now that the president's own ap
pointee on the supreme bench. Justice
Holmes, has declared that a criminal
action logically follows the merger de
cision, Roosevelt will certainly be
open to the charge of political, moral
or some other kind of cowardice If he
does not order his attorney general to
bring such action.
There were nine galleys of type set
up last week for The Independent that
could not be crowded into its columns,
and they were set aside on a rack.
Now let our correspondents abuse
some more. All of these nine galleys
were "hot stuff" and'ought to have
been sent to our readers besides about
twenty columns more that were on the
hook and not set up of the same kind.
Nebraska has been "redeemed and
we are swiftly getting back to the
times when republican lawmakers used
to steal chairs, tables and desks out
of the state house.
It would he the Joke of the apea If
after having rejected a man of the
maEniftVent ability and unsullied char
acter of Bryan, the plutocrats would
have to take lleamt.
Two stories wero printed In the pa
per last week, This Is one: "A
Japanese woman at TakiMtM, on
learitlnR that her only son had ' been
exempted from active service on the
ground that she wa dependent upon
his rarnlnrs, ha committed sulide."
Here Is the other: "There arrived at
Kills Island yesterday another Jot of
KtiKslan refuRee. i.sno ;n number.
They rtport that on the frontier of
Husshi then trw thousands of mn
canned wattlnjj a chance to cross to
fsa;x military duty."
HOW'S THIS?
We offer One Hundred Dollars Re
ward for any case of Catarrh tlat can
net be cured by Hall's Catarrh Cure.
F. J. CHENEY & CO., Props.,
Toledo, O.
We, the undersigned, have known
F. J. Cheney fcr the last 15 years, and
believe him perfectly honorable in all
business transactions and financially
able to carry out any obligation: mada
by their firm.
West & Truax, Wholesale Druggists,
Toledo, O.
Walding, Kinnan & Marvin, Whole
sale Druggists, Toledo, O -Hall's
Catarrh Cure is taken Inter
nally, acting directly upon the blood
and mucous surfaces of the system.
Price, 75c per bottle. Sold by all drug
gists. Testimonials free.
Hall's Family Pills ar' the best
FOR KENT OR KALE On crop payments,
vrl choice ftrmi. Read for list.
JOHN MLLHALL, 8lonx City, Iowa.
DRUGS
AT WHOLESALE PRICES
One or dozen. Same price Add 25c
for boxing and dray age outside of Lin
coin. - -
f 1 Peruna I 78
11 Kilmer's Swamp Root 74
?5c (astorla (genuine) 26
50c Syrup of Figs ...It...... 89
S5c Bromo Qntnlne 16
25c Allcock's Porous Plasters 15
25c Carter's Little Liver Pill 1A
25c Mennen'; Tolcora Powder 1
1 Coke s Dandruff Care 79
25c Allen's Foot Ksse.... 19
fl Bromo Seltler 79
11 Booth's Hyomei; 89
fl Hostetter Bitters 7
2fic Packer'! Tar Boap..., 19
1 Ozomulslon 79
fl Dix Tonic Tablets 79
60c Hosford's Acid Phos 89
II Aver's Hnir Tonic .. 79
60c Omega Oil 89
60c Rad ways Relief 89
60c Pozonni's Powder 86
26c Pear's Glycerine Sosp 19
20c Pear's Unscented Boap.... 18
81 Seven Sister's Hair Grower....... 79
$1 Stearn'n Cod Liver Oil 79
7fic Zozodont 66
$1 Pierce'! Kennedies 74
II Wine of Card ul 74
fl Stuart's Dyspepsia Tablets........ - 78 .
fl Palne's Celery Compound 76
$1 Hood's Sarsaparllla 79
fl 8. 8. Specific 78
1X75 Horlick'i Malted Milk (hos
pital sire) f 19
1 Horllck's Malted Milk 78
II Scott's Emulsion. 77
fl Lydia Pinkbam's Veg. Comp'nd. 77
fl Listerine 74
fl Lister's Antiseptic, genuine....... 59
60c Denver Mud 85
60 Denver M ud genuine..,. ., 86
fl Maltlne Preparation 89
ft Trommers Malt Preparation 89
81 Duffy's Malt whisky 89
11.26 Vine Spring Malt full qts spe
cial cut 89
fl.25 Old Style Bourbon qt
fa 76 Old Style Bourbon gal.. 2 99
fl California Wines qt 49
f3 California Wines gal 1 76
fl.25 Thlalion 89
l'l Dr. La Due's Female Pills. 1 00
f 1 Dr. Sboop's Remedies 89
f I Russet's Emulsion 89
f 1 Wyeth's Beef. Wine and Iron 89
f 1 Rings' Beef, Wine and Iron. .. .. .. 79
fl Extra Domestic Beef, Wine Iron 69
fl Beef Extracts, any make , 89
fl Mothers Friend 89
fl Hyomei (Booths) 89
f 1 Lfquozone , 89
fl B. B. Balm 89
fl Cuticura Resolvent 89
11 Pusbkuro 89
fl Munyon's Pawpaw. 89
fl Ayers Cherry Pectoral.- 89
11.25 Manola I 00
60c Miona 46
50c Cuticura 44
25c Cuticura sonp 19
75c Box Cuticle Soap cut to . 25
11 International Stock Food Reme
dies '.. 89
ffl.oo Bath Cabinets 8 75
2 00 Trasses 1 00
fl 00 Hot Water Bottle guaranteed. 79
fl Fountain Syringe, guaranteed... 79
12 Vaenial Syringe, guaranteed 99
13.60 W birling Spray Syringe 2 99
12 Chest Protectors 1 00
f2 Rubber Gloves every kind 99
10c Bunch Envelopes 05
60c Box Statlonury 26
10c Ctxars 06
60c Rtggs' Cough Syrup, guaran
teed .. 46
25c RljrgV Kidney aud Backache
plaster 19
. Dr. La Rue's Nervine Tablets 1 uo
for weak men (or 8 boxes i'LM)
Trllbv's Corn Leaflet cures corus... 10
25c Rlries' Cascara Tablets ., 22
25c Rig' Cascara Wafers 10
25c Trilby Headache Tablets 21
25c Cream of Pearls for the skirt 23
KicgV Pile Cure, guaranteed ,, 60
Rlgk's' F.czcnia Cure guaranteed.... 60
Belladona plasters, Belladona and Cap
sleum plasters, Rheumatism Hauler and
a doxen other kinds regular 25c plasters
our price 15c each or two lor Vc.
60)1 Witch haiel. mil pint (equal to
Pond's Extract) ,
?Oc Florida Water Fca Salt i.1
V.V Untie Ammonia..... , JO
fltOimildrr Braces.... 10
Se MUtleio Cream 19
U.5o AUiominal Supporter 2 w
fc! uu Crutch I
; Mantels, guaranteed (j
W handle the nnT cotilels line of
drug In the ilatof Nebraalrm andean
(III any order and aave you trotn to to :)
percent. A full line oi International
and PceurUy tttk f oods st cut pikes.
Ctothts) Hru h Trf
To show you that Klf does bust
nra right ht will ftva yu tr of rhargs
S tianlwm tmprtd clothe triuU tl
you UI rut out this a I and htt It la
l.lin, or one of the handtome brushes
will be sn free Un every inailvrder,
KlvaVao cuutr
. lJU O Strut, Llnc.ln.Ne.
v