DECEMBER 8, 1904
PAGE 14
X5hs NobrashcL Independent
making such wry faces and kicking up
such a row. What is the use of ap
pealing to the Interstate commerce
commission. It Jias no more -authority
over rates than a country schoolma'am
v . Tka iTnUod fftat.es court took all
its power away a long time ago.
cage declaring that' it Is the province
of the United States to keep order in
he South American republics caused
the London papers to dub-1 he preeldent
"Police Constable Roosevelt"
' Over in . Europe they also thought
that '-'the "beet sugar Industry .would
be destroyed" if they did not have a
tariff and bounties. They tried that
'scheme until the people got very little
sugar and the governments were about
' to be bankrupted by excessive taxa
tion. Then they called the Brussels
conference -and abolished the boun-
" ties and lowered the tax 5Tper cent.
That was about a year ago. Now the
; people have all the sugai they want
and the government income has in
creased in Germany $3,000,000 on ac-
; count of increased consumption.' That
means that the people have four times
as much sugar as before and the gov
ernment increased revenues. When
ever any restriction is put upon trade
and exchange that' reduces the pro
duction of wealth. . But tariff grafter
always deny it.
The Chicago Public 'says: "Certain
srfe and sane" democrat of the ; At
lantic seaboard are reported to be
again secretly combining to fasten the
democratic organization 'n the clutches
of plutocracy."
Mr. Winston Churchill has joined
the liberal party iiv England. -. in a
recent address before a workingman's
club he calmly announce! that if he
were a German he would vote-the so
cial democrat ticket therer He, how
ever, took pains to denounce and re
r,,Mae Mnrvtan socialism That ts
J UU1U bV
the position The Independent has al
ways occupied. The German social
democratic party is simply populism
and not socialism at all.
The capture of 203 meter hill by the
Japanese announced last week has been
confirmed. , The Japanese have also
captured other heights, but because
the dispatches give the Japanese, in
stead of the Russian , names of tue
lills, the military experts are con-
l sed and are unalle to fcrra an esti
mate of the importance of the -cap
ures.One thing seems certain. Tho
Japanese have full command oi tne
tarbor from the land uid3 and . have
sunk two Russian battleships and ono
armored cruiser anchored in the har
bor. The mounting of heavy guns on
203 meter hill and the successful re
pulse of every effort of the Russians to
etake it, seems to change the sit
uation entirely at Port Arthur. The
port is doomed to fall in a short tlmo,
although the Russians may retire to
the fortifications or. the -west side and
south side of the harbor where a nar
row tongue of .land has been fortified
r.nd never yet attacked. , With the re
mainder of the works in the hands of
Japanese the reduction of these works
Would necessarily follow.' There has
been nothing ' but skirmishing 'around
Mukden. The last heard of the Rus
sian fleet, part ' of it w(s in the In
dian ocean and part of it was making
its way around South Africa.
Hard Times In England
United States Consul Boyle reports
from Liverpool that throughout Eng
land there are more men out of work
and wages are lower than "probably
or anv period within the last seven
or eight years." Muncipal and national
statistics show an ever-increasm
number of men unemployed,' and wages
of skilled labor have continually fsA
en during the last 12 months. V
At last when the conditions in New
;York can no longer be hidden, the
charity organizations and other bodies
fire beginning to tell something about
the horrible conditions there. The in
dependent has been telling its readers
of those conditions for nearly a year
and was the only paper in the court
try that would print the facts., A Nev
York dispatch of December 7. now
s&vR- "Charitable institutions in this
v ronnrt that never before have they
been called upon. to assis: so great a
number of unemployed men. Acconi-
ine to . statistics at the municipal
lodging house in First i venue, nearly
40 per cen- more idle men needed help
ill November than was tho case a year
ago." ?
Concres.s convened at 12, m. on la?i
Monday and during" the days of the
Etssion a flood of bills wec introduced.
There is not 'one among them that i?
In the interest of the common people.
The landslide prevented that.
Judge Parker ran 25,000 behind his
cket in New York city and county
Tom Watson made some ,eeches the-"
and Palliser w"a3 in - charge of the
campaign for the t people s party.
The passage in the president's mes
For over sixty years Mrs. Wlnslow's
Soothing Syrup has been usedby
-viom fnr their children while tepth.
g I I J ,.U.V
ata.vou disturbed at nieht an
broken of your rest by a sick child
suffering and crying with pain of cut
ting teeth? If so, send at once and
i - utfla rif Mrs Wtnlnw'o atu
in Syrup f of. Children Teething. i(s
' . .-i1r.iiloVla ' Tf mill
value i . uv,oivuiaun,.( , j. i. nui, iciieve
little sufferer immArHaroi,,
Depend upon it,; mothers, there is - nso
i mistake ;. about it. It, cures " diarrhoea,
regulates the ; .stomach and bowels,
n?rA rotift. softens tha
cures o-uo, i c-
duces inflammation, and gives tone
and energy to we wnoie system. Mrs.
Soothing: Synrn fnr
juofv " .
toothlne is Pleasant to tha't&ctA
and is the prescription of one of the
oldest ana Best xemaie pnysicians and
nurses in the United States, and is for
tale' by all druggists throughout the
world. ' Price. 25 cents a bottle. Be
cure and ask for "Mrs. ; Wiflslow's
Coothing Syrup."
affairs Is not highly improbable, butfr
a. m nv l a I
nigniy prooaoie. wnai is me common
worth if It pays;no dividend, and has
no prospect of ever d6ing eo? Nothing!
In view of the rumored passing of the
common dividend, investors in United
States common are" in line to receive a
salutary lesson In the lundamentais or
finance a lesson that may, and doubt
ess will, redound to the advantage of
enterprises . offering an investment
based on earning power and values.
Business and Finance.
Reorganized Democracy
When they've got It all made over
Wrhat will the thing, be like?
PorHv T)rvon rortlv Clrrwrcr f
What will the thins' be like?
When the ' creature they unveil
Can you tell, right, on the nail,
Which is head and which is tail?
What will the thing be like?
No Children Wanted
A mighty tide of disapproval against
children seems to have set In. A iam
ly of a husband and wife and two chil
dren are living in a tent in New York
city because an angry landlord; finding
that there were two children In the
amily, ejected them without fear or
favor. ' '
Mortgaged Four Times
Look at U. S. Steel. What did the
public pour out its millions so liberally
for? For second mortgage bonds, for
preferred stock, for common stock.
Who holds the first mortgage bonds?
Andrew Carnegie!
Analyze the position' of such buyers
and see where they stand. If the
United States Steel corporation went
into liauidation their lot would truly
be an unenviable , one. They) might
never get a dollar or tneir original In
vestment back. f
Suppose a man had real estate valued
at say $10,000; he secures a loan of
$6,000 on this property, giving a first
mortgage to the lender; suppose he se
cures a second mortgage to the extent
of sav $3,500 Lorn someone else: sun
pose he secures a third mortgage from
another party, and, on top of that
secures a fourth mortgage from some
one else; '.what do you value the tUrd
and fourth mortgages at?' Put this
duestion to a money lender on realty.
or a' real estate agent and noie the
answer. ' ' . '
United States Steel is nearly HTinln-
gous to this; Carnegiei holds the first
mortgage, a proportion ; of the nubile
noicr a second mortgage, anotner por
tion or tne puoiic, noid a tnird mort
gage (the preferred stock) and the
common stockholders hold the fourth
mortgage (the common stock)
If United States Steel was in the
hands of a. receiver the first morteaee
bondholders would receive their exact
pound of flesn, the second mortgage
holders 'get. what was left, the preferred
stockholders get the leavings from . the
otijer two,, and ,tne common stockhold
ers would literally get left.
, Thej men that bought the common
stock of United States Steel, trans
gressed every rule of finance, and the
most elementary rules at that. Truly
the magic of a great name (and suc
cessful thief. Ed. Ind.) is wonderful.
United States common may yet be
kicking around at a fraction of its
present, price, with United States pre
ferred in the position now occupied by
the common stock: this condition of
Impcrid Hernia Cere
Rupture radically cured by new
process, in a few weeks, without
nconvenience or loss of time n
bed. Send for circulars.
O. S. WOOD, M. D.
5i N. Y. Life Bldg. Omaha, Neb
. A
lCDra id: .that you can get t
ldl 'ITIZ from 1 MWttotil J
a being excluded from tQ local .dealer? Write oi par.
it has no reason tO T Mil'ra nr und vnur hirtfia tn
Frenzied Finance
Vhile the Standard Oil Co. let the
'nrbell articles in McClure's Magazine
pass without reply as its custom has
been ever since it started its criminal
career, it has attacked La wson and his
charges-.wita the same viciousness and
n the same way that it has been ac
customed to crush out all competitors
n trade. -Lawson has not only been
sued by several Standard Oil parties
for large sums, but he says the strong
est kind of pressure is being brought
at Washington to exclude Everybody s
Magazine from the mails. When The
ndenendent remembers the attacks
made on it by Madden and the con
stant efforts "It had to make for a long
time to keep from
the mails, and
doubt that what Lawson says about
he effort to keep his attacks upon the
Rockefeller outfit from the knowledge
of the people are true. There are hot
imes ahead.
' ' ' . i
Which Will It Be?
Whether the democraticp arty is to
come out of this confusion rejuvenated
arid reinvigorated, or a new party with
a new name is to spring uo out of the
circumstances, no one can foresee and
no one need pretend to. Events will
determine this: no man, no committee,
no conference can do it, and no toy
politics can lend any very useful aid.
If a new party comes it will not.be
an expansion of any paper party: it
will more probably be an outburst of
the democratic elements of the repub
lican nartv. If the old democratic par
ty has still a democratic future, it
will not be long before something of
that future is foreshadowed. Mean
while let us all democratic demo
crats, democratic republicans and dem
ocratic prpulists remember that a
cause is more important than a. party,
and principles than partisanship; andi
be prepared to adjust ourselves to tne
fighting method which events may
thrust upon us. Chicago Public. ,
it'll M
nr
Mn Tho Farmpr nf I
t
!
1
!
i
ticulars or send your hides to
THE LINCOLN TANNERY
Hanrjr HolmProp. 313-313 OStrtct
LINCOLN, NEBfc.
Fur coats and robes in stock for sale
Or made to order
I
I
i
FARMERS, ATTENTION.
Do tou wish to sell your farm? I'
50. send full description, lowest price
r.rl hps terms. Or. if you wish to
hnv a farm, ranch or Lincoln home.
vrite to or call on Williams & BvaXt,
1105 O St., Lincoln. Neb.
C t
FUR
COATS
How much de
pend on the maker
in aiur coat. Many
f u-coatt are made
from pieces ot dyed
eklns. They look
well, but they will
give you no service
Insist that your
merchant shows
you
COWNIE COAT
That NAME stands
for quality and has
for almost a quarter
of a cemury. It is
the only coat on he
market that con
tains a two-year's
guarautee. If your
dealer can not sup
ply you, write us.
We pay express.
Manufactured only
by
J. H. COYME
CLOVE CO.
fla Mninae Inwa
uoa iiiwiiiubj lunar I
Good Farms
The following is a list of good farms
nfforpri this week:
' 160 acre well improved farm, 8 miles
fmm Lincoln: -good 8-room house,
barn, etc.; land rolling and nearly all
iinrier.nlow. Price $50 per acre. No. 2C
Fruit, farm of 25 feres: lays joining
a enod town-11 miles trom Lincoln;
two story 8-room house; . good horse
nnii now barn with loft:. 5 acres in a
fine stend of, fruit; everything in good
rntifiitinn. Price $60 per acre. No. 3J
9in arrp. irrigated farm near Ft. Mor
(ran- two and hair muss irom town:
never failing supply or water; au un
der irrigation; good 5-room house,
small barn and out-buildings; timber
and shade trees; 150 acres in crop tnis
year, wheat, barley, corn,' potatoes,
sugar beets, cantalopes, etc.; sugar
beets netted $40 per acre, potatoes 80
sacks per acre; land not under plow In
alfalfa and fine bottom hay. Owner's
health noor and he must leave the
farm. For cuick sale this land is ofr
fered for $35 per acre. If desired a
$3 ,-200 mortgage can run as long a"s
desired at 7 ner cent. If desired would
take $5,00,0 of purchase pricQ in good
income, unincumbered, property in Ne
braska, farm or city, we consider
this a rtolendid property and very
Wo. have land for sale in every coun-
tv in the state and will, be "pleased to
furnish descriptions and prices. Some
good opportunities in southern and
wAstem land. Weber '& Farris. 132S
'O street, Lincoln, Nebraska.
U
Daily Av. selling IDEAL PUMP
EQUALIZERS. Mke all pnihps work
EUT. Windmill ran in (lightest wind.
FIT ALL PUMPS. M.rit fells them.
FULLY WARRANTED Exclarive territory. Writ
Pump EqutliMrC., 40 M. Dearborn St., Chicago, III,
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1468 O St-, Lincoln. Ntbr