PAG3 t
JANUARY 19, 1905
Ufs Nobraokc. Independent
Del Mr fend Mexioo
The first reading of the telegraphic
summary of the Mexican monetary bill
convinced the editor of The Independ
ent that Mexico was the first nation to
adopt the Del Mar theory of coinage
and finance, and reference was made
to it in these columns. Part of the
correspondence of President Dias and
Del Mar has been sent to the oflice
and the following is a translation of
one of the letters:
No. 557 West 14th St., Washington
Heights, New York, January 10, 1905
Gen. Porfirio Diaz, President of the
United States of Mexico, City of Mex
ico. Excellency: Referring to your
valued favor of March- 2, 1903,- permit
me to congratulate you ana ine unit
ed States of Mexico upon the resump
tion by your country of the control of
li--jnonetary system. r' :
: . f6TpifUaB&&9M(i years . this has
beenua subject of contentKjieijrfn.
. . - ' -
the people ana tne masters oi every
state that has risen into prominence.
j The "regalia -of money, like that of war
and peace, of treaties, land3, mines,
taxes, navigation and the jus lega-
itionis, has "ever been recognized by
jurisconsults as essential to the auton
omy of states; yet it has been repeat
edly surrendered by the ignorant to
the designing, until revolution or ty
ranny restored it for a time to its
. heedless owners, the people. Thus
-Solon restored it to Athens and Cae-
-on T tn Pnma . until Ira ohllCA unrl thfi
ever-watcnrul Interest of Investments
combined to again deprive these states
" ct its eauitable and encouraeine in-
nuences. - , ; ,
Furtive efforts were made to resume
this regalia In the republics of Venice
and Milano; it was asserted by Philip
1 le Bel and enforced .by Henry II of
- France; and again lost in the contest
of 1576. In England, it was repeatedly
. asserted by the Tudor sovereigns," up
' held in the mint, money, case of-1604
and surrendered by .the act of 1666;
which practically deprived the people
or an power .over monay -ana con-.
verted the state mints into manufac
tories, conducted at. the public expense
v for the benefit pf . favored individuals
and banks. '.. iVJ"'.- ;
Owing to the military and naval en
terprises of Great" Britain, whose re
-turn nf -Xnnni1fsts onmmnroa' and
witaKSre taiseiy; credited to the
system oi .i6ourit,iHJaaeen : copied by
'every prominent state? of Tdpdiw4
America; and with such applause from
the designing and approval of the igno-t
rant, that- what the most eminent ju-
' rists have declared to "be . essential to
the integrity of the state, have i becomd
subjects of indifference and even of
contumely and jest. But-nature will
ever have its revenge. To declare that
to be money, which is only metal; to
declare that to be a unit, which is only
a fraction; doe : not and can not make
it so. It may take years for the conse
quences of false theory, and legislation
to break out into social disease, but
break out it must and. will, at last. -
It is to the credit and glory, of Mex;
ico that, alone among modern states',
she has had the courage to resume the
supreme regalia called money. - It will
be still more to her credit " if she suc
ceeds in preserving it in its initial
purity; a task infinitely harder than
, to assume it. Let her ever preserve
. the examples of history on thi3 sub
ject. They are infinite in number and
full of instruction. Let the arguments
of reason and patriotism, the dicta of
jurisconsultsthe admonitions of sci
ence on this subject, be always witfcin
reach of the people: The monetary
-issues of a state form an abstruse
mechanism which it is only the privi
lege of skill to fully comprehend; yet
, which is all-important in its bearing
uponthe common welfare. Let Mexico,
who has taken the lead in resuming
this supernal regalia become an ex
emplar of its beneficent working!
I am, with great respect, your obe-
-dient servant,
ALEXANDER DEL MAR,
Of the U. S. Monetary Commission
of 1876. '
That Denver Anarchy
. The most disgraceful thing about the
compromise mada by the two old par
ties that resulted in seating Adams
as governor of Colorado was allowing
two , corporations to each appoint a
judge of the supreme court. These
judges were named by Peabody and
will not take their seats until after he
is out of office. Such action is" anar
chistic and it is in, defiance of all pre
cedents and all law. The make-up of
the Colorado supreme court is now
such as that it can not command the
respect of anyone. Having come into
the possession of their seat3 in defi
ance of law, what man can have any
respect for their opinions concerning
the law? Had. there been public own
ership of the city utilities, none of this
anarchy would have occurred, and it
will last just as long as the private
ownership of those utilities last. Just
as long as there are public utility cor
porations in Denver making millions
by overcharges for public services,
there will be money used to buy votes
and corrupt the courts. There is only
one way to bring law and order there
and it is the populist way. The peo
ple will come to it in the not distant
future. .. .
Returning to Wild Cat Monev
The fundamental Drinciole which
populists have always maintained con
cernins - money iu that each dollar
SBowfltJrapi as every other dol
lar. A gocdoTfarihat
. . , ..I
will pay a debt whether the creditor
wants to take it or not. A. dollar that
will not pay a debt under, any and all
circumstances is not as good as one
that will. The republican party wants
to flood the country with dollars that
will not pay a debt if the creditor, ob-
jects. The republican proposition is
unsound and dangerous. There should
be but one kind of money a debt-
praying money. , ' " '
. All the tendency of the . legislation
and proposed legislation of the repub
lican party concerning money during
the last ten years has been to produce
money that is not sound and good.
While they went out with the cry that
every dollar must be as good as every
other dollar, they were proposing leg
islation that would produces exactly the
opposite result The effect of all their
legislation; instead of ; giving us one
kind '"'of- money, has been to give us
nine kinds. Among it all there is just
one Ll that will pay any debt, and
all the other eight kinds are not that
good. The further effect is to pro-i
duce ; the same condition that existed
in the wild cat money reign in this
country. The present proposed legis
lation Tircongress i3 all of ; that char
acter.
. To Nebraska Populists
The . people's paTty of Nebraska has
always been strictly honorable in all
its financial transactions; One time at
the end of an unsuccessful campaign
it . found , itself, in ' debt $2,700. i When
the facts were ; made - known through
The Independent,": the members of the
party sent in that large sum of money
and paid the bill..- During the last na
tional campaign, the resources "of the
party were handled with the very clos"
est economy, and under the accurate
accounting of Charles Q. De France,
re very cent was accounted for. The
party at large owes nearly a' thou
sand dollars for work actually done
and material used. The Independent
is sure that the populists of Nebraska
will be willing to pay' that bill al
though no one outside the state sends
in a dollar. "
More than half of the circulation of
The Independent is outside the state
of Nebraska and much of the work of
the" national committee and material
printed was sent to other states. In
fact fully nine-tenths of 4t was for the
benefit of other states than Nebraska,
but Nebraska populists will keep the
honor of the party unsullied. If any
body else wants to assist their contri
butions will be gratefully accepted.
The following appreciatory note of
the position The Independent has
taken in regard to socialism is from
Judge A. H. Livingston, one of the
leading lawyers of the state of Mis
souri: "Hon. T. H. Tibbies, Dear Sir:
I desire to thank you for your master
ful editorial of last week on socialism
It was timely ana much needed. The
leaders of that party have done much
to sow the evil seeds of socialism
among our people. . Your editorial
ought to be givea the widest circula
tion." ,
The Panama Canal
The tran3-coitinental railroads will
have nothing to fear from the Panama
canal during this generation. Lately
some very suspicious hints have been
given concerning the practicability of
building a canal at all across the isth
mus at Panama. The latest informa
tion given out is that , four different
plans are under consideration, varying
from a sea level canal to one with
locks at 90 feet.
The 90-foot level canal would cost
$200,000,000 and take about ten years
to complete; the 60-foot level canal
would cost ? 225,000,000, and it could be
opened for traffic in ten years and com
pleted In twelve years; the- 30-foot
level canal, which would cost $250,000,
000, could be opened for traffic in
twelve years and completed in fifteen
years; while the sea-level canal would
cost $300,000,000, could be opened for
traffic in fifteen years, but would take
IT1
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Populism Everywhere
The next time that the State His
torical society holds a pop meeting it
should publish a notice so that the
people can understand what is going to
be done. The addresses given at the
state university last week by Lawyer
Wheedon and Judge Gaslin were reve
lations to that audience, only a few of
whom were populists. Mr. Wheedon
showed from the records how the leg
islatures of Nebraska have created an
illegal debt of over two ' millions and
a quarter, through perjury; and the
debt must be paid by increased taxa
tion. These politicians committed per
jury when, after swearing to support
and defend the state constitution which
limits the debt to $100,000, they have
swelled it by extravagant and unnec
essary appropriations to twenty times
that amount. The Interest on thatl
debt now costs the People $100,000 a
year." - Judge Gaslin declared that $100,
000 a year more was appropriated than
was necessary for the support of the
judiciary. He called it the "judicial
graft." In these days one can not
anywhere without running up against
populism, but The Independent did
e x i Set" f v ti g i . ,it a t a meeting of
State Historical society, iTblZtrrfpt
Furna3 in, the thair. But- populism
seems to be laying around over this
state at the present time about four
feet deep.; :;
, ! r Typical Mullet Head
There are a few subscribers to The
Independent who are so ignorant of
populist principl-s that - they think
that this paper should never print any
thing but one side of the case. That
sort of an idea has been driven into
the heaas of the people by the contin
ual practice of the; plutocratic press.
The Independent will print any article
couched in respectable English, where
the writer thinks he has anything to
say that will benefit the world. It will
print articles attacking populist prin
ciples just as freely as articles sus
taining them, if they are written in
good faith. It has always been an
open forum for. the people and always
will be as long as the present editor
controls its columns. If a man is an
admirer of the political course of W.
J. Bryan, his. article i3 printed " just the
same as the one who denounces Bryan.
If the socialist writes an article it is
given space, the single taxers are al
lowed to exploit their philosophy, the
democrat has his say and the'republi
can often avails himself of the privi
lege. The man who wants to stop his
paper because somebody disagrees
with him, is too small a creature to
be taken Into consideration. The only
way a man can form a just judgment
i3 to hear all sides of the case. The
man who don't want to hear anything
but one side, is hardly fit for citizen
ship. He is the typical mullet head
everybody a hearing, The Independent
has grown from a little county paper
to one of national circulation, and it
wiU contTnue that policy.
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