The independent. (Lincoln, Neb.) 1902-1907, December 21, 1905, Page PAGE 7, Image 7

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    PAGS 7
DECEMBER 21, 1905
IN HALLS OF CONGRESS
COCKRAN DENOUNCES THE IN
SURANCE CONSPIRATORS
Calls Them Gamblers "and Expresses
Astonishment That They Are Per
mittcd to Remain at the Head of
The Great Mutual Companies
The, house participated in, or lis
tened to, a lively debate on the pos
sibilities of controlling insurance.
The big address came when Mr.
officials of the New York insurance
companies and the( methods that have
come to light during the recent inves
tigations. , '
Hits Nail on the Head
He : declared that the system by
which a trust fund of $1,250,000,000
has been accumulated by the three
big companies and.: is controlled by
men who have no personal interest in
the fund while the real beneficiaries
are not allowed to say a word re
garding them, must be uprooted en
tirely. .
He declared there is no necessity
of paying a man $150,000 a year to
run an insurance company, unless it
is for the purpose of getting a man
who can swindle the policyholders.
4 He said that it was most deplorable
that the insurance officials, after mak
ing their confessions before the in
vestigating committee, should be al
lowed to return to their offices. He
asserted that it is impossible in - this
country to send a man with $10,
000,000 to Jail. . " .
Many Gambling Deals
Mr. Cockran stated that the in
'nurahee comoanies encase in- thou
sands : of - successful gambling deals,
all of which are kept secret. r
He then' referred to the manner in
Which the three big companies have
reorganized as an example of the
fact that a man with insurance ex
perience is not necessary to run an
insurance company. J
Tift - rldiftulfid thft idea that Rvan
of the Equitable would invest $2,-
500.000 in stock that would return
him only $3,500 a year from purely
DhilanthroDic motives. Instead, he
showed that Mr. Ryan had appointed
as a vigilant committee to take care
of his stock, three men who previous
ly knew nothing whatever about in
surance.
Relative to the presidency of Paul
Morton, he declared that individual
was unable to command a salary of
more than $25,000 or $30,000 a year,
before he was selected for his" pres-
Is very often acquired,
though ncncrdly inherited.
Dad hygicno, foal cir, impure
-tlJ int. ?i Jf
Li is qzxlzi "ui3 sou ior
allowed to remain tubcrcu
Ioj or consumption b
pretty euro to tclio root.
Mocd'oSarsapcriila
ttcmovo every fcreca of
ccrcfuha Get Hood's.
For tetthsdx!i of remark1 curt a
fttn4 lor Cock on ScrofvlJ, No. I.
C I llssi Co., LowA
it was in the hands of a board of
trustees, who had themselves been
ent $90,000 position. And he, too,
had no insurance experience.
Relative to the Mutual, he declared
either active agents of insurance
frauds on privy to them.
He closed -by declaring "Rocke
feller's fortune is a monument to
crime, and he does not deny it."
Senate Passes Canal Bill
The senate passed the Panama
canal emergency appropriation bill
Set speeches were made by Mr.
Bacon in advocacy of his amendment
reuiring estimates for canal commis
sion salaries; by Mr. Allison who de
voted himself largely to the details
of the bill; by Mr. Culberson, who
criticised the employment of Mr.
Bishop as a "press agent;" by Mr.
Stone, who criticised, the purchase of
American ships to carry Panama sup
plies in face of the announced deter
mination to go abroad for vessels un
der the conditions existing and by
Mr. Newlands, who expressed the
opinion that the construction of the
canal should have been entrusted to
the gulf survey.
A substitute for Mr. Bacon's amend
ment offered by Mr. Hale was ac
cepted. It specifically requires that
congress shall be supplied with regu
lar estimates of all salaries except
those paid to laborers, skilled and
unskilled. Otherwise the bill was
passed as reported from committee.
During the day Mr. Hale made the
authorized announcement that Mr.
Bishop's duties ; as "press agent
would be dispensed with.
Senate Committees
The enate committees were an
nounced today. The following are
the chairmen of the important com
mittees: . ' ' ' . - '
, , Appropriations, Allison ; finance,
Aldrich i foreign relations. Cullom ;
judiciary, Clark (Wyo.;) commerce,
Frye; interstate commerce, Elklns;
orivileees and elections. Burrows :
agriculture, Proctor; military affairs,
Warren; naval affairs, Hale; Indian
affairs. ClaDo: territories. Beveridge;
public ' lands, Hansbrough; public
buildings and grounds, Scott; post
offices and post roads, Penrose; pen
sions. McCumber: Philippines. Lodge;
inter-oceanic canals. Millard; rules,
Soooner: claims. Fulton; District of
Columbia, Gallinger; education and
labor, Dolliver; Cuban relations, Burn
ham; Pacific islands and Porto Rico,
Fqraker; immigation, Dillingham;
printing. Piatt.
The members of the" interstate
commerce committee are: Elkins,
chairman: Cullom. Aldrich, Kean, Do!
liver, Foraker, Clapp, Crane, Tillman,
McLaurin, Carmack, Foster and isew
lands.
Washington Notes
Among the bills introduced in the
house were the following:
By Representative Mondell (Wyo.)
providing for the appropriation of not
more than $20,000 annually from the
sales of' public lands to the endow
ment of state schools of mines and
mining or departments of mines and
mining in connection with colleges
already established.
By Representative Lacey, (la.) pro
viding for the protectionof fish, birds
and game in sections of forest re
serves designed by the president.
By Representative Parker, (N. J.)
to create a national park commission
to take place of various commissions
now In control of military parks,
tiro a bill restoring the sale of malt
beverages and light wines lo soldiers
on army transports and in post ex
changes under regulations prescribed
by the secretary of war.
By J!ii-ntaUv Clark. (Mo.)
placing twine on the freo list, also
reducing the duty on agricultural Uxv
PkuienU So per cent; ptovl.ilng that
the secretary of agriculture and the
uccrHiuy of toiutm m and la'or re
jetlvtly shall be next In lino of
presidential succession after the vice
When WrUtnj to Advertisers.
president; removing 50 per cent of
the duty from salt, barbed and woven
wire, logs or sawed timber and wood
pulp.
By Delegate Andrews, (N. M.) pro
viding for the admission of the ter
ritory of New Mexico as a single
state.
By Representative Perkins, (N. Y.)
a bill taking the duty off coal and lum
ber and placing wood pulp on the free
list. "
DOWN MUNICIPAL OWNERSHIP
How Will of Chicago Voters Has
1 Been, Nullfled
The organs of special Interest and
entrenched monopoly are pointing to
the complications In Chicago over the
municipal ownership of the street
railways as an argument against the
adoption of the referendum system.
The falsehood and shrewd deception
and malice displayed by these cor
poration advocates should be ex
posed. ','
The people of Chicago In the mu
nicipal ownership contest have . not
used the complete referendum system
at all, but the advisory referendum
the best that could be procured In
1901, and through which the people
have been able to directly voice their
sentiments against private monopoly.
In this way, combined with the pledg
ing of candidates to obey the will of
the people when expressed by refer
erendum vote, they have prevented
the extension of franchises for pri
vate monopoly and at the same time
have educated public opinion ' as to
the value of referendum voting, which
is bringing about the adoption of the
complete referendum system.
. Five years ago the advisory system
was the best that could be procured
and it was installed through the care
ful management of a - small group
of patriots, there being practically no
objection In the legislature. From
that inconspicuous beginning the mu
nicipal ownership issue was raised in
Chicago and three referendum votes
have strongly favored the system.-Today
the frightened monopolists and
their subservient editors are endeav
oring to make the people believe that
all the referendum systems are fail
ures because some of the Chicago al
dermen are voting to .submit to the
people a proposed contract for an
extension of the street railway fran
chises. Deception is the monopo
list's stock in trade.
Backward Backbone
Pat The throuble wid Dungan is
he has no backbone.
Mike Faith, he has backb&ne
enough if he'd only bring it to the
front. Boston Transcript.
Hesuf!
art
I!.
W calm
The action of the heart de
pends upon the heart nerves
and muscles. When from any,
cause they become weak or ex
hausted, and fail to furnish
sufficient power, the heart flut
ters, palpitates, skips beats;
and in its effort to keep up its
work, causes pain and distress,
such as smothering spells,
short breath, fainting, pain
around heart, arm -and shoul
ders. The circulation is im
peded, and the entire system
suffers from lack of nourish-,
ment.
Dr. Miles' Heart Cure makes
a heart strong and vigorous by
strengthening these nerves and
muscles. , f.
"I had palpitation and pain around
my heart, and the doctors said It was
Incurable. I don't believe it now, for
after taking- six bottle of,. Dr. Miles'
Heart Cure, three bottles of the Nervine
and three boxes of the Nerve and
Liver Pills I am entirely cured, and
feel better than I have for five years,
and it Is all due to these remedies, I
want you to know that your medicines
cured me. It relieved me from the
first dose, and I kept right on till the
pain in my chest was gone, and I kept
on feeling better even after I quit
taking it' JOHN II. SHERMAN,
, Belding, Mich.
Dr. Miles' tfsart Cure Is sold by
your druggist, who will guarantee that
the first bottle will benefit. If It falls
he will refund your money.
Miles Medical Co., Elkhart Ind
Good-Profit-Sharing Enterprise
The United States consul " at Vic
toria, B. C, reports a scheme of
profit-sharing, conducted by the Brit
ish company operating the street rail
ways and lighting plants in that sec
tion, which is working well. After,
paying 4 per cent on the stock the
balance of net earnings is divided
Into three parts, two of which go to
the stockholders and one to em
ployes, of more than a year's stand
ing in equal amounts to eacha track
greaser receiving as much as goes
to the general manager of the com
pany In London. In 1903, the first
year of trial, a sum equaling $25 per
employe was divided; the next year
$35, and for this year the division,
which has just been made, amounts
to $40. ,
mute
tit .Vh
JlOiJIliJll
:ut:
The tiw nhowt th lirrn warhotits and
o(Ko f Acxlfrach Un. of MinaeatMtlis, nns of
tti oiJMl mad sow Mily one of ths larrt eo
rirn ia lbs world dalin in Kara and J I idea.
Uany of our raira Imva liUla i -m 4 the
raauitsd of thia firn'a baio. Thalroira
tiuaa ettoiKt all cvr th worl i. At thay buy
direct from trapiwraand throHsinal pndu
ear and nult tr actual maoofaclurrr, thy
am la a ikmUumi t put tha lnbat market
friea at all timaa. Now whn y"i ran do imiU
nat dlrNt with a firm life AQirH Urn
attend (of aiU or UiAt cmt aklaa f ua btf to
meats Mtntlort THE INDEPENDENT
.-J
malt W daUr for little or notlnnt, writa U
Aoi rtch Hrua. They hate a valuable bm.k call
ed "The HunUrV aud Iraititers1 tiuide" which
tt:aU about Kui ud JUJ, h..w to IiatMlie
and prepare Uiom for inartct. This book coats
aroral tlnmand dollar to rfrara. it anaia
op the practical knwled ami irleoee of
the ant iwn lmnIri ffara nr oior tt tin
Amortcait r'ur Tra l-ra. Tlaf will iwd aerf
if thia aatlr tk fr tl U ani rWtif tti
papr who it likely t-i daal wtih tham. Writ
Inlay for Hldaor 'u ptiem ltt,at. Adlrt
A4mh Uroa . Lv tCj , MioaaapvUa, Uias,