The Nebraska Independent
OCTOBER 4, 1906
FROM CHICAGO TO NEW YORK IN 1 0 HOURS. FARE $10
Last week I told the readers of The
Nebraska Independent about the new
air line railroad which was going to
be built from Chicago to New York
and also about my trip to Chicago and
its results. When I wrote that letter
I told you construction of the new
road would begin September 1. I
have just returned from an extended
trip to Chicago and along the line of
the new road through Northern In
diana and Ohio. Work Degan on Sep
tember 1 as per schedule, and is now
being pushed at a rapid rate. I visited
the camps along the new road and
everything is going along like clock
work and every one is enthusiastic
and the country is alive with interest.
So I say to you now, not that we
are GOING to build a railroad, but
that' we ARE BUILDING a railroad,
and the contractor for the construc
tion work told me when I left LaPorte,
Ind., that they would be running trains
into Chicago in less than one year." I
put it at eighteen months in my last
letter; he puts it at one year. I stated
then that as soon as the first trains
were started on the first section , of
the road that all stock issued would
immediately be at par. I now repeat
that there is not power enough in
Wall Street to keep it below $100 per
share, when our first section begins
operation, for reasons which I stated.
This road is being built as no rail
road in the United States was ever
before built, by popular subscription,
and without any preferred stock or
any bonds and will be owned by the
stockholders when completed, and free
from debt and as a result all net earn
ings will go to the stockholders the
people. Consequently this road will
not be obliged to charge excessive
rates to pay dividends, and WILL BE
where it can, and WILL greatly re
duce present rates. Think what it
will mean to the country to have the
, best trunk line railroad between Chi
cago and New York ACTUALLY
OWNED BY THE PEOPLE not gov
ernment ownership, but the next best
thing, POPULAR OWNERSHIP.
Long before this road is finished a
similar one will be begun from Chicago
to Omaha and five years hence we will
be running our crops and live stock
to Chicago and New York for one-half
what we now pay. Electricity is the
coming motive power and the first
through trunk line of that kind will
simply be swamped with business. To
shorten the time of transit alone would
bring the business and what will it
not do when rates are also reduced
one half?
The stock to build the first 100 miles
of the new road will be sold at a
price to average not less than $40 per
share and over 70 per cent of the $25
stock has been sold and as the price
will be raised when the other 30 per
cent or less is sold, those who desire
to purchase the $25 stock must ACT
PROMPTLY. This is simply telling
the facts and not intended to try to
SCARE anyone into buying stock. All
stock Is of the par value of $100 per
share and all receivable by the road
at its par value, as soon as the road
or any part thereof is in operation,
and as this first 100 miles will be run
ning in less than eighteen months, the
stock you pay $25 for ' now will be
worth $100 THEN. As we have no
use for the money except to build
the road with, we are making it easy
for you to take stock and pay for it,
one-tenth each month. Of course you
can pay in full if you wish, but the
price is all the same. Long before
you have made your tenth payment,
others will be paying $50 for what
you are getting for $25.
You ask, how can that be possible?
Simple enough. The hard part of
every enterprise is getting started, and
the hard part of this was to raise the
first million dollars. Hence our very
liberal offer of $25 stock and the pub
lie's liberal response has exceeded our
most sanguine expectations.
In response to my first ad in one
of our weekly papers, one farmer sub
scribed for 100 shares, another for 50
and others for less amounts, none less
than 10 shares. Business and profes
sional men of every calling are tak
ing stock in this enterprise and they
ALL believe in it. Do you? If so,
send order at once and you will get
back my official receipt by return mail.
Send money order or bank draft on
Omaha or Chicago, but do not send
personal checks.
Information gladly furnished on ap
plication. Address all letters and
make all drafts payable to me at my
Lincoln office. Be careful to write
your address and signature plainly to
avoid delay and mistakes.
W. F. PORTER, Fiscal Agent for
Chicago, New York Electrical Air Line
R. R., 141 South 12th St., Room 12,
Lincoln, Neb.
Summary of News
(Continued)
consequently the bribery indictments
against him may not hold.
New York prisoner confesses that
he killed- and cut up the body of the
man whose remains were found Sun
day night, and that the victim was
his brother.
Alleged agents of Venezuelan revol
utionists are indicted in New York
on a counterfeiting charge.
Evangelist who denounces Bloom
ington, 111., as city of sin and scores
city officers for permitting law break
ing, is summoned before the grand
jury to tell of law breaking and im
morality. Comptroller Ridgely, in an address
to the meeting of the Pennsylvania
Bankers Association In Philadelphia,
declares that the directors of a bank
are finally responsible when failure
comes and that the blame cannot be
Shifted to the examiner.
Paul O. Stensland is assigned to
cell 22 in the Joliet, 111., penitentiary,
and is put to work in the broom de
partment. Inspection of the meat tanks in the
Schwarzchild & Sulzberger Company's
Chicago plant that were "tagged" by
Food Inspector Murray discloses 260
pounds of meat unfit for use.
Empire state enters upon a fierce
campaign, with Hearst vs. Hughes as
the issue, and a big political shake
up is certain to result from the re
alignment. New York newspapers assail Hearst
and his Tammany allies in a bitter
chorus of denunciation of the work of
the Buffalo convention.
Miss Jane Addams tells the League
of American Municipalities that the
affairs of the modern city are so com
plex that woman suffrage is essential
to the normal development of the mu
nicipality. Secretary Moseley of the interstate
commerce commission expresses the
opinion that railroads in Central
Freight Association and Eastern
Trunk Line territory will voluntarily
eliminate the 20 per cent penalty
clause from the official classification
regulations.
Action in the federal courts seeking
to have set aside the reinsurance of
the Chicago Life Insurance Company
in the Federal Life, following a suit
for $250,000 damage, is threatened.
Secretary Shaw orders $26,000,000
deposited in national banks to relieve
the stringency in the money market;
Situation unique in the history of
nations is presented in the relations
of Cuba to the United States and Sec
rotary Taft finds it necessary to es
tablish precedents.' American govern
ment disclaims responsibility for dam
ages Incurred by Cuba before or after
the occupation.
Several hundred marines are land
ed in Cuba, it having been reported
that trouble has broken out between
the insurgents and the rural guards.
The war department hastens the
mobilization of troops which will com
pose the first expeditionary force to
Cuba, and it is expected soldiers will
be landed at Havana Saturday. Prep
arations are made for a long occupa
tion. Two battalions of infantry and one
battery of artillery now at Fort Sher
idan are ordered to Cuba.
Three young men eat limburger
cheese on a wager in Johnsburg, 111.,
one dies and the others are made
seriously ill.
Mobile is rapidly recovering from
the effects of the recent storm and
business is being rapidly resumed.
President Roosevelt will face the
most strenuous work of his presiden
tial career when he returns to Wash
ington. Cuba's troubles may provoke
another bitter contest in congress.
The- bitter feeling between Senator
Bailey and hi3 foes is Increasing as
the result of recent meetings held in
Texas.
Commissioner Warner, In his annual
report, shows a net decrease in the
pension rolls during the last fiscal
year of 12,470, due chiefly to death.
Attorney General Moody orders
suits brought against a number of
railroad companies charged with vio
lating the safety appliance law.
Speaker Cannon and Congressmmen
Tawney and McKinley expected to
meet in Chicago today to decide
whether western headquarters for the
republican campaign shall be opened.
Bishop Potter of New York, in a
sermon at Lagrange, calls the build
ing up of castes or "sets" in society
in the great American cities "undem
ocratic, uncharitable and unchristian."
Sixteen baloons start from Paris In
the first competition , for the Gordon
Bennett international cup. More than
a million spectators view the spectacle.
PATENTS that PROTET.T,
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I Ou
S.& A. B.LACEY, Washington. D. C. Estab. 1869,
I69.
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Guarantee for 5 years
Direct from the Factory to Consumer
House paint in gallon cans, gal $1.15
Barn paint in gallon cans. gal.... 58
6 cents less in 5 gallon kits.
Wagon & Implement paint, gal 1.15
Carriage paint, per qt 45
White lead, per 100 lbs 6.50
Ten pounds white lead and 3 qts.Lln
seed oil will make a gallon ol the very
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English Venetian red ground In oil per
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Oxide red ground in oil. per gallon. .... .60
One gallon colors ground in oil and
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Strictly pure boiled Unseed oil, gal 35
Strictly pure raw linseed oil, gal 84
Less than a barrel extra charge for cans,
5 gal. can 35c, 10 gal. can 50c.
Dry paints, brushes and varnishes at
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C. H. BAUER Mfg,Co.
Corner 3rd and O Sta.
Lincoln, Nebraska, Box 826.
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LINCOLN'S GREATEST DEPARTMENT STORE.
Bell Phone 593
LINCOLN, NEB.
Automatic 3281