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About The Conservative (Nebraska City, Neb.) 1898-1902 | View Entire Issue (Oct. 6, 1898)
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VOL. i. NEBRASKA CITY , NEB. , THURSDAY , OCTOBER 6 , 1898. NO. 13.
PUJITjTSHKl ) WBKKIiY.
OFFICES : OVERLAND THEATRE BLOCK.
.T. STERLING MORTON , EDITOR.
A JOtrUNATj DEVOTED TO THK DISCUSSION
OF POLITICAL , KCONOM1C AND SOCIOLOGICAL
TERMS OF SUBSCRIPTION.
One dollar and a half per year , in advances
postpaid , to any part of the United Statfs or
Canada. Remittances made payable to The
Morton Printing Company.
Address , THK CONSERVATIVE , Nebraska
City , Neb.
Advertising Rates made known upon appli
Entered at the postofflco at Nebraska City ,
Neb. , as Second Class mutter , July 20th , 1898.
KUCTORS.men who would
risk traveling on a
railroad train drawn by an engine in
charge of a blind engineer and a blind
fireman. There are few lovers of music
who would entrust the conduct of an
orchestra to a deaf and dumb leader.
But a railroad train managed by the
blind and an orchestra led by a deaf
man would be as safe and successful as
a financial system founded by the fa
natics of free silver at sixteen to one.
Only those who can see may manage
engines and run railroads. Only those
who can hear and speak may conduct
orchestras. Only those who have
learned by diligent study and experience
that the circulation of a country must
be pure and sound as an essential prece
dent to national health and prosperity
may be permitted to prescribe laws rela
tive to money.
, No man who dreams and talks in his
sleep , to the effect that law is the sole
creator of money and that law can evoke
value from nothingness , should be
elected to any legislative body in
No man who has not thought enough
and read enough to know that in all its
civilised career the race has never suc
cessfully used for money anything
which did not have value as a commod
ity before it became money is fit to help
make laws in this country.
Too many blind men , too many deaf
men have been running the law-making
business and leading the industrial
music of the United States.
Only men of merit whoso eyes have
carefully reviewed history and econom
ics ought to be elected legislators. And
all those deaf to the voices of the past
which recite the woes of fiat finance
from Franco to Mississippi should bo
excluded from the lists of law givers.
TIVK 01M KCTH.n ° w ° ° m m ° U l ?
preached by pop
ulism that all corporate capital is a
menace to individual rights is a vicious
theory and without foundation in fact.
Corporate capital is essential to the
material development of the Republic.
Corporate capital is the dynamo whence
came the forces that pioneered with the
steam engine and the steel rails the
prairies of Iowa from the Mississippi to
the Missouri. Individually the right to
cross that state from river to river in a
wagon remained to each American citi
zen. It still remains. Those who hate
capital and railways can take the
When THE CONSERVATIVE began life
in Nebraska in the year 1854 it was
more than three hundred miles to a
locomotive. Corporate capital had not
then assaulted the wildneruess nor
smitten with its wicked wand the deso
lation and solitude of the prairies.
Then the individual right to cross
Iowa from. Council Bluffs to Davenport
in a stage coach and to pay twenty-one
dollars for the privilege of sitting bolt
upright , three on a seat , three days and
three nights , was open to all free men.
Corporate capital had built no railroads ,
no Pullman sleepers , no dining cars ,
and a dollar a meal at stage stations
was the privilege of the poor.
How long will Western men of sense
and substance be fooled into fighting
capital ? How long shall mouthy men
project themselves into official life by
denouncing the benefactions and up-
buildings which corporate capital
evolves ? How long before the people
will with THE CONSERVATIVE object to
the fomentations against capital which
agitators and fanatics and rogues re
joice in ? _
' , , .
fare hums with humanity which is busy
every day hurrying thither and hither
to make money. The men of Wall
street are anxious to have the men of
the West farmers on the banks of the
Missouri , and manufacturers on the
banks of the Mississippi make fortunes.
There is no street in the world where
altruism is so strong. The bankers ,
brokers and speculators ore all smart
enough to know that they can make no
gainful trades with paupers , for paupers.
They comprehend fully that railroads
must have crops to carry or declare no
dividends. They realize completely
that fanners must have a surplus of
cereab , cattle and hogs in order to fur
nish railroads any freight to carry to '
Eastern consumers. And so Wall street , ,
which deals in credits and money , is always - >
ways solicitous for an all-pervading
prosperity. Wall street is from sheer
selfishness broadly and intensely al
truistic. ' "
John P. Irish of
° N A 1
California > nfc the
Convention , in reply to the advocates of
silver who have a habit of referring to
Jefferson and Jackson as champions of
a double standard df value , said :
"Mr. Williams , who advocates the
silver standard , has just said that the
gold standard has not been defended
here at all. If this be so , it is because the
gold standard , like Massachusetts , needs
"During the day I have heard many
times , from the advocates of a statutory
ratio of 16 to 1 between the metals , and
from those who stand for a government
issue of fiat paper currency , frequent
reference to Jefferson and Jackson.
This rose to an impassioned height in
the address of Mr. Weller , of Iowa ,
whose purely sentimental activity in
affairs has for years excited my admir- '
ation. As these gentlemen who favor
the silver standard and those who de
mand fiat paper are so fond of refreshing - A
ing these issues at the fountain which is
affluent with the wisdom of Jefferson " * *
and Jackson they will be glad to get r
more of it. Jefferson said that the ratio
between gold and silver is a commercial
problem entirely , not to be controlled by
statute and that our standard of value
must be the same as that of the nations ,
with which we have the greatest com
merce , that we may not be at a disad
vantage in trade and exchange. His
idea of fiat paper currency is best ex
pressed in an opinion which he endorsed
to John Adams that it is to be re
gretted that governments ever stamped
on coins anything but their weight and
fineness , but that having stamped on
them a nominal value to change the
actual value is to rob the people , but
that a government issue of paper money
is to steal directly from the people.
"Jackson said that gold is the univer
sal and only honest standard of value.
"General Warner has contended here
that we must raise prices by lowering
the standard. Gold being the universal
and only honest standard , the seller will
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