'Che Conservative.
The populists
RAILROAD
RIGHTS. and fnsionists of
Nebraska aud the
Northwest deny the right of railroads to
issue stock as evidence of enhanced
value. But the right of the state to
raise the valuation of railroad property
for the purposes of taxation nobody
denies. Thus the state in view of
increased passenger and freight traffic
which may have accrued to a railroad
because of an increased population hav
ing become tributary to each mile of its
line may assess a railroad eight thous
and dollars a mile today which in 1879
was valued at only four thousand dollars
lars a mile. The railroad is worth more
now than it was then. But its owners
have no right to issue any tangible
evidence of its enhancement , nor to
demand dividends thereupon. For the
owners to attempt it is to water their
stock , we are told by fusionists and
populists.
But the farmer who mortgages a farm
for five thousand , which cost him four
hundred , and gets prices for his products
which will enable him to pay the inter
est on five thousand dollars , which is
more than twelve times the original
cost , does a perfectly proper and legiti
mate bit of finance. Ho has not watered
the valuation of his real estate. It is
possible that the proximity to a railroad
has really raised the value of his land.
And this being true have not the tillage
and product of the laud reciprocated by
really raising the value of the railroad
aud the stock representing it ? And if
the farmer may innocently aud without
wrong to anyone place on the market
negotiable mortgages which in amount
are ten times as much as he paid for the
laud , gat the money for them and pay
interest thereon , why may not his coworker -
worker his distributor also properly
and legally and justly have something
to show for the Better value of his rail
road ?
Laud along a line of railroad which
has risen from a donated homestead to a
market value of fifty dollars an acre
may have been watered equally as
much or more as the stock and
bonds of the railroad which put up the
price of the land. The farmers and the
railroads are interdependent. They
ought to be and will be sooner or later
fast friends.
THE CONSERVATIVE
D. E. THOMPSON.
TIVE has never
been politically , personally nor in a
business way associated with Mr. D. E.
Thompson. But it has heard and
learned enough of his ability as a man
and manager to affirm that he is able ,
fearless and effective in whatever enter
prise he may undertake. There is no
doubt as to his having been potent in
the election of an anti-populist legis
lature during the campaign of 1808. He
is one of the few leaders of republican
ism in Nebraska who works for his
party all the year round and who can
forecast the effect of elections , their
defeats and triumphs with considerable
accuracy. It has come to THE CONSER
VATIVE that Mr. Thompson , as an advo
cate of the single gold standard , seem
ingly realizes the national importance
of the Nebraska election next November
and that he is endeavoring to innoou-
late his copartisans with vigor and vigi
lance. At the present writing there is
no sign of his succeeding. But an
awakening may come at last , just as at
last , the Nebraska troops were brought
home.
COIN HARVEY.
gtushed monetary
sophist who delights in depicting the
despotism of money and the imperialism
of combined capital still lingers in
Nebraska. The exhortations of Mr.
Harvey are all for cash money with
which to carry on a campaign for the
debasement of the currency of the
United States. He denounces money
and its evil influences in one sentence
and begs for more money and its in
fluence in the next. If with the present
number of millions of dollars in circu
lation the money power is indeed a
menace what will the money power do
when the number of millions of dollars
now in circulation has been doubled ,
trebled ? If money is an evil and a
jeopardy to the republic what will it be
when its volume has been quadrupled ?
Will the money-getters of today be
paralyzed and cease their avaricious
efforts and their acquisitive endeavors
when money shall have been made more
plentiful by the free coinage of silver
at sixteen to one ?
What is the matter in Nebraska that
Coin Harvey lingereth aud exhorteth so
long ?
OUESTIONS has asked
RENEWED.TIVE
time and again ,
what good has come to Nebraska , what
good has come to the republic , from the
denunciatory eloquence of Bryanarchy ?
What county in Nebraska can find
within its borders new capital , new
manufacturing plants , new farms which
have been resultant of the lamentations
of Allen , Bill Dech or Bryan over the
alleged oppression of the plain people by
plutocracy ?
Has that everlasting lie , that farming
in Nebraska cannot pay , helped enhance
lands in this state ? Have the constant
ly rising values of farms in Nebraska
been instituted and accelerated by the
deplorable conditions of their owners as
depicted by these tearful guardians of
the plain people ? Has declaring , by
Allen and Bryan , that railroads were rob
bing and other corporations oppressing
the farmers of Nebraska , caused farms
to rise ten and twenty dollars an acre
during the last two years ? What good
has come of depreciating farms and the
condition of farmers either in Nebras
ka or elsewhere ? Is the American repub
lic made better and grander by calumny
and vituperation ?
THEUE IS NO DEMOCRACY.
Government by the people , that is ,
government which , in its legislative ,
executive and judicial departments , is
made up of men selected by a free and
uncorrupted democracy , to represent
equality , justice and fraternity has
ceased to exist in France and is sick
almost unto death even in the United
States.
' 'Representative government is Justice
organized , Reason in living action and
Morality armed. "
Has such government a foothold in
the Philippines ? Does it prevail any
where in the West Indies ? Is it domi
nating , directing and upbuilding the
institutions of this country as they were
planned and founded by our revolution
ary sires ?
Where is there evidence of a living ,
free and uncorrupted democracy any
where on the globe outside of Switzer
land ?
Col. William
IN 1890.
Jennings Bryan in
one of his most eloquent and irresistible
orations , during the calamity campaign
for the presidency , with wrathful vehe
mence declared :
"The promulgation of the gold stand
ard is an attack upon your homes and
firesides and you have as much right to
resist it as to resist an army marching to
take your children captive and burn thereof
roof over your head. " i
The gold standard has been promul
gated for years. It has been estab
lished more than a quarter of a century
right here in the United States.
It has "attacked your homes" with
columns of figures showing their en
hanced value.
It has brightened and cheered your
farm firesides with luxuries in musical
instruments and with choicest literature
from all over the world.
You have bought gold with the prod
ucts of your industry. With that gold
you have been able to buy anywhere on
earth all the products of other industry
offered for sale.
The gold standard holds "captive" for
your children the markets of the world.
Whatever you sell of Nebraska produc
tion must be good enough for any mar
ket on the globe. And the money which
you buy with what you sell must be
also current in all markets ; and that
money is gold.
"Every day makes it more evident"
to the Philadelphia Record ( dem. ) "that
the democratic party cannot be rallied
in undivided support of the anti-expan
sion policy. "
