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About The Conservative (Nebraska City, Neb.) 1898-1902 | View Entire Issue (Sept. 28, 1899)
VOL. II. NEBRASKA CITY , NEB. , THURSDAY , SEPTEMBER 28 , 1899. NO. 12. . } (
OFFICES : OVERLAND THEATRE BLOCK.
, T. STERLING MORTON , EDITOU.
A JOURNAL DEVOTED TO THE DISCUSSION
OF POLITICAL , ECONOMIC AND SOCIOLOGICAL
CIRCULATION THIS WEEK 6,680 COPIES.
TERMS OF SUBSCRIPTION.
One dollar and a half per year , in advance ,
postpaid , to any part of the United States or
Canada. Remittances made payable to The
Morton Printing Company.
Address , TUB CONSERVATIVE , Nebraska
City , Neb.
Advertising Rates made known upon appli
Entered at the postoflice at Nebraska City ,
Neb. , as Second Class matter , July 20th , 1808.
A PKOPIIETIC joined
LETTISH , from a letter writ
ten November 8th ,
1896 , by a very practical and highly
esteemed friend of THE CONSERVATIVE
and is reproduced because it has been
largely verified by events.
November 8 , 1896.
MY DEAR MORTON :
| j " Economists and statesmen are fond of
calling gold a commodity and looking
, , , for higher prices
with the increase of
metallic money ; but to niy mind the oppo
site is the fact. We cannot eat gold or
dress our children with it. It remains
what it is , the most persistent beggar for
investment. It can only draw interest ,
is only a tool. It buys laud nnd pays
labor in the farthest corners of the earth.
It opens up the primeval forests and the
bowels of the earth , builds new machin
ery and pays for new inventions in-
creasps production of everything ( except
children ) and cheapens every produo
tiou , food , comfort or luxury ( except
man ) .
In the desert of Sahara you might
give a bag of gold for a dish of ham and
eggs , but in the garden of Paradise they
I would pave the streets with it.
Your friend P. D. might serve for
illustration of how gold and its func
tions cheapen commodities. Who has ,
more than he , raised the value of the
hog and cheapened the rasher of bacon
at'the same time ? I could wish for a
fairy to strike him 80 years younger ,
with a fancy for putting a bakery along
side each of his pork and beef shops.
Don't you think he could .pay more for
wheat in the sheaf and sell bread at
least at the London price , besides paying
good wages to bakers , who occasionally
fail in business on their own hook ( un
less they were more useful for "shoe
makers , " as Noisy Morris would say ) .
It is only when you haven't the right
stuff to put up that you pay 100 per
cenc per annum
So the Cheapening . , .
. 011 th ° St ° ck eX'
change. The gold
was not swallowed up. It is only while
there is too little gold in that particular
ly remote locality that Jews and Chris
tians got three per cent per month from
cattle farmers , who would tax banks to
Silver could advance values temporarily
arily by arresting ; progress aiid increas
ing the cost of production. But the
same would happen teLroorarily if the
anarchists should kill P..JJ. , Vanderbilt ,
Rockefeller , Havemeye : : and others.
Under less production values of com
modities would rise aud the value of
labor decline. Then like the French
revolution had to kill Robespierre when
things went too far , our anarchists
would hang Altgeld and Herr Most with
a few senators in the same tree because
children were crying for food.
I don't know why I write all this , but
it is possibly because I am started on
this mental process through reading
some of the late election rot about
bimetallism and Bryan's promise to con
tinue the struggle. This silver idiocy is
a sad responsibility of the republican
leaders themselves and perhaps it is the
best thing that could happen , that they
have to cure the mental disease aud thus
convince themselves of their error.
They have duped others , as they were
Sherman should know pretty well if
it , had been possible to convert all our
bonds into four per cents if wo had nor ,
previously dropped the silver dollar , aud
the great bankers of Europe , who in
those days talked owlishly about bi
metallism , knew a thiug or two when
they contracted these loans in gold at
the same time as they tried their -best to
get a fair price for the silver which the
great banks of Germany aud France
were loaded down with. When the
dear public could take no more silver ,
the United States might , bo educated up
to paying a good price for it , and did
bite the hook to the tunegf live hundred
millions. Meantime the fading repub
lican statesmen got rich and so did the
silver senators and the homo and foreign
stockholders in the Colorado mines.
There is a pertinent -
among the French people which THE
CONSERVATIVE dusts up and burnishes
for the instruction of all the stump
speakers now swarming in the United
States. It is : "A wise man thinks
before he speaks. But a fool speaks
and then thinks and talks of what ho
has boon saying. "
The world i s
pretty well pep
pered with Smiths in trade. There are
goldsmiths , silversmiths , locksmiths ,
blacksmiths and John Smiths without
number. But Nebraska has a word-
smith. He is an attorney-general , and
to distinguish himself from the black
smiths and John Smiths he writes his
patronymic Smyth ! This word-smith
has recently attacked The Standard Oil
Company with words. This Smyth
fuses words into great gobs of gush and
slings them at trusts with a fervor and
z < al similar to that whinh animated
David in his duel with Goliah.
Smyth should read Isaac Walton who
"Words are men's daughters ; but
God's sons are things. "
"Words are wise men's counters , but
they are the money of fools , " saith
DEMOCRACY. day and generation -
tion was con
sidered a marvel in the art of logical
thought. Ho was strong in his power
of analysis. Ho never compiled a
dictionary though he evolved some fair
ly accurate definitions Among them
THE CONSERVATIVE finds that of "democ
racy. " ' /
Aristotle says : "Democracy is an
aristocracy of orators , sometimes inter
rupted by the monarchy of a single
Whether Cockran or Bryan is to
"interrupt" and nssume the month
monarchy of the United States will not
be determined until after a single com
bat in phrase hurling has been umpired
by a trust conference and an award
made to the victor ,
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