12 TILE OMAHA DAILY BEE : SUNDAY , SEPTEMBER 19 , 1SSG.----TWELVE PAGES. CAPITAL AND MONOPOLY , A Ducnesion of Economic Subjects la a Capitalist a Monopolist ? THE DEFINITION OF CAPITAL. Tor tlio Production of AVenltli Tlirco Tlit ii s Arc NccossnrjIintul ! , Imhor , Capital Whnt llurd Times. [ Writhn for the Omnhn Snndny lice. ] Brown a practical volition ! economist Smith- theoretical political econo mist. Urown fto Smith ) I liavo read the arti cles on political economy that have ap peared in tlio Omaha p.ipers , but I must say that I liavo never matlo clear in my mfnd tlio distinction between a capitalist and a monopolist. Smith I am glad you stop to think a moment when ; ; 'r/n < Iing articles on economic subjects. Writers on political economy arc apt to bo dogmatic and bin MH | , and imprcM on thereader's mind a distorte- ! idea of tlio industrial rela tions of men. Tuts great fault of writers is the confusion ami misuse of the terms capital , wealth , monopoly , labor. Eco- iiomlcs must he discussed impartially. You must not nrguo from thu side of labor , or from the standpoint of capital. The subject must bo approached gradually - ally , and must bo analyzed step by step as a problem in geometry. I Jrown 1 have so often heard the asser tion that every capitalist is a monopolist , and therefore an enemy of labor. Will you explain the subject to mo as you un derstand it ? SmltnItoforo answering you 1 want to define dearly what I mean when I speak to .YOU : ib nit wealths then \vc can pass on to the other topics without a confusion of terms. In economic language , wealth is any of tlio material products of nature which has been developed by the l borof men for tlio uses of man. In simp' ° 'an- guagc , wealth is iron , coal , copper , sil ver , gold , wheat , corn , wool , cotton , etc. , etc. , which have been got at by the labor of men and fashioned tor the uses ot man. _ Ton notice in this dclinition that labor is one of the necessary components of wealth ; that is , a raw product of na ture undeveloped b.v tlio Inhorof man is not wealth in an economic sense. Coal , iron and gold in the bowels of the earth nro not wealth. To bo wealtii those metals must bo brought out of the earth by labor lor the use of man. We arc apt to speak of air as free to everybody. Air is as much a material product of nature ns iron , coal or wheat. Under ordinary conditions air is not wealth , but when ait- is pumped into the caissons of tliu now Union L'ucilic bridge , or when air is pumped lo divers in the sea , under these conditions air is wealth , because it is ncloduponby the labor of men for tin- use of man. Now that you understand what is wealth , let me explain capital. In common talk , capital is associated with dollars and cents. Tfi'to conception is too narrow ; money is only.n.small part of capital. In short , capita } is saved wealth devoted to reproduction , i. c. , to the creation of more wealth. For a sim ple example , Jones , a farmer , lias ton bushels of wheat , uh'eh constitute his wealth. Suppose ho eats nine bushels during the winter , saving tlio remaining bushel for sowing in the spring. This one bushel constitutes his capital , irom which at harvest lie will get a return in wheat greater than his outlay. Suppose his crop amounts to twenty bushels , that is. the world is richer by nineteen bushels of wheat , and Jones is a capitalist , since ho can do what ho. wishes with his wheat , which now forms his wealth. So you sco wealth is the general term and embraces capital , capital being only a part of wealth that part which is saved and devoted - voted to the reproduction of more wealth. You notice , furthermore , that forthopro- duction of wealth three things are neces sary , (1) ( ) land , (3) ( ) labor , ( ! J ) capital. Take away any one of thcso components and the production of wealth is impossible. Land , labor and capital -absolutely " " dependent upon each other. "It is not labor alone that creates wealth , as the labor orator will tell you. For tliu laborer must bo clothed and fed from some pre viously existing store of wealth during the time ho is helping to create new wealth. It is not capital alonn that will produce wealth , for both labor and capi tal depend on land. It is not land alone that constitutes wealth , as Henry George tolls you , although iland > is the most im portant factor in economies. Wealth fs produced by the combination of land , labor and capital. Urown 1 understand your definition of wealth. Smith Very well , lot us ire hack totho example of Farmer Jones who - , , 3-011 re member , planted ono bushel of wheat and at harvest got a return of twenty bushels. Ho. you'll admit , had brought now wealth into tlio world. Let us sup pose that this same Jones the next year. Instead of planting ono aero , cultivated one thousand acres , planted hundreds of bushels of who.it , employed an army of laborers , The increase of Jones' re sources allowed him to produce wealth in the shape pf wheat to much greater proportion than formerly. Now , yon will admit that ho is a capitalist , controlling millions of bushels of wheat , whereas , formerly you might deny that ho was a capitalist when ho only hail twenty bushels under his control. You see the cases are identical , differing only in numerical value. Brown Then you call that man a cap- itnlibt who controls and directs wealth. How does the capitalist diflbr from llio monopolist who also controls wealth ? Smith The dillnnmcu botwcon tlio two is so slight that we are led to confuse the ono with the ot ior. J can best illustrate the diirorenco between tlio capitalist and monopolist by keeping in mind tlio ox- aniplo of Farmer Jones. You agreed with mo that Farmer Jones was a capi talist when lie controlled a million bushels of wheat. Now , lot us make him a mo nopolist. Wo can do it in two ways. Give 1-anner Jones the exclusive right of raising wheat in his state ; give Farmer Jones u market tor his wheat to the ex clusion of all moiupotltlon , and ho is a monopolist. Brown You are Imagining an improb able case. Now , Farmer Jonna may neither have the o.Voluslvo right of rais ing wheat nor a protected market , and still he will be a monopolist. He will bo a monopolist if ho can raise wheat cheaper than his competitors , and if ho can undersoil them In thoopon market. Smith In this conception of a monop olist you are very much In error. Farmer Jones Is not a monopolist ; ho Is a benefactor - factor , since ho is able to furnish to the consumer of wheat food moro cheaply than his competitors in open market. Jlu is trtto friend to the laborer , who pays less for the naccsaiirios ot lite and can BiKUid more of his earnings for luxuries. It mu t bo plain to you that to undersoil competitors Farmer Jones must bo able , to mine wheat moro cheaply. How does lie .accomplish this ? Not by underpaid labor. Ho brings this about by using improved machinery , by employing com petent labor , by application of business principles , by economy , Brown lie is a monopolist because ho compels his neighbor farmers tu stop raising wheat , since they cannot com pete with him , and ho drives them from their farms in consequence. Smith Again you are wrong. Farmer Jones shows thai his improved methods of wheat-raising are superior to lus neighbors' * lie is an example for them to follow. You cannot cry monopolist where competition Is free and whore new methods and new machinery continually supplant the old. In all branches of in dustry the cheapening process is going on. While it may bo trno that during the interval of change and adaptation from old methods to now , hardship may exist among the operatives , .llio world In gen eral is a permanent gainer. When a shoemaker Sn Lynn can , by the applica tion of improved machinery , make three pairs of shoes a day , which twenty years ago took n week , fifty years ago three weeks , and a hundred years ago three months , the shoemaker of to-day is a benefactor to the human race , for he Ins- sens the price of shoes , and ho himself is benefited , Rliieo he need work but a few hours to accomplish that which formerly orcMipli'd him as many days. According to vour views this Lynn shoemaker , who can make three pairs of shoes a day , is a monopolist , because ho has driven out of employment the old-fashlncd shoemaker of a century back. Brown Hive mo , then , your example of n monopolist. Smith lake the illustration of our Omaha Street Hallway eomraiiy. As long ns this corporation * .performs its duties as n common caVi'Ior , tho'Cbirtpany represents the capitalist. When it re strains the fable Line company , which promises to furnish superior service , on the plea that the Street Kail way company lias Jie exclusive right of way through the streets , then the btreet Hallway com pany is a monopolist. Yon know that the Street Railway company has brought an injunction against the Cable Line com pany , claiming that the street-car busi ness will bo injured. In my mind that argument is untenable. Suppose Mar shall Field & Co. , of Chicago , would rent all the stores about S. I' . Morse & O . , do you suppose that the court would grant Mr. Moi > o an injunction restrain ing Marshall Field from underselling him In tlio dry goods business ? Whether Mr. Morse's business is injured or not. whether ho could compete with Marshall Field or not , is his own concern , lie who can give the public the best crvieo at the least expense will command the market , In short , where free competition is possi ble , you will find the healthy growth of wealth. Thus you see in our midst wo have money , largo corporations and rich men , who give tlio best service possible at the least cost. For other men to com pete with thorn without giving better ser vice at the same cost , or giving tlio same service at a less cost , is impossible. So in u certain sense tlicso corporations and rich men have certain industries under their control. Wo are apt to eall thorn monopolists , but they do not deserve the name. A monopolist is protected from competition. You notice how easily we confuse the capitalistaud the monopolist. Brown There is another phase to the subject which 1 would like to have ex plained. Why would it not bo butter for the general welfare if Mr. Kotmt/.o's wealth , for instance , instead of being concentrated in his control , v/as distrib uted among a large nujubor of men ? Wo will say Mr. ICountze has wealth to the amount of $3,000,000 , would not the world bo better oil' if tl is money was dis tributed among 1,000 men ? Could not .ho economic forces of the world be managed to better advantage ? Would not men bo happier , and would not an equality in riches be established ? " Is not Mr. Kountxc , then , a monopolist in that lie appropriates for his own uses the wealth which many claim belongs to thq. people ? Smith For the sake of falling in with your ar 'umt'iit , suppose Mr. Koimtzc has distributed his $ ' { ,000.000 among l.OOJ men , promiscuously chosen ; that would irivo eaeli man : ? ; 5.003 quite a , fortune. How long-do you suppose that money would remain intact in the proportion distributed ? Not live minutes. Ono man would gamble his money away , another would invest it in real estate , a third would build a houso-a fourth go jnto business , a lifth put it in the bank , a .sixth would hide it. In a thousand and one combinations that § 3,000,000 would change hands. At the end of the year you would find ono man who had busi ness energy the absorber of nine-tenths of that money distributed by Mr. Koimtze. You told me the other day that side , by side to you in the Union * Pacijic shops there worked a man who by judicious in vestment had amassed the sum of . ' ? 25I000 ; ' while opposite to you there stood a mat/u / already gray in tlio service , who receives a good salary , but who lives up to his \n--e \ como. Give this spendthrift ten times' his wages , and the result would bo the same. The individual is responsible for his economic worth. Capital concentrates itself ; it Hews in and out of a common reservoir. The capitalist stands in the same relation to the mass of men as the general in an army stands to his soldiers. The general of an armyplans and directs an attack ; tlio c..pitalistfplaiisanddjrocts the production of wealth. ' ' ' Brown Why should the mass of men bo subordinate to ono man's power ? Are wo not all free and equal , and is it not n system of slavery wnero one man , the capitalist I will no longer say monopo list is placed with such autocratic power over the mass of men ? Smith In whatever system of society you may exist , you will iind some men leaders and other men followers. In the ideal socialistic society , which the found ers of socialism dreamt of establishing , men arc divided into companies like sol diers , according to their capabilities. Over such companies of workmen overseers - seers are appointed. Thus , tha overseer is to take the place of the capitalist simply a change of name. There is no such thing as a social or an intellectual equal ity. All endeavors to put men on the same dead level is to quarrel with na ture. Government can only guarantee equality before the law , civil and relig ious freedom , There arp no two men alike in this world. Each of us has in ono way or another an advantage over his neighbor. It is 'i personal care for every man to find out In what work ho ' excels. The world is made up'of pro ducers and consumers , but the producer and the consumer unite in the same per son. If I am a shoemaker and supply you with shoes , you are n tailor and sup ply mo with clothes In exchange for inv shoos. For mo .to make clothes when I know only how to make shoes is a waste of economic force. It Is therefore cheaper for mo to make shoos ami exchange with you. In this way every man is dependent upon another. In tlio complex relation of society we are all dovetailed in the work of contributing to each other's sup port. In this economic work the capital ist has his place. Ho is the steward of wealth. His capital , whether directly in vested by himself or indirectly .by bor rowers , is devoted in a thousand ways to the reproduction of wealth , and in the new wealth the laborer and capitalist and middleman show in proportion to their respective interests. The laborer receives his wages for his manual or mental labor. The amount governing his wago.s depends on (1) ( ) the standard of living of label * . (3) ( ) tlio demand and sup ply of labor The middleman , who bor rowed capital from the capitalist , must receive eomponsation for ( i ) his risk , ( " } for his buslnos sagacity. (3) ( ) for his mental and manual labor , The capitalist re ceives interest for the risk of lending his wealth to the middleman , Thu amount of Interest which the capitalist receives is proportional to the demand and supply of capital. These are the laws that govern the distribution of wealth. Brown-Most you say may bo true enough , but how will yoir explain the fact that the rich are getting richer and the poor are getting poorer. Hlch corpora tions and capitalists seek out profitable investments , while the poor workman must toit and slave just the samo. Sm'ih I refute wholly the charge that the rich aiv pitting richer and the poor : uv get'lng pjoror. Individual examples where poor men , by their abilities , have become wealthy are numberless right In our own city. But , you will sa\ ' , these men nro the exceptions to the mass of tolling workmen , If you will examine statistics you will sco that the necessary commodities of life , food and clothing , become cheaper , owing to improved ma chinery , while the rate of wages continu ally advances. Again , the standard of living in all grades of society lends up ward as civilization and material wealth go forward. The wealth of the Van- dcrbilts. the Goulds and Asters keeps pace with the growing wealth of a now and rich country. To protect their inter ests in the competition of other corpora tions , the Goulds and Vaudcrbjlts must keep on developing and building rail roads , thus contributing to the growing wealtfi of the country , as well as adding to their own resources. Capitalists do not hoard their wealth. The problem for the workingman is the advancement of his homo surroundings. The workman , to be healthy and contented , must under stand hygienic laws What ho eats , what ho drinks , what are his amusements , what kind of a house ho lives in , are the questions as important to the work man as the economic question of hours of labor and wages. Social and economic problems are closely related. Browti Is it legitimate for a Vanderbilt - bilt to control a great system of railroads from Omaha to Now Yorfc city is that not a monopoly ? Smith What objection is there to a consolidation of railroads into one sys tem and management when bettor ser vice is secured ? Since 1871) ) consolidation into great railroad systems has been the rule. The result has boon beneficial , since quicker and cheaper transportation has been gained , owing to economy of mair.igcmcnt under a single control. Brown Hut are not capitalists respon sible for hard times ? Do they not with draw their capital when workinginon are most in need of work ? Do not capitalists cause discontent , anarchy and misery of the laboring classes at certain periods of business depression , for their own gain ? Smith Tlio periods which you call hard times are periods for the cause of which it Is dillieult to assign a definite explanation. Wo feel the results and are prone to assign a local causu as the dis turbing element in business. To say that a Gould or a Vanderbilt is directly re sponsible for business depression is a statement far from the truth. Business depressions occur at certain intervals of about ten or twelve yeara , and extend over the whole commercial world. In a period of hard times wo are apt to say that times are hard because money is scarce and work is scarce ; or that it is a IH'riod of over-production , as if such a thing were possible. Politicians clamor for a larger issue of greenbacks , as if by jiving the people moro counters the dilll- eulty could bo overcome. The blame is also laid to capitalists , who are accused of withdrawing investments and of stop ping the extension of railroads and other improvements. Wo see the results of [ jusiness depression and lay the blame on thorn. What are tlio real facts ? Depres sion is caused b.v a lack of conliilonce in tlio commercial world , the in-caking down pf credit , the rush of everybody to save himself irom ruin as tlio result from over-trading and speculation.'e \ \ must cjo back to times ol prosperity lor the rcmis of depression. For instance , what caused the panic of 1873 , which was world-wide in its influence ? The seeds of that panic were planted in 1S71-1S , in time of great commercial and industrial ac tivity. You would hardly think that the franco-Prussian war and the French in- lemnity of OOO.OCO.OOO francs to Prussia would eventually a fleet the condition of business of the United States. But , as events proved , the commercial world was seriously affected , so closely arc all coun tries bound to each other in trade. Ger many , at the close of the war in the winter ol 1872 , had all her expenses paid and a large surplus of money seeking in vestment. Germany made demands on England for iron , for cotton and for woolen manufactures , while her own in dustries were put into activity ; for Ger many , at the close of the war , repaired lior military losses , built new lines of fortifications , extended her railroads , paid her losses and war debts , and aided private enterpriscsi with the money of the French indemnity. The demand for English goods improved the English market , and England made demands on the United States for raw cotton and lirendstull's. The European demand re vived the American agricultural interests of the west and south. The railroads became active in transporting the agri cultural products to tlio eastern sea board. With the activity of the railroads , the iron industry , which had been de pressed since 1800 , was imbued with now life , and other industrial interests fol lowed in the awakening. Money was cheap in London and was socking invest ments. The rapid payment of thoFrencli indemnity to Germany , and the repay ment of war loans which Germany ne gotiated in London , put into tlio money market immense sums. The most attrac tive form of securities then in the Lon don market were American railway bonds , which advanced very rapidly and found a ready market. The United States received pay for tlicso railroad securities in railroad iron principally. From those causes , namely , activity in transporting agricultural products from the west to the east a.ml the easy sale of railroad bonds , the building of now lines was pushed through the west. This was the time when the Northern Pacific was projected , Business in all branches assumed n prosperous and buoyant feel ing. But while there were legitimate de mands for now railroads , it did not take many months before railroad building was pushed beyond the actual demands , and very soon not only railroad building , but railroad stock investments became highly bulled and speculative. In Germany many , in Austria and in England specu lation turned to that industry in each country which offered the largest returns to capital. The crisis came lirst m Vienna , where speculation was at its highest ; in a few dtiys a panic occurred in Berlin ; it spread to London , and In Doeombpr , 1873 , the shock fell on Now York , and in two days spread all over the United States , with thu full of the banking house of Jay Cooke & Co. , the projectors of the Northern Pacific. The panic in Mio United States was ascribed to Various causes , such as ex cessive railroad speculation , tlio fluctua tion of a depreciated paper currency , the reaction from the abnormal war period. All of those causes acted moro or loss in intensifying the panic. With the fall of the banking houses in New York , loans were withdrawn , credit vas annihilated , confidence was shaken , all industries and trades wore paralyzed. Capitalist and laborer alike Jolt the blow. Revival of business dragged for six years. It was not until 18711 that business confidence was once moro restored by the rolurn to specie payment. Wo refer to-day to the boom of 1830-81-83 , when blessed with bountiful harvests and with extraordinary largo exports of breadstuffs - stuffs abroad , our iron and other indus tries and railroad building were onoo moro pushed forward with vigor. After 1883 business did not suffer the sudden revulsion of 1873 , but a gradual chill settled over industries , which is now again displaced by renewed confidence and activity. We can say to-day that wo are on the upward move of commercial life and prosperity. Industries all through the United States are running with full force. Railroad building again shows its former rapid progress. In Omaha and other western cities , real estate for the past year or two has offered an attractive form for investment. . You see how eagerly capital rushes in to gain tlio ad vantage of the rise in vnluo of land. But it Is simply a matter of time when from a healthy demand for real estate , arising from Increased population and the estab lishing of new industries , real estate will Lccomo n species of speculation as dan- porous as stocks. Then n revulsion will probably follow , failures in commercial enterprises , a withdrawal of capital from investments , and it will bounccrtain , and hard times will bo the cry. Then will follow , most probably , a slow recovery , then n quickened activity as conlideneois once more restored , then speculation , ami finally crash. The cycle from one revulsion to another completes its round in about n do/.i'n years. I have gone into an explanation of the rise and decline of business interests in order to give you n prantleal illustration , showing how closely all men , capitalist and laborer , nro bound up in the creation of wealth I have endeavored to provo to you that no one man , or class of men , nro directly responsible for revulsions. In the race for greater gain it is human nature to strain every nerve , and a panic conn's when the tension is cai rind too far. The economic world is forever readjust ing its forces ; it is never at a standstill. The objective point aimed at by all im proved machinery , by improved meth ods and improved transportation , is the cheapening of onmmodities bv lessoning the labor necessary to bring them to the consumer. To accomplish this , as little friction ns possible otlghl to exist be tween tlio capitalist and the laborer. CHAULKS Si-ANKoui ) Ei.urrnu. : AFRICA'S RICHEST MAN. The Worltl'H Orcntt'Ht Slave unit Ivory Dealer on Ills \ VnytuunJImr. . The wealthiest man in Central Africa , says the New York Sun , is now on his way to tlio Indian Ocean , in response tea a letter from the Sultan of Zanzibar , re questing n visit from him. His name is Tippu Tib , and ho lives not far from Nyangwo , tlio great trading point of mai'V black tribes on the Upper Congo. Headers of African books of travel have heard a great deal of Tippu Tib , and as recent years have greatly increased his power and wealth we are likely to hear much of him. Tippu Tib is only forty-live years old , as black as coal , and of negroid blood , which means that ho comes of an admix ture of the coast tribes of east Africa , and has also ; > very little Arab blood in his veins. Ho has boon in central Africa for twenty-five years , and is to-day the great est slave and iyorv trader In 'tho world. Ho has outstripped all his competitors through sheer force of intellect and strength of character. A3 long ago as the time when Cameron introduced him to our notice ho visited Nyangwo and told the bullying Arab traders there that if they did not leave certain native allies of his alone it would be the worse for them. They los no _ time in pledging eternal peace with Tippu Tib and all his friends. Cameron says Tippu Tib was the great est dandy ho over saw among the traders af Africa , and that , although of negro blood , ho was a thorough Arab in man ners and ideas. All his white visitors speak of the elegance ot his Arab attire and his courtly and alfablo bearing. Stanley says that at his first meeting with Tippu Tib ho regarded him as the most remarkable man ho had mot among tlio Arabs , Wa Swahili and half-castes of Africa. Lieutenant Van Golo , of the Congo state , who met Tippu Tib in Janu ary last , says he was surprised by the ox- Lent of his information on European topios. Ho was familiar with events oc curring m Europe , and was particularly interested in the English , Germans and Belgians. "Tho questions ho asked me , " says Van Gclo , "showed that he is neither an ignorant man nor ono of ordinary inind. " Ho said lie intended some dav to go to Europe , visit the king ol the Bel gians , and also spend some time in Con stantinople. In Tippu Tib's homesouth ot Nyangwc , ameron says that large gangs of slaves walking about in chains mot 'his eye at every turn. They were leading easy lives , were well fed , and < ho saw no acts of cruelty there. All had ncnu victims , however , of the crying wrongs that are still decimating the simple savages of Africa. Iliey had been snrprised in their peaceful homes by the suddtiu onslaught of Tippu Tib's ruthless Isoldicr slaves , who had burned their huts , -killed their friends and dragged them oil' into cap tivity. Tippu Tib is the imo.st noted representative of those men who are to day inflicting more suffering1 upon their fellow creatures than any other human boinesthe professional slave traders of Africa. Few of Tippu Tib's slaves overreach roach the. Indian Ocean. [ They are sold among the humorous tribes on the way to the sea. Long caravans , however , richly laden with his ivory , are , often dis patched to the coast. It v/as Tippu Tib who helped St-mley start down the Congo from Nyangwo , the point where both Livingstone and Cameron were defeated in tlioir efforts to follow the river further. For some weeks Stanlev's little party was augmented by over 2-0) ) of Tippu Tib's men. Twenty very dark beauties from the great trader's harem accompanied him on this lirst trip down the Congo , whore ho is now in ab solute control of the river and adjoining territories for about 300 miles below Nyangwo. It was his slave-pen near Stanley Falls , in which 2,500 wretched captives were found two years ago when the agents of the International Associa tion reached that point. For many miles below these falls Stan ley was chased by largo lleets of canoes , and his party suncrcd severely from the lances and arrows of the most ferocious savages whom ho mot on the Congo , These natives are among the most peace able on the Congo now , and one good reason is that they have no weapons to fight with. They have all been disarmed by Tippu Tib for a distance ot about eighty miles along the river for daring to attack some of his men , Dr. Lon/ , the explorer , wrote from Stanley tails in March hint that between the falls and the Aruwimi river the natives were incapable of making any resistance. "Ono can rarelv find among thorn , " ho writes , "a limco or any other weapon except small knives. " Dr. Lena adds that "tho in- lluenco of the opulent Tippu 1'ib is far greater all through this region than that of the free Congo state , " Tippu Tib has thus far maintained very nmieabln relations with the whiles. Ho has invited missionaries to settle near bun and has promised them protection. ftcinnrknbte Marino ArilmnlH. Now York Sun : Somoof the most re markable stories of marine animals that anybody ever read are among those that are telegraphed to the Evening Post oc casionally from distant parts of the world. Ono of those not long ago con cerned a ship which struck upon n rock off the coast of Patagonia wo think it was Patagonia and which it must inevi tably have sunk in half or three-quarters of a minute had not a lish of extraordi nary proportions been sucked into the enormous hole which the rooks had made , wedging it neatly , and enabling the ship to make the port of Valparaiso without dilllculty. The latest of the Post's stories , printed last evening , has it that the sea-sorpont has been in Placentia harbor in three sec tions just the number of sections that there wore in the Post's ctlitorial man- agflmont t one period and that ono of the sections 1ms peon harpooned and shot , and is now dead. The tiiird of the sea- serpent which has thus boon killed is "twenty foot long and live feet in diam eter , " and "in color it is nearly all black , with ono largo white stripe on each side. Its body was covered with a coat of fat resembling whale fat two and a half inches thick. The strangest thing about the creature Is its very largo teeth , which fit so closely when the jaws are shut that that scarcely any water penetrates through them. " The other two sections got away. Its seems reasonable to suppose that they will mourn their loss The Nebraska Clothing Company finds even their large store not roomy enough to accommodate their immense stock , and in some lines the surplus is extraordinarily large , so the qualities mentioned loelow must be reduced by about Oct. 1st , in order to make room for other goods constantly arriving. The are as follows : 120 all wool mens' cas- simere suits , at $6. 125 mens' suits , strictly all worsted , in black and brown , at $7 ; sold by other dealers for double the money. 250 dozen mens' all wool scarlet hose , 15c rcer pair. 150 dozen fancy dress shirts , including collars and cuffs , 35c each. 100 dozen mens' nice suspenders , 15cworth double the money. "We call special attention to our all wool Norfolk childrens' suitsfrom 5 to 12 years , at $2.95. Remembergoods are at strictly one price , and marked in plain figures , with , Oor. Douglas and 14th sts. , Omaha. OMAHA EXPOSITION ECHOES , A Eoview of the Art Department Evi dences of Cultured Taste. THE LININGER COLLECTION. Mrs. Spurr's Pottery Kvlilhlt Sonic Dewervlnf. ; items That \Vero ' , Overlooked in the Va rious KoportH. [ Written.forthe Oinufni Sunday lice. ] The center of interest at the exposition building , during the late fair , was the art department. The display of valuable pictures , statuary and article of vertu would have done creiiit to a much older place than Omaha , and the management was the subject of many congratulations for the enterprise shown in getting to gether such a varied and meritorious col lection of all the many quaint and beau tiful articles that come in the category of art. Tlio work of the homo artists was also the theme of much favorable com ment , and called forth expressions of sur prise from those who had no idea that Oiilaha possessed so much talent.and the fact that so many dainty and valuable articles , such as delicate china , rare an tiques and costly embroidery , have found their way into the local homes , shows that the love of the beautiful lias not been neglected , and tlio discrimination shown in the accumulation of these ob jects d'art speaks conclusively of cul tured taste. THi : UM.VGEU COLLECTION is ono that Omaha may feel gratified in having. The paintings anil statuary gave pleasure to hundreds. One of the favor ites was the line face of the old porter of the Pitti Polace , in Florence , painted by Adolph Uumini. Close by was the Cupid of Guido Reni , with a market value of live or six times the other , but which , without the name of n celebrated master and the cracks in the canvas , indicating antiquity , would bo passed by with a casual glance , where the face of Dnmiiii's porter would arrest and fascinate for hours. A wonderful ull'ect from light and shadow was the little painting of a pair of cnpids by Dotlmst , a Dutch artist. The ligurcs stood out in such bold relief as to give a perfect illusion of statuary. Ono of tlio chief attractions v/as the KXIII11IT OK I'OTTKUY by Mrs. A. C. Spurr , ofVisnor , a grad uate of the Cincinnati school ot art pot tery. Much of hoi worlc was a faithful representation of Hungarian , and gave ( tvideneo of great skill and patience. The design is c-irved in the clay and then fired , afterward trla/.ed and Hrod , then tinted and fired , and last , gilded mid lired. Ono beautilul jar was modeled with a rough olleet and ornamented on one side with acorns anil on the other with a trumpet vino. Another rich look ing vase was a potpourri jar with a Mikado decoration. Mrs. Spurr also showed some highly creditable work in oil , ono elaborate piece being a largo folding screen of four pieces , represent ing christening and marriage under the dircctoiro. VjUUOUS I'AINTINQS. The work of L. C. Karlo , a Chicago artist , evinced power and n confident swoop of his brush. His pieces were all very rough , but bfleotivo , perhaps the cleverest being the ono entitled , "iho Kml of the Chapter , " representing an old man absorbed in relleotions Inspired by the book tlmt lies open on his knee , Mr. EurJo claims that ho can paint n good lluouoss of a person in half a day. Ono of tholinest things in the way of detail was a portrait by Hoyd of M 1- wnukoo , who also exhibited a partially finished portrait of Mr. Liningor. F. P. Day , a local artist , exhibited some praiseworthy specimens of llcshos and other work. A painting that attracted considerable notice was the "Coming Home , " by-Mrs. F. U. Mmnaugh. A little peasant girl is unlatching the barn door , followed by her Hock of sheep , which are so natural that they might safely bo compared with the living originals. A handsome screen of lilacs. Hags and roses , was displayed by Miss Nellie llosowatcr , a pupil of MM. Mumaugh. . , Ono of the handsomest fruit pieces over exhibited is the bunch of California grapes bearing the hieroglyphics of H. Moulton. and loaned by Mrs. 8. T. Smith. The fruit shows vividly against a vandyke background , anil scorn almost to gleam with the rays of the sun where the light strikes thorn. Miss Brodt showed a handsome sconce in repousse , and clover specimens of her work in water color and oil. AMONG MANY DKSKKVINC ITEMS that escaped previous mention was a silk quilt made by Mrs.- Reese , aged eighty- eight years , the mother of Mrs. A. L ) . Jones. Miss Kugonia KxcoiHcr , of Chicago , gave the linest display of hand-mado laces and embroidery , and an interesting sight was the cocoons and law silk from Princeton , III. , b.v Miss K. E. Fay. ' Mi.-s Carrie O'Hricn showed an elab orate banner of double roses painted on moleskin , which excited niucli admira tion. tion.Mrs. Mrs. II. A. Cremer had a web-liko handkerchief of point lace among the line nei'ille worlc , and another marvel of paflonco was the piece of embroidery re sembling etching , marked 80 , the work of Miss Antoinette Lilllcoryn , a Russian lady.Mrs. Mrs. M. M. Wells displayed a beautiful cra/.y quilt , handsome in its combination of colors and finish. Miss E. E. Pouplcton had on exhibition a richly decorated silk quilt , in the inter est of the Child's hospital. Mrs. II. A. Smith did all that can bo accomplished with lustre in the peacock screen exhibited. Tlio china belonging to Miss Mcllona Rutterlield , of Hastings , was tlio subject of universal praise. A 5 o'clock tea set looked as if a shower of t'orget-me-iiots had dropped down on it. Among the noteworthy placques was ono of china jd no by a London artist and loaned by Mrs. .Bishop Clarkson. Mrs. General Crook contributed many valuable articles , two bluo-scave vases from the Paris exposition of 1808. and a porcelain placquo by Gaupro Gayoati , the only ono celebrated in America. Mrs. Dr. Dcniso exhibited a vase oj Guadaylahara ware , which arrested the attention of every ono for its beauty and rarity. It was of glass , decorate J with begonia leaves and blossqins , with a raised beady ell'ect , 'which" had boon blown in by some curious and unknown process. Among many luxurious articles was no ticed an eider-down laprobe from Russia , tlio property of Mrs. F. A. Ilaller , who also contributed , among other things , a Turkish Zouavo jacket and slippers of black satin , embroidered with gold. Mrs. Colpctzor showed some HnoJnp- anoso work and embroidery. The antiques exhibited were numerous and interesting. Mrs. General Hawkins loaned some spodo cliiua 1J50 years old ; Mrs.Lyman Richardsonan Indian hatchet found on Farnam street in 1874 , and a banjo of rattlesnake skin and mahogany. Mrs. Masters owns a largo and valua ble collection of antique's. A camel's- hair shawl , once the property of the last king of Delhi , is valued at ifl.OOO ; a Trinchinopolo locket is $100 ; sandal-wood objects and a Moradabol workbox Jitty- six years old were quaint , also a Delhi nnclxlaeo and a portrait of an ancient kin" of Syracuse. A black Maltose Lyons lace shawl was an object of interest to the ladies. Several of the younger generation deserve - servo mention for their courage in com peting among so many grown people. Mws Nannie JJriggs , a girl under tan year ? , has taken all the lirst pri/cs for the largest and best display of sowing for her ago. Last year she was equally KUC- cossful , carrying oil'iho honors at Lin coln as well. Edith Grenoll , daughter of thn lion. 1 ; . N. Grenoll , took the lir t pri/.o for a handsome skirt , and Miss May llur con- tributeil a handsome tea doyloy. I Vic Rosowalor got a premium of ? 0 on ' 'i'ho 'largest exhibitors of line china were Mrs. P. E , Her , Mrs. U. Gallagher , Mrs. Colpot/or. Mrs. Fred Davis , Mrs. W. II. Alexander. Mrs. General urook and Miss IJuttorliold. Mrs. J. S. Uriggs and hnr assistant , Miss Grace M. Pratt , were most valuable aids to the success of tha fair , and con tributed much to the general satisfaction by their ollbrts to maku things go oil . Tlio fact that Omaha contains so much that is artistic , curious , antique and val tmblo. would never Jiavo boon demon strated and scarcely credited had it not I I boon that the occasion stimulated people to bring out tlioir treasures collected in foreign travel or acquired by lineal de scent ! to contribute toward a display that speaks moro for the city than oven its rapid growth or boom In real estate , and attest * that in the scramble to amass ' monov and the rongh-and-tumblp race for precedence the liner instincts have not been smothered , and that art has as cer tain and sturdy growth on the Nebraska prairie lands as in the cultivated gardens ! of the cast. The name of iho local artists I is legion , and their work Is beyond am- I atcurlshness. It is to bo hoped that 1 modesty will not dotcr many who failed to contribute this year from adding to the exhibit of next your , and thus obtain fresh laurels for Omaha as an art centre. J M > VNIK HATH. MUSICAL EVENTS IN ENGLAND Promenade Concerts at Convent Garden A Surfeit of Light Opera. PATTI IDOLIZED IN WALES. Jlcr Grand Charity Concert She in Presented with a magnificent Portrait of-IIc'rseH1. LONDON , September 0. [ Correspond ence of the HKK ] Witli the return of , . " autumn comes a treat for lovers of music at popular prices in the revival of the "X * ' promenade concerts at Covcnt Garden , under the management of Freeman Thomas , and with Gwyllyam Crowe as director. An audience of 5,000 , enthusi astic music maniacs made a constantly . ( " " w moving mass in the arena , and the ever * \ circulating drinks from the liberally patronized bars added to the general ' * good humor and nxhilaration. , - , , The concert opened with tho'"Nationa ' ? Anthem , " given with grand effect. The a orchestra of 150 pieces , under Carrodus * $ } included several eminent soloists , and the j | band of the Coldstrcam Guards , in gor 38 geous uniforms , rendered yeoman scr- $ vice. / , The hit of the evening ( "was Gwyllyam . $ Crowe's now vocal waltz , r "LITTLE SAILOKS , " * * . sung by Stcadman's choir of boys and K girls in sailor costume. The music is 4 much in the strain of the same com- , " . poser's popular "See-Saw. " It met with , arousing reception , the cntird'aiu'lionce ' J' ' joining in the chorus. The Indies' In the boxes and stalls were presented with a 4 copy of "Little Sailors. " Ella Ilussoll , . * the American prima donna , is engaged , ] for live of the series , and won't she "pull > " ? 'cm in ? " k The indications point to a surfeit of LIGHT Ol'KltA this season , and many now productions will bo heard. The Comiquo will open with "Josephine. " A newly christened ; < comic opera infant. "Tho I1 airy Ring" . is under way at the Grand , with Susotlo J'cnn as the leading soprano. Sinclair Dunn , the "Scottish Sims Reeves , " is tlio principal tenor , Mr. Snazolli ) , C'arj Rosa a pugilistic baritone , is engaged for "La licrnaisc , " the now opera at the Prince's. I'ATTI 13 IJKINO ll > OU/.ii : > in Wales , not only for her matchless voice , but her persona ! fascinations and kindly heart. She has won the hearts of the Welsh people by appearing in iiherios of morning concerts for thoboiiolitof the Swansea hospital , which she aided ma terially , the usual crowded houses buing the rule , although the admission ranged from ( is to 1. Patti was mot at hnr hiilon carnage bv the mayor and other loading citizens , Who ollleially welcomed her to Swansea and paid tribute to her philan thropy , After being almost Inundated with llownrs , the diva was escorted through the streets under a canopy of Hugs , amid tlio ringing of church bells and the cheers of the I'litiro populace , who turned out on mass lo greet her , for , I\H \ the \Volsh \ people said , "Sho sings for nothing , look you , " and "Sho was , neighbor , now , look you. " TUB CO.VCKIIT commenced about half-past two. The prima donna was lovelier than ever In a gown of Iho peculiar green shade known as onu ile nil. draped with gli tiiin ) | not of the same lino. Diamonds blazed Irani bosom , arms and ears , around hnr neuk gleamed a pearl necklace , and on her corsage was the Russian order of mow , which Patti , among all women in tlio world , is the only emi privileged to wear , and u decoration of King Kaluknu. Moing recalled after Hokviru echo SOUK , . , ho sang "Coinin1 Thro' iho Ryo" with Biiuh distracting coquetry Unit ono of the dignitaries of the Welsh Calvinlbtio Meth odists was surprised out of his iiminl decorum and sateonvulscd with laughter , which ho vainly tried to concoiu by keepIng - Ing his hand over ono wyo , while with the other he watched the diva singing , "H a body kiss a body , need a body ory , " Patti and IJurns overcame austere Puri tanism , and the son of Shon Gorph molted into geniality. PaUl sang seven songs , ending with "Homo , Sweet Homo. " She was assisteil gratuitously byamim- > bor of artists who were her guests at at Craijr-v-Xos , including Uonetti , Tito Mattlo , U'ilholin ' ( Janz. iho great harpist , John Thomas and Nicolinl. After the concert the hospital committee iirericiited I'atli with a ? ) ,5)0 , ( ) portrait ol herself , painted bv Sant , and exhibited at the ' ( Royal Acsulemy.