Newspaper Page Text
THE WEALTH MAKERS. 3 THE ECONOMIC S1T0ATION (Continued from 1st page.) price less the cost of getting the staple there. Fifth. No staple farm products, a part of which are exported, can be protected by a tariff tax. Such protection is coun terfeitis green goods. It is not worth the paper the law it printed on. Tet it has phooied the farmer. Only goods that are produced within the limit ol home consumption can be protected by fining the importer for bringing in com peting good as high a per cent as the home producer desires to collect from the consuming public. Sixth. The American farmer who pro--duces staple farm products is in a world wide competition. He competes with the wheat grower of India, Russia, Argen tine, and other countries in which new fertile lands are opened, the most im proved machinery introduced, cheap English and other capital employed, and cheap if not so effective labor employed. The consequence is that the home price of his staples is reduced, much of the time, below cost of production. Nothing is left from sale of his staples to distribute ns rent, interest and profit. Often times a bare subsistence is eked out of what should be wages. But one half of the farmers of the U. S. are not so favorably situated as the one in the case supposed. One-half, and in localities more, of the farmers have a mortgage covering one-fourth to one-half of the commercial value of the farm; and two-thirds to three-fourths of its real arninff value, taking a period of ten years as a basis of estimation. These mortgages are drawing an average ol seven to eight per cent per annum and payable semi-annually. the effects of this mode of production and distribution on the farming class is best shown in the cennus reports. In 1860 the number of tenant farmers in the United States was only a few thous ands. The wealth of the country was not very uneauallv distributed. In 1870 there were hundreds of thous ands. In 1880 one million. In 1890 two millions. The process of expropriation reducing the independent laborers of the nation the yeomanry of the nation to the con dition of dependent laborers, as tenant farmers, is rapidly progressing. The government is the powerful factor in the redistribution ot wealtn. It is the policy of the party which con stitutes the government, and has consti' tuted it for a third of a century and which constitutes it today that is trans forming the class of independent laborers into a class of dependent laborers. We have seen that the manufacturing class, from the nature of their business, i. e.. the conditions and mode of produc tion, can combine in trusts, and are nei initted to do so by the government, and thereby limit the output and fix the prices beforehand so as to secure rent, interest and profit. 5v contrast, the farmer, from the very nature of his business cannot combine to effectively regulate the output of staple products. The output depends not merely on acreage, but on a score oi factors which he cannot control. He cannot control wind, rain, drought, hail, tornado, sunshine, frost, flood, cut worm, chinch bug, 'hoppers, diseases of animals and many other conditions which affect the output ot a crop. The manufacturer can fix the price of his product to secure surplus value. He has destroyed injurious competition. The farmer cannot fix the price of his product, because he cannot destroy com petition. The price of his product is fixed in the world's market. He is the competitor of the most favored produ cers of staple farm products on the planet. He cannot be protected so long as a part of his products is exported. The manufacturer has known this all the while; but the farmer has not. The manufacturer uttered the slogan in a political campaign. "Protection to home industries!" This sounded "patri otic." Farming is a home industry. To vote for "protection" then must be to vote "patriotic." "I am a patriot," said the farmer. Still, his patriotic vote don't stop the process of his expropriation and reduc tion to a wage slave, or a tenant farmer. If he complains at the loss of his home and the dispersion of his family at a tender age the manufacturer has a remedy. "Slop the production of staple farm products" he says. The practical meaning of this remedy in plain lauguage is this, If two million farmers will be polite enough, or patriotic enough to surrender their mortgaged farms, and leave their couutry for their country's good, or go hang themselves, the produc tion and consumption of staple farm products will be in equilibrium. If this equality ot production and consumption can be maintained by "statesmanship," production and consumption will be in stable equilibrium FACE THK FACTS. In spite of a tariff, McKinley high, we buy hundreds of millions of dollars worth of goods every year from foreign coun tries. International trade consists in the exchange of commodities. We swap goods. We buy from Great Britain every year hundreds of millions of dollars worth of goods. At the same time we, i. e., the government and people of the U. S., owe Great Britain alone between 200 and 250 millions of dollars for interest on borrowed and other indebtedness. Together, for the goods we buy and the interest we owe, the amount is many millions of dollars. This debt has to be paid when due. Four-filths of it, probable more, is paid by our surplus farm products, a small part by manufactured products sold abroad sometimes for less than they are sold at home, and the balance is paid in bullion. Stop the exportation of our surplus products, and you stop the chief means of payment for goods and interest. Undertake to pay in bullion gold the kind of property of which "good money" is now made; "honest money"; Uotl's money"; "one hundred cents to the dol lar money;" and Grover would have to issue gold iuterest bearing bonds every new moon. But then, that would result in the organization of a permanent na tional debt interest bearing, payable in gold. This would be a permanent con venience for all millionaires and coming billionaires to invest without risk and without the trials and accidents of pro ductive industries. Tho export of surplus farm products cannot be stopped. The more of them we export, the more debt we pay. There is another disadvantage under which the farmer suffers. His consuming power is reduced to lowest term by the low price he revives for the products of his labor anil capital. A large part of what he cousumes has to with inonev in a market. the goods of which are artificially en hanced by a tariff laid for this express purpose. The fuct of the inability of the fanning class to purchase manufactured goods freely, diminishes the demand. A diminished demand for goods in turn reduces the demand for labor. A lessened ituimnii fnr Inhnr rod lire the WaiTeS of labor: and bo the laboring men, the men ... t i who own neither laud nor capital, who own only their labor power, whose only men no nf livinir in WfttfPS. whose BOCial status is determined by the scale of wages received, whostarve ti tney ao not get wages these in common with the farmer suffer. Thus it appears that the class farmer, which produces staple farm products, the oni-nlnu nf tvhirh is pxnorted aud the Price of the entire crop fixed in a world-wide .... r . 1 - A competition, cannot lrom me nature oi the mode oi production eimer regumio the output or fix the price of its com modities by combines, trusts, or protect ive tariffs. The farmers are therefore subjected to unfair and unjust competition relative to the classes engaged in mining, manufac turing and commerce. Further, the extra 680 millions and more which the protected industries col lect from the people over w hat they would collect under competition, is collected al most entirely from the unprotected staple farm products. In other words the farmers of the U.S. bear the entire burden of this extra taxation. The far mer, of the past, and those others whose social and business interests identified them with the protectionists.have looked at the 300 or 400 millions which the government collected as a duty on im ported goods as the only tax they were iinrino-nnr1 liovp npver realized that the i "- - - - . -. . protected industries were collecting twice or three times, possibly, tnac sum irom tuc lie Still they vote this burden and thissys tem of distribution upon themselves, and some say the taritt ana trusts are mreau hnrA thpmpH. This exposition is an attempt to pre sent the economic condition oi me mrm- ers, as a class, in their relation to the in dustrial system. , the end. WHO PAYS FOR ALL? For Thb Wealth Makers. At Washington one Cleveland dwelt, Who. his importance keenly felt. Who proudly boasts, "o'er great and small, I hold the sway, I govern all." Close by bis young Bagb'y sat, With whom old Grover deigned to chat And mourn that that some were not for Wall, Said Bagby, "sir, I pray for all." With form erect and haughty mien A man of uniform was seen. Who, right or wrong, at Grover's call, Will proudly boast, "I fight for all." Upon the bench a judge appears, Grown hoary with declining years With cold sang troid and gold withal, Says, "Justice, I dispense to all.' While smoked his pipe, in easy chair, A lazv lawyer, lean and spare, Said, hoping a monop. would call And give a job, "I plead for all." The doctor comes with pukes and pills, Sometimes be cures, may be he kills, And when we're resdy for a pall, He says, "Oh yes! I doctor all." A sturdy yeoman, with a curse, Reluctantly drew forth his purse, With little'cash, that mostly small, Says, "I must pay for all." The railroads, bankers, trust, combine, By congress backed, to catch each dime, And boast, behind a law-built wall, "You bet your boots, we'll skin you all." Bentonville, Ark. . A. 11. Edwards. CIRCULAR NUMBER ONE (Continued from 1st pane.) cinct in the land." I hope each member will respond to the call. We earnestly renuestall those holding commissions to act or return theircommissionsand have some one appointed who can. We urge the Legion members to care fully study the Rebate plan of raising money, in Article 7, of Constitution. It will do the work and raise aouiidanc monev for 189G if even one hundred Le gions could operate it. The plan is now readv for operation. J'rot. L. Vincent, lndiauapolis, Ind., is special Rebate Or ganizer. Write him for particulars, en elosinir stamp for renly. If you want to organize Legions quick send to me for Constitutions and In structions, and enclose ten cents in titnmns. If van want to be Minute Men, inspired with'the spirit of 1776, meet in bands of notlesstlian ten, electacaptain, adjutant and quartermaster, and send their names and the names ol members, wini ouceius, and we will forward charter at once. All the Legions chartered in 18.' and IH94. nearly 1.000 in number, are earn estly urged to send ten cents per member at once. Dues are not compulsory, but we depend on you, and gave all our time free of charge, and put in over seven hundred dollars of our own money during the past two years. We cannot do that again. A small sum from you would furnish ample funds. Ten cents from euch member of the Legion would give us means to organize ten thousand Le gions. We urgeall thedevoted, patriotic men and women who are able to con tribute to send money at once to start this work. We have paid the bills long enough. The case rests with the people. If they want to win they must be organ ized. To accomplish that result money must be provided. It takes the services of a stenographer and a typewriter and one clerk all the time now. Members of my family have done this work without a dollar of compensation. We can not do it any longer. Our means were long ago exhausted. I have taken this load upon me again with the definite understanding that help will come. We should be able to organ ize the work so that 1 could be in the field all the time. When I served as Com mander of the Grand Army I filled 150 appointments in 18 states and territor ies, traveled over 40,000 miles and re cruited 100,000 men and orgauized the Woman's Relief Corps. I am ready to do that work for human ity, for the People's Party, if means are provided. Not a day should be lost. The enemy are organized. We can array the grandest organization the world ever saw, for we believe that God is with us and will give His mighty help if we will arise from our slumber ana iau inio hub f ,..., i iwuiun t.k nraan V ran win the great strike for the people at the ballot box. Let everyone in hue with the Peo ple's Party organize the moment they read this can. We want especially theaid of thewomen and young people. We want glee clubs. Let the boys organize drum corpstolead the great proeessious that congregate at our meetings, and let those who lie afflicted on beds of pain on account of tne burdens cast upon mem, or are u hunrt. to work, nrav for the deliverance of the people. Let no one be kept out of the Legion on account of poverty. Legion buttons, a beautiful design, can be procured oi ueorgu jr. Washburn, Lock box 8594, Boston, at 15 cents each. Paul Van Dervoort, Commauder. Financiers t'inely Photographed. Valley, Neb., Feb. 20, 18 95. Editor Wealth Makers: As you have often asked for a discus sion of a method for our money system, I humbly offer my views on the subject, be lieving that the time has come for the party to agree on some plan to issue money. It is too much toaskourfriends to be able to explain and advocate the many plans that have been proposed from time to time. An inferior plan with agreement and two million advocates would be much better than a perfect scheme with only a few to support it. I believe that it is generally conceded that to issue money is too great a load for the government to carry, and that it should be "farmed out" to some particu lar class. Therefore I have selected a class who are more distinct from an American than any other race. The main feature of my scheme is this: to make the Chinaman take hold and boost our people in this if nothing else. First. Termit ten self-sacrificing public spirited Chinamen to organize a bank with one hundred thousand dollars. Second. They shall elect five officers, give their bank an English name aud send their one hundred thousand dollars to the government. Third. Government shall return to the bank one hundred thousand dollar three per cent bonds payable in gold on Grover s birthday, 1945, also $100,000 of the banks notes and the first quarterly interest, $750, in gold. Fourth. The bauk shall keep on de posit the $750 in gold, the bank notes shall be exchanged for greenbacks and silver certificates. Fifth. The greenbacks and certificates shall be sent onto Washington. The governmentshall then retire (burn) them. Sixth. The government returns to the bank another $100,000 bond, $100,000 in bank notes. $750 interest in gold. After the foregoing confidence game has been repeated ten times the bauk shall loan the last $100,000 bank notes to the American citizens at a rate not to exceed ten per cent per annum. You see the bank would be on a sound basis, they would haveonemilliondollars worth of bonds, several thousand dollars worth of gold, and as many paper dollars as thev started with. Now, Mr. Editor, do not condemn my plan because it is so near like the ad nun inistration plan. I have put restrictions on. The bank can only exenange tueir bauk notes for greenbacksand buy bonds 'ten times, whereas other plans do not stop them until all the greenbacks and silver certificates are burned up. We have often heard how banks are abused and what heroic efforts they have made for the credit of thecountry; therefore let the despised Chinaman be our sacrifice. Respectfully, Geo. Cowles. Interest is the Bondage, Brother Doty Valentine, Neb., Feb. 18, 1895. Editor Wealth Makers: Reading the various currency schemes has brought to my notice what I believe is the greatest error of American finan ciers. There is a tendency on the part of old party leaders to want to base our currency on bonds, but such an epidemic seems to have broken out among Popu list writers as well. It writing to Popu list readers it is unnecessary to show the wicked drain of interest-bearing bonds. That is a part already mastered. What is needed is to show that a currency based on bonds of any kind means ulti mate contraction. The trouble with a redeemable currescy is, it's redemption, To issue currency on bonds means, that when such bonds become due, snch cur rency must be retired. To retire it means contraction. Contraction means just what we have got now, viz., idleness and poverty. A currency based on the wealth of the whole nation needs no bonds, and no redemption. In fact, a nation's cur rency never needs to be redeemed except for speculation. Legitimate trade needs nothingbetter than thecommoncurrency of the country. What tinner basis did our gold and silver certificates need than the gold and silver coins in which they were to be redeemed. Neither did they do any harm while they circulated. Yet they were used to force a panic; and their redemption is what did it. It is not likely that the secretary would have any trouble keeping gold in the treasury if it were not for the redeemable natureof the currency; nor would it make any differ ence if it were made redeemable in bonds, even if they drew no interest. The nation would come to want the moment they were redeemed. What we want is a cur rency to use, not to redeem. Bonds and bondage are all one. We must stop our bond schemers, or we will always be in bondage. What we want is money. Ab solute money. Money which needs no re demption, except in the products of toil. The financial plan of our worthy editor, I think needs criticism in one particular. Most of its provisions were good and just, but I don't think we need any bonds. (air, make your mark.) If the treasury's getting low, Issue bondsl Should the gold to Europe flow, Issue bonds. If wheels of commerce stop. Or the farmers lose their crop, If the bankers need a snap, Bind the load on labors back, Issue bondsl Issue bondsl Issae bonds) Charles E. Doty. As the name indicates, Hall's Veget able Sicilinn Hair Renewer is a renewer of the hair, including its growth, health, youthful color, and beauty. It will please you. I I Idrrtittad et the Why Was It that Acer's Sarsaparilla, out ot the great number of similar ri'er:ir.illmi9 munnfan. cured throughout the world, was the only medicine of the kind admitted at the World's Fair, Chicago? And why was it that, in spite ot the united efforts ot the manufacturers of other preparations, the decision of the World's Fair Directors was not reversed? BECAUSE According to Rhlb 15 "Articles j that are In any way dangerous or oi offensive, also patent medicines, O; nostrums, and empirical prepara- J tlons, whose ingredients are con- oj cealed, will not be admitted to the oj Exposition," and, therefore J Because Ayer's Sarsaparilla is not a j patent medicine, not a nostrum, and not j a secret preparation, i o Secaute its proprietors had nothing to j conceal when questioned as to the for- oj nn i hi from which it is compounded. O: Became It Is all that it is claimed to be oj a Compound Concentrated Extract of oi Sarsaparilla, and in every sense, worthy ,j the indorsement of this most important oj committee, called together for passing Oj enure worm. o O! Ayer'sySarsaparilla O O O O O Admitted for Exhibition AT THE WORLD'S FAIR 2 jooooooooooooooooroooocol mmiuiMmtimsmMMSMmMM......i aaauaaiauaeaaaJl BANDITS CREMATED. Kan Down by a Posse and Burned to Death In a Cabin. Little Rock, Ark., March 13' A dispatch from Enterprise, Ind. Ter., says that a posse in pursuit of two men who had stolen thirty horses in the Choctaw nation, followed the thieves for three days, finally sur rounding them ten miles east of that place. The thieves refused to surren der and kept, up firing-, having dis mounted from their horses and taken to the woods. The posse pressed them closely and tne fight was kept up for two or three hours, both pursuers and pursued firing as rapidly as they could load their revolvers. One of the posse, in trying to head off the thieves, re ceived a bullet in his arm, shattering it, and causing him to fall from his horse. Penally the entire party massed and charged the two crim inals, forcing them to take refuge just at the edge of the woods in a cabin. Here the thieves barricaded themselves and defiantly proclaimed that they would not be taken alive. After repeated efforts tq induce them to give up the house was set on fire. Still tho men inside refused to come out, although the roof was a mass of flames. They still threatened death to any of the posse who ven tured near. At last the frame of the building fell in, buryinsr the desper adoes in the ruins, and they were roasted to death in the burning build' ing. RIOTOUS SOLONS. Oklahoma legislature Minds Up In a General Free for All light. Guthrie, Ok., March 12. The Okla homa legislature managed to adjourn Bine die at 1 o'clock Sunday morning. The session in both houses wound up with rioting and disgraceful scenes, and several personal encounters oc curred. In the last hours the prize fighting bill was killed,a penitentiary was located at Round Pond, a Normal school at Alva and an insane asylum at Perry. An appropriation bill was passed giving $100,000 for keeping the insane one year. Political fusion was prohibited by a law which makes it a felony for an election board to place a candidate on, to allow his name to be placed on, or a printer to print on more than ona ticket the name of any candidate. This is the first law passed in the United States against political fusion. All county seats and present territorial institutions are left where they are. The Daily State Capital of Guthrie was made the official paper of the territory and Frank II. Greer territorial public printer. A civil rights bill guara ntee mg equal rights to all citizens was passed. The capital was relocated at Guthrie. Bishop 1 homns Dead. Saxina, Kan., March 12. Bishop Thomas died Saturday night. The Et Rev. Elisha Smith Thomas, S. T. D., Protestant Episcopal bishop of Kansas, was born March 2, 1834. He graduated from Yale in 1853 and at Berklev Divinity school, Middleton, Conn., in 1801. At Yale he was a classmate of Chauncey M. Depew. He was consecrated assistant bishop of Kansas in St Taul's church, St Paul, Minn., May 4, 1887, and re ceived the degree of S. T. D. from Yale the same year. On the death of Bishop Vail in 1889 he became bishop of Kansas. As bishop of Kan sas he was president of the College of the Sisters of Bethany, St John's Military school and all the various Episcopal institutions of Kansas. State or Ohio, Citt nr Toledo, ) Lucas Couhty. ( Frank J. I'hiiit make oath that ha it the senior partner of the firm ot K. J. Ciikhit & Co., dolnit ImHlneoa in the I'lty ol Toledo, County and State aforesaid, anil that said firm will pay the nn ol (INK IIUNOKKD DOLLARS for each and everj cane of Catarrh that cannot be cored by the nee ol hall catarrh cdrk. HUNK J. CHENEY. Sworn to before me and eubacrlbed In my pres ence tnie ota aaj 01 uecemDer, a. u. itsva. ( ) A. W. GLEASON, ( !lL ) Notary Public. Ball's Catarrh Car Is taken Internally end arts directly on the blood and m neons surfaces ol tb system. Bend lor testimonials. Tree. F. J. CHENEY CO., Toledo, Ohio. ppsoia dj Druggists. The Baltimore Plan, now practically endorsed by President Cleveland, is attracting universal attention because it is based on the evident fact that the currency and banking systems of the country must be re formed. But is the Baltimore plan a reform? It gives the associated . banks the power to expand the currency and relieve the country. It also gives them the power to contract it at will and create universal distress for their own private gain. It puts the credit of the government behind every bank note. It donates all but half of one per cent of the profit on the note issue to the banks, and it leaves plenty of opportunities for a Napoleon of Finance to wreck a bank and leave the government to pay the notes. It leaves the banks free to demand the highest interest that the several states will allow, and affords no relief to farmers and business men of moderate capital. Contrast with this The Hill Banking System. In "Money Found," an exceedingly valuable and instructive book published by Charles H. Kerr & Company of Chicago, and for sale at the office of this paper at 25 cents, Hon. Thos. E7 Hill proposes that the government open its own bank in every large, town or county seat in the United States, pay 3 per cent on long time deposits, receive deposits subject to check without interest, and loan money at the uniform rate of 4 per cent to every one offering security worth double the amount of the loan. This plan is not an expense to the government, but a source of large revenue. It secures the government amply, which the Baltimore plan does not. It relieves the distress of the timore plan does not. . It protects not only note-holders but depositors, who are un secured now and undef the worse off. In a word, the Baltimore plan the Hill Banking System is in the Consider them both, and ask ttie you believe in. And send us 25c. immediately has no equal in its line. Address, PURELY $3.00 for first $ l.OOO, $4.00 for second $1,000 In the Cy clone Department. Same in Fire Department. r 5rr.-rul ----- NEBRASKA Mutual Fire, Lightning and Cyclone Ins. Co. Over $050,000 insured. Have paid $630.00 in Losses. Have had but one assessment 10c. per $100.00. J. (SyAgenta wanted. Who Wants a Good Thing? A In a small town not far from Lincoln. I HAVE a nice clean salable stock of hardware of about $2,500.00 no trading stock. Sales from $8,000.00 to $10,000.00 per year. My profits last year were about $1,500.00. Storeroom on corner rents for $16.00 per month, 28x78, ample side rooms, street frontage 50 feet, best location in town; tributary trade large and good; like buying a gold dollar if anyone ia wanting a hardware locat ion; port cash, part on time. Must sell. It will pay you to see or write to me. J. H. DOBSON, 1120 M St., Lincoln, Neb. Irrigated Farms-$1,000! -.JBltetatt4!4sWsflsfcyitts.BsBB OUT of a thousand farms in SOUTH WEST ZAN8A8, of 160 acres each, we arv elling a limited number equipped with an independent and permanent irriga tion plant sufficient for at least ten acres on eacb farm. The price at which these 160 acre farms are selling is merely about what the ten acres and irrigation plant are worth. Before buying a farm investigate this. Special terms made for Celonies, Call on us or write for particulars. THE SYNDICATE LANDS & IRRIGATING CORPORATION, Boom 412 New Eagland Life Building, 9th k Wyandotte Ste, KA5SA8 CITY, M0- common people, which the Bal Baltimore plan would be still is in the interest of the bankers, interest of the people. your congressman to vote for the for the book. "Money Found" Wealth Makers Pub. Co., Lincoln, Neb. MUTUAL. No Fire Insurance accepted from territory covered by local company. Y. M. SWIGAET, Secretary, Lincoln," Neb.