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VOL. VIII. NO 43. WHOLE NO. 407
ENDLESS CHAIN The Gold Bait* Try In* to Got • New Edition* NO GOVERNMENT REDEEMS SILVER IN GOLD. Then Why Should Thii Nation Be the First to Strike Down One of Its Moat Important Industries. Congressman Shafroth, member of the committee on coinage, weights and measures, has prepared the minority re port upon the bill directing the secre tary of the treasury to exchange gold for legal tender silver dollars when pre sented to the treasury. The report says: We object to the passage of this measure: 3. Because it will impose increased burdens upon the gold reserve of the treasury. To say that it Mill not is to deny the recognized principle of supply und demand. To add the 500,000,000 of silver dollars which now act as re demption money for the silver certifi cates and are not a charge upon the gold reserve, to the moneys which are redeemable in gold must greatly in crease the burdens upon the treasury reserve. It cannot be safe for a nation to increase its gold obligations without increasing its reserve. CREATING A NEW ENDLESS CHAIN. 2. Because it will create a new end less chain upon the gold reserve of the treasury. The policy of the government heretofore has been to diminish the obligations redeemable in gold and thereby prevent runs upon the treas ury. The gold standard advocates have unanimously contended that the green backs should be retired, so as to relieve the government of the necessity and cost of maintaining a gold reserve. They contended that the government should go out of the banking business. This measure is a reversal of that policy. It creates new obligations upon the re serve: it plunges the government deeper into the banking business. 3. Because it facilitates the exporta tion of gold. By making the principal medium of exchange used by the peo ple redeemable in gold, it becomes much easier for the exporter of gold to gather up obligations payable in that metal, and present them to the treasury for exchange. No other nation on earth fa cilitates the'export of gold. The scram ble of the European nations at the pres ent time for gold should demonstrate the necessity for legislation discourag ing instead of encouraging the exporta tion of that metal. DESTROYS SILVER AS MONEY. 4. Because it will produce the de struction of silver dollars and silver cer tificates as money. When silver dollars are made payable in gold, they become simply promises to pay. What govern ment would maintain promises to pay siamped upon as dear material as silver, when they be printed upon paper at no appreciable cost? Would it not be fool ish for the nation to keep invested in promises to pay, 1250.000,000 (the bul lion value of her silver dollars) when she could print them upon paper and save that amount? Nearly every wit ness that testified before the committee admitted that the measure would ulti mately produce a retirement of the sil ver dollars and a sale of the same as bullion. This is a new policy in the treatment of the precious metals. No nation on the face of the globe dis credits its silver coins by making them simply promises to pay. No government redeems its silver in gold. Why should this nation, which produces one-third of all the silver of the world, be the very first to strike down one of its own important Industries? WILL DEPRESS PRICES OF ALL PROPERTY. 5. Because it will depress the prices of all commodities and property. This measure Mill make gold do all the work of basic money now done by both gold and silver. We cannot thus increase the burdens upon gold M’ithout increas ing the demand for the same. The in crease in the world’s production of gold is not sufficient to displace the silver stock in existence. Statistics show that more than 50 per cent of the gold pro duct is used in the arts or lost to com merce, which leaves only $15,000,000 a year to supply the needs of all Chris tendom. This is less than 3 per cent of the gold stocks of the world and is no more than the legitimate require ments of an increasing commerce. 6. It is impossible for silver dollars to go to a discount as long as they are limited in number as now provided by law. and hence there is no necessity for this legislation. As it is impossible for jplver dollars as now limited by law to depreciate in value, why should we run the hazards of making increased bur dens upon the gold reserve, of creating a new endless chain upon the treasury, of facilitating exports of gold, of an nihilating silver and silver certificates as money and producing an era of falling (rices. —National Advance. m m m.U W II I V f M V # ■ W MM / Jm V # ■ m ■ II b m *■ •dvocaU of Jeffersonian Democracy V “And the Lord Said unto Moses. •* Wherefore crlestjThou unto Me? “Find then Gioty. When that fails, and Lincoln Republicanism. ■ Speak unto the Children of Israel that they may go fhrward.”— Exod. c, xrv, v, 18. Skiffistofy' wlft'SihirtoKmi wit! llßl H ; Hath but one pace. Byron. PUBLIC OWNERSHIP RAILROADS CANNOT LONG BE HELD BY MONOPOLISTS. Some Figure* From the Aunaal Re port of the Interstate Commerce ComnilMlon—The Corporation* Are Overcapitalised on an Average of 300 Per Ceat. The preliminary report on the income account of railways in the United States for the year ended June 30, 1900, pre pared by the statistician to the inter state commerce commission, contains returns of operating railway companies representing 190,406 miles of line. The gross earnings of the railways included in this report were $1,480,673,054, or $7,776 per mile of line. Of these earn ings $396,860,760 were classed as passen ger earnings and $1,048,268,875 as freight earnings. The gross earnings shoMm in the final report for the preceding year were $1,313,G10.118. Operating expenses for the first fiscal year aggregate $956,- 814,412, or 05,025 per mile of line. The net earnings of the roads embrac ed in this advance report were $523,- 858,912 for 1900, or $73,110,747 more than they were for 1899. Income from investments and other sources amounting to $60,675,700 were received, so that the total income M’as $584,534,612. —Press dispatch. The railroads of this country are over capitalized 300 per cent. Dividends are paid on three times the sum for M’hich the roads could be replaced, and yet they earn In net profits for a very few men nearly $600,000.000 —quite enough money to pay the entire cost of this government economically administered. The railroad is as much a public utility as the dirt road and there are just as many reasons why one should be owned by the state as the other. The state should own the railroads, but in fact the railroads own the state. Our government is dominated by the railroads —they get just such legislation as they want —they send their servants to congress and the sthte legislatures and every law is passed by the hired men of these corporations. Suppose, now, these roads were owned by the people, as they are in most civil ized countries, what would be the re sult? If rates Mere kept at the present level the railroads would pay the en tire cost of the government and all the taxes could be abolished, but rates would ue much reduced and even then there would be a handsome surplus to go into the state treasury, M r ages could be raised, hours could be reduced and the products of the West and East, North and South, could be exchanged at half the present price of transporta tion and the Nebraska farmer could go dow r n to Massachusetts to see his moth er-in-law without mortgaging his farm to pay the bill. The same relative saving could be made in telegraphs, express and in all the public utilities in towns and cities and the community Mould get rich on M'hat It now gives away to millionaire monopolists. These are plain and simple facts, which have been fully demonstrated in many countries, and we can apply them to our home government as soon as the American voters get sense enough. Initial Steal qf tlie ( C'eutnry. Mr. Hanna is again exerting every in fluence to pass the ship subsidy bill, which has been made an administra tion measures and is supported by most of the leaders of the Republican party. This bill makes a free gift from the public treasury of $9,000,000 a year for thirty years to a feM- of the wealthiest men in the United States. By this measure John D. Rockefeller, Mark Hanna and other millionaires will come into the possession of $270,000,000 of the people’s money for which they give no equivalent whatever and that money Mill be collected from the com mon people and given away as a free gift to men Mho do not need it and for it there Mill he no resulting good to the nation. NO BENEFIT TO MASSES. Not a man west of the Mississippi river will be benefited by this meas ure, and yet we will have to be taxed our full proportion to pay this stu pendous steal v We do not know that this bill will pass. There may still be virtue enough left in the Republican party to defeat it. There may be men in congress belonging to that party who will follow the example of ex- President Harrison and exrSpeaker Reed in holding the interests of their country above the claims of their party. Twelve honest Republicans in the house can send this monstrosity to its everlasting rest. Are there twelve honest Republicans in that corrupt body? We hope so, but God only knows whether that hope is well founded. The people also asked this congress for an appropriation to irrigate the arid lands of the great West. The sum that is as a gift to,.million aires would irrigate every acre of those lands and make millions of prosperous and happy homes. There are over 600,- MINNEAPOLIS AND ST. PAUL. MINN. THURSDAY. FEBRUARY 14 1901 ILI ; f I I Jvf rl £ V f H " « tt ft M 3 V' 1 ' t WALKING FLANK. ~ * 000,000 acres of land in the West that is useless and barren now, but which, by the application of water, could be changed into fertile fields and be made into the garden spot of the world. There is room on this land for 10,000,000 fami lies of 50,000,000 people—a great empire of happy homes and songs of praise and thanksgiving would ascend from all its numberless habitations. MONEY TO MILLIONAIRES. But this request has been disregarded. This congress will give money to the millionaires and refuse it to the people —5270,000,000 for a subsidy—s3oo,ooo,- 000 for a foreign and disgraceful war, and not a cent to build happy homes for a greater multitude than dwell in any country of Europe except Russia. It is only two months since the people placed the men again in power that do these things. Is it not almost time that said people begin to hang their heads in shame? Do you know what would happen in these two cases if we had direct legisla tion in this country? Why, the steal would be killed in a holy minute and the plains would be irrigated as fast as men and money could do it. —Ex. A Home's Ante. To tell the age of any horse, Inspect the lower jaw, of course, The six front teeth the tale will tell, And every doubt and- fear expeil. Two middle “nippers” you behold. Before the colt is two weeks old; Before eight weeks two more will come Eight months the “corner” cut the gum. The outside grooves will disappear, From middle, two in just one year. In two years from the second pair, In three, the corners, too, are bear. At two, the middle “nippers" drop; At three the second pair can t stop. When four years the third pair goes. At fi've a new full set he shows. The deep, black qpots will pass from view At six years from the middle two; The second pair at seven years; At eight the spot each “corner” clears. From middle “nippers” upper jaw, At nine the black spots will withdraw; The second pair at ten are white, Eleven finds the “corners” light. As time goes on the horsemen know. The oval teeth three-sided grow. They longer get, project before, Till twenty, when we know no more. Church 105 Yearn Old. St. Paul’s Lutheran church at Schwenksville, Pa., has been celebrat ing the one hundred and fiftieth anni versary of its foundation. In the past 7jo years it has had but two pastors, Rev. Frederick Waage and his son, Rev. Oswin F. Waage. The' latter has been in charge since 1870. SELL RAILROADS ;; — TIME IS COMING WHEN THE GOV ERNMENT MIST OWN THEM. TELEGRAPH LINKS .ALSO WILL BE TAKEN BY L’N'CLE SAM. (From Minneapolis Times Washing ton Correspondent, Otto Carmichael.) A short time ago /a prominent rail road official, in discussing the “com munity of ownership” program which is rapidly bringing the transportion business of the country under the con trol of a few men, said that within a fc-w years the few men who had control would present a scheme for the sale of all railroads to the government. “As soon as these roads are practical ly in the hands of a few men a plan will be agreed upon by which they can be offered for sale to the United States gov ernment. It is only a question of time until congress must meet the question. It will be urged upon it by the public Of course, it is a big subject, and one cannot anticipate that a large element in congress will be in favor of govern ment ownership. There naturally would be great difficulty in determining a fair price. “I have heard it suggested that it is the intention of Mr. Morgan and his in fluential friends to endeavor to antici pate the action of the government. If the roads should be offered for sale by the owners, it would be up to the gov ernment to accept or reject. The own ers would have no objection if they got their price. If the government should reject the offer, then it is assumed, that congress could noteflo ahead and try to control the roads by fixing rates, as is now contemplated by*the interstate com merce commission. Mr. Morgan buys to sell at a profit. he wants to sell all the railroads he is'buying at a profit there is only one customer* strong enough to handle the deal, that is the United States itself. Tfiiere is nothing Morgan is more proud of than his boud deal with the United -States. He prob ably would like to eclipse that trade by selling Uncle Samiall the railroads in the country. ’ j Rapidly the telegraph companies are aproaching the point (where they must settle with the government. This is a business which legitimately belongs to the postoffice department, and it re quires great .ngenuity on the part of the owners from having this fact forced on public attention. To prevent pub lic consideration of public ownership of the telegraph business, the corpor ations owning the telegraph companies have inaugurated a policy which de prives them of a great deal of business. SQUIER’S WONDERFUL DEVICE. One instance is sufficient to clearly illustrate this. There are devices by which several hundred words a minute can be telegraphed over ordinary wires, long and short distances. _jOne of these was invented by George Squier, a na tive of Michigan, now a lieutenant in the United States signal corps. Tests have been made with these instruments and the amount of matter which may be telegraphed in a short time is amaz ing. If these instruments were put to general use and the rates reduced as they might be, the business of the tele graph companies would be doubled and perhaps quadrupled. Of course, there may he mechanical and economic rea sons M T hy these devices could not be employed over all the lines of the com pany at once, but these are not the rea sons Mhy efforts are not made to begin tc use them. The government .preserves a mono poly of carrying letters by post. If the telegraph companies should use its lat est devices and transport as it could well afford to do, short letters by wire, for a few cents, it Mould enter into com petition M r ith the postal department. It is difficult to forecast how much the loss of business to the postal depart ment would amount to. It certainly would be nothing short of millions every year. It is equally hard to estimate the ac tion congress M'ould take. It is certain that it M’ould do something to retain its monopoly. It Mould either offer to buy the telegraph lines or set up a telegraph business of its own. At pres ent the department officials would like tc see the government appropriate money to begin the esetablishment of telegraph lines, but the influence of cor porations prevents such steps. The “community” owners may expect to give their telegraph companies their earnest consideration. Caeaar'a Comma. The Schuite Publishing Co. write us that they have just issued a new edi tion of Ignatius Donnelly’s gieat reform story, "Caesar’s Column," and that the nook in paper oinding will retail at 25 cents, instead of 36 cents as here tofore. “From the way orders are com ing in,’’ writes Mr. Schulte, "the former immense popularity of the book seems likely to revive. The Western News Co. here alone has ordered 2,500 copies.'' Address orders to the Missouri World. Upon receipt of 25 cents in stamps or .. c: tae book will be sent postpaid.— Missouri World. NEW BOOKS FREE. Read our new premium offers of books found in this issue. We give you a val uable library complete free with the Representative. These books are cheap er than to borrow and forget to return them. They are not all political, but the best books published for the wife and daughter. They are standard, classic and educational. Best books published, absolutely free with the Rep resentative. Be curious enough to read the list. E. A. 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Address all orders to « l Che Representative, 1 632 BOSTON BLOCK. MINNEAPOLIS. MINN. ***«*4«« ***** *****♦♦♦*♦♦**»♦♦ ♦*»♦*♦*♦ ♦»****♦»*» *#*#**4 UPHOLDS LAW Mayor Ames Writes of the Hen nepin Primary Elec- tion Law. Hopes to See It Adopted in Time by Every State in the Union. Prior lo election Mayor Ames was a hearty supporter of tiie primary election law, and since election he has naturally had no cause to complain. In his campaign speech es he said he looked forward hopefully to the time when fhe primary election would be the only way all public officers, even to United States senators, could be elected. Since election he has been making a study of the primary electicn bills introduced in this - and other states, and yesterday sent the following answer to an Interroga tion from J. A. Frcar, Hudson, Wis., who is to advocate the passage of a primary elec tion law applying to the state before the joint legislative committee at Madison, Wis., which has in charge the bill now before that body, and making primary elections a pari of that state's system. The mayor says: Your request for my impressions on the primary election latv, as it is oper ative in this county, has been received. In the first place I will say that I am heartily and enthusiastically in fav or of this law, as I believe it is more thoroughly in sympathy with the spirit and purpose of our fundamental law. It brings the servants of the people into close relations with them. The people, themselves, have the di rect voice in selecting the men whom they wish to honor with their suffrages. As a practical expression of pure demo cracy I think it as apt as present con ditions will allow. It makes the voters responsible for the kind of government which prevails. It breaks up machine politic, and makes every voter as in terested in the selection of candidates as in the election of officers. It Is a law which 1 have for years been laboring to see written upon the statute books of this state, and in time I look for its adoption by all the more progressive and up-to-date common wealths ot the country. When that con dition is reached I believe we will have heard the last of corrupt politics, ring rule and the triumph of corporate over individual interests. “Yesterday I saw a man drop feefty feet from der vindow to de sidevalk down!” “Killed quick, I guess.” “Nien; not hurted even.!” “Dey vas pigs’ feet!!” The average man’s second thoughts are the wisest. SI.OO A Year In Advance. MEN ARE COSTLY SOLDJEItS OF TIIE UNITED STATES army expensive. American Fighters Said to Cost 12 Times as Much Individually as Those of Europe. By Wire From Washington, Feb. 13. The house yesterday passed the army ap propriation bill and entered upon the con sideration of the sundry civil bill, the last one of the big money bills. The debate on the army bill was confined largely to a discussion of the question of passing bills to remove the charge of desertion against ships and tvas made notable by a statement of Mr. McClelland (N. Y.) comparing the cost of the soldier in European armies with the cost in the United States. According to his figures, including the cost of pen sions, etc., each United States soldier in volved an expense of $2,828, while a German soldier costs $227 and a French soldier $232. Previous to consideration of the appro priation bills the letter reflecting upon Mr. Perry S. Heath, which Mr. Sulzer intro duced into the proceedings Monday, was expunged from the record. During the de bate upon the motion to expunge, Mr. Sulzer renewed his attack upon Mr. Heath, reiterating his statement of Monday that he was willing to father the statements in the letter and declaring that if action was brought against him he would not plead his constitutional immunity. During the entire session of the senate yesterday the agricultural appropriation bill was under consideration. After six hours of consideration the bill was little more than half completed. The debate on the measure dealt almost entirely with ad ministrative details of the department of agriculture, many commendations of the work of the department being made by senators on both sides of the chamber. Whoever tries to make this world the better for having lived in it is a true re former and may expect to be called a uaitK. All ute great prophets, patri archs and teachers of the past, whose sayings the religious teachers of today delight to quote, were reformers or cranks. And wherever in this world we do not find similar characters, we find a debased manhood and woman hood. So do not fear being called a crank because you serve humanity ac cording to the best light that is In you. Read onr great premium offer oa front pa*e. Some adn prove both la* terentln* and profftable reading. The Number of this A "T issue of the paper i 5.... "Wf m lithe number opposite your name on the colored Label is less than this number it shows that your subscription is in arrears and should be paid up at once.