Omaha Daily Bee Newspaper, September 15, 1881, Page 2

VAN WYCK'S VIEWS. Address Delivered at the Ne- braska State Fair. A Rousing Speoch On the Living Issuos of the Day, At the instance of the manag U. 8. Senator Van Wyck on We day delivered the following address at | the fair grounds in this city This should be not so much the farmor's holiday, but rather the oc occasion for conference as to the| manner of improving all the indus- tries of the land because only through the development of all and the pros- pority of each is his own prosperity gocured. Not only to reason togeth- er absut the system of husbandry, for he mustlearn that the best is the only kind which will be found profit- able; that weeds and corn cannot grow on the same soil during the same sen- son; that 100 acres producing 50 bush els per acro is far better than 200 acres producing 30 bushels per acre. That wheat in a large portion of the state should not be grown beyond home supply, the uncertainty of the crop and the large outlay for necessa- ry machinery leaving but little to the producer. That the best grade of stock on the farm and in the market is that which is bost cared for. The severe winter and the equally severe summer is teaching rather severely the lesson, that cattle cannot subsist without feed, and that less feed will be necessary where sheltered from the sriows and winds of winter. And while discussing the treatment, feed- ing, watering and salting the herds and flocks, the growing wealth of this growing state, it will not be amiss to know the mode of watering other stocks and salting mines with miner- als where none exist. Hvery year is bearing its testimony to the truths of the thousands gone before, that there is no true excellence without labor, eitherin the field, thearts and sciences, the forum, the bench, or the pulpit. That no addition is made to the actual wealth of the world except by the labor of hands. No pyramids in the desorts, no cities on the plains and b; the sea, no mountains tunneled, no val- leys filled, no aqueducts, no canals, no railroads, except by the toil of muscle and nerve, Genius and brain have often come torelieve much of the drudgery; the screw, the lever, the wedge, were the first and simplest. Then steam, elec- tricity, the printing press, the sewing machine, and the thousands of con- trivances whereby labor is lessened and often made pleasant, Yet, the inventions of the past and present are of no avail without the toil and weari- ness of laboring hands around and be- hind them. Beyond all these matters of hus- bandry, stock-raising, machinery and toil, are other questions equally im- portant and affecting the material in- terests of tho farmer. I know many are horrified at the thought of passing beyond what they would like to make the dead line between labor in all its ramifications and the privileges of special interests acquired by charter or combination; but many of the latter have become so grasping and aggres; sive that self-protection forcos thé cousideration with the view of secur- ing justice to the comparative few, and oqual justice to the toiling multitude. If wo were only allowed to ascor- tain what county and whose farm wmade the greatest yield, whose cream- ery or dairy produced the best butter and cheese, which grade of cattlo or swine made most meat from an equal quantity of grain, and by way of moral diversion, which horse, for no sort of use to the horse or its owner, could be forced into the greatest speed, or be amused with a balloon of huge proportions demonstrating the folly and possibly the injury and death of only one man, while the balloons of conservative in- flationists, with pockets full of tracts, on stable currency; yet hands pump- ing and mouths full of material to fill loons which impair the prosperity of the nation. If this were the extont of your mission then the chapter might be brief, but the productions of TI famine prices in days of Cain an aj ing or over-reachin for defraud- he leartless and criminal inquiry. | ““Am T my brother's keeper?” Since nations have been breaking down the Chinese wall, which them selves had made in the guise of high tariff, and cxchanging more liberally {the productions of each, it becomes more necessary to study the changed conditions of trade and commerce. New channels and mew industries | necessitate new modes of thought As well retain the tinder box, the flint lock, the battering ram as the yemas of political cconomists ot the rld has advanced as much in and wd transportation, As well cross the ocean by sail and wind as to insist that gold can be the only circulating medium, ago in transportation and currency no other factors were known, but the world's progress has given a more active power to propel and a more convenient medium of exchange. Natural philosophy may not change, new principles may be evolved, but gravitation, light, heat, the movement of the heavenly bodies remain the same as in the age of Galileo, but political economy based upon and rep- resenting the most approved theories of the times when written, must change as nations develop and ad- vance, and keep abreast of progress in manufactures, trade and commerce, The great economic writers of other days should be gratefully remembered, but 1f living to-day many of them would modify their own theories. We should benefit by the changes of our national experience. A few years ago, in the flush ef prosperity, when legal tenders were basis of currency, when its volume rather than character made all indus- tries active and profitable, many prophesied disaster, which was a safe thing to do, and made paper money the cause, and the only remedy a coin basis. In due time we reached that point; soon camo another wild mania for spoculation. The same conservative philosphers who had denounced paper money next said we had too much coin, when it was flowine back upon us like the tide in exchange for the cattle and grain of the west, Then the same financial philoso- phers, in order to inaugurate another panic from which they might increase their gains, insjst that money is too abundant, and silver must be eliminated from the currency. This was the same struggle of the few against the many. Then a portion of the press, con- troled in trade centers by the money interest, denounced the masses as sil- ver lunatics and denounced the silver craze. Congress stood firm and sus- tained the people over the veto of a too willing president. We were assured in the raid against legal tenders that a hard money basis would repress the spirit of gambling and speculation, yet this nation never witnessed such dangerous criminal and law violating speculation as since resumption. heso same philosophers” who sume all knowledge and wisdom in fi- nancial concerns in their bankers’ convention, a few weeks ago, admt- ted that a large proportion of the bus- iness of the couftry, probably nine- teen-twentieths, was based upon pa- per and upon credit, When paper was based upon the credit and faith of a mation of 50,000,000 people, these men wero instant in season’ and out of season prophesying evil. Now, when it is based upon the credit ot speculators who, ina few years, or months, may be bankrupt, the airis not 8o full of warnings from that source and the sentinels on the watch towers are mnot prophets of disasters, Very many of these financial phil- osophers, who often seek to put off their notions as embodiments of pat- riotism, are loaning millions upon col- laterals of stocks and bonds, which they know at the first approach of danger will be worthless many of them fraudulently issued and in yiolation of law, known to be swin- dling, designing schemes to entrap victims, which will prove a fraud upon the banks and a still greater fraud upon the massos, America are 80 extensive in the num- ber of persons engaged therein the vast business interests flu:{ support, the nations of the old world they are helping to feed, that it becomes im- ortant we should widen the vision, ‘onsider, at least, all matters con- nected with and depending upon agri- culture, Vast as are the railroad intorests representing millions multiplied by willions, aggregating more than one- eighth of the wealth of the nation, yet their real prosperity is dependent upon the products of the soil. The prospect of bountiful crops gives lifo to their business, elevates stock. The bull of Wall street, borrowing the name of the leader of the herd, tosses his head and booms, while tho grass- hopper and chinch bug and drouth are watched with solicitude, and their coming depresses, only enlivening the sluggish, torpid bear, also of Wall The bankers are helping this dan- gerous inflation—they are furnishing the light air to blow these bubbles, Without their aid the victima could not obtain money for margins, and without their assistance the schemers who build new roads or rehabilitate bankrupt ones with the open, noto- rious intention to defraud by placing two and often four dollars in stocks and bonds on the market for every dollar really expended, could not float their worthless paper. ) Much indignation is manifested at the same system in adulterating other articles —by making greasy oleomarge- rine and calling it butter; by mixing glucose and white earth in sugar; a moderate sprinkling of corn juice in beer, or water, sometimes strychnine, in whisky; but the adulteration of stocks and bonds fourfold the value of the sropcrty, excites no alarm in the minds of conservative bankers, or at street, who is hoping for crash and re- verse that he may grow fat, 8o, too, with tKa manufacturers and merchants, bountiful harvests mean an inereased demand andactivityin all trade. This nation has tided over its greatest finaucial: difliculty and achieved its greatest financial victory, and resumption made possi- ble only becauso our surplus preduc- tions, needed abroad, cuhod coin and bullion from nearly all the nations of Europe. From this stand point how g{dn that there is necessarily no con- ict and should be no antagonisms between any branch of labor and be- tween capital and labor. Although this is too often only sentiment and after - due exhortation, the fact is apparent that from the natural belig- erency of mankind the time for the lying down of the lion and the lamb, or the buils and the bears exists more in hope than realization, From the early times this has been @ vast huckstering, traficking world, with individuals and nations each secking advancoment at the expense of the other. In trade this has been called competition; in govermental affairs, ambition, Jacob did it when he watored stock, to deceive Laban, his father-in- law, placed whoop-roles in tho gutters of the 'mflug trough, 8o did Pha- aoh and Joseph when they sold com at lonst not to the extent of withholding loans, thereby preventing this mad career of villainy, Thus we see how important that oach industry should understand and watch the other, Why not! Who are more interested in a sound cur- rency and a stable credit than the toilers on the land--toilers every- where—toilers in the workshops, toilers on the prairies! When the crash comes labor is most injured and pow- crless to protect itself, The greatness of its numbers is a source of wepkness, The banking in- terest can easily assemble in national convention and act in concert for a common purpose. The great railroads can be represented in the smallest parlor at Saratoga, so few in numbers are the controling spirits. When bank or railroad presidents meot in convention no outside interest at- tempts to checkmate their movements, No Jeremy Diddlers bold enough to seek to wool the eyes of theso schem. ers. Who would hope that a national convention of producers would accom- plish any practical benefit when a county and stateorganization is sought £ be controlled in other interests and real antagonism to their own? If finance is a legitimate Question to be considered, so is the more impor- tant one of transportation, All hu- man power, whether of wealth or of state, will be exercised at times arbi From the is ever found in iance as in production | 4 1E OMAHA DAILY ognizing this y law the avar- nd cruelty of money. has always been denounc- d. The class of SI seent for blood mone; about the value of money liko other propert ulate their rate of interest by supply and demand. In as- | sumed saperiority they deny the com- | mon mind the right to discuss or even | consider 8o obtru a subject as | finance. They claim that ehould be left to the men who make it a life study. So unrelenting and overbearing is | the cent per cent. that the usury laws are frequently violated, Men will shances of the panalty, just s on the n and the \tagonism of capital and labor; talk about strikes and com- and pross munism. Does the pulj ring out its fearful unathemas upon capital set at defiance in its unholy take the pound of flesh, and if not held by the throat would willingly take the drop of blood? The danger is not that the farmers and laborers will know too much in problems of government. If the masses are ignoranton theso questions, that ignorance is a crime, and there is the danger, Here is your mistake, You give too little attention to finance, to trans- portation and politics. Give these matters thought. Save a little time from the plow and field to study. Keep your childrenZin school. Don’t send them with the herd as soon as they can straddle the pony, or put them to the plow as soon as they can reach the handles. 1f you do, other interests will get the better of you. The struggle of this age is not with muscle, even on the field requir- ing muscle. You must have thebrains as well as tho brawn, . You are educating the soil into more generous harvests; you have im- proved the grade of cattle; even rounded out the form of the hog until it is exciting the diplomatists of all civilized countries, Now do as much for yourself and children. Educa- tion will give you better crops, better herda, better markets, and in the struggle with men who live alone by the brain, you can meet, if not on an equal field, at least not to a disadvan- tage. We know the difficulties in the way of education are somewhat apalling. The father must toil from early morn to night. fall to procure bread for the little ones, and then the little ones must toil to help get money to pay interest to save the homestead, to ap- pease the tax-gatherer. Will you then tell me it is wrong for the state to interpose and protect the toiling helpless laborer? that it shall msist that;money, that corporate wealth, that banks, that railroads, that telegraph lines shall pay their just and full share of the taxes. Will you tell me that the state should not compel the usurer to be satisfied with the legal rate of interest? that rail- roads and telegraph companies should not double and quadruple the stock and bonds of its roads and then insist upon dividends for its watered stock and bonds, Of late some railtoad magnates, while denying or attempting to ignore this species of legislation, ate olargr- BEE: THURSDAY SEPTEMBER 15, 1881 , when the actual cost could ed 8100, Herald asks what is ‘‘the mat- ter,” and answers ‘‘that the line built by al and the greater the cost th margin for stock operatior The Herald truthfully will surprise a great mar learn that some of the I 1 projects in the country have been un dertaken and carried to completion without of their own projectors and W is done by sto bonding the concern, to d; cost of con- struction, possibly times the cost.’ Speaking of Gould, the H among his wonderful nchi ‘““He purchased the Misscuri Pacific for §5,000,000. To realize handcome- ly on this venture he £30,000, - 000 worth of stock, £25,000,000 of which was water.” At another time, the Herald says, “The Pullinan Palace Car company has watcred its stock $2,000,000, but keeps the price of bunks up just the same, When these facts are boldly stated by those who claim to know, I trust allusion, and that no taunts of hay- seed and demagogue may be hurled at those who are inclined to repeat the same. . With all this evidence, will it be claimed that the state should not in- terpose to protect, not the gamblers who are willing to buy and sell worth- less stocks and bonds, but the people. There has been added in valueless stocks and bonds more than the na- tional debt, on which is paid a greater rate of interest. 1t is always safe to do right. When it was proposed by the Nebraska leg- islature of 1878 to reduce the rate of intorest from 12 to 10 poer cent., the representatives of the money interest protested that loanable capital would be forced from the state, butthe legis- lature boldly acted, reduced the rate and money came more freely than be- foro. So in 1880 a bill was introduced affecting slightly railroad management, 80 just that many of the special advocates of railroad interests voted for the measure 80 equitably as to provoke no adverse criticism, except it was suggested that if any railroad legislation were had no more roads would be built and eastern capital be banished. How different the result. Never so many miles built and projected as during the last year. A fair, manly course on the part of the people and the legislature has in- spired contidence on the part of east- ern operatoxs. They know that a state which has the manhood to do justice by its own people, to capital ~and labor equally, isa safe place to make invest- ments whether in railroads, hotels, manufactures or real estate. No in- terest should be so generous and con- siderate to the people, for none had been so aided. The nation, the states, counties and precincts, have donated in land subsidies, and money even mortgaging the future, for gen- erations to fill the treasuries of rail- road corporations. The world has made progress in more liberal interchange of the pro- ductishs\ of tdifl'«runb nations and ing for national interferenco to pro- tect ono class of operators from the shark-like propensity of another. It scems there is much of human kind in stock operators, the habit of de- vouring grows, after crunching all victims withing reach, they sometimes turn and rend each other. Some of the lamb-like creatures desire con- gress to interfere and prevent their destruction by the ravenous beasts that ge in the fold, claiming that no obligans of honesty or honor can hold swme men to a pool they have voluntarily joined, and they demand that the occasional outbreak of ocompetition merely for gambling pur- }E‘ shall be throttled by congress. his position is at least a concession of the power of the people to regulate and control. Thus the world moves. We rejoice in the indication of heal- th*wtion from the moral standpoint. 'he most wonderful atock operator of the age, Jay Gould, obtained not long since a sprinkle of religion. It was a strange, weird place to obtain that commodity—down in Missouri, at Kansas City, Kansas accounts for it that he was so near the line of that state, and the holy influences lapped Missouri, Ho seemed then to be re- nouncing the allurements of Wall street when he said he had already se- cured of wealth—money— enough to satisfy all his reasonable wants; that his family was small and he had suf- ficient for their maintenance; that henceforth he would own, stock, and bond, railroads purely for the wood of the country and {ovu of the people. But alas the return to Wall street was too demoralizing, He fell from grace and went on watering stocks more vigorously than before, Thion that other wonderful opera- tor, Vanderbilt, when he was awa; from the gambling dens of New Yor{ City he, too, had a twinge of con- science and seemed reaching for the anxious seat, Not so strange in his caso, as he could more fully realize the fleotness of life when he saw Maud fleetly dashing around the track; then away from the bulls and bears he could enjoy the more gooth iing society of horsemen. Possibly the tranquil and sacred influences of Ohicago had a happy effect in eleva- ting the thoughts and heart sufficient- ly long and high to bowail the wicked- ness of the age when he proclaimed that the recklessness and villainy of the day in issuing stocks and bonds was unparalleled that no road was over built or reorganized that did not fraudulently issue four times the cost of its construction, ‘Vanderbilt has returned to the east, but there is no record whether he has gone back to the abominations he de-, nounced, But the good work goes on, The Herald of Omaha, from which I am always proud to quote. (Has not our good friend Dr. Miller always insisted that it was the only religious paper in the west) has proclaimed the present railroad building making the republic one yast credit mobilier, by a construction company. An in- side ring of the incorporators contract with themseives to defraud the future owners of the road,as well as the pub- lic. That a new telegraph line was organized and a contract made with themselves for construction at £300 our own ' notions in regard to tariff must be somewhat modified and the wise sayings of cconomic writers of a past age will not apply. The old cry about competing with pauper labor in Europe, and that we should have a market for our produce where our goods are manufactured cannot any longer strengthen the de- mand for high tariff, because the ports of the old world are substantially open, and we are feeding English operatives, and the price of our meats and grain is fixed, not at New York but at Liverpool. The great portion of the American Esople %ehnva in a judicious tariff, but such modifications are demanded a8 will accord with the changed and liberal advance of other nations, The rights of the masses are recognized in England, why not in Amer- fcal Her people demanded cheap bread, and the _obnoxious corn laws were repealed. It is claim- ed we can compete with foreign man- ufactures, then why so much tariff? Senator Miller, of New York, with a few others enjoying by a tariff the monopoly of wood pulp in manu- facturing paper says that he can com- pete with foreign paper. Then why a tarifi; He also says he can success- fully compete with England in Brazil, if the government will subsidize a steamship line and carry his goods at small cost, Can any one to-day assert with reason that the resent tanff should be continued on lumber shutting us out from the Canadian forests, The owners of our pineries have already become millionaires. Our pmeries need no protection; not 80 much as the farmers of Nebraska. A few weeks ago, the bulls of the lumber market arbitrarily and with- |3 out any possible necessity added twenty-five per cent to the price, Continued on third page. Second Edition of Job, Mrs Ogden, N. - ivision street Buffalo, D ot be too thankful that 1 ed to try your SPRING BLOSKOM, 1 was at one time afraid I should never be ot ot agai I seemed to be a ition of Job_ without his pa- my face and body were one vast o of boils and pimples; since tak- ing one bottle of your Sprmg Blossom I am quite cured, all eruptions have p- Immn-ll. [ u 1 feel better than 1 have in a Price 50 cents, trial bottles e, 10 cents, TRUE TO HER TRUST. Too much cannot be said of the ever faithful wife and mother, con- stantly watching and caring for her dear ones, never neglecting a single duty in their behalf, When they are assailed by disease, and the system should have a thorough cleansing, the we may be pardoned for an occasional | g Pa., writos: 1 ¥, want of ap. > that fifo was a hur- d Ditters I felt bet- ralse your Litters 1 for years, too much od. liver and kidneys, have been signally miarke used them myseif with & of the liver. and in affering from dropsy, the effect was mary Bruee 1 have T, N, V. |writes: isorder of th alf & hottly dent that they will entiroly cus i+ Asenith Hall, Binghampton, flored with a'dull” pain_throu lung and shoulder. Lost my spirits, appetit and color, and conid with difficulty keep up all Took your Burdock Blood Bitters ns . di- rected, and have fe t no pain since first week af- ter using them.” Mr. Noah Bat four years ago | never fully recovered. digestive organs were weakened, and I woul mpletely pros- trated for days. After using two bottles of your Burdock Blood Bitters thy I can now, though 61 years of age, do a fair and reasonable day's work."” C. Blacket Robinson, proprietor of The Canada Proshyterian, Toronto, Ont., writes: ““For years I sufféred gréatly from oft-recurring headache, 1 used your Burlock Blood Bitters with happiest rosuliy, and [ now find myself in better health than for years past.” Mrs. Wallnce, Buffalo, N. Y, writes: “I have nsed Burdock Llood Bitters foe nervous and bil- lious headaches, and ean rocommend it to anyone requiring a cure for billiousness.” “‘For several yoars | have suffercd from oft-recur- ring billious” head: 2 and com- plaints peculiae to my eex, using your Burdock Blood Bitters 1 am entirely relioved.” Price, $1.00 per Bottle; Trial Bottles 10 Cts FOSTER, MILBURN, & Co., Props. BUFFALO, N. Y. Sold at wholesale by Ish & McMahon and C. F. Goodman. Je 27 eod-me P S SOMETHINC EVERY LADY OUGHT TO KNow. There exists a means of se- curing a_soft and brilliant Cmnpl_oxmn, no matter how {»oor it may naturally be. Iagan’s Magnolia Balm is a delicate and harmless arti- c‘le, which instantly removes Freckles, Tan, Redness, Roughness, Eruptions, Vul: finr. i‘lnshiugs, eic., ete. No elicate and natural are its Mrs. Tra Mullholland, Albany, N. ¥, writes: | ©TVEI A EXTA, - - - MAX MEYER & CO. Omaha, Ne HEADQ UARTER S MEN'S FURNISHING CGOODS. We desire to call the speciil attention ot the trade to our elegant lines (at BOTTOM PRICHS) of Underwear, Cardigan ' Jackets and Scarfs, Buck Gloves, Overshirts, Overalls Hosiery, &o., now open. Wholesale only. SHREVE, JARVIS & CO, ‘ Corner Fourteenth and Dodge Sts. { WHOLESALE DRUGCISTS. | ISH & McMAHON, ' 1406 DOUGLAS STREET, MAHA, NEB. The Only Exclusive Wholesale Drug House in Nebraska SPECIAL ATTENTION PAID TO MAIL ORDERS. ' FEARON & COLE, Commissson Merchants, 1121 Farnham St., Omaha, Neb. Consignmenta made us will receive prompt attention, References: State Bank, Omaha; Plath & Co., Baltimore; Peck & Banshor, Chicabs M. Werk & Co., Cinciunati. I. OBERFELDER & CO., IMPORTERS AND JOBBERS OF MILLINERY & NOTIONS, 1808 and 1310 DOUGLAS STREET. NEBRASIA. The only exclusive wholesale house in this line in the west. WHOLESALE GROCER, 1213 Farnham 8t., Omaha, Neb. Max Meyer & Co. ONIATTA. Guns,Ammunition,Sporting Goods FISHING TACKLE, BASE BALLS, and a FULL LINE OF NOTIONS AND FANCY COODS. SEND FOR PRICE-LIST. effects that its use is mot suspected by anybody No lady has the right to present a disfigured face in society when the Magnolia Balm is sold by all druggists for 75 cents, e aSTETTR:S CELEBRATED stomach and bowels regulated, blood purified, malurial poisonexterminated, she must know that Electric Bitters are the only sure remedy. They are the best and purest medicine in the world, and only cost fitty cents, Sold by Ish & McMahon. (2) BYRON REKD o BYRON REED & CO. \OMDSNT ESYABLISILED Real Estate Agency IN NEBBASKAY Keop & compleie abstract of title 0 all Real Estate ln O aud Douglas county. maytt y yet be 7 th Hostetter's Stomach Bitt Protect the system against it with this benefi cent anti-spasmodic, which is furthermore su- preme remedy for liver complaint. constipation, dyspepsia, debility, rheumati:m, kiduey trou: bles and other ailments, #£47 For sale by all Druggists and Dealers gen. erally I€ you ore man of lev ftlon 7 3o aro mar i, sulfering from on a bed of sick: Ccleansing, ton- or stimuiating, eeds cl i, {fuout intoxicating, n i w Hold by di 51.::“5{1.47»':' 1313 Farnham St., Omaha. J. B. Detwiler’s CARPET STORE. The l.argest Stock and Most Com- plete Assortment in T_he West. t.|We Kvep Everything in the Line of Carpets, Oil: cloths, Matting, Window-shades, Fixtures and Lace Curtains. WE HAVE GOODS T0 PLEASE EVERYBODY. REMEMIBEI TEE IFPILA Il & Torouto, Ont. ST . LOTIS PAPER WAREHOUSE., GRAHAM PAPER 00, 217 and 219 North Main 8t., 8t. Louss, —WHOLESALK DEALKLS IN— BOOK, NEWS, } PAPEHS %Wfiflgop ENVELOPES, CARD BOARD AND Printers Stock. 43 Cash paid for Rags and Paper Stock, Scra WM. F. STOETZEL, ,'». Dealer in' Hardware, Cooking Stoves > TIIN WARE. | i ot v 1m0 oo | S50V Repaiver, Job Worker and Manufacturer | Edward W. Simeral, ATTORNEY -AT-LAW.|Tenth and Jackser Ste.. « = « OF ALIL XINDS OF OANS. Omaha, Neb