The Columbus journal., 1900-08-22
BRIGHT OUTLOOK.
A. NJ. Stevenson, Senator Lee
Mantle, PETER and Others
Out for Mckinley.
Interest Charges Reduced and Bank
Deposits Rapidly Increasing.
lussoa Bassboos Intended % Divert At
tention Fron the Real Issues.

Omaha, Aug. EO.-The outlook for
the reelection Of President Mckinley
grows brighter each day.. Judged from
the prosperous conditions that exist
everywhere In the United States. and
from the magnificent administration
Of affairs during the past four years
his reelection has never been doubted
for q moment. We find. however.
other forces working. though less pow
erful and less important, than those
above referred to. that are worthy Of
notice. In looking over the list of big
guns In the POpulistic and Democratic
party we find them one BY one drop
ping out of rank and announcing
themselves for Mckinley. Noted
among these is the Hon. A. NJ. Steven
son Of Denver, Colorado. Mr.. Steven
son will be remembered as chairman
Of the CQlorado-Teller Republican
state committee and one of those who
walked out with Teller from the st.
Louis convention in 1895. Ex-senator
Lee Mantle of Montana Is another Of
lowed Senator Teller In 90 He. like
Stevenson. announces that not only
will he refuse to support Bryan. but
that he will use every effort to secure
the reelection of President Mckinley.
Ex-senator w. A. PETER Of Kansas,
one Of the most widely known POpu-
lists In the United States, has within
the past ten days made positive an
nouncement of his intention to support
Mckinley. Coming nearer home we
6nd the Hon. J. E. Boyd, Nebraska's
only Democratic governor, announcing
that he will not support Mr.. Bryan
this year. Mr.. BOyd, however. does
not announce that he will support Nc
Kinley. w. F. Wappich, one of
the stalyart Democrats of Omaha. an
officer of the late Kansas City cOnven-
tion and a delegate to the late Demo
cratic state convention; the Hon. E.
Wyman. at the present time q member
of the state legislature from Buffalo
county, are among those prominent In
Nebraska politics who refuse to stand
for Bryan and his fallacies. In his an
nOuncement, W. F. Wappich brands
imperialism as a false issue and an
nOunces in his discussion of the Philip
pine question that Mr.. Bryan has put
the cart before the horse. In speak
ing of this important subject Mr.. Wap-
pich says: Il am q thorough believer
<H>o hnSv tv t4laA
present administration as regards the
Philippine islands. I can think of no
other course of procedure for the erec
tiOn of stable government there. First
Of all order must be wrought out of
chaos and the Filipinos forced to re-
spect the law. Until this is done
stable government for them is impossi-
bic and independence for them is not
to be considered. After the establish
ment Of law and order in the Philip
pines will be the best time to consider
what kind Of government they are
fit for. 1 think the preaching of Fill
pinO independence is premature. Mr..
Bryan probably knows that he Is put
ting the cart ahead OF the horse. but
BY doing so he Is enabled to use the |
FilipinOs for campaign purposes and
that is all he wants to do"
Low Rate Of Interest.
Benefits resulting from sound finan- |
,ial legislation promulgated by the au-
representatives of the Repub- |
ican party are beginning to fall into |
the hands of the people.
Already the rate of interest on farm |
md real estate loans has dropped to |
lbout per cent. which means saw
ng alone In interest to the debtors of |
Nebraska of more than $1.OOO.OOO pr
year.
Four years ago 1t was difficult to
borrow money on good security Mt less
han 10 per cent, and very few II any 1
oans were made Mt q lower rate than
per cent. Today money is abundant
It 5 and 81 per cent. The figures rep
the full amount of the mort
,age Indebtedness Of Nebraska are not
It hand. SO the exact amount thus
0SCu N0A uVS OC uSSuA /
,uted. The report Of the state labor
just made public, how
.ver, shows that during the first six
months Of 1900 farm mortgages were
lied to the amount of $11. Az. .2O6. and
he interest saving in one year on
his sum alone. compared with the rate
4 interest charged four years ago.
to upwards Of 100000.
The same reports show that there
we're 57S less farm mortgages fled in
he first six months Of 1900 than in the
Irst six months of 1899. They further
how that in the first six months of
800 the farm mortgages fled
to $11.472.2O6. while those
aid OF amounted to $12, 7l7. 1872. a diff
erence In favor of the borrower or
ebtor class Of $1.274.964. On town
nd city property there were 247 more
Mortgages paid OF during the first half
{ 1900 than during the first half Of
be previous year. and the amount
aid OF exceeded the amount addition
lily mortgaSed BY $1.O5l .248. showing