The Red Cloud chief., 1900-10-05


quent poor credit than the borrower.
The one who loans may loan or not,
as he pleases. The borrower is FIRE.
quently so situated that he must Dor
row or suffer the loss of the savings
Of u lifetime. Confidence In the hon.
esty and integrity Of the borrower
makes 1t possible for The latter to Sc.
cure loans and this, coupled with equi
table collection laws. enables him to
borrow ut II low rate of interest. Ii
will be observed, therefore, that laws
that are Intended to restrain proper
and equitable adjustment of accounts
between the debtor and creditor, while
they may cause the .cditur some an.
nOyance, are infinitely more injurious
To the debtor, for they not only limit
his credit, but they require him to pay
higher Interest rates N every dollar he
bOrrOws. POpulistIc tendencies tn tails
direction have in the past cost the
state Of Nebraska millions OF dollars.
CONTINUES TO FILE VI.
Evidence of Republican prosperity
continues to pile up. Farm products
have advanced in price, laborcrs EN-.
ployed at increased wages, new homes
are being bought, mortgages paid eff
n the transition carries with IL a
happy change I'm the financial and in.
farmers, perhaps, really understand
what 1t means to them in the way of
good prices for their products for the
laboring people to be employed at good
wages.
Statistics show that under the Nc
Kinley law more than Sal 100000
were paid out In wages every Satur-
day afternoon to the laboring people OF
the United States. Under the opera.
lions Of the Wilson law. "a Democratic
measure. the total amount thus paid
out fell to less than SO, 600, 900 per
week, or a shrinkage of $22, OOO,O per
week.
Under the Mckinley law more than
$2,0OO,OOO were invested In new bust.
ness enterprises. furnishing employ
ment to 122,OOO laborers. Under the
Wilson law more than $500, 5000
were withdrawn from use In DINNER
cial and manufacturing industries and
nearly $4,000 men were thrown out of
employment.
Under the Wilson law the balance of
trade against the United States I'm the
Is months the law was In operation
amounted to the sum Of more than
$7O.OOO.OO0. Under the present Repub-
licnn tariff law (the ~Dingley law the
balance of trade in favor Of the United
States for the last fiscal year. amounts
to the enormous sum of $544,0OO, OOe.
The estimated increase In the value
Of live stock. comparing the market
prices of today with four years ago. IL
more than SGOO.OOO.O 900, and the esti-
mated increase In the value of farm
land and In the market price of farm
cereals, on a similar comparison, il
$55O.OOO,OoO. making the total profit or
gain to the farmers Of the United
States for the last -four years more
than 81, $50, 100000.
The increase In bank deposits In so.
called farming states, states like Ne
braska, is more than 80 per cent. while
interest charges In the same state have
been reduced fully 40 per cent.
Governor Poynter and the fusion
newspapers, rs well as all the fusion
leaders, are painfully silent on the re-
port that at the end of Poynter's term
there will be n deficit or shortage in
the public funds of no less than $780,
600.
Their answer to this Is abuse of Re.
publicans, but abusing Republicans
will hardly satisfy the taxpayers, who
will have to pay the bill.
The fusionists have boosted of the
saving they have made In managing
the state institutions. Four years ago
they pointed to the amount asked and
appropriated by the legislature. Two
years ago they came to the legislature
with II demand for more money than
had ever before been required, and with
n large deficiency and any number OF
unpaid claims. The legislature two
years ago, not only made a large de.
ticiency appropriation, but appro-
priated more than $1,000 900 for the
two years ending In 1901. All this has
been sQuandered and it will require
100000 more to pay unpaid bills and
labor claims.
The shortage I'm the penitentiary fund
alone will amount to at least $25, 200.
There are at least II institutions that
will come In with shortages ranging
all the way from $1,000 to $4,000, and
In some cases il will be'even larger.
This amount. added to the amount
appropriated, will run the expense in
maintaining these institutions to a
higher figure than ever before in the
history of the state. If Poyntcr's al
ministration has been Il success in any.
thing II is in increasing the hardships
Of the taxpayers,
From the governor down there Is not
a department of the state government
that hno NOT innraaSaI tho nxpanSn