The McCook tribune. (McCook, Neb.) 1886-1936, 1900-08-24
BRIGHT OUTLOOK.
A. M. Stevenson, Senator Lee
Mantle, PETER and Others
Out for Mckinley.
Interest Charges Reduced and Bank
Deposits Rapidly Increasing.
Fusion Bugaboos Intended to Divert At
tention From the Real Issues.

Omaha, Aug. 20.-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 a 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 n by n drop
ping out of rank and announcing
themselves for Mckinley. Noted
among these is the Hon. A. M. Steven
son of Denver, Colorado. MI. Steven
son will be remembered as chairman
of the Colorado-Teller Republican
state committee and n of those who
walked out with Teller from the st.
Louis convention in 1896. Ex-senator
Lee Mantle of Montana is another Of
those Silver Republicans who fol-
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
find 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 stalwart Democrats of Omaha, an
officer of the late Kansas City conven-
tion and a delegate to the late Demo-
cratic state conventions; the Hon. e.
Wyman, at the present time a 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 Nh. Wap-
pich says: 81 am a thorough believer
in the course being pursued by the
present administration as regards the
Philippine islands. 1 can think of no
other course of procedure for the cree
ton 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 4
stable government for them is impossi-
BILE 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 a government they are
fit for. I 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-
cial legislation promulgated by the au-
thorized representatives of the Repub-
lican party are beginning to fall into
the hands of the people.
Already the rate of interest on farm
and real estate loans has dropped to
about 3 per cent, which means a Il V
ing alone in interest to the debtors of
Nebraska of more than $1,000,0 900 per
year.
Four years ago it was difficult to
borrow money on good security at less
than 10 per cent, and very few if any
loans were made at a lower rate than
s per cent. Today money is abundant
at ) and 81 per cent. The figures rep
reSenting the full amount of the mort
gage Indebtedness Of Nebraska are not
at hand, so the exact amount thus
SdNSu Cdu hOI NC dSCul dtSlt SoL1-
puted. The report of the state labor
commissioner just made public, how
ever, shows that during the first six
months of 1900 farm mortgages were
filed to the amount of $11,472,2 0S, and
the interest saving in one year on
this sum alone, compared with the rate
of interest charged four years ago,
amounts to upward. of 100000.
The same reports show that there
were 57S less farm mortgages filed in
the first six months of 1900 than in the
first six months of 1899. They further
show that in the first six months of
1900 the farm mortgages filed
amounted to $11,472,2OS, while those
paid off amounted to So, IA, 1892, a diff
ference in favor of the borrower OF
debtor class of S~1,274,9S4. On town
and city property there were 247 more
mortgages paid off during the first half
of 1900 than during the first half of
the previous year, and the amount
paid off exceeded the amount addition
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