Custer County Republican. (Broken Bow, Neb.) 1882-1921, 1902-10-16

Average per cent invested in
vestment funds, Stuefer Ab
Average per cent invested by
Stuefer exceeds Msserva .,. Isl
Average per cent uninvested by
Mesorve OBSERVATION-DISCLOSURES. $50
Average per cent uninvested by
6tuefer ....,....,........,........ oo.o
Average per cent uninvested
by Stuefer less than Messrve 81
These figures need no comment. They
speak for themselves. There must be
some action taken in regard to the in
vestment OF this fund, or it's accumula-
lions will most seriously embarrass flu
ture treasurers, and result in large loss
to the school interests of the state.
Trust Question.
Since the business and productions of
the country have grown so enormously
and our foreign exports have reached
figure that astonishes the world
America has come to be a credit ma
ton, reckoned with by all other ma
lions who want to negotiate loans, and
large aggregations of capital have be-
come necessary.
Individuals are unable to carry on
such stupenduous enterprises, and
large corporations have been formed,
some of which are known as trusts.
Selhshness Is predominant in hui
man nature, and great power is always
liable to be abused. Consequently a
comparatively new problem is forced
upon the attention of statesmen and
demands solution at their hands. The
republican party Is accustomed to meet
large problems and in the infancy Of
this danger passed legislation for the
purpose of controlling 1t.
The Sherman law was passed by con-
gress, and in our state a law was
passed intended to mitigate the evil.
Experience, however, has shown that
the general government Is hampered
by the divided responsibility which I'M
der our present constitution 1t must
share with the states. Under our form
| of government each state can pass
such law as 1t chooses, and unifor-
| nifty Is not secured.
New Jersey, with a selfish purpose
on account OF the fee for filing which
she charges, incorporates all kinds of
trusts and turns them loose upon her
sister states who are obliged to give
her acts full faith and credit.
Each state is also confined to the
business done in its own borders so
that experience has shown that larger
powers must be given the general gov
eminent If this great question Is to be
successfully handled.
Fortunately at the head of our par
ty Ia that man whom we all believe
| to be honest and devoted to the best
interest of the whole people We know
him to be fearless and an untiring
worker, and he is bringing all the pow
ers of his acute mind to this problem.
He has concluded that 1t will be nee
essary to enlarge the powers of gov
eminent, and, II it shall be found nee
essary, by amendment of the consti-
| tuition. In a speech delivered at New
port, r. l.. August 20 of this year, he
says: 49,
THE immediate need in dealing with
trusts is to place them under the real,
not nominal. control of some sovereign
to which, Is it's creatures, the trusts
shall owe allegiance, and in whose
courts the sovereign's order may with
certainty be enforced. This is not the
case with the ordinary so-called
trusts today for the trust is a large
state corporation, doing business in
other states Also and often with the
tendency to monopoly"
Alsa at Ellsworth, Me-, August 27, he
says:
ION the one hand let men of great
wealth realize that in see<Sing for this
remedy we are both unalterably bent
upon finding II and are doing 1t in no
spirit of hostility to them, but in a
spirit to And out what is best for them
and for all of US alike. That is what
they must realize. And on the other
hand. let those who feel that there is
something wrong and they do not quite
know what, avoid above all things be-
ing led to act in a spi 1t of ignorant
envy, or rancor, general or sectional"
Fellow citizens With the utterances
of the trusted leader of our party whose
character is established for honesty
and thoroughness, who never promises
what he does not mean to perform. and
the history OF the success of the re-
publican party In graphing with and
settling satisfactorily the large prob
lens which have come to us in the
past. think we may safely leave this
question, certain that wise measures
will be decided on, and that our inter
ests will be taken care of.
Patriotic Ideas.
The republican party has always been
patriotic. 1t rejoices, and has right
to rejoice that in all the trying times
in the nations history since its organ
ization, 1t has been loyal to the coun-
try, and believed In the business of its
cause. 1t has left the work OF criti-
cism, doubt, pessimism and viewing
with alarm" to others. When glorious
/, results have been achieved 1t has al
ways been able to be glad without hav-
ing to apologize. The flag OF ouI coun-
try is It's chosen emblem. w Ierever II
is seen, republicans hail 1t with de-
light. 1t believes that where 1t floats
with authority the peoples under Its
folds are assured of larger opportuni-
ties, greater freedom justice. education
and all the political privileges which
they are fitted to enjoy. 1t believes
thoroughly in America.
1t does not doubt that the idea:
crystallized in our government are the
best In the world. 1t fondly hopes tha'
the influence of these ideas viii grow
and spread until the whole world shall
be permeated with them, and that thui
the nations of the earth will enjoy
greater liberties, and be raised to 6
higher plane of civilization, Christian
? ity and intelligence.
A Word to Soldiers.
? The republican party cherishes II
: its heart the memory OF the gallan
soldiers and sailors who have won Inn