The independent., 1903-06-18

as the state Of Nebraska and lies be-
tween Austria and Turkey.
Henry Watterson advocates the
nomination of Attorney Folk of st.
Louis, the man who has convicted Sd
many boodlers and bribe givers, by
the next national democratic conven-
ton. Whether Folk has any qualifica-
tions for the Office or not is not
known. That he is an able lawyer and
an honest man everybody agrees, but
the people would want to know what
he thinks about asset currency, trusts
and tariffs.
Tom Johnson has made good his
threat to drive every democrat out Of
the party who voted for the fffty-year
franchises. He made the fight so hot
that six of the eight who so voted did
not attempt to secure denomination
and the other two he defeated. Tom
made a three days campaign in one
county where one of these democratic
republicans seemed likely to get
nomination. If the whole democratic
party had followed the same policy
il regard to the Hill-Cleveland group
Of republican-democrats the party
would now be in position to win the
next national election.
During the last FIVE months the
holders of U. S. steel stock, preferred
and common, have suffered a loss of
$61 ,0000 900. The dailies are all now
declaring that the bottom has been
reached, but. we will have to wait to
see. Lord Rothschilds has joined the
other great financiers in trying to
bolster up the market. He declares
that prosperity has come to stay and
that stocks will now advance again.
1. looks to The Independent very
much like Rothschilds gave out that
interview for the purpose of prevent
ing panic.
The position taken by the walters
union of Chicago that they would not
arbitrate and denying the right Of
employers to organize, while they
claimed that right for themselves, has
resulted in their complete overthrow.
The conservativeness of the real la
bor union leaders in that city was
shown when the denounced the wait
ers' union and declared that they had
no sympathy with it. Labor cannot
adopt the policies of rapacious capt.
talists and succeed.
Some time ago The Independent in
formed its readers of the fact that
the decision in the Northern Securities
case had been brought about by the
Hartman and Rockefeller interests
and that the object was the overthrow
OF Hill. Now it is announced in Wall
street that Hill has absolutely lost
control of the Northern railroad sit
uation and that J. Pierpont Morgan
has also been eliminated so far. that
he can act only as banker The
Northern Pacific railroad control goes
into the hands of Rockefeller, Gou'd
and Hartman. If the information that
The Independent furnishes it's readers
was distributed to all the people of
the United States, in five years the
whole political and economic situa-
ton could be changed.
1t seems that the corner in cotton
will work worldwide disturbance in
business and cause immense losses to
manufacturers and wage workers
alike. 1t is said that D. J. Sully, w.
F Brown and the McFaddens have
compact which covers the whole cot
ton producing world. The suffering
will not be confined to this country
and Europe, but will be most intense
in Asia. -.. IT,
The insidious and silent manner in
which the Servian army was won over
by the assassins who murdered King
Alexander and Queen Draga has pro-
duced a state of alarm in the capita,
OF every crowned head of Europe.
Prince Ferdinand of Bulgaria has fled
the country and refuses to return. In
Berlin, Vienna and Rome there is al
most a panic in the palaces. The tax
ing of the people to create and main
tain immense standing armies may be
the downfall of several dynasties and
Europe may become a sea of blood.
The people of Amesville, O., as "a
joke" elected a tramp who had lust