The independent. [volume] (Lincoln, Neb.) 1902-1907, 1904-07-28
DISTRESS IN COLORADO.

DISTRESS IN COLORADO.
Several gentlemen have been in the
Office of The Independent during this
week who have recently been in Colo
RADIO. They all tell the same story.
Business is dead in that state. Many
of the best citizens are leaving. They
declared that there were at present in
Denver alone 1000 empty houses. The
miners who have been driven out were
the great purchasers OF the state. They
were for the most part American citi-
zenS who made good wages and spent
their money in the various towns OF
the state. Most of them kept their
families in the towns where their chill
dren could go to school while they
themselves during the summer months
stayed in mining camps.
So far as their places have been
filled, it is by the very lowest class
of foreigners, who live in the camps
and spend very little, their object
being to save a few hundred dollars
and then 60 back to their own cOun-
tries. This state of affairs is bank
rupting the business men of the state
and goods remain on the shelves with
the prospect that the sheriff will soon
appear with notice OF bankruptcy pro-
ceedings.
Republican rule, backed up as it is
by democratic capitalists, has proven
a curse to Colorado such as has sell
dom fallen on any community. Mill
tary rule will not do in America as
long as there is another state to which
men who love liberty can fee. The
capitalists of Colorado have killed the
goose that laid the golden egg.
%<$S$<&
The democrats, populists and indie
pendent republicans held a rousing
big county convention down at Ell
Dorado, Butler county, Kansas, re-
Gently and nominated county ticket.
1t will go on the official ballot under
the head democrat"
&:S>SSS%
ONE ECONOMIST.
There is but one editorial writer in
all the east who seems to know any
thing about the science OF political
economy, and especially is he the only
one who knows any thing about that
part of the science that treats OF
money. That man is one OF the ,edi-
torial writer's on the Springfield Re-
publican. One day last week he had
a very clear and able article showing
how the republicans by the abundant
coinage of silver and other increase
of the volume of money had reduced
the value of the gold dollar at east
35 per cent, and day or two after
ward, in telling how the Morgan syn
dicate had charged the. Virginia-Caro-
lima chemical company % per cent in
terest for the use OF $4,500,000 for six
months and then called it assisting
the company to get on IT'S ,feet,' ne
remarks:
1.-THE incident goes 70 show that the
real power in this country resides not
so much in the industrial trusts as in
the money trust.
This last statement has always been
the fundamental proposition OF popu-
lists
&S>>&&S&
The establishment or permanent
aristocracy of the rich is not at all an
impossible thing m these United
States. 1t is true that in the families
of the excessively rich, business ability
fades, the struggle in the field OF COM
merce becomes distasteful and abhor-
rent; the family line crumbles, but
there are permanent special privileges
grinding wealth out of the producers,
which is gathered in by hired brains,
coming fresh from the farms and the
colleges, which make the fortunes per-
manent and establish an aristocracy Of
money.
WHO BOLrKD?
Alton B. Parker is the great original
bolter. He bolted the platform after
he was nominated. He has bolIed ev-