The independent. [volume] (Lincoln, Neb.) 1902-1907, 1904-10-13

such men as j. L. Morgan, August Bel
mont and Arthur German, what is to |
prevent "the deadly principle of COM
pound interest" from operating with |
appalling results III this country By |
the law of their nature, those monster |
fortunes will grow larger and larger.
AS the owners of this huge wealth have
taken more than their share from the |
common stock of the nations wealth,
so there must be increasing millions OF
men who get less than their share.
The absolute mathematical certainty
that the advance which certain favored
Interests are making must lead Il the
permanent poverty and subjeetic. OF
the great body of the unprivileged, is
made doubly certain when we remcm-
Der that the enormous burdens OF tax
Iation-state, municipal and natiollal-
rest mainly upon the shoulders of the
unprivileged. The middle and the low
er classes have to pay, not only their
own taxes but those which the pIlvi-
legged escape. The final result oil This
ruinous injustice is too apparent TO be
questioned.
What will be the end? No stu
( dent believes it can go as it is for
| ever. All see danger signals ahead
| That rising tide Of angry discon-
tent is pouring over the country can
not be disputed. The evidences of it are
visible everywhere. If H. Fl. Rogers,
| j. P. Morgan, August Belmont, and
men OF that type think there is no
act of spOliation to which the people
Twill not submit, they are making for
| themselves fools paradise. Ii the
STANDARD Oil crowd and the sugar
trust crowd think that the American
Epeople are going to stand idly acqule-
lscent while they gobble up al the
! wealth nf the republic, they are play
ling with fire. It win not Sc pefmssA VI.
Already more than half of the annual
increase of wealth is absorbed by less
than a dozen trusts. Already we have
men so rich that they could buy up
1.-THE entire property contained IN one
Iof our states. If "the deadly principle
LOT compound interest continues to
work for the Standard Oil, that group
LOT plunderers will soon own the whole
[of the United States. They AMI their
fconfederate kings will have such a
lgrlp upon our entire system, CONNER
lcial,, financial and political, that the
government will amount to little
more than a piece of necessary
mechanism to the Standards system.
i The federal administration will take
orders from some future Rogers, just
las boards OF directors of dozens 1T
huge corporations now do. The very
4 life OF the republic demands the cur
tbing of these gigantic combinations,
and every aggressive step the, take,
Il from henceforth, will hasten the day
twhen Imperative public opinion Will
/ lcompel the constituted authorities to
! iprutect the public from ruthless
. spoliation of this kind.
Need for a Third Party
4 A third party has no right to exist
UNLESS there are abuses in government
which the two great, parties refuse
!. Ito reform. Unless both of tine two
lold parties are wrong, there is No
room or excuse for third. BIT. il
both the old parties are equally gai1ty
: lessialst iaseaaRdaaar eszeanalls
funsubservient to the beneficlariess b
! Especial privilege, then it is not only
!. the right of the patriot to form &
party of protest, but duty. Civil
. liberty is at once heritage and {
trust. We are recreant to the higher
requirements of citizenship if we fai
: to realize our responsibility Tn,
: ballot is one Of the weapons will
5 (which we must hold our ground. TIL,
? contention of the peoples patty pein,
y that both the old parties arc wrong
= We wage war, on both. Ours is tn
= two-edeged sword. In our campaign
it may happen that we de- create
damage to the republicans than t
! the democrats-as in 1892. when MI
- Bryan and other western demod at
S were induced by the Cleveland mana
y gers to vote for Weaver In anothe
L campaign, it might chance that tn
d greater damage is done the deinocr att
d In the one case as in the otheI. W
t would not concern ourselves dDous til
ID matter Such a result is the aGclden
L of war, not the purpose of toe cam
Is paign It is our business to preac
'e sound populism, which is soand Jc1
Y. fprsouiau democracy and tn Iii IN