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Broad Ax, The (Newspaper) - July 22, 1899, Chicago, Illinois f out and makes naed by loniala free on em gold for ware Of ______ ude to tbat bj lt> owchalrat home. HEW TO THE LINE. CHICAGO, JULY 22, 1899. 43. WHAT IS MONEY? Why do we accept a Wt of paper or metal at a certain value? We do so because ot the credit or trust we put in it, that all others will take It from us at the same values. Withdraw this credit and we would not stoop to pick it up from underfoot. The things we handle and carelessly call money are not the real money, but only repre- sentatives of it. Now the representa- tive Is never the same as the thing it represents, aftd we knew that If there was not a bit of gold, silver or paper on earth we would still have all the money we need, and we do also know that a thing must be made out of what- ever is so necessary to its existence that If that necessary thing itself could not be. What is so necessary to money that no money can exist without it? There is bat one thing we can imagine and that is that very credit or con- fidence we spoke of. If there were no such a thing as human credit there could be no money. But mere stagnant credit is not must be in circulation. Hence money is credit In circulation by means of popular signs or tokens And the very origin of money proves this. For if all human trades had been even and no debts were ever made, no credits given money'had never yet been thought of. At first on some barter being uneven the credit was given to the debtor or the one who offered a thing of less value than the article he received In exchange for it. Then bits of metal, pretty shells, beads, vampum were credit being transferred to these from the person. Again, no matter what are our laws about money to limit its amount, this credit comes in a thousand forms to do the work of money. .1 As to that twattle about gold being of intrinsic value and thus final pay- ment when law so declares, and there- fore us anything be payment more than payment in fact and total cancellation of the debt? Very well. So when the acceptance of a creditor falls into his debtors hands that is payment and cancellation ab- solute. A government with revenues of hundreds of millions delivers its acceptances to its servitors, wno In turn hand them over to the public that owes and is constantly owing these revenues. That is payment and can- cellation above what any mere metal can ever be. The public credit is al- ways equal to the power of the public to raise revenues. As the acceptances given by the agency of the public to the servitors and contractors for- the public, fall Into the hands of the people who owe the revenues and pass rapidly back Into the general treasury it would be necessary to keep out perhaps twice the amount to serve as currency. No landlord, dealing exclusively with thou- sands of tenants, would ever need bor- row money of Individuals, as his ac- ceptances would be eagerly received by th tenats to pay rent with. Why gov- ernments should neglect the public credit, that greatest basis for currency, is inconceivable. But we do worse than neglect this public credit We have actually de- clared by law that a rare metal which is owned exclusively by one great house of London Is oiir sole legal tender. It was the policy of that house from. the start to own all the gold stock. Eighty years ago the Rothschilds loaned almost quite one half billion gold to several nations. As the gold stock of the world is under five billions that house to-day owns all the gold and the older national bonds secured by this gold. Were they to lose hold of that gold.they would have no secur- ity for the principal of their bonds. Had any house suggested- to us to make its own peculiar property our only legal would have regarded its impudence as appalling, and consider subservency in doing so as beneath contempt But we have done that very thing. So necessary Is money to the life of man to-day that they who own' the moaey.are'masters of the world. All oi our great .financeers, and our richest people are the trembling servants of that one they fcnow it can ruin the greatest of them by mere mandate. The RotachlHs from the first secured a monopoly, of ,Vall the Tesoorcea of quick-slim -inordertp control fte out- put gold. This fact alone anght to open our eyes to the conspiracy. What they will do now since new methods of separating gold are found is to be seen- Holt. Oregon, Mo. iNEWSPA'FERr PRESIDENT M'KINLEY AND THE NEGRO SOLDIERS. When it became imminent that this country would engage In warfare with Spain over the destruction of the bat- tleship Maine, it was naturally exepect- ed, that President McKinley, who has always delighted in expressing so much love for his black brothers, would un- hesitatingly favor their enlistment into the army, for the purpose of assisting to maintain the honor of this nation, against those who would attempt to insult her flag. But history has most emphatically proven otherwise. It cannot be dis- puteed, but what the President resorted to every imaglneable scheme to prevent the negro soldiers from participating in the Spanish-American war. He and the members of his cabinet were very much displeased when Governor Hoge Tyler of Virginia, who is a dyed- in-the-wool Democrat, insisted upon selecting negro troops who should be officered from end to end, by members of their own race. This act upon the part of Gov. Tyler was very displeasing to the mouth-pieces of the administra- tion. Their countenances brightened up however, when Frank S. Black, the Republican Governor of the great State of New York, decided that under no circumstances would he disgrace his State, by appointing Negro soldiers to assist in waging the war against Spain. We could produce much other proof to show, that President McKinley was very unfriendly to the Negro troops. But from necessity, or when he had thoroughly observed, that the whites were not breaking their necks in fall- ing over each other to enlist, it was then decided to permit the Negro to do so. Then they were transported la unfit cars to the extreme edge of the southern states, where they were sub- jected to insults of every kind, before being transfered to the seat of war, and shortly after their arrival upon Spanish soil, one of the bloodiest and most sanguinary battles ever fought in the history of the world took place, and who were the most conspicious soldiers in that terrible battle? Who continued the march up San Juan Hill amidst shot and shell? Who saved the rough- riders and their blatant leader or Col. from being blown into eternity? Who continued to hold Old Glory aloft and wave it over the prostrate forms of their fallen comrades? Who com- pelled the flower of the Spanish army to retreat from their block-houses and strong entrenchments? It was the Negro soldiers who performed these grand and heroic acts and deeds, and no other. After he had performed all these im- perishable acts, what has been his re- ward? He has not the honor and the glory been bestowed upon others, who are entirely unworthy to receive It? How many monuments and shafts have been erected to the memory of those black heroes, who led the famous charge up San Juan Hill, and where the bones of those who fell still lie? Has President McKinley ever intimated that it was his desire to have the re- mains of those black heroes who fell at San Juan and El Carney brought back to the United States? -No! But the remains of the rough-riders who had to be kicked out of the way so the Negro troops could lead the charge, and also the remains of other white officers and soldiers, have been returned to the United States, while the Negroes whose blood has been poured out like water on every battle-field from the Revolu- tionary war down to the present time, occupies graves unmarked near the place where they fell fighting for the flag which affords them no protection. Again it might be permissible to ask, bow many Negroes who distinguished themselves during the Cuban campaign have been promoted for performing gallant deeds? Jt Is true that some few men of the Tenth and several other regiments, temporarily promoted, that is, in tte-volunteer regiments. But is it not 'that they have lost their com- mustering out of their regmeataj PPW PTOTC that President McKlnJey takes no stock to Negro he is endeavor- ing to rid the Republican party of the responsibility, of standing as God- father for the Negro? In spite of these cold facts, the Hon. T. T. Allain, and several other supposed leaders of the Negro race, have assumed the respon- sibility of voicing the sentiments of the ten million Negroes respecting the at- titude of the administration, in dealing with the Filipinos. They have assured the President that the Negroes are will- ing and eager to enlist to assist in helping establish a new form of gov- ernment in those Islands. Why should any Negro who possesses any sense be swayed by sentimental foolishness? Does he not remember the treatment his brothers received from the hands of President McKinley as soldiers, why should he be willing to further assist to uphold the hands of those who delight In humiliating him? Why should he desire to sustain an administration which looks upon him as an Inferior creature in every respect, and only fit to fight its battles. Ah, no! My brethren, do not permit yourselves to be carried away with the idea that it Is your duty to fight against the Filipinos. Do not permit yourselves to be further disgraced and humiliated by sounding the praise of President McKinley. For he has proven himself an enemy and a traitor to the Negro race. COL. WILLIAM J. BRYAN. In the early part of 1895 The Broad Ax nominated Mr. Bryan for President of the United States, and it still claims the honor of being the first newspaper in this country to mention his name in that connection. It did not desert him, but supported him for that office until he received the nomination, then it continued to espouse his candidacy, with all the zeal it possessed, and as the American people will soon be con- fronted with another Presidential cam- paign, and as Mr. Bryan Is what we term the people's candidate, therefore, there cannot be any doubt as to his nominaticn next year which will be equivalent to an election. There is much Presidential timber within the ranks of the Democratic party. But we do not hesitate in de- claring that our first choice for that exalted position is the Hon. William Jennings Bryan. Let the party renominate Mr. Bryan and reindorse the Chicago platform, or, one similar in its construction, which will express the parties disapproval or opposition to the trusts, combinations, militarism, and expansion. By persu- ing this course it will march on to vic- tory in 1900. THREE FALSE LEADERS. Judson W. Lyons, H. P. Cheatham and John P. Green, called upon President McKinley the first of this week, and they assured him of the loyalty of all the Negroes throughout the country, and that the course which he has per- sued in the past in relation to the Philippine Islands and in all other, re- spects has met with their highest ap- proval. What rot and nonsense! Who has empowered Lyons, Cheat- ham and Green to speak in behalf of the ten million Afro-Americans Has their been any convention or confer- ence held in any section of the country recently, which passed resolutions in- structing these three political mounte- banks to pledge the support of all the Negroes to the present administration or are these three lackies of President McKinley acting upon the theory, that they are the three great lams, and that they carry all the other Negroes both great and small around in their alp pockets? Surely these three unknown leaders, who are receiving their bread and but- ter from the hands of President Me- Klnley must know, that the larger per- cent of the colored population have be- come utterly disgusted with the Pres- ident and the dissatisfaction is wide- spread and national in its scope. In passing we must pause to say, that the leadership of Lyons, Cheatham and Green is on a parallel with some of the lack-leg preachers, who thrive off the misfortunes of the race. NiU Messrs. Lyons, Cheatham and Green. You three gentlemen do not, represent the sentiments of the Negro race respecting its Indorsement of Pres- ident McKinley and we -will venture the assertion that you three, who are growing rich from office-holding, -while tasking in the sunshine of the Pres- ident's smiles, cannot control three- hundred voters. j NEW SUBSCRIBERS. The Broad Ax made Its advent last Saturday, and the Hon. C. S. Darrow was the first citizen of Chicago to walk up and plank down his money, towards helping to maintain it. Lawyer Fred- erick W. Job of 815 Macuuette building was the second gentleman to follow suit W. E. Ivens, dealer in groceries eto, 294 W. Lake street, entered his name as number three. John H. Cross, dealer in wines, liquors and cigars, 222 W. Lake street knows a good thing when he sees It, and he was the fourth to ad his name to our mailing list in this city. A number ot other substaln- cial citizens have become regular sub- scribers to The Broad Ax. CHIPS. Gen. R. A .Alger has tendered his resignation as Secretary of War, and there is no regret expressed over actions, for he has been the load-stone of the administration. During the month of August the city will be full of strangers, who will be In attendance at the two Afro-Ameri- can Conventions, and all who have fur- nished rooms to rent or who can fur- nish board to the visitors should make It known by advertising in The Broad Ax. Many prominent Democrats from all parts of the country were attracted to this city, owing to the meeting of the Democratic National Committee, which was a great success. The com- mittee made an excellent selection in the person ex-Governor W. J. Stone as Vice-Chairman. James A. Ross of Buffalo, N.Y., chair- mairof'the Executive 'and Campaign Committee of the National Negro Dem- ocratic Association, visited Chicago the present week, and attended the sessions of the Democratic National Committee. Mr. Ross is favorably impressed with this city and thinks It the paradise for the negro. The Chicago Tribune thinks it is out- rageous, upon the part of Col. William J. Bryan, to receive any compensation while he is engaged in delivering lec- tures. But we cannot see any impro- priety in this, and as the Tribune is the accepted organ of the administra- tion, its criticisms of W. J. Bryan carry but little weight. The Popular Science Monthly for July contains an able article on "The De- cline of Negro by Prof. Book- er T. Washington. Prof. W. H. Conucill of Alabama has also contributed a very readible article to the July Forum. These two contributions should be read by everybody who are interested In the race problem. stock continues to climb upward, Mr. Simon B. Turner, the power behind the Monitor .launched his new boom in a long editorial and he sets forth in Blowing colors the reason why the Gov- ernor should lead the Grand Old Party of this State and the reason why he should receive the united support of the negro voaers. But we believe 4he ne- groes remember the treatment which they have receivd from the Governor In the past, and 1A the 'future they do not propose to be caught with such bait. LETTER OF COMMENDATION. July 15th, 1899. To whom It may concern: Julius F. Taylor, who comes to this city well recommended, has begun the publication of "The Broad which, I am informed, will disseminate Democratic principles and contend for the higher Intellectual development of the Afro-American race and mankind in general. While he is thus engaged I bespeak for him the hearty support of all loyal and true friends of Democ- racy. Respectfully, Carter U. Harrison. WANTED. One or two energetic solicitors and also a good right-up man can find em- ployment by calling on or addressing The Broad Ax, 6040 Armour avenue. NOTICE P. Johnson, Esq., of 22 N. Car- penter street, who IB well and favorably known on the west side is authorized to act as agent for The Broad Ax Any jxesrs to him, will find their way into its columns. SOCIETY ITEMS. Mr. Charles Winter Woods, instruc- tor In oratory at Tuskegee Institute, is In the city. Miss Luetta Price, of 4831 Dearborn street, has gone to Terra Haute, Ind., for a short visit. Miss Lydia Cunningham, af 2967 Ar- mour avenue, will spend the summer in Pine Point, Ind. Rev. Lewis Johnston, a faithful worker in church and school at Pine Bluff, Ark., is in the city. Miss Edith Caldwell, of Nashville, Tenn., is the guest of Miss La France Settle, 4206 Langley avenue. Miss Corinne Wilson, of 512 56th street, has been seriously ill with a nervous trouble. She is improving rapidly. Mrs. R. C Ransom returned to the city last week after an extensive trip, covering Wilberforce, Cleveland and Detroit. Mrs. Jennie Crutchfield and Mrs. Hattie Beard, of 3625 Dearborn street, have gone to Montreal, Canada, for the summer. Miss Lillian May Arrington, who was the guest of Mrs. S. B. Turner. 3112 La Salle street, returned to her home in Brooklyn last Tuesday. A reception will be tendered the graduates of the various schools at Grace church next Tuesday. Mrs. Am- erica Cooper is managing the affair. Mrs, J. M. Townsend, wife of Rev. J. M. Townsend, of Cincinnati, is the guest of her daughter, Mrs. Clarance Goggins, on Dearborn street, near 30th street. Dr. John G. Mitchell, Dean of Payne Theological Seminary, Wilberforce, O., stopped over in town last Sunday. He was the guest of Rev. Ransom. He left Monday for Denver. Mrs. Emma Stewart, who was con- fined by illness to her home, 4012 State street, has quite recovered her health. Attorney John G. Jones will leave in about a week for Cleveland, Ohio, to attend a Masonic Convention. Colonel John R. Marshal! and his niece, Miss Essie Arnold, left last Sun- day for Washington, D. C, where Miss Arnold will spend the summer on a visit to her parents. Colonel Marshall will return in about two weeks. Mr. Richard A. Crolley was tendered a reception by his many friends last Monday night, at his residence, 5516 Armour avenue. It vis a farewell party, as Mr. Crolley has now gone to visit relatives and friends in Tyber Ga. Mrs. Daisy Robinson Williams, the pianist, was granted a decree of divorce from her husband by Judge Ball, of the Circuit Court, last Monday. She resumed her maiden name of Robinson. Miss Robinson lives at 4609 Vincennes avenue. The funeral of Mr. David Henry took place from the residence of Mrs. Chand- ler, 368 27th street, last Saturday, his death having occurred there on the previous Thursday. Mr. Henry was a well-known stenographer, and held many positions of honor in his life- time. He was a member of Grace church. Last Tuesday evening, Mrs. Theodora Lee Purnell gave a reception and danc- ing party at her residence, 43 29th place, in honor of Miss Johnson, of Detroit, who has been her guest for the past week. Miss Mabel Wheeler, of 6440 Langley avenue, also entertained last night at a dancing party, in honor of Miss Johnson. Qulnn Chapel has been celebrating its 52nd anniversary all this week, and every night has seen the church brilli- antlly lighted, and the scene of much entertainment. The lecture room was filled with seven booths, presided over by the prettiest members of Dr. Carey's flock. Mrs. Carey was the leading spirit in the enterprise, and whatever success was achieved, the credit Is largely due to her work and Interest. llBiinfaetnrcd Salt. A new industry IB springing up In Northern wells for salt water to manufacture salt for mining and domestic purposes. One company has secured 120.000 acres of salt water territory at Camaron, 120 miles south of Laredo, and hare.struck water containing 12 per cent salt, worth from 1 to 3 cents a pound. MIXED PARAGRAPHS. There are In the United States summer hotels. Paris has nineteen theaters and four circus buildings. President McKinley has received the LL. D. degree from seven colleges. About half an average crop of ap- ples and plums Is expected tn Iowa this year. Philadelphia collected as taxes on trolley company dividends last year. To clean asphaJt pavements in Utiea last year cost about two cents a run- ning foot. Buckingham Palace has a scent fountain, which on state occasions is fed with cologne water. The forest area of all the British possessions In America Is estimated at about acres. Don Jaime, the only son of the Span- ish pretender, Don Carlos, has just won in a lottery. Congressman Ketcham of New York has served In thirteen congresses and has never made a speech. Ex-Cougressman Simpson says he enjoys bis editorial duties more than he did his work as congressman. Baltimore has the largest negro population of any city in Christendom. The census is expected to show at least President McKinley at the last White House reception broke the hand-shaking record by greeting 4.816 persons in an hour and forty-five min- utes. The area of the Pretoria diamond fields continues to be increased by dis- coveries In almost every direction, and the yield from the extensive wash Is reported as highly satisfactory. The invitations to President MrKin- ley and President Diaz.to attend tie Chicago celebration next October are inclosed in handsome mahogany boxes made from the old government build- ing at Chicago and lined with inirple velvet. MISCELLANEOUS. An international exhibition of postal cards will be opened in S'enice in July. Yang-Tu. Chir.a's delegate to the peace congress, was educated at Har- vard. Mexican dollars are current ail over China, atid when they can cot be had block silver, uncoined, is used. Prof. Hadloy, who saw the 'iale- Princctnn basebal! game, was the first president of Yale in years to attend surh a contest. Jacob Field, Wail street's greatest plunger, estimates ihat be has paid out in revenue stamps since the beginning of the war with Spain. Mr. Sidney Cooper, the English artist, who is now Hearing his ninety- sixth birthday, had four paintings on view this season at liurlingtou House, and sold all of them. The dogs in Bam well county, South Carolina, are returned at a valuation of while the assessed value of the entire properiy of ;he county in sheep and goats is A toboggan slide in St. Merits, Switzerland, extends three-quaj-ters of a mile, and is raid to be the longest in [he world. The descent has been made in seventy-one seconds. In Switzerland a milkmaid gets bel- ter -wages if gifted with a good voice, because it has been discovered that a cow will yield one-fifth more milk M soothed during milking by melody. The cake at English weddings is al- ways a star feature. Usually at a fash- ionable affair It is fully six feet Ligh, and is a marvelous architectural struc- ture of icing adorned with flowers and figures. DUNS AND THEIR DOOES, lovely I guess the man we bought It from 'Is sorry now he sold it; he's always calling to look at Brooklyn Life. If I must write to Mr. Bray about his extortionate bill, should I say, 'Dear Mr. Mam- under the circum- Journal. "Is your father at asked a caller. "What is your name, Inquired the little "Just tell him It Is his old friend, Bill." "Then I reckon he ain't at home. I heard him tell mamma If any bill came >u wasn't at Falls Transcript Little mamma says yon live in a haunted house.'' Little idea. We don't Cither. Nobody ever heard of a ghost Inside of our bouse.'1 Little but It's always haunted by a crowd of Pantagrapb,
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