Democratic Sentinel, Volume 15, Number 46, Rensselaer, Jasper County, 4 December 1891 — Page 1 Advertisements Column 3 [ADVERTISEMENT]

/loalDßaking Used in Millions of Homes— 40 Years the Standard.

English Spavin Liniment removes al 1 Hard, Soft or Calloused Lumps and Blem ishes from horses. Blood Spavin Curbs Splints, Sweeney, Ring-Bone, Stifles Sprains, all Swollen Throats, Coughs, etc Save SSO t>y use of one botile. Warranted the most complete Blemish Cure ever known. Sold by Long A Eger, Druggists, ~ Rensselues, Ind. Itch on human and horses and oil animals cured in 30 minutes by Woolford e Sanitary Lotion. This never fails. Sold by Long & Eger, Druggists, Rensselaer, Ind.

THE NEW PARTY AND ITS TENETS. [lndianapolis Sentinel.} The virtual determination of the agricultural politicians on a fusion of soci. eties and independent action in polities is one that will be a source of relief to politicians generally, not so much from any effect that it will be expected to have in the next election as from a desire to know what the managers of the party intended to do. This information is of considerable importance in drawing the lines of battle and in anticipating who and what you have to meet, ft is something like the man who lost a cent, and after spending several hours in search for it, was remonstrated with by a friend for wasting so much time on a thing of so little value. With offended dignity he replied: 71 don’t care anything for the cent; I just want to know where the d- d thing is.g It is difficult to imagine how the third party element of these organizations can be much wore formidable when acting as a third party than they are when controlling confessedly non-parti-san societies. Whether they are or not it certainly is much more satisfactory to have them out in the open, where other parties can combat them without the apprehension that every shot is as liable to kill n friend as a foe. The action will also, we imagine, have the effect of opening the eyes of many members of the organizations to fbo political designs of the leaders. The organization of a new party does not necessarily mean that the ideas which its members advocate cannot be attained in any other way. It is very frequently due to the fact that its leaders think they have nursed their infant to an rge wnen it may be made of profit profit politically. The latter theory will ptobibly explain the present action, and whether it does or not very ma, y persons will believe that it docs. There are doubtless many members of these organizations who under stand and appreciate their advantages as agencies of education, that will not be ready to follow their leaders into a movement for political aggrandizement. We believe that the mass of the members are in fact opposed to third party scheme.— They have been held by reiterated professions of non-partisanship up to this point, but when confronted by the certainty that allegiance to the new party means disloyalty to the old, they will not be carried beyond their present position. So long as a man could remain a demo crat or a republican and still hold membership in tne alliance, 1 o could havd some hope of bringing bis «arty around to alliance ideas. Now this hope is dispelled. Neither mountain will come*to Mahomet, nnd therefore he proposes to tear them down nnd make a mountain of his own. It is a pretty large contract, but go in Mahomet! We will do what we can to help you get dirt off the other mountain.

The situation is further simplified by the attitude ot the supreme council toward the nnti-sub-treasury people. The new party will swallow the sub-treasury scheme, land-loan scheme, ano probably numerous other phases of communistic paternalism. This wdl form the distinguishing difference between the new party and the democratic party. Of course, 'the new' party will probably land on the wrong side of the woman suffrage, pro bibition and other minor questions, but that will be of no great importance. The important distinction will be the financial schemes. The anti-sub-treasury people will probably find their way to the democratic camp. Certainly if they follow the thoughtful argument of the protest of Thursday they will not be far from dem ocratic principles. There are verv few democrats who will not accord heartily with the political tenets laid down by Col Yeaman in the concluding paragraph of his protest. With the co-operation of farms) s in business matters we have, of course, no concern. They look after that for themselves, and other people will do likewise with their affairs. We may here coi.siderpiofitably what Is meant by the financial projects of the alliance. In 1880 the total assessed value of all properly in the United States was ?1 <1,1’02,993,543, and it was estimated by the census bureau that the true value wss $43,<>42,000,000. Of the latter amount $ 1.0,107,000,000 was the estimated value of farms, not including improvements. The estimated value of all property by Mr. Porter’s ten-million dollar census is $24,749,589,804, and if the same properties exist now as in 1880 the probable true value is $02,010,000,000, of which $15,000,000,000 is farms. Under pr> sent assessments land loans to the i mount of one-half the assessed value of farms would make an increase of $3,000,000,000 in the currency in circulation, or about onejand one-half times the total amount now in the country. But tho present assessments are all below the true value and utterly destitute of uniformity. They varied in 1880 all the way from 25 per cent, of true value in Illinois to <lB per cent, ot true value in Wyoming. Under the assessments of the past five years an Indiana farmer could get twice as Urge aland loan as an Illinois farmer on a f«rm of the same selling value, and as our assessments this year has increased from about 18.5 per cent, of true value to about 70 per cent, of true value the disproportion will continue to increase every year. The obvious tendency of the land loan system would be to raise assessments to the true cash value, and when this is done the increase in circulation may reach $7,000,000,000. When to this is added the increase from the sub-treasury Joans, the pension issue, etc., the proposed inflation of the currency will reach between ten and fifteen billions. The merest tyro in finance ought to be be able to foresee the ruin this would produce, but supposing, for argument, it did not produce ruin, bow would it help