The workingman's advocate. [volume] (Chicago [Ill.]) 1864-1877, 1867-09-21
CORPORATIONS RULE THE coUE-
TRY.


We boast ourselves an intelligent people.
Whether We are 30 10 Q qusstion which .
few years more will definitely settse. The
incubus Of negro slavery crushed ont hu
aanity in the South until IL became Sod
ON, that only ths reign Of Gre aud brin-
.toae could cleanse and the North became
20 far demoralixed BY IL that IL vas some
time before il could be deserminsd whether
It would not share the same fate. Bas
amidst the surgisg fres Of revelation ID
cas-, after while, discovered that one good
sBsct had come out Of our republican insti-
tuition. The quiekening power Of individual
responsibility aroas the industrial elassss.
intelligence, united with bosest industry.
saved the land, in spits Of bsd generalship
and still worse ct ltesnanship. Having re-
moved the nightmare Of slsvsr from the
black man, the iDdastris t.ssscs can now
|Akamine the situation car slly, and see that
the uplifted load d6af SO % cks6es t.
fern that il comes tsck with redoubled
force upon the backs Of Losb white and black
Ia5orers. II so, il can only be hftsd again
sbrough revolution. Slavery Is one form OF
Institutions" which makss one class earn
Tho living. and GRANTS the blessed psrqsisis0
70 the other class TO eat it. .'-'shsous paying
for it.
/ Corporations are the modern and more
comprehensive MODE Of procuring the same
result, more extensively, and much more &C.
cretly and certainly. The principle in both
''instisrsions' 10 the same. Bat slavery rs-
ouires personal supervision Of the sabiecs
70 obtain the fruits OF tho slaves labor !;
corporations reach the same result through
the opssation Of their legal machinery, with
out coming in direct contact with the sub
ices or SLAVE. The question Of these Lawn
and their practical working may be seen by
he following extract. taken from the daily
presss upon the subject Of rsilrsads;
" oeasidsrsbls agitation has been caused In
6nsncieI circles BY DE announcement that Mr.
James Barton, the veil Known author, had pWb-.
ished = trsssiss On The Relations Of Railroas
Oorposatioas % Party Poaifiss' IL sets forth, In
Considerable DETAIL the working ofssversl roads,
chiefly, however. the organIzation and manage.
'nent Of the Chicago 3 Northwestern Railasy
Company, and its depepdencscs. u Il alleged.
that within three years fhe chief officers have.
'ssued new capital, without corresponding In
crease Of assets, amo1nting 10 over nineteen
nillions Of doiiars also, that about three MIL
sons have been divided among the directors by
the Transaction. That the dividends psid have
been borrowed at q loss Of neerly thirty pef]
,ent. Is b also asserted that the rates Of ixans1
poriati0n have been raised dong the lines from
80 TO 30 per cent on the score Of earning fair
return for this Fictitious capital The article
broadly intimates, also, that vast sumo Of these
mooies are spe-t for electioneering purposes,
nc. among other things, 70 pay the expenses Of
Mcclellan In Europe"
This may or may m, ~ asserted, hsve
made "considsrabIs agitation In financial
eiralss," but the question in labor circles Ii,
not how these fogues cheat one aadshsr, but
how beth, and al elassss Of eosporatsrs
nsnsgs to rob the labsrsr and produesr
sad when the question j. fuiIy sxsnined IL
sill be sesn that coinage u ct The bass, sud
currency, bank, railroad, and III oder co.,
nsrcial stocks are bat gildsd pislsres 10 sn- |
aba these roguss " become ths swuas oil
What they do not earn. 50 ~, GovannsstI
i ANAL side agency established for ths
'pssial bensft Of these privileged elasssu,
nd seainst the labor dr.. No xondsrI
'hst thsss psn, shEs ieektas dsun rstk