The weekly clarion. [volume] (Jackson, Miss.) 1863-1882, 1882-01-04
q Iz toneds wedding

There vas high-Eonsa Wedding =
New York Cit the other day Jen-
kins was o. hand to describe the wealth
ST superb silk brocaded velvet, point
lace, ard brilliant diamonds il which the
coteris dispoFEsa themselves Accord
ing 70 jenkins. the wedding dress Of the
bride, who vas the daughter Of the
corporation millionaire. W H Wander
biz, was made Of white satin, brocaded
with threads az silver II 4 unique
pattern that suggested the silver Innings
81 summer clouds. The front of the
skirt was IF cream white satin, COM
pletely yelled by founces Of rarely fine
point lace. The train Of silvered bro
cade was Of great length-12s inches
aud the pointed waist was of the same
costly material with a great deal Of lace
around the neck and on the half long
sleeves. Her veil Of point lace, OF the
same design as that Of the founees, was
fastened By crescents of diamonds and
white feathers. Her jewels were pearls
and diamonds. The bridal gift of the
millionaire was brown stone front
palace, and $3.50, 900 in United States
bonds. On this last investment, the
millionaire thanks to the legislation in
favor of monopoly has the satisfaction
of knowing that not cent of taxes can
be collected for the support Of federal,
State or municipal government No
matter who else groans in the flesh
when the tax gather comes around. the
millionaire's daughter in her regal palace
viii have nothing Of the sort to yex
her. And this is scarcely drop from
the ocean of the millionaire's wealth.
He owns fifty millions of United States
bonds, besides unnumbered miles of
railway. Regularly he uses the favor
lite implement Of his privileged class,
the scissors, and clips his coupons that
call for about $500, 600 quarterly, Cor
81, 900. 000) year, which he draws
from the public treasury. 1t is an un-
falling harvest. The storms may come
and blight the grain crop and destroy
the cotton crop and every other kind of
crop which the laboring people produce,
but Vanderbilt's crop never fails him.
lie can count upon his golden harvest
with the same precision that he reckons
the time of the day, or the day Of the
month. These $1,000, 900 which he
gathers yearly from bis untaxed CAPT
tai, he invests in other untaxed bonds
and so his wealth accumulates and the
toiling people out of whose sweat and
blood it is all coined have the privilege
Of grooming and bearing their burden.
How have Vanderbilt and his class
been enabled to gather up all this ''gelt"
while the producing people at whose
expense they have operated, remained
unconscious of the way they were
robbed? A writer explains it. He
says:
To keep the people from comprehending
the intent of their swindling operations,
and make an exhibit of only legitimate
profits, they water their stock, and make
profits upon capital never invested. Atone
time the stock of the N. Y Central and
Hudson river Railroad Company was
watered to the extent of forty-seyen dollars,
and in thirteen years this watered stock has
drawn dividends amounting to $75, 900, 900,
and is about 40 per cent. above par-all
drawn without compensation from the
pockets of productive industry. No won
der that Vanderbuilt holds in his hands
fifty millions of interest bearing bonds
Now, if the rights of the people
could be asserted against the interests
of capital, the public debt which these
untaxed bonds represent would be paid
as soon as possible, and the owners
forced to invest their capital in enter
prises that pay taxes to support the
government, and at the same time en-
ploys labor.