The representative. [volume] (St. Paul, Minn.) 1893-1901, 1895-06-05
MONOPOLY MILLDEW,
REPUBLICAN AND DEMOCRATIC
PROSPERITY.
(Rv Paall Fnnfainal

(By Paul Fontaine.)
To the Editor:
The following are only few of the
evidences of the much promised re-
turning prosperity made on condition
that the people would restore the Re
publican party to power. How many
deluded partizan dupes are heart sick
the next election will demonstrate:
Arizona Bankers indicted. Grand
| jury at Phoenix finds bills against them.
R. E., p P. and w. A. Daggs, propri-
etors; w. L. Horn, cashier; p. B. Nc
Cabe, attorney and director of the Tenn
pie bank.
Ever since the formation of the
Leather Trust and boot and shoe man
ufacturers' combination, great rivalry
has been manifested by the shoework-
ers' unions. Chairman Brewer, of the
General Council of Shoemakers, has an
nounced that general strike will be
7 ordered in August, unless an increase
of wages is granted. What wonderful
Republican prosperity.
The Pennsylvania railroad settles. A
dispatch from Logansport, Ind, says:
The Pennsylvania Railroad Company
paid to County Clerk Bliss today S12,-
532.77, the amount of damages recently
awarded Arson Wolcott for failure to
furnish cars for plaintiff to transport
grain. Wolcott is grain dealer at
| Wolcott, Ind, and during raise in the
price of grain was refused cars in which
to ship his grain to the markets.
mt
mercial, of Kingfsher, Indian Territory
closed it's doors this week. The assign
rnent was made for the benefit of it's
creditors. Such is the pleasing infor-
nation brought over the wires Would
not those poor creditors prefer to have
their money? Then support the PeO-
pies Party and secure government
banks.
Debentures tumble The Union De-
benture Company, of Minneapolis, has
gone glimmering into the soup kettle
Of old party prosperity. Dun & Co. are
preaching what great prosperity we are
getting! If you can hang on until the
old parties are swiped out of power you
will then get relief, and not till
Bonds are worthless. The cities of
Ohio given chance to repudiate. Judge
Kicks, of the United States Court, on the
oath, handed down a decision affecting
millions of dollars worth of municipal
bonds issued on the authority of special
legislation. Bonds issued without a
two-thirds vote of the people are prac-
tically declared to be worthless. Their
redemption can be restrained by any
taxpayer on the ground that the act
by which they were issued was uncon-
stitutional.
New York responds this time-Com-
mission brokers walk the plank to the
soup kettle. Advance in stocks and
grain causes their failure. Polite, re-
spectacle gambling business, such as
this firm was carrying on, should be
suppressed. Their liabilities were over
100000 and assets nothing. The num-
Der of losers by the failure is said to
reach into the hundreds The firm was
short of cotton and had been so for
some time. The concern also had mem
bership on the Produce Exchange and
was short of wheat. 1t was not a mem
Der of either the stock or consolidated
exchange, but was connected with the
Chicago Board of Trade through Lam
son Brothers & Co.. of Chicago.
After the failure became known the
Offices of Stevens & Co. were crowded
with customers of the firm, who said
they had buying orders and should have
profits coming. They were anxiuos to
have some member of the firm explain
why customers were advised to buy
while the firm was selling. The prin-
cipal partners are James Stevens and
his wife, Louise r. Stevens There are
three special partners, one of whom is
| T IS 0~J4@ I'M
others are business men Of high stand
ing here.
Cooper shop lockout in Minneapolis.
Boss coopers have shut down indefi-
nitely. This order effects at least As
men.
Railroad tied up-A Monroe county,
Ohio, sheriff tries the Debs act May
II a passenger train, engine, three cars
and several freight cars Of the Bellaire
GAINESVILLE & Cincinnati railroad were
attached at Woodsfield, on an execution
for delinquent taxes amounting to
$4,000.
Another bank goes into ozone. The
bottom fell out. More Republican pros
perity in West Superior On the 9th
ult the Douglas County Bank went into
voluntary liquidation. The Northern
Trust Company will close up its affairs
The loss there is $11S,O0O, of which the
dear people (the city loses $4,000 and
the state $25,000) The finest banking
system on earth.
Strike still on. Information from
Providence, r. l., May 26, says there is
little or no change in the situation here
The strikers will hold meeting tomor-
row afternoon to discuss the PROPOSE
ton of Hon. E. l.. Cannon to submit the
question at issue to arbitration.
The coal strike at Pocahontas, Va
is still on. Great Indignation exists at
the effort of the coal companies to dis
possess the men who refuse to work in
the southwest Virginia mines, and the
Hungarian consul has been written at
Pittsburg, to look into the matter.
Manufacturers of wire nails pool their
Interests. These robbers will fiddle and
the people will pay the bills. How mar
row, bigoted and partizan we Ameri-
i cans have become to quietly submit to
these taxing monopolies. It is said that
all the plants in the country will be in
the combine except the Philadelphia
and Joliet mills, which are operated by
Booker & Co., of Pittsburg, under lease
Manufacturers Of wire nails have re-
fused to quote prices for delivery after
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