The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1896-09-22

late issue of the New York World
contains an article entitled MARK
Hanna's Great Fat-Frying Enterprise. .
In this article the World alleges that
126 trusts and combines, which are
doirg business in defiance of law,
have been assessed to the tune of S10.-
100000 for the purpose of carrying on
the Mckinley campaign. In other
words, this is blood money, which is
willingly paid by the managers of
these trusts and combines with the be-
lief or understanding that they will
never be brought 70 time for their
Illegal mode of transacting business.
The total capitalization of these 126
trusts or combines is placed at ST.
505, $685. and while the subscriptions
made will not be felt by the different
arrangements, the stockholders will be
compelled TO bear the loss without
ever being consulted in the matter;
tsand the people at large-why, nearly
every citizen and laboring man in the
United States will directly or in
directly, whether Democrat, Republi-
can or Populist, help Mark Hanna in
ILLS lcSl-1l Hll45 plOGGSS III lIlS lGDSI
of maintaining a gold standard.
There are many who will doubt the
reliability of the statement made in
the World regarding the trusts and
assessments that the Republican COM
:nittee, headed by Mark Hanna, has
levied for the carrying on Of the Nc
kinley campaign; but a prominent
Salt Lake citizen and a heavy mining
operator, who has just returned from
Chicago, is able to corroborate the
statements contained in the article re-
ferred to.
This gentleman, who is a, staunch
Mckinley man, was a, frequent visitor
at Republican headquarters while in
Chicago. and it was during one of
these visits thar the World came out
with an expose of Hanna's method of
securing campaign funds.
1t seems that the secret of this
modus operandi Of obtaining grease"
for campaign purposes had been con-
fided by Mckinley managers to a
friend Of one of these gentlemen, VINO,
in turn, furnished the World with the
data for its article; and, according to
quarters when the Hcloven hoof'' was
exposed, the Mckinley men were
greatly demoralized and dumbfounded,
believing as they did, that their as
sessmenn on the trusts and combines
would never be made known to the
public.
In more ways than one the western
people and western miners and mine
owners will be compelled to defray in
part the assessment levied on the
combines and trusts by Mark Hanna
The lead trust for instance. is as
sessed 100000 The lead trust is re-
sponnsible, to a large degree, for the
recent slump in lead quotations, and
IN order to make UP and regain the
sum contributed by it to the Nc
kinley campaign fund, lead producers
will be called upon to pony" UP.
which means that this one-rnan con-
Germ will make a huctuation in lead
quotations at viii, to the detriment of
the producer who is at the entire
mercy Of this gigantic sw5ndling and
law defying concern. AS AN instance of
this assertion The Herald herewith
presents statement prepared by the
Dalton g. Lark Mining company, of
this city. which, since the slump in
silver and lead quotations estimates
that within the last forty-five days it
has. contributed to "Hanna's Fat-Fry-
ing Enterprise" on account of the
lead trusts subscription of 100000, the
sum of Sl7,7l4-
This amount is charged to the de-
TlreSSion i'll lead ana silver quotations, !
for which they are directly response |
Bile. and is itemized as Follows:
Loss on lead.-.-... .............. S11664
Loss on silver. 5,40O 1
Advance of cent a pound on
7arv7eI' :. Observation-Disclosures. 400
Advance on hams. canned
meats. etc. Observation-Disclosures. 200
Advance in the price of iron. so
r,
Total -.-...--.--.---...-- fA4
There are many others mines in the
west which have been involuntary con-
tr;butors to the Mckinley campaign
lsand. and thousands of men who have
been thrown out of employment on ac- (
count of the slump in silver and lead /
quotations can attribute their distress
and want directly to the system of
government that countenances and
lends the helping hand to trusts, COM
t1ines and n1onopolies.
THE STOCK EXCHANGE.
A blue Monday in the Pit-Bacon's