Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1897-03-31

shM lORks
coffee monopoly. MT Jarvle the
Arbuak!e mp ny ia on the stand aud
Senator Le&3w asks:
What was the original capital con-
tributed to the WOnlso cJmpany?
Answer. Fl ty por cent Of the initial
alOck, ana the capital stocg was $780,
900. The par value was 500 a share,
Uut it 10 worth about ST. 200 now.
Then, said Mr.. LexJw, tue dividend
OF n ty per cent was really equal to an
annual divide nj OF one hu Idred per
cent on the amount OF stock that was
actually paid up. Do you think 1t l.
tar that such profit should be- msu,2
Mr.. Jarvle bositai en.
Do you thilk 1t is "a state OF affairs
that the peopls wi!l long tolerate?
Mr.. Jarvie still hesitsted, and Sen.
| ator Ltxow Went on:
Do you think that the making
enormous profits by corporations
| through the control OF the necessities
| OF life, and tne knowledge that the
people have Of the business methods
employed TO make these enorm ,us
| prOfits, is what creates In the publ c
mind the bitter feeling that .Xiste
to-day agai st the c1rpOratio 4? Do
| you not think that to carry ON a ousi.
moss IN such manner a8 to raise a
surplus fund nine tunes AS large rs the
| original capital IN a few years, aud to
| pay Il ~ per cent annual dividends be-
-lles Is more than fair return on the
investment?
The speaker explained In a chsrac-
ristio manner the development Of
ssveral OF the larger truste, Including
The late famuus b0ud syndicate.
Coming tO the coal combine, he said:
THE Incident OF the bond purchase
had scarcely passed out of press when
symptoms OF gigantic combination In
the coal trade began 10 make their sp'
Dearauce In anu alb ut New York.
Traced to Its origin, there, 10 anu be.
holu! was the fiue ItaIian hand OF Mr..
y wrought upon with the same
devoted and untiring interest In
tue public veal as were mani.
est In mis- bond transactions.
Passing oil details, we can get at the
character OF this piece Of work from
lew figures quoted In evidence before
the Lsxow cJmmitlee. Ii was there
revealed that the amou at of the cjsI
prol not Immediately Affected by this
combination was 40,U00,000 tons a
year, that through the operations oil
the combination the price oil cOal had
been advanced 81 per ton. Thus with
In one year ware the CONSUMERS OF
coal In and about the state OF New
York M de $40, 900, 900 poorer anu the
members oil the combustion $4J, 000,-
900 richer ihr ugh the patriotic
services OF Mir. y L suspect you are
all ash my yOurseivee, how could ne DO
1t, especially alta time when millions
OF the people of this great and goad
land were starving or freezing through
the pinch OF pfotrac,ed hard times.
Were the time 10 do 30 At my disposal,
L could make 1t clear to you that to
transfer $4,000. 900 from the pockets
OF the pc Jpie To your private balk &C.
count is 10 simple and easy, when you
are hxei Tor the business, as it iB to
work ten hours for q halt dollar, and
much simpler thau to appropriate a
Loaf OF bread to your private use when
you are hungry without paying for 1t.
We must here leave the sy Indicate
worlj tor the present and spend few
moments beiore closing with the
world which the syndicstes,are wont to
regard as theirs, mean the labor
world. In this / can do little more
now than to Indicate the direction In
which you shou Id look for sign, as.
surfing all that when the sign appears
above the horizon II Will be reoog niz ID
| al. once. AS beginning let your
thought rest tor moment upon Cor
many. A half Century ago those
sturdy people were absolutely ulder
the feet Of y ruthless aristocracy, But
Tree schools, Tree discussion, q partial.
ly free prsee, and finally the ballot
uox, have come along, each in Its turn;
then the agitation OF social wrong,
then political organizations, books,
orators, popular leaders, voice III
the national councils, ana finally the
balance of, power In the popular assem-
bly,, which can say stop with a voice
OF authority, even TO the king when he
plays the tyrant. A Jew weeks ago
the young emperor, exaspersted be.
yond self control by these growing
obstacles to his vsulting all billion, gave
mouth 70 tho declaration t at social.
lam NJ Ast 60; there was nut room for
sucn people within his empire. The
snswer came promptly back from tn.
sociHiistic press: "rDen let him look
out Tor bis crow the people can and
will protect themselves"
From Germany let us once more re-.
turn to England, the recognized cradle
OF tnls great industrial revolution,
While the one-eighth of the queel d
subj CTS are virtually making all the
laws, enjoying all the pr fits OF indus.
try, and Of course spprJpriating to
themselves all tho benefits OF govern.
ment which are worth having, what
are the seyen'eig think ny and
doing2 AZ has been said before
men who read are certain to tbil k
and men who think arc sure 10 pu,
their thoughts to work s1oner or Iaier.
aud We shall see that this enslaytd
seven'eighths, EXISTING only by the
suff re CO of thsir masters, with no
real incentive ior love OF country save
the Goo given ipstiHct o. all noble
meD and women TO be pAtrio ic, even
such as these are not an exception to
that natural law.
A few years ago an heir apparent T.
the Imperial throne sickenei and die1
Of mslndy which was cpmmonly 70.
earded throughout the ring ON as the
product Of certain loathsome habit.
wh CHI royal patronage Tor generations
has aouVht In vain to sauciify Tn.