The daily morning journal and courier. [volume] (New Haven, Conn.) 1894-1907, 1899-07-31


are formed to regulate the production
as well as TO fix prices and rob the peo-
pie in defiance of law. l am not sur
prised that the world is more wealthy
than formerly but l am amazed at the
rapidity which this increase is making.
In 1920 A. ID. the worlds commerce only
reached $44O 100000, but in 1890 it had
increased to SIG, SS5, 900, 900. The increase
in money was almost as marked The
total value Of the gold and silaer of the
world in 1900 was $44S9, 100000, but in
ninety years, of 1890, it had increased to
$15,G75 900, 900.
1.-THE most dangerous element, howev-
err in this rapid accumulation is the fact
that this great wealth is congested,
Money, like blood, is only good when in
circulation, therefore the tendency to-"
ward corporate wealth is such as to
awaken alarm. There are 200 companies
in this country whose total capitaliza-
ton exceeds $12, O00,0 00 Every man
feels the power of this wealth thus as
ISOLATED. The establishment of these
monopolies is a deviation from republic
can simplicity and a menace to our lib
critics as American citizens, their contin-
uance simply means an aristocratlcal
combination of power that will soon
openly dictate laws as it now defiantly
breaks them, Every citizen of this land
is paying tribute already to this mon
eyed power When a laboring man
awakes in the morning he looks out up
on the earth through window glass, the
price of which was fixed by the glass
trust. If he rises before light, as many
toilers must the match he strikes came
from the match trust and the oil that
| gives him light is dealt out to him by
| the most gigantic trust that the world
| ever knew, a trust with $2000OO,0 900 cap
| ital. When he dresses, again he feels
the power of the trust, even his boots
came from the leather trust All through
| life he must pay tribute to this power,
and even if he dies he is not free, for
| the casket trust will again tax him be-
| fore burial
This element in the race for wealth
is not the only one to consider. IndiVid-
ual possessions have increased beyond
all precedent. In 1925 there We're but five
| milionaires in the United States. At
the present hour there are 4,700 and one
man at lease whose income exceeds ST.
100000 month. John D. Rockefeller is
worth nearly $20000O0O0. This enormous
sum of money we cannot realize. If
Adam had gone to work at creation for
So per week salary, and had worked
every week since, he would be still on
his job not having secured the wealth of
one man now in our nation less than
fifty years of age. The total valuation
of the state of Florida is only sol ,761 ILL., |
SO that this one man could buy and
oil ho nd
in two states the size of Florida Nor
is this man alone. Twenty families of
this country own one-sixth of the |
wealth of the United States. With our
government aiding in this race for
wealth the capitalist and monopoly, we
are but at the first quarter of this excit-
ing contest for the possession of the |
earth. Congress has already voted 49,
4423S6 acres of land to the corporations,
enough territory to make nation twice
the size of Japan or five times the size
of all the New England states. Had the
government voted this land for cultiva-
ton to the laboring classes 1000, 900 men
with their families might be in possess
sion of that number Of farms containing
eighty acres each.
Still another feature of this money
evil is its illusionary factors. Wealth
neither brings honor nor happiness when
accumulated under such circumstances
He who seeks happiness in riches is
seeking honey in a hornets nest.
Man is not like a pitcher,
He will always hold
A little more gold,
And never so rich, he wouldn't be richer.
"No amount of money will ever satisfy
the greed of human heart. A servant
girl was overheard to say, Il would be
perfectly happy if [ had hundred dol
lars Her employer being very wealthy
thought to make some one happy and
left in her room unobserved a hundred
dollar bill and happening to be present
when she found it; her only reply was,
80, | wish I had made ii two hundred
These conditions in the midst of increas-
ing poverty and decreasing wages for
the poorer classes is breeding discomfort
which is more dangerous to our alton
than the invasion of foreign foe, The
mightiest question before any nation
confronts our own people. Home rule is
not to be compared with it. It's ques-
ton whether we shall have any homes
to rule very long. While politicians are !
discussing Is the tariff a tax?' the peo-
pie are wondering how long they will
have anything to tax. | know we are
told that our statesmen are sound men,
and I think they are; more sound than
anything else. OF course they are good
men, for all men are good, some are
good for something, and others are ,
good for nothing While patriotism
seems to be swelling in the hearts of
our congressional representative the I
toiling masses, which are the true man 7
hood of our nation after all, are singing: ,
Shall the land of the free and the home r
of the brave, +
Become the land of the rich and the 1
home of the slave?
This race for wealth has created in h
our land some unAmerican and danger +
1us conditions which may be summed v
Up as follows: ID Continual changes in r
he value of money. (2) Unjust discrim- s
nation in taxation. go Undue power of
he rich. t4) Governmental favoritism d
oy special legislation in favor of the t
'ich. 60 Inequitable distribution Of the h
of labor. (6) The absorption il
If all business in the concentration of
capital. All these produce poverty and
distress among the masses while the
favored few are enjoying wealth and T