The times. [volume] (Richmond, Va.) 1890-1903, 1899-07-19
wu,TarTACKs UpONCapITAL DO

Iation.
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WHAT ATTACKS UPON CAPITAL DO
The following article from the Finan-
cial Chronicle contains 50 much food for
reflection that we give space 10 It IN our
editorial columns IN full II IS as follows;
We now and then get a glimpse OF the
way in which state hostility 10 the vafl-
Gus forms OF combined capital dcprives
any commonwealth engaged In such work
OF the benefits and use Of all capital That
is not so fixed that IL cannot be- trans
fcrred Most Of the harm such hostility
does 50 IS impossible definitely 10 trace
for rs action and movement are hidden
We know theoretically that floating capi-
TAI As mobile and quickly deserts the iO-
cality where It's burdens are unduly in-
creased Tor one where they are lighter
But generally We can only gain evil
dences OF its flight through long reaches
OF time. and where capital is more OF
less fixed the movement is still more
difficult 10 follow. The harm. though,
done n an affairs Of this kind to the
material interests Of the State IS unques-
nonable. development which an article
in the Chicago Inter Ocean" calls at
tention 30 is q case i'm point. II is. too,
involved. We refer to the withdrawal
of the Standard on Company from Ohio.
The cause of this move. says the paper
referred 90. 'is the series Of onslaughts
made ON the corporation by The Attor-
ney-Gcncral of the State" Having Dee
come tired OF being treated as a public
enemy it is simply leaving the common
wealth
What does this move involve? The
Chicago Inter ocean SAYS IL involves
a great deal more than the transfer of
the corporate domicile. 10 means that
Cleveland, the cOmpany's headquarters,
wiu lose a large Office force and the use
of immense deposits of money. 1t viii
lose the great manufacturing plants.
which are 30 be abandoned. "The ice
fncry at Cleveland the parent establish
ncnf and the second largest of its kind
ln The world is TO be left idle. its coop
eraco factory. the largest one ever ope-
rated ie already closed Thousands 'oI
v-orkiuemcu in Cleveland alone have for
years been employed al good wages Do
The plants of the Standard oil Company
An of them Will now suffer
Do is hardly too much 90 say That me
Standard OH Company is To Cleveland
v.nat the Union stock Yards are 90 chi
eapo Bach concern is the head centre
of one of the greatest industries of Che
Times There IS a great deal of refining
in other cities than cleveland. as there
Is a great deal Of packing outside of CHI
caro but cleveland Us largely indebted io
Inc manufacture of kerosene from petro-
loum for its extraordinary prosperity 10
owes more 10 John Rockefeller than to
any other dozen citizens.
Whom tho oil fields of Northern Penn
evlvania were films American homes
with "a brilliant and cheap, but Disagree
able and dangerous. artificial light, Ali.
Rockefeller. then poor man ON "a smaH
salary. conceived the idea of great cen-
trail company 90 handle the product ana
improve the methods Of manufacture.
o The general public has no reason
10 COMPLAIN. and never has had. Quahiy
has been improved 20 the point SIS near
absolute perfection as it IS possible 90
attain and prices have been reduced and
kent so low as 10 occasion no complaint.
We have sufficient combativencss in
our makeup always To- feel high degree
of satisfaction when we come across
man who is being kicked and find that
he has strength and courage enough NOT
only 10 kick back but TO kick back TWO
for one The time will come when ihe
prosecutor Of individuals and compaAe-.
because they or those who do the man-
aging have al few more ounces Of brain
thau The average man and because they
have thereby grOwn rich, VIII Doe proc
nouuCed 81 public enemy. TT they have
done wrong punish that IL they have
injured the publc-puuish that Lut Do
they have by combining capital cheap
cued values of commodities $50 as 90 bring
their products within the reach of the
poor man as well as of the rich IN cane
not Doe just or good policy to treat them
like criminals Furthermore 81 they have
through perseverance diligence. thrift.
and intelligence gained wealth while thus
serving the public-shan we Doe jealous
of that? Us not that commCndable too?
The case could not be made palmer than
this article makes it, The State that
directs its attacks upon successful men
because they have succeeded is The very
worst enemy that that state can have.
10 is OF no consequence whether the ate
tack IS veled under the specious plea
that TRUSTS" are dangerous or what
not The movement I'm it's last analysis
is always one AGAINST the success of suc-
cessful men. and uo community viii ever
prosper unless fits individuals are encour-
aged 10 prosper and assured that They
win be protected in what they accu-