Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1899-07-18

earned" Yes. Mr. borlllard, the trust
stocks win drop: IN fact. the bottom VIII
drop out. for without investors In so
called Industrial stocks the trusts Will
fan apart. In the mean time, the gam
bier IN stock. viii scieuuhcaly ana
philanthropicaily rake In the widows ana
orphans money ana the chpltal ol rA''''i
investors generally.
on wha; a farce 10 pretend that trade
combinations are for the beneni "i lhe
people, The farmer who pays adNdnctu
prices for wire fence. mills. pipe, N'b"u"-
glass &c. ana the hOusrkCtpcL Wnp
pays more for home necessities, me
trJveliing-men dispensed with TO eheDt-
The trusts - earn sufficient 70 phJ hS
salaries 10 officials and permit QlNdthc
or TWO upon v,utered STOCKS. ana others
being mulcted in the name OF trade com
bindtiOns all Will smile sarcasucdhE
when Pierre LOrillard tells item that
trusts are good things.
Hal | the time 10 spare from my fesu-
lar occupation and the ability 10 handle
the subject / would Ike TO show IN a
serics OF articles that the wages paid
labor by the trusts have not been gem
orally or materially advanced; that there
has been much talk OF prospective ad-
yanccs and very few instances In reality,
despite the assertion OF Mr.. Loriilard that
the enormous savings ton Travellers ana
ADVERTISING have enabled corporations 10
increase the wages Of labor about - per
cent"
would demonstrate by inconirovsrtible
evidsnce that the prices OF nearly all
trust goods have been advanced. In some
instances leo per cent. Ii Is notable tnat
those Journals owned or Influenced by me
trusts omit This fact I'm their editorials
upon trusts and their effects.
/ would show also that hotels and hOtel
help livcrymen. railroads, ana Iallfod4
employees will suffer with the wedding
out Of commercial travellers and every
hamlet throughout the United States VIII
feel the effects of the passing OF the dram-
mcr
wonld discuss the growing socialistic
sentiment among people OF moie mon
average intelligence. ana WouiH auNiSe
capitalists and lawmakers 10 place thelr
ears close 70 the ground. and take warn
ing at the rambling. 10 note the peoPle
voice arising IN mighty volume. huNg
heard H. North and south, west anu
East. and ! think / know its meaning
| would wy I'm my humble way 10 snow
that the arguments in comparing the
advent Of improved machinery Win mo
present commercial situation 10 be 1alla-
cious. en- come instances so glaringly in
consistent AS 10 indicate that none are
so blind as those that will not see. hnd
the attempt of the blind TO lead the
blind.
AN APPROACH TO PLUTOCRAC1.
That the second most important com
mercia, body. the commercial travellers
has been condemned 10 OBLIVION Dy me
trust magnat0s in the first steps Demon,
strating an approach 10 plutOcracy ana
the depradation of labor. tho blow alincd
at individual enterprise and American
vim. and the gradual processes 10 nldhS
this country q financial dependency "a
Great Britain, could discuss with pulH-
lug pen. ,,, mn ,yan,
no English standards If AnglomdhlecS
viii hut move 10 the land or logs anu
hoes they never win be missed ne
! y,ise the plutOcrat and wou.d-ue ail9to-
! GRAFT. who. in imitation or EngHsh Co1n-
| mercial methods. COmbinc caplli - bI"'
/ An in sight and degrade LABOR 10 lle ~
/ tent OF brute endurance -,. or the
| America has been good enough ior ,uS
! common people. and will be; lndlVlIu alls an
| is not dead Havemeyer 10 the e""''"i'
| Notwithstanding. -, e,o,o5 time
| How the people have peeh loOtif" Ia
| and again! And the statement 'n1. ~
! ,,,otbcr of trusts was the tarlI was -
e,,sd to MT the people upon false scent
| fo fool them once more. Iro-li ,'Ic - -.
! land has more trusts ana lot d 800,
/ Capitalization than any olheI. Coui'i'
! Tho cause OF trusts, or rather thelr, pro
| eeuitor. must be looked TOT elseWH g
! and "a study Of monetary science may i"I
| nish the key -, III, % do m as
! e,et IN henefting my fellow-inan' ! WdhI
| H. Ia ri me when placed under the 500
! thar the world is at least no "viSt %
! for nv having lived in 1t. Can mat We
| LA NJ The millonaires who mlsufect
| t%eir wealth To degrade and cheat the
! people? -, -. iiioys, Va
tonal League. 900
| New York, July 10 lN9.