Twice-a-week plain dealer. (Cresco, Howard County, Iowa) 1895-1913, 1900-10-26

| ating in the same place at Sc for
house and SIS for business place per
year and is making money. The ex-
orbitant rates of express monopolies
are notorious, and even railroads have
been known to make excessive charges.
Municipal Franchises.
1T is NE same WITH all our city mon
opolies. Gas sells at 81 which can
be made for 20 cents and distributed
for Is, as we know from various gas
reports and investigations.
The above are but few samples
IRON an enormous mass Of facts dem
onstrating that private monopoly
tends to extortion.
| EXtortionate charges lead, of course,
to enormous profits and the building
of vast fortunes which become, in thei;
turn, the instruments of further ex
| tortion. The monopolists roll in
wealth, while the working masses and
competitive classes are cheated out of
their fair share of the worlds wealth.
Those who build palaces do not live
in them.
Builders Enter Tot In.
Those who dig coal have little fuel,
Those who make clothes are ill-clad,
those who grow wheat and corn are
poorly fed.
Those who build railroads do not
travel.
Those who do most of the work do
not enjoy the fruits of their labor,
| while those who do little or nothing,
enjoy much; all because privat mon
3 appropriating what others produce.
. Here are some of the profits private
monopoly has made:
y Oil trust-s23, 100000 in three months
s about 100 per cent year on the cap
ital, wafer and ALL (The oil monop-
: oily has been known to make $40 per
cent on its whole capital, and on one
investment 5000 per cent per year was
: obtained through railroad favoritism
- wealth Against Commonwealth, PIP
!. 67, SO, 1907
i Profits of Monopoly.
- Steel trust-$42, 100000 a year
% about 80 per cent on water and all.
"a Sugar trust. 200 to 400 per cent.
If Wire trust, GO per cent.
- Tin plate trust, 40 per cent.
10 Pennsylvania coal, 80 per cent.
. Fifth Ave- bank (New York;, Is
70 per cent.
n, Chemical bank (New York;, 200 pc
~ cent.
30 metropolitan Telephone Co., $50 pc
=, cent.
ID Bell monopoly, s5,OOO,OOO year, A.
of its total income.
"a Telegraph monopoly (on original in
vestment), 300 per cent year.
Bay State Gas Co., 60 per cent
year.
p Cleveland Gas Co., 144 per cent
~ year.
OF New York Gas, s3O0,O00,00O in tie
We years, or enough to pay 10 per cent O
d. the investment and duplicate all tt
o. plants besides.-(New York Senate Ii
lte vestigation).
les Metropolitan Street Ry. System, Ne
OF York, % per cent.
se' Philadelphia Traction-$5, 500, 000-
M. 16 per cent on investment.
ne 18th and 18th Street Co.. 65 pt
IL, cent.
ed Philadelphia City 81 per cent
IN Ridge Avenue AZ per cent.
en- Citizens Co., CT per cent
w. I'd and Sd Streets, rs per cent.
/. Union, 81 per cent
Oh The excessive charges and exort
'h- tan. profits of private monopoly a
yer nothing more nor less than taxati
IN without representation. You are n
IN represented in the oil trust, the ste
ing trust, the coal combine, the Cuemic
bank, the gas, electric, street railwa
telegraph, telephone, railroad, beef, S
lie gar, copper and tin monopolies. y
ye: they Levy taxes on you.
The Watered Stock.
for The monopolists know that thu
up outrageous profits may rouse the pc
per pie if they become known and SO ma
ICY of those most open to the public ga
oily try to hide their gains by wateri
uld their capital. Ninety per cent on
rm real investment is only 9 per cent
capital watered to tenfold bu
ap- Fraud ana extortion are among
and most prolific and are quite the ms
CO. deplorable Of all the results Of privs
YER monopoly.