People's voice., 1900-10-18

ssH'.a fA t-'a- -
= --r-sr. ,jgJ.sa ErE DIGS 50 L1E- :
ating in the s1lne' place at s. lfOF a
house and SIS for a business place per
year andsis making, money. The ex-
4erbitant rates OF express 7IneROpolies
are notorious and even railroads have
been Known TO make excessive charges.
-.-.-- a.. Municipal Franchises. -.'-il--
1t is hesame vita alLour city mon
Opolies. Gas sells at 81 which can
be made for 20 cents and distributed
for 10. rs we know from various gas
reports and investigations. z---
The above are but a few samples
from an enormous mass of facts dem
onsbating that private monopoly
tends to GXtortiOn. ..-
Ext0rtiOnate charges lead, of course,
to enormous prcnts and the building
| OF vast fortunes which become. in thet
turn, the instruments of further ex-
t0rtion. The m0nopolists roll in
wealth, while the working masses and
competitive classes are cheated ont of
their fair share of the worlds wealth.
Those who build palaces do not live
in them.
Builders Enter Not In.
Those who dig coal have little fuel,
Those who make clothes are ill-clad,
Those who grow wheat and corn are
| poorly fed. E
Those who build railroads do not
travel. "lE
Those who do most of the work do
not enjoy the fruits of their labor,
while those who do little or nothing,
enjoy mHeh;- all because privat mon
epoly gives some men the power Of
appropriating what others produce.
Here are some of the profits private
monopoly has made:
Oil trust-$2S,OOO,OOO in three months
about 100 per cent a year on the cap
ital, wafer and all. (The oil monop-
oily has been known to make $40 per
eent-On its whole capital, and on one
investment 5000 per cent per-year was
obtained through railroad favoritism.
-Health Against Commonwealth, pp.
Ct, 90. 1907
| ... Profits of Monopoly.
Steel trust -S42,jOO,OO0 a year
about 80 per cent on water and all.
Sugar trnst, 200 to 400 per cent.
| Wire trust, so per cent. aa'E
Tin plate trust, 10 per cent, 1,-t
Pennsylvania coal. go per cent.
Fifth tve. bank New York;. $50
| per cent.
Chemical bank tNew fdrkl, zoe per
cent p
metropolitan Telephone Co., $50 per
| cent a. 'sas gasa'-c.- TTEr's 1Tzc
eBSlt +. .hFonoBolS i s5,OQo,QOQ a YEAR, YEAR, As
| ot.lnS tetab INCOME. Sns 4 r1.z
I Telegraph monopoly, ten original in
yestment1. 800 pei. cent a year.
| Bay State Gas Co.; 50 apeE'eent "a
! year. ash1 =. i'.''i@ .7-'9a'a
-~aGleTelana, Gas Co.. IA per cent "a
,ypear-s@ -rs----+F
/ e New York 'Gas, SSOO,OOOOOO in ten
years, or enough to pay 10 per cent on
the Investment and duplicate all the
lplants besides. .&CNew York Senate In
] vestigationl. = sly Z
Metropolitan Street Ry System, New
Il York; per cent? Sd!
4 Philadelphia Traction-S5, 500 600.
. ! .1eiDer eentaeh investment. )
4 18th and 18TH Street Co., 50 PEI
7 cent. neg --7"y it e-
/. Philadellhia CITY 81 per cent. 8
4 Ridge Avenue ~ per cent. &
Citizens Co, 81 per cent.
I'd and Sd Streets, 25 per cent.
Union, 81 per cent.
The excessive charges and exorbi-
tam profits of private monopoly arr
nothing more nor less than taxation
without representation. You are no
represented in the oil trust, the stee
trust, the coal combine. the Chemical
bank. the gas, electric. street railway
telegraph, telephone, railroad, beef, su,
gar, copper and rin monopolies, Yet
they levy taxes on yo1. "
Watered Stock.
The monopollstS know that theiI
outrageous profits may rouse the peo,
pie If they become known and SO many
Of those most open to the public gaze
Try to hide their gains BY watering
their capital. Ninety per cent on tht
real investment is enly 9 per.eeat or
a capital watered to tenfold bulk
Fraud and extartion are. among ihi
most prolific, and are quite the. mos
deplorable Of an the results of private
monopoly.