The Hocking sentinel. [volume] (Logan, Ohio) 1871-1906, 1900-09-27

| traveller. the hotel keeper. the railroad
| the livcryman and the newspaper.
The Eject of Trusts.
The lawyers are finding that with the
growth Of trusts the business IS gravitat
ing toward the offices of the big corpora
uon attorneys, while less fortunate prac
utioners are becoming law clerks.
The actors suffer from the theatrica
| trust.
The small manufacturer is constantly
menaced by the trusts.
he does not know at what moment some
large corporation will attempt to mon
opoiize the business in which he Is en-
gagged. and give him his choice between
bankruptcy and particulation in an In
austrial conspiracy against the rest OF
tne country. Many have been driven into
the trust organization by the larger cor
porations engaged in the same business
or py trusts formed to control iron. steel
TIN plate. or some other product used as
a basis for further manufacture. In what
business can your son safely invest q
small amount Of capital today? II he
STARTS into any independent business ne
VIII ma 1t difficult, II not impossible. to
compete with large organization II II
attempts to undersell him In his ter
rtory, because 1t can sustain itself. oy
collecting high prices In other parts OF
.ns country. II he suppresses MS moral
opoiy, he does not know how soon those
IN charge may attempt to freeze OUT
the smaller stockholders.
The merchant Is losing his fndepend-
Gh,s. nc trust nxes the Terms upon %
~nAen ne .nah sell. ana often pinos MN
- S'"rract not 10 sell competing cIA-
ora,,. .;n wnen tne monopoly Is Somplete
ehons Mm wn % snofteneo' ana tne mSr- Ley :
s."s Ds ccmpeIed 20 cear III tne
.... VI udoe. When tne uust saises
~ .ne mercnant usually mas 10 dis.oe
=. .,ocs -. vi. Win ms cus.o
~. 49,. -. neau - SonooIuSu. S1s
Lat. ~ vye.s3cns ne nleIHSe S a..~ nc.
-. ~ pce Lan' tne MeIcnant mus.
When, for instance. tho American steel
4 Wire Company closed several Of its
factories few months ago and threw
some six th0usand employees out Of work.
It dropped the price - nails and barbed
w1re - 0reer e. 1<oT on . aurpluS stock
winch had oecukuIhkod. boe1U19 ~
nigh price, had Iessened the demand.
Every merchant lost money On the nails
ana wire On hand.
Tnere . already overproduct1on In many
nnes. The supply Of common chairs Is
nov considern2 In excess Of the de-
mano, out lest the Republicans may try
TO explain this upon the theory that the
people are too busy to sit down, may
add that there is also dullness in the
snoe trade. The Iron Age in a recent
issue pointed out that the production OF
iron was falling on. the decrease then
amounting to more than $1,000 tons per
month. Dun's report OF July Nst stated
that the woolen mills were running at
less than half their capacity; and even
recently the cotton manufacturers have
been threatening to either reduce wages
or shut down temporarily. According to
OunS report, the business failures have
been greater during each month Of 1900
than they were during the same months
of last year. and this occurs in the midst
Of good crops. and when two wars are
In progress.
Tru.t. and A,h.-.- r,u.tu.,,o,.
IT.. ,..--..- a-'-N,..
cnrscv sn iono "- ,at,,.s, % ra.n ,au some e,",
oLt nc ca.no. protect nmsei against tne
s,aS..,sa ;. osy muc.uauons, wnicn are not on,y
poss",o .S p.oCeuie ""en q inonopoiy
Svms.o.s ~. ene IiotAe
me tarmel IS one OF the most import
AM AM iao.ols IN our nauonai NE. some
.s. ons A"s saiu 70 NM me manu- Una.
sIios ene pDwsIse Ieeos tne "oriu.
.. .usss; ous nc ieeis tne eAtorIon prac-
iGeu W tnsm an. ! am not farming on
% i.lse scare out tne misleaoine reports
~.ea "ase ceeu ccuia.eo conceThiie
ny oat crop Jusuly me IN Hannns reI-
srence 70 my own experience. Inc new
. .k Iripune recenuy printed oispetcn
rom NeorasAa 70 tne erect tnat l hao
Just soiu ior.y-eisnt huno,eu ousheis OF
oa's e' ~ cents per ousnei lsupposeo 70
pe .ne yIeio OF iw acIes'' ana tnat the
Z aInount ,eceiveo Ior tne oats was more
late upon the prosperity Of the farmer.
using my experience as an illustration.
ka were becoming SO opulent that they
were Joining the Republican party. The
facts are, first: That I had five acres
Of oats instead Of one hundred and
twenty acres; second, That the oats
have not yet been threshed, 30 that tho
yield Is not known; third, That oats are
selling for less than q cents in Chicago.
instead Of 30 cents In Nebraska, ana
fourth, That the land upon whIeh the
pats were raised cost me over 500 an
lcre instead Of g. H. when threshed.
ny oats yield 40 bushels to the acre.
and sell them in Nebraska for % cents
Der bushel the total income from the five
lcres will be $40, or less than eight per
.ent on the investment. After taking out
he cost of plowing, sowing. harvesting
md threshing. the net income from that
i've acre tract. will not exceed four per
.ent on the money invested. do not
mean to fudge others by INV own experi.
.nce, but mention the facts In this case
% show how the Republican papers ex-
lggerate the farmers prosperity. and
.redjt a Republican administration with
T