Little Falls herald. [volume] (Little Falls, Morrison County, Minn.) 1889-1950, 1900-10-26

E~~~A~AsAA9
to an unceasing warfare against private
eavor to fulfil tho premise in letter and
ating in the same place at Sc for 9
house and $18 for business place pei
year and is making money. Tho ex'
orb1tant rates Of express monopolies
are notorious, and even railroads have
been known to make excessive charges
Municipal Franchises.
It is me same with all our city mon.
opolies. Gas sells at 81 which car
be made for 20 cents and distributed
for 15, as we know from various gas
reports and Investigations.
The above are but few samples
from 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 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.
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
opoly gives some men the power of
appropriating what others produce.
Here are some of the profits private
monopoly has made:
Oil trust-$23, 00O,O0O in three months
about 100 per cent year on the cap
1tal, water 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. DID,.
81, 80, 1907
Profits of Monopoly.
Steel trust $42,50O,0O0 a year
about 30 per cent on water and all.
Sugar trust, 200 to 400 per cent.
Wire trust, 60 per cent.
Tin plate trust, 40 per cent.
Pennsylvania coal, 80 per cent,
Fifth Ave. bank (New York;. $50
per cent.
Chemical bank (New York;, 200 per
cent.
metropolitan Telephone Co., $50 DER
cent.
Bell monopoly, 100000 a year, IS
OF its total income.
Telegraph monopoly ION original in
vestment), 300 per cent a year.
Bay State Gas Co., 60 per cent a
year.
Cleveland Gas Co., IA per cent
year.
New York Gas, $500, 100000 in ten
years, or enough to pay 10 per cent on
the investment and duplicate all the
plants besides,-(New York Senate In
vestigation).
Metropolitap Street Ry. System, NV
York, 70 per cent.
Philadelphia Tractioh=es, soc, 0oo-
IL per cent on Investment.
18th and 18th Street Co.. IS per
cent.
Philadelphia City 81 per cent,
Ridge Avenue AZ per cent.
Citizens Co., 81 per cent.
I'd and Sd Streets, Is per cent.
Union, 81 per cent i
tan. profits Of private monopoly are
nothing more nor less than taxation
without representation: You are no.
represented in the oil trust, the steer
trust, the coal combine, the Chemical
bank, the gas, electric, street railway,
telegraph, telephone, railroad, beef, SUI
gar, copper and Tin aonopolies. Yet
they levy taxes oh you.
Hatefed Stock.
The qnohdp0lists know that their
outrageous profits may rouse the peo-
pie nthey become known and so many
Of these most open TO the public gaze
try 10 hide their. gains by watering
their capital. Ninety per cent on the
real Investment is only 3 per, cent on
a capital watered TO .tenfold bulk.
'Ffaddd ana extortion are among the
1saost ,pfoliAc, ana are quite the most
'deplorkble eef. ell the results of;priFate
tn25hgpSIy.