The evening times. [volume] (Washington, D.C.) 1895-1902, 1902-04-23
Effect of Trusts
On Peoples Prosperity.

His this movement oppressed the PEG
pie It has Tot oppressed the workingmep
because more IaboreFs are now employed
at higher wages than ever before in his
tory; and il savings banks alone Anerj-
can workingmen have on deposit TO-DAY
over $500 COG, 000-more than enough
ready cash to buy out any ten of the
greatest corporations of the world. Ts II
said that this movement throws Jabor. ont
Of em2loymeutT When the railroad esTne
the stage driver and horse dealer tboUghf
they were thrown out of employmept. bUt
instead new and better employment was
provided When the seIf-binder came
haryestA~s thought their occupation gone.
hut instead new and better occuDatfo1
came. TINS v,zIc1z development. fbTcU.ine-
men here and there cut Of employment for
q day furnishes permanently increased
employment for the ever enlargiDe nur7
ber OF American wcTkingmen; and where
4.z5l.613 wage earnerg were empIoved in
manufacture ten years ago. nearly & 060 O60
WoThnEmen are earning higher wages
now IN the single occupation of manufac-
Jure alone This movement then has not
oppressed labor. It has not oppressed the
agTlcuiturists- because American far
meTs in the last six years have paid
mortgages on their farms TO the amount
OF S300 600 coo; and the American farmer
could today with his livestock alone nav
the entire national debts Of England ana
Germany and still have over $500 G0f 066
left It has not oppressed any class. be-
cause the well-beiug of the whole Ameri-
can people is the establishment and envy
Of the world
These simple illustrations explain the
nature and effect of the movement of the
day toward industrial cooperation and
combination What causes this move
ment2 Nothing but human thought and
energy unrestrained; nothing but the ad-
Yancing Intelligence Of the people: the
trust Of man In man; nothing, In 2 word
but the progress OF the race. All these
have changed conditions. Railroads have
Joined village TO city; highways have
Joined farm to village; the whole country
is a single community today. Indiana and
Illinois have more people than the entire
population of the original States when the
Constitution was adopted. The cattle
raiser today speaks from the crossroads
telephone 10 the stockyards of Chicago
The telegraph flashes commercial orders
around the world faster than the dawn
can travel, and now the wireless method
viii soon I'll all civilization with messages
swifter still Today a ear of freight is
sent across the continent quicker than
Washington could travel in swiftest stage
coach from Virginia to New York. Be
fore the time OF electricity and steam
every little community, walled in from
the rest of the world by want of means Of
communication, had 10 supply its limited
needs by its own limited means; today
every city is in quick and constant com
munication with every other city. and
every American home Is IN touch with all
American homes-Woven, all OF them, by
wire and rail. By electricity and steam.
SSSo the splendiG sSf3S+S of our national
unity. Massachusetts supplies Louisiana;
California supplies New York Every
section Of the Republic is drawn upon to
furnish the needs of every American
home; and into that home the service and
resources Of all the world converge.