Weekly independent. [volume] (Elko, Nev.) 1887-1914, 1902-08-08
TWO VIEWS OF THE TRUSTS.
There are two ways to look at the

There are two ways to look at the
trusts.
Just two ways, and that's all.
There are those in the trusts who look
out and those out OF the trusts who
look in.
They do not see the same thing.
This Is the view OF ons out Of the
trnsts who looks i'll and tries to tell
what he sees in plain words, with none
OF the patter OF high finance TO hids the
truth.
Industrial OBSERVATION-DISCLOSURES. so-
cslled-have one aim in view, That is
to make money; to make lots Of money;
to pay interest on watered stock and OH
promoters bonds,
To take an industry or a group OF in
dustries worth a million dollars and
make them pay interest on that million
and another million, in the pockets OF
the men who worked the deal-that is
the idea Of the trust Of today put into
plain terms.
There il a good deal 1t talk abou:
Community of interest" destructive
competition" harmony and distribution
and economy OF management"
These are long words. and they sound
well. But i'll the end they mean Just
one thng-ihat thing is money.
And who pays it? Those who are i'll
the trusts ring?
Don't ever think il.
Trusts are to get money from those
who are out and look i'll.
The process is never reversed. and
when trusts magnates fleece Zach othe r
that is. on Il side bet-the aim OF the
trusts is still the same.
The steel trust. to get down to facts,
is doing Il little financial juggling,
changing preferred to ommon stock. J.
PierpOnt Morgan is waving the wand
For his work his firm is to Oe paid ten
million dollars.
Who is To Il it?
Mr.. Carnegie, Mr.. Rocketeller aud Mr..
SchwnbI
Not a bit Of it.
i"n, John Smith, when you buy your
pound Of nails. will give your share.
Tom Brown, across the street, want q
some wire netting. He chips in a little.
Then Charles White, next door, helps
when he buys a stove. and Black your
friend around the corner, adds IA little
when he puts in a furnace.
All the Smiths and Browns and
Blacks and Whites give their mite, and
there is the ten millions.
In the enc the expenses, the profits,
the wages, the cost Of the material and
the stealings Of every big business come
ont OF the people who buy the goods.
II does not make any difference how
many long words are used, that is all
there is to it. When IL trust makes a
million dollar business pay interest on
two million capital, the man who buys
the product hos to pay.
Now this is not the -doctrine OF
anarchy and is not Il manifestation OF
social unrest" Neither is it Ii plea ia
prejudice vested interests
1t is just hard, plain sense.
1t is something you all know, only il
Is usually stated in long words.
The lille ance between anarchy aud
political economy in u good many cases
is Il matter of one and SIX syllable
words.
The way to meet the trusts is to go ut
them with their own game.
a trust OF voters could do the trick
easily.
1t is not right to break the law, to
steal or rob 0r burn, but there ia the
right TO change the law, and to change
it i'll such "A way that all the paying
shall not he done by ono side and all tho
receiving by the other.
II the steel trust were taxed "a sum
equal to the profits it pays OF watered
stock that would DO an example.
1t wOuld not be kind to those who
are try ing to add to their million, and
might even tend to shake tho "conii.
dence OF capital" n bit.
But as TO that, capital needs a little
jarrinR now md then. II to
think II ia sacred otherwise.
Tho man with Il million dollars has
just Rs many vested rights as the man
who works for II dollar a day, Just IN
many, no more, no les.
And the rights OF ono are no more
sacred than tho rights OF the other.
Wealth robs poverty Of it, right; it
rises in righteous wrath il poverty cven
takes an equally legal retaliation.
When II man in on hiS buck with the
fingers % tho footpad Mt his throat he
does what he can to cave himself
Knusas City World.
HII,l M. XyIH.