The Lexington intelligencer. [volume] (Lexington, Mo.) 1901-1949, 1902-08-23

.... c1al y s-i Aa-i E ~ f.T ff
claims the aggregate ot shs captaH-
zation to be SO, AZ ,e6s, of which u
sa3s 1t least 300, COO, 900 represents
nothing but water the sPuriousstodk
issded 10 thgeaptai6s Of Industry who
effected the consolidation, but ob |
which the people are expected con.
tlnually to pay dividends, But mark
you, this watered stock does not re-
main ln the hands Of the men who |
issued it. 1t goes upon the market,
becomes a source Of investment f0r
idle capital aud thus shuts out COM
petition by absorbing the money Of
country, seeking investments of that
nature. Were these $500, 900, 600 net
invested ip tbisIspurlous stock It
would be seeking some other profn-
able source Of jnyesment and thereby
giving competition to the trust and
reducing the prices to the people.
Suppose, for example, if Mr.. Hep
'bhEh 4 stat emeptlplegard to the steel
trust be true, there was invested IN
that company only $500, 900, 900 and
the 81, 100000, 600 Of its spurious
stock, large part Of which has been
bought up by the investor, had never
been placed on the market-then the
steel trust, earning as 1t did last year
1910, 100000, instead Of declaring 10
Der cent dividend would declare AG
per cent dividends. How long would
lit be before such enormous profits
would ATTRACT the attention Of capita
l.ahd invokesoch competitienss would
] fogceI down the price OF its products
lto a fair basis. Ecvwit6 competition
,Efrom abroad shut on by the tariff aht
competition at home ethrottled bY tp'
4 trust, the American. consumed is dp
tiyeiy at the meycy of'ohe trust.
What need have we now for a pro
te ctiye tariff, except as declared by th
|, Iowa republicans to furnish ga Shel
ter to monopoly. Give to Americas
factories and American, farms 2 chabc
at the markets Of the world and the
will ask no other favor and hold inn
, fear tTie, wofkns1 81 any land: The
! will the American Dag without tn
I AeTpe6f snbaaIss Hgaea sgsiu abovesa
American marine and the last 40
I|EFeStest9 cfFcFpsaoes will start frel
II / heneM 1estitbC capture in peacet'
conquest the commerce of the woKlt
81 { a A1l7gly E'Ola Man" 2
{ a Atthe beautltutcountry home OF y
:. Ferd D. Smith, on the 14th OF Of Api
81 @eFersaSspFb FbIedafRaiES ct relatg'
! ana, friends TO celebrate his seyentHi
T Birthday Sdd also shQ biEbday of%
s. egimhble wife, Yhp iss potlrsp old p
. asy lady's age,is tabooed subjcc
J, We wiil1mage no further mention ohi
The affair came as surprise to q
ho60r9d c9upTs, as it was planned u
y carried intoSsffsSt by their daugHt
= SallIe, (Mrs. George Jamison) 9
p + Ths quest were soaeagsIerbea5oya
y day TO the fullest that they -arrix
Sss SssEmu6h, earlier Asa8kshtoIt heEees
e the proper time. There was nes
y, large number ptilsd, ,dnlg tine faR
- and near relatives and a few intirli
y friends were the guests. Messrs. II
~ bert Sparks and Geo. Jamison W
I, bnavaihabgy11sa tnd JHAa had9t
q sympathy Of the entire party in y
~ loss. The morning passed quieI
~ u and delightfully."- to Ihsse friends, g
ilI Of who1l had snot.9hist for 10
~ ghwbile. sHiluGa FsAW X
~ All win agree, however, thati5i
Y, crowdihg event was ihs- fea4t) of 6
80 things, the royal DINNER, prepA
'el and served under me direction of
= elegant hostess, pro-tem Mrs. G
= Jamlson. TO any one who has e
A beea a. GUEST lot hsssl sRho has e
'ns been welcomed at her home and
=" joyed her culinary akllI, this would
.as sufficient, aior nose know her but
tey love her" anobeilnamci Der lOut
= prmse.'; aIsas a,sriarm
eis The menu-well WHO Of the. gu'
.ns can recall the whole mems old hl
~ fried chicken, roast bsei, salads,
ou' elables cooked 10 petisctiOn, enlree
ces many kinds, delicious ice cream, Ct
Sne olate fruit cake, angel food, ms
9ps mailowlcaks etc.. coGee, iced tea,
'tsa tedralmonds.r y as.sseHsssf~.
sls The guests fingered tilIthe sun
asAibW and 6aas farewell rslucERp