Alexandria gazette. [volume] (Alexandria, D.C.) 1834-1974, 1903-08-20
THE MONEY KINGS.

BaY, or from the four perplexed mem
beers Of the Senate finance committee
who are trying to frame financial DILL
have not been needed to inform the
public that. from the President down
every one likely to be concerned IN the
making of legislation this winter Is ID
state of hopeless doubt whether any eiiec-
tive measure can be enacted into law TO re-
lieye the threatened money strlngency OF
to avert the menacing public danger
arising from the concentration OF capital
in the hands of a few men in New York.
Statistics and conditions do not agree
and this circumstance adds to the COM
plications with which Congress IS ex-
pected to grapple. Statistics show an
abundance Of money in the country,
while conditions reveal Il contrary ex-
bibit Ii has not been definitely proved
that increased circulation will add to the
general prosperity, or that any law can
aid business, unless in addition to pro-
yiding for larger volume OF currency
provision can also be made to stop the
constant accumulation Of money IN the
control of the great New York bankers,
and make possible its equal distribution
throughout the country.
1t has not been proven even that more
money is needed, because the process OF
boarding and seereting which the money
kings. chiefly John ID. Rockefeller and
his associates, practice, in order to play
upon the fears aud impulses of the pub
| lie. to affect baak statements, and 70
bolster up or beat down the stock mar
ket, has really left no possible index to
actual business conditions which legisla-
tors might use as guide in their efforts
to solve the problems presented.
1t has become patent to all observers
that the key to the situation is held in
New York, and firmly held, by the men
who are forcing the cry for more money,
while controlling enough to place inter
est rates at any figure they desire.
1t is also clear that as trade and finan-
cial conditions now exist, an increase OF
currency may but add to the power Of
these money cormorants and leave the
country more at their mercy than ever
before. Stock market fluctuations have
shown that, regardless Of values, the
Rockefeller combination has been able
to put prices up or down and TO add to
their hoardings by either operation.
It is known that by their transfer OF
money from banks to trust companies
and back to the banks again they can
make the bank statement anything they
want it to be. They can close their
Golfers and send to ruin promising and
apparently prosperous corporations and
cast the mantle of death over meritorious
enterprises. They prey upon the public
as leeches. Money is their commodity
and manipulation their method Of bust
ness.
1t is no exaggeration to say that at
the present time the greatest disturbei
of business security, the greatest menace
to general prosperity and the greatest
obstacle to the proper regulation OF the
whole currency system is Rockefeller
and the coterie OF 6Danciers who sur
round him. But The danger would not
be so great were Rockefeller and his
associates alone 10 their amassing and
holding of wealth. Their enormous
success and their matehless power has
infected others witb similar spirit. The
whole tendency otdhe extremely wealthy
men of New York is to combine in
order tbat wliateFer power can be OBJ
tanned from the costrol Of the country
/ money supply shall be concentrated in
themselves. by-5
J. Pierpont Morgan, quicker than any
man in New York to see how affair
can be turned to bis own advantage has
quit the Morgan school of finance, leay-
ing his dupes to carry it on if they
desire to, aud has gone over to the
Rockefeller side and the Rockefeller
system.
When the great bull market Of last yeai
was at its height and every share of stock ~
the Morgan enterprises presented the ap
parent buoyancy Ola balloon Morgan got out
pocketed the millions he claimed as his BIZ
for putting new trusts upon their feet and
!
bears could hurt Morgan. and the proof of his
indifference to the fate of the stocks he had
inhated was shown in his entire lack Of effort
TO hold them up.
Morgan had turned bear himself but wa
standing aside watching Rockefeller day after
day tearing down the fabric Morgan had ere
afed and waiting for the moment when be
could step 10 and take advantage Of the sit
uation on his own account which he did when
prices had been hammered down to suflic
iently low point Philadelphia North Amer
lean.
CORPSE IN COFFEE CAN. The blood
stained corpse Of a fye-year-old bog
was discovered yesterday evening by
Baggagemaster a. B. Mcdonald on a
Pittsburg, Virginia, and Charleston
Railroad train en- route to Drayosburg,
Pa. The little body was packed lightly
in large coffee can two feet high and
eighteen inches wide, and was wrapped
| i'm the blood-soaked folds of a roman :