The Jasper weekly courier. [volume] (Jasper, Ind.) 1858-1922, 1903-01-16
THEY IRUcKLE TO TRUSTS.
People a. 10 the CsaA< 81
HlSh prse~s-


government departments and b--eaus
recognize tLe trusts a. the real pow
CT behind the republican throne. and
understand what j. required of them
IL they wish 10 hold cato their jobs
In short, they serve the trusts Some
serve in their Official capacity only,
others curry favor and promotions
by serving with all their faculties AZ
all times These latter are the wise
ones. as is evident from the kind Of
men appointed TO commissions. ba-
~~aux, etc
Treasurer Ellis II. Roberts was un-
1oubtediy right when he told the con-
vention Of the American Association
FOR the Advancement of Science that.
With all other things equal large
additions TO the currency carry up
the prices Of commodities measured
by it,
He then said that notable advances
have taken place in the prices Of ar
ficles Of necessity during the past
hve years His estimate Of the in
creased cost of living as IS to - per
sent is undoubtedly too low. how
ever.
Treasurer Roberts would have rs
infer that these increased prices and
higher cost Of living is due entirely
10 the additions 90 the currency OF
the country The increase in gold
alone in this country. he said. had
averaged siO---s3-s3s 4 year since
January l. 1sos- He said nothing
about the marvellous growth OF
trusts since the passage OF the Ding
ley act in 1>e-. and the probability.
amounting almost TO a cert1inty.
that most Of the advance in prices
Is due to the monopoly OF our mar
kets by these protected trusts In
fact most of the notable advances
car be traced 20 some trust formed
since 1897 or 10 natural causes. such
as poor crops abroad or poor crops
at home Some farm products are
selling for less now than in 1877 in
spite Of the great scarcity abroad
Thus Mr. Roberts mentions wheat as
being lower than in lss-.
That the trusts are the real cul-
prits in putting up prices j. eridenr
from a consideration Of foreign
prices FraLee- England and Ger
many have increased Their gold hold
ings since lsss almost as much as has
this country Yet the cost Of living
I'm those countries has increased only
about one-third As much as here ard
IN fact. has probably declined consid-
erabiy during the last two yearx- in
spite If poor crops fhere- and while
II was rapidly rising in our trrist-rif-
den country Sauerbeck's index
tables show that prices in England
declined i've per cent. in 1901. and
were only rs Ter cent higher than in
1926 Prices there probably declined
further in 1902 although most meat
and other products imported from
sre United States were higher
II Is up 20 Treasurer Roberts 20
tell Us WHY with greatly increased
currency both here and abroad.
prices have not risen almost As much
there as here with all other things
equal he said VIII he please tell
us what other things. thar Nigh. az
feet prices were as unequal in this
period as the growth of trusts here
and abroad3
No. he viii not He prefers 10 play
the sycophant and to apologize for
trusts He SAYS:
Great corporations cannot thro.-
tie competition: they arouse Il on a
larger scale The giants among
them promise moderate prices with
a view 70 steady profit
Here is trust trucking for you He
well knows that great trusts do
throttle competition ard charge i'm
moderate prices He knows what the
beef and coal trusts did in 1900. for
he must have read the reports of the
Washington fcifvl committees that
investigated these trusts. He rnnsr
know that the railroad and coal min
ing companies in control Of the an
thracite mines have stopped cornp~-
tition almost absolutely. and are
charging prices limited only nv the
competition from other products and
bv the fear Of the wrath Of an or--
-aref people He a. perhaps. no
worse than most others above and
below him in the government employ.
All recognize and serve their real
masters. the trusts that contributed
the funds that carried the elections.
that put the republican adnfnfstra-
ton in power. They viii ever re-
main faithful 20 their trusts and win
ALWAYS be ready. at command. 10 fool
the people hv throwing statistical
dust into their ewes or by injecting
Official sophistrv into their heads.
whenever the trusts think there l. Sc
rious danger Of trouble 70 their mo-
nopolies-